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
Clare
Clare – Dinar Guru Article: “For the first time in history…a direct air transport line was launched between Erbil and London“
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
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
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
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
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
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
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
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
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
Clare
Clare -Dinar Guru Article: “The European Union mission expresses its readiness to cooperate with the Iraqi banking sector”
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.
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.”
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
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
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
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
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
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
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…
Samson
Samson – Dinar Guru Article: “Early elections in Iraq.. Prime Minister stimulates Al-Maliki’s appetite for a third term“
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
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
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
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
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
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
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
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