Dinar Observer Daily

Militia Man – Dinar Guru   If you were to do a re-denomination, you’re going to need a revaluation first…  I believe Iraq is going to do a revelation, dropping the three zeros and then they’re going to re-denominate [with] lower denominations.  And they’re going to apply a real effective exchange rate to that.

Clare – Dinar Guru   Article:   “Strengthening digital infrastructure”   Quote:  “Electronic signatures are a cornerstone of banks’ digital transformation, providing a reliable technical and legal basis for electronic transactions…Having an internationally recognized electronic signature means that Iraqi banking documents and transactions will be accepted  internationally…In short, this decision is not just a technical addition, but a strategic shift that lays the foundation for the Iraqi banking sector to compete regionally and globally, and to enter the era of digital banking with confidence and security.“

Mountain Goat – Dinar Guru  Articles: “BAGHDAD REFUSES TO SIGN A TRIPARTITE AGREEMENT REGARDING THE PAYMENT OF $16 TO OIL COMPANIES.”;  “ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES.”; “MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.” …I just presented three…articles today on this topic of finding a settlement between Kurdistan and Baghdad for getting the HCL… these are all the details that will lead to finally settling the Oil and Gas law. Remember the US has stated this is on the list of one of the issues that must be resolved. This is a critical issue and must not be overlooked moving forward. 

Militia Man – Dinar Guru   Iraq is ready for integration into the global financial system…

Sandy Ingram – Dinar Guru    Here’s what still needs to happen before the IQD can be represented on the forex market like other currencies. 1.  Keep the official and street rates aligned and liquid so pricing is transparent and spread are tight.  IMF says progress is real but more is needed.  2.  Finish cleaning up anti-money laundering and counter financing of terrorism gaps   3.  Continue bank reforms so the system is well capitalized, governed and digitally connected…Optional but helpful …consider formally accepting IMF Article VIII obligations to signal in legal terms currency account payments remain free and non-discriminatory…Iraq has done a lot more than what is left to be done.

Clare – Dinar Guru  Article: “The US House of Representatives revokes the war authorizations for Iraq”   Quote:   “The Iraqi Embassy in Washington announced on Thursday that the US House of Representatives has approved the repeal of the Iraq War Authorizations for the years 1991 and 2002, noting that this decision marks an important milestone in the development of relations with the United States…this step represents a reinforcement of the principle of sovereignty and opens a new page in the path of Iraqi-American relations based on mutual respect and common interests. We look forward to its approval soon by the Senate.“

Militia Man – Dinar Guru  The Iraqi dinar, is it real?  Of course  it is.  It’s completely real…Some of you folks always ask, ‘Why did you get into this?‘ …I did research to get to my decision to buy the Iraqi dinar.  One of the thing I found was an IMF 198 page document…It was $3.22. That was Iraq’s currency based off oil. Today we have non-oil resources… New  banking…  new technology…new natural resources they found.  All of those types of things come into play because that’s where valuation comes into.

Mountain Goat – Dinar Guru  WOW! Iraq is quickly heading to a financial superpower.   Article: “IRAQ’S NON-OIL REVENUES JUMP TO 7 TRILLION DINARS THANKS TO REFORMS.”  So, we have read past articles and witnessed all the efforts that Iraq has taken in reforms in all areas of banking, financial and the economy. This is how they got where they are today. This has been an uphill battle. 

Pimpy – Dinar Guru  The bank won’t even talk to you in the first place until the restrictions are taken off the Iraq dinar.  When the Iraqi dinar starts showing up on the Forex, then is a good time to contact your bank to see if there’s any restrictions currently on the Iraq dinar or could you go ahead and bring your dinar in.  It’s that simple…

Militia Man – Dinar Guru  Everybody knows Iraq has got massive amount of resources. We talked about the $16 trillion worth of natural resources, probably above and beyond the oil…Iraq’s transformation and global integration will likely make Iraq’s vision a reality…

Newshound – Jeff  The news is becoming so real that it is so blatantly obvious that the rate is probably changing in the second half of September…You’re seeing the most critical information in this you ever have.

Sandy Ingram – Dinar Guru   There’s not a single button you can press to list the Iraqi dinar on Forex.  It’s really about proving through policies and underlying financial plumbing that the system is clean, the rate is stable and unified.  Banks can settle cross-border payment easily and there’s enough liquidity.  Iraq is moving in that direction…The IMF has publicly recognized these steps.  When those improvements really stick, more global counterparties and eventually [Forex] retail platforms will be comfortable offering the Iraqi dinar.

Clare – Dinar Guru   Article:  “Al-Sudani’s advisor: The development path will contribute 20% to diversifying the Iraqi economy” Quote: “Saleh told Shafaq News Agency, The development road project, which connects the port of Al-Faw in southern Iraq to Turkey via a 1,200-km railway and road network, is one of the largest logistics projects in the region, with an estimated cost of $17 billion.“

Pimpy – Dinar Guru  To add insult to injury, we have an election coming up in which they’re already trying to remove Al-Sudani.  I’m talking about the Coordinating Framework.  He’s not jumping through hoops like they were hoping he would.  Remember, they make million and million of dollars from the chaos…million and million of dollars off the black market with Iraqi dinar.  It’s going to be very hard pressed to get them to straighten up and care about Iraq as much as Al-Sudani appeared to be.

