Category Archives: Uncategorized

Pimpy

Pimpy – Dinar Guru  Article: “Nechirvan Bargain, Al-Halbousi and Al-Adhari meet with Al-Amiri”  Quote:   “Sadr stuck to his position calling for the formation of a national majority government stressing this excludes the leader of the State of Law coalition Maliki”   It … Continue reading

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Vital Brad

Vital Brad – Dinar Guru   Kuwait – when they revalued their currency they went back up not 1 to 1, they went back up to their previous rate where it got devalued at.  So if that’s the case then Iraq’s … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   …prior to 1990 they [Iraq] were a rentier oil economy and pumped only 1/3 of the oil… They also did not have the agricultural lands developed and certainly did not have the gold reserves or … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   …The “silk road” is huge if they decide to go ahead with it, which I believe they will and almost have to…There is still lots of hope that the reinstatement can happen shortly and I … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru  Articles:  “AL-ZAMILI: WE SEEK TO LEGISLATE A LAW GRANTING A PERCENTAGE OF OIL IMPORTS TO CITIZENS“;  “A DEPUTY PROPOSES DISTRIBUTING THE DOLLAR PRICE DIFFERENCE FUNDS TO THE IRAQIS”  Two articles on this topic this period of excess … Continue reading

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Sandy

Sandy – Dinar Guru  Unbelievable income from oil exports in the first month of this year January 2022.  Article: “Ministry of oil:  Last month’s revenues amounted to more than $8 billion”  At the beginning of the week crude oil reached $91.20 cents per … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru  …As far as Iraq and the reinstatement, we just need to realize that the Central Bank is going to move to conduct the project to delete the zeros and then to reinstate the dinar soon… If Iraq … Continue reading

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Vital Brad

Vital Brad – Dinar Guru  Community comment “Iraq is a sovereign country. No one is going to tell them when to revalue their currency.”  The Finance Minister  FMU has the ability to decide the rate of their currency.  The IMF was the one … Continue reading

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Kaperoni

Kaperoni – Dinar Guru  Iraq will not be randomly changing the exchange rate back to some rate pre-war. Only with the success of Iraq’s private sector economy can the dinar go up in value. It’s not arbitrary or random and the … Continue reading

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Nader

Nader – Dinar Guru  If they do that  [put it back to ‘previous’ 1160]  it will be at like $3.00 in a month…if they put it back on Forex.  Because right now you cannot exchange it on Forex.  You cannot buy … Continue reading

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Pimpy

Pimpy – Dinar Guru  I’m starting to almost change my opinion on where the rate change might happen.  Not an RI or an RV…but you might see a little bit better than…1190 dinars.  I believe the lower value that we’ve seen … Continue reading

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Kaperoni

Kaperoni – Dinar Guru  Iraqi media again today posted an article about new government returning the exchange rate to what it was 13 month ago (not a RV as the guru’s say).  Unlikely to happen because the central bank is responsible … Continue reading

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RVAlready

RVAlready – Dinar Guru  Article:  “The Framework Announces The Move Towards Collecting Parliamentary Signatures To Change The Dollar Exchange Rate”    Remember, this is just grandstanding.  A few things to think on: Parliament does not set rates.  CBI does. It does not … Continue reading

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Vital Brad

Vital Brad – Dinar Guru    “I heard they want to change the rate before they release the budget.”  If we can see the rate in the budget – that’s a big thing that I look for each year when that … Continue reading

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Pimpy

Pimpy – Dinar Guru   I think if they do change the rate it’s going back to where it was before.  Right now you can get 1450 dinars for every 1 dollar and before they devalued it you used to get … Continue reading

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Pimpy

Pimpy – Dinar Guru  …in addition to that the price of oil keeps going up.  Meaning there’s going to be a lot more revenue coming into Iraq than before.  Does that mean they could change the rate to something outrageous like … Continue reading

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Sandy

Sandy – Dinar Guru  These are speculation numbers to help you understand Iraq’s vast wealth potential…The total value of the Iraqi potential oil reserves at an average profit of $75 per barrel over the next 100 years is 360 billion [barrels] … Continue reading

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MilitiaMan

MilitiaMan – Dinar Guru  Article:  “I talked about the stage of “reaping the fruits” .. Chairman of the Investment Authority: We have prepared 70 projects for the state”  The next stage is not going to be at a program rate. The economy … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru  Articles:  “ECONOMIST: IRAQ MAY GET HALF A TRILLION DOLLARS ANNUALLY IF IT IS LINKED TO THE SILK ROAD”;   “THE SILK ROAD ON THE {MORNING} TABLE PENETRATES 70 COUNTRIES AND REVIVES IRAQ’S ROLE IN INTERNATIONAL TRADE”    … Continue reading

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Pimpy

Pimpy – Dinar Guru   Article: “A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar”  Here’s the talk of the town.  Everybody’s talking about a rate change…I still think what’s going to happen is … Continue reading

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Vital Brad

Vital Brad – Dinar Guru  Community comment “No such thing as redemption centers…”  I’ve heard different things on this.  There’s so much opinions out there but when this thing goes International and banks are trading you’re going to be able to … Continue reading

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Nader

Nader – Dinar Guru   Here’s the good news.  From here till next week the rate will go up.  I don’t know if they’re going to RV it or RI it.  Or I have no idea if they’re going to the ‘previous’ … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru  Article:  “A GOVERNMENT MOVE TO FORM A SOVEREIGN FUND IN IRAQ THAT WAS SUPPOSED TO WORK 18 YEARS AGO”   This is all part of the financial stability we are now seeing develop in Iraq. They need stability … Continue reading

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Vital Brad

Vital Brad – Dinar Guru  Community comment “February for sure.”  There’s a lot of people say in February.  It’s gonna depend if Iraq has their government seated or not.  Based on how it’s looking I think they’re gonna get done quicker and … Continue reading

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Sandy Ingram

Sandy Ingram – Dinar Guru   “Iraq’s President Barham Salih nominated by ruling Kurdish party to run for second term”  We do not yet know the fate of the prime minister position.  

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Kaperoni

Kaperoni – Dinar Guru  … Governor Shabibi wanted to reinstate the dinar.  Not true, he was planning to float it.

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BobTheTaxMan

BobTheTaxMan – Dinar Guru   We have found out because I happen to have a contact in Warka that verified the information that we thought was true that they have been pretty much shutting everything down and the CBI is taking it … Continue reading

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MilitiaMan

MilitiaMan – Dinar Guru  Article:  “Iraqi ports confirm that no port in neighboring countries has any impact on Al-Faw”  The automation of the port is going to be a money machine! Likely the next Dubai in context of bigger. Once they go … Continue reading

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Vital Brad

Vital Brad – Dinar Guru  We’re going to see a lot of changes happening.  We’re going to see things tightening down.  More government oversight.  But the good news is people that have prepared, people that do hold some Iraqi dinar IMO … Continue reading

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Vital Brad

Vital Brad – Dinar Guru    …IMO be prepared because I think the system, our currency as a whole is going to go through a crash…and these undervalued currencies like the Iraqi dinar is going to be a currency that benefits … Continue reading

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