Dinar Observer Daily

Reset Intelligence – Dinar Guru  Saturday at the Sin Dialogue Forum in Baghdad. The governor of Iraq’s central bank, Ali al-Alaq, told a room of decision-makers one phrase. “We are working quietly.” …Here is what the room got told next. Cash dollar imports cut from 14 billion to 4 billion in 12 months. 95 percent of dollar sales now move through the electronic platform. Foreign transfers covered daily…79 commercial banks queued behind it for digital banking licenses. Note, this is not a status update. I would more appropriately classify as a plumbing diagram…The wholesale rail is built. The retail rail is loading. Treasury can audit, sanction, and switch the platform off bank by bank. Meaning a clean IQD runs through pristine rails on both shores. That is the difference between theater and architecture. Seat the chair. Pass the budget. Move the rate. 23 days.

Clare – Dinar Guru   Article:  “Was al-Zaidi’s selection an American deal to advance Washington’s interests in Iraq?”  Quote:  “The selection of Ali al-Zaidi for prime minister came about through an American deal previously prepared in coordination with leaders of some political blocs and parties to manage American interests in Iraq according to the Trump administration’s plan, after its objection to the nominations of Nouri al-Maliki and Mohammed Shia al-Sudani.”

Sandy Ingram – Dinar Guru   Start preparing now for the uptick in exotic currency, the IQD and the VND and talk of the BRICS currency over the next two years.  Start preparing for that now. Watch the small steps each currency is making to better understand what could happen in 2028 if the Trump administration doesn’t intervene.

Jeff – Dinar Guru   Things are looking very good.  Most likely during next week to announce the lineup of the ministers and have it ready for a vote as well within two weeks.  If they can get that done, that means they’re positioned to possibly revalue the currency in the second half of May.  We’ve got to watch this movement very closely.

Samson – Dinar Guru  Article:  “IRAN WELCOMES AL-ZAIDI’S APPOINTMENT AS PRIME MINISTER : WE SUPPORT IRAQ’S POLITICAL STABILITY“

Reset Intelligence – Dinar Guru   May 27 Iraq votes on the cabinet that decides if the rate moves. The Minister of Finance controls Iraq’s budget and where oil revenue goes. Iran-aligned blocs holding that chair means the books stay under Tehran’s thumb and the rate stays put…al-Zaidi needs 167 votes. The Finance Minister is the prize. Whoever walks out with that seat decides the rate.

Mountain Goat – Dinar Guru   Article:  “WHY DOES IRAQ FAIL TO ACHIEVE SELF-SUFFICIENCY DESPITE ITS RESOURCES?”  Quote:  “Iraq continues to rely heavily on imports to secure its needs for basic and consumer goods…despite the availability of natural and human resources.”  We can clearly see opportunities are wide spread in Iraq for investors to come and work with them to develop these resources. But will they come under a climate of instability with Iranian influences abound in the government?  But president Trump has a plan to turn this around but he first needs SECURITY and STABIITY.

Jeff – Dinar Guru  Question:  “Are they still working on ‘deleting the zeros’?”  Deleting the zeros does not mean anything regarding the exchange rate.  What it means is they have currency notes with three zeros, like a 25,000 note.  It means to replace a 25,000 currency note with a 25 note.  In other words a redenomination...But I have a fair amount of articles that state the two currencies will coexist together at the same value…Let’s say the dollar value against the dinar is $3.00 for easy math…Two currencies coexist simply means a 25,000 not would be wroth $75,000 after the rate change and a 25 note would be worth $75…IMO they’ll phase out the large three zero notes and give everybody 90 days to get them turned in and exchange.

Reset Intelligence – Dinar Guru   al-Zaidi was nominated on April 27 by the Coordination Framework. He is the Prime Minister-designate, not the confirmed Prime Minister. The cabinet vote is May 27, and he needs 167 votes from the 329-seat parliament…Until 167 votes land, he runs no executive office.

