Dinar Observer Daily

Pimpy – Dinar Guru  When the United States started bombing Iraq, my concern was Iraq does not get sucked into this.  So far they’ve been very good about avoiding any conflicts that are around them.  I’m hoping that continues…Even though he’s not been voted back into the prime minister position, al-Sudani is doing all he can to make sure Iraq does not get dragged into any conflicts whatsoever…

Clare – Dinar Guru   Article: “Washington: Oil tankers have begun crossing the Strait of Hormuz, and the war could end within weeks“

Jeff – Dinar Guru   We just got to see what happens with the war.  Then…we can…have a better gauge and time frame on the rate change …The war might end…anywhere from this week to three more weeks after this.  We don’t know.  It’s anytime the war can end.  Trump’s been stating Iran has been annihilated and decimated, but at the same breath, Iran is still able to launch missiles.  So they’re not completely annihilated and decimated.  So we have to see if Iran reaches a point where they’re no longer able to launch off any missiles.

Sandy Ingram – Dinar Guru  For the longest, Baghdad has been dragging its feet about the oil pipeline in the KRG region that leads to Turkey and then to the Mediterranean Sea.  But now because Iraq is having serious troubles exporting oil through the southern terminals they are working on fixing the pipeline between Iraq and Turkey…90% of the government’s revenue comes from oil exports.

Clare – Dinar Guru  Article: “The Sudanese government has ordered the prosecution of those responsible for the attacks on the US embassy and facilities, and the accountability of those who failed in their duties”   Quote: “The Commander-in-Chief of the Armed Forces, Mohammed Shia Al-Sudani, issued firm directives today, Tuesday, to all security and intelligence agencies to track down and pursue the perpetrators of the attacks that targeted a number of vital installations, facilities, and diplomatic missions.”​

Militia Man – Dinar Guru  Digital dinar, ISO-2022, global integration…integration in a REER tie-in, reliable Cyan flow plus higher capacity…diversified inflows and padding for their reserves – all foundational for a managed REER adjustment.  And shows Iraq is resilient amid conflict.  Gatekeepers and investors will still see stability and growth potential…I see this as promising, oil flow resuming through Cyan with full capacity at 1 to 2 million barrels per day…I think this is big.  I think this really positive.  Even during mid-conflict these guys are still showing signs they’re not stopping.

Steve – Dinar Guru  You most likely hold Iraqi dinar and you most likely have been told by people in your circle, maybe friends, maybe family, that you are absolutely crazy or you’re stupid for believing that whatever amount of Iraq dinar you own could possibly turn into hundreds of thousand, if not millions of dollars through a possible currency revaluation…I’ve owned Iraqi dinar now for 15 years and I have not told anyone.  The only people who know that I’m invested in the Iraqi dinar is my dad because he was the one who originally told me about it…even though I pushed back for quite a while telling him I thought he was crazy...Even my own wife thought I was a little crazy for believing this relatively small investment could turn into millions of dollars down the road.  [Post 1 of 2….stay tuned]

Steve – Dinar Guru Over the last month or so I started sharing about the Iraqi dinar with a few close people in my family because I felt led to do it.  I don’t know why, maybe because I believe in my spirit we are closer than ever to a dinar revaluation and I felt led to text a few of my close family members asking them, ‘Do you know anything about this, have you heard about this?‘ …They were like, ‘That’s the dumbest thing I ever heard of.’, which is the reason I hesitate to even tell people about the Iraqi dinar because I don’t want to deal with people pushing back or think I’m crazy…Ultimately…when you look at ‘logical things’ or ‘practical things’, it makes sense to invest in that because it’s practical, logical. But you’re probably not going to have the ROI you’re hoping for unless you step out of your comfort zone and unless something seems a little bit crazy.   [Post 2 of 2]

Militia Man -Dinar Guru  Digital dinar, ISO-2022, global integration…integration in a REER tie-in, reliable Cyan flow plus higher capacity…diversified inflows and padding for their reserves – all foundational for a managed REER adjustment.  And shows Iraq is resilient amid conflict.  Gatekeepers and investors will still see stability and growth potential…I see this as promising, oil flow resuming through Cyan with full capacity at 1 to 2 million barrels per day…I think this is big.  I think this really positive.  Even during mid-conflict these guys are still showing signs they’re not stopping.

