Latest Mnt Goat Newsletter

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

ABOUT THE NEWSLETTER:

April 9, 2026 Mnt Goat News Brief

Guten Tag everyone:

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

GIVE A GIFT TO MNT GOAT

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

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

 Let’s all try to chip in!

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Proverbs 3:27

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

STATUS OF THE RV

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

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

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

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

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

More good news….

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

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

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

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

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

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

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

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

Now with the bad news….

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

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

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

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

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

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

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

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

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

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

What do you think will happen next?

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

Leave a comment

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

                                             Just the FACTS!

PRAYING WITH SINCERITY

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

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

                                         

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

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

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

Prophetic Words from prophet:  Julie Green

Prophetic Words from prophet:  Julie Green

  “A Great Shaking Spiritually In The Whitehouse Is Coming”

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

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

PROPHECIES FULLFILLED

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

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

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

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

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

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

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

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

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

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

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

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

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

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

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

What is the DOJ waiting for?

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

TRUMP MOVES TO SHUTTER NATO BASES IN EUROPE

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

LET NATO DIE ON THE VINE

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

Phoenix Rising?

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

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

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

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

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

AMERICA HAD NO INCOME TAX UNTIL 1913 —

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

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

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

WE’VE KNOWN ABOUT THIS LIE FOR EIGHT YEARS

Why haven’t the prosecutions happen yet?

WHY IS REAL JOURNALISM SO HARD THESE DAYS?

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

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

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

THE DISTURBING LOGIC OF THE LEFTIST

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

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

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

What the heck!

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

Get’em out of our country!

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

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

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

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

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

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

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

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

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

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

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

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

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

Burathanews.com

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

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

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

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

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

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

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4 REASONS BEHIND THE STABILITY OF EXCHANGE RATES IN IRAQ

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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FINANCIAL ADVISOR WARNS: LACK OF BUDGET HINDERS ECONOMIC REFORMS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

                                             Just the FACTS!

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

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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

1,520 thoughts on “Latest Mnt Goat Newsletter

  1. Breaking news from iraqi television!! The budget for 2024 has been approved in the House of Representatives.

    Prime minister Muhammed Shia Al Sudani on television commenting the approval.

    According to the news from Iraq the budget now needs a new rate.

    Liked by 1 person

  2. Hi MG, I read your example of the project to delete the zeros is supposedly to work, if I am reading what you describe correctly they will replace the 25K notes with 25 notes of equal value, essentially a LOP, and also from the exchange rate, but that does not solve the problem of current prices of goods, for example a loaf of bread let’s say is priced in the market for 25k for the sake of argument, if they make the 25k note equal to a 25 note, the price of the bread is still 25k, how do they plan to overcome this new difference?

    Like

  3. From Iraqi news article Wednesday June 5

    Member of the Parliamentary Integry Committee Hadi Al-Salami revealed Tuesday that about

    57 trillion iraqi dinars remain from the 2023 budget. And no one knows where it went.

    —————

    Meanwhile the approved 2024 budget has now been sent directly to The Gazette. It will most certainly become law on Saturday June 8.

    But due to the disappearing of 57 trillion dinars from the 2023 budget we will not see the new rate anytime soon. Prime minister Muhammed Shia Al-Sudani will most certainly not allow the new rate to be released until the lost 57 trillions dinars have been recovered.

    The 2024 budget will then continue with the rate of 1310 and will be a so called operational budget so the government can continue to function.

    Let´s hope that PM Sudani recovers the lost 57 trillion this week.

    Like

  4. It would be amazing to see a 100 IQD per $1 drop in Iraqi parallel rate in the coming days!! Which would hopefully trigger, with adequate time deemed sufficient by the CBI of course, release and execution of educational programs for citizens and the adjustment of the official rate towards more official value, and adjustment of the price of goods and services within Iraq, which would be slight , if any at all, at an initial revaluation at 1000 IQD : $1. Later, after another evaluation period if the CBI deems it beneficial for Iraq , if there is a more significant revaluation per our hopes and dreams to 1:1 then prices change significantly and imports are tremendously cheaper – for instances- a $2 coke is now 2 IQD cost to an importer instead of 2000 IQD. And we crack open the champagne dancing in the street, but still wait eagerly for FOREX. Is my thinking on track Mtn Goat? June 6 newsletter was very exciting for me thank you!! So , given the time needed for several more CBI evaluation periods it word be surprising to see IQD traded on FOREX within a couple months for any earliest expectation in my mind.

    Like

  5. MG, if the budget is based on $70.00 p/b price and the price of oil drops below $70.00. Will Iraq have to dip into their reserves to make up the difference between $70. and let’s say for argument sake $65? Won’t this deplete their reserves? If they deplete their reserves to much will they have to decrease the value of the Dinr instead of increase the value?

