Dinar Observer Daily

Mountain Goat – Dinar Guru   What will happen to the three zero notes?  To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background for financial institutions for larger cash transactions for international transactions,  such as trade deals. 250, 500, 1000, 5,000, 10,000, 20,000, 25,000, 50,000…  [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru  Note the 20,000 note has been added since this note does not yet exist in circulation in Iraq.  They now plan to launch that 20,000 note in 2025-2026 at the same time as they conduct the removing the zeros and launching the lower categories.  So, this is all we now know about this note. Don’t be scared about it. It is not going to affect the removing of the zeros…  [Post 2 of 2]

Clare – Dinar Guru  Article quote:  “…foreign reserves at their current level are sufficient to cover 18 months of imports. In addition, there is a gold reserve of 167 tons, ranking fourth in the Arab world and thirtieth globally according to the World Gold Council. This constitutes an important part of Iraq’s foreign reserves, recording a significant growth rate of 55% up to the first half of 2025, reaching a value of 22.8 trillion dinars compared to 14.7 trillion dinars in the second half of 2024. The safe investments of these reserves have contributed significantly to the growth of investment portfolios, accompanied by a healthy growth in returns to these portfolios.”

Nader – Dinar Guru  Sudani never promised before…   All what he come out, he said the dinar is stronger than the dollar.  All what he said.  But he never make the promise.  He said it will be stronger but he never gave a date, or before ‘this’ or before ‘that’.  No. 

Sandy Ingram – Dinar Guru  Five entities that could be accused of holding up the IQD revalue.  You decide who’s to blame.  1.  The United States because they keep insisting Iraq stop holding hands with Iran… 2. The IMF because Iraq has not yet checked all the boxes for economic stability outside of the oil industry.  3.  The CBI because the banking system has not yet fulfilled its obligation to bring the banking system into compliance with the international banking standards.  4.  The Iraq government because…they earn in US dollars but they spend in Iraqi dinar.  5.  The Iraqi people…because they refuse to put their banknotes or their currency into the bank. No central bank in the world can revalue a currency or control the flow of currency when they do not have access to the currency.  Two of these actors are more serious…the other three could be considered a work in progress.

Militia Man – Dinar Guru   Alaq…is talking final implementation.   There’s no more planning.  There’s no more trials.  It’s on.  It’s ready to go.  When he says, ‘within 5 years or sooner,’ that means anytime now…I think it’s their call now…’We’ll show you anytime we choose.’ …What I get from it is it’s not in the US Treasury’s hands anymore.  It’s not in the Bank of International Settlements hands anymore.  It’s not in the IMF’s hands anymore.  Why?  Because they probably gave them grace to do it.  Now it’s in their choice.  You’re ready.  You’ve proven you’re ready.  When it’s best for you, show it… Effectively it’s Iraq’s call now. [See Guru Militia Man’s “5-years” 11-1-2025 post below]

Clare – Dinar Guru  Article:  “Central Bank: Banking sector reform in Iraq has entered advanced stages”  Quote:  “The Central Bank is now working intensively on two plans: the first to reform the government banking sector, and the second to reform private banks, in cooperation with an international company…A meeting was held with all banks, and we explained that this plan is not an option, but rather a path linked to local and international legal, regulatory, financial and digital requirements that cannot be ignored, and there is a strong determination to implement it.“

Mountain Goat – Dinar Guru  …there is not a lot of meaningful news…to report on the removing of the zeros.  Everything seems to be waiting mostly to see the outcome of the Iraqi elections. Who will be the next prime minister, his key cabinet members, speaker and president. 

Pimpy – Dinar Guru   If you bought your Iraqi dinar and it’s been less than a year, those are short-term gains.  If you had it longer than a year, then you have what’s called long-term gains and you pay taxes according to the long-term gains.  There’s no special thing you do…You have to file taxes.  I don’t care what those people tell you out there…They haven’t done any research. [Dinar Guru Note:  Some gurus think capital gains others feel the dinar will be taxed as ordinary income, other feel you decide how you claim.  At the appropriate time consult your tax professionals to determine the correct tax for your unique circumstances.  In the end the only opinion that matters is the IRS’s.]

