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:

May 5, 2026 Mnt Goat News Brief

Guten Tag everyone:

The RV saga continues with the election cycle. The prime minister designate is supposed to go before parliament and get ratification of his new cabinet on Saturday. This will be the quickest cabinet ever put together. He is expected to get approval. Meanwhile the US warned that forming a government that includes figures close to Tehran could harm the future of Iraqi-American relations, calling on Washington to continue to exert pressure to ensure the formation of a government that is “not subject to the influence of militias”. I have a strong feeling this issue is either going to make or break this new prime minister.

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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Psalm 37:4

Delight yourself in the Lord;
And He will give you the desires of your heart

STATUS OF THE RV

Welcome to May everyone!  Remember that April showers bring May flowers…

Again, I need to review and clarify this notion that the RV new rate is in the 2025 budget tables?

We are hearing now that the 2025 budget tables will be rolled over to 2026 at least of what is left of it. Didn’t I tell everyone that this was their objective way back almost a year ago when oil prices plummeted. Yes, they cancelled having to enforce a budget in 2025 that simply did not work with that price of oil, instead of borrowing money to pay for it. Al-Sudani did not want more Iraqi debt. What did the Finance Committee tell us back then? I even presented the articles to you explaining it all. So why do these so-called intel gurus still persist with their nonsense?

So, the budgeting process is hard since oil prices can fluctuate and especially now when the Iranian conflict is underway. Do you see the problem here with having a ‘rentier’  economy? Today revenues for Iraq for the budget is still 90% oil revenues, a rentier economy. So, the need for diversification is a necessity not an option for Iraq if they will ever get a stable flow of revenues to meet any budget.

In the article titled “WILL A SUPPLEMENTARY BUDGET BE APPROVED THIS YEAR? THE PARLIAMENTARY FINANCE COMMITTEE CLARIFIES.” We learn that they do intend to pass a budget for the rest of 2026. Jamal Kojar, a member of the parliamentary finance committee, confirmed that it is possible for the new cabinet to submit a supplementary budget project during the current year, explaining that the Financial Management Law allows the government to send more than one budget during the same year.

 “What is known as the second or supplementary budget is usually sent in the second half of the year, which means there is a possibility of sending it during the second half of the current year.”

Please, please, please DO NOT use this news as a milestone for the RV. It has nothing to do with it. Again the budget today is based off of the price of oil not the rate of the dinar. Get it?

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😊 Then we read in the article titled “MP: THIS YEAR’S BUDGET IS A PRIORITY FOR THE NEXT GOVERNMENT” that member of Parliament, Miqdad al-Khafaji, confirmed on Thursday that “the current financial and economic crises necessitate expediting the completion of the general budget, indicating that this file will be at the top of the agenda of the next government as soon as it is formed”.


He added that “the incoming government will, immediately after gaining confidence, begin preparing the budget schedules and drafting its articles to align with the scale of the economic challenges,” emphasizing the need to resolve the issue to secure salaries and the completion of stalled service projects.” Yes, this article proves again what they said last year still holds true. They intend to roll over unfinished projects that ran out of budget due to drop in oil prices back then. By showing the world that they can deliver on a budget in this manner shows confidence in the government. This makes investors happen that someone with intelligence is running Iraq.

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SUSTAINABILITY and DIVERSIFICATION (new mantra for Iraq)

More good news, as a result of the Iranian conflict, is the idea of speeding up the sustainability and diversification efforts being heightened in Iraq. Yes, many more have awakened to this reality of this change that must occur. It is now a top priority and all can see it now. It’s not just politics but survival. In the article titled “INTERNATIONAL CENTER: IRAQ HAS AN OPPORTUNITY TO ACCELERATE ECONOMIC DIVERSIFICATION EFFORTS” we can see this intensified effort coming. I quote from the article – “The International Trade Centre (ITC) believes the current phase presents an opportunity to accelerate Iraq’s economic diversification efforts.”  “that the closure of the Strait of Hormuz, along with regional developments, this has led to a sharp reduction in oil exports, the sector on which Iraq relies for most of its export revenues, and has also caused significant disruption to imports, including food and basic commodities.”

The author Bushout noted that “at the same time this stage represents an opportunity to accelerate economic diversification efforts by expanding non-oil exports, enhancing local production, and building a more competitive private sector. He considered the development of trade and exports a key element in this transformation, along with financial reforms. He added that strengthening integration into international trade frameworks can support Iraq in building a more flexible, transparent, and rules-based trading environment.”

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In this next article titled “THE CENTRAL BANK GOVERNOR PARTICIPATES IN THE SIN DIALOGUE FORUM” we learn the seriousness of the CBI these sustainability and diversification measures. Oh…. I guess it is important! I especially like the slogan in this article and this pertains to many aspects of what is now going on in Iraq and will continue a trend. It is about time more awakened. Under the slogan Solutions are born and plans are formulated from the heart of crises,” the Sin Dialogue Forum organized a dialogue session that hosted His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, with broad participation from decision-makers, experts, and specialists in various sectors. The session, titled “From Restricted Rent to Renewable Production: Iraq’s Path Towards a Sustainable and Renewable Economy,” focused on the transition towards a diversified and sustainable economy and reducing reliance on rentier resources. It also presented visions for enhancing national production and revitalizing various economic sectors. 

His Excellency the Governor stated that the Central Bank is working to achieve economic and financial stability, despite the challenges facing the country,

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😊 Oh…. but has the reforms already helped in speeding up diversification of revenues? Let’s take a peek at the article titled “CUSTOMS AUTOMATION HALVES DEMAND FOR DOLLARS: AN ECONOMIST REVEALS A RADICAL SHIFT IN IRAQ’S FOREIGN REMITTANCES.” Looks like implementing the Customs and Tariffs is working to not only bring in revenues besides of the petro-dollar but also is assisting in reducing the parallel market. Seems to me in reading this article that the nail has already been driven on the coffin of the parallel market. This article today enforces once again why it is so important to control the parallel market and the connection to our long-awaited RV and Reinstatement. I would consider this article our WOW! WOW! WOW! news for today.

The data is now out since the ASYCUDA has been in operation for almost a year now. I quote from the article – “Iraqi economist Manar Al-Obaidi revealed a radical shift in Iraq’s foreign transfer balance during the first quarter of 2026, stressing that the implementation of the ASYCUDA customs automation system directly contributed to curbing what he described as the “financial bleeding” that accompanied import operations and international transfers for years.”

Al-Obaidi explained, based on recent data, that the Central Bank of Iraq’s sales of foreign currency recorded a sharp and unprecedented decline, reaching about $10 billion during the first quarter of 2026, compared to much higher levels in previous periods.  Al-Obaidi stressed that this decrease does not reflect an economic recession, but rather represents a direct result of strengthening financial control tools, noting that the ASYCUDA system, along with the Advance Send system, played a pivotal role in reducing invoice inflation and preventing the submission of fake or overvalued import documents to obtain dollars.

Al-Obaidi described the reliance on these digital systems as a “strategic achievement” for Iraqi fiscal policy, noting that it succeeded in a short period in reducing the demand for the dollar by half, which enhances the stability of the national currency and gives the Central Bank greater flexibility in managing cash reserves with higher efficiency.

Folks they are drying up the ways to which they can smuggle or money launder to Iran. This has to be done. This is all connected to the combating the illegal parallel market, which we know is just one of the five issues that must be resolved prior to the reinstatement. This is called STABILITY!

