Samson – Dinar Guru  Article: “The largest gas field in Iraq is close to seeing the light: a wealth that will reduce the import bill“

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Kaperoni – Dinar Guru  A country’s currency is not some random act. An exchange rate is based on many factors including: reserves, GDP, economic growth etc. Iraq has a long ways to go and must pass laws to encourage investment. Only with the success of Iraq’s economy can the dinar rise in value.

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Clare – Dinar Guru  Article: “Advisor to the Prime Minister: The dollar exchange rate in the parallel market is gradually approaching the official one”  Quote:  “Saleh, explained the dangers of the exchange rate fluctuations in the event that demands for floating the dinar are met, while confirming that the dollar exchange rate in the parallel market is gradually approaching the official one…”

Pimpy – Dinar Guru  Some of the bigger points we see inside the Iraqi dinar community such as, ‘Let them reinstate the exchange rate to $3.22 the old rate.‘  That’s not the old rate. That’s been a myth for a long time…The $3.22 rate was there but that was not the one they left when it became a devalued currency. It was something like $1.52.  The other one [myth] is the
hydrocarbon law that once it passes then the Iraq citizens are going to get payments. They’re not going to get payments.  Read the law, nowhere does it say they’re going to get payments.

Militia Man – Dinar Guru  Everything is falling in line for Iraq to go international.  You haven’t see the salaries paid yet…you haven’t seen the oil start pumping yet into Turkey…Why?  Because they haven’t shown us or exposed an international real effective exchange rate.  That’s my view on it.

Pimpy – Dinar Guru  Community comment “Parliament doesn’t have to vote on a budget…” They do whenever you make  amendments or changes...If you’re going to change something in there you have to vote on the amendments…  Community Question “So  you’re saying if they’re gonna change the exchange rate on a budget they have to vote on it?”  That’s correct.  Yes. 

Clare – Dinar Guru  Article: “On a tour that included Karbala, Babylon, and Ur… Two American tourists: We felt  completely safe in Iraq”  Quote: “Hudson and Emily Crider, travel the world on a mission to explore each country and document its  cultural experiences…In a series of more than 20 videos, the Criders detail what it’s like to be an American tourist in Iraq,  offer travel tips and debunk misconceptions about the country…They said: As Christians, we found (Karbala) a wonderful city to see and the people were very welcoming. It is really special that they allow people of all religions to come here and learn more  about their beliefs.” 

Nader – Dinar Guru  The budget have to be approved by the parliament…Sudani cannot make a decision by himself...The budget doesn’t have to be approved by parliament…it’s not true.  They have pass by the parliament and parliament have to vote for it.  Any changes on that budget the parliament have to agree into it and have to vote for it and have to sign it and send it to Sudani and then the president of Iraq…It is active yes but not completely active.  Any changes have to be approved by the parliament of Iraq.

Militia Man – Dinar Guru  When you talk about drop the three zeros…Al-Sudani’s goal is to bring purchasing power to the his citizens.  When he said $0.76, that’s purchasing power.  It’s not a lop.  It’s purchasing power.  If you have a lop you don’t have purchasing power, you just have a change in denomination…They’re going to bring purchasing power to the citizens.  All of that is happening before our eyes.  

Pimpy – Dinar Guru  Question:  “If they delete the zeros will our dinars drop in value?”  If you’re in Iraq you don’t lose any value…People who are invested in the Iraq dinar…EXAMPLE:  Let’s pretend like the new exchange rate has changed and you can get $1 US for every 1 dinar…If you had the 25,000 dinar, the 1 to 1 would be perfect without them deleting the zeros.  That’s because you would get $25,000 for your 25,000 dinar.  But if they delete the zeros…your 25,000 dinar is now reduced down to a 25 dinar.  Even if they go 1 for 1 that means you’re 25 dinar is only worth $25.  So yes, your dinar would drop in value if they delete the zeros before the change in the exchange rate happens.

Mountain Goat – Dinar Guru    …What will May bring us investors? I have to tell you that April’s news was amazing and I don’t know how the news can top last month except maybe give us what we are looking for. Am I saying its going to RV in May? Of course not…no one knows the date of this event…Does it seem that we are very close? Yes, it seems this is just around the bend and the finish line is in our sights. …there is a huge glimmer of hope we could see the RV very soon.

Dinar Investor – Jeff   Article:   “Parliament expects the arrival of the 2024 budget schedules”  Quote “…There are efforts to guarantee the right of many segments in the items and schedules of the 2024 budget but they cannot be judged without waiting for the numbers they contain.” The rate has to change before parliament can approve the amendments to this budget.  This is why I showed you the final countdown a few days ago because I knew this was coming forward and here it is for you…

Breitling – Dinar Guru  The threat of a lop is still the same as when I got into this investment…The lop question is based on hyper-inflation …verses policy inflation.  The Iraqi dinar is stable.  It goes up, it goes down but it’s not major like what Zimbabwe and these countries where it was massive inflation.  No body could control it.  Iraq has complete control of the Iraqi dinar …The Iraqi dinar is a completely different ballgame.  It’s not hyper-inflated because of the markets.  Iraq doesn’t have a customer problem…production problem.  Iraq has a policy issue.  The people at the top know what they are doing.

