Author Archives: The Dinar Observer

Adam Montana – Dinar Guru   There will never be an absolute perfect set of circumstances under which Iraq “can” or “should” or “must” change the value of their currency.  I see a fair amount of comments from people stating something … Continue reading →

Adam Montana – Dinar Guru   Article:  “Oil and gas laws: a crux of Erbil-Baghdad tension”  Back in the forefront of ReValuation (RV) news…HCL. We’ve made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although … Continue reading →

Mountain Goat – Dinar Guru   Article:  “WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?”    …another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end … Continue reading →

Mountain Goat – Dinar Guru   …Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today…does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even … Continue reading →

Mountain Goat – Dinar Guru    …my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition … Continue reading →

Mountain Goat – Dinar Guru   …why would parliament form a separate finance committee…just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented.  It … Continue reading →

Mountain Goat – Dinar Guru   Many of you still ask me about 800#s…You ask if all of this is really going to happen? I have said it before and I am saying it again. There are already 800#s published. The … Continue reading →

Chattels – Dinar Guru  Article:  “Distribution of the instruments of Article 140 on Kurdish families” The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a … Continue reading →

Sandyf – Dinar Guru   People should note that Iraq was effectively removed from UN Chapter 7 in 2013 when the Kuwait missing persons issue was transferred to Chapter 6.  Quote:  “the United Nations Security Council decided on 29 June to address … Continue reading →

MilitiaMan – Dinar Guru   As at this stage…I don’t think we have ever been in such a good place as we see now from what they CBI is telling us.  They clearly state the positive effects of the reduction in the … Continue reading →

MilitiaMan – Dinar Guru   Article quotes:   “…the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy…”;  “…there were comments from the audience and views and proposals on … Continue reading →

Chattels – Dinar Guru  “The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest “, Lutes said…”  “We know that Iraq and the Kurdistan Region of Iraq are … Continue reading →

Mountain Goat – Dinar Guru  Article:   “AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st.”   …look at his deadline date – Oct 1st.

Mountain Goat – Dinar Guru   Article:  “CBI ENCOURAGES BANKS IRAQ TO DEPLOY ELECTRONIC PAYMENT TOOLS REPRESENTED BY ATM AND POS”  Note this article DOES NOT say that the lower denominations (1, 5,10,25,100,.25, .50, etc..) are now available in the ATMs.

Mountain Goat – Dinar Guru    Article quote:  “…the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII.”  …this is BIG…We just learned that Iraq is not “fully” out of … Continue reading →

…A portion of the letter that John Adams wrote to his wife, Abigail, regarding Independence Day, on this date, 243 years ago. “I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival. … Continue reading →

Sandyf – Dinar Guru    The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized.  This move would … Continue reading →

Adam Montana – Dinar Guru   I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts.  But they … Continue reading →

Adam Montana – Dinar Guru    Iraq is noted as the second largest producer… wait, what? We’re talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2… yet the currency they use is currently … Continue reading →

Adam Montana – Dinar Guru   Interesting times right now. GOI members are playing very nicely… The G20 didn’t produce any immediately exciting news that I’ve ran across, but it didn’t bring us anything bad either. Back in the news, and worth … Continue reading →

Mountain Goat – Dinar Guru   The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.

Mountain Goat – Dinar Guru  Article:  “LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS“  So any new international credit/debit card will need FOREX to find the rate first when converting to the country’s currency … Continue reading →

Mountain Goat – Dinar Guru   Article:   “PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION” Quote:   “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN CURRENCIES while maintaining the stability of inflation in … Continue reading →

Iraqi prime minister under more pressure to deliver reforms Now, Abdul-Mahdi, in office for only eight months, is facing the threat of being toppled even before his term is over. LONDON – Iraqi Prime Minister Adel Abdul-Mahdi is under increasing … Continue reading →

Tman23 – Dinar Guru  …I posted month or so ago about replacing the CBI governor…that doesn’t come until September 28th so ignore all the other chatter… I told you this was happening month ago and now you are seeing it in … Continue reading →

Larrykn – Dinar Guru  …Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could … Continue reading →

Tman23 – Dinar Guru  …couple days to July 1 G20 in Japan where the issd board meets and sets precedence …Sept 28 2011 is when Abadi as the chairman of finance committee made an announcement that the 3 zeros were set … Continue reading →

G-Lin – Dinar Guru    …The IMF Art. IV report is due out in July. It should give some good info.

Mountain Goat – Dinar Guru   So parliament is now into their 2nd legislative term. Didn’t they tell us they wanted to complete the project to delete the zeros during the current or 1st legislative term? Here we sit with still no reinstatement. But … Continue reading →

*** Dinar Newsflash ***  PM Mahdi sent a new name for the Minister of Education to be voted on by parliament .  Unfortunately, this person was denied.  This means the government is still not officially formed.  What’s not completely clear at this … Continue reading →