Dinar Observer Daily

Militia Man – Dinar Guru To me the CBI has completed the first evaluation phase of its comprehensive banking reform strategy.  It now moving into the second phase with international partners like Oliver Wyman to bring banks up to global standards for full integration.  I can’t reiterate this enough, this didn’t just start yesterday.  They’ve been working on this for a long time…They won’t come out and talk openly about a dinar revaluation…If you think that you’re getting misguided…

Jeff – Dinar Guru   You can’t just analyze it as a rate change.  You have to look at it at the scale of the rate change.  This is going to be around 3000% to 4000% [increase].  They’re going to want all world markets closed at the time when they change the rate.  That’s exactly how they did Kuwait’s… Sunday morning.  Why?  Because all world markets were closed.  So they didn’t have a ripple effect…

Stephen – Dinar Guru  Even though I personally feel that there is a 100% chance the Iraqi dinar is going to revalue in  the near future…there are still moments of doubt.  Some days I’m like man, am I waiting on something that is never going to  happen?  …Am I going to be here in 2030 or 2035 or 2040 still hoping and wishing and praying this is going to happen?  I think that’s normal.  If you’re in this investment you have to give yourself some grace and say it’s okay to have those thoughts from  time to time...There’s always a bit of doubt…always fear…especially when you’re in a long-term investment like this…

Jeff – Dinar Guru  Question “What is stopping this from being a lop?”  The only reason there would be a lop is if Iraq had horrible inflation.  They don’t.  Iraq’s inflation is around 2% to 3%.  

Militia Man – Dinar Guru  I know there’s a lot of talk about Alaq being demoted or taken out of the central bank.  Not one person has sent me any information that supports that to be credible.  To me it’s probably agenda driven and slanted.  Be very careful on how you read things.

Samson – Dinar Guru  Article: “IMF: IRAQ RANKS FIFTH AS THE LARGEST ERA OF ECONOMY IN 2026″

Sandy Ingram – Dinar Guru   We were very very wrong to compare the Iraqi dinar to Kuwaiti dinar…This is one of the biggest misunderstanding in the IQD community.  The Iraqi dinar situation is completely different from what happened to Kuwait…When Iraq invited Kuwait in 1990, Kuwait already had a strong currency that was traded internationally…The Kuwaiti dinar already had real value…Kuwait’s currency value dropped because the country itself was under military occupation.  But once Kuwait was liberated, its government and banking systems returned.  The currency simply went back to its previous internationally recognized value.  That is why Kuwait’s situation situation is often called a reinstatement rather than a brand-new revaluation.   [Post 1 of 2….stay tuned]

Sandy Ingram – Dinar Guru   The Iraqi dinar is different and this is where we made the mistake…The modern Iraqi dinar that we hold today was created after the 2003 war.  Iraq printed an entirely new currency system after Saddam Hussein was removed. Since then the IQD has operated mostly as a controlled domestic currency, only inside of Iraq…The IQD has never been freely traded on the Forex market…The Kuwaiti dinar was already functioning in that international arena system before Iraq attacked them...The world only knows the IQD value to be that of what the CBI has placed on it…The Kuwaiti dinar is one of the major currencies in the world.  The IQD is an exotic currency that is not freely traded on the Forex market …The Kuwaiti dinar and the IQD, that’s apples to oranges.  [Post 2 of 2]

Jeff – Dinar Guru   The whole reason the central bank has not allowed Iraq to revalue is simply because of the political corruption.  The political corruption has been the delay of the rate change this entire time.  The #1 delay.  That’s the reason…That’s why the banking reforms are coming forward after the rate changes...They have 150+ laws. The HCL is one of the 150.  The new 2026 budget is one of the 150 laws.  All of these 150+ laws are coming forward after the rate changes…

Clare – Dinar Guru  Article:  “Sources: US Federal Reserve adds 5 Iraqi banks to dollar restrictions” Quote: “Experts believe that expanding restrictions on banks may directly affect the parallel market and exchange rates, especially with the high local demand for the dollar and the Iraqi market’s heavy reliance on foreign transfers and imports.”

Stephen – Dinar Guru  They’re being as transparent as I’ve ever seen before.  Iraq has never been a truthful country.  They have always lied about what they’re doing.  You know, one week the USA is saying we’re withholding dollars from them.  Iraq says, no, that’s not true.  And then the following day it comes out, oh, it’s true…But now the USA is directly involved.  The Trump administration is directly involved and controlling what they do.  It’s nothing short of exciting.  If you’re a dinar investor then I’m hoping You are excited too.

