Dinar Observer Daily

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.

BGG ~ We 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

BTW – don’t shocked in 30 days when the supply is gone again and prices up again.

Whatever supply is available right now – I GUARANTEE it is temporary.

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...

Mountain Goat – Dinar Guru   Article:  “THE DECLINE IN THE RESERVES OF THE CENTRAL BANK OF IRAQ TO 35 BILLION DOLLARS .. AND THE REASON!”   so the loans they have been recently talking about to pay the salaries did NOT come from outside international funds? So they lied to us and to the Iraqi people. This is not good as they are now below the acceptable IMF levels for financial requirements. I told everyone they could NOT get outside loans in spite of what they were telling us they planned to do…

Delta – Dinar Guru   …there’s so many confirmations that the Central Bank of Iraq they’re on the verge to changing the rates and then go to the market economy…the CBI governor…told everyone that he is going to make the Iraqi dinar stronger.  This is what we’re looking for.  We’re really in good progress…not everything means imminent revaluation…yes, something is going to happen.  We don’t have much left…even if it’s going to happen December or January that’s less than 2 months left…this is the end of it.

Dinar Investor – Jeff  …Iraq has shown us for a while THERE’S NOTHING LEFT!  Since they completed the Borrowing Law we only hear crickets from Iraq.

Pimpy – Dinar Guru   …there’s a lot of speculation…that the rate change is in the 2021 budget.  We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone.  They’re just talking about it.  Are we anticipating a rate change?  Yes.

Mountain Goat – Dinar Guru …we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings…to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.

Mountain Goat – Dinar Guru   Nothing has changed and so we are just waiting until the new fiscal year 2021 clock to begin and the adjustments along with the project to delete the zeros may take place.

Dinar Investor – Jeff    the last step is positioning in the money.  That’s what they’re doing right now…one of the most important steps of positioning the money is changing the rate and making Iraq’s currency internationally recognized.  That’s one of the most important steps of the reforms.  Everything is right on track.  It’s looking very very good.  We are moving in the right direction.  Iraq should have everything done and ready to go by the 21st next week…I’m not giving you that as the RV date…that’s when they’ll have everything done and ready to go…they can change the rate anytime after the president signs it [the borrowing law].  We’re looking very good.

Dinar Investor – Jeff  …They’ve done it!  They’ve approved the borrowing law.  The 3rd and final reading is all done…  Article:  “Parliament passes the borrowing bill and gives a green light to pay salaries” …it’s not a legal binding law yet.  The next thing they’re going to do is pass it off to the president for signature.  That will not happen  until next week…The president has to sign off on it so it can be a legally binding law and can be printed in the gazette.  That won’t happen until next week…by the 21st…there’s nothing else remaining.  This is the last and final step required for the rate change…they can change the rate anytime after that…

MilitiaMan – Dinar Guru   Article:  “Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services”   This Islamic bank must know it…it is now safe and secure!! The place was a smuggling haven in 2003… For this to be in the stage of opening banks in this port is  very telling... Just as the Port of Anara with Saudi Arabia is now…The ITBs banks are even gearing to finally open branches. Not just one but many in SA… IMO All good..

MilitiaMan – Dinar Guru   Article: “Al-Kazemi announces the launch of salaries after the approval of the loan law“  From the looks of what we are seeing the investment side of things is pushing forward…They really need the investment, reconstruction and employment. Paying salaries, creating future income to support those salaries is a function of going to a market economy… Full steam ahead…And it looks to be quite quickly now too.

Mountain Goat – Dinar Guru   Article:  “PLANNING EXPOSES THE LIES OF POLITICIZED PUBLICATIONS: THE IRAQI-CHINESE AGREEMENT IS LAUNCHED FOR IMPLEMENTATION … AND THERE IS NO ALTERNATIVE WITH EGYPT”  Quote:  “...we will announce some of its programs within the next two days and the steps TO ACTIVATE THE AGREEMENT THAT BEGAN WITH THE ERA OF HAIDER AL-ABADI’S GOVERNMENT AND WAS COMPLETED WITH THE ERA OF ABDUL-MAHDI, AND TODAY IT IS IN THE PROCESS OF IMPLEMENTATION”  we know part of this agreement was having the ability to transfer funds easily in and out of Iraq. So are we that close to the reinstatement of the Iraqi dinar? This is a very good announcement for us.

