Dinar Observer Daily

Jeff – Dinar Guru  We at the civilian level will have 90-days to exchange.  Countries, central banks, will not have to adhere to the 90-days.  Don’t confuse central banks with you and I at the civilian level.  We will have a 90-day period to get them turned in most likely because they’ve already done that twice in Iraq.  The central banks won’t have to adhere to 90 days.  The central banks will use it under Basil III compliance to asset back their currency values.   Central banks and governments are different than you and I…at the civilian level.  Don’t mix those two up.

Samson – Dinar Guru  Article:  “AL-ZAIDI GOES TO WASHINGTON TO BARGAIN WITH TRUMP: WEAPONS FOR THE FACTIONS IN EXCHANGE FOR A BROADER PARTNERSHIP“

Clare – Dinar Guru  Article: “As confirmed by Shafaq News, Al-Zaidi will travel to Washington tomorrow”  Quote:  “Iraqi Prime Minister Ali al-Zubaidi will head to the US capital, Washington, on Monday, at the head of a high-level delegation, in a visit that Baghdad has confirmed is of great importance, especially as it comes at a delicate regional time.“

Clare – Dinar Guru   Article:  “Al-Mustaqilla reveals: 3 key issues in Al-Zaidi’s visit to Washington”  Quote: “As attention turns to Iraqi Prime Minister Ali al-Zubaidi’s visit to Washington on July 15, information…reveals that the economic agenda will be at the forefront of the talks, with an American focus on financial files related to Iran, while the file of combating corruption is absent from the visit’s agenda….these files reflects Washington’s interest in securing the Iraqi financial system and preventing its use as a loophole to circumvent sanctions, at a time when Baghdad is seeking to maintain the stability of the dinar’s exchange rate…“

Stephen – Dinar Guru   I do believe we are getting closer to the end of this Iraqi dinar valuation ride.  I wanted to go over a few different possible rate outcomes – How much dinar you would need to own in order to…walk away with…the amount you’re looking for? …Do I believe the Iraqi dinar will revalue at 10 cents?  I personally do not. However I think it is important to be prepared for all possible scenarios...Iraq might want to revalue at a very low rate to pull in a lot of notes, to get a lot of people to exchange quickly and then possibly raise the rate...I based my entire Iraqi dinar investment on 10-cent revaluation.  This way if the revaluation comes out a lot higher I’m going to be happy…If your target is to walk away with $1 million, at 10-cent RV, you would need 10 million Iraqi dinar…If your goal was to walk away with $10 million then you’d need to own 100 million Iraqi dinar, that’s roughly $100,000 (invested)…  [Post 1 of 2…stay tuned]

Stephen – Dinar Guru   At a 50-cent RV, if your target was $1 million you would need about 2 million Iraqi dinar…If you wanted to walk away with about $10 million, then you would need to own about 20 million Iraq dinar.  That is about $20,000 (invested)...Iraqi dinar could revalue at $1.00…Let’s say your target was to walk away with $1 million, you would need 1 million Iraqi dinar…If your goal was to walk away with $10 million, you would need to own about 10 million Iraqi dinar.  That’s worth about $10,000 today… Using a $3.00 revaluation…if your goal was to walk away with $1 million, you would need to own about 333,000 Iraqi dinar…If your goal was to walk away with $10 million...then you would need to own about 3,333,333 Iraqi dinar.  That’s roughly $3,300 (invested)…Sometimes it’s fun to speculate… [Post 2 of 2]

Mountain Goat – Dinar Guru  There are many more reasons for withholding the return of the IQD to FOREX. If you have been in this investment, even for a few years, you have witnessed the corruption and now in today’s news we see it again. We see a huge surge of arrests under the new prime minister al-Zaidi and much of the stolen funds that are to be repatriated …The recent efforts in Iraq to combat this corruption are stemming from the efforts of the newest envoy to Iraq, Tom Barrack (economic hitman) working in tandem with the new prime minister…I believe also this is all part of the Washington takedown of the Iranian regime as you can’t disconnect what Iran has been doing to Iraq…I believe that in this point of time, only president Trump can manifest any real progress in making lasting peace in the middle east and perhaps molding Iraq too to complete requirements to satisfy moving back to FOREX.  

Stephen – Dinar Guru  It’s a very very fluid situation.  We have to see how things play out.  It’s all positive.  It’s all good things if you are a dinar investor.  I don’t see how you can’t be very very positive and excited right now.  We’re not there yet but I believe we are seeing the light at the end of the tunnel. Some of you have been involved for 20…15…5 years.  I know a few people that have only been involved in this for under a year…keep your head up.  Stay positive. Let’s see how things play out the rest of the month. We are in very very exciting times. 

