Adam Montana – Dinar Guru    [Has there been any progress or any news at all on the HCL lately that you can confirm?]  Yes, there has been steady progress regarding everything related to HCL. We couldn’t have a complete HCL before the pieces were in place, the GOI ready, etc.   Nobody will deny that Iraq has moved in the right direction.

Mountain Goat – Dinar Guru   Article:  “CENTRAL BANK OF IRAQ- THE VALUE OF THE IRAQI DINAR INCREASED BY 9%”   So for Iraq to compete with foreign products it must float the value of the dinar. This article demonstrates why. We know that they will NOT float the program rate as it is fixed and pegged to the US dollar. So something has to change and change VERY soon since Iraq just announced it is going to trade with Iran using solely dinars. Iran of course does not want dinars, as they feel they are not liquid enough and do not have the global purchasing power.

David M. Witty – Dinar Guru   In Iraq, Baghdad’s Green Zone to be open to civilian traffic starting tomorrow. First time Green Zone will have been opened since 2003.

Adam Montana – Dinar Guru    Article:  “Texas is about to create OPEC’s worst nightmare”  [How do you think this may affect the RV?]  The article seems to indicate that the US is ramping up oil production, which will lower prices globally. Iraq may need to adjust their Budget, and maybe the potential RV amount will be reflected in that. Let’s say they were to RV at $1, but oil is 30% lower than the former anticipated price, then the RV could come in at .70 as well.   As far as timing of the RV, I see no concerns.

David M. Witty – Dinar Guru   Iraqi Speaker of Parliament says next Parliament meeting on Monday will vote on unfilled cabinet positions. 

Chattels – Dinar Guru  The dinar has the potential for a favorable return on investment.  The question is when and or how much.

Delta – Dinar Guru     FROM IRAQI SOCIAL MEDIA . News of an agreement to raise the value of the Iraqi currency to become equal to the US dollar and cancel the 3 zeros as well…1000 IQD = 1000 USD.…DELTA

Adam Montana – Dinar Guru   [Please tell us will this colored paper ever RV?]   If I didn’t believe it would, I would have sold all mine. That is not the case – I’m sitting tight, with my …Dinar stash close at hand.

Mountain Goat – Dinar Guru    But this higher rate of 120 dinars to the USD is the “market” rate.  And so what will the CBI do next. They must maintain the 2% spread between market rate and the program rate. Will they adjust the program rate? This is the rate we really want to see change since the market rate could have massive temporary swings in relation to short-term swings in the currency auctions. So we wait and watch what the CBI does next before we get too excited.   [post 2 of 2]

Mountain Goat – Dinar Guru  …we have rumors coming from Iraq of the dinar rate operating at 120 IQD/USD. Wow! …This is amazing but before we…get too excited let’s look at what is really happening.  …this is nothing more than the initial shock from the lack of dollars coming out of the currency auctions. We know that when for any reason something effects the sale of dollars in these auctions it drives up the rate for the dinar since the dinar then is used more and thus a higher demand for it. Simple supply and demand ration. Right?  [post 1 of 2]

Adam Montana – Dinar Guru   The difference between the Lotto Pool and the Dinar…is…”luck”.  There is no “luck” involved, unless you were just lucky to have heard about it before it happens. At some point, we’re all going to look back on this and say “Hot DAMN did we get lucky!” – but it’s not really luck.  Iraq still has a major portion of what is one of the most valuable commodities on the planet. Iraq has been torn down, beaten, and bruised…and then clawed it’s way back to a very respectable place. If you’re like me, you might be a little annoyed with the wait. But you also realize that the “wait” isn’t unreasonable. It only seems like this has taken a long time because unrealistic expectations… Things happen in their own time, not on our time. This happens for us is when those two line up… and the signs are looking favorable.

Chattels – Dinar Guru  We have fought the good fight, holding on to faith and good conscience, I think.  We shall see what fate has in store for us.  Hopefully sooner than later. Either way it would be most excellent to make an end to this journey.

Kirk H. Sowell – Dinar Guru   #UPDATE: The Iraqi parliament is set to meet today, but confirmation of nominations to complete Abd al-Mahdi’s cabinet (8 ministries are empty) is not on the schedule. There is talk on agreement on the non-security ministries, but even the others will not pass today.

DONALD TRUMP SUPPORTERS THINK PRESIDENT WILL MAKE THEM RICH IF THEY BUY IRAQI MONEY

A number of people in the U.S. have bought millions of Iraqi dinars in hopes that President Donald Trump would revalue the currency to make them rich.

Rumors that the U.S. government was planning to set the Iraqi dinar—currently worth .00084 of a dollar—to something equal to or even beyond the dollar predate Trump, going back to the period of Iraqi President Saddam Hussein’s rule before the Gulf War in the early 1990s. The U.S. first took military action in response to his invasion of Kuwait, later sanctioned Baghdad and ultimately unseated the leader in a 2003 invasion, leaving the U.S. in control of a ravaged economy.

