Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   Article:  “October 3, 2012 MIDEAST MONEY”   Quote:  “IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE … Continue reading →

Breitling – Dinar Guru    …are you ready?  Meaning, when you go to exchange your currency that’s a taxable event.  You’re gonna get hit and you haven’t even bought anything yet.  You go buy a home, you’re gonna get taxed again.  That’s a … Continue reading →

Adam Montana – Dinar Guru    We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more.  All good stuff!

Dinar Investor – Jeff     Document  “The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019“.    Quote:   “3.  Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per … Continue reading →

Mountain Goat – Dinar Guru   2)  Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption…They must do something and do it … Continue reading →

Mountain Goat – Dinar Guru    …the news from Iraq is all about two things:  1)   News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020…this is part of … Continue reading →

Breitling – Dinar Guru   If you look at it in chronological order of what we’ve been watching, it’s such a beautiful thing!  You should be very very happy.  It’s a reality.  It’s a huge huge pressure cooker for Iraq right now.  … Continue reading →

Frank26 – Dinar Guru  …Ten articles from the CBI came out today.  I told you they were going to talk.  They were like parrots on steroids…the GOI is exploding in a manner that the citizens want and that would bring in … Continue reading →

Kaperoni – Dinar Guru     So the protestors wanted PM Mahdi to resign…which he did, but the result will cause delays in reforms.  New formation of GOI will take at least a few months, delays in passing laws also.  The end result … Continue reading →

MilitiaMan – Dinar Guru    Article:   “Al-Hadithi: The cabinet will send the budget law to parliament in the coming days”   In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget … Continue reading →

RVAlready – Dinar Guru    Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced…  I think this will happen quickly, for the protests demand it.

Dinar Investor – Jeff    some of you might be concerned about the transitioning of the government…years ago the central bank laid out two things they needed to see…The security that was finished.  The war.  That was done in December of 2017.  … Continue reading →

Adam Montana – Dinar Guru   When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren’t going to give a “heads up”, they aren’t going to do … Continue reading →

MilitiaMan – Dinar Guru    Pence has ushered in what appears to be the foundation for the final agreement set for tomorrow in Baghdad. Keep in mind the salaries that will need to be paid. We know they NSCN’s (lower denoms) … Continue reading →

MilitiaMan – Dinar Guru     Article:  “Pence gave the green light to the Kurds on the sale of oil without involving Baghdad”  I don’t believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In … Continue reading →

Adam Montana – Dinar Guru    The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The “bad” part of the Government of Iraq isn’t the majority…And it appears … Continue reading →

Adam Montana – Dinar Guru    Political players and parties have been able to manipulate the status quo, and profit from it. I would say it’s fair to write down as fact that there are players in this situation that have worked specifically against … Continue reading →

Adam Montana – Dinar Guru    Then the country began to rebuild, …and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near … Continue reading →

Adam Montana – Dinar Guru   I made a mention this week about Iraq being in a good place – my optimism continues. Every week, I read thousands of posts…This last week, I read one that hit me right in the chest…  Quote:  … Continue reading →

Francis Albert – Dinar Guru   If I was on a game show, and had to, “had to” give an answer, I would say .86 open on Forex.  Well, I would not cash at that, as I believe it would move from there … Continue reading →

Kaperoni – Dinar Guru  The IMF refers to Multiple Currency Practice in Iraq or (MCP).  It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%.   …Iraq will … Continue reading →

Don961 – Dinar Guru  Article:  “Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen”   IMO…IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR… KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER … Continue reading →

Mountain Goat – Dinar Guru   So what do we do now as investors?  We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know … Continue reading →

Dinar Investor – Jeff   …the citizens are not going to tolerate this much longer.  There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied.  There’s absolutely nothing that … Continue reading →

Dinar Investor – Jeff  …complete the 2020 budget.  Then change the rate.  Then implement the demonstrators demands.  That’s how it has to happen.  That’s what they’re telling you factually within the news.  They have to do those steps…That’s where we’re … Continue reading →

Mountain Goat – Dinar Guru   If any banks decide to sell or buy the dinar this is not “trading” the dinar…it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this … Continue reading →

Mountain Goat – Dinar Guru    I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar…due to ongoing … Continue reading →

Chattels – Dinar Guru   Parliament reconvenes tomorrow. Be still my heart.

Kaperoni – Dinar Guru   …as long as the auctions exist, the CBI cannot substantially reduce the note count.

Dinar Investor – Jeff    …with Iraq they’re gonna have two currencies coexisting together.  So you’ll have a 25k note and a 25 note coexisting together.  They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth … Continue reading →