Category Archives: Uncategorized

MilitiaMan – Dinar Guru  I believe if one steps back and thinks about the totality of all these [articles] the CBI has provided today, one may take the view that they are clearly talking very loudly! They clearly want the people … Continue reading →

Mountain Goat – Dinar Guru   Sadr already told parliament a week ago to do something about it. Then we heard that this is planned to be fixed before the end of the current parliamentary session and that the PARLIAMENTARY FINANCE HAS … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQI INDUSTRY DELIBERATELY KILLED BY CURRENCY AUCTIONS”  Of course, we as investors all see it too so this news is not new to us. The important part if more and more people in high positions … Continue reading →

Mountain Goat – Dinar Guru   When is the turning point then when Iraq finally moves completely into Article 8 of the IMF charter for member nations and then operates fully in this capacity? …for now this has not yet “fully” happened. … Continue reading →

American Contractor – Dinar Guru   The Iraqi economic conditions are gradually getting better…The country is receiving more foreign investment as its coming in slowly…but the recent conditions like higher oil prices and higher public and private investment…Iraq is getting better.  Iraq … Continue reading →

Mountain Goat – Dinar Guru   Last week the CBI issued yet anther smaller category note (50 dinar) along with the 250, 500 and 1000.   …The CBI is really trying to keep these larger 3 zero notes off the streets (5k, … Continue reading →

Adam Montana – Dinar Guru   We are just about through Ramadan, and this holiday has been a busy one. Historically, nothing significant has happened during Ramadan. To be more to the point, nothing at all usually happens during Ramadan…that has not … Continue reading →

American Contractor – Dinar Guru   In Iraq, they’re articles written every day to mislead you…A week ago, I received information that the Iraq Central Bank (CBI) was distributing old banknotes.  This is a false story.  The CBI is not distributing any Iraqi … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “The Central Bank of Iraq would like to inform all banks that IT IS CONTINUING TO PROVIDE THEM WITH SMALL GROUPS OF THE IRAQI CURRENCY by withdrawing the amounts from the current balances … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “The Central Bank of Iraq has launched the SIFP, which aims to create a regular PARTNERSHIP IN THE FINANCING AND INVESTMENT PROCESS BETWEEN TRADITIONAL AND ISLAMIC BANKS ON THE ONE HAND AND THE … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Parliamentary efforts to open the file “currency auction”   Having the Financial Law in place is nothing new…nor is it new this year per se, as it was enacted 01/13/2019. The key is the amendments were added … Continue reading →

Guest Guru Future – Dinar Guru   Financial management law is part of the government preparation towards monetary reform…it is indeed a huge part of what we seek.

G-Lin – Dinar Guru   Article:  “The House of Representatives votes on the Financial Management Law and ends reading the amendment of the provincial and district elections law”   …This FML is a really big deal. It took them a very long time … Continue reading →

Mountain Goat – Dinar Guru    …they are telling us the auctions (the traditional methods) are no longer appropriate for managing their currency.  …it is in the NEXT Phase in which they intend to implement the changes that effect the currency. I … Continue reading →

Mountain Goat – Dinar Guru   Article quotes: “TO DEVELOP MECHANISMS TO CHANGE THE MONETARY AND MONETARY POLICIES IN THE COUNTRY, in coordination with the Central Bank of Iraq, AIMED AT RAISING THE DINAR EXCHANGE RATE”; “THE CHANGE WILL RAISE THE EXCHANGE … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The House of Representatives votes on the Federal Financial Management Act“   With the CBI talking about issuing small again from account balances, reeks of the Banks know the rate, as they would need to adjust for equivalency … Continue reading →

Adam Montana – Dinar Guru   [I understand oil is over $60 and Iraq has a lot of oil, but oil is only one of the variables…What about; – a fully seated government – HCL, Art 140, FML – IMF Art … Continue reading →

Guest Guru Future – Dinar Guru   Article:  “…The financial management law has been finalized”  Quote:  “A member of the Finance Committee Majida Tamimi confirmed on Thursday the finalization of the Financial Management Law.”  [They said they have voted on the … Continue reading →

MilitiaMan – Dinar Guru   Article:  “THE PARLIAMENTARY FINANCE IS COMPLEMENTED BY THE FINANCIAL MANAGEMENT LAW”  Quote:   “At the end of the meeting, the Chairman of the Committee announced the completion of discussions on the law and readiness to vote in … Continue reading →

Future – Dinar Guru   …we got the new international trade bank in SA opening up, we have the FML to be voted on to raise the value of the dinar and protect foreign investors, we have new atms coming out … Continue reading →

Future – Guest Guru   Article:  “Halabousi receives Assistant US Treasury Secretary”   Quote:  “The meeting discussed the promotion of cooperation between Iraq and the United States of America, especially in the economic and financial fields. The meeting was to enhance the … Continue reading →

Tman23 – Dinar Guru  The only possible time Iraq can lift the zeros is start of July (or 2 weeks prior) or start of the New Year (or 2 weeks prior)… July starts the second half of the fiscal year, it … Continue reading →

Mountain Goat – Dinar Guru    There is no mention of a scheduled timeframe for voting on the current list of candidates for the last of the four ministers.  Coalitions must agree on the candidates of the four ministries vacant, before the … Continue reading →

Frank26 – Dinar Guru   Article:  “Halabousi receives Assistant US Treasury Secretary”  “The meeting was to enhance the prospects of cooperation between the Iraqi and American banks, and the need to develop the Iraqi banking sector and economic reforms through the activation … Continue reading →

Tman23 – Dinar Guru   Surely every IQD holder knew the Shia militias were a problem and that means IRAN…Last post I made was that on May 6th there was to be a huge transfer of funds paid to US by … Continue reading →

 Mountain Goat – Dinar Guru  What does Sadr mean when he says “to give the people back their wealth”?  What he means is this. Supposed someone had 2 million dinars before Oct 2003 worth a rate $3+ per dinar (when … Continue reading →

Mountain Goat – Dinar Guru   …Moqtada al-Sadr spoke in parliament and stated that he wanted the promised reforms and the “wealth of Iraq given back to the nation”.  He is putting pressure on parliament and the GOI to get the reinstatement of … Continue reading →

G-Lin – Dinar Guru   Article:  “Agenda of the session No. (22)Thursday, May 23, 2019”  Quote:  “First: Vote on the draft Financial Management Law. (Finance Committee).”   Vote on FML Thursday I hope.

MilitiaMan – Dinar Guru    Another thing to think about is that Alak is the Vice President now of the AMF and will get the seat as President in the next Session.  Are we to think he got all his awards, has … Continue reading →