Latest Mnt Goat Newsletter

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

ABOUT THE NEWSLETTER:

June 23, 2026 Mnt Goat News Brief

Guten Tag everyone:

Today’s news is one of sobering news. I am going to explain in detail what is holding back the RV. So, hold on to your seat, it’s all here in today’s Mnt Goat Newsletter. If you can’t see it after reading today’s news, then I can’t help you…. sorry!

GIVE A GIFT TO MNT GOAT

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

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

 Let’s all try to chip in!

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1 Chronicles 29:14 

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

STATUS OF THE RV

Glad everyone could join me today on my blog. As we near the end of June we are told more news of what is holding up the revaluation and reinstatement. What I really don’t understand is if this is all true information (which it is) then how can anyone tell you the RV has been imminent over these last twenty (20) years?

Let’s get right into the news.

I will need everyone to settle down and relax when reading today’s news. It is a long commentary today since there is a lot of news to get through. Some of it can seem VERY scary but in reality it is comforting. We must get through this to get to it (the RV). I will tell you why. Let’s explore the main topics as on my Newsletter headlines.

So, we all should know by now that when the middle east erupts, Iraq always suffers and the Iraqi dinar takes a hit. This happened during the Covid crisis not because of the virus perse but because the world was shut down and oil was not consumed, thus oil took a big hit. Without the rentier economy (oil as 95% of revenues) of course there was no money to pay salaries and run the government. Thus, the government had to move money from the CBI reserves to pay it’s bills. The reserves declined to near dangerous levels.

During this Covid crisis time the CBI devaluated the local currency by more than 20 percent, the biggest devaluation since 2003, adjusting the ex-change rate from IQD 1182/USD to IQD 1450. After the crisis and oil was flowing again it ‘revalued’ back to 1320/USD but it never regained its original pre-crisis value of 1182. Why? You would think it would. But this goes much, much deeper than this…. Let’s take an honest, common sense look at this today.

I need everyone to know these changes in the dinar are NOT structural banking reasons for devaluation but local, short term financial reasons due to the drop of oil exports. This comes from too much of reliance on oil to pay Iraqi’s bills. When oil flow stops or slows down Iraq hurts. So, we all know about al-Zaidi’s plan to change all this and have the economy generating at least 45%-50% non-oil revenues to protect itself in the future from these oil crises. These non-oil revenues they refer to in the articles as the “local economy”, which is revenues generated from inside Iraq, non-oil related i.e tourism.

So again, due to the recent crisis with Iran and blockage of oil transport, Iraq is talking about a devaluation. This time there is talk of a deeper change than ever even since the Covid crisis of 1320/USD to 1650/USD. Now we might all think this is not good for our investment but I would differ with you. Why would I say such a thing?

First, I have to add who really cares? Think about it. We cannot yet exchange our dinars since the dinar is not yet back on FOREX and OFAC sanctions still exist.

Second, we all should know by now that they are ‘artificially’ suppressing the rate of the dinar from its true value.  

Next, in my June 11th Newsletter I presented an article that told us what the three- (3) pronged approach of Al-Zaidi was going to be to recover the economy. This news today should be of no shock for anyone. Like I said the government is always going to tell us what they plan to do. There will be no surprises, no guessing. It is titled “AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS! – THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.” The most intriguing point in Al-Zaidi’s plan concerns the exchange rate. Sources speak of a proposal to raise the dollar’s value again, without disclosing the rate proposed by the Prime Minister during the meeting. Today we find out what the rate will most likely be.

Please take a peek at a couple of today’s articles also on this subject matter titled:

AL-KINANI REVEALS A GOVERNMENT PLAN TO RAISE THE DOLLAR EXCHANGE RATE TO 165,000 NEXT SEPTEMBER”

and

THE GOVERNMENT WILL BE FORCED TO CHANGE THE EXCHANGE RATE AFTER THE COUNTRY’S ECONOMIC DOWNTURN”

“On Sunday (June 21, 2026), MP Ahmed Salim Al-Kinani, from the State of Law Coalition, revealed an anticipated government plan to raise the exchange rate of the US dollar to between 160,000 and 165,000 Iraqi dinars per 100 dollars, instead of the current rate of 132,000 dinars.”

