Dinar Observer Daily

Samson – Dinar Guru  Article  “US State Department : Our commitment to the relationship with the Kurdistan Region is firm“

Militia Man – Dinar Guru   Article:  “Iraq avoids the grey list”  Iraq was on a black list at one time.  Then they moved to the grey list, which we thought wow that’s pretty good, we’re moving forward.  Now they’re saying Iraq has avoided the grey list.  Quote:  “In a remarkable development the Anti-money Laundering and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month.”  Sounds pretty intense.

Nader – Dinar Guru  [Iraq former government/UN employee friend Imad from Basra update]  What happened to Kuwait basically is the same thing.  Whatever is happening to Iraq, it happened already to Kuwait.  After the war Kuwait went back to normal.  The American people who held and bought those notes when it was down made a lot of money.  That’s for sure.  Now the scenario is repeating itself with Iraq.

Samson – Dinar Guru   Article:   “Iraq avoids the gray list: temporary victory or the beginning of a new crisis?“

Clare – Dinar Guru  Article: ”Government Advisor: Al-Alaq’s upcoming visit to New York will support the protection and stability of the banking system”  Quote: “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh…pointed out that the file of the sanctioned banks requires negotiation due to the possibility of an error or exaggeration in issuing the decision to sanction them…There will be meetings held with the Federal Bank and the US Treasury Department at the end of this August“

Militia Man – Dinar Guru   Article quote:  “Central Bank’s inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass.”  They didn’t say dollars, they said the need for dinar.  Why would they need to have dinar?  Remember…they’ve been bringing in 25k notes because…they’re doing electronic.  All that money that comes in gets credited on cards.  They’ve been absorbing cash… [Post 1 of 2….stay tuned]

Militia Man – Dinar Guru  What were they doing in the background?  They were destroying money…They didn’t tell you how much money they destroyed…But they’re saying they’re having a problem with liquidity…a problem…to meet the need for Iraq dinar…They’re going to need money to be replaced.  Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money… make it into pellets for burning, when you’re going to go and create new 25k notes.  Does that make any sense to anybody?  Do you think they built that big, huge massive building…to have more inflation and a cheaper exchange rate less that 1310?  That’s what they would be doing…That doesn’t make any sense whatsoever.  [Post 2 of 2]

Militia Man – Dinar Guru  All the calls for Alaq to leave his post – They came at him all week last week.  But guess what, he’s still in his position…When they treated his incompetence it’s obvious they have an agenda.  They’ve been…trying to get him gone for over a year and haven’t been able to.  It’s obvious the US, the US Fed and Al-Sudani feel it’s not necessary or they would have probably done it already.

Clare – Dinar Guru  Article:  “urgent… In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003”  Quote:  “this rate will rise in the coming months with the Central Bank’s inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry’s expenditure needs.”

Samson – Dinar Guru  “Al-Sudani’s advisor announces: Two missiles have returned negotiations to the US forces’ withdrawal to square one”

Breitling – Dinar Guru  We [The United States] are circling the wagons. If we circle the wagons we’re going to cut the economy off of Iraq and we’re going to make them hurt.  That’s not good for the Iraqi dinar.

Militia Man – Dinar Guru  Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days”  To be fair, that statement could be misleading because it’s not Iraq’s job to do anything to the United States currency value.  They don’t have any control over it, period.  But what they do have control over is the dinar, that petro-dinar.  They can change the value of the currency.  Alaq said the delete the zeros project is still in play…If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change.

Samson – Dinar Guru  Article: “Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days“  Quote: “The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days.”

Nader – Dinar Guru  The U.S. is not a hold up.  You guys can call it like that but the US is not a hold up.  They want to really help the economy in Iraq.  Because they destroy it, now they want to build it again.  They’re waiting for the right moment to put it back normal.

Jeff – Dinar Guru   The middle of Iraq’s fiscal budget period…has everything to do with the timing of the rate change…

Militia Man – Dinar Guru  Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Saleh…is educating the people…They’re keeping it fresh in the citizens minds as there’s a likelihood there’s going to be a big change coming.  That will likely reflect the flexible exchange rate system.

