Dinar Observer Daily

Chattels – Dinar Guru   Article quote:  “As Iraq’s Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office.”   General elections are currently scheduled for 2022, but protesters have demanded they be held this year.

MilitiaMan – Dinar Guru    The collectivism of all this data out now is not for just any old reason, imo.   …The timing of this at this juncture paints a vivid picture in my mind. It paints a major power play into view. Iraq has no where but up to go from here!!!. imo.   …We know CBI Gov. Alak has openly stated he was not going to devalue the IQD. It goes against all of that that has been done to…date to keep the IQD stable and steady. …Iraq can’t borrow any money from the looks of it lately from anyone. But, if they have the ability to get into the secondary markets with their currency and their stock exchange, they can use those mediums to get dollars into the future. So not only could this be about Iraq going international in secondary markets terms, the FIMA just may be the mechanism to facilitate them to do so through the US FED.. Thereby, Iraq will need to reinstate their currency to do so.  Which will support other currencies around the world. imo

Dinar Investor – Jeff   …It’s very quiet right now…we’re definitely at the end…here’s the ultimate step we needed to see.  We needed to see Iraq shut down their financial markets.  Stop the auctions and stop the ISX…They’re resuming it on April 12th…we don’t want to see the ISX extended past April 11th.  We want the ISX to come back online on April 12th…everything is where it needs to be…

Mountain Goat – Dinar Guru   There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions…Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.

Pimpy – Dinar Guru   …these people in parliament we all know they’re corrupt…we know there’s been a huge crackdown on this.  Guess what?  Trump’s now supporting this guy [Zafari] and he wants him to put in the government that they are going to support…this is the kind of movement we want to see…Trump’s not playing around anymore.  He’s already forming his next agenda and what he’s gonna do over there in Iraq and he’s implementing it right away.  These guys should have their government formed voted on and implemented somewhere between the middle and the end of April.  It’s funny how all of these things are happening right around April...this is some good news.  This is exciting…all this pertains to what’s gonna happen to the dinar.  We really want this country to really get stable…I think you’re gonna see a lot of action happen here between now and the end of this next month…

MilitiaMan – Dinar Guru   Article:   “Currency Manipulation and Countervailing Duties”  Quote:  “On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade  Administration”   I’ll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo…

Adam Montana – Dinar Guru   Article: “The central bank clarifies the fact that it is not possible to pay salaries next month”  Quote:  “…Iraq’s cash reserves are currently $ 60 billion,” pointing out that “there is no reason to worry about that.”  Raise the value on the Dinar and their reserves are much more!

Pimpy – Dinar Guru  The temporary PM has now gotten a green light…the factions finally got together…Zafari is now a candidate and all the voting blocks had recommended him.  Yay!  Finally they agreed on something.   On March 16 the president Selih had appointed him as the temporary PM but now he’s been approved by all the different parliamentary blocks.  Thank goodness…that’s a step in the right direction…his name has now been officially recommended.

MilitiaMan – Dinar Guru   Article:  “Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar”   Quote:  “As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”.  Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain.”  The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate… The ISX is under curfew? Why, when they can trade electronically or can they?   I’ll bet the inter connectivity to the NSDAQ has something to do with it… They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!!    It is sure is a beacon of light, imo..

Dinar Investor – Jeff   …Let’s say Iraq were to change the rate on Sunday April 12th.  Those two email correspondences from those brokerage firms state they would reopen on Sunday the 12th.  Let’s say the rate were to change on the 12th.  “The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon.” ...if the rate were to change on Sunday it doesn’t matter if the ISX reopens for business because the fact that they don’t even start trading until 10am Sunday morning.  That would be after the rate change.  My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...

MilitiaMan – Dinar Guru   Article:  “Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month”   Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol!  I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD…So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate…As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too.  …we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry…I am liken this and big time…

Delta – Dinar Guru   …I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move…remember if they are going to increase the value...they want to be sure they paid salaries before they do anything.  They are moving very fast to pay those salaries…I’ve never seen the CBI rushing the citizens…to [give] a due date, ‘You have by Tuesday to go get your money.’  It never happened before…I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value…they have only one month.  Next month and then it’s a disaster for Iraq.  They have to come up ASAP…

Pimpy – Dinar Guru   …these people are in such an economical financial crunch they need to increase the rate.  They need the increase very soon before they can’t recoup.  They need to do this so they can start buying the things they need to get the country kick-started and rebuilding…99% of us feel like for some reason this coronavirus is just a distraction…

Dinar Investor – Jeff   …this is a brokerage firm  [Al Karmal]… they’re affiliated with the ISX stock trading.  They received a correspondent from the main government of Iraq…Quote “The trading session will be held on 12th April 2020 as the ISX announcement today“…the bottom sentence says the trading session will be held on April 12th…There’s another securities company that said the same thing.  It’s an official announcement from another securities company – Rabee Securities…Quote “…the next trading session will resume on April 12th“…this is two official email releases.  Two stock traders…one brokerage.  One securities…that’s huge.  Remember the U.S. did not stop trading stocks within the U.S.  Not one other country has stopped electronic trading due to coronavirus yet Iraq has…Iraq’s economy to reopen exactly on the same time frame that Donald Trump has.  Trump has Iraq’s economy timed with our economy…I have now confirmed to you with solid factual proof that all of the [Iraq’s] financial markets are going to be closed for a period of 4 weeks…the longest I’ve ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...

