Dinar Observer Daily

Jeff – Dinar Guru   Remember the ’25 budget is fully amended ready for approval.  They don’t have anything left to tell you about it.  IMO they’ll most likely give us very short notice…In relation to the rate change, could be the day of or…one to three days out….It’s going to be very

Clare – Dinar Guru   Article:  “Trump sends his envoy and prepares his list. Washington is paving the way for sanctions against Iraq’s elites before the elections”  Quote: “Washington is moving in a dual direction regarding Iraq as the November 11 elections approach, with threats of potential sanctions on the one hand and the appointment of a new special envoy on the other. This signals that the Iraq issue has returned to the forefront of American attention as a testing ground for the balance of deterrence with the Iranian axis, rather than as an arena for direct confrontation”

Militia Man – Dinar Guru  Article: “Al-Sudani says the volume of Arab and foreign investments that had entered Iraq exceeded $102 billion.”  We’re talking about a lot of money moving in.  Why?  Because they have security, stability and sustainability…They’re consistently hammering it home.  That’s the education for the citizens.  All those reassurances, that’s the part you really should be focused in on.  Yeah, we’re tired.  We’re waiting for this to happen.  I get all that…But I see progress.  I see the changes.  This isn’t something that’s taken place in the past…

Mountain Goat – Dinar Guru  “IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE”   Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO… All I can add is WOW! WOW! WOW!

Militia Man – Dinar Guru  Over the last 9 months, [Iraq] has been knocking it out of the park.  Increasing non-oil revenue streams are popping up everywhere which is to be expected at this stage of the reforms…The good news just seems to flow…

Samson – Dinar Guru  Article:  “PRIME MINISTER’S ADVISOR :  IRAQ IS EXPERIENCING ITS MOST STABLE PERIOD THANKS TO STRONG FOREIGN RESERVES“

Jeff – Dinar Guru   They’re talking to us out of both sides of their mouth.  From one side they keep announcing all the brand new wonderful stuff they’re doing/have done, letting us know the rate is about to change.  But from the other side of their mouth they won’t tell us anything about the budget schedules.  They keep hiding that from us. 

Clare – Dinar Guru  Article: “The “third envoy to Baghdad: Trump remained in Iraq to play a decisive role”  Quote:  “The appointment of Iraqi Chaldean Mark Savaya as US President Donald Trump’s special envoy to Iraq has generated considerable interest in Iraq, with attempts to understand the US move and the background of this man, known for his closeness to Trump.  However, Savaya now assumes a sensitive position, handling the Iraqi file, despite having never held any official position, either at the state or federal levels.“

Militia Man – Dinar Guru  You see the largest financial institutions in the world openly being involved in Iraq.  For crying out loud there’s news on CNBC about Iraq.  Western media, that’s huge.  That’s really because it’s telling…

Mountain Goat – Dinar Guru   I don’t see how the CBI is going to pull off retrieving all these notes from the stashes in the homes without some incentive to bring them in thus what would the incentive be?  The only incentive I know is to give them a rate change just over a dollar, thus the dinar is worth more than the dollar.

Sandy Ingram – Dinar Guru The Central Bank of Iraq cannot move forward in whatever actions they deem necessary at this time…because out of the 20 trillion dinars in circulation the Iraqi people will not put their currency into the bank.  So this new digital currency that the bank is rolling out, it’s very very limited because the Iraqi people are not on board.

Nader – Dinar Guru  All what I know they trying to get done with this international.  They want to be part of the international community.  They’re trying to be done with it.  Forex, we waiting, should be on Forex already.  I don’t know why they’re not in Forex yet.

Samson – Dinar Guru  Article:  “AL-SUDANI : WE HAVE BEGUN IMPLEMENTING MORE THAN 2,538 PROJECTS THAT HAD BEEN STALLED AND HALTED FOR YEARS, AND LAUNCHED NEW ONES“

Jeff – Dinar Guru   There isn’t a lop.  Withdrawing a 25,000 note and replacing it with a 25 note does not mean it’s a lop because they clearly told us in print that two currency will coexist tougher at the same exact value. If the rate is $3…a 25 note would be $75.  A 25,000 note would be $75,000.   It‘s that simple…Iraq is about to revalue.

Militia Man – Dinar Guru  Article Quote: “It calls on the political forces and the legislative and executive authorities to work to expedite the completion of the legislation stipulated in the constitution, implement article 140…and approve the oil and gas law to ensure the achievement of constitutional justice and national stability.”  This is going to be very important. If they can do this prior to the election and or anytime they choose, it’s big because it’s going to give the ultimate confidence to the global financial system that they have unity…The president suggesting it’s time to expedite this and the timing of this is nothing but amazing.

Clare – Dinar Guru   Article:  “Removing Zeros: 170 Tons of Gold and One Decision on the Table… Will the Iraqi Dinar Survive Erosion?” Quote: “the Central Bank of Iraq is opening the door to one of the most sensitive decisions in its modern monetary history: the project to remove zeros from the local currency… Modern economic analyzes confirm that strengthening the gold reserve provides the central bank with moral cover for any future monetary reform.“

Militia Man – Dinar Guru  They’re not going to talk about the dinar exchange rate.  They’re not going to talk about the timing of any of that.  They’re just not going to ever do that.  But what they’re going to do is they’re going to communicate properly.  I call it the hush-hush.  Believe it or not it’s very well known that a lot of things happen…but they happen behind closed doors…They’re not going to broadcast certain things because they can’t…I like what I’m seeing.

