Author Archives: The Dinar Observer

tman23 – Dinar Guru   …coming September 25th there will be a NEW CBI GOVERNOR… This is a FACT!   So yes its stewing…but will the do it for the second quarter or wait until they seat the new CBI governor and roll … Continue reading →

Mountain Goat – Dinar Guru   Article:  “PARLIAMENT WILL VOTE NEXT TWO WEEKS ON INDUSTRIAL CITIES LAW”  Quote:  “…this law is important and it is necessary to be resolved during this stage in order to provide the appropriate environment in the … Continue reading →

Mountain Goat – Dinar Guru   The news today is mostly all about getting investors in Iraq. They know they need to kickstart their economy somehow but can’t just seem to be able to do it with any level of success. But … Continue reading →

tman23 – Dinar Guru  …The news I have is follows…May 6 is Ramada…on that date what I have known for past week or so is that there is a HUGE DEAL between US and China for $$$ and that appears to … Continue reading →

Kaperoni – Dinar Guru   [The new CBI bank being built makes me think they need a world tradable dinar to go along with that Big Fancy Bank!]  For sure. Article VIII is coming.

Mountain Goat – Dinar Guru   …The Iraqi Central Bank determines the reinstatement timing not the banks…The bank screen with rates have very little to do with the process other than they are at the VERY last point in the food … Continue reading →

MilitiaMan – Dinar Guru  Article:  “US agency: Baghdad Tehran to negotiate the purchase of natural gas in Iraqi dinars”   It looks like the work in progress is heating up since late last year.  Now that Iraq and Iran must make a deal … Continue reading →

Delta – Dinar Guru   URGENT FROM IRAQI TV:   US AGENCY…BAGHDAD NEGOTIATE TEHRAN TO BUY NATURAL GAS IN IRAQI DINARS…

Kaperoni – Dinar Guru   [Isn’t the present PM much more reluctant to do this?…]  No I believe Mahdi is very pro reform. He once wrote article on the dinar appreciation years ago…maybe 2010ish.

Mountain Goat – Dinar Guru   Article:  “PARLIAMENT WILL VOTE NEXT TWO WEEKS ON INDUSTRIAL CITIES LAW”  Quote:  “…this law is important and it is necessary to be resolved during this stage in order to provide the appropriate environment in the … Continue reading →

Mountain Goat – Dinar Guru   The news today is mostly all about getting investors in Iraq. They know they need to kickstart their economy somehow but can’t just seem to be able to do it with any level of success. But … Continue reading →

Mountain Goat – Dinar Guru    We wait for the CBI to make the next move and launch the other needed smaller categories. This is when we go to the bank. They will have to raise the RATE (of exchange).Note I did not … Continue reading →

Mountain Goat – Dinar Guru   Iraq has been sucking in these large 3 zero  notes “unofficially” when they went to electronic payment system. By means of not redistributing these 3 zero notes over and over again during payrolls, they essentially were … Continue reading →

Chattels – Dinar Guru  There is no transparency in Iraq or about any revaluation of it’s currency.  If the dinar is to have any sudden increase in value then we will not be told in advance and no one reading the news … Continue reading →

Larrykn – Dinar Guru   Boy with all these articles coming out about stability I see Iraq moving again in the right direction.  I see a lot more they need to get done but they are moving in the right direction.  I … Continue reading →

Adam Montana – Dinar Guru   The two largest borders are Iran and Saudi Arabia.  Both countries present opportunities for oil delivery… in order to sell their oil, they must deliver it. In order to deliver the oil, it must get … Continue reading →

Adam Montana – Dinar Guru   …one quick clarification – earlier this week I said PM Abadi was in Saudi Arabia on business. Obviously this was a mistake, as the current Prime Minister of Iraq is no longer Abadi. Nonetheless! The actual … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “The Central Bank of Iraq (CBE) launched a branch of the Basra branch on Thursday to develop a window from the issue division to provide small groups of 250, 500 and 1,000 dinars.”   This is … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Central Bank Basra branch introduces a window to provide small cash categories”   Quote:  “The Central Bank of Iraq (CBE) launched a branch of the Basra branch on Thursday to develop a window from the issue division to provide … Continue reading →

Mountain Goat – Dinar Guru   Article: “MINISTRY OF INDUSTRY AND MINERALS CALLS ON GOVT TO STOP SELLING THE DOLLAR AT THE CENTRAL BANK AUCTION”  This is the first time recently that anyone from Iraq has come out and spoken to … Continue reading →

Adam Montana – Dinar Guru   Iran and Iraq are friendlier than I like, but that’s an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large … Continue reading →

Adam Montana – Dinar Guru   There was a bit of suspense regarding Iraqi Parliamentary activity today. The Financial Management aspect was pushed off, but I don’t see that as a major factor. The other 5 matters were attended to, from what … Continue reading →

Chattels – Dinar Guru  Article “Iraq’s central bank announced on Tuesday that Iraq’s foreign currency reserves rose to $ 62 billion. “The bank’s foreign exchange reserve rose from $ 40 billion to $ 62 billion,” said Central Bank of Payments director … Continue reading →

Kaperoni – Dinar Guru …The government needs to…make significant strides towards stopping bribes, payoffs, money laundering and theft.  CBI still as far as I know has not implemented Deposit Insurance. Thesafeguard is an absolute must for investors to bring their money to … Continue reading →

Kaperoni – Dinar Guru   Most people that follow me know what we’re waiting on before will start to see any activity as far as the currency rising in value. But for those that don’t know I’ll recap a few of them…It … Continue reading →

Sunkissed – Dinar Guru  This is a very BIG article when you break it down for us: 1. settlement of salaries of employees in the public and private sectors 2. integration of Iraq in the global economy 3. increasing geographical spread … Continue reading →

Sunkissed – Dinar Guru    Article:  “76.89 trillion dinars value of deposits in commercial banks” WOW!!!…HUGE HUGE statement:   “…in addition to Iraq rid of the financial crisis that hit in 2014”   They are saying here that they have overcome their financial … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The stock market continues its high rise”  Quote:   “The number of shares traded 1,1 billion shares valued at 820.5 million dinars”  The volume has been increasing since ealier last week. A good sign confidence is gaining … Continue reading →

Kaperoni – Dinar Guru    The dinar can never RV…The dinar will float, and will rise gradually over time as investment come to Iraq…not overnight.  Be patient.   …several good banking articles today including one from the IMF talking about the agreement they … Continue reading →

Whitelions – Dinar Guru   Iraq assures the International Monetary Fund (IMF) that it is adopting a new policy to diversify its sources of income.