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:

April 9, 2026 Mnt Goat News Brief

Guten Tag everyone:

The RV saga continues with the election cycle and the pullback on it due to the conflict with Iran. We are now hearing of a parliamentary session scheduled for April 11th. There are still some blocks in Kurdistan that do not agree on a candidate for president. How will this effect Saturday’s session? Also the nominee for prime minister is still not certain. Let’s watch and see what they do this Saturday April 11th. Also a two-week ceasefire is in effect in Iran. What will come out of this….probably nothing, as usual. Let’s keep an eye on this too.

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!

____________________________________

Proverbs 3:27

“Do not withhold good from those to whom it is due,
when it is in your power to act.”

STATUS OF THE RV

As you listen to the upfront audio from today’s Newsletter you hear the song ‘It’s All About the Bass’. I am using it of course to make a point in that it’s all about the SECURITY and STABILITY. Then ‘oops they said it again’ and so we must learn from what they tell us especially when it comes from Salih, the finance advisor, on the economy and then from Washington on the security issues with Iraq. Are you listening? How many times must they tell us?

So, it was really easy to tie every news article today out of Iraq to either one of these two issues of STABILITY or SECURITY. Do you really believe these intel guru idiots on the internet that tell you every week that you will wake up rich the next day? Are you that stupid? Yes, it’s been over two decades of stupidity already….

I am not saying that there is not a near future potential of getting the reinstatement but first things first. In the current news we see some tid bits of the current situation from Iraq and how it effects the stability and security. There is some good news and some bad news. The good news is in fact VERY GOOD news. Let’s all take a peek at the article titled “THE MINISTER OF FINANCE CHAIRS A MEETING TO IMPLEMENT THE ASYCUDA SYSTEM IN KURDISTAN AND UNIFY CUSTOMS PROCEDURES.” In it we learn that the Finance Minister Taif Sami chaired a meeting on Wednesday (April 8, 2026) to implement the ASYCUDA system in Kurdistan and unify customs procedures. 😊

The ministry said in a statement that “Finance Minister Taif Sami today chaired an expanded meeting to discuss the draft agreement for implementing the ASYCUDA customs automation system in the Kurdistan Region, in implementation of the directives of the Ministerial Council for Economy in its session held on April 6, 2026.”

So, we learn today that the Kurdistan region implementation is the last phase in a fully integrated ASYCUDA system throughout Iraq. WOW! WOW! WOW! What does this mean for the future revenue stream for Iraq GOI? Sounds like they are going to complete it in 2026. WOW! Again, I will add that the Iraqi finance committee told us years ago that if they could properly manage the Customs and Tariff revenues this could rival the oil revenues and thus would move Iraq off the rentier economy (95% petro dollar) looks like the economy is on its way to a higher level, the next level (as they say in Iraq) of economic STABILITY. Nice! Remember all the objections to the implementation of ASYCUDA when they initially began rolling it out? Why was this? Well, we learned from that too that there is resistance in all directions not to move Iraq ahead as the same kind of stupid resistance we find in the U.S. too of anything good for the citizens from the democrat so-called progressive liberals who want to keep the same old, same old corruption schemes going and not Make America Great Again (MAGA). Yes, there are lots of similarities between the two countries and what is going on. One must wonder is it the same dark entities behind it all working in the background? It is a constant uphill battle for both nations to fight these dark, corrupt entities pushing us back.

More good news….

😊Let’s next take a peek at the interesting article titled “4 REASONS BEHIND THE STABILITY OF EXCHANGE RATES IN IRAQ”.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Thursday that the stability of exchange rates and the decline in inflationary pressures in Iraq are due to four interconnected factors that supported the local market despite the disruption of global supply chains, particularly through the Gulf and the Strait of Hormuz . Saleh said, in a statement followed by Al-Sa’a Network,:

1.that “the first factor is the availability of high stocks of durable goods,

2.while the second is related to the state’s ability to secure a strategic reserve of food basket items and enhance food security.”

3.He added that “the third factor is the high level of government support, which includes fuel, food baskets and public services, in addition to the role of cooperative stores in absorbing price pressures.”

4.He pointed out that “the fourth factor lies in the efficiency of foreign reserves in financing private sector trade, with the exchange rate stabilizing at around 1,320 dinars to the dollar, and the high level of banking and commercial compliance, which helped to accelerate foreign transfers and ensure the smooth flow of imports.”

He explained that “the combination of these factors contributed to consolidating economic stability and reducing fluctuations in prices and the exchange market, within integrated financial, monetary and trade policies led by the government.”

I particularly liked this article in today’s news. We all know the reinstatement timing depends on STABILITY and SECURITY. So, is Iraq economically stable after reading this article from Salih? Yes, Salih surely confirmed on Thursday that Iraq is economically stable even in the midst of the Iranian conflict and all the turbulance in the middle east these days. This news is telling us yet more signs that they can make it through a disaster by having a stable economy, something that the CBI, US and IMF demand that have prior to the reinstatement of the dinar. This was wonderful news for us today!

Now with the bad news….

So, we all should know by now the Iranian-backed factions and the PMF must be expelled from Iraq. There is no room for these armed factions in Iraq under the new Trump economic plan for Iraq. How would he convince major US corporations to go into Iraq with any uncertainty they could lose their entire investment? The Iraqi military are afraid to confront the armed factions.

I find it necessary to differentiate between the armed factions, which are terrorists organizations such as Hezbollah and Hamas inside Iraq, to the People Mobilization Forces (PMF), which are freedom fighters wanting to go home and were drafted into the military Kud forces to fight ISIS in 2004. They never left Iraq since 2004. The terrorist infiltrated into Iraq just in the last few years. The terrorists fight under a cult-like Islamic brainwashing ideology to control Iraq. So, there is hope for the PMF to join the ranks of the Iraqi armed forces but not the terrorists that is the difference. I personally believe the US will have to take some action eventually to do dismiss the terrorists probably just after the Iranian conflict is over and the Islamic Iranian regime no longer exists. We can see the writing is on the wall with these two articles today:

If we read the first article titled “IRAN URGES IRAQ AND KURDISTAN REGION TO EXPEL KURDISH OPPOSITION PARTIES AFTER WASHINGTON–TEHRAN CEASEFIRE” we get a sense of where these Iranian terrorists organizations are coming from in their attitude towards Iraq. I quote – “Iran has called on Iraqi authorities and the Kurdistan Region to expel Iranian Kurdish opposition parties, accusing them of cooperating with the United States and Israel, just hours after a two-week ceasefire was announced between Tehran and its adversaries.”

In a statement issued Wednesday, “the Iranian Consulate General in Erbil alleged that “Kurdish opposition groups had been working with U.S. and Israeli military and intelligence agencies against Iran”. The statement cited recent remarks by U.S. President Donald Trump as evidence of what it described as “secret cooperation” between these groups and foreign powers. Tehran urged both Baghdad and Erbil to take immediate action, saying it was “the appropriate time” to prosecute and remove the groups, which it accused of espionage.”

So there is proof that is it direct Iranian influence over Iraq. Who the hell is Iran anyhow to go telling Iraq how to run Iraq? Another sign of the proxy Iranian state they thought they had all sewn up already. And they blame the US and Israel as foreign interventionist. Really, seriously? Seriously, you want what… after the Iranian backed factions stationed in Iraq have carried out multiple attacks on US interest inside Iraq. Even when negotiating with the US on the two week cease fire the Iranian regime are crazy people and keep going back to their same old demands, which is basically the US military pulling out and leaving them alone. They seriously believe they will continue their dark reign over the middle east and other regions of the world. Not going to happen this time! The factions attacking US interests in Iraq only makes the situation worse and proves what president Trump has been saying all along☹. President Trump is giving Iran every opportunity to surrender peacefully and not to destroy the entire infrastructure of Iran, which is on the table if they don’t. Remember he said ‘hell’ in coming to Iran.)

