Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   In today’s news…we have two members of Al-Zaidi’s cabinet the communications director and now a member of the Finance Committee (which is ‘BIG’) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing … Continue reading →

Reset Intelligence – Dinar Guru  Hiring a fiduciary adviser is the moment a windfall either stays yours or starts leaking…You are the client. A lawyer, a trustee, a banker, and a trust provider all work for you, and the terms you … Continue reading →

Jeff – Dinar Guru   Adjusting zeros on currency has everything to do with inflation.  If they add zeros they devalue  it.  If they remove zeros, they’re strengthening the value.  That’s all that it means.  Not rocket science…Our notes are going to  remain the … Continue reading →

Stephen – Dinar Guru  Are the banks going to accept your Iraqi dinar? … If you ask your bank today if they deal with Iraqi dinar, they are going to tell you they do not deal with it today. Depending on if … Continue reading →

Militia Man – Dinar Guru  A coordinated REER style adjustment remains the more feasible and credible path…What’s been taking place, modernization, formalization, transformation…is part of that whole scenario…Everybody’s moving forward doing  the best they can and working toward the end which is … Continue reading →

Sandy Ingram – Dinar Guru    Importing…revenues are scheduled to exceed…$2.6 to $2.7 billion by the end of 2026 which will be the highest annual customs revenue in Iraq’s entire history…Reform paid off big…Iraq implemented the ASYCUDA automatic customs system…The systems make … Continue reading →

Pimpy – Dinar Guru  A removal, a lopping, a redenomination, a deleting of the zeros, it’s all the same thing…We don’t want them to remove the zeros.  We want them to change the exchange rate…and leave the zeros on there.  That’s what … Continue reading →

Clare – Dinar Guru  Article: “The central bank denies printing a new currency with zeros removed” Quote: “A statement from the bank said…we deny that the bank has printed new Iraqi currency with zeros removed…any future project related to restructuring currency denominations … Continue reading →

Jeff – Dinar Guru  The troops talked about maybe being out prior to September 30th, maybe around September 15th.  Could that speed up the rate change? …No…Here’s why…Banks planned, prepared, drafted the rate change.  They schedule everything.  If the agreed upon date was … Continue reading →

Stephen – Dinar Guru  No one knows the date.  No one knows the rate.  But from everyone I’m talking to that are smart, intelligent, wise, non-hopium type people, they’re all saying, ‘Start getting your ducks in a row.  Start preparing.’  Establish your cost … Continue reading →

Mountain Goat – Dinar Guru   …so many articles on removing the zeros and what to do about the monetary reform…Why in hell would they do this if not a major effort to initiate this event. Remember also I am on the phone with … Continue reading →

Clare – Dinar Guru   Article:  “Lawmaker: Iraq Plans Dinar Redenomination But Law Still Awaits Approval”  Quote:   “Dinar redenomination requires a formal law, parliamentary readings, and a final vote.  The currency reform will not alter the dinar’s exchange rate against the dollar…However, Iraqi … Continue reading →

Stephen – Dinar Guru  If your bank is telling you they’re not accepting Iraqi dinar, don’t get worried.  Don’t get stressed.  That is a typical common response because banks only deal in absolutes.  They don’t deal in speculation.  They don’t deal in hypotheticals.  As dinar … Continue reading →

Jeff – Dinar Guru   Iraq times and delays their actions around what is the rate change date.  Article:  “Iraq cabinet nears completion, only 2-3 ministers unresolved”  This is being timed and delayed…I would set your sights on…around mid-September…When it comes to the … Continue reading →

Reset Intelligence – Dinar Guru  Question: “Does the redenomination and the evaluation happen at the same time?”    An exchange opens with a window and a deadline.  Bring the old notes to a bank and you get the new ones.  Hold out and on … Continue reading →

Militia Man – Dinar Guru  Article: “A crisis of confidence and a cash economy:  Round 97 trillion Iraqi dinars are outside the banking system”   roughly 90- 97 trillion dinars sitting outside the formal banking system out of about 105 trillion issued…Roughly two-thirds…is actively … Continue reading →

Clare – Dinar Guru   Article:  “Despite government denials, a member of the Finance Committee confirms the imminent removal of zeros from the dinar” Quote: “the Iraqi government received recommendations from international bodies, including the United States, to remove zeros from the Iraqi … Continue reading →

Kaperoni – Dinar Guru  Several delete zeros LOP articles are now coming out. But these are not official and they are not the decision of the CBI.  In my opinion they are just to combat speculators.  It is contrary to what Iraq is … Continue reading →

Sandy Ingram – Dinar Guru  It’s not the news we were hoping for…The new regional Central Bank of Iraq’s governor told parliament’s finance committee that Iraq’s foreign currency reserves have fallen from approximately $109 billion to $77 billion.  This is a decline … Continue reading →

Stephen – Dinar Guru  There is an acceleration period happening right now that I don’t think anyone can deny.  Even if you’re not a bullish dinar revaluation investor, you could still look at the country of Iraq and say, you know what, a … Continue reading →

Clare – Dinar Guru   Article  ”US pressure on Baghdad to expedite the removal of zeros from the dinar to curb money laundering”  Quote: “the approval of this project will strip the old currency denominations of their legal tender value and stop their circulation … Continue reading →

Jeff – Dinar Guru   You’re lucky to see one or two deleting the zeros articles per year…There was 10 to 15 articles in one day.  Ever since there’s been one or two every other day since two Sundays ago.  Today there … Continue reading →

Clare – Dinar Guru  Article: “Iraq to introduce new banknotes with three zeros removed“ Quote:  “Iraq intends to remove three zeros from its currency to modernize financial transactions, reduce physical cash circulation, and return stockpiled funds to the official banking system… Under the … Continue reading →

Mountain Goat – Dinar Guru   I have to tell everyone that there are new events that lead us to strongly believe that there is once again a target of January 2027 for a reinstatement. This means they will have to remove … Continue reading →

Stephen – Dinar Guru  There’s been a lot of talk in the dinar community about the redenomination.  Since last week it has taken the entire dinar world by storm, arguing and saying Iraq is going to cut three zeros, it’s going to … Continue reading →

Jeff – Dinar Guru  Question: “Can Iraq be a sovereign country October 1st without changing the rate?” Jeff:  Not 100%.  To be sovereign a country needs to have full control and freedom over their money, what they’re allowed to do with it…So, … Continue reading →

Reset Intelligence – Dinar Guru  A peg is a decision a country makes once and then defends for good…Iraq put that chart on television 37 days before the deadline that settles who holds the country’s weapons.  Behind it sits a budget that has … Continue reading →

Samson – Dinar Guru  Article: “DEPUTIES AND EXPERTS: SEPTEMBER 30TH IS A HISTORIC MILESTONE FOR ACHIEVING FULL SOVEREIGNTY AND LAUNCHING A PHASE OF PARTNERSHIPS AND DEVELOPMENT“

Militia Man – Dinar Guru   Purchasing power vs. redenomination  –  What’s the difference?  With a redenomination there’s no purchasing power.  It does “ease of use”…A straight redenomination, simply deleting zeros and issuing new notes, changes the unit of account – 1,000 … Continue reading →

Militia Man – Dinar Guru   How is Purchasing Power different?  Purchasing power is what a dinar can actually buy in goods, services and foreign currency.  That is determined by real fundamentals…the credibility of monetary policy and the willingness of the … Continue reading →