This devaluation is still within the realm of the local currency only, the intentional manipulated dinar. It is not yet going to FOREX. We will need the FOREX rate to be what they have been forecasting to be over $3 not some in-country manipulated rate based solely on the price of the dollar which is also tied to the price of oil. Remember that the petro-dollar is being backed by oil and pure speculation. This is what is holding up the USD dollar at this time. We all know that the solution to the dinar is to get off this sole peg to the dollar which keeps dragging it down when there are hiccups in the oil industry.

So, from what I just told you, what do many of the economic experts in Iraq and the citizens in Iraq feel getting off the dollar is the answer, which they feel will then need to remove the zeros and bring an increase in purchasing power? Of course, they feel its to get off the sole peg to the dollar. Any reasonable and sane person would think this….right?

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CAN IRAQ REMOVE THE ZEROS AS A SOLUTION TO THE CRISIS?

So, as normal, there’s a knee-jerk reaction just as they always did during a crisis as from past experience they resort to telling the government to remove the zeros as their solution. But will this even work?

This following article tells us why they can’t just remove the zeros to solve this problem. It is titled “AN ECONOMIC EXPERT WARNS VIA NINA AGAINST REMOVING ZEROS… IRAQ NEEDS TO ELIMINATE THE CAUSES OF DEFICIT, WASTE, AND CORRUPTION.”

Former MP and economic expert Hussein al-Falluji warned against rushing the implementation of the project to remove three zeros from the Iraqi dinar and replace the currency. He, stressing that “this measure will not raise the real value of the dinar, increase the purchasing power of citizens, or address the deep imbalances plaguing the Iraqi economy.”

These three reasons by al-Falluji are are exactly related to what I have been telling my readers all along about removing the zeros from the currency. Do you remember what I told you? I said as long as they are still on the sole peg to the dollar the only difference in removing the zeroes is the zeros will be removed. The rate will remain the same. Todays rate of the dinar is .00076 per dollar. Many wished not to believe me. Now al-Falluji reinforces what we were told years ago. For instance, if a 25,000 note is now worth 19 dollars (25,000 x .00076 = 19 USD. Then a 25 note (deleting the zeros) would be worth 25 x .00076 =  2 cents USD. So, there is no change in purchasing power and deleting the zeros only makes the situation worst as they can’t do much with a note worth only 2 cents. By removing the zeros is only an administrative measure unless they are serious about going all the way to FOREX and having a major revaluation. To do the revaluation they would have to address the deep imbalances in the economy such as bring the “local’ dinar at least par with the oil-based petro-dollar. I will get into this a bit more later in my commentary.    

In a statement to the National Iraqi News Agency , al-Falluji said , “Removing zeros is merely a nominal and accounting change to the monetary unit, whereby 1,000 dinars become one new dinar, while prices, salaries, deposits, and debts are changed proportionally, without any real increase in wealth or income. 

This is why they can’t remove the zeros unless they are serious about going all the way to FOREX and repegging the dinar. As Dr Shabibi’s plan calls for first removing the zeros without any rate change, then monitoring for inflation. But this monitoring can only last a short time as I showed you who needs a 25 dinar note worth only 2 cents. Yes, they can get by with it for a short time, but they must revalue very shortly afterwards and go to FOREX. Then in my example the 25 dinar becomes worth something.

We can now clearly understand when the economic expert al-Fallujji points out that “replacing the currency under the current circumstances could lead to market instability, exploitation of the currency conversion process to artificially inflate prices, and increased speculation on the dollar and gold, in addition to the significant costs of printing the new currency, withdrawing the old, and upgrading banking and accounting systems and ATMs.”

He explained that “Iraq does not suffer from a crisis regarding the form of the dinar or the number of zeros, but rather from a structural economic and financial crisis, characterized by excessive reliance on oil revenues”. So, here you hear it again…..   

Al-Falluji says “Iraq needs to eliminate the causes of deficits, waste, corruption, and weak production before removing zeros from its currency.” 

Then what also comes out in the recent news? Please read this next article titled “THE GOVERNMENT REASSURES VIA AL-MADA: NO ZEROS WILL BE REMOVED AND THE CURRENCY WILL NOT BE AMENDED.”

 The Iraqi government reiterated that “there are no plans to change the national currency or remove three zeros from the Iraqi dinar. (at this time) It also denied any intention to resort to external borrowing to address current economic challenges, asserting that Iraq’s current situation is a temporary liquidity crisis, not a structural financial crisis.”