    Liked by 1 person

    1. I believe that every country can incur debt if it is necessary in the short term. In addition, if oil were to drop, you forget there are other resources that can fill that gap. I’d worry less about a small drop oil price, and focus more on the overall economy of Iraq.

      Like

  6. Thank you Mountain Goat for all your hard work in bringing us the best information.
    At which part of this process will be the last point we can purchase Dinar? I’m awaiting some funds and am really on edge not knowing how long I have before it is too late.

    Like

  7. Hello, it seems to me that the recent spike in the parallel rate is directly related to the recent removal of the 197 businesses from the electronic system. I’m curious to the CBI/GOI plan for dealing with these companies. How much leash will be afforded those companies to comply or be shuttered so as to take remove their effect on the parallel market? You can see the cause and effect, I imagine the GOI would take quick action. I’m just wondering how long so as to stay the course. After all this was an unexpected anomaly. As we near the end of this ride, I think it’s just a good question to inquire about.

    Like

    1. spike? Looks like holding steady at 1450 +- ? There was a rumor of dropping to 1420 last week, but that was never corroborated with redundant reports.
      Don’t worry, Iraq is de-dollarized. Also Iraq is trading with numerous countries, neighbors and others in their national currencies, demonstrating sovereignty and international acceptance of the dinar. Be patient , Iraq is moving forward, – refineries, new cities, Silk Road, big port Al Faw, fleet of tankers being built, border customs revenue, military development, gas capture and use, factories revamping , agriculture developing, water coming in from turkey, oil pipe lines negotiations in the works, money budgeted being released, war and isis terrorism having no effect on stability and security and lately no more tit for tat bombings between USA and iran. Sudani is diplomatically taking a stand to live with Iran as a neighbor. It’s looking good, Iraq needs the purchasing power and can afford it, opec not standing in the way of increased oil production pushing to 5 million barrels a day and new lakes of oil recently announced as HUGE. Iraq is already independent on gasoline and on Line to be an exporter soon, natural gas too. Pipelines already there for supply to refineries as well as export to neighboring countries. Iraq on the very precipice of WTO ascension. PLUS Mtn Goat has shared inside info on CBI monetary education being released IN THE COMING DAYS.

      Liked by 2 people

      1. Yes, I understand all of that. My observation was since the direct action by the CBI concerning these 197 companies directly correlated the sudden rise in the parallel market, what action was the CBI and GOI going to take to correct that trend. Today the market rate dropped to 1467-1470 at the open. https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D9%81%D9%8A-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D8%A7%D8%B1%D8%A8%D9%8A%D9%84

        I expect this investment to conclude in the short term, but this seems to be an unexpected move by the CBI so I was curious.

        Like

      2. I might add in retrospect, it might be more important to have installed to the required international tools that can be fully realized once Iraq is fully international, thus it might not be a real concern. Here is another report that tackles the idea:

        An economist identifies two ways for the dollar to approach the official Iraqi price

        Economic affairs researcher, Mahmoud Dagher, said that the decline in the exchange rates of the dollar against the dinar is currently temporary, while he identified two paths to reach the official price.

        Dagher said, “The decline in the exchange rates of the dollar against the dinar in Iraq is temporary at the present time.”

        He added, “Stabilizing the exchange rate towards the target requires a long time,” adding, “There is no information about sanctions for new banks, but the possibilities are possible.”

        Dagher stressed, “The price of the dollar against the Iraqi dinar will reach the official price, once all Iraqi border crossings are controlled and unified fees are imposed. Otherwise, it will be difficult to stabilize the exchange rate.

        https://www.sotaliraq.com/2024/06/09/اقتصادي-يحدد-طريقين-لإقتراب-الدولار-إ/?__cf_chl_tk=.c9_IPI2CZ06DSSj7CTp4kuAU9Khrm77SLAg67QbYjM-1717960317-0.0.1.1-4415

        Being in this investment for 20 yrs. I have all the documents dated from 2001, From the US State Dept, before a current banknote was ever printed, that declare the plan to restore Iraq’s dinar to its $3.00 plus status. You could almost refer to it as a “Holy Grail” of this investment.

        Liked by 1 person

      3. i am so tired of that pesky illegal parallel black market rate. Come on Sudani, throw those black market criminals in jail already and make an example of those that defy your goals for Iraq. Out of the issue actually a ruse to stall for time to make preparations, or at the black market criminals untouchable Iranian bankers? I just wish Sudani would CRUSH THEM!!

        Like

  8. Recent bulletins from iraqi television:

    The Investment Law will soon be passed

    A pre-recorded announcement was aired on iraqi television yesterday by prime minister Muhammed Shia Al Sudani. It was recorded at the end of April after his return from USA:

    “we will see a significant change in the exchange rate this year”!!