Militia Man – Dinar Guru  Now that they’re able to do contracts with e-signatures and they are able to trade with the dinar globally that will draw in the money…faster and faster.  I think that’s what [they’re] telling us is taking place because of a new mechanism.  So bring in your cash into the bank, you’ll be able to do digital transactions for commercial trade internationally in dinar.  That’s what I believe [they’re] saying.  That’s my theory.

Mountain Goat – Dinar Guru   The clock in ticking Tic Toc for Iraq to resolve the issues that the US has stated many times to them. The CBI, through my contact, has told me that they are moving ahead with the Project to Delete the Zeros, under the assumption that these issues will all be resolved. Personally, I don’t believe they all will be resolved in time for January 2026 reinstatement… I base this on the sloooooow past performance of Iraq. But remember too that negotiations happen on many fronts and so if Iraq does not perform on all of these issues, the US may consider the priorities higher on their list than others. I will leave it at that….

Pimpy – Dinar Guru When it’s time to go exchange your Iraqi dinar you just take it into the bank, hand it to the teller to make sure your bills aren’t counterfeit.  They’re going to tell you right then and there what the exchange rate is and how much money you got in US dollars if you choose to make that exchange…There’s no perks…Sure they love you as a customer, but just because you’re bringing in Iraqi dinar, nobody gives a shit at the bank.

Militia Man – Dinar Guru The news that has been out from Iraq the last couple weeks has been phenomenal.  You’ve heard my theme about integration into the global financial system…That’s exactly what I see happening.  In 15 years I don’t think I’ve ever seen the level of progress…that is coming out of Iraq in the news.

Nader – Dinar Guru   When they come and tell you it’s going to happen this week or this month or this day, nobody knows the date…and nobody will know how much either.  They can guess but nobody know the price.  I think $3.22…I think $3.22 is fair.

Sandy Ingram – Dinar Guru  The more Iraq moves on to traceable electronic rails, the easier it is for global partners to say yes to the Iraq dinar…

Clare – Dinar Guru  Article: “Al-Sudani’s advisor: Iraq’s non-oil revenues are increasing thanks to reforms”  Quote:  Non-oil revenues increased from (420) billion dinars in the first half of (2023) to (7) trillion and 18 billion dinars in (2024)…Saleh stressed that the three-year general budget law raised the contribution of non-oil revenues to 20%, in a clear step towards reducing dependence on oil“

Samson – Dinar Guru   Article:   “Al-Sudani’s advisor: The development path will contribute 20% to diversifying the Iraqi economy“

Pimpy – Dinar Guru   Iraq has…got to find a way to generate some non-oil revenue because they’re really hurting. This is why when I say, ‘No, their currency is not stable.  No their economy is not stable.’  And they go, ‘What do you mean Pimpy it says it’s great?‘  No.  The fact they are relying so much on the sale of oil really affects the overall value of the Iraqi  dinar  especially if you keep running deficits.  That’s what you don’t want to see…Nobody is going to tell you this stuff but it’s the stuff you should be paying attention to.  It gives you an idea on what direction Iraq is running in order for us to even consider the idea the Iraqi dinar might increase in value.

Militia Man – Dinar Guru  These guys have 150 billion barrels of oil.  They’re talking about artificial intelligence is going to need that…The energy that’s needed is really going to be required to be able to take care  of people if they want to have artificial intelligence…medicines, pharmaceuticals …sadly plastics…cars, everything you make is a derivative.  Is it going away? No.  This planet is going to keep growing.

Clare – Dinar Guru  Article:  “Experts: Banking reforms are necessary to enhance financial stability” Quote: “the global consulting firm Oliver Wyman, is implementing a strategic plan aimed at enhancing financial stability, diversifying the economy, and gradually transitioning from a cash to a digital economy.“

Pimpy – Dinar Guru  They’re pretty happy with where the exchange rate is right now because it’s stable.  There has to be some consistency in the stability of it…It doesn’t mean they won’t change it, but they need to show stability…They’re telling you right now they’re happy.  They finally got things stable.  Inflation is under control.  Spending is under control.  Reforms are taking place in the banking.  Jobs are being provided.  Everything is going in the right direction. 

Nader – Dinar Guru  Sudani never said [RV/rate change] before election…Show me an article where Sudani or anything where Sudan’s speech anything what Sudani said before the election.  Show me anything.

Clare – Dinar Guru  Article: “An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices” Quote: “Economic expert Salah Nouri confirmed…that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq…Nouri explained that depreciating the dollar—i.e., increasing the purchasing power of the dinar—reduces the amount of dinars the Ministry of Finance receives, creating difficulties in implementing the general budget, particularly the operational portion. He pointed out that the decline in global oil prices further complicates this problem, as it impacts the state revenues needed to finance the budget.“

Militia Man – Dinar Guru   Prime Minister of Iraq is saying… Iraq’s oil reserves have reached over 150 billion barrels.  It’ll provide the world’s oil for 120 years at least...OPEC said because of Artificial Intelligence and many other things, the demand for oil is increasing.  It’s not decreasing.  It’s a total disconnect from what we saw four or five years ago, but they’re saying it now…

Mountain Goat – Dinar Guru   Article:   “In AL-SUDANI: THE PARTNERSHIP BETWEEN IRAQ AND THE UNITED STATES HAS ACHIEVED
SIGNIFICANT RESULTS AND ENHANCED SECURITY” Quote:  “the Prime Minister Mohammed Shia al-Sudani himself praised the partnership  between Iraq and the United States on Tuesday, “stressing that it has achieved significant results and contributed to enhancing security and stability.”  …So where is the Project to Delete the Zeros then?  Another sign it may be coming VERY SOON.