Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   Article: “IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ”   this also is WOW news!  This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So … Continue reading →

Breitling – Dinar Guru    …Trump is bitching about the Federal Reserve.  Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another…Trump is like, ‘Hey, we need to do that too or we’re … Continue reading →

Kaperoni – Dinar Guru    Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros.  That’s a Lop because of failed monetary policy.  Iraq is different because monetary policy has been a success in Iraq.

Breitling – Dinar Guru    [Question…”…it would seem Trump will be in office until 2024…how does that effect our situation with the dinar?”]  …The reason why it’s a good place for Iraq right now is because what’s on the table…Trump’s style … Continue reading →

Vital Brad – Dinar Guru  …there’s certain stipulations that need to be completed for them to reinstate their currency.  Information I got here says, ‘Iraq continues to avail itself of the transitional arrangements under article 14 section 2 but no longer maintains … Continue reading →

Mountain Goat – Dinar Guru   As we exit July, we still do not see any reinstatement of the Iraq currency. But we know it is very close at hand and I believe maybe even being held up for some reason now.

Vital Brad – Dinar Guru    …with the article that came out saying they’re ready to implement article 140…They’re saying they’re ready to pay back citizens. They’re ready to pay back for lost property, lost wages, lost opportunity.  Where’s the … Continue reading →

Kaperoni – Dinar Guru   An article…stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment.  In order for this to … Continue reading →

Kaperoni – Dinar Guru  Parliament is in the process of preparing the 2020 budget. Described in the media as “the budget will be different directions next year to represent the government’s economic openness to investment and increase financial resources alternative to … Continue reading →

Kaperoni – Dinar Guru    Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this.  Investors want to be able to get their profits out of … Continue reading →

RVAlready – Dinar Guru    Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.

Kaperoni – Dinar Guru   The once [one?] restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation. It does … Continue reading →

EHankins – Dinar Guru​  Iraq is article 8… They have practiced it for nearly a year now. there is no fear they just need to speak it into the world…

Future – Dinar Guru   “Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices…”    …tells us Iraq restrictions have been removed…its time for the transition to … Continue reading →

Kaperoni – Dinar Guru   …Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.

Mountain Goat – Dinar Guru    Article:  “REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ’S CENTRAL BANK OVER THE PAST YEARS”    So ending this issue of corruption is not as simple as some…tell you…they say, just RV, and the auctions go away … Continue reading →

Delta – Dinar Guru   FROM IMF REPORT:  “Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one … Continue reading →

Chattels – Dinar Guru  Article: “IMF Executive Board Concludes 2019 Article IV Consultation with Iraq”  Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and … Continue reading →

Delta – Dinar Guru  NOT OFFICIAL YET……. PARLIAMENT HAVE TO APPROVE HIM [New CBI Governor] FIRST….. ALAQ IS STILL IN UNTIL THEN…

Michael Cottrell – Guest Guru   [People want to know if you feel we are close to the reset and the revaluation?]    I hadn’t seen any progress in 15 years…since Trump got into office I have seen a tremendous amount … Continue reading →

Larrykn – Dinar Guru   I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to … Continue reading →

Mountain Goat – Dinar Guru    The FACT is that parliament is NOT going to let the CBI run itself and function totally independent with all the corruption going on within it.  This is a simple FACT…They already passed the “Financial Management … Continue reading →

Kaperoni – Dinar Guru    This is not speculation.  If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send … Continue reading →

Kaperoni – Dinar Guru    [Question:  Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?]  …They are not necessarily “invited” but they are in Article XIV…a … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES”  If they were not going to relist (reinstate) the Iraqi dinar on FOREX then why …would … Continue reading →

Kaperoni – Dinar Guru  The rate has not moved…its pegged to the dollar.  Monitoring any kind of Forex or other service is a waste of time because it’s just reflecting the dollar strengthening or weakening…the only official site for the dinar is … Continue reading →

Adam Montana – Dinar Guru    Iraq is currently in the final stages of preparation to return to their previous status in the world.  They are not a country that has been in poverty for centuries…they are barely over a decade into … Continue reading →

Adam Montana – Dinar Guru   Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world.  Iraq has, in the past, operated on budgets and status … Continue reading →

Kaperoni – Dinar Guru …I think it’s funny nobody ever knew what Article VIII was until me and Enorrste started talking about this seven or eight years ago…What Article VIII is an international standard that the IMF has created…All the central … Continue reading →

Kaperoni – Dinar Guru   …This [International Monetary Fund] article IV consultation that took place just a couple of months ago is being created now and printed.  My understanding is it said July in the press release.  This is a significant item … Continue reading →