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😊 Opps…. yet more news about the parallel market! In this next article we read yet more about the parallel market. Do you think its important to finally break this illegal money market? The CBI, IMF, World Bank and the US Treasury thinks it does. The article is titled “SALEH’S APPEARANCE: THE STABILITY OF THE PARALLEL MARKET IS LINKED TO THE MANAGEMENT OF MONETARY POLICY AND THE AVAILABILITY OF DOLLARS.Remember when you read this that the CBI does not support a parallel market but recognizes it does exist and wants to end it. It is an illegal backdoor for the dollars. The CBI should be the only source and regulator of the dollar.  The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, presented today, Sunday, a brief analysis of the factors affecting the stability of the parallel exchange market in Iraq.

I encourage everyone to go read this full article, after all the parallel market is a major concern for us investors. It must be dealt with and the CBI must get it ended or at least down to the ‘official’ CBI rate of 1320 for the restatement to occur.

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DISMANTLING THE FACTIONS/PMF A HIGH PRIORITY

😊 So, here we go again. Yet more news about another of the five (5) issues for resolution prior to the reinstatement. I reviewed in detail with you in my 9/16 Newsletter last year. The title is “FROM GUNS TO OFFICES: QUIET ARRANGEMENTS RESHAPE THE ROLE OF FACTIONS. STOP PROVOKING TRUMP UNTIL A SATISFACTORY SETTLEMENT IS REACHED”. Yes, stop poking the beehive with a stick, you make get stung real bad….

This article is really long and so I will try to summarize it for you. But  you may want to go read the entire article since it is essentially saying the PMF and factions are on their way to decline and the solutions that may be used to resolve this issue. Remember al-Sudani talked about the agreement with Trump they must go but said there was no sound solutions as of yet. Well…. now we are seeing some possible solutions to the PMF. This is all goo and shows they are addressing this issue too.

I quote from the article – “In a development suggesting arrangements extending beyond domestic concerns, sources familiar with the behind-the-scenes negotiations last month revealed what they described as a “major surprise” regarding a covert Iranian role in managing the formation of the new government.” Are you surprised?

Yes, very sneaky indead! …This role, they claim, was achieved through a carefully crafted plan designed to be implemented “without raising a fuss.”  “Meanwhile, the silence of armed factions and the so-called “axis of resistance” raises significant questions, amidst a sarcastic description circulating about the anticipated government as “a Trump-esque government.”

Do remember the article dating back to April when when Ismail Qaani, commander of the Quds Force of the Iranian Revolutionary Guard, arrived in Baghdad for an unannounced visit—his first since the recent confrontation with the United States.
The visit, which was only revealed two days after his departure, came at a time when the “Coordination Framework” was mired in a political deadlock that had lasted for more than 160 days, without reaching an agreement on the name of the prime minister.

According to informed sources, Qaani held a series of meetings with key figures both within and outside the “Framework,” warning of “real dangers that could lead to the loss of military privileges” within Iraq, and indicating the need to move to an “alternative plan.”  What Qaani was saying was don’t poke the beehive (U.S. Trump) and give him what he wants or Iran may lose its foothold in Iraq.

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Here is yet another recent article about the militia in Iraq and how the US wants Iraq to cut these ties from Tehran. I believe this issue is either going to make or break this new government of Iraq. Let’s take a peek at the second article on this subject matter titled “WASHINGTON MAKES PROGRESS IN RELATIONS WITH BAGHDAD CONTINGENT ON “DISMANTLING THE FACTIONS”. A spokesman for the US State Department confirmed on Wednesday that dismantling Iraqi factions is a “key pillar” for making progress in bilateral relations between Baghdad and Washington.

The spokesman told Shafaq News Agency, “The US administration was very clear in its vision of what is required to achieve progress in bilateral relations between Washington and Baghdad.” He added that “dismantling the pro-Iranian armed factions in Iraq is a fundamental pillar for strengthening the relationship,”

So, knowing this information do you actually think the US is going to sign off on the reinstatement of the Iraqi dinar while these close ties to Tehran exist and these militia threaten U.S. interests in Iraq? If you do, I have a bridge for sale in Brooklyn for you to buy…..lol..lol..lol.. All you intel gurus out there on the internet please, please stop telling you listeners that the RV is happening any day or every day. Once we see significant progress in these ongoing issues and the CBI announces the Project to Delete (or remove) the Zeros we will then and only then be on our way to an ‘imminent’ situation. Get it?

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If this next article does not hit home on the US stances on these Iranian backed militia in Iraq I don’t know what does. It is titled “REPORT URGES TRUMP TO DRAW “RED LINES” AHEAD OF AL-ZAIDI’S RULE OVER IRAQ”. A US report urged President Donald Trump’s administration to maintain what it called “red lines” during the process of forming the new Iraqi government, three days after Ali al-Zaidi was tasked with becoming prime minister.

American Conditions: The report issued by the US-based Foundation for Defense of Democracies , and translated by Shafaq News Agency, warned against including figures linked to armed factions or close to Iran in ministerial or senior positions. The US report warned that forming a government that includes figures close to Tehran could harm the future of Iraqi-American relations, calling on Washington to continue to exert pressure to ensure the formation of a government that is “not subject to the influence of militias” and maintains a balanced relationship between Baghdad and its international partners.

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UPDATE ON THE ELECTION SAGA

Just wanted to pop in and give you an update on Zaidi’s new role a prime minister elect. In this first article titled “WASHINGTON ANNOUNCES ITS SOLIDARITY WITH IRAQ AND SUPPORTS AL-ZAIDI’S EFFORTS TO FORM A GOVERNMENT.” We learn that the United States Mission in Iraq expressed its best wishes to Prime Minister-designate Ali al-Zaidi in his mission to form a government capable of meeting the aspirations of the Iraqi people and achieving a brighter and more peaceful future. Folks this only means the US accepts Ziydi and nothing more. He will still have to prove himself later once he is the prime minister thus forms his government.

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In this next article again we see acceptance of Al-Zaidi as the new designate for prime minister this time by the embassy in Iraq. But also again we see a warning about armed factions close to Tehran. The title is “IT BRINGS BENEFITS TO BOTH AMERICANS AND IRAQIS. WASHINGTON IS OPTIMISTIC ABOUT AL-ZAIDI BECOMING PRIME MINISTER: WE WANT A SOVEREIGN IRAQ.” The US Embassy in Iraq expressed its support on Tuesday, April 29, 2026, for Prime Minister-designate Ali al-Zubaidi in his efforts to form a new government, stressing its aspiration to enhance security, preserve Iraq’s sovereignty, and achieve a partnership that serves the interests of both countries.

This was in the context of a broader US trend of not supporting figures or forces accused of undermining the internal balance or of being close to Iran. Washington also focuses its positions on pushing for governments that are described as more independent and limit the influence of armed factions linked to Tehran.

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Oh yes…. the spoils of the political war…lol… 😊In this next article titled “A DEPUTY REVEALS THE SHARE OF THE SUDANESE COALITION IN THE AL-ZAYDI GOVERNMENT.” What I want to know is what position is the ‘peanut-head’ Maliki going to get in the new government. I certainly hope not one of the vice president’s roles. Remember there are three one from each sec, Kurd, Sunni and Shiite. What deals did he make so he can get it?

On Monday, MP Ahmed Al-Dalfi, from the Reconstruction and Development Coalition, revealed the coalition’s share in the upcoming cabinet, stating that the ministries of oil, labor and social affairs, and industry and minerals would be allocated to them.

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In this next article titled “TRUMP INVITES AL-ZAIDI TO VISIT WASHINGTON AFTER THE GOVERNMENT IS FORMED“. So, it appears that Trump is trusting al-Zaidi. Can he get him to expel the Iranian back militias from Iraq? Prime Minister-designate Ali Faleh Al-Zaidi received a phone call today, Thursday, from the US President, during which he congratulated him on his official appointment to form the new government, and extended an official invitation to him to visit Washington after the government is formed.