Pimpy –  Dinar Guru  There’s no ‘in-country’, ‘out-country’ bullshit. Can you imagine if they did two different rates? …You know how many people would flood into Iraq, change for the move valuable money and turn around and buy more out of country and just keep coming in and out...It would totally crash the country…Once they make the change it’s worldwide.  That’s how it works.

Nader – Dinar Guru  Sudani is doing a great job.  I like Sudani.  I will vote for him again and again and again.  It’s just like for you guys.  Trump, you will vote for Trump again. Me I will vote for Sudani again.

Clare – Dinar Guru   Article:  “Central Bank Governor: Iraq’s internal and external debts amount to approximately $150 billion.“

Militia Man – Dinar Guru  Iraq is going to be a pillar.  It’s going to be a foundation stone in the Middle East.  Notice how the Middle East has cooled down significantly?  Iran’s been quiet.  We haven’t had missiles flying in Iraq anymore.  You have the neighboring countries big peace deal going on.  It’s calm.  It’s really good.  It gives confidence to International investors…Now you see article that Iraq is a beacon, it’s the show, it’s a new showpiece, hence CNBC picks it up.

Mountan Goat – Dinar Guru   So, folks let’s connect the dots.  First, Iraq must CONTROL their OIL REVENUES…The US does not want Iran or China to be controlling the oil or its revenues. Second, PRES, TRUMP’S WARNING…warnings over the PMF and the oil…given to Iraq by the Trump administration.  Third, the STABILITY OF THE DINAR.   Fourth, is DIVERSIFICATION…This will save the government billions each month. Fifth, INCREASE CURRENT OIL REVENUES …we all know about the plan to compensate the US for the war through oil credits…If the US is going to begin spending these oil credits…There must be additional oil revenue income too then to pay for these oil credits.  [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru  …HOW LONG WILL IT TAKE? The Iraqi relationship with the US has changed drastically since Pres. Trump…he is not playing games and is serious about all five (5) of these key issues.. Yes…issues that must resolved. No more delay! …we see attention to all of these key issues in the news…  Can Iraq solve them in time for a January  reinstatement?  …But remember the CBI also needs time to conduct the Project to Delete the Zeros and…We also know that part of the future clout of Iraq will mean full accession to the WTO and the BIS.  These both are still pending.  Are they waiting for the reinstatement and go ahead by the US to announce them? …we know that Iraq and the CBI keep moving ahead…One thing that is very clear to me is that all this effort will come to a convergence at some point in time. There will be an explosion of wealth for Iraq.   [Post 2 of 2]

Samson – Dinar Guru  Article:  “AL-SADAWI : AL-SUDANI’S SECOND TERM IS A DONE DEAL, AND WE ARE WORKING ON A THIRD“

 Clare – Dinar Guru  Article: “Trump congratulates Iraq on National Day and affirms Washington’s commitment to the strategic partnership and promoting regional stability“

Mountain Goat – Dinar Guru   Article:   “GOVERNMENT ADVISOR: MONETARY POLICY HAS ACHIEVED STABILITY IN THE EXCHANGE RATE AND INFLATION.”  …the IMF told Iraq through their consultation sessions that they needed low inflation and a steady exchange
rate. The news just told us that inflation is at a record low for Iraq, EVER. In fact they called it “unprecedented stability in inflation and prices”.  The CBI is also able to steady the official rate of the dinar at 1320 for almost three years now.  So where is the RV then?

Jeff – Dinar Guru   Article quote:  “There is no intention to float the exchange rate of the dinar.”   Why can’t the do that?  The budget is calculated off the currency value…If the value of the currency were to change significantly, say more than 20%, that would force them to amend the budget.  They’re not going to keep amending the budget. 

Nader – Dinar Guru  Question: “Can you explain the three zeros?  How you going to exchange them?”  It’s going to be 90 days exactly…Just like they did before when they exchange the small categories with the big categories they gave us 90 days to change from Saddam’s money to the new currency we have now which we call the new currency…I think that’s the rules of all central banks. 

Mountain Goat – Dinar Guru   Article:   “WORLD BANK: IRAQ’S ECONOMY TO LEAD ARAB REGION IN 2026 WITH 6.7% GROWTH”  Quote: “According to the World Bank, Iraq’s economy is expected to record the highest growth rate among Arab countries in 2026, reaching 6.7 percent.”  Folks this is enormous growth for any country, never mind a middle eastern country. 

Clare – Dinar Guru  Article: “Between monetary reality and development ambitions: Iraq’s financial reserves exceed $100 billion”   Quote: “Foreign exchange reserves have emerged as one of the most prominent indicators of a country’s economic strength, reflecting the level of monetary stability and the ability to confront crises…Saleh said that current foreign reserves are not considered sovereign funds for public investment, but rather are part of monetary policy and are managed exclusively by the Central Bank of Iraq…Saleh added that these reserves are allocated to protect the dinar’s exchange rate and combat inflation“