Author Archives: The Dinar Observer

Stephen – Dinar Guru  For as long as I have been involved in this investment there’s been rumors about banks having De La Rue machines, [And] if a bank does need a De La Rue machines to verify your currency…?  The … Continue reading →

Mountain Goat – Dinar Guru  I talked to my CBI contact…and I was told this decision of 2027 is not yet final.  She told me she cannot understand how they would even think about waiting that long to swap out the currency. This is … Continue reading →

Jeff – Dinar Guru   Question “Do you think we’re going to have to have a receipt?” Let’s talk about this receipt crap…You need receipts to exchange your dinar is the biggest pile of horse crap.  You don’t need it. If you went … Continue reading →

Stephen – Dinar Guru  Are we going to have to trade in our dinars for [lower] dinars?  Unless you’re living in Iraq,  no.  We are in this process to make a profit.  We’re not here to exchange our old currency for new … Continue reading →

Sandy Ingram – Dinar Guru  Many IQD investors have been told that when they experience a profit on their exotic currency investments there will be no taxes.  One of the reasons for this misinformation is because when you exchange currency at an … Continue reading →

David – Dinar Guru  You cannot pass a budget unless you have an established rate…I’ve used the word float to contextualize what is going to happen with the Iraqi dinar.  But at best it’s going to be a managed float.  It … Continue reading →

Reset Intelligence – Dinar Guru  The CBI sets and announces the rate… any morning it chooses. It does not need the budget, the cabinet, or a vote.  That is literally the law: Central Bank Law No. 56 of 2004, Article 1/4/A, exclusive authority over exchange rate … Continue reading →

Jeff – Dinar Guru  They’re not waiting until ’27 to delete the zeros.  In my strongest opinion I think they want all the zeros deleted during Q4 which would be the beginning of October to the end of December.  The ’27 budget is … Continue reading →

Mountain Goat – Dinar Guru   I…want to point out the convergence of events that is about to happen. We will get peace in the middle east, Iran’s influence in Iraq will end, the IQD will be on FOREX, accession to the WTO, … Continue reading →

Mountain Goat – Dinar Guru   Article: “IRAQI GOVERNMENT MAY INTRODUCE A NEW CURRENCY IN 2027” Quote:  “This development comes amid ongoing regional and domestic economic pressures, making 2027 a potential turning point for Iraq’s monetary policy.” …in this recent article from Baghdad… we learn of the urgency … Continue reading →

Stephen – Dinar Guru   Community Comment: “My husband worked in Iraq.  He was a contractor there.  He bought a bunch of dinar,  doesn’t have receipts…”  I have a problem too because I bought a lot of my dinar back in 2011 and … Continue reading →

Jeff – Dinar Guru  The budget is a law.  All aspects of a law have to exist to approve it.  Budgets are calculated off of what is a currency value.  The correct currency value has to exist before they can approve that budget… … Continue reading →

Samson – Dinar Guru  Article: “SHEIKH HAMOUDI : IRAQ WILL ANNOUNCE ON 1/10 [October 1st] THE PROJECT OF FULL NATIONAL SOVEREIGNTY”

Reset Intelligence – Dinar Guru  In 1990 two neighboring currencies both bought more than $3.00 each…One Iraqi dinar bought $3.22 sitting right beside its Kuwaiti neighbor at $3.47.  Two dinars, two neighbors, both above $3.00.  Then one was rescued and the other let out.  Iraq … Continue reading →

Clare – Dinar Guru  Article:  “The 10 strongest currencies in the world… the top four are Arab!”  Quote:   “Today, the Kuwaiti dinar tops the list. One dinar can buy more than three US dollars…The strange thing is that some of the … Continue reading →

Sandy Ingram – Dinar Guru  Re-denomination and revaluation do not mean the same thing…A re-denomination changes the numbers printed on the currency, usually by removing zeros…Your purchasing power does not automatically increase.  If 1,000 old dinars equals one new dinar, your bank balances, … Continue reading →

Stephen – Dinar Guru  There’s been a firestorm in the dinar community arguing for redenomination…[or] are they going to revalue then redenominate?

Jeff – Dinar Guru   They told you Iraq’s going to be fully sovereign starting 10-01.  That suggests to me their real period for deleting the zeros, the 90-day window for that most likely will be Q4 October through the end of … Continue reading →

Mountain Goat – Dinar Guru   …I want to emphasize…that the budget is based on the price of oil and not the exchange rate of the dinar…it is not yet able to base the budget on the exchange rate and must use … Continue reading →

Stephen – Dinar Guru  The Iraqi dinar is a very real investment.  We are invested in the currency of another country.  It does not get more real than that…I believe IMO there will be a day that the Iraqi dinar does revalue.  … Continue reading →

Jeff – Dinar Guru  There’s certain [people] telling you deleting zeros isn’t going to happen until January.  It’s up to you if you want to believe that.  I would not…Let’s bring some common sense into this.  Iraq cannot tell you the exact … Continue reading →

Kaperoni – Dinar Guru   The central bank is strengthening its policies, proceeding forward with the digital transformation. Getting away from physical currency. Only with the success and growth of their own economy will the dinar then begin to rise gradually.  This is what the … Continue reading →

Sandy Ingram – Dinar Guru  The currency of Venezuela is similar to what happened to us with Zimbabwe’s currency.  Lots of currency for sale…in the country of Venezuela is no longer used and is basically worthless.

Reset Intelligence – Dinar Guru   This week the world’s 20 largest economies agreed on the record that a currency priced below its fundamentals is not a fact of nature.  It is a fault produced by choices, harmful to everyone at the … Continue reading →

Clare – Dinar Guru  Article:  “US State Department: Iraq has begun a new path under al-Zaidi’s leadership, and we aspire to a strong partnership”  Quote:  “The US State Department confirmed on Tuesday that Iraq has begun a new path under the leadership of … Continue reading →

Stephen – Dinar Guru  I have many conversations with people in the dinar community every single day.  All of us are pretty much of the same opinion that Iraq is going to revalue their currency.  We might not agree on the … Continue reading →

Jeff – Dinar Guru   Question: “What’s the difference between a REER and a reinstatement?”  Jeff:  The REER is the real effective exchange rate.  That’s what the value of the exchange rate is.  The reinstatement is them taking it from where it devalued and … Continue reading →

Mountain Goat – Dinar Guru   …all the news has been fantastic. All the great news over these last couple weeks is all about removing the zeros and how they intend to do it. The Finance Committee specifically said there is NO revaluation to … Continue reading →

Stephen – Dinar Guru  I have a hard time believing we are going to make it into 2027 without seeing this finally happen…Everything is converging on a very very accelerated timeline.  We are seeing things happen very very quickly…I truly believe we are … Continue reading →

Jeff – Dinar Guru   They’re not showing you the cabinet until they’re absolutely ready…They make is so difficult to know when they’re going to do it.  They don’t want you to know when it’s going to get done because the cabinet is … Continue reading →