What would be exciting is if someday Trump could announce a formal visit to Iraq and have the red carpet for him from Iraq. This is when we know al-Zaydi is on the right side.

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WHAT ELSE IS IN THE NEWS?

While this election drama and the drama over the Iranian factions moves on, progress in other directions continues in Iraq. In this next article titled “CHEVRON IS NEGOTIATING FOR HUGE OIL FIELDS IN IRAQ AS AN ALTERNATIVE TO RUSSIAN COMPANIES.” A report by the oil and energy website Motley Fool, published Monday, confirmed that oil giant Chevron is steadily becoming a major player in Iraq, a move that could attract long-term investors. Remember also that OPEC is in the midst of breaking up so quotas of oil will no longer exist and it will be anybody’s market. Remember that the more oil they pump the more revenues, even if it is still only oil revenues.

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I believe the importance of this next news stems from the current conflict in Iran. We have read about this TIR for a long time. It will also be necessary in the plan for the Development Road Project as well as the rail lines. Yes, this international ‘clearing house’ concept for the middle east by Iraq, in Iraq, is taking shape. It is titled “IRAQ BEGINS IMPLEMENTING THE TIR INTERNATIONAL TRANSPORT SYSTEM”. It was announced in the news that the Ministry of Transport – General Company for Land Transport issued TIR Carnets on Tuesday, opening new horizons for international trade from Iraq. A statement from the Ministry , received by Al-Maalomah News Agency, indicated that “the Ministry of Transport – General Company for Land Transport, as the local guarantor of the TIR Convention in Iraq, has issued TIR Carnets to licensed companies.” The statement explained that “this significant step aims to activate Iraqi exports and enhance the smooth flow of goods across international borders in accordance with internationally recognized standards.”

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MORE HINTS OF WHEN WE MIGHT SEE THE RV

So, to answer this question of “when’ will we see the reinstatement depends on the reset and what conditions must be put in place to secure the dinar of Iraq. I have some very good prophetic words from Hank Kennerman on this subject matter today. I firmly believe we will see our biblical Esther appear soon and so when we do this long-awaited RV will also come in conjunction when peace that will prevail over the middle east.

I believe it won’t be until this Islamic jihad ideology is defeated and we then can have peace in the middle east. The battle rages on today and is historic. Our children and grand children will read about what is going on in Iran and Iraq someday in their history books. We are essentially re-living biblical times but in a modern version. Is this why God gave us the bible to begin with, so that we can follow it and understand what is to take place? Even the Muslim population needs to wake up and see it too in their hearts that they have been lied to. I am not saying that these five issues I talk about with my CBI contact for Iraq are not important to resolve but they too are part of the scenario and come in conjunction will all the rest. Get it? It is all linked together. It is not one or a few events, but a change in our hearts, a much larger context that many of us refuse to believe.  

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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. 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.

Again, please remember that I spend a lot of time putting together these Newsletters for you not me. I already know this stuff. This is for you! I am trying to give you HOPE that this investment is real and is going to happen. Please consider helping out and show me you care for all that I do for you. 😊

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

Leave a reply to Gavin M. Blair Cancel reply

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

                                             Just the FACTS!

                                         

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 the prophets:  Julie Green

“Every Treasonous Act Will Be Put Out In Full Display For The World To See”

Go to the 12:18 mark to listen to the prophecy. From April 25th..  

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.  

WHO THE HELL IS ILHAN OMAR ANYHOW?

I mean let’s dig deep before she came to the U.S.

ILHAN OMAR’S RISE, MARRIAGES AND THE MILLIONS NO ONE CAN EXPLAIN

WHAT HAPPENS IF ILHAN OMAR GETS CAUGHT?

ILHAN OMAR’S IDENTITY… SOMETHING DOESN’T ADD UP

THE REAL REASON JAMES COMEY WAS ARRESTED

There is strong evidence he may be connected closely with the three assassination attempts on Trump’s life. We will have to wait until the details come out in the trial to learn more. Are we finally going to get justice for Comey and his corruption, maybe now even more like TREASON!

MORE CORRUPTION AT THE CLINTON FOUNDATION: THIS TIME COMEY… AGAIN…

He’ll be singing ‘sea shells by the sea shore’ all the way to GITMO.

“We Will CONFISCATE the Ballots” – DOJ SIGNALS IT’S READY TO SEIZE MI BALLOTS AFTER STATE REFUSAL

They did this in GA and they will do it in MI, then move on to any other state that refuses to turn them over.

Again, I must reference the prophets and what God tells us through them is going to happen. He told us that the 2020 and 2024 election fraud would be exposed and the elections would be overturned. But isn’t it already too late? I don’t see what difference overturning the elections at this point would make, besides cleaning up the voter rolls and making future elections cleaner. I know, if this isn’t enough? So, we witnessed already Georgia audited now going into Michigan. We see the corruption allegations mainly in the key electoral states of Wisconsin, Michigan, Pennsylvania, Nevada, Arizona, Georgia and North Carolina. Go figure… 

I suppose maybe God knows something I don’t and so let’s watch what else comes out of this Federal auditing of the voter process. By the way this auditing is way overdue. Perhaps some indictments for voter fraud will also come out of all this?

A FUTURE ‘SPY’ IN THE FEDERAL RESERVE?

The question is does he have the legal right to just chose to stay on as the governor?

Will this be challenged in court? Remember the ‘Fed’ (or Federal Reserve) is not the U.S. Federal Government but a private enterprise banking cartel that contracts with the U.S.

If you read the book “Jekyll Island and The Rothschild Legacy” you will quickly see the problem, and why the Federal Reserve has to go. Why Powell has to go!  

TRUMP’S NEW FED CHAIR IS IN. THE OLD RULES ARE GONE. THIS IS WHAT
CAN HAPPEN

The proposed new Fed chair Kevin Warsh has a plan to pay off the $30 trillion dollars plus national debt. He will replace Jerome Powell who’s term expires on May 15th.

How does this all fit into prophecy?

THE NEW FED CHAIR’S PLAN TO QUIETLY CANCEL YOUR MORTGAGE

PROPHETIC WORDS ABOUT PAYING OFF THE ENTIRE NATIONAL DEBT OF TRILLIONS (the giant of debt)

Oh folks, this one goes very deep! I wanted to bring this prophecy today because perhaps we are about to witness this prophecy of freedom from debt being fulfilled. I am talking about both personal debt and the national U.S. debt.

This next changeover in May of the Fed chairman is just the beginning (see the video above). The prophecy says a young man with an amazing plan will do it. Is Kevin Warsh that young man spoken of? These are exciting times as we watch what happens next. Surely, we all can see now that this is the time for many of these decade-long Kim Clement prophecies about debt to be fulfilled. Yes, we are finally going to experience many of these marvels. Yes, we will see it in our lifetime. God’s hand is working today.

But let’s now get hung-up on just one item in the plan of getting to ‘debt free’. For God also tells us it is our choice to be debt free. Many have just ignored these prophecies and think they are foolish. They have very little faith. Do they even believe God is real?

I believe when the time comes God is going to use many of these items the prophets have been talking about for the last decade i.e. gold, silver, currencies, energy sources, etc. to be used as instruments to bring about this wealth transfer. We as individuals and politicians must be positioned and thus poised to take advantage of them when the time comes.

There will be no shiny chariots drawn by angels full of gold coming from heaven to us. Get it? This is not what God intends. We must believe and thus we must act. This is how it is going to work. God also has sent his word through his prophets to tell us so we can be in a position ourselves when the time comes. The time is here and the harvest is coming shortly and we can see it now all around us if we only pay attention.