    I can also reveal that photos of the new small category notes will very soon be published in news articles along with detailed description of the notes.

    More pre-recorded videos will soon be shown on iraqi television.

    Iraq has now entered the last and third phase of the monetary reform.

    Liked by 2 people

  9. MG,

    Do you believe that there is a chance that we will need to travel abroad from the USA to exchange our 3 zero notes for the new lower denominations. ? Is this a real possibility ? Is it possible that our 3 zero notes will be obsolete after a short period of time ? Thanks, woldopep

    Like

  10. Great news from Iraq: Rafidain Bank has announced the start of deploying ATM machines in its main branches, institutions, commercial areas and malls.

    These brand new ATM machines are state of the art and have the new software for the new small cateogory notes. Logically these new ATM machines will be loaded with the lower notes later on.

    Pictures of the new small category notes have still not been published in articles.

    PM Al Sudani made an announcement this week on iraqi television that there will be a significant change in the exchange rate THIS YEAR. Will CBI release the lower notes in JUNE?

    Liked by 1 person

  11. with all due respect mountain goat believe your math is flawed, if it cost them 6.5 billion dinar, which is 4.9 billion dollars then it would be 4.9 ÷ 6.5 which = .75, that’s if there wasn’t a typo on the billions in dinar, instead of trillions, if was 6.5 trillion then the exchange rate would still be 1/6 of a penny, but even .75 would be a good start

    Like

  12. with all due respect mountain goat but I believe your math might be flawed, if accurate that it will cost them 6.5 billion dinar which they say is 4.9 billion dollars then it should be 4.9 ÷ 6.5 which equals $.75 which is still a good start, that’s if there wasn’t a typo in the dinar from trillions to billions which would be 4.9 billion dollars ÷ 6.5 trillion dinar which would be .00069, so no change, if there was a typo, just saying

    Like

  13. Considering your excitement displayed Tuesday looking forward to your contact call for Wednesday, I noticed as all others, Thursday’s report was absent of any such detail just a cryptic reference to the 2016 Delete the Zeros report. Either you were not able to speak to your contact for whatever reason or, you did and were prevented from making the info public. Perhaps the reference to the 2016 report was foreshadowing and at the same time not betraying a confidence. See all the fun one can have with speculation?

    Like

    1. Or, maybe she is running her B&B and needs more time to gather the details into her newsletter. ‘Appreciation Day’ is common, and those of us who have followed her for years know this.

      MG stated that she spoke with her CB contact and because she isn’t known to be a liar, why imply that maybe she hasn’t?

      She tells us often to be patient. When ‘Appreciation Day’ rolls around, many of us already know that the newsletter won’t have all the details AT THAT TIME. We know to circle back.

      And yes, when she speaks to her CBI contact, we also know that every word within the conversation, won’t be revealed to us. MG has always made this clear to her supporters.

      Like

  14. Again your amazing,

    The report re: Dangerous Times is concerning, very concerning. Also, Thanks for your example re: trusts and tax info. I am hopeful that you have brought this type of information. But I still can’t tell, do we chill the Champagne? All I can see that is needed is, Oil and Gas law, delete the zeros, Forex and Biden out of office, he is mentally and he has taken many falls. I mean no disrespect to the President. These are facts. Personally, I think he is a dangerous puppet and should be tried for txxxn. MAGA. Is June still possible.

    Thanks,

    Suki

    Like

  15. Plus, you said, in your full report, that we may not hear from you soon, whaaaa(but yay)aaa.

    I will truly miss you

    Suki

    Like

  16. With regards to ” WILL YOU BE TAXED ON YOUR EXCHANGE OF CURRENCY? ” it appears that $200 is the threshold number for determining if one pays tax on a currency exchange gain for those in the U.S. or Canada.

    1) For the U.S.:

    Does an Individual Have to Compute Gains on a Foreign Currency Transaction?

    Exchange gain of an individual from the disposition of foreign currency in a personal transaction is not taxable, provided that the gain realized does not exceed $200. This simplification measure is intended to eliminate an individual’s obligation to compute and report gains arising from exchanges of currency that are small in amount and that are associated with personal and business travel, as well as other non-business activities.

    The term “personal transaction” refers to any transaction other than one with respect to which properly allocable expenses are deductible as trade or business expenses or expenses incurred in the production of income (other than expenses incurred in connection with taxes). It also refers to an individual’s currency exchange transactions that are entered into in connection with business travel. The rules under section 988 apply to the extent that transactions entered into by an individual that are not personal transactions, i.e., transactions where the expenses attributable to the transactions would be deductible as a trade or business expense or expense for the production of income. “

    https://answerconnect.cch.com/document/arp10305c27d27c571000859b90b11c18cbab044/federal/irc/explanation/does-an-individual-have-to-compute-gains-on-a-foreign-currency-transaction

    2) For Canada:

    ” Foreign currencies

    Foreign exchange gains or losses from capital transactions of foreign currencies (that is money) are considered to be capital gains or losses. However, you only have to report the amount of your net gain or loss for the year that is more than $200. If the net amount is $200 or less, there is no capital gain or loss and you do not have to report it on your income tax and benefit return.

