Dinar Observer Daily

Tivon – Dinar Guru Article “Al-Kazemi’s advisor: “relative” control over prices and food security will support us”  There it is Ladies & Gentlemen…This means they can come out at a comfortable 100,000/100 USD at anytime.  Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.

We have Dinar – best rates!!

Price: $1050 per mil (plus S/H while supplies last).

If you would like to place an order, please call me direct, or send a text (615-509-6256), or send an e-mail (bgg@ozarkisp.net).

www.TheDinarExchange.com

Militiaman – Dinar Guru   Article:   “Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development”  the EFSL, it was voted on 06/08/2022.  15 days to be law with out signature is estimated to be today or by tomorrow.  With the Finance Minister being keen on implementation today, is a very positive sign. He is the legal side of the check book.. Lol The CBI just has the cash.. lol It may have to wait to be published, but, effectively it is law once the 15 day is up which would be in my opinion anytime now…

Samson – Dinar Guru  Article ” Iraq Achieves The Highest Oil Revenue In Its History”

Kaperoni – Dinar Guru …Yes, al-Maliki desperately wants to be prime minister again. 

Militiaman – Dinar Guru  The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless…the law was voted on 06/08/2022.

Tivon – Dinar Guru  Article: “A statement by the Ministry of Finance on the debts of social protection beneficiaries”  I wouldn’t understand someone reading this…Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting “Purchasing Power” which would require them not only to reinstate the currency but also installing the NSCN…The next 24-48 hours will tell us alot…We are in prime position right now. This is unfolding beautifully.

Pimpy – Dinar Guru   I said I do not believe we’re going to see any type of a rate change any sooner than a couple years.  People lost their damn minds.  They’re freaking out.  I know.  I get it… [but] this is the ‘stay grounded channel’.  I try to educate as I go along…showing you what it is that has to be put in place before an exchange rate of a currency can be considered.  Iraq is nowhere near there…

Just because you have a lot of money doesn’t mean the rate change is going to take place...You have an economy that is not stable…a government that is not even formed… There are uprising taking place…ISIS is rearing up their ugly head again…these are the things you have to take into consideration before you change the exchange rate.  Outside investors are not going to show up until it’s a lot more solid…

BGG ~ When was the last time a “Guru” was right, about anything? Breathe people… just breathe…

Nader – Dinar Guru  Sadr is back to parliament to get Maliki out… 

RVAlready – Dinar Guru  Fortunately, the CBI governor does not seem to be in the Maliki camp. He has been too slow getting this done, but he appears to be moving in the right direction.

Petra – Dinar Guru  Watching the Parliamentary antics is truly a waste of time.  We watch the ESFL exclusively and the actions of the CBI. And, with the ESFL on the precipice of full exposure it is many opinion that the rate will be exposed prior to any new government sitting so as no one bloc can claim success in freeing the people with their new PP available with the new rate. This was the design of the WP’s and its authors since they were designed.

MilitiaMan – Dinar Guru  Article:  “Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022”  It looks like they are setting the stage to be ISO compliant.  We have witnessed the set up of new high tech ATMs.  Once everyone is ready and integrated I suspect they’ll issue the ISO certification all at once. We can see…they are not waiting on any future form of government...This is a good sign of things to come…

Mountain Goat – Dinar Guru   Article:  “THE WHITE PAPER AIMS TO ACHIEVE TWO STRATEGIC GOALS”  Quotes:  “the white paper aims to achieve two strategic goals: 1. the first is to initiate a radical and immediate reform program…  2. …“The paper was designed to present a mixture of strategies and policies to confront Iraq’s economic problems,…regardless of the form of the next government”  as investors of the IQD we know that the White Paper is significant to us because…they tell us a goal is to go international and back to FOREX.

Kaperoni – Dinar Guru   As I’ve already stated there are two proposals in Iraq. The first proposal which is being taught to citizens is a currency replacement or a LOP.  The second proposal which I believe is the directive of the IMF is to allow the currency to gradually appreciate over time as their economy grows. This is not an overnight event but a long-term event.

