Dinar Observer Daily

Sandy Ingram – Dinar Guru  We like to bring you only good news, but that is not how life works.  Iraq has been bombarded in recent weeks by drone attacks for which no one has taken credit.  It doesn’t take a PhD to understand that more than likely Iran-backed militants are attacking Iraq because of recent decisions that favor the United States agenda.  Of course Iraq is going to side with the United States because the United States is holding over $100 billion dollars of their money.  But things could get much worse for Iraq…If major global investors see Iraq as politically risky they might not push for or participate in moves that straighten the Iraqi dinar. 

Militia Man – Dinar Guru  We’re going to maybe see a surprise.  Because Iran is one of Iraq’s largest trading partners.  Yes we’ve had sanctions and we have some conflict in the Middle East…There’s two articles about Iran removing 4 zeros…One of the things that’s interesting here and it’s no different than Iraq is that I know they were going to talks about coinage in Iraq again…Iran’s gong to drop 4-zeros off their currency and Iraq is going to drop 3 zeros…They’re trading partners.  That kind of levels the playing field…If they can do the same thing at or around the same time, that might be a surprise.

Clare – Dinar Guru  Article: “Rafidain Bank confirms: Our agreement with K2 Integrity puts Iraq on the map of the global financial system“ Quote: “signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank’s journey...The partnership comes with direct support from Prime Minister Mohammed Shia Al-Sudani”

Mountain Goat – Dinar Guru  Another item is the much-needed Oil and Gas law.  Article:  “ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT”.  In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023. So, although they may not have the new Oil and Gas Law fully in parliament yet, we learned that they are getting very close to resolving past issues and use these crises to build the new law, as the years passed.

Militia Man – Dinar Guru  You’d be surprised on how confident I am that the redenomination, revaluation and applying a real effective exchange rate is.  Iraq coins, that means value.  It means they’re going to have a powerful exchange rate.  Al Sudani said…the dinar will be stronger than the dollar.  I think it’s going to hold true.

Nader – Dinar Guru   Trump has nothing to do with this [the dinar RV].  I like Trump.  I voted for Trump.  I stand for Trump.  I disagree with him in a couple of things where he can do a lot better…

Pimpy – Dinar Guru  I would love to see it go to $3.00+, where it was before.  Even with the deletion of the zero, I get over $15,000.  I’m not going to bitch about that.  All my dinar cost me less than $2,000.

Militia Man – Dinar Guru  Iran is moving towards a historic change in its national currency, removing 4 zeros…   Article quote:   “Iranian cabinet approved a plan to remove 4 zeros from the national currency...”

Nader – Dinar Guru  They’re getting ready to change the currency.  Here’s the good thing, they’re not going to change the paper.  They’re not going to delete the 3 zeros from the paper.  That’s really good.  I’m excited when I heard that.  They’re going to make it more digital than anything else…That’s what we want.  You don’t want them to delete the 3 zeros and then you have no way to change your dinars.

Mountain Goat – Dinar Guru  ...my CBI contact said… they need to do the project (the Project To Delete the Zeros) very soon to get all this hoarded cash into the banking system…Think about this – Who the hell is going to turn in their three zeros notes if the dinar is not worth more than the dollar?  They know what is coming and they are waiting for it just like us…over the years, the CBI has tried every trick in the book to get these dinar hoards in the banks, unsuccessfully. This new rate will be the second of the two rate changes we were promised by the CBI years ago…finally! The CBI told us it must be just over a dollar.   [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru   Remember folks this will be in Iraq in country ONLY!  We can not yet go the banks when this happens. It will not yet be international…the CBI can not let the dinar sit there for too long without migrating to the out of country global currency exchanges. To wait would also be disastrous too. This is why when this does happen we must watch the dinar VERY  closely since it could then pop out on FOREX at about anytime afterwards. Then we go to the bank…as investors if you want a timing…watch the process.   [Post 2 of 2]

Militia Man – Dinar Guru There is a lot of people out there that don’t think this is ever going to happen and they have a view that it’s going to be sometime next year or years down the road still.  This process has been going on for over a year now with Oliver Wyman.  This process is now at a level I believe to be an execution phase…They have a stable and flexible and  secure banking system.  That’s one of their main goals.  They’ve been doing all that.  This all aligns with international standards, local laws…global integration…Iraq is further along than a lot of us ever thought…

