Dinar Observer Daily

Mountain Goat – Dinar Guru   …Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? …if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean “reinstatement” time…finally to get out of this situation?  We know this was on the very first list of demands from the demonstrators so let’s see what happens.  [post 1 of 2]

Mountain Goat – Dinar Guru   Article:  “WHY DOES IRAN HATE IRAQ’S UPRISING?” …I have been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.

Dinar Investor – Jeff    …the budget.  Let’s talk about what’s inside it because it’s very important…Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they’re telling you that reconstruction is in the budget and reforms are in the budget.  All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they’re also waiting on the 2020 budget…notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they’re also waiting on the 2020 budget…that means they can’t wait too long to get them implemented...

MilitiaMan – Dinar Guru  Article:  “An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators”   Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.

Dinar Investor – Jeff   …we have seen more articles since July talking about article 140 and HCL more than we ever have in history.   And those types of steps and actions would strongly confirm that we’re right on the edge of this.  But like I said time is a factor…this is not a get rich overnight kind of thing…

RVAlready – Dinar Guru    I see this driven to quick conclusion by at least 3 drivers: Iraq protesters need an RV, imminent implosion of fed fiat money system, and possible implosion of derivatives market. We shall see what the future brings. Hopefully, an RV – and soon.

Dinar Investor – Jeff   …what Iraq is showing you through their actions is they are waiting on something for the rate change.  They’re waiting as you and I are.  Their actions show you that.  What are they waiting on?  Who’s in charge?  That’s real easy.  Look at who’s throwing their power around.  Look at who’s doing the most…who shed blood for Iraq?  Who poured trillions of dollars into Iraq?  Who’s flexing their muscles around the world?  …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…

Mountain Goat – Dinar Guru   Article:  “THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ”    …so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.

Delta – Dinar Guru   [Security and stability for the reinstatement]  THIS TIME IS THE OTHER WAY AROUND…REINSTATEMENT FOR SECURITY AND STABILITY…CBI IS MOVING FORWARD AND IMO NEXT WEEK SHOULD BE SOOOOOOOO HOT…

Mountain Goat – Dinar Guru   …this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]

Mountain Goat – Dinar Guru   Article:  “UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS”   Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article… They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up…Oh – but it’s not going to work this time. [post 1 of 2]

Adam Montana – Dinar Guru   The good news is that I see lots of good reasons to come back with more updates before next Wednesday… It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear…the Iraqis are grumbling about “US interference”, but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it’s not going to drag out forever. Personally, I see that as a positive sign and I’m looking forward to the next week… We are looking at a positive situation, friends. I’ll be back with more as it develops – hopefully even before the weekend, if the rumors I’m hearing are correct. This can all come to a head very quickly.

Vital Brad – Dinar Guru   …parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges.  They’re still not happy.  Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth.  They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…

Dinar Investor – Jeff     Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors”  …I have an article that tells you the reforms are in the 2020 budget.  That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it.  This is huge.  I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.

Dinar Rate UPDATE  Today’s CBI rate updates has the official exchange rate back within 2% of the market rate!  The rates were apparently outside of the “2% rule” for 3 days.  It’s unclear if 3 days is enough to knock the dinar out of compliance or not.  At this point the gurus don’t know if the IMF rules require a daily “within 2% spread” for compliance or if it’s based on a weekly or monthly average.  The Iraqi Dinar has been in compliance for over a year in a half before this 3 day slide.

Tman23 – Dinar Guru    I posted, early October that I was told November 13 was said … planned to be the biggest movement of wealth in world history… I also didn’t want to tie it to dinar but was hopeful that the possibility existed… I wait to see what happens tomorrow too…but only reason I posted it is … very credible person and it wasn’t dinar related… I’m hoping for everyone that there is a connection.

Mountain Goat – Dinar Guru  Article quote:  “Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative.”  …the prime minister of Iraq Mahdi, has not left his position… The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order…Mahdi also spelled out the conditions under which he would resign…Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections…But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have…But he is NOT the real cause of Iranian influence in Iraq. 

Chattels – Dinar Guru   Article:  “BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today.”  Quote:  “Selling and buying prices in banking shops:  selling price of the dollar = 121.750 dinars.  The purchase price of the dollar = 120.250 dinars”   “selling price of the dollar = 121.750 dinars” is not in compliance with the 2% variance calculation between the market rate and the official rate.

Dinar Investor – Jeff   Yesterday Iraq’s parliament completed the Election Law.  That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations.  What they’ve done through the Election Law is it only pertains to their Parliament.  They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25.  Overall that’s going to work to satisfy the demonstrators to a small extent.  They’re calling this reforms.  In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change…

Delta – Dinar Guru    …IQD EXCHANGE RATE IN MARKET IS DROPPING LIKE BEFORE.   IT WAS…1218.  NOW 20 MINUTES AGO…1205-1207 IQD PER $  …GOOD JOB CBI… [Where is this info Delta?  I can’t find it.]  FROM IRAQI MARKET…YOU WILL SEE IT PROBABLY LATER TODAY.

Mountain Goat – Dinar Guru   …As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?…

MilitiaMan – Dinar Guru    The MR’s have to get done…And now that appears to be the case they will…don’t let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light… They cannot afford to lose control of the  internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]

MilitiaMan – Dinar Gurur  The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power…imo.  The timing of it is no coincidence imo…The CBI probably told the Finance Minister and Mahdi to get the lead out…they all know that this should have been done a along time ago…and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2]

Dinar Investor – Jeff   …They’re putting the last piece of the puzzle together which is that 2020 budget.  Now who’s in charge?  The person in charge is going to have an agenda.  And how does this benefit them?  …who poured trillions of dollars into Iraq?  Who shed blood for Iraq?  …Donald Trump must be in charge.  What’s his agenda?  How does he gain from this?  Well he is rerunning for president.  What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…

MilitiaMan – Dinar Guru   Article:  “Parliamentary Economic: The 2020 budget includes unprecedented reform clauses”   I like the way they translate things… lol… The incomplete budget law for 2020 until now...In other words it is now complete. I’ll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL…My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today… Many things lining up and even in some areas cooling off…IMO.

Delta – Dinar Guru …LET ME EXPLAIN…THERE ARE SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION.  BUT AS FAR AS REFORM THAT DEALS WITH MONETARY POLICY… THIS WILL NOT TAKE THAT LONG…IMO…MR IS READY TO GO…

MilitiaMan – Dinar Guru   Reforms are slated to be addressed as early as tomorrow… I’ll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they’ll need reforms in the bag by then for those attending on the 11th…We shall see.  IMO.   [post 2 of 2]

MilitiaMan – Dinar Guru   I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line.  …Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL…  [post 1 of 2]

Delta – Dinar Guru  …ALAQ AND FINANCIAL MINISTER WITH MAHDI…IMO…GATE IS ABOUT TO OPEN…

Kaperoni – Dinar Guru   Latest CBI reporting on the Market Rate is 1218.  This is as of Nov 6.  No new updates yet.  This number is out of compliance.  Unofficial media today reports the spread as back in compliance.  Keep an eye on the reported Market Rate as reported by the CBI…