Author Archives: The Dinar Observer

Pimpy – Dinar Guru  …if the rate change happened in February and we’re now at the end of April don’t you think we’d heard about it?  And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of … Continue reading →

Adam Montana – Dinar Guru   Article:  “The Iraqi Stock Exchange announces the resumption of trading next Sunday   22nd April, 2020”   … the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor ‘Rona is … Continue reading →

Mountain Goat – Dinar Guru  …The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The … Continue reading →

Kaperoni – Dinar Guru  The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the … Continue reading →

Dinar Investor – Jeff  …the pricing index shows it’s one-to-one right now on the background yet we haven’t seen a rate change occur while it’s at one-to-one.  So the value is most likely going to be where Kuwait is at the … Continue reading →

Adam Montana – Dinar Guru   Article:   “A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020”   To me, that actually seems realistic.  Achievable.  And it’s a number they … Continue reading →

Adam Montana – Dinar Guru    OIL rocked our world over the last 7 days…there was an unprecedented…situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER.  I even posted in a recent update that “oil will never … Continue reading →

Dinar Investor – Jeff    Adnan Al-Zurfi just Tweeted on April 21st “The country is no longer stolen, they formed the government and comforted the people.”  …99% of the media is all frickin lies.  You want proof?  Here you go.  This guy was … Continue reading →

Dinar Investor – Jeff  …IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed…and then about a week and a half ago I told … Continue reading →

Kaperoni – Dinar Guru   …there are no exchange centers, 800#s or cash in places…If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) … Continue reading →

 The story of the Iraqi currency – قصَّة العُمْلة العراقيَّة

Tman23 – Dinar Guru   their coffers were low and now running dry…by law operating on a past budget since their parliament can’t seem to get a quorum and function…so now paychecks will be rationed or simply cut off…they are in … Continue reading →

Dinar Investor – Jeff  …something significant has happened on the CBI website…what does it mean to ‘delete the zeros‘? …it does not mean removing or withdrawing from circulation.  It’s referring to deleting the zeros in the exchange rate.  .00084 is the … Continue reading →

Pimpy – Dinar Guru  In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq.  The reason why to me this is interesting, these are all … Continue reading →

Tman23 – Dinar Guru   we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard…optimistic that a … Continue reading →

Delta – Dinar Guru   Article:  “News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries  (Candidates for ministries between politicians and independents).” It’s now decided, and the vote will be next Tuesday.

Tman23 – Dinar Guru   [What is the import of such a new currency for dinarians? In your opinion.]  No importance to dinar investors unless it turns to be a redenomination.  But the release certainly would require a rate different than 0.00086.

Pimpy – Dinar Guru   Everyone is presenting the names of the candidates they want to be part of Al-Kazimi’s…they’re establishing this ministry and getting him voted in as quickly as possible…this has not been voted on yet.  It will be voted … Continue reading →

Dinar Investor – Jeff    Article:  “An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability“. Quote:  “The process of increasing the foreign exchange rate of the Iraqi dinar always occurs … Continue reading →

Pimpy – Dinar Guru …I don’t know what the hell is going on with the auctions…it’s the same as it’s been.  It hasn’t changed so of course there’s no cash going on but there was a currency auction in regards to … Continue reading →

Mountain Goat – Dinar Guru  Article quote:  “…one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be … Continue reading →

Dinar Investor – Jeff    Trump has this timed perfectly so Iraq quarantine period ends, they change the rate… And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a … Continue reading →

Dinar Investor – Jeff  …I firmly believe the rate has changed but privately only on the accounting books.  Right now it’s not public.  It’s not even public in country.  I don’t believe in a separate rate where it can go in … Continue reading →

Francis Albert – Dinar Guru   Russia, Saudi Arabia, Mexico with U.S. help reach “Historic” deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.

Dinar Investor – Jeff   We’re gonna see how long they keep extending this date out {quarantine date in Iraq}.  We’re gonna follow the ISX.  We’re gonna see how long they keep that shut down.  We’re gonna follow the currency … Continue reading →

Dinar Investor – Jeff  …I am not expecting anything this weekend…my next personal timer frame is next weekend…as long as they don’t have any currency auctions, as long as the ISX stays closed…Why haven’t we see it yet?  This is very simple.  … Continue reading →

Dinar Investor – Jeff   I don’t believe the rate will change as of this weekend…Iraq is the only country in the world to have shut down their stock exchange.  That’s huge…IMO the rate did change…but it’s only changed on the … Continue reading →

MilitiaMan – Dinar Guru    Article quote:  “…customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances…”   On Thursday they “ZEROED THE CUSTOMS DUTIES”. So customs now being ELECTRONIC and having Zeroed … Continue reading →

Nathan – Dinar Guru  …I’m more than confident whatever this thing is.  Whether it’s the GCR.  Whether it’s an RV or RI or whether it’s a closed shop event reserved for the financial elites…top 25 banks and certain central banks in … Continue reading →

Pimpy – Dinar Guru  …whatever it is  [RV, RI, float etc] it’s obviously getting ready to happen here real soon.  It just seems that way…there’s something happening with the IQD…there’s a play on it.  There’s a lot of activity involved … Continue reading →