Frank26 – Dinar Guru   …the Symposium, that was being held by Mousawi, one of the well trusted economists in Iraq….at a University where there were hundreds of students…they were talking about the Iraqi Currency. When the Symposium was complete…they opened it up to Questions and Answers.  It wasn’t for the Media. …There were hundreds of students. Plus, my friend [Guru] Walkingstick’s firm. The Members of his Firm that own banks…all those people that represent the ownership of the banks with my friend’s company, with their firm in Iraq. When it came time for my friend Walkingstick’s firm to ask questions…They only wanted one question answered. When? When, are you going to release the Small Category Notes with the Fils, that you told us about?  [post 1 of 3….stay tuned]

Delta – Dinar Guru   Article:    “Indicators of improvement and realistic stability Mohammed Hassan Al Mousawi”   Quote:  “Financial indicator: The deletion of zeros from the Iraqi currency evidence of the strength of the Iraqi dinar exchange and return to the predecessor of his reign.”   [This ENTIRE  article is telling us ALL the accomplishments that Iraq HAS ACHIEVED!! IMO…all past tense!]

Indicators of improvement and realistic stability

By: Mohamed Hassan Moussawi.

Security Index:

– The opening of the Green Zone in the face of citizens and the abolition of security squares and lifting the bottlenecks and the disappearance of checkpoints and the end of assassinations is evidence of the improvement of the security situation.
– The disappearance of armed manifestations from the streets and the confiscation of arms by the state is only evidence of the rule of law…

…Investment Index:

The rush of countries and international companies to work in Iraq and investment in it is evidence of the development of the economic environment and security and economic stability.

Financial indicator:

The deletion of zeros from the Iraqi currency evidence of the strength of the Iraqi dinar exchange and return to the predecessor of his reign…

…Election on the basis of political programs:

– The disappearance of the phenomenon of party idolatry and the sanctification of political symbols is evidence of the improvement of political awareness of ordinary citizens.

These and others represent the indicators of development, improvement and stability in the public life and the state facilities that citizens are supposed to touch in reality and daily life. Without this, talk of improvement and stability will remain slogans for political consumption…

Source

Mnt Goat – Dinar Guru   We heard that on Wednesday 10/24 the designate prime minster is supposed to announce candidates (as least half of his new cabinet) to meet the constitution deadline. But wait a second…the constitution says entire government not half of it. But this is a game each prime minister plays. They submit an entire list of nominees then they expect some to be rejected. They then have another 30 days to re-select these remaining positions. This meets the deadline and everyone is happy. We are in the waiting mode again.

Currency365 – Dinar Guru  Iraq’s Oil Minister Jabbar al-Luiebi decreed on Thursday the transfer of the ownership of nine state-held oil companies from the oil ministry to the newly formed National Oil Company…(Preparing for Citizens monthly Oil Revenue)

Mnt Goat – Dinar Guru   Right now we are waiting for the new designate PM to form his government, which is his cabinet of ministers that run the government. We know the constitutional deadline is Oct 24th in which to do this. The new speaker just told us…that he fully expects to hold a vote to ratify the new cabinet within this timeframe. We know the USA refuses to sign off and give a full commitment to reinstate the dinar unless they see a stable new government. One of the conditions they have give is to form their new government.  Iraqi news reports that Prime Minister-Designate Madhi will present his cabinet choices on Saturday Oct 20th and Parliament will hold a special session on Sunday for voting.

Bloodloch – Dinar Guru    I noticed some suggestions going around here and there concerning the total of dinars In circulation (currency issued) going from about 150 trillion to 44 trillion dinars as a sign of the CBI’s seriousness about their plan to revitalize or reinvigorate their currency, and that got me to thinking. Cutting to the chase, the fact is that the CBI has never shown a currency issued figure anywhere near 150 trillion dinars. …The most recent value for Currency Issued per the CBI financial statements as of December 31, 2017, is indeed 44 trillion dinars, as seems to now be commonly known. …It’s important as a community that we rely on confirmable facts in our analyses. These corrected facts will bear fruit.