Militia Man – Dinar Guru  Article quote: “Alaq indicated in his speech that within 5 years or sooner we will witness a different banking sector in Iraq.”  Why in the world would he say 5 years or sooner?  He leaves it open… anytime now he can do that.  Alaq is stating we’re doing this…no hype, no fanfare…Five years or sooner is leaving the door open for immediate action that can come at any time now…To me that wording is just a deflection at it’s finest.  That kind of language is to be expected.  He’s the central bank governor.  He cannot come out and tell you when he’s going to do something.  It doesn’t work that way…They can’t front-run and wouldn’t have a job if they did.

Samson – Dinar Guru   Article:  “CENTRAL BANK : BANKING SECTOR REFORM IN IRAQ HAS ENTERED ADVANCED STAGES“

Mountain Goat – Dinar Guru   …we know from past articles taken from information in Al-Alaq’s investment seminars, going back years ago, that he constantly boast about this same era as the ‘golden age’ for Iraq…Al-Alaq is now in partners with Al-Sudani bringing back this same era of greatness to Iraq. Both have talked openly about the dinar being greater than the dollar soon…could this be about the rate they are striving for $4.86?.  But they will need to makes changes to Iraq so the rate can be supported and not only supported when it comes out, but sustained in the long term…so for the past three (3) years have we not witnessed all these changes?  Is this why we have been waiting so long for the RV?

Nader – Dinar Guru  I can tell you the…200s..50s…20s…10s…5s…1s…1/2s are out.  When I say out, they’re printed.  We have pictures of them now…It’s there…a lot of countries didn’t like it…I don’t want to show you for some reasons, not against you.  They’re not on the street yet but they’re piled up together…I’m going to show you one picture…an old one and a new one next to each other…new 200s on left and thousands on the right [Maybe the 10,000 note?]…I have no idea if they’re going to publish anything or not… 

Mountain Goat – Dinar Guru    In…Iraq, the television news…has released an educational presentation that was played…on October 26th and keeps playing… This newest news shows the older historical dinar notes and coins as they too were lower denominations. But the key for us investors is why are they showing this and what’s it all about?  What I am told this latest video is doing is making a case that the CBI is bringing back these lower denominations and that we may also very well see many of these features of the notes from the past 1930’s – 1940’s on the newer lower denomination. Why these images? This was the ‘golden age’ for Iraq, get it now? That’s the point of this recent news. There is an historical presentation full of Iraq pride in their prior currency. But what was the rate back in the 1930’s and 1940’s?  ...throughout the 1930’s & 1940’s the dinar was $4.86.  WOW!

Samson – Dinar Guru  Article:   “AL-KARAWI : WTO MEMBERSHIP WILL GRANT IRAQ BROAD ECONOMIC AND TRADE PRIVILEGES“

Clare – Dinar Guru  Article:  “Trade: Iraq seeks to open up to the global economy by joining the WTO”  Quote:  “The Ministry of Trade, under the direct guidance of the Prime Minister, is proceeding to complete all technical and legal requirements in cooperation with relevant ministries and agencies, with the goal of achieving Iraq’s full membership in the World Trade Organization in the coming period, which will contribute to enhancing the competitiveness of the national economy and attracting foreign investment.”

Jeff – Dinar Guru   Iraq has very little/low inflation. It’s extremely low…If they have little to no inflation, they’re going to strengthen the currency and phase out the zeros…

Nader – Dinar Guru   I was worried about the exchange rate but I talked to a friend yesterday and he assured me…in United States or any other country outside Iraq the banks and the exchange and all that they don’t care about what Iraq is doing inside Iraq...Nothing will change before the election…

Militia Man – Dinar Guru   Removing three zeros from the currency doesn’t make any sense to me…They’re not going to take off three zeros off the currency.  But what they’ll do is they’ll take three zeros from the exchange rate. 

