Dinar Observer Daily (2024)

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Posted on August 30, 2024 by The Dinar Observer

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Posted on August 30, 2024 by The Dinar Observer

Militia Man – Dinar Guru Article: “Al-Mashhadani announces the approval of the majority of deputies to his nomination for the post of Speaker of Parliament” Now it is waiting for a vote. Let’s see how long that takes…I do believe the optics of having all three presidents in place when they fully open the doors to the world with their real effective exchange rate, will or would be well accepted globally. Investors would likely see it as security and stability.

Posted on August 30, 2024 by The Dinar Observer

Mountain Goat – Dinar Guru Article: “GOVERNMENT ADVISOR EXPLAINS THE POSSIBILITY OF USING THE DINAR INSTEAD OF
THE DOLLAR IN OIL SALES” This is a…VERY good article in that it talks about the risks associated with pegging the dinar to oil prices…Instead they plan to repeg to a “basket” of international currencies from the top developed nations.This much less risky and is much more stable.Besides this is the Dr. Shabibi and IMF plan for Iraq. Article Quote: “Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices?” I luv this…it reinforces again they are NOT going to peg the dinar to the price of oil... Nonetheless this…tells us they know they must do something and do it soon!

Posted on August 30, 2024 by The Dinar Observer

Militia Man – Dinar Guru The Development Road Project is going forward whether you like it or not.Iraq is going International, they just haven’t yet.They’re not on the Forex but are they going to be there? I think they’re going to be there…quite soon.

Posted on August 30, 2024 by The Dinar Observer

Clare – Dinar Guru Article: ”Dollar prices continue to decline against the dinar in Baghdad markets” Quote:“The selling prices in the exchange shops in the local markets in Baghdad recorded a decrease, as the selling price reached 149,750 dinars, while the purchase price reached 147,750 dinars for every 100 dollars“

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Posted on August 30, 2024 by The Dinar Observer

Kaperoni – Dinar Guru We have to hope that the Central Bank of Iraq continues to accept the guidance and directives from the IMF.Doing so would allow the currency to rise gradually over time as the economy grows.

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Posted on August 30, 2024 by The Dinar Observer

Sandy Ingram – Dinar Guru …Important reason the IQD is not on the Forex Marketis that the Central Bank of Iraq has implemented certain restriction on the exchange and trading of the Iraqi dinar, making it less accessible for Forex Traders…Will the CBI change these restrictions and allow the IQD to be traded in the Forex market?[We] do not have an answer to this question. We hope so.

Posted on August 30, 2024 by The Dinar Observer

Militia Man – Dinar Guru Article: “…secure a sustainable water future, develop irrigation systems, and address the impact of climate change on rivers, ‘without disclosing its financial cost’.”Why in the world would they not disclose the financial cost?…If they told you it was going to be at 1310, would they be telling the truth?Probably not…They’re not willing to tell you what the value of the currency is...What is Iraq supposed to do by law, commercial business, in what?The dinar. They’re not willing to tell you how much it’s going to cost. I think that’s a hint…Sustainable water for the future is most definitely going to be an issue.

Posted on August 29, 2024 by The Dinar Observer

Clare – Dinar Guru Article: “Central Bank of Iraq on ‘unannounced’ visit to America” Quote: “that a delegation from the Central Bank of Iraq, headed by the Governor of the Central Bank, Ali Al-Alaq, and a number of general managers,have been visiting the United States of America since the 26th of this month, to discuss developments in the banking sector and the restrictions on the use of the dollar imposed on a large number of private banks.”

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Posted on August 29, 2024 by The Dinar Observer

Militia Man – Dinar GuruHow do you value a country? What’s it based off of? Their resources, right? You got to do a collective analysis. You have to value it.There’s been people as far back as 2003/2004 that worked on a feasibility study on the country of Iraq. One of those people was in Central Coast California. I know that for a fact because I wrote a letter to
the gentleman that wrote the feasibility study…We’ve been watching it ebb and flow ever since…I didn’t get involved until about 2010…The IMF…198 page document that showed $3.22, I went, wow, that’s what they potentially could reinstate at? I’m like wow. Okay, now it’s time for me to pay attention. That’s why I’m here.

Posted on August 29, 2024 by The Dinar Observer

Militia Man – Dinar GuruThere’s consequences if you don’t play by the rules. Nothing wrong with playing by the rules. I suggest you do that. If you make a whole bunch of money and you have taxes, pay them.I’m looking forward to paying my taxes…catching up…I don’t know how many of you folks got hit by 2008. I’m telling you I know I did…Be cautious…Get professional advice…Get sound advice.

Posted on August 28, 2024 by The Dinar Observer

Kaperoni – Dinar Guru Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Interesting quote from Salih in that article… Quote: “The strength and stability of the Iraqi dinar will remain linked to the factors of real growth and diversity in the national economy,“

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Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar Guru There’s no inflation so there’s not going to be a lop…They’re going to add value to their currency.Why?Because they have valuation.

Posted on August 28, 2024 by The Dinar Observer

Clare – Dinar GuruArticle: “Al-Sudani to Al-Sisi: Iraq is capable of being a meeting place for the countries of the region“

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Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar GuruIraq has some of the largest deposits of phosphates and sulfur…massive world class gold supply…rare Earths…liquid natural gas and they have…tourism… They all generate income… The Development Road Project…you’re going to find taxes and tariffs at the borders. There’s going to be a lot of revenue, a lot…Back in Saddam Husain era [the dinar] was around $3.22. It may have been considered a little bit overpriced, should have been more about $2.80…It’s at 1310 right now!There’s a big difference.Now you have to add all those things I just mentioned. The valuation of a country. That’s what they have to do… Sudani wasn’t lying when he said the dinar is going to be stronger than the dollar…

Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar Guru Obviously the budget is going to need to have an exposure of an exchange rate.After all these months, 8 months, 9 months, 10 months, why haven’t they gone international at 1310? Why haven’t they been put on the Forex at 1310 so they can…pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement?I don’t think they’re ever going to be able to do that without having a Real Effective Exchange Rate.

