Dinar Observer Daily

BobTheTaxMan – Dinar Guru  When you do “cash in” make sure you take care of your tax liabilities.  The same day you get it done go take care of it.  How do you know how much to pay?  This is where you get professional help.  You’re going to go talk to someone who knows what they’re doing.  Tell them what you’re doing.  They’ll be able to look at your tax returns and look at your income and figure out what you can expect to pay in anticipated taxes.  And then go pay them!

Mountain Goat – Dinar Guru  …We know that a couple of the provisions in the white paper are to stop the currency auctions and to finally complete the change over to the newer lower denomination (project to delete the zeros).  But what we do not know is how long it will take them to do it. They did tell us the existing rate will remain to at least the end of this year. Is this a hint that maybe they are considering something in January 2022 as we know this is the best time to do a major revalue and reinstatement? But we can only speculate at this point…

Kaperoni – Dinar Guru  …The white papers have nothing to do with Iraq’s exchange rate. White Papers are a road map of sorts to  implement a private sector market economy.

Breitling – Dinar Guru  They [ Iraqis ] are fine.  They’re doing very very good.  They are going to revalue their currency.  They’re going to add value to the currency.  And they better because one of these days oil isn’t going to be what it’s worth.  And it’s coming and it’s going to be coming quick.  They have an opportunity/a window here.  They’re smart.  They devalued their currency on purpose so they could get rid of some of their debt…nothing to worry about.  Good news coming down the road…  

MilitiaMan – Dinar Guru  …Aside from any triangulation that has been done by me and others, and that we have gleaned from just about all 4 corners of the world, support that our event we are waiting for is just about upon us. Pointing out that the debt ceiling issue lately is real…They are to extend the debt ceiling by a couple days by doing another Bond Sale for Tuesday – Wednesday next week for 126 billion…Before I received the news article yesterday about that increase, I was called by a source. I was told there would be an additional allowance of time for things to take place and there we have it, imo that increase buys time. IMO we are seriously close now.

Mountain Goat – Dinar Guru  We will get an RV soon (the one we all want as investors)?  I have to [be] honest with everyone reading this… There are some subtle hints from the CBI that they are working towards a date for a big change in the rate of the dinar. I do not want to start any rumors. Could this mean just going back to the pre- December 2020 rate? I will be watching this step closely and when I learn of changes I will let you all know.

BobTheTaxMan – Dinar Guru   You always want to reduce those taxes.  My suggestion is if you only have a little bit – take enough out of it but if you want to buy that house borrow the rest of it.  Right now the interest rates are incredibly low.  I mean phenomenally low and that’s a heck of a lot better than paying those outrageous taxes by cashing in your IQD…all in a hurry just to satisfy buying that house only to have it bite you in the butt.

Pimpy – Dinar Guru  If that day happens when there’s a RI or RV of some significance that is worth celebrating for, trust me it’s going to spread like wildfire.  You’re going to hear about it.  You just skip on down, go to the bank…deposit your money, pay off your bills and you’re good to go.

BobTheTaxMan – Dinar Guru   Keep your taxes as low as possible.  Not only does it save you money but it’s the best answer.  We’re in this investment.  We’ve been in it a long time.  14 years for me…taxes are the biggest hole in your financial ship.  We want to make sure we keep them as low as possible.  So we deal with immediate taxes – this is where the RV happens and you “cash out”.  My suggestion for those who have less than 5 million, cash in enough to meet your goals.  Make sure you keep it down.  [post 1 of 2]

BobTheTaxMan – Dinar Guru   Don’t cash it all in.  A lot of people are going to say, ‘What about the rate?  What if it’s going to fall?  What if the whole world falls apart?‘  That’s true…but the revaluation of the IQD has been very carefully handled.  It’s not a random thing that’s happened.  It is the real honest McCoy of what’s going on with it.  I expect it to go long term that it’s not going to be a flash in the pan and die again unless there’s a nuclear attack or something over there. [Post 2 of 2]

Breitling – Dinar Guru  Question:   “I’ve read if you didn’t buy the dinar from a dealer, someone gave it to you, you can’t exchange?”  That’s a bunch of garbage…Think about it just for a minute.  How much money do you have in your pocket?  So what are you going to do go to Walmart and the cashier is going to say, ‘Where’d you get that at?’ Because that’s what you’re saying…it doesn’t make any sense.  Where this stuff comes from I’ll never know.  You don’t need to worry about it...

