Category Archives: Uncategorized
Samson
Samson – Dinar Guru Article: “Central Bank Governor Announces Understanding with US Treasury to Review Sanctions on Banks“
Pimpy
Pimpy – Dinar Guru I was hoping you guys caught this part of this paragraph… Article quote: “The Iraqi government is currently weighing the question of changing the currency.” That should have told you everything you should have known right … Continue reading
Militia Man
Militia Man – Dinar Guru Iraq is going to go through that industrial revolution because they’re going to rebuild the country. The evidence is quite clear. The fascinating part about it is we had Al-Sudani/his government say they were going to … Continue reading
Pimpy
Pimpy – Dinar Guru It [the article] doesn’t say the exchange rate is $1.32, more likely what it is Al-Sudani will change the exchange rate where you can buy 132 dinar for $1. That’s a 90% increase. I don’t know … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …the Chairman of the Finance Committee stressed, and I quote: “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the … Continue reading
BGG
BGG – Dinar Guru Article quote: “The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Don’t be discouraged, the currency reform and banking process has come a very long way in a short period of time since January 2023 compared to waiting since 2011, when the plan originated with the … Continue reading
Pimpy
Pimpy – Dinar Guru I hold millions of dinar and people act like I don’t want the $3.22 exchange rate with the current currency, ‘No, Pimpy doesn’t like it. He doesn’t believe in it.’ What the hell are you talking about? I own … Continue reading
Clare
Sandy Ingram
Sandy Ingram – Dinar Guru OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year…Iraq is losing anywhere from $2 to $3 billion a month in OPEC’s volunteer program to … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “Economics website: A new application enhances investment movement in Iraq” Quote: “…The new index, called (RSISX Total Return), compares currency exchange rate changes and the returns achieved.” It is not surprising they have a new RSISX … Continue reading
Pimpy
Pimpy – Dinar Guru Can the Iraqi dinar get as valuable as a Kuwait dinar? Of course it could. There’s a lot of hurdles there. Are they [Iraq] going to be reinstated? No. Two different stories. The invasion and occupation [of Kuwait] was about 7 … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru This Saturday I had my normal call to my CBI contact in Iraq and was told they too are waiting for the signal to go ahead with the Project to Delete the Zeros. This is the next … Continue reading
Paulette
Paulette – Dinar Guru Sistani set…3/12/24 as the first day of Ramadan…Note, IMO, Kuwait Reinstated their currency during Ramadan in 1991…therefore, it appears that it very well can be possible to see Iraq change their currency structure during Ramadan.
Militia Man
Militia Man – Dinar Guru This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani. Article quote: “The Iraq government is currently weighing the question of changing the currency so that the … Continue reading
Pimpy
Pimpy – Dinar Guru Does Iraq have the ability to be similar to what Kuwait has? Of course it does, but they got a long way to go…When I first started talking about the Iraqi dinar, I thought Iraq is going to … Continue reading
Samson
Samson – Dinar Guru Article: “The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is … Continue reading
Moutain Goat
Moutain Goat – Dinar Guru Article: “THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE” Quote: “On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil … Continue reading
Pimpy
Pimpy – Dinar Guru You can still see Iraq is taking the steps necessary to deal with corruption, update all their systems so they can keep better track of things and continue down the path to joining the international community…Iraq has … Continue reading
Clare
Clare – Dinar Guru Article: “Advisor to the Prime Minister: The stability of the exchange rate gives relative stability to gold prices” Quote: “The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the relative stability of gold prices in Iraq … Continue reading
Nader
Nader – Dinar Guru Article quote: “The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury’s dealings with Iraqi banks…There is an effort to lift the sanctions…” They need to take off the sanctions of … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru IMF’s report on Iraq’s economy. This is a critical report dealing with Iraq’s…financial future…Iraq could easily be on the path to a higher exchange rate depending on how the country responds to the IMF recommendations…Iraq’s … Continue reading
Militia Man
Militia Man – Dinar Guru They’re not going to…build a country at 1310. The math doesn’t work. I don’t care how many times people try to figure that out. Think about it for a second…1310 dinars to buy a pencil … Continue reading
Pimpy
Pimpy – Dinar Guru What is the difference between a mixed economy and a market economy? In a mixed economy the government plays a more active role in regulating and controlling certain aspects of the economy while in a market economy, … Continue reading
Clare
Clare – Dinar Guru Article: “With its rise locally… Iraq’s gold reserves were revealed” Quote: “The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the size of the Iraqi gold reserve at the Central Bank of Iraq…Monetary gold … Continue reading
Pimpy
Pimpy – Dinar Guru Deleting the zeros off the currency will not change the price on the ISX [Iraqi Stock Exchange]. Changing the exchange rate will have an impact on the ISX.
Clare
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq’s stock market – A joke to many, a profit for others. Article: “Nasdaq signs New Agreement with Iraq Stock Exchange”. This new Iraqi dinar stock market is now electronic and instead of taking three weeks for … Continue reading
Militia Man
Militia Man – Dinar Guru Everybody realized they have all these income streams. You realize it’s not just going to be oil. The non-oil revenues, tourism, agriculture, liquid natural gas, natural resources, all those are going to be part of the … Continue reading
Paulette
Paulette – Dinar Guru Community Comment: “…The rate doesn’t matter but “freedom of movement of capital” is important. That is Article 8 compliance.” They cannot be Article 8 compliant if the country is functioning under a MCP. A MCP [Multiple Currency … Continue reading