Mnt Goat – Dinar Guru   We all are aware that the dinar, as it stands today, is worth much more than the program rate now assigned by the CBI. But this higher rate must be realized by supply and demand for the currency. Just be reducing the amount of dinar in circulation down from about 150 trillion to 44 trillion dinars alone is showing us the CBI is serious about this plan.  It is only when the dinar is re-pegged to the SDR basket and then gets reinstated to the open market trading platforms once again, as it was in pre-war days, that the dinar can potentially go to a much more substantial rate. Many call this the “revaluation” or RV but technically an RV never really happens. It is a “reinstatement” that occurs that eventually gives the dinar back it former rate (glory days) plus more.

Phillyman – Dinar Guru   …Abdul-Mahdi is supposed to finally present at least half his cabinet next week but as I read in one article there still are issues.  Quote: “According to the sources, the debate is still large on the ministries of defense and interior and foreign affairs and finance and planning…”  But, the big article of today to me is the GE news…The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said.  Article quote:  “This is part of very strong campaign of engagement in Iraqi government formation and a very targeted effort to support the Iraqi government and minimize Iranian influence,”

Adam Montana – Dinar Guru   Iraq, with a very significant chunk of the black gold available to us on this planet, somehow slipped through the cracks and didn’t even have to raise a hand in agreement with this major agreement that was put in place by some tiny insignificant countries like Saudi Arabia, Kuwait, wait a minute… those are NOT tiny or insignificant! Quite the opposite, in fact – they are major players. Some of the OPEC members have substantially less resources than Iraq.  This is important to remember because to this very day, Iraq has not made any promises to abide by the current agreement. This gives them the full ability to stockpile reserves, and flood the market at a moment’s notice, which could bring in an enormous pile of cash to use in any way they want…You know, like… funding an RV.   [post 2 of 2]

The price of the dollar in Baghdad today

Baghdad: foreign currency markets in Baghdad, on Thursday morning, stabilized at the exchange rate of the US dollar against the Iraqi dinar.

The market price in the Baghdad Stock Exchange 1205 dinars to the dollar, or 120 thousand and 500 dinars per hundred dollars, the same price yesterday.

The prices of selling and buying dollars in banking companies were:

the selling price of one dollar 1210 dinars, or 121 thousand dinars for one hundred dollars.

The purchase price of the dollar is 1200 dinars, or 120 thousand dinars for one hundred dollars.

Prices of foreign, gold, oil , currency, {even the preparation of this news}:

Euro Global Price: 100 EUR = 114.83 USD
GBP Global Price: 100 pounds = 130.80 dollars
Turkish Lira Global Price: $ 100 = 562.47 Turkish Lira
price of an ounce of gold worldwide = 1219.90 dollar
price Brent crude oil = $ 80.15, the
price of a barrel of US crude oil = $ 69.84

Source: Alforatnews.com

Adam Montana – Dinar Guru   Article:  “OPEC Secretary General calls on oil producing countries to increase production”  …It was not too long ago that the “Oil and Petroleum Exporting Countries” came to an agreement (unanimous, if I recall correctly) to work together on regulating the production of oil, as a sort of “emergency” measure to keep the markets under control in some uncertain times. They all agreed to control their production. They made a big deal out of it.  Iraq’s position in this agreement is HUGE… mostly because they are barely even mentioned in all 39 of those pages!!!   [post 1 of 2….stay tuned]

Mnt Goat – Dinar Guru   THE PROJECT TO DELETE THE ZEROS IS IN MOTION…We are now seeing the very slow transition to the dependence on the smaller denominations as part of the plan. We know this is within the last steps of the plan. Soon they will launch out the next set of even yet smaller, smaller denominations…the initial removal of the 3 zeros will not impact the rate. …They are not reducing the value or increasing the value of the dinar within the “initial” stages of the plan to delete the zeros. …initially the rate in country will come out at about 1:1 for about 2-3 weeks prior to us seeing it on the global trading platforms. This gives the CBI time to monitor it and adjust for inflation. Then when it does finally come out on the exchanges, it will be adjusted to the new SDR basket and put on a float (as all currencies on the exchanges are on a float). There will probably be a fixed cap (a predetermined maximum rate).

