Militia Man

Militia Man – Dinar Guru  …Progress is happening.  They don’t have to tell us everything…That’s not their job.  They can’t just say, ‘We’re going to revalue the currency tomorrow at $4 or $2 or $1 because it’s like insider trading…That’s not going to happen but what they are doing is they are giving you data to some extreme especially since al-Sudani has taken office.

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Sandy Ingram

Sandy Ingram – Dinar Guru  The Iraqi dinar faces several potential scenarios for its value in 2025…One possibility is a gradual appreciation in value…The country’s vast oil reserves are its economic backbone.  If global oil prices remain high and Iraq increases production, the influx of foreign currency could strengthen the dinar.  Additionally… diversifying the economy and reducing corruption could boost investor confidence and attract foreign investment further supporting the currency’s value.  On the other hand the dinar could remain stagnant or face depreciation… If global oil prices drop significantly, Iraq’s reliance on oil revenues could strain its budget and weaken the dinar. Inflation or issues in managing monetary policy might also negatively impact its value.  [Post 1 of 2]

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Sandy Ingram

Sandy Ingram – Dinar Guru  Another scenario is a potential revaluation or redenomination of the currency.  This could occur if Iraq’s government and Central Bank aim to simplify transactions and improve the currency’s global perception.  Such moves often depend on strong economic fundamentals and international support.  Ultimately the future value of Iraq’s currency will hinge on a combination of political stability, economic reforms, global oil markets and the country’s ability to manage these factors effectively.  For now the dinar’s prospects remain uncertain with opportunities for growth balanced by significant risks…For now the dinar remains a speculative currency… [Post 2 of 2]

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Jeff

Jeff – Dinar Guru  The critical part is we want to see them advance to the [budget] schedules but the rate has to change before the schedules can be approved…The schedules are the line items in the budget that are calculated off of the new currency value.

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Kaperoni

Kaperoni – Dinar Guru    X Tweet – Iraqi Embassy in Washington  “The U.S.-#Iraqi relationship is strengthened by deeper economic ties. #Iraq 🇮🇶 welcomes U.S. investment in all sectors under a business-friendly @realDonaldTrump administration.

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Militia Man

Militia Man – Dinar Guru  Article: “The Kuwaiti dinar currently is the strongest currency in the world… 31 Kuwaiti dinars for every US dollar.”  If you do the math it turns out to be about $3.22… Quote “It’s worth noting Kuwait has about 7% of the world’s oil reserves which greatly supports the value of the currency…According to 2023 data Iraq has significantly more oil reserves than Kuwait with Iraq holding approximately 145 billion barrels of oil compared to Kuwait’s 101.5 billion…”  Iraq has 43% more oil than Kuwait. [Kuwait’s] currency is strongest in the world…Iraq has the ability to be at least 43% more valuable based off oil, let alone their non-oil revenues…Pretty exciting times!

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Militia Man

Militia Man – Dinar Guru  Iraq’s got 43% more oil than Kuwait.  What [Kuwait] doesn’t have is non-oil revenues.  It’s very powerful.  It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region.

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Sandy Ingram

Sandy Ingram – Dinar Guru   Article:  “Iraq’s gold reserves significantly increased”  [Iraq’s] gold reserves grew by 57% in 3rd quarter of 2024.  The value of Iraq gold reserves rose from 10.7 trillion Iraqi dinars, which is $8.1 billion USD, in 2023 to 16.8 trillion dinar or $10.6 billion USD in [2024].  According to the World Gold Council, Iraq now holds 152.6 tons of gold raking as the 29 largest gold holding country globally and 3rd in the Arab world after Lebanon and Saudi Arabia.

