Dinar Observer Daily

Nader – Dinar Guru  Please…let’s be real.  All that stuff $10, $7, $6 [for the dinar RV rate], more than $3.22 I don’t want to hear it.  It’s really the abuse of your mind.  I’m serious…It will not go more than $3.22 I promise you.  This is serious.  It’s 100%.

Militia Man – Dinar Guru    Article:   “12 INTERNATIONAL COMPANIES SUBMIT BIDS TO OPERATE MOSUL INTERNATIONAL AIRPORT”   This shows Iraq already has the support from the international community. There are firms from Turkey, Britain, the UAE, and Oman.   The investment climate has become ripe for public-private partnerships. That means cross border collaborations. This too is support for Iraq’s [global] integration! …They’ll need the support from the central bank by having plenty of foreign currencies…to help facilitate trade on a global scale. Investment in the Mosul airport supports this effort as well!

Militia Man – Dinar Guru  The special 1310 exchange rate it’s not a fundamental real effective exchange rate…Anybody  that wants to do whatever research you want to do, you’re going to find out it’s not a real effective exchange rate.

Clare – Dinar Guru  Article: “US sanctions companies run by Iraqi businessman for smuggling Iranian oil ” Quote: “US  Treasury Secretary Scott Besant emphasized that Iraq cannot become a safe haven for terrorists, and that is why the United States is working to counter Iran’s influence in the country.”

Jeff – Dinar Guru   There’s a lot of amazing news out there… Just so you know, the original [Iraqi dinar] currency devaluation occurred back in the month of September around 2004 or 2005. September is a critical piece right now based on everything out there.

Pimpy – Dinar Guru  If it does happen where the exchange rate is changed, they keep the zeros on there and your dinar actually becomes worth millions, you still could go down to the bank.  You don’t go to no ‘redemption center’. There’s no ‘800 numbers’.  You just take them down to the bank and exchange them.  If you got a shit-ton of them and you’re seriously got millions of dollars coming to you, they’re not going to give it to you all at one time.  There’s going to be a little bit of a hold time just like if you’re cashing a check. They will give you access to a limited amount of it but the bulk of it is going to be put on hold for just a little time.

Nader – Dinar Guru  Question:  “If they wait until after the election won’t that keep Sudani from getting elected?  He promised the dinar would be the promised currency of the world.”  Sudani never promised you anything.  Sudani never said, ‘Hey, I promise you I will change the current rate.’  He come out and he said the dinar is stronger than the dollar.  But he never promised anything to anybody.  He can’t promise.

Militia Man – Dinar Guru It is fascinating to see how far Iraq has come in the process of a revaluation, IMV a redenomination, and an application of a real effective exchange rate…Hopefully what we’re going to see is they’ll be doing these things for international Forex markets…  Article quote:   “This formalization supports the groundwork for potential revaluation or redenomination as a more controlled money supply enhances the CBI’s ability to adjust the currency’s nominal or real value without destabilizing the economy.”

Militia Man – Dinar Guru    Article:    “THE MINISTRY OF COMMERCE ANNOUNCES THE COMPLETION OF 7 MAJOR FILES RELATED TO IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)”  Iraq has the ability to get full accession.  I think it’s imminent…The WTO is, I think, waiting just like we are for Iraq to have a real effective exchange rate…

Pimpy – Dinar Guru  Question:  “What if one or some of your bills turns out to be counterfeited? Then what happens?”  They’ll go, ‘This bill or these bills are no good.  They’ve been counterfeited‘ and they’ll confiscate them from you.  Obviously because they don’t want you running around with counterfeit bills…They’re most likely going to ask you where did you get these from so they could try to go after the people who did it…Have your receipt…Make sure you know where you got your dinar just in case…The  [company you purchased from] will rectify you.

Sandy Ingram – Dinar Guru   Some of us have been waiting over 15 years for the IQD to revalue.  Some of us have faith and other of us have hope.  We put that faith and hope together and we believe Iraq will pull through this.  The revalue may not be $1.00 to 1 dinar in the beginning…It could be $0.10 or $0.15.  But even if it’s 10 cents and you have a million Iraqi dinar do the math  …Then investors can invest from all over the world.  It can go to 20 cents.  It can go up up and up.  But first we have to get those three zeros off of there and get it into US cents then we can move it up to US dollars. 

Nader – Dinar Guru   It’s not revalued…You know when…the dinar is international?  Everybody’s saying now it’s international.  It’s not yet on Forex.  If he goes international the first thing they will do, will go on Forex. For now it is on Forex but it’s not tradable, you cannot buy and sell.

Militia Man – Dinar Guru  They talk about a managed float.  One of the things about a managed float is they’e going to be able to defend their currency.  I’ve been saying this for years, it makes more sense for them to have a managed float because then the central bank can work in conjunction with other entities and intervene in the market. In other words, they can control inflation – They can buy in currency or sell currency to maintain a stable exchange rate.

