Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   We know that when these last ministers are voted in this will complete the government. We have been told that the government must be completed and stable prior to any reinstatement. This has been a major requirement … Continue reading →

Kaperoni – Dinar Guru  …two articles…confirm the plan for the currency as we have said for years.  It will not RV or RI, but will gradually rise over time via float.  These articles are simply stating that the government is going to … Continue reading →

Larrykn – Dinar Guru    I don’t care how it comes out to be honest just come out…it would raise to how the investments come in.  I don’t think it would take forever to get to where we can make money.  I find … Continue reading →

MilitiaMan – Dinar Guru   …we are in a very good place within the place we are in now with MRs. Add in Mahdi is in Cairo with Jordan tomorrow… Egypt and Jordan are huge trading partners. Is Mahdi getting accolades, from … Continue reading →

Kaperoni – Dinar Guru   [Does pegging the American dollar to the dinar make the dinar go up in value faster ?]  When its pegged it can’t go anywhere.  The primary reason they do this is for stability which is a condition under IMF … Continue reading →

Breitling – Dinar Guru  Iraq needs the price per barrel to be at $57 to pay for their economy.  But to pull it out of the ground is much cheaper…they’re probably pulling it out of the group for $9 or $10 … Continue reading →

David M. Witty – Dinar Guru   Iraqi MP from Fatah Coalition says Parliament’s schedule for next week does not contain a vote on vacant cabinet positions. However, he thinks there will be a vote in the following week. Still disagreements among political … Continue reading →

Breitling – Dinar Guru  Question:  What do the Iraqi’s need to finish for it to revalue?  As far as legislation and policy absolutely nothing… I still don’t understand why they haven’t revalued or simply haven’t started adding value to it.  I don’t understand … Continue reading →

MilitiaMan – 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”  The wording “the change will” means … Continue reading →

Mountain Goat – Dinar Guru    Also I want to remind you that…parliament passed the law to allow more independency in the CBI, not that legally they don’t already have it. But when the GOI keeps holding them back, they needed … Continue reading →

Mountain Goat – Dinar Guru   I need everyone to take a deep breath and hold on to your seats. We…have one article in particular that is simply amazing and warrants getting the champagne back in the frig. It is one of … Continue reading →

Frank26 – Dinar Guru SOMETHING HAPPENED TODAY AND OUR NEWSHOUNDS ARE BRINGING IT TO YOU…IT IS VERY SIGNIFICANT.  Article:  “Parliamentary move to raise the price of the dinar and maintain the stability of inflation” Quotes:  “The Parliamentary Finance Committee is moving … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE PAPER AND METAL CURRENCY AFTER 2003, WHICH DID NOT SUCCEED IN TRADING AND WAS CANCELED”  I would consider this an early phase of educating the citizens about the currency. Remember that in 2015 coming close … Continue reading →

Mountain Goat – Dinar Guru   …when they think that the CBI has the adequate reserves (and other things) this will give the CBI sound reasoning to go for the reinstatement. In one of the articles today once again they told us they … Continue reading →

Mountain Goat – Dinar Guru   “WHENEVER A RESERVE OF HARD CURRENCY IS INCREASED IN THE STATE TREASURY, THE VALUE OF THE LOCAL CURRENCY RISES.”   WOW! Could this also be yet another reason why the CBI is waiting to RI? They need … Continue reading →

Don961 – Dinar Guru   Article:  “Al-Araji: Sadr may launch a project against the government of Abdul Mahdi and Abadi will return”   Quote:  “The political ground is ready for Sadr’s reform project,” he said, adding that “there is political and popular … Continue reading →

David M. Witty – Dinar Guru  In Iraq, source close to Muqtada Sadr says Sadr considers PM Abdel-Mahdi a failure & that his government will likely fall soon. Sadr is signalling this to political blocs. PM has done nothing. 

Mountain Goat – Dinar Guru   The news pouring out of Iraq now is all about Iranian influence and how it is negatively effecting Iraq and the currency reform process. When we see such a number of articles concentrating all on … Continue reading →

Mountain Goat – Dinar Guru   Article:  “COOPERATION OF AMERICAN COMPANIES TO ENTER IRAQ, ESPECIALLY IN FOUR PROVINCES” Quote: “This year will see a great opening and a clear renaissance in the country.”  This is all fine but how will the … Continue reading →

Larrykn – Dinar Guru    the pressure on the CBI is a good thing…they talk about opening the ATM machines to pay salaries and such.  If we look at the destruction that happen over there I believe they need more banks with … Continue reading →

Kaperoni – Dinar Guru  Folks need to understand, Iraq is not going to raise the value of their currency arbitrarily.  If it goes up in value it will be because the world helped Iraq rebuild and prosper.  New central bank article today … Continue reading →

Larrykn – Dinar Guru   they have raised their currency one time since they were put of the artificial rate that went from 3000 to 1200…they have floated with the dollar since then.  once they go into Art 8 and come out … Continue reading →

Chattels – Dinar Guru  [So,will the GOI be completed today?]  Parliament adjourned until the 23rd the last that I saw/read.

Kaperoni – Dinar Guru   …substantial investment will cause pressure on the CBI. This is why the CBI needs a tool to counter such. That tool is the a liberal exchange rate regime (float) to allow the gradual appreciation of the currency … Continue reading →

Kaperoni – Dinar Guru  Iraq needs to complete the government and parliament needs to pass the laws before it can open up to investors/investment.  Nobody coming otherwise.   [Can all of that be done in a short time?]   Sure if they decide to … Continue reading →

Adam Montana – Dinar Guru   Oil saw a nice upward spike yesterday. We’re not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction…I’m not saying … Continue reading →

Mountain Goat – Dinar Guru   So far, no voting in parliament on the last 4 ministers. Saturdays promised voting was not completed and postponed yet again. However no new date was confirmed or announce right away. Article quote:  “The candidate of … Continue reading →

Kaperoni – Dinar Guru    …an article that said they would not float the dinar…could be interpreted in two ways. 1. being they won’t float (which makes no sense because they then would not have the tool they need to counter inflation … Continue reading →

Mountain Goat – Dinar Guru    I can say that I have heard many rumors about the readiness for the launching of the new smaller category notes, however you would think that, if these rumors where true, we would see multiple … Continue reading →

EHankins – Dinar Guru  Education for and to the citizens on the Nasdaq billboard… this must not fail. This is a perfect opportunity for them to learn…they are IMO. WE KNOW THIS… have known this for a long long time.  … Continue reading →