Clare – Dinar Guru   Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales”  Quote: “Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous“

Samson – Dinar Guru  Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales“

Mountain Goat – Dinar Guru   Article quote:   “that the government is demanding guarantees for non – substituent currency back to the markets”.  This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?

Militia Man – Dinar Guru  Just because you’ve been in it 20 years doesn’t mean anything to me.  I love you and I care about that.  I respect it but if you’re down and out all the time and you’re saying, ‘I’ve heard this before.‘ It’s not true.   Don’t lie to yourself.  All this data we’re having right now is fresh.  It’s new.  It’s totally different than it was 20 years ago, 10 years ago, since Sudani got in office…Everything we’re showing is in black and white. A lot of people out there have a darn good idea that change is coming…

Breitling – Dinar Guru  The idea of talking about the governor of [the CBI] resigning is a big deal.  Who knows they might turn this thing around.  We don’t expect perfection but we’re done with the money laundering.  We’re done with terrorist groups using Iraqi banks.  We’re sick of it so we’re going to stop it.  Republican or Democrat, just so you know, we’re going to stop it.

Sandy Ingram – Dinar Guru  Iraq just delayed the US group exit.  It’s a big deal.  Iraq has chosen to delay the announcement of a departure date for the US-led military coalition.  This comes amidst escalating tensions between Israel and Iran…Currently around 2,500 US troops remain in Iraq…This delay in setting a withdrawal date underscores the Iraqi government’s challenging position amidst internal and external pressures.  Stay tuned for more updates as this situation continues to unfold.

Mountain Goat – Dinar Guru    Article:  “BANKS OF “POWERFUL POLITICIANS” AFFECT EXCHANGE RATES, IRAQ FACES “INTERNATIONAL PRESSURE”  The US Treasury is now parked in the CBI building and is not going anywhere until the dollar sales is controlled and the parallel rate matches (or is very close to) the dinar rate… this move by the US Treasury was so that they could move to the next step of the currency reform. So it is a very positive thing for us investors…

Clare – Dinar Guru  Article: “Trade discusses the mechanism for Iraq’s accession to the World Trade Points Federation”  Quote: “The Private Sector Development Department discussed with the Departments of Foreign Economic Relations and Administrative and Financial Affairs at the Ministry of Trade, the mechanism for Iraq’s accession to the Federal Union of World
Trade Points, the legal procedures for joining, and the benefits that the Iraqi sectors will obtain.“

Militia Man – Dinar Guru   Article: “US Treasury takes control of Iraq’s Central Bank to combat money laundering”  They said that on August 3rd.  It’s confirming the US Treasury Department has taken permanent headquarters in the Central Bank of Iraq building.  Why in the world would they do that if there wasn’t something important…They’re going to put the fire under them… Quote: “The central bank was forced to allocate…” Those are pretty heavy words.  Powerful.

Babysmom – Dinar Guru  WE SURELY ARE NOT IN THE SAME POSITION WE HAVE BEEN IN PAST YEARS…THIS IS DEFINITELY A DIFFERENT PLACE THAN WE HAVE EVER BEEN...OUR BEST IS YET TO COME!…

Militia Man – Dinar  Corruption…At the very last minute you’re going to do something that’s dramatic and you’re going to create value, you’re going to want to have all the bad folks under the gun and maybe even notified prior to that we got your number…

Mountain Goat – Dinar Guru   Article quote:  “introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years”. How can this possibly…“lop” when they will continue trade and use these larger three zero notes in the background for 10 more years after they complete the Project…So no more negative stuff about a LOP…please!

Militia Man – Dinar Guru  What I bring has data behind it.  I’m not just making it up or just getting phone calls.  I’m actually doing the work.  I put it together.  It takes a lot of time to put all the work together.  I like doing it because it does help so many people…You’re not the only ones that are tired.  Everybody in our crews can be tired at times.  We all need to support…

Nader – Dinar Guru  [Iraq former government/UN employee friend Imad from Basra update]   Question:  “The Untied States, do they have anything to do with the Iraq currency?”  Of course, yes, they control it.  They have some interest between the two countries.