The second article also identifies more culprits from Iranian backed groups working inside Iraq. It is titled WASHINGTON BLAMES BAGHDAD: YOU FAILED TO PREVENT ATTACKS AGAINST US… DISBAND THE FACTIONS IMMEDIATELY.

The US State Department summoned the Iraqi ambassador to Washington, Nizar Khairallah, on Thursday to condemn attacks by Iranian-backed armed groups on diplomatic facilities and US interests launched from Iraqi territory. According to a statement issued by the US State Department, translated by Shafaq News Agency, Deputy Secretary Christopher Landau summoned the Iraqi Ambassador to Washington, Nizar Khairallah, to express the US government’s strong condemnation of the attacks targeting its interests launched from Iraqi territory.

We all should know by now the holdup in completing the election cycle in Iraq. So, what is the holdup? I have tried to explain what is coming from Iraq itself as realistic proof rather than just my opinion. So in today’s news we find an update on the election in the article titled “THE DEMOCRATIC PARTY: THE WAR IS DELAYING AGREEMENT ON A PRESIDENTIAL CANDIDATE.” So we learn there is still no agreement between the two Kurdish parties yet on a candidate for the presidency, and negotiations have stopped because of the war,” indicating that stopping the war will provide an opportunity to renegotiate and agree on a candidate for the president and prime minister.” 

I quote from the article, The disagreement is not limited to the President of the Republic, but there is also disagreement on the Prime Minister,” calling on “all political blocs to agree on the position of President of the Republic and Prime Minister in order to form a strong government capable of meeting the challenges.” We must not let our guard down with Nori al-Maliki resurging either into the spotlight again. This guy is a snake and will squirm his way back if he can. He is probably dreaming of a way right now to get back his nomination for prime minister. My only hope is that lessons learned about this snake will be taken seriously and he will somehow find his destiny behind bars and the guts of the GOI to prosecute him for all his crimes as prime minister. Remember as it stands now without any position in the government resulting from the 2025 election, he is wide open for prosecution without immunity and he knows it. Will he at least make a bargain with al-Sudani to get a cabinet position if he supports him? I firmly believe he will try this maneuver but will it succeed? Does Al-Sudani even need his support?

_____________________________________

We must all keep vigilant in our daily prayers for Iraq and the RV. Let’s not forget to pray for our soldiers, marines, airmen and sailors too that may be fighting to free the Iranian people and the world from the grip of the dark forces of the wicked Islamic ideology from Iran. Remember that God told Kim Clement in many prophetic words that the Iraqi dinar is going to bring help for the poor and needy. Did God mean us investors would someday exchange our dinar in an RV and them do all these humanitarian projects most of us promised we would do? Pray, Pray and Pray some more. We are nearing the end to this RV saga and global corruption as the prophets tell us we are on the verge of the final stage to God’s plan to fix it.

What do you think will happen next?

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

Leave a comment

_______________________________

______________________________

________________________________________

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

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more 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 prophet:  Julie Green

Prophetic Words from prophet:  Julie Green

  “A Great Shaking Spiritually In The Whitehouse Is Coming”

Go to the 20:03 mark for the prophecy.  First one from April 3rd

God is now giving us more details and description of what is to follow, that most of the theme he already told us in the past. These events must really be close at hand.    

PROPHECIES FULLFILLED

Today I need to emphasize a version of prophecies fulfilled since this one took me by surprise and I am just jaw-struck with amazement. It reinforces once again the value of the prophetic words from the prophets that I support and believe in. What about you? Do you believe or do I have to show you more? How much more will it take?

You can watch the actual prophecy in my 03/12/26 Newsletter under the Prophetic Section.

Once again, I reiterate that prophets are messengers from God and they are trying to help us along this journey of ours. This individual journey and as a whole the human race.

So, here is this prophecy from Julie Green on 03/08/26 and then listen to what just was announced on the news on 04/02/26, it is just amazing. WOW! WOW! WOW! I have been waiting for this one to come to reality but I have to honest that even I doubted it would ever happen, but it did. It blew my mind when I poped into the internet today and saw the headlines just as many of these ‘prophecies fulfilled’ in the past have.  

Let’s now look for many of these other parts of this 03/12 prophecy to be fulfilled too.

Many more assassins are waiting in the shadows waiting for the green light to take their shot at the president

Pam Bondi will not stay as the AG for much longer.

More Rhinos will be exposed and removed from the Trump administration.

VP JD Vance will soon start to show his true self and it will be obvious he is not the man to lead this nation after Trump

These three-letter intelligence agencies will be totally gutted to get rid of any snakes against this country

Proof will come out of former president Barrack Obama and how he was orchestrating the assassination attempt in Butler, PA against Trump

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.  

HOW CAN ADAM SCHIFF DENY THIS WHEN WE HAVE IT ON TAPE?

When will ‘Shifty Schiff’ be accountable for all his lies?

What is the DOJ waiting for?

I believe Senator Schiff is not up for reelection until Nov 2030, so he thinks he is safe until then. God has other plans for him, but it will take a new U.S. Attorney General to execute the plans.  

TRUMP MOVES TO SHUTTER NATO BASES IN EUROPE

This is more than a threat. It is also VERY prophetic. Find out why…

LET NATO DIE ON THE VINE

Is this what the prophets have been telling us will happen? Now we know what is the final straw that broke the proverbial camel’s back for Trump.

Phoenix Rising?

If you remember the prophetic words from the ‘Phoenix Rising’ prophecy by Mary Summer Rain published in 1986 you will see that much of what No-Eyes told her is now being fulfilled. Yes, it is amazing this Native American knew all this for the future.

I am taking about the threat of WW3 due to the Iranian conflict, as she describes it in her book. Many say WW3 is here if this escalates. The prophecy tells us it will end as fast as soon as it began. Let’s see how this plays out.

Next the prophecy talks about bringing all the US Troops back home stationed from all over the world. We see now that pulling out of NATO bases would do this. But it also says they will be needed back home (in the US) to help in the reconstruction of the country. What reconstruction?

To have a reconstruction effort you first have to have damage and so damage from what? In the prophecies there is also the part of No-Eyes prophecy about three nuclear warheads heading for the US and two actually hit. Could this be the damage for the reconstruction or is she talking about massive earthquakes that even geologists are telling us now are on the horizon. Maybe both even?

Remember that this nuclear attack on the US she says is from ‘an unlikely source’ which would mean maybe from Iran since China, Russia or even India are very likely. Surprise, surprise. Maybe Iran took that 60% enriched uranium to an offsite facility already and are enriching it to full bomb grade potential behind our backs while stalling for more time in these recent peace negotiations with Trump. Just asking….. Be ware all is not what it seems to be. My intel tells me that Iran removed the already enriched uranium even before the first US deep bunker busting bombings. So, go figure how can Iran turn this stuff over the US since it no longer has it in Iran?

AMERICA HAD NO INCOME TAX UNTIL 1913 —

How Government Get Paid Before to run the government. Is it possible to change back to these days and adhere to the US Constitution?

THIS IS THE WORST SCANDAL WE’VE SEEN FROM OUR GOVERNMENT

Just when we thought we’d seen the worst we discover yet another scandal that is even more devastating to our nation.

WE’VE KNOWN ABOUT THIS LIE FOR EIGHT YEARS

Why haven’t the prosecutions happen yet?

WHY IS REAL JOURNALISM SO HARD THESE DAYS?

Are they teaching good Journalism or Activism in our schools today?

“TRUMP IS PLAYING A MUCH BIGGER GAME THAN MOST THINK…

The ‘deep state’ can’t control him and that’s their biggest nightmare!

