Dinar Observer Daily

Clare – Dinar Guru  Article:  “Trump warns BRICS against replacing dollar with other currencies”  Quote:  “US President-elect Donald Trump threatened to impose 100 percent customs duties on BRICS countries if they undermine the US dollar…Trump added ‘BRICS cannot replace the dollar in world trade, and any country that tries will have to say goodbye to the US market.“

Militia Man – Dinar Guru  We have a couple members that speak fluent Arabic…They come in on occasion and talk to me…or I reach out to them…to see if they can reach out to the tribal people or people that they know that are working on the ground…What I learned was…He gave an example if you’re taking a credit/debit card from a country A to country B and it works, meaning you have the ability to transfer money from one country to another on your card, …you can swipe your card into an ATM and get money, let’s say you’re [Iraqi], if you’re in a different country and you can swipe your card and get dinar or convert [Iraqi dinar] to Jordanian dinar or you can go to Saudi Arabia…the United States… Europe, if the card works in those counties, it’s going to be reflective of…an exchange rate... [Post 1 of 2….stay tuned]

Militia Man – Dinar Guru  Article: “Trade Bank launches first experimental Visa card.”  Quote “…the Visa includes features for use in online shopping as well as for use in purchases…”   When we go online, we’re international in the World Wide Web.  It sounds like you’re going to be able to use a new electronic card across borders.  If this is an international card, showtime is about to being.  Because once they have experimented, if it works, everybody’s going to get one.  [Post 2 of 2]

Samson – Dinar Guru  Article: “Transport: Next month, a meeting with the international organization to resolve the European ban”

Militia Man – Dinar Guru  Article quote: “…Fundamental channels to transfer process we find no room for there to be two price for the dollar.”  Realize that’s article VIII compliance with the IMF.  They don’t want multi currency practices...You got to read these articles…and you have to paint a picture.  It’s not easy to see.  It’s really not, but you know what?  We can and we’re seeing it..

Sandy Ingram – Dinar Guru  Although things appear to be on a downward slope, the truth is that things are looking up in a big way for Vietnam.  Vietnam Pictorial Article “Foreign investors flock to invest in southern provinces and cities” …Over 40 German enterprises recently explored investment opportunities…Investors from South Korea, Japan and India have also visited leading to plans for major projects…

Clare – Dinar Guru  Article: “Al-Sudani: We have contact with Trump’s team and they want to develop relations with us”  Quote: “Iraq’s relations with the United States are institutional according to the strategic framework agreement.  Al-Sudani said in an interview with the Spanish newspaper El Mundo: We have communication with Trump’s team and they want to develop relations with us.“

Samson – Dinar Guru   Article:   “Fitch Affirms Iraq’s Credit Rating at B- with Stable Outlook“

Militia Man – Dinar Guru  These guys are in a stage of getting ramped up for production for the construction and reconstruction efforts of the country like they’ve never seen in modern history…The new era…is coming upon Iraq.  Let’s hope they have a previous era takeoff in a real effective exchange rate to help boost that private sector and industrial capacities that they have going…

Kaperoni – Dinar Guru  The dinar is not a lottery ticket so there is no significant RV or instantaneous riches. It could take months or even years to significantly improve the value of the Iraqi dinar based on the economic success in Iraq.

Nader – Dinar Guru  We will not go more than $4 so don’t waste your time and ask question about $16, $8, $11 and $12.  Don’t even do that now.  Come out at $3, yes.  If they reinstate it will come out at 3 to 1… $2.83, $2.87 to 1 or more maybe.  But it will not be more than $4.  I think $4 is too much too because no money in the world cost that much…Give me $2.50 I’d be happy.

Samson – Dinar Guru  Article:  “Parliamentary movement to dismiss the Governor of the Central Bank, Ali Al-Alaq“

Militia Man – Dinar Guru  Article: “IMF: Arab country confirms commitment to flexible exchange rate”   Quote: “The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks.” …Flexible exchange rate…is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming.  Let’s hope that change to come is for Iraq’s exchange rate…

Clare – Dinar Guru  Article: “Al-Sudani directs census teams to complete their mission tomorrow, Friday“

Clare – Dinar Guru   Article:  “Planning: Announcement of preliminary results of the general census in Iraq will be next week”  Quote: “The initial results will be announced after collecting and verifying the data, and this will be next week, either on Sunday or Monday, stressing that the announcement will be at an official press conference, and will include the results of the population of Iraq, the population of each governorate, the number of males and females, and age groups.“

Samson – Dinar Guru Article: “Prime Minister: Population census will establish a new Iraq based on accurate analysis“

Militia Man – Dinar Guru  Iraq is closed down right now for the census…It’s going to take about 48 hours…The new technical system they have is going to work quickly.

Nader – Dinar Guru  They been talking about the exchange rate every day almost to get it better and better.  I think it’s going to happen soon…I think it’s coming.  I’m just going like this with my hands [rubbing them back in forth in anticipation.]

