Dinar Observer Daily

Sandy Ingram – Dinar Guru   Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill.  The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.

Pimpy – Dinar Guru   Article:   “The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections”  They’re already on a verge of civil war.  They started to go down that path and thanks to Sistani it was stopped.  Either they agree to go to early elections or there’s no doubt in my mind there is going to be a civil war.  There’s no other way around it.  I don’t want that to happen…I think it’s the right of the Iraqi people to decide who they want there…

Nader – Dinar Guru   My friend made  [This video]…this guy just got arrested for corruption.  This is the head…if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money…You have to pay a million dinar just to get some stuff done.  He’s been doing this for many many years and he made a lot of money. This is corruption so he get arrested.  It’s a lot of them getting arrested like this.  He’s big.  He steals even from the government… it’s gonna happen.

Samson – Dinar Guru  Article:  “An economist reveals the size of the currency issued by the Iraqi Central”  Quote:  “according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars.” He added: “On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate…” [Post 1 of 2]

Samson – Dinar Guru  …There are 4 main possibilities for this cash away from the banking system, which are:

1 – Iraqis hoard money in their homes…

2 – Funds are internal commercial transactions far from the banking system…

3 – Foreign institutions hoarding the Iraqi currency  for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future…

4- Damage to the currency…”   [Post 2 of 2]

Mountain Goat – Dinar Guru    …I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen.  How do I know?

#1. Reinstatement was in a long term 5 year plan given from the CBI in 2011…it was supposed to be all done by 2016.

#2.  Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI…

This is what Sadr is trying to fix…and why the new govt can’t get formed.  [post 1 of 2]

Mountain Goat – Dinar Guru 

#3. In 2019…they came out with the “White Paper” in which it specifically says to go to FOREX.

#4.  In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government.   [post 2 of 2]

Samson – Dinar Guru   Article:  “The average salary in Iraq is 600 dollars and in other countries is six thousand”  Quote:  “Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq...”

BGG – I believe so many in this community have read this latest uprising in Iraq all wrong (as usual). The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again.

The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…

Hard news excerpts:

“Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.”

How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…

You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.

Militiaman – Dinar Guru  Article:   “The Central Bank of Iraq organizes a visit to a media delegation”   The AMF on the same day had meetings on similar issues…with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing.  Inter-connectivity is coming…

Breitling – Dinar Guru  People are looking at Iraq.  They are looking at what’s going on between the Sunni and the Shia and they’re going, ‘My God there’s chaos and turmoil going on!  This thing is never going to come to fruition.  It’s never going to come about.”  You couldn’t be more wrong.  That’s not how this investment works.  That’s not how Iraqi’s currency works… [Post 1 of 2]

Breitling – Dinar Guru  I haven’t seen anything negative come out of Iraq yet...It’s like watching Fox News…Every day they’ve got some shitty thing to tell you.  Like it’s their goal in life to make sure you’re unhappy so they can make you vote a certain way.  That’s how it works – Pure propaganda… People are reading articles…that have nothing to do with…their [Iraq’s] policy and their currency.  [Post 2 of 2]

Militiaman – Dinar Guru  Article “An Iraqi bank begins providing its banking services and solutions in the Saudi market”  Looks like show time… imo  They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.

Clare – Dinar Guru   PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT.  IRAQ WILL PROSPER WITHOUT THAT EVIL…AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!…IMO WE ARE AT THE END… BE PATIENT A LITTLE LONGER…WE ARE WATCHING IT PLAY OUT.  KAZEMI & SADR ALREADY WON…REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS!  …IMO

Samson – Dinar Guru   Article:   “International companies use the Iraqi airspace for the first time in history”   Quote:  “…Iraqi air movement at the present time is witnessing demand from civil aviation companies….Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West.”

MilitiaMan – Dinar Guru   Question:   [Article:  “The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise” Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?]   A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it’s rightful place in a basket.