THE DISTURBING LOGIC OF THE LEFTIST

When ideology and progressive mindset take over and then inverts reality, a marriage made in hell. This video may help you deal with these types of people when you encounter them. It is helpful to know how they think and why they say what they say. I can say personally it helped me. Yes, they are mostly crazy, insane people that have a problem with cognitive thinking and facing reality. Are they just lazy not to research and learn the TRUTH? I will add it is mostly scary when we elect these types of people who pander to others like themselves to get votes into our political system and then watch them with their nonsense disrupting the system.

FINALLY: ADMISSION OF DEMOCRAT STRATEGY FOR ILLEGAL IMMIGRANTS BY A DEMOCRAT SENATOR

Does this leftist senator not even understand himself what he just said? Is he about to come over to the more conservative side? Yes, there is lots of cleanup to do in the State of Connecticut too.

What the heck!

You do remember Trump’s first term as president and how he took out Quinsam Soleimani and his generals at an airport in Iraq? This should have prepared everyone for Trump’s hard stance on Iran. It’s about time we begin to use our common sense and clean up America of these terrorists who hate America but still want what it provides. First of all, just to learn that his family was here in the US after all the damage he did in Iraq and these other proxy Iranian states.

Get’em out of our country!

VISAS REVOKED: ICE raids Soleimani family’s home in Los Angeles

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

THE MINISTER OF FINANCE CHAIRS A MEETING TO IMPLEMENT THE ASYCUDA SYSTEM IN KURDISTAN AND UNIFY CUSTOMS PROCEDURES.

Finance Minister Taif Sami chaired a meeting on Wednesday (April 8, 2026) to implement the ASYCUDA system in Kurdistan and unify customs procedures.

The ministry said in a statement that “Finance Minister Taif Sami today chaired an expanded meeting to discuss the draft agreement for implementing the ASYCUDA customs automation system in the Kurdistan Region, in implementation of the directives of the Ministerial Council for Economy in its session held on April 6, 2026.”

She added that “the meeting was attended by the Director General of the Federal Customs Authority, the Director General of the Regional Customs and his assistant, the advisor to the Regional Interior Minister, the head of the Information Technology Department there, the Director of the Legal Department at the Federal Customs Authority, in addition to a team of experts from the UNCTAD International Organization.”

During the meeting, the minister stressed “the need to take into account the laws within the ASYCUDA system and to identify all legal conflicts between the two sides in order to harmonize them and obtain official approvals regarding them.”

The statement indicated that “it was agreed to form the ASYCUDA team for the region to be part of the unified national team, with an emphasis on completing all the system requirements by the companies concerned in the region and accurately defining the powers and responsibilities of each party to ensure the smooth flow of work.”

He continued, “In the context of strengthening the technical aspects, Minister Sami directed that a Kurdish language interface be provided within the system and adopted in the forms during actual implementation, similar to the Arabic and English languages, to ensure ease of use.

The agreement also included launching a comprehensive training program in which the national team will train the staff working on the system in the region, ensuring raising technical efficiency and unifying customs administration standards in all border crossings.”

Burathanews.com

(Mnt Goat: So, we know that Kurdistan is the last phase in a fully integrated ASYCUDA system throughout Iraq. Sounds like they are going to complete it in 2026. WOW! Again, I will add that the Iraqi finance committee told us years ago that if they could properly manage the Customs and Tariff revenues this could rival the oil revenues and thus would move Iraq off the rentier economy (95% petro dollar) looks like its on its way…finally!)

**************************************************************************************

THE DEMOCRATIC PARTY: THE WAR IS DELAYING AGREEMENT ON A PRESIDENTIAL CANDIDATE.

MP Danar Abdul Ghaffar, from the Kurdistan Democratic Party bloc, confirmed on Thursday that the two Kurdish parties have not yet agreed on a candidate for the presidency, while calling for a political agreement on the positions of the presidency and the prime minister in order to form a strong government capable of facing the challenges .

Abdul Ghaffar said, “There is no agreement between the two Kurdish parties yet on a candidate for the presidency, and negotiations have stopped because of the war,” indicating that “stopping the war will provide an opportunity to renegotiate and agree on a candidate for the president and prime minister.” 

He added, “The disagreement is not limited to the President of the Republic, but there is also disagreement on the Prime Minister,” calling on “all political blocs to agree on the position of President of the Republic and Prime Minister in order to form a strong government capable of meeting the challenges.” 

He continued: “We in the Kurdistan Democratic Party have been clear from the beginning and call on the Kurdish blocs to agree on one candidate so that there will be a Kurdish consensus on him because he represents the Kurds and does not represent one party.”

*********************************************************************************************

4 REASONS BEHIND THE STABILITY OF EXCHANGE RATES IN IRAQ

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Thursday that the stability of exchange rates and the decline in inflationary pressures in Iraq are due to four interconnected factors that supported the local market despite the disruption of global supply chains, particularly through the Gulf and the Strait of Hormuz .

Saleh said, in a statement followed by Al-Sa’a Network,:

1.that “the first factor is the availability of high stocks of durable goods,

2.while the second is related to the state’s ability to secure a strategic reserve of food basket items and enhance food security.”

3.He added that “the third factor is the high level of government support, which includes fuel, food baskets and public services, in addition to the role of cooperative stores in absorbing price pressures.”

4.He pointed out that “the fourth factor lies in the efficiency of foreign reserves in financing private sector trade, with the exchange rate stabilizing at around 1,320 dinars to the dollar, and the high level of banking and commercial compliance, which helped to accelerate foreign transfers and ensure the smooth flow of imports.”

He explained that “the combination of these factors contributed to consolidating economic stability and reducing fluctuations in prices and the exchange market, within integrated financial, monetary and trade policies led by the government.”

(Mnt Goat: We all know the reinstatement timing depends on STABILITY and SECURITY. So, is Iraq stable? Yes, Salih surely confirmed on Thursday that Iraq is stable with yet more signs that they can make it through a disaster by having a stable economy.)

********************************************************************************************

WASHINGTON BLAMES BAGHDAD: YOU FAILED TO PREVENT ATTACKS AGAINST US… DISBAND THE FACTIONS IMMEDIATELY.

The US State Department summoned the Iraqi ambassador to Washington, Nizar Khairallah, on Thursday to condemn attacks by Iranian-backed armed groups on diplomatic facilities and US interests launched from Iraqi territory.

According to a statement issued by the US State Department, translated by Shafaq News Agency, Deputy Secretary Christopher Landau summoned the Iraqi Ambassador to Washington, Nizar Khairallah, to express the US government’s strong condemnation of the attacks targeting its interests launched from Iraqi territory.

According to the statement, the US State Department spokesman said that Washington condemned what it described as “horrific terrorist attacks” carried out by pro-Iranian factions, noting that among them was an ambush targeting American diplomats in Baghdad on April 8.

The spokesman added that these attacks come after “hundreds of attacks” in recent weeks targeting American citizens, diplomatic facilities and business interests, as well as neighboring countries and Iraqi institutions and civilians, including in the Kurdistan Region.

He noted that his country, while praising the efforts of the Iraqi security forces in countering these attacks, believes that the Iraqi government “failed to prevent them,” pointing out that some entities linked to the government are still providing “political, financial and operational cover” for those factions, which negatively affects relations between the two countries.

The spokesman stressed that the United States would not tolerate attacks on its interests, calling on the Iraqi government to take immediate action to dismantle Iranian-linked armed groups within Iraq.

(Mnt Goat: If these Iranian backed militia wanted to stay in Iraq they certainly are not following Iraqi foreign policy towards the US. Why would the US not want Iraq to rid them of these factions? This is exactly why president Trump wants them out of Iraq. They are interfering with foreign policy and trying to manipulate and control Iraq. Again we know this is one of the ‘hot items’ that must be completed prior to the reinstatement. This is a MANDATORY not, not negotiable optional.)

