Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.

Word for the day…

Hebrews 13:15 (NKJV)

15 Therefore by Him let us continually offer the sacrifice of praise to God, that is, the fruit of our lips, giving thanks to His name.

Heavenly Father, we praise You! Thank You that this is a month for Thanksgiving! In Jesus Name, Amen.

Mrs. BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 12.15.2015

http://www.cbi.iq/

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Thought, not money, is the real business capital. – Harvey S. Firestone

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*** Current Posts ***

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Breitling (Dinar Guru) – …people say, “according to the IMF rules the dinar can only change 2%”  Iraq is completely outside of it’s true value…it went from $3.25 then in the middle of the Gulf War to about $1.25 per dinar…then what did we do?  We flooded the country with it’s own currency…that’s manipulated.  We did that on purpose.  So how does the IMF rule apply to that?  How about they get back to the market value with the equivalent amount of dinar they had out there.  They reduced it [The number of notes in the market] right?  They reduced it but they still have the same value as when we all got started in this.  So that raises a question and gives you an idea about how manipulated the currency is.    So you don’t need to go through the IMF rules…they don’t have to do anything.  China doesn’t.  the United States doesn’t.  Iraq doesn’t.  No body does.  no one wants to follow the rules anymore…it’s full on competition.  The big war right now is the currency war.  [post 2 of 2]
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Millionday (Dinar Guru) – Quote:  “To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)”  THIS IS A FORMAL ORDER FROM CBI AND MEANS NOW.  THIS IS STATING THAT THE BANKS AND MONEY COMPANIES ETC MAY NOT DEAL WITH DOLLARS ANY LONGER — THEY WILL BE SENT TO CBI I WOULD ASSUME FOR OIL PAYMENTS AS THE NATIONAL CURRENCY IS THE DINAR… THEY MUST ONLY USE DINARS AS WE USE DOLLARS…
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 Frank26 (Dinar Guru) – …it is possible…IMO…that we may see a rate change right after Christmas…especially if they use the LD’s…if the banks decide to buy them this week look out…then they put them in their vaults…they won’t stay in the vaults very long…if they stay in the vaults more than 24-48 hours they will lose a lot of money…the auctions will have a major pendulum swing either to the right or the left…this is our gift to you…the banks have to buy the LD’s…its going to be so loud and obvious…if they swing to the left they are low numbers…just trying to confuse…if they swing to the right…they don’t care they are about to change their rates.   [post 2 of 2]
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Frank26 (Dinar Guru) – there is no sense talking further about the IQD unless they release the LD’s…I believe they are about to…the LD’s are under lock and key at the US Embassy.  there was too much thievery going on at the CBI.  Now it is important for you to understand…IMO…the LD’s are coming out next week…my TEAMS study that the LD’s will go through the auctions…they can no longer simply be distributed to the banks…there must be a documented paper trail…  It’s rather quiet on the monetary reform front until today…three of the most powerful articles about their Monetary Reform…  [post 1 of 2….stay tuned]
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Kaperoni (Dinar Guru) – Article quote:  “..high-level parliamentary source, Tuesday, vote for a coalition of state law during an emergency meeting held this evening, not to pass the 2016 budget unless you reduce the region’s budget to 13%.”  Well if true there is no chance of voting tomorrow on the budget.  The Kurds won’t go for less either.
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Breitling (Dinar Guru) – This is driving people nuts and I don’t know why…there was a change in the value of the dinar and people are trying to speculate what that means and what’s going on.   I’ve used this analogy before…what makes special forces elite and better than anybody else?  It’s their training.  So whenever they have a task to accomplish they are not guessing.  They have a plan a, b, c, d and e with multiple scenarios and multiple exit plans.  The reason I tell you this is that is exactly what Iraq is doing with it’s currency.  That is the only reason the value changed this last week.  It’s because they are testing the market.  But they are testing it at a very small level.  Why are they doing that?  Because they don’t want to guess.  There should be a direct response on any type of movement of a currency…It’s a test and nothing more.  They want to see how the market reacts.  That’s policy.   The other question that’s kind of interesting is…[Post 1 of 2]
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Millionday (Dinar Guru) – Article quote:  “the meeting presidencies Saturday evening in the presence of leaders of political blocs stressed the need to pass the oil agreement…”  THEY HAVE AGREED ON THE HCL.  DURING THIS WEEK THE HCL WILL BE VOTED IN FOLLOWING THE BUDGET VOTE…ACTUALLY EXPECTED ON THE 16TH.  IT MAY NOT BE SAME DAY BUT THEY STATED IT WILL BE THIS WEEK.
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Kaperoni (Dinar Guru) – The IMF will get the CBI to join the worlds money game sometime in 2016 and after that, supply and demand takes over…  It’s hard to stay optimistic…But this will not fail. Hundreds of countries have signed agreements over the years to invest, and even more companies are committed to set up businesses. If you need an example just look to how busy the Kurdistan region was from 2005-2012 before the downturn and ISIS war. We must be patient and wait for it to happen. Let it come to us.  [post 3 of 3]
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Kaperoni (Dinar Guru) – So what we are seeing now is efforts to pass laws, banking compliance, etc. to create the environment for international investment. As a result, Investors and investment will come into Iraq, deposit funds through the Capital Account of the CBI and participate in Iraq’s rebuilding, infrastructure and market economy. This will in fact create inflationary pressure, the result of that will NOT devalue the dinar, but will allow the CBI to raise the value of the dinar. And as stated directly in the IMF Article IV Consultation, it’s called the Balassa-Samuelson effect. [post 2 of 3….stay tuned]
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Kaperoni (Dinar Guru) – I believe some in Iraq think that the issuance of the larger notes will raise prices in Iraq and bring back inflation. And as a result allow the CBI to remove the 250, 500 (like they did the 50).  What would be left would only be 1000, 5000, 10000, 25000 and 50000.  As a result they could delete 3 zeros via LOP at 1 to $1.  This theory is not what is going to happen.  What is going to happen is exactly what the IMF stated. Which is appreciation of the dinar based on investment.  [post 1 of 3….stay tuned]
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Poppy3 – I FULLY EXPECT TO SEE A NEW RATE TO SHOW THEN THE AUCTIONS TO STOP THE NEXT DAY. WE WILL SEE BUT A 24 HOUR PERIOD MAY BE LONG ENOUGH. IF I REMEMBER CORRECTLY DR SHABIBI BEFORE STATED HE WOULD NEED 3 DAYS TO CHANGE? IN THIS CASE DONT KNOW IF THAT STILL APPLIES?  [Do you really think this could be the end of the line for our investment. Meaning an RV this week.]  I SAID A MONTH AGO BY JAN 1…I STILL THINK THAT IS RIGHT.  NOTHING NEGATIVE SINCE I STATED THAT ONLY BETTER INFORMATION. WE ARE CLOSER DAILY NOT STATUS QUO OR NEGATIVE ONLY PROGRESS.
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Mnt Goat (Dinar Guru) – Many events seem to converge on the month of December and now January, and in particular mid December close at hand, so let’s pay close attention to what is happening these next couple months. I believe in retrospect we will say this was a very significant time.  I want to keep all of us focused on currency reform. Right now this is exactly what we should be watching in expectation of the launching of the lower denominations. Many sources have told me the plan of the CBI is to launch the lower denominations sometime around early February 2016. Will it occur? We can only wait and watch.  [post 2 of 2]
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