Samson – Dinar Guru  Article: “Iran is moving toward a historic change in its national currency, removing four zeros and adopting the toman and quran.“

Pimpy – Dinar Guru   If they do the deletion of the zeros, whether it’s called a lop, the removal of the zeros, deletion of the zeros, it doesn’t make a difference.  It’s all the same thing…Whenever you remove the zeros… lop it off…delete it or anything else, it’s called a redenomination.  That’s what they’re talking about doing…Here’s how it works…You have 25,000 dinar [note] at the current exchange rate of $0.00076.  It’s worth $19.  When they delete the zeros, they’ll take the zeros off the bank note and it becomes 25 and they’ll take the zeros off the exchange rate… $.76.  When you multiply 25 x .76…it’s still $19 because the purchasing power hasn’t changed…You’re only changing the nominal value.

Militia Man – Dinar Guru  Low inflation is a good thing confirmed previously and the CBI strategic reforms create a favorable environment for a redenomination…Redenomination with revaluation applying a real effective exchange rate is where you get fundamental value.  You get it based off real assets and the fundamentals of a country.  1310 is not a fundamental value.

Mountain Goat – Dinar Guru   Today I am bringing you amazing news of the Project to Delete the Zeros and that it is now in site...Our entire following of this RV is geared around the efforts of the CBI is making towards the overall plan to get to the reinstatement…under the direction of Ali al-Alaq, the CBI is following the basic steps to get there…it appears once again that the CBI is moving towards an end-of-the-year reinstatement (maybe January 2026) allowing time between August 31st and December  31st to conduct the Project to Delete the Zeros…this was the same timeline of Dr Shabibi in 2012-2013 when he was attempting to do it…Can the RV happen earlier?  Sure it can and no one knows the date…We just have to wait and watch.  Here is what we know…  [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru 1. They just told us the parallel market is now under control. WOW!   2. They told us in the past when this occurs, they can then move towards the Project to Delete the Zeros, the next phase in the currency reform process.  3 …we find significant evidence that Iraq is now in a situation that they could and are now moving aggressively towards  implementing the redenomination from the three zero notes to the newer lower denominations (the Project To Delete the Zeros)…They need to get these large hoards of cash (80% of the currency) inside the banking system. 4. My CBI contact confirmed …that the content of the recent article titled “BREAKING: IRAQ’S CENTRAL BANK LAUNCHES DIGITAL SECURITY PLATFORM FOR CASH OPERATIONS!” is a key component of this project…Also remember that in order to redenominate …the Iraqi redenomination will need a significant change in the rate to be successful.    [Post 2 of 2]

Militia Man – Dinar Guru  Great information coming out…from the Central Bank of Iraq…They’re having meetings with Oliver Wyman, one of the largest financial institutions in the world…They have a security clearance platform they’re dealing with…These things are tying into what we believe is setting up for a redenomination and revaluation of the Iraqi currency. The evidence isn’t my view per se, but the evidence is in print…

Clare – Dinar Guru  Article: “US State Department on the Iraq-Iran Security Agreement: We reject any legislation that conflicts with our goals” Quote: “The US State Department expressed its rejection of the security memorandum of understanding recently signed between Iraq and Iran on Tuesday evening, reaffirming its opposition to any legislation that conflicts with US objectives and contradicts efforts to strengthen Iraq’s existing security institutions…We support true Iraqi sovereignty, not legislation that would turn Iraq into a vassal state of Iran Bruce emphasized“

Kaperoni – Dinar Guru Article: “10 banks are unable to return customer deposits, and lack of confidence keeps 80% of funds outside banks.

Sandy Ingram – Dinar Guru   Despite Iraq’s substantial oil reserves, there’s little international demand for the dinar.  This lack of demand coupled with Iraq’s ongoing economic challenges and reliance on oil exports priced in US dollars, has contributed to the dinars low exchange rate….[We] expect the Development Road Project, a massive $17 billion project, that will shorten the shipping route between Asia and Europe, will change the need for the IQD.  No less than ten countries will need the IQD to lower the cost of shipping goods from Asia and the Middle East, which will automatically increase the need for the IQD.  Plus, Iraq’s GDP will increase due to lower unemployment rates and higher oil revenue due to massive oil field expansions. 

