Dinar Observer Daily

Kaperoni – Dinar Guru  Community Comment “The US is
allowing the dinars (we hold) to go directly to the us treasury against the Iraqi debt to the US.”  Bullshit.

Breitling – Dinar Guru    There’s nothing wrong with cheering the dinar is going to revalue.  There’s nothing wrong with being wrong if it doesn’t revalue.  BTW I don’t think I’m wrong.  It’s a principled based investment and there’s plenty of future coming for the Iraqi dinar.   Trust me, there     just is…

Kaperoni – Dinar Guru  Community comment “Who cares what the Dinar is for, as long as long as the Treasury wants it from us.  This is what Kap has missed all these years.  EO 13303 says it all”  13303 has nothing to do with the dinar. I’ve been studying Iraq for almost 18 years, you’ve been misled… Unlikely your dinar will ever go to the US Treasury. Various other central banks around the world, maybe.

Pimpy – Dinar Guru  Article: “Record number of new firms seen in eight months”  This is great news for Vietnam, their economy as well as their currency.  As long as the economy continues to get strong we will see the exchange rate increase over the US dollar.

Militia Man – Dinar Guru  It hasn’t been their job to tell us everything.  It’s because we’re outsiders.  It’s their country and they keep it to themselves as best as they possibly can.  We should be able to understand that that’s a big component of this whole process…

Mountain Goat – Dinar Guru   …according to my conversation with my CBI contact in Iraq…I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq…There is still work to be done in this area. It was also confirmed to me that the CBI did intend to conduct the project to delete the zeros sooner than later but there are obstacles to moving ahead that still need work. [post 1 of 2]

Mountain Goat – Dinar Guru  Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But…They have told me over and over again that when they get ready to do it there will be no secrets to the progress of the project to delete the zeros. This step will be announced and shown to the world… But here is the good news, The “secret” lies…in the redenomination in that the next step afterwards is the reinstatement and the liberalization of the dinar back to its “former glory”.  [post 2 of 2]

Kaperoni – Dinar Guru   I have always believed the dinar can rise in value significantly but it’s not going to happen overnight.   If the dinar is going to rise it will rise gradually as a result from the success and growth of Iraq’s own economy…private sector investments and of course an increase in their GDP.  In order for that to work Iraq needs to make the dinar their main currency in Iraq…and implement their new Securities Law…and they can begin to float the dinar…

ToyVP – Dinar Guru  Article:  “Iraq rises to 49th in global economies ranking for 2023”  Quote:  “Iraq has climbed to the 49th position in the list of the world’s largest economies for the year 2023, a notable advancement from its 52nd rank in the previous year, as per a report by the International Monetary Fund (IMF)…Iraq has secured the fourth spot among Arab countries for the second consecutive year.”

Samson – Dinar Guru   Article:   “Iraqi-American” judicial negotiations to extradite those accused of “theft of the century“

Militia Man – Dinar Guru  What’s this business about this 1132 that Alaq mentioned?  Alaq is the central bank governor…He said the official exchange rate for the Iraqi currency is 1132…A lot of people are going, ‘Well that’s not true!’.  The fact remains…he said it...as the official rate of the Iraq dinar but it’s not on their website.  I’m not making it up.  I’m not giving you accusations…it’s proved…

Pimpy – Dinar Guru  The future looks promising for Iraq it’s just that every time we try to get to a good point one thing after another pops up preventing Iraqi people from being prosperous.  But I still have faith in Iraq and I still keep their currency and so should you…I believe the Iraqi dinar will go up in increments.  I still believe that today and I will still hold on to my Iraqi dinar because I do think it’s a good investment.

Sandy Ingram – Dinar Guru  Article:  “CBI Governor Receives World Bank Delegation”  The Central Bank of Iraq received high-ranking World Bank delegation headed by the Vice President of the World Bank for the Middle East and North Africa…They discussed the Central Banks of Iraq’s money transfers in compliance with International standards…

Militia Man – Dinar Guru  You’re going from an old style to a new style in this new world economy…the triple zero notes aren’t going to be a thing of the future.  They’re going to be a thing of the past…

Mountain Goat – Dinar Guru  …over the years we have seen the dinar rate change but this is an “artificially” manipulated rate and not a “free” float. This is important concept to understand. A free float is subjected to investors buying and selling a currency or stock on the open and free international market. The demand drives up the rate…

Breitling – Dinar Guru  Warka Bank…what’s
happening is the Central Bank of Iraq has told Warka you guys need to
come up with $500 million in assets…or 50 billion in dinar. 
Otherwise you’re going to get liquidated or merged with another
bank…Your dinar is covered.  It’s insured.  It has nothing to do
with anything.  That’s what’s going on with Warka.

