{"id":12473,"date":"2016-08-01T17:27:58","date_gmt":"2016-08-01T22:27:58","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12473"},"modified":"2016-08-01T23:07:03","modified_gmt":"2016-08-02T04:07:03","slug":"dinar-observer-daily-august-1st","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12473","title":{"rendered":"DINAR OBSERVER DAILY August 1st"},"content":{"rendered":"

Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.<\/strong><\/span><\/p>\n

Word for the day…<\/em><\/strong><\/span><\/h1>\n

\"\"<\/p>\n

Mrs. BGG<\/em><\/span><\/h1>\n

______________________________________________________________<\/p>\n

Iraqi Dinar\/Dollar auction (most recent listing) 07-31-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3248<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 07-31-2016<\/p>\n

The results were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n31<\/td>\n<\/tr>\n
Number of remittance companies<\/td>\n16<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1182<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n162,823,950<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n162,823,950<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
\n______________________________________________________________<\/p>\n

The share-the-wealth movement appeals most to those with the least to share. – Anonymous<\/em><\/span><\/h1>\n

______________________________________________________________<\/p>\n

*** Current News ***<\/strong><\/h1>\n

______________________________________________________________<\/p>\n

Frank26 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0[I’ve got this feeling deep down inside that August will be truly a start for new beginnings<\/em>.]\u00a0\u00a0IMO…August can be looked as a New Beginning BUT…Sept\/Oct will show You an evidence of Your Faith.<\/strong>
\n______________________________________________________________<\/p>\n

Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Don’t MISS – “DU NEWS TIME” w\/RCookie and Mr White in DU CHAT ROOM – Monday 7:30pm EST<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a> – save as favorite!<\/strong><\/h2>\n

______________________________________________________________<\/p>\n

Shredd (Dinar Guru) –<\/span><\/strong>\u00a0 Article:\u00a0 “Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions<\/em>…”\u00a0\u00a0[the deposit law is done and has been Gazetted<\/em>?]\u00a0 had to be for this move. \u00a0 as the credit rating improves, banking laws implemented and ease of transactions, we are seeing big steps being taken these last few years to get Iraq on par with participating in the lending\/borrowing investment economic process.<\/strong>\u00a0Steps forward not steps backwards…and with the deposit law, good stuff!
\n______________________________________________________________<\/p>\n

tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Loving the news outta Iraq!\u00a0 Article:\u00a0 “Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions…<\/em>”\u00a0 love a time schedule…The central bank gives the government banks until September to adapt itself to the electronic systems<\/strong><\/span>.\u00a0 …take advantage of 77 percent of the money supply in the possession of citizens outside the banks, get rid of the cash circulation problems…get those dinars in the bank!\u00a0 only 10 % of the population is using the electronic system right now but not for long!\u00a0\u00a0this is going to bring in trillions of dinars off the streets which is exactly what we want!<\/span>\u00a0 stability is ongoing as well, all the things needed to make the transition and delete the zero’s!<\/strong>
\n______________________________________________________________<\/p>\n

Blondie (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Has the trigger for exchange notifications been pulled as of right now? No.\u00a0\u00a0As always, we don’t know the date or time. But all indications are that we continue to be inching towards that date and time in very short order – as of this moment.<\/strong>\u00a0There is no information indicative of an unplanned interruption in the process at this time. I remain highly encouraged and optimistic.
\n______________________________________________________________<\/p>\n

Dinar Updates \u201cAfter Call – LIVE\u201d!!<\/strong><\/span><\/h2>\n

\u201cImmediately following News Time!!\u201d<\/span>
\n8\/01 “After Call” –\u00a0w\/RCookie, Mr White
\n& Hutch 641-715-3639 pin#528733\u00a0<\/span><\/strong><\/em><\/h1>\n

Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

______________________________________________________________<\/p>\n

firefly (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Parliamentary Finance is discussing with the new managers of the banks to maintain liquidity<\/em>”\u00a0 Quote:\u00a0 “Parliamentary Finance Committee discussed with the new bank directors, maintaining Iraq’s cash flow from waste, as well as discuss the Banking Act<\/em>.”\u00a0\u00a0as well as discuss the Banking Act.\u00a0<\/strong>\u00a0Quote:\u00a0\u00a0 “These meetings aim to walk according to the draft reforms as well as for the organization of Iraqi banks and prevent manipulation.<\/em>”\u00a0\u00a0the draft reforms…REFORMS!!!\u00a0 …expect some great news this week.\u00a0 I’m looking for some huge items mid week.<\/span>\u00a0 ALWAYS follow the money.\u00a0 They could talk economic reforms all they want but… What can you do at 1166?<\/strong>
\n______________________________________________________________<\/p>\n

Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0\u00a0\u00a0“Economy and investment parliamentary host the five Iraqi banks managers<\/em>”\u00a0\u00a0 Quote:\u00a0\u00a0“The committee of economy and investment parliamentary five banks managers in Iraq today hosted to discuss the reality of the banking business<\/em>…”\u00a0\u00a0\u00a0Good to see the banks and CBI in the news.\u00a0\u00a0Like we have said many times, there is no market economy until their is a banking system in Iraq.\u00a0 And these last few days they seem to be more focused on activating it.\u00a0\u00a0 The good news is that activating the banking system means a change in monetary policy and currency reform<\/span><\/strong>.\u00a0\u00a0So progress is happening ever so slowly…it’s coming.
\n______________________________________________________________<\/p>\n

tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0This will open them up internationally, reduce corruption and eliminate red tape.<\/strong>\u00a0There won’t be much need for the currency traders either.\u00a0 Also it will stop much of the currency counterfeiting!\u00a0\u00a0This will reduce and eventually eliminate the need for the dollar as the program gets into full swing.\u00a0This opens the door for the deletion of the 3 zero’s!! This is everything “currency reform” the epitome of the plan!<\/span><\/strong>\u00a0 The stars are lining up.\u00a0\u00a0 [post 2 of 2]
\n______________________________________________________________<\/p>\n

\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\"<\/a><\/h2>\n

Be sure to join the New Dinar Updates \u201cprivate\u201d FaceBook Group\u2026<\/span><\/h2>\n

https:\/\/www.facebook.com\/groups\/571383766355188\/<\/a><\/strong><\/em><\/p>\n

(go here and ask to join\u2026 then add some Dinar Friends!!)<\/strong><\/em>
\n______________________________________________________________<\/p>\n

tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0\u00a0We saw Ernst & Young taking control of the state banks and\u00a0they indicated it will take 125 working days max to do what needs to be done.<\/span><\/strong>\u00a0 Which should be somewhere around November for completion. The timing is no coincidence I am sure.\u00a0 Back in June the Cabinet approved the launch of electronic applications for the 6 trillion dinar stimulus loans, even the Integrity Commission is electronic now.\u00a0\u00a0So the announcement from the CBI is saying they preparing the infrastructure and facilities for E-dinar, getting everything ready for the end of the year or the beginning of 2017<\/span>.<\/strong>\u00a0Tis a beautiful thing!\u00a0\u00a0 [post 1 of 2….stay tuned]
\n______________________________________________________________<\/p>\n

Bondlady (Dinar Guru) –<\/span><\/strong>\u00a0 Article quote:\u00a0 “…Select the central bank governor on the Keywords, Saturday, 2017 as the date for the launch of the electronic currency through the mail or e-dinar cards…<\/em>”\u00a0\u00a0 This a well thought out plan and it obviously has the IMF written all over it…a well thought out plan to move the country forward with each step analyzed and implemented at the appropriate time!\u00a0\u00a0We have learned how Iraq has been setting up the smart card and getting the facilities ready in many of the provinces with the goal of having it in ALL of the provinces...this will bring in much of the dinar off the streets which we know is necessary to the currency reform plan.<\/span><\/strong>
\n______________________________________________________________<\/p>\n