We all know this process of getting off the sole peg begins with the Project to Delete the Zeros and then shortly afterwards moving to FOREX. In the process of doing this the dinar is planned to then be repegged to a basket of currencies and get off the sole peg to the dollar. So, why don’t they just do it? Would it avoid having to devalue the dinar at this time to 1650?

I just need to wrap my head around the fact that this intel gurus from TNT  Tony and his pal Rayren, could even say that the project to delete the zeros was not necessary and the RV could happen any day /  every day for the last 23 years. We should all know now that this is unbelievable bullshit! I sincerely hope that there are many of you TNT followers learning something today and just who is actually scamming you because I know many of you do read my blog.  

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If you don’t believe me let’s explore yet another article today that gives us more direct answers to many of these questions about the holdup of the Project to Delete the Zeros. How many more of these articles do you need before you believe reality? Oh…. but this is a really good article to shake you up to the TRUTH.

I know many of you may not believe me when I explain things in my blog. You ask yourself; how does she know all this? Well… I do research and read the news from Iraq. I also still have many friends from my days in the US Army Intelligence Corps in high enough places in the governments to help me. It is that simple. Yes, I do not listen to these stupid nonsensical, idiot intel gurus on the internet or these diabolical sources that are trying to manipulate the markets. I look after your best interest to give you real, honest news. After all I want to know it too as I am an investor in the dinar myself. If this honesty and factual based info is what you actually want, then I encourage you to keep this blog alive. You must support it. Yes, every one of you reading this today. Remember I do not work for nothing anymore. We struggle to keep our gasthaus and we all work hard here. With almost a decade of not wanting any appreciation that time is over as this RV saga continues way beyond what we ever expected. Please decide to help out at least on a monthly ongoing basis if you have not yet done so. I do not want to  have to go to subscriptions and logons.

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So, let’s look at yet another interesting article titled “WHY DOES THE IRAQI DINAR REMAIN CHEAPER THAN THE KUWAITI AND JORDANIAN DINARS?” This article is really a WOW! WOW! WOW! one as it is all revealing to us investors and confirms many of the answers to the questions that I have been trying to reveal to you, like what is holding up the RV?  

I am going to quote directly from this article and then add in my own commentary to explain it. I hope this helps everyone:

 I quote:Economic expert Hussein Al-Falluji revealed the reasons for the decline in the value of the Iraqi dinar compared to the Kuwaiti dinar and the Jordanian dinar . Al-Falluji said in a televised interview followed by Al-Sa’a Network that “the reasons are due to the existence of a gap between dollar revenues and dinar revenues in Iraq .”

So, this is telling me that the local economy must get stronger and meet or surpass the oil revenues? Can it? The local economy generates dinars and the oil generates dollars. Get it? That is the gap they are talking about. To get the dinar stronger then the dollar they must generate more revenues using the dinar than the oil generates from the dollar. Is this even possible? Or how much is enough? Is 45%-50% enough to raise the dinar equal to the dollar?

 Certainly, the US is not going to approve the selling of oil for dinars any time soon. Is it someday? Again, we go back to getting off the sole rentier economy of the petro-dollar as an answer to raising the dinar  like it or not.

So, again this last quote about the deciding on what constitutes criteria for the strength of this dinar always puzzles me. Does not oil come from the ground in Iraq? It is not sold on the market in high demand? Does it not generate enormous revenues? Why not include it in the value of the dinar then? The answer to this last question was given in the last quote. It is ‘artificially” separated (manipulated), get it?

They why penalize Iraq and not include oil in its value in the value of this dinar? You see this is exactly what they are doing when the exclude the oil from the value built into the dinar. It is called artificial manipulation”. I know many of us investors keep talking about all the oil and how Iraq has one of the riches oil fields in the world, bla, bla, bla. But the true value of all this oil is not being reflected in the currency. I have to ask when is enough is enough to stop the fake manipulation of the dinar?  

Why is value the dinar almost solely based on the what the said local economy can generates. Why isn’t oil considered part of the revenue of the local economy as it is in Kuwait and Jordan? There is a disconnect here. Do you see it too? Yes, I see what the IMF and the US is doing in valuing the dinar and what they say Iraq needs to do to bring the value of the dinar up but is this really playing on a level playing field or just false manipulation? Is this coercion, a contradiction of what Trump told everyone to “we will be all on a level playing field, it is the only way we can compete”?  What is taking him so long then to change the biggest culprit of this currency problem, like with the Iraqi dinar not China or Japan? Is trade very fair for Iraq? How do they compete with the rest of the world?

