Author Archives: The Dinar Observer

Frank26 – Dinar Guru    …on TV they are saying the Iraqi government is implementing reforms…to attract investment.  To boost growth and infrastructure and wanting to create new jobs…they say this will change Iraq’s economy…They even showed a video on this…news saying over … Continue reading →

Mountain Goat – Dinar Guru   Article:  “NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM”   relax everyone. Mahdi is not going anywhere!

Mountain Goat – Dinar Guru   Article:  “ARTICLE 140 WILL BE ENFORCED”  IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum…Again I am telling everyone that Article 140 is required.  It is part of the new Iraqi … Continue reading →

Kaperoni – Dinar Guru  Article today says the CBI reserves are up to 72 billion.   

Mountain Goat – Dinar Guru   Articles:  “A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ“;  “APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW”  This … Continue reading →

Kaperoni – Dinar Guru   I find it funny that the guru’s talk about ATM machines as if they’re not working, and some mythical RV must happen for them to work. Wrong!  They’re fully operational right now and have been so for quite … Continue reading →

Mountain Goat – Dinar Guru   We still wait for the banking reforms to take hold. The CBI is still in the last phase of getting people on the credit and debit cards…The ATMs are up and working. They are distributing mostly … Continue reading →

Dinar Investor – Jeff   …If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods…the fastest … Continue reading →

Kaperoni – Dinar Guru   You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also … Continue reading →

Mountain Goat – Dinar Guru   We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This … Continue reading →

Dinar Investor – Jeff    The formation of the government…has everything to do with this and that’s what the delay is…the number one thing…you want to keep your eyes on is the formation of the government.  That’s what’s letting you know … Continue reading →

MilitiaMan – Dinar Guru  Article: “The Kurdish delegation’s visit to Baghdad will discuss the return of the region’s share of the budget to 17 percent”  So it looks like they are going to put this issue to bed finally!! I … Continue reading →

EHankins – Dinar Guru   Article:  “An Iraqi passenger arrested in Al-Shalamjah port in possession of 2.5 million dinars.”   In my opinion this person knows that the dinar is about to Skyrocket in price real soon …why take a trip now and pay … Continue reading →

Dinar Investor – Jeff    Regarding 800 numbers.  That’s all…nonsense…disregard them.  There are no 800 numbers.

Chattels – Dinar Guru    Abdel Mahdi is not going to be removed by Parliament, IMO. …What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows?  Arguably, displacement of the Prime Minister bespeaks continuing political … Continue reading →

Kaperoni – Dinar Guru  …There is no way the dinar can substantially revalue..especially at $3+.  Iraq simply has to much currency in circulation…It is simply impossible for such an event to occur.  An RV or RI even at 1 to $1 is … Continue reading →

Vital Brad – Dinar Guru   …So we heard Iraq’s going International.  They can use their currency in other countries.  We hadn’t heard anything on it yet…until now.  Union Bank of Iraq came out with information on their new pre-paid MasterCards.  “Employees … Continue reading →

Dinar Investor – Jeff    Do you still think it’s going to happen around September 21-22?  The answer to that is heck yeah.  The facts keep supporting that…The information and the facts is getting very predictable.  It’s scary how easy it is, for … Continue reading →

Mountain Goat – Dinar Guru   PROGRESS OF THE REINSTATMENT…the FIRST parliamentary session of the year was supposed to end at the end of June. We were all disappointed when we did not see the reinstatement when July arrived. Previously they told us … Continue reading →

Kaperoni – Dinar Guru  Usually when a currency comes out and floats it begins at whatever the rate is at the time of transition.

Dinar Investor – Jeff   …I’ve only shared one date projection: the weekend of September 21st 22nd…I want facts to lead you up to that date. I don’t want you relying 100% on my opinion…what I’m trying to share with you is…how … Continue reading →

Larrykn – Dinar Guru    [Anyone heard of an article from Union Bank of Iraq about salaries being deposited in the iraq citizens master cards…]  …everyone thinks because they are using the cards the rate change is here…its not. not till … Continue reading →

RVAlready – Dinar Guru   There is an article from Union Bank of Iraq, telling them they can have their salary deposited to the MasterCard… and withdraw it anywhere inside or outside Iraq. Whoopi!!!International!!!

Dinar Investor – Jeff  …remember…the formation of the government is the linchpin to the rate change.  Now they have told us in the news they plan to try on finishing the formation of the government during the month of September…  Now…accounting period … Continue reading →

Dinar Investor – Jeff    So now as we progress through the first half of the year…again they were not working on the formation of the government at all.  What they did January to the end of June was set the post … Continue reading →

Dinar Investor – Jeff   IMO…when you’re setting the stage for a big event you can’t have that big event until the stage is set…that’s really all what you are waiting on is for them to set the…stage & then it’s … Continue reading →

Kaperoni – Dinar Guru  People need to get over the idea of a “revaluation” of the Iraqi dinar.  It’s not happening.  Not how monetary policy works.  Just look at other emerging markets.  Iraq plans to include the significant increase in spending … Continue reading →

Chattels – Dinar Guru   [Do you believe it will happen one day?]  I am here because that is my belief.

Dinar Investor – Jeff    …Notice the corruption news didn’t really start until about mid July…suggesting to me that they started making their moves on the corruption most likely towards the beginning of July.  Yes we do need to see the corruption … Continue reading →

Dinar Investor – Jeff   Let’s talk about corruption, IMO…there’s no way that any type of legal authorities are going to give criminals the upper hand…they’re not going to come out and say we are going to file sanctions against you … Continue reading →