Flashing (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 The fact that a country has gold, oil and other precious minerals is not enough to have a currency appreciation.\u00a0It needs among other things the development of sound financial, fiscal and operating policies and procedures<\/span><\/strong>. It is a simple as this: you may have a have a million dollars today and next month- nothing\u2026 because you didn\u2019t establish a budget to control your expenditures.\u00a0So the appreciation of a currency is a complex and slow process. That\u2019s why it has taken so many years.\u00a0\u00a0With that said, I am not calling the rv, but I am highly expectant any time now<\/span>\u00a0because if Iraq wants to show a high increase in their q3 export figure and a positive trade balance as forecasted, they need to do something asap<\/strong>.\u00a0\u00a0 [post 2 of 2]
\n______________________________________________________________<\/p>\n

Iraq: negotiations complete reshuffle kicks off today (WOW – short “Flashback”)…<\/h1>\n

\"\"<\/p>\n

Embarked on Iraqi Prime Minister Haider al – Abadi, first steps toward a cabinet reshuffle again, after it was approved, the first on Tuesday, on the resignation of six ministers from his cabinet , most of them belonging to the National Alliance<\/p>\n

The Iraqi sources had confirmed for “new Arab”, the Abadi plans to reshuffle includes a number of ministers in his government and heads of independent institutions, such as the Central Bank and the Council of the Judiciary and the Electoral Commission.<\/strong><\/em><\/span><\/p>\n

BGG – (Since I NEVER do that – PAY ATTENTION…)<\/strong><\/em><\/span><\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/p>\n

______________________________________________________________<\/p>\n

Flashing (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 \u00a0I have been quiet for long time seeing how people have become discouraged and frustrated. There is no banker holding up the rv, there is no Obama, Hillary, Bush, or Trump hold up.\u00a0 The rv is not being held up until the elections. These are stories we have heard for years and they do not justify predictions that have come and gone.\u00a0\u00a0Now is the time to be encouraged and alert.\u00a0 Iraq has been doing a lot of things that call for an appreciation on their currency (rv)<\/strong><\/span>.\u00a0\u00a0There is a big increase in exports expected during q3 with a slight increase in imports.\u00a0Just this is enough to expect a currency appreciation along with the policies and procedures they have already approved and implemented.<\/span>\u00a0<\/strong>\u00a0 [post 1 of 2….stay tuned]
\n______________________________________________________________<\/p>\n

BGG (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0\u00a0…I don’t put alot of confidence in the comments by Alak in this recent article…Alak’s job has been in question for 6 months or a year… AND – they are talking more and more – especially over the last 2 weeks. (about removing him).<\/strong>
\n______________________________________________________________<\/p>\n

tlm724 (Dinar Guru) –<\/span>\u00a0<\/strong> Article:\u00a0 “Basra council: the completion of the project port of Faw will solve major economic problems in the province<\/em>”\u00a0 Article quote:\u00a0 “…the Chairman of Basra Provincial Council, Sabah al-Bazoni, that Basra must be seen Basra as Economic Capital of Iraq<\/em>.\u201d\u00a0\u00a0 And so it appears Basra is on it’s way and so like a shining beacon of hope for Iraq!<\/strong>
\n______________________________________________________________<\/p>\n

RCookie NEWS Recap<\/strong><\/span>
\n (from) WEDNESDAY JULY 27TH, 2016<\/strong><\/em><\/span><\/p>\n