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Militia Man

Militia Man – Dinar Guru   Article:   “Iraq launches new banknotes with innovative security signs for the visually impaired”  It seems like it’s new currency.  I don’t have any currencies…that you can feel bumps… Quote: “The public will have enough time to adapt to these new bank notes…The Central Bank confirmed the new bank notes will be traded along with the old ones and there will be no intention to withdraw old bank notes from circulation.”  Remember, they’ve already withdrawn a lot of notes out of the system…They were actually destroying…perfectly good money… [Post 1 of 2…stay tuned]

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Militia Man

Militia Man – Dinar Guru  Quote: “The Central bank of Iraq reviewed the excellence enjoyed by Iraqi bank notes as they are one of the most complex security marks and were manufactured from the best types of paper used in printing bank notes to ensure quality and safety.”  They show older currency of course but they’re not going to share with you the new currency because of counterfeitingYou ask yourself, well, they’re going to be reproducing new 25k notes for 1310 as an exchange rate to the US dollar?  Why are you doing that now?  You already have many security features, the 25k note is full of them…Do they really mean new notes?  I think they do.  [Post 2 of 2]

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Clare

Clare – Dinar Guru  Article:  “Iraq issues new banknotes with innovative security features for the visually impaired”  Quote:  “The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.

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Mountain Goat

 Mountain Goat – Dinar Guru  …economic expert Nabil Jabbar Al-Tamimi is saying they are ready for FOREX after implementing all these banking and financial reforms. The White Paper reforms have been successful. It is time to move to the next stage which is……?  Well folks financial and banking researcher Mustafa Hantoush just pointed out to us what the next stage should be. Yes, I mean FOREX!  I do not see the Trump era administration not seeing the necessity for going to FOREX with all the progress of the reforms to move to the next stage. I am sure the US Treasury will agree. I am told by [my] CBI contact…that they…are giving Iraq a “thumbs up” to move ahead.

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Harlequin3

Harlequin3 – Dinar Guru …On Jan 1, the auctions stopped and became foreign reinforcements…The CBI is NOT selling money to the banks anymore – the banks MUST go get their money from OTHER banks outside the country (currency swaps, which is the essence of ForEx.)…All the CBI is doing is watching this now, making sure it’s legit…Eventually, the dinar will float in this basket, and ForEx will look like a heartbeat. But all that goes to say the auctions HAVE stopped. What you are seeing is “foreign currency reinforcements” not an auction — the CBI has NOTHING to do with this moneyit’s between the two correspondent banks, and CBI is only auditing the transactionWithout the auctions — there is NOTHING manipulating and propping up the 1320 rate – so…what are they going to do? Raise the value…

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Militia Man

Militia Man – Dinar Guru  To be a global economic powers [Iraq’s] exchange rate will need to be far different than 1310.  It’s just the way it’s going to be.  They haven’t done anything yet.  They’re hiding things when it comes to that.

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Jeff

Jeff – Dinar Guru   The currency auctions prior to the beginning of November were averaging around $250 million daily…Since November… they’ve remained elevated about $280 to $300 million daily…They’re emptying their coffers of the US dollar prepping to revalue.

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Samson

Samson – Dinar Guru  Article: “Between the American hammer and the Iranian anvil: Iraq reshapes its future  Quote:  With conflicting reports about Iraqi Prime Minister Mohammed Shia al-Sudani’s visit to Iran…”

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Clare

Clare – Dinar Guru   Article:   “Al-Sudani receives a “special” message from Trump: Syria, Iran and the factions”  Quote:   “The source told Shafaq News Agency that Al-Sudani received a message from Donald Trump through a special envoy on an unannounced visit, which included several axes.  The source pointed out that the most prominent axes are the necessity of containing and controlling weapons outside the framework of the state, stopping the activity of factions linked to Iran…Meanwhile, a government source…Iraq is working diligently to establish security in the region, and that the Prime Minister will present Iraq’s vision in this regard during a visit to Iran.

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Militia Man

Militia Man – Dinar Guru   Article:   “Monetary stabilization mechanism will maintain financial stability in the country”  What is that going to be It’s the reinforcement mechanism, it’s the new one.  It’s not the old dollar auction.  They’re still going to use the dollar and many different foreign currencies.  Realize, when Iraq turns their currency on to go international, Iraq is going to be a foreign currency that will be traded on international markets.  So when they talk about “foreign currencies” think about Iraq being one of them.  So when they talk about a “basket of currencies”, Iraq is going to be one of them within it.