I keep hearing through the prophets about on or around the 4th of July and the 250th anniversary of the U.S. I firmly believe this timeframe is very significant. I can not tell you with certainty what will happen other then I believe God has chosen this timeframe for a reason. The year 2026 we are being told is a time of ‘positioning’. Did you hear me I said ‘positioning’. This means getting ready for the harvest but you can’t harvest if you don’t plant. Enough said….

FOLKS, THEY ARE PUTTING IT RIGHT IN OUR FACES! BUT CAN YOU SEE IT?

Are you awake enough to see it? This is so obvious with even them putting this on the label on the bottle one has to say, is this even real…. well it is. Why is she still even in Congress? Why are both husband and wife not in prison? Enough is enough, is enough already….

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.

WASHINGTON ANNOUNCES ITS SOLIDARITY WITH IRAQ AND SUPPORTS AL-ZAIDI’S EFFORTS TO FORM A GOVERNMENT.

The United States Mission in Iraq expressed its best wishes to Prime Minister-designate Ali al-Zaidi in his mission to form a government capable of meeting the aspirations of the Iraqi people and achieving a brighter and more peaceful future.

In a statement, the mission affirmed Washington’s solidarity with the Iraqi people in their pursuit of common goals, foremost among them preserving the country’s sovereignty, enhancing security to eliminate terrorism, and building a prosperous economy that brings tangible benefits to both the Iraqi and American sides.
 

The Coordination Framework announced in a statement the selection of Ali al-Zidi as the official candidate of the Coordination Framework bloc, being the largest bloc in the House of Representatives, to assume the position of Prime Minister and form the next Iraqi government.

This came during a crucial meeting held by the leaders of the framework at the Government Palace in Baghdad on Monday, where the name of Al-Zaydi was agreed upon after studying the list of candidates and choosing the person whose specifications match the requirements of the current stage and its challenges.

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IT BRINGS BENEFITS TO BOTH AMERICANS AND IRAQIS. WASHINGTON IS OPTIMISTIC ABOUT AL-ZAIDI BECOMING PRIME MINISTER: WE WANT A SOVEREIGN IRAQ.

The US Embassy in Iraq expressed its support on Tuesday, April 29, 2026, for Prime Minister-designate Ali al-Zubaidi in his efforts to form a new government, stressing its aspiration to enhance security, preserve Iraq’s sovereignty, and achieve a partnership that serves the interests of both countries. US President Donald Trump had previously opposed the nomination of Nouri al-Maliki by the Coordination Framework forces for the premiership, which prompted them to put forward an alternative candidate, Ali al-Zidi.

This was in the context of a broader US trend of not supporting figures or forces accused of undermining the internal balance or of being close to Iran. Washington also focuses its positions on pushing for governments that are described as more independent and limit the influence of armed factions linked to Tehran. : “The US The US Embassy in Iraq said in a statement received by Mission in Iraq expresses its best wishes to Prime Minister-designate Ali al-Zaidi in his efforts to form a government capable of fulfilling the aspirations of all Iraqis to support a brighter and more peaceful future.” The statement continued, “We declare our solidarity with the Iraqi people as they strive to achieve the common goals of preserving Iraq’s sovereignty, enhancing security to defeat terrorism, and building a prosperous future that delivers tangible benefits to both Americans and Iraqis.”

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FAIHAN: THE OIL AND GAS LAW AND THE POPULAR MOBILIZATION FORCES LAW ARE AMONG THE PRIORITIES OF THE HOUSE OF REPRESENTATIVES.

(Mnt Goat: Opps here it is again, two out of the five main issues we keep seeing crop up in the news over and over again that need resolution prior to any reinstatement of the Iraqi dinar.)

The First Deputy Speaker of Parliament, Adnan Faihan Al-Dulaimi, confirmed on Sunday that many important laws are on the parliament’s table, while indicating that the oil and gas law and the Popular Mobilization Forces law are among the priorities of the House of Representatives’ work.

Faihan told the Iraqi News Agency (INA): “After the parliamentary committees within the House of Representatives completed their work, they began studying the laws and submitting them to the Speaker of the House of Representatives,” adding that “the committees started with a package of laws that were presented for the first reading, and we have another package of laws that will be presented gradually on the agenda according to their importance.”

He continued, “There are several important laws that will be among the priorities of the political forces and the federal government to include on the council’s agenda,” adding that “the oil and gas law and the Popular Mobilization Forces law will be among the priorities of the House of Representatives.”

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ALI AL-ZAIDI: WE WILL FORM A GOVERNMENT WITH A STRONG ECONOMY, WITH EVERYONE’S PARTICIPATION.

Prime Minister-designate Ali al-Zaidi confirmed on Saturday (May 2, 2026), during his visit to Sulaymaniyah Governorate, that he enjoys “great acceptance” among the political forces in the region, noting that the Kurdish parties have shown their clear support for the formation of the new government.

Al-Zaydi said in a press statement followed by “Baghdad Today”, that “the anticipated government will have a strong economy and be able to face the challenges”, noting that “there is great acceptance from the Kurdish parties supporting our government, in which everyone will participate.”

Prime Minister-designate Ali Faleh al-Zaidi met with Kurdistan Regional Government Prime Minister Masrour Barzani during his visit to Erbil, which he arrived in on Saturday morning, accompanied by a delegation of leaders from the Coordination Framework. Al-Zaydi also met with the President of the Kurdistan Democratic Party, Masoud Barzani, in Erbil, in the presence of a delegation from the Coordination Framework. The meeting addressed the overall situation in the country and the course of the ongoing dialogues to form the government.

In the same context, Al-Zaidi held a meeting with the President of the Kurdistan Region, Nechirvan Barzani, during which they discussed the latest political developments in the country, before concluding his tour in Sulaymaniyah with a meeting with the President of the Patriotic Union of Kurdistan, Bafel Talabani, to discuss efforts to form the new government.

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A DEPUTY REVEALS THE SHARE OF THE SUDANESE COALITION IN THE AL-ZIDI GOVERNMENT.

(Mnt Goat: What I want to know is what position is the ‘peanut-head’ Maliki going to get in the new government. I certainly hope not one of the vice president’s role. Remember there are three one from each sector, Kurd, Sunni and Shiite)

On Monday, MP Ahmed Al-Dalfi, from the Reconstruction and Development Coalition, revealed the coalition’s share in the upcoming cabinet, stating that the ministries of oil, labor and social affairs, and industry and minerals would be allocated to them.

Al-Dalfi told Shafaq News Agency that “the Reconstruction and Development Coalition will receive 5 ministerial portfolios in the new government, including the ministries of oil, labor and social affairs, and industry and minerals,” indicating that “the other ministries are currently being negotiated to secure them for the coalition.”

Al-Dalfi added that “the head of the coalition, Muhammad Shia al-Sudani, will remain a political leader and head of the Reconstruction and Development Coalition, and will not be a minister in the next government.”

It is noted that the number of ministries in the next government will be 22 portfolios, distributed as follows: 12 ministries for the Coordination Framework forces, 6 ministries for the Sunni blocs, and 4 ministries for the Kurdish parties.

It is worth noting that a political source revealed to Shafaq News Agency a few days ago that the Ministry of Higher Education will be allocated to the Progress Party (which obtained the position of Speaker of Parliament) led by Mohammed al-Halbousi, which holds 27 seats as a major party, while the Azm Alliance, led by Muthanna al-Samarrai, which holds 15 seats, will receive the Ministry of Defense.

Sources also indicated that al-Zaydi will meet with Sunni leaders, including al-Halbousi, because the latter raised the bar for his party’s demands in the government cabinet, which sparked controversy behind the scenes of the political forces, especially with the Sunni ministries file entering the stage of direct negotiation.