GENERAL<\/strong><\/p>\n

UN JAN KUBIS STATES THE PRIORITY FOR KURDISTAN NEEDS TO BE WAR ON ISIS AND NOT INDEPENDENCE\u2026JAFAARI THANKS KUWAIT FOR ITS CONSISTENT SUPPORT ON ISI AND DISPLACED SUPPORT AND POSTPONEMENT OF DEBT\u2026JUDICIARY ANNOUNCE RELEASE OF 10,791 WITH SUSPENDED SENTENCES AND FOUND NOT GUILTY WITH 1608 CHARGED WITH TERRORISM\u2026MALIKI CALLS FOR INTEGRITY TO RESTORE STOLEN PUBLIC MONEY AND DISRUPT & DISMANTLE ECONOMIC BODIES SET UP BY CORRUPT..\u2026MINISTRY OF HEALTH & ENVIRONMENT AGREE TO ACTIVATE JOINT COOPERATION WITH JAPAN THROUGH JICA FOR INDUSTRY AND SERVICE ACTIVITIES\u2026DISPLACEMENT & MIGRATION MINISTER ASSERTS MORE THAN 1 MILLION DISPLACED HAVE RETURNED TO THEIR HOMES SINCE BEGINNING OF ISIS OCCUPATION\u2026PLANNING REVEALS 850,00 WIDOWS AND 600,00 ORPHANS ON LATEST 2016 STATISTICS\u2026IRAQ & UNESCO DISCUSS SCIENTIFIC & HUMANITARIAN CURRICULUM DEVELOPMENT TEACHERS PROFESSIONAL TRAINING\u2026IRAN CUTS ELECTRICITY SUPPLY TO IRAQ NATIONAL GRID TO 2 PLANTS TOTALING 800 MW WITHOUT WARNING DUE TO SELF PRESERVATION MECHANISM SYSTEM\u2026JAFARI REQUESTS JORDAN EXPEDITE & FACILITATE PROCESSING VISAS FOR IRAQIS\u2026JABOURI MEETS WITH NEW ZEALAND AMBASSADOR TO THANK FOR ONGOING SUPPORT AND INCREASE FUTURE BILATERAL TIES\u2026ABADI OFFICE DECLARES SOME CATEGORIES OF INCOME TAX STILL UNDER DISCUSSION\u2026ZEBARI MEETS WITH US & JAPANESE AMBASSADORS TO DISCUSS CONTINUED SUPPORT AWAY FROM DONORS CONFERENCE\u2026<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
\n______________________________________________________________<\/p>\n

Brietling (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0The Vietnamese currency is in play, BUT the best numbers I can guess is they are going to up 2 cents that\u2019s about it.\u00a0 Timeframe no body knows.<\/strong>\u00a0 But it is in play because of what China\u2019s done\u2026they don\u2019t have to compete.\u00a0 And basically President Obama went to Vietnam to hammer the nails in the coffin of China and basically said you don\u2019t have to worry about competing with them we\u2019re going to do business with you regardless of what the rate is.\u00a0\u00a0So that\u2019s kind of like a green light for them to add value to their currency.<\/strong>
\n______________________________________________________________<\/p>\n

ADMINBILL\u00a0(Dinar Guru) –<\/strong> <\/span>\u00a0 \u00a0\u00a0I DO NOT SEE THIS GOING PAST WEDNESDAY.<\/p>\n

BGG ~ B.S. ALERT!!<\/em><\/span><\/h2>\n

______________________________________________________________<\/p>\n

Kaperoni (Dinar Guru) – <\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “The central bank reveals the date of launch electronic currency<\/em>”\u00a0\u00a0I don’t want to get people overly excited but this is very good news<\/span>.\u00a0\u00a0<\/strong>\u00a0The CBI has always stated that one of the reasons for deleting the zeros was to get rid of the zeros because it makes it difficult in calculations and errors can occur.\u00a0\u00a0I cannot see the CBI going to electronic dinar without removing the zeros first.<\/span>\u00a0 Otherwise, it seems that they would only be creating a bigger issue than they already have.\u00a0\u00a0<\/strong>Keep fingers crossed.
\n______________________________________________________________<\/p>\n

If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! We couldn\u2019t do it without you!! Thanks \u2013 BGG!!<\/h2>\n

www.DinarUpdates.com<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"

Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3,8,24,17,5,18,6,7,26,23,4,21,20,22,25,19,14,9],"class_list":["post-12473","post","type-post","status-publish","format-standard","hentry","category-dinar-observer","tag-dinar","tag-dinar-chat","tag-dinar-corp","tag-dinar-detectives","tag-dinar-guru","tag-dinar-gurus","tag-dinar-info","tag-dinar-news","tag-dinar-recaps","tag-dinar-recaps-blog","tag-dinar-rv","tag-dinar-to-usd","tag-dinar-trade","tag-dinar-updates","tag-dinar-value","tag-dinar-vets","tag-iqd","tag-iraqi-dinar"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-3fb","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12473"}],"version-history":[{"count":4,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12473\/revisions"}],"predecessor-version":[{"id":12475,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12473\/revisions\/12475"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}