Clare – Dinar Guru   Article:   “The Central Bank of Syria announces developments regarding the replacement of the Syrian pound and the date for activating its account with the US Federal Reserve”  Quote:  “The Governor of the Central Bank of Syria, Abdul Qader al-Hasriya, confirmed that Syria’s account at the US Federal Reserve Bank is now ready and operational and will be activated soon, following intensive efforts that began last July as part of Syria’s reintegration into the global financial system…the announcement of the reactivation of the account was met with a direct welcome from the US Treasury Department and the US Presidential Envoy, who described the move as historic …Having an active account at the US Federal Reserve Bank allows Syria to return to the correspondent banking system…Regarding the replacement of the new currency…about 40% of the circulating cash mass of 42 trillion old Syrian pounds has been replaced…noting that the process is proceeding smoothly and is expected to accelerate after Eid al-Fitr.“

Samson – Dinar Guru  Article:  “AN EXPERT EXPLAINS THE BENEFIT OF HIGH OIL PRICES ON IRAQ AND EXCLUDES ITS IMPACT ON LOCAL CONSUMPTION“

Mountain Goat – Dinar Guru   There is a tremendous opportunity under the current president Trump administration to finally get this currency reform project done.  We can see the writing is on the wall to reinstate the dinar but these Iranian issues must resolved first if the US is going to work with Iraq to rebuild its economy. Trump is not about to have American companies come into Iraq at the level needed to support the massive rebuilding of their economy without security and stability. We can clearly see these Iranian issues are coming to the forefront now and being exposed for what they really are. This is a good thing…a VERY GOOD thing! 

Jeff – Dinar Guru   Article Quote:  “The goal is to reduce dependence on oil revenues which currently dominate the national budget”  Remember that is a World Trade requirement for Iraq, to have more than one revenue stream…They’ve got to have taxes…tourism…exports…All of this is required World Trade step to join…We’ve got to see the war end.  We’ve got to see Iraq finish the formation of the government…It can finish and form very quick and it can all happen in March…

Militia Man – Dinar Guru  Article quote:   “The US President warned January 27th if Maliki is reelected, America will no longer provide aid to Iraq.“  Everybody in the whole country realizes that whatever aid they get and how important it may be that if the people [Parliament] decide to do it.  Remember the people [citizens] voted for Al-Sudani in bulk, not Maliki…

Mountain Goat – Dinar Guru   The RV…will NOT happen until the issues with Iran are settled, per my CBI contact…We know this wealth transfer is coming and the RV is part of it…

Clare – Dinar Guru   Article  “Iraq and the risks of closing the Strait of Hormuz: financial repercussions and strategic options”  Quote:  “…A decline in oil revenues…could impact Iraq’s foreign currency reserves at the Central Bank of Iraq, estimated at approximately $110-115 billion. The government might be forced to draw on these reserves to cover current expenditures and maintain the stability of the dinar’s exchange rate.“

Jeff – Dinar Guru    When the US/Iran tensions started increasing, escalating that’s when out of nowhere Iraq had to introduce a delay because they’re not ready to go international until the US/Iran war is done.  Because Trump made it very clear that he will not tolerate Iranian influence within Iraq.  So you’re seeing a delay…Once the war ends, they can form the  government… leading to the rate change and going international.

Militia Man – Dinar Guru  As for the comments by the IRG that Hormuz is closed.  It was recently but not totally.  Traffic has been reduced for commercial tankers, yeah sure.  That is presently being addressed as US naval operations are in place to get things more active.  Insurance issues have been taken care of…Long-term closure is highly unlikely for the Strait of Hormuz.