As The Daily Beast reported Tuesday, however, this theory has taken on new life under Trump, who some supporters took literally when he promised in April 2017 that all currencies would “be on a level playing field” in response to allegations that China was manipulating the value of the yuan…

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Rebuttal: The use of the above picture as a RIDICULOUS characterization of the current situation – directed towards eBay and how currency may (or may not) be sold there currently, should cast grave doubt on all of the information in this article.

This is VERY OLD currency no longer valid or in circulation. This is the writing of a single, unscrupulous, private eBayer. This was apparently written before Saddam was deposed. What does a single eBay ad from prior to 2003 have to do with ANYTHING?

Why don’t these shills bother to include the SIGIR report (see page 84) as delivered to the US Congress in their final reporting? Because it would be too factual… and it doesn’t line up with their SLANDEROUS tilt… that’s why…

Read More: Dinarupdates.com/blog

Kaperoni‏ – Dinar Guru   …Only when the CBI moves off the peg to a float and accepts Article VIII will we see a gradual rise occur.

Mountain Goat – Dinar Guru   Article:  “AGREEMENT TO RESUME THE EXPORT OF KIRKUK OIL BETWEEN THE IRAQI GOVERNMENT AND THE KURDISTAN REGION”   Okay so let’s now look at HCL. We know the legislation is passed in parliament and the % is stated of “excess oil revenues”. The first payment was supposed to happen in early September but did not due to the new administration. It was postponed again until EARLY 2019. Sleh told us in an article that it would coincide with the release of some money from the billions in the Iraqi sovereign fund.

Frank26 – Dinar Guru   Potus wants to deal with Iran & Mahdi is doing it for him… POTUS going to beat MR senseless on Mahdi… POTUS brokered export of Oil with Kurkut dealing with that & HCL…He wants citizens to get their share of wealth …Iraq about to be flooded with Oil companies & jobs. Investment Law being pushed of precious minerals & metals to bring companies to establish mining in Iraq…more wealth…under HCL.

ChrisC – Dinar Guru  Article quote:  “The central Bank of Iraq, on Monday, unveiled the details of the “Currency structuring” project, which aims to eliminate 3 zeros, to facilitate currency trading.”  I am reading this and it sure sounds like the 2nd article.  Is it not?  I am wondering if Trump has already been over there for a congratulatory photo op and maybe we wake up to this and an announcement of the new asset backed currency.  What do you think?

Delta – Dinar Guru Article: “Structuring of the currency: the Central Bank is preparing to delete 3 zeros from the Iraqi currency”  Quotes: “the draft currency structure aims to delete three zeros to turn the category of a thousand dinars to one dinar, while replacing the thousand dinars in the place of one million dinars.”; “…stressing that “this project must be implemented despite the obstacles that led to the postponement.”

The Central Bank is preparing to delete 3 zeros from the Iraqi currency

London – Word: The Central Bank of Iraq details the project, “structuring the currency,” which aims to delete 3 zeros, to facilitate the circulation of currency.

The Director General of release safes Abdul Karim Hassan in remarks followed the word news website that ” the restructuring of the currency project when he put the first time encountered many objections Vtogel to be raised again in 2014 and begin to apply it, but the emergence Daesh was a new reason to postpone it .”

Hassan explained that “the draft currency structure aims to delete three zeros to turn the category of a thousand dinars to one dinar, while replacing the thousand dinars in the place of one million dinars.”

He pointed out that “the project allows the printing of new categories of dinar and half dinars down to deal with the bank.”

He stressed that “the idea is integrated and there is a comprehensive study and the project does not need to apply,” stressing that “this project must be implemented despite the obstacles that led to the postponement.”

Keywords: Kalimaiq.com

MilitiaMan – Dinar Guru    [I believe Dr. Shabibi stated that the best time to revalue a currency is at the beginning of the year.] Yes that was many years ago and Alak is at the helm today, and not only times are different now but, circumstances are much better now than then… imo.

 Mountain Goat – Dinar Guru   Article:  “AGREEMENT TO RESUME THE EXPORT OF KIRKUK OIL BETWEEN THE IRAQI GOVERNMENT AND THE KURDISTAN REGION”  Oh boy! This was music to my ears when I heard this news. We have been waiting for this news. This is article 140 referendum implementation even though parliament has not yet passed it. Wow! Like I keep telling everyone we have been waiting for this to happen.

Central Bank reveals to “NAS” details of the project “Structuring the currency”

Baghdad – Nas    The Central Bank of Iraq revealed on Monday details of the project “Structuring the currency”, which aims to delete 3 zeros, to facilitate the circulation of currency.

“The currency structuring project, when it was first floated, faced many objections. It was postponed to be launched again in 2014 and started to be implemented,” said Abdulkarim Hassan, general manager of the issue and treasury, in an interview with NAS today.

Hassan explained that “the draft currency structure aims to delete three zeros to turn the category of a thousand dinars to one dinar, while replacing the thousand dinars in the place of one million dinars.” He pointed out that “the project allows the printing of new categories of dinar and half dinars down to deal with the bank.”