Last week, the ruling Shiite coalition forces in Iraq announced the nomination of Ali al-Zidi for the premiership, after al-Sudani and al-Maliki withdrew from the race for the position, in a move that opened the door to a new settlement within the Shiite bloc after weeks of political deadlock over the shape of the next government and the distribution of its sovereign and service positions.

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WASHINGTON WANTS IRAQ’S NEXT PRIME MINISTER TO TAKE “CONCRETE STEPS” TO DISTANCE HIMSELF FROM TEHRAN.

A senior official said the United States is looking for “concrete steps” from Iraqi Prime Minister-designate Ali al-Zaidi to distance the state from pro-Iranian armed groups before resuming financial and security assistance.

Most Iraqi armed groups coalesced under the umbrella of the Popular Mobilization Forces (PMF), established in 2014 to fight the Islamic State, before being integrated into the Iraqi military and becoming part of the armed forces. However, the PMF also includes brigades belonging to Iranian-backed factions that operate independently.

But a senior U.S. State Department official, speaking on condition of anonymity, said Tuesday that al-Zaidi needs to clarify the “blurred line” between the Iraqi state and pro-Iranian groups.

Washington suspended cash payments for oil revenues, which were handled by the Federal Reserve in New York under an agreement dating back to the aftermath of the 2003 US invasion of Iraq, as well as suspending security assistance in the wake of a series of attacks on US interests following the outbreak of war in the Middle East with a US-Israeli attack on Iran.

The official stressed that “the resumption of full support requires first expelling the terrorist militias from all state institutions, cutting off their support from the Iraqi budget, and preventing the payment of salaries to their fighters.”

He added, “These are the concrete measures that will give us confidence and confirm the existence of a new mindset.”

The official stated that US facilities in Iraq have been subjected to more than 600 attacks since the outbreak of war on February 28. The attacks have stopped since the ceasefire agreement between the United States and Iran on April 8, with the exception of Iranian strikes in the Kurdistan region.

The official said, “I do not underestimate the seriousness of the challenge or what it will take to unravel these relationships. It may begin with a clear and unequivocal political statement that terrorist militias are not part of the Iraqi state,” considering that some parties within the Iraqi state “still… provide political, financial and operational cover for these terrorist militias.”

Attacks claimed by armed groups in Iraq have targeted the US embassy in Baghdad, its diplomatic and logistical headquarters at the capital’s airport, and oil fields operated by foreign companies.

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INTERNATIONAL CENTER: IRAQ HAS AN OPPORTUNITY TO ACCELERATE ECONOMIC DIVERSIFICATION EFFORTS

The International Trade Centre (ITC) believes the current phase presents an opportunity to accelerate Iraq’s economic diversification efforts. Eric Bouchot, the ITC’s program director in Iraq, told Al-Sabah newspaper that the closure of the Strait of Hormuz, along with regional developments, this has led to a sharp reduction in oil exports, the sector on which Iraq relies for most of its export revenues, and has also caused significant disruption to imports, including food and basic commodities.

He added that these developments have significant implications for trade and the private sector. On the one hand, the disruption of oil exports leads to a decrease in revenues, increased pressure on liquidity and public finances, and an impact on payments to suppliers. On the other hand, increased import costs and delays in the arrival of goods are likely to restrict companies’ ability to obtain inputs, maintain production, and meet market demand, with small and medium enterprises being particularly exposed to these challenges.

He explained that this crisis highlights the structural weaknesses in the Iraqi economic model, as the heavy reliance on oil exports and the limited trade routes and markets reduce the ability to withstand external shocks.

Bushout noted that at the same time this stage represents an opportunity to accelerate economic diversification efforts by expanding non-oil exports, enhancing local production, and building a more competitive private sector. He considered the development of trade and exports a key element in this transformation, along with financial reforms. He added that strengthening integration into international trade frameworks can support Iraq in building a more flexible, transparent, and rules-based trading environment.

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KURDISH DEMANDS ON THE TABLE FOR THE NEXT GOVERNMENT: OIL, SALARIES, AND ARTICLE 140

Political reactions continue regarding Prime Minister-designate Ali al-Zaidi’s visit to the Kurdistan Region and his meetings with Kurdish leaders in Erbil and Sulaimaniyah. This visit has been described as pivotal in the process of forming the next government, with many emphasizing its importance in solidifying understandings between Baghdad and Erbil.

In this context, Suzan Mansour, a leading figure in the Patriotic Union of Kurdistan (PUK), affirmed that al-Zaidi’s visit represents a “necessary” step to ensure the neutrality of the next government and to strengthen trust among the various political parties.

Mansour told Al-Maalomah News Agency that “Al-Zaidi’s visit to the region sends a reassuring message that the incoming government seeks to maintain impartiality towards all political forces and groups.” She explained that “the issues raised by the region are not new, but rather long-standing demands that require fundamental solutions within the upcoming government program.”

She added that “the most prominent Kurdish demands include securing the salaries of the region’s employees, enacting the oil and gas law, activating Article 140 of the Constitution, and guaranteeing the region’s share of the federal budget.” She pointed out that “raising these issues at this time aims to end the chronic disputes between Baghdad and Erbil and establish common ground for government action.”

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TRUMP INVITES AL-ZAIDI TO VISIT WASHINGTON AFTER THE GOVERNMENT IS FORMED

Prime Minister-designate Ali Faleh Al-Zaidi received a phone call today, Thursday, from the US President, during which he congratulated him on his official appointment to form the new government, and extended an official invitation to him to visit Washington after the government is formed.

The Prime Minister’s Media Office stated in a statement received by Al-Furat News that “the call included a review of the strategic bilateral relations between Iraq and the United States, and ways to develop and strengthen them in various fields.” The statement added that “both sides affirmed their joint work and bilateral cooperation in order to consolidate stability in the region.”

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REPORT URGES TRUMP TO DRAW “RED LINES” AHEAD OF AL-ZAIDI’S RULE OVER IRAQ

A US report urged President Donald Trump’s administration to maintain what it called “red lines” during the process of forming the new Iraqi government, three days after Ali al-Zaidi was tasked with becoming prime minister.

American Conditions

The report issued by the US-based Foundation for Defense of Democracies , and translated by Shafaq News Agency, warned against including figures linked to armed factions or close to Iran in ministerial or senior positions.

The US report warned that forming a government that includes figures close to Tehran could harm the future of Iraqi-American relations, calling on Washington to continue to exert pressure to ensure the formation of a government that is “not subject to the influence of militias” and maintains a balanced relationship between Baghdad and its international partners.

The report stressed that Iraq represents a crucial arena for confronting Iranian influence and illicit financial activities, as well as combating terrorism, emphasizing that achieving this requires an effective partnership with Baghdad without pushing the country towards an economic or military crisis.

He pointed out that assigning businessman Ali al-Zaidi to the premiership does not guarantee that he will actually assume the position, as he still has 30 days to form a government that enjoys the confidence of Parliament, in light of previous experiences in which candidates failed to secure sufficient support, as happened in 2020.

Al-Zaydi was chosen after disagreements within the coordinating framework, as the American report saw that his “limited political experience” contributed to achieving consensus on him, as he was a figure who might be more susceptible to influence by the framework’s leaders.

Financial concerns

The report expressed concern about al-Zaidi’s past affiliations, noting that he served as chairman of the board of directors of the “South Islamic Bank,” which was barred by the Central Bank of Iraq in 2024 from participating in the dollar auction in response to American pressure.