Samson – Dinar Guru  Article: “Economist: Inflation has reached more than 12% in Iraq”  Quote: “The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”

MilitiaMan – Dinar Guru  Article:  “The Central Bank of Iraq organizes a visit to a media delegation”   The CBI will want those in this meeting to have the truth from the horses mouth. They’ll be a mechanism to help citizens during the roll out and for the intentions of the CBI going forward… Once they change the exchange rate the money sold will likely be tracked…

Samson – Dinar Guru   Article:   “The UN Security Council calls on the Iraqi parties to exercise restraint and start dialogue”  Quote:  “the members of the Security Council called on all parties to resolve their political differences peacefully, respect the rule of law and the right to peaceful assembly, and avoid violence.”  [Post 1 of 2]

Samson – Dinar Guru  Article: “Al-Fatlawi Comments On The Statement Of The UN Security Council On The Events In Iraq“.  Quote:  “the Security Council’s statement on the recent events in Iraq was in a strong tone…Did all the Iraqi parties read it correctly?”  [Post 2 of 2]

Pimpy – Dinar Guru  The auctions are supposed to be used to control the exchange rate from getting out of hand but it’s been used for some real corrupt stuff.  There’s been talk several times about ending the auctions…Over the years – 2022, right now, you get 1450 dinars for every 1 US dollar.  Back in 2016 you used to only get 1182 dinars..Going back to 2013 used to only get 1166 dinars for every 1 US dollar…When it decreases that means Iraq’s value is gaining on the US dollar.  We want the amount of dinars exchanged for US dollars to decrease...we want to get to a point where they can exchange 1 dinar for multiple US dollars…there is some hope with the decline of the US dollar…

Sandy Ingram – Dinar Guru   It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis.  Things are changing by the day in Iraq.

Militiaman – Dinar Guru  The court has postponed the case of dissolving the HOR until tomorrow, Thursday.  If Kahdimi steps down and the President steps into the position until there is formation of the new government he will have the necessary powers (“Full Powers” is mentioned nowhere in the constitution. “Necessary Powers”, is.)  and it will be all constitutional. Also, Iraq will be deemed stable and secure in the eyes of the Region and the World once done, imo.

Samson – Dinar Guru  Article 1 “The Federal Court Postpones Consideration Of The Case For Dissolving Parliament Until Tomorrow, Thursday”  Article 2  “The Federal Court postpones hearing the lawsuit to dissolve Parliament”

Nader – Dinar Guru   A lot of people saying what’s happening it’s because people of Iraq they want their rate to change.  You know 90% of the people is Iraq doesn’t know nothing about the change about the dinar.  All they want is to have some money.  They don’t care about anything because it doesn’t matter if I have 10 million dinars or 50 million dinar…they matter for you guys over there but not for us…

Kaperoni – Dinar Guru   Many political blocks are trying to maintain calm in Iraq but it is extremely fragile at this time. There is no talk of any significant change in the dinar value.  If anything is being discussed it is forming a government, getting back to work parliament passing laws and creating an environment for foreign investment in the economy.

Sandy Ingram – Dinar Guru  Good news.  Al-Sadr is reportedly on a hunger strike until the fighting ends…After this next statement by Sadr, the Green Zone was EMPTY within MOMENTS.  ‘I sill believe that my supporters are disciplined and obedient and if in the next 60 minutes they do not withdraw as well from parliament then I will abandon these supporters.‘

Mountain Goat – Dinar Guru   Article:  “MINISTER OF SADR” PUBLISHES THE LAST APPEAL OF THE LEADER OF THE CURRENT”  Quote:  “I am trying very hard to reform the entire political process in our beloved Iraq…”  I am hearing that by Sept 2nd all hell might break lose if there is not the reforms or in motion to accomplish them that Sadr requests.

Nader – Dinar Guru   I hear people saying “it’s nothing that’s going on. They’re lying.  No death.”  Well yesterday 12 people died…We’re not celebrating.  We’re not chanting…It’s too late…the government cannot save themselves anymore.  They know the world is watching and we did everything for the world to watch them when we do this.  Now it’s happening…   [Post 1 of 2]

Nader – Dinar Guru  I’ve been screaming it for 2 months it’s going to be a revolution.  In every revolution you see…people get hurt…people running away from the country like presidents, corrupt people.  That’s what’s happening now.  The next 3 days is going to be worse…we’re not celebrating…people are angry, hungry.  They have enough.  They’re saying enough it’s enough.  Now you’re gonna see some changes. [Post 2 of 2]