Latest Mnt Goat Newsletter

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

June 11, 2026 Mnt Goat News Brief

Guten Tag everyone:

Again, the saga continues……The last of the ministers for Zaidi’s cabinet is still not appointed and official. We are told a special session will be held soon for this effort. There is some ‘fantastic’ news today, no not the RV, but we are heading in that direction very quickly.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

I recommend $15-$20 dollars a month or whatever you can afford. Do you realize I write up to eight (8) Newsletters every month. This is like a second job to me. The only way I know that people are reading and appreciating all the FACTUAL news I bring is through their appreciation. If I do not receive equal appreciation for all the hard work I do, I will simply end the Newsletter and save myself endless hours at the computer. You do want to get paid for your job, don’t you? What makes my job any different? Tell me….. I am tired of this RV saga just as you are.

Let’s all try to chip in!

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1 Chronicles 29:14

But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand.

STATUS OF THE RV

I want to thank everyone for the recent support. Please keep it real as this is helping.

No RV yet just to clarify what these idiot intel gurus are telling you.

Folks, if you are paying attention today you will see a trend in the news I present. Remember I am not setting a date only telling you the evidence is stronger and SECURITY and STABILITY levels are increasing from just a few months ago. This new administration in Iraq, once fully seated, could make a huge difference and continue on with what al-Sudani accomplished and move the effort to the finish line. Remember that Al-Sudani told us that the dinar would be stronger than the dollar. Oh… but today we learn part of the proposal to solve the crisis is to devalue the dinar. This is not stronger but weaker. Did al-Sudani make good on his promise? Maybe he needed a second term? Will Al-Zaidi eventually also revalue back to Al-Sudani’s rate after the crisis is over. What will Al-Alaq have to say about his devaluation proposal? Let’s explore all of these issues in today’s Mnt Goat Newsletter.

In my last Newsletter dated June 9^th I also talked about this possibility to some extent of a devaluation. We also must bear in mind that the CBI told us over a decade ago that at the beginning of the Fiscal Year (January) is the ‘BEST opportune time’ to revalue (or devalue) the dinar to any significant amount. If the budget could be completed and passed in parliament by then (as it’s supposed to be) we can clearly see that starting the new Fiscal year with a new rate makes total sense for ‘accounting purposes’. Will we have to wait to January?

But many of these intel gurus will argue with me and tell me the fiscal year begins in October not January. Flat out they are wrong and I have shown you many times writings published by the Central Bank of Iraq itself telling us when the fiscal year begins for them. It is not rocket science to understand and so what’s their problem? These gurus think just because the U.S. fiscal year begins in October all countries do the same? This kind of mental attitude only reinforces once again the sloppiness of these people in bringing any sort of honest and valid news about this investment to you. Is it all that bad? I have to say there are many other very good people whose intentions are honest but still they interject too much of their bias opinions still. They listen to others instead of researching and confirming for themselves. This is the major shortfall of there efforts.

I need also for everyone to remember that the flow of efforts in Iraq is completed mostly way before it breaks out in their news articles. I do not bring you this news because I wait for the articles to break first. I want you to see proof that I am not lying to you. I want you to read it for yourself and be assured I try my best to bring only ideas and attitudes that are backed up with FACTS not rumors, personal hype or over opinionated bullshit.

Okay now I will now get off my soap box lecture and begin the news for today. Oh… you are going to luv what I have to say today.

😊 A bit of recent news stems around generating more revenue for Iraq in the article titled “IRAQ TO LAUNCH THE THIRD PHASE OF THE ASYCUDA PROJECT NEXT MONTH”. When I bring this article to you what should immediately jump in your mind? Of course, it is the notion of 45% non-oil revenue from only 10% and it should be implanted solid in your brain. Please remember this benchmark. All of what we are about to hear about their economy growth the rest of this year stems around reaching this goal. Watch!!! I do not believe it is a far-reaching or unobtainable goal. Iraq has the resources, the labor and now the mind set to do it. Please see again the article I posted on this subject matter in my June 9, 2026 Newsletter. The title of that article was “EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.”

As you might remember the ASYCUDA project represents one of the fundamental pillars in modernizing customs administration, as it provides tools that contribute to simplifying procedures, enhancing transparency and oversight, and increasing performance efficiency. But for us investors, the most important part is it will positively impact non-oil revenues. Also, if you recall a decade ago Iraq told us the revenue derived from Customs and Tariffs could rival the oil revenues and the implementation of each phase is slowly doing just that. But the roll out is phased. Today we learn the launching of the third phase of the ASYCUDA project next month, in July. How many more phases? I believe this is the last phase in the Kurdistan region. Remember also to have a strong revenue stream they will have to use the port of Faw and the Development Road Project must be undertaken. With this they will need a free passage in the Straight of Hormuz.

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Next, I need to clarify the title of an article then talk more about it. It could be confusing. It is titled “AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS! – THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.” The most intriguing point in Al-Zaidi’s plan concerns the exchange rate. Sources speak of a proposal to raise the dollar’s value again, without disclosing the rate proposed by the Prime Minister during the meeting.

This would be a devaluation of the dinar once again as it was done in early 2020. But remember al-Zaidi can only recommend and must go before the CBI committee to explain and justify the devaluation. Remember when they raise the dollar rate it takes more dinars to make a dollar and this is devaluing the dinar. We also have to remember they are playing around with the ‘temporary’ rate not the nominal rate. Had they been on the nominal rate all along this hiccup in the economy might just be a minor drop in the FOREX rate of the dinar by investors, if even. But since they did not go to FOREX as planned in 2013, they are constantly suffering through these crises. They must bring back STABILITY to their economy. There is also a link now between STABILITY and SECURITY. WOW!

If you recall at the end of 2020, the prime minister at the time, Mustafa al-Kadhimi, his government raised the official rate from 1,180 to 1,450 dinars per dollar. This was a devaluation. Are they going to do something like this again? Then in 2023, Mohammed Shia’ al-Sudani, the next prime minister decided to lower the exchange rate back to 1,300 dinars per dollar from 1450, a revaluation and fix it at that level. Oh all the gurus told you a revaluation was coming and they were correct, but they also did not do their homework did they? They were not following all the news to know that it still was not what we were looking for. I guess they needed the hype and yet more rumors at time.

The other part of this recent article brings out some points of interest. In his Eid holiday address, al-Zaidi went beyond direct financial measures, announcing that his government was working to “draw a new economic identity for Iraq and move away from the socialist mindset.”

I quote other parts from the article-

“The World Bank reports indicate that Iraq is experiencing a state of “distorted capitalism,” with oil still funding more than 90% of the general budget” Have I not said this over and over again….? Nothing new here, we all know this.

“the Coordination Framework endorsed the reform vision presented by Al-Zaidi, and the political blocs pledged to push their representatives to support the necessary legislation for the project’s success”

I especially liked this part of Al-Zaidi’s speech “No to weapons… and goodbye to socialism!” But the most striking aspect of the new vision is the direct link between the economy and security.

I highly encourage everyone to go read the article in its entirety. yes, its long but not boring. It is chock-full of good information about the dinar and the new attitude on how to save the economy of Iraq.

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I do not want to talk too much about disarming the Iranian militias and factions inside Iraq, as you can read more in my September 9, 2026 Newsletter, but only to give you a deadline date they are aiming at. In the article titled “THE IRAQI GOVERNMENT ANNOUNCES THE ESTABLISHMENT OF A $150 BILLION DEVELOPMENT FUND AND SETS A DATE FOR THE END OF THE WEAPONS COLLECTION CAMPAIGN” we get a date.

Iraqi government spokesman Haider al-Aboudi revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country.

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While on this subject of militias this article also recently came out titled “AL-ZAYDI AFFIRMS HIS GOVERNMENT’S COMMITMENT TO RESTRICTING WEAPONS TO THE STATE.” In it Prime Minister Ali Faleh al-Zaidi confirmed on Wednesday that the Iraqi government is proceeding with restricting weapons to the state. Al-Zaydi said in a statement received by Shafaq News Agency, on the anniversary of ISIS elements entering Mosul, that “the government is proceeding steadily in consolidating security and stability, strengthening Iraq’s sovereignty and protecting its independent national decision, confining weapons to the hands of the state.

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Then this recent article comes out that reinforces once again the increased efforts to finally get passed the decades long-awaiting Oil and Gas Law (HCL). It is titled “MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW”. In it we learn that MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the passage of the oil and gas law in the coming period. Al-Mahalawi told the Information Agency that there is political activity and initial understandings between political forces and the Prime Minister aimed at creating the necessary atmosphere for passing the oil and gas law, which is considered one of the important laws that has been long awaited.

Soon we will be able to checkoff yet another one of the five issues I explained in my September 16, 2025 Newsletter ? Folks I just want to add that with these five (5) issues resolved and if Al-Zaidi can get to the 45% non-oil revenues we may very well be on our way to FOREX, according to my CBI contact.

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Next, I want to cover the ongoing banking reforms. Remember that in the midst of all the election saga and now ending the armed militia groups, the CBI is hard at work implementing the ‘Comprehensive Banking System’ throughout Iraq. This term should not be new to you as they talked a lot about this effort in many previous articles in the past couple years. The article it titled “OBSERVATIONS ON THE IMPLEMENTATION OF THE COMPREHENSIVE BANKING SYSTEM AT RAFIDAIN BANK.”

The backwardness of the banking sector in Iraq is one of the causes of the economic problems that the country suffers from. To address this backwardness, the Central Bank has put in place a set of recommendations that banks must follow to move to a reality that keeps pace with the targeted economic transformations. This is a totally different mind set. Get it? They are moving out of their ‘banking slumber’.

Rafidain Bank, as one of the pillars of the local banking sector and the largest in terms of the size of funds and the number of clients (it was established as the first Iraqi commercial bank in Baghdad in 1941 and currently has 163 branches inside and outside Iraq), was included in those directives with the aim of developing its work, and its management took the initiative to adopt a set of reforms, the most prominent of which is the application of the comprehensive banking system.

What exactly does the Comprehensive Banking System do?

In simple terms for Iraq it finally brings the major part of the banking system in Iraq up to the 21^st century banking standards and methodology. The system means the transition from traditional paper-based work to a centralized electronic system that links all branches to a unified database, and enables the execution of banking operations instantly from any covered branch. Its objectives are: automating operations and reducing paper, speeding up transactions, supporting financial inclusion and digital transformation, and enhancing oversight, compliance, and anti-money laundering.

Through it, the customer can get all the advantages of online banking and electronic self-service just as most banks in the western economies have. Implementing the system required bringing in a global company to help them with the implementation by upgrading the infrastructure, and training staff.

What I find funny is, haven’t we been hearing about this kind of transformation of the banking system for the last two decades, over and over again. What the hell have they been doing all these years if not modernizing the banks already? I am sorry but I just don’t get how slow they really are. They are sometimes all talk and no action. They talk and talk about ideas in the news and its only years later we actually see it done on the ground.

The question we must ask is why are they spending all this money on banking reform if not to use it? Yes, use it as it will be essential soon. Why didn’t they reform under Saddam Hussien? The only answer I have is something huge and I mean HUGE is coming for Iraq. Only they must get through these hurdles first. We know what they are: corruption, Iranian influence, fully enacted Iraqi Constitution, etc.

So, as a result sometimes we must sometimes take these articles as information about future goals and nothing more, then wait for it to show more evidence of more implementation. This one really surprised me years ago when I first read it but now its here and that’s a wonderful thing…..

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One last article on this topic of banking reforms, and I believe it’s an important one, in that it is that showing us this Comprehensive Banking System is no longer just talk but ACTION. It is titled “DIGITAL BANKING LICENSE IN IRAQ.”

