Dinar Observer Daily

Samson – Dinar Guru  Article: “JAPAN AFFIRMS ITS SUPPORT FOR THE AL-ZAIDI GOVERNMENT AND THE PROMOTION OF STABILITY IN IRAQ“

Clare – Dinar Guru  Article:  “Al-Hilali reveals details of the US deadline for Al-Zidi’s government: six months for evaluation and another to decide on support”  Quote:  “Prime Minister’s advisor Ayed Al-Hilali as saying that Prime Minister Ali Al-Zaidi is required to make very significant changes in order to implement what he described as the United States’ conditions …Washington gave Al-Zaidi an initial six-month grace period to assess the performance of his government…American support would not be free, but rather linked to the existence of a political and executive quid pro quo for this support.”

Stephen – Dinar Guru   Since 2003 the government has never formed before the deadline. Ever.  Iraq is very good at pushing things back… Nothing ever gets done on time.  They push it out, push it out, push it out.  This is the first time in 23 years that Iraq has actually met a constitutional deadline, which is such a big deal.  Something is happening.  Things are happening behind the scenes.  Things are moving.  This isn’t hype.  This is factual information that we’re looking at.  If you are a dinar holder you cannot look at this in a negative light in any way, shape or form.

Jeff – Dinar Guru   Question: “Are all countries going to revalue at the same time?”  I believe the Iraqi dinar is the only currency that’s going to revalue.  I personally don’t believe any other countries are going to revalue at the same time Iraq does.

Militia Man – Dinar Guru   The last 48 hours have been genuinely powerful.  We’ve moved from political uncertainty to a seated government while the CBI and economic institutions continue serious execution.  The convergences are not random…Our future looks really bright.

Stephen – Dinar Guru  I’m going to say this boldly…What is about to happen in Iraq and what is about to take place when the Iraqi dinar revalues, this has never happened before to this magnitude.  It will most likely never happen again.  If people want to call you a conspiracy theorist or crazy and this applies to most of us who hold Iraqi dinar because that what we’re believing and hoping for that this worthless currency is one day going to be worth a lot more than it is. There has never been something like this that has happened to the magnitude that we are all hoping and expecting it to be.

 Samson – Dinar Guru   Article:  “PUTIN CONGRATULATES AL-ZAIDI : WE LOOK FORWARD TO STRENGTHENING BILATERAL COOPERATION“

Jeff – Dinar Guru   Now that Iraq has competed the formation of their government and sworn them in, now that the Clarity Act finally got approved because the rate change is right here in front of us…The rate change is 100% done and ready to go.  It’s going to come reasonably quick.

Militia Man – Dinar Guru  Government is one, the banking is two and they work in conjunction but they’re independent.  The Central Bank of Iraq is independent.  Keep that in mind at all times because that’s a fact.

Stephen – Dinar Guru  It’s been a very exciting week.  A lot has happened in Iraq.  We have a government formation, which I didn’t think was going to happen this week.  I thought they were going to push it out probably till June, which has been the case every single year for the last 23 years.  There’s exciting things going on…This is the most movement, the most amount of things happening, I have ever seen.  It’s exciting to be watching this in real time.

Jeff – Dinar Guru  Question: “Do you think there will be a set time limit to exchange?” Absolutely. About three months.  They’ve already done that historically, twice.  

Stephen – Dinar Guru  There’s a few other guys I’ve met that are very smart, very intelligent people and I’m like,  “wow, there’s a lot of people out there that are invested and believing and are very grounded.”  It gives you that confidence that I’m not alone.  I’m not crazy for thinking that the Iraqi dinar is going to revalue and hit these incredible returns.

Militia Man – Dinar Guru  The United States has been holding back cash because [Iraq] hasn’t done what we’re looking  for…

Clare – Dinar Guru  Article: “Barrack congratulated al-Zaidi on gaining the confidence of Parliament: We want bold  action that aligns with our interests” Quote “Tom Barrack, the envoy of US President Donald Trump, congratulated Iraqi Prime  Minister Ali al-Zaidi on Thursday evening for securing parliamentary confidence and the approval of his government by the House of  Representatives, expressing his hope for bold action in line with the common interests of Washington and Baghdad…He added:  President Trump, Secretary of State Marco Rubio, and the United States as a whole stand ready to work closely with you and your  government to advance our shared goals of prosperity for the Iraqi people…”

Jeff – Dinar Guru    The million dollar question – How soon could the rate change?  Because Iraq has now finished everything they needed to, to be eligible and ready to revalue…What’s the soonest?  …The rate is only going to change over a weekend.  You can disagree or disagree with me on that…But the rate will only change on a weekend.  This coming weekend is the very first weekend within Iraq’s history that they have completed every step and requirement to be eligible to revalue.  So the soonest Iraq can change is this weekend. 

Stephen – Dinar Guru  In my 15 years of having been involved with this investment I have never seen the speed and urgency that Iraq is moving with like they are right now…Today is an exciting day to be an Iraqi dinar investor …14 our of 23 ministers were voted on were confirmed.  There’s still a little bit more to go.  However, he met the limit needed to be met in order for his government to be official…Since 2003 Iraq has never met the constitutional deadline with formation a government.  Today signifies the first time in 23 years…If that’s not something to get you excited, I don’t know what is.  It doesn’t mean the dinar is going to revalue tomorrow, however, things are moving at a pace and a rate I have never seen before.  If you are an Iraqi dinar holder you should be very very excited…

Militia Man – Dinar Guru  Parliament has successfully voted confidence in al-Zaidi as the new prime minister…After weeks of negotiation, Iraq finally has a functioning government…A stable government removes a major layer of uncertainty and give the economic ministries and the CBI operating room that they need.  This is exciting because…this political piece has held things  back…They’re moving forward in a constructive direction.  It’s perfect.

