Dinar Observer Daily

Pimpy – Dinar Guru  Article: “Iraq’s revenues from oil exports jump 62% in the first half of 2021”  This is awesome…Yeah buddy, that’s what we’re talking about right there!  This is despite we’re still on partial lock-down/on full lock-down in places so you can imagine what happens if the entire world opened up once people wake to the fact that this is just a planneddemic…all this does is secure and strengthen the economy which is exactly what we want…

Frank26 – Dinar Guru IMO the GOI has pledged to the World Trade Organization a certain parentage of the local currency (30 to 40%) of dinars at a certain value upon admission into the WTO…you think the WTO wants a certain specific percentile and figures of the Iraqi dinar currency at a restricted sanctioned program rate? ...to be in the WTO Iraq’s currency needs to be tradable...

Holly – Dinar Guru  …RV Update:  We are coming to the end of this ride so be very, very careful of information and who you are following. The sharks are circling waiting for this moment. Use discernment and do not fall for any schemes. Question all…

Pimpy – Dinar Guru  Article:   “As compensation for the invasion of Iraq, the United Nations pays $600 million to Kuwait”.  This I like a whole lot.  Let’s get to the most important thing.  Quote:   “the last installment is expected to be paid within a year.”  Yep!  Then you have no more payments going out.  That’s it…everything is taken care of once that’s done.  Plus our troops are withdrawn.  Complete sovereignty …then I’m looking for a rate change to happen…get the Americans out of there.  Make your last payment to Kuwait.  Get your sovereignty back. Let’s change the rate…

Breitling – Dinar Guru  Question:  “Would I be wise to buy 500 denominations along with the 3 zero notes?”  A lot of people ask me about the LOP.  People are saying that’s still part of the equation/debate.  No it’s not!  That’s not part of the debate at all…if you look at what they’re doing in Iraq and how they’re doing it, they want to add value to their currency and lopping the 3 zeros is not adding value to their currency.    As an example if you look at what’s going on with Turkey when they lopped the 3 zeros off their currency.  It was because there was massive inflation and they couldn’t fix anything.  [post 1 of 2]

Breitling – Dinar Guru  Iraq devalued their currency on purpose.  They made it cheap to do business with their country…it’s a completely different ballgame.  The Iraq currency is not in trouble.  It’s heavily manipulated…It has to do with the note count…Information coming from the CBI – when they do start adding value to the currency that once it gets to a certain rate they are going to have another currency that’s out there that doesn’t have the 3 zeros on it.  If they’re going to lop the damn dinar that you and I have that have the 3 zeros on it then there’s no reason to have a completely different note.  There’s no reason for it.  It doesn’t make any sense…it’s not going to lop.   [Post 2 of 2]

Kaperoni – Dinar Guru  The latest…from…gurus is they think Iraq has been accepted into the WTO as a full member. …Just about a year ago a great article came out from the WTO telling Iraq that until they have something to export (other than oil) there is no reason in trying.

Breitling – Dinar Guru   Speculation – that’s what we’re doing here.  This isn’t a religion…It’s speculation.  There’s no one who believes in this more than me but it’s still speculation.  I believe it’s coming down the road.  Where does my confidence come from?  Is it good ole fashioned positive thinking?  NO!  I’m not one of those types of people who does that.  I don’t lie to myself for the sake of being positive.  I’m a realist.  I watch what Iraq is doing…I watch their government.  I listen very carefully who have authority to add value to the Iraqi dinar and what their intent is.  And these guys can’t wait to do it.

Pimpy – Dinar Guru  It does look really good.  There’s no promises on anything but right now these are all  [U.S. agreement toward sovereignty, oil prices, WTO etc.] positive steps going in the right direction…  A lot of people have been waiting for these moments for a long long time.  It’s happening.  Let’s just be a little more patient.  It’s going to get there…

Mountain Goat – Dinar Guru   …Kazemi is not going to Washington DC for the RV. …The RV is between the CBI and the IMF. If anything related, he will go ask for relief from OFAC sanctions that the CBI needs lifted in order to reinstate the dinar, thus then they can start the process of deleting the zeros which we know leads to the reinstatement and thus us going to the bank

Breitling – Dinar Guru   Be happy.  You’re fine.  Everything is good – still in that window.

