Dinar Observer Daily

Pimpy – Dinar Guru  Every guru out there keeps talking about how great the [Iraqi] economy is.  I don’t deny that at all.  The economy continues to grow.  Iraq continues to grow. They get involved with more and more organizations trying to get involved with the World Trade Organization.  That’s going to be big for them.  That super highway they got building out there, the Port of Fa, all these things are major builders of the Iraqi Economy.  As they fall into place the economy is only going to get bigger and bigger and bigger.

Militia Man – Dinar Guru  Iraq doesn’t have a whole lot of purchasing power at 1310.  But they have an expectation of purchasing power…The deletion of the zeros project is definitely on their minds, especially the tribal leaders in Iraq, which includes politicians.  They’re concerned about the deletion of the zeros project but they’re fully aware of it and that’s where the purchasing power is.  The average guy on the street doesn’t have a whole of dinars.  They want purchasing power because they want prices to come down so they can afford to live.  The wealthy, tribal leaders perhaps, have a lot of cash and they put that cash in the banks.  They think they could get more money in and out of the country…Those folks over there are concerned about their purchasing power.

Clare – Dinar Guru  Article: “IMF: Iraq needs oil prices above $90 per barrel”  Quote: “The International Monetary Fund revealed on Wednesday that Iraq needs an oil price above $92 per barrel to achieve a balanced budget for 2025…The Fund continued, Saudi Arabia needs an average price of $90.94 per barrel, followed by Kuwait at $81.84, Azerbaijan at $73.14, Libya at $70.05, and the UAE is the lowest-priced country at $49.95.”

Mountain Goat – Dinar Guru  …there are still a number of troublesome issues with the left-over Iranian militias. This is still at the root of the problem in Iraq… I am not throwing away all this progress we have seen over these last two years ...things are moving quickly now...

Militia Man – Dinar Guru  Salaries…oil extraction costs…they talk about Paragraph 12C [of the budget]…You’re going to find those two things are related to exchange rate orientation.  They haven’t done these things or finished these things yet.  They’re probably not going to finish them until they actually change their exchange rate.

Samson – Dinar Guru  Article: “Government consultant: 95 trillion dinars kept outside the banking system“

Clare – Dinar Guru  Article:  “Plunging Oil Prices Jeopardize Iraq’s Budget: Will the Government Resort to Dollar Revaluation?” Quote: “Iraq is bracing for renewed economic turbulence as oil prices fall below the critical $65 per barrel mark—five dollars short of the benchmark adopted in the country’s federal budget. The slide in global crude markets threatens to erode the very foundation of Iraq’s oil-dependent economy, prompting speculation over potential fiscal and monetary policy shifts…”   [Post 1 of 2….stay tuned]

Clare – Dinar Guru  Quote continued:  “…The central bank’s hard currency reserves, considered a last line of defense, are unlikely to be tapped under current circumstances. Still, one policy instrument remains within reach—and contentious: the exchange rate.  Economic expert Ahmed al-Ansari noted that while Iraq’s reserve fund is generally safeguarded for emergencies, adjusting the value of the Iraqi dinar relative to the U.S. dollar remains a plausible option. “We’re unlikely to see the reserves touched, but a revaluation of the dinar, coupled with domestic borrowing, could help bridge a potential deficit,” al-Ansari explained.”   [Post 2 of 2]

Militia Man – Dinar Guru  Article  “National entitlements is in Iraq’s constitutional rights...”  The citizens are going to get a portion of their revenue stream.  They have non-oil and oil revenue streams.  They call it the HCL.  You can call it what you want, the Hydrocarbon Law, whatever…They haven’t been paid…But that’s one of their key focuses, national entitlements.  The citizens getting their salaries on time is a national entitlement, no different than the oil revenue streams…customs at the borders…That money is public money.  They’re going to get a portion of that to some degree.  They’re also going to get purchasing power...A better quality of life.

Mountain Goat – Dinar Guru   …remember that the “Development Road Project” is still underway and the  initial funding for the first “Economic City” was provided…This is what is going to bring the economic boom. Iraq has also opened up to the strong possibility that their future revenues cannot rely solely on oil. 

Militia Man – Dinar Guru  The merger of the two state banks is likely awaiting the new exchange rate change.  That’s how I see it.  You don’t see oil flowing from the Cyan port.   You still see them talking about retroactive budget, the salaries not being paid, not exposing article 12 section 2 and then paragraph C of their 2024 budget exposed publicly yet...Everybody’s waiting for Iraq to make a move…

Frank26 – Dinar Guru  Article quote: “The U.S. administration’s not-so-secret plan is to rebalance trade by weakening the dollar. A way to do that would be to enlist foreign central banks [CBI -Guru Frank26] in a coordinated effort to revalue their own currencies.”    DO YOU THINK TRUMP OWNS ANY DINARS?  What the tariffs are doing is working.  And what they’re doing around the world is working, with the American dollar. More so, the tariffs are now working in Iraq to bring forth the new exchange rate IMO because it tell you right here, flat out..the US administration, it’s not so secret their plan.  They’re admitting it!  [Post 1 of 2]

Frank26 – Dinar Guru  Article quote: “The November paper suggested the United States would use the threat of tariffs and the lure of U.S. security support to persuade foreign countries to appreciate their currencies against the dollar, among other concessions.”  Like lifting the value.  TRUMP IS DOING THIS TO PUT PRESSURE ON THE IQD EXCHANGE RATE!  Because they’re leaving money on the table.  This is a wonderful article.  This is direct and straight to the point.  It is the Asraflak at its highest…This is telling the citizens exactly what they are about to do.  Or better yet, exactly what the US Treasury has done with the CBI with their currency.  [Post 2 of 2]

Mountain Goat – Dinar Guru   I have to say that the pace of change and reform for the U.S. is overflowing now into Iraq as the new U.S. leadership takes shape on foreign policy…It is now almost indescribable my feelings as to what is going on in Iraq and all the  wonderful changes happening that we prayed so hard for and so long.

