Dinar Observer Daily

Dinar Investor – Jeff    …what have they told us with the 2020 budget?  They’ve told us that the large deficit within the 2020 budget is actually the reforms.  The reforms are post rate change.  The reforms are also one of the items that is most highly wanted items by the demonstrators.  The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months…the last step we’re currently waiting on is for them [GOI] to position the money for all of these post rate change items…

BGG –  Article:  “ Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate”   Quote:  “Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives.”   I’m not sure I agree with the premise here.   Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have an idea Saleh wants to find a candidate the protesters can get behind.

Chattels – Dinar Guru    There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.

Mountain Goat – Dinar Guru   These stipends must come out as close to the 1:1 rate with US dollar as possible as this is the way they set it up to go. This means that they will have to move ahead with the “project to delete the zeros” in order to do this. Yes, these stipends are a triggering mechanism for the RV. It is all part of the same plan and inter-connected.  [post 2 of 2]

Mountain Goat – Dinar Guru   … an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, …not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle… and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress.   [post 1 of 2]

Mountain Goat – Dinar Guru   …Iraq does NOT yet have new prime minister…President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week…One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens… I believe Ali Abdul Amir Allawi will eventually end up with the nomination.

Chattels – Dinar Guru   Article quote: “If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget.“   The foregoing is confirmation of our explanation of the currency account…

Adam Montana – Dinar Guru   …it’s looking more and more like one of the Allawi’s will be appointed PM.  My vote would be for the one that Maliki likes the least, but I don’t get a vote in that.

Dinar Investor – Jeff    The US has poured trillions of dollars into Iraq and shed blood for Iraq.  It wasn’t the World Bank or the IMF…I showed it to you through all of last year.  This is linked to accounting periods…because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year.  They’re telling you that this is linked to accounting periods…Iraq is probably transitioning back to their original fiscal year.  April/March which is identical to how Kuwait is currently structured.  That’s why Kuwait changed their rate around the end of March to align their rate change with their fiscal year.  You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]

Dinar Investor – Jeff    …one particular guru…is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change…that basically once they put in a prime minister that roughly within a month that’s when the rate is gonna change.  That’s not the case…  Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence.   Those scenarios have nothing to do with the timing of the rate change.  That’s been scheduled since early last year…Who’s in charge of the rate change?  Donald Trump… [Post 1 of 2]

Frank26 – Dinar Guru  …President Trump is more deeply involved in monetary reform of the dinar in Iraq…what if he told the Central Bank of Iraq it’s time for you to stop using the American dollar.  Play fairly.  Does that sound familiar?  The way that you do that is stopping your auctions…IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a “no later than ” end date…

Adam Montana – Dinar Guru   Article quote:  “Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region.”  There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth… My opinion is that Trump may not be directly responsible for Iraq’s RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq “wanting US troops out immediately” was just that: nonsense.

Adam Montana – Dinar Guru   When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today.  Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit.  The year 2020 continues to shape up as a GREAT year for it, too! …My friends, this situation is unfolding before our eyes… I have a strong feeling that the Dinar news is going to get much more exciting, very soon.

Dinar Investor – Jeff    …a lot of BS is coming out right now.  They’re doing that to mislead us because we’re getting closer to the finish line.  On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc’s did not agree.  Now Salih is going to Davos, Switzerland to meet with Trump.  So after that Salih says he’s going too appoint or nominate a new P.M.  So we’re waiting now on Thursday until we get a new P.M.  We’ll have to see how that goes.  Lots of BS in the news coming out right now so it’s hard and challenging to really focus on the news but that’s all by design…

Kaperoni – Dinar Guru   If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result…

Dinar News Flash –   It appears Iraq has a new Prime Minister.  It appears this is NOT official.  News and intel reports have been all over the place.  Two names (there may even be a third) have come into focus… Ali Al-Shukri…who seems to be the protestors pick and Muhammad Allawi…favored by the Iranian faction of the GOI government.  Obviously, this is an critical juncture for Iraq and the dinar.  A lot is at stake.  Which side is going to win Iraq?  Stay tuned as the dust settles.

Delta – Dinar Guru   Article:  “Legal Spotlights on the Central Bank’s Independence from the Executive Authority – A Comparative Analytical Study”    Quote:  “CBI is in the process of drawing up and implementing monetary policy”   MORE CONFIRMATION CBI ON THE VERGE OF…YOU KNOW..MUSIC TO MY EARS.

Chattels – Dinar Guru   Article:  “Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate .”    Will it be Ali Al-Shukri or Muhammad Allawi ?

Frank26 – Dinar Guru   …IMO Iraq is asking the President of the United States of America two things.  Keep your troops here and protect us.  Build more bases if you have to and the other thing Mr. President, raise the value of our currency…

Dinar Investor – Jeff    Article “Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister”  So there you go Muhammad Tawfiq is the new Prime Minister of Iraq…

BGG ~ I’m not sure we’re quite to that point yet, but close…

Chattels – Dinar Guru    Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.

Footforward – Dinar Guru   Article:   “President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace”   I’m hoping this is true, but I’m getting conflicting reports from different sources.

Frank26 – Dinar Guru  …IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions…

MilitiaMan – Dinar Guru  Article:  “Parliamentary investment: the 2020 budget will be operational after the agreement with China”   The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too… Imo!

MilitiaMan – Dinar Guru    “Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran … We ask you to protect our money”  Did DJT get the letter above and give an “insistence” to make sure their money is safe and sound!?  Re – Instating their currency will be a safety measure, as it protects the wealth of the nation, right?    We shall see and I suspect that time now is ripe for them to be prepared to report what they may have done or will have done in due course.   The articles suggest they are ready to give the 2020 budget draft to the parliament. Well imo not to break the good news to ya’ll on that, but, the 2019 Financial Management Law Amendment will need to precede that…imo.  That is where what it all revolves around and that is about the mechanism that is in or is the 2019 FML amendment! Just as the protection of their money does… They have been protecting the information in the 2019 FML for a very long time. imo.

Mountain Goat – Dinar Guru    Article:  “CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT”    So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning?  We know why and its because he wanted to create this budget crisis and hold up progress.

BGG ~ I think not.

MilitiaMan – Dinar Guru    Article:  “Al-Fateh reveals an intention to elect the Prime Minister directly from the people”  This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the  2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.

MilitiaMan – Dinar Guru   Article:  “Deputy: The budget law will arrive in the coming hours in parliament”   There is a difference between the 2020 Budget Law and the 2019 FML Amendment.   Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt…

MilitiaMan – Dinar Guru   …they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here.  What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! …In the end the evidence from the CBI supports imo, we are going to see them paid…Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God … and the CBI does exactly as they have shown they are doing!   [post 2 of 2]

MilitiaMan – Dinar Guru   Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq!  They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate!   Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet.  We know they modified those latter two on November 30th and published the modification on 12/08/2019…So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2]