Kaperoni – Dinar Guru   I assure you nothing is going to happen with the dinar until the government is formed and parliament passes the necessary delinquent laws. I also expect the IMF to meet with the CBI.   I have said on numerous occasions IMF Article VIII is critical to opening Iraq’s banking to the world’s Financial system. I don’t see that happening until after the IMF meets with the CBI to have their Article IV Consultation which has been postponed til the formation of the gov.

Walkingstick – Dinar Guru   A Sovereign Currency for a Sovereign Country…When a Governor puts a signature on currency it’s because preparing to leave and go International / Global markets…Table has turned… CBI saying we are getting it Done! So much in place …Very impressive…GOI tipped their hat by supporting Alak’s signature…GOI is saying currency is going international…IQD is going to change the face of the global market, because of a Basket!

Mnt Goat – Dinar Guru  CURRENT TARGET DATE BY THE CBI:   I want everyone to understand that I have always been telling you that they are now targeting to reinstate the Iraqi dinar by the end of October (of 2018) and if they don’t do it then they know that they could be in jeopardy of having to wait into EARLY 2019 due to possible instability that may be caused by the ramped up new Iranian sanctions. This part of the plan to delete the zeros is not something you just snap your fingers and its done.

Chattels – Dinar Guru   Article quote:  “The government is forming smoothly and we are confident that the government will be formed before the constitutional deadline expires,”   The constitutional deadline expires on November 2/3 depending upon the news that one reads.

BGG   Article:  “Commission likely to announce the final results of the parliamentary elections by this date”  Quote:  “The spokesman for the Electoral Commission for Elections and Referendum in the Kurdistan Region, Monday, announced the final results of the parliamentary elections in Kurdistan within 5 to 7 days.”  There is a reason they haven’t been very forthcoming with these results… we shall soon see why.

BGG ~ If anyone is trying imply I am referring in anyway to an RV – that is not at all my reference. My comment was directed towards the discord in and of reshaping of Kurdish internal politics.

Shia leader threatens to investigate former Iraqi prime minister for corruption

The Iraqi Shia cleric and prominent political leader Muqtada Al-Sadr has threatened to investigate former Prime Minister Nouri Al-Maliki for corruption, Arabi21.com reported yesterday.

Sadr’s Spokesman Sheikh Salah Al-Obeidi said the “thieves” would be held accountable, in addition to Al-Maliki’s men, “who brought back the thieves to Iraq and covered up their corruption”.

“The abundance of corruption crimes during the past years does not mean that crimes committed against the Iraqis would be abandoned,” he announced.

The spokesman concluded: “There is a lot to reveal in the coming days.”

These remarks came after a tweet posted by the head of the National Movement for Development and Reform party, Jamal Al-Karbouli, in which he called for the people who preach morals to teach themselves before teaching others.

The veiled comment was directed at Al-Sadr after he launched an appeal calling for people to ignore the sectarian partition of the government and allowing the designate prime minister to choose technocrats for his government.

Source: Arabi21.com

Mnt Goat – Dinar Guru   Article quote:  “…the Financial Advisor to the Prime Minister confirmed the appearance of Mohammed Salih on Sunday that the sovereign wealth fund (now 20 trillion dollars (not dinars) will be launched next year 2019 after the implementation of the law of the National Oil Company, noting that the fund will be used for development purposes directly.”  Talk about “financial stability”? WOW!

