Militia Man – Dinar Guru Iraq is filthy rich. The have immense natural resources.
Militia Man
Clare
Clare – Dinar Guru Article: “What the barrel loses will be made up by the exchange rate. A look at the financial situation and the opportunity to change the dollar’s price” Quote: “If Iraq’s operating expenses stabilize at their current level of 300 billion dinars per day, which requires 85,000 dinars per barrel, this amount will not be achieved from the $58 per barrel unless the dollar exchange rate changes. Converting $58 to 85,000 dinars means that the price of one dollar should be 1,460 dinars. This is for the Ministry of Finance, i.e., the price at which the Ministry of Finance sells the dollar to the Central Bank. From the Central Bank to banks, it will be 1,470 dinars, and from banks to consumers, it will be 1,480 dinars per dollar. This option is now actually being considered in the political arenas…“
Pimpy
Pimpy – Dinar Guru Community Comment: “Pimpy doesn’t want this to happen.” What the hell are you taking about? Of course I do. Just because I don’t agree with what you’re saying doesn’t mean I don’t want it to happen. I’m just letting you guys know this is the truth about things.
Militia Man
Militia Man – Dinar Guru I’m getting very excited about what’s happening because I think there’s so many things out there that are tying this together that we’ve never seen before. It’s a bigger web. It not just about one country…I like what I’m seeing…
Clare
Clare – Dinar Guru Article: “Al-Sudani’s advisor: Iraq is experiencing a rare ‘price boom’ in its modern economic history” Quote: “This boom is driven by low inflation rates, a remarkably stable exchange rate, and improved unemployment rates, all due to effective coordination between monetary, fiscal, and trade policies.“
Sandy Ingram
Sandy Ingram – Dinar Guru You could end up in prison over your IQD profits and believing you do not need to pay capital gains taxes on your currency profits…The bottom line is you will owe capital gains taxes. [Dinar Guru Note: Some gurus feel capital gains, others feel ordinary income. Consult your tax professional at the appropriate time to determine the correct tax for your unique circumstances. In the end the only opinion that matters is the IRS’s]
Nader
Nader – Dinar Guru Some people are going to come out, they’re going to tell you something about the election has been postponed or something like that. It’s totally not true. It’s totally fake. If they go by the constitution they’re not allowed to postpone any election anymore. The parliament will be on 11th…
Mountain Goat
Mountain Goat – Dinar Guru I need to cover this bullshit about getting an 800 [number] to call to make an appointment to go exchange. …The banks will simply exchange your dinar at the bank, as they normally exchange currency…There will be no “special” 800 numbers…By the way there are no “exchange centers” either. That too is such nonsense…They may set up special rooms and hire additional personnel to handle peak loads of exchangers…This is why people call this a scam…But the investment is real…
Clare
Clare – Dinar Guru Article: “Iraq is the first Arab country to buy gold” Quote: “Salih, confirmed on Monday that Iraq has become the Arab world’s leading buyer of gold. He also noted that Iraq is working to localize the gold and jewelry industry within the country by launching the Global Gold City project…This city is expected to bring about a qualitative shift in regulating the gold and jewelry trade in Iraq in accordance with international standards,“
Militia Man
Militia Man – Dinar Guru When Iraq changed the value from 1450 to 1310, they just popped out and said, boom it’s done, no warning, they just did it effective immediately. They do it when they are going to do it. So, that’s why we are watching how far Iraq is, do they have all of their systems in place, electronic payments, cross border payments…it’s very complex.
Pimpy
Pimpy – Dinar Guru We need the Iraqi dinar to go get on the damn Forex. Once they’re on there, the restrictions will be removed.
Nader
Nader – Dinar Guru Iranians, I’m sure everybody heard about it already. They’re deleting 3 [4?] zeros from the currencies. That’s correct...Iraq is going to follow…That’s a great thing. It’s not bad…As soon as Iran delete the zeros Iraq is going to follow not even a week later…
Clare
Clare – Dinar Guru Article: “Iraq leads Arab countries in economic growth forecasts for 2026” Quote: “The World Bank forecast on Tuesday that the Iraqi economy will record the highest growth rate among Arab countries in 2026, at 6.7%, placing it first in the Arab world on the list of economic performances expected to grow next year.”
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “US military starts drawing down mission in Iraq” The Pentagon is pulling military personnel out of Iraq. The word on the street is ISIS would be unwise to test the Trump administration and have the US troop have to return to Iraq…Yet the news confirms Iran is expanding its shadow operations into Iraq. The United States has given Israel the green light to attack Iraqi militants. We don’t know for sure if Iraqi militants are Iranian citizens or Iraqi citizens. We just know they are Iran backed militants who live and operate in Iraq…I’m worried about Iraq.
Militia Man
Militia Man – Dinar Guru Remember, ‘delete the zeros’ off the currency as just a redenomination by itself without applying a real effective exchange rate is a wash. It’s basically like a reverse split in the stock market. You still have the same value. It’s not that good. But it has a psychological effect. It has ease of use effect. It has components that can have utility. But as far as value is concerned it doesn’t make a difference.
Pimpy
Pimpy – Dinar Guru Realistically in history of redenominations in which a country deleted zeros, it didn’t go quite the way you’re being told with Iraqi dinar. Nobody ever did a hike that high and left the zeros on. Never even once in history… That doesn’t mean Iraq might all of sudden become some special case and they go, ‘Hey…we’re going to leave the zeros on there. We’re going to change the exchange are to $3.22.’ We don’t know. Nobody knows...It usually doesn’t happen that way. I don’t want people to feel discouraged…just be aware that it might not happen the way things are going.
