Author Archives: The Dinar Observer

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 →

Kaperoni – Dinar Guru  Article: “Deleting the Zeros of the Iraqi Currency”  I have said it numerous times…we do not want to see Iraq delete zeros.   

Nader – Dinar Guru  You heard them talking about corruption.  They’re going to clean it up but it’s going to always be there.  It’s everywhere.  It’s in America.  It’s everywhere in the world.  It’s in Europe.  It’s here.  Corruption is  corruption, … Continue reading →

Clare – Dinar Guru   Article:  “Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation”  Quote: “if the currency is the “dinar” and its value is equal to 1,000 dinars, after removing three zeros, its value will become … Continue reading →

Pimpy – Dinar Guru  Yes, an article came out again about deletion of the zeros… “Removing Zeros from the Iraqi currency: Talk Returns and Possibility of Implementation”  I keep telling everybody when they do the deletion of the zeros this … Continue reading →

Clare – Dinar Guru  THE WTO FULL ACCESSION HAS NEVER BEEN A REQUIREMENT FOR A RATE CHANGE.

Militia Man – Dinar Guru   Obviously Iraq is trying to reach out to the people and share with them some education about how the “delete the zeros” works…I have a translator who reads and writes Arabic fluently…and they say this … Continue reading →

Clare – Dinar Guru  THE WTO FULL ACCESSION HAS NEVER BEEN A REQUIREMENT FOR A RATE CHANGE.  …THE VIDEO THAT WAS RELEASED IN IRAQ & ARAB NATIONS EXPLAINING ALAQ’S COMMENT ABOUT THE DELETION OF THE ZEROS…WAS HUGE!!! THIS IS WHAT WE WANT … Continue reading →

Kaperoni – Dinar Guru    Question: “So the RV tomorrow 3:00? Lol”  You need to change your thinking. There is no RV, never will be one. The only way that dinar can go up in value is ‘gradually’ over time based on the success … Continue reading →