Dinar Observer Daily

Militia Man – Dinar Guru Why would somebody bring out an article “Is it time to remove the zeros?”  Because we already know they’re going to do something like that…Alaq said the project still exists…Alaq has talked about creating value and so has Al Sudani.  Sudani has stated more than once that the dinar is stronger the dollar.  Why would he lie about that?  He might know things about that that you and I don’t know…Where we’re headed, that is probably a true statement and he’s probably not going to be considered a liar.  He’s probably going to come out in history as one heck of a prime minister.

Kaperoni – Dinar Guru    The discussion in Iraq is not an RV but a currency exchange LOP.  Symposiums were held last fall to educate many of the citizens on such an event.  There would be little to no gain, in fact, based on the numbers published it would be a loss if they did so.

Samson – Dinar Guru   Article:   “Government Advisor: Al-Alaq’s upcoming visit to New York will support the protection and stability of the banking system“

Clare – Dinar Guru  Article “Is it time to remove the zeros?” Quote:  “with the use of electronic payment operations, the environment will be mature and acceptable for the idea of ​​implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it. But is it time to issue the decision?“

Militia Man – Dinar Guru   Article Quote:   “The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days.”  We’ve heard this before but we haven’t seen the end result yet.  Why is that?  Could they have been trying to do it before?  Sure.  Have they tried many times?  They could have.  Are they trying to do it again?  The evidence support that this is what they are telling us – that they’re going to try to do it again.  Hopefully they get this one done.

Mountain Goat – Dinar Guru   Once again, the Project to Delete the Zeros raises its head up. Yes, two more articles on it this period… There are other articles today related to the topic that help us understand and tell us they know what they have to do and its just a matter of time how and when they do it. The clock it ticking… tic, toc, tic, toc.

Militia Man – Dinar Guru  Saleh, the financial advisor, has talked about the float…a managed float or a mixture of the peg and the float which would be considered flexible…These guys are going to do what they think is the most positive…They’re not going to try to hurt the situation.  They’re going to try to make themselves successful.

Samson – Dinar Guru  Article  “US State Department : Our commitment to the relationship with the Kurdistan Region is firm“

Militia Man – Dinar Guru   Article:  “Iraq avoids the grey list”  Iraq was on a black list at one time.  Then they moved to the grey list, which we thought wow that’s pretty good, we’re moving forward.  Now they’re saying Iraq has avoided the grey list.  Quote:  “In a remarkable development the Anti-money Laundering and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month.”  Sounds pretty intense.

Nader – Dinar Guru  [Iraq former government/UN employee friend Imad from Basra update]  What happened to Kuwait basically is the same thing.  Whatever is happening to Iraq, it happened already to Kuwait.  After the war Kuwait went back to normal.  The American people who held and bought those notes when it was down made a lot of money.  That’s for sure.  Now the scenario is repeating itself with Iraq.

Samson – Dinar Guru   Article:   “Iraq avoids the gray list: temporary victory or the beginning of a new crisis?“

Clare – Dinar Guru  Article: ”Government Advisor: Al-Alaq’s upcoming visit to New York will support the protection and stability of the banking system”  Quote: “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh…pointed out that the file of the sanctioned banks requires negotiation due to the possibility of an error or exaggeration in issuing the decision to sanction them…There will be meetings held with the Federal Bank and the US Treasury Department at the end of this August“

Militia Man – Dinar Guru   Article quote:  “Central Bank’s inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass.”  They didn’t say dollars, they said the need for dinar.  Why would they need to have dinar?  Remember…they’ve been bringing in 25k notes because…they’re doing electronic.  All that money that comes in gets credited on cards.  They’ve been absorbing cash… [Post 1 of 2….stay tuned]

Militia Man – Dinar Guru  What were they doing in the background?  They were destroying money…They didn’t tell you how much money they destroyed…But they’re saying they’re having a problem with liquidity…a problem…to meet the need for Iraq dinar…They’re going to need money to be replaced.  Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money… make it into pellets for burning, when you’re going to go and create new 25k notes.  Does that make any sense to anybody?  Do you think they built that big, huge massive building…to have more inflation and a cheaper exchange rate less that 1310?  That’s what they would be doing…That doesn’t make any sense whatsoever.  [Post 2 of 2]

Militia Man – Dinar Guru  All the calls for Alaq to leave his post – They came at him all week last week.  But guess what, he’s still in his position…When they treated his incompetence it’s obvious they have an agenda.  They’ve been…trying to get him gone for over a year and haven’t been able to.  It’s obvious the US, the US Fed and Al-Sudani feel it’s not necessary or they would have probably done it already.

