Dinar Observer Daily

Breitling – Dinar Guru  You’ve got to get it out of your head that there’s a group in Iraq somewhere that doesn’t want them to revalue their currency…which countries would not want Iraq to get into the Swift system?  That would be Russia and China.  So if there’s any negative news I haven’t seen any of it.  The dinar crowd is so small, Russia and China hasn’t put any effort or money into degrading Iraq’s chances…  

Sandy Ingram – Dinar Guru  Article:  “Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries”  This story was on the front page of a major news portal in Iraq…the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union…I am not sure what that statement means but…it looks like Iraq is sending a message…everything is okay…

Samson – Dinar Guru  Article:  “Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries”  Quote:  “...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly.“

Pimpy – Dinar Guru  Article:  “Iraqi gold reserves rise to 131 tons”  We’re seeing Iraq increase their gold holdings more and more.  This only strengthens the currency…it’s nice to see Iraq increase their reserves.  It’s nice to see Iraq increase their gold holdings.  Both do a great job of strengthening the Iraqi dinar so that when they finally go to make the exchange rate change they will be protected.

Sandy Ingram – Dinar Guru  Article:  “Roads, border jammed as millions of Iranian pilgrims head to Iraq”  We are learning that tourism is providing a vast amount of income for Iraq…

Samson – Dinar Guru  Article:   “The highest since 2003.. the Iraqi Central announces a rise in foreign reserves”  Quote:   “its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003…Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world.“

Nader – Dinar Guru  I don’t know if you saw the news this morning…they start exchanging money with the European countries.  That mean you can walk to France or Germany or Italy, any European country and exchange your dinar.  The bank in Europe soon will be accepting it.  If they come out with this news ‘we plan to develop something with European Union.’ That means they already did it and they’re just waiting for the execution…

Pimpy – Dinar Guru  Article:  “Kushner: Al-Abadi asked for US protection in exchange for money”    I don’t know how to even digest what is going said here…Kushner this is Donald Trump’s son-in-law…and advisor…”revealed in his memoirs Breaking History…they could get 20% of Iraq’s oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that...” ….

Mountain Goat – Dinar Guru   On Wednesday…the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives…It is good news…Basically, it is saying they threw the burden to the courts to decide…It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? …I believe they were waiting for the court to render it decision first.  So, will they now act? We wait and see.

Pimpy – Dinar Guru  This is good news.  Article “Officially.. Iran is offering the Iraqi dinar in its local banks”  The more people to use the dinar the more there is a demand for it…this is good.  Think supply and demand…If you don’t get the supply to cover it then that means the currency goes up in value.  So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.

Militiaman – Dinar Guru  Article “Kurdistan Retirement releases salaries online next week”  They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. “Specific Mechanism ” They will have it all sorted electronically and on the new system.

Breitling – Dinar Guru  This investment hasn’t gone negative.  It hasn’t gone south…your feelings aren’t a reality.  The reality is Iraq is moving forward and they’re going to add value to their currency.  What moment?  What day?  We can only speculate.  But don’t go down that rabbit hole of, ‘It’s never going to happen.‘  It’s garbage.  It’s bull crap.  [Post 1 of 2]

Breitling – Dinar Guru   I don’t see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency.  I have not seen one single article, one word come out of the CBI [saying that]…They’re always talking about how they’re going add value to their currency.  [Post 2 of 2]

Samson – Dinar Guru  Article: “Iranian Central: Offering the Iraqi dinar to local banks“  Quote: “The governor, “Ali Saleh Abadi,” said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday).“

Mountain Goat – Dinar Guru  The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution…to decide if it is legal to do so outside of the specific conditions set in the constitution.

Nader – Dinar Guru   [Another corrupt official arrest video] There is another one!  I told you it’s a lot of people are gonna get arrested.  A lot of people got arrested already.  My friend is sending me these videos.  He works with the forces and he’s involved and arrests these people…when I said a lot of people are gonna get arrested it’s a lot.  It’s at least hundreds and hundreds of them...

Pimpy – Dinar Guru   What ever happened to the investigation into Maliki?  How come we haven’t heard anything about it?  Well lo and behold look what’s in the news…  Article:  “New details about the judicial investigation of the “leaks of al-Maliki”  Maliki, if it wasn’t for his buddy being a leader of the Supreme Court this man would have been in jail…by now…the article goes on to say that the investigation is still open.  It has not been shut.  All necessary steps are being taken to assure that the right thing is done…

Kaperoni – Dinar Guru  The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools…

BGG ~ I wish our citizens were smart enough not to put their money in banks… as it is here, our people now can’t tell the difference between Gold Bullion and a Snickers bar.

Sandy Ingram – Dinar Guru  All central banks exist for the purpose of creating and maintaining stability.  Central banks around the world are stability banks whose job it is to keep the economy stable.  Thus when Iraq Central Bank has something to say we listen.  Right now they are saying transparency is their new M.O. or mode of operation…

Samson – Dinar Guru  Article:  “The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision”  Quote:  “The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament“

MilitiaMan – Dinar Guru  The Judiciary are only now to make recommendations in regard to dissolution… Not decisions like they said in the first place. Hence why the likelihood the UN steps in…  There are no coincidences… imo  Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. IMO

Samson – Dinar Guru  Article:  “Iraq is on the “white list” of countries in the fight against money laundering”  Quote:  “Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing.”

Militiaman – Dinar Guru  “The US and the UN do not bode well for Iraq and our investment…”   I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is…a bad thing, you might better study that a bit deeper…money will trump everything.  This is not only about Iraq. Please consider the recent remote meetings…with the largest financial entities in the world this last week…It was about global financial security and that my friend includes Iraq and a basket of currencies in the region…With all the data out there…We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way…

Sandy Ingram – Dinar Guru  Article:  “Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq”  The Central Bank of Iraq is taking a firm & strategic approach…with dealing with international financial organizations in order to restore confidence in international banking transactions…It’s important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries…

Samson – Dinar Guru   Article:  “Soon.. Al-Kazemi to America”  Quote:  “Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih...”the reason for Al-Kazemi’s departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis…“

Pimpy – Dinar Guru  When it comes to these senior officials, timing is everything. There are two political forces that are battling with one another…I have a feeling this individual is somehow someway linked to Maliki… [Post 1 of 2…stay tuned]

Pimpy – Dinar Guru   Article:  “Iraq security official Arrested Over Bribe: Graft Bod”  Quote:  “The unnamed official was caught red handed receiving the bribe…the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer…” [Post 2 of 2]

Mountain Goat – Dinar Guru   Article:  “FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%”   …for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy…

Militiaman – Dinar Guru  Article:  “The General Secretariat: Automation of outlets has raised the value of revenues for three years”  The borders will support the value of the currency aside from oil and other minerals, tourism, etc..

Samson – Dinar Guru   Article:  “Integrity reveals the details of the arrest of a senior officer in Maysan and calls on citizens to cooperate” Quote: “The Federal Integrity Commission revealed, on Monday, the details of the arrest of a senior officer in one of the security services in Maysan Governorate, red-handed, noting that he “blackmailed citizens and bargained with them”, while calling for reporting cases of “bargaining, extortion and bribery.“