Dinar Observer Daily

Mountain Goat – Dinar Guru   Article:  “THE ZAIDI GOVERNMENT IS DISMANTLING THE BANKING SECTOR’S STRUCTURE… HANTOUSH TELLS IRAQ OBSERVER: QUALITATIVE REFORMS WILL RESTORE CONFIDENCE AND OPEN THE DOORS TO FINANCIAL STABILITY.”  …the reforms we all thought were already done are not completed, at least as much as the international stage is concerned…It is all good for us investors as the reforms all stem around ‘international’ reforms as to be able to work in the international banking system...Let’s see what Al-Zaidi’s working with the CBI can do in a short period of time.

Clare – Dinar Guru  Article:  “The Prime Minister discusses with the head of Rothschild Bank expanding Iraq’s cooperation with international banks”  Quote: “Prime Minister Ali Faleh al-Zaidi received Edward de Rothschild, Chairman of Rothschild Bank, at his residence in Paris, France.  The meeting addressed ways to expand Iraq’s cooperation with international banks…and develop the banking sector…and the government’s objectives in building a strong and diversified economy.“

Mountain Goat – Dinar Guru   Article:   “AN ECONOMIST PREDICTS THE RETURN OF THE 50 AND 100 DINAR DENOMINATIONS WITH THE CURRENCY CHANGE”   Yes, the CBI can issue these two notes without any parliament approval, at any time…This is a VERY GOOD sign to us.  It shows this removing of the zeros is going to come very soon. I do know that the 50 notes were once in circulation but the 100 note is a new. Getting back the 50 notes are also a very good sign.

Kaperoni – Dinar Guru   Article:  “Government advisor: The government aims to raise non-oil revenues to 45% and shift towards a productive economy by 2037”    This is an interesting article because in essence it provides a timeline for the diversification of Iraq’s economy. One could say then it also describes a timeline for the dinar to gradually rise as a result.

Samson – Dinar Guru   Article:   “IRAQ OPENS 7 NEW INTERNATIONAL TRANSIT ROUTES WITHIN 8 MONTHS AND IS MOVING TOWARDS BECOMING A REGIONAL LOGISTICS HUB“

Militia Man – Dinar Guru  The development road project is moving forward…They are moving towards diversification and have fully engaged in it…Haven’t we seen in the news for the last months – United States partnership, you got the UK partnership…You got the Japanese partnership…You guys get the point.  Investment partnerships was many of them – Chevron… Conoco-Phillips… Siemens…GE…Starlink…The Development Road is all about strategic value…

Clare – Dinar Guru  Article:  “The Guardian: Al-Zaidi is leading an unprecedented campaign to dismantle the financial empires of political parties in Iraq”  Quote: “The newspaper quoted an international banker as saying that political parties in Iraq have historically created states within a state, siphoning off between 5% and 10% of the value of every government contract to finance their influence and headquarters.”

Jeff – Dinar   Iraq for the most part through the end of August… provided us with very misleading, inaccurate news.  So what makes September any different?  It’s the amount of data coming in at the same time…They have one critical date period in this…the rate change date… Everything is coming together at the same time, which is around mid-September…As you can see around mid-September everything in Iraq is coming together, happening at and around the same time.  That’s not coincidental.  The fact that everything is coming together at once, builds more credibility…

Reset Intelligence – Dinar Guru  Tuesday, Iraq’s 2027 budget draft goes before the cabinet in Baghdad, the first complete budget since 2023 at roughly 200 trillion dinars, and every budget is built on an exchange rate.

Mountain Goat – Dinar Guru   Issuing new denominations vs changing the currency: These are two distinct tasks and… After consulting my CBI contact…I was told the following:  Issuing newer denominations does not mean a redenomination resulting from removing the zeros. And this is the key to understanding. Instead, it means issuing all brand new denominations not used before like the 100 or bringing back the 50 (which was previously taken out of circulation) not part of removing the zeros project. I know, I know many of you are going to think aren’t the newer lower denominations also brand new notes?  Yes, they are but they are part of the list for removing the zeros and are not counted as issuing newer denominations but instead a redenomination. 

Reset Intelligence – Dinar Guru  The 800 number, the appointment, the contract rate, the NDA…I went looking for them – through every banking authority, every central bank statement, every court record that touches the story…The redemption center is real…it just has a bank’s name on the door.

Jeff – Dinar Guru    Question:  “Are banks going to have enough funds to swap us out? Is it funded by banks?” No, it’s not.  It’s a currency swap.  You’re exchanging or trading Iraqi dinars into US dollars.  Now, your bank or financial broker…where you exchange is not going to give you US dollars… They’re going to virtually deposit the dinars into your bank  account in the form of US dollars…It’s not funded.  Banks don’t need to have funds to swap us out.  You’re going to turn in dinar and you’re going to exchange your dinar for whatever the dollar value is and they’re going to virtually deposit that into your account.  They don’t need the funds to do it.

Clare – Dinar Guru   Article:  “US Sanctions target Iraqi individuals and companies for their ties to Iran”  Quote:  “The U.S. Treasury Department on Thursday imposed new Iran-related sanctions targeting Iraqi individuals and companies.“

Samson – Dinar GUru   Article:  “US CHARGE D’AFFAIRES : AL-ZAIDI’S VISIT TO WASHINGTON OPENED NEW HORIZONS FOR THE
IRAQI-AMERICAN PARTNERSHIP“

Stephen – Dinar Guru  I’ve always said the Iraqi dinar is the very beginning of the financial blessing.  It’s the first domino to fall...I believe it is going to be the foundation to give us the equity and the funds to invest in many many other things that are only going to accelerate and explode our wealth from the dinar that much more…

Militia Man – Dinar Guru  The Development Road is no longer just a slogan or a signed MoU.   It is entering the phase where technical committees, finance ministries, and oil entities are negotiating the plumbing. That kind of work creates its own momentum. Combined with the energy contracts, banking compliance clocks, and formalization systems already in motion, it strengthens the case that the overall direction has real weight behind it.