    Report your net gain or loss in Canadian dollars. In general, the foreign currency amount should be converted using the Bank of Canada exchange rate in effect on the day of the transaction.

    Alternatively, the CRA will also generally accept a rate for that day from another source if it is:

    • widely available
    • verifiable
    • published by an independent provider on an ongoing basis
    • recognized by the market
    • used in accordance with well-accepted business principles
    • used to prepare financial statements (if any)
    • used regularly from year to year 

    Other sources that the CRA would generally accept include rates from Bloomberg L.P., Thomson Reuters Corporation and OANDA Corporation. In certain circumstances described in the Income Tax Folio S5-F4-C1, Income Tax Reporting Currency, an average rate may be used to convert foreign currency amounts. Also refer to that Folio for more information about this or converting foreign amounts generally. “

    https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/completing-schedule-3/bonds-debentures-promissory-notes-other-similar-properties/foreign-currencies.html

    TC

    Like

  17. TV reporter on iraqi television standing at an ATM explaning how these new state of the art ATM machines work.These brand new ATM machines have now been installed all over Iraq including Kurdistan region.

    Still no articles showing the new lower denominations have been published.

    I very much doubt that we will see the reinstatement in June.

    A new speaker of the House has still not been presented. This is necessary for the Hydro Carbon Law to be passed.

    We also have a looming war in Middle East. The daily fights between Israel and Hizbollah in Lebanon could soon escalate to an all out war.

    I really hope prime minister Muhammed Shia Al Sudani soon speeds up the reinstatement process in Iraq and release the new exchange rate no later than June 30

    An all out war in Middle East could delay the reinstatement for a very long time.

    Liked by 1 person

  18. For US tax purposes, only American currency counts as “money”. The currency of other countries – and non-state currency like Bitcoin – is considered “property” like a house or a piece of land. If you sell property and have a gain it is taxable however, the tax rate depends upon how long you’ve held such property. If longer than 12 months such a gain is taxed at a lower rate.

    IRS publication 525 says under the title of Foreign currency transactions; If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you do not have to include that gain in your income unless it is more than $200. If the gain is more than $200, report it as a capital gain. http://www.irs.gov/publications/p525/ar02.html#d0e8370

    Whatever the intent for that rule is irrelevant and no one could have considered [Other than Jesus] the fruition of our investment. What the CPA didn’t address was if it was long term or short but according to the IRS it most certainly is a capital gain. The CPA used the seed of fear of the IRS in the minds of citizens to drive business into his office.

    Now the idea of no tax on foreign exchange stated by the State Dept is worth exploring but be armed with all the info you can. I think we ought to remember that foreign currency is considered “property” by the IRS.

    Like

  19. Concerning OFAC sanctions are still on the currency and have not yet been lifted, why is Citibank allowed currently to buy and sell IQD? Fair question.

    Like

  20. citibank can buy and sell dinar, presumably to assist travelers to Iraq, but due to the sanctions, US financial institutions are prohibited from investing, or holding onto dinar for future profit.

    Like

  21. I have read your newsletter today several times very slowly to really grasp what your CBI contact has told you.

    My greatest fear is that nothing will happen this year. I already suspected that last October after Hamas attacked Israel.

    Yes the new ATM machines have now been installed all over Iraq and the old ATM machines have all been switched off. That is 100 % fact.

    But where are the articles with pictures of the new small denominations??

    The second phase of the monetary reform has already been launched.

    It seems that US Government is still blocking the monetary reform in spite that US Treasury promised last fall that they will not block it.

    Prime minister Shia Al Sudani announced a week ago that there will be a significant change in the exchange rate this year – 2024. But if USA still blocks everything this might not happen. This was a pre-recorded video fram April.

    I am prepared to wait until 2025 January. I have been mentally prepared for that since October last year.

    If the old ATM machines have already been switched off and the new ATM machines have been installed – how long can the citizens be without any ATM machines? This is a very logic question. But nothing in Iraq follow logic – nothing!

    We could still sit here in 2026 June and read your newsletter.

    Liked by 1 person

  22. The Governor of the Central Bank, Ali Mohsen Ismail Al-Alaq, when he announced the third strategic plan for the years (2024-2026), includes a set of main and sub-objectives and initiatives to achieve the bank’s plan.

    The governor stated that the plan paid special attention to the supervision of the banking sector, in order to build a “sober” banking sector, while the plan, according to the relationship, focused on the non-banking financial institutions sector [investment banks, hedge funds, insurance companies, mortgage lenders etc].

