Author Archives: The Dinar Observer

Sandyf – Dinar Guru   …no chatter on that imf consultation that happened the other day…The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published … Continue reading →

Enorrste – Dinar Guru   Question: …do you think this float may cause a meteoric rise in the value…it’s going to skyrocket in value quickly…?…The CBI has very cautiously moved step-by-step to get every single thing they can think of in place.  When … Continue reading →

Kaperoni – Dinar Guru  Question: …We would get people who would ask us about cashing out and what the next stage is and what should we do?  We don’t speculate on that…but what I can tell you is we are not … Continue reading →

Larrykn – Dinar Guru   Lots of news out there lately and I’m not one to do any type of predicting and won’t but I think the news coming out of the CBI is good for us, sooner or later Iraq … Continue reading →

Enorrste – Dinar Guru  …It’s like what happened in China when we allowed them into the WTO.  They went up to 12% growth.  That’s how China became a threat to us.  We made that happen.  Anyway, if they [Iraq] go to that … Continue reading →

Enorrste – Dinar Guru   Question:  8.1% – would that translate to very much inflationary pressure?  There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar.  The dinar is currently fixed in … Continue reading →

Kaperoni – Dinar Guru  Generally speaking…they [The CBI/Iraq} want price discovery.  They want the world to set the [dinar] rate. What they’re saying is ‘We are not going to change the value of our currency until investors come in and say … Continue reading →

Kaperoni – Dinar Guru   A company called SAP announced a few weeks ago that they are…opening an office in Baghdad.  One of the things they say in the article is “the real GDP growth in Iraq is expected to double by … Continue reading →

Adam Montana – Dinar Guru    Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country.   Article quote:  “This agenda has been developed … Continue reading →

Enorrste – Dinar Guru  [The Liberalization of prices is the most important implication in the market economy…]. I can’t help but believe that means floating the currency.  You can’t liberalize the price without changing the value…I don’t know why he didn’t … Continue reading →

Kaperoni – Dinar Guru  Anyone who says nothing is happening in Iraq or there’s no progress is really missing the boat because these types of things that may not be effecting us yet are major accomplishments.  Remember post war Iraq … Continue reading →

Kaperoni – Dinar Guru    It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement…that’s been a problem over the years where the currency went out of … Continue reading →

Randy Koonce – Dinar Guru    THE RATE IS THE ONLY THING THAT YOU ARE WAITING FOR.  Remember: This is a POLITICAL football, so it is possible there could always be another unforeseen ‘time out’.  It is not that our information was bad; … Continue reading →

Randy Koonce – Dinar Guru    I want you to know there is nothing left for Iraq to do to prepare for a rate change. They have been ready since December of Last Year. As in 2018. January started the political football game. There were … Continue reading →

Randy Koonce – Dinar Guru   …there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way … Continue reading →

Enorrste – Dinar Guru   …I think the answer is clear.  They want to make Iraq one of the most powerful currencies in the world.  They want to make it a world reserve currency.  They announced that some time ago.  8 years … Continue reading →

Enorrste – Dinar Guru   I don’t think we can underestimate the role of the IMF in all of this.  They stated two years ago they were going to become the trustee of the Central Bank of Iraq.  When you’re the trustee … Continue reading →

Mountain Goat – Dinar Guru   Article:  “DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK”  Quote:  “THE OFFICIAL STRESSED THAT THE GOVERNMENT … Continue reading →

Kaperoni – Dinar Guru   The gurus like to constantly state an increase in the value of the dinar will be some random overnight act.  That will never happen.  If the Iraqi dinar increases in value it will be based … Continue reading →

Enorrste – Dinar Guru   …They are not just hoping for a floating dinar, they are counting on it.  The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent.  Only with a strong … Continue reading →

Enorrste – Dinar Guru    Haven’t had anything to say for a while but now we’re getting close so let’s get into it….[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars … Continue reading →

Kaperoni – Dinar Guru    …We’re all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies.  There is no arbitrary revaluation or reinstatement.  The terms the gurus like to use … Continue reading →

Kaperoni – Dinar Guru   [via Baxter]    …the Article 4 consultation report… is to be released yet this Month…and that should tell us more about where Iraq is at this point.

Sandyf – Dinar Guru   …If we are to gain from this venture then it is not going to come from anything Iraq does.    How can people talk about Dinar and Dong in the same breath and then think the answer lies with … Continue reading →

Don961 – Dinar Guru   Article:  “Paying with plastic? Iraqis weigh pros and cons” Quote:  “In Iraq’s cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops … Continue reading →

Sandyf – Dinar Guru  …Govt does not Drop the zeros…CBI does…Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval.  Deletion of the 3 zeros in … Continue reading →

Kaperoni – Dinar Guru   [77% of the world’s transaction revenue touches an SAP system! They are HUGE!  They…wouldn’t set up shop in Iraq for fun! …They have seen the potential & want to get in on the ground floor!]   Yes!  It’s … Continue reading →

Delta – Dinar Guru   [What if the central bank stopped selling the dollar?]  Article quote: “It may be necessary to resort to other mechanisms that are quite different from what is currently being used.”  WHAT’S NEXT?  …DETERMINE THE PRICE GLOBALLY…

DELTA – Dinar Guru    Article quote:  “The file of the “auction of hard currency” in Iraq to the forefront after the comments of deputies in parliament, demanding the Prime Minister and the Supreme Judicial Council and the public prosecution in … Continue reading →

Chattels – Dinar Guru   Article:  “Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi”   Quote:  “The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi … Continue reading →