Pimpy – Dinar Guru  Article:   “A jump in he prices of Basra and Light crude touches $77 a barrel”  This is what I like.  I love it.  I want some more of it! …I still think it can hit a hundred dollars a barrel right around fall time/the end of the year especially.  This is good because we know they budgeted for 42 at first, switched it to 45.  Everything above that is just icing on the cake…this is butt kicking right here.  I was happy to see this.  I’m happy for Iraq…like you I’m pretty curious about what the 2022 budget is going to have if the oil prices continue to stay high.

MilitiaMan – Dinar Guru  Article quote:  “Minister Khaled Battal Al-Najm will announce…Monday, 2/8-2021, the details of the responsive document, and the reform and recovery plan, for the period 2021-2023, which it has completed.”  I would like to be a Fly on the wall at this meeting tomorrow. THE UNDP [United Nations Development Program] is all about management of and for attaining goals. They have the ears of many international players. All interested in mutual success. Private sector is not about a program rate. No way. Even Iraq has stated they were to issue and recalculate effectively BONDS back the 1st of January 2021.. They said is was done to open or activate the private sector (market economy). IMHO.

Breitling – Dinar Guru  Question:  “Who exactly are the globalists who don’t want the RV to happen?”  That tells me a lot about what you believe and how you believe it…  There’s nothing wrong with globalization.  You wouldn’t have what you have without globalization.  What is globalization?  It’s trade.  That’s all it is.  The United States is not going to control the world.  The U.N. is not going to control the world.  China..Russia are not going to control the world.  It’s all horse shit…why would a globalist who does trade internationally want a currency…?  [Post 1 of 2]

Breitling – Dinar Guru   It’s an exchange.  You take the U.S. dollar and you exchange the exact equivalent amount for the Iraqi dinar.  Or vise-versa, you take Iraqi dinar and you exchange it for the U.S. dollar, the Euro or whatever.  It’s an exchange.  But either way there’s trade going on…the definition of globalism is trade.  That’s where it all came from – trade and trade routes and trade empires.  The question doesn’t even make any sense.  It’s so off…Globalists want trade.  They want business.  They want to do business with Iraq…that’s the whole point of globalism – trade… [post 2 of 2]

Pimpy – Dinar Guru  Article: “Iraq’s revenues from oil exports jump 62% in the first half of 2021”  This is awesome…Yeah buddy, that’s what we’re talking about right there!  This is despite we’re still on partial lock-down/on full lock-down in places so you can imagine what happens if the entire world opened up once people wake to the fact that this is just a planneddemic…all this does is secure and strengthen the economy which is exactly what we want…

Frank26 – Dinar Guru IMO the GOI has pledged to the World Trade Organization a certain parentage of the local currency (30 to 40%) of dinars at a certain value upon admission into the WTO…you think the WTO wants a certain specific percentile and figures of the Iraqi dinar currency at a restricted sanctioned program rate? ...to be in the WTO Iraq’s currency needs to be tradable...

Holly – Dinar Guru  …RV Update:  We are coming to the end of this ride so be very, very careful of information and who you are following. The sharks are circling waiting for this moment. Use discernment and do not fall for any schemes. Question all…

Pimpy – Dinar Guru  Article:   “As compensation for the invasion of Iraq, the United Nations pays $600 million to Kuwait”.  This I like a whole lot.  Let’s get to the most important thing.  Quote:   “the last installment is expected to be paid within a year.”  Yep!  Then you have no more payments going out.  That’s it…everything is taken care of once that’s done.  Plus our troops are withdrawn.  Complete sovereignty …then I’m looking for a rate change to happen…get the Americans out of there.  Make your last payment to Kuwait.  Get your sovereignty back. Let’s change the rate…