Pimpy – Dinar Guru  Iraq still has sanctions on their money, which is a big deal to us because if you are invested the currency it makes it really hard for the currency to go up in value when there are certain types of sanctions on there…Yes there are sanctions…which means every time Iraq does something with their currency they have to clear it first with the United States…

Militia Man – Dinar Guru  Article:  “Kurdistan Presidency Office: Baghdad’s failure to send financial dues to the region is unfair”  There is far more to this story in this than what meets the eyes. They’ll need the salaries quickly or it is going to get iffy.. lol   We can see that there is a reason for them not getting the salaries yet. They’ll need the new exchange rate to be allocated.. imo.. Seems fairly obvious now.

Mountain Goat – Dinar Guru  I presented scenarios to you in the past about the rate of these 3 zero notes…the rate is already close to 1:1 only they added 3 zeros to the currency.  By adding these three zeros it circumvents any real profit for us investors until they delete the zeros and issue the newer notes.  Our 3 zero notes then will still be valid currency, thus we multiply the new rate times the notes face value.  [post 1 of 3]

Mountain Goat – Dinar Guru  The IMF and the CBI told us years ago they are not going to swap out the 3 zeros notes for the newer lower denominations at a fraction of the value. The 3 notes will be “legal tender” for up to 10 years but not in general circulation and used primarily for interbank transactions...The banks call this “public” vs “institutional” use.
[post 2 of 3]

Mountain Goat – Dinar Guru  This is why we need them to issue the lower denominations. So, when they do reach around 1000 program rate (probably more like just under 1000) they plan to drop the zeros. The rate then changes by just moving the decimal place over by 3…It is really that simple…this in-country RV rate will not remain long. They will then move to FOREX after waiting a period of time as they “adjust for inflation”, which they are now doing. This is right out of Dr Shabibi’s plan. In each country, for instance the USA, will have an exchange rate for the dinar based on their economy and currency being exchanged.  [post 3 of 3]

Breitling – Dinar Guru   Can Iraq revalue in World War III?”  It leads to the understanding we are in WW III.  We are in an indirect conflict with Putin.  We’re doing our best, all sides, even the other side, making sure we don’t get in a direct conflict.  Then it would get really really bad.  I don’t see us getting into direct contact…Do not worry about Iraq if they can revalue under these situations, because it can.

Pimpy – Dinar Guru  We know Iraq is being pushed through the World Trade Organization.  Their application and their ascension into the organization is moving quickly which would be a huge boost to Iraq and their economy.  

Mountain Goat – Dinar Guru  no one…can tell you the date of the RV?  In fact, I don’t even think the CBI knows until they get closer.  But what I do know…is that the CBI is still planning to conduct the project to delete the zeros and to follow that forward with the reinstatement of the dinar back to FOREX. They are working through a plan…

Militia Man – Dinar Guru  We can see there’s a push now to get the projects…up and and running.  There’s going to have to be spending …but we haven’t seen it openly yet.  This is all about Iraq’s future.  They’re going to need to be Article VIII complaint exchange rate fairly quickly…

Randy – Dinar Guru  Question:  “Many countries have a horrible exchange rate and business still work with them and then exchange. So why would this be any different for Iraq?”  When I traveled to say Brazil and got more than 3 Reais at the border crossing for $1, and traveled more, boy I felt American strength.  Trade is likewise.  When I traveled to England, though this was years ago, I shelled out, $2.40/British Pound Sterling.  It spent like dollars, not going as far as the cost of exchange. Couldn’t feel strong until I got home to some more cheap a$$ dollars.  Trade is likewise.  All this points to Iraq needing to be close to a dollar, to get any global respect.

Samson – Dinar Guru  Article:  “Iran: We agreed with Iraq to disarm terrorist groups in Kurdistan and close their headquarters“

Clare – Dinar Guru   Article:   “7 times more.. Iran announces the release of its money withheld in Iraq“   Quote:   “6 billion dollars of Iranian funds frozen in South Korea will be released, along with a large part also of Iranian funds in the Iraqi TBI Bank,” noting that “the first stages of the process of releasing Iranian funds in European banks have begun.”

Breitling – Dinar Guru   Iraq…wants to be part of the west’s economic structure.  They can’t because of Iran.  Iran is completely against the western economic infrastructure and they’re backed by Russia who’s trying to destroy the entire western economic structure.  That’s a problem for Iraq.  That’s not going to stop them from revaluing…let’s say they never got into the western system, it would be harder to maintain a higher value because they wouldn’t have enough customers…If they get cut off of the western world they’re going to have less customers.

Militia Man – Dinar Guru  I believe they’re at that stage where the spending project is about ready to go.  The security and stability is being enforced.  Let’s see how it goes.