In it we find that Dr. Nabil Rahim Al-Abadi having worked in various banks and having witnessed firsthand the daily operations of electronic payment channels, ATMs, and back-office banking systems, he can confidently say that the Central Bank of Iraq’s decision to issue licenses for fully digital banks is unlike any previous decision. This is not merely an administrative adjustment to the licensing landscape; it is a complete redefinition of the nature of banking in Iraq. WOW! WOW! WOW!

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The Coming Washington / Baghdad Partnership

😊 😊 This next set of articles is all about what I talked about many times already and the partnership between Iraq and the U.S. that is coming under the Trump administration. Yes, the Trump vision for Iraq. Yes, a partnership for investment between the Washington and Baghdad. Remember President Trump invited Al-Zaidi to the Whitehouse conditionally upon disarming the militias. Trump must have a SECURE Iraq to bring in his investors.

Al-Zaidi visited Washington this week. Wow…. that was fast! Take a peek at the recent article titled “AL-ZIDI’S VISIT TO WASHINGTON: A GOVERNMENT MOVE TOWARDS ECONOMIC OPENNESS.” Al-Zaidi’s visit to Washington represents an important milestone for testing the government’s ability to balance economic issues and political pressures, as it seeks to attract investments and reposition Iraq regionally. Yes, Washington under Trump is going to pump investors into Iraq. It will not be long before Iraq reaches that 45% non-Oil revenue goal.

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😊 Here is yet anther article to chew on about Washington and Baghdad partnership. It is titled “AMID ARMS CONTROL AND REGIONAL TENSIONS, AL-ZAIDI OUTLINES IRAQ’S FUTURE IN WASHINGTON.” We can turn our attention to the visit of Iraqi Prime Minister Ali al-Zaidi to the United States , considering it the first major foreign test for his government, and a dual message concerning the future of the Iraqi economy on the one hand, and the political positioning of Baghdad amidst the region’s conflicts on the other.

The aim: expanding mutual investment opportunities and economic partnerships between the two countries.

When the US President Donald Trump following his appointment to form the government, when he spoke of a “new chapter” in relations between the two countries.

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So, here’s another article you have been waiting for. It is titled “THE HEAD OF THE FEDERATION OF CHAMBERS OF COMMERCE CALLS FOR INTERNATIONAL PARTNERSHIPS TO BOOST INVESTMENT IN IRAQ.”

It is all coming together…..

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HOPE For Our Investment In the Iraqi Dinar

One last topic I want to cover today I call ‘HOPE’. I need everyone to stay with this investment and not give up on it. I don’t know who told you this was going to be a short-term, get rich quick investment, but anyhow they were wrong. But there is nowhere I know where an investor has the potential to make as much money with so little investment capital put into it.

To help with this feeling of being ‘Hopeful’ I want to relay some information to you about this investment. Most times when you know the TRUTH and stop all the hype and rumors it should relax you in knowing what is coming next. You should take confort in knowing you are already RICH but just can’t yet go to the bank because of OFAC sanctions that are still pending on the Iraqi currency.

Yes, there have been many setbacks in the reinstatement process and I can’t guarantee there won’t be others. But we must stay focused on the FACTS. The following information explains yet more of what has been going on over the last two decades since 2003 and even since 1990 for that matter. We must remember that the decline in the economy of Iraq was done intentionally. They began to kill it with the food for oil program in 1990. I do not believe for a second that this was such a good thing for Iraq as the U.S. coalition at the time did not factor in everything when they attacked Iraq for the second time. Today Iraq is living with the results. There are some good aspects to it but they still could have and should have bounce back sooner since the total relief of Chapter VII UN sanctions.

It is my full mindset that Iraq should have already been back on FOREX over a decade ago if even with a 50 cent or a dollar rate, then let it climb as the economy progresses. But this would be impossible if they also did not complete the project to delete the zeros first. Also, who would want the dinar outside of Iraq? Who wanted it before 1990 when it was at $3 plus per dollar? They also would have had to repeg the dinar to a basket, as proposed way back then. We must keep an eye on all the progress since 1990 when it was over $3 and compare to 1/6 of a penny now and the recent proposal is to devalue it even more. Why is it still being suppressed then? When will they truly FREE IRAQ!

IRAQ’S $16 TRILLION QUESTION: WHY THE CURRENCY STAYED FROZEN FOR 20 YEARS

Iraq is not a war-torn backwater. It is one of the most resource-rich territories on the planet.

Iraq currency explained – $16 trillion in resources, a rate set during military occupation, and the 17-year political block now removed.

That rate was set during sanctions as a temporary placeholder during reconstruction. It was never designed to be permanent. And the reason it persisted for twenty years has nothing to do with Iraq’s capacity to change it.

What many long-term investors in the IQD don’t understand is Iraq has to reconstruct both physical buildings, roads, infrastructure, the economy, banking and financial. The last leg is the currency reconstruct which is the currency reform and getting rid of the temporary currency (3 zero notes) and going back to normalized denominations (the newer lower denominations) then FOREX. Investors tend to look right at the currency reform and forget about the rest that has to be done first.

bla, bla, bla…….

So What Changed?

On February 28, 2026, joint US-Israeli strikes eliminated Iran’s supreme leader. IRGC command was decapitated. The patron state that funded seventeen years of political obstruction inside Iraq lost its military capability within two weeks.

On March 3, 2026, Iraq’s Coordination Framework dropped the political figure who had blocked the Hydrocarbon Law as PM nominee (Nouri al-Maliki). Nine of twelve member parties confirmed the decision. The 17-year veto ended in the same week the patron regime came under bombardment.

Inside Iraq, eighty-eight to ninety Iranian backed terrorist cells (factions and PMF) are now being removed. The militia infrastructure that enforced Iran’s financial interests within Iraqi borders is now being eliminated.

The Central Bank of Iraq recently announced it will meet a January 2027 international compliance deadline by July 2026. Six months ahead of schedule.

Please click on the picture and go read the entire story. It is exactly as I have been telling you.

Folks, the bottom line is this….

You do not spend a decade modernizing your entire banking system, installing cross-border settlement infrastructure, triaging 72 banks against international standards, embedding US Treasury officials inside your central bank building, and constructing a $17 billion trade corridor to keep the same temporary rate (placeholder rate) of your currency.

One of the biggest obstacles to a revaluation is the gun, and this week a second militia put it down. Yesterday Asaib Ahl al-Haq, the faction created, funded and trained by Iran’s Revolutionary Guard, told its fighters the weapons belong to the state, a day after Muqtada al-Sadr did the same.

When Tehran’s own proxy concedes its arms, it is not Baghdad talking. It is Tehran deciding the weapons cost more to hold than to surrender. That leaves two State-Department-designated holdouts standing alone, and the bloc protecting the off-book money just got smaller. The same week, the same coordinated pressure ran across the hemisphere: US warships struck cartel boats in the Pacific, the Castro regime was indicted, and Maduro’s money operator landed in a Miami courtroom. Treasury freezes the accounts, the military takes the muscle, the courts file the charges, all on one schedule. The dinar does not break free until the militias are unified with the state, along with the other issues we have been talking about since the last September.

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Let’s keep our prayers alive. There is a deep spiritual dimension at work today bringing about this reset. I believe we are closer than ever for the dinar to get reinstated. But first things first. Part of the mess in the US must be cleaned up too. Then certain laws in Iraq must be passed. Certainly reving the economy to at least 45% non-oil revenues could make a huge difference for Iraq and the IMF. By now everyone should be fully aware of these events that caused delays in the currency reform process. This is not rocket science to understand. We are not in control over these obstacles.

What do you think will happen next? (Leave a comment)

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

These prophecies are an important tool we have to lead us on our path. They are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from the prophets: Julie Green

“The Shaking To The Banking System Will Be Violent”

Go to the 16:35 mark in video for the prophecy. From June 6th

PERSPECTIVES ON THE IRAQI DINAR PROPHECIES

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

— And the Truth the World Forgot about the so-called Muslim religion. Fr.Don Bosco, also known as John Bosco, was an Italian Catholic priest and educator, born on August 16, 1815. He founded the Salesian Society in 1859 to help disadvantaged youth, particularly boys, through education and community service. His teachings emphasized lovekindness, and the importance of education for young people, making him a beloved figure in Catholicism and a patron saint of youth. Don Bosco was canonized in 1934.

WILL TRUMP BE PRESIDENT IN 2016?

Against all odds God sends his anointed one to us not just in 2016 but two terms. Even after losing in 2020 many again told us, he would never get into the presidency again. Wrong again! It is God now making all the rules.

If you ever doubted if God existed and if His hands are working to end the corruption in American politics and bring American to it’s greatness again, watch these two videos.

Video 1: The first one is the prophecy by Kim Clement in 2007. Folks its given 9 years prior to Trump’s first term. Don’t you think this is kind of weird? Think, Think, and Think some more of what heck is going on here. I have never seen God work like this.

Video 2: Then the second video may seem like a comedy skit, and it may even be of those with no faith, but the last laugh is on them, ha, ha, ha,,,, 😊 isn’t it…..

This is a compilation of people who told us that Donald Trump would never be president. Really? Yes, but us Christians we knew better, didn’t we…….? We also knew why he was chosen to be president and what his task was and is not still ongoing. He is anointed by God to lead this country through these difficult times, bring us back to Christ, end the corruption, lower taxes (slavery), follow the constitution, make those responsible for the corruption accountable. There’s so much more this man is doing and it is hard to describe all of it here today. I just thought it would be nice for all of us to see God’s hand at work. We must honor our current president. Remember he did not have to run for president and surely, he could give up anytime, but choses to continue.

This is what I have been insistent in telling everyone. What is going on with Iraq is not just a currency reset. There is so much more to it. There is a spiritual aspect to it. We must also follow the spiritual and see it manifested in the physical. Does it surprise you that it will be Trump that gives us the long-awaited reinstatement? I don’t even know if he knows just how prophetic he is. It is not just by Kim Clements words, but by his own actions once elected as president. They are becoming more and more apparent now that he is addressing the middle east, the UN, the Federal Reserve and much more. Let’s watch and see how it all plays out.

I also want to remind you that it may seem funny that Kim Clement gets the crowd chanting ‘no more war’ even though Trump’s administration is fighting a war with Iran and trying to stop the war in Ukraine. Things in prophecy are not always as they seem on the surface. We add our own opinions.

Having said this, I have to add that it is NOT at all funny that Trump had to pick up the pieces to end this terrorism and corruption that has been going on way too long through/from the middle east. Why do these democrats not realize there is still on ongoing war on terrorism? Trump did not start this war but I believe he will end it. To end it means using the power of force not pacification. So, let’s see if ‘no more war’ is our future after Trump is finished with them.

Video 1:

Video 2:

WHY CUBA IS STRATEGICALLY IMPORTANT, IF YOU TRULY WANT TO FIGHT TERRORISM.

WHAT DID TRUMP MEAN BY THE ‘GOLDEN AGE OF AMERICAN BEGINS NOW?’

A NEW FINANCIAL REGIME COMING TO THE U.S.

THE FED’S NEW PLAN TO SHRINK THE US $40T DEBT WITHOUT PAYING IT BACK

The Central Banking System, to which the Federal Reserve is part of, was set up as a wealth transfer system in 1913. Money would transfer from the many to the few. The few being the very wealthy the many being the general populus. They did this by a sly system of spend and tax. Now the reverse is about to happen. The money is going to flow back in the many citizens pockets from the very rich.

This will occur not in a socialist communist way, as many fear will happen or what Bernie Sanders, Mamdani, AOC and other socialist want. They only perpetuate the same old lies and scam but just in a different way. Again, their way is to the very few at the top, taking from us ordinary citizens. They know it too and that’s their real goal. All you need to do is study communism and it become very clear. They plan to do by tight control and scarcity. That is how they maintain control.

But the Trump administration is not going to let this happen. If you are paying attention to the financial wave that is about to take place you can see it is all about expanding and encouraging capitalism. Then at the same time getting out of the corrupt Central Banking System that is the main cause of it.

You have to watch this one!!!!

JPMORGAN CEO: THIS IS WHY KEVIN WARSH CAN’T ‘ACTUALLY CHANGE ANYTHING IN SIX MONTHS’ AS FED CHAIR

Go to 1:06 mark in this video and listen carefully the next few sentences of Jamie Dimon. Oh… can you see it now too… the foolishness goes right back to climate change, DEI, massive rules and regulations, etc., again. All this crap has also even infiltrated the old Federal Reserve. Time to clean it out too. As Dimon says its all just wasteful spending giving us nothing in return.

Why was the Fed getting involved with this stuff? The Feds became much more than just a financial regulator but using this power of the purse to make social change and that’s where the problems began. But who was dictating these mandates to them to push on the US? Was it some outside force such as the World Economic Forum, the United Nations Council of Foreign Relations? How dare they enforce these mandates on a sovereign nation! Most did not even know this was happening. Oh… I guess you’re no longer a free and sovereign nation, when you follow this global order from all these crazy people, are you?

CHANGE, CHANGE, CHANGE IS COMING TO AUSTRALIA TOO.

I mentioned Australia many times already in my Newsletter and how God talked to His prophets about changes coming to the developed countries around the world. He said it would begin in the U.S. and then branch out to the rest of the world. Like a cancer, this woke global ideology has spread but now it is time to combat it and inject these ideas out of our culture.

These are bad ideas as we know from experiencing them so far. We are not just screaming ‘wolf’ for nothing…..They are not working. They are destructive. They are only having negative not positive impacts on society. It is not just a matter of acceptance as these globalists will tell you, as we tried them and they simply not working and so let’s move on. If you truly study this ideology, it is also a satanic culture in nature and only destroys the very fabric of our societies. Just look at what it does. Biological men dressed up like women thinking even they can have kids. Then playing in women’s sports, thinking they are woman. I am not going to go too much deeper into this satanic sexual revolution as it is very deep and scary what they have done.

Yes, change from this bizarre globalist ideology and takeover of our countries. The citizens in Australia now want change as they too have had enough. It is coming. How long it will take depends on how strongly they really want back their freedom. It also depends on how intertwined this ideology is already in our culture. Changing back could be hard.

Yes, we have to unravel it and undo even all the tiniest of threads. I will give you just a couple of examples of what I mean by unraveling it. Just recently the War Dept of the U.S. began working with the Boy Scouts of America too unravel the DEI mess they have created following DEI mandates. I never thought it was this bad.

A LOOK BACK. HOW DID IT BEGIN?

Kirk was warning us….. This is from 8 years ago. What I want to know is who from the top brought this nonsense into our culture? Oh… was it the UN global mandates again? Please take the time to go read the UN Agendas 2021, 2030 and 2050 and see just how bad this stuff is. I will even give you the links above this is how important it is right now for you to see what they are upto. Don’t be followed by all the nice and comfortable wording. We need to look at the impact both economically as well as environmentally. Afterall we also have to live in this world too. We can worship the earth, hug trees, or realize that God gave it to us to use while we are here to use. Yes, we must also be responsible and care for it too. But we can’t keep hugging trees while we have massive unemployment, drugs, destroy our cities, homelessness in our streets, massive debt and control over our liberties and freedoms. This is not how God intended it to be. Sorry UN your thinking is all about more and more control not abundance and prosperity.

Also the ditching of mandatory COVID and FLU vaccines to military members. It is one thing to realize the past mistakes made and how these mistakes are destroying our culture. But we have to then stop it and sadly this takes effort and a lot of undoing.

HOW DO THESE CROOKED POLITICIANS GET INTO OUR POLITICS ANYHOW?

These are usually totally unqualified people to run any government. Most don’t know finance, economics or even the very basics of what societies need to thrive. Most have no common sense and are actually activists not really politicians. They are seeded into our governments to implement the agenda of their masters, the globalists. We must always be careful of the Trojan Horse as they will make promises, but what is really their agenda behind all the promises. We see this in NYC as a very good example. How long will it take for him to fall?

MANY THINGS WE HEARD WOULD HAPPEN, ARE HAPPENING. THIS IS THE TIME.

WHAT’S HAPPENING WITH CUBA?

THE TRUTH ABOUT CUBA

HER MESSAGE IS SIMPLE: DO NOT LET AMERICA BECOME A MUSLIM COUNTRY

You only need to do is take the example from what happened in the UK and you won’t like it….. I assure you! We see Detroit and parts of Minnesota becoming more and more like the middle east. I won’t get on my lecture again on how Muslims are not about assimilated but rather making America their Muslim country. Here is yet more proof.

Again UN Agenda 2030….. go read it. 2030 Forced mandates, not just good ideas.

This is sad when the elderly don’t recognize their own country they grew up in.

TRUMP SURVIVES YET ANOTHER ASSASSINATION ATTEMPT AFTER SHOTS FIRED AT WHITE HOUSE

How many does this make now. I think its five? They really don’t want Trump to have another 2 years.

I have created a brand-new “Post RV Workshop” page in the blog. I included my own personal tips on investing post-RV and also organizing and protecting your estate. Here is the LINK. Going forward I will only post new and exciting information and opportunities here on the Latest Newsletter as they come along. Later I will transfer it to the ‘Post RV Workshop’ page in subsequent Newsletters for your future reference.

Just so you know I absolutely DO NOT adhere to high-risk investments where you can lose it all in a flash. Look at it this way – you are going to have all this money from your dinar exchange. Then why blow it! Most of us investors waited decades for this RV to happen and so why would you even think about pissing is all away in some high-risk gamble of an investment. Yes, there are going to be scammers out there but let’s talk about legitimate investment opportunities only. These scammers can suck you dry and there is not a damned thing you can do about it.

Go to a legitimate wealth manager associated with your bank. Let the licensed experts advise you. Please, please stay away from idiots like MarkZ, TNT Tony, Bruce (on the Big Stupid Call), etc. , etc. Go to professionals. It doesn’t mean you have to follow everything they advise you but it’s a great start. Remember they too are selling investment products and get commissions.

Much to report today.

AMERICA’S GOLD ISSUE. WHAT’S REALLY HAPPENING.

The more I dig the more I find…..

THERE ARE HUGE OPPORTUNITIES FOR YOU IF YOU ARE POSITIONED IN THE RIGHT ASSET.

‘Reset’ Survivor Warns: The Dollar Isn’t Different – It’s Just Next

His ‘reset’ happened in Mexico Pesos.

Now I want you to remember what I am about to tell you about this RV is more than anything else I ever told you.

In this video he is describing the coming reset of the dollar not the dinar. But we are exchanging dinars for dollars,,,,right, aren’t we? If this reset of the dollar happens after the RV, and they will most probably lose value in our bank accounts, if inflation is not dealt with first. Is this not what Trump is now working on? The US dollar could potentially take a hit of 10% or more unless Trump’s strategy works and that is the key.

How much of a hit will the US dollar take? Trump is trying to avoid any hit and this is why you are seeing him work so hard. His estate is at risk too. Don’t forget this!

This level of severity we don’t know.

The point of showing you this VERY important video is not to scare you but to make you aware that, if you really want to be a billionaire or even a millionaire, you better be well invested in the dinar to absorb the hit, if it does occur. In other words, be prepared. If a million does go to 10,000 you better have much more to offset it from the reset. But don’t be scared, as Trump is desperately trying to save the currency. Can you now see what he is trying to do for every American citizen? I know it’s a long road and most don’t know all the details. We must trust in the process of this reset.

To conclude this is where the crypto dollar comes into play and why the US is moving with it. No, not a central bank crypto but a US Treasury crypto. This is being done only to buy us some time to fix our dollar. Trump is trying to avoid the collapse and dropping zeros as much as he can. I encourage everyone to research this more for your own benefit.

THE DOLLAR’S GOLD PROBLEM JUST GOT BIGGER

GOLD, PAY ATTENTION TO GOLD: PROPHET KIM CLEMENT

Please see the blog section on the other great news on this subject matter here LINK.

DIGITAL BANKING LICENSE IN IRAQ

Dr. Nabil Rahim Al-Abadi
Having worked in various banks and having witnessed firsthand the daily operations of electronic payment channels, ATMs, and back-office banking systems, I can confidently say that the Central Bank of Iraq’s decision to issue licenses for fully digital banks is unlike any previous decision. This is not merely an administrative adjustment to the licensing landscape; it is a complete redefinition of the nature of banking in Iraq.

Throughout my career, I’ve progressed from traditional payment systems that relied on manual data entry in core banking systems, to the era of network connectivity and the widespread adoption of ATMs—a stage academically termed digitization, meaning the conversion of paper records to electronic format. Following this, we entered the digitalization phase when banks began linking their services, and customers transitioned from visiting branches to using mobile applications for money transfers or inquiries. However, as every experienced banking operations manager knows, these two phases still retain the “branch mentality”—there’s always a manual back-end account, an auditing officer, and a branch that maintains the documentation.

What the central bank is doing now, under the umbrella of the reform plan implemented by Oliver Wyman, is moving the sector into its third, radical phase: true digital transformation. Here, we are no longer talking about a bank with branches offering electronic services, but rather a complete banking entity emerging without branches, without physical vaults, and without the paper archives that have burdened operations for years. This digital entity will become a direct replacement for the banks that will exit the market after the reform plan is implemented. And that is the crux of the matter.

Regarding the challenges, the biggest one isn’t technology, but rather the banking mindset. The most serious obstacle to implementing this project is attempting to manage the new digital bank with the mindset of a traditional branch manager. Digital banking requires staff who understand that banking products are designed based on the customer’s mobile journey, not on the branch’s location or interface. This explains why the training workshops target operations managers, payments managers, and branch managers simultaneously—because everyone needs to understand that their role will fundamentally change.

Granting a license to a digital bank is not merely a paperwork approval; it is a complex national project requiring meticulous management of its scope, a timeline that ensures a smooth transition for customers from withdrawing banks, and skillful management of reputational risks should the service be disrupted, even for a single hour, after launch. The Iraqi citizen, accustomed to receiving their salary from a branch employee, should not feel for a moment that their money is at risk when it suddenly shifts to an electronic application. This is where the role of financial literacy managers, whom you are targeting to fulfill this national duty, comes in.

In my estimation, the new digital bank that will obtain this license will not be merely a second choice, but will excel in several areas. It will offer smaller, faster lending products through artificial intelligence algorithms that learn from customer financial behavior instead of requiring guarantors and paper guarantees. It will also provide a mobile payment service that surpasses any existing traditional wallet, all with significantly lower operating costs. In conclusion, this step is an implicit acknowledgment by the Central Bank that the future of banking lies not in opening new branches, but in engineering purely digital financial systems. And, based on my experience within the banking and financial institutions, I affirm that the success of this new entity hinges on the extent to which our banking staff grasp the tools for managing digital transformation and project management.

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GOVERNMENT MEASURES TO LIMIT EXCHANGE RATE VOLATILITY

The dollar exchange rate in local markets continued to fluctuate between rising and remaining stable, amid anticipation from economic circles of any financial or political changes that might affect market activity. Meanwhile, economic experts and specialists expressed their confidence that the new measures taken by the government and the central bank would contribute to its stability, attributing the fluctuation in the exchange rate to several reasons, including geopolitical tensions in the region.

Order size

Professor of International Economics, Nawwar Al-Saadi, stated that the most prominent reasons for exchange rate fluctuations are the disparity between the demand for and supply of dollars in the local market, in addition to the impact of foreign remittances and import financing. He explained that any tightening or delay in transfer procedures through official channels pushes some traders to resort to the parallel market, which creates pressures. Additional to the exchange rate.

Al-Saadi added, in an interview with Al-Sabah, that speculation and rumors play an influential role in shaping traders’ expectations, in addition to some smuggling operations and taking advantage of price differences between the official and parallel markets, noting that regional and international variables and global monetary policies are indirectly reflected in the movement of the dollar within Iraq.