*********************************************************************************************

FINANCIAL ADVISOR WARNS: LACK OF BUDGET HINDERS ECONOMIC REFORMS

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, announced on Thursday that a proposal had been submitted to avoid delaying the approval of the budget, noting that delaying the approval of the budget would lead to a number of negative effects.

Saleh said in a statement to the official agency, which was followed by “Video News Agency” that “the failure to approve the general budget, whether it is related to the financial schedules for 2025 within the three-year budget law, or the budget for 2026, leaves a number of negative effects.”

He explained that “among the most prominent of these effects is the disruption of new investment projects and the slowdown in the implementation of existing projects, as a result of the lack of necessary financial allocations, in addition to the government resorting to the temporary spending rule (1/12 of a previous budget) based on the amended Financial Management Law No. (6) of 2019, which restricts the ability to expand spending or launch new programs.”

He added that “this negatively impacts economic growth rates and raises unemployment rates, in addition to weakening investor confidence due to the lack of clarity in financial policies, as well as the delay in implementing economic and administrative reforms,” noting that “to avoid a recurrence of this situation in the future, there is a proposal to adopt multi-year budgets with greater legislative flexibility, which reduces reliance on annual approval, with the need to strengthen the legal framework for financial management to ensure adherence to budget approval timelines, as well as to neutralize political disputes from the budget approval process.”

He explained that “diversifying revenue sources and strengthening the role of regulatory institutions contribute to supporting financial stability and accelerating the process of approving the general budget.”

Regarding how to absorb the burdens of the past two years, Saleh stated that “this requires preparing a flexible budget based on rearranging priorities, including previous commitments within the new allocations, improving spending efficiency, as well as the possibility of resorting to well-considered borrowing and strengthening the partnership with the private sector.”

(Mnt Goat: So, Again, they talk about STABILITY. Yes, Iraq needs a consistent way to form the budget (which they have already) and then to implement it (which they don’t yet have) ).

********************************************************************************************

IRAN URGES IRAQ AND KURDISTAN REGION TO EXPEL KURDISH OPPOSITION PARTIES AFTER WASHINGTON–TEHRAN CEASEFIRE

Iran has called on Iraqi authorities and the Kurdistan Region to expel Iranian Kurdish opposition parties, accusing them of cooperating with the United States and Israel, just hours after a two-week ceasefire was announced between Tehran and its adversaries.

In a statement issued Wednesday, the Iranian Consulate General in Erbil alleged that “Kurdish opposition groups had been working with U.S. and Israeli military and intelligence agencies against Iran”. The statement cited recent remarks by U.S. President Donald Trump as evidence of what it described as “secret cooperation” between these groups and foreign powers.

Tehran urged both Baghdad and Erbil to take immediate action, saying it was “the appropriate time” to prosecute and remove the groups, which it accused of espionage.

The demand comes despite a prior security agreement reached between Iran, Iraq, and the Kurdistan Region following the 2022 anti-government protests in Iran. Under that deal, Kurdish opposition factions were to be disarmed, relocated away from border areas, and restricted in their activities.

Before the recent conflict escalated on February 28, Iran’s Islamic Revolutionary Guard Corps (IRGC) had already carried out repeated drone and missile strikes against Kurdish opposition bases in the Kurdistan Region. Those attacks intensified during the broader confrontation involving Iran, the United States, and Israel.

According to data compiled by Peregraf Media, more than 650 drones and missiles have struck locations across the Kurdistan Region since the conflict began. At least 16 people — including Iranian Kurdish opposition fighters, Kurdistan Region Peshmerga, and security personnel — have been killed, while around 70 others have been wounded.

One of the deadliest incidents occurred on March 24, when Iranian ballistic missiles hit KRG military positions in two waves. Targets included headquarters of the 7th Infantry Division and a unit of the 5th Infantry Division. At least seven  Peshmerga fighters were killed and around 30 wounded in that attack alone.

(Mnt Goat: Who the hell is Iran to tell Iraq how to run their country? And they blame the US and Israel as foreign intervention. Really, seriously? Seriously, you want what… after the Iranian backed factions stationed in Iraq have carried out multiple attacks on US interest inside Iraq. Even when negotiating with the US on the two week cease fire the Iranian regime are crazy people and keep going back to their same old demands, which is basically the US military pulling out and leaving them alone. They seriously believe they will continue their dark reign over the middle east and other regions of the world. Not going to happen this time! The factions attacking US interests in Iraq only makes the situation worse and proves what president Trump has been saying all along☹. President Trump is giving Iran every opportunity to surrender peacefully and not to destroy the entire infrastructure of Iran, which is on the table if they don’t. Remember he said ‘hell’ in coming to Iran.)

*********************************************************************************************

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

*********************************************************************************************

1,520 thoughts on “Latest Mnt Goat Newsletter

  1. I wonder if you saw this report. I think it’s great news! I conclude that 1445 might be a target by the CBI for the parallel rate. After that, he is expecting the official exchange rate to drop or rather increase to a thousand or lower, meaning better and that sounds like what we have been expecting all along for the next step. This person is close to the situation as I understand.

    What is the relationship between the Central Bank’s actions? The dollar will soon stabilize at 145 thousand dinars
    Economy |Today, 
    What is the relationship between the Central Bank’s actions? The dollar will soon stabilize at 145 t 1709541196_-1

    +A

    -A

    Baghdad today – Baghdad

    An expert in economic and academic affairs at Cihan University, Nawar Al-Saadi, confirmed today, Monday (March 4, 2024), that the decline in the dollar exchange rate is due to demand and supply on the market.

    Al-Saadi said in an interview with “Baghdad Today”, “The decrease has nothing to do with the procedures of the Central Bank, but the positive thing in the matter is that there has become strong compliance on the platform and many traders have begun to comply with it.”

    Al-Saadi added, “The current decline is due to the lack of demand for the cash dollar, and the pressure on the parallel market is due to trade with Iran and Syria.”

    He pointed out, “It is expected that the dollar will stabilize in the coming period at 1445, and a thousand dinars will rise or fall, and it will witness a long period of stability, if there are no sanctions on banks and banks.”

    Al-Saadi stated, “The US Federal Bank has indicated the presence of sanctions, but they may affect people and not banks, and therefore the stability level of the dollar will be between the forties, and this is the real demand for the dollar, because in the last period there were fears that led to an increase in demand.”

    Today, Monday, the exchange rates of the dollar against the dinar recorded a noticeable decline in the main stock exchanges in the capital, Baghdad, and the provinces.

    The “Baghdad Today” correspondent said, “The price of the dollar on the main stock exchange in the capital, Baghdad, reached 149,500 dinars today, after it recorded 151,100 dinars per 100 dollars yesterday.”

    Prime Minister Muhammad Shiaa Al-Sudani confirmed on Sunday evening (March 3, 2024) that lowering the exchange rate means giving the dollar to illegal trade.

    Al-Sudani stated during his participation in the opening of the activities of the Al-Rafidain Dialogue Forum in Baghdad, that “the financial situation in Iraq is at its best and that commercial transactions are collected through commercial institutions.”

    He added, “We give the student, the patient, the merchant, the contractor, and the investor the dollar at the official rate.”

    Al-Sudani pointed out that “the notes recorded on Iraqi banks from the US Treasury are from the time of previous governments.”

    He pointed out that “economic reform was one of the most important priorities of the government program.”

    Al-Sudani noted that “the salaries of employees and retirees constitute the largest cash block in the financial budget.”

    It is noteworthy that Iraq relies on the platform for selling currency directly to local banks and companies, which was previously known as the daily dollar auction, as one of the mechanisms for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market. 