PompeyPeter – Guest Guru  Sudani has said on several occasions talked about commencement of the reconstruction of Iraq in the month of April.  Salih the economic advisor talked about them spending 50% of GDP in April.  Well he said within two weeks which would take us to the end of April…In order for those things to happen it means the investment side of the budget has got to be opened.  They’re not going to be doing all these things at 1310.  We know the contracts cannot be written in dollars anymore.  They’re in IQD.  Again these things are not going to be done at 1310.

Militia Man – Dinar Guru  Quote on X [Formally Twitter] There’s some information out there today that says the Central Bank of Iraq’s governor has advised citizens to get ready for a currency exchange…Whether it’s true or not we’re going to find out…The reason why I bring it up is because that kind of to be expected, they’re having financial inclusion…they’re talking about that.

Samson – Dinar Guru  Article:  “URGENT: Sudanese Advisor: The 2024 budget has entered into force… and there is no need to send its schedules to Parliament”

Militia Man – Dinar Guru  Article:  “We will see the dollar decline in the black market soon…the central bank’s credit rating [from the World Bank] is an A++ and exceeded the United Arab Emirates…”  That’s the prime minister’s advisor talking…That’s phenomenal.  It’s big.  It says a lot.  It says they have trust.  It says Iraq has the ability to pay back their bills.

Dinar Investor – Jeff   Mid last week I posted  “The Final Countdown”   …Here’s the reason why right here…The approval of Iraq’s budget is waiting on the rate change.  That’s why it’s been outstanding/ pending for 6 weeks.  This week we’re entering into will be its seventh week.  In order for them to complete and approve, the budget is waiting for the rate to change …You’re seeing countless articles on this.  This is a critical piece to the timing of the rate change. 

Mountain Goat – Dinar Guru  The Minister of Commerce and Chairman of the National Committee concerned with Iraq’s accession to the World Trade Organization, Atheer Daoud Salman Al-Ghurairi…Article quote:  “…the completion of the files for the initial offer of goods and services within the files for joining the organization”.   No, they did not yet announce Iraq’s full
accession to the WTO but this is certainly getting close…I assume sometime soon, the National Committee will hold its third meeting with Iraq on the accession review…  With the US now backing Iraq this should move along quickly now.

Clare – Dinar Guru  Article: “Prime Minister’s Advisor: We will see the dollar fall on the black market soon“. Quote:  “The political advisor to the Prime Minister, Fadi Al-Shammari…pointed out that Iraq agreed with the US Treasury on a road map that includes a third party represented by an international consulting company to audit the procedures of the sanctioned banks, and its decisions are binding on the US Treasury.”

Sandy Ingram – Dinar Guru  Shocking documents from Iraq’s Federal Board of Supreme Audit have uncovered a massive corruption scheme.  Over 151,000 citizens were involved in the illicit buying of US currency…[They] obtained dollars at the official state rate for travel purposes but never left the country.  The black market refers to them as “ghost travelers”.  [We] are thinking the Iraqis sold the dollars for more money than they invested.  As a result of the corruption Iraq’s Central Bank employees, private banks, currency exchange companies and tourism firms were all involved.  This is a $600 million corruption scam involving the US dollar…

Breitling – Dinar Guru  When I did the evaluation [of the dinar] it was against countries and currencies that had lopped.  I had the same questions as you guys when I invested.  Where is this going?  How can this work?  I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar.  The dinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that…Yes, they can add value to currencies that have a lot of zeros behind it.  Iraqi dinar is stable.  They can and are going to add value to it.

Pimpy – Dinar Guru   People still continue to claim a re-denomination or the deletion of the zeros is somehow different than a LOP.  It’s not.  It’s the same thing…

Militia Man – Dinar Guru  Article quote: “…anticipating the impact of the central bank agreement with the US Treasury on exchange rates…it is hoped the Central Bank of Iraq will announce the measures that were agreed upon in Washington which could have positive impact on the exchange rate…”  The key focus is they’re talking about the exchange rate, positive impacts, the US Treasury on exchange rates.  That is fascinating.

Petra – Dinar Guru   Article: “The most difficult option… Warnings of the danger of floating the Iraqi dinar without achieving an important condition”   “hit” piece. Very poorly thought out and clearly indicates an ignorant author who does not understand economic processes and protocols, international finance, banking and transfer monies in an active productive society.  Clearly this writer attempted to use big words with unsubstantiated information and “no” back-up documentation other than…opinion. And, as stated, an ignorant one at that.

Militia Man – Dinar Guru  What did they say with JP Morgan just the other day? …He’s talking about emerging markets.  They’re focused on emerging markets and growth.  Iraq is an emerging market.  They’re not even international at the point of their exchange rate.  1310 is not viable around the world.  It’s not yet.  Whatever they’re doing, they’re focusing in on this is my view on it.

Mountain Goat – Dinar Guru  I don’t want to fill you minds with false hope or over speculate but…we can clearly now see something BIG is about to happen…our choo choo train is speeding down the track. The destination is the reinstatement but remember to reach it, the train must first make a couple stops along the way.  Many of these stops already occurred as we get closer and closer to our destination.   We can almost see the finish line…

Pimpy – Dinar Guru  What Iraq is preparing to do is delete the zeros off the currency.  That’s not what we wanted but that’s what going to happen...Everything has to do with what’s good for Iraq, not your investment.