Category Archives: Uncategorized
Randy Koonce
Randy Koonce – Dinar Guru …there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way … Continue reading
Enorrste
Enorrste – Dinar Guru …I think the answer is clear. They want to make Iraq one of the most powerful currencies in the world. They want to make it a world reserve currency. They announced that some time ago. 8 years … Continue reading
Enorrste
Enorrste – Dinar Guru I don’t think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central Bank of Iraq. When you’re the trustee … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK” Quote: “THE OFFICIAL STRESSED THAT THE GOVERNMENT … Continue reading
Kaperoni
Kaperoni – Dinar Guru The gurus like to constantly state an increase in the value of the dinar will be some random overnight act. That will never happen. If the Iraqi dinar increases in value it will be based … Continue reading
Enorrste
Enorrste – Dinar Guru …They are not just hoping for a floating dinar, they are counting on it. The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent. Only with a strong … Continue reading
Enorrste
Enorrste – Dinar Guru Haven’t had anything to say for a while but now we’re getting close so let’s get into it….[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars … Continue reading
Kaperoni
Kaperoni – Dinar Guru …We’re all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies. There is no arbitrary revaluation or reinstatement. The terms the gurus like to use … Continue reading
Kaperoni
Kaperoni – Dinar Guru [via Baxter] …the Article 4 consultation report… is to be released yet this Month…and that should tell us more about where Iraq is at this point.
Sandyf
Sandyf – Dinar Guru …If we are to gain from this venture then it is not going to come from anything Iraq does. How can people talk about Dinar and Dong in the same breath and then think the answer lies with … Continue reading
Don961
Don961 – Dinar Guru Article: “Paying with plastic? Iraqis weigh pros and cons” Quote: “In Iraq’s cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops … Continue reading
Sandyf
Sandyf – Dinar Guru …Govt does not Drop the zeros…CBI does…Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval. Deletion of the 3 zeros in … Continue reading
Kaperoni
Kaperoni – Dinar Guru [77% of the world’s transaction revenue touches an SAP system! They are HUGE! They…wouldn’t set up shop in Iraq for fun! …They have seen the potential & want to get in on the ground floor!] Yes! It’s … Continue reading
Delta
Delta – Dinar Guru [What if the central bank stopped selling the dollar?] Article quote: “It may be necessary to resort to other mechanisms that are quite different from what is currently being used.” WHAT’S NEXT? …DETERMINE THE PRICE GLOBALLY…
DELTA
DELTA – Dinar Guru Article quote: “The file of the “auction of hard currency” in Iraq to the forefront after the comments of deputies in parliament, demanding the Prime Minister and the Supreme Judicial Council and the public prosecution in … Continue reading
Chattels
Chattels – Dinar Guru Article: “Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi” Quote: “The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi … Continue reading
Adam Montana
Adam Montana – Dinar Guru There will never be an absolute perfect set of circumstances under which Iraq “can” or “should” or “must” change the value of their currency. I see a fair amount of comments from people stating something … Continue reading
Adam Montana
Adam Montana – Dinar Guru Article: “Oil and gas laws: a crux of Erbil-Baghdad tension” Back in the forefront of ReValuation (RV) news…HCL. We’ve made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?” …another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today…does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …why would parliament form a separate finance committee…just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented. It … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Many of you still ask me about 800#s…You ask if all of this is really going to happen? I have said it before and I am saying it again. There are already 800#s published. The … Continue reading
Chattels
Chattels – Dinar Guru Article: “Distribution of the instruments of Article 140 on Kurdish families” The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a … Continue reading
Sandyf
Sandyf – Dinar Guru People should note that Iraq was effectively removed from UN Chapter 7 in 2013 when the Kuwait missing persons issue was transferred to Chapter 6. Quote: “the United Nations Security Council decided on 29 June to address … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru As at this stage…I don’t think we have ever been in such a good place as we see now from what they CBI is telling us. They clearly state the positive effects of the reduction in the … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article quotes: “…the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy…”; “…there were comments from the audience and views and proposals on … Continue reading
Chattels
Chattels – Dinar Guru “The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest “, Lutes said…” “We know that Iraq and the Kurdistan Region of Iraq are … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st.” …look at his deadline date – Oct 1st.
Mountain Goat
Mountain Goat – Dinar Guru Article: “CBI ENCOURAGES BANKS IRAQ TO DEPLOY ELECTRONIC PAYMENT TOOLS REPRESENTED BY ATM AND POS” Note this article DOES NOT say that the lower denominations (1, 5,10,25,100,.25, .50, etc..) are now available in the ATMs.