Mountain Goat – Dinar Guru    Article:  “WARNINGS AGAINST “MINISTERS OF FAILURE”… ADAI CALLS ON AL-ZIDI TO CONFRONT THE PRESSURES OF THE BLOCS AND APPOINT COMPETENT INDIVIDUALS TO MINISTERIAL POSITIONS” …Yes, they are always filling these high paying govt jobs as favoritism rather that real skill to do a competent job. Is this also why we sit here over 20 years still waiting for the RV?  We are about to see it again with Nouri al-Maliki getting either a vice-presidential position or even now he wants the minister of oil, a Zaidi’s cabinet position.  Did he horse trade his vote to let in al-Zaidi for this? [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru   Of all positions in the cabinet (besides finance minister or minister of the interior) this is definitely also one you don’t want Maliki medaling around in. He will most definitely mess up the current agreements made with Kurdistan and muck up the Oil and Gas Law now on the table in parliament. We need this law done to get us to the reinstatement…He actually wants to stop the Oil and Gas Law because he knows it will bring conclusion to this constitutional requirement, something the US is demanding prior to the reinstatement...This guy is bad news for any real progress in Iraq. [Post 2 of 2]

Jeff – Dinar Guru    A ‘formed government’, I didn’t say completed, I said ‘formed government’ would allow them to be eligible to revalue the currency…They need a majority completion.  13, 14, 15… somewhere in that camp.  Again, in order for them to be eligible to revalue they need a majority completed cabinet.  Not a full completion. 

Militia Man – Dinar Guru   Right now we have multiple major threads moving at once.  We have the political government formation accelerating. We have the monetary banking issues being addressed in the news toady as the CBI publishes final stage valuations by the international audits for banks and explicit preparation for global financial integration… Then there’s the Oil and Gas law on the table…for revenue sharing and long-term stability…and non-oil sectors are continuing to advance.  All that’s  converging at the same time…This convergence is not random.  It’s the kind of multi front alignment that historically precedes bigger monetary steps…

Stephen – Dinar Guru  It looks like the new prime minister’s cabinet is not going to go through this week.  I’m going to go out on a limb and speculate the government formation is probably not going to fully happen until the end of this month, if not sometime in June…This is generally how it goes in Iraq.  They never meet timelines…The only caveat to that being is since the Trump administration has gotten involved we see they can no longer delay like they used to.

Ariel – Dinar Guru   The IMF is demanding gold backing to stabilize the currency against fluctuations. President Nizar Amedi and Governor Ali al-Alaq have publicly stressed strengthening the dinar. You cannot anchor with gold, go fully cashless by July 2026, and maintain a weak, manipulated rate.

Militia Man – Dinar Guru  The last three years have delivered real milestones that include, reserve growth, gold accumulation, non-oil revenue expansion, ASYCUDA and TIR rollout, digital payments, port and corridor work, and banking modernization…Iraq is in a much stronger position now than before, which is exactly what sets the stage for a prudent REER move when the timing is right. Steady, factual, and forward-looking. The quiet work continues to show results. 

Reset Intelligence – Dinar Guru  Iraq is the 8th richest country on Earth by natural resources.  Roughly $16 trillion is in the ground of Iraq.  They have the 5th largest proven oil reserves.  They have the second largest phosphate reserves…and their CBI gold reserves are up 45% in the past year…The current exchange rate of the Iraqi dinar is 1310 dinars to $1.  This was set during reconstruction but was never meant to be permanent. This rate does not reflect the resource base Iraq has…

Clare – Dinar Guru   Article: “The Central Bank of Iraq: We are proceeding with reforming the banking sector and call for reliance on official sources”  Quote:  “The Central Bank of Iraq reiterated its commitment to continuing the implementation of the banking reform program with full transparency, in order to achieve its aspirations for developing the banking sector and enhancing its presence and integration into the global financial system.“

Sandy Ingram – Dinar Guru  How do we exchange our [Iraqi dinar] banknotes that we have for the digital currency or whatever currency that would allow us to participate in the increase in the value of the Iraqi dinar?  We only have to look at Venezuela to see that there’s a possibility that we really could exchange our Iraqi dinars in the US banking system.    As we see right now the US banking system is gearing up to be able to facilitate Venezuela’s currency…We know that is happening.  We can only hope the same pattern would be followed with the Iraqi dinar…

Militia Man – Dinar Guru  Often you’re going to see that Iraq is a rentier state and…90% of all revenues are from oil.  That’s not anymore.  Article quote: “Iraq’s oil revenues which account for more than 84% of Iraq’s expenditures…”  That’s not 90%. 

Mountain Goat – Dinar Guru   Article:  “EXPERTS: “SECURITY GUARANTEES” ARE A PREREQUISITE FOR THE RETURN OF  INTERNATIONAL COMPANIES AND MISSIONS TO IRAQ”  This article could not articulate any better why Trump wants these militia and factions out of Iraq…this issue of the PMF [Popular Mobilization Forces] is of high priority and on the CBI list of the top five issue prior to any Reinstatement? 

Clare – Dinar Guru  Trump Truth Post confirming the Dinar Gurus’ Intel reporting the US flew billions in cash money to Iran “…when Barack Hussein Obama became President. He was not only good to them….giving Iran a major and very powerful new lease on life. Hundreds of Billions of Dollars, and 1.7 Billion Dollars in green cash, flown into Tehran, was handed to them on a silver platter. Every Bank in D.C., Virginia, and Maryland was emptied out...”