Author Archives: The Dinar Observer

Mnt Goat – Dinar Guru   The news is slow from Iraq since Monday and Tuesday were official holidays. Now they go back to work, however parliament is not expected back until Nov 6th.  Anyhow I would not stake any RV on … Continue reading →

MilitiaMan – Dinar Guru   The amount of logistics to get all that done, all the people, hotels, gifts, training, etc, and with all those big players will go down as darn near nothing but, miraculous, imo. With that said…I, others, … Continue reading →

MilitiaMan – Dinar Guru   …Last week we witnessed a convergence of many things. The week prior there was the symposium with Banks and financial institutions in regard to the Iraqi Currency. The following week we see the AMF (Arab Monetary Fund) … Continue reading →

Mnt Goat – Dinar Guru   We can see the news from Iraq is slow once again. We are at another lull. As far as the elections go we are waiting for early November to get the rest of the ministers but … Continue reading →

MilitiaMan – Dinar Guru    Article:  “Iran’s economic minister: America implemented its ban before November 4”    Looks like they shut down Iran currency swaps / auctions???   USA implements sanctions early, thus, Iraq has obliged by not trading dollars and apparently Dinars, as they … Continue reading →

Currency365 – Dinar Guru   Breaking President Trump Implements Sanctions on Iran Before November 4th…

MilitiaMan – Dinar Guru   Well by turning off Iran today real close (possibly days ago), they won’t let them use the old IQD nor the New IQD, and or the USD per sanctions that apparently are in place early, and … Continue reading →

MilitiaMan – Dinar Guru    If they are adopting, the predominant medium of exchange for the purchasing of services, goods, then the sovereign nation and her currency will need 1 interdependent, yet, national rate. Here are some things that suggest that we are … Continue reading →

Mnt Goat – Dinar Guru   Article quotes:  “The Board of Directors of the Central Bank today issued an important statement in which it noted THE CONTINUATION OF ITS EFFORTS DURING THE PAST YEARS TO ACHIEVE ECONOMIC STEADFASTNESS IN THE CIRCUMSTANCES … Continue reading →

Mnt Goat – Dinar Guru  Article:  “MANY NEW IRAQI CABINET MEMBER SWORN IN ON WEDNESDAY”   Article quote:  “The agency received the Euphrates News on the names of the cabinet presented by Prime Minister-designate Adel Abdul-Mahdi today to the House of … Continue reading →

Mnt Goat – Dinar Guru   Abdel-Mahdi is sworn in…as the new prime minister along with 14 of 22 ministers.  Remember the CBI NEVER came out and directly told us they would reinstate or RV the currency after the elections process was … Continue reading →

David M. Witty – Dinar Guru   Sources near Iraqi Oil Ministry:   Iraq will stop exporting Kirkuk’s oil to Iran in November to coincide with new U.S. sanctions.

Mnt Goat – Dinar Guru   So now I will give you the latest numbers given to me by the reports that were given to the US Treasury on Jan 2018. The reports consist of mandatory forms filled in by currency brokers … Continue reading →

Frank26 – Dinar Guru   …the Monetary Reform of the IQD, of the Central Bank of Iraq, is no secret. It’s no secret. They are willing. And they are telling anyone who is willing to listen, that the CBI, that Iraq, is soon … Continue reading →

Chattels – Dinar Guru   So, it would appear that Iraq has a new government. The government is ” incomplete ” ( 14 of 22 ministers given a vote of confidence by Parliament ), but it is ” functional “, i.e., there … Continue reading →

David M. Witty – Dinar Guru   Iraq’s 8 unfilled minister positions to be voted on by Parliament on 6 November. 

Kaperoni – Dinar Guru  Now that the new Iraqi Gov is is place I expect the IMF to meet with the CBI in the near future to discuss monetary policy.  I’ve always felt this consultation will occur before any significant monetary … Continue reading →

Adam Montana – Dinar Guru   There have been times in the past where I mentioned that we have a “couple weeks” or some other amount of time where I definitely didn’t see anything happening.  Now is not that time… Anything can happen … Continue reading →

Walkingstick – Dinar Guru   [News is saying it’s OFFICIAL!!!   Mahdi is PM!!!]  Yes, Mahdi and 14 ministers according to articles… Parliament in recess, Nov 6th.

Urgent: Abdel-Mahdi sworn in!! During a special session in Baghdad, Iraq’s Council of Representatives (parliament) approves candidates nominated by PM @AdilAbdAlMahdi for membership of the new Council of Ministers Via Twitter: mobile.twitter.com

Kaperoni – Dinar Guru   So Mahdi was sworn in today along with 14 other cabinet members. PM Mahdi. So it seems officially we have a new government in Iraq.  There will be some twists to this but Mahdi is officially the … Continue reading →

MilitiaMan – Dinar Guru   This was all done on Abadi’s watch over the past four years and the CBI is telling us and the world that they are geared for the next phase of Monetary Reform.  They have a surplus in … Continue reading →

Legal expert: Abdul Mahdi’s government has become constitutional {Baghdad: Al Furat News} Legal expert Jamal al-Asadi confirmed that the government of Abdul Mahdi has become constitutional. Al-Asadi told the {Euphrates News} that “once the swearing-in of ministers becomes Adel Abdul … Continue reading →

MilitiaMan – Dinar Guru   Article    “The Central Bank of Iraq confirms the continuation of his reformist approach to achieve financial and monetary stability”   Here we go! The hand off is about to occur!  The central bank is reassuring that they have … Continue reading →

Chattels – Dinar Guru   Article quote:   “…the government still suffers from corruption, economic mismanagement and political polarization, and it will take strong secular leadership to create the stability Sistani is seeking. The question is whether such progress will be made … Continue reading →

Statement issued by the Board of Directors of the Central Bank of Iraq In line with the development of the democratic process in Iraq and the resulting rotation of the authorities in a positive and stable atmosphere, the Central Bank … Continue reading →

Phillyman – Dinar Guru  Article:  “Iraq’s Sadr rejects secret vote for new cabinet”   Quote:  “Iraq’s Shia cleric Muqtada Al-Sadr today rejected a secret vote in parliament on the new cabinet lineup.”  How can you blame him with all the corruption … Continue reading →

ChrisC – Dinar Guru   …Do the people know they are going to be revalued?  Logic would say yes and the second article is just a final statement from the CBI of timing and instructions. They went to a lot of trouble and … Continue reading →

David M. Witty – Dinar Guru   Source says incoming Iraqi PM Abdel-Mahdi turns down Maliki’s request to make Malaki’s son in law minister of Youth & Sports. Also turns down Maliki’s request for Dawa Party member to get Oil Ministry.

Delta – Dinar Guru  Nov. 4th Iran sanctions – toughest ever…SWIFT will be disconnected… cannot wire money or use USD.  IMHO…CBI knows exactly what will happen…needs to act fast…IQD attractive right now…more demand on IQD now! Iraq is all the focus right now … Continue reading →