Dinar Observer Daily

Militia Man – Dinar Guru  “Know Your Customer” [KYC regulations] is a big issue with banks.  I think people really ought to keep that in mind when there is a revaluation.  The banks are going to be wanting to know who they are are especially if you have a lot of money…Calm, cool, collected…very professional – What do you have.  What do you plan to do with it.  You’re  probably going to be asked a lot o question so be prepared for that. And like I said calm, cool, collected and professional is the best the best...

Kaperoni – Dinar Guru  Article: “Iraq moves towards energy independence: imports halted and export opportunities for petroleum products opened up”  

Sandy Ingram – Dinar Guru  Many will tell you we will be able to exchange the IQD at banks in the United States.  Hopefully so.  But what if we can’t?  What if Iraq, because of overprinting the money, only allows currency exchanges within the country or at International airport exchanges?  5 years ago when I first started talking about the IQD investment…I told you to get your US passport.  My message has not changed…We may not have to [travel] but it looks like we more than likely will have to.

Mountain Goat – Dinar Guru   I need to clarify this one more time since everyone is brainwashed on this Kuwaiti dinar and uses it as a justification for a like RV in Iraq. So, I want to emphasize that the IMF under direction from the UN “temporarily” took the KWD Kuwaiti dinar off of FOREX so Saddam could not use it to fund his army against coalition forces to throw him out of Kuwait. When the effort was over, they simply reinstated it. In FACT when they did reinstate the KWD, it was about 30 cents lower than before the takeover of Kuwait by Saddam. This is FACTUAL…Does this sound like an RV for the KWD? The KWD once  reinstated was driven by market demands and rose to nearly 9 USD before they took it off the float.  Again this was not an RV but short-term speculation. 

Militia Man – Dinar Guru    When Alaq changed the rate from 1450 to 1310 what did he say?  Immediately.  That’s what he did. <snap> Done.  That’s my expectation.

Mountain Goat – Dinar Guru    Will removing the zeros actually happen and we get the reinstatement in January 2026?  I can only report on what they say and then bump it up with my CBI contact. Our next step is to wait and see what happens. Again, nobody is going to know the actual target date but we might be able to come close...

Militia Man- Dinar Guru  The central bank governor told us more than once that the project to delete the zeros off the exchange rate is going to happen.  It’s still in process.  They’re working on it.  He can’t tell you exactly what’s going to take place but he can give you some information…If they do an adjustment, drop the 3-zeros from .00076 then…apply a real effective exchange rate based on fundamentals.   [The fundamentals] are off their gold, their reserves etc.

Mountain Goat – Dinar Guru   What you want to see is the nominal rate put back on FOREX when it comes out following the project of removing the zeros. It is the repegging to a new basket and off the sole peg to the US dollar that will allow for a very high rate to be announced on FOREX… they told us they do not plan to float once they remove the zeros (but will float once on FOREX).  The mere fact that they talked about not doing a float in the same articles about removing the zeros told us this FACT.

Militia Man – Dinar Guru   I look forward to seeing what transpires in the next couple of days or even at any time.  I think Iraq has really shown that the readiness of the country is explosive.

Samson – Dinar Guru  Article: “IMF FORECASTS: IRAQ WILL BE THE FOURTH LARGEST ARAB ECONOMY BY 2030“

Sandy Ingram – Dinar Guru   One of the reasons Kuwait’s currency value is so high is that you can’t get your hands on the currency.  The Central Bank of Kuwait has extremely strict controls over the Kuwaiti dinar.  You must also remember the Kuwaiti Dinar is traded on the Forex market.  Be aware Kuwait’s currency is hard to get…You have to travel to…Kuwait.  Iraq’s currency
is sold on the Internet.  It doesn’t take a college degree to figure out that Iraq is going to eliminate the financial threat of overprinted banknotes.  Common sense tells you that…Iraq has already said they need to get the money from under citizens mattresses and into the banks and it’s hurting the Iraqi economy because the citizens are holding the Iraqi dinar.