Breitling – Dinar Guru …But if anything ever comes up…I will say hey guys shut it down, get rid of your dinar at any rate you can because it’s not going to revalue. I promise you that…nothing has changed.  If the CBI has not put anything out then nothing has changed…unbelievable happy situation for us what Iraq wants to do…what Iran is plotting for Iraq to do.  That’s what they want.  All of a sudden it’s a big deal for Iraq to revalue because they can benefit from it. Why?  Because their country is being shut off from the world.  That’s a huge plus for us.  You should be excited.  I’m not kidding, you should be very very excited because it means something.  Now what’s the rate and what’s the date it’s going to come out?  I haven’t got a clue…  [Post 2 of 2]

Kaperoni‏ – Dinar Guru  Another article states…Iraq is going to have a great economic renaissance and investment from non-oil in the coming period. Let’s hope

Breitling – Dinar Guru  If I see there is no path at all.  I have no problem of telling you, ‘Hey guys this probably is not going to work out.’  I have absolutely no problem telling you all knock it off and get out.  I’m not emotionally, physically, anything,attached to this.  I’m speculating and I’m watching the numbers.  Now I happen to think it’s going to revalue and I have absolute confidence that it’s going to.  And you guys know why…  because I’m showing you the numbers.  I keep going over it over and over again.  Absolute confidence. [Post 1 of 2:  Stay tuned for the rest of the story]

Chattels – Dinar Guru  Eight days remaining for Mahdi to meet his targeted date of October 24 to form the next government.

Sadr’s spokesman reveals the opening of files, “Maliki’s corrupt system and the accounting of theft”

Shafaq News / Salah al-Obeidi, a spokesman for the leader of the Sadrist movement Moqtada al-Sadr, on Monday, the files in the “corrupt Maliki’s system,” stressing the need to open and “Accountability of theft.”

“The large number of files of corruption in previous years does not mean that crimes committed against the Iraqi people are left,” he said in a statement.

He added that “of these files funds leaked by the Red Crescent before 2010 when the administration of Jamal Karbouli.”

“It is very important to open these files and hold the scourge and hold accountable the corrupt Maliki regime that returned the siphon to the country, and covered their corruption in suspicious political deals in previous years,” he said, noting that “the days are pregnant with events.”

Keywords: Shafaaq.com

Mnt Goat – Dinar Guru   Article quote:  “The initial draft of the budget law of 2019 INCLUDED A MAJOR ECONOMIC BOOM FOR THE COUNTRY. THIS INCREASE IN INVESTMENT SPENDING, WILL REVIVE THE PRIVATE SECTOR AND INVESTMENT IN THE COUNTRY, which contributes to increase the recruitment of labor and reduce unemployment rates in the country.”  2018 budget was based on $45+ for a barrel of oil. Oil is now almost double that amount $70+. So there is a huge surplus of oil revenues. Iraq is not only swimming in oil they are also swimming in mullah (money).

Breitling – Dinar Guru  Anyone can have an opinion on the Iraqi Dinar, up or down. It does not matter.  That is not illegal…two, it is not illegal to sell Iraqi Dinar…Iraq is a country.  It’s their currency.  It’s not a scam.  It’s a country’s currency…this is a legitimate opportunity.  We are speculating on the time and the rate.  It’s nothing but pure speculation… It’s the CBI.  They have the authority…Did the CBI put out a statement saying they were not going to revalue their currency?  That they have no plan at all to add value to their currency?  What about the Ministry of Finance?  What about the Ministry of Planning?  What about Parliament?  That kind of narrows it down.  You have four solid entities that you can watch…that you can get a bearing.  It’s that simple…what matters is what the CBI says…the news coming out of Iraq is phenomenal! 

Mnt Goat – Dinar Guru  We know that much is changing… There is much in our favor and Iraq is more equipped to reinstate their currency now more than ever…It seems all indicators are VERY good that the CBI is targeting EARLY 2019 for the reinstatement of the Iraqi dinar…

Shredd – Dinar Guru   Article:  “Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion dinars”  Quote:  “The Central Bank of Iraq, on Thursday, that the deletion of zeros is still in place, indicating that the amount of cash mass in the market is 44 trillion dinars.”   Great to see this. We’ve talked a ton about this over the past several years. If this project continues, that means sufficient stability is achieved and that’s exciting news.

Bloodloch – Dinar Guru   Article:  “CBI: No intention to withdraw new currencies”  Quote:  “The bank stresses that efforts are continuing to introduce more small paper classes…”   More small classes. Plural. Fascinating.