According to the US-based Foundation for Defense of Democracies, Iraq is an important center for financing illicit Iranian activities, through oil smuggling networks that generate – according to estimates – about $1 billion annually for Tehran and its allies, in addition to exploiting the Iraqi financial system to access dollars in various ways.

According to the report, these activities, along with factional attacks during the recent war, prompted Washington to take pressure measures, including reducing dollar shipments to Iraq and imposing sanctions on faction leaders, as well as offering financial rewards for information about some of them.

Factional challenge

The report stressed that any new prime minister, especially if he came to power with the support of forces close to Iran, would not be able to confront the armed factions on his own, without direct American pressure.

He noted that these factions emerged from the last war – the February 28 war between the United States and Israel against Iran – “more daring,” citing the participation of their leaders in high-level political meetings despite some of them being on US terrorism lists.

The report concluded that the (current) Iraqi government has not taken any decisive steps to deter attacks targeting American diplomatic and military facilities, but has allowed factions to respond to American strikes, thus giving them “implicit legitimacy” to operate outside the framework of the state.

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MP: THIS YEAR’S BUDGET IS A PRIORITY FOR THE NEXT GOVERNMENT


Member of Parliament, Miqdad al-Khafaji, confirmed on Thursday that the current financial and economic crises necessitate expediting the completion of the general budget, indicating that this file will be at the top of the agenda of the next government as soon as it is formed.

Al-Khafaji stated to Al-Maalomah News Agency that “the exceptional circumstances the country is experiencing and the worsening financial crisis necessitate close coordination between the Council of Ministers and the Parliament to ensure the passage of the budget law for the remainder of this year.”


He added that “the incoming government will, immediately after gaining confidence, begin preparing the budget schedules and drafting its articles to align with the scale of the economic challenges,” emphasizing the need to resolve the issue to secure salaries and the completion of stalled service projects.

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THE CENTRAL BANK GOVERNOR PARTICIPATES IN THE SIN DIALOGUE FORUM

(Mnt Goat: When the CBI talks, I listen….)

Under the slogan “Solutions are born and plans are formulated from the heart of crises,” the Sin Dialogue Forum organized a dialogue session that hosted His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, with broad participation from decision-makers, experts, and specialists in various sectors. The session, titled “From Restricted Rent to Renewable Production: Iraq’s Path Towards a Sustainable and Renewable Economy,” focused on the transition towards a diversified and sustainable economy and reducing reliance on rentier resources. It also presented visions for enhancing national production and revitalizing various economic sectors. 

His Excellency the Governor stated that the Central Bank is working to achieve economic and financial stability, despite the challenges facing the country, emphasizing that salaries are guaranteed and will not be interrupted, indicating the financial system’s ability to continue operating.

He explained that the Central Bank has adopted a policy of “working quietly” to preserve monetary reserves and confront crises, including the repercussions of declining oil prices. He recalled the Central Bank’s role during the 2014 crisis, adding that the current financial situation is less severe compared to that period, and that foreign transfers and cash sales to travelers are proceeding smoothly and efficiently.


His Excellency pointed out that the bank continues to support the government in addressing the accumulated financial imbalances resulting from the crises of past years, explaining that it has worked to regulate dollar sales and foreign transfers according to strict compliance standards, with the aim of enhancing transparency and financial stability in Iraq.


Central Bank of Iraq, 
Media Office, 
May 2, 2026

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THE PRIME MINISTER-DESIGNATE ARRIVES IN KURDISTAN ACCOMPANIED BY A DELEGATION FROM THE COORDINATION FRAMEWORK

Baghdad/Al-Masalla: Prime Minister-designate Ali Faleh Al-Zaidi arrived in the Kurdistan Region on Saturday, accompanied by a delegation from the Coordination Framework.

The media office of the Prime Minister said in a statement received by Al-Masalla that the Prime Minister-designate, Ali Falih al-Zaidi, arrived in the Kurdistan Region of Iraq, accompanied by a delegation from the coordination framework.

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AL-ZAIDI AND BARZANI EMPHASIZE THE NEED TO FORM A STRONG GOVERNMENT CAPABLE OF FACING CHALLENGES.

Baghdad/Al-Masalla: Prime Minister-designate Ali Faleh al-Zaidi and Kurdistan Democratic Party leader Masoud Barzani stressed on Saturday the importance of unifying visions and positions and working to form a strong government capable of facing challenges and overcoming crises.

A statement issued by the Prime Minister’s Media Office said that Prime Minister-designate Ali Faleh al-Zaidi met with Kurdistan Democratic Party leader Masoud Barzani in Erbil, in the presence of a delegation from the Coordination Framework.

The statement added that the meeting reviewed the overall situation in the country and the course of dialogues to form the new government, where the importance of unifying visions and positions and working to form a strong government capable of facing challenges and overcoming crises was emphasized, in a way that contributes to strengthening stability and development, and achieving the aspirations of all the people of Iraq.

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NEXT WEEK IS CRUCIAL FOR PASSING AL-ZAIDI’S GOVERNMENT, EVEN WITH A SIMPLE MAJORITY, AND THERE IS OPTIMISM ABOUT ITS ECONOMIC SUCCESS

MP Murtadha al-Ibrahimi stated that he believes the government will proceed next week, even if it only secures a simple majority (half plus one) with the current 23 ministries.
Speaking to Al-Mirbad during his appearance on the “Al-Mutabi” program, al-Ibrahimi said that al-Zidi was the Coordination Framework’s choice as a compromise candidate and received unanimous support. This, he explained, gives him national momentum, followed by international endorsements, which he sees as a positive indicator for his government.

Al-Ibrahimi predicted that al-Zidi will succeed in managing the country and is capable of leading the next phase, which he believes will be primarily economic.

Regarding his approach to dealing with factions and consolidating weapons under state control, al-Ibrahimi acknowledged the challenges of the internal situation. However, he believes that with the cooperation of all political forces, in coordination with international and regional actors, and considering the shared interests that bind Iraq to other countries in the region, there are all indicators pointing towards the success of al-Zidi’s government. He added that the ministerial program currently being drafted will be the effective solution for addressing the Iraqi situation.

Al-Ibrahimi further stated that, to date, the distribution of ministries has not been discussed as much as the process of establishing a mechanism or criteria for allocating sovereign and other ministries based on electoral merit and parliamentary representation.


He indicated that they are optimistic about the government of Ali Faleh al-Zaidi amidst all the internal, regional and international welcome, and this requires support to make his government a success so that he and his cabinet can reach the shore of safety with the Iraqi people, according to al-Ibrahimi’s expression.

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ECONOMIST: FEDERAL RESERVE TRANSFERS BOOST CENTRAL BANK RESERVES AND SUPPORT EXCHANGE RATE STABILITY

Economic expert Salah Nouri said on Sunday that the arrival of installments of Iraqi funds from the US Federal Reserve directly impacts cash liquidity and the Central Bank’s reserves, noting the effect of this on the stability of the exchange rate. Nouri told Al-Furat News Agency that “the arrival of a batch of Iraqi funds from the US Federal Reserve enhances the cash liquidity of the Ministry of Finance, as the ministry sells dollars to the Central Bank of Iraq.”

He added that “the Central Bank’s receipt of quantities of dollars strengthens its foreign reserves, which increases its ability to provide dollars for travel purposes, especially for pilgrims, medical treatment and studying abroad, in addition to meeting the needs of traders through external transfers,” indicating that “this contributes to reducing the demand for dollars in the parallel market, which may lead to a decrease in the exchange rate.”

He noted that “the aforementioned exchange operations depend on the size of the amounts transferred from the US Federal Reserve.”

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SALEH’S APPEARANCE: THE STABILITY OF THE PARALLEL MARKET IS LINKED TO THE MANAGEMENT OF MONETARY POLICY AND THE AVAILABILITY OF DOLLARS.