Does Trump mean they all have to get fixed together? Are we maybe waiting on the Iranian Rial or others too? Is Iran a much bigger player than most think after all we do from time to time see the Rial on the bank screens as over $2 as a pending revaluation. Why haven’t they currently stripped the Rial off of FOREX like they did to the Iraqi dinar during its wars?

These questions are all VERY strong evidence that some plan is in the making behind the scenes that they are not telling most people about.   

I quote again: He added that “Kuwait and Jordan have an internal income cycle that depends on the local currency, unlike Iraq, whose internal economic cycle depends heavily on the dollar .”

Is it clear to you now? How did Iraq get into this mess? Were these two gulf wars with Iraq intentional to booster the American dollar using the oil to do it? Was the US deficit killing the dollar? Did the banking cartel (the Federal Reserve) care about the large deficit or go along with it since it stands to make trillions off a larger deficit. Remember Saddam Hussien was NOT going along with the petro-dollar and wanted to use the IQD to sell oil. Do you see the plot here unraveling? Are you connecting the pieces as to why we still wait for the revaluation and move to FOREX. Does Iraq want it but the globalist and banking cartel is fighting this move? So, who or what is holding it back? You have to see it folks, it is right in front of your noses.

I quote again:He explained that the Gulf states set the price of oil in their general budgets and transfer all financial surpluses to sovereign and investment funds, while Iraq sets its budget based on an optimistic price for a barrel of oil, then is surprised by a drop in selling prices, which causes a gap and a financial deficit that pushes it to borrow in order to cover expenses and pay obligation”  

So, this last statement in the article is playing out right now causing the devaluation of the dinar to around 1650 from 1320. It also tells us the dinar rate is not used for budgeting and never will as long as long as Iraq is – 1) its still selling oil for the petro-dollar or 2)cannot get the economy self-sufficient and generate revenues to pay its bills beyond the petro dollar revenues or at least beyond a reasonable level. They now have a plan under al-Zaidi as I have said is to generate up to 45% to 50% of non-oil related revenues. Will the Development Road Project help? Will the Customs and Tariffs revenue help? How many times have I already talked about this revenue to you? We read a few articles recently in my Newsletter about this new plan of Al-Zaidi.

I also want you to understand that we have read multiple articles over the years from the financial advisor Saleh to transfer all financial surpluses to sovereign and investment funds and not just dump it into a fund with Chase / JP Morgan bank in NYC under the control of the US Treasury. So this has to change too.  

I also get this feeling that the banking cartel through the Central Banking System wants countries to borrow money. First they put them in almost helpless situations using the IMF and the UN, then when they can’t pay their bills, go to the IMF to borrow. Iraq tried this before and paid off its loans to the IMF. It does not want to do it again. We read about all these loans in the consultation sessions with the IMF. Remember? So, this strategy from the CBI is a good thing. Through these loans is how Dr Shabibi was able to keep the rate of the dinar so low at 1166 or less. Remember those days? By not borrowing money another tool used is simply to devalue the currency. Again, I am shocked at Iraq even to have to think about any of these solutions with the amount of oil revenue they generate.  

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To be honest I must also include the slowness of Iraqi politics in getting things done as huge obstacle to the RV happening. I don’t know what it is with these Arabs…lol..lol..lol.. I also want to say that enforcement of new laws is also VERY lackadaisical and sometimes non-existent. We all witnessed it and many of you comment on it from time to time. In this next article we see this effect on Iraq. It is titled “ECONOMIC EXPERT: THE RISK OF A BLACKLIST REMAINS IF IRAQ’S COMMITMENTS ARE DELAYED.”

Economic expert Manar Al-Obaidi confirmed on Saturday (June 20, 2026) that the risk of being blacklisted still exists if Iraq’s commitments are delayed.   “Iraq is on the right track in the fight against money laundering and terrorist financing, following the recent statement issued by the Financial Action Task Force (FATF), while warning at the same time of the risks of laxity in implementing the agreed obligations.”

He added that “Iraq’s continued participation in the cooperative process with the Financial Action Task Force through an agreed joint action plan reflects its continued integration into the international financial system and the preservation of its banking relationships, without imposing any countermeasures against it.”

