Category Archives: Uncategorized
Militia Man
Militia Man – Dinar Guru At this stage of the game we’re expecting them to have an education process. If they’re going to be international currency and they’re going to come out with an international real effective exchange rate they’re going … Continue reading
Henig
Henig – Dinar Guru Article: “US specialized agency: Iraq will not ‘undermine the dominance of the dollar’ by paying the yuan to China” Quote: “Middle East officials are quick to say that the dollar will remain the currency of choice … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Many of us are wondering if these new deals with China…are good for our Iraqi dinar investments…what we are seeing is a small country pulling away from the west and moving towards friendships, partnerships and … Continue reading
Pimpy
Pimpy – Dinar Guru Gold is the second largest export for Iraq next to oil and gas. You can only imagine what would happen to Iraq if they would allow an actual mining company to coming in there and mine all the … Continue reading
Pimpy
Pimpy – Dinar Guru When it comes to Iraqi dinar there’s a lot of variable that’s involved. It isn’t going to happen overnight. It’ll most likely happen in increments. There’s a lot of things that people have to take into consideration…
Deepwoodz
Deepwoodz – Dinar Guru For me the mystery is due to what we’ve learned, that they cannot reveal a major change in their rate due to legalities…There are finer details and inner workings we are not privy to… I for one … Continue reading
Jeff
Jeff – Dinar Investor When you look at their actions…about 2 weeks ago they had a major meeting in Washington D.C…the Iraq Central Bank met with the U.S. Treasury and Federal Reserve to lay out all the ongoing future requirements … Continue reading
Militia Man
Militia Man – Dinar Guru When we’re talking about value we’re talking about things that are determined from what? Income streams beget value…and assets create value. They don’t want to underestimate the value and they don’t want to overestimate the value. They want … Continue reading
KandG
KandG – Dinar Guru Article: “The Kurdistan Regional Government announces reaching an initial agreement with Baghdad on the draft budget law” Quote: “the Iraqi government revealed, two weeks ago, that the Ministry of Finance had begun to re-prepare the … Continue reading
Paulette
Paulette – Dinar Guru Typically, it [the budget] will go through First Reading and then go to Parliament’s Finance Committee for review. This review is often at least 2-3 weeks and often much longer. It then comes back for Second Reading … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don’t know why it has not calculated to 1300 per the CBI’s rate change…[I’ll] keep you posted.
Pimpy
Pimpy – Dinar Guru There’s a difference in RV and RI…RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you … Continue reading
Militia Man
Militia Man – Dinar Guru There is some really big information that came out today…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.
Pimpy
Pimpy – Dinar Guru The United States has been tightening the screws down in Iraq because they feel money is being smuggled/laundered…over into Iran circumventing the sanctions…which is a no-no…we’ll notice if the Untied States starts loosing up with the … Continue reading
Militia Man
Militia Man – Dinar Guru The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there’s going to be … Continue reading
Clare
Clare – Dinar Guru Article: “Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs” Quote: “the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by … Continue reading
Deepwoodz
Deepwoodz – Dinar Guru Question: “article says the budget will reach the house this week.so does that mean the com agreed on everything to send it to the goi?” I think yes…The COM is Sudani’s selected government whom Parliament gave a … Continue reading
Pimpy
Pimpy – Dinar Guru Does the future look bright for Iraq? Yes, as long as they start getting their shit together and their government starts doing the right things necessary like providing funding for infrastructure and helping with education that helps contribute … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Currency Mayhem – IQD from USD to CNY. Article: “Iraq, short on dollars, moves to purchases with Chinese yuan” To compensate for a foreign currency shortage Iraq Central Bank said the country would soon trade with … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru This is the first time imports from China will be paid for in Yuan. Before now all imports were paid for in U.S. dollars. The Central Bank of Iraq said this move could boost the balances … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese yuan instead of dollars, in an … Continue reading
Pimpy
Pimpy – Dinar Guru Question [If they remove the zeros from the currency what will happen to the old currency? Is it only the 25,000 note?] …I’m sure we’ll have time to go ahead and swap our currency out. You just can’t … Continue reading
Breitling
Breitling – Dinar Guru It’s black and white. Iraq picked the right guys. They picked us. They’re going to stay with us. They’re not going to go with the BRICS. They’re not going with Asia. They’re not going to go with the … Continue reading
Militia Man
Militia Man – Dinar Guru It’s been 20 years they’ve had this process going and now they’re finally getting to that change. If we can’t see it now we probably never will but at this stage of the game I’m a believer … Continue reading
Pimpy
Pimpy – Dinar Guru With a strong economy and the gold reserves are up and the foreign currency reserves are up there’s no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you … Continue reading
Samson
Samson – Dinar Guru Article: “An economist expects a third package from the central bank to reduce the dollar”. THIRD PACKAGE OF DECISIONS – POWERFUL.
Sandy Ingram
Sandy Ingram – Dinar Guru CBI announced Iraq will do business with China using the Chinese currency…this is an attempt the Central Bank of Iraq is saying to stabilize or help stabilize the IQD.
Mountain Goat
Mountain Goat – Dinar Guru There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the … Continue reading
Militia Man
Militia Man – Dinar Guru Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They’re making it so that people have to use the … Continue reading
Pimpy
Pimpy – Dinar Guru Inflation, unemployment, demand, political stability, supply, future prospects…all play a part in the currency exchange rate. Is inflation down? They’re saying it was at double digits last couple years although every time I look at it it’s in single … Continue reading