Reset Intelligence – Dinar Guru  Chevron does not gamble…and does not pre-pay.  Its entire business is deciding which countries can be trusted to deliver barrels against dollars.  It has priced that question in Iraq at no for two decades.  This week its answer changed…on the strength of books that years of audits, seizures and teller training have made readable…The most reliable verdicts on a country never come from its politicians.  They come from the people whose own money is at stake.  Washington rebuilt Baghdad’s vault with a cash airlift…and now private capital…is paying in advance.  Each one is a wager placed with real money that Baghdad delivers what it has scheduled.  Why the currency underneath those wagers sits where it sits is…the case for revaluation.  That schedule is short now…

Jeff – Dinar Guru  When Iraq revalues, the sanctions will automatically get lifted at the same time.  Everything happens at the same time… 

Clare – Dinar Guru  Article:  “A major shift in the relationship between Baghdad and Washington… The US Chargé d’Affaires: Al-Zaidi’s visit resulted in agreements worth $60 billion, and Trump looks forward to a fruitful partnership with Iraq” Quote: “The U.S. Chargé d’Affaires in Iraq, Steven Fagin, affirmed that relations between Baghdad and Washington are on the cusp of a new phase of development and transformation...“

Jeff – Dinar Guru  The Vietnam dong is one of the lowest valued currencies in the world…Since ’22 to ’26 all it’s  done is gone down in value…What keeps their GDP dialed in is keeping the value of their currency low.  They’re a communist regime nation and for them to elevate their GDP, they have to keep the value of their currency low…Vietnam has to change their  government structure from a dictator communist regime to a democracy then the value of their currency will go up in value. That’s exactly what Iraq did.  Iraq went from a communist dictator regime…Saddam Hussein…now they’ve transitioned to a democracy.  Now you witness their currency going up in value.

Samson – Dinar Guru Article: “SHEIKH AL-KHAZALI : SEPTEMBER 30TH IS A PIVOTAL MOMENT IN THE FATE OF IRAQ’S STABILITY”

Stephen – Dinar Guru  I am someone who is a true believer in the Iraqi dinar revaluation.  I do believe it will be one of the largest wealth events in our lifetime.  That’s my own personal thoughts, opinions and convictions.  We are all adults here so you make the investment decisions that you feel comfortable making.  No one knows when or if the Iraqi dinar is going to revalue but I personally do believe it is going to happen.  It’s not a matter of if, but when.  And I do believe that when is very very close.

Reset Intelligence – Dinar Guru  Foreign holders are on a separate rail from Iraqi citizens. The domestic swap runs through the Central Bank of Iraq…The international rail settles in your own country, paid in USD, EUR, GBP, AUD, or CAD. The CBI describes any future operation as an announced, appropriate transitional period...No 800 number in history has been how a central  bank told the world where to exchange money.

Sandy Ingram – Dinar Guru   A country attempting to strengthen its currency and attract international investment needs security, political stability, functioning institutions and protections of its economic infrastructure.  Iraq is now moving towards taking greater responsibility for its own national security.  At the same time it continues banking, financial and economic reforms so they can connect to the international global financial systems…Iraq’s security and economic future are closely  connected…Money will not come into the country unless investors feel safe…This is a developing story and we are watching it very carefully.

Jeff -Dinar Guru   Question:  “Do you think you can walk into a bank that takes dinar, open an account and deposit it without having an account [before hand]?”  Jeff:  No.  To do anything with foreign currency in a bank, you’ve got to have an account there because they’re going to require that.

Mountain Goat – Dinar Guru   Article Quote:  “during its recent meeting with the governor of the Central Bank, the finance committee raised several questions related to removing zeros, printing currency...”   So, this confirms to us the Finance Committee and the CBI have met and discussed what is needed to do it.  Finally, a confirmation on this meeting, which my CBI contact also just told me had to happen.

Jeff – Dinar Guru   We are extremely close to the finish line because of good old Mr. Trump hooking us up.  Super super close.

Stephen – Dinar Guru  Get your butt to the bank once the dinar revalues.  You’re not going to a “special redemption center” that’s going to open up.  There are no 800 numbers.  There is no special tiers of investors who are going to get paid out before other investors.

Clare – Dinar Guru   Article:  “The Kurdistan Regional Government has decided to immediately close all Forex companies and ban the trading of digital currencies”  Quote:  “Compliance with Baghdad and Central Bank decisions: These procedures are based on official instructions issued by the Central Bank of Iraq, which criminalize and classify any dealings with digital currencies and platforms not subject to the official financial system as illegal and prohibited banking activities.“

Sandy Ingram – Dinar Guru  I have not found an official central bank decree approving the deletion of the zeros.  We do not have an official implementation date.  We do not have an official adopted 1000 to 1 conversion ratio.  We do not have an official list of new denominations.  We do not have an exchange deadline for the existing notes.  We do not have an announcement for dual circulation. And most importantly for those of us holding physical Iraqi dinars outside of Iraq, we do not have an official exchange procedure for IQD holders.