He explained that “this development is a positive indicator, but it does not mean the end of the challenges,” stressing that “the next stage requires serious work to implement anti-money laundering laws in all their forms in all governorates and regions without exception.”  He pointed out that “the opportunity is still available for Iraq to complete the requirements of financial reform, stressing that neglecting it will have a high cost to the state and citizens.”

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TRUMP’S PLAN FOR IRAQ AND THE MIDDLE EAST IS SLOWLY BEING UNVEILED

If you recall I have talked about a huge plan by the Trump administration for the middle east and how it definitely includes Iraq in a BIG way. Is anyone of these RV intel gurus  even talking about all this good news? Trump wants to bring investors into Iraq but there must be Stability and Security first, thus his demands to rid Iraq of Iranian influence. So, in this recent set of articles, we read more about Trump’s plans for Iraq. Yes, it is much more than most RV intel gurus image or even know about. If this plan is executed successfully, won’t they have to get the dinar back on track and on FOREX? Choo, Choo! 😊 Here are the articles titled “FINAL SIGNING AT THE WHITE HOUSE… AL-ZAIDI TO LAUNCH A “SECOND IRAQ” IN MID-JULY. – BARAK’S PLAN: BAGHDAD AS THE HEART OF A “NEW MIDDLE EAST”

Al-Zaidi and Barak
Ali al-Zaidi is close to setting a political precedent that could make him one of the fastest Iraqi prime ministers to reach the White House after assuming office. His anticipated visit to Washington in mid-July is not seen as a mere protocol visit, but rather as an attempt to inaugurate a new phase in the relationship between Baghdad and Washington, more than two decades after the 2003 regime change in Iraq.

Here is the other article titled “POLITICIAN: TRUMP SEEKS TO MAKE BAGHDAD THE GATEWAY TO THE NEW MIDDLE EAST PROJECT”

Political analyst Atheer al-Sharaa believes that “US President Donald Trump is seeking to make Baghdad a gateway to the New Middle East project by imposing his dictates to serve the American agenda.Al-Sharaa told Al-Maalouma that “US envoy Tom Barrack briefed Prime Minister Ali al-Zaidi on what Trump wants from Iraq in the coming phase, prior to al-Zaidi’s upcoming visit to Washington.”

That “the United States is striving to make Iraq subservient to its demands and interests in the coming phase, and in return, it will pay increased attention, especially since Trump has a New Middle East plan and seeks to make Baghdad the gateway to this project, which he has championed since 2020.”

Please take the time to read the entire set of articles in the Articles Section of the Newsletter.

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THE CBI GETS A NEW GOVERNOR! Why?

This next topic is being exploited by most RV intel gurus and I have to tell you they are filling you mind with lies again. It is titled “ALI AL-ALAQ WAS RELIEVED OF HIS POSITION AS GOVERNOR OF THE CENTRAL BANK AND NIZAR NASSER WAS APPOINTED IN HIS PLACE.” Yes, Ali al-Alaq has been replaced, it is true. It is up to the new prime minister of Iraq to appoint anyone as the governor of the CBI just as the president of the U.S. can appoint anyone to chair the IMF or the Federal Reserve. They did not put him there to force the RV because Alaq wouldn’t. This is mind-boggling stupidity.   

He added that “no official clarifications have yet been issued regarding the reasons for the dismissal or the nature of the changes related to the management of the Central Bank, while an official statement is expected to be issued clarifying the details of the decision and the mechanism for transferring duties.”

Nassar named Ali al-Alaq as his Adviser on Economic Affairs and so according to what my CBI contact told me, I look at this as a reorg not a disciplinary dismissal for non-performance or anything negative. I don’t know if many of you know but Nassar was already working inside the CBI as chief of Anti-Money Laundering and Counter-Terrorism Financing Office under the central bank.

Trust me folks it was not because Ali al-Alaq refused to RV and now Nizar Nasser is going to RV it for us. How stupid and silly are these kinds of statements being rumored by these intel gurus on the internet. Let’s just wait and see what happens. Also Nasser, was the head of the Anti-Money Laundering and Counter-Terrorism Financing Office under the central bank. Maybe, Al-Zaidi just needed someone as the director what was not as ‘soft’ or ‘lackadaisical’ on Money Laundering and Terrorism efforts and Nassar did not have enough power he needed to do his job while in that position. There may also have been conflicts with Ali Al-Alaq on this subject matter. I only hope Nassar is going do much better in these areas. These are two VERY important areas of concern for the RV. I want to add that if Alaq was so better in these areas, then why did were we still  reading so much negative statements in article after article on these two subject matters?  Simply put, he was probably too lackadaisical and they needed someone more forceful and demanding to fight it. Let’s just let it all play out and see.

