Category Archives: Uncategorized

Militia Man – Dinar Guru  The Minister of Transport announced the completion of the port is 60%…At 1310 how many dinars is it going to cost to rebuild a port?  How’s that going to work?  It didn’t.  It’s not finished… Remember this … Continue reading →

Kaperoni – Dinar Guru   We’ve been saying for a long time nothing was ever going to happen with the dinar until Iraq diversified their economy.   We’re reading about it today that this is their focus.

Pimpy – Dinar Guru   All currencies have some type of backing …what supports the IQD is the oil industry.  But there are other things out there like the amount of gold they buy, the amount of foreign currency assets they … Continue reading →

Mountain Goat – Dinar Guru  Article:  “IRAQ AND GERMANY SIGN A STRATEGIC COOPERATION AGREEMENT IN THE FIELD OF COMMUNICATIONS AND POSTAL SERVICES”  Does Iraq need this to RV? NO! But it certainly shows us once again just where this country of Iraq is … Continue reading →

Paulette – Dinar Guru   Question:  “The latest article…suggests that the HCL will be passed in the next legislative term.  When is that term?”  The legislative term starts on the 13th but currently the Oil and Gas Law is not on the agenda.  When … Continue reading →

Militia Man – Dinar Guru   Halabousi was talking to the leaders of the country, the politicians etc, he says to run away before your arrest on corruption charges.  So the Speaker of the House of Representatives is telling the people, those of … Continue reading →

Kaperoni – Dinar Guru  With the new securities law eventually passed Iraq can end their currency auctions.  They can begin to float the dinar and access to the principles of supply and demand.  And of course transition to the IMF article VIII … Continue reading →

Mountain Goat – Dinar Guru   …the CBI told me they were moving along and we should expect the rate in the US. But last Saturday I did finally get in contact with my CBI representative and I was told that the … Continue reading →

Pimpy – Dinar Guru  It’s looking very good for Iraq right now.  It’s sounds good, it looks good, but let’s see if they can actually implement the things they need to and they actually do what they promise they are going to do…A stronger economy … Continue reading →

BGG ~ Not long ago I made a fairly long post describing what I have come to understand over the last year or so… To review: I explained how the biggest impacts on the value of the Iraqi Dinar would likely … Continue reading →

Paulette – Dinar Guru  The full Oil and Gas Law is still in negotiations but the framework has been established in the budget and for the next three years…..  I no longer care when they pass the full Oil and Gas … Continue reading →

Militia Man – Dinar Guru  They’ve had problems with the parallel market which is an illegal market.  It’s the black market and they want that to cease to exist.  They want to be able to be on the dollar only … Continue reading →

Clare – Dinar Guru   Article:  “Al-Nusairi: Iraq’s accession to the World Trade Organization contributes to the development of the financial and banking system”  Quote:  “Al-Nusairi said that one of the most important returns and benefits achieved by the financial and … Continue reading →

Mountain Goat – Dinar Guru   Article:  “Iraq: Accession to the World Trade Organization (WTO)”  Quote:   “Iraq’s accession as a full member of the World Trade Organization is regularity in the global financial system in accordance with the criteria for … Continue reading →

Sandy Ingram – Dinar Guru   Iraq made financial headlines when it boosted gold reserves by 2% in one day.  To understand why this is major news, let’s compare it to the fastest-growing currency against the US dollar, the Swiss frank.  The … Continue reading →

Sandy Ingram – Dinar Guru  This is how your finances can change in one day…Here are two reason why the Swiss currency is so strong…Switzerland has a long history of low debt and fiscal responsibility.  And the nation has hard … Continue reading →

Pimpy – Dinar Guru  When you learn about what strengthens a currency – Iraq doesn’t have it.  They don’t have it at all.  The fact that 95% of their entire budget is reliant on oil tells you right there alone the currency … Continue reading →

Militia Man – Dinar Guru   The budget is an investment budget and they have not exposed it yet.  They’ve voted on it on the 12th last month, 21st went into the gazette and they still have not opened it…Vital project … Continue reading →

Mountain Goat – Dinar Guru  I am attempting to stay in close contact with the CBI during this revaluation process. …we still have not see any real news from the CBI (Ali Al-Alaq) itself on the project to delete the … Continue reading →

Pimpy – Dinar Guru  I agree it would be nice if they had a stronger currency.  I think it’d be more helpful.  They just don’t have the right things in place in order for them to jump up to a high exchange … Continue reading →

Kaperoni – Dinar Guru  We expect the dinar to rise gradually as a result of the success and growth of their economy as a result of the private sector investment and the increase in their own GDP Iraq would make the dinar … Continue reading →

Clare – Dinar Guru  “Exchange companies are preparing for a major demonstration tomorrow, Monday ”  Quote: “The owners of exchange companies announced that they will stage a demonstration on the third of July in front of the Central Bank gate on Al-Rasheed … Continue reading →

Militia Man – Dinar Guru   There’s some squabbling going on who’s going to control the Iraq exchange rate that’s been going on in the parallel market…they have to change some things because it hasn’t been quite working …What would cure the … Continue reading →

Yada – Dinar Guru  Fear not! This currency will change because the demands of the budget will require it.   It will not and can not operate successfully at 1300-1. BGG ~ You mean like it has for the last 20 years? … Continue reading →

Pimpy – Dinar Guru   Article:  “Top 10 weakest Currencies in The World In 2023”  As you go down the list Iran [#1] is one of them, which is not surprising.  They’re going through sanctions.  Vietnam dong is the other one [#2]…Quote:  … Continue reading →

Militia Man – Dinar Guru   They’re saying Iraq ranks ninth in the world, that their raw wealth exceeds $15 trillion.  That’s massive…And they have a currency exchange rate at 1310? …the Real Effective Exchange Rate is not 1310…this is the first time … Continue reading →

Kaperoni – Dinar Guru  The Securities law will soon be before the House of Representative.  This is something we’ve been talking about for a couple of years…I thought that was great because if they’re going to activate the Iraq Stock Exchange … Continue reading →

Clare – Dinar Guru  Article: “Advisor to the Prime Minister: The market value of Iraq’s raw wealth exceeds $15 trillion”  Quote:  “Iraq is one of the most important countries in the world, if not at the forefront of nations rich in … Continue reading →

Mountain Goat – Dinar Guru  article from Dec 15, 2021:  “MUDHHER SALIH, OUTLINED THE IMPORTANCE OF THE WHITE PAPER AND ITS REFLECTION ON THE ECONOMIC REALITY”  I will remind you once again it’s the White Paper that is going to get us … Continue reading →

Pimpy – Dinar Guru  Question:  “Is Iraq and the CBI collecting 3-zero notes?”  No they’re not collecting them right now.  If they were there’d be a redenomination…trust me we don’t want to go that route if we can avoid it.  I prefer the … Continue reading →