Clare – Dinar Guru  Article:  “urgent… In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003”  Quote:  “this rate will rise in the coming months with the Central Bank’s inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry’s expenditure needs.”

Samson – Dinar Guru  “Al-Sudani’s advisor announces: Two missiles have returned negotiations to the US forces’ withdrawal to square one”

Breitling – Dinar Guru  We [The United States] are circling the wagons. If we circle the wagons we’re going to cut the economy off of Iraq and we’re going to make them hurt.  That’s not good for the Iraqi dinar.

Militia Man – Dinar Guru  Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days”  To be fair, that statement could be misleading because it’s not Iraq’s job to do anything to the United States currency value.  They don’t have any control over it, period.  But what they do have control over is the dinar, that petro-dinar.  They can change the value of the currency.  Alaq said the delete the zeros project is still in play…If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change.

Samson – Dinar Guru  Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days“  Quote: “The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days.”

Nader – Dinar Guru  The U.S. is not a hold up.  You guys can call it like that but the US is not a hold up.  They want to really help the economy in Iraq.  Because they destroy it, now they want to build it again.  They’re waiting for the right moment to put it back normal.

Jeff – Dinar Guru   The middle of Iraq’s fiscal budget period…has everything to do with the timing of the rate change…

Militia Man – Dinar Guru  Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Saleh…is educating the people…They’re keeping it fresh in the citizens minds as there’s a likelihood there’s going to be a big change coming.  That will likely reflect the flexible exchange rate system.

Clare – Dinar Guru   Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales”  Quote: “Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous“

Samson – Dinar Guru  Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales“

Mountain Goat – Dinar Guru   Article quote:   “that the government is demanding guarantees for non – substituent currency back to the markets”.  This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?

Militia Man – Dinar Guru  Just because you’ve been in it 20 years doesn’t mean anything to me.  I love you and I care about that.  I respect it but if you’re down and out all the time and you’re saying, ‘I’ve heard this before.‘ It’s not true.   Don’t lie to yourself.  All this data we’re having right now is fresh.  It’s new.  It’s totally different than it was 20 years ago, 10 years ago, since Sudani got in office…Everything we’re showing is in black and white. A lot of people out there have a darn good idea that change is coming…

Breitling – Dinar Guru  The idea of talking about the governor of [the CBI] resigning is a big deal.  Who knows they might turn this thing around.  We don’t expect perfection but we’re done with the money laundering.  We’re done with terrorist groups using Iraqi banks.  We’re sick of it so we’re going to stop it.  Republican or Democrat, just so you know, we’re going to stop it.

Sandy Ingram – Dinar Guru  Iraq just delayed the US group exit.  It’s a big deal.  Iraq has chosen to delay the announcement of a departure date for the US-led military coalition.  This comes amidst escalating tensions between Israel and Iran…Currently around 2,500 US troops remain in Iraq…This delay in setting a withdrawal date underscores the Iraqi government’s challenging position amidst internal and external pressures.  Stay tuned for more updates as this situation continues to unfold.

Mountain Goat – Dinar Guru    Article:  “BANKS OF “POWERFUL POLITICIANS” AFFECT EXCHANGE RATES, IRAQ FACES “INTERNATIONAL PRESSURE”  The US Treasury is now parked in the CBI building and is not going anywhere until the dollar sales is controlled and the parallel rate matches (or is very close to) the dinar rate… this move by the US Treasury was so that they could move to the next step of the currency reform. So it is a very positive thing for us investors…