The part I find interesting about this change  out of governors is in this article titled “AL-ZAYDI BEGINS REMOVING OFFICIALS AFTER BARRAK’S VISIT… AL-ALAQ IS OUT OF THE CENTRAL BANK, ACCORDING TO THE FRAMEWORK.”

The Iraqi News Agency and the media outlets affiliated with the Coordination Framework leadership continue to broadcast surprising and rapid news regarding the replacement of officials at the top of the pyramid, by orders issued by Prime Minister Ali al-Zaidi.

Minutes after the official news agency reported an order to replace the head of national security, known as Abu Ali al-Basri, who was the head of the infamous Falcons Cell during Nouri al-Maliki’s time, media outlets representing the main parties in the Coordination Framework rushed to report the dismissal of the head of the Central Bank of Iraq, Ali al-Alaq, and his replacement by Nizar Nasser, who was the head of the Anti-Money Laundering and Counter-Terrorism Financing Office of the Central Bank. This comes after nearly two days of long and complex discussions held by the Iraqi Prime Minister with Trump’s envoy in Baghdad, Tom Barrack.

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The remainder of the news is mostly about dealing with the militias, the disarmament, Iranian conflict and the appointment of the remaining of Al-Zaidi’s cabinet. I will let you take a peek at these articles for yourselves. They are all included in the Articles Section of the Newsletter. For me I am going to just let these items play out for themselves  unless there is critical news and the direction changes for the worst.

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Let’s keep our prayers alive. There is a deep spiritual dimension at work today bringing about this reset. I believe we are closer than ever for the dinar to get reinstated. But first things first. Part of the mess in the US must be cleaned up too. Then certain laws in Iraq must be passed. Certainly, reviving the economy to at least 45%-50% non-oil revenues could make a huge difference for Iraq and the IMF. By now everyone should be fully aware of these events that caused delays in the currency reform process. This is not rocket science to understand. We are not in control over these obstacles.

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

Leave a comment

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

                                             Just the FACTS!

                                         

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

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

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

Prophetic Words from the prophets:  Julie Green

“The Left Is Imploding ”

Go to the 14:05 mark in video for the prophecy. From June 14th.  

“Many Corporations Are About To Fall”

Go to the 12:15  mark in video for the prophecy. From June 19th 2026.  

PERSPECTIVES ON THE IRAQI DINAR PROPHECIES

   

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

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

WESTERN CULTURE: ARE WE BEING TOLD THE TRUTH OF WHAT’S HAPPENING IN IRAN BY THE MAJOR NEWS MEDIA CHANNELS?

Never-Before-Seen Footage of Massive Anti-Regime Protests Across Iran happening right now. the Islamic Republic has attempted to control the narrative through censorship, intimidation, internet shutdowns, and information warfare. But despite those efforts, Iranians continue to find ways to communicate with the world. Now, with internet access restored, footage that was previously inaccessible is finally emerging.

10-YEAR PLAN TO RESET THE DOLLAR

GLOBALISM MUST DIE. WHY?

This is part of my Awakening Series of presentations. If we investors are truly concerned about when the RV is going to happen on these currencies as part of the reset we should pay attention to what Kokinda is telling us. As I have been telling you it is much deeper. The end result of the process is freeing Iraq and until this is able to happen we will not see what we are looking for. I totally agree this RV should have happened in 2013 and so why not since then even? So, who or what is behind the scenes has a hold on Iraq? Can the Trump administration break his hold?

I want to add that if you remember the banking crash under the housing crisis many more banks would have folded had it not been for the infusion of dark cash into the system from the drug cartels. This legitimized their illegal money that normally would take much longer to launder. I believe there is going to be yet another huge banking crash. Finance experts keep telling this it is inevitable soon. But this time the infusion of cash is going to be more legitimate sources and much of it coming from the currency reset part of the process. Many experts keep telling us the system must first crash then to be rebuilt again under more sound practices to save it. For those of you who are military you might remember how the boot camp initiation first breaks you down, then slowly builds you back up to the image of soldier that they want. This same thing is going to happen to the global banking system. There will have to be a financial war against the globalist who have it too good for all too long. By globalist I mean the IMF, World Bank, Central Banking system, the United Nations, etc. This financial war has already begun and so we see it in the US Federal Reserve system and the changes that are going to take place. Then we see it in the oil industry and this one is about to get hit very hard, as new sources of energy, i.e. mini nuclear reactors, are about to take the scene. Eventually this charter with the Feds will be revoked and the US Treasury will take it over completely again, as it should have been all along.

