Category Archives: Uncategorized
Jeff
Jeff – Dinar Guru Article Quote: “The goal is to reduce dependence on oil revenues which currently dominate the national budget” Remember that is a World Trade requirement for Iraq, to have more than one revenue stream…They’ve got to have taxes…tourism…exports…All of this … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “The US President warned January 27th if Maliki is reelected, America will no longer provide aid to Iraq.“ Everybody in the whole country realizes that whatever aid they get and how important it … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The RV…will NOT happen until the issues with Iran are settled, per my CBI contact…We know this wealth transfer is coming and the RV is part of it…
Clare
Clare – Dinar Guru Article “Iraq and the risks of closing the Strait of Hormuz: financial repercussions and strategic options” Quote: “…A decline in oil revenues…could impact Iraq’s foreign currency reserves at the Central Bank of Iraq, estimated at approximately $110-115 … Continue reading
Jeff
Jeff – Dinar Guru When the US/Iran tensions started increasing, escalating that’s when out of nowhere Iraq had to introduce a delay because they’re not ready to go international until the US/Iran war is done. Because Trump made it very clear that … Continue reading
Militia Man
Militia Man – Dinar Guru As for the comments by the IRG that Hormuz is closed. It was recently but not totally. Traffic has been reduced for commercial tankers, yeah sure. That is presently being addressed as US naval operations are … Continue reading
Clare
Clare – Dinar Guru Article: “Bloomberg: Iraqi oil production has collapsed by about 60% due to the war” Quote: “Bloomberg noted that Iraqi oil production has fallen to 1.7 million barrels per day“
Jeff
Jeff – Dinar Guru I want you to realize how close you are to the rate change. When you look at this more from the angle of what they’re doing versus what they tell you, you can see how close you … Continue reading
Militia Man
Militia Man – Dinar Guru Fundamentals are ready for the REER – real effective exchange rate. They have the revenue streams… electronic payments…the ASYCUDA. All of those things you should be paying attention to…I think the foundation for the country is 100% solid and … Continue reading
Jeff
Jeff – Dinar Guru No body can tell you when the rate is going to change. Right now it can be March. It can be April. It’s based on how long the war takes and how long it takes for Iraq to … Continue reading
Samson
Sandy Ingram
Sandy Ingram – Dinar Guru I want you to truly understand the situation Iraq is in. Iraq’s economy is based on US dollars…They trade mass amounts of monies across the border from Iran. Iran also provides electricity to keep the lights on in Iraq. … Continue reading
Militia Man
Militia Man – Dinar Guru Real effective exchange rate as a simple adjustment can…be simple and electronic. The digital infrastructure …allows instant nationwide propagation. There will be no need for massive physical note exchanges…The CBI can adjust the rate with minimal friction. … Continue reading
Jeff
Jeff – Dinar Guru We all want to know when the rate is going to change. Let’s talk about not only when the rate is going to change…but what’s really happening…Are they even having sessions of parliament? Is the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I encourage you not to give up. Iraq will reinstate the dinar and Trump will move ahead with his plan to revitalize the middle east and Iraq is a huge part of the plan. The Iraqi dinar is … Continue reading
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Mountain Goat
Mountain Goat – Dinar Guru Can the Coordination Framework still be able to pick their candidate or is this now not allowed since they already pasted all the constitutional deadlines? Parliament turned this over to the Judiicary to decide what to do … Continue reading
Samson
Samson – Dinar Guru Article: “MINISTRY OF FINANCE: IRAQ’S REVENUES EXCEEDED 124 TRILLION DINARS DURING THE YEAR“
Militia Man
Militia Man – Dinar Guru Iraq is ready now for integration. The CBI’s actions show the sectors being prepared for the next level. They have a stronger capital base, better ability to finance trade projects. It had digital upgrades…seamless integration with … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq has announced it is reducing production at major oil fields because the Straits of Hormuz is effectively closed. So yes, oil is headed to $100 a barrel, it was $80 a couple of days ago, … Continue reading
Samson
Militia Man
Militia Man – Dinar Guru The CBI can and likely will proceed with a managed REER adjustment independent of the banking sector’s final consolidation. As long as the core system is stable and compliant, which it increasingly is, mergers and compliance are … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Many see light at the end of the tunnel for an IQD adjustment after this conflict is over. We do not know when the IQD will adjust…If Iran is attacking northern Iraq, it is difficult … Continue reading
Jeff
Jeff – Dinar Guru The Trump administration is saying…the overall progress in the war against Iran is far ahead of schedule, far ahead of what’s expected…The more conservative leaning news was saying the war could take ‘up to’ four weeks. I’m thinking right … Continue reading
Clare
Clare – Dinar Guru Article: “First political response to the Chief Justice’s proposals: Al-Khanjar supports the winning list’ criterion” Quote: “The leader of the Sovereignty coalition, Khamis al-Khanjar, affirmed…adopting the ‘electorally winning list’ criterion in determining the largest bloc is a necessary step to … Continue reading
Militia Man
Militia Man – Dinar Guru The stage is set for real effective exchange rate (REER). They have the digital tools. They have the non-oil growth. These things are already in place. It’s complete. I think that’s what they’re doing. We’re waiting for a prudent … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru The IQD exchange rate is holding its own at 1392.52 IQD to 1 USD. This is our main concern… However…Iran is playing an entirely different war than expected. Iraqi force fire teargas at pro-Iran protesters…Iran backed militias also attacked … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “CASH HOARDED IN HOME SAFES AND LOST TRUST IN BANK VAULTS” …once again the CBI exposes the vulnerability of the economy lacking this liquidity in the banking sector. So …the CBI told us there will always be cash … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Remember we have been reading articles like this about this hoarded cash for years now and still not much has been done. This to me makes me believe that the only solution they have currently on … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Oil price have risen to $80 per barrel. This is good news within itself for Iraq. However Iraq has another problem… Article: “Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices higher“