(Remember when you read this that the CBI does not support a parallel market but recognizes it does exist and wants to end it. It is an illegal backdoor for the dollars. The CBI should be the only source and regulate the dollar.)

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, presented today, Sunday, a brief analysis of the factors affecting the stability of the parallel exchange market in Iraq.

Saleh explained to Al-Furat News Agency that “the stability of the parallel market is affected by a number of direct and indirect factors, foremost among them the management of monetary policy and the efficiency of the supply and demand channels for foreign currency.”

He explained that “the direct monetary factor is represented by providing cash dollars through official channels, which contributes to easing the pressure on the parallel market, reducing the supply gap and limiting speculation, while providing a stability signal that reduces the impact of rumors.”

He noted that “the continued cooperation of the Federal Reserve Bank of New York in facilitating cash dollar flows is an important factor that enhances market confidence and limits price volatility.”

He added that “the indirect factor is related to the stability of the general price level, as modern distribution channels, including cooperative hypermarkets, have contributed to supporting the stability of basic commodities and reducing the impact of imported inflation.”

He added that “financing foreign trade at the official rate of (1320 dinars/dollar) has absorbed more than 90% of the real demand for dollars and reduced pressure on the parallel market.”

Saleh concluded his analysis by emphasizing that “market stability requires an integrated package that includes liquidity management, controlling official demand, enhancing confidence in monetary institutions, and developing the commercial infrastructure, while continuing to supply cash dollars according to the plans of the Central Bank and the Federal Reserve to meet the needs of the local market.”

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WILL A SUPPLEMENTARY BUDGET BE APPROVED THIS YEAR? THE PARLIAMENTARY FINANCE COMMITTEE CLARIFIES.

Jamal Kojar, a member of the parliamentary finance committee, confirmed that it is possible for the new cabinet to submit a supplementary budget project during the current year, explaining that the Financial Management Law allows the government to send more than one budget during the same year.

Kujer told Al-Furat News Agency that: “What is known as the second or supplementary budget is usually sent in the second half of the year, which means there is a possibility of sending it during the second half of the current year.”

He pointed out that “this budget was supposed to be ready as a draft project from the previous government, and the prime minister-designate could choose to amend it and add his imprint according to his government program or send it as is.”

Kujer also stated that “among the options being considered are resorting to spending according to the 1/12 rule or enacting a new law similar to the Emergency Food Security Support Law.”

An informed source told Al-Furat News Agency that Prime Minister-designate Ali Falih al-Zaidi is likely to present his cabinet within ten days, and not exceed the constitutional deadline. 

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CUSTOMS AUTOMATION HALVES DEMAND FOR DOLLARS: AN ECONOMIST REVEALS A RADICAL SHIFT IN IRAQ’S FOREIGN REMITTANCES.

Iraqi economist Manar Al-Obaidi revealed a radical shift in Iraq’s foreign transfer balance during the first quarter of 2026, stressing that the implementation of the ASYCUDA customs automation system directly contributed to curbing what he described as the “financial bleeding” that accompanied import operations and international transfers for years.

Al-Obaidi explained, based on recent data, that the Central Bank of Iraq’s sales of foreign currency recorded a sharp and unprecedented decline, reaching about $10 billion during the first quarter of 2026, compared to much higher levels in previous periods. He explained that the annual comparison shows a decline of 50% compared to the first quarter of 2025, while the quarterly comparison recorded a decrease of 49% compared to the fourth quarter of 2025, in which sales amounted to about $21 billion, reflecting a clear gap in the volume of spending on hard currency.

Al-Obaidi stressed that this decrease does not reflect an economic recession, but rather represents a direct result of strengthening financial control tools, noting that the ASYCUDA system, along with the Advance Send system, played a pivotal role in reducing invoice inflation and preventing the submission of fake or overvalued import documents to obtain dollars.

He added that these systems also contributed to controlling the import movement by linking financial transfers to the actual goods entering the country, as well as monitoring re-exported goods and closing loopholes that were being exploited in money laundering or currency smuggling operations under the guise of commercial activity.

Al-Obaidi described the reliance on these digital systems as a “strategic achievement” for Iraqi fiscal policy, noting that it succeeded in a short period in reducing the demand for the dollar by half, which enhances the stability of the national currency and gives the Central Bank greater flexibility in managing cash reserves with higher efficiency.

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FROM GUNS TO OFFICES: QUIET ARRANGEMENTS RESHAPE THE ROLE OF FACTIONS.

STOP PROVOKING TRUMP UNTIL A SATISFACTORY SETTLEMENT IS REACHED
In a development suggesting arrangements extending beyond domestic concerns, sources familiar with the behind-the-scenes negotiations last month revealed what they described as a “major surprise” regarding a covert Iranian role in managing the formation of the new government.

This role, they claim, was achieved through a carefully crafted plan designed to be implemented “without raising a fuss.” Information obtained by Al-Mada from both Shia and Sunni sources indicates that this plan significantly contributed to resolving the conflict between Nouri al-Maliki and Mohammed Shia al-Sudani, paving the way for a compromise candidate. Meanwhile, the silence of armed factions and the so-called “axis of resistance” raises significant questions, amidst a sarcastic description circulating about the anticipated government as “a Trump-esque government.”

The story begins with a silent visit and decisive messages.
The roots of these developments trace back to mid-April when Ismail Qaani, commander of the Quds Force of the Iranian Revolutionary Guard, arrived in Baghdad for an unannounced visit—his first since the recent confrontation with the United States.
The visit, which was only revealed two days after his departure, came at a time when the “Coordination Framework” was mired in a political deadlock that had lasted for more than 160 days, without reaching an agreement on the name of the prime minister.

According to informed sources, Qaani held a series of meetings with key figures both within and outside the “Framework,” warning of “real dangers that could lead to the loss of military privileges” within Iraq, and indicating the need to move to an “alternative plan.”
Signs of the success of the Iranian intervention emerged, despite what was being circulated in political circles about its failure, after the Coordination Framework, for the first time in the last two weeks of the government formation deadline, managed to hold a decisive meeting
and agree on a consensus candidate.

It was noteworthy that Iran intensified its attention to its allies at what was considered the worst possible time, as the Iranian regime was experiencing unprecedented shocks due to the repercussions of the recent war. This was interpreted at the time, according to observers, as evidence that Iran would not abandon Iraq and would continue to cling to its pivotal role in the equations of regional influence.
The Grand Settlement”: From Threat to Repositioning.
Sources reveal that what was proposed was not entirely new, but rather a revival of the “Grand Settlement” plan that has been circulating since early 2025 – with some modifications – amid expectations of a US escalation against Iran’s proxies in the region.
This settlement, when it was proposed less than a year ago, included two phases:

The first (current): reducing tensions with Washington by ending the role of “rebel factions” in exchange for maintaining the Popular Mobilization Forces (PMF) within the framework of the state.

The second (postponed): integrating the PMF into official security institutions, should the first phase fail.

The “rebel factions” include groups such as Kataib Hezbollah, Harakat al-Nujaba, and Kataib Sayyid al-Shuhada, which, according to the description, do not adhere to the official PMF line of avoiding regional interventions.
Without Raising a Dust”: The Strategy of Quiet Infiltration.
According to the sources, the most prominent shift in the Iranian approach is the move from a direct military presence to consolidating influence through political and civil channels.
This strategy is based on: infiltrating governmental, diplomatic and security institutions, reducing overt military activities and avoiding any direct provocation of Washington.
In both phases, senior positions within the Popular Mobilization Forces (PMF) appear to be a crucial bargaining chip, granting the parties involved additional leverage at the negotiating table. Simultaneously, they provide an alternative to compensate for positions that might be relinquished as part of the “settlement” arrangements, while ensuring the retention of significant influence within political decision-making centers.