Posted on August 28, 2024 by The Dinar Observer

Fnu Lnu – Dinar Guru With the RV drawing near, the crazies are coming out of the woodwork…First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities.Secondly…”The Law of One Price“…states an instrument cannot be sold in different markets at different prices.In other words, the “redemption Centers” (banks) are NOT going to offer you an exchange rate three times what the “Banks” give you. IT IS ILLEGAL! The rate will be the rate no matter where you go.The only thing that may differ is the percentage of the fee. This fee is usually 2% but that isn’t etched in stone.

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Posted on August 28, 2024 by The Dinar Observer

Breitling – Dinar Guru I went from I believe in this 100% to I’m on the fence.I still think it’s going to happen but these guys need to watch their sh*t because we’re not screwing around.Do you understand how big these moves are that we’ve made? …We’re financially containing our enemies in the Middle East and doing our best to help our friends flourish in the same region. That’s a tough juggle…We’re going to penalize Iraq…I haven’t jumped ship yet…

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Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar Guru Article “Iraq is the 9th largest buyer of gold in 2024“If they clawed back enough money to help buy 100 tons of gold, man, there’s been some heavy, heavy corruption.I’m assuming their recent income from non-oil revenues has had something to do with it as well.

Posted on August 28, 2024 by The Dinar Observer

Samson – Dinar Guru Article: “‘Theft of the Century’ Draws Transparency International to Baghdad“

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Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar Guru Pay attention to what goes on in New York City in the next 24 to 48 hours…

Posted on August 28, 2024 by The Dinar Observer

Mountain Goat – Dinar Guru Article: “IS IT TIME TO REMOVE THE ZEROS?” Article Quote: “…with the use of electronic payment operations, the environment will be mature and acceptable for the idea of ​​implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it.” …the CBI wants this event to be almost transparent and smooth to the citizens…the solution is to digitize, then this will enable them to switch out the currency almost seamless to the citizens...They must implement the digitization program first in ALL banks… Iraq is optimistic in getting the electronic initiative completed sooner than later. They are not talking about years.

Posted on August 28, 2024 by The Dinar Observer

Militia Man – Dinar GuruArticle:“Iraq is the 9th largest buyer of gold in 2024” They had 132 tons in 2023.In 2024 they’re telling you they just bought 100 tons of gold this year. Where did they get all the money for that? …All of a sudden they have enough money to buy at…$2,500 an ounce? 100 tons?You gotta go, what!?! What does it do? …What it does is it supports the value of their future real effective exchange rate...

Posted on August 28, 2024 by The Dinar Observer

Clare – Dinar Guru Article: “To resolve the issue of banks “deprived of the dollar.” Al-Alaq will return toWashington soon“

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Posted on August 28, 2024 by The Dinar Observer

Samson – Dinar Guru “Economist indicates ‘solution’ ‘will lower’ dollar exchange rate“

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Posted on August 28, 2024 by The Dinar Observer

Kaperoni – Dinar Guru Article 1: “Is it time to remove the zeros?”Article 2:“Is Iraq heading towards printing new paper currency?” These articles discuss a LOP…Iraq is converting to digital currency over time removing the paper money.

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Posted on August 28, 2024 by The Dinar Observer

Nader – Dinar Guru Community comment:“Iraq is not a safe country.” Why? United States a safe country? When you look at Chicago, Philadelphia, New York and all that you think it’s safe? Fear. Everywhere it’s bad and good are everywhere…Tell you the truth it’s safer in Iraq than Chicago. Visit the country and then judge. You cannot judge because you heard something on the news or somebody told you something.I was there two weeks ago. I’ve been going back and forth. My kids been going back and forth. Everybody’s been happy.

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Posted on August 26, 2024 by The Dinar Observer

Militia Man – Dinar GuruArticle quote: “At this time there is no acute problem regarding cash liquidity”There’s no need to print new currency…They’ve yet to do anything different.They spent about $50 million in printing currency and it wasn’t triple zero notes. There’s no reason for it.You can’t spend $50 million while you’re burning up money to print new ones, especially if they were perfectly good.

Posted on August 26, 2024 by The Dinar Observer

Clare – Dinar GuruArticle: ”More than 100 tons.. Iraq is the ninth largest buyer of gold in 2024” Quote: “Iraq bought 100 tons of gold this year, coming in ninth out of the top 10 countries buying gold this year…as interest in buying gold is growing amid rising geopolitical tensions and economic fluctuations…The precious metal hit an all-time high of $2,531.75 an ounce after breaking above $2,500...amid growing expectations that the Federal Reserve is close to cutting interest rates.“

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Posted on August 26, 2024 by The Dinar Observer

Militia Man – Dinar GuruThe United States is going to say we’re ready to go. We’re not playing games anymore…we’re going to do it our way. Iraq either you’re on board or you’re not on board…No wonder those guys are barking…because the parallel markets are going to go away and fast.They know what they need to do. Change the value of their currency and no one’s going to want their [black market] USD. They’re going to know the Iraqi dinar is going to be powerful just like Sudani said…

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