    The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on February 6 that “some groups are trying to stay away from the platform for selling foreign currency in order to evade taxes or customs or the presence of illegal trade,” indicating “the possibility of meeting all requests for the dollar,” adding that “the bank has no problem.” In offering or selling the dollar.

    He pointed out that “the bank is in a comfortable position to respond to requests to buy dollars. We have sufficient reserves, and soon we will launch a mechanism to ensure that only real travelers get the dollar.”

    https://baghdadtoday.news/244041-%D9%85%D8%A7-%D8%B9%D9%84%D8%A7%D9%82%D8%A9-%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A%D8%9F.-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%B3%D9%8A%D8%B3%D8%AA%D9%82%D8%B1-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7-%D8%B9%D9%84%D9%89-145-%D8%A7%D9%84%D9%81-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1.html

    Liked by 1 person

    1. 20 years ago st famkie told me the dinar is like a woman in labor its coming but when I still believe that

      Like

  2. Yes you are correct Mountain Goat: nothing is done quickly in Iraq. They move like a very slow snail. So the US Treasury is the big problem now. In my opinion it is the Biden administration that is the hold up. What happens if the democrats cheat again and we have four more years with the Biden/Harris administration? We can only hope that Trump will be reinstated next year so that Iraq can move forward with the monetary/economic reforms. Yes we may have to wait another year for our blessing. Bill Clinton once said there is a Secret Government in USA who is calling the shots. If Clinton says that it is no conspiracy theory. So what´s another year if some of us dinarians have waited for decades. Many dinarians have already died. Even some of the dinar gurus have already died. Many dinarians are homeless and live in tents holding a 25000 dinar note. But most of us live in houses and condos – have a decent income/pension. Some of us are scraping by – living a poor life – but still hang on to the impossible dream – to one day walk into a Chase bank and exchange our dinars and park enormous sums of money in our bank accounts.

    Liked by 1 person

    1. Roger, we must understand that lots of Iraqi promises have been made to the people. SUDANI s arse is on the line now, an everyone knows all these supposedly contracts that are done can’t be done at 1310. The cat is out of the bag with many of the big banks private client offices of which I can personally testify to after a visit, Jamie Dimon of Chase would not be spending all this get ready money if it’s not gonna happen. If Biden an the USTreasury are holding this up it can’t be for long, as MG has said so correctly THERE IS NO TURNING BACK at this point. Be at peace an patient it is gonna happen. My only thought is Biden does not want all this money coming into this market before the election, which he believes would hamper his chances of being re-elected…. We wait a little longer.

      Liked by 1 person

  3. “No turning back”. Indeed MG! The pressure is getting stronger and stronger by each week. ”It’s not IF, but WHEN.” Spring is on its way 🌼

    What a positive reminder of the good that is to come. So much good for the Iraqi citizens and so much good for the investors worldwide. This was a great read MG. I thabk you so much for keeping us abreast weekly. Youre the only voice I listen to and trust on this topic. So appreciated. This is an exciting journey to be a part of 💫

    Liked by 1 person

  4. can you confirm again as I am getting confused. What happens if they give say 1 month to exchange for the lower demons, do we also have to find a way of doing this outside Iraq? What does this mean re the exchange rate for say a 25k note with the 3 zeros gone yet we all hold the old notes?

    Like

  5. Hi Mountain Goat! Just want to thank you for all the hard work you do. Your newsletter each week brightens my family’s lives.

    Now may I ask you a question? You made a statement on your recent news letter which said “Wars, displacement, and sanctions have left Iraq’s economy underdeveloped and almost solely dependent on oil exports. But things have changed in Iraq and come this mid-year 2024 we are about to see the results of  many years or reforms in an explosion of progress in many areas of development in Iraq. You see, all these reforms we all have been reading about in the many articles are all good but unless Iraq actually sees any impact they are meaningless. Oh…but we are about to see the impact and it is going to be HUGE $$$.

    I’m not searching for a date or a rate, but just wondering if you gave us a clue as to when things might take place? This is Iraq, yes I know, so things can change. You talk about an explosion of reforms in ‘many areas’ taking place this summer within Iraq. If my thinking is correct there, the RV would have had to have already taken place. Also, and please correct me if I’m wrong, but these ‘many areas’ that are about to explode in reforms in the summer does not mean the RV or reinstatement occurred the night before. What I am trying to say is that the RV will precede these reforms. As you have mentioned, there will be an in-country reinstatement first. This is to reset the marketplace in Iraq and monitor inflation. If there is fluctuation in the dinar due to inflation I am sure Iraq GOI would not open these other reforms until everything was stable. Just my thoughts MG and thank you for your guidance!!

    God Bless you and your family!!

    Shain

    Like

  6. Thank you MG for your continued updates. However today I am not sure what you told us, an the status of the RV section seems confusing at best. I am a regular an long timer at this crazy investment an can generally follow you very well. Based upon your circumstances maybe you should proceed to a paid subscription as it appears requesting donations is not proving beneficial to you an there still seems to be no near finish line in sight based on today’s report. We do appreciate you an want the best for you, your health an well being. Blessings on you MG.

    Like

      1. MG (Mnt Goat) never “says nothing”.

        Your statement means that you are either new and not up to speed with current info, or you are one who reads the headlines only, if that.

        If you are going to ‘accuse’ – then back it up by giving an example.

        Leonard

        Liked by 1 person

  7. Lots of iraqi officials are right now in DC and New York. They are paving the way for PM Sudani when he arrives at the White House on April 15. I have been told the iraqi officials have several files in their bags when they visit US Treasury and The Fed. When Sudani arrives in DC on April 15 he also will have some important files in his bag. The most important file is the sanctions on iraqi banks. I have been told the sanctions will be lifted very soon. Yes Sudani will meet Biden, but this is just a symbolic meeting for the press. The most important meetings are happening as we speak. Please also remember that Sudani has promised a MAJOR ANNOUNCEMENT before the end of Ramadan! I am optimistic for a rate change soon. We can now see evidence for the decline of the Baghdad dollar. So when will the illegal paralell rate be on par with the official rate of 1320? Sudani has mentioned a future rate of 1.32 dinars per dollar. This means an exchange rate of 76 cents per dinar.

    Like

  8. mtn goat, this RI is happening before the 15 April meeting imo. what is sudanis big announcement prior to April 10? You think they are going to wait until Jan 2025 for the next U.S. president who they don’t even know who will win? Not very logical

    Like

  9. WOW! In the coming days! These recent events are truly unique and we have never witnessed such developments before, I pray for the people of Iraq and all the free people of the world, that stability is maintained, that the parallel rate is squashed; for quality of life, peace and prosperity for all, In God’s Name.

    Liked by 2 people

  10. “I am not going to make up stories to sound smart, then to lie to you.”

    This is why you’re valued by so many of us MG 💖 You are a gift to us and gifts aren’t to be taken for granted. Thank you much for the integrity you display week after week behind the news surrounding our investment and the Iraqi people. What a wonderful journey and a true blessing coming to fruition.

