Author Archives: The Dinar Observer

Dinar News Flash –   It appears Iraq has a new Prime Minister.  It appears this is NOT official.  News and intel reports have been all over the place.  Two names (there may even be a third) have come into focus… … Continue reading →

Delta – Dinar Guru   Article:  “Legal Spotlights on the Central Bank’s Independence from the Executive Authority – A Comparative Analytical Study”    Quote:  “CBI is in the process of drawing up and implementing monetary policy”   MORE CONFIRMATION CBI ON THE VERGE … Continue reading →

Chattels – Dinar Guru   Article:  “Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate .”    Will it be Ali Al-Shukri or Muhammad Allawi ?

Frank26 – Dinar Guru   …IMO Iraq is asking the President of the United States of America two things.  Keep your troops here and protect us.  Build more bases if you have to and the other thing Mr. President, raise the value of … Continue reading →

Dinar Investor – Jeff    Article “Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister”  So there you go Muhammad Tawfiq is the new Prime Minister of Iraq… BGG ~ I’m not sure we’re quite to that point yet, but close…

Chattels – Dinar Guru    Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.

Footforward – Dinar Guru   Article:   “President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace”   I’m hoping this is true, but I’m getting conflicting reports from different sources.

Frank26 – Dinar Guru  …IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions…

MilitiaMan – Dinar Guru  Article:  “Parliamentary investment: the 2020 budget will be operational after the agreement with China”   The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done … Continue reading →

MilitiaMan – Dinar Guru    “Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran … We ask you to protect our money”  Did DJT get the letter above and give an “insistence” to make sure their money … Continue reading →

Mountain Goat – Dinar Guru    Article:  “CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT”    So here it is again in yet another article. The 2020 budget … Continue reading →

MilitiaMan – Dinar Guru    Article:  “Al-Fateh reveals an intention to elect the Prime Minister directly from the people”  This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Deputy: The budget law will arrive in the coming hours in parliament”   There is a difference between the 2020 Budget Law and the 2019 FML Amendment.   Imo This is for and is to be used for … Continue reading →

MilitiaMan – Dinar Guru   …they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have … Continue reading →

MilitiaMan – Dinar Guru   Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq!  They will need to be able to do so now, as … Continue reading →

Kaperoni – Dinar Guru   …Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one … Continue reading →

Frank26 – Dinar Guru    Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence!   It has turned into an insistence!   NOW! President Trump is putting pressure on … Continue reading →

Mountain Goat – Dinar Guru   …I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency…These ideas of needing a robust economy … Continue reading →

Mountain Goat – Dinar Guru   However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY … Continue reading →

Mountain Goat – Dinar Guru     There is some good news this week. …when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance … Continue reading →

Dinar Investor – Jeff   It only cost Iraq $15 to extract oil out of the ground.  Fifteen bucks for a barrel of oil and they’re turning around selling  it…around $65 a barrel…their deficit is under control…so we’re looking good…

Kaperoni‏ – Dinar Guru    …The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar.

Dinar Investor – Jeff    …Parliament is going to be implementing about a month and a half long recess so they’ll probably resume somewhere around early March…IMO I feel that what that is telling us is that they are not or can … Continue reading →

Mountain Goat – Dinar Guru   …I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays … Continue reading →

Adam Montana – Dinar Guru   POP QUIZ TIME!  Who is the Prime Minister of Iraq?  (Insert Jeopardy music…)  Ok, time’s up. The answer is: Abdul Mahdi!  …Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people’s first demand.”  …Iraq really does not want to go down this road of … Continue reading →

Dinar Investor – Jeff    …everything is looking really good.  Iraq just keeps showing us with more additional news frequently that they’ve got to get that rate changed.  Everything looks good for us.  We’re on the right track.  A little more time needed of … Continue reading →

Chattels – Dinar Guru  The much talked about 35 billion of Iraq’s money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These … Continue reading →

Dinar Investor – Jeff   …the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar…the dinar that’s outside of Iraq, … Continue reading →

Dinar Investor – Jeff  …this was submitted to the US Treasury under the Freedom of Information Act.  We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves?  They had responded back to our request…They … Continue reading →