Pimpy  – Dinar Guru  Article: “Al-Maliki’s coalition moves to vote on replacements for the Sadrist parliament in an emergency session”  Maliki was pushing these people to go ahead and accept the resignation of Sadr and his deputies as quickly as possible…He wanted to replace him so badly and quickly that he called an emergency session…I don’t want to say it’s over for Sadr yet until it’s over.  You can see Maliki is in a rush to make sure that Sadr’s people cannot come back.  Will that happen?  Let’s see…

Tivon – Dinar Guru  Article: “Al-Kazemi’s advisor talks in detail about the white paper: reforms in a professional manner” …The EFSL/Citizens Entitlements that is not contingent upon a seated government.   White Papers/EFSL go hand & hand…they want this done irregardless of what is going on in the political realms…The EFSL is basically the official start or initiator of the “The White Papers”. And the Monetary/Economic Reform…

Samson – Dinar Guru  Article:  “Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022″.  Quote:  “Iraq ranked first in the Arab world in terms of GDP growth rate, followed by Kuwait, then Saudi Arabia third, then Egypt fourth and Oman fifth.”

Militiaman – Dinar Guru  Article:   “The Arab Monetary Fund Holds An Interactive Workshop To Talk About The Experience And Interaction Of Participating Financial Institutions With The Buna Platform For Arab Payments”  Iraq is going to be one of the largest trading partners in the region and the re construction of the country is to be under way shortly... [Post 1 of 2]

Militiaman – Dinar Guru  They’ll need to get the exchange rate of the IQD internationally accepted and cleared. The new ATMs with currency recycling and mention of coins today are huge clues as to that Iraq is getting ready for internationalism by those two items alone a long with the AMF being ready for more currencies. The education is underway and gaining steam in Iraq.. All looks very good.. [Post 2 of 2]

Tivon – Dinar Guru  Al-Tamimi (Legal Expert) said the EFSL will enter implementation after 15 days regardless of any signature by the President of The Republic.

Petra – Dinar Guru  The EFSL is marching down a time controlled track.  And, we do not know if Saleh has signed the law or not.  Regardless, we are all in agreement that it becomes law 15 days from the vote.  So why has he not signed it?  Because…PM K and THE COM needed time to review all the contracts to insure when the deployment deadline hits…the EFSL can handle all the contracts, the CBI can defend the rate globally, And the secondary markets are protected as they begin to develop the Iraqi infrastructure.

Samson – Dinar Guru  Article “Al-Maliki flirts with Al-Sadr and offers cooperation”

Sandy Ingram – Dinar Guru   Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties.  What this means is Iran ‘s Sunni influence in Iraq will likely grow considerably.  This may not be the best outcome for investors.  The runner-ups are Iran-backed supporters. 

Tivon – Dinar Guru  ...All the EFSL is waiting on  is the signature of Presidency Saleh. Not something still pending like the Gov formation…Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws that, if enacted, will contribute significantly to tackling unemployment and creating job opportunities for young people, as it will guarantee them all pension rights and privileges.” This is the private sector Ladies & Gentlemen. How can this work without an exchange rate?

Pimpy – Dinar Guru   Sadr knows what he’s doing.  He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework…there’s a problem, they’re still trying to figure out how to get Sadr back along with his deputies.  This puts Sadr in a strong position of power…the Coordination Framework has to be freaking out.  Sadr is a lot more popular than people realize and he easily can cause an uprising…I think…he’ll come back only if he gets what he wants…

MilitiaMan – Dinar Guru   Article: “Maysani issues a book documenting Iraqi stamps and coins”  Timing if this being exposed is not by coincidence, imo. They’ll likely once they re issue a new exchange rate will have a need for coins, thus, the book would be expected to be updated to reflect this next historical move. [Post 1 of 2]

Militiaman – Dinar Guru  The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs…Then we saw the ATMs that have new innovative technology to recycle currency.  They roll out of the new exchange rate education is imo fully underway.  All while the EFSL has a time clock to be presented in the Gazette. I like what we are seeing. [Post 2 of 2]

Mountain Goat – Dinar Guru   …After my conversation with…my contact in the Central Bank of Iraq (CBI)… I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end of June…With the reinstatement to FOREX the goose that is laying the golden eggs of corruption money will end since the currency auctions in the capacity of today will also end…I was told that this is sooooo close (and I mean so very close) to the event...

Militiaman – Dinar Guru  Article:  “Extensive praises to the Customs Authority after implementing the ‘Automation’ system”  The borders are ready for the CBI to show case the rate…Imo We are in a worldly place now…

Samson – Dinar Guru  Article:  “The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy“