Dinar Observer Daily

Sandy Ingram – Dinar Guru   We have millions of Iraqi dinar over here in the Western Hemisphere.  The Untied States itself has billions of Iraqi dinars and so do other counties.  This is an issue [overprinted dinar held in mattresses inside of Iraq] that will be solved but we have no idea when.

Militia Man – Dinar Gurfu   Article:   “Iranian Parliament approves the deletion of the 4 zeros from the national currency“.   It’s about the Iranian parliament…This isn’t the first time we’ve heard this.  Quote:  “Converting 10,000 old rials to 1 new rial to simplify transactions amid hyperinflation and sanctions because it’s 900,000 rials to the dollar.”  900,000. Iraqi dinar is 1310.  This isn’t Iraq’s path, but it shows regional currency reforms and efforts.  Iraq is a totally different story.  It has completely different circumstances.  Definitely don’t compare the two like being one…Iran’s move addresses devaluation  without a full revaluation.  Iraq has 8% inflation in the first half of 2025 which is historically low…

Samson – Dinar Guru   Article:  “THE IRANIAN PARLIAMENT APPROVES THE DELETION OF FOUR ZEROS FROM THE NATIONAL CURRENCY“

Pimpy – Dinar Guru  What is a redenomination?  It’s when they change the whole look of their currency.  Like I said, cross your fingers, we’d hope they don’t remove the three zeros and they change the exchange rate because then we get a whole lot more money back.  But if they delete the zeros, your payday is not going to be as big as you hope it would have been.

Clare – Dinar Guru  Article: “Washington warns Al-Sudani and bans him from UN meetings” Quote: “Washington…prevented Iraqi Prime Minister Mohammed Shia al-Sudani from attending UN meetings, amid threats of a US-Israeli strike against Popular Mobilization Forces (PMF) factions…A call between US Secretary of State Marco Rubio and al-Sudani prior to the UN General Assembly meetings revealed to him that there would be no agenda for him to work with US administration officials, due to the failure to take the measures he had agreed upon against Iranian-backed militias in Iraq.”

Mountain Goat – Dinar Guru   Article:   “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN  ACCORDANCE WITH THE CONSTITUTION AND BUDGET.”  The BEST part about this agreement is now the US Treasury can exchange our dinars for cheap oil credits, as planned, without sacrificing the entire Iraqi economy… You see there had to be this Oil and Gas agreement (HCL) first…Now you are going to see why it is so important to get this law in place…But remember too that the finalized law has not been submitted to parliament as of yet.

Pimpy – Dinar Guru   Article:   “Iraq’s gold reserves increase by 10 tons and its currency reserves decreased by $8 billion”  You don’t want it to decrease.  You need it to increase.  The only reason you’d be spending your foreign currency reserves is if you’re trying to protect your currency…or if they had no choice but to use that money…with any kind of defect their having with their budget…Their expenditures are actually lower than their income.  They don’t have a deficit that I could see…We know they have to be averaging $84 per barrel of oil so I’m wondering if this is being used to counter that…

Militia Man – Dinar Guru   Article:  “PRIME MINISTER : NATIONAL GOLD RESERVES REPRESENT AN IMPORTANT PILLAR OF FINANCIAL STABILITY”  Iraq’s is no slouch with their gold holdings of 162 tons of it. Today, gold is about $3,885 per ounce. That is stability and the worlds central banks are very aware of it. Just as they are aware of over $100 billion in reserves and likely climbing.  They have increased non-oil revenues and will continue more quickly into the future. All of which supports their exchange rate. Add in they recorded .8% inflation a historic low. Iraq is ripe for a REER..imo There is confidence everywhere we look…

Sandy Ingram – Dinar Guru  The problem with the overprinting of the money is the Central Bank of Iraq for a long time has been trying to pull the bank notes, the Iraqi dinar, …into the bank and then destroying the currency because it’s just too much currency out there…The people are not putting their money in the bank.  The bank notes are under mattresses hid in houses…Since the Central Bank of Iraq cannot get the cash to destroy the cash and put the people into the digital currency platform, we’re at a stalemate.

Pimpy – Dinar Guru  I know people think Sudani is the bad guy, but that’s not true…Al-Sudani used to be a protege of Maliki of the coordination framework.  But since Al-Sudani has become the prime minister you see Maliki trying to oust Al-Sudani from office on more than one occasion including recently trying to help get him impeached because he’s not exactly lining up with what it is the coordinated framework wants.  That’s how you know he’s doing a proper job for the people of Iraq.

Mountain Goat – Dinar Guru   …so you heard lots of rumors about how the 2003 war will “pay for itself”…This is how the U.S. is going to pay for the war…using the oil credits.  

Samson – Dinar Guru  Article: “BAGHDAD’S SKIES ARE CROWDED WITH PLANES AND ITS GROUND IS A STAGE FOR CELEBRATION”

Pimpy – Diinar Guru  Yes this step is good.  They’re not on exotic currency list no more.  That means the currency is now stable and has the ability to be traded on Forex, which is what we want. 

Militia Man – Dinar Guru  You have an extension to a one day holiday with a long weekend attached to it.  You can’t make this stuff up...Basically national day extended for a week…  Sudani’s directive extends to manifestations of a celebration for a full week through October 10th…Article quote:  “This is unusual and the standard is a single day off.”  Adding that extra time is obviously a move on purpose…They’ll be able to have cultural shows, military parades.  They’ll have sovereignty emphasis.  