Adam Montana – Dinar Guru   Article:  “Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments”  Another financial article…regarding Iraq’s debt obligations – a few comments were made about how this could be a doorway to a GCR. While I don’t subscribe to a universal “reset” happening, there are some valid portions of the theory… and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar.  All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it’s craziest, and all focus is elsewhere…suddenly!

Dinar Investor – Jeff  …without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said “latest update 3-16″…the last stock trade occurred on 3-16 and it has been shut down since 3-17… Pimpy was 100% incorrect.  The stock market is not open. It is shut down and it’s going to remain shut down until Saturday April Saturday April 11th.  Reopening on the 12th…

Mountain Goat – Dinar Guru    Article:  “MUQTADA AL-SADR: TO SHIITE BLOCS – DO NOT INTERFERE IN THE AL-ZORFI CASE .. THIS IS AN IRAQI AFFAIR”  This is one of those WOW! articles. Here Sadr is saying to the Shiite blocs to back off and allow Iraq to freely elect a new prime minister and to support him. He alludes to Iran as an “occupier”. This is the first time recently I heard him say this. This is all very good for Iraq and getting this new government done. Let’s hope the Shiites listen to him.

Dinar Investor – Jeff    …Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves.  Plus we the investors all hold dinar.  Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury.  And all the dinar we have will make it back to the US reserves…what does that mean?  As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar…right now the US is in one of its worst economic positions it’s ever been.  All of our financial markets are crashing…the dow this week reached 19,000 points…you would think with how collapsed the US economy is right now that the value of the US dollar would also be down…As of last night the value of the US dollar went above 102 cents…It’s at its highest point in three years…this should confirm a lot for you where we’re at right now.

Dinar Investor – Jeff   …the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency…we could have approximately two checks coming from our own federal government…maybe April 6th and the second one coming around May 18th which would be financial aid for us.  That could be after the Iraq RI rate change.

Mountain Goat – Dinar Guru   Iraq was able to meet its constitution deadline…March 17th for selection of a new designate to put the government together.  Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government… I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again.  I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.

Mountain Goat – Dinar Guru   …Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). …First, I absolutely DO NOT agree with any future reset or GCR coming.   …Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do…

Adam Montana – Dinar Guru  Article:  “The President of the Republic assigns Adnan Al-Zarfi to officially head the government”   …here’s a name for you: Adnan Al Zurfi. That’s the name of the person just appointed to the Iraqi Prime Minister position.  Truthfully, my friends, it’s too soon right now to know if he will be the one to ring the bell for us.  …Too early in this to get excited, but I’m happy to see something happening.  Let the news roll in!

MilitiaMan – Dinar Guru  “Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow”  Quote:  “…the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them – starting again on 2020/3/24.”  Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they’ll do this with Mahdi ioo…in other words we are getting paid!!!

Dinar Investor – Jeff    Article:   “The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow”  That would mean Tuesday…one of the things we’ve been looking for them to stop the ISX…they did not tell us how long trading will be stopped or ended for what period of time and we would need to know but…as we approach or reach the rate change one of the things we’ve always looked for is for them to end trading in close proximity to the rate change.   Reason why is they can’t really change the rate while the markets are open because the markets work off of the rate…They are trading off the value of the currency.  We’ve always looked for them to shut down the stock market…as kind of preluder… beginning point…

Delta – Dinar Guru   Article:  “Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow”  Quote:  “…the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them – starting again on 2020/3/24.”    THEY LET THE CAT OUT OF THE BAG…THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA…THEN  THEY ARE SAYING  COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT…ANOTHER HUGE AND AMAZING ARTICLE…

Dinar Investor – Jeff   Article “Legal Expert:  After the failure of the seven committee…constitutionally Salih takes over the Prime Minister with his full powers”   The president will act as the prime minister.  So they have a stable government.  Good.  That’s all we need.  So they do have an acting prime minister…

BGG ~ I’m not sure that’s exactly what that article meant – but anything is possible these days.

MilitiaMan – Dinar Guru   Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI  has been effectively announcing the need to raise the value of the IQD over the last few days, etc…   The COV-19  is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical  numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for…  Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see.  imo.

Dinar Investor – Jeff    What are we waiting on?  What have been the holdups?  …there’s a lot more to the coronavirus than just a virus…when the rate does change its gonna spike the US markets…IMO they had to use the coronavirus…to bring the markets down so when the rate does change it can shoot back up….

Pimpy – Dinar Guru  Article:   “Reducing the Iraqi dinar exchange rate – determinants and alternatives”  …what they’re saying is if you devalue the Iraqi dinar then its gonna kill them on imports…They have to spend more money for raw materials.  That’s not what they need…they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country.  If you decrease it it’s only gonna hurt them.  It’s gonna cause inflation because I’m gonna have to produce more money in order to buy more materials…if oil prices are dropping and it’s causing your deficit to go up.   If it’s causing your budget deficit to increase why would you then turn around and lower the value of your currency?  That doesn’t make sense…It goes on to say why the hell would Iraq lower their exchange rate that’s the opposite of what they should be doing.  I’m gonna agree with this article…they go on to make this case that decreasing the value of the currency is the wrong move.  It should be increased…

G-Lin – Dinar Guru   Article:  “Al-Asadi: Tonight, the name of the prime minister will be announced”  Quotes:  “The head of the “Sanad” parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced.“;  “in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval.”   Looks like a new P.M. maybe.

BGG ~ Nope.