Samson – Dinar Guru   Article:  “A US RESEARCH CENTER SAYS AL-ZAIDI’S SUCCESS IN THE BUSINESS WORLD IS PROOF OF HIS
COMPETENCE, AND WASHINGTON STRONGLY SUPPORTS HIM“

Stephen – Dinar Guru  It’s been a pretty exciting week.  We are waiting for the formation of the government…It could be done any day, but…the new prime minister nominee has 30 days to get that completed... He’s been meeting with the CBI governor.  He’s been meeting with the Finance Minister.  It seems like he’s very aggressive with going after a lot of the monetary policy in Iraq.  As dinar investors and holders that’s what we want to see.  All good things.  Things are moving and working in our favor.

Fnu Lnu – Dinar Guru  Technically, the IQD is already on FOREX so the proper question is: Is the IQD broadly tradable yet, not is the IQD on FOREX? …There was a time when it was completely absent but that was quite a while back. With crypto legislation in the final stages of approval (Clarity Act) it will be imperative for Iraq/CBI to get their banks crypto-compliant so all banks will be able to access the CBI and FOREX via a bridge currency such as XRP. My Singapore connections tell me…Iraq’s banks…haven’t completed this important step. This will be essential because using a bridge currency will make it very simple to go to any bank on any day and take care of your exchange with settlement happening in seconds.

Militia Man – Dinar Guru  Al-Zaidi’s success depends on how he balances…competing interests and sets clear priorities. The US support is real but conditional, as Washington is watching closely for progress on stability, economic reforms, and limiting militia influence. I see this as…a test of whether al-Zaidi can turn political deals into an actual functioning government. US support is helpful for stability right now, but it comes with expectations. Al-Zaidi has a tough balancing act ahead of him. The political side remains messy, but the foundational economic and infrastructure work keeps moving on.

Sandy Ingram – Dinar Guru  If the Trump administration establishes a timeline to help Iraq adjust its economy or its currency, it will happen in the next two years.  Trump leaves office on the 1st of 2029.  Iraq must get control over three things: 1. Corruption, which it is now doing.  2.  Disarmament of Iran-backed militants.  3.  Control over its currency, which the CBI is actively doing. 

Clare – Dinar Guru  Article: “Baghdad receives a new shipment of ‘cash dollars’… and an expert predicts an improvement in the value of the dinar”  Quote: “Iraqi economist Nabil Al-Marsoumi confirmed on Saturday that a new shipment of cash dollars had arrived in Baghdad, as part of what he described as American support related to the next phase and the formation of the government…He added that the arrival of this dollar liquidity would contribute to improving the exchange rate of the Iraqi dinar during the coming week.“

Dinar Investor – Jeff  The United States is the last final only remaining country that still has sanctions on the country of Iraq.  Notice how Iraq’s new prime minister nominee is a “Trump Jr.”.   He’s a businessman.  That’s because the US is having tremendous involvement in helping them form their government to achieve and remove political corruption and achieve political stability.  They get a “Trump Jr.” in there, unbiased, non-politician businessman.

Samson – Dinar Guru  Article: “FOLLOWING THE ARRIVAL OF A NEW SHIPMENT OF DOLLARS, AN ECONOMIC EXPERT PREDICTS AN IMPROVEMENT IN THE VALUE OF THE DINAR“

Mountain Goat – Dinar Guru  Article:  “THE PRESIDENT OF THE REPUBLIC AFFIRMS TO THE GOVERNOR OF THE CENTRAL BANK THE NECESSITY OF STRENGTHENING THE IRAQI DINAR”  Quote:  “President Nizar Amidi emphasized to the Governor of the Central Bank of Iraq, Ali Al-Alaq…the necessity of strengthening the Iraqi dinar and continuing reforms.”