The disarmament of factions could also be announced “symbolicly,” as no official declaration has yet been made regarding the handover of weapons by the four factions that announced their disarmament five months ago. This is despite ongoing debate about the viability of this approach, particularly given concerns that some of these weapons might be transferred to or redeployed within the PMF, where some of these factions wield considerable influence.
In the same vein, Iran, according to circulating information, anticipates that Donald Trump’s popularity may decline in the midterm elections scheduled for later this year. This could limit Washington’s ability to intensify pressure on Tehran and, according to these assessments, restore greater influence to its allies in the region.
This shift, according to observers, explains the unusual silence of the factions regarding Donald Trump’s statements supporting the nomination of Ali al-Zaidi, which included a call for the formation of a government “free from terrorism.”
However, this American demand appeared, in the view of observers, to be inconsistent with the balance of power on the ground, especially since these groups hold at least 80 seats in parliament and have only effectively lost the position of deputy speaker, a post that does not carry decisive weight in the power-sharing equation.
Meanwhile
, questions are mounting about the nature of al-Zaidi’s selection, a businessman not widely known politically.

Leaders within the “Coordination Framework” assert that the man is “supported by everyone” and “has no political father,” a description seen as an advantage that allows for the distribution of influence without imposing a direct political cost on any party.
But informed sources indicate that this choice may be temporary, part of a plan aimed at: absorbing internal conflict, buying time, and awaiting the outcome of understandings with Washington.
Reports suggest that al-Zaidi might be dropped later, after the regional and international storm subsides.
Othman al-Shibani, a member of parliament from the State of Law Coalition, stated that Ali al-Zaidi attended more than 30 meetings with the Coordination Framework months before his name was officially put forward. He also noted that al-Zaidi participated in sessions within the parliament, explaining that he possesses a “distinguished economic mind.”

These remarks appear to be intended to provide political context for Ali al-Zaidi, emphasizing that his involvement was not sudden or spontaneous, but rather preceded by numerous participations and meetings within the Coordination Framework. This refutes the notion that

his nomination was a surprise.
Despite the apparent calm from armed groups regarding the government formation process, political assessments indicate that the next government may be the most factional in terms of representation within the executive branch. This representation will likely be achieved through the appointment of “front men” for the factions and “unknown figures,” with service and production ministries being allocated to these factions as part of a settlement to politically contain them.
To date, Ali al-Zaidi has not announced a clear position on the issue of armed factions’ participation in the government, although this file is likely to become his most sensitive test, given the escalating American pressure to exclude these groups from the governing equation and readjust the balance of power within the state.

Political circles are circulating names associated with ministries such as Agriculture and Communications, amidst a power struggle between various factional and political parties, some of which are subject to American sanctions or prosecutions. Some
political circles believe that granting service or production ministries to the factions could be part of a settlement aimed at keeping them within the political process and reducing the likelihood of security escalation. However, this approach puts al-Zaidi’s government to an early test, given Washington’s requirement for a cabinet “free of terrorism.”
Meanwhile
, the United States has not yet taken decisive practical steps to support the formation of the new government, aside from limited signals from US President Donald Trump, in addition to the continued freezing of some dollar shipments, according to diplomatic sources speaking to Al-

Mada.
Observers believe the current phase represents a dual test: internally, to gauge the incoming government’s ability to manage the balance of power among the various factions, and externally, to assess its commitment to the conditions related to reducing Iranian influence.
In this context, former MP and independent politician Mithal al-Alusi revealed information suggesting the “reshuffling of figures close to Iran” within Iraq during this new political phase.
Al-Alusi warned against these developments, arguing that they could lead to the reactivation of influence networks extending both inside and outside Iraq, potentially contributing to renewed tensions in multiple regional arenas.
Ultimately, the selection of Ali al-Zaidi does not appear to resolve the existing political conflict. Informed sources indicate that the new government, if formed, will be merely the product of a fragile compromise based on a temporary truce among Shia forces and a less confrontational Iranian repositioning.

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CHEVRON IS NEGOTIATING FOR HUGE OIL FIELDS IN IRAQ AS AN ALTERNATIVE TO RUSSIAN COMPANIES.

A report by the oil and energy website Motley Fool, published Monday, confirmed that oil giant Chevron is steadily becoming a major player in Iraq, a move that could attract long-term investors.

The report, translated by Al-Maalomah News Agency, stated that “the ongoing US-Israeli conflict continues to compel investors to closely monitor oil price news, while simultaneously propelling the energy sector to the forefront of the S&P 500 index. Conflict in the Middle East often leads to a surge in oil company stocks.”

The report added that “shares of oil giant Chevron have risen by 25.11 percent since the beginning of the year, partly due to the conflict in Iran, as well as expectations of a resumption of Venezuelan oil production following the departure of former President Nicolas Maduro.”

It continued, “The company has also acquired two oil fields in Iraq, which could provide a long-term boost to Chevron’s stock. It is perhaps to Chevron’s credit that it is not overestimating its opportunities in Iraq. Currently, the Middle East, as a region rather than a single country, represents only 5 percent of the company’s total production.”

Experienced investors in traditional energy stocks, including Chevron, understand that the lifeblood of the oil industry’s exploration and production sector lies in discovering new reserves. After all, no oil field provides an unlimited supply of barrels.

The report noted that “in Iraq, Chevron is achieving a significant milestone in this area. The West Qurna-2 oil field, where Chevron is replacing a Russian competitor, is estimated to hold approximately 13 billion barrels, representing 10 percent of Iraq’s total production. The Nasiriyah oil field, where Chevron is replacing another Russian company, is smaller than the other two, but still highly significant due to its estimated recoverable reserves of approximately 4.36 billion barrels.”

The report emphasized that “Russia is a major supplier of crude oil to China, and with Chevron’s entry into Iraq, China may be forced to replace some of the crude oil it previously purchased from the Kremlin. The White House is likely quite receptive to this scenario, suggesting that Chevron’s projects in Iraq may receive long-term support.” The term of the US government.

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IRAQ BEGINS IMPLEMENTING THE TIR INTERNATIONAL TRANSPORT SYSTEM

The Ministry of Transport – General Company for Land Transport issued TIR Carnets on Tuesday, opening new horizons for international trade from Iraq. A statement from the Ministry , received by Al-Maalomah News Agency, indicated that “the Ministry of Transport – General Company for Land Transport, as the local guarantor of the TIR Convention in Iraq, has issued TIR Carnets to licensed companies.” The statement explained that “this significant step aims to activate Iraqi exports and enhance the smooth flow of goods across international borders in accordance with internationally recognized standards.”

It added, “The issuance of TIR Carnets represents a practical launch for implementing the multi-country transport system, enabling Iraqi companies to transport their goods from within Iraq to various countries participating in the agreement, without the need for complex customs procedures at intermediate border crossings. This contributes to reducing time and costs and increasing the efficiency of logistical operations.”

He pointed out that “the TIR card includes comprehensive identification information, including carrier data, entry and departure points, route, as well as shipment details and container number, thus ensuring the tracking and security of goods within a unified international legal framework. This has a positive impact on stimulating the national economy and enhancing the confidence of international partners in the Iraqi transport sector.”

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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1,574 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.

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    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

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      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.

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  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.

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  30. Hi Roger:

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

    Take care – Gavin

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  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

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    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

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  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.

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  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

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      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.

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      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.

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  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)

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    1. Thanks Roger.

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

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  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.

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  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?

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  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.

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  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

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  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

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