Dinar Observer Daily

Clare – Dinar Guru  Article: “The Iraqi Stock Exchange achieves “positive results” in light of the major and accelerating collapse of global stock exchanges!”  Quote:  “the Iraqi Stock Exchange, unlike the world, achieved positive results for this day, unlike the data of Arab and international stock exchanges, indicating that the stock exchange in Iraq operates in a business environment that is almost separate from international markets.”

Kaperoni – Dinar Guru   The Iraqi dinar is a currency of a country it’s not a lottery ticket. There is no magical RV…Owning dinar is risky, which may strengthen over time, but it’s a long-term investment.

Jeff – Dinar Guru  Iraq was talking about doing their census in the month of November.  They’ve pushed it up to the month of October.

Clare – Dinar Guru  Article: “Urgent | The Governor of the Central Bank submits a request to be relieved of his post”  Quote: “The Governor of the Central Bank, Ali Al-Alaq, submitted a request to the relevant authorities to relieve him of his position.“

Samson – Dinar Guru   Article: “Central Bank Governor: We will not reduce the dollar exchange rate now“

Militia Man – Dinar Guru    The multi-currency practices are going to go away and ultimately they will apply a REER or Real Effective Exchange Rate to Iraq’s currency – Everything we are seeing is powerful evidence that the monetary reforms are on the table and they are knocking them out….

Samson – Dinar Guru  Article:  “Legal violations’ in the work of the Central Bank prompt demands to replace its governor, Ali Al-Alaq”   Quote: “Today, Saturday, the economic expert, Abbas Al-Bassel, stressed the necessity of replacing the Governor of the Central Bank of Iraq...”

Dinar Investor – Jeff   [Iraq’s] accession to the World Trade will need a few more months…

Breitling – Dinar Guru  The Central Bank of Iraq, they want to do what Washington wants them to do.  They want to be part of the International community.  But the problem is there are these private banks and different financial instruments in Iraq that are completely in bed with Iran.  There seems to be a problem with separation.  So the United States is going to punish Iraq for not being able to handle it correctly is what’s going to happen…The United States is saying enough is enough, we’re not screwing around anymore.  We’re protecting the financial system as much as possible but it’s being abused by people who don’t like us…

Kaperoni – Dinar Guru   Article:   “Iraq speeds up steps to join WTO”  Those that follow me know that we posted information that stated the Central Bank of Iraq planned to end the currency auctions at the end of this year, joining the WTO sometime next year would also benefit them.

Clare – Dinar Guru   Article: “Arab currencies top the list of the strongest in the world.. Is the Iraqi dinar among them?”  Quote:  “Four Arab currencies top the list of the 10 most powerful currencies in the world out of 180 currencies recognized by the United Nations…1. Kuwaiti Dinar: equivalent to 3.27 dollars…2. Bahraini Dinar: 2.65 dollars…The Bahraini Dinar is pegged to the US Dollar and is used exclusively in Bahrain, which has a large expatriate community…  3. Omani Rial: 2.60 dollars.  4. Jordanian Dinar:  1.41 dollars.  5. British Pound: 1.26 dollars.  6. Gibraltar Pound: e1.26 dollars.  7. Cayman Islands Dollar: $1.20.  8. Swiss Franc: 1.14 dollars.  9. Euro: 1.08 dollars.  10. US Dollar: $1.00.“

Militia Man – Dinar Guru  ‘The Theft of The Century’…It’s a big deal.  It’s in the forefront again…They’re going to claw back a lot of money.  A LOT of money.  Why is that important to you and I?  If they claw back a lot of money it all goes back to the treasury.  Tens of billions of dinars or multiple billions of dollars.  It’s all clawed back from people that stole their money from the citizens…We’d have to pay out on that [988 billion dinars] if they were able to keep them…Finding this stuff is amazing.  It’s really good for the country…citizens and it’s really good for you and I…

Clare – Dinar Guru  Article: “US Treasury Takes Control of Iraq’s Central Bank to Combat Money Laundering”  Quote:  “The three sources confirmed that a team of American employees is working permanently at the Central Bank of Iraq, as part of intensive efforts to ensure Iraq’s commitment to international standards for combating money laundering and terrorist financing…One of the sources explained that the governor of the Central Bank of Iraq tried to resist these restrictions, but the American response was strict, as the Central Bank of Iraq was included among the institutions considered to support money laundering operations and failure to comply with sanctions.”

Samson – Dinar Guru  Article ”It is noteworthy that tens of billions of dinars have been recovered in recent months through operations to track down corrupt individuals, especially those who fled abroad.“

Dinar Investor – Jeff  Iraq just competed their 5 year development plan…That’s basically the reform plan…They completed the reform plan, that’s a required step for their accession to the World Trade.