Clare – Dinar Guru   Article 1:  “Al-Sudani on National Day: We put Iraq first in all our regional and international endeavors”  Article 2:  “The Prime Minister directs that Iraqi National Day celebrations continue for a week“

Samson – Dinar Guru   Article:   “THE PRIME MINISTER DIRECTS THAT THE NATIONAL DAY CELEBRATIONS CONTINUE FOR A WEEK“

Mountain Goat – Dinar Guru    Some of this cheap oil from the credited oil, will come to U.S. markets too and drastically drop the price at the pumps. This plan is finally going to be activated as all the components are now in place to do it. We have heard about this plan for years and now it is here with the tripartite agreement between Kurdistan, Baghdad and the Oil  Companies. This is also why this recent event will have such long-lasting repercussions both in Iraq and in the US.  [Reference Mnt Goat Posts 1 & 2 below 10-1-2025]

Mountain Goat – Dinar Guru   Article:  “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN  ACCORDANCE WITH THE CONSTITUTION AND BUDGET.” …they referenced the new Iraqi constitution…this was the basis for HCL. They had to get the Oil and Gas Law in place and somehow make the management of their oil resources stated in a formal law. So we have not yet seen the Oil and Gas Law passed in parliament but this…is coming very soon.

Pimpy – Dinar Guru  Article:  “Central Bank:  We have convenient foreign reserves capable of defending the exchange rate”  This means you can help control when it goes up and when it goes down in value by using your own foreign reserves to control that exchange rate.  They’re saying they have enough to protect it.  That’s outstanding.

Militia Man – Dinar Guru  There’s an article out that says CBI talking no discussion of exchange rate and there’s been a couple versions of it…A lot of people were pretty concerned and not liking this conversation.  But…you got to really think about how important it is to have confidentiality in a revaluation…You really have to keep it close to your chest and I think that’s exactly what a good central banker like Alaq…would know.

Pimpy – Dinar Guru   Community comment:  “I think Sudani is corrupt, sorry.  I think he’s been holding this back the whole time.  There’s an article that says he’s rushing the parliament.  He’s rushing the COM and he wants to make an announcement only he can make.  Then he says in the article, oh, we’ve been waiting 18 years and everybody’s about to be prosperous globally.   How the hell is anybody going to be prosperous at 1310?…I think they’re pressured by Trump.”  Donald Trump wouldn’t tell him to change their rate.  He doesn’t have the right to do that.  They’re sovereign country.  He’s not making them change their rate. If they were pressured by somebody it would be the IMF. 

Clare – Dinar Guru  Article: “With Al-Sudani and Al-Maliki, Al-Amiri, Al-Aboudi, and Abtan are the most prominent candidates for prime minister” Quote: “political figures who have expressed interest in the position of prime minister within the two factions include Nouri al-Maliki, Mohammed Shia al-Sudani, Hadi al-Amiri, Haider al-Abadi, Naim al-Aboudi, and Abdul-Hussein  Abtan, in addition to other names from the “third faction,” namely Asaad al-Eidani and Mohammed al-Mayahi.“

Samson – Dinar Guru  Article: “Central Bank Governor: We have comfortable foreign reserves capable of defending the exchange rate“

Nader – Dinar Guru   Sudani is going to get elected again.  He’s doing a great job and we want him back in office.  Nobody’s like him for now.  Nobody can give us what we need.

Pimpy – Dinar Guru  Yes, they’ve been removed off the exotic currency list, but the one to pay closer attention to is the US currency monitoring list. This is the list they’re checking for currency manipulation   …When they monitor a country, they think are into some shabby things going on with the currencies you get put on the currency watch list…They were not on the currency monitoring list.  Their banking financial system is on the monitoring list.  That’s why you see them making all these changes, updating and reforming their banking banking system. But their currency is not on either list.  This is great for Iraq.  This could be seen as taking a step towards preparing it to end up on Forex.

Clare – Dinar Guru  Article: “The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate” Quote: “There is no talk or discussion within the Central Bank or the government about adjusting the official exchange rate for the dollar. He added, Everything that is being circulated is untrue.”

Sandy Ingram- Dinar Guru   We have seen what other countries have done [with their currency revaluations].  We’re watching Iraq closely to determine what they may do.  [See Guru Sandy’s 4 country revaluation reviews below.]

Pimpy – Dinar Guru  When the Iraqi dinar is freely floating on the Forex, that means all restrictions should be removed and that includes here in the United States.  If it’s free floating on the Forex we should be able to take our currency down to your local bank.  They will run the currency through the Delarue machine, make sure it’s not fake bills.  They’ll tell you what you have in Iraqi dinar.  This is the currency exchange rate and this is how much money you can deposit in your bank.  You can make a decision from there. Do you want to deposit it?  You say yes, go ahead and deposit it.  If not, just say no, I’ll take my money back.  That’s how you do it.  There’s no tricks.

Samson – Dinar Guru   Article:  “IRAQ’S OIL EXPORT REVENUES EXCEED $7 BILLION IN A MONTH“

Militia Man – Dinar Gurut  Think about it, when Iraq starts to rebuild its country in dinar and when they do a revaluation, redenomination and apply a real effective exchange rate, they’re going to be able to get construction material far cheaper in dinar terms.  That’s fact IMO.