Author Archives: The Dinar Observer

Arthur – Dinar Guru  GOI + HCL= RV.  GOI wise… its gonna require the voting in of the 3 remaining important ministers or the PM temporarily absorbing these ministries by proxy.  As for the HCL “Parliamentary intention to pass the law «oil and … Continue reading →

*** Dinar News Flash *** U.S. President Donald Trump made a surprise visit to the troops in Iraq on Christmas evening.  It wass reported he assured Iraq there are no plans for the U.S. to end operations in or support to the region.

Kaperoni – Dinar Guru   Quote from John Bolton, Assistant to the President for National Security Affairs:  “In Iraq, President Trump spoke w/ US military leaders about the progress to secure total victory against ISIS. He also spoke w/ Iraqi Prime Minister … Continue reading →

Mountain Goat – Dinar Guru   “PRESIDENT TRUMP MAKES CHRISTMAS VISIT TO TROOPS IN IRAQ”  So this really happened. It has NOTHING to do with the reinstatement of the currency…However, it a sign to us that the country is getting safer. But a … Continue reading →

Tman23 – Dinar Guru   Damn interesting that Secretary Treasurer Steve Munchin shook the markets after it leaked that he called banks to check if they had enough liquidity…WELL DO THEY??  AND WHAT IS ABOUT TO COME?  It is getting close to … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE PARLIAMENTARY ECONOMY REVEALS EFFORTS TO AMEND THE INVESTMENT LAW TO INCREASE OPPORTUNITIES”  Folks this is a BIG one. This law needed to be amended to facilitate foreign investors into Iraq.This was noted in the … Continue reading →

Kaperoni – Dinar Guru Article quote:  “President Trump and the First Lady traveled to Iraq late on Christmas night to visit with our troops and Senior Military leadership to thank them for their service, their success, and their sacrifice and to wish … Continue reading →

Chattels – Dinar Guru   Article:  “Iraqi blocs resume their dialogues for “consensus” on the remaining three ministries of the government”   Quote:  ” …the remaining three ministries: the defense, the interior and justice, waiting to vote in future sessions. “

Mountain Goat – Dinar Guru   HERE COMES ARTICLE 140, JUST IN TIME?   Quote:  “The President of the House of Representatives, Mohamed Halbusi, the request to host the Implementation Committee Article (140) of the Constitution to discuss the reasons for not completing … Continue reading →

Mountain Goat – Dinar Guru  Article:  “IRAQ AND IRAN ARE ENGAGED IN NEGOTIATIONS TO SET UP CREDIT ARRANGEMENTS FOR TRADE IN THEIR NATIONAL CURRENCIES”   …so this article proves once again that they Iraq dinar is NOT yet being used for trade … Continue reading →

Chattels – Dinar Guru  Article quote:   “Oil prices will fall to $””30 so the price of oil in the budget should be changed next year”  I think that Iraq needs around $ 40 per barrel just to pay government salaries.

Kaperoni – Dinar Guru  ‏ There will never be a reinstatement.  A currencies appreciation depends on a countries economic success.  Nothing happens overnight.  …Nothing is going to happen for a while yet.  Iraq has much to do and still must complete the … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE FIRST IRAQI BANK TO RECEIVE AN INTERNATIONALLY RECOGNIZED CREDIT RATING”  Quote:  “The credit rating agency Fitch announced on Wednesday that the Iraqi Trade Bank with B-degree with a stable outlook.”    …the Iraq Bank of … Continue reading →

Mountain Goat – Dinar Guru   Iraq is slotted to be a “central hub” of commerce for the Middle East. But a dinar rate of just 1/8 of a penny is not sufficient to make this happen!

RVAlready – Dinar Guru   [Finding it a little hard to believe that everything is done, since they keep stalling.]    …hate to say it, but I think the target has been 1 Jan 2019 for quite a while. They just kick the … Continue reading →

Kaperoni – Dinar Guru    …There will never be a re-instatment.  A currencies appreciation depends on a countries economic success.  Nothing happens overnight.  Nothing is happening through the end of the year… Iraq has much yet to do before they can begin to float … Continue reading →

Mountain Goat – Dinar Guru  We are just waiting for the next step.  I know they have a target for EARLY 2019 to reinstate the currency…We almost witnessed this reinstatement last January and if it was not for some factors that occurred … Continue reading →

Adam Montana – Dinar Guru  [I’ve been remembering back to Iraq being removed from Chapter 7 (UN) and some of the process involved….How does current GOI environment compare and what is similar / different getting HCL in place?]   I think the … Continue reading →

Walkingstick – Dinar Guru   The timing/ change of the exchange rate, of.. any country… is not, dictated ..by, the date/s listed on the UN operational rate/s of exchange..

Mountain Goat – Dinar Guru  Article:  “IRAQ IS ONE OF THE WORLD’S RICHEST COUNTRIES”  Quote:  “the Central Bank has a future plan to restructure the Iraqi currency, including the deletion of zeros”.  …to me this looks like there is a long … Continue reading →

MilitiaMan – Dinar Guru   The wind is starting to blow now…imo.  The region is reflecting expectations that Iraq will raise the value of the IQD.  Goldman Sachs today told us they expect the emerging markets to appreciate upwards of 10% to the … Continue reading →

Adam Montana – Dinar Guru   [When did Iraq become a sovereign nation?…]  Iraq has long been a sovereign nation, but they lost some freedoms in 2003 with the overthrow of Saddam. Their currency plummeted in value, they had to travel … Continue reading →

Kaperoni – Dinar Guru So tomorrow we try again to complete PM Mahdi cabinet.  Fingers crossed.

Adam Montana – Dinar Guru  … I’m excited for the new year to roll in!…  At the moment there is a distinct lack of news regarding HCL. I believe there is a good reason for this – and it’s good for … Continue reading →

Mountain Goat – Dinar Guru This is the way I see this playing out. Suddenly Mahdi’s cabinet is completed. The reconstruction funds start to release within a week. But there is a lag since it takes time to get the … Continue reading →

Kaperoni – Dinar Guru  So it looks like PM Mahdi got a few of his cabinet in today but not all of them…so this continues.   PM Mahdi has stated that Thursday’s parliament session will complete the cabinet. 

Kaperoni – Dinar Guru  Like most countries, Iraq would not care if their currency appreciates at the expense of a booming economy.  That is how market forces work. A central bank uses its tools to manage monetary policy based effects in the … Continue reading →

MilitiaMan – Dinar Guru  Article:   “A credit account in riyal and dinar between Iraq and Iran”   Quote:  “Citibank offers letters of credit for buyers in Latin America, Africa, Eastern Europe, Asia and the Middle East who may have difficulty obtaining … Continue reading →

Mountain Goat – Dinar Guru   Many now also have credit and debit cards to pay their bills and so don’t walk around with wads of cash. This enabled the CBI to reduce the 3 zero notes by 2/3, which was part … Continue reading →

Mountain Goat – Dinar Guru   SO WHERE ARE WE IN THIS INVESTMENT RIGHT NOW?  We are waiting for the government to get “fully” formed and settle this political crisis. There is and always has been a requirement to have a fully functional government … Continue reading →