Dinar Observer Daily

Reset Intelligence – Dinar Guru   Everyone has read September 30 as the day the troops leave Iraq.  On Thursday, Iraq’s Ministry of Finance read it differently…”Sovereignty in money…that the financial decision be Iraqi.“ …The official rate of 131,000 dinars per $100 is an administrative number, the oil revenue sits at the Federal Reserve Bank of New York, and the physical
dollars arrive as shipments Washington can hold, which it proved in April by blocking a delivery worth roughly $500 million. The ministry that writes the budget just tied the withdrawal date to taking that authority back…The Central Bank of Iraq…gave the sovereignty declaration no comment at all. The one institution whose announcement is the event has let everyone else speak first.

Jeff – Dinar Guru   As of October 1st Iraq will have military sovereignty.  They’ll have political sovereignty.  But unless they revalue the currency they’re not going to have monetary sovereignty or economic independence…The Finance Minister said last Thursday when US troops are out September 30th, we will have financial sovereignty.  He’s telling you they’re going to have to revalue the currency.

Clare – Dinar Guru  Article:  “Al-Zaidi meets Trump in New York ahead of the end of the coalition’s mission”  Quote:  “All eyes are on the upcoming visit of Prime Minister Ali Faleh al-Zaidi to New York next Tuesday to participate in the United Nations General Assembly meetings…al-Zaidi is scheduled to meet with US President Donald Trump, at a time when the country is witnessing a withdrawal of coalition forces as the September 30 deadline approaches.“

Stephen – Dinar Guru  I trust the Ministry of Finance a lot more than I do the Central Bank of Iraq.  The why…is because the Central Bank of Iraq, and all central banks, have to be much more secretive…They can’t put out any information to sway or possibly affect monetary policy…because…it could be catastrophic.  The same thing here in the United States.  The Fed is not going to…tell you ahead of time if they’re going to raise rates, lower rates, because that it would affect the markets…If there was going to be a major currency change or revaluation or reinstatement, which I believe we are getting ready to see in the near future, the CBI would have to be extremely careful with what they are saying.  And I believe they would intentionally put out misinformation or disinformation to keep it as a state of confusion to where people don’t know what’s going to happen. [Post 1 of 2]

Stephen – Dinar Guru  The Minister of Finance has countered what the CBI has said over the last few weeks.  The CBI has said, ‘No, we haven’t made a decision on the deletion of the three zeros, the lower denominations are not printed.’  They’ve denied any type of currency reform.  Then you have the Ministry of Finance…coming out and saying the lower denominations are ready to go…He contradicted everything the CBI said.  Was that intentional?  Did he slip?  Was that orchestrated to where he was supposed to say that?  No one knows.  But I think obviously he was sharing more information than the CBI probably wanted him to share.  That gives us good insight of where things are and where things are headed…  [Post 2 of 2]

Mountain Goat – Dinar Guru  Question:  do we as dinar holders outside of Iraq have any assurances that when the timeframe to turn in 3 zero notes expire inside Iraq that our 3 zero notes will still be accepted?  Mnt Goat:  all we know is what the CBI told us in their plan of 2011. So far my …CBI contact said they intend to stick to the plan…all our notes will remain legal tender. Don’t let anyone discourage you. I have been at this for 20 years and I know what they intend to do. If they change it I will be informed by my CBI contact…

Clare – Dinar Guru  Article: “Iraqi Lawmaker Links Dinar Slide to Reduced Dollar Shipments Iraqi lawmaker Daner Abdulghafar says reduced dollar shipments, lower Central Bank sales and security uncertainty are adding pressure to the dinar”  Quote:   “The last $500 million cash shipment from the US Federal Reserve to the Central Bank of Iraq arrived on Aug. 6, according to
Iraqi lawmaker Daner Abdulghafar, who says dwindling dollar supply, reduced Central Bank sales and uncertainty over armed-group  disarmament are contributing to the dinar’s latest decline.“

Jeff – Dinar Guru    Zaidi is not at risk of sanctions.  He has done everything Trump has asked him to do.  I wouldn’t even worry about sanctions.  They want you to think they’re going to sanction Iraq.  They want to show doom and gloom…They don’t want you to think Iraq is about to revalue.  They want to show chaos, disorganization, bad things.  That has to be the perception…when they’re not.

Reset Intelligence – Dinar Guru   We have watched [the CBI] through every loud week since April and its discipline has not cracked once. It denied the new notes, while the production notice surfaced, it denied the rate move while the tellers trained and now it sits silent while its own government hangs a sovereignty banner over the money it manages.  That silence is the working requirement of the one institution whose announcement IS the event and it has held through everything this file has thrown at it.