    In the first strategic objective identified as Enhancing monetary stability the CBI lists four facets of this effort. In these four there are list ten initiatives. In examining the ten it appears that nine of the ten have already been initiated. The one initiative waiting in the wings is the and I quote, “Introduce NEW ISSUES of high-quality currency” I’m certain this is a reference to new lower denominations and since it is a subset of the FIRST strategic objective, it is thus identified as foundational to move forward for the banking sector’s stability.

    It seems based on the plan to be the only foundational initiative remaining to be implemented.

    Do you agree?

    I’m engaging you because this blog is starting to fascinate me. I never follow anyone in this investment, and I’ve always researched on my own, but your blog is a bit different.

    Have a lovely day.

    Like

  23. the videos keep getting marked as “sign in if the owner has given you permission to watch” and after signing in, access denied. YouTube censors don’t allow us to see the truth. Could you record these like I can use my iPhone to record the screen? This way the video shared would be your recording and then it would not be censored. Just a thought. Thanks for all your hard work!

    Like

  24. Contacted Treasury OFAC about Sanctions on Iraq and the Dinar and answer was to me conclusive. They say, no its not us”. This is simply for edification…

    Hi,

     I have a simple question, it may have been asked by others many times, yet since I didn’t find it in the list of FAQ’s I am contacting you. Is there a restriction on Iraq’s currency by OFAC? I’m curious has the US Treasury placed a restriction preventing Iraq’s currency from becoming freely tradable and returning to the FOREX?

    Thank you in advance.

    Sincerely,

    WCiappetta

    Hello,

    Thank you for your email. In general, there are currently no broad-based sanctions in place against Iraq, but there are certain prohibitions and asset freezes against specific individuals and entities. These names are included in OFAC’s list of Specially Designated Nationals and Blocked Persons (SDN List). You may find entities that have been sanctioned under OFAC’s sanctions programs on OFAC’s Sanctions List Search. Please note that an entity may be blocked if that entity is owned in the aggregate, directly or indirectly, 50 percent or more by one or more blocked persons, even though those owned entities may not appear on the list.  Generally, OFAC urges caution when considering a transaction with an entity that is not a blocked person in which one or more blocked persons have a significant ownership interest that is less than 50 percent.  Such non-blocked entities may become the subject of future designations or enforcement actions by OFAC.

    Our Iraq-Related Sanctions page may also be of assistance. On this page, you will find several general licenses related to the Iraq-Related sanctions program. General licenses are self-executing; therefore, if a person’s activities fall within the scope of a general license, it is not necessary to obtain further OFAC authorization to engage in the transaction. Provided that the proposed activities meet all conditions of, and subject to limitations in, the applicable general licenses, a specific license from OFAC is not required to conduct those activities.

    You may also wish to review the recent FinCEN action identifying Iraq’s Al-Huda Bank as a foreign financial institution of primary money laundering concern and proposing to sever Al-Huda Bank from accessing the U.S. financial system.

    If you have further questions, please reach out to OFAC_feedback@treasury.gov.

    Kind regards,

    Compliance Division

    Office of Foreign Assets Control (OFAC)

    U.S. Department of the Treasury

    Contact Us: https://ofac.treasury.gov/contact-ofac

    kb

    Like

  25. Happy 4TH of July MG! Thank you again for your newsletter. You know I am a big fan of you and appreciate you so much. I agree with everything you said about Joe B. I could add several more choice words but would not look good in print.

    When these crooks cashed out in 2012 and 2013, were they given SKR’s or actual funds already deposited in their account? If SKR’s wouldn’t they need to see the reinstatement/ revaluation to take place?

    Thanks Ken in Mississippi

    http://mntgoatnewsusa.com

    Like

  26. Biden and Yellen , what a pair, corrupt, incompetent buffoons, screwed up our economy and in the way of iraq’s and the whole world, insanely infuriating. COME ON NOVEMBER!

    Like

    1. it’s screwed up beyond repair and on purpose. Only Jesus can save our nation. Not a november election. Yes, hopefully Trump get’s in but only Jesus can help us. Trump is not able to fix the economy. God can do anything

      Like

  27. Dear MG,

    You had mentioned that as long as Biden is the president that the Dinar would never be reinstated back to Forex. We can also add that as long as any Democratic presidential candidate or a RINO (Republicans in Name Only) becomes the next president that, just like Dementia Joe, they would also be controlled/bribed/blackmailed by the Deep State operatives. The next president would have to be DJT only for the Dinar to be reinstated back to Forex.