Al-Saadi pointed out that achieving sustainable stability in the exchange rate requires enhancing the efficiency of the banking sector and expanding official channels to meet the real demand for the dollar, as well as continuing measures aimed at reducing speculation and illegal activities and narrowing the gap between the official rate and the parallel market rate.

noticeable fluctuation

For his part, academic economist Dr. Ahmed Al-Majidi attributed the fluctuation in the dollar exchange rate to a set of overlapping factors, and praised the measures taken by the government and the central bank, which clearly contributed to controlling the exchange market and reducing speculation.

Al-Majidi added to Al-Sabah that the Central Bank has tightened its control over the currency sales window and the regulation of foreign transfer operations, in addition to enhancing compliance with international standards regarding combating money laundering and the financing of terrorism, stressing that the government measures have contributed to improving the flow of dollars through official channels and reducing reliance on the parallel market.

Relative stability

As for his expectations for the next stage, he predicted that exchange rates would remain within the current levels if the current policies continue, with the possibility of achieving a further gradual decline, noting that the return of the exchange rate to its previous levels before the regional crises remains dependent on several factors, including the stability of the geopolitical situation, the continuation of fiscal and monetary discipline, and the effectiveness of market oversight.

He noted that the recent measures taken by the government and the central bank have played a pivotal role in controlling exchange rates, although challenges remain in light of the changing circumstances.

Regional and international.

economic recession

Economic researcher Haider Al-Sheikh believes that the fluctuation in the exchange rate of the dollar against the Iraqi dinar does not mean a decrease in exchange rates, explaining that prices will remain as they are for a period of time.

Sheikh told Al-Sabah that the market and commercial activity in Iraq are almost at a standstill as a result of the repercussions of the Middle East events and the public’s fear of buying and maintaining cash liquidity, noting that in light of the stability of the region and the reopening of the Strait of Hormuz to commercial ships and oil tankers, there will be activity in the market and an increase in demand for foreign currency.

weak demand

For his part, economic expert Dirgham Muhammad Ali attributed the weak demand for the dollar to the decline in trade and import demand for the dollar due to the recession and weak trade exchange with countries with which the trader deals in dollars, in addition to the near-complete cessation of tourism and travel, which weakened the levels of demand for the dollar.

Ali added, in an interview with Al-Sabah: “Most of the demand was for commercial contracts, and tourism bookings are often made in dollars. Due to the war conditions, demand for dollars is decreasing, which reduces the pressure on its price.”

Dollar distribution mechanisms

Meanwhile, economic researcher Ahmed Eid believes that the market is still facing a gap resulting from high demand for dollars outside official channels, especially for import, trade, foreign transfers and savings purposes, explaining that the problem is not related to a shortage of dollar liquidity as much as it is related to the mechanisms for distributing dollars and regulating their access to the real beneficiaries.

Eid added to Al-Sabah that regional tensions related to trade and energy routes are now directly affecting market behavior, pushing some traders and citizens to increase their hedging demand for the dollar, which is reflected in price levels in the parallel market.

He pointed out that the continued difference between the official and parallel prices and the fluctuation of prices between rising and remaining stable indicates that monetary measures alone may not be sufficient to achieve complete stability, unless they are accompanied by greater facilities for financing foreign trade and reducing reliance on the informal market.

He predicted that exchange rates would remain at their current levels during the next phase if the central bank continues to cover commercial demand and oil revenues return to stable levels, but he warned that the market would remain vulnerable to any sudden political or financial developments within Iraq or in the region.

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OBSERVATIONS ON THE IMPLEMENTATION OF THE COMPREHENSIVE BANKING SYSTEM AT RAFIDAIN BANK

The backwardness of the banking sector in Iraq is one of the causes of the economic problems that the country suffers from. To address this backwardness, the Central Bank has put in place a set of recommendations that banks must follow to move to a reality that keeps pace with the targeted economic transformations.

Rafidain Bank, as one of the pillars of the local banking sector and the largest in terms of the size of funds and the number of clients (it was established as the first Iraqi commercial bank in Baghdad in 1941 and currently has 163 branches inside and outside Iraq), was included in those directives with the aim of developing its work, and its management took the initiative to adopt a set of reforms, the most prominent of which is the application of the comprehensive banking system.

The system means the transition from traditional paper-based work to a centralized electronic system that links all branches to a unified database, and enables the execution of banking operations instantly from any covered branch. Its objectives are: automating operations and reducing paper, speeding up transactions, supporting financial inclusion and digital transformation, and enhancing oversight, compliance, and anti-money laundering.

Through it, the customer can open and manage savings and current accounts electronically, instantly inquire about the balance and transactions, execute deposits and withdrawals instantly, and issue accurate account statements. It also allows him to withdraw and deposit from any branch connected to the system instead of being limited to the branch where the account was opened.

Implementing the system required bringing in a global company, upgrading the infrastructure, and training staff. In 2024, the bank began implementing it, and the number of branches covered reached 44. In 2025, it expanded to include 81 branches with a plan to reach full coverage. Although the system has been implemented for years in other banks, such as the Commercial Bank and some private banks, it faced difficulties in moving from established and deeply rooted work habits to automation that eliminates unjustified procedures. We hoped for a quick solution that would reflect positively on all parties, but significant observations are still being recorded regarding it.

The first observation: a decline in the essence of the application.
Through daily reviews of savings accounts, for example, the customer senses a perpetuation of old procedures. When withdrawing, he is asked for his national ID + savings book + a copy of his documents under the pretext of preserving the funds. After completion, he is given a paper notice to sign, then directed to another employee to confirm the balance and record it in the book. The same cycle is repeated when depositing. The correct application, as in TBI Bank for example, requires only the account number or name for the employee to open the customer’s page and verify his identity through the photo and stored data, in one visit without routine and waiting. The “savings book” should be abolished and the signature on the withdrawal/deposit form should be adopted as proof. We note here the difficulties of withdrawal and deposit from outside the branch. All of this raises the question: What is the benefit of the system then?

Second observation: Errors in posting and lack of processing
during the migration from the manual to the system. Errors occurred in savings accounts, resulting in the failure to calculate the full interest due for 2025. Account holders found discrepancies of a full month’s payout, which were reported but remain unresolved despite the passage of five months. The issue is not merely a technical error, but rather a problem with the institutional response mechanism and depositors’ rights. Fundamental questions arise: Has the number of affected accounts been determined? Was the calculation automatically recalculated? What is the total value of the lost interest? Were account holders notified? And what oversight procedures are in place to prevent recurrence?

Third observation: Ineffectiveness in responding to complaints
The bank has allocated and publicized complaint phone numbers, but these are often out of service. Emails are also sent to the published email address, but have gone unanswered for weeks and even months.

In conclusion,
mentioning these observations is not intended to diminish the effort and costs involved in changing the review process from haphazard to organized. Rather, the goal is to learn from these shortcomings to integrate operations and achieve genuine effectiveness, making the application a model for other banks to emulate. Most importantly, it is crucial to develop the staff working in all branches, not just those operating the system, with priority given to management. Creating a reform-oriented environment that everyone believes in is the guarantee for the success of any system. Resistance to change is expected when transitioning from a 60-year-old system to a transparent and fair system free from bureaucracy and corruption, but this does not justify the persistence of old practices within a new system. On-site monitoring of branches, correcting errors in interest calculations, and prioritizing the handling of complaints, inquiries, and responses are all beneficial.

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THE HEAD OF THE FEDERATION OF CHAMBERS OF COMMERCE CALLS FOR INTERNATIONAL PARTNERSHIPS TO BOOST INVESTMENT IN IRAQ.

The head of the Federation of Iraqi Chambers of Commerce, Amer Al-Fahdawi, called for building international partnerships to boost investment in Iraq.

The Federation stated in a press release that Al-Fahdawi participated in the opening of the Arab-Swiss Business Forum. The statement explained that the forum was organized by the Arab-Swiss Chamber of Commerce and Industry in cooperation with the Union of Arab Chambers and the League of Arab States Mission in Geneva.

It further explained that the forum’s activities focused on analyzing the impact of geopolitical crises on the business environment and vocational education, in addition to exploring the role of the private sector and the creative economy in shaping future jobs in light of the rapid developments in artificial intelligence.

According to the statement, Al-Fahdawi emphasized during his participation in the session that speaking from an Iraqi perspective is particularly significant, as Iraq is not merely an observer of events but is at the heart of geopolitical and economic interactions. He pointed out that Iraq’s geographical location, its resources, its deep Arab roots, and its trade connections with the world make it highly susceptible to any regional instability, but at the same time enable it to be part of the solution and contribute to economic stability.

He explained, “The economic reality necessitates organized work on several fronts, including strengthening the resilience of the private sector, protecting workers, developing skills, building international partnerships, and working to transform Iraq into a platform for economic engagement with the world.”

He pointed out, “The current phase requires a mechanism for dialogue and joint action between Arab and international chambers of commerce to monitor the impact of crises on companies and the labor market, enhance cooperation, and build new economic bridges with international economic institutions. This aims to bolster the Iraqi economy and increase the flow of investments into the Iraqi market, given Iraq’s diverse economic potential, which requires highlighting through international institutions.”

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THE COORDINATING FRAMEWORK ANNOUNCES ITS SUPPORT FOR AL-ZIDI’S ECONOMIC VISION AND AFFIRMS: A MOVEMENT TO PREPARE A NATIONAL PAPER AND COMPLETE THE CABINET.

The Coordination Framework held its periodic meeting at the office of the head of the National Wisdom Movement, Mr. Ammar al-Hakim, in the presence of the Prime Minister, Mr. Ali Falih al-Zaidi, to discuss all the political, economic and service files included on the agenda.

A statement issued by the media office of the Coordination Framework, received by the Iraq Observer Agency, stated that the attendees discussed government affairs extensively, with the Prime Minister presenting a comprehensive vision for addressing the emergency economic crisis, reviewing a number of solutions that received the support and endorsement of the Coordination Framework forces, particularly the urgent proposals for addressing the electricity crisis and activating labor and social security laws in support of the private sector and the working class.

The statement added that the assembled forces

agreed to prepare a unified paper called the Coordination Framework, which includes the most important national issues to be presented and discussed within the State Administration Coalition to reach an agreement on them, while emphasizing that all political forces stand behind the government in parliament, politically and in the media to ensure the success of its reform program, as well as agreeing on the need to expedite the completion of the cabinet as soon as possible.

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AL-ZAIDI’S VISIT TO WASHINGTON: A GOVERNMENT MOVE TOWARDS ECONOMIC OPENNESS

Al-Zaidi’s visit to Washington represents an important milestone for testing the government’s ability to balance economic issues and political pressures, as it seeks to attract investments and reposition Iraq regionally.

The announcement of the visit came during a meeting between Al-Zaidi and businessmen and representatives of the private sector and local banks, where he confirmed that the delegation would include economic figures with the aim of expanding mutual investment opportunities and economic partnerships between the two countries.

The visit is of particular importance as it is al-Zidi’s first to Washington since assuming the premiership, and it comes months after an official invitation extended to him by US President Donald Trump following his appointment to form the government, when he spoke of a “new chapter” in relations between the two countries.

The visit also coincides with a period in which Baghdad is undergoing transformations on both the security and political levels, most notably the project to restrict weapons to the state and restructure armed factions, as well as the repercussions of regional tensions and the recent war between Iran and Israel and the economic and security challenges it has left for Iraq.

Messages that go beyond economics

For his part, Iraqi political affairs expert Majashaa Al-Tamimi said that “Al-Zaidi’s visit to Washington, accompanied by businessmen, has political dimensions that go beyond the direct economic aspect, especially since it comes at a stage that is witnessing the redrawing of many balances within the region.”

