Dinar Observer Daily

Mountain Goat – Dinar Guru   …there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar.

BobTheTaxMan – Dinar Guru    We’ve had a change in our presidential administration.  And yes we’ve seen already him step forward and make some pretty drastic changes…one of the things I want you to be aware of you always have to have a plan.  Plan A.  Plan B.  Under Plan A if Trump had continued to be where he was at we as IQD holders were in a phenomenal position.  I mean holy cow you couldn’t of dreamed and asked for anything better than what that tax situation was providing us as investors.  Now it’s changed.    [post 1 of 2]

BobTheTaxMan – Dinar Guru   Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes.  The income taxes have changes.  There are so many things that have happened you have to relook at what you’re doing…we are coming to what I…feel is the conclusion of this particular investment opportunity.  If you’re not prepared there’s no recovering. There are certain things that have got to be done before the RV.  No ifs, ands, maybes or buts…we don’t know the rate.  We don’t know the date…be prepared no matter what happens…   [post 2 of 2]

Breitling – Dinar Guru   [Question:  What do you think the dinar can revalue at if it revalues in the next few months…Is March/April still the target date for revalue?]   …It’s between .55 and .66 cents.  .55/.66 cents was before the oil markets took a big hit…as far as a time frame from what Iraq is looking at – remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they’re at and hit that milestone in April.  That’s exactly what their words are.  Meaning, what can they do.  How are they going to treat the currency.  That’s not off the table.  That’s still there.  That means a lot for you and me.

MilitiaMan – Dinar Guru  Article:  “The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation”   Quote:  “Without disclosing the purpose of the visit, which had not been announced previously.”  [Perhaps they are there as part of the launch of the new electronic payment system (QFS).  BTW, set for launch today…] Perhaps…I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose…imo…

Dinar Investor – Jeff    When the rate does change Iraq will…have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD.  Nothing is replacing anything.  Nothing is being cancelled out.  What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation…when the rate changes…you’re going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate…that’s how we get blessed from this...

MilitiaMan – Dinar Guru   Article:  “Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?…”   Quote:  “It was also “expressed” in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability.”  Looks like Iraq has been given the GREEN LIGHT!! …I like the use of the word expressed…It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They’ll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country’s reforms going forward…Imo. Game is about to kick off. imo.

Pimpy – Dinar Guru   Article:   “Mazhar Salih: Iraq is on the brink of economic recovery”  Yeah, just that quick.  Magically what are we seven weeks into the year – we went from having huge deficits to now we’re already in the recovery?  …it’s almost already close enough to start slowly but surely rising the value of the dinar to its true value.  That’s just my opinion…

MilitiaMan – Dinar Guru  Article:  “Parliamentary Finance Explains The Reasons For The Delay In Paying Employees’ Salaries”  Quotes: “salaries will not be delayed this month or the coming months and they are fully insured.” ; “…the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions…”  This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally…imo. I like it…

Pimpy – Dinar Guru   …something is definitely happening… March seems to be the month.  What “it” is I’m not 100% sure. I’m monitoring all the chatter amongst those who know and trying to get definite details that I can prove.  All I know is there’s a lot of scurrying going on and everything seems to be pointing towards the month of March.  What it is I don’t know and that’s frustrating because even the people I rely on that do know – even they don’t know.  They just know something is coming up.  I’m not trying to get people overly hyped or really excited.  What I’m trying to say is we have no idea what it it is.  It might be good it might be bad.  I’m trying to find out for you guys…

Dinar Investor – Jeff    Article:   “Mazhar Salih:  Iraq is on the bring of economic recovery”  …He’s the former number 2 man of the central bank…when the central bank talk that’s when you listen…I told you from when Iraq completed that Borrowing Law they could change the rate at any time…they were walking you into the season of the rate change.  This article confirms you’re there…the rate change reduction…December 20th.  What they revealed to you is they had a specific goal that had to be reached in a specific amount of time.  That’s why they had to do it on December 20th…they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation.  They needed 90 days on that…for it to be effective and get more than enough notes out of circulation…

MilitiaMan – Dinar Guru   …from the articles out about the White Papers and having the extreme pressure to alleviate the pain of 1460…The change to another era is just as important now than ever. In my view, there is no going back… imo A good thing…imo.

Breitling – Dinar Guru   [What if we would have our money into bitcoin instead of IQD?] ...I’m not against cryptocurrencies.  It’s a great way to store value.  But there’s a huge risk here...What adds value to the bitcoin?  No body knows…they just shut all cryptocurrencies off in India …Because they noticed that the supply x velocity of their local currency was going down.  They traced it to people investing in bitcoin…that’s exactly what the United States is going to do.  I don’t know when that is because there are so many U.S. dollars out there…If they get shut off you’re not going to be able to exchange it for anything else.  You are stuck…That’s one of the most riskiest things I can think of... [Post 1 of 2]

Breitling – Dinar Guru   There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life.  I can promise you it’s not going to happen.  Sooner or later it’s going to hurt the supply x velocity of the U.S. dollar and it’s going to get shut down…what actually adds value behind a cryptocurrency?  Nothing…What country is backing their local currency with bitcoin?  It doesn’t exist…That’s all you need to know…What can you buy with the cryptocurrencies?  You can’t…you can’t pay bills with it.  You can’t pay medical bills with it.  You can’t go buy a car with it...I’m not telling people not to get into it..But I’m telling you there is a wall and that risk is too big… [Post 2 of 2]

