Category Archives: Uncategorized

Samson – Dinar Guru  Article:  “Chinese goods to be sold to Iraqis in Dinar”  Quote:  “Iraq’s dealings with China in the yuan currency needs more time, and this requires building an oil refinery inside China, so that it supplies quantities of … Continue reading →

Mountain Goat – Dinar Guru  …as long as the budget is not yet opened a new rate can be calculated within the budget.  There is always times to change it if it is not yet passed in parliament…they can adjust it … Continue reading →

Nader – Dinar Guru  This week two good things should happen.  The budget should reach Sudani by Saturday I hope.  The 2nd thing I heard and it’s confirmed in the budget there’s a rate and it’s a good rate after all.  … Continue reading →

Pimpy – Dinar Guru  Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface.  The Iraq Central Bank is doing a lot of what central banks … Continue reading →

Kaperoni – Dinar Guru   Big news for Iraq investors  today.  As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq’s economy…today, Iraq announced a significant economic hurdle has been achieved. The … Continue reading →

Mountain Goat – Dinar Guru   …when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be over much sooner than we … Continue reading →

Pimpy – Dinar Guru  Somebody said…they changed the rate again.  I said no.  I don’t see that nowhere.  None of the articles say they changed the rate but they did increase the number of outlets where you can purchase US dollars if … Continue reading →

BobTheTaxMan – Dinar Guru   Let’s take an example…somebody purchased it [Iraqi dinar] for a thousand bucks.  The projected value would increase to $1,000,000.  This particular investment type is treated as ordinary income.  They decide to cash it all in at … Continue reading →

Pimpy – Dinar Guru  Article:  “Iraq’s foreign currency reserves hit $115 billion high”  This article caught my attention…the amount of reserves they have…it’s 5x the amount of their external debt.  We know they have $115 billion in foreign reserves…they’re saying if … Continue reading →

Militia Man – Dinar Guru  Muhammad Saleh…says their reserves are $115 billion which is up from the $90’s.  They also increased their gold reserves from about 96 tons to 132 tons…It’s really truly amazing …by him saying we have about 5x … Continue reading →

Clare – Dinar Guru  Article:  “Official: Iraq’s reserves of foreign currency reach the highest level at 115 billion dollars”  Quote:  “Saleh explained it…the coverage of reserves from foreign exchange to the exported national currency amounts to nearly 150%, which is … Continue reading →

Pimpy – Dinar Guru   Question: “What’s going to happen with our dinar when they re-denominate their currency? I think we will be left holding a worthless currency that we have today.”  No that’s not going to happen…we’re not gonna be left with some … Continue reading →

Dinar Investor – Jeff  As of right now Iraq has achieved political stability since October of last year.  They’re moving forward to get their economics launched and rejoin the international world.  Those are the steps they’re in the middle of right now…

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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 – 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 →