Author Archives: The Dinar Observer

BGG –   …for the first time, maybe ever – they are actually using language that implies some tie of “raising the exchange rate” to the new budget?!? BGG ~ Kinda’ odd how this was edited to look a certain way. Here’s … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Parliamentary Finance expects: Approval of the 2021 budget within the next two days”  I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently … Continue reading →

Adam Montana – Dinar Guru     [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis.  What does this signify in regards to an RV?  If the deferment is granted, does this affect the … Continue reading →

Kaperoni – Dinar Guru  If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the … Continue reading →

Adam Montana – Dinar Guru   [I truly believe the “HCL” will be done simultaneously with the Budget 2021 or immediately afterwards…Your thoughts?]  I’m mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn’t mean it has … Continue reading →

RVAlready – Dinar Guru  Time to finish the RV. I’m sure the rate has been set by now. Just waiting for CBI to announce. Ready for the number!!!

Kaperoni – Dinar Guru  The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in … Continue reading →

Petra – Dinar Guru  Article:  “Finally, the 2021 budget is ready for approval in Parliament”   Quote:  “the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours … Continue reading →

Dinar Investor – Jeff   Article: “Shocking parliamentary warning: The dollar may rise to 500 thousand dinar”  …this is not even from the Central Bank…this article is pure trash…Anytime financial information is put out in the news if it’s not from … Continue reading →

Adam Montana – Dinar Guru   [Do you think Iraq will go to a digital currency?  And Do you feel it will happen at the same time, before or after the rv?]  Eventually, yes. After.  The timing for an RV is good … Continue reading →

Dinar Investor – Jeff   They’ll have the budget done by mid-February.  That’s all that matters.  The exact timing of this has nothing to do with the rate change.  Even if they complete the budget in a week or two it has … Continue reading →

Adam Montana – Dinar Guru   [Will the cancelling of the Keystone XL increase demand for IRAQI oil and thereby the PPB?  Could this be a Precursor to an RV?]   That’s a great observation, and I think it’s 100% in Iraq’s favor! … Continue reading →

MilitiaMan – Dinar Guru   Article:  “International Monetary Receives an “emergency request” from Iraq”  Yep… They are not going to do that for a program rate… More to the story and the story is economic success, hence, the support from the IMF… There is … Continue reading →

Mountain Goat – Dinar Guru   …If the reinstatement was going to happen, we would have seen an education period followed by the project to delete the zeros in December followed by the reinstatement in January. This is the process and … Continue reading →

Pimpy – Dinar Guru  Article: “Another Arab county joins the club of normalization with Israel”  This is very very dangerous for Iran…it’s gonna make it very hard for Iran to bully these people around…This is a continuation of what Trump started…this … Continue reading →

Adam Montana – Dinar Guru      [How’s the impact of the latest suicide bombing and the affect of biden if any?]  Although both are tragic and unfortunate, I see no impact from either of those.

MilitiaMan – Dinar Guru    Article:  “Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries”   This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand … Continue reading →

Adam Montana – Dinar Guru   Article:  “Representative Energy: We have dealt with the oil and gas law disputes and will vote on it soon”   HCL is such a key component right now. In fact, 98% of this RV hinges on … Continue reading →

MilitiaMan – Dinar Guru  Article:  “The International Development Bank announces its joining the “Bani” platform”   Quote: “work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions … Continue reading →

Petra – Dinar Guru   …when they made that move [devaluing the currency] the clock started.  And that clock is ticking down fast.  Because they can’t stay at that rate much longer.  That’s the biggest key to me.  They’ve got to drive … Continue reading →

Mountain Goat – Dinar Guru  …if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV…There is no new RV rate in the budget. BGG ~ Which is ironic, since, for the … Continue reading →

MilitiaMan – Dinar Guru  Article quote:  “Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries.”   Iraq didn’t get loans in the recent … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system”    The push is on imo… They don’t have much time between now and the mid month January time … Continue reading →

Adam Montana – Dinar Guru  Iraq just changed the rate. Granted, it was the wrong way… but they are already talking about changing it again. You don’t need me to tell you where this is headed. Hang tight, friends!

Mountain Goat – Dinar Guru   Article:  “BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES”   Here it is in black and white…I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS … Continue reading →

Adam Montana – Dinar Guru   HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress – all happening right in front of us. I’m…excited to see what’s next.   GO RRRVVV!$!$!$!$!

Mountain Goat – Dinar Guru   Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening…Let’s watch for the 2021 Iraqi budget … Continue reading →

Pimpy – Dinar Guru    they’re already talking about the rate change again.  Will it happen?  I don’t know.  It’s only talk…The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no.  They want to … Continue reading →

Mountain Goat – Dinar Guru  Article:  “THE DEVALUATION OF THE DINAR IS THE BEGINNING .. “PAINFUL” STEPS AND A DIFFICULT YEAR FOR THE IRAQIS”   Yes, the devaluation is a necessary “painful step” . Like I said it is a step in … Continue reading →

Breitling – Dinar Guru   It’s a policy based investment.  If you’re watching the local markets in Iraq and trying to figure out where the value is coming from you’re never gonna get it because that’s not how they think in … Continue reading →