Category Archives: Uncategorized
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
Pimpy
Pimpy – Dinar Guru If we went from where it is now at .00077 all the way up to $3.22, you’re looking at a 4,180% increase in value. The largest amount a currency ever revalued occurred January 1, 1948 when the … Continue reading
Breitling
Breitling – Dinar Guru Question: “The difference between Kuwaiti revaluation and the Iraqi dinar – what’s the difference?” It’s a completely different model…Kuwaiti got invaded. Saddam Hussain stole the printing press, the Kuwaiti version of the Treasury. Stole everything…Iraqi dinar was completely … Continue reading
Pimpy
Pimpy – Dinar Guru Does Iraq have the potential to have a more valuable currency than Kuwait? Yeah absolutely…They have way more resources. As a matter of fact…Iraq is in the top 5 worldwide for the most resources. So, yeah, they have the … Continue reading
Militia Man
Militia Man – Dinar Guru They’re not stopping. We don’t have a date and rate but we can see the progress is before us…They’re gearing to move Iraq to the private sector and to open up to the world…There’s going … Continue reading
Samson
Samson – Dinar Guru Article: “Iraq is the fourth in the Arab world and the 30th in the world in the reserves of Yellow Resonant” [Gold]
Paulette
Paulette – Dinar Guru Question: “I thought they met all the requirements [to join the WTO]?” All the articles say they have legislation that needs to be passed and the next meeting is in the “middle of the year.
Sandy Ingram
Sandy Ingram – Dinar Guru Vietnam Dong (VND): The reason for such a low rate is the transition from a centralized economy to a market-based one…We learned [Vietnam had] over 3 million international arrivals in the first 2 months of … Continue reading
Pimpy
Pimpy – Dinar Guru We’re staying grounded…about the possibility of getting a huge payday. Remember it’s only a possibility, just like there’s a possibility they could re-denominate before they change the exchange rate…Re-denomination has nothing to do with the exchange … Continue reading
Militia Man
Militia Man – Dinar Guru Hypothetically the United States has lets say 5 to 10 trillion dinar. We have a nation debt of $30+ trillion. If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD RESERVES” Quote: “Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “We will soon announce Iraq accession to the World Trade Organization” They haven’t quite said it yet but they’re saying it. Isn’t that telling?
Sandy Ingram
Sandy Ingram – Dinar Guru On Monday of this week the president of Iraq Adbul Latif Jamal Rashid, met with the special representative of the Secretary General of the United Nations in Iraq, Jeanine Hennis-Plasschaert. In that meeting the President of … Continue reading