Pimpy – Dinar Guru  There’s a lot of news about the meeting between Iraq and the United States.  Of course it’s very good news.  What is the news?  That America is getting the hell out of there... Quote: “welcomes the achievement of the Iraq negotiators by agreeing to the complete exit of the combat forces at the end of the year and considers it a positive and advanced step towards achieving full national sovereignty.”  They haven’t got their sovereignty 100%.  By pulling out…they’ll get their sovereignty…This is big.  Why?  Because if the nation has sovereignty guess what happens – They have to have a recognizable currency…

Breitling – Dinar Guru  Question:  “Do the high oil prices help or hinder  the revaluation”  Iraq was pressured when oil prices down.  They were being pressured and right now that pressure is not there but that hasn’t stopped them at all.  

Pimpy – Dinar Guru  I can’t promise there’s going to be an RI or RV because nobody out there knows.  That is the honest to God truth…Is it possible?  Of course it is.  Has it happened before in history?  More than once…you don’t have to watch for some magical announcement.   We can pay attention to what’s going on in the country, in their economy, in their stability…their commodities…geopolitics in the area…all contribute to the value of their currency… [post 1 of ]

Pimpy – Dinar Guru  We all want to wake up one day and hear…they just announced it – We’re gonna do 3 American dollars for one dinar.  Will that happen?  Yes it’s possible.  I’m not saying it’s not…the United Nations/the United Security Council have all said the same thing – that when the value of the dinar was devalued it was at a rate of 3+ dollars.  That’s every 1 Iraqi dinar you exchanged you got 3 American dollars.  And they said there’s no reason for it not to go back to that rate…if I didn’t have faith in it I wouldn’t own it.  [post 2 of 2]

Holly – Dinar Guru   Kazemi is to meet in Washington DC today. It is to be an announcement that they are part of the WTO (world trade organization). The USA is sponsoring them in. They need a rate change and an international currency…. Something big should be coming…

Mountain Goat – Dinar Guru   …the Finance Committee is telling us that the CBI plans to keep the rate of the dinar as it is until the end of the fiscal year which ends in December not October. Just because they want to have the next years budget completed and in parliament by October does not mean the fiscal year ends in October…So here we are once again with watching for the January 2022 release of the reinstatement…so we wait to see what happens. Remember this is the move opportune time to release the reinstatement. Can they get their act together by then?

Pimpy – Dinar Guru  People go, “It’s a scam!  Yeah, It’s a scam!”  No, no no, no the currency is not a scam.  It’s a legitimate currency but people do scam other people using the currencies so you and I have to be careful.  Article:  “Where to Exchange Currency Without Paying Huge Fees”  There’s no 800 numbers.  You won’t get a special email unless somebody’s letting you know when it actually happens.  [Post 1 of 2]

Pimpy – Dinar Guru  There’s no redemption centers unless they’re talking about an actual exchange center…the best place?  The bank or credit union.  Quote:  “Your bank or credit union, not an airport kiosk, is likely the best place to exchange currency.”  …not a redemption center, not a foundation, you’re not going to go in any special group.  You’re not going to get a better deal than other people.  Everybody gets the same rate.  You’re not going to be able to negotiate with the bank.  I already asked that.  [post 2 of 2]

Breitling – Dinar Guru  Look at some of the conversations going on.  ‘Look at Iraq.  Iraq’s a disaster so therefor the value of their currency couldn’t go up.‘  The reality is the value of their currency was artificially devalued.  So even if it did go down and it was a real market rate it wouldn’t go down to a tenth of a penny where it is today.  It would still be worth .50, .70, up to a buck because if you go look at the counties surrounding Iraq…currencies are .27, .37, you have Kuwait it’s like 3 bucks…

