Category Archives: Uncategorized
Kaperoni
Kaperoni- Dinar Guru One of the options in Iraq has been to create a new currency that will replace the existing dinar. This is in essence a LOP or near neutral event. Not what we want to see.
Pimpy
Pimpy – Dinar Guru Community Comment “An old 1000 dinar will be worth $3.21 x 1000 dinar = $3,210.” No it won’t. Not at all. They’ll just look at [your 1000 note] and know this is the old currency and … Continue reading
Jeff
Jeff – Dinar Guru When they said the rate is going to be 1 to 1, they’re not telling you the value is going to be a dollar…They will never tell you what the exchange rate is going to be. 1 … Continue reading
Samson
Militia Man
Militia Man – Dinar Guru Iraq’s got a massive amount of dollar reserves/foreign reserves. They’ve increased their gold supply…That suggests they’re in good shape. They’ve got some security and…stability. I think everybody’s starting to realize security and stability has been a … Continue reading
Clare
Clare – Dinar Guru Article: “Iraqi banking system..A significant increase in the number of bank accounts and the volume of deposits for citizens” Quote: “The banking system in Iraq is gradually regaining citizens’ confidence…In Iraq, economic and political challenges over … Continue reading
Jeff
Jeff – Dinar Guru They are having meetings right now to talk about the withdrawal of US troops starting in September. For them to pull the troops out they had to have already revalued and fully completely paid the US back, US … Continue reading
Militia Man
Militia Man – Dinar Guru All this time they’ve been doing all these meeting in Washington. About 48 hours ago they have come up with an agreement…to reduce forces…Alaq went to Washington about 10 days ago, unannounced visit. He met with the … Continue reading
Samson
Samson – Dinar Guru Article: “Baghdad submits a proposal to Washington to withdraw international coalition forces“
Clare
Clare – Dinar Guru Article: “Cooperation in communication and training… Washington talks reveal a new Iraqi-American understanding“
Pimpy
Pimpy – Dinar Guru Article: “Iraqi bank announces investment deposits with returns up to 10%” that’s a really good return…Imagine if 20 years ago you’d have made a deposit and been able to get back 10% back annually while it’s just … Continue reading
Pimpy
Pimpy – Dinar Guru If you’d been holding on to your dinars for at least 10 years you have more than doubled your money. That’s not including any change to the exchange rate, because if the exchange rate changes, then you … Continue reading
Jeff
Jeff – Dinar Guru Everything is pointing to…August. I really feel that’s when the rate is changing…Everything seems to be hovered and centered around the nucleus of August being their accession to the World Trade. Somewhere around mid-August. That’s when we’re going … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq Registers 324 Local Companies, 27 Foreign Branches, in June” Quote “The Companies Registration Department of Iraq’s Ministry of Trade said it has successfully processed the establishment of 324 national companies and registered 27 branches of foreign … Continue reading
Jeff
Jeff – Dinar Guru President signed off on…the budget on June 27th. I want to show you a pattern here…Issue number 4781 published in the Gazette on July 1st 2024…then…they skip issue number 4782 and advance to 4783…published on July 8th. … Continue reading
Samson
Samson – Dinar Guru Article: “IMF: Iraq increases its gold reserves to 148 tons” Quote “Data from the International Monetary Fund showed an increase in gold reserves in Iraq…Iraq increased its gold holdings by 2,644 tons to 148,305 tons in May 2024.”
Clare
Clare – Dinar Guru Question: “Any idea on how long this 3rd meeting / WTO ACCESSION period will last?” NO, I HAVE NO WAY OF KNOWING… BUT IN MY OPINION, THEY REALLY ARE TRYING TO GET IT DONE AS QUICKLY AS POSSIBLE. HOWEVER, … Continue reading
Militia Man
Militia Man – Dinar Guru I think Iraq’s pretty hot right now… Sudani…is kicking butt and taking names…Everybody’s got an interest because the Development Road Project is going to provide a lot of opportunities for a lot of different people in … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place…I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online … Continue reading
Samson
Samson – Dinar Guru Article: “US delegation confirms to Finance Minister: We are ready to support Iraq in achieving economic development“
Clare
Clare – Dinar Guru Article: “A high-ranking security delegation arrives in Washington to hold a round of talks to end the coalition’s mission“
Sandy Ingram
Sandy Ingram – Dinar Guru You don’t want to pay rent, you don’t want to pay mortgage, house note, new car, sports car, insurance, vacations, all of those things that we all want to do once we come into money. No … Continue reading
Jeff
Jeff – Dinar Guru The budget is not posted in the Gazette. The budget hasn’t been implemented because it’s unconstitutional…
Clare
Clare – Dinar Guru Article: “The World Trade Organization opens its doors to it.. The Iraqi economy returns strongly to international competition” Quote: “The World Trade Organization has accelerated Iraq’s steps to join it, following the resumption of negotiations that … Continue reading
Samson
Jeff
Jeff – Dinar Guru Delete the zeros has nothing to do with the exchange rate. Deletion of the zeros simple means removing currency notes with multiple zeros on them.
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq will have the fifth largest economy in the Arab world in 2024 according to the CEO World, a leading business magazine…Iraq’s GDP will be $265.9 billion in 2024…This is excellent news for IQD investors.
Kaperoni
Kaperoni – Dinar Guru Community Comment: “Does this have a negative, positive or neutral effect on our investment?” Article: “Mazhar Muhammad Salih: Our cash reserves are the highest and there are no fears of the dollar rising” This is good news.
Clare
Clare – Dinar Guru Article: “Government advisor reveals Iraq’s gold reserves have risen to 150 tons… and the reason for its high price“ Quote: “Gold is one of the most important safe investment havens in the world, which is resorted to … Continue reading