Clare – Dinar Guru  Article: “Iraq announces a new phase of security cooperation with America“   Quote:   “The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, announced on Friday that Iraqi and American officials are committed to laying the foundations for a new phase of security cooperation, stressing that consultations between the two sides regarding the future of the relationship between the two countries will continue“

Nader – Dinar Guru  Article: “Disruption of official working hours in Iraq from next Saturday to Wednesday”  They’re doing it for the election.  They’re going to stop schools and hours of work for three days all the way till Wednesday.  Have nothing to do with RV or anything like that.

Militia Man – Dinar Guru  I think it still could be 4th quarter 2025. Does the REER settle somewhere around 3 times SDR?  We’re going to find out…Every step of what I’m talking about is documented.  What they’ve been doing is primarily executed in my view already.  The CBI has reserves … $112 billion.  They have compliance through all the new systems, international standards…Their next move is going to be an effective adjustment like they did in 2023.  It’s going to be immediate.

Mountain Goat – Dinar Guru   …we should see some movement on the project to remove the zeros this month. Will Iraq begin the swap out of the three zero notes for the lower denominations soon? We read again in the news of the lack of liquidity in the banks…that nearly 90% of issued dinars are outside the banking system…still.  …I was told by my CBI contact that by removing the zeros should bring most of this currency into the banks. I was also told there will be an incentive to do so. We were told in the news from the CBI in connection with the article about removing the zeros, that this issue of lack of liquidity “would be resolved soon”…this was their words not mine…

Militia Man -Dinar Guru  Article:  “Prime Minister sponsors the singing of the ceremony with the mechanisms for the water cooperation agreement between Iraq and Turkey”  Water is a very big deal.  Historic oil deal done.  Historic water deal done. Now, are we going to watch for a historic revaluation?  The CBI deputy governor has talked about removal of zeros again.  Alaq is confirming that.  Also they talk about not floating the currency because it would be a peg or a managed peg/managed float, they have different names.

Mountain Goat – Dinar Guru   Question:  When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate?  Mnt Goat:  …the Project to Delete the Zeros is ONLY the first step of the process to get to FOREX and the dinar is still solely pegged to the dollar. It is to collect all the larger notes and issue the lower denominations. This is the purpose of this step. The CBI will be VERY concerned about inflation afterwards and so they told us there will be a period of time before they move to the next step. The next step is the REINSTATEMENT on to FOREX. The peg will change and the IQD will be repegged to a “basket” of currencies that will allow it to change drastically higher…This is how we get the rate we want. This is when we go  exchange.

Clare – Dinar Guru   Article: “Washington in the heart of Baghdad… Is Savaya close to influencing the formation of the next government?” Quote:  “The presence of the US envoy is an indication of Washington’s desire to follow political developments directly, ensure a stable political transition process, and maintain the balances it deems necessary to prevent the country from sliding into new crises.“​

Militia Man – Dinar Guru  What Alaq is talking about is that his reserves are safe.  The dinar is going to be rock solid…In my view Iraq is not waiting for a revaluation.  We are but they have been building an entire system that makes Iraq stronger, globally trusted and having a globally trusted dinar.  What’s to come is inevitable.  Ultimately you have the quiet holding of the blueprint which is the United States in the background.

Samson – Dinar Guru   Article:  “TRUMP’S ENVOY TO IRAQ, MARK SAVAYA, OFFICIALLY BEGINS HIS MISSION“

Nader – Dinar Guru  There’s no in country and outside country.  When you say international, when you put something international… they’re going to put it to float and all that, the rate will be same thing everywhere over the world…I never heard of contract rate or nothing like that before.