Dinar Investor – Jeff  Question: “You don’t think it’s going to float?” It’s going float but it’s called a managed float, which is really plus or minus 10% per day.  It’s not going to be an aggressive float.  It’ll be a very narrow window float…  

Militia Man – Dinar Guru  The new delegate has been told from the United State that they are supportive.  They’ve come  right out and said numerous times now.  Even the President of the United States gives full support for this man.

Clare – Dinar Guru  Article:  “Green light… The doors of the White House are opening again for Iraq with a new opportunity contingent on distancing itself from Iran’s orbit”  Quote: “Following the appointment of Ali al-Zaidi as the new Iraqi prime minister, Baghdad has entered a new political phase, amid clear indications that the US administration views al-Zaidi as an opportunity to reshape its relationship with Iraq according to stricter conditions related to security, the economy, and regional influence.“

Jeff – Dinar Guru   The budget can’t get approved till the new currency value exists.  It’s a law.  All aspects of a law have to exist for them to approve it, which means the currency value has to exist because the budget is calculated off the currency value. So, that has to exist before it can get sent to parliament for approval.  That’s the reason they told us about a month ago that the budget would get approved after the government is formed because when the government is formed they they get a change of rate, then proceed with a budget approval.

Clare – Dinar Guru  Article: “Iraq PM Nominee Ali al-Zaidi Draws Comparisons to Trump-Style Economic Policies”  Quote: “Some Iraqi political factions say Ali Faleh Kazem al-Zaidi’s economic approach appears aligned with market-oriented and business-focused policies, drawing comparisons to those associated with U.S. President Donald Trump.”

Militia Man – Dinar Guru   Even with the current political mess and regional tensions, Iraq’s reforms continue to move forward regardless. The push to expand electronic payments is gaining real momentum. This is vital work being done in the background,  as it helps reduce dollarization, brings more of the informal economy into the formal system, and opens up new “virgin” Iraqi markets for small businesses and the unbanked population.

Mountain Goat – Dinar Guru   The ending to this election saga may be finally here. There is a new nominee outside of al-Maliki or al- Sudani. Will he survive the vote in parliament? It appears he has the confidence of the US government, so this is a good start… will he serve the people and support the necessary reforms and grow the economy and work with US Washington over these next four years to make moves towards the reinstatement of the dinar? (Stability part for the RV)…Will he support  Washington’s desire to remove the PMF and other associated terrorist organizations from Iraq (Security part needed for the RV).

Clare – Dinar Guru  Article “The US State Department told Al-Watan News: We congratulate Ali al-Zaidi on his  appointment to form the Iraqi government, and Washington is ready to support a government committed to the monopoly of arms and the  rule of law” Quote “The State Department added that the United States is prepared to support the Iraqi government and work with it  as a partner in achieving stability, provided it adheres to these sovereign principles.”  

Militia Man – Dnar Guru  Iraq’s monetary and economic reforms have been progressing and advancing to the degree that Iraq seems to be completely ready for what we’re waiting for…It gets more reined as each day goes by…It’s all about real  effective exchange rate (REER) readiness.  I think that’s what we’re seeing.

Jeff – Dinar Guru  Most of the economic articles are put in futuristic wording/verbiage.  That’s because all of the economic steps coming forward, about to be introduced, are waiting for the rate to change.

Stephen – Dinar Guru  Timelines for the Iraqi dinar – This month is not going to be our month.  April is almost over.   For those of you who were hoping or April, sorry.  I think between now and fall could be a realistic timeline…Iraq is very good at pushing things down the road…I still think everything is positive.  We are seeing pressure build upon Iraq like never before  and that’s a good thing.  We have an American president who is fully involved in this process and that’s a good thing…We have a  lot of momentum working in our favor.

Reset Intelligence – Dinar Guru  Two paths from here: ⑴  al-Zaidi shields his old bank to keep the parallel route open. The peg holds, Treasury escalates the next bank. ⑵  al-Zaidi cuts Al-Janoob to clear his name with Washington. The parallel breaks, the rate moves first.  Which one?