Dinar Observer Daily

Mountain Goat – Dinar Guru  The news just keeps getting better and better. …my CBI contact again confirmed to me that this meeting of Iraq with the Whitehouse had to take place and could be seen as a healing meeting between the two countries. One issue was of course the status of leaving or the pullout of US forces. This issue is clear, as the US forces do not plan to leave Iraq again and destabilize the middle east, especially in these turbulent times…don’t worry it is not going to happen any time soon as long-term plans are being negotiated to give Iraq what it wants and give the US what it wants…

Pimpy – Dinar Guru What is the deletion of zeros of currency?  An action aimed at increasing the nominal value of money.  Nominal value, NOT the exchange rate. Re-denomination, that’s what this is.  What is lopping off zeros?  Same thing.  Changes the nominal value.  What is the removal of zeros off currency?  ...Also known as deleting of the zeros…Re-denomination.  What is reducing of zeros off currency?  Re-Denomination. I’m telling you guys all those things are the same thing…You remove the zeros off the currency and when you do that .00076 will be .76 but it doesn’t change the value of your currency versus other world currencies.  That stays the same.

Samson – Dinar Guru  Article:   “The Iraqi Private Banks Association praises Al-Sudani’s visit to Washington“

Militia Man – Dinar Guru   [Iraq] is now in a security and stability and debt free state and now they’re going into a state of expansion on their economic reforms, development programs, sustainable development…all of the things we’ve been talking to you about are coming to fruition.  They’re not going to do that at 1310…

Paulette – Dinar Guru   Article:  “Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy”  Quote: “The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries…ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship…In a way that allows Iraq to assume its pivotal role in the region.”   As I have been stating…Iraq needs the US Guardianship to end!! (UN 1483)

Pimpy – Dinar Guru Really  great news came through today… Article “After 21 years of dollar actuation Iraq is approaching the window closed amid reassurances and warnings”  Iran was using Iraq’s currency auction to funnel the dinar into Iraq for the US dollar…The goal is to have the currency auction ended by the end of this year.

Samson – Dinar Guru  Article:   ”Al-Sudani receives in Washington the Chairman of JPMorgan“

Pimpy – Dinar Guru  Community Comment “When Donald Trump was president he had an interview on national television  with Laura Ingram and he said to the nation just how much dinar currency the United States owns.”  Did he?  Is that what he really  said? Trump interview quote “We have a lot of their money.  We have $35 billion of their money right now sitting in an account…”   He wasn’t talking about they were holding Iraqi dinar.  We were holding Iraq’s money period.  We had their DFI account as well as  all their foreign reserve currencies.  That’s the money he was talking about...

Militia Man – Dinar Guru  The 2023/2024 budget hasn’t been sent to the HOR yet but they’re saying in the coming  weeks...There’s time constraints on getting things done…They can’t likely expose an exchange rate to the House of Representatives before they give it to them, they just can’t do that because that would leak around, it would get out and it would be a disruption.   But…they have to give them that information because it’s a legal component.  If they do what they say they’re going to do and get an exchange rate out…it’s likely going to be before that happens.

Clare – Dinar Guru  Article: “Saleh: The budget tables are almost complete and will take into account urgent  circumstances and variables” Quote “The financial schedules prepared for the year 2024 will take into account the urgent economic  and social conditions and changes required by the need for economic development in the year 2024...”  

Samson – Dinar Guru  Article:  ”After 21 years of the dollar auction… Iraq is close to closing the window amid reassurances and warnings“

Pimpy – Dinar Guru  There’s more than just paying attention to what’s going on in Iraq.  When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue…You’ve got Iran bombing Israel.  We’re just waiting for Israel to retaliate.  That’s just going to provoke things even further along.