Stephen – Dinar Guru We are in very very exciting times.  I do think we are getting very very close to seeing things finally come to fruition.  For those of us who have been involved in this for many many years, some of us have been in this for 10, 15 years.  I know some who have been in this for over 20 years.  I do believe the train in pulling into the station…It is pretty telling, looking at all the information coming out and everything Iraq is doing that we are inching closer to the finish line.

Sandy Ingram – Dinar Guru  The Central Bank of Iraq is releasing information to Iraqi citizens because the official IQD rate is much weaker than the market rate.  It is the weakest it’s been in 2.5 years.  We know what’s happening with the country’s currency usually mirrors what’s happening within.  We also know the Iraqi Prime Minister is headed to or is already in  America.  We also know he is publicly warning the people that Iraq is headed for sanctions if they do not comply with disarmament of groups within Iraq.  He did this before his trip to the UN summit in New York…It doesn’t take a Harvard Graduate to know something is happening and it doesn’t look good…Countries here in Europe are preparing for war…I can only hope things remain peaceful. 

Militia Man – Dinar Guru  Zaidi goes to New York [this] week.  He speaks at the United Nations.  He meets with President Trump.  He goes to the US Chambers of Commerce.  And then 30 September is the date they keep pointing at for the [end of the] old coalition mission and turn toward long term business.  That’s the focus, economic partnerships…It is not a switch that flips the dinar by itself…but let’s watch the language after they sit down…Watch for signed follow through, not slogans…

Clare – Dinar Guru  Article: “Al-Zaydi carries new pledges to Trump regarding the weapons of the factions, anticipating the September 30 deadline (Exclusive)” Quote:  “The source told Shafaq News Agency that al-Zaidi will ask Trump to postpone any American measures that may target imposing financial or economic sanctions on Baghdad, due to the failure to resolve the issue of restricting the weapons of armed factions to the state after the deadline set for September 30…There is a real governmental fear of the possibility of halting dollar shipments to Iraq starting from the beginning of next month”

Samson – Dinar Guru  Article: “SEPTEMBER 30TH MARKS A NEW CHAPTER FOR IRAQ : NATIONAL SOVEREIGNTY, STABILITY, AND
ECONOMIC OPENNESS” Quote: “All eyes in Iraq are on September 30th, the date marking the end of the international coalition’s mission and the beginning of a new phase focused on strengthening national sovereignty and expanding independent decision-making.“

Jeff – Dinar Guru   In order to be a sovereign nation…you can’t be under any foreign restrictions, you have to have full control of your military, full control of your country and its financial system and you need a convertible tradable currency…While US troops remain in Iraq they are not a sovereign nation.  They don’t have 100% control of their country.  They also don’t have control over their financial system because they have to use the US dollar for trade.  The troops will be out by September 30th.  That’s when their sovereignty starts…

Reset Intelligence – Dinar Guru  A currency is sovereign when the state that issues it, sets the price, holds the revenue and clears its own payments.  Iraq has spent 23 years on the wrong side of that definition in receivership …Receivership is the deal that came with rescue.  It was never designed to be permanent. What changed this week is the debtor’s [Iraq] own government put the end of the arrangement in writing, on the  record, twice.

Stephen – Dinar Guru  Iraq’s Ministry of Finance is publicly connecting national sovereignty with financial sovereignty – the idea that Iraq should control its own budget, banking systems and financial decisions.  The date is noteworthy, September 30, 2026. [This is] also the scheduled deadline for the final US military withdrawal from Iraq.  This most appears to be part of Iraq’s broader Sovereignty Day messaging surrounding the transition.  And here’s why dinar investors should be paying attention.  Iraq is emphasizing control over its financial systems…Currency reform requires sovereignty.  The CBI cannot successfully introduce lower denominations, redenominate or adjust the exchange rate without government stability, secure banks, controlled borders and reliable public finances…

Clare – Dinar Guru  Article Quote:  “Member of the Financial Committee, Jamal Kujur, revealed details of a proposed currency change, stating that the currency change file falls under the jurisdiction of the Central Bank of Iraq, while the removal of zeros is proposed by Prime Minister Ali al-Zaidi… revealing that the printed currency amount is about 107 trillion dinars, while the amount of money in the market is estimated at about 40 trillion dinars…Kujur pointed out that currency change will lead to the appearance of hoarded money outside banks, including stolen money, as a result of the need to bring old currency into the replacement process to obtain the new currency.“

Mountain Goat – Dinar Guru  Article:  “IRAQ REGULATES FOREX TRADING: STRICT OVERSIGHT OF COMPANIES AND INCOMPLETE INVESTOR PROTECTION.”  Do all you investors really realize just how fantastic this news is? No, the IQD is not yet on FOREX however, they are going to allow Iraqi companies to list their stocks from ISX on FOREX. This is literally one step away from the IQD currency being listed too on the currency exchange. …If this one does not convince you we are VERY close to a reinstatement, I don’t know what will…They are telling us the next step…WOW! WOW! WOW!