    Let’s assume that the worst case scenario would have a Democratic presidential candidate or a RINO as the next president. With regards to the Dinar, should we then assume that the best case scenario is that Iraq would only be able to delete the 3 zeros without the Dinar being reinstated to Forex? If that is the case, the new revalue for the Dinar would be approx 1.31 IQD= 1USD. Would we then be ‘content’ with this revalued amount and turn in our dinars to receive a far less amount than what we would expect if the Dinar would be reinstated to Forex where the revalued rate would be approx 3.22 USD= 1 IQD or do we continue to keep the Dinars for a few more years in hoping that it will eventually be reinstated to Forex?

    In order for DJT to win the next election, he/Republican Party would have to be able to prevent the Dems from employing the same blatant election cheating methods (plus the potential of the millions of illegal aliens obtaining voting rights) that they employed in 2020. For those unfamiliar with those cheating methods, the 2 documentary videos below are quite detailed.

    https://www.bitchute.com/video/dwiVPpDjUrJG/

    https://www.bitchute.com/video/9ecfKsM3chqk/

    There are a number of people, including Derek Johnson who is a former U.S. Military officer), who believe that DJT is still the commander in chief and that he is involved in the greatest sting operation in the world to defeat the Dems/globalists. We will only know if this sting operation was enough to defeat the globalists only when DJT becomes the president again.

    https://rumble.com/v3m2igj-charlie-freak-live-donald-trump-and-the-greatest-sting-operation-of-them-al.html

    https://rumble.com/v4jw0ti–derek-johnson-huge-update-the-meaning-of-a-military-occupation-trump-as-co.html

    TC

    Like

    1. the reinstatement of the dinar will have a longterm effect of destroying the US economy. last time i checked, President Trump doesn’t want to do that. this is why the RV will happen under a democratic president (MNT Goat correctly states that this was Obama’s plan). Well Obama/Hillary/Gates are the current president. Biden is not the president right now. well he’s president in name only. for the “history books” i guess

      Like

      1. LOL Your comments don’t pass the smell test. An infusion of money into the economy can do nothing but help GDP. In turn, it helps the government with taxes.

        The Democrats (Left) are trying to destroy the US economy. The Globalist agenda cannot be achieved if it is strong. Thus, the reason Biden has not allowed the US Treasury to give its blessing for the RV.

        Like

      2. not sure how the DINAR will hurt the economy, seems it would jump start the US economy again. That said if our excessive fiscal/deficit spending is not curtailed very quickly our most recent bout of inflation will pale in comparison to what is coming. Interest rates an prices, an should I say gold will sky rocket. Our Monopoly money toilet paper currency will not be wanted.

        Like

      3. bleednred1, you are correct about the short term gain. long term it destroys the dollar and america’s economic status on the world stage. Trump would not sell out this country for a short term gain. on the other hand, biden may be desperate to allow this RV/RI for a chance at re-election.

        Like

  28. MNT Goat thank you for your analysis. You hit the nail right on the head, I copied your quote that I’m referencing below. This is why Iraq is about to proceed (this summer) with the UST assurances in writing. this is mostly due to the weakness displayed recently and Iraq is in position to just do it with little risk now.

    “Again, I was told there is a master plan they are following to get to the reinstatement in spite of the efforts by the Biden administration not to allow this occur under his current administration. “

    Like

  29. Also, biden is not currently the president. Now on July 11th, 100% of people realize this unless they’ve been living under a rock. i would be shocked if a single person in the united states actually believes biden is the true president as of right now.

    Like

  30. Mountain Goat, in my humble opinion this RV/RI/whatever we want to call it, can only happen during a very weak president of the united states. which is the time between now and the end of the year basically. but given the prophet Kim Clement’s words from the Lord, I think its clearly a summertime event. Strange July, etc. technically summer runs till 3rd week of september so we’ll see but I’m feeling theres gonna be some fireworks by July 31st. we’ll see…….. much respect to you and blessings in the name of our Lord Jesus Christ.

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  31. Thorough Newsletter thank you Mtn Goat.
    Great News the Educational Process has begun, we sure don’t want counterfeiting and for Iraqi citizens to be familiar with new lower denominations and to be informed. But did I miss it? I read, and reread, and searched the newsletter for juicy uptodate news for our CBI contact, and was disappointed to not see that. Yet it was alluded to, but not detailed for us. However it is awesome that it is stated that our CBI contact did verify the validity and truth of the educational videos, which in of itself is FANTASTIC.

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    1. quite frankly, my concern is counterfeiting of the 25k and 50k notes. Mnt Goat is this a potential issue? are there perfect counterfeits out of Iran/China/North Korea floating around out there?

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  32. I read an article that said Iraq’s 4th meeting with the WTO won’t happen until the first quarter of 2025.

    It looks like Iraq won’t join the WTO anytime soon.

