Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   [Will by deleting the zeros it makes the currency stronger , therefore making our investment more valuable?]  Yes, by deleting the ZEROS this will make the currency stronger thus also our investment. On the surface it looks … Continue reading →

David M. Witty – Dinar Guru    Iraqi Speaker of Parliament says next meeting will hold vote to complete cabinet formation & vote on 2019 national budget.

RVAlready – Dinar Guru At the moment, I can see no reason to delay the RV, and lots of reasons to go ahead immediately. After all, everyone says they are ready, so they should do it right now.

Mountain Goat – Dinar Guru …the reinstatement of the Iraqi dinar should have taken place over the weekend and was held up again due to NSA security reasons.  I have talked to my CBI contact and I am told that they … Continue reading →

MilitiaMan – Dinar Guru   We just watched a few of the largest firms in the world have a meeting with Alak today. All in the same room. …Iraq is ready and they had to get on the same page for whats coming … Continue reading →

Mountain Goat – Dinar Guru   [Is the CBI saying replacing the larger 3 zero notes with new currency?]   If they remove three zeros the IQD it will be replaced by a new lower category currency thus when the CBI reinstates … Continue reading →

Frank26 – Dinar Guru  Article:  “The supervisory and auditing bodies meet in the Central Bank of Iraq” Quote:   “a meeting of the bank held today under the chairmanship of the Governor, and the presence of the President of the Office of Financial … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The supervisory and auditing bodies meet in the Central Bank of Iraq” Quote:   “a meeting of the bank held today under the chairmanship of the Governor, and the presence of the President of the Office … Continue reading →

Mountain Goat – Dinar Guru   You all want to know what is holding up the Iraq dinar reinstatement? …We have heard the paperwork is all completed, the approvals given. Even the codes to release the funds necessary for the exchanges … Continue reading →

Kirk H. Sowell – Noted Author  So another parliament session with cabinet votes not on the schedule. The deadlock continues.

Breitling – Dinar Guru  I think Iraq’s oil production is about 4 million barrels per day…Iraq is the second largest oil producer in OPEC and the 5th largest oil reserve.  So look at the Saudi Arabia currency, what’s the value of that? 

Mountain Goat – Dinar Guru  In today’s news we are also seeing more pressure to stop or greatly limit the currency auctions. OH – but how can they do that without putting the dinar on a FLOAT and reinstating it back to … Continue reading →

Breitling – Dinar Guru What are you guys [Iraq] up to? Ok so you don’t revalue at 54 cents, 90 cents…you can do 10 cents.  I know you guys can do that and you don’t even have to blink. It’s not going … Continue reading →

Adam Montana – Dinar Guru  […does Brexit have any effect on our Dinar investment?]   In a roundabout way it does, because global events always have some impact… so, yes. But it doesn’t merit any concern for us at this time. 

Kaperoni – Dinar Guru   A few people have asked for my opinion on the recent float article as to what “forced” means?  My view when I read the article is this MP is saying we can continue to have citizens … Continue reading →

Breitling – Dinar Guru  …They [Iraq] don’t have to revalue in one big pop or shot.  They can revalue little by little.  I’m not talking about a tenth of a penny.  I’m talking about adding 10, 15, 20 cents a pop.  Why they … Continue reading →

MilitiaMan – Dinar Guru   “FROM IRAQI TV:   The Economic and Investment Committee….  Iraq may be forced to float the dinar to encourage investment in Iraq.”    Using words like Urgent Measures to reduce Auctions earlier, and now they may be FORCED to … Continue reading →

Delta – Dinar Guru  FROM IRAQI TV:   The Economic and Investment Committee….  Iraq may be forced to float the dinar to encourage investment in Iraq.

Mountain Goat – Dinar Guru  Article:  “WHEN WILL THE IRAQI DINAR BE REVALUED?”  So again the CBI is telling us and I quote – “the revaluation of the Iraqi dinar is ready to be implemented by the country’s Central Bank; … Continue reading →

Kaperoni – Dinar Guru  I…want to point out every year someone says look at the budget for a change. …The budget has nothing to do with any reforms and can be made retroactive at anytime.

MilitiaMan – Dinar Guru   The answer from the contact specifically says…as I have and others have suggested…They are article 8 compliant imo … Like has been said for years, they don’t have to tell us.. But by actions they are.   …In other words. … Continue reading →

Delta – Dinar Guru  Single Currency Crosses…LOT OF MOVEMENT NEVER SEEN BEFORE…SPECIALLY…EUR/IQD AND GBP/IQD…

Adam Montana – Dinar Guru   As much as we all hate “I told you so’s”, here are a couple. Headlines from the past couple days include: 1. BREXIT.  When this was first brought up in 2016, I voiced my opinion that … Continue reading →

Mountain Goat – Dinar Guru   Should we get our bottle of champagne ready?  I have to tell everyone the CBI is still telling me they are targeting the month of January.  I would not open your bottle of champagne and celebrate as … Continue reading →

Mountain Goat – Dinar Guru   Will the reinstatement happen in 2019?  We don’t know when the reinstatement will occur for sure and many say the project to delete the zeros is now all done. So go figure?  …This news is coming … Continue reading →

Kaperoni – Dinar Guru      A member of the Economic and Investment Committee said today that Iraq may be forced to float the dinar to encourage investment in Iraq…Sound familiar?   There is no doubt in my mind we will see the dinar … Continue reading →

Daytrader – Dinar Guru   All that happens as the result of the consultation is agreement on a plan of action to make any necessary corrections.  There is no failure, only a plan of action to rectify concerns. Iraq and the IMF … Continue reading →

Daytrader – Dinar Guru  A number of members have expressed concern over a statement regarding an IMF Article IV consultation not occurring until later this year.  This is Iraq’s normal Article IV consultation schedule.  Most countries have an Article IV consultation … Continue reading →

Mountain Goat – Dinar Guru    Question:  When will the 3 Zeros be DELETED?    The CBI will only complete the project to delete the zeros until the CBI and the finance committee can come together on an agreement as to when to … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The Central Bank cancels a 2% commission payment for the $20 category and less”  Well well.. Now why in the world would they cancel 2% commission on relatively small category notes of foreign currency?  …The CBI … Continue reading →