Samson – Dinar Guru Article: “JUDICIARY : 14 BILLION DINARS SEIZED IN THE AL-JUMAILI CASE, HIDDEN IN A RAINWATER  DRAINAGE PIT” 

Sandy Ingram – Dinar Guru  VND vs IQD.  Both countries were at war with America.  However after the war the two countries took different paths…How do those paths affect the currency…?  Because Vietnam is governed by a communist system that  closely controls its currency, the Vietnamese dong (VND) receives less attention from currency investors…That said, Vietnam’s economy has grown rapidly.  Foreign investment remain strong and the VND is often viewed as a relatively stable currency…Vietnam now uses the American dollar to help facilitate its massive travel industry…The economy has grown rapidly in Vietnam but chooses to keep the VND relatively weak to help exports...Vietnam is a communist country who grows money like a capitalist… [Post 1 of 1]

Sandy Ingram – Dinar Guru  Vietnam has a much stronger economy than it did decades ago, but the government still carefully manages the currency instead of allowing it to rise sharply.  Vietnam chooses an export-driven manufacturing  economy...Iraq’s economy remains heavily dependent on oil revenues.  See the difference?  …Vietnam’s government continues to hold  the VND down.  In Iraq’s case it’s the Central Bank of Iraq, who openly holds the IQD down and with good reason.  Iraq is still  implementing banking reform.  Even if the CBI allowed the currency to float or…allowed the currency to increase in value, it would be difficult on an international level because the Iraqi banks don’t yet talk to the banks in Hong Kong, London or New York.  Not yet. [Post 2 of 2]

Reset Intelligence – Dinar Guru   A currency cannot climb while a foreign power is quietly bleeding it.   The Iraqi dinar could not price at its real value for 20 years because too much of its money flowed to Iran. This week, for the first time, both hands [ASYCUDA, a customs system] closed on the wound at once.

Stephen – Dinar Guru   A stronger currency usually belongs to countries that have accurate trade records, modernized banking, lower corruption, reliable tax collection and investors who actually trust the country.  The ASYCUDA system helps to improve several of those areas…Before a country wants a stronger currency it usually wants good customs… banking… accounting …trade data…compliance.  The ASCUDA system is one of those foundational pieces.

Mountain Goat – Dinar Guru   Just recently the integrity commission along with the security forces inside Iraq conducted a huge sting operation called ‘Dawn Charge’. This has got Trump written all over it…president Trump is BIG in cleaning out corruption and corrupt officials. To move Iraq ahead this is a necessity. It is only through the economic hitman Tom Barrack that this movement is now making a dent in the corruption in Iraq... the end result may very well be…an entire new paradigm for Iraq and how it will conduct business and politics. This could be the start of the ‘economic revolution’ they talked about…

Sandy Ingram – Dinar Guru   Investing in Iran’s currency – before you look at me sideways, just know that savvy investors all over the globe are looking at the possibilities.  Pakistan even made a video on the subject.

Jeff – Dinar Guru   Question: “Are there any other currencies that are going to go?”   I don’t believe any other currencies are going to go but that’s my opinion and I respect there’s many other people that think there’s other currencies…

Stephen – Dinar Guru   Corruption has been the one single-handedly thing that has held the country of Iraq back.  It has stolen from their people directly and it has delayed the Iraqi dinar revaluation.  It has all let us to the point we are at right now which is the tipping point.  It’s really a do or die type time period we are in.

Clare – Dinar Guru  Article: “Government advisor: No change in the dinar exchange rate against the dollar”  Quote:  “The financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, denied the existence of any plan or program by the Iraqi government to change the exchange rate of the dinar against the dollar, stressing that this matter has not been discussed in any way.”  EVEN A DENIAL AT THIS TIME IS TIMELY.

Reset Intelligence – Dinar Guru  For years, Iraq’s central bank sold dollars at the official rate to anyone who could show paperwork for imported goods. Much of that paperwork was fake…The cheap official dollars flowed straight…to Tehran and the militias it funds. One Baghdad bank alone is accused of pulling 6.5 billion dollars out of the auction on fraudulent paper.  That  fraud… was a supply line, and Iran stood at the end of it, fed dollars the United States itself had wired into Iraq’s account. This morning it changed. Iraq switched on ASYCUDA, a customs system…so the fake paper stops clearing. The central bank also cut the cash dollars a traveler can carry from 3,000 to 2,000 a month, closing the retail leak alongside it.

