Dinar Observer Daily

Clare – Dinar Guru  Article: ”Al-Sudani announces the launch of the five-year national development plan (2024-2028)”

Breitling – Dinar Guru   I’m not getting out of the currency [the Iraqi dinar].  I’ll wait it out.  But right now I am neutral.  This is not positive at all [Iraq moving pro-Iran].  We’ll have to sit back and watch what the CBI says…How are they going to add value to the currency being sanctioned or being punished?  There’s no answer for it.  We have to wait...Whatever comes along I’ll report it.  If it changes, no problem, I’ll report it.  If I see a pathway that they’re going to add value to the currency [I’ll report it]…

Militia Man – Dinar Guru  Everybody’s pretty much pumped, pretty much excited because the news that’s been coming in is off the charts.  Saleh has been out for the last couple of weeks educating everybody… reiterating why they do what they do…and how they do it.  Economists coming out talking about what they believe the Central Bank of Iraq is dealing with with the Federal Reserve Bank, United States Treasury.  You can see these guys are serious…

Militia Man – Dinar Guru  We don’t put our head in the sand but the bottom line is everything we’re seeing for the last two years should have everybody excited...

Dinar Investor – Jeff   Iraq has to tell you they don’t have plans to revalue the currency this year because they’re getting closer to the finish line.  They have to show news that suggests they won’t be revaluing their currency...

Clare – Dinar Guru  Article:  “Officially.. Al-Hassan succeeds Plasschaert in Iraq”  Quote:  “the appointment of Mohammed Al-Hassan from the Sultanate of Oman as his new Special Representative in Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert.“

Militia Man – Dinar Guru  Article quote: “Prime Minister advisor for financial affairs Dr Muhammad believes in the midst of the changes in the international commercial and financial space Iraq has moved to important organization levels in the transition to a market economy…which allows foreign banks to operate in Iraq and allows the transfer of capital and currency.”   That statement right there to me is massive.

Samson – Dinar Guru   Article:   “PARLIAMENTARY TRANSPORT : EUROPEAN EMBARGO ON IRAQ STILL IN PLACE“

Breitling – Dinar Guru  Brutally honest, I give you my honest opinion.  Here’s where I’m at personally right now.  I’m not getting out.  I’m neutral.  This doesn’t look good [Some Iraqi support for Hezbollah HQ in Baghdad].  Actually makes me sick to my stomach.  I don’t feel good about it at all because I’m looking at the Middle East.  I‘m looking at the influence and proxy wars coming from Iran…Here’s the reality…they [Iraqis] were trying to upgrade their financial system and make sure they were compliant and be on the world stage with the currency again. They’ve always been on it but this is a different ball game.  Here’s the thing, they are following law…to be able to trade again…but the road they’re going down now, they’re going to be sanctioned...That’s not good...It’s bad for us if they go down that road.

Mountain Goat – Dinar Guru    …recent articles from Iraq tells us the Iraqi government is taking steps to correct…issues and what needed reforms are still necessary… The nature of the reforms tells us they would have to be already started…Don’t think this is going to be a long, long process but certainly not days, maybe more like months…We must not discount all the reforms already accomplished…the Feds are now stepping in and trying to move the country steps further. Yes, they are shaking it up…So, this is all VERY good news and we should be happy to see it playing out…Everything is going to come together and it will happen suddenly.

Militia Man – Dinar Guru  Think about it.  You’ve been stealing from the country for 20 years.  It’s kind of hard to ween yourself off theft and corruption.  That’s what Iraq’s been going through.  They’re getting better and better and better as you can see…We all know there’s some entities in Iraq that own media and they throw it out there to throw people off… [Their name] probably starts with the letter “M” and we can go from there.