Clare – Dinar Guru  Article:  “Bloomberg: Iraqi oil production has collapsed by about 60% due to the war” Quote: “Bloomberg noted that Iraqi oil production has fallen to 1.7 million barrels per day“

Jeff – Dinar Guru   I want you to realize how close you are to the rate change.  When you look at this more from the angle of what they’re doing versus what they tell you, you can see how close you are to the timing of the rate change.  When the war ends, they can quickly form the government…After the president is done and voted in there’s only three pieces left.  Announcing the prime minister, the prime minister completing his cabinet and then a final parliamentary vote and approval on his cabinet…If they extend Sudani’s term you get all three final remaining steps done which would allow them to potentially revalue in the remaining month of March.

Militia Man – Dinar Guru    Fundamentals are ready for the REER – real effective exchange rate.  They have the revenue streams… electronic payments…the ASYCUDA.  All of those things you should be paying attention to…I think the foundation for the country is 100% solid and it has been for some time but they needed to massage things along…I think the execution phase is underway.

Jeff – Dinar Guru   No body can tell you when the rate is going to change.  Right now it can be March.  It can be April.  It’s based on how long the war takes and how long it takes for Iraq to move forward with the formation of the government.  That’s what all this hinges on.

Samson – Dinar Guru  Article: “IRAQ’S OIL REVENUES EXCEED $6 BILLION IN ONE MONTH“

Sandy Ingram – Dinar Guru  I want you to truly understand the situation Iraq is in.  Iraq’s economy is based on US dollars…They trade mass amounts of monies across the border from Iran.  Iran also provides electricity to keep the lights on in Iraq.  Iran is also intertwined into Iraq’s government…Iran…is sending missiles to the Kurdistan region really, really bad and also attacking Basra in southern Iraq…the most painful for the entire global world is shutting down the Strait of Hormuz…Iraq does not want to hurt Iran’s feelings.  If you were in Iraq’s shoes I don’t think you would either.  But Iraq cannot afford to upset the United States.  There’s $100 billion dollars in their Federal Reserve account in US dollars…

Militia Man – Dinar Guru   Real effective exchange rate as a simple adjustment can…be simple and electronic.  The digital infrastructure …allows instant nationwide propagation.  There will be no need for massive physical note exchanges...The CBI can adjust the rate with minimal friction.  The system is already tested for large-scale electronic transactions.

Jeff – Dinar Guru    We all want to know when the rate is going to change.  Let’s talk about not only when the rate is going to change…but what’s really happening…Are they even having sessions of parliament?  Is the government doing anything?  Absolutely not.  Zero in Iraq.  They’re not doing anything right now…The formation of Iraq’s government is the lynch pin to the rate change…The formation o Iraq’s government gets them back on the world stage.  It’s a critical level of stability needed…

Mountain Goat – Dinar Guru  I encourage you not to give up. Iraq will reinstate the dinar and Trump will move ahead with his plan to revitalize the middle east and Iraq is a huge part of the plan. The Iraqi dinar is going to be a hinge-pin of a new basket of currencies. This new basket will support many currencies…

Mountain Goat – Dinar Guru  Can the Coordination Framework still be able to pick their candidate or is this now not allowed since they already pasted all the constitutional deadlines?  Parliament turned this over to the Judiicary to decide what to do next. If it is to be enforced, we can be assured that al-Sudani will be the candidate, since his party has the largest winner in the elections, as the ruling states….according to this ruling, al-Sudani is already now the candidate. If this ruling holds true the Coordination Framework no longer gets to choose the nominee... WOW! WOW! WOW! again…  [Post 2 of 2]

Samson – Dinar Guru   Article:  “MINISTRY OF FINANCE: IRAQ’S REVENUES EXCEEDED 124 TRILLION DINARS DURING THE YEAR“

Militia Man – Dinar Guru    Iraq is ready now for integration.  The CBI’s actions show the sectors being prepared for the next level.  They have a stronger capital base, better ability to finance trade projects.  It had digital upgrades…seamless integration with Swift MX, ISO-2022 and future CBDC corridors.  Compliance enforcement meets the gatekeepers (IMF, BIS, FATF -Financial Action Task Force) standards.  This positions Iraq to handle large-scale capital flows…without systemic risks, meaning integration for the WTO, capital markets and their REER (real effective exchange rate) readiness.  It all can proceed when prudent.