Author Archives: The Dinar Observer
Future
Future – Dinar Guru …Iraq has said the notes [3 zero notes & lower denominations] would CO exist…iraq has no hyper inflation…they have kept inflation at bay for years…so…Iraq and Iran arent the same…there are different types of scenarios with redenominations that pertain … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru [I read that an interm CBI head has been appointed but not fully confirmed…] new CBI director is confirmed and ratified last Thursday by parliament. Effective Sept 1st when Alaq leaves. They are transitioning now until … Continue reading
Kaperoni
Kaperoni – Dinar Guru …Iraq is planning…a market economy, stock market and private sector…investment will fuel the growth of Iraq and allow Iraq to prosper. What can happen is Iraq will transition to a market economy, create a private sector and achieve … Continue reading
Jeff
Dinar Investor – Jeff I told you that they have some key laws…3 laws…Article 140, HCL and the Federal Court Act… that can only happen after the rate change…Article 140…has been on the books and ready to go since 2005… … Continue reading
Jeff
Dinar Investor – Jeff Article quote: “…noting that the House of Representatives is determined to enact the outstanding laws 15 years ago, the most important oil and gas and the Federal Court…” The article tells you that these laws are … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru First what did the Parliament tell us way back in March 2019 about the dinar? I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM TOWARDS CHANGING THE FISCAL AND … Continue reading
Jeff
Dinar Investor – Jeff This is not my opinion. This is fact…what they’re gonna do is yes they’ll delete the zeros to replace larger notes with smaller notes and coins. What they’re gonna do is increase the exchange rate just as … Continue reading
Jeff
Dinar Investor – Jeff Delete the zeros can mean one of two things…It’s based on a country’s economy and where their economy and where their inflation is at…some countries…had a poor economy with high inflation. So what they would do is replace … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru “CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO” …so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks … Continue reading
Kaperoni
Kaperoni – Dinar Guru …people…won’t take the time to read what MCP is. It MCP has nothing to do with multiple currencies. It has to do with selling rates for spot exchange transactions between the member’s currency and any other member’s … Continue reading
Kaperoni
Kaperoni – Dinar Guru …about Article VIII. If and when Iraq is ready, the IMF will hold a meeting and a press release will come. They are not in Article VIII right now…
Adam Montana
Adam Montana – Dinar Guru … now is probably a good time to throw out a couple friendly Public Service Announcements… my friends, be SAFE and SMART when this happens! 1. Don’t hand your currencies to anyone outside of a financial institution … Continue reading
Jeff
Dinar Investor – Jeff We have seen more articles…since the beginning of July putting emphasis on both Article 140 and the HCL. This is huge. Both of these items have to do with post rate change…both of these steps cannot take … Continue reading
Jeff
Dinar Investor – Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized…that’s what they … Continue reading
Jeff
Dinar Investor – Jeff What’s taking so long…why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government…that’s because the Central Bank directly has told us that they delayed this entire … Continue reading
Kaperoni
Kaperoni – Dinar Guru MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate … Continue reading
Breitling
Breitling – Dinar Guru Question “There appears there will be a new governor of the CBI. Is that good, bad or indifferent?” It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister … Continue reading
Chattels
Chattels – Dinar Guru Article “The central bank sells more than $ 229 million at a currency auction Thursday 01 August”…Contrary to Breitling, the auction(s) in Iraq have actually been a bit ” higher ” in volume…
Jeff
Dinar Investor – Jeff …The #1 thing we are waiting on is for them to have a completed government…that’s political stability…So that’s part of the 10-1, Q4 [Oct. 1 st, Fourth Quarter]…the amended 2019 budget starting 10-1, Q4, they have a … Continue reading
Jeff
Dinar Investor – Jeff …since the beginning of July you have seen tons of articles about Article 140 & the HCL… All of that is post rate change & cannot be implemented or added to the constitution until the very end until … Continue reading
Jeff
Dinar Investor – Jeff The intel I’m going to share is probably just about 100% accurate…It’s going to paint a pretty good picture of where we stand… Everything that gives the citizens an improved better life is inside the 2019 budget … Continue reading
G-Lin
G-Lin – Dinar Guru What I do know is the IMF pounced pretty hard on Iraq in this latest consultation. The corruption must be dealt with and the unrest with the Iran situation is worrisome to say the least. IMF has a hard time … Continue reading
G-Lin
G-Lin – Dinar Guru Well it is clear that a general census will need to be conducted and a permanent constitution must be ratified. I have always felt that the census needed to be in place in order for Art. … Continue reading
Breitling
Breitling – Dinar Guru Question – “I understand Iraq slowed the currency auctions down does that effect their currency in any way and put pressure on the revalue?” Absolutely it does. And I don’t think it’s a coincidence that they’ve slowed the … Continue reading
Adam Montana
Adam Montana – Dinar Guru There’s a lot of talk right now from the gurusphere… Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII…The interesting thing about all this new Guru stuff out there? They are actually on … Continue reading
Adam Montana
Adam Montana – Dinar Guru [They’ve come a long way since their 1st election in 2005…they still have a long road ahead. Recent developments will help smooth out some of the rougher bumps in the road.] I think thy have a … Continue reading
Jeff
Jeff – Dinar Investor …I’ve got an article showing…how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas…So this is just more proof showing you were at the end of the ride… … Continue reading
Jeff
Jeff – Dinar Investor …The reconstruction from the war has been outstanding for over 1 1/2 yrs. …because they can only use 1 currency to pay for it…the dinar. The reason they have not pushed forward & restarted reconstruction is simply … Continue reading
Jeff
Jeff – Dinar Investor …Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines … Continue reading