He stressed that “the idea is integrated and there is a comprehensive study and the project does not need to apply (probably referring to the study),” stressing that “this project MUST BE IMPLEMENTED despite the obstacles that led to the postponement.”

Keywords: Nasnews.com

MilitiaMan – Dinar Guru   Article quote:   “Adoption of the unified banking number (IBAN) which contributes to improving the level of banking services and clearing services and settling payments locally and internationally.”   IBAN stands for International Bank Account Number.  Now to Prime Minister Mahdi…has his expertise and many years of it and include Oil Minister and Finance Minster and now Prime Minister of Iraq.   He has been around since the origination of the Paris Club, and had good relationship with the Kurds.  Now we see the Kurds are happy, as they turned the oil back on through Ceyan Port to Turkey…back up to 500k barrels a day, as of this weekend… Why do I bring that up?  [post 1 of 2]

Frank26 – Dinar Guru   Article:  “Trump plans to visit Iraq”   Quote:  “US President Donald Trump said on Monday he plans to visit Iraq and Afghanistan in the future.” “I have several plans, including the visit of US soldiers in Iraq and Afghanistan,”  …LAST MONDAY…A WEEK AGO… WE… SUGGESTED IMO…THAT THIS WAS GOING TO HAPPEN… 

Iraqi Dinar may replace US Dollar in Iran-Iraq Trade

Iranian ambassador to Baghdad said Iran and Iraq are weighing plans to eliminate US dollar in trade transactions and also lift visa requirements for citizens of the two countries.

Speaking at a TV program on Saturday night, Iraj Masjedi said Tehran and Baghdad are considering plans to use Iraqi dinar for trade transactions or develop barter trade considering the banking problems caused by the US sanctions on Iran.

He also voiced Iran’s willingness to remove visa restrictions for travels between the two countries, saying the idea of lifting visa requirements for merchants and business people was discussed during Iraqi President Barham Salih’s Saturday visit to Tehran.

Masjedi highlighted the ample opportunities available for the Iranian business sector available in the Iraqi market, saying the Baghdad government welcomes foreign investments.

“The government of Iraq is seeking foreign investment in the economic field, and has now offered 1,200 projects worth $100 billion,” the ambassador added.

He assured Iranian investors of improving security in Iraq, saying the security conditions in the Arab country’s inland and border regions have been getting better since the defeat of the Daesh (ISIL) terrorist group.

The Iraqi president visited Tehran on Saturday with a ranking delegation for a series of political and economic talks.

After high-profile talks between the Iranian and Iraqi delegations, Iranian President Hassan Rouhani said the two neighbors can increase their annual trade from the current $12 billion to $20 billion.

Rouhani also noted that the two sides discussed ways for cooperation in the energy, power and oil industry, including the extraction of petroleum, and a plan to connect the two countries’ railroad networks.

Source: Iraq-businessnews.com

Randy Koonce – Dinar Guru    I have been blessed with sources in several of the the well known 3 letter agencies. It seems that at least for now, all of my sources are once again saying the same thing. Our window is ‘wide open’ beginning right now though the end of November. Even if we don’t see it by then, that does not mean the window closes, but will simply remain open longer than we were told, and through the end of the year. Because of the sanctions on Iran, there is additional pressure for this to happen as soon as possible. It also seems that the plan is to reinstate the currency between $1 – $2…then by the end of the year, to have it ‘established’ at the rate they plan to hold it at for some time. When we see a rate change, you will want to weigh you options and how you want to proceed based these suggested possibilities.  …we are in the final stages of this… I know this administration wants this to be over and now… so we are close…closer than we have ever been in a very long time.  So, hang in there…It’s coming, one way or the other!! Breathe.   [post 2 of 2]

Randy Koonce – Dinar Guru   Well, it seems that the “USS Dinar” continues to sail. However, it does look like this ship is about to hopefully arrive in port very soon… First, are we [we are?] in a new window of opportunity ‘right now’. And I am sure that everyone is like me, and hoping that this will be our last window.  When I say that, it again does not mean it will happen without a doubt in this current window; it does mean that there is a very good chance for the rate to finally change.  The pressure for this to take place continues to be very great. …Iraq has a new prime minister and nearly all of the cabinet seated. While there have been a lot of rumors flying about who is and who is not over the CBI right now, I do not believe that will impact ‘the event’ that appears to have been finally scheduled.  [post 1 of 2]

Mountain Goat – Dinar Guru   Article quote:   “…parliament is moving to take measures TO RESTORE THE INDEPENDENCE OF THE CENTRAL BANK.”  I did not know the CBI lost its independence. Didn’t parliament pass a law last year establishing the independence of the CBI? So what is this all about? Will the CBI then be able to reinstate the currency too as needed?    Quote:  “the Governor of the Central Bank bears waste more than 7 Billion Iraqi dinars in circumstances attributed to the floods previously flooded the province of Baghdad. ”  Alak was not the governor of the CBI in 2013, the time of the incident….hello!  …But Alak did see the country thru the war with ISIS and managed the funds appropriately.