Clare – Dinar Guru   Article: “Economic: Liberation from dollar restrictions marks a new beginning for the Iraqi banking sector”   Quote: “approximately 90% of the Iraqi banking system remains subject to the restrictions imposed on dollar transactions…recent indicators are positive, and some banks are expected to begin gradually freeing themselves from these restrictions within the next three months.“

Militia Man – Dinar Guru  They’re taking about the delete the zeros project significantly lately.  They said it’s still in process.  They’re talking about a technical adjustment when they say things like that.  They’re not talking about a devaluation.  For crying out loud, they talked about a 20k coin…By deletion of the zeros off the exchange rate and applying a real effective exchange rate based off fundamentals is really important to understand that…The peg [to a SDR basket]…is stability.

Samson – Dinar Guru   Article: “An expert: 90 trillion dinars are hoarded by Iraqis and do not reach the banks”  Quote:  “The public does not only mean the people, but also the merchants, the contracting companies, and the industrialists,” explaining that “Iraqis hoard money instead of depositing it in banks, because our society likes to deal in cash and needs a long time to get used to electronic payment methods, in addition to the lack of trust in banks among some depositors after the setbacks that occurred in the banks.“

Mountain Goat – Dinar Guru   What will happen to the three zero notes?  To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background for financial institutions for larger cash transactions for international transactions,  such as trade deals. 250, 500, 1000, 5,000, 10,000, 20,000, 25,000, 50,000…  [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru  Note the 20,000 note has been added since this note does not yet exist in circulation in Iraq.  They now plan to launch that 20,000 note in 2025-2026 at the same time as they conduct the removing the zeros and launching the lower categories.  So, this is all we now know about this note. Don’t be scared about it. It is not going to affect the removing of the zeros…  [Post 2 of 2]

Clare – Dinar Guru  Article quote:  “…foreign reserves at their current level are sufficient to cover 18 months of imports. In addition, there is a gold reserve of 167 tons, ranking fourth in the Arab world and thirtieth globally according to the World Gold Council. This constitutes an important part of Iraq’s foreign reserves, recording a significant growth rate of 55% up to the first half of 2025, reaching a value of 22.8 trillion dinars compared to 14.7 trillion dinars in the second half of 2024. The safe investments of these reserves have contributed significantly to the growth of investment portfolios, accompanied by a healthy growth in returns to these portfolios.”

Nader – Dinar Guru  Sudani never promised before…   All what he come out, he said the dinar is stronger than the dollar.  All what he said.  But he never make the promise.  He said it will be stronger but he never gave a date, or before ‘this’ or before ‘that’.  No. 

Sandy Ingram – Dinar Guru  Five entities that could be accused of holding up the IQD revalue.  You decide who’s to blame.  1.  The United States because they keep insisting Iraq stop holding hands with Iran… 2. The IMF because Iraq has not yet checked all the boxes for economic stability outside of the oil industry.  3.  The CBI because the banking system has not yet fulfilled its obligation to bring the banking system into compliance with the international banking standards.  4.  The Iraq government because…they earn in US dollars but they spend in Iraqi dinar.  5.  The Iraqi people…because they refuse to put their banknotes or their currency into the bank. No central bank in the world can revalue a currency or control the flow of currency when they do not have access to the currency.  Two of these actors are more serious…the other three could be considered a work in progress.

Militia Man – Dinar Guru   Alaq…is talking final implementation.   There’s no more planning.  There’s no more trials.  It’s on.  It’s ready to go.  When he says, ‘within 5 years or sooner,’ that means anytime now…I think it’s their call now…’We’ll show you anytime we choose.’ …What I get from it is it’s not in the US Treasury’s hands anymore.  It’s not in the Bank of International Settlements hands anymore.  It’s not in the IMF’s hands anymore.  Why?  Because they probably gave them grace to do it.  Now it’s in their choice.  You’re ready.  You’ve proven you’re ready.  When it’s best for you, show it… Effectively it’s Iraq’s call now. [See Guru Militia Man’s “5-years” 11-1-2025 post below]