Jeff – Dinar Guru  Everything took off like a wildfire since they finished the government formation and since Saturday when the new government came into position and started their first day.  All this critical stuff that’s been long awaited and outstanding is coming forward…   Economic stability becomes a key topic right when the new prime minister comes in and starts [last] Saturday…

Mountain Goat – Dinar Guru  Article:  “ZAIN IRAQ, IN PARTNERSHIP WITH NEXT GENERATION COMPANY, LAUNCHES THE “ZAIN MART” PLATFORM TO PROVIDE AN INTEGRATED E-COMMERCE SHOPPING EXPERIENCE AND ENHANCE THE DIGITAL ECONOMY IN IRAQ”  This Zain is yet another indication that Iraq is moving ahead with the digital currency…They do not plan to roll it out until they are ready to complete the redenomination to the newer lower denominations. Remember also that they still intend to have cash too. Its going to be slow rollout.

Militia Man – Dinar Guru  Iraq has about $16 Trillion worth of raw materials...Silica, phosphate, sulfur, liquid natural gas, oil, gold…rare earths…as well as…tourism…trains, trucking…

Samson – Dinar Guru  Article:  “GOVERNMENT ADVISOR : IRAQ’S NATURAL RESOURCES ARE ESTIMATED AT $16 TRILLION“

Jeff – Dinar Guru    The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political corruption.  The central bank is noticing that but they have to work together and do this together as a team to make it happen correctly, ethically, fairly, transparency, all that…That’s what we’re witnessing.

Stephen – Dinar Guru  We could wake up tomorrow morning and the Iraqi dinar revaluation could have happened…Me being super conservative with my estimations and predictions I still am looking for a few big things to happen before the Iraqi dinar is officially revalued.  I don’t think we’re there yet.  I would love to be wrong.  I would love to wake up tomorrow morning and say, I got it wrong and I have never been happier.  But I think we’re just a little bit off of that happening…

Sandy Ingram – Dinar Guru  Zaidi…is Iraq’s youngest prime minister.  He is also an attorney, well-educated, handsome, wealthy and intelligent.  But he has two major problems.  1.  He is supported by the United States.  2.  He is tasked with taking guns away from people who want to keep them.

Clare – Dinar Guru   Article:  “In numbers… Iraq continues to bleed its foreign currency reserves amid declining oil revenues”   Quote: “According to the Central Bank’s newly released official financial indicators…the bank’s net foreign assets continued their downward trend, decreasing from 125 trillion and 614 billion dinars on April 23 to 123 trillion and 269 billion dinars (about $93.3 billion) by the end of the same month.”

Militia Man – Dinar Guru Look at all the countries that have completely broadcasted the support for this new prime minister.  Why?  Because it’s a clean government…Now you see these convergences over the last week have been amazing…This is a powerful window…We’re seeing the pieces of the puzzle come together…

Samson – Dinar Guru   Article:   “MR. AL-SADR CONGRATULATES  THE PRIME MINISTER ON FORMING THE GOVERNMENT AND URGES HIM TO PRESERVE THE COUNTRY’S SOVEREIGNTY“

Jeff – Dinar Guru   This new prime minister is a lot more aggressive than his predecessors…Can the new prime minister move an inch without changing the rate at this point?  Where does the rate change fit in with their next steps? …The new government cannot go another inch forward now until the rate changes…The first day in office the prime minister went straight to the economy…financial matters…reforms, everything that requires the rate to change…The rate change has got to be the next move for him to do everything they’re talking about…

Stephen – Dinar Guru  Having been invested in the Iraqi dinar since 2011 and having watched all of these years come and go, hopeful that it was going to eventually happen, but not really knowing when and seeing this much movement and this much happen all in a very very short amount of time it just tells us everything we need to know.  It is extremely, extremely exciting.

Mountain Goat – Dinar Guru   …the CBI keeps moving ahead with banking reforms. I am not even following them too closely any longer as these reforms, as I am told by my CBI contact, are all part of the White Paper and the White Paper is as done as they need it to reinstate the dinar and go international.

Samson – Dinar Guru  Article:  “MAHMOUD OTHMAN : AL-ZAIDI WILL VISIT AMERICA AND IRAN … AND HIS ECONOMIC EXPERTISE IS NEEDED AT THIS STAGE“

Clare – Dinar Guru  Article: “Exclusive: US warning: Iraq has only five months’ worth of ‘financial buffers’ to avoid “the mother of all crises” Quote: “In remarks made during economic discussions at the Iraq Dialogue Day at the Atlantic Council in Washington

Stephen – Dinar Guru  We’re a very small group of people but I believe in the near future we are going to be one of the most powerful groups of people…

Sandy Ingram – Dinar Guru  Iraq’s parliament has approved the new government led by the prime minister al-Zaidi.  But political divisions prevented lawmakers from reaching an agreement on several cabinet positions.  Only 14 ministerial nominations out of 23 posts were approved on Thursday and they’re still fighting/”negotiating” over who will hold the other positions...

Pimpy – Dinar Guru  What is going on in Iran is huge for Iraq.  The oil prices going up hurts us here locally, but it benefits Iraq. Remember  I told you they had to have a barrel price to around $70 per barrel.  It’s way above that.

Jeff – Dinar Guru   As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar.  IMO when Iraq revalues the US Treasury will remove Iraq from the OFAC sanctions list at the same time.