Author Archives: The Dinar Observer
Mountain Goat
Mountain Goat – Dinar Guru What you want to see is the nominal rate put back on FOREX when it comes out following the project of removing the zeros. It is the repegging to a new basket and off the sole peg to … Continue reading
Militia Man
Militia Man – Dinar Guru I look forward to seeing what transpires in the next couple of days or even at any time. I think Iraq has really shown that the readiness of the country is explosive.
Samson
Sandy Ingram
Sandy Ingram – Dinar Guru One of the reasons Kuwait’s currency value is so high is that you can’t get your hands on the currency. The Central Bank of Kuwait has extremely strict controls over the Kuwaiti dinar. You must also … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq announces a new phase of security cooperation with America“ Quote: “The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, announced on Friday that Iraqi and American officials are committed to laying the foundations for a … Continue reading
Nader
Nader – Dinar Guru Article: “Disruption of official working hours in Iraq from next Saturday to Wednesday” They’re doing it for the election. They’re going to stop schools and hours of work for three days all the way till Wednesday. Have nothing to … Continue reading
Militia Man
Militia Man – Dinar Guru I think it still could be 4th quarter 2025. Does the REER settle somewhere around 3 times SDR? We’re going to find out…Every step of what I’m talking about is documented. What they’ve been doing is … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …we should see some movement on the project to remove the zeros this month. Will Iraq begin the swap out of the three zero notes for the lower denominations soon? We read again in the news of the … Continue reading
Militia Man
Militia Man -Dinar Guru Article: “Prime Minister sponsors the singing of the ceremony with the mechanisms for the water cooperation agreement between Iraq and Turkey” Water is a very big deal. Historic oil deal done. Historic water deal done. Now, are we going to … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Question: When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate? Mnt Goat: …the Project to Delete the Zeros … Continue reading
Clare
Clare – Dinar Guru Article: “Washington in the heart of Baghdad… Is Savaya close to influencing the formation of the next government?” Quote: “The presence of the US envoy is an indication of Washington’s desire to follow political developments directly, ensure a … Continue reading
Militia Man
Militia Man – Dinar Guru What Alaq is talking about is that his reserves are safe. The dinar is going to be rock solid…In my view Iraq is not waiting for a revaluation. We are but they have been building an entire system … Continue reading
Samson
Nader
Nader – Dinar Guru There’s no in country and outside country. When you say international, when you put something international… they’re going to put it to float and all that, the rate will be same thing everywhere over the world…I never heard of contract … Continue reading
Clare
Clare – Dinar Guru Article: “Economic: Liberation from dollar restrictions marks a new beginning for the Iraqi banking sector” Quote: “approximately 90% of the Iraqi banking system remains subject to the restrictions imposed on dollar transactions…recent indicators are positive, and some banks … Continue reading
Militia Man
Militia Man – Dinar Guru They’re taking about the delete the zeros project significantly lately. They said it’s still in process. They’re talking about a technical adjustment when they say things like that. They’re not talking about a devaluation. For crying out loud, … Continue reading
Samson
Samson – Dinar Guru Article: “An expert: 90 trillion dinars are hoarded by Iraqis and do not reach the banks” Quote: “The public does not only mean the people, but also the merchants, the contracting companies, and the industrialists,” explaining that … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru What will happen to the three zero notes? To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Note the 20,000 note has been added since this note does not yet exist in circulation in Iraq. They now plan to launch that 20,000 note in 2025-2026 at the same time as they conduct the … Continue reading
Clare
Clare – Dinar Guru Article quote: “…foreign reserves at their current level are sufficient to cover 18 months of imports. In addition, there is a gold reserve of 167 tons, ranking fourth in the Arab world and thirtieth globally according to the World Gold … Continue reading
Nader
Nader – Dinar Guru Sudani never promised before… All what he come out, he said the dinar is stronger than the dollar. All what he said. But he never make the promise. He said it will be stronger but he never gave … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Five entities that could be accused of holding up the IQD revalue. You decide who’s to blame. 1. The United States because they keep insisting Iraq stop holding hands with Iran… 2. The IMF because Iraq has not yet checked all the boxes … Continue reading
Militia Man
Militia Man – Dinar Guru Alaq…is talking final implementation. There’s no more planning. There’s no more trials. It’s on. It’s ready to go. When he says, ‘within 5 years or sooner,’ that means anytime now…I think it’s their call now…’We’ll show you anytime … Continue reading
Clare
Clare – Dinar Guru Article: “Central Bank: Banking sector reform in Iraq has entered advanced stages” Quote: “The Central Bank is now working intensively on two plans: the first to reform the government banking sector, and the second to reform private banks, … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …there is not a lot of meaningful news…to report on the removing of the zeros. Everything seems to be waiting mostly to see the outcome of the Iraqi elections. Who will be the next prime minister, his … Continue reading
Pimpy
Pimpy – Dinar Guru If you bought your Iraqi dinar and it’s been less than a year, those are short-term gains. If you had it longer than a year, then you have what’s called long-term gains and you pay taxes according to … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “Alaq indicated in his speech that within 5 years or sooner we will witness a different banking sector in Iraq.” Why in the world would he say 5 years or sooner? He leaves it open… anytime … Continue reading
Samson
Samson – Dinar Guru Article: “CENTRAL BANK : BANKING SECTOR REFORM IN IRAQ HAS ENTERED ADVANCED STAGES“
Mountain Goat
Mountain Goat – Dinar Guru …we know from past articles taken from information in Al-Alaq’s investment seminars, going back years ago, that he constantly boast about this same era as the ‘golden age’ for Iraq…Al-Alaq is now in partners with Al-Sudani bringing back … Continue reading
Nader
Nader – Dinar Guru I can tell you the…200s..50s…20s…10s…5s…1s…1/2s are out. When I say out, they’re printed. We have pictures of them now…It’s there…a lot of countries didn’t like it…I don’t want to show you for some reasons, not against you. … Continue reading