Dinar Investor – Jeff   Article:   “To the executive branch to the Central Bank of Iraq”  This article is not from the Central Bank of Iraq…you can only trust and believe what the central bank tells you.  Not these other groups…

Pimpy – Dinar Guru  Article:   “To the executive branch to the Central Bank of Iraq“.   Quote:   “the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar.  That requires deleting the three zeros.”  That screws us by the way.  Quote:   “for example the 1000 dinar becomes the Iraqi dinar.”  In other words what they’re saying, if you delete the zeros the one thousand dinar would be equivalent to one U.S. dollar.  1 for 1…that means my 5 million dinars turns into 5000 dinars and at a 1 for 1 rate I would exchange my 5000 dinars and get 5000 dollars.  That’s what’s being suggested here… [Post 1 of 2]

Pimpy – Dinar Guru  …I don’t mind a 1 for 1 rate but you definitely don’t want them to lop off the zeros and devalue the currency that we are holding…we want the zeros removed off the rate.  Quote:  “…work in the future to return a new exchange rate each dinar equals $3 as it was previously.”  Not too shabby…I’m cheering that on.  I don’t like the lopping the zeros…don’t get me wrong, I do want to make money off the Iraqi dinar…but I just can’t stand to see an entire nation getting their ass ripped off by these global interest groups… [Post 2 of 2]

Dinar Investor – Jeff   Article:  “The Iraqi Parliament talks about the government’s presentation of a “new budget” in the coming months”   Iraq’s telling us they’re probably going to finish their budget by sometime next week.  So if they’re going to finish their budget why do they need to introduce the budget in the coming months?  It’s because they have the same exact fiscal year as Kuwait – April through March.  This is more confirming information...I know this for a fact because I’ve reached out and contacted the government of Iraq.  I have a contact in the government of Iraq that I’m able to talk to…everything is right on track and on time…we’re looking good…

MilitiaMan – Dinar Guru   Articles:  “The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget” ;    The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil”  It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. …Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury.  Sure looks like…a digital requirement… A level playing field… They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see…

Pimpy – Dinar Guru    Article:   “Saleh: High oil prices will push the government to prepare a supplementary budget”  I already heard some of the gurus out there thinking that this is something to do with changing the rate…IMO nowhere on here does it say this would affect the rate of the dinar.  One of the reasons why they have a lower deficit than they had before is because they devalued the dinar.  So if they wanted to hurry up and be able to cover their budget you might not see a change in the rate of the Iraqi dinar…

MilitiaMan – Dinar Guru   Article quote:  “An economist warns of a decline in the citizen’s purchasing power as the dollar’s exchange rate continues to rise”   …a move to the private sector is upon Iraq…If not disaster looms… We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo… That is powerful. 0 $ – Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar… Fairly sure that is the plan and the world knows it… As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc… All support the move and even a digital one…they are all involved in the architecture of the larger plan…imo…

Dinar Investor – Jeff   Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. Why?  It’s because both the World Bank and the IMF are bringing Iraq to the finish line…both the World Bank and the IMF are working with Iraq to bring their economy and country to the international world…

Frank26 – Dinar Guru    Article:  “Iraqi government to begin implementation phase of the white paper for economic reform”  What’s in the White Papers IMO?  A rate…those that are coming in that are going to rebuild economically the country of Iraq you think they’ve been shown this new exchange rate?  IMO hell yes!  Quote:   “The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform.”  …the implementation mechanism of the new exchange rate.  The white papers are coming out.   IMO you know what’s in them.  You can see the only way to launch, explode, implement the economic reform is by what?  First having the monetary reform…

Mountain Goat – Dinar Guru   Article:  “AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER”   did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.”   Yes, an UNPRECEDENTED STEP.

Dinar Investor – Jeff   This is not pegged to our calendar.  This is pegged to God’s Hebrew calendar.  Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq…that 90-day step ends Sunday March 21st.  The first month of the Hebrew new year is their 7th month.  It’s the month of Nisan…

Dinar Investor – Jeff    December 20th is when they officially started the reforms by devaluing the currency.  Why did Iraq devalue the currency?  That was a directive and a requirement by the IMF and the World Bank to reduce the 3 zero note count in the country of Iraq so the citizens don’t get rich…It was a 90-day tool.  That’s why they started it on December 20th.  Add 90 days to a Sunday and you got your rate change day

MilitiaMan – Dinar Guru  The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.

Dinar Investor – Jeff   Who should we be listening to?  The only group you should be listening to is the CBI...the CBI has put out many articles where they said they’re going to delete the zeros (meaning change the rate) at the beginning of a new budget fiscal period...that’s exactly why I keep throwing you clues that Iraq is walking in Kuwait’s footsteps.  What did Kuwait do? Kuwait changed their rate on March 24th of ’91.  Why?  Because Kuwait’s fiscal year starts April 1st.  Iraq is no different…when the CBI talks those are the only ones you really need to listen to…

Mountain Goat – Dinar Guru   Remember…this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed…

Dinar Investor – Jeff   …Is there any news we should be aware of?  Is anything major happening that’s critical?  The answer is you’re seeing the last final step right before your eyes.  It’s the ’21 budget...I’ve already told you when their fiscal is.  Their fiscal year starts April 1st.  I know that for a fact because I’ve reached out and consulted with the Iraqi government…that’s where we’re at.  The ’21 budget is the last step before the rate change…Iraq is very clearly walking in Kuwait’s footsteps.