Pimpy – Dinar Guru Trump wants Iraq to be sovereign, to be independent away from the influence of Iran.  Iran as weak as they are right now, they’re going to do everything they can to hold on as tightly as possible to Iraq…The fact that Iraq’s politicians are all Iranian backed politicians is not a good thing. That means they’re influenced by Iran and whatever Iran wants, Iran gets, not what the Iraqi people want.

Militia Man – Dinar Guru  Article: “The Central Bank launches the security clearance platform.”  There is an estimated 80% of currency held outside the banking system. If we use the assumption that the SPP (security clearance platform) is an effort for post re-valuation or redenomination it is bolstered and supported by this action…It may trigger an influx of cash deposits as citizens exchange old notes for new notes. The platform…may be a critical tool in managing the transition, ensuring banks can handle increased volumes…The move by the central bank looks to support the assumption that the platform is part of preparatory measures…It is not surprising to see this type of action from the Central Bank. It would likely be expected.

Clare – Dinar Guru  Article:  “The Iraqi government denies allegations of its intention to devalue the dinar against the dollar” Quote: “Saleh said Iraq’s exchange rate policy is a contractual one between the Ministry of Finance and the Central Bank of Iraq, given that the reserves supporting the Iraqi dinar reinforce the external value of the currency.  This means that the dinar, backed by foreign currency, comes from oil revenues…He considered the policy of devaluing the dinar to be dangerous and not easy, while the state is constantly working to raise and improve the value of the dinar, not to devalue it.“

Militia Man – Dinar Guru  Article: “The Prime Minister directs the completion of procedures for the first phase of the Development Road project, to be implemented soon.”  With new countries coming into the picture the value of the development road project has apparently been doubled now. That is powerful! It was great to begin with and now it is even better! It is amazing to watch value go up. Just like the dinar will be amazing to be apart of.  

Clare – Dinar Guru  Article:  “The reform document is a strategic step to enhance confidence in the banking system.”  Quote: “The Governor of the Central Bank, Dr. Ali Al-Alaq, emphasized that the 2025 Banking Reform Document represents a strategic and fundamental step toward reforming the Iraqi banking system, addressing its shortcomings, and preparing it to operate in  accordance with internationally recognized standards. This will enhance the confidence of correspondent banks and global financial  institutions and protect it from the risks of international sanctions.” 

Sandy Ingram – Dinar Guru  Excellent news…found in the mainstream western media.  What this means is global investors are watching Iraq more closely than ever...This information is crucial and it’s excellent good news for IQD investors…5-year development plan for 2024-2028 numbers are seriously eye popping… 710 trillion Iraqi dinars in total projected revenue.   That’s roughly $542 billion…Oil revenues alone are expected to rake in about $482 billion of that.  What’s really interesting is the $60 billion estimated from non-oil sectors…Iraq wants to break away from its heavy dependence on oil and build a stronger,  more balanced economy…What caught my eye is how this plan is making international headlines…Iraq is ready to step into a new  era of growth...If you’re an investor looking for the next big opportunity, Iraq might just be the place to watch.

Pimpy – Dinar Guru   Article:  “The Central Bank of Iraq discusses the banking reform plan with Oliver Wyman” More news about banking reform.  This is good.  The quicker they get this done, the better.  They’re talking about “the plan” to reform the banks…They are only planning. They have not finished it yet despite the rumors they got the greatest banks in the whole world and they’re top-notch…and they got a central bank digital currency, it’s all wrong.

Militia Man – Dinar Guru  Article: “The Central Bank launches the security clearance platform.”   Inflation trends are low under 3%, banking reforms and the Oliver Wyman deadline slated for August 31st for private banks suggest all of this together looks to be the groundwork that is being laid for an expected currency redenomination (fitting with the “deletion of the zeros” project).  This looks like…the Security Permits Platform (SPP)  for cash handling is part of preparations for such a project, especially to manage the expected influx of cash into the system post-redonimation.

Clare – Dinar Guru  Article: “Great stability in the Iraqi market and inflation falling to less than 3%”  Quote:  “The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed…This remarkable decline in annual inflation rates indicates that expectations related to the exchange rate are moving toward calm and stability…The parallel currency exchange market has begun to clearly follow the official market, and this trend is expected to continue until the end of this year, based on current economic data.”