    Liked by 1 person

  11. Mountain Goat is by far the best dinar guru out there. No hype, no false hope, no rumors. Just the facts from iraqi newspaper articles. MGs unique weekly contacts with CBI makes her the most reliable guru. We have been fed with so many lies and hopium for years. I stopped listening to many of the idiotic gurus. Instead I concentrated reading all the articles from Iraq instead. By following the articles every week you can also follow the process of the monetary reform. It is now 12 years ago I found the dinar. I never thought we should wait till 2024 – but at 73 I am glad I am still going strong and in top shape. I have never lost faith in this investment. If you one day can park millions of dollars in your bank account it is surely worth the long wait. When Sudani goes to Washington DC with his big team he will do the last negotiation with US Government. This is one of the stops that must succeed. If USG say GO AHEAD WITH THE MONETARY REFORM Sudani allows the US troops to continue their presence in Iraq. In my opinion this is necessary for the security and stability in Iraq. After Sudanese visit in DC we will see LOTS of articles that explain in depth about the negotiation and talks at the White House. The incremental monetary process is necessary because the reinstatement of the dinar must not fail with the citizens!! They have been flooded for a very long time now with daily information from the iraqi government and the central bank. So far the monetary reform has been a success. IMF, US Treasury, Federal Reserve, World Bank, and Bank of International Settlments have all praised the monetary reform in Iraq. Let´s pray that Sudani and his team will succeed in DC on April 15. I look forward to read all the articles about his visit in DC. If he succeeds CBI and GOI will finalize the monetary reform within a month or so. In my opinion of course.

    Liked by 1 person

  12. In 2012 I installed a big dish in my garden in order to follow the iraqi tv stations every day. And I have seen so many leaders come and go but no reinstatement at all. Then came Islamic State and invaded Iraq in 2014 and everything was put on hold. I followed the war every day on television and at last in 2017 IS had been defeated. Back then Haider Al Abadi was the PM of Iraq. Yes he was a great leader and commander in chief – but unfortunately he could not tackle the corruption in Iraq. Today I watched the news on Sharqyia TV and it was all about PM Muhammad Shia Al Sudani in Washington DC. He travelled to USA with a big delegation – 130 officials. I could watch him meeting with IMF, BIS, WB, UST and the Fed. I have seen on iraqi television how he presided a very big meeting yesterday in DC with top officials. The room was crowded with top officials. He will go to Michigan, Texas and California before he returns to Iraq this weekend. Before Sudani left for USA he ordered the government to install big tv screens in Baghdad and all over Iraq. When he returns he will address the nation on television. Not every citizen in Iraq owns a tv set – therefore he ordered big tv screens to be installed so that every citizen can see him and listen to his announcement. Next Monday turkish president Erdogan will visit Baghdad. Erdogan will also pay a visit to Erbil in Kurdistan. Rumor has it that the new lower denominations will be released in May. This is a rumor – not fact. I have also heard that new small category notes will be presented on these big screens. Sudani is loved by the people of Iraq – they trust him 100 %. He will not deceive them. He arrived in Washington DC with great power and authority and he is these days the king of DC. So many wants to shake his hand and invest in Iraq. Sudani was indeed the right man to take office in October 2022. The people really love him and I also love this man for what he has done for Iraq. The CBI floor is now totally free from corruption. This was necessary for the monetary reform. Iraq will build 50 new cities. How is that possible with a worthless currency? I do not know when the reinstatement will occur – but it most certainly will happen this year.

    Liked by 1 person

  13. Hello Mountain Goat, I have a question about a comment your CBI contact told you a few weeks ago that they planned to implement the project to delete the zeros in April, and I am wondering whether or not you have been able to confirm that plan and if they are still on track for the April timeframe. Thank you for your response in advance. 

    Like

    1. Prime minister Muhammed Shia Al Sudani will review the budget soon according to recent articles.

      Simple logic tells me that the new rate must be in the budget.

      PM Sudani made some kind of announcement at the Atlantic Council that Iraq will raise the value of the dinar.

      He did not say when but eventually this will be done sometime this year.

      Last evening CBI governor talked to the iraqi citizens on national television.

      This was a pre-recorded broadcast made before he travelled to USA.

      Today April 22 PM of Turkey – Erdogan – is in Baghdad to sign several MOUs.

      He will later visit Erbil in Kurdistan.

      I have read that Iraq will be a fully fledged member of WTO on May 9.

      I do not know if this is correct – maybe a rumor.

      Iraq has never been in a hurry with anything – so do not think that we are close.

      I know for a fact that the big screens all over Iraq now has been installed.

      The new small category notes will be exposed on these screens for the citizens.

      Do not forget Hydro Carbon Law (HCL)

      Everything about the reinstatement will be shown in articles and on television in Iraq.

      The education of the citizens will continue

      Like

  14. Prime minister of Iraq Muhammed Shia Al Sudani returned yesterday, April 20, from USA.

    His big delegation is still in USA continuing their work.

    Today, April 21, Sudani will address the nation on television probably at 6 PM iraqi time (11 AM EST)

    Later this evening CBI governor Alaq will be interviewed on Hurra TV at 11 PM iraqi time (4 PM EST)

    Hurra TV can be viewed on live stream.

    PM Sudani will continue this week to talk to the nation on TV.

    A big delegation from USA is coming soon to Baghdad.

    I do not expect the reinstatement anytime soon but what we now see is the finnishing touches

    before the rate change.

    Liked by 2 people

  15. It’s time as you have referred to as Iraq going global. They need to get things finished meaning the project to Delete the zeros and the education rapped up. I hope they don’t stall till January 2025. I don’t think they will but it does seem that for every 2 steps forward then end up 3 steps back. Hopefully the forward momentum will continue and gain speed. Looking forward to that day and hopefully it’s very soon.

    Like

  16. Is the wto ascension, and education/ lower denoms all that is needed to change the rate. I am not gonna ask will it be fixed to a basket , reinstated to its previous glory rate or just over $1 and let it float, I will take any of the three. But really HOW MUCH LONGER CAN THIS GO ON, would be great to know.

    Like

  17. Thank you MG.

    an article recently emerged from Saleh stating that it was not necessary for parliament to vote on schedules. Quite confusing. Anyhow, my question.

    we know the Rate is not in the budget. We also know that the cbi has complete control over the rate ( obviously political consensus with Sudani is a big input ).

    question: to the best of the contacts belief, is the government willfully holding back sending the projects to be voted on until a more favorable Iraqi Dinar rate is released. No nation wants to give their products or services away without real value globally, in return.

    Like

  18. Al-Sudani chairs a meeting to follow up on the outcomes of the Washington visit and issues guidance to the advisors

    April 30, 2024Walter

    • Time: 04/30/2024 22:58:40
    • Read: 91 times

    Al-Sudani chairs a meeting to follow up on the outcomes of the Washington visit and issues guidance to the advisors

    Prime Minister Mr. Muhammad Shiaa Al-Sudani chairs a meeting to follow up on the outcomes of the Washington visit
    ••••••••••• 

    The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, chaired, this evening, Tuesday, a meeting that included a number of advisors to the Prime Minister. The meeting discussed the file of the Washington visit, and the follow-up of the implementation of the agreements and understandings concluded by the official Iraqi delegation, headed by the Prime Minister, with the American side, during the last visit, based on the government’s approach in closely following up on all the files it is working on, including those related to foreign relations and understandings with Governments of countries, the latest of which is the relationship with the United States.

    The meeting witnessed a discussion of the results of the meetings of the Supreme Coordinating Committee (HCC), concerned with activating the framework agreement between Iraq and the United States with its seven axes, as well as a discussion of the important economic partnership file concluded by the Iraqi private sector with major American companies. 

    Mr. Al-Sudani stressed the importance of following up on the understandings reached between Iraq and the United States in many areas, in order to arrange the bilateral relationship, in a way that serves the highest interests of Iraq. His Excellency pointed to the need to benefit from the competencies that the Iraqi communities abound in reconstruction campaigns and service provision, In implementing the priorities of the government program, His Excellency described these competencies as idle wealth.

     The Prime Minister directed the advisors to arrange priorities in following up on the outcomes of the Washington visit, and for each advisor to follow up on a specific file, along with the relevant ministry and the Iraqi embassy in Washington, and to submit what is verified from it to His Excellency. He also directed to appoint a special secretariat for the Supreme Coordination Committee ( HSS), and emphasis on continuing periodic meetings, to follow up and review what has been accomplished.