Clare – Dinar Guru   Article: “September 30th is a sovereign milestone that establishes a new phase in Iraq’s  relationship with the coalition countries” Quote: “Iraq has the potential to become a key player in the Middle East’s energy security system, but achieving this status requires Baghdad to demonstrate its ability to protect its energy resources and  pipelines, and, most importantly, to guarantee its economic independence…Hence, September 30th represents a national day that  embodies the achievement of sovereignty as an entitlement for the state and for all Iraqis.”

Stephen – Dinar Guru  Ray Charles can see how exciting and how positive it is for dinar investors.  It doesn’t take a rocket scientist to see we are in extremely positive times and things are converging…You have the prime minister going back to  the USA to meet with Trump again. You have military pulling out of Iraq by the 30th.  Iraq has to be a fully sovereign nation.   There’s too many thing happening…I don’t see how you cannot be extremely optimistic as an Iraqi dinar investor.

Jeff – Dinar Guru  I think it’s going to be restored back in the $3 range.  That’s a very strong value.  I think  it’ll come out above where Kuwait’s at today.  I think it’ll be stronger than Kuwait because historically they’ve always remained above Kuwait.  

Reset Intelligence – Dinar Guru  A country declares sovereignty over its territory with a flag and a ceremony.   Sovereignty and money has no ceremony.  It is declared with a number on a morning the bank picks.

Sandy Ingram – Dinar Guru  Here’s our problem as IQD investors.  If and when Iraq reprints their currency how will we  exchange our bank notes for the new currency?  …Reprinting the currency, removing the zeros, does not change the value of the currency.  Anyone that’s telling you that doesn’t quite understand…It’s still worth what it’s worth.  That means they may increase the value after the exchange or they may not.  We don’t know.  But what we know for sure is reprinting the currency, or removing the zeros, does not change the value of the currency.  We as investors must wait on the official word from Iraq as to what they’re going to do, the time frame, the window for exchanging, where we can exchange, how we can exchange or if we’re going to be completely left out…We are working to make sure that does not happen.

Samson – Dinar Guru Article: “US OFFICIAL : THE MILITARY WITHDRAWAL FROM IRAQ WILL BE COMPLETED ON SEPTEMBER 30” 

Clare – Dinar Guru  Article: “Washington Times: Iraq’s success in controlling weapons makes it an important economic center in the Middle East” Quote: “Iraq faces one of the most impactful tests in the post-2003 era..A key obstacle remains the continued existence of armed power centers that are not fully under the authority of the Iraqi state…No investment worth tens of billions of dollars can be sustained without the rule of law, contractual security, and political stability. From this perspective, placing all weapons under state control is a prerequisite for rebuilding state authority and establishing a stable economy …Iraq has the potential to become a key player in the Middle East’s energy security system, but achieving this status requires Baghdad to demonstrate its ability to protect its energy resources and pipelines, and, most importantly, to guarantee its economic independence.“

Stephen – Dinar Guru  Al-Zaidi is planning on being in New York next week.  He’s going to be at the UN meeting and he’s going to be meeting with Trump.  This is already on the agenda.  He’s coming with his delegation.  He’s going to be meeting with the Treasury…I wish I could be a fly on the wall.  I’m assuming they’re going to be going over exactly what is getting ready to take place and making sure they have all the support they need to facilitate this new financial reform.  

Jeff -Dinar Guru   We’ve got to see the cabinet done.  Without a cabinet, there can’t be a rate change.  Period.  We don’t have the data right now suggesting they’re going to do the cabinet by this weekend.

Reset Intelligence – Dinar Guru  On Tuesday Trump and six Gulf Heads of States settle what the region looks like after Iran…September 30th the withdrawal completes, the disarmament date lands and the ministry’s sovereignty date arrives.  October 15, the budget that must carry the Iraqi dinar’s number in law reaches parliament.  Underneath the whole list, the [central] bank, which has let every other institution…speak first.

Clare – Dinar Guru  Article:  “Al-Zaidi to New York next week… Iraq’s address to the United Nations and a highly anticipated meeting with Trump“