Adam Montana – Dinar Guru    In the US of A, we have a political fustercluck [a complex and utterly disordered and mismanaged situation…by Merriam-Webster]…, and like I said last week…the winner of the election doesn’t really affect what Iraq can and will do. It does, however, have an impact on what current President Trump may do in his (possibly) final months as CEO of the USA. Pushing Iraq towards an increase in wealth would be an incredible thing to add to the list of accomplishments, don’t you think?   I do…   [post 1 of 2]

Adam Montana – Dinar Guru  The price of Oil is…important to Iraq, and that’s doing fine… Also important is the political state in Iraq, and that too is doing fine…So… what’s the holdup?   HCL. And Article 140, to a limited extent, being limited to it’s importance to the HCL…Good news, though…that’s being worked on, and progress is being made… Don’t give up yet, friends…things are moving…GOOOOO RRRRVVVVV!!!!   [post 2 of 2]

Dinar Investor – Jeff   Article:   “Parliament holds a voting session on the borrowing law”  …we’re looking for two things after this…We’re looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law.  We need to see an article that’s saying it’s fully approved and done by parliament.  And then the second article is we’re looking for the law to be passed off to the president.  We need him to sign it.  It needs to be a legal binding law…those are the steps we need to see with the law before you’re going to see that rate change…the president most likely is not going to sign it until probably next week sometime…

Mountain Goat – Dinar Guru   Article:  “IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM”  …two of the pillars of reform out of the White Papers…include: 1)  REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR;  2)  Establishing  new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX).  So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out…all I can is WOW! Here it is in black and white for us to read.

Mountain Goat – Dinar Guru  Article:  “IRAQ IS PREPARING TO RECEIVE DONOR COUNTRIES NEXT WEEK”   Oh — why are donor countries all of a sudden wanting to come in to Iraq now? Could they know something we don’t?   Oh – but we do know it and it is coming to us soon…It’s called “reinstatement of the IQD on FOREX for trading (buying and selling) and not just a placeholder as it currently is.

Mountain Goat – Dinar Guru   Article:  “THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE”   We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and  off their sanctions list was so important. Do you get the  connection now?

Pimpy – Dinar Guru  There are some concerns we need to talk about and get out in the open.  No sense dragging it out.  Let’s rip off the bandage… Article:  “A Biden victory would be a loss for Iraq”  …they’re concerned about Biden announcing ahead of time that he’s going to go ahead and enter once again into this Iranian nuclear deal…the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on…this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East…

MilitiaMan – Dinar Guru   Article: “Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget”   …Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo…

Frank26 – Dinar Guru  …the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump.  Nothing to do.  Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they’re about to. Now do you think I’m going to cash out my dinars if Biden wins?  No.  He’s going to steal all the money. 50% taxes.

Mountain Goat – Dinar Guru  Article:  “AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK”  Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for…there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!

Pimpy – Dinar Guru  …here in the United States there’s a restriction on the currencies {Iraqi dinar].  You used to be able to go into Chase bank and other banks to buy…but they stopping selling for for now.  Once whatever this is that  happens happens obviously they’ll remove the restrictions and allow the banks to do the exchange.  When I talked to my bank manager which I’m at Wells Fargo and I asked him what do I do if this happens…He said it’s real simple.   Bring the currency into me.  He said obviously if you have millions of dollars we’re not going give you millions of dollars to walk out with a shopping cart.  It doesn’t work that way.  We would have a set appointment so they can order that amount of money.  I said ok.  He says if you’re just depositing into your bank account, bring in the money, we validate that it’s real.  I’ll tell you what the exchange rate is and how much money is going into your bank.  If you agree we charge you like 1% or 1.5% fee.  He said it just that simple and I said wow ok…

BGG ~ This is wildly inaccurate information. Wells Fargo Buy/Sell spreads are published and available for all to see. It is approximately 18-19% on KWD (currently). To expect any different on a “thinly traded exotic”… (as in “more exotic” than the KWD) is simply not realistic.

Adam Montana – Dinar Guru    I’m sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world.  If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency.  If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want.  No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won’t be doing anything to hinder Iraq in an RV. [post 1 of 2]

Adam Montana – Dinar Guru   That may be why we aren’t seeing any actual news about Iraq’s currency as it directly relates to the US presidential election… because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world – the USA.   With all that said…my suggestion is simple.  Hang tight, wait for the official RV announcement…GOOOO RRRRRVVV!!!   [post 2 of 2]

Dinar Investor – Jeff   Article:   “The agenda of the parliament session for next Saturday and begins with a bill to finance the fiscal deficit”  Next Saturday (November 7th) they’re doing the second reading of the borrowing law.  Remember there is nothing else left.  This is the last item we’re waiting on.  We’re not waiting on a budget or anything.  We’re waiting for one last thing.  This  …So they will be doing the 3rd reading on the borrowing law Saturday November 21st…Don’t forget they can change the rate any time when they finish this law…this is huge.