Dinar Observer Daily

MilitiaMan – Dinar Guru   We hear from a source…that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of  the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo  [post 2 of 3]

MilitiaMan – Dinar Guru   Article:  “The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate”   The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq’s monetary policy…is huge and very welcoming for us all. …in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement…The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3]

Mountain Goat – Dinar Guru   …Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out…The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this…Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar…

Kaperoni – Dinar Guru   So is there a way to fudge the numbers when you fall out of compliance [on the 2% rule]?   Who knows but the CBI does report the auction exchange rates in their spreadsheets which ultimately end up in their reports to the IMF. The bottom line is if  stability is an issue I doubt the IMF would accept them into Article VIII. And if anyone questions the validity of such a rule all I have to do is go and look at the Article IV Consultations between the IMF and the Central Bank of Iraq to see that it is very clearly documented as a requirement.

Adam Montana – Dinar Guru   The “2% compliance” deal is good to see, but it’s not mandatory for an RV. Consider the organization that “requires” 2% compliance… the theory falls apart after that.  Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly.

Mountain Goat – Dinar Guru   Article:  “IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE”  I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time… 

Adam Montana – Dinar Guru   Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency…but I don’t believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani …is likely in favor of a quicker path to an RV. …it is going to be a bumpy ride, but it won’t last forever. When it’s over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket…we are indeed in the middle of a very tense and hectic time…buckle up, hang tight, and be ready. [post 2 of 2]

Adam Montana – Dinar Guru   What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. …This is exactly the type of situation where big things happen, but the world is so busy watching the “news” that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. …this is a fluid situation – things change fast…  [post 1 of 2]

Breaking News – Dinar Guru  President Trump had a press conference earlier today about the Iran situation in Iraq [above video].  Trump said he doesn’t want any more suffering in the region and is hopeful for a peaceful relationship with Iran.   He wants Iran and the Iranian people to become prosperous and peaceful members of the world and calls on the biggest nations of the world to help support that mission.

Mountain Goat – Dinar Guru    WOW! Lots going on this past period in Iraq…millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country…The U.S. military is not currently under any order to leave Iraq… This is not as bad as it may seem on the surface… Now maybe Iraq can really get down to business of rebuilding their country and economy…We all need to sit and relax and watch this play out.

Tman23 – Dinar Guru  I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was…How can you back the IQD when the assets are always under the threat?  Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military…there has been nothing in print yet to confirm but a very good source…so after last night it shows Iran is in a turmoil mess …SIMPLY PUT, everything is far better in positioning then it was…AND I PUT ZERO STOCK IN MAINTAINING THE 2%…rules change and that one is not engraved in stone.

Adam Montana – Dinar Guru    Things are craAazZZYyy over there right now… nothing that I see at the moment is killing any chance of an RV. But it’s also really hard to stay on top of actual Dinar News with the current situation.  I’m watching it like a hawk though!

Dinar Investor – Jeff  …what Iraq’s parliament did the other day…nothing was passed or approved that was legal and binding to physically remove the US.  Only the Shias attended parliament and did this act or stunt to support Iran.  The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding.  The US is not going to be removed…

Dinar Investor – Jeff    …What’s happening between the U.S. and Iran will have no bearing on the timing of the rate change…the timing of the rate change only has one speed associated with it and it’s extra slow…we are waiting on the 2020 budget with Iraq.  That’s what you’re going to continue to see and that’s how the news is going to play out.  The news will walk you into the 2020 budget.  That’s where things are headed next…

Mountain Goat – Dinar Guru   First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV…I also said the US was plotting a way to get them out of Iraq… They have plan and so be patient and watch it unfold…I know it may seem gloomy at times but hang in there…Don’t give up now.

Frank26 – Dinar Guru   …Iraq is going through a change.  A paradigm change.  An epic historical change and because of that there is a price to pay…Iran is doing  their very best to stop the forward progress of the reinstatement of the monetary reform…

Dinar Investor – Jeff  …it’s all coming together.  The CBI’s last requirement to delete the zeros they said that the corruption political figures had to be removed and they were.  After they got rid of those corrupt official Iraq started setting the stage for the rate change…That’s not just a one month step.  They need time.  That’s why they used the whole year of  ’19 to set the stage.  And now you can see they’re already told you, this isn’t my opinion… reconstruction, article 140, HCL…those items are in the budget.  So what they’re indirectly telling you is they have to position money for those steps…so don’t worry about all that other stuff…there are no delays in this…no delays at all…

Francis Albert – Dinar Guru   And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is  paying attention to the moves of the CBI and GOI in the past, say year…has to…has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us…or not. Remember Iraqi’s only true export and that is and will be sold for Dollars until the end of time. Iraq is in a unique situation.   [post 2 of 2]

Francis Albert – Dinar Guru   Good point KAP, so all I can retort to this is, well two things:  Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources…we’ll see…   [post 1 of 2]

Francis Albert – Dinar Guru   “Breitlng” posted an opinion that has gained some coverage in the Dinar World that I want to comment on. “He” states that taxes will be taken out right there at the time of exchange. That simply is not possible. Everyone’s tax situation is different, and banks are not tax collectors. Each person will, IMO, be responsible to pay the appropriate tax on the date prescribed by IRS just like any other investment.

