Category Archives: Uncategorized

Mountain Goat

Mountain Goat – Dinar Guru   “WHENEVER A RESERVE OF HARD CURRENCY IS INCREASED IN THE STATE TREASURY, THE VALUE OF THE LOCAL CURRENCY RISES.”   WOW! Could this also be yet another reason why the CBI is waiting to RI? They need … Continue reading

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Don961

Don961 – Dinar Guru   Article:  “Al-Araji: Sadr may launch a project against the government of Abdul Mahdi and Abadi will return”   Quote:  “The political ground is ready for Sadr’s reform project,” he said, adding that “there is political and popular … Continue reading

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David M. Witty

David M. Witty – Dinar Guru  In Iraq, source close to Muqtada Sadr says Sadr considers PM Abdel-Mahdi a failure & that his government will likely fall soon. Sadr is signalling this to political blocs. PM has done nothing. 

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Mountain Goat

Mountain Goat – Dinar Guru   The news pouring out of Iraq now is all about Iranian influence and how it is negatively effecting Iraq and the currency reform process. When we see such a number of articles concentrating all on … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   Article:  “COOPERATION OF AMERICAN COMPANIES TO ENTER IRAQ, ESPECIALLY IN FOUR PROVINCES” Quote: “This year will see a great opening and a clear renaissance in the country.”  This is all fine but how will the … Continue reading

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Larrykn

Larrykn – Dinar Guru    the pressure on the CBI is a good thing…they talk about opening the ATM machines to pay salaries and such.  If we look at the destruction that happen over there I believe they need more banks with … Continue reading

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Kaperoni

Kaperoni – Dinar Guru  Folks need to understand, Iraq is not going to raise the value of their currency arbitrarily.  If it goes up in value it will be because the world helped Iraq rebuild and prosper.  New central bank article today … Continue reading

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Larrykn

Larrykn – Dinar Guru   they have raised their currency one time since they were put of the artificial rate that went from 3000 to 1200…they have floated with the dollar since then.  once they go into Art 8 and come out … Continue reading

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Chattels

Chattels – Dinar Guru  [So,will the GOI be completed today?]  Parliament adjourned until the 23rd the last that I saw/read.

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Kaperoni

Kaperoni – Dinar Guru   …substantial investment will cause pressure on the CBI. This is why the CBI needs a tool to counter such. That tool is the a liberal exchange rate regime (float) to allow the gradual appreciation of the currency … Continue reading

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Kaperoni

Kaperoni – Dinar Guru  Iraq needs to complete the government and parliament needs to pass the laws before it can open up to investors/investment.  Nobody coming otherwise.   [Can all of that be done in a short time?]   Sure if they decide to … Continue reading

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Adam Montana

Adam Montana – Dinar Guru   Oil saw a nice upward spike yesterday. We’re not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction…I’m not saying … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   So far, no voting in parliament on the last 4 ministers. Saturdays promised voting was not completed and postponed yet again. However no new date was confirmed or announce right away. Article quote:  “The candidate of … Continue reading

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Kaperoni

Kaperoni – Dinar Guru    …an article that said they would not float the dinar…could be interpreted in two ways. 1. being they won’t float (which makes no sense because they then would not have the tool they need to counter inflation … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru    I can say that I have heard many rumors about the readiness for the launching of the new smaller category notes, however you would think that, if these rumors where true, we would see multiple … Continue reading

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EHankins

EHankins – Dinar Guru  Education for and to the citizens on the Nasdaq billboard… this must not fail. This is a perfect opportunity for them to learn…they are IMO. WE KNOW THIS… have known this for a long long time.  … Continue reading

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Larrykn

Larrykn – Dinar Guru    […do you guys know when they will finish the remaining 4 cabinets?]    …parliament meets tomorrow , we shall see what happens then.

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Larrykn

Larrykn – Dinar Guru   Article quote: “Breaking   The IMIS candidate for the interior ministry in Adil Abdel al-Mahdi’s cabinet, Falih al-Fayyadh has officially withdrawn his candidacy bid…”  this might open the door to complete the cabinet.

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Kaperoni

Kaperoni – Dinar Guru   There are two ways to interpret what the CBI is talking about when they mention “deletion of zeros. It may be honest and part of the plan (when they interpretation of what they really mean applies) or … Continue reading

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Kaperoni

Kaperoni – Dinar Guru   As for how fast the dinar could rise…just look back at 2004-2005 when the CBI  under Dr. Shabibi unpegged for about 6 months and reduced inflation from about 33% to 5% or less raising the dinar exchange rate … Continue reading

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Kaperoni

Kaperoni – Dinar Guru   Many think the dinar could never free float and must be some sort of manage float. They may be right!   I …do not really care what type of float it is other than that is how monetary … Continue reading

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Larrykn

Larrykn – Dinar Guru   I think that fact that they are opening the ATM, is good, I think they can reduce the note count when they pay salaries thru the ATM and use the visa cards. 

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Mountain Goat

Mountain Goat – Dinar Guru   So the parliamentary session was held on Saturday. The big question is – Did they vote on the remaining 4 ministers?  NO voting was conducted as promised would happen. Go figure…This is very important because we know … Continue reading

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Larrykn

Larrykn – Dinar Guru      Article:  “The Cabinet issued a directive for international institutions and funding on borrowing”  This sounds like they are trying to get a handle of corruption, no loans without their approval…if they don’t…we don’t see what we … Continue reading

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Larrykn

Larrykn – Dinar Guru  There were articles back in 2013 that Iraq was testing rates around $1.13 to 1. 20. Why would they do that if they were going to start at 1190?

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MilitiaMan

MilitiaMan – Dinar Guru   …Then…the Launch of the electronic signature next week. Well that is for speed and security in the movement of capital. Safe, secure and fast. So what we are seeing is the advance stage of implementation of the … Continue reading

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MilitiaMan

MilitiaMan – Dinar Guru  Articles:   “NASDAQ in New York City to raise the name and logo of the Iraqi market for securities“;   “Communications: Launch of electronic signature next week”   The above data is effectively telling us a few things. Firstly they appear … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   I…heard some ridiculous chatter about a LOP…If there was going to be LOP they would have already done it and not be sending out countless articles on the project to delete the zeros and valuation … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   There was a recent news article stating that 80% of all Iraqis still do not have electronic banking and bank accounts. …this simply is NOT the case. If this was the case the CBI could not … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   The news today is all about the upcoming expectations to vote on the remaining last four ministers. We have to remember that a long-standing condition to reinstate the currency of Iraq is to have a “fully” formed … Continue reading

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