Category Archives: Uncategorized

Militia Man

Militia Man – Dinar Guru    Iraq is still moving forward with their monetary reform and the project to delete the zeros. Alaq has stated this and Sudani refers to it. In the 2024 budget they mention numbers that mirrors what … Continue reading

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Clare

Clare – Dinar Guru  Article: “For the first time in history…a direct air transport line was launched between Erbil and London“

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Mailman17

Mailman17 – Dinar Guru  Some gurus state that Iraq has to have more than oil to export to be on par with Kuwait. Every export Kuwait has is from oil..oil, gas, alcohol etc..all made from oil. Iraq has all that and … Continue reading

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Militia Man

Militia Man – Dinar Guru  Article:  “The Iraqi government is currently weighing the question of changing the currency so the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.  Implementing such a decision is likely significantly increase Al-Sudani’s … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru   Do they have to RV to make the budget work?  If you take what the prime minister told us about the dropping of the zeros…in an April 2023 article, we can see that taking the 1320 … Continue reading

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Kaperoni

Kaperoni – Dinar Guru  Question: “What happens now that the auctions are soon to be over? What does this mean for the  Dinar holders out there Kap?”  It means monetary policy is changing after 20 years to reflect the economic changes in Iraq. … Continue reading

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Sandy Ingram

Sandy Ingram – Dinar Guru    We are looking for the Development Road Project to eliminate the IMF’s concerns over revenue outside of the oil industry and increase Iraq’s GDP to the point of increasing the currency’s value against the dollar as we have … Continue reading

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Militia Man

Militia Man – Dinar Guru   Article:  “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?”  Quote: “Included the project of this new pipeline with an estimated amount of 6.5 billion dinars or … Continue reading

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Clare

Clare – Dinar Guru  Article: “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?” Quote: “Iraq’s budget for the current year 2024 allocated an amount of up to 4.9 billion dollars to establish … Continue reading

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Mountain Goat

Mountain Goat- Dinar Guru  ..the “icing on the cake” for today’s news…It’s about the huge ATM installation and testing going on in Iraq. Why is this so important? We were told by the CBI not too long ago the significance of that … Continue reading

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Pimpy

Pimpy- Dinar Guru  There’s been many people saying come on Pimpy tell me what is your gut feeling about the Iraqi dinar?  I said look, I tell you guys the truth…I’m not going to lie about it…That drives people crazy, I’m … Continue reading

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Clare

Clare -Dinar Guru  Article:  “The European Union mission expresses its readiness to cooperate with the Iraqi banking sector”

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Sandy Ingram

Sandy Ingram – Dinar Guru Countries could require that their oil be paid for in their currency.  This would greatly affect the Iraqi dinar in a good way for investors.

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Samson

Samson- Dinar Guru  Article: ”China acknowledges: Iraq is our largest trading partner and must actively participate in the “Belt and Road” and “Development Road” plans.”

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Mountain Goat

Mountain Goat – Dinar Guru   Article:  “DETAILS OF THE MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN IRAQ AND HONEYWELL OF AMERICA”  Quote: “The memorandum that was signed aims to develop projects for developing refineries…noting that “raising the refinery capacity to 40 percent will … Continue reading

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Pimpy

Pimpy – Dinar Guru   Sudani is really doing a remarkable job. …This project [oil pipeline] he’s getting ready to fund, if it’s successful and he pulls this off, this is really going to change the landscape for Iraq, especially against … Continue reading

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Militia Man

Militia Man – Dinar Guru   All we’re looking for now, to some degree, is when are they going show these amendments to be law.  We heard different things about the president having to sign, not sign, we have 15 days time … Continue reading

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Pimpy

Pimpy – Dinar Guru  An RV and a revaluation is the same thing.  People often confuse a reinstatement and a revaluation…they’re two different things…Not only is a revaluation possible but Iraq has done it a few times already …Iraq revalued their currency or … Continue reading

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Kaperoni

Kaperoni – Dinar Guru Question:  “The redenomination talk keeps popping up; issuing new notes without the three zeros.  Which as you have already commented; ‘is a neutral event’ …If Iraq did actually do this, when would make more sense, before or after … Continue reading

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Clare

Clare – Dinar Guru  Article: “Tracy Jacobson: I will advance American interests and fight militia influence in Iraq”  Quote:  “Tracy Jacobson, US President Joe Biden’s nominee for the position of US Ambassador to Iraq, gave her opening remarks before the Senate … Continue reading

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Pimpy

Pimpy – Dinar Guru  Article: “Iraq is preparing to establish a project that changes the oil map”.   Does it affect energy producers?  Oh, it’s going to change the map alright!  If they can accomplish this, this is really going to be huge…

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Samson

Samson – Dinar Guru  Article: “Early elections in Iraq.. Prime Minister stimulates Al-Maliki’s appetite for a third term“

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Mountain Goat

Mountain Goat – Dinar Guru   …the economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund. …Unlike the CBI reserves that are mandated by the IMF to cover the government expenses … Continue reading

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Kaperoni

Kaperoni – Dinar Guru For the past 2 to 3 years now Iraq has been trying to diversify their economy so that they are not totally dependent on oil. Although there has been progress, technically they still have at least 85% dependence … Continue reading

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Paulette

Paulette – Dinar Guru  Community Reminder [“He pointed out that the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years, pointing out that this period will enable the central bank … Continue reading

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Pimpy

Pimpy – Dinar Guru  If there’s an exchange process all banks that are dealing in currency exchanges will be involved.  All you have to do is find your local bank that buys and sells foreign currency and just wait for the restrictions to … Continue reading

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Nader From The Mid East

Nader From The Mid East – Dinar Guru   Article:   “Iraq Bulks Up Gold Reserves, Inch Up World  Rankings”  Quote:  “Their holdings have grown to 145.7 tons, a bump of over 3 tons compared to 142.6 tons the previous month.  This … Continue reading

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Sandy Ingram

Sandy Ingram – Dinar Guru   Some of you appear to have lost faith…We know Iraq will thrive if there are no full – blown wars and even then the oil revenue would continue to go up.  No one is … Continue reading

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Clare

Clare – Dinar Guru  Question: “Since Iraq is removing the zero’s in-country then giving its citizens new currency at  an increased rate (greater than $1.00), will they remove the zero’s out of country (for us) before we can exchange? Will our 25K  … Continue reading

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Militia Man

Militia Man – Dinar Guru   If they have a real effective exchange rate like al-Sudani said, that the dinar is going to be stronger than the dollar, the parallel market goes away…Obviously the stronger the currency is the cheaper it … Continue reading

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