Al-Tamimi added that “through this visit, the Iraqi government is trying to present itself as a partner capable of building balanced relations with the United States without engaging in the politics of axes, and it also seeks to show that Iraq is open to investments and international partnerships according to the logic of common interests.”

He explained that “bringing businessmen along gives the visit a practical dimension and sends a message to the inside and outside that the government wants to move from traditional political discourse to focusing on the economy, development and job opportunities,” noting that “the visit also shows Baghdad’s desire to strengthen its regional and international position through stable relations with Washington.”

According to economists, the visit comes at an important time for Iraq, as it coincides with ongoing American pressure regarding the issue of armed factions and Iranian influence, as well as Baghdad’s need for economic and investment support to help it overcome the challenges imposed by the recent regional turmoil.

Partnerships and investments

On the economic side, the government affirms that the next phase will witness the launch of a development fund with substantial capital and participation from the central bank, in addition to plans to finance new productive and industrial projects aimed at diversifying the economy and reducing dependence on oil.

The anticipated visit coincided with one of the most difficult financial crises that Iraq has faced in recent years, following the disruption of oil export routes through the Strait of Hormuz and the accompanying disruption to oil revenues, which represent the backbone of the general budget.

Faced with this reality, Baghdad began searching for new funding sources through the World Bank and international lending institutions, in parallel with efforts to attract American and Western investments, in an attempt to mitigate the effects of the crisis and provide additional sources of support for the Iraqi economy.

Iraq is a promising market in energy, industry, housing, and in

frastructure.

In this context, economic researcher Sarmad Al-Shammari said that “the visit represents an important opportunity for Iraq to reintroduce itself to American and international investors as a promising market with great opportunities in the energy, industry, housing and infrastructure sectors.”

He added that “the participation of businessmen in the government delegation gives the visit a clear economic character, because the government seeks to transform political relations with Washington into real investment partnerships that will be reflected in the local economy.”

He explained that “Iraq needs billions of dollars in investments in multiple sectors in the coming years, and it also needs the transfer of technology and administrative and industrial expertise, which makes the United States an important partner at this stage.”

He pointed out that “the success of the visit will be measured by the government’s ability to transform meetings and agreements into actual projects that provide job opportunities, support the private sector, and contribute to diversifying sources of income.”

The recent war has had direct repercussions on the investment environment in Iraq, after several foreign companies left or reduced their field presence, particularly in the oil, energy and services sectors.

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AMID ARMS CONTROL AND REGIONAL TENSIONS, AL-ZAIDI OUTLINES IRAQ’S FUTURE IN WASHINGTON.

Political and economic circles are turning their attention to the upcoming visit of Iraqi Prime Minister Ali al-Zaidi to the United States , considering it the first major foreign test for his government, and a dual message concerning the future of the Iraqi economy on the one hand, and the political positioning of Baghdad amidst the region’s conflicts on the other.

Messages that go beyond economics

Al-Tamimi added to “Eram News” that “the Iraqi government is trying through this visit to present itself as a partner capable of building balanced relations with the United States without engaging in the politics of axes, and it also seeks to show that Iraq is open to investments and international partnerships according to the logic of common interests.”

He explained that “bringing businessmen along gives the visit a practical dimension and sends a message to the inside and outside that the government wants to move from traditional political discourse to focusing on the economy, development and job opportunities,” noting that “the visit also reflects Baghdad’s desire to strengthen its regional and international position through stable relations with Washington.”

artnerships and investments

He added to “Eram News” that “the participation of businessmen in the government delegation gives the visit a clear economic character, because the government seeks to transform political relations with Washington into real investment partnerships that will be reflected in the local economy.”

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MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW

MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the passage of the oil and gas law in the coming period.

Al-Mahalawi told the Information Agency that there is political activity and initial understandings between political forces and the Prime Minister aimed at creating the necessary atmosphere for passing the oil and gas law, which is considered one of the important laws that has been long awaited.

He added that the law represents a fundamental step in regulating the management of oil wealth and defining the relationship between the federal government, the regions, and the oil-producing governorates in a way that guarantees the preservation of rights and achieves fairness in the distribution of revenues.

He indicated that the coming period may witness further dialogues and agreements between political parties to reach a final version that is acceptable to all concerned parties, in preparation for presenting the law to the Council of Representatives for a vote.

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AL-ZAYDI AFFIRMS HIS GOVERNMENT’S COMMITMENT TO RESTRICTING WEAPONS TO THE STATE.

Prime Minister Ali Faleh al-Zaidi confirmed on Wednesday that the Iraqi government is proceeding with restricting weapons to the state.

Al-Zaydi said in a statement received by Shafaq News Agency, on the anniversary of ISIS elements entering Mosul, that “the government is proceeding steadily in consolidating security and stability, strengthening Iraq’s sovereignty and protecting its independent national decision, confining weapons to the hands of the state, and continuing the path of construction, reconstruction, reform and comprehensive development, in order to achieve the aspirations of our people for a strong and capable state that provides a decent life and promising opportunities for its citizens.”

The Prime Minister expressed his “appreciation for the national positions of the political forces supporting the path of stability, reform and development, which strengthens unity and national decision-making, and contributes to consolidating the foundations of the state and building the future of Iraq.”

The Coordination Framework had previously authorized Prime Minister Ali al-Zaidi to take the necessary measures to preserve the country’s higher interests, while supporting the project to restrict weapons to the state and to separate the Popular Mobilization Forces from political, partisan and social frameworks.

This path was reinforced after al-Sadr announced the disassociation of the “Peace Brigades” from the Shiite national movement and their affiliation with the state, and his call for other factions to move away from partisan and sectarian frameworks and to come under the authority of the government.

In the same context, Asaib Ahl al-Haq announced the formation of a central committee to begin procedures for disengagement, inventory of personnel, weapons, and vehicles, and to organize the connection with the Commander-in-Chief of the Armed Forces, while the Imam Ali Brigades announced similar procedures that include inventory, handover, transfer, and reintegration of affiliates within state institutions.

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THE IRAQI GOVERNMENT ANNOUNCES THE ESTABLISHMENT OF A $150 BILLION DEVELOPMENT FUND AND SETS A DATE FOR THE END OF THE WEAPONS COLLECTION CAMPAIGN.

Iraqi government spokesman Haider al-Aboudi announced on Wednesday that the cabinet has decided to establish a development fund project with international guarantees and contributions amounting to $150 billion to achieve economic stability through investment. He also revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country.

Al-Aboudi said during a press conference attended by Shafaq News Agency in Baghdad that the government based its management of its files on a national vision supported by the mandate and confidence of the House of Representatives, stressing its determination to commit to restricting weapons completely to the hands of the state according to the timetables specified in the ministerial program, which ends next September, coinciding with the end of the tasks of the international coalition.

The government spokesman added that the Cabinet, under the direction of the Prime Minister, approved the formulation of a “program budget” in coordination and joint cooperation with the World Bank and the Parliamentary Finance Committee to advance economic reform in the country.

In response to a question from the agency’s correspondent, Al-Aboudi explained that the Development Fund represents an investment vehicle completely independent of the state’s general budget, and is based on international contributions from Iraq’s friends with guarantees ranging from $100 billion to $150 billion, with the aim of promoting sustainable stability.

Al-Aboudi indicated that the Prime Minister’s upcoming visit to the United States will resolve many issues, mainly related to economic aspects, stressing that Iraq adopts balanced and parallel relations with all countries.

Regarding the relationship with the Kurdistan Region, Al-Aboudi stressed that the Prime Minister directed the oil companies operating in the region to work on increasing oil production, with the aim of reaching financial outcomes and radical solutions that are directly related to securing the salaries of the region’s employees and getting out of the current crises.

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AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS!

THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.

From the home of Ammar al-Hakim, leader of the “Wisdom Movement,” in Jadriya, a rare consensus emerged within the coalition. The ruling Shiite forces unanimously approved an economic vision presented by Prime Minister Ali al-Zaidi. This vision includes measures described as the boldest in years, beginning with the elimination of debt-ridden government institutions and extending to a review of the dollar exchange rate.

However, the path to these transformations does not pass through the Ministry of Finance alone, but rather through more sensitive issues: the proliferation of weapons, foreign investment, and the prosecution of high-ranking officials accused of corruption. These issues appear interconnected in the mind of the new government, which seeks to forge a different economic identity for Iraq.

Al-Zaidi, who sparked widespread controversy a few days ago by calling for a “departure from the socialist mindset,” is trying to present himself as the architect of a comprehensive economic project. His opponents and supporters alike describe him as the “billionaire prime minister” due to his extensive network of financial and commercial institutions linked to state partnerships.

Eliminating debt: a sale or a transfer of ownership?
According to informed sources who spoke to Al-Mada, the plan presented by the Prime Minister during a meeting on Monday evening focused in its first phase on addressing the public debt, which exceeds $83 billion both domestically and internationally.

Al-Zidi proposes transferring ownership of government-owned productive institutions that have accumulated debt, considering this a key way to alleviate the state’s financial burden. However, he did not provide further details on this point, as information is being kept largely unavailable.

The latest data from the Ministry of Finance, as of the end of April, reveals that the total domestic debt exceeded 96 trillion and 629 billion dinars, equivalent to approximately $73.3 billion, while the external debt exceeds $10 billion.

Al-Zidi recently announced that he found only one trillion dinars in the state treasury when he assumed office, while his predecessor, Mustafa Al-Kadhimi, had previously asserted that he handed over the treasury to the subsequent government (the Al-Sudani government) containing approximately 100 trillion dinars.

This approach, however, is not without its early skepticism. Economic experts predict that the plan will effectively lead to the sale of state assets under the pressure of the financial crisis, a course of action that raises widespread concerns about transparency and the true value of those assets.

In this context, Nabil al-Marsoumi, professor of economics at al-Maqal University in Basra, warns that selling government assets could become a new avenue for waste rather than a tool for financial rescue, given the continued high levels of corruption and weak oversight of valuation and sale processes.

Al-Marsoumi tells Al-Mada that this option was also raised during the government of Mohammed Shia al-Sudani, and the discussions at that time were accompanied by the same warnings. He points out that the problem is not unique to Iraq, but has emerged in the experiences of other countries plagued by corruption, with unfavorable outcomes.

He adds that the danger lies in the gap between the true value of the assets and the prices at which they might be sold, noting that a government institution might be sold for $25 million even though its actual value exceeds $100 million—a difference that could become a new source of corruption instead of being part of the solution.

In 2016, the government of Haider al-Abadi considered selling approximately 600,000 government properties, including more than a thousand palaces belonging to the former regime, to address the financial deficit resulting from the collapse of oil prices.

At that time, the parliamentary finance committee estimated to Al-Mada that this operation could generate up to $150 billion.

The dollar is back in the spotlight .
The most intriguing point in Al-Zidi’s plan concerns the exchange rate.
Sources speak of a proposal to raise the dollar’s value again, without disclosing the rate proposed by the Prime Minister during the meeting.

In 2023, Mohammed Shia’ al-Sudani decided to lower the exchange rate to 1,300 dinars per dollar and fix it at that level. According to estimates at the time, this decision cost the treasury approximately 15 trillion dinars annually, adding to the budget deficit, which was financed through borrowing, thus contributing to increased debt.

At the end of 2020, Mustafa al-Kadhimi’s government raised the official rate from 1,180 to 1,450 dinars per dollar.

It seems that revisiting the exchange rate issue was expected given the escalating financial pressures, especially after Foreign Minister Fuad Hussein’s statements about the state being forced to print 25 trillion dinars to meet its financial obligations, primarily salaries.

The new version of the “Ritz-Carlton” plan to address the deficit doesn’t stop at selling assets or adjusting the exchange rate.

Leaks suggest a third approach: recovering stolen funds from high-ranking officials accused of corruption, in a manner similar to the “Ritz-Carlton” campaign in Saudi Arabia several years ago. The first signs of this approach emerged with the arrest of Adnan al-Jumaili, during which authorities announced the seizure of dozens of properties, cash, and weapons.