Clare – Dinar Guru  Article: “By names and addresses.. Details of the arrest of 8 main suspects in the theft case of the century“  [Find Name & Companies in original article]  1- Total stolen amounts nine hundred and eighty-two billion dinars from the tax deposit account 2- Stolen amounts two trillion two hundred and eighty-three billion Iraqi dinars 3- stolen funds / one trillion one hundred and eighty-five billion two hundred and twenty million 4- Stolen funds / six hundred and seven billion Iraqi dinars 5- Stolen funds / six hundred Twenty-four billion Iraqi dinars 6- Position: Office of the former Prime Minister Stolen funds: Four hundred and ninety-seven billion Iraqi dinars 7- Stolen funds: one hundred and twenty-four million US dollars 8- [Unknown total]

Pimpy – Dinar Guru  Community Comment: “Why do you think Iraq has been dragging its feet?  It’s because Iraq has been FIGHTING to RAKE IN all the dinar that is OUTSIDE THE COUNTRY!  Once they got, let’s say 95% of it, then they are ready to reinstate the value of the dinar to its old glory days.”  Why?  They don’t have to do that.  There’s no sense in doing that.  They could just do it anyways after they delete the zeros.  So no they don’t have to wait to do that.  They can just reinstate it anytime they want to.

Sandy Ingram – Dinar Guru  The news from the Middle East has gone haywire.  There appears to be consistent and organized misinformation coming out of the Middle East.  [I] will do everything in [my] power to report correct and confirmed news reports…

Militia Man – Dinar Guru  Are they going to fire up the oil and gas law at 1310?  I highly doubt it.  Why wouldn’t they have done it already? …They had 19 years but they’ve done an extra year and got that done.  Now they’re talking about it’s an imminent situation…in the coming days… Bottom line is pressure is on.  

Militia Man – Dinar Guru  Article quote “Imminent opening of the bank’s new building”  Imminent opening of the central banks’ building.  It’s scheduled for the end of this year, which is a few months, or the beginning of next year, which is  still not too far from a few months… Quote “…38 floors with offices, meeting rooms, storage places of fortified money and  gold.”  I love that part… Quote “The opening of the central bank building will be accompanied by a very large ceremony…”  It’s  going to a pretty big deal...Construction…started in 2018.  It’s been almost 6 six years.

Pimpy – Dinar Guru  The news continues to be good for Iraq.  This is what we want to hear.  We love that they’re  continuing with the reforms as well as aiming to improve the quality of life for the Iraqi people…Are you guys starting to get numb to the good news?  Seriously.  It seems every day there’s something good happening to the point where it’s almost being taken for granted.  

Jeff – Dinar Guru  Article: “Four counties meet in Baghdad to support the development road project” …You have to look at their timing.  They finished the 5-year development plan around the end of July walking into the beginning of August.  Why? Timing.  They’re about to revalue.  Their actions strongly suggest to me personally IMO I really feel they’re going to be revaluing in August. 

Militia Man – Dinar Guru  The US Treasury will not wait.  They can act at a moment’s notice.  That is coming from the higher-ups.

Clare – Dinar Guru  Article: “With a large celebration attended by dignitaries, the opening date of the “architectural masterpiece” of the Central Bank was revealed”   Quote:  “It is scheduled for the end of this year or the beginning of next year, 2025, at the latest. The new building of the Central Bank will be opened as the first architectural masterpiece, with a height of (172) meters and includes (38) floors, containing offices, meeting rooms, and places.” Fortified warehouses for money and gold, in addition to various celebration halls and a theater.“

Militia Man – Dinar Guru  There’s been some blow back.  We have those guys who just don’t want Iraq to move forward because their cash cow goes away.  That’s what we’re seeing and that’s why it’s intense…The last few weeks have really been powerful…We are watching history being made.

Mountain Goat – Dinar Guru  … to get their currency reinstated for Iraq, it is an uphill battle. They must fight, fight these globalists. But some of the problems stem from themselves too as there are measures they could have taken to further manage the dollar, curb corruption and money laundering. But they didn’t.  There are also timelines in the strategic plan to get to the reinstatement that have not been met and need to move ahead now.

