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 – 12.16.2015

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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firefly (Dinar Guru) – [so where do we think we are on the rv before 25 dec 2015?]  IMO, we are VERY close.  The date doesn’t matter, what matters is that it has begun!  We can crunch numbers all we want, speculate all we want.  Bottom line is, this plan was not designed to fail!
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Poppy3 – …TARIFFS WILL NOT PRODUCE A DIME OF PROFITS AT THIS RATE…THEY HAVE TRIED TO IMPLEMENT IT SEVERAL TIMES AND FOUND IT COST MORE THAN IT BRINGS IN.  THEY WILL RV BEFORE A TARIFF LAW WILL PRODUCE ANY PROFITS.
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Frank26 (Dinar Guru) – You think that oil is very low right now…IMO…the barrel of oil has not hit bottom yet…oil will go lower…therefore the big push to get into the RV NOW not in 2016…  ISIS used oil to make profit…to get money and to be a terror…we made whatever needed to be done with Iraq monetary reform to push it and hurry it along…oil has not hit bottom yet…it has served to choke ISIS to death because of the price of oil dropping so dramatically.  Right after the first of the year…IMO…right after the RV…oil prices will go back up but it must inflict more pain to ISIS now before it goes up.
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Adam Montana (Dinar Guru) – [There is a lot of talk about the HCL coming out in the Budget.  Do you agree with that or do you think it will be a separate piece of Legislation  unto itself? ]  I think it will be mentioned in the Budget, but officially done as a separate piece of legislation.
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tlm724 (Dinar Guru) – Article:  “The International Monetary Fund announces the final touches on the Iraqi economy monitoring program”  “the International Monetary Fund announced that he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy”  thats it, thats the key to what we have been saying about the IMF having the con in Iraq…manage the Iraqi economy…MANAGE!  and yesterday we saw the IMF was not pleased one lil bit about Iraq devaluing the dinar!  this is awesome news/confirmation that the IMF has this thingy.  so we have the IMF in charge of the economy and a budget passed, pretty dayum good morning if ya ask me.  
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Adam Montana (Dinar Guru) – The BUDGET, and also HCL – there is reason to believe that we have some HUGE progress on this as of TODAY, but it’s too early to give an official statement. It appears that the BUDGET was passed today in Parliament, but please everyone… give it a day to simmer and see if anything else comes out.  Don’t take that as a negative! We have a good chance to see BOTH done before the end of 2015, which could be absolutely amazing!   If you’ve been involved with the dinar for long at all, you might remember that previous budgets weren’t approved until well into the year they were actually focused on. To get a Budget done this fast is GREAT for us! I like it.
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Kaperoni (Dinar Guru) – Article: “the House of Representatives decided to postpone the vote on the ninth paragraph own balancing the province at the end of today’s session.”  I do not think the budget is done until they agree and vote on the Kurdistan share.   I don’t see this as good news. There is little to no chance during 2016 this will come back into parliament to get resolved. And as we know the Kurds would not accept less than 17%. What this did was in essence give permission to the KRG to pump and sell their own oil since they know there is no chance of getting any funds from the central government. It will only alienate the relationship.
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rcookie (Dinar Guru) – Article:  “President of the Parliament congratulates Iraqis approve 2016 budget Wednesday 16 December 2015 16:42”   2016 budget approved by parliament majority.  2016 BUDGET COMPLETED IN RECORD TIME! 11TH HOUR ATTEMPTS TO PARE KURDS SHARE FAILED… Parliament voted to give Kurdistan 17% of the budget in 2016.
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Delta (Dinar Guru) – …it is about time for Iraq to move forward…whatever the plan was before they do want to move this faster…in my heart I believe this is the month we should see things happen…this year is totally different…so many things are going on…what all started this was the contract that Iraq had to sign with the IMF…that was the trigger...there is no nation on earth that gets the support that Iraq gets from the IMF, the World Bank and others…why…they do not want them to fail…the authors of the plan do not want them to fail…   Abadi came out and said this is the time to activate the monetary reform.  IMO the rate has to change…if I’m the CBI…if I’m going to put those LD’s in the banks…I have to have a rate for the LD’s to be sold to the banks…they have to have a good value for later to make money…bottom line…the CBI has to offer a rate that is good for the CBI and the banks as well as the citizens and for us.  We are very close, expect the unexpected…on the verge of something big happening… IMO we will see the rate before the end of the year.
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Frank26 (Dinar Guru) – What they are doing right now with their banks, auctions, and LD’s is all that matters…they will stop the auctions on the 31st…the 31st is a Thursday…Friday off…Saturday off…the beginning of the year…this is not a coincidence…they will need to start selling their own currency through the auctions to make money…they do auctions because they are not international…so they sell USD to make money.  But now they will be international with an international currency and rate…out of Article 8 which will do something phenomenal with their reserves.  If these LD’s are purchased by the banks do we then have to have the rate…no…it means they are now in position to introduce the rate.
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Kaperoni (Dinar Guru) – The agenda of the meeting No. (45) Wednesday 16 December 2015:  “Second:  The vote on the draft general budget of the Federal Republic of Iraq for fiscal year 2016. (Finance Committee,Legal Committee,The economic and investment commission), (Article 38).”  Be interesting to see if they can pull this off or if they will have to wait to another day for lack of quorum.
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