Author Archives: The Dinar Observer

MilitiaMan – Dinar Guru   Article:  “Reducing the Iraqi dinar exchange rate – determinants and alternatives”   This is effectively the opposite of the plan. The why and why not to devalue.   …the CBI has explained they are not going to devalue for many … Continue reading →

Mountain Goat – Dinar Guru  The drama of selecting a new prime minister continues…The corona virus is not helping either. Just this week an economist came out and said they should put the dinar on a float. Really? We know this will never … Continue reading →

Adam Montana – Dinar Guru   …The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic – so, whether it deserves to be treated that way or not – that’s what we … Continue reading →

Pimpy – Dinar Guru    …right now the dinar is pegged.  That’s a fixed exchange rate against the U.S. dollar…if it floats then what determines its value is gonna be based on supply and demand and market…this is good.  As Iraq … Continue reading →

Pimpy – Dinar Guru   Is this right?  Is there an article out there saying that we finally have Iraq heading towards a floating rate?  This can’t be?  When I found out about this I almost lost my poop… Article:  “Former Minister:  Iraqi … Continue reading →

Kaperoni – Dinar Guru   Can I toot my own horn?  Ok here you go…Article:  “Former minister: Iraqi dinar on the way to “float”  Quote:  “the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government … Continue reading →

Francis Albert – Dinar Guru   Not sure where this “float” thing is coming from. All currencies go up and down based on people buying and selling them. I believe there’s over 5 Trillion, (that’s a T) bet on the FOREX market every … Continue reading →

Pimpy – Dinar Guru  …I told you I think that Iraq is gonna come out on a sweet spot of around $1.34…one of the things they can do is increase the value of the dinar.  Give themselves purchasing power and let them … Continue reading →

Pimpy – Dinar Guru   …the Iraqi Stock Exchange is closed until March 21st.  So many rumors out there before this was announced.  Why did they close until March 21st?  …maybe they are preparing themselves for what?  The rate change.  Could they be preparing themselves … Continue reading →

Kaperoni – Dinar Guru   …The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial … Continue reading →

Breitling – Dinar Guru   I’ve never had fear of the Iraqi dinar gaining value.  It’s just at what pace and at what rate.  I have more confidence today than I’ve ever had.  But the dinar crowd this is gonna be a … Continue reading →

Mountain Goat – Dinar Guru    …we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the … Continue reading →

Angel1 – Dinar Guru  …There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance.  I am … Continue reading →

Okie_Oil_Man – Dinar Guru   THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE— BGG ~ COMPLETE B.S. – NO TRUTH IN THIS WHATSOEVER!!

Breitling – Dinar Guru   Will the lack of a Prime Minister have an effect on the revaluation?  No I don’t see it that way.  Remember the CBI is in charge of handing their currency…

Dinar Investor – Jeff  …Friday Brent crude oil was $45 a barrel.  As of this evening Brent crude dropped $10 down to $35 a barrel.  Everything is moving and happening exactly as I told you it would…remember their goal is to … Continue reading →

Pimpy – Dinar Guru   Article Salih: The UN Security Council Sanctions Still Apply To Iraq.   …what that means is they’re preventing their currencies from being recognized internationally.  This means that Iraq can’t really step out on the International market and do … Continue reading →

Dinar Investor – Jeff  …we’re at the end…all the news talking about Iraq’s economics.  Political scene.  The budget.  Everything is complete pure BS…everything is waiting on the rate change including the politics…only one level of news has been accurate.  That’s … Continue reading →

Breitling – Dinar Guru   …the coronavirus…I’ve literally had people go nuts on me…here’s the thing it’s completely opposite.  The markets are driving oil prices down.  The demand for oil is going down.  Therefore Iraq is not bringing in enough U.S. Dollars to … Continue reading →

Pimpy – Dinar Guru  …because of the coronavirus crude oil is tanking, just like cryptocurrencies.  Just like the Dow.   These things are getting killed.  Just getting annihilated…it dropped to $45 I think right now.  It might have dropped a little … Continue reading →

Kaperoni – Dinar Guru   UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.

Breitling – Dinar Guru    …everyone thinks it’s at a market rate and somehow they’re gonna add or subtract wealth to it.  It doesn’t work that way.  No currency works like that.  They’re either taking currency out of the market or … Continue reading →

Breitling – Dinar Guru   …I’ve been getting emails and I’m not gonna name the guy out there that’s putting this information out…here’s the math.  He’s talking about that there’s too much currency out there for it to revalue so it’s impossible… … Continue reading →

Kaperoni – Dinar Guru   …First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar…Secondly, it’s a known fact that over 70% of the currency in Iraq is “chunky.” Meaning it’s outside … Continue reading →

Mountain Goat – Dinar Guru   Doesn’t this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst … Continue reading →

BGG – Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi).  They were headed for another Shia dominated government with … Continue reading →

BGG – If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to … Continue reading →

Chattels – Dinar Guru   …it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.

MilitiaMan – Dinar Guru   …The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end … Continue reading →

Adam Montana – Dinar Guru   [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question…  I don’t think “massive” is the correct term. “Significant” – … Continue reading →