Breitling – Dinar Guru   You have Iran and the Revolutionary Guard…Yemen saying they’re going to get revenge…More is going to happen.  That’s why there’s war ships headed toward the Lebanese coast right now in anticipation towards this.

Militia Man – Dinar Guru  The delete the zeros project is real and it’s not a lop…We’ve been over this and over this and I’m sticking to that.

Kaperoni – Dinar Guru  Seems to be a lot of hype lately that people are getting excited for some Dinar RV.  Not how currencies work. Iraq has a lot of work to do…If and when the dinar goes up in value it will be based on the success and growth of Iraq’s economy.

Pimpy – Dinar Guru  It [the Iraqi dinar] is going to go up in value.  There’s no doubt about it.  But how they go about it is something totally different.  Is it worth the investment?  I think so or I wouldn’t even own it…

Clare – Dinar Guru  Article: ”Al-Sudani announces the launch of the five-year national development plan (2024-2028)”

Breitling – Dinar Guru   I’m not getting out of the currency [the Iraqi dinar].  I’ll wait it out.  But right now I am neutral.  This is not positive at all [Iraq moving pro-Iran].  We’ll have to sit back and watch what the CBI says…How are they going to add value to the currency being sanctioned or being punished?  There’s no answer for it.  We have to wait...Whatever comes along I’ll report it.  If it changes, no problem, I’ll report it.  If I see a pathway that they’re going to add value to the currency [I’ll report it]…

Militia Man – Dinar Guru  Everybody’s pretty much pumped, pretty much excited because the news that’s been coming in is off the charts.  Saleh has been out for the last couple of weeks educating everybody… reiterating why they do what they do…and how they do it.  Economists coming out talking about what they believe the Central Bank of Iraq is dealing with with the Federal Reserve Bank, United States Treasury.  You can see these guys are serious…

Militia Man – Dinar Guru  We don’t put our head in the sand but the bottom line is everything we’re seeing for the last two years should have everybody excited...

Dinar Investor – Jeff   Iraq has to tell you they don’t have plans to revalue the currency this year because they’re getting closer to the finish line.  They have to show news that suggests they won’t be revaluing their currency...

Clare – Dinar Guru  Article:  “Officially.. Al-Hassan succeeds Plasschaert in Iraq”  Quote:  “the appointment of Mohammed Al-Hassan from the Sultanate of Oman as his new Special Representative in Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert.“

Militia Man – Dinar Guru  Article quote: “Prime Minister advisor for financial affairs Dr Muhammad believes in the midst of the changes in the international commercial and financial space Iraq has moved to important organization levels in the transition to a market economy…which allows foreign banks to operate in Iraq and allows the transfer of capital and currency.”   That statement right there to me is massive.

Samson – Dinar Guru   Article:   “PARLIAMENTARY TRANSPORT : EUROPEAN EMBARGO ON IRAQ STILL IN PLACE“

Breitling – Dinar Guru  Brutally honest, I give you my honest opinion.  Here’s where I’m at personally right now.  I’m not getting out.  I’m neutral.  This doesn’t look good [Some Iraqi support for Hezbollah HQ in Baghdad].  Actually makes me sick to my stomach.  I don’t feel good about it at all because I’m looking at the Middle East.  I‘m looking at the influence and proxy wars coming from Iran…Here’s the reality…they [Iraqis] were trying to upgrade their financial system and make sure they were compliant and be on the world stage with the currency again. They’ve always been on it but this is a different ball game.  Here’s the thing, they are following law…to be able to trade again…but the road they’re going down now, they’re going to be sanctioned...That’s not good...It’s bad for us if they go down that road.

Mountain Goat – Dinar Guru    …recent articles from Iraq tells us the Iraqi government is taking steps to correct…issues and what needed reforms are still necessary… The nature of the reforms tells us they would have to be already started…Don’t think this is going to be a long, long process but certainly not days, maybe more like months…We must not discount all the reforms already accomplished…the Feds are now stepping in and trying to move the country steps further. Yes, they are shaking it up…So, this is all VERY good news and we should be happy to see it playing out…Everything is going to come together and it will happen suddenly.

Militia Man – Dinar Guru  Think about it.  You’ve been stealing from the country for 20 years.  It’s kind of hard to ween yourself off theft and corruption.  That’s what Iraq’s been going through.  They’re getting better and better and better as you can see…We all know there’s some entities in Iraq that own media and they throw it out there to throw people off… [Their name] probably starts with the letter “M” and we can go from there.