Breitling – Dinar Guru  Question:  “Would I be wise to buy 500 denominations along with the 3 zero notes?”  A lot of people ask me about the LOP.  People are saying that’s still part of the equation/debate.  No it’s not!  That’s not part of the debate at all…if you look at what they’re doing in Iraq and how they’re doing it, they want to add value to their currency and lopping the 3 zeros is not adding value to their currency.    As an example if you look at what’s going on with Turkey when they lopped the 3 zeros off their currency.  It was because there was massive inflation and they couldn’t fix anything.  [post 1 of 2]

Breitling – Dinar Guru  Iraq devalued their currency on purpose.  They made it cheap to do business with their country…it’s a completely different ballgame.  The Iraq currency is not in trouble.  It’s heavily manipulated…It has to do with the note count…Information coming from the CBI – when they do start adding value to the currency that once it gets to a certain rate they are going to have another currency that’s out there that doesn’t have the 3 zeros on it.  If they’re going to lop the damn dinar that you and I have that have the 3 zeros on it then there’s no reason to have a completely different note.  There’s no reason for it.  It doesn’t make any sense…it’s not going to lop.   [Post 2 of 2]

Kaperoni – Dinar Guru  The latest…from…gurus is they think Iraq has been accepted into the WTO as a full member. …Just about a year ago a great article came out from the WTO telling Iraq that until they have something to export (other than oil) there is no reason in trying.

Breitling – Dinar Guru   Speculation – that’s what we’re doing here.  This isn’t a religion…It’s speculation.  There’s no one who believes in this more than me but it’s still speculation.  I believe it’s coming down the road.  Where does my confidence come from?  Is it good ole fashioned positive thinking?  NO!  I’m not one of those types of people who does that.  I don’t lie to myself for the sake of being positive.  I’m a realist.  I watch what Iraq is doing…I watch their government.  I listen very carefully who have authority to add value to the Iraqi dinar and what their intent is.  And these guys can’t wait to do it.

Pimpy – Dinar Guru  It does look really good.  There’s no promises on anything but right now these are all  [U.S. agreement toward sovereignty, oil prices, WTO etc.] positive steps going in the right direction…  A lot of people have been waiting for these moments for a long long time.  It’s happening.  Let’s just be a little more patient.  It’s going to get there…

Mountain Goat – Dinar Guru   …Kazemi is not going to Washington DC for the RV. …The RV is between the CBI and the IMF. If anything related, he will go ask for relief from OFAC sanctions that the CBI needs lifted in order to reinstate the dinar, thus then they can start the process of deleting the zeros which we know leads to the reinstatement and thus us going to the bank

Breitling – Dinar Guru   Be happy.  You’re fine.  Everything is good – still in that window.

Pimpy – Dinar Guru  There’s a lot of news about the meeting between Iraq and the United States.  Of course it’s very good news.  What is the news?  That America is getting the hell out of there... Quote: “welcomes the achievement of the Iraq negotiators by agreeing to the complete exit of the combat forces at the end of the year and considers it a positive and advanced step towards achieving full national sovereignty.”  They haven’t got their sovereignty 100%.  By pulling out…they’ll get their sovereignty…This is big.  Why?  Because if the nation has sovereignty guess what happens – They have to have a recognizable currency…

Breitling – Dinar Guru  Question:  “Do the high oil prices help or hinder  the revaluation”  Iraq was pressured when oil prices down.  They were being pressured and right now that pressure is not there but that hasn’t stopped them at all.  

Pimpy – Dinar Guru  I can’t promise there’s going to be an RI or RV because nobody out there knows.  That is the honest to God truth…Is it possible?  Of course it is.  Has it happened before in history?  More than once…you don’t have to watch for some magical announcement.   We can pay attention to what’s going on in the country, in their economy, in their stability…their commodities…geopolitics in the area…all contribute to the value of their currency… [post 1 of ]

Pimpy – Dinar Guru  We all want to wake up one day and hear…they just announced it – We’re gonna do 3 American dollars for one dinar.  Will that happen?  Yes it’s possible.  I’m not saying it’s not…the United Nations/the United Security Council have all said the same thing – that when the value of the dinar was devalued it was at a rate of 3+ dollars.  That’s every 1 Iraqi dinar you exchanged you got 3 American dollars.  And they said there’s no reason for it not to go back to that rate…if I didn’t have faith in it I wouldn’t own it.  [post 2 of 2]