In a significant development related to financial disputes, the Karkh Court of First Instance in Baghdad issued a ruling yesterday ordering former MP Jamal al-Karbouli to pay $4.5 million to the head of the Iraqi Red Crescent Society in his official capacity.

This development brings to mind the case of Nour Zuhair, the main defendant in what was dubbed the “theft of the century,” estimated at around $4 billion.

Meanwhile, political circles are circulating information about the possibility of referring ministers, undersecretaries, and senior officials to the judiciary. Some leaks even suggest the possibility of questioning al-Sudani himself, while his supporters deny these reports, describing them as part of a hidden power struggle within the coordination framework.

Estimates suggest that the state could recover approximately $50 billion if the campaign to pursue corruption succeeds. According to a report published by Al-Mada in 2020, the previous al-Kadhimi government attempted to reach settlements with political figures and parties accused of embezzling public funds, based on recovering half the stolen money in exchange for dropping the charges.

At the time, the prevailing belief was that imprisoning corrupt individuals alone would not generate any financial return for the state, especially since most of the accused possessed extensive experience in concealing and transferring funds.
This argument was based on previous estimates by former Finance Minister Ali Allawi, who stated that approximately $250 billion had been stolen from Iraq since 2003.

This sum was considered sufficient to build entire countries if properly invested.
The government at the time arrested about 20 officials, as part of the work of the anti-corruption committee formed by former Prime Minister Mustafa Al-Kadhimi.
According to leaks at the time, the detainees, including officials from economic bodies and airports, were held in the intelligence headquarters in central Baghdad and denied visits. This committee was later accused of torture and corruption.
Al-Zaidi had begun his term by forming a Supreme Council for Integrity, despite the existence of the Integrity Commission.

This move raised questions about whether it would accelerate anti-corruption efforts or simply add another layer of bureaucracy to the already complex administrative landscape. No to weapons… and goodbye to socialism!
But the most striking aspect of the new vision is the direct link between the economy and security.
The government is banking on attracting American and Gulf investments, the latter estimated at around $50 billion. However, this goal, according to circulating information, is contingent on establishing complete control over weapons and confining them to the state.
The government faces an obstacle in the form of the refusal of some armed factions to participate in the currently proposed integration plans.

During a meeting with governors last week, al-Zaidi stressed the importance of proceeding with the process of restricting weapons to state institutions, considering this step a fundamental entry point for supporting economic development and stimulating investment. In his Eid holiday address, al-Zaidi went beyond direct financial measures, announcing that his government was working to “draw a new economic identity for Iraq and move away from the socialist mindset.”

Al-Zaidi appears to want an economy more open to global investment, more reliant on the private sector, and less tied to the traditional rentier state. However, this proposal is not without political and economic objections. Critics argue that the problem lies not so much in the “socialism” of the Iraqi economy, but rather in the fragility of state institutions, the weakness of the private sector, and the prevalence of corruption.

World Bank reports indicate that Iraq is experiencing a state of “distorted capitalism,” with oil still funding more than 90% of the general budget, the private sector suffering from bureaucracy and a weak banking system, while the bloated public sector continues to drain resources. Amer al-Fayez, a leader in the Coordination Framework behind al-Zaidi

, revealed that the Prime Minister requested broad legislative support from Parliament during the last meeting, particularly regarding banking sector reform. He told Al-Mada that all previous governments had spoken about encouraging foreign investment, but the difference today lies in the greater security stability and the move towards changing banking policies.

Al-Fayez confirmed that the Coordination Framework endorsed the reform vision presented by Al-Zidi, and the political blocs pledged to push their representatives to support the necessary legislation for the project’s success. In the official statement following Monday’s meeting, the Framework announced its full support for the government “parliamentary, politically, and in the media,” emphasizing the need to expedite the completion of the cabinet and to support the proposed solutions for addressing the economic and electricity crises, as well as activating labor and social security laws.

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IRAQ TO LAUNCH THE THIRD PHASE OF THE ASYCUDA PROJECT NEXT MONTH

Finance Minister Faleh Sari directed on Wednesday the launch of the third phase of the ASYCUDA project next month.
A ministry statement indicated that the minister “chaired a meeting to follow up on the implementation of the ASYCUDA system project, in the presence of the Director General of the General Authority of Customs, Thamer Qasim Dawood, representatives of the United Nations Conference on Trade and Development (UNCTAD), and a number of specialists and technicians involved in the project.”

The meeting included “a review of the progress achieved in the project’s implementation phases and a discussion of the technical and procedural requirements for the third phase, which the minister directed to be launched at the beginning of next month. This will support efforts to develop customs operations and enhance digital transformation at ports and customs centers.”

He emphasized that “the ASYCUDA project represents one of the fundamental pillars in modernizing customs administration, as it provides tools that contribute to simplifying procedures, enhancing transparency and oversight, and increasing performance efficiency, which will positively impact non-oil revenues and improve the business environment.”

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EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.

Adopting a long-term economic vision is an imperative for Iraq to transition from a rentier economy entirely dependent on oil to a diversified and sustainable productive economy. This transformation requires binding sectoral strategies and major development projects that successive governments continue to implement, with development that is appropriate to emerging developments and challenges during the implementation phases.

Changing the way of thinking

Amer Issa Al-Jawahri, a consultant in development and investment, believes that “real economic reform does not begin with changing faces, but with changing the way of thinking,” indicating the government’s seriousness in carrying out radical reforms that will lift the country’s economy from total dependence on oil to diversifying resources.

In an interview with Al-Sabah, Al-Jawahiri recommended increasing the role and responsibility of the four ministerial councils, expanding their membership to include supporting private sector institutions, and utilizing the participation of private sector stakeholders and specialists in developing plans, policies, and decisions, as well as in monitoring and following up on implementation. He called for the sectoral development councils to have a daily working and monitoring capacity to address all work requirements immediately.

The path of development

Al-Jawahiri urged the adoption of the development road project and the formation of a supreme coordinating body to manage it with broad powers, considering it a major state project with significant international competitiveness and challenges. He stressed the importance of making the productivity of workers and productive and service institutions the basic standard in the work of all institutions, adopting feasibility as the basis for service, restructuring public companies, and ensuring their development and operation in a viable and profitable manner by transforming the productive ones into joint-stock companies.

He also recommended adopting a public-private partnership approach in qualifying, developing, managing, operating and improving the productivity of existing government factories and in establishing major industrial projects in the country, taking into account strict conditions, noting the importance of implementing an industrial city in each governorate.

enacting laws

He pointed to the importance of working on legislation for the “Public-Private Partnership” and the “Micro, Small and Medium Enterprises Law,” and forming the “Micro, Small and Medium Enterprises Authority,” stressing the need to develop the relationship between the university, vocational institutes and research centers in all fields with the labor market and entrepreneurs with ideas and patents to adopt the transformation of their ideas and projects into the production stage.

The consultant in development and investment also recommended changing the components and working mechanism of the boards of directors of public companies to assume their responsibilities in improving performance and achieving profitability for their companies, and including a sector representative from the private activity as a member, according to the activity, while moving to change the principle of separation between management and ownership, so that the boards of directors are freed from the authority of the general manager and addressing this by legislation, stressing the importance of ensuring the authority of the law to implement development and reform procedures smoothly and without hindrance, while organizing a comprehensive education and awareness campaign with the help of the media, and in education on work ethics, increasing production and productivity and improving quality.

Three-circle model

On a related note, economist Dr. Nabil Al-Abadi suggested implementing the integrated “three circles” model, which means a stimulating fiscal policy + a rational monetary policy + a structural development policy, indicating that the practical requirements for its applicability in Iraq revolve around activating the Financial Stability Board in an executive rather than an advisory capacity.

Al-Abadi told Al-Sabah: “The powers of the Financial Stability Council should include the right to veto any draft budget or monetary plan that conflicts with stability indicators (such as inflation or trade deficit),” calling for the council to hold mandatory monthly meetings for the heads of finance, the central bank and planning, with a permanent technical office that issues transparent quarterly reports, with practical application starting with two urgent files – managing domestic public debt, and controlling the exchange rate policy with a managed float instead of a rigid peg.

Instead of talking abstractly about diversifying the economy, he urged the selection of 3 promising sectors with a competitive advantage: smart agriculture (efficiently utilizing rivers and groundwater), renewable energy (Iraq is sunny all year round), and religious and medical tourism, suggesting that the government provide basic infrastructure (land, energy, water) and tax exemptions for 5 years to investors, in exchange for local employment and technology transfer.

He stressed the need to solve the problem of government banks burdened with irregular loans by transforming them into specialized banks (a microfinance bank, a housing bank, an industrial bank) under professional management and separating them from the Ministry of Finance. He emphasized the importance of launching a unified digital banking platform to transfer all state transactions (salaries, contracts, tenders) to a cashless banking system, linking it to an electronic platform to combat corruption, issuing treasury bonds with medium maturities (two and five years) to build a yield curve, and opening up the field of open operations with private banks as a mechanism for injecting or withdrawing liquidity instead of directly adjusting the interest rate.

Anti-liquidity fund

Regarding the mechanism to reduce dependence on oil, he called for the establishment of a Counter-Cyclical Liquidity Fund by allocating 5% of oil revenues above a certain price (e.g., $70 per barrel) to a fund that is invested externally in liquid assets (US Treasury bonds, gold), adding that it is withdrawn from this fund in years of falling prices to finance the budget deficit without inflation.

Al-Abadi also proposed creating what he called a “smart social safety net” instead of comprehensive support, explaining that it would involve implementing conditional cash transfers via smart cards supported by biometric data, so that they would be disbursed only to families whose income is below the poverty line (the list is updated every 6 months using an integrated national database).

Oil wealth governance

Regarding oil, the economic expert called for “governance of oil wealth” through an “oil management board” consisting of independent experts (not ministers) appointed by Parliament, indicating that the proposed board’s tasks include supervising licensing and marketing contracts, monthly announcements of oil revenues and the entities receiving them, and submitting an annual report on the actual cost of producing a barrel of oil in each field (to combat cost inflation).

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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1,630 thoughts on “Latest Mnt Goat Newsletter”

JohnnyMac says:

May 11, 2026 at 7:53 pm

MG, this might interest you. Is it surprising to see Iran’s hold over Iraq so openly acknowledged?

“Sudden ‘Veto’ from Iran Thwarts Govt Formation Efforts in Iraq“

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Roger Brunstad says:

May 13, 2026 at 5:35 am

The Council of Representatives of Iraq has published the agenda for its next session, with a vote of confidence on the government of Prime Minister-designate Ali Faleh al-Zaidi scheduled for Thursday.

According to the official agenda released by parliament, the session on Thursday, May 14, 2026, will be dedicated to voting on al-Zaidi’s proposed ministerial cabinet and government program as he seeks parliamentary approval to form a new government.Parliamentary Agenda Circulated

The Iraqi parliament has circulated the full agenda for the session to political blocs, with a vote on al-Zaidi’s proposed ministers expected to be a key item.

The move comes following discussions among political parties aimed at reaching agreements on the allocation of ministerial portfolios ahead of the confidence vote.

Channel 8 May 13, 2026

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1. Mnt Goat says:
  
  May 13, 2026 at 9:28 pm
  
  Guten Tag Roger,
  I am not even tracking these dates anymore. This is going to drag on and on again until the constitutional deadline expires.
  We need to see the plan to deal with the factions and the PMF.
  Mnt Goat
  
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  1. Roger Brunstad says:
    
    May 14, 2026 at 11:52 am
    
    Translated from Arabic
    
    House of Representatives adjourns its session after granting confidence to the Al-Zaidi government
    
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ashleypikes says:

May 13, 2026 at 2:36 pm

Thank you MG. My my my, the incredible story of the IQD gets even more laughable each week. You are right more than you may know MG, there is no way in hell’s bells the IQD is even close to changing its value with a Trump, UST, IMF sign off. This Iranian militia issue is going to be no small issue and terribly time consuming as Mr. Trumps term is slowly wasting away regarding the dinar. Its going to take some real pain on Iran and Iraq to get them to comply on the militia issue and then what will be next….

