Dinar Observer Daily

Samson – Dinar Guru  Article: “Iranian Central: Offering the Iraqi dinar to local banks“  Quote: “The governor, “Ali Saleh Abadi,” said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday).“

Mountain Goat – Dinar Guru  The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution…to decide if it is legal to do so outside of the specific conditions set in the constitution.

Nader – Dinar Guru   [Another corrupt official arrest video] There is another one!  I told you it’s a lot of people are gonna get arrested.  A lot of people got arrested already.  My friend is sending me these videos.  He works with the forces and he’s involved and arrests these people…when I said a lot of people are gonna get arrested it’s a lot.  It’s at least hundreds and hundreds of them...

Pimpy – Dinar Guru   What ever happened to the investigation into Maliki?  How come we haven’t heard anything about it?  Well lo and behold look what’s in the news…  Article:  “New details about the judicial investigation of the “leaks of al-Maliki”  Maliki, if it wasn’t for his buddy being a leader of the Supreme Court this man would have been in jail…by now…the article goes on to say that the investigation is still open.  It has not been shut.  All necessary steps are being taken to assure that the right thing is done…

Kaperoni – Dinar Guru  The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools…

BGG ~ I wish our citizens were smart enough not to put their money in banks… as it is here, our people now can’t tell the difference between Gold Bullion and a Snickers bar.

Sandy Ingram – Dinar Guru  All central banks exist for the purpose of creating and maintaining stability.  Central banks around the world are stability banks whose job it is to keep the economy stable.  Thus when Iraq Central Bank has something to say we listen.  Right now they are saying transparency is their new M.O. or mode of operation…

Samson – Dinar Guru  Article:  “The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision”  Quote:  “The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament“

MilitiaMan – Dinar Guru  The Judiciary are only now to make recommendations in regard to dissolution… Not decisions like they said in the first place. Hence why the likelihood the UN steps in…  There are no coincidences… imo  Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. IMO

Samson – Dinar Guru  Article:  “Iraq is on the “white list” of countries in the fight against money laundering”  Quote:  “Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing.”

Militiaman – Dinar Guru  “The US and the UN do not bode well for Iraq and our investment…”   I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is…a bad thing, you might better study that a bit deeper…money will trump everything.  This is not only about Iraq. Please consider the recent remote meetings…with the largest financial entities in the world this last week…It was about global financial security and that my friend includes Iraq and a basket of currencies in the region…With all the data out there…We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way…

Sandy Ingram – Dinar Guru  Article:  “Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq”  The Central Bank of Iraq is taking a firm & strategic approach…with dealing with international financial organizations in order to restore confidence in international banking transactions…It’s important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries…

Samson – Dinar Guru   Article:  “Soon.. Al-Kazemi to America”  Quote:  “Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih...”the reason for Al-Kazemi’s departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis…“

Pimpy – Dinar Guru  When it comes to these senior officials, timing is everything. There are two political forces that are battling with one another…I have a feeling this individual is somehow someway linked to Maliki… [Post 1 of 2…stay tuned]

Pimpy – Dinar Guru   Article:  “Iraq security official Arrested Over Bribe: Graft Bod”  Quote:  “The unnamed official was caught red handed receiving the bribe…the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer…” [Post 2 of 2]

Mountain Goat – Dinar Guru   Article:  “FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%”   …for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy…

Militiaman – Dinar Guru  Article:  “The General Secretariat: Automation of outlets has raised the value of revenues for three years”  The borders will support the value of the currency aside from oil and other minerals, tourism, etc..

Samson – Dinar Guru   Article:  “Integrity reveals the details of the arrest of a senior officer in Maysan and calls on citizens to cooperate” Quote: “The Federal Integrity Commission revealed, on Monday, the details of the arrest of a senior officer in one of the security services in Maysan Governorate, red-handed, noting that he “blackmailed citizens and bargained with them”, while calling for reporting cases of “bargaining, extortion and bribery.“

Sandy Ingram – Dinar Guru   Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill.  The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.

Pimpy – Dinar Guru   Article:   “The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections”  They’re already on a verge of civil war.  They started to go down that path and thanks to Sistani it was stopped.  Either they agree to go to early elections or there’s no doubt in my mind there is going to be a civil war.  There’s no other way around it.  I don’t want that to happen…I think it’s the right of the Iraqi people to decide who they want there…

Nader – Dinar Guru   My friend made  [This video]…this guy just got arrested for corruption.  This is the head…if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money…You have to pay a million dinar just to get some stuff done.  He’s been doing this for many many years and he made a lot of money. This is corruption so he get arrested.  It’s a lot of them getting arrested like this.  He’s big.  He steals even from the government… it’s gonna happen.

Samson – Dinar Guru  Article:  “An economist reveals the size of the currency issued by the Iraqi Central”  Quote:  “according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars.” He added: “On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate…” [Post 1 of 2]

Samson – Dinar Guru  …There are 4 main possibilities for this cash away from the banking system, which are:

1 – Iraqis hoard money in their homes…

2 – Funds are internal commercial transactions far from the banking system…

3 – Foreign institutions hoarding the Iraqi currency  for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future…

4- Damage to the currency…”   [Post 2 of 2]

Mountain Goat – Dinar Guru    …I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen.  How do I know?

#1. Reinstatement was in a long term 5 year plan given from the CBI in 2011…it was supposed to be all done by 2016.

#2.  Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI…

This is what Sadr is trying to fix…and why the new govt can’t get formed.  [post 1 of 2]

Mountain Goat – Dinar Guru 

#3. In 2019…they came out with the “White Paper” in which it specifically says to go to FOREX.

#4.  In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government.   [post 2 of 2]

Samson – Dinar Guru   Article:  “The average salary in Iraq is 600 dollars and in other countries is six thousand”  Quote:  “Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq...”

BGG – I believe so many in this community have read this latest uprising in Iraq all wrong (as usual). The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again.

The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…

Hard news excerpts:

“Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.”

How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…

You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.

Militiaman – Dinar Guru  Article:   “The Central Bank of Iraq organizes a visit to a media delegation”   The AMF on the same day had meetings on similar issues…with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing.  Inter-connectivity is coming…

Breitling – Dinar Guru  People are looking at Iraq.  They are looking at what’s going on between the Sunni and the Shia and they’re going, ‘My God there’s chaos and turmoil going on!  This thing is never going to come to fruition.  It’s never going to come about.”  You couldn’t be more wrong.  That’s not how this investment works.  That’s not how Iraqi’s currency works… [Post 1 of 2]

Breitling – Dinar Guru  I haven’t seen anything negative come out of Iraq yet...It’s like watching Fox News…Every day they’ve got some shitty thing to tell you.  Like it’s their goal in life to make sure you’re unhappy so they can make you vote a certain way.  That’s how it works – Pure propaganda… People are reading articles…that have nothing to do with…their [Iraq’s] policy and their currency.  [Post 2 of 2]

Militiaman – Dinar Guru  Article “An Iraqi bank begins providing its banking services and solutions in the Saudi market”  Looks like show time… imo  They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.