Dinar Investor – Jeff   …some great news came out that’s good
for us.  Not necessarily bad for the citizens and/or demonstrators because they’re sill gonna get what they want…here’s an article from today  “Abdul Mahdi will remain in the Prime Minister for the next three months”  …Abdul Mahdi still is the acting PM temporarily… January, February, March.  Notice how they kept him in through Q1…that’s great news for us…it suggests that they’re keeping Abdul Mahdi in long enough through the rate change…Remember since September I’ve stressed to you we need until March.  Now you’re seeing that based on everything happening factually…

Francis Albert – Dinar Guru   …If the CBI has all the actual notes (physical or digital for that matter) they can just destroy them if they want…as all Central Banks do regularly in one way or another. Like Cheeto’s – Central Banks, can always crunch, (create) more “money”.  KAP’s basic argument is based on his opinion that there’s 45 Trillion Dinar out there that would come home to roost with an increase in value and thus, he argues, a substantial increase can’t happen. IMO, he’s just not looking at the whole picture.

BobTheTaxMan – Dinar Guru    …If you plan ahead you’re going to be able to accomplish the things you want to accomplish.  You’re going to be able to retain that dinar.  Now, I’ve spent lots of time visiting with some of the brightest minds in the tax world…The three things anytime you have a windfall gain you look for 3 things that can happen.  1.  Can I reduce my taxation?  2.  Can I defer my taxation?    3.  Can I eliminate those taxations?  All three of those options are available to us who own dinar.  But you have to plan on it.  And you have to put certain things in place before the RV occurs...there is no ‘tax free’ option – period.  There isn’t any…despite all the rumors out there about making this thing a capital gains it will not be capital gains...

BobTheTaxMan – Dinar Guru   …I’ve watched people who have managed to come into great amount of money and lose it so quickly…you’re gonna walk into the bank you’re gonna exchange your dinar and they’re gonna give you X amount of dollars for X amount of dinar.  You’re gonna walk out and you’re gonna be happy.  Feeling on cloud 9.  You’re gonna spend that money.  Then you’re gonna say, ‘wow, I need some more!‘ So you go cash in some more and you’ll keep doing that without taking into consideration that you’re building an obligatory spot with the IRS.  Every time you do that you got yourself dug into a hole.  And it’s so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. 

Breitling – Dinar Guru  …I have zero doubts on the currency revaluing…This is the most important information you’re gonna get…when you exchange your currency you’re gonna get taxed.  That’s a taxable event.  You are gonna have a big chunk taken out right there.  Next, you’re gonna go buy a house, that’s a taxable event.  You’re gonna go out and buy a nice car.  That’s a taxable event…that’s what I’ve been worried about.  It’s going to go away from you so quick unless you know what you’re doing and have a plan and you have a plan to avoid that.  You did what you needed to do.  You bought the dinar.  The second thing you need to do is keep it.  There is nothing else you need to do.  This is coming down the road.  There’s no other way I can say it.  It’s right in front of you.  You’re looking at it.

MilitiaMan – Dinar Guru  ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing  the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don’t raise the rate soon…The reduction in currency wasn’t found until around the 23rd – 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo.  So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.

Chattels – Dinar Guru   I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.

BobTheTaxMan – Dinar Guru   …We are here.  We are really really knocking on the door of this thing coming to fruition…I know the CBI is a little difficult to understand…there happen to be a graph that’s showed up…that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it’s way…that graph is really dramatic…I haven’t seen anything so far that shows such a drastic change.  This is official.  This is coming out of the CBI itself…

Dinar Investor – Jeff    Article “The current year will witness the passage of controversial laws”  …all the controversial laws are dependent on the rate change.  Oil and gas.  Federal court.  Article 140…they’re waiting on the rate change.  They cannot amend these laws and add them to the constitution until after the rate change.  It’s that simple…”this year will witness a passage of controversial laws.”

Kaperoni – Dinar Guru  Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.