Militia Man – Dinar Guru  They just said they’re going to decrease the value of the dollar, which doesn’t make any sense.  How is Iraq going to decrease the value of the dollar?  The only way they can do that is if they increase the value of their currency because the United States dollar is…the most prolific currency in the world.  The volume traded is the largest in the world…

Clare – Dinar Guru   Article:   “The Sudanese advisor expects the dollar to decline after the Washington discussions”

Mountain Goat – Dinar Guru  I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process…). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations. The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out…You should be excited…with FACTUAL knowledge…

Militia Man – Dinar Guru   The final provisions of the SFA are on the table…Security is set.  The economic aspect is underway.  We’re going to watch al-Sudani finish up his signing of contracts…  I can’t imagine …how are you going to fund all this with an exchange rate of 1310 IQD to the USD?  And how is it that that you’ve said the Iraqi dinar, Mr Al-Sudani, is stronger than the dollar?

Clare – Dinar Guru  Article 1 “Kurdish MP: Sudanese success in the dollar crisis is the most important step in his visit to Washington”  Article 2 “Allawi: The Prime Minister’s dialogues with the US Treasury will address the government’s steps in financial reform“

Fnu Lnu – Dinar Guru  The United States will NOT… repeat WILL NOT….be leaving Iraq now or in the future. The power vacuum WILL be filled by Iran and only a fool would want the US to leave IRAQ!

Nader – Dinar Guru   I believe it’s going to change, when it’s ready to happen.  That’s it.  When you see the coalition leave…the government of Iraq sovereign and nobody control it and when you see a new dinar that’s when the exchange rate will change.  Simple as that.

Sandy Ingram – Dinar Guru  Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States.  Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S.  The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world…

Militia Man – Dinar Guru  Al-Sudani’s visit to the White House…we know he’s already done that…They brought about 130 different people with them.  I think they said three planes worth…That [Large] motorcade yesterday in WDC was so very telling in just how important today and tomorrow will be. If you are not excited by now? Wake up!

Clare – Dinar Guru  Article: “Prime Minister Muhammad Shiaa Al-Sudani met this Monday evening (April 15, 2024) with US President Joseph Biden at the White House in Washington, DC.  Al-Sudani said during the meeting, “We are working to move from the military relationship to a full partnership with the United States.”

Mountain Goat – Dinar Guru  Article:  “IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH”  Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more…

Clare – Dinar Guru  Article: “His advisor: Sudanese attention will focus on the economy during his meeting with the American President”  Quote:  “Counselor Saleh believes that the economic aspect (investment, development, and financing) will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the program.”

Militia Man – Dinar Guru  Article:  “Sudanese visit..Government advisor: The economy with America will be activated on a large scale for the first time”   The red carpet is laid out for Iraq and the news we see is phenomenal … That motorcade shows it. This is not a shun like we saw with Haider al-Abadi on the White House lawn.. A stark and profound difference today is and it is a good thing!

Mountain Goat – Dinar Guru  … I am not sure why, but this Kuwaiti dinar has been in the news so much lately…Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar.  Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading. Does this mean the Kuwaiti dinar could also revalue? …quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25…”  …Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? …we can clearly now see something BIG is about to happen to these currencies.

Sandy Ingram – Dinar Guru  On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House.  This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

Pimpy – Dinar Guru  Iraq is right on track to do some great things.  They’re going to continue to do that.  Let’s get this coalition forces out of there plus the United States military, which is why I think Al-Sudani is coming over here to talk to the president to see about getting these people out of there and leaving Iraq on it’s own devices.  We’ll see what happens from there…

Clare – Dinar Guru  Article: “Iraq 24 sources: Al-Sudani will meet a delegation from the Energy Companies Complex in Houston, which includes the largest oil, gas and alternative energy companies“

Militia Man – Dinar Guru  [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE…big oil companies…big solar energy…They’re looking to get people in the steel industry, rebar industry, cement companies because they’re going to need more than Iraq has on the ground.  They’re going to want the support from around the world and Al-Sudani is stating he’s ready for business and opening to the world.