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.

Word for the day…

Mrs. BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.06.2015

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The problem with democracy: We get the government – they deserve. – Will Spencer

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*** Current News ***

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Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Friday evening 7:30pm CST!!

www.DinarUpdates.com – save as favorite!!
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firefly (Dinar Guru) – [...I’m praying for something to happen this weekend, we will see...]   There are many people expecting to see something very soon !
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Islandg1211 (Dinar Guru) – The war against ISIS is 70% complete. Although the toughest battles will be Fallujah and Mosul.  Baghdadi may have been hit, and not releasing that Intel would be very encouraging. However, the GOI is a big mess, combined with Sadr’s and the protestors’ actions.  Maliki and Shahstani are still not arrested.  The GOI still isn’t meeting. Abadi still hasn’t announced the rest of his cabinet.  The laws are still not passed.  The Kurds’ Article 140 and HCL are still not law.  All of this is in my opinion. But, I said this on Monday and I’ll say it again, Abadi has to use his power now or lose it.
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Bruce (Dinar Guru) – …rv happened on Tuesday morning…. but with authority still pending…new financial system will not allow price fixing, manipulation – set up so its fair…in the past blatant transactional manipulations… now it is designed to be fair, much faster, and transparent…financial deceptions are now exposed… it is possible that we are in a strong position right now, that we will see redemptions …very very shortly…once the process begins, there is turning back. That is why there has been so many stops and starts.  I would say we are in a position that we will see this very shortly.
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Iraqi Dinar/Dollar auction (most recent listing) 05-05-16

Currency Auctions Announcement No. 3192

This daily currency auction was held in the Central Bank of Iraq on the 05-05-2016

The results were as follows:

More: http://dinarupdates.com/blog/
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Backdoc (Dinar Guru) – IF YOU ALL REMEMBER IRAQ HAD TO SETTLE DEBTS WITH ITS CREDITORS A COUPLE YEARS AGO! HERE WE GO AGAIN!  WE AWAIT FOR IRAQS’ SHIA BROTHER [IRAN] TO SETTLE ITS DEBTS SO IT WILL BE ALLOWED TO RE-ENTER THE WORLD!  WHAT I STRONGLY BELIEVE IS IRAQ HAS MADE UP DRAMA TO STRING THE STORY ALONG UNTIL IRAN IS READY!  IMO THE TWO SHIA BROTHERS WILL GO TOGETHER! IT HAS ALWAYS BEEN PART OF THE DEAL! AMAZING HOW IRANS RESERVES HAVE SOARED, THAT CAME OUT OF NOWHERE! WOW!  ONCE THE DEBTS ARE SETTLED AND WE HOPE VERY SOON, IRAN WILL HAVE A CURRENCY OF COMPATIBILITY TO ITS SHIA BROTHER AND THE REST OF THE MONETARY REFORM WILL LAUNCH!  THIS IS WHAT WE WAIT FOR NOT IRAQ! IRAN! …IMO.
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Bluwolf (Dinar Guru) – …We are now in a great point…we are there in all aspects of this whole rv situation.  Things shall be moving forward shortly…
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wmawhite (Dinar Guru) – …what the deletion of the zero project is?   …it is a “project”…not a single event…the CBI, which controls the project…is already in the process of doing…   Also…the process of moving into the markets is not going to wait on whether the Prime Minister has all of the ministers he wants or if he has only half…it is a process that has already started…and again, what we see is not the end of the world…just look at Japan’s parliament, or Turkey’s…not all of the world follow our rules of behavior.
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Will Abadi resign from his party?

BAGHDAD, Iraq — Iraqi Prime Minister Haider al-Abadi is seeking to form a government of independent technocrats away from the quotas system, the political process that Iraq has grown accustomed to over the past 13 years. Under the system, the political positions are divided according to the quotas distributed among the main components of the country — Sunnis, Shiites and Kurds. However, the steps that the prime minister is taking in forming the government of independent technocrats has faced obstacles, most notably political and popular demands for him to leave the Islamic Dawa Party with which he is affiliated…

Read More: http://www.dinarupdates.com/blog/
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Chattels (Dinar Guru) – …the political discord makes it almost impossible to get anything through parliament, which is necessary to change the government.  …Abadi can change nothing without Parliament. The notion and assertions by the others that Abadi is “in control” or that “Parliament has been fired” is just nonsense.   It is a dangerous “game” being played and the future of a democratic Iraq as we know it hangs in the balance.

