Category Archives: Uncategorized
Petra
Petra – Dinar Guru With Kazemi doing what he’s doing and the speech he gave on TV Saturday, telling the country they are about to go international. They are about to support the people. I believe without a shadow of a doubt … Continue reading
Kaperoni
Kaperoni – Dinar Guru One thing I’ve noticed over the last couple weeks is the significant amount of laws that are related to developing Iraq’s economy that they say they are now in the hands of parliament. We’ve heard this all before … Continue reading
Pimpy
Pimpy – Dinar Guru This next week is going to be interesting in a lot of different ways. Let’s see how everything pans out. Let’s see what this [U.S.] bombing [Inside of Iraq] has caused. Let’s see if anything is going … Continue reading
Kaperoni
Kaperoni – Dinar Guru …’program rate’ again. This is a made-up term that is misconstrued from the IMF Article IV Consultations. The exchange rate of the dinar is the exchange rate. It is not a program rate. If and when the dinar … Continue reading
Pimpy
Pimpy – Dinar Guru Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks…a lot of … Continue reading
Pimpy
Pimpy – Dinar Guru Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I’m not saying that’s the rate. I’m saying now that is a more realistic rate given the fact that … Continue reading
Petra
Petra – Dinar Guru It’s very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI…the last two weeks have been off the charts. And … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?” The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The dinar, in a way, is indirectly floating now via the speculators and money exchangers and we see the mess it is creating in Iraq. …Yes, Iraq it is time you put on your BIG BOY … Continue reading
Pimpy
Pimpy – Dinar Guru There’s a lot of chatter about the exchange rate. It just keeps going on and on. It’s very interesting. A little nugget to tease you guys – when the Kuwait dinar changed it changed a couple days after … Continue reading
Kaperoni
Kaperoni – Dinar Guru Over the weekend several articles have surfaced that basically state what I have been saying for several years that the success of the dinar will be based on the economic growth of Iraq that is not rentier, … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “A government advisor bets the improvement of the value of the dinar on several conditions and determines the rate of high inflation” Here we go again. They continue to talk about the value of the dinar in … Continue reading
Pimpy
Pimpy – Dinar Guru …We can wait a little longer…but here’s my thought process. The more surplus they have…then there’s no need for borrowing. There won’t be a deficit in the next couple of year’s budgets and could spend more money … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “A government advisor reveals the goal of the 5 trillion initiative for the Central Bank” This is telling me that the CBI is fully aware of the global monetary polices and circumstances affecting the world … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru A reinstatement based of current fundamentals will and can make it happen. Being fully article 8 will be show time… imo…Having support from having an internationally acceptable currency is imo part of the plan. They need to be successful. … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AFTER THE JUSTIFICATIONS FOR RAISING THE PRICE OF THE DOLLAR IS NO LONGER REQUIRED, DEMANDS TO SAVE THE CITIZEN FROM THE GREED OF TRADERS” Quote: “… justification and motivation not to change the exchange rate … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Parliamentary Finance sends an “urgent” message to the government regarding dollar prices” The news coming out of Iraq the last 7 to 10 days or so has been very positive. Baby steps but you … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru We must keep telling ourselves to remember that VALUE and RATE are two different things. We know for a FACT that the VALUE of the dinar is very high but the RATE to reflect the true … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “The dollar continues to decline against the dinar with the closure of the Baghdad Stock Exchange” Again going in the right direction. It’s doing it in baby steps but it’s going…it got down to around 1470 … Continue reading
Pimpy
Pimpy – Dinar Guru There’s talk again about the exchange rate… Article “The dollar is falling against the dinar with the closure of Baghdad markets” It’s slow mind you, it’s tiny increments, but at least it’s going in the right direction…the Central … Continue reading
Sheila
Sheila – Dinar Guru The CBI is coming out with a controlled float. This means they are going International. The CBI has full control. Kazemi and the CBI will tell their folks that the new CBI building is all ready…one … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “PARLIAMENTARY FINANCE COMMITTEE WARNED THE CENTRAL BANK OF THE COLLAPSE OF THE IRAQI DINAR AGAINST THE US DOLLAR UNLESS SOMETHING IS DONE SOON.” The PRESSURE builds to do something “soon”.
Pimpy
Pimpy – Dinar Guru Article: “Al-Kazemi’s advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar” I remember we used to talk about the exchange rate, why doesn’t the government change it? I said, because they … Continue reading
Kaperoni
Kaperoni – Dinar Guru This past weekend much of the attention was focused on two different articles one discusses implement implementation of the delete three zeros or LOP. The other is when it would be appropriate to float the Iraqi dinar. The … Continue reading
Pimpy
Pimpy – Dinar Guru Looks good you guys. We want outside investors in there. We see the Iraq dinar gaining against the dollar again. We see other countries eager to come in and invest. We see that things seem to have quieted … Continue reading
Petra
Petra – Dinar Guru The Finance Minister said, “the ministries is continuing to open up to the world to conclude the best relations. To open a new horizon of cooperation. To restore its rightful place among the nations of the world. … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “After Barzani’s announcement, a government source clarifies how to pay regions share of the budget” That’s right. They finally came up with an agreement. It only took 13 years, 6 months, 27 hours, 72 minutes and 84 … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article quote: “Kurdistan’s Prime Minister, Masrour Barzani announced, on Tuesday, that an agreement had been reached with Baghdad on the Region’s share of the federal budget.” …the Kurds have a deal that is retro active. That … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “The dollar is falling with the closure of Baghdad markets” They’re starting to lose their trust in the U.S. dollar. It’s something I thought would never happen…I never thought it was possible…we know that the dollar … Continue reading
Petra
Petra – Dinar Guru What is the end game? If you look at the challenges Iraq is having now in regards to the Kurds and they’re threatening a lawsuit. The governance is looking for their HCL money. The countries that are … Continue reading