Petra – Dinar Guru   ...once a country is recognized fully Article VIII, countries no longer will question the validity of their trade capability…or THEIR CURRENCY!!!! IMO…

Breitling – Dinar Guru  Question:   “Can you talk about the possibility of a global currency reset and if so how soon?” There is going to be no Global Currency Reset!  I don’t know who is putting that stuff out there but the United States doesn’t have control over anybody’s currency.  We’re competing against Russian’s currency.  We’re competing against the EU and the euro.  We’re competing against the Wan.  There is not group of ‘elites’ hiding behind a curtain somewhere that’s getting together and conspiring on currencies…I know there are conspiracy theories out there but it just keeps coming up over and over and you’re wasting your time.  It’s not real.  There is not going to be a global currency reset.

Mountain Goat – Dinar Guru   I am hearing from the IMF and the CBI that they first want to ascend Iraq to the WTO prior to reinstating their currency. This gives them a wide range of trade opportunities they presently do not have and will need. Did I say any country needs to be in the WTO to trade their currency on FOREX?   NO!...

Pimpy – Dinar Guru  People are like, ‘How do you know it’s [the dinar] going to go up?‘   The United Nations/United councils says there’s no reason for Iraq not to be reinstated back to their former rate of $3.22.  They said this.  They said it several times…

Breitling – Dinar Guru   Question: “Can they revalue the currency and protect their economy and price for the next ten years by the end of the year?” Absolutely they can.  They could have done it this summer.  It’s on the edge.  They are not working on anything else.  This is the answer to all of their problems…

Mountain Goat – Dinar Guru   Article:  “AL-KAZEMI’S ADVISOR: THERE ARE 3 REASONS THAT PREVENT THE DOLLAR’S ​​EXCHANGE RATE FROM CHANGING “CURRENTLY”  They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy. All these arguments do not take into consideration major reforms in their currency and only dwell on short term solutions staying within the use of the currency auctions and program rate. So of course leaving the dinar in this situation why would you revalue it against the dollar? It does not make any sense to do it. But this is NOT what must happen and NOT what is going to happen.

Pimpy – Dinar Guru  There are no 800#s.  You’re not going to get an email.  The only email you’ll get is that somebody that’s within your group gets the announcement when it actually really happens and they send an email out to everybody saying, ‘Hey it’s happening!’ But you’re not special.  You’re not going to get any kind of special email.  There’s no 800 numbers for you to call as a matter of fact go away from those people who say that.  The reason is I don’t feel comfortable with somebody saying, ‘hey call this 800#!’…they steal your dinar and they take it…

Breitling – Dinar Guru   Comment:  ‘If there’s advanced notice announcement then investors would come out of the rafters to buy up all the remaining dinar.’  That’s exactly it.  That’s why you’re never going to find that magic article…if anything when…they start to add value to it you’re probably going to get the most negative articles you’ve seen.  Every country that’s ever added value to their currency, that’s exactly what they did…

Pimpy – Dinar Guru  If they [people on the Internet] start giving you a date or a rate, run the opposite way.  You understand how illegal that is…for them to be going on the youtube and announcing it?  They’re idiots.  That would be a clear violation of our federal exchange commission laws.  It would be like insider trading...If they tell you that the currency exchange rate is happening in country, that’s a lie.  That makes absolutely no sense…there is no exchange rate in country without one out of country.  They do it at the same time.

Kaperoni – A re-denomination is a neutral event. Zero gain. If they did such an event, they could raise it incrementally thereafter which would be a increase in the exchange rate…but only minimal. There is no significant RV of the dinar. Only if they choose to float from the current rate will the dinar significantly rise, but it would be over time. …Iraq is only worth about $16-$18 trillion dollars and they have well over 45 trillion dinar in circulation. That is a fact! The math does not work!  Therefore, they either LOP the dinar reducing the dinar from 45 trillion to 45 billion and then incrementally raise it as the economy grows. Or, they float the dinar at the current rate and reduce the money supply gradually as the exchange rate rises.