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Roger Brunstad says:

May 14, 2026 at 11:49 am

BREAKING NEWS FROM IRAQI TELEVISION!!!

Official: Ali Al-Zaidi appointed as Prime Minister of Iraq!!

Iraqi parliament voted on 14 ministerial portfolios and postponed the vote on 9 others and adjourned its session.

The vote on the 9 remaining ministers will most definitely be after Eid holiday at the very end of May.

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clayrich6a2b498e66 says:

May 14, 2026 at 2:48 pm

I think that the election saga is now over as the new PM was sworn in today along with 14 ministers, as to what they do next, we wait to see.

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ashleypikes says:

May 14, 2026 at 6:57 pm

thank you mountain goat nothing new here except same old same old. Question so what is Trump gonna do don’t you think it’s time for him to act. It’s been 5 months we are gonna blink an it will be a year. I sometimes wonder why is trump dragging his feet he knows how Iraq works an acts an is connected to Iran at the hip. We wait. Oh an thank you for not using the word soon. Blessings on you an yours.

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Shawn Matheson says:

May 15, 2026 at 10:41 am

2027 ot 2028 RV is looking good! Excited!

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1. mweb2007 says:
  
  May 16, 2026 at 8:10 pm
  
  2026.
  
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moosulkwanbyken says:

May 15, 2026 at 10:43 am

in regards to the PMF-

we know , THE WORLD KNOWS, certain factions participated, were called to Iran, and executed thousands, slaughtered innocent unarmed protestors in the street and then forced family of the dead to pay to retrieve the bodies- horrendous- 50 THOUSAND PLUS WHO KNOWS‼️ so the PMF that went to Iran should be banned from Iraq and hunted , taken dead or alive to face criminal charges for murderous terrorism. No exceptions, Maliki included for his crimes and obstruction of the election process, espionage essentially, traitors what the hell are decent Iraqis thinking, ride up and join the Iranian people for liberation from the Islamic blasphemers. Demand election truth! Dear God unite the Arabs against the shia evil , Kurds snd Sunni and all the other various ethnicities and religious sects, Dear God bring down the Coordination Framework, the disgrace of Iraq, traitors to all that is good, all of them, hunt them down and prosecute. To totally attack the evil of Islam is the only way to victory – freedom from tyranny.

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Roger Brunstad says:

May 16, 2026 at 10:37 am

In 2025–2026, the Central Bank of Iraq launched what it openly called a “comprehensive reform project” with consulting firm Oliver Wyman. That is one of the clearest signs that Iraq has moved from talking about reform to actually restructuring the banking sector. The key point is this: Iraq is no longer in the “planning only” phase. It is now in the implementation and enforcement phase of reform. That is a major difference from most of the last decade.

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1. Mnt Goat says:
  
  May 16, 2026 at 8:05 pm
  
  Guten Tag Roger,
  These reforms with Oliver Wyman consulting have been going on for over a year.
  Like I said in my last Newsletter, these reforms are not holding up FOREX.
  In 2013 they did not have ANY reforms done and yet Dr.Shabibi got the go ahead….
  It is the Iranian issue and forming a reasonable govt that can work with Trump to
  develop Iraq and get the investors in there. I got this from my CBI contact.
  I showed you all the articles on Wyman already as the news broke. Old news!
  
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  1. mweb2007 says:
    
    May 16, 2026 at 8:09 pm
    
    Exactly.
    
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  2. Roger Brunstad says:
    
    May 18, 2026 at 4:33 pm
    
    Yes you are correct. The influence of Iran has blocked the reinstatement of the dinar for many years. I found the dinar in June 2012 and I remember that I expected the RI in September that year but Maliki blocked it. Iraq now has a new Prime Minister – Al Zaidi – who was picked by Washington. The government is still not fully seated. 9 minister must be voted on in parliament with a deadline May 27. I believe that is necessary for the implementation of the RI – budget and Hydrocarbon Law. Al-Zaidi must solve the issue with the Iran backed factions within 6 months. This is the demand from Washington. I am prepared for further delays in Iraq until CBI raises the value of the dinar and release the small category notes and coins.
    
    I also want to add that Vietnam will be elevated to Emerging Market on September 21. Vietnam will then be on par with the big economies of China and India. This was telegraphed to the world on April 7. The Vietnamese Dong is today an almost worthless currency. Will the Dong be revalued in tandem with the IQD? I write this because I also hold Dong notes. And many in USA also hold Dong notes.
    
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moosulkwanbyken says:

May 20, 2026 at 3:13 pm

I think – Z is respected and demanding change; in a few weeks IRGC et al will surrender after horrendous persuasive loss of assets , infrastructure and personnel . Trump has maneuvered wisely , showing mercy and patience ;

maybe we don’t like how long this is taking, but in a couple more days he will have exhausted every opportunity for Islamic Iran to show some intelligence and will let the Military LOOSE; and that Z will kick PMF to the curb , we just wonder how ; I think it would be a good move for Z to educate the Iraqi public regarding Iranian espionage to control Iraq and steal Iraqi money, Maliki treason , and PMF terrorism and espionage; if so there will be a public outcry for Maliki prosecution, exile of the PMF, and assistance to the IRANIAN PEOPLE to gain their freedom; and that IRAQ FIRST will gain momentum. I remain optimistic.

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1. JohnnyMac says:
  
  May 21, 2026 at 2:35 pm
  
  moosulkwanbyken, I agree about Trump and IRGC but you seem to ignore that many (most?) voting Iraqis favor parties and candidates explicitly aligned with CF and Iran. They already know about what we call “espionage” and “corruption”, and they vote for it!
  
  The only way the Iraqi government will diminish PMF, move against Maliki and corruption, or support regime change in Iran is through leaders willing to go against the Shiites’ support for Iran, through Shiite politicians and citizens willing to work for a free and independent Iraq. I don’t think that’ll happen in our lifetimes.
  
  The USA’s big sticks have been unable to force fundamental change in Iraq; Iraq only offers window-dressing until our attention is turned elsewhere.
  
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pastorbrob6cb7e72c2 says:

May 21, 2026 at 5:58 am

Dear Mnt Goat, I just wanted to check with you to see if you could check with your close lady friend who works at the CBI to see if this might have been an approved TV broadcast of expert Iraqi economist Mazin Al-Eshaiker (or Al-Ashiqr) having a discussion with two others about that the very first thing needed to have an economic reform is to make 1 dinar = 1 dollar in value. Could you possibly check on that with her? From my understanding this discussion was broadcast on Iraqi TV just a day or two ago. Thank you very much for checking on this to see if it might have been approved to be done by the CBI. https://x.com/MazinAlEshaiker/status/2057147029214638514

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1. JohnnyMac says:
  
  May 21, 2026 at 4:05 pm
  
  I don’t know about the video’s CBI-approved status but I desperately wanted to know what was going on in the video. Thanks to audioconvert.ai, google translate, and some tech-fu, I got what I wanted. Long live AI and the Internet!
  
  The main banner in the video translates to Mazen Al-Ashqar: The first step for the Iraqi economy is printing a new currency “One dinar equals one dollar”
  
  I could not add the translated dialog here, so I put it at this website that I manage, and this PDF. It’s interesting, but ultimately not a barn-burner.
  
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Michael Berkley says:

May 22, 2026 at 4:23 pm

How do we turn off the music? It used to be at the top?

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1. Mnt Goat says:
  
  May 25, 2026 at 3:53 pm
  
  It’s on the bottom, last page now.
  
  Mnt Goat
  
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2. mweb2007 says:
  
  May 25, 2026 at 4:00 pm
  
  Turn the knob on your speaker volume down or off.
  
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  1. JohnnyMac says:
    
    May 26, 2026 at 9:05 pm
    
    I turn mine to 11.
    
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Michael Berkley says:

May 22, 2026 at 4:25 pm

Found it! It wasn’t at the top! Thank you!!! Hope this happens.
I don’t think the banks want us to have money. I think they will give us pittance and grab it.
Please GOD…don’t let this happen!

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ashleypikes says:

May 25, 2026 at 5:55 pm
1. $9 billion a month deficit, the US would love that figure.
2. 45 percent non oil income revenues, Goat you have preached this for 10 years this will take a decade to just get a plan to start it much less get there,someone has been smoking funny cigarettes in Iraq.
3. All of this is on the presumption the Iranian militia is gone. I am gonna say this will get handled sooner than later but still an if even with Praeteris there over seeing it .
On the surface some of this sounds positive the rest sounds like a allot of bait wiggling. My worst fear Israel does not get to finish the job. 😔, 17 years of jadedness is hard to wash off.

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Shawn Matheson says:

May 26, 2026 at 1:17 pm

A 2027 or 2028 RV is looking good!

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1. mweb2007 says:
  
  May 28, 2026 at 5:57 pm
  
  2026 ! ! !
  
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Richard Carmer says:

May 28, 2026 at 1:34 pm

The archive section has not updated since April 9 just an FYI. Thanks again for all that you do and if it helps keep costs down, I would be all for having just one newsletter per week, at least until the Iran situation changes, because we all should know by now, this won’t go anywhere until that issue has been resolved. I hope to obtain a job soon so I can begin helping you with the costs of your “second job” again. God bless you, President Trump, and America!

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1. Mnt Goat says:
  
  May 29, 2026 at 1:35 pm
  
  Guten Tag Richard, Thanks for spotting this. I had George go and update it. It should be all set now.
  Mnt Goat
  
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ashleypikes says:

May 29, 2026 at 2:12 pm

Thank you MG. I believe that we are in a place in this investment we are just waiting on the RI, with that said I encourage you to back off substantially from your blog report on the dinar. Once a month is enough unless something earth shattering is about to happen , you have done more than enough for your dinar community. For your own health and well being please step back and take care of yourself. Should it ri/rv there is no way this investment community is not going to know when it happens. Your health is worth more than all this dinar spoon fed info. Step back enjoy the mountains and life, tomorrow is promised to no one. Blessings!

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Roger Brunstad says:

May 29, 2026 at 3:25 pm

I think the new Prime Minister means business. He is of course handpicked by Washington.

After Hajj in Mecka all deputies will now return to Baghdad for a session in parliament voting on the nine remaining ministers. This will be done in one session only according to news articles.

Oil and Gas Law or HCL is top priority if you read all the news articles and watch TV news from Iraq.

HCL absolutely needs a new exchange rate – it cannot function at 1310.

The budgets for 2026 and 2027 will be passed in parliament.

They are now working hard to disarm the many Iran backed factions in Iraq.

I think we might see a new exchange rate sometime late June.

The citizens are fully aware of the impending rate change and it will absolutely succeed with the citizens.

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1. Mnt Goat says:
  
  May 29, 2026 at 4:49 pm
  
  HCL is now already functioning at 1310. I don’t understand your comment. All they are going to do is pass
  the law and make it permanent, thus when disputes come again they have a law to fall back on. You have
  been listening to others, I can see.
  
  We are concerned about the HCL because the US told Iraq they are not going to reinstate the dinar until all the
  constitutional articles are implemented. HCL law is required by the 2005 Iraqi constitution as stated in the constitution.
  I do know how Dr Shabibi got around this part but he did. He is gone now. This is why he stated in a 2015 interview that
  Iraq had an ‘unprecedented” opportunity to move back to FOREX and blew it.
  
  Mnt Goat
  
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dryardley says:

May 29, 2026 at 3:28 pm

Sorry to hear that you are facing the same financial difficulties that everyone else is in most of the world.