Clare – Dinar Guru Article: “JPMorgan announces its readiness to finance investment projects in Iraq.”  Quote:  “A delegation representing JPMorgan Chase expressed its willingness to finance a number of investment projects in Iraq, either directly or through partner financial institutions…This came during a meeting between Prime Minister Mohammed Shia al-Sudani…”

Mountain Goat – Dinar Guru   This new digital dinar is going to make a huge impact in freeing up these stashes of paper dinars back into the banking system…It was just announced by the CBI…that the digital dinar currency for Iraq is coming much sooner than we expected…It was never the short-term policy of the CBI to go to a digital currency but the mandate mostly from the IMF and the U.S. Treasury to clean up the dollars going to Iran forced it earlier…Remember that this was the main driving force to do the digital dinar much sooner than later.

Samson – Dinar Guru  Article:  “Sawiris: The Rose City project in Iraq will include the largest garden in the world.”   Quote:  “Egyptian businessman Naguib Sawiris described the Rose City project in Iraq as “something never seen before in the Arab region…“

Sandy Ingram – Dinar Guru   CBI governor al-Alaq has emphasized Iraq’s financial and banking systems are undergoing fundamental transformations stating paper currencies will decline making way for digital payments issued by central banks. He confirmed the bank is actively working toward launching its own digital currency aligning with trends seen in other central banks worldwide…With transactions moving to a controlled digital space, it will become nearly impossible to maintain a secondary unofficial exchange market…Stay positive, we do not yet know what Iraq will do…

Walkingstick – Dinar Guru  Trump is getting Iraq to repay America in the same way he’s getting every nation that has abused us to repay us back, from NATO countries to Iraq…Trump has always wanted a fair deal whether it be with him selling his buildings or him as a president with our American dollar.  Iran and Iraq owe the United States of America a lot of money…I can see it in Trump’s actions, the monetary reform is the #1 thing for him right now.  How else is America going to get repaid?

Dinar Guru – Samson   Article:  “Erbil and Washington agree on the need to resume Kurdistan oil exports as soon as possible.“

Militia Man – Dinar Guru  Article:  “German report: Iraq is moving toward issuing a digital currency to eliminate US  control over the central bank.“  The part about the “It will have the same value as traditional currencies”, has my attention to be  sure, as 1310 Official Exchange Rate today, is not going to be what it will be into the near future, as it is not a traditional value for the Iraqi Dinar. It is not even close to it. imo

Samson -Dinar Guru  Article: “German report: Iraq is moving toward issuing a digital currency to eliminate US  control over the central bank.”  Quote: “A report by the German website news outl revealed…Iraq has begun abandoning the US dollar in its efforts to launch the Iraqi digital dinar to end the parallel market.”   

Sandy Ingram – Dinar Guru  When Iraq talks about the digital dinar they are talking about the Central Bank of Iraq’s digital currency, not cryptocurrency.  [We] do not believe the older generation in Iraq will accept the digital dinar.  They keep their currency under the mattress because that is what makes them feel safe.  They have lost money at the banks before.

Militia Man – Dinar Guru  The Central Bank confirms they’re ready to launch a digital currency.  The central bank in my view has that infrastructure in place at the bank.  It sounds like successes are already in place, allows them the ability to say things like, ‘We’re ready to launch digital currency.’ And that’s dinar…It’s a big deal.

Samson – Dinar Guru  Article: “Umm Qasr Ports receives the first giant transport ship from the Korean company HMM“

Mountain Goat – Dinar Guru   Article:  “DIRECT IMPLEMENTATION OF THE ASYCUDA SYSTEM AT ABU FLUOS CUSTOMS IN BASRA”  Quote:  “The electronic automation system (ASYCUDA) has been implemented at the Abu Flus Customs in Basra Governorate.”  The more provinces that have been implemented with ASYCUDA means more revenue streams to Baghdad. They told us years ago that the Customs and Tariffs could rival the oil revenue, if they could only get it managed correctly. They are doing this now and this is yet another sign of this coming to a reality.   [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru   …the ASYCUDA system needs to be linked to FOREX to get the most current rates of currencies in order to determine the tariff amount. How can this work without FOREX or some link to the most currency rates, not just the IQD. This is also supported by the WTO, who requires this linkage of data between ports of entry. We should be watching this effort carefully.  [Post 2 of 2]

Mountain Goat – Dinar Guru  Article:  “INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”.  If you look at the
Dr Shabibi plan to get to the reinstatement you can clearly see…he planned to put the brakes on after each step, then monitor closely for inflation… Folks the process is working…

Clare – Dinar Guru  Article: “America calls on Iraq to end dependence on Iranian energy and welcomes Al-Sudani’s commitment” Quote: “The US State Department called on Iraq to stop relying on Iranian energy sources ‘as soon as possible’...“

Breitling – Dinar Gur  Very basic.  It is an inflated inflation.  The inflation was created by how many notes they printed.  They are producing more oil when it was worth $2 to $3 a pop…According to General Hugh Tant at one time it was legitimately worth $3.  Look at their oil production then, their economy then, the amount of notes they had.  They have more customers, producing more oil.  All those boxes check off.  So what is keeping the value of the dinar down?  It is the amount of notes that are out in circulation.  That’s it.  That’s all it is.  Iraq has the opportunity call in those notes and add value to its currency.