Author Archives: The Dinar Observer

Adam Montana – Dinar Guru   [With all that has happened they surely “can” RV and I as everyone want them to.  However, what will make them want to do it now vs a month, or say 6 Months from now?  … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Published the text of the Budget Law 2019 after the ratification of the President of the Republic”  Well, imo every citizen in Iraq, including the politicians are looking for the public announcement now on the results … Continue reading →

Adam Montana – Dinar Guru   If you’re not already squirming, let me tell you – this is awesome news. A happy GOI is a GOI that we can get behind, because it’s one that is more likely to RV. And this … Continue reading →

Kaperoni – Dinar Guru   Huge juice this morning…the US Treasury acknowledges they are ready to support Iraq and Kurdistan in promoting a market economy.   This announcement is probably the best news that Iraq is ready to open up to the … Continue reading →

Adam Montana – Dinar Guru   …the stars are lining up very nicely right now.  …First, the budget was submitted, signed, and looks like it will be passed, with a HUGE keynote – a significantly acceptable portion of the budget going to … Continue reading →

Kaperoni – Dinar Guru   So the 2019 budget was signed into law today…those hoping for a RV or some other overnight change in value as a result will be disappointed.  Not how it works…

Adam Montana – Dinar Guru  Article:  “The President of the Republic approves the Federal Budget Law”  [Hope it doesn’t take 2 weeks to get published in the gazette…]  …the timing of this publication will be very important…

MilitiaMan – Dinar Guru   Article:  “Central Bank: We bought 20 trillion treasury transfers to move the market”  Quote: “With the increasing confidence of international banks in the Central Bank of Iraq and the lifting of restrictions and barriers”  I really do think … Continue reading →

Dinar News Update –  The 2019 Iraqi Budget was officially signed into LAW on Monday. Article: “The budget for Iraq for Fiscal Year 2019 officially became law on Monday with the signature of Iraqi President Barham Salih.”  This is a milestone that … Continue reading →

Kirk H. Sowell – Noted Author   So after a long delay, today [Monday] Iraqi President…signs the 2019 budget into law. The delay was due to parliament wanting to make amendments to the budget after it was “passed” on Jan. 24. They just … Continue reading →

RVAlready – Dinar Guru   About the only thing Trump has ever said is that prosperity is coming. Just as Bill Clinton never mentioned Kuwait in public, I doubt that Trump will ever mention The Iraq RV in public….. There are …people … Continue reading →

Mountain Goat – Dinar Guru   I do find is weird how the CBI has NOT given us an update on the “project to delete the zeros” for over three months. They normally give us an update each month. So we … Continue reading →

Mountain Goat – Dinar Guru   …It is like we are in a holding pattern, ready for takeoff but just not yet. The CBI has not given any indication whatsoever of targeting a reinstatement this week or any day soon. But we … Continue reading →

Adam Montana – Dinar Guru   …I’ve been on hold all week regarding this HCL news.  It hasn’t fallen through, and that means it’s possibly going through…With any luck, this HCL news is going to materialize…Fingers crossed!

MilitiaMan – Dinar Guru  Articles:  “ASSOCIATION OF EXCHANGE COMPANIES IN IRAQ ASPIRATIONS AND CHALLENGES”; “The House of Representatives sends the Budget Law to the Presidency for approval”   Tomorrow is the beginning of the week.. The money ex-changers are going to need … Continue reading →

Mountain Goat – Dinar Guru   [I’m still confused how/why they tried to RI without the gas law and the full government seated, as you have stated several times we need?]   HCL is in parts. Most of it already passed but not implemented … Continue reading →

Adam Montana – Dinar Guru   Question: Is Iraq going to “lop”?  Iraq has already made strong progress in rebuilding and obtaining international credit. They do not have an emergency situation, like Zimbabwe or Venezuela. In fact, Iraqs international credit is rated across the board … Continue reading →

Adam Montana – Dinar Guru   …these things are:  1.  RV (ReValue)  2.  Lop (remove some zeros, either from the exchange rate or the denominations)  3.  Nothing.   …my opinion of our possible outcomes in this situation is this: 79% chance we see a change in … Continue reading →

Adam Montana – Dinar Guru   Question: Is Iraq going to “lop”? In the case of Iraq, one of 3 things is going to happen eventually, with “eventually” being either immediately, next week, or maybe a year from now. There is no “deadline” … Continue reading →

Kaperoni – Dinar Guru    Several articles have surfaced the last few days implying Iraq plans to open their economy to the world in the ‘next phase’ or ‘next stage.’ I caution those who think that may be within a week or … Continue reading →

Mountain Goat – Dinar Guru   Article:  “REVEALED: REASONS FOR DELAYING THE MOVE TO IMPROVE THE INVESTMENT ENVIRONMENT AND THE PRIVATE SECTOR IN IRAQ”  Quote:   “delayed DUE TO CONCERN ABOUT THE ELECTIONS AND AFTER THE FORMATION OF THE GOVERNMENT,” stressing that … Continue reading →

BGG –   …IMF Article 8 and UN CHAPTER 7 are completely different issues. UN Chapter 7 was a series of UN sanctions stemming from the Gulf War era… IMF Article 14 is a set of obligations and responsibilities which Iraq has … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The next stage will witness great economic openness on the regional and global environment” Quote:  “the most important items that were added to the law of the general budget 2019, and is likely to arrive in … Continue reading →

Phillyman – Dinar Guru   Article:  “Abdul Mahdi: The next stage will witness a great economic openness to the world”  Quote:  “For his part, Abdul-Mahdi said that “the next phase will witness great economic openness on the regional and global environment. … Continue reading →

Adam Montana – Dinar Guru   We’re on the cusp of a good number of significant possibilities, so I’m not ruling anything out…we have some REAL good news coming soon…Good things come to those that wait, and it’s looking like we’ve all waited … Continue reading →

Kaperoni – Dinar Guru  …UN chapter 7 is different than IMF Article VIII.  Iraq is in IMF Article XIV and from there they will move to VIII. BGG ~ Common Dinar community misunderstanding/misstatement… IMF Article 8 and UN CHAPTER 7 are … Continue reading →

Currency365 – Dinar Guru   I would love to see something done with the CBI and the rate change before the American troops leave…I don’t want the troops to leave before the rate change…We made that mistake the first time and … Continue reading →

Frank26 – Dinar Guru   [via Clare]  Article:  “Ascension of Iraq to the International Organization of Securities Commission”   Welcome to the World Iraq!!!! (since Jan 1)…

Kaperoni – Dinar Guru   Militiaman thinks they may float the dinar…Actually the truth is no RV at all. Not possible. BGG ~ I’m betting… and this is just a guess on my part. The CBI and Iraq won’t ask MilitiaMan … Continue reading →

Mountain Goat – Dinar Guru   Article:  “FIVE-POINT PROPOSAL AIMED AT REMOVING FOREIGN FORCES FROM IRAQ”  …just remember that it is the Iranian influence who is constantly pushing Iraq to get the US out. …I keep telling everyone that this influence must … Continue reading →