This is an ASININE “twist” on recent events. Abadi is in a good position (according to US DoD reports – recently) – in the event of a “care-taker” government being appointed…he could do almost anything he pleases. So that part is HOGWASH. Has Parliament been fired?? Of course not – however, Fuad Massoum would be well within his constitutional charter to dismiss Parliament and call for early elections. HE HAS THIS OPTION/RIGHT. THEY HAVE DISCUSSED IT – I ASSURE YOU…Have they – or will they?? Another story entirely…

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Poppy3 (Dinar Guru) – “…slow but deliberate movement…positioning to complete reform sometime in near future during june…”   TIME WILL TELL…SOME REPORTS THAT KERRY REQUESTED WHILE HE WAS THERE A COUPLE WEEKS AGO THAT IF THEY WHERE NOT GOING TO FINISH REFORM TILL THE LAST WEEK OF JUNE TO JUST WAIT TILL JULY 4TH AND THE USA COULD CELEBRATE A NEW INDEPENDENCE DAY. I TRULY DOUBT THIS…HOWEVER I COULD HEAR KERRY MAKING THAT SUGGESTION…   …we have come thousands of miles in comparison to previous years on things actually getting completed…get ready for great news in june till july first week. there will be movement during that time…not sure if they will rv during that time but it is expected by many researchers…we are definitely closing in and we will all win together.
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Frank26 (Dinar Guru) – IMO…Last Thursday BIS and WB said to Iraq…Go on MR.  Then they say that the IMF said they will finish with Iraq in May.  That’s what i believe.
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Shredd (Dinar Guru) – 1. Move to Market Economy with a market-driven currency  2. Supplement note denominations to support the growing value, as well as whatever the rate adjusts to rapidly to start with.  3. As large three zero notes become too large, begin removing from circulation  4. As rate continues to grow, continue to release the entire book of note denoms  5. De-dollarize   [post 3 of 3]
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 4/21 – @ 6:00pm CST

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Shredd (Dinar Guru) – so if we are to expect a move to a market economy with a market-driven floating rate, that will need to be in place before they activate actually removing the 3 zero notes…they are usable now due to the poor rate but in order to remove them, there must be incentive via a higher purchasing power, ie more value…so,this is a process, it will take time…so if the three zero notes being removed early next year, this process to get to that stage will need to start earlier…the process of having a rate that gives enough purchasing power to exceed the usefulness of the three zero notes because they will be too large.  imagine if the only USD notes we had were 100, 500, 1000, 5,000 and 10,000 same thing.  [post 2 of 3….stay tuned]
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Shredd (Dinar Guru) – Article quote:  “the Governor of the Central Bank and the agency on the Keywords, said a former time, that ” the project to delete the zeros will be implemented in early 2017, noting that the bank” began to develop the first project steps.”   to begin to remove the zeros beyond shrinking the supply that has already been taking place over the past few years, the dinar will need to be usable to the people…that can happen by adding value and as a result, adding smaller denoms eventually decreasing the need for the dollar.  [post 1 of 3….stay tuned]
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Abadi seeks to liquidate al-Maliki and Allawi and Nujaifi relying on our movement protest

BAGHDAD / Hassan Shammari: The leader of the Sadrist Prince Kanani, on Monday, Prime Minister Haider al-Abadi seeks to liquidate his opponents (Nuri al-Maliki and Ayad Allawi and Osama Najafi, by relying on the demonstrators, stressing that the protest movement is in the interest of the end for al-Abadi.

Said Kanani in alone for “Middle East”, and seen by “Sky Press,” that “Abadi Pat derives its strength from the demonstrators, and he was able to cross the protests of the overthrow of the leaders of the senior fold: Nouri al-Maliki, and Iyad Allawi, and Osama Najafi, Saleh al-Mutlaq through package The first reforms last year. ”

Kanani said that “al-Abadi is not weak as many fancy, but it will work on the liquidation of the remaining adult opponents, to take advantage of this protest movement flowing into the end of his interests.”…

Read More: http://www.dinarupdates.com/blog/
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tlm724 – Article quote:  “…the Governor of the Central Bank and the agency on the Keywords, said a former time, that ” the project to delete the zeros will be implemented in early 2017, noting that the bank” began to develop the first project steps.”  The project to delete the zeros still exists…still on the table…great to see it in the news again!  the situation of the country is not conducive to the deletion of zeros from currency…we kinda knew that… implementation delayed because of the security situation is stable.
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Islandg1211 (Dinar Guru) – The Monetary Reform was spelled out in the LOI from the CBI to the IMF six months ago. The final review scheduled in the LOI is the end of May. Combine this with Intel that the BIS and WB have signed off on the RV, along with Abadi and Biden. The bond, loans and credit rating agreement that was started in April with Jack Lew is expected to be finalized this month.  98% of the banking reform is complete. Abadi has stated that he has eliminated the Proxy positions, allowing him to appoint a new Gov of the CBI. The Board of Directors have already been replaced. So, the Monetary Reform has really progressed and is falling into place.
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