Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   We made it to September and still no reinstatement. However, we do know we are at the cusp of the launching of the second set of smaller categories, this time in coins. It is coming soon. … Continue reading →

Kaperoni – Dinar Guru   People want to associate me with some float theory. It’s not a theory it’s what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been … Continue reading →

Adam Montana – Dinar Guru   I think it’s more important to have a “big picture” mentality. If you adopt that, you’ll realize that the more news we are seeing about “Oil and Gas”, which is precisely the topic we want to hear … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Parliament holds its first legislative session after 10 Muharram”  Quote:  “Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such as oil and gas laws and the … Continue reading →

Kaperoni – Dinar Guru I still do not believe the CBI will make any monetary change until after the economic laws are in place and the budget is passed for 2020.  One thing I’m very certain is Article VIII is coming because … Continue reading →

Sandyf – Dinar Guru  […you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)]  It is effectively the … Continue reading →

Mountain Goat – Dinar Guru   Article:  “HOW MUCH CURRENCY IS ALLOWED UNDER NEW RULES TO ENTER AND EXIT IRAQ?”   Quote:  “One of the decisions stipulates that “the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited … Continue reading →

MilitiaMan – Dinar Guru  Question:  “I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD…ANSWER FROM TBI”  Answer: “you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in … Continue reading →

Mountain Goat – Dinar Guru   I have to tell everyone right now it appears that everything is on track to move ahead with the project to delete the zeros and launch the smaller category coins and maybe some notes too. We … Continue reading →

Dinar Investor – Jeff  …the UN is seeking to get Iraq ready to become International…the UN was just in Iraq back in July.  The UN is back in Iraq now…back in July…they were only there for the consultation.  They weren’t reviewing … Continue reading →

Kaperoni – Dinar Guru   Iraq is a risky country.  And most banks will not deal with the dinar even when they move to Article VIII.  At least initially anyway.  So for gurus to be talking about cashing in/rates/spreads it’s all nonsense … Continue reading →

Dinar Investor – Jeff   …keep in mind Iraq is still under UN Chapter 7 sanctions…Notice how the UN is back in Iraq over the last few days…Iraq is fulfilling its obligations to get out of Ch. 7 to become international.  … Continue reading →

Kaperoni – Dinar Guru   Some might look at this IMF directive as “old news” but it’s not.  These directives don’t change and take time to impliment.  And in the case with Iraq it took them 5-6 years to accomplish.  With of course … Continue reading →

Mountain Goat – Dinar Guru     5.  we find out that the currency reform is in FACT now part of the country wide reform package. Article Quote: “part of the currency restructuring plan and banks includes the creation of coins for trades. … Continue reading →

Mountain Goat – Dinar Guru    4.they are telling us the coins will be used in trade with other countries. Does this mean the currency auctions using only US dollars for trade will stop? It appears they will have to if this article is … Continue reading →

Mountain Goat – Dinar Guru   so this is one of the WOW articles we have been waiting for.  1. they just told us they passed the needed legislation in parliament needed by the CBI to get the coins re-minted and in … Continue reading →

Kaperoni – Dinar Guru    I do not believe Iraq would LOP or re-denominate the currency, the IMF certainly has not stated such and Iraq has demonstrated for several years a successful monetary policy including over the last year and a half where … Continue reading →

Mountain Goat – Dinar Guru   Article:  “RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS”   …here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament … Continue reading →

Kaperoni – Dinar Guru    I want to clear something up since I’m getting some fan mail..lol. I do not think it’s going to LOP.  What I am saying is if parliament has its way they will LOP the currency.  Lucky for us … Continue reading →

Sandyf – Dinar Guru   [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?]  There is no such thing as a “LOP” so there never would be any articles. The correct … Continue reading →

Dinar Investor – Jeff    …we are a lot closer than we’ve ever been.  I want to stress to you we’re definitely a lot closer…you’re not gonna see this in days.  At a minimum we’re at least 3 weeks out…I promise you … Continue reading →

Bloodloch – Dinar Guru    Does that mean we can divide the first into the second and get an exchange rate?  Nope. That’s just the velocity of money formula.  Does that mean if they stop the auctions and everyone inside Iraq’s borders must then … Continue reading →

Bloodloch – Dinar Guru   If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it’s going to float like a ballistic missile.  Am I worried that they … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY”   I especially like the heading of the article. … Continue reading →

Mountain Goat – Dinar Guru    The news for our investment could not get any better.  It is moving along just as I said it would when they were ready. They are now ready.  So far the educational process is right on target. … Continue reading →

Larrykn – Dinar Guru   you guys are really freaking out over this Lop thing, that won’t happen, they told us years ago what they had in mind and a lop was not it…they told us what they wanted to do. …I … Continue reading →

Adam Montana – Dinar Guru   [Question from newbie   – …if they delete the zeroes, then 1,000,000 IQD becomes 1,000 IQD, and if it RVs at 1:1 then an original investment of $850 +/- for 1,000,000 IQD becomes worth $1,000?]    More or … Continue reading →

Kaperoni – Dinar Guru  The odds are very high that they’re going to float as long as they continue to move forward developing a market economy, I also believe a LOP is unlikely but possible. An RV or RI has zero possibility … Continue reading →

Mountain Goat – Dinar Guru   Article:  “COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL – MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT ‘S QUEST TO RE-WORK COINS.”   …Remember …there will be strong opposition to … Continue reading →

Dinar Investor – Jeff   Article:  “Baghdad and Kurdistan agree on partnership in international conferences and meetings”  When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they’re strongly suggesting/indicating that the Kurds and Baghdad have reached … Continue reading →