     السوداني يترأس اجتماعاً لمتابعة مخرجات زيارة واشنطن ويصدر توجيهاً للمستشارين

    Like

    1. Economic adviser to PM Sudani on television yesterday May 2 saying that the parallell rate is now almost on par with the official CBI rate of 1320. He also called for the dinar to float. This is something we have been waiting for a long time. The big delegation of 130 officials have now returned to Iraq from Washington. US Treasury approved and signed the new exchange rate in DC lately. Now we are seeing the result of these big meetings. 

      Like

  19. Dear MG,

    The question that I and probably most others would like to ask you is how you (a U.S. Military Intelligence officer) had originally met your CBI contact and if your contact with this person became more regular only after you had purchased the Dinar.

               Respectfully yours,

                 TC

    Like

  20. Question regarding the possible China credit/rate of ~$28, for up to 20MM dinar. With China setting up China Petrol in Iraq, will China still give out this rate as specified before? Thank you.

    Like

  21. What is a real number we can hope the rate will stay at at the time of the RV after the first few weeks ?

    Like

    1. No one knows the date or rate at this time, although Mountain Goat has often alluded to another program rate change of around 1100 dinar before they delete the zeros. Once they delete the zeros from the exchange rate the new rate will be “In Country” for a period of time. As Mountsin Goat put it, it could be 3 days, 3 weeks, 3 months. This is Iraq we are talking about and they tend to be a little slow at doing things, but rest assured, it will be done… but on Iraqi time. I would suggest to just be patient and let it happen. To consistently be looking for a date or rate will drive you nuts. I would suggest to focus on the current news cycle and Mountain Goats news letters as this will point you in the right direction.

      Liked by 1 person

  22. Hey mountain Goat,

    This is not for your CBI contact, thank you for the offer, but you’re so thorough I can’t think of anything you haven’t covered.

    A few months ago you gave us a an example script of things we might want to say when we went in to exchange at the bank. I had saved a copy, but I have a new email and can’t access it. Do you know which archive newsletter it would be in.

    Thank you

    Suki

    Like

  23. Suki,

    This is from my notes in the past newsletters…I hope this help you…

    “Recently I received a question from a reader of my blog concerning the China contract rate for the dinar. Apparently this person is still confused probably because they are a newbie in this investment. So now I will clarify for everyone what I know of this matter.

    Question: Can you direct me to the date you taught about the oil for dinar program or can you talk more about how to use this information to possibly exchange for close to 301 at the bank? Thank you for sharing your talents with us, you have helped me stay sane during this rollercoaster.

    Mnt Goat Answer: I talked about the contract rate many times and I cannot take the time now to research which newsletters. Sorry! However, I will add that all you have to do is sit with the exchanger at a “major” bank, not a small branch, and simply ask for all the rates for the dinar. Do not say IQD, say Iraqi dinar. If they don’t give you in reply the contract rate of $28.50 then ask for it specifically and tell them you heard it was available. Is that too hard to do? If they tell you they never heard of it, then tell then this is a contract the US Treasury brokered between China and Iraq for oil at a fixed price. If they still don’t know anything about it then go to another bank. I am told you will be allowed only up to 20 million dinar for the contract rate. Anything after that is the market rate. You will have to sign an NDA not to disclose the rate to anyone for up to 90 days.”

    Like

  24. MG,

    I have imagined that the RV-education process would be a formal media campaign, a designed sequence of information and PR from GOI or CBI that is explicitly or obviously associated with the RV.

    However, with increasing frequency we see articles and statements that seem to be preparing people for RV-related changes, but these seem to be ad-hoc rather than part of an organized educational process.

    Will the education process be a formal action with a kick-off and metrics and milestones? Or will it be more subtle than that, and could the seemingly ad-hoc articles and statements actually be part of a “shadow” education process?

    Thank you for your years of outstanding reporting and analysis! I remain a huge fan and loyal follower.

    Like

  25. Good afternoon!
    Thank you for keeping us educated and informed. I have a question regarding the delayed release of the RV.

    Could it be possible that its timing is influenced by the awaited activation of the USA CBDC?

    This might allow for better monitoring and control over fund usage.

    What are your thoughts on this?

    Thank You. 

    Liked by 1 person

  26. I have followed this dinar saga for 12 years now and I have learned a lot about iraqi politics and the widespread corruption that has plagued Iraq for decades. Every year we have had great hope for a reinstatement – but after the big iraqi delegation arrived in USA headed by PM Al Sudani we now can at last see the light in the tunnel ?! POSTPONED – DELAYED – ON HOLD are the most common words we have read during the last 12 years in iraqi articles.. We are now in the second quarter of 2024. The reinstatement can happen in the beginning -in the middle – or in the end of a quarter!! My take is JUNE. This is confirmed by a wealth manager from Chase a week ago. There will soon be a slew of articles in Iraq explaining and showing the new small catergory notes to the citizens. I do not know if the big screens already have been installed – but before PM Al Sudani went to USA he ordered big screens to be installed as soon as possible. It is very possible that the new small category notes will be shown on these big screens all over Iraq. The reinstatement of the dinar is not a secret anymore – it is in plain view for those who are alert. PS Vietnam central bank has just announced that they will soon interfere on Forex!!! According to several banks in USA Vietnam will alos raise the value of the dong!! Tellers are now being trained for the big foreign currency exchange

    Liked by 1 person

  27. thank you MG, long long follower. Your reports are always informative an factual. Yes the choo choo is moving really fast, but is the train station fifty miles or 5000 miles away. All of the redone an new contracts can’t work or get going at 1320. We hope it won’t be like last time where they all cancelled because of no rate change. Not sure if Iraq will get another chance or just be a laughing stock of the world, which maybe the plan of the current US politicians/ bureaucracy. Always lots of somewhat good news but then it’s always something else to overcome. Oh the champagne has spoiled from the in an out of the frig . Blessings!

    Liked by 1 person

  28. Fact no 1: Prime minister Muhammad Shia Al Sudani has recently been on iraqi television and talked about COINS! Yes coins. Metal coins and paper fils. The people have now been informed about coins and paper fils. Paper fils are much cheaper to manufacture and more easy to handle for the citizens.

    Fact no 2: Videos have been made to inform the citizens on television and on the big screens. These videos were made as soon as the delegation returned from USA in April. Sudani and his ministers and CBI governor Alaq with his board will speak to the citizens in these videos. They plan to very soon show these videos to the citizens. These videos will shown around the clock for weeks until the citizens have got the message!

    Former CBI governor Sinan Shabibi said many years ago that the reinstatement can happen in the beginning of a year and in the middle of a year.

    My take is still JUNE this year.

    Like

    1. Hi Roger, thank you for the update. I hope everything you said holds true. If these things start happening, then there is reason to start getting excited.

      However. how do you know this? If I remember correctly, you have access to Iraqi TV? If so, how can you understand what is being discussed? This isn’t an attack but just asking? Thanks, Gavin

      Like

      1. Yes, everything I write here is based on actual facts from Iraq. I would never lie about anything to give you hopium – false hope. Prime minister Al Sudani was on television a while ago and talked about coins and paper fils. He did NOT show any of these coins and fils to the citizens – only talked about them.

        I cannot provide any link to this television interview. I have a big dish in my garden since 2012. I installed this big dish in order to follow the news from Iraq. I cannot provide any hard evidence that PM Sudani talked about coins and fils. But I saw him on television alright.

        There is no video on internet showing this interview. You have to watch it live on iraqi television

        I have learned some words in their language and indeed he talked about coins and paper fils. I can understand the language up to 10 %.

