Dinar Observer Daily

Samson – Dinar Guru  Article:  “The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament“  Quote:  “The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move forward in building and developing Iraq, enhancing its stability, ensuring its security, and moving towards establishing the foundations of reconciliation, understanding and peaceful coexistence among its components.“

Mountain Goat – Dinar Guru   What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX.   Kazemi is only in a “temporary” status as prime minister…If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq..

Samson – Dinar Guru  Article “Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years”  Quote “The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed…the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides”

Samson – Dinar Guru  Article:  “The Central Bank intends to issue a banknote of 20 thousand dinars”  Quote:  “there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions.“

Mountain Goat – Dinar Guru  …There has to be some good news…right?  “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately.  So, just recently the Central Bank talks about the possibility of changing the price of the dollar and intends to issue a new category of currency a 20,000 dinar note.  Really?…This is one of those WOW articles… Is this good news or bad news? Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of the ever popular the 25,000 note. This could be a very good sign, a small indication that they are slowly moving to lower denominations but not fast enough as we want… [post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru  There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in the same article the CBI talks about this project to delete the zeros too and tells us it is still on the back burner and they recognize it needs to be done but under the right conditions… [post 2 of 2]

Samson – Dinar Guru  Article:  “An economist explains how to control the currency sale auction”  Quote:  “the currency sale auction can be controlled through the government’s move towards equalizing the value of the dinar with the dollar or making it close to the dinar…”

Breitling – Dinar Guru   So where people are getting these negative vibes about Iraq – 1.  You’re wrong.  2.   You’re probably attaching it to, “I should be driving a Ferrari right now.”  Don’t do that because you’re clouding your judgement with your feelings…Your timing and what you want has nothing to do with Iraq…If you’re dragged down because of…the timing that’s one thing but if it’s some type of signal to you that the dinar is not going to revalue, you’re wrong…I’m still excited about it.  It is a very very good thing coming down the road…

Sandy Ingram – Dinar Guru  Article:  “Iraqi Prime Minister meets with European leaders”  Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors…

Pimpy – Dinar Guru  Article: “Iran: Iraq will turn into the larger economic market in the region during the next decade”  Iraq is the gateway into the Middle East…you can go right into Iraq and it’s central to all the other nations that you want to do business with.  That makes it the heart of the region…Iraq is going to flourish if they can just get their crap together.

Sandy Ingram – Dinar Guru  Article:  “Iraqi Prime Minister meets with European leaders”  Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors…

Samson – Dinar Guru   Article:  “Al-Kazemi arrives in Baghdad from New York”  Quote:  “On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih.“

Samson – Dinar Guru  Article:   “Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq”  Quote:  The Iraqi ambassador in Berlin “…but there are considerations…He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies’ work in Iraq.”

tlm724 – Dinar Guru  Article:  “Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision”  Quote:   “Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government…thanks to the white paper, the Iraqi economy will witness reforms.“

Kaperoni – Dinar Guru  The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki both of them have equal political control post-election.

Nader – Dinar Guru   Article:  “The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country’s cash reserve to reach $100 billion”  By December we reach 120 billion.  It’s gonna be one of the biggest reserves in the world by 2023…

Samson – Dinar Guru  Article: “Al-Kazemi expects an increase in Iraq’s cash reserve, and it will reach $100 billion”  Quote:  “The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world.“

MilitiaMan – Dinar Guru   Article:  “France’s Total refuses to complete a $27 billion contract with the national oil company”  Quote:  “The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement”  This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO.. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon…

Samson – Dinar Guru  Article:  “Iran: Iraq will turn into the largest economic market in the region during the next decade”  Quote: “stressing that his country seeks to increase the volume of trade exchange with this neighboring country.“

Jeff – Dinar Investor   In the near future they’re going to have a session of parliament…to vote to reschedule their elections…along with dissolving parliament…As you know their government must have full powers.  Right now…they’re deemed as a caretaker…They are not a government with full powers…Because they don’t have full powers…they cannot right now revalue their currency.  They must be able to pass laws to revalue the currency and have full powers and they don’t…Does this mean you have to wait till next year for the rate change? …The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar [update]…

Mountain Goat – Dinar Guru   …Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week…I do not believe Sadr is going to bend this time. He would rather tear apart the political system, expose the corrupt and rebuild it without Iran and their puppets. This may very well happen…  [post 1 of 2]

Mountain Goat – Dinar Guru  It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to the bank by now…Many things besides the Iraqi RV are in motion to get us to where we want to have the project to delete the zeros and then the reinstatement. [post 2 of 2]

Pimpy – Dinar Guru   We know Iraq has been doing everything it can to stabilize this country to get back out there on an international scene to have an internationally recognized currency that trades on Forex and one that’s strong.  The right steps for the most part are being taken, we just need to get a stable government, a stable economy and a stable country...

Samson – Dinar Guru  Article: “A new parliamentary speech regarding changing the dollar exchange rate”  Quote: “Committee member Jamal Cougar told Mawazine News, “The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers.  The issue is only related to the state’s financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only.”

MilitiaMan – Dinar Guru  Article:  “What will Al-Kazemi have for Biden during his upcoming visit to Washington?”  Kahdimi’s speech Friday…This is show time now…They are show casing a leader, not an interim fly by night entity.. No!!…It is like the world knows who is to lead them into the future….The citizens of Iraq are getting very impatient, just as you and  I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..

Mountain Goat – Dinar Guru   Article:  “THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS”   Quote:  “…the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks.”

Frank26 – Dinar Guru  Article: “The Central Bank announces international cooperation with Iraqi banks”  The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate.  A new currency.  A new banking system.  A reinstatement of their banking system.  We told you they would tell the citizens and they are.

Breitling – Dinar Guru   When I look at Iraq it’s authority only.  What’s the banking system doing?   Where are they making their money?  How do they expand their system?  The people who can pass law and want to expand their system, what are they talking about?  Who are they talking about?  In other words who do they want to do business with.  They’re talking about us, the west.  Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line…just follow the policy and you’ll be very happy.

Samson – Dinar Guru  Article: “The former president of “SOMO”: The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank”  Quote: “…all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits.”

Sandy Ingram – Dinar Guru  Question:  “Why are we hearing about a possible civil war in Iraq?”  Yes, Iraq is going through a major political crisis.  Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah…2.6 million are from Iran…we cannot be sure what will occur once people return to the reality of their daily lives.