Mountain Goat – Dinar Guru   …the only sound way to stabilize the rate of the dinar against the dollar is to get off the sole peg of the dollar to the dinar. …How can you expect to solve this issue when you are selling oil for dollars and still relying on massive payments for imports (mostly in dollars). SOLUTION: Get off the de facto peg to the dollar…It’s time! Stop the demand for dollars! …They must tackle the root of the issue and just get off the sole peg of the dinar to the dollar.

Sandy Ingram – Dinar Guru  Article:  “Breaking News: Under Dire Threat of US Sanctions, Iraq Backs Down – Withdraws Controversial Militia Bill“  Which would have included the PM being integrated into the Iraqi policy.  Iraq just pulled back.  When you have $100 billion dollars in the bank in the United States, you’d pull back too.

Militia Man -Dinar Guru   Article quote:   “Dr. Sahad Bahan…Iraq is to be one of the most secure countries in the region and the world.”  That’s a pretty powerful statement…Those that think Iraq’s going to come out at 1310, trust me on this one, 1310 is insignificant.  It’s not going to work.  It’s not even a reality.  A real effective exchange rate is a reality…It’s not 1310 folks, it’s not.

Clare – Dinar Guru  Article:  “Trump to address 80th UN General Assembly on Sept 23: White House”   Quote: “The President will travel to New York City on September 22 to address the United Nations General Assembly on Tuesday, September 23,” White House press secretary Karoline Leavitt told reporters during a press briefing.“

Militia Man – Dinar Guru  I know a lot of you are getting worn out and tired.  Me too.  Everybody in the crew is tired.   We all are.  But the cool part is that there’s always hope and we can see the hope comes from the documents that they bring out, the articles they bring out.  It really does support their focus is on integration.

Pimpy – Dinar Guru  There’s no ‘tier 1’, no ‘tier 2’, the ‘redemption center’ is going to be the bank.  As soon as they get on the Forex then you can go to the bank.  All you do is take in your currency, no matter how much you have, and say, ‘Hey, I want to go ahead and exchange this for dollars.’  They take the dinar, run it through the De La Rue  machine to make sure  everything is legitimate and they’re not counterfeited, they add up all your dinars and…they’re going to show you the official exchange rate.  If you accept it, then you make the change right then and there.

Jeff – Dinar Guru   Everything is suggesting completion to you at the exact same time.  Troops out, ready to join the World Trade, transitioning by getting the troops out, suggesting sovereignty, sanctions removed, revaluing the currency…

Sandy Ingram – Dinar Guru   A revaluation needs a strong, stable economy with broad international trade and investment.  If Iraq looks like it’s locking itself into Iran’s orbit that could slow or even stall the momentum needed or the dinar to rise in value since fewer counties and banks might not be willing to deal with Iraq…

Nader – Dinar Guru  Question: “IYO how much will be the rate?”  I think it will not be more than $3.50.

Militia Man – Dinar Guru   Iraq can integrate into the global financial system and that amount of [recovered stolen] money that’s involved and all the natural resources is not going to say you can jump into the Forex at 1310.   They’re just not going to do that to the dollar.  1310 to the dollar is just, no, it’s not going to work.

Mountain Goat – Dinar Guru  …As far as collecting the outstanding 80% of the currency in stashes outside the banking system, I do not believe this can be resolved until they offer a rate greater than the dollar for the dinar to retrieve them. We know it and they know it too…

Militia Man – Dinar Guru   Iraq’s situation is they have $100 billion plus/minus of foreign reserves.  They also have a significant amount of gold and they have a significant amount of natural resources.  Those are things that are part of the fundamental basis of when a revaluation happens.  There’s so many things that are involved.  It’s not just the money supply. 

Pimpy – Dinar Guru  If this [dinar RV] happens, when people start going, ‘Hey call this ‘800 number’ or let’s go down to this ‘redemption center‘ Don’t do that.  It’s most likely a scam and they’ll get your [dinar], they’ll take those dinars from you.  Just go to your bank.  That’s all you have to do.

Nader – Dinar Guru I think they’re waiting for the election, what’s going to happen, who’s it going to be.  I think it’s Sudani again… The RV is very close.  Should be this year.

Sandy Ingram – Dinar Guru  If Iraq continues to grow closer to Iran, foreign investors from outside the Middle East, especially in Europe, Asia and the United States could start to pull back.  Many countries have sanctions on Iran.  If Iraq is seen as too closely tied, investors might worry about legal risks, political backlash or get caught in sanctions themselves.  That means less money coming into Iraq’s economy…When it comes to the currency revalue process, this matters…

Militia Man – Dinar Guru  We know electronic payments has been reducing the money supply. 

Mountain Goat – Dinar Guru  Just recent news told us that nearly 500 billion US dollars stolen from Iraq may be recoverable from foreign entities…Even a partial recovery would be massive…WOW!…it might be the catalyst Iraq needs to give them the global confidence to launch the reinstatement back to FOREX and repeg the dinar to a basket of currencies. This could also send the Development Road project into high gear. The amount of Iraq’s reserves could then reach more than half a trillion dollars…WOW. This could completely back the dinar and then some. There are not many countries that have this kind of reserves and financial stability.