        Yesterday an incredibly big article was released in Iraq about a FLOAT. Yes the iraqi dinar will float and it will not be in a basket.

        The information I have received from a highly credible source about videos soon being released on television is absolutely TRUE. These videos will be shown on iraqi television around the clock.

        Central bank governor Alaq and his whole board will talk to the citizens in these videos. PM Sudani and his ministers will stand shoulder to shoulder and talk to the citizens about this historic event in Iraq. I have been informed that Ministry of Planning, Ministry of Finance and Ministry of oil also will be talking to the citizens in these videos.

        As soon as the big delegation returned from USA they immediately began to make those videos.

        The citizens must be educated every day now before this big event in Iraq. So far it has been a big success – praised by IMF, World Bank, US Treasury, Bank of International Settlements, Federal Reserve and United Nations.

        Many banks in USA are now almost done with the foreign currency exchange training. It is mainly wealth managers that are being trained.

        The videos will be shown around the clock for a week or two until the citizens are fully informed about the reinstatement of the iraqi dinar.

        No one knows the date and the rate – but it is highly likely that we will see the reinstatement sooner than later. In my humble opinion of course.

        Like

  29. MG,

    Been following for a long time and appreciate all your insight. You had previously posted some info on recommended types of trusts but I forgot to print this info out. Would it be possible to get this again. Also, I’m travelling to Bavaria in September for the first time and would love your recommendations on places to see and stay. Thanks for all you do.

    Like

  30. Hi Roger:

    Thank you for the information. I hope the videos come out soon. That would be a big boost.

    Take care – Gavin

    Like

  31. You have stated many times that January is Iraq’s preferred month to make changes as in value to the dinar especially when talking about their budget. So they are making great headway especially the last couple of months. Do you feel that the official rate won’t be released until January to be live on Forex?

    Hammer

    Like

    1. Hi Mtn Goat,
      I was wondering this as well. If I remember correctly mid year, June, was also a feasible option. But you did mention January.😭 I am trying to stay grounded, but my Wings are flapping as fast as the news is in Iraq. If policies continue to move as fast as they are, Do you think we still have to wait another 6 months since January is the best time for them to make a fiscal change?
      Thank you

      Like

  32. Hello Mnt Goat, thanks you for the news letters, I do have a question as to what your contact has confirmed to you, you have said many times that he has confirmed what you were thinking but you don’t say as to what exactly you were thinking. If you could go into detail about what exactly he is telling you, that would help greatly to all your readers, we would all greatly appreciate it.

    Like

  33. Thank you MG for a very exciting report today, yes the train is moving rapidly. As you mentioned we have moved into the second stage of financial an monetary reform. My question to you today is just how many more stages of reform are needed. It seems something is always added to the list in Iraq. You said not years to complete, however that is still a long time an since your contact has not given any timeframe which is proper conduct,, do we have to Wait till Biden is out or God forbid re-elected. Have you changed your tune in that scenario , thank you an blessings on you. We continue to wait ..

    Ash

    Like

      1. If that is the case there is no reason to get excited if Biden has to be gone until he is voted out. I might add MG seems very excited so why the excitement if he has to be gone. Do you see the conflicting statement. So put the DINAR back in the shoebox an wait no matter how good the news sounds until sleepy Joe is gone.

        Liked by 1 person

      2. “There is no reason to get excited.” Speak for yourself. 🤷‍♀️ Do what you wish with your dinar. There are more than several reasons to be excited; the PROCESS is moving FORWARD. There are MANY people who value the *steps* in this process. It’s the steps that will bring the revaluation of the IQD to fruition, not a “date”. Anyone who fails to be excited, is someone who doesn’t respect the process and all that Iraq has faced. Read the newsletters with understanding; not with a get-rich-quick mindset.

        Like

      3. Do you understand what I said, about the goats comment about it not happening till Biden is gone. Not sure I understand your ramblings. I am just saying clam down regardless of the good news, goat says ain’t happening till Biden is gone. She has said this multiple times.

        Like

  34. Saturday May 25 is the official start of the second phase of the banking reform goals (monetary reform) to bring back the strength of the iraqi dinar.

    The second phase will introduce the new exchange rate for the lower notes – telling about the ATM machines – about apps in their phones – about the HCL.

    Pre-recorded videos will be shown around the clock for the citizens on television and also on the new big screens that have been installed. These videos will feature CBI governor Alaq and his team and also PM Al Sudani and his ministers standing shoulder to shoulder talking to the citizens about the currency reform.

    PM Al Sudani´s financial adviser Mudhar Saleh on television saying the budget should be voted on before Eid al-Adha holiday (June 16 – 19)

    Like

    1. Thanks Roger.

      if there are any images like of fils or other helpful images, can you send it? Thank you

      Like

  35. Hello again MG, I read an article today 5-26-24 about the parallel market rate, in this post you made a comment that referred to these articles as the “Excuse articles” as to why they are not moving forward, I would appreciate it if you could confirm or deny that once again they are held up somewhere from moving forward, will look forward to your next Thursday newsletter after you have had a chance to speak to your contact on Wednesday. Here is the article that I refer to:

    The government sees clear indicators: the parallel dollar will be equal to the official one

    5/26/2024

    Baghdad

    Today, Saturday (May 25, 2024), Mazhar Muhammad Saleh, the economic advisor to the Prime Minister, confirmed that the dollar exchange rate in the parallel market is close to matching the official price, in conjunction with the increased capacity of banks to meet requirements.

    Saleh said in a press statement followed by “Baghdad Today” that “the price of the dollar will be 1320 dinars in the coming days,” noting that “the important factors that work to reduce the value of the US dollar against the Iraqi dinar in the parallel exchange market will remain centered on two important variables, the first of which is the rise Abilities of operating banks to comply with external transfer rules.

    He explained that “the indicators are witnessing a cumulative rise, according to which the percentage of requested and executed requests in foreign currency for the benefit of financing foreign trade for the private sector through official transfer ports has increased, which has increased to more than 85%.”

    For more than two months, the exchange rates of the dollar against the Iraqi dinar have stabilized around 145 thousand dinars per 100 dollars, after it was between 155 and 160 thousand dinars per 100 dollars, while the decline in the exchange rate coincided with an increase in the amount of the Central Bank’s sales of dollars.

    Like

  36. This is the part of your newsletter I referred to in previous post

    Didn’t it seem weird to you that all these articles came out of Iraq about the parallel market and having to solve this crisis, yet at the same time last week we learned about the CBI allowing travelers and even tourist more dollars. Then in another article they told us these dollars are part of the problem in stabilizing the rate of the dollar. Can you see the lunacy of it all. One might say do they really know what the hell they are doing? But they do know what they are doing. It’s called “buying time”. Yes, just waiting for the time to move ahead. Al-Sudani’s trip to Washington was all powerful in initiating this action. Afterall, you have to tell the citizens and us investors something as to why the reforms seemed to be stalled. Right?

    Like

  37. so we see today written that the parallel rate is within 10,000 dinar of the official rate of 132000 IQD per $100 per meaning the parallel rate is about 142000 IQD per $100. Am i correct in this determination? Still a bit to go to be within 2%. By my calculations we need 135000 IQD Parallel rate for a bit before stability can be declared? Please correct me if I’ll off on this evaluation of the situation.

    Like

  38. Hello MG and thank you! Can you send out that replay of Johnny Enlow and Steve Schultz talking about the dinar and the revaluation of the dinar? Do you know when this conversation took place?

    Thanks

    Ken

    Like

  39. Hi MG:

    Great news about the CBI prepared articles going to the media outlets. That should mean the articles should go out soon as the CBI wouldn’t send the articles too far in advance.

    If the articles have been received by the news media, shouldn’t we expect a leak? This is big news.

    Thank you – Gavin

    Like

Leave a comment