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  33. it is not my intention to annoy or alienate , however, your assertion that there will be no change in value in country but iqd note holders out of country will essentially be immune from the delete the zeros project as they will enjoy the face value of their notes applied against the respective forex rate. This is highly problematic for the following reasons:

    a. Historical Precedents: Historically, redenominations typically affect all holders of the currency equally, regardless of their location.

    b. Arbitrage Opportunity: If foreign holders could exchange their dinars at face value against the forex exchange rate while domestic holders faced a redenomination (e.g., 1,000 old IQD to 1 new IQD), it would create a lucrative arbitrage opportunity. Individuals and entities would try to move their dinars out of Iraq to benefit from the higher exchange rates available abroad, leading to a significant outflow of currency.

    c. .Currency Hoarding: Iraqis with large holdings of 3-zero notes would be incentivized to keep them rather than exchange them domestically during the redenomination process and instead find ways to move the currency outside of the country.

    d. Illicit Currency Movement: There would likely be attempts to smuggle these 3-zero notes out of the country to take advantage of the alleged higher exchange rate for foreign holders.

    e. Black Market Development: This situation could lead to the development of a black market for pre-redenomination notes, both within Iraq and in neighboring countries.

    f. Economic Disruption: The refusal to turn in 3-zero notes could disrupt the redenomination process and complicate economic stabilization efforts.

    g. Enforcement Challenges: Iraqi authorities would face significant challenges in preventing the outflow of old currency and enforcing the domestic exchange of notes.

    in short, purportedly massive amounts of IQD are being retained by Iraqis and held outside the banking system as such. what would motivate said Iraqi note holders residing in Iraq to turn in their 3 zero notes for the new redenominated notes?……

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  34. What you’re suggesting today doesn’t make sense. Only days ago, you point out the video report about deleting Zeros is in fact one of the pieces of education by the committee to be followed by another that would show the new banknotes. Now you suggest we must wait until this Biden term is over. Public memory is weeks at best so you are suggesting this latest effort is now merely a fleeting moment to be lost in time? We are talking public education not researching. I find it hard to agree with your conclusion.

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  35. Good morning MG, I waited until after you published the Tuesday, July 23rd edition of your newsletter to see if you were going to address the problem that was brought to light in your Thursday, July 18th edition. When the Video presented by the Iraqi government and confirmed by your CBI contact as being official states that a 1000 dinar note will become worth 1 dinar and a 5000 note will be worth 5 dinars, it is a clear indication of a LOP not a re-evaluation. Further the Countries that were sighted as having successfully changed their currencies in the Video, each did a LOP. Also, once the currency removes the 3 zeros by a LOP or whatever method, the currency value is the same for everyone. Whether you are inside Iraq or outside makes no difference. The currencies value is what it is. Period. I’m rather distressed by this Video as we have been assured over the 14 years that I have been in this investment that Iraq would never perform a LOP, but would indeed RV, How do you see this Video? It appears to me that Iraq clearly intends to LOP their currency. I look forward to hearing your take on it.

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  36. Hello, Moutain Goat

    Everyone is worried that when they give the citizens of Iraq a specified amount of time before the 3 zero notes will be obsolete that the 3 zero notes outside of Iraq will also be obsolete at the same time. There are no guarantees in this world except death and taxes. Is there any particular articles to support the premise that any Dinar held outside of Iraq will not be obsolete ? Thank you, woldopep

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  37. PS. I would like to qualify my question a little more. I know the cbi at one time stated the currency would be good for ten years. Whether or not it is true, unknown. What I believe everyone is afraid of is… inside Iraq they give the citizens 3 months to turn in all 3 zero notes, stating that after 3 months their 3 zero notes are obsolete. At this point after 3 months they are still not on forex. Everyone is afraid that when the Dinar finally reaches forex, the 3 zero notes are voided. Is that a possibility ? Thank you, Woldopep

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    1. I don’t believe we have to worry about the 25,000 dinar notes becoming obsolete because the CBI has stated that they will always have a 25,000 note in their inventory. It will be used for inter banking needs and won’t be available to individuals inside Iraq after the cut off date. We outside of Iraq are not subject to this cutoff date. Our 25,000 notes will be good for up to 10 years according to the CBI.

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  38. MNT Goat, I love you, but I’m sorry, I just don’t see this RV happening under the Trump Admin or any republican admin. This RV is going to cause Iraq to be the most prosperous nation on earth, financially speaking. It’s not exactly an “America First” foreign diplomacy move. This must happen under the Biden/Harris admin in my personal opinion and it is originally an Obama plan. This all relates to the world structure leading to the Book of Revelation…..

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  39. It doesn’t appear that Iraq will rolling out the project to delete the zero anytime soon.

    How will this effect their plans to substantially do away with the currency auction by year end?

    It seems we have a long way to go.

