Author Archives: The Dinar Observer

Sandy Ingram – Dinar Guru  When you invest [your dinar profits], more than likely your financial advisor is going to recommend business ventures that will create a cash flow to uphold your lifestyle.  If it takes a moment or two to … Continue reading →

Pimpy – Dinar Guru  Oh, this is big news right here, look at this, Article “Iraq’s non-oil revenues reach 11% for the first time”  Been talking about this for the longest time.  This has got to increase.  It’s usually around 4%…Yah!  … Continue reading →

Clare – Dinar Guru  Article: “For the first time, the Iraqi state’s non-oil revenues record an increase of 11%” Quote: “…for the first time, the non-oil revenues of the Iraqi state recorded 11% of the total revenues, with oil revenues falling … Continue reading →

Militia Man – Dinar Guru  [Response to Guru Jeff 3-12-2024 below] The 2023-24 budget has been approved and voted on and even in the Gazette as of ~June 2023.  It allows the government to make amendments to things.  Is this constitutional thing? I don’t … Continue reading →

Clare – Dinar Guru  Community Comment: “I don’t understand how the budget can be sent back to Parliament when the President signed and sent it to the Gazette for publishing.”  Article:  “A representative of the framework: The 2024 budget will … Continue reading →

Pimpy – Dinar Guru  Article: “Nearly one trillion dinars of customs revenues in the first half of 2024”  This article is really good news as we are aware Iraq has to diversify their income right now.  They rely way too much … Continue reading →

Clare – Dinar Guru  Article: “Customs revenues amount to nearly one trillion dinars in the first half of 2024“

Jeff – Dinar Guru  Article: “The 2024 budget will be returned to the House of Representatives and the reason is revealed”  Iraq approved their budget on Monday June 3rd. I’ve known since June 4th Tuesday that the budget was unconstitutional…I’ve stayed … Continue reading →

Samson – Dinar Guru  “A representative of the framework: The 2024 budget will be returned to the House of Representatives and the reason is revealed“

Samson – Dinar Guru  Article: “Parliament announces completion of requirements for legislation of the Industrial Investment Law“

Clare – Dinar Guru  Article:  “Foreign Minister arrives in Washington”  Quote:  “Foreign Minister Fuad Hussein arrived in Washington today, Wednesday, to participate in the 2024 NATO Summit.”

Nader – Dinar Guru What’s going on in Iraq is really really good.  Last month you see me talking about this month, about July.  I said from now to July 8th you’ll get some good news and that’s exactly what happened.  You see … Continue reading →

Pimpy – Dinar Guru  The IQD is not officially trading on the Forex right now because it’s part of their punishment, but it’s listed there because they had a pairing at one time just like the [Venezuela] Bolivar…Once they’ve been paired … Continue reading →

Newshound Guru Militia Man  The Central Bank…is probably telling people [exchange companies], if you don’t do this [play by the rules] you’re going to have a big problem…Those 1200 entities that were talking about going on strike got a reality … Continue reading →

Mountain Goat – Dinar Guru   …two main issues concerning the monetary policy…The first issue is about the cash outside of the banking system…that the percentage of cash outside the banking system reached 91%… they already told us they have plan to … Continue reading →

Mountain Goat – Dinar Guru  The second is the reluctance of the US to allow the currency reform process to move ahead as the 3rd phase of the strategic plan calls for and is supposed to have already begun. But can … Continue reading →

Militia Man – Dinar Guru  Probably shortly you’ll find that Iraq is going to do something with their exchange rate to be IMO an IMF Article VIII complaint exchange rate that will be openly traded on Forex…

Sandy Ingram – Dinar Guru  The IQD Wait: What’s Taking So Long? The 2003 Invasion, ISIS, and the Pandemic have all contributed to the delay in the Iraqi Dinar’s increasing value. Iraq’s economy got into trouble during the Iran-Iraq eight-year war and has been … Continue reading →

Nader  – Dinar Guru  Lots of things happening…I see good news coming up this week so stay tuned…What’s happening now it’s good.  I can say we are very close.

Pimpy – Dinar Guru  The IMF can’t force countries to do a specific exchange rate.  They can have input.  They can talk to a county about their exchange rate but each country is sovereign.  They’re independent.  No organization, whether it’s IMF, World Bank, … Continue reading →

Clare – Dinar Guru  Article: “Airlines set date to resume flights between Baghdad and Moscow”

Samson – Dinar Guru  Article: ”91% of the Iraqi currency is outside the banking system”  Quote:  “Economist Munar Al-Obaidi announced that the money supply rose to more than 102 trillion dinars until last June.”

Militia Man – Dinar Guru  I think when they say, “Whose operations are constantly expanding in favor of dealing at the fixed official exchange rate“, is an argument suggesting that instead of being a floating currency…they’re leaning towards a fixed official exchange … Continue reading →

Sandy Ingram – Dinar Guru  The dollar has gained over the dong 4.31% since the beginning of 2024.

Pimpy – Dinar Guru  Be careful of the hopium.  I said this and I’ll say it again, the value of the Iraqi dinar will increase but there’s a possibility it might not happen the way you’re being told…

Militia Man – Dinar Guru  Iraq has been and is seeking to join the World Trade Organization…Iraq is promoting self-sufficiency.  Why?  Because they have all kinds of assets.  They have inputs and outputs.  They have so many natural resources that they’re going to … Continue reading →

Clare – Dinar Guru  Article: “Iraq is the fifth largest economy in the Arab world and the 52nd largest economy in the world” Quote: “The magazine indicated that Iraq ranks fifth in the Arab world after Saudi Arabia, the Emirates, … Continue reading →

Sandy Ingram – Dinar Guru  Iraq has the the largest foreign currency in the country’s history.  I has also amassed a small fortune in gold and made significant strides in developing the country.

Pimpy – Dinar Guru  Community Comment:  “The CBI is going to wait until they’re forced to increase their purchasing power.”  No.  The CBI is going to wait until it’s necessary to increase the exchange rate.  Just because everybody out here that … Continue reading →

Militia Man – Dinar Guru  Article quote: “The fixed exchange rate system in Iraq is based on an international reserves base is the highest in the history of Iraq…Foreign currency covers more than 100% of the total currency issued.”  Even the … Continue reading →