Nader
Nader – Dinar Guru Listen, if they didn’t care about this [RV] and they’re not going to do anything about it, they will not talk about it. They will not mention anything about it if it’s not important. Why a whole government …going to talk about something they’re not going to do anything about it? Would you do that? …Especially when they tell you it’s overrated. When it’s overrated at 3 or 4 to a dollar okay. But this is for 1310?
Mountain Goat
Mountain Goat – Dinar Guru We have to watch this process work it’s way out. We don’t need any knee-jerk reactions …the CBI is keeping the lid on this move. We must be patient and let it all play out. It is time and we have waiting for this event for so long but there are still steps to take to get what we want…
Militia Man
Militia Man – Dinar Guru When they do adjustments to currencies, Central Banks and the powers that be are very tight lipped about it and that’s why we don’t have a specific date and rate.
Clare
Clare – Dinar Guru Article: “In exchange for a second term, a politician reveals that Al-Sudani sent a delegation to Washington to normalize relations with Israel” Quote: “Al-Sudani sent a secret and unannounced government delegation to the United States of America to discuss an offer presented to Al-Sudani, which included recognition of the Zionist entity in exchange for a second term. This visit came to confirm Al-Sudani’s approval of the offer and to move forward with the stages of normalization according to the time frame set during the delegation’s meeting.”
Pimpy
Pimpy – Dinar Guru Iraq is doing very good to keep things stable…Al-Sudani has done a really good job but I’m really concerned about the election that’s coming up just because there’s always some kind of shenanigans that takes place. We need Al-Suani to get in there and get elected into office and do a full six years. That’s what we need.
Clare
Clare – Dinar Guru Article: “The Iranian parliament approves the deletion of four zeros from the national currency” Quote: “Members of Iran’s Islamic Consultative Assembly voted on Sunday on a bill amending the country’s monetary and banking law, approving the removal of four zeros from the national currency. The law stipulates that every 10,000 Iranian rials will be converted into one new rial, while retaining the name “rial” as the country’s official currency“
Sandy Ingram
Sandy Ingram – Dinar Guru We have millions of Iraqi dinar over here in the Western Hemisphere. The Untied States itself has billions of Iraqi dinars and so do other counties. This is an issue [overprinted dinar held in mattresses inside of Iraq] that will be solved but we have no idea when.
Militia Man
Militia Man – Dinar Gurfu Article: “Iranian Parliament approves the deletion of the 4 zeros from the national currency“. It’s about the Iranian parliament…This isn’t the first time we’ve heard this. Quote: “Converting 10,000 old rials to 1 new rial to simplify transactions amid hyperinflation and sanctions because it’s 900,000 rials to the dollar.” 900,000. Iraqi dinar is 1310. This isn’t Iraq’s path, but it shows regional currency reforms and efforts. Iraq is a totally different story. It has completely different circumstances. Definitely don’t compare the two like being one…Iran’s move addresses devaluation without a full revaluation. Iraq has 8% inflation in the first half of 2025 which is historically low…
Samson
Samson – Dinar Guru Article: “THE IRANIAN PARLIAMENT APPROVES THE DELETION OF FOUR ZEROS FROM THE NATIONAL CURRENCY“
Pimpy
Pimpy – Dinar Guru What is a redenomination? It’s when they change the whole look of their currency. Like I said, cross your fingers, we’d hope they don’t remove the three zeros and they change the exchange rate because then we get a whole lot more money back. But if they delete the zeros, your payday is not going to be as big as you hope it would have been.
Clare
Clare – Dinar Guru Article: “Washington warns Al-Sudani and bans him from UN meetings” Quote: “Washington…prevented Iraqi Prime Minister Mohammed Shia al-Sudani from attending UN meetings, amid threats of a US-Israeli strike against Popular Mobilization Forces (PMF) factions…A call between US Secretary of State Marco Rubio and al-Sudani prior to the UN General Assembly meetings revealed to him that there would be no agenda for him to work with US administration officials, due to the failure to take the measures he had agreed upon against Iranian-backed militias in Iraq.”
Mountain Goat
Mountain Goat – Dinar Guru Article: “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN ACCORDANCE WITH THE CONSTITUTION AND BUDGET.” The BEST part about this agreement is now the US Treasury can exchange our dinars for cheap oil credits, as planned, without sacrificing the entire Iraqi economy… You see there had to be this Oil and Gas agreement (HCL) first…Now you are going to see why it is so important to get this law in place…But remember too that the finalized law has not been submitted to parliament as of yet.
Pimpy
Pimpy – Dinar Guru Article: “Iraq’s gold reserves increase by 10 tons and its currency reserves decreased by $8 billion” You don’t want it to decrease. You need it to increase. The only reason you’d be spending your foreign currency reserves is if you’re trying to protect your currency…or if they had no choice but to use that money…with any kind of defect their having with their budget…Their expenditures are actually lower than their income. They don’t have a deficit that I could see…We know they have to be averaging $84 per barrel of oil so I’m wondering if this is being used to counter that…
Militia Man
Militia Man – Dinar Guru Article: “PRIME MINISTER : NATIONAL GOLD RESERVES REPRESENT AN IMPORTANT PILLAR OF FINANCIAL STABILITY” Iraq’s is no slouch with their gold holdings of 162 tons of it. Today, gold is about $3,885 per ounce. That is stability and the worlds central banks are very aware of it. Just as they are aware of over $100 billion in reserves and likely climbing. They have increased non-oil revenues and will continue more quickly into the future. All of which supports their exchange rate. Add in they recorded .8% inflation a historic low. Iraq is ripe for a REER..imo There is confidence everywhere we look…