Sandy Ingram – Dinar Guru  Here’s what’s been happening behind the scenes surrounding the IQD bank notes that are outside of Iraq.  Someone, somewhere implied we are holding Iraqi bank notes illegally.  There are a number of reasons why this rumor has taken root but not to worry…no federal US agency has supported this claim.  [We] believe this rumor was started by people who want to shut down IQD videos and with good reason.   Some of the claims being made on Iraqi dinar channels are completely untrue and have no documentation.  The second reason for the rumor is the closer Iraq gets to satisfying its economic goals the more illegal actors want to collect IQD banknotes for potential profits.  [Post 1 of 2…stay tuned]

Sandy Ingram – Dinar Guru  Thirdly, we know Iraq has overprinted the currency and it would be convenient for the country to ignore bank notes outside of the country…We found the documentation that proves most of us are legal holders of our Iraqi dinar.  The information was found in the US State Department Archives.  Here’s what it says, ‘The currency of Iraq is the dinar (IQD), sometimes referred to as the new Iraqi dinar.  Iraq’s current exchange system is characterized as a free foreign exchange system with no restrictions on purchases or sales of foreign currencies.  The Iraqi currency is fully convertible and can be exchanged freely with any other currency...’    [Post 2 of 2]

Samson – Dinar Guru  Article:  “Deputy of the Framework: Population census is essential for fair distribution of financial allocations“

Militia Man – Dinar Guru  One of our members speaks fluent Arabic…You have to ask questions. ‘Hey, I’ve heard this, is there any validity to it?‘ What are they talking about in the streets? What is the educational process?  …Purchase power… , about registering for the national card… Why?  Because that’s going to be part of the wealth that is going to be replaced.   They’re going to give back wealth to the citizens.  They’re going to use those cards.  If you don’t have a card you’re not going to be a part of it…It’s true.  It’s on [Iraqi] TV.

Mountain Goat – Dinar Guru   Article:  “DELETE ZEROS AND EVALUATE THE DINAR“  this…new article…by Ali Daadoush, the Iraqi economists… is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked. The part that sparked my interest the most was…quote:  “After the revaluation, it was linked to a basket of global currencies.”  He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation. However, after the revaluation, it was linked to a basket of global currencies…I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalues soon.

Nader – Dinar Guru  No body have to do with the exchange rate besides the government of Iraq or the Central Bank of Iraq.  The Treasury have nothing to do with it.  United States have nothing to do with it.  Nobody has to do with it…HCL and all that not have nothing to do with it.  

Samson – Dinar Guru  Article:  ”Association of Banks: 28 billion dinars are withdrawn daily from the informal market“

Militia Man – Dinar Guru  If in fact we have a revaluation of the Iraqi dinar a lot of things are going to change and a lot of people need to have at least a plausible deniability…The central bank…they openly exposed the education system, they talked about the zeros forever, they’re talking about the Islamic banking law, they’re talking about the Securities Law and they’re talking about that with some of the largest money institutions in the world.  Britain is on big one.  Same with the United States…It’s exciting.  I think it’s powerful that we’re watching this unfold…

Clare – Dinar Guru  Article:  “Iraq census curfew begins”  Quote:  “The Supreme Security Committee for the Population , Census also confirmed that the curfew will take effect at midnight on the 19th and 20th of November at 2:400, i.e. 12 midnight, and will continue until 2:400 on the 21st and 22nd of November, including the governorates of the Kurdistan Region.“

Mountain Goat – Dinar Guru   …the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and turn it back on FOREX (…this is called a reinstatement…).   It will initially be a FREE FLOAT driven by market fluctuations however it will be monitored and my CBI contact has told me they will cap it at a level to control the initial massive swings, if needed. Then over a period, the rate is expected to settle down to its nominal rate. I am told this could be about $3.85ish. The then CBI director in 2011 Dr. Shabibi told his audience in a news media conference on the Iraqi economy that the dinar could sustain a fluctuation as high as $16 USD…I am told that the IMF will use the cap at about $9 – $11 to prevent wild swings out of control that could potentially hurt the basket.

Clare – Dinar Guru  Article:  “Iraqi Prime Minister: Tomorrow we will take an important step that has been delayed for years”  Quote:  “Iraqi
Prime Minister Mohammed Shia al-Sudani confirmed that tomorrow, Wednesday, will be an important civilized and developmental step, as the long-awaited general population and housing census will begin after years of delay.“

Militia Man – Dinar Guru  Article:  “The deletion of the zeros and evaluate the dinar”  They’re talking about the concept of currency revaluation which means, quote:  “…a calculated upward adjustment of a country’s official exchange rate…”  This particular article supports the fact that they’re openly educating their citizens as we speak…I think you guys really should know how close this is because why would they be talking about this now when it wouldn’t be necessary?  It would be absolutely 100% talking about it now because they want  to make sure everybody knows what’s happening, without saying what’s happening.  That’s how it works.  It’s fascinating to watch…