Author Archives: The Dinar Observer

Larrykn – Dinar Guru    […do you guys know when they will finish the remaining 4 cabinets?]    …parliament meets tomorrow , we shall see what happens then.

Larrykn – Dinar Guru   Article quote: “Breaking   The IMIS candidate for the interior ministry in Adil Abdel al-Mahdi’s cabinet, Falih al-Fayyadh has officially withdrawn his candidacy bid…”  this might open the door to complete the cabinet.

Kaperoni – Dinar Guru   There are two ways to interpret what the CBI is talking about when they mention “deletion of zeros. It may be honest and part of the plan (when they interpretation of what they really mean applies) or … Continue reading →

Kaperoni – Dinar Guru   As for how fast the dinar could rise…just look back at 2004-2005 when the CBI  under Dr. Shabibi unpegged for about 6 months and reduced inflation from about 33% to 5% or less raising the dinar exchange rate … Continue reading →

Kaperoni – Dinar Guru   Many think the dinar could never free float and must be some sort of manage float. They may be right!   I …do not really care what type of float it is other than that is how monetary … Continue reading →

Larrykn – Dinar Guru   I think that fact that they are opening the ATM, is good, I think they can reduce the note count when they pay salaries thru the ATM and use the visa cards. 

Mountain Goat – Dinar Guru   So the parliamentary session was held on Saturday. The big question is – Did they vote on the remaining 4 ministers?  NO voting was conducted as promised would happen. Go figure…This is very important because we know … Continue reading →

Larrykn – Dinar Guru      Article:  “The Cabinet issued a directive for international institutions and funding on borrowing”  This sounds like they are trying to get a handle of corruption, no loans without their approval…if they don’t…we don’t see what we … Continue reading →

Larrykn – Dinar Guru  There were articles back in 2013 that Iraq was testing rates around $1.13 to 1. 20. Why would they do that if they were going to start at 1190?

MilitiaMan – Dinar Guru   …Then…the Launch of the electronic signature next week. Well that is for speed and security in the movement of capital. Safe, secure and fast. So what we are seeing is the advance stage of implementation of the … Continue reading →

MilitiaMan – Dinar Guru  Articles:   “NASDAQ in New York City to raise the name and logo of the Iraqi market for securities“;   “Communications: Launch of electronic signature next week”   The above data is effectively telling us a few things. Firstly they appear … Continue reading →

Mountain Goat – Dinar Guru   I…heard some ridiculous chatter about a LOP…If there was going to be LOP they would have already done it and not be sending out countless articles on the project to delete the zeros and valuation … Continue reading →

Mountain Goat – Dinar Guru   There was a recent news article stating that 80% of all Iraqis still do not have electronic banking and bank accounts. …this simply is NOT the case. If this was the case the CBI could not … Continue reading →

Mountain Goat – Dinar Guru   The news today is all about the upcoming expectations to vote on the remaining last four ministers. We have to remember that a long-standing condition to reinstate the currency of Iraq is to have a “fully” formed … Continue reading →

Adam Montana – Dinar Guru   This is a topic we’ve been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said “Planned reduction in oil production to … Continue reading →

Adam Montana – Dinar Guru    This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news.  There’s a good reason for this. Oil has been pretty flat, just like the news … Continue reading →

Mountain Goat – Dinar Guru   They are not raising the rate (NO REVALUATION). …They are going to reinstate the dinar and must first complete the project to delete the zeros. A result of this process will be an increased new rate … Continue reading →

Mountain Goat – Dinar Guru   [GOI has nothing to do with raising the rate…it is a total CBI decision.]  Oh yes they do…I presented about 6 articles already from the Iraqi news media from members of the parliament, cabinet and economists … Continue reading →

Larrykn – Dinar Guru   they seem to be going in the right direction, I can’t wait to see what happens when Parliament meets.

Kaperoni – Dinar Guru   If you believe monetary policy is based on sound logic and principals then you know the dinar can never arbitrarily revalue.   It is my belief the CBI plans to gradually raise the value of the dinar as … Continue reading →

David M. Witty – Dinar Guru   Iraqi PM Abdel-Mahdi confirms the need for continued US-Iraqi cooperation to defeat…  US President: we will spend $3 billion to develop Ein al-Asad base in Anbar Province, Iraq, to ensure final defeat of terrorism. We … Continue reading →

Larrykn – Dinar Guru   Looks like they are working on the corruption over in Iraq, this is good news…What I’ve been reading is showing they are working on corruption and security these are two of the main things they need … Continue reading →

Kaperoni – Dinar Guru   A couple of good reads the last few days…WTO News as Iraq inches closer to full accession.  A critical part to this puzzle.

Larrykn – Dinar Guru   Article:  “Iraq deploys 20,000 personnel in Anbar to watch borders with Syria:”  IMO this is the reason why the US should not leave Iraq, Isis has lost in Syria and is heading back into Iraq, they don’t want … Continue reading →

MilitiaMan – Dinar Guru   Internationalism…Can’t hide it now… The Cat is out of the bag… Even the Governors of the Provinces and the Religious Authority is calling for distribution of the Iraqi wealth and now we see Citi Bank able to do … Continue reading →

Kaperoni – Dinar Guru    So as we enter March there still is no RV or RI …Why?  Because there will never be a an overnight event.  Monetary policy does not work that way.  This is a process and as investment comes into Iraq the dinar … Continue reading →

MilitiaMan – Dinar Guru   Internationalism…Can’t hide it now… The Cat is out of the bag… Even the Governors of the Provinces and the Religious Authority is calling for distribution of the Iraqi wealth and now we see Citi Bank able to do … Continue reading →

BobTheTaxMan  if you show a huge amount of charitable contributions that actually exceed your income it’s going to get audited.  You can plan on it…good tax planning always has good records.  As long as you are compliant with the rules … Continue reading →

BobTheTaxMan …If you made over a certain amount of money you did not get to use Schedule A.  Period.  That got taken out for 2018.  There are no limits…Now charitable contributions: have been in the 30% to 50% allowable depending … Continue reading →

Randy Koonce – Dinar Guru    Based on the information I have been able to get, we could see it as soon as this weekend, but hopefully no later than the 3rd week in March. That is our latest, and hopefully the … Continue reading →