Samson – Dinar Guru  Article: “Central Bank: Iraq’s public debt-to-GDP ratio is lower than that of the United States, Japan, and Egypt“

Mountain Goat – Dinar Guru   Article quote: “Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.”  … He is then saying by removing the zeros (thus revaluing the dinar) will resolve this issue in the coming period…they only have a few more months until January 2026 and need to conduct the removing the zeros prior to any reinstatement… We know the Project to Delete the Zeros MUST be done prior to the reinstatement …Remember Iraq is hardly ever on time and so we may go inpart into January. Don’t expect the reinstatement right on January 1st.

Clare – Dinar Guru  Article:  “Iraq completes most of its accession files to the World Trade Organization”  Quote:  “the Ministry of Trade, Haider Nouri Al-Karawi, confirmed on Sunday that Iraq has completed the vast majority of its World Trade Organization accession files and is close to completing the remaining files after nearly twenty years of efforts.  He pointed out that membership will grant the country extensive economic and trade privileges, contribute to reducing customs duties, and attract  international companies to invest in the Iraqi market.“

Militia Man – Dinar Guru   Re-denomination, there’s no real value change.  There’s none.  But what you have to take into consideration is Iraq is not at a Real Effective Exchange Rate.  We all know Iraq is at 1310 to $1.00.  Obviously if you were to LOP, which a lot of people think is what they’re talking about, that’s not what they’re talking about, they’re talking about the exchange rate because they have to create value.

Nader – Dinar Guru   They don’t want the Iraqis to keep their dinars at home.  So what they saying?  They saying, ‘Oh, the money is overstated.  Don’t wait for revaluation.’  They don’t want them to have the dinar. So they’re saying, ‘Bring your dinar now cuz it’s not worth anything.  Put in bank.‘  …Ever heard the saying that says, ‘Sometimes bad publicity, it’s good publicity.’? That’s what they’re doing.  They doing bad publicity because they know it’s a good publicity.

Kaperoni – Dinar Guru  Article: “Al-Sudani issues directives to financial and banking institutions”   We’ve been waiting for years to hear this from the Iraqi Prime Minister..  Quote: “the government is proceeding with reforming the financial and banking system and transforming it from a single-source rentier economy to a diversified and sustainable economy.“

Clare – Dinar Guru  Article: “The ‘largest bloc’ no longer matters: The Trump administration sets post-election rules”  Quote:  “In the final days leading up to the Iraqi elections, scheduled to take place in 15 days, Tehran is attempting to retest the loyalty of its allies within the country, amid indications that the upcoming elections may produce a different political equation, one that favors a shift away from Iranian influence… Political circles describe what is currently happening as a ‘political rush’ toward Washington by most parties, including wings within the Coordination Framework…Independent politician  Mithal Al-Alusi says that everyone is sending messages to America that they are the only ones capable of controlling the situation in the next phase after the elections.“

Militia Man – Dinar Guru    Are they going to tell us everything?   Not a chance.  Are they going to tell you when it revalues or what the exchange rate specifically is going to be?  No.  But they definitely give you indicators.  And if you’re savvy enough to be able to follow along…I think you’ll get the big picture. 

Mountain Goat – Dinar Guru  Article:  “NO OBSTACLES IN WAY OF WITHDRAWING OIL REVENUES FROM US BANKS” …the interesting part about the article is it finishes with talk of removing the zeros…if we take what they just said to us in these recent articles about deleting the zeros it appears to me, and was confirmed to me on Wednesday by my CBI contact that the CBI is going to fund the 2026 budget with the reinstatement and new rate.

Militia Man – Dinar Guru  Article:  “120 billion in cash deposited into the Unified account”  They’re telling you now that they did it.  They moved cash, 120 billion dinars in cash, going to the unified system.  In my view that’s a component of taking cash out of the system.  Why?  Because they’re going to a cash less society.  The less cash they have, the note count reduces.  It helps support the real effective exchange rate.

 Samson – Dinar Guru  Article:  “TRUMP’S ENVOY TO BAGHDAD : I WANT TO MAKE IRAQ GREAT AGAIN“