Militia Man – Dinar Guru  Article: “Iraq speeds up steps to join the WTO”  Quote:  “…the fourth round of negotiations to be held during the first quarter of next year.  This acceleration means that the negotiations are proceeding with rapid steps towards Iraq’s accession to the World Trade Organization…”  It’s leading you to believe they’re going to be doing acceleration and they’re going to go out to next year?  That’s not acceleration as far as I’m concerned.  It’s not at all.

Pimpy – Dinar Guru  Once a country re-denominates, they don’t just recognize the re-denomination in country.  It’s recognized throughout the world…Does it make sense that they’re going to have a different rate exchange in Iraq instead of out?  …You really believe that’s going to happen? …The poor people in Iraq are going to be like, wait a minute.  I’m changing 1,000s and all you give me is one new Iraq dinar note…only worth $3.21?  In the meantime if I just…went on a trip to…the United States that they would… exchange my old bank notes with the current exchange rate with the zeros on there giving me millions of dollars?   [Post 1 of 2]

Pimpy – Dinar Guru   Does that make sense to you?… No, once the re-denomination takes place it’s worldwide.  You might still have the old notes…but you’re not going to be able to exchange 1,000 dinars times a $3.22 rate.  That’s not what happens.  They make the conversion to the new Iraqi denomination.  So if you bring them a 1,000..it’s not 1,000 anymore, it’s only 1 dinar.  Then time the exchange rate of $3.22.  Here you go sir/ma’am, here’s your $3.22…Just use a little common sense…You would have this huge rush of people coming out of Iraq with their currency with all the zeros…going to the United States…and swapping it and becoming millionaires and then going back in their country and buying the new bank notes with their millions of dollars.  Does that make sense?   [Post 2 of 2]

Jeff – Dinar Guru  The World Trade meeting…July 18th, that’s their 3rd World Trade accession meeting.  They waited 16 years for that meeting.  16 years.  Reason why is because there’s conditions and requirement that have to be met for that meeting.  A tradable convertible currency…they cannot be under US/UN sanctions.  That’s why they’ve waited 16 years for that meeting...Everybody’s who’s on the board of directors and members board will only have until August 15th, this was in print, to get their comments submitted for this World Trade accession…

Militia Man – Dinar Guru  Article: “Paralyzed for 19 years.. Parliamentary optimism about passing the most important laws in Iraq”  Quote: “The oil and gas law is the most important of the suspended laws…this issue will be resolved in the coming days.”  There is absolutely no coincidence that this law is on the table now...We never know what the coming days will mean. However, with…where Iraq is in her reforms and the loss of revenues from the Kurdistan Region, the pressure has been mounting for results needing to take place and quickly. This is a very good sign of things to come and likely first or at the same time…

Jeff – Dinar Guru   Article:  “Oil MP rules out oil and gas law” I’ve been telling you guys the oil and gas law has been outstanding since 2005.  Quote:  “This law has been facing political dispute since 2005.”  There it is confirmed for you in print…That’s because this law is simply waiting on the rate to change.  It requires Iraq to have a tradable internationally recognized currency.  That’s it…

Militia Man – Dinar Guru  Progress has been intense because there’s some political opposition.  I think the US Treasury, Federal Reserve, Central Bank of Iraq, Al-Sudani…have been working to benefit the Iraqi citizens.  There’s been blow back…Iraq is not alone in having pressure… Unfortunately corruption has been a problem for many years.  Nothing new.  But that’s being changed so now it’s getting more intense...

Clare – Dinar Guru    Article:   “Iraq speeds up steps to join WTO”  Quote:  “The Ministry of Trade has doubled its efforts to join Iraq to the World Trade Organization (WTO) after participating in a wide round of negotiations that pave the way for full membership…Minister Al-Ghariri expressed his aspiration for the fourth round of negotiations to be held during the first quarter of next year…”