Dinar Observer Daily

Dinar Investor – Jeff    Article: “Al-Karraji Demands The Central Bank To Adopt A Real Rate Of The Iraqi Dinar“.

BGG ~ We still have Dinar in stock and ready to ship. $1250 per million (Fed Ex shipping included).  To get some Dinar (while you still can) – Call me directly, leave a voicemail, send a text (615-509-6256), send an e-mail or Facebook message me.

www.TheDinarExchange.com

Delta – Dinar Guru   …Huge information came out…the Bank of International Settlement in Switzerland is the hub of central banks…to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan.  It’s very amazing progress and all positive news toward our investment …the BIS is the one that distributes the rate internationally…this is huge by itself…

Mountain Goat – Dinar Guru   NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. …Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”…For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013…So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US… [post 1 of 2]

Mountain Goat – Dinar Guru  …the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and…another attack on the country n 2003…So now they have gotten so corrupt they can’t get off of them. The embargos on Iran and taken this corruption to a new high…But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change… but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen…We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think.  [post 2 of 2]

Dinar Investor – Jeff  …there’s only one thing on the table that has a direct requirement for the rate change.  It’s the payments of the reforms.  The reform payments require the rate change.   Before they can make a payment Iraq’s currency has to be internationally recognized…

MilitiaMan – Dinar Guru   [what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done  deal with the cbi. can someone explain…]   The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.

Petra – Dinar Guru  As you read about the white papers it really is driving the country to a brand new playing field.  And it all starts with changing the rate…based on this white paper that I reviewed today their next step is they have to change the rate to make the rest of the white papers work…

Petra – Dinar Guru  I’ve been so high on this that I have to look down to see heaven. I’m so excited to see what’s going on…the white paper detail…it clearly delineates the future for Iraq.  And it’s that plan that all does not happen without the change in the rate…it’s an exciting time for all of us to consider where we’re at with this investment.  I’m very excited to be where we’re at right now from a pure logic perspective…

Dinar Investor – Jeff  …about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses…Iraq can actually produce oil for about $10.70 per barrel.  That was just 5 years ago.  I doubt they’re even above $15 at this point.  Iraq can literally extract a barrel of oil for $15 a barrel.  So anything above $15 is pure cash profit…  Article “Brent barrel is at the highest level since March 2020“.  Brent oil was trading at $46.48.  Brent oil is getting positioned to be able to fund Iraq’s 2021 budget…

Petra – Dinar Guru   BIS is the Bank of International Settlement.  They’re the central bank of all central banks.  It is the lead bank in the world.  Their responsibility is to distribute the currency rates around the world to all the central banks…they work very tightly with the IMF and the World Bank.  They are also involved in investing.  I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq.  The big question one has to ask is – Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?

Mountain Goat – Dinar Guru  Article:  “15 countries sign the world’s largest trade agreement”   Quote:  “I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion,” said Vietnamese Prime Minister Noyn Chuan Phuc.”  So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!

MilitiaMan – Dinar Guru   Article:  “The Finance Committee sets the red lines available to the government to finance the deficit: borrowing…withholding salaries or printing a currency?”   Quote:  “the deduction and the reduction of the exchange rate against the dollar are among the red lines…”   There it is again…The reduction of the EXCHANGE RATE TO THE DOLLAR!!  1000 less three zeros,  1/1..?  …they are not going to do deductions to salaries with out increasing their purchasing power, imo. This is the second article in 24 hours along the lines of reduction of the exchange rate, i.e., deletion of the zeros…They reduce the exchange rate and those that have foreign reserves are going to get a massive boost in value.  The citizens will get purchase power. It is a win win all around…imo.

MilitiaMan – Dinar Guru   Article Quote:  “It is noteworthy that a member of the Parliamentary Finance Committee, Jamal Cougar, said today, Sunday, that the government would resort to reducing employee salaries allocations, in light of the ongoing financial crisis, and the government will also resort to activating collection, taxes and direct deduction from the currency auction.”   Reducing salary allocations means they are to be adjusting the exchange rate…Reducing the 000s from the exchange rate means effectively having to pay less currency as the value of it is greater!! Imo . Again, they are not going to tax at a program rate!! Imo

Dinar Investor – Jeff  …There’s a very good chance that we will most likely see the rate change during this 2020 Iraq fiscal period…because they got the borrowing law.  That was money needed to fund the reforms in their budget…that’s really good news that we saw Iraq do the borrowing law.  The borrowing law simply means they can change at any time…

Kaperoni – Dinar Guru   Doesn’t matter how bad the conditions get in Iraq, there is no RV.   Not how monetary policy works. The only way the dinar can rise is if Iraq creates the conditions, passes the laws and gets foreign investment to come in and create a private sector. In other words, unless they diversify, build a growing economy the dinar will do nothing. There is no magic wand.

BGG ~ Mike’s opinion. Everyone has one. Uhhhhhhh… but did anyone mention to him Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market.