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Jeff

Jeff – Dinar Guru  A fair amount of people think the auctions have ended.  This article right here will crush and destroy that theory.  Article: “The central bank sells more than a billion dollars in just 4 days”  This article is very clear.  The only changes that have occurred regarding the auctions is they’re no longer having or holding cash withdrawal inside the country of Iraq.  They’re still auctioning off currency abroad to overseas banks and they may have transitioned to a new financial system.  Regardless, the important step in this is that the banking reforms are now getting implemented.  That’s a critical step to this.

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Mountain Goat

Mountain Goat – Dinar Guru   Article:  “WITH THE BEGINNING OF THE NEW YEAR, THE US DOLLAR ENTERS A NEW PHASE IN IRAQ
WOW!  This…says it all. Yes, Iraq has now moved to “normal” ways of doing business with the outside worldIraq had stayed on the currency auctions with the CBI supplying the dollars way too long (20 years)…This was never Dr. Shabibi’s plan but they were forced to do to the newer Obama plan of paying off the war reparations first than moving ahead with the currency reforms, which we have now witnessed aggressive movements in this direction since the beginning of 2023.

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Samson

Samson – Dinar Guru  Article  “Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq”

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Militia Man

Militia Man – Dinar Guru  They say today the exchange rate is 1320 dinar for every dollar.  That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They’re preparing for that to happen before our eyes with the [new] reinforcement mechanism…They have switched from the old dollar auction system

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Clare

Clare – Dinar Guru  Article:  “Iraq surpasses Saudi Arabia in oil exports to America”  Quote:   “The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week.

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Samson

Samson – Dinar Guru  Article:  “Central Bank: Work on the electronic platform has stopped

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Jeff

Jeff – Dinar Guru  One of the things the central bank is stating they’re going to do is…end that old electronic transfer system that exclusively works with the dollar and transition to a different type of banking system where the local Iraqi banks can start…doing their own sending of foreign currencies and no longer just the dollar, multiple different foreign currencies abroad.  It’s called Direct Banking…But to do that the US sanctions need to be lifted off of Iraq.  That’s why this whole time they’ve only been able to exclusively work with the US dollar.

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Militia Man

Militia Man – Dinar Guru  There’s a difference between the dollar auctions and the reinforcement mechanism that they use today.  Militia Man and crew have been quite clear that there’s going to be a change – The dollar auctions are going to stop and there’s something different.  [We] have been spot on about the fact that the dollar auctions are going to go away and they have…

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Militia Man

Militia Man – Dinar Guru  Article quote:  “After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others.”  Iraq is not going to be be in debt to others but they’ll be one that can credit to others.  Iraq’s going to have a lot of money.  Non-oil…oil…tourism revenues…are all in play.

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Mountain Goat

Mountain Goat – Dinar Guru  Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctionsYes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! …I see this process moving ahead now very nicely. 

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Militia Man

Militia Man – Dinar Guru  Article quote: “Tomorrow the opening of the electronic passport system in American cities of Los Angeles and Detroit...”  What’s that mean?  We have some big populations of Iraqis in those communities …On the 16th they’re going to allow you to get a passport electronically.  There’s going to be a lot of Iraqis that have Iraqi dinar just like we do.  When that purchasing power comes…they’re going to have purchasing power.  That’s why Sudani and other have been hoping they could repatriate those people…to help that money they have come back home and invest…The electronic passport system…in coordination with the Ministry of Foreign Affairs is a big deal…Is there any coincidences?  I don’t think so.  There are no coincidences.

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Clare

Clare – Dinar Guru  Article:   “Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit”  Quote: “The Directorate of Civil Status, Passports and Residence would like to inform citizens regarding the campaign to open the electronic passport system outside the country to be available to Iraqis residing abroad.

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