Author Archives: The Dinar Observer

Nader – Dinar Guru  I read an article about the oil price …Remember I told you the oil price is $70.  It’s really wrong…The Chairman of the CBI comes out and says, hey, we need to change the price of oil from … Continue reading →

Clare – Dinar Guru  Article: “Qusay Saddam seized $900 million and loaded it in trucks in 2003 – Central Bank Governor”  Quote:  “After 2003, we inherited an abnormal situation devoid of any real basis for stability. Our reserves that year were … Continue reading →

Militia Man – Dinar Guru  They’re maintaining control of the general level of pricing, they’re controlling inflation, reducing both in the management of monetary mass.  Reducing the monetary mass, what does that do?  If you take money out of the system, there’s … Continue reading →

Mountain Goat – Dinar Guru    Article:  “AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS”  Quote:  “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than … Continue reading →

Pimpy – Dinar Guru  I never said it was definitely going to happen one way or the other [Drop the zeros off the currency before they change the rate or after].  What I’m saying to you is be aware that these two things … Continue reading →

Samson – Dinar Guru  Article: “Al-Sudani congratulates Al-Mashhadani: We renew the legal and constitutional commitment to support the supervisory role of the House of Representatives

Militia Man – Dinar Guru  The optics are great for the country because they have all three presidencies in place at this stage.  You’re going to see some of the language that’s going to be used by one of the presidents, now … Continue reading →

Mountain Goat – Dinar Guru   In an article…“AL-SUDANI SUMMARIZES HIS GOVERNMENT’S ACHIEVEMENTS TWO YEARS AFTER ITS FORMATION“ …in the two decades of following this RV saga, I have never seen such a progressive prime minister. He is hitting all the reforms we … Continue reading →

Samson – Dinar Guru  Article: “Central Bank Governor: Foreign reserves exceed 140% of local currency issued“

Mountain Goat – Dinar Guru  There is NOT going to any “big lines” or celebrations in Iraq when they revalue in country. The only thing that will happen is that they will go on with life and know they have more purchasing … Continue reading →

Mountain Goat – Dinar Guru   …the CBI is now also broadcasting the videos they produced by the committee, in which my CBI contact told me earlier this year, were being produced and ready for showing, but back then we were … Continue reading →

Pimpy – Dinar Guru  This is my one and only concern.  We got freaking elections coming up again.  I’m hoping Al- Sudani is out there making his pitch for people to keep him…Sudani has been doing so much changes/reforms making huge change and … Continue reading →

Mountain Goat – Dinar Guru  Remember about the Cash Center that recently opened to receive the stashes and hordes of dinars. The first point is these were dinars NOT dollars…These are NOT exchange centers. They are simply depositing their hoards of dinars in … Continue reading →

Clare – Dinar Guru  Article: “What does the closure of the Central Bank platform at the end of the year mean? The Association of Banks explains”  Quote: “…closing the electronic platform…will not affect businessmen and the market…as they will quickly adapt and … Continue reading →

Militia Man – Dinar Guru  The black market is having pressure put on it now and it’s going to cease in the near future.  They said by the end of the year.  The dollar auctions will be gone anyway.  But … Continue reading →

Militia Man of Iraq decided to reduce the internet rate and activate securities…Analysts expect an increase in reliance on the Iraqi dinar as a base currency…It’s expected the activation of a new dinar instrument will contribute to enhancing local liquidity…”  … Continue reading →

Mountain Goat- Dinar Guru   Article:  “REMOVING ZEROS AND REVALUING THE IRAQI DINAR”  Yet another article on removing the zeros? We must be getting very close.

Militia Man – Dinar Guru  You haven’t seen the investment side of the 2024 budget.  That’s where everybody should be paying attention.  If you own dinar you should be paying attention…They haven’t exposed the 2024 investment side of the budget.  Why?  In my … Continue reading →

Clare – Dinar Guru  Article: “Planning: Census operations will continue for two weeks starting from November 20”  Quote: “The Ministry of Planning confirmed today, Friday, that the date for conducting the census on November 20 is fixed and unchanged, while it indicated … Continue reading →

Samson – Dinar Guru Article: “Financial expert to Nina: Iraq must take several steps to transform its economy from a rentier to a multi-revenue economy“

Nader – Dinar Guru  Let me tell you something about trading the dinar – We already start trading the dinar with other countries.  Now I can take the dinar to anywhere in the Middle East or North Africa and exchange it.  In … Continue reading →

Pimpy – Dinar Guru   With all the gold and all the foreign reserve assets have been built up, they’re able to protect the dinar value which is a huge step for Iraq.  Which is what any investor coming into Iraq wants … Continue reading →

Mountain Goat – Dinar Guru   …the agreements and paperwork are all nearly completed to set the reinstatement in motion. But…we know this is not going to happen until the CBI is ready.  The CBI is not ready until they first secure … Continue reading →

Clare – Dinar Guru  Article: “Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates”

Pimpy – Dinar Guru  The deletion of the zeros…if they do it that way [zeros dropped BEFORE the rate change] it’s going to be the redenomination.  They’re going to announce a new type of currency, new bank notes without the zeros on there … Continue reading →

Samson – Dinar Guru   Article:   ” ‘International Reconstruction’ reveals the completion of the first designs for the Iraqi Development Road Project”

Clare – Dinar Guru  Article: ” ‘Hybrid Monetary Policy’.. Al-Sudani’s Advisor Reveals the Central Bank’s New Step”   Quote:  “The Central Bank began…on October 24, to reduce the monetary policy interest rate…by about 200 percentage points, by lowering the interest at which the … Continue reading →

Nader – Dinar Guru  Now we can pay with the Iraqi dinar anywhere in the world.  From Iraq I can pay people over here [United States]…For now it’s 1310 but I can send you $500.  I’m talking about business, I’m not talking about … Continue reading →

Mountain Goat – Dinar Guru   We have been…told by my CBI contact on the committee that we should expect to see the ramped-up Project to Delete the Zeros sometime soon after the U.S. election period is over sometime in November. … Continue reading →

Mountain Goat – Dinar Guru  …the media is constantly broadcasting commercials about how the swap out will work.  Then the news media from Iraq tells us about the “cash center” that recently opened in Karkh. It is used solely for the intake … Continue reading →