So, it’s understandable that you would cut back on your publication or maybe just reduce to the highlights without all the details or commentary.

After over 10 years of waiting, many have lost interest anyway. Meaning, it will happen when God deems it so.

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Tony Maddox says:

May 29, 2026 at 5:20 pm

thank you goat for all your hard work, many of us would be lost without you. i hope the little i can give will help you. thanks tony<><

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skyfrance2007ea6332 says:

May 29, 2026 at 9:34 pm

Hi Mnt Goat…
You know we love your newsletters and I am Thankful for you every week, and mostly twice a week. I love that you don’t give BS and just speak the truth even if it is not good news.
I have been following you for years, I was with Okie Oil Man, and then Adam Montana and BGG…
So I have been around a long time and watched many news people come and go. So I really, really appreciate you.
I want to also say that I am an internet marketer and one thing that I have learned is that your business will do the absolute best when you post on a schedule and stick to that schedule. When you don’t, people get upset and this might be the reason that many people are not contributing.
Just something to think about.
Thanks for all that you do. You are very important to me and many others.
Thanks Again

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Shawn Matheson says:

June 2, 2026 at 5:08 pm

This is amazing news if true!!

https://apnews.com/article/iraq-iran-us-shiite-militia-asaib-ahl-alhaq-0f1747e05dc1384ab988da4d8eb74008

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Shawn Matheson says:

June 2, 2026 at 5:09 pm

Powerful Iran-backed militias in Iraq say they will start handing in weapons to authorities

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thegraphixmod says:

June 4, 2026 at 9:31 am

MG, if you decide to not publish the newsletter then you’ll receive $0 dollars per month, correct? I can’t imagine people sending you money without something in return. Threats of no newsletter would only hurt you. If there’s no newsletter, most of us would just check the CBI website and forex and move on with our daily lives. I’ve been in this “investment” for 16+ years. Each year it feels less like an investment and more like a scam but, hey, whatever! if it happens great, but I’m done checking the status on a daily basis. That ship sailed!! I generally check your newsletter every so often and move on.

I think the idle threats are a bit much though, truthfully. And, I’m sure you’ll rip me a new one for having the audacity to speak my mind but I’m ok with that too. We still have free speech I think or rather I hope. Let’s see if you post this or even respond.

for the newbies… this “thing” will drive you mad so step back and try not to get sucked in to the BS. Mountain Goat is the only “guru” who speaks the truth but even MG doesn’t know when or if.

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JohnnyMac says:

June 4, 2026 at 10:12 pm

Private to George and MntGoat:

Why not let the blog make some money for you? You could reserve some space in each newsletter for a couple of ads and then let Google and WordPress fill those spots, and pay you for it. 20,000 monthly visitors might generate some decent jingle.

“Ad Inserter” is a free WordPress plug-in that claims to make it easy, and there are loads of other ways to do it.

I’ll be happy to discuss this further.

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blknite706faf11a6 says:

June 6, 2026 at 2:22 am

Guten Tag, Mnt Goat (MG)

“Es tut mir leid, wirklich” (to your readers – the interpretation is “I am really sorry”) that it has come to where you have to reduce your newsletters to once per week – simply because of “some bad apples spoiling it for the others”.

And in this case, it’s probably the vast majority that are not showing appreciation for your efforts to keep us informed.

Bear in mind – it’s not just informing us – it’s being navigated through the deep murky waters of dinar-land – steering us clear of those ever-dangerous ‘land-mines’ like tnt tony (whom I think did jail-time over this, similar I think to terryk), like bruce the big call (“big stupid call” – so true, love that), like frank26 (love his coloured suits – NOT), like markz (on auto-repeat “I know some bond holders that were to get paid…”), like wolverine (another auto repeat [ad infinitum] “hey guys – any day/minute/second / soon / allegedly / imminently”) and others – all little more than disseminators of mis/dis information, mis-direction, lies, claims, rum-tel – most with no back-up what so ever.

Speaking of back-up – as far as I’m concerned, and feel free to correct me, MG – it is commenters like ashley(s)pikes (typo intended) and Shawn M (looking good for ’27 [8,9]) (slightly redeemed after their June 2 comment) – whose opinions are only that – opinions – until backed with supportive sources (see below).

This is not a forum, for discussion – it is a blog, much like a podcast. You listen – to be informed. Comments should be constructive, helpful, positive. If opposing – bring it, with back-up.

It’s these erroneous non-qualified Comments that ruin it for others that are here to learn – not unlike the aforementioned self-proclaimed “gurus” spoiling it for their followers, and us – although we know better.

As you well know – MG’s entire premise is THE FACTS, and your Comments can be factual by offering links, quotes, sources, attribution, etc.

Do you notice how podcasters are always asking us to “like, subscribe, comment, share”? Yet, all that they are basically selling us is their opinion / viewpoint / ‘plagiarized’ viewpoint ?? ….. most often for clicks/pay.

MG’s credentials speak for themselves (ex u.s. military intelligence [where accuracy in sourcing, sorting, interpreting, presenting – is paramount] / stationed in iraq no less / finance and/or economics background, if I recall correctly / has a contact inside the cbi – what more could we ask for in expert professional analysis and assessment), therefore this high-level info should be costly to have access to. With credentials like that, there is no need for factual back-up – yet MG delivers it, regardless.How do you NOT feel guilty when “sneaking a peek”??

Also – I see where it’s like a 3rd job for MG. Time for (me) to be FACTUAL now. I’ve been following MG since pre-DR or the DR days, well before the blog was started – so I know that they have a Gast Haus business, which not unlike most other places globally, has suffered – big-time! So, a 2nd job/income becomes necessary.

Add to that – 8 newsletters each (and every) month – 8 times spent sourcing, sorting, interpreting, and presenting them to us – in LAY terms, no less – a 3rd job, literally.

Yes, I believe MG when stating that “I don’t need to do this – I already know this info”. Exactly – it is done FOR us. MG is a Giver.

How do I know? Besides it being obvious, as above – I have been doing the same thing, more or less, for a small group of people, for 15+ years, with little or no thanks – that I also do not need to do.

My only expectation in writing this is to hopefully open your eyes to the (gargantuan) effort that is expended in bringing this level of info/intel to us – information that if available elsewhere, would cost so much more.

Also, think about this – if it remains a weekly newsletter, consider how much can happen, at times, in that 1 week between weekly newsletters – 1 week that we would not have access to that information.Besides – ‘(s)pikes’ would have no-one to rant to for a month!! Hmm, why do I wonder about that …..

I look forward to continue gifting once my situation improves.

Auf Wiedersehen.

Leonard

PS – MG: on your Exchanging Your Iraqi Dinar page, there is no link for How The Rich Make Their Assets Invisible – or did I miss it? I realize you have it in your newsletter, but thought I would inform you of this, in case it’s important for you to know.

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Roger Brunstad says:

June 6, 2026 at 1:26 pm

2026-06-06 04:24Font

Shafaq News- Al-Sulaymaniyah

The remaining vacancies in Prime Minister Ali Al-Zaidi’s cabinet will not be filled until after Iraq’s parliament returns from its legislative recess, Patriotic Union of Kurdistan (PUK) lawmaker Harem Kamal Agha said on Saturday.

Speaking at a press conference, Kamal Agha noted that parliament is currently in recess and is scheduled to resume sessions after July 1. “The remaining government positions will be addressed after parliament reconvenes.”

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Shawn Matheson says:

June 10, 2026 at 12:46 pm

I am super excited! We are looking good for a 2027 or 2028 RV!

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1. mweb2007 says:
  
  June 11, 2026 at 4:42 pm
  
  2026
  
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moosulkwanbyken says:

June 11, 2026 at 4:33 pm

wow the 2007 prophesy of Kim Clement is AMAZING!! Fulfilled!! Certainly helps HOPE. He actually nailed it, called Trump by name to serve two terms., I am blown away in awe of God talking to us through his prophets, Praise the Lord.

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ABOUT THE NEWSLETTER:

June 11, 2026 Mnt Goat News Brief

GIVE A GIFT TO MNT GOAT

Let’s all try to chip in!

1 Chronicles 29:14

But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand.

STATUS OF THE RV

The Coming Washington / Baghdad Partnership

HOPE For Our Investment In the Iraqi Dinar

IRAQ’S $16 TRILLION QUESTION: WHY THE CURRENCY STAYED FROZEN FOR 20 YEARS

So What Changed?

What do you think will happen next? (Leave a comment)

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______________________________

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Prophetic Words from the prophets: Julie Green

“The Shaking To The Banking System Will Be Violent”

PERSPECTIVES ON THE IRAQI DINAR PROPHECIES

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

WILL TRUMP BE PRESIDENT IN 2016?

WHY CUBA IS STRATEGICALLY IMPORTANT, IF YOU TRULY WANT TO FIGHT TERRORISM.

WHAT DID TRUMP MEAN BY THE ‘GOLDEN AGE OF AMERICAN BEGINS NOW?’

A NEW FINANCIAL REGIME COMING TO THE U.S.

JPMORGAN CEO: THIS IS WHY KEVIN WARSH CAN’T ‘ACTUALLY CHANGE ANYTHING IN SIX MONTHS’ AS FED CHAIR

CHANGE, CHANGE, CHANGE IS COMING TO AUSTRALIA TOO.

A LOOK BACK. HOW DID IT BEGIN?

HOW DO THESE CROOKED POLITICIANS GET INTO OUR POLITICS ANYHOW?

MANY THINGS WE HEARD WOULD HAPPEN, ARE HAPPENING. THIS IS THE TIME.

WHAT’S HAPPENING WITH CUBA?

THE TRUTH ABOUT CUBA

HER MESSAGE IS SIMPLE: DO NOT LET AMERICA BECOME A MUSLIM COUNTRY

TRUMP SURVIVES YET ANOTHER ASSASSINATION ATTEMPT AFTER SHOTS FIRED AT WHITE HOUSE

AMERICA’S GOLD ISSUE. WHAT’S REALLY HAPPENING.

THERE ARE HUGE OPPORTUNITIES FOR YOU IF YOU ARE POSITIONED IN THE RIGHT ASSET.

THE DOLLAR’S GOLD PROBLEM JUST GOT BIGGER

GOLD, PAY ATTENTION TO GOLD: PROPHET KIM CLEMENT

DIGITAL BANKING LICENSE IN IRAQ

GOVERNMENT MEASURES TO LIMIT EXCHANGE RATE VOLATILITY

OBSERVATIONS ON THE IMPLEMENTATION OF THE COMPREHENSIVE BANKING SYSTEM AT RAFIDAIN BANK

THE HEAD OF THE FEDERATION OF CHAMBERS OF COMMERCE CALLS FOR INTERNATIONAL PARTNERSHIPS TO BOOST INVESTMENT IN IRAQ.

THE COORDINATING FRAMEWORK ANNOUNCES ITS SUPPORT FOR AL-ZIDI’S ECONOMIC VISION AND AFFIRMS: A MOVEMENT TO PREPARE A NATIONAL PAPER AND COMPLETE THE CABINET.

AL-ZAIDI’S VISIT TO WASHINGTON: A GOVERNMENT MOVE TOWARDS ECONOMIC OPENNESS

AMID ARMS CONTROL AND REGIONAL TENSIONS, AL-ZAIDI OUTLINES IRAQ’S FUTURE IN WASHINGTON.

MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW

AL-ZAYDI AFFIRMS HIS GOVERNMENT’S COMMITMENT TO RESTRICTING WEAPONS TO THE STATE.

THE IRAQI GOVERNMENT ANNOUNCES THE ESTABLISHMENT OF A $150 BILLION DEVELOPMENT FUND AND SETS A DATE FOR THE END OF THE WEAPONS COLLECTION CAMPAIGN.

AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS!

THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.

IRAQ TO LAUNCH THE THIRD PHASE OF THE ASYCUDA PROJECT NEXT MONTH

EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

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