Author Archives: The Dinar Observer

Militia Man – Dinar Guru  All this time they’ve been doing all these meeting in Washington.  About 48 hours ago they have come up with an agreement…to reduce forces…Alaq went to Washington about 10 days ago, unannounced visit.  He met with the … Continue reading →

Samson – Dinar Guru   Article:  “Baghdad submits a proposal to Washington to withdraw international coalition forces“

Clare – Dinar Guru  Article: “Cooperation in communication and training… Washington talks reveal a new Iraqi-American understanding“

Pimpy – Dinar Guru  Article: “Iraqi bank announces investment deposits with returns up to 10%”  that’s a really good return…Imagine if 20 years ago you’d have made a deposit and been able to get back 10% back annually while it’s just … Continue reading →

Pimpy – Dinar Guru  If you’d been holding on to your dinars for at least 10 years you have more than doubled your money.  That’s not including any change to the exchange rate, because if the exchange rate changes, then you … Continue reading →

Jeff – Dinar Guru   Everything is pointing to…August.  I really feel that’s when the rate is changing…Everything seems to be hovered and centered around the nucleus of August being their accession to the World Trade.  Somewhere around mid-August.  That’s when we’re going … Continue reading →

Clare – Dinar Guru  Article: “Iraq Registers 324 Local Companies, 27 Foreign Branches, in June” Quote “The Companies  Registration Department of Iraq’s Ministry of Trade said it has successfully processed the establishment of 324 national companies  and registered 27 branches of foreign … Continue reading →

Jeff – Dinar Guru  President signed off on…the budget on June 27th.  I want to show you a pattern here…Issue number 4781 published in the Gazette on July 1st 2024…then…they skip issue number 4782 and advance to 4783…published on July  8th. … Continue reading →

Samson – Dinar Guru  Article: “IMF: Iraq increases its gold reserves to 148 tons” Quote “Data from the International  Monetary Fund showed an increase in gold reserves in Iraq…Iraq increased its gold holdings by 2,644 tons to 148,305 tons in May  2024.”

Clare – Dinar Guru  Question:  “Any idea on how long this 3rd meeting / WTO ACCESSION period will last?”   NO, I HAVE NO WAY OF KNOWING… BUT IN MY OPINION, THEY REALLY ARE TRYING TO GET IT DONE AS QUICKLY AS POSSIBLE.  HOWEVER, … Continue reading →

Militia Man – Dinar Guru  I think Iraq’s pretty hot right now… Sudani…is kicking butt and taking names…Everybody’s got an interest because the Development Road Project is going to provide a lot of opportunities for a lot of different people in … Continue reading →

Mountain Goat – Dinar Guru   Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we … Continue reading →

Mountain Goat – Dinar Guru   Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place…I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online … Continue reading →

Samson – Dinar Guru  Article: “US delegation confirms to Finance Minister: We are ready to support Iraq in achieving economic development“

Clare – Dinar Guru  Article: “A high-ranking security delegation arrives in Washington to hold a round of talks to end the coalition’s mission“

Sandy Ingram – Dinar Guru   You don’t want to pay rent, you don’t want to pay mortgage, house note, new car, sports car, insurance, vacations, all of those things that we all want to do once we come into money.  No … Continue reading →

Jeff – Dinar Guru  The budget is not posted in the Gazette.  The budget hasn’t been implemented because it’s unconstitutional…

Clare – Dinar Guru   Article: “The World Trade Organization opens its doors to it.. The Iraqi economy returns strongly to international competition” Quote: “The World Trade Organization has accelerated Iraq’s steps to join it, following the resumption of negotiations that … Continue reading →

Samson – Dinar Guru  “Washington hosts today the joint security dialogue between Iraq and America“

Jeff – Dinar Guru  Delete the zeros has nothing to do with the exchange rate.  Deletion of the zeros simple means removing currency notes with multiple zeros on them.

Sandy Ingram – Dinar Guru  Iraq will have the fifth largest economy in the Arab world in 2024 according to the CEO World, a leading business magazine…Iraq’s GDP will be $265.9 billion in 2024…This is excellent news for IQD investors.

Kaperoni – Dinar Guru   Community Comment: “Does this have a negative, positive or neutral effect on our investment?”  Article: “Mazhar Muhammad Salih: Our cash reserves are the highest and there are no fears of the dollar rising”  This is good news.

Clare – Dinar Guru  Article: “Government advisor reveals Iraq’s gold reserves have risen to 150 tons… and the reason for its high price“  Quote: “Gold is one of the most important safe investment havens in the world, which is resorted to … Continue reading →

Jeff – Dinar Guru   There was a perception out there that the rate was going to change before the July 18th accession date to the World Trade…This was their 3rd accession World Trade meeting.  There’s a 4th meeting coming in … Continue reading →

Militia Man – Dinar Guru  They’re going to delete the zeros.  You don’t create value by deleting zeros and implementing small category notes.  You can’t take 1310, which is .00076 to the dollar and just delete the currency and implement it without changing … Continue reading →

Pimpy – Dinar Guru  “Removing Zeros from the Iraqi currency: Talk Returns and Possibility of Implementation”  What is nominal value Pimpy?  The nominal value of currency is its current price or face value as printed on the currency by the issuing authority.  It’s … Continue reading →

Jeff – Dinar Guru  Why do countries lop and why would Iraq not be lopping?  …It’s all inflation based…Example… You’re talking 3% with Iraq to 30%-40% with Iran.  Apples to oranges.  That’s the reason why Iraq wants to remove the zeros.  They don’t … Continue reading →

Clare – Dinar Guru  Article:  “She supports him fiercely.. What you don’t know about Trump’s Iraqi-origin lawyer”  Quote: “After the assassination attempt on US President Donald Trump, his Iraqi-born lawyer, Alina Habba, gave a speech on the last day of … Continue reading →

Paulette – Dinar Guru  Iraq cannot RI without “accepting Article VIII obligations” and cannot do so if they have a MCP.  Dr S said that the “new currency” will co-exist with the 3 zero currency for up two two years in … Continue reading →

Militia Man – Dinar Guru  Article:  “Removing the zeros from the Iraqi currency talks returns and possibility of implementation”  How is that possible…without having value?  …When they talk about removing zeros from the Iraqi currency they’re talking about returning to a previous era.  … Continue reading →