Dinar Observer Daily

BobTheTaxMan – Dinar Guru  Under the new administration we’ve got there’s huge changes that are going on, particularly in  the estate tax arena.  Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces…[Hopefully that includes everyone who owns dinars!]  So there has to be new strategies made and put into place…we anticipate this thing may RV, it may be a short quick opportunity to be able to move in, get it done and get out.  What do you need to have to get sure you’re going to be relieved from having the hugest taxes possible…?

Kaperoni – Dinar Guru   The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals in the ground including oil is only around $16 trillion.

Pimpy – Dinar Guru  I believe the Iraq dinar rate is going to change for the better.  I believe it’s going to get back up there.  The reason for that is…in comparison of Iraq country to the Kuwait country and if you look at the things that contribute to the value of the dinars, their currencies, you could see that Iraq clearly has more to offer…should have a stronger dollar but right now the Kuwait dinar is the most valuable currency out there…I know the Iraqi dinar is eventually going to catch and pass the value of the Kuwait dinar.  If anything it’s probably going to be the most valuable currency.

Breitling – Dinar Guru  Question “Do you believe this withdrawal from Afghanistan will have any impact on the region and how does that affect our anticipated revaluation of the IQD?”  What’s the ripple effect of what’s happening?  We don’t know yet...as far as Iraq goes it has the opposite effect.  People are like ‘Oh my God the regions going to go to hell and they’re not going to revalue it.”  You guys, we forced Iraq into the currency that they have.  They’re also attached to the U.S. dollar. [Post 1 of 2]

Beitling – Dinar Guru So if that region goes kaput and they are no longer on our team we’re going to de-dollarize them and they are going to be forced to add value to their currency.  That’s a big plus for us.  But That comes with a major warning.  Whatever they come in at you gotta get out.  We are not going to let them get rich.  If you have trouble believing me go ask Venezuela.  Go ask Iran.  Go ask these countries we’ve completely crushed their economies…Do I think that’s going to happen?  No I really don’t… [Post 2 of 2]

Pimpy – Dinar Guru  There is a huge summit.  I was excited about it.  I was hoping to hear some great things about it and of course al my hopes came true…there’s a lot of information going on about the summit and it’s success...there was a lot of great counties, 9 in total…what they were doing was really wishing Iraq luck and they all support Iraq ready to be on their own…finally have their own sovereignty reinstated.  All of them are agreeing to support Iraq…They support the White Paper reforms and they all agreed on different forms of trade and security and education…they whole 9 years.  That’s what I really was hoping for…

RVAlready – Dinar Guru  Iraq is going to start selling bonds like most countries do.  This should mark the end of the currency auctions and the release of the RV. 

Pimpy – Dinar  Guru  They’re not going to be able to do a whole lot of reconstruction if they can’t get more purchasing power.   Now I’m not promising anything.  I have no idea what’s in the 2022 budget.  People say, ‘Do you think the rate change could be in there?’ Well yeah I do but that doesn’t mean it’s gonna be.  Stay grounded.

MilitiaMan – Dinar Guru  It’s exciting times…for this to go down you’re going to have to have reconciliation.  It looks like they’re having reconciliation right before our eyes.

Petra – Dinar Guru  When we talk about reconciliation [Today’s Middle East Summit in Iraq] nothing drives people more together than money.  The fact that all these countries are coming together there’s definitely a financial component to this meeting.  IMO the majority of the meeting is how they all can benefit.  All boats rise with the tide.  I think the tide is rolling in…the timing of this has been sequential.  It’s been strategic.  Kazemi doesn’t do anything until he’s basically done it and then he reports on it…all the tools are ready to begin the ‘new mechanism’ to start and launch the new Iraq.  [post 1 of 2]

Petra – Dinar Guru  I think that’s what they’re doing tomorrow [Saturday] is opening Iraq to the world IMO.  Otherwise why would everybody be showing up?  Over the years Iraq has always claimed ‘We’re going to do something.’  Everybody shows up and nothing.  It reflects in the 2018 Kuwaiti conference.  Billions of dollars on the sidelines and yet Iraq didn’t do what they said they were going to do.  So everybody backed off.  Clearly everybody is showing up because they were told they were going to do something.  We are definitely in the nexus.  It’s an exciting time.  I’m more than encouraged… [post 2 of 2]

Frank26 – Dinar Guru  Article:  “The Iraqi Finance Minister supports the floating of the currency.”  A float internationally automatically raises a currency’s value.  Congratulations Iraq. Quote:  “Finance Minister…Allawi confirmed on Thursday that he supports floating the currency in a flexible manner.”  That is a controlled float…When the value goes up please don’t go run to the banks… Quote:  “floating the currency is fully or partially liberalizing the exchange rate so that the government or the central bank does not interfere in determining it directly, but rather it is automatically released in the currency market through the supply and demand mechanism…”

Breitling – Dinar Guru  Question: “I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join.  How true is this?”  It’s not true at all.  They probably will be in the WTO by the end of the year but look at China.  They’re in the WTO.  They’re the biggest currency manipulators on the planet…

Pimpy – Dinar Guru  Article:  “Iraq: The Baghdad Summit will be held next Saturday”  There’s so many good things happening over in Iraq…the more I pay attention to it the more impressive it absolutely looks.  Iraq seems to really be stepping out on an international scene.  It looks really good…we know there’s that meeting that’s coming up.  We know they have that big conference in Baghdad.  There’s a lot of countries coming in to talk…to do business.  It’s exciting…

MilitiaMan – Dinar Guru  Globally…didn’t the cbi just show us a 33 page announcement? “The second strategic plan…” It has all items in place to go to a market economy…we are game on and about game over!…We are days into the RI, IMHO…

Breitling – Dinar Guru  Question:  “With all the turmoil this past week, the US pulling out of Afghanistan and now the Taliban is in charge…How does this impact Iraq coming into the international market and potential revaluation of the Iraqi currency?”  If Iraq stays in the favor of the United States and favors its markets, it’s going to be fine.  Even with a little turmoil coming from Iran because they’re in Iraq already.  It’s not the type of threat people think it is for Iraq or the currency.