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  40. MG, Thank you for your explanations. Your work has been invaluable. I have donated to your newsletter. You make more sense than anyone in this arena.
    I do not want to seem ungrateful, I thank God for everything I have. What I take away from your explanation of when the dinar hits forex is that what used to be 1000 dinar is now 1 dinar. Am I extrapolating it correctly to say that what cost us $1000.00 US for 1 million dinar will be worth roughly 1000 x whatever the exchange rate. So if the exchange rate is let’s say $2.00 then basically $2.00 x 1000 = we get $2000.00 for every million ?

    is this correct ?

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  41. i am so disappointed in Sudani and the rest of the Iraqi government. As long as they allow such as the IRI , armed terrorists loyal to Iran, to remain in Iraq, yet demand USA forces to leave, we will never see any significant reevaluation of the IQD. The presence of these terrorist militias is a constant threat and intimidation factor upon ALL IRAQIS, to influence policies, support eradication of any Zionist support, to STEAL from the Iraqi people, and finance the Ayatollah’s insane , blasphemous, zeal of lying to the Iranian and Iraqi people of the intentions of his tyranny and terror. The IRAQI PEOPLE, and the Iranian people, and the IRAQI GOVERNMENT, AL SUDANI, MUST ALL ALL STAND UNITED TO BRING DOWN THE I

    IRANIAN EVIL IN THEIR MIDST. All the world is sick and tired of the chaos, death, destruction, and irresponsible cost of the continuation of this violence and hatred constantly churned up and pushed by the Iranian monsters of Muhammad. They have twisted the Quran into a book of evil instead a message from the Prophet of wisdom, love and peace. May God/Allah bless the people of Iran and Iraq, relieve them of the burden of the evil of the ayatollah and their puppets. Peace Be Upon Is All as we endure these times of conflict and deception. Never forget that he that curse the chosen, will be cursed. Amen

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  42. thank you mountain goat! I find this so strange that the US Fed says oh their is corruption at the cbi an Iraq banks. Why now, you have been saying this since I started following you. Yes the Iran paramilitary in Iraq is gonna cause trouble ,I think the US is up to the task. My Israeli source communicated to me that Iran has been warned any Iranian attack on Israel will bring total destruction to Iran nuclear plant an facility, Iran has been warned. I like to think the glass is half full, however I believe January 25 is to soon an there is more likely of war, with Russia advising Iran militarily an Russian troops an ammunition being sent to Libyia. Turkey has already said they will put troops in Israel. So MG an readers please go read about the Ezekiel 38-39 is close at hand. Thank you MG.

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  43. yes boycott the Olympics and don’t watch one single event. What kind of people would participate in such outrageous mockery. USA should immediately pull all our athletes out and stop any funding to the IOC. Kick the UN out of New York too what with all their pro Palestinian Bullshit. And i certainly am totally against the lgbtq trans woke mind virus that has corrupted so many. Lastly i do support tire UST in the CBI, like you said Mtn Goat, the IRI didn’t wait long to strike. As Trump did, put an economic strangle hold on terrorist funds, sanction Iran and its oil, get Iraq off their gas for electricity immediately., trade with Turkey for water .

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  44. Breaking news from iraqi television!!! Central Bank governor Al-Alaq has submitted his resignation to prime minister Muhammed Shia Al-Sudani.

    Al-Alaq has reached retirement age of 60.

    According to television news the reason for his resignation is that he has failed to control the exchange rate of the dinar.

    The illegal parallell rate is still too high.

    Last weekend a team from US Treasury took control of CBI. A floor was allocated for them.

    This will hopefully speed up the monetary reform but we still do not know what happens with the reform now when Al-Alaq has resigned.

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  45. There was one particular observation from your CBI contact (Below Paragraph) that caught my eye in regards to currency flowing into Iran…

    If this was such a disturbing activity to “The Feds” then how do they reconcile that apparent frustration with the millions (that we know about) that have been allow to be freed up and sent to Iran through our very own Administration ???

    Could there possibly be a conflict within our very own Administration and The Feds controlling monetary policy ??? Perhaps this is just a distraction to throw of the attention to an underlying agenda at play ???

    I may very well be missing/misinterpreting something but these two pieces do not appear to be harmonizing

    “Then my contact reviewed the new developments with the Israeli war on terrorism and this issue could explode the middle east if not handled correctly. She felt the reason why the Feds moved in so fast was that these dollars from Iraq are being laundered or funneled to Iran, Syria and Lebanon to fund these terrorist groups. This is the urgency and why they want to expedite the reforms and stop the flow of dollars now. She emphasized the word “NOW” not some months down the road.”

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    1. Robert I agree it does seem strange why now after Alaq an the US FED turned a blind eye to all the money flowing out. They both talked a good game. There always has been an off table agenda going on in Iraq, we just don’t know for sure what it is. The powder keg with Israel an Iraq could blow up the whole thing. The US FED better hurry up.

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