Category Archives: Uncategorized

Mountain Goat – Dinar Guru    Article:  IRAQ TALKS ABOUT PRODUCING ONE MILLION LITERS OF GASOLINE DAILY   Quote:  “increase refining capacity production rates and improve production in national refineries to reach self-sufficiency and gradually shift to exporting them to global markets…”  Well…well…its … Continue reading →

Militia Man – Dinar Guru  Non-oil revenues…Iraq has the largest sulfur deposit in the world.  They can tap into that.  It’s going to be part of their non-oil revenues.  The amount of natural resources Iraq has is off the charts.  Anything that … Continue reading →

Kaperoni – Dinar Guru  For many years now the process for countries is to create the conditions for economic success, then change their monetary policy to allow their currency to float.  Flotation allows a country’s currency to ascend or descend based … Continue reading →

Paulette – Dinar Guru   Question:  “Is Iraq still on point to enter the WTO on may 9th?”   Iraq has not yet passed the required Product Protection Act and the Steering Committee doesn’t even meet again until “mid-year”.

Clare – Dinar Guru   Article Quote:   “Saleh said…Calls for floating the dinar to end the gap between the official exchange rate and the parallel market may be possible in an economy in which the free market alone influences the movement … Continue reading →

Militia Man – Dinar Guru   Article:  “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate.”  We’ve seen a few articles over the last week openly talking about the types of regiments that are … Continue reading →

Mountain Goat – Dinar Guru   I feel we have been in a critical period of the currency reform program since January of last year 2023.  Now we are in a “vital” period.  Like a game of chess, we are now in a … Continue reading →

Kaperoni – Dinar Guru  It is highly unlikely that any bank will have anything to do with the dinar for quite some time. Banks are conservative by nature and the dinar could be quite volatile once they begin to float.  In … Continue reading →

Pimpy – Dinar Guru  My personal feeling is they are going to take the zeros off.  Do I want Iraq to take the zeros off?  No.  I would hope they would leave it on and then revalue it with a higher exchange … Continue reading →

Militia Man – Dinar Guru  Rebuilding the country is not going to happen anytime soon with 1310…Obviously they’ve got something else in mind because they’ve already said they’ve launched the projects, therefore there’s contracts involved.  What the rates are with the … Continue reading →

Kaperoni – Dinar Guru  I remind everyone just two weeks ago the Central Bank of Iraq announced that they plan to end the currency auctions by the end of the year. If that is the plan, they must have a replacement which … Continue reading →

Clare – Dinar Guru   Article:   “Specialist: Floating the dinar is economic suicide”  Quote:  “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate…adding that floating the exchange rate in the presence of a parallel market and … Continue reading →

Paulette – Dinar Guru  Article:  “Specialist: Floating the dinar is economic suicide”   As Saleh was stating but only stronger wording.

Samson – Dinar Guru  Article: “The largest gas field in Iraq is close to seeing the light: a wealth that will reduce the import bill“

Kaperoni – Dinar Guru  A country’s currency is not some random act. An exchange rate is based on many factors including: reserves, GDP, economic growth etc. Iraq has a long ways to go and must pass laws to encourage investment. Only with the … Continue reading →

Clare – Dinar Guru  Article: “Advisor to the Prime Minister: The dollar exchange rate in the parallel market is gradually approaching the official one”  Quote:  “Saleh, explained the dangers of the exchange rate fluctuations in the event that demands for floating the dinar are … Continue reading →

Pimpy – Dinar Guru  Some of the bigger points we see inside the Iraqi dinar community such as, ‘Let them reinstate the exchange rate to $3.22 the old rate.‘  That’s not the old rate. That’s been a myth for a long time…The … Continue reading →

Militia Man – Dinar Guru  Everything is falling in line for Iraq to go international.  You haven’t see the salaries paid yet…you haven’t seen the oil start pumping yet into Turkey…Why?  Because they haven’t shown us or exposed an international real effective exchange … Continue reading →

Pimpy – Dinar Guru  Community comment “Parliament doesn’t have to vote on a budget…” They do whenever you make  amendments or changes…If you’re going to change something in there you have to vote on the amendments…  Community Question “So  you’re saying if … Continue reading →

Clare – Dinar Guru  Article: “On a tour that included Karbala, Babylon, and Ur… Two American tourists: We felt  completely safe in Iraq”  Quote: “Hudson and Emily Crider, travel the world on a mission to explore each country and document its  cultural experiences…In a … Continue reading →

Nader – Dinar Guru  The budget have to be approved by the parliament…Sudani cannot make a decision by himself…The budget doesn’t have to be approved by parliament…it’s not true.  They have pass by the parliament and parliament have to vote … Continue reading →

Militia Man – Dinar Guru  When you talk about drop the three zeros…Al-Sudani’s goal is to bring purchasing power to the his citizens.  When he said $0.76, that’s purchasing power.  It’s not a lop.  It’s purchasing power.  If you have a … Continue reading →

Pimpy – Dinar Guru  Question:  “If they delete the zeros will our dinars drop in value?”  If you’re in Iraq you don’t lose any value…People who are invested in the Iraq dinar…EXAMPLE:  Let’s pretend like the new exchange rate has changed and you … Continue reading →

Mountain Goat – Dinar Guru    …What will May bring us investors? I have to tell you that April’s news was amazing and I don’t know how the news can top last month except maybe give us what we are looking for. Am … Continue reading →

Dinar Investor – Jeff   Article:   “Parliament expects the arrival of the 2024 budget schedules”  Quote “…There are efforts to guarantee the right of many segments in the items and schedules of the 2024 budget but they cannot be judged without … Continue reading →

Breitling – Dinar Guru  The threat of a lop is still the same as when I got into this investment…The lop question is based on hyper-inflation …verses policy inflation.  The Iraqi dinar is stable.  It goes up, it goes down but … Continue reading →

PompeyPeter – Guest Guru  Sudani has said on several occasions talked about commencement of the reconstruction of Iraq in the month of April.  Salih the economic advisor talked about them spending 50% of GDP in April.  Well he said within … Continue reading →

Militia Man – Dinar Guru  Quote on X [Formally Twitter] There’s some information out there today that says the Central Bank of Iraq’s governor has advised citizens to get ready for a currency exchange…Whether it’s true or not we’re going to … Continue reading →

Samson – Dinar Guru  Article:  “URGENT: Sudanese Advisor: The 2024 budget has entered into force… and there is no need to send its schedules to Parliament”

Militia Man – Dinar Guru  Article:  “We will see the dollar decline in the black market soon…the central bank’s credit rating [from the World Bank] is an A++ and exceeded the United Arab Emirates…”  That’s the prime minister’s advisor talking…That’s phenomenal.  It’s … Continue reading →