Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru  …I was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the … Continue reading →

Samson – Dinar Guru  “Government advisor: Global indicators confirm that oil prices will continue to rise until the end of 2025“

Pimpy – Dinar Guru  Trust me, don’t get me wrong, I know it’s going to happen.  I think the bigger question is,  when?

Militia Man – Dinar Guru  Everybody should be pumped and ready to go…  Article quote:  “Sovereign guarantees to the private sector will contribute to the industrial renaissance”  This article right here will blow your socks off…

Kaperoni – Dinar Guru  [Reference to Guru Fnu Lnu article/post 6-23-2024]  Community comment:  “If it was a mistake, the mistake/typo was it should have read 6.5 trillion Iraqi dinars ($4.9 billion); making the rate 1320:1 IQD:USD. Various posts are citing the Iraqi … Continue reading →

Mountain Goat – Dinar Guru  Article:  “Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil”   …There it is again in articles.   Do we need the Oil and Gas law referendum passed prior to the Reinstatement?  … Continue reading →

Clare – Dinar Guru  Question:  “The holiday is officially over was there any news about the Iraqi 2024 budget published in their gazette today?” NO…BUT REMEMBER THEY OFFICIALLY GO BACK TO WORK TOMORROW [Sunday] PER SUDANI ACCORDING TO WHAT WAS IN AN ARTICLE. … Continue reading →

Kaperoni – Dinar Guru  Until Iraqi parliament passes the over 100 stalled laws that pertain to the success and growth of their economy, nothing will happen and the dinar will remain weak. Years have passed and still no progress on passing … Continue reading →

Nader – Dinar Guru  Things have been moving a little bit from here to the 8th of July.  I hope we have an answer cuz that’s what they shooting for.  I don’t know if it’s going to be good or … Continue reading →

Militia Man – Dinar Guru  Article:  “IBBC Conference: Much to Celebrate in Iraq as Energy takes Centre Stage”   This conference seems to be shedding a positive light on Iraq. There is good reason to in doing so. Iraq is about to break out in … Continue reading →

Militia Man – Dinar Guru   Question:  will the rate be fixed or a float?  Militia Man:  Saleh who is the prime ministers financial advisor has released several articles on this. I think a managed float is exactly what they are talking … Continue reading →

Pimpy – Dinar Guru  When you hear somebody tell you that, ‘Hey in one country you cannot move forward and rebuild with huge projects with an exchange rate of 1,320 of your currencies for $1’ just say, ‘Oh yeah?  Look at Vietnam … Continue reading →

Militia Man – Dinar Guru    Iraq is still moving forward with their monetary reform and the project to delete the zeros. Alaq has stated this and Sudani refers to it. In the 2024 budget they mention numbers that mirrors what … Continue reading →

Clare – Dinar Guru  Article: “For the first time in history…a direct air transport line was launched between Erbil and London“

Mailman17 – Dinar Guru  Some gurus state that Iraq has to have more than oil to export to be on par with Kuwait. Every export Kuwait has is from oil..oil, gas, alcohol etc..all made from oil. Iraq has all that and … Continue reading →

Militia Man – Dinar Guru  Article:  “The Iraqi government is currently weighing the question of changing the currency so the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.  Implementing such a decision is likely significantly increase Al-Sudani’s … Continue reading →

Mountain Goat – Dinar Guru   Do they have to RV to make the budget work?  If you take what the prime minister told us about the dropping of the zeros…in an April 2023 article, we can see that taking the 1320 … Continue reading →

Kaperoni – Dinar Guru  Question: “What happens now that the auctions are soon to be over? What does this mean for the  Dinar holders out there Kap?”  It means monetary policy is changing after 20 years to reflect the economic changes in Iraq. … Continue reading →

Sandy Ingram – Dinar Guru    We are looking for the Development Road Project to eliminate the IMF’s concerns over revenue outside of the oil industry and increase Iraq’s GDP to the point of increasing the currency’s value against the dollar as we have … Continue reading →

Militia Man – Dinar Guru   Article:  “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?”  Quote: “Included the project of this new pipeline with an estimated amount of 6.5 billion dinars or … Continue reading →

Clare – Dinar Guru  Article: “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?” Quote: “Iraq’s budget for the current year 2024 allocated an amount of up to 4.9 billion dollars to establish … Continue reading →

Mountain Goat- Dinar Guru  ..the “icing on the cake” for today’s news…It’s about the huge ATM installation and testing going on in Iraq. Why is this so important? We were told by the CBI not too long ago the significance of that … Continue reading →

Pimpy- Dinar Guru  There’s been many people saying come on Pimpy tell me what is your gut feeling about the Iraqi dinar?  I said look, I tell you guys the truth…I’m not going to lie about it…That drives people crazy, I’m … Continue reading →

Clare -Dinar Guru  Article:  “The European Union mission expresses its readiness to cooperate with the Iraqi banking sector”

Sandy Ingram – Dinar Guru Countries could require that their oil be paid for in their currency.  This would greatly affect the Iraqi dinar in a good way for investors.

Samson- Dinar Guru  Article: ”China acknowledges: Iraq is our largest trading partner and must actively participate in the “Belt and Road” and “Development Road” plans.”

Mountain Goat – Dinar Guru   Article:  “DETAILS OF THE MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN IRAQ AND HONEYWELL OF AMERICA”  Quote: “The memorandum that was signed aims to develop projects for developing refineries…noting that “raising the refinery capacity to 40 percent will … Continue reading →

Pimpy – Dinar Guru   Sudani is really doing a remarkable job. …This project [oil pipeline] he’s getting ready to fund, if it’s successful and he pulls this off, this is really going to change the landscape for Iraq, especially against … Continue reading →

Militia Man – Dinar Guru   All we’re looking for now, to some degree, is when are they going show these amendments to be law.  We heard different things about the president having to sign, not sign, we have 15 days time … Continue reading →

Pimpy – Dinar Guru  An RV and a revaluation is the same thing.  People often confuse a reinstatement and a revaluation…they’re two different things…Not only is a revaluation possible but Iraq has done it a few times already …Iraq revalued their currency or … Continue reading →