Stephen – Dinar Guru The biggest argument for the Iraq dinar not being able to revalue is because the money supply is too large.  When you have trillions of dollars getting smuggled and stolen every single month, when you put a stop to that…you’re greatly reducing the money supply and you’re saving the country a lot of money.  [ASYCUDA] single-handedly is going to stop a lot of the corruption that’s been going on in Iraq for years and years and years.

Mountain Goat – Dinar Guru  I have been telling everyone for years that this Iranian proxy status in Iraq must end and Iran must be taken down and we would not see the RV until this happens…Now it is happening and the takedown is underway. We all should be very happy for this situation not gloomy…

Stephen – Dinar Guru   I do not care if you own Iraqi dinar or not.  I personally believe the revaluation of the Iraqi dinar will be one of the largest financial events in our lifetime.  If you’re holding Iraqi dinar, I believe you have been strategically led to it.

Jeff – Dinar Guru   You got to take the time to choose things wisely, where we go in for exchanges…A lot of banks might keep a 1% amount off the top.  That’s a question you got to ask your bank and what you want to negotiate with your bank.  Before you go, find out what their fees are, their spread that they’re going to charge you.

Reset Intelligence – Dinar Guru  Western oil majors gave up on Iraq’s fields years ago over security and brutal contract terms. Chinese and Russian firms took their place. This weekend Halliburton signed back in, a 5-year deal to run 2 southern fields, days before Iraq’s PM flies to Washington.  You do not sign a 5-year oil contract with a country you expect to still have security  concerns or further risk…Al-Zaidi is not flying to the Oval Office to ask, he is flying there as a partner, to lock the deal that open Iraq to American trade and let the dinar fly.

Militia Man – Dinar Guru   I don’t normally dive deep into the “what to ask the bank” side because every bank’s policies are different, and things can change quickly. Most people get disappointed when they realize the real-world process is nowhere near as simple as the hype makes it sound…Most major U.S. banks do not handle large volumes of Iraqi dinars easily. Many  smaller banks or currency exchanges will only do very small amounts, if any at all. The liquidity for large holdings is extremely limited right now…

Stephen – Dinar Guru   $400 billion US Iraqi energy fund… This is huge…Iraq is openly giving top priority to American conglomerates across the energy, tech and communication sectors.  Iraq is inviting heavyweights like Saudi Arabia, the UAE, and Qatar to buy into this energy fund as well…Baghdad has mobilized a fast-track committee to lock in a new pipeline agreement with Turkey to secure a massive northern export route…The US-Iraq Energy Fund is worth up to 400 trillion Iraqi dinar… Those of you who say, ‘Oh, Iraq’s money supply is too big or the revaluation could never to happen,’ this deal right here puts that to bed..

Sandy Ingram – Dinar Guru  It’s real heavy in Iraq about now.  But I’m happy to say the cash has begun to flow.  The money is coming back into Iraq and the Prime Minister is preparing, as we speak, to come to visit Washington.  Yes, he’s got to do a little dance but that’s because he inherited a mess…And he’s doing, IMO, the best that he can going forward.

Clare – Dinar Guru  Article: “Diplomatic source: Al-Zaidi wants Iraq’s relationship with Iran to be state-to-state, not one involving guards, factions, and special corridors”  Quote:   “…Prime Minister Ali al-Zaidi is seeking to end one of the most dangerous areas of ambiguity in the Iraqi state, which is the movement of political and factional leaders between Baghdad and Tehran outside the knowledge of the government…The new measures do not appear to be merely protocol-based, but rather represent an attempt to put an end to a parallel relationship that allowed Tehran to communicate directly with its allies inside Iraq…“

Reset Intelligence – Dinar Guru   On July 10, 3 days out, the ASYCUDA customs system goes mandatory at every border and the paper trail dies. Egypt closed its own currency gap the same way in 2016. In roughly 8 days, Prime Minister al-Zaidi flies to Washington with a delegation of Iraqi business owners, carrying an IMF-shaped 2027 budget and a fresh American energy deal.

Stephen – Dinar Guru   An interesting article came out on Saturday.  What it said was Iraqi citizens are now exchanging their US dollars for Iraqi dinar because the dinar is strengthening.  If you’ve been involved in this investment for many years like I have, this has never happened.  The Iraqi citizens always want US dollars, preferred over Iraqi dinar because the Iraq dinar never had as much value as the US dollar…The fact they are now exchanging their US dollars for Iraqi dinar is a very telling sign.  It means there is an organic and grassroots event happening in the country of Iraq.  To me it looks like it is a precursor to some type of other major significant event happening, that we are all hoping and waiting for.