Pimpy – Dinar Guru   the less dinars you get for your U.S. dollar that’s better for us.  That means the dinar is strengthening.  It strengthens all the way to the point where you get more U.S. dollars for your dinar.  That’s what you want to see start happening.  That’s the direction we want to go into.  You don’t want them to devalue the dinar.  You want them to increase the value.

Frank26 – Dinar Guru  Article: “The Governor of the Central Bank confirms the provision of the necessary infrastructure to advance the reality of financial inclusion”  What does inclusion mean?  To be part of.  What does financial mean?  Their monetary reform.  What does reality mean?  The exchange rate that will be able to do the economic reforms.  This article is so powerful.  IMO they’re telling you the reality of monetary reform is being included in our economic reform, in our budgets, in everything that we’re doing in the country…it’s all there.

Petra – Dinar Guru   Yes…the countdown has begun imo…The international party in Baghdad is on the 28th? Lots of interesting things at bay! …  So why are they all coming? Kings, Magistrates, Prime Ministers, Central Bank Governors…not their representatives…them! Why? You all know!…   We are not calling that specific day. No dates…but close before or after this meeting has key logic to it!…

Breitling – Dinar Guru  Question:   [What’s holding the process back?]  There’s nothing holding the process back.  You’re in the middle of the process.  It’s a natural healthy process…It’s tough to revalue a currency…Iraq’s currency was devalued for a very good principle and they’re going to add value to it for an even better principle.  But the math is going to make sense and they’re in the process of it. 

Holly – Dinar Guru   Where are we, the news from all my sources is we have crossed a threshold and we have finally arrived at our long awaited time to come to the table. The funds have been flowing through the different levels and they will hit our level this week. …This week will be the start of many new beginnings!

Pimpy – Dinar Guru  Iraq has now launched a campaign and it’s going to start marketing its dinar.  Yes, they want to get people away from using the US dollar and getting back into using their dinar.

MilitiaMan – Dinar Guru   “A REPORT FROM THE CBI “A world summation...”  A few random key points:  “The addition of the Iraqi dinar currency in a (Buna) platform for Arab payment”; “Linking the Iraqi Stock Exchange with (RTGS) systems”; “The assessment of the Iraqi payment system and its compliance with international standards for financial market infrastructure was completed in cooperation with the World Bank…”   This report is going to open some eyes around the world be sure. The cat is out of the bag. imo…they have been at work a long time on the project and the fruits of their labor are about to be shown to the world. This report is imo huge and to be expected at this time frame too…

Pimpy – Dinar Guru  Article:  “The IMF’s Self-Serving Case Against Bitcoin”  Are they attacking cryptocurrencies?  Maybe.  Let’s think about this, yeah, they want their own central bank digital currency.  They don’t want anything to compete against it.  That’s one of the things I’m concerned about when it comes to cryptocurrencies…

Pimpy – Dinar Guru  Over the last couple weeks there are tons and tons of articles, tons of them about a lot of economic opportunity and growth taking place…they have the ability to start building up the private sector even more.  That’s what we want…that helps strengthen the dinar…

Breitling – Dinar Guru  Question:  [Will the upcoming [Iraqi] elections or the end of Iraq’s fiscal year have any bearing on the revaluation?]  No it will not.  Iraq is strictly looking at the markets.  They’re looking at how much they owe.  Remember one of the main principles – they want to get out from under the U.S. dollar.  Do they want the US dollar?  Absolutely they do.  But they want to have control of what they can spend and how they spend it and to do that they’re going to have to add value to the Iraqi currency.

MilitiaMan – Dinar Guru   …We all know…that there is to be Monetary and Economic Reforms in tandem that started months ago. This PM is one to make sure everything is in order and timely… The help of the Central Bank and Private Banks is all a part of the implementation of the afore two reform projects. One  of which is money. To get to a market economy a new exchange rate will need to be exposed…  [post 1 of 2]

MilitiaMan – Dinar Guru  The convergence of the new notes and the exchange rate needs to be quick and imo seamless.  Down to tellers and ATM machines.  The talk of the glorious history and it’s ancient glory to become again the beacon of light shown to the world is about to be exposed to the not only higher echelons, but, the citizens next, then to the world... It will also be a digitally transformed currency with all the glory of the past. IMO… Lets see what this weekend brings us…  [post 2 of 2]

Mountain Goat – Dinar Guru  Article: “DIRECTIONS TO DIVERSIFY SOURCES OF INCOME AND INCREASE REVENUE”  Yes, Yes, Yes…this is what the World Bank, IMF and the US Treasury has been screaming about for over a decade for them to do.

Mountain Goat – Dinar Guru   The news this period is all about implementing the White Paper…The good news is on Wednesday, Finance Minister Ali Abdel Amir Allawi set the priorities of the white paper. The Minister of Finance continues to stress  that “one of the priorities of the white paper is the reform of financial management systems. How can they do this without reforming the currency too?  As I explained before the CBI is moving ahead with planning for a January 2022 reinstatement. Will they do it? Can they do it?