Pimpy – Dinar Guru   …always ask yourself what are the odds of them allowing people to know in advance that a rate change is about to happen?  It would cause a tsunami of people, speculators, running over there and trying to grab more dinar and causing more problems for Iraq…

MilitiaMan – Dinar Guru   Article:  “Deleting 3 zeros from the currency…Parliamentary finance is suspended and determines the size of the cost and the economic effects ”   …I look at this article as being another fair warning of the change that is to come…not only are they thinking about the deletion of the zeros, it has been in the works for many years now and is about to be launched. imo…They…what the focus is.  It is actually deleting three zeros from the exchange rate, which reduces the number (as they show) from 1000 to 1, which then begets 1/1 and with that comes great purchasing power…imo…

Pimpy – Dinar Guru  Article “Private banks announce support for central bank reforms to develop the Iraqi economy”  the banks are happy about the reform papers…you were told that the rate change is in these papers.  We know they told us that the DISCUSSION of the rate change is in the papers.  Are they going to announce anything?  I don’t know.  But there’ is nothing out there that says that once these are implemented that the rate change would be part of it.  All we know it that they told us that they would discuss it.  That means the rate change can happen at any time when you least expect it. 

Dinar Investor – Jeff  Iraq is talking from their butt on this.  Half the crap they tell you is not even true…let’s back up to last year…they didn’t change the rate…but…on March 21st of last year they told you…they had full intentional of increasing their exchange rate…then through the middle of last year they put out a crap-load of articles talking about coins and how coins could only be released based on the parameters that they increase the exchange rate…so they give us all this information last year suggesting they have full intentions of increasing their exchange rate.  Then they don’t. And then this year all they put out are these articles talking about physically lopping the currency.  They’re just screwing with your head.  You can’t take these articles serious.  All they’ve done is pumping BS to you.  These articles are complete lies.

Mountain Goat – Dinar Guru  Will other currencies RV along with the reinstatement of the Iraqi dinar?  I have never discounted any other currency from also RVing along with the reinstatement, as this might also be a good time to do them. But the one thing that I hate the most is this talk about a “planned” GCR (global currency reset). There is no such thing as a GCR going to happen and there never was…

MilitiaMan – Dinar Guru  Yesterday Iraq Finance Minister is given the green light to negotiate with AYSCUDA. The negotiations would have to be with information that would need to have been obtained from the CBI to negotiate Iraq’s procedures to get up to international standards as that is expected of a Country that to be a modern market economy.. The BIS may be our icing on the cake. Imo IT IS!!!  [ASYCUDA provides the core software and related expertise to create an efficient and effective environment for the management of Customs operations”]

Pimpy – Dinar Guru  …one of the rumors that I seen flying around was Al-Kazemi has secretly spoke with President Trump and he said once he landed into Iraq he was going to go ahead and implement the rate change.  Here’s the thing when it comes to this rate change.  They’re not going to announce it…they’re not going to tell anybody.  They just do the rate change…you’ll just wake up one day and a rate change will be done.  That’s how it’s going to work.  Somebody will spot it first – they’ll start spreading it.  People will find out.  It’ll spread like wildfire.  Then you’ll know it’s done…

Dinar Investor – Jeff   Article:   “The government intends to “peek” parliament…Alternative solution to “rejecting internal borrowing” in the 2021 budget: resorting to citizens’ money!”  …a very good article…I keep trying to tell you guys they’ve got to have the rate changed before they can really even start the approval and creation process of that ’21 budget…this has 21 budget post rate change written all over it…

Petra – Dinar Guru   Article:  “The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities”   Quotes:  “The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties.”;  “the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves.”   Who better knows they are under Article 14 and cannot transact internationally…unless?  So why make this commitment of investment?   It’s a rhetorical question!  And yes, of course they would know about the rate change because they are the ones who will notify all the other CB’s around the world when it is formally announced by the CBI. Somethings coming!!!  Watch the CBI!!!

Dinar Investor – Jeff   What is the budget waiting on?  Why haven’t we seen it yet?  Well it’s simple.  Because this budget has reforms in it.  It literally needs the rate change for its calculations.  In other words they can’t start the budget until after the rate has changed.  Article:   “The 2021 Budget Will arrive in Parliament Next week“.  If this is true I’ve got a big smile on my face…everything I’ve been telling you is right on track…we’re looking good.

Delta – Dinar Guru    ...they say when Iraq goes back internationally they have to go to the pre-war…that’s about $3.22.  They’re talking about a reinstatement…it’s a one way street.  There’s no going back. You can see the urgency and rushing to finalize this…because they know when they release the value and go international whoever becomes the president in the U.S. they cannot change that anymore because it’s a one way street.  If they go right now, to say 1 to 1, they cannot come back and say we’re going back to 1200 dinar.  It doesn’t work anymore…they are moving very fast…they have to finish and finalize the new rate.

Mountain Goat – Dinar Guru  Article:  “ASIA TIMES: ASIA-PACIFIC COUNTRIES SIGN WORLD’S LARGEST TRADE PACT … INCLUDING VIETNAM, INDONESIA ”   Vietnam is getting into the same situation as Iraq . Unless they release a rate it will be hard to do business in Vietnam with all these zeros. This is one to watch. I have proof that the Dong was scheduled to revalue way back in 2011 and was held up due to money laundering for China . But that was 9 years ago. It is way overdue to revalue.

Dinar Investor – Jeff   Let’s talk about the 2021 budget…”the rate is in the budget“.  That’s not true.  Budgets do not contain rates.  They’re calculated off rates…it simply converts the overall calculation of the budget from being calculated in trillions of dinar (this is in today’s rate) to billions of dinar after the rate change...