Category Archives: Uncategorized

David M. Witty – Dinar Guru   Iraqi Parliament to meet today but not expected to vote on unfilled cabinet positions.

Kaperoni – Dinar Guru  The launch of “golden opportunity” summit with 50 international companies has begun in Iraq.

Mountain Goat – Dinar Guru   Article:  “A “GOLDEN OPPORTUNITY” FOR IRAQI RECONSTRUCTION”   Quote:  “…WILL OPEN THE WAY FOR PRESENTING LARGE RECONSTRUCTION OPPORTUNITIES TO INVESTMENT COMPANIES…”  Oh – yet another investment conference. …There are still 111 bills carried over form the last … Continue reading →

Mountain Goat – Dinar Guru   I agree with Kap in that the CBI has told us this is a 3 year process. So we are now at the end of this process. In fact if we get out of this year … Continue reading →

Kirk H. Sowell – Noted Author  So they managed quorum after all, with 168 MPs, parliament is meeting. But quorum is 165 so that’s a very narrow margin of error if they try to hold a vote, just four could walk out and break … Continue reading →

David M. Witty – Dinar Guru   Iraqi Parliament delays vote on unfilled cabinet positions.  Iraqi Parliament meeting to approve unfilled cabinet positions ends in chaos & shouting among political blocs.

Kaperoni – Dinar Guru   [And The reason why the IMF  is still preventing Iraq to become ARTICLE VIII?]   They are in compliance now but have not had their 2018 Article IV Consultation yet because the government has not been officially formed. … Continue reading →

Sandyf – Dinar Guru  …Although what Kaperoni says is perfectly valid I would not agree. Floating the currency would not be a normal course of action for an emerging economy. Egypt was pushed into a float and look what happened…I doubt if that … Continue reading →

Kirk H. Sowell – Noted Author   So today may be a big day in #Iraq politics, with parliament scheduled to meet…with completing the cabinet of PM Adil Abd al-Mahdi on the agenda. Or maybe it will wimper & fail to make quorum, … Continue reading →

Kaperoni – Dinar Guru  Looks like PM Mahdi will present the rest of his cabinet at tomorrow’s parliament session.

MilitiaMan – Dinar Guru   “Baghdad calls on Washington to cooperate in activating the terms of the Strategic Framework Agreement”  …the SFA…is a check list that has been a work in progress since 01/01/2009 and is still imo in effect, as … Continue reading →

Stryker – Dinar Guru   The time has finally come for the CBI and GOI to deleting the zeros but will they do it?  (economic and political stability = 2019 Budget) 

Mountain Goat – Dinar Guru  Article:  “THE FUTURE OF THE IRAQI DINAR”   So here we go…This article is more explanation of the process to delete the zeros. This is part of the re-education process that had to take place prior to … Continue reading →

ChrisC – Dinar Guru “Iraqi Dinar Exchange Worldwide 4:00 AM Baghdad Time” US Dollar 1 USD = 1,191.0000 Iraqi Dinar 1 Iraqi Dinar = 0.0008 USD I have been watching this and not saying anything for several days, but why is … Continue reading →

Kaperoni – Dinar Guru  Iraq is not in IMF Article VIII as of yet.  Believe me when i say this…when Iraq changes the exchange rate regime and moves to Article VIII you will hear it from me first.

David M. Witty – Dinar Guru   In Iraq, PM Abdel-Mahdi looking at names of 28 candidates for Defense Minister, among them former Speaker of Parliament Jabouri.

Kaperoni – Dinar Guru  Investors will do business with Iraq no matter what the exchange rate is as long as the CBI is an Article VIII. The key is that firms that invest in Iraq are able to get their profits out.

Kaperoni – Dinar Guru   [Isn’t article 8 the reinstatement of their currency on to international trading platforms?]   No.  It is a standard of banking practice.  The dinar is international now, just most if not all banks choose not to trade or do … Continue reading →

MilitiaMan – Dinar Guru  Article:  “260+ attend IBBC Iraq Reconstruction Conference”  Quote:  “IBBC welcomed 260+ delegates to Dubai to discuss ‘Iraq – Reconstruction & Rebuilding, how to deliver Vision’ with expert Industry, Government and International Organisations on 25th November” …This is … Continue reading →

Mountain Goat – Dinar Guru   Is the Iraqi currency International?    …let me debunk this rumor once again about any VISA or MASTER CARD going international and issued from an Iraqi bank.  First, I will once again define what it means for … Continue reading →

Kaperoni – Dinar Guru   ‏ […they have already reduced the money supply.]  …Wrong!  This has not happened.  If it did the auctions would be out of balance.  As said last week from the CBI over 40 trillion is outside of … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The future of the Iraqi currency!”  Quote: “It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate … Continue reading →

Mountain Goat – Dinar Guru   So I would not use this “alleged” past corruption at the CBI for any reason to hold up the reinstatement now. This is moving forward. From all my findings the hold up, if any, would be … Continue reading →

Dinar News Update  [CBI Updated again today] After a fourteen day delay, the CBI reported the market rate for the Iraqi Dinar from November 14th to the 27th [They updated again today – the 28th also]…something is different.  Starting on the 14th they … Continue reading →

Kaperoni – Dinar Guru   [Do you still think the start of the float of the dinar will happen this year?]  Im hoping… but I am waiting for some things to happen first… completion of new GOI, IMF consultation.

ADMINBill   This could be a very interesting week.

Mountain Goat – Dinar Guru   Do they then begin to use the newer even lower denominated small category notes and finally trigger this deletion the zeros project? This will mean a 1:1 within Iraq and a reinstatement of the dinar. But … Continue reading →

Mountain Goat – Dinar Guru   I do know for a FACT that they already recalled and burned over 2/3 of the three zero notes. How do I know this is FACT? BECAUSE THEY TOLD THE PUBLIC OF IRAQ IN THE … Continue reading →

Kaperoni – Dinar Guru   Iraq will float the dinar allowing market forces to dictate.  As investment comes into Iraq, the exchange rate will rise.  Balassa-Samuelson effect!  I think most of us would be happy if the dinar ever equaled the dollar.  … Continue reading →

MilitiaMan – Dinar Guru   …The CBI changing their site to the fractional system they are showing us now ( within 2 weeks) suggests they are or just about are ready to go with the conversion. …Today they talked about Iraq taking her … Continue reading →