We should all listen carefully to Kokinda, especially young adults in college or just coming into the workforce. I think it will open your eyes to the real fight that is going on under Trump and who is actually behind most the narratives they are pushing out. As an awakened person can clearly see, this war with Iran was not a usual war. Trump is not empire building. He is crashing the terrorism and drug cartels along with the nuclear ambitions of a terrorist Islamic Jhad state of Iran. I will add this is not an easy task and we can criticize Rubio and Trump. We listen to ignorant news idiots who screw with our rational minds. But we must remember a war is won with battles but it is the overall outcome that matters the most.

Many of my readers may look at the headline for this video and ask why is globalism so bad. If you are asking this question, you surely do not understand what the global elites are trying to do to the world and the sovereignty of our nations. On the surface we can define ‘globalization as follows: the process by which businesses or other organizations develop international influence or start operating on an international scale.

But this is not what the global elitist have in mind when they use this term. They try to convince you it is. Sounds simple, sounds all good. There is nothing wrong with global trade, but is it fair. There is nothing wrong with immigration but unvetted open borders does not work. Food and manufacturing quotas and mandates do not work. Socialism taking money from those who work hard and earn it, only to give it to the poor that does not work. So, we can see this goes much deeper.

Unfortunately, there is a notorious factor when you take the desires and dreams of the citizens of a nation out of the equation. Their intent is really to build a ‘One World Government’ system owned and operated by the elitist. They decide everything aspect of your life. It is pure imperialism masked by a group of convenient narratives to convince you it is all so good.

Yes, they decide all aspects of what happens in the world as they claim they know best. Well… we don’t have to go much further than to look what happened during the Covid pandemic, the Diversity, Equity and Inclusion (DEA) four years of the Biden administration and then the unchecked massive immigration and open borders. Also, we need to study the Central Banking System, the IMF or the World Bank and who they serve. They do not serve the nations they claim to work for but rather the global banking cartel.

WHEN COULD THE MARKET CRASH HAPPEN?

Peter Grandich: he lived through 1987, 2000, 2008 & covid – he’s most concerned now, here’s why

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

TRANSPORTABLE NUCLEAR ENERGY: CAN THIS TINY REACTOR POWER OUR FUTURE?

Decades old prophetic words given by God tell us of very compact energy sources that will power our homes, autos, businesses and factories of the grid. I am not talking about solar. Could these tiny reactors be the start of this micro nuclear revolution? Is this the next one after AI? Can we now do this because of AI?

KEIR STARMER RESIGNS AS U.K. PRIME MINISTER

Why is this important to the U.S. and our RV?

A CHILLING WARNING ON ISLAM!

First, they are coming for the Jews then the Christians.

REP. COMER SAYS CRIMINAL REFERRALS ARE SITTING ON DESK AT DOJ

When are they going to prosecute these bastards?  

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

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

Much to report today.

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

The more I dig the more I find…..

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

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

His ‘reset’ happened in Mexico Pesos.

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

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

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

This level of severity we don’t know.

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

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

THE DOLLAR’S GOLD PROBLEM JUST GOT BIGGER

GOLD, PAY ATTENTION TO GOLD: PROPHET KIM CLEMENT

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

ENDING THE “MILITIAS” AND THE RELATIONSHIP BETWEEN ERBIL AND BAGHDAD ARE ON THE TABLE FOR MASOUD BARZANI AND TOM BARRACK

 Kurdish leader Masoud Barzani discussed with US President’s Special Envoy for Iraq and Syria, Tom Barak, on Tuesday, ways to enhance stability in Iraq and the Kurdistan Region. While Barak stressed the need for Baghdad to restrict weapons to the state and end the influence of “militias,” Barzani pointed to the importance of the federal government’s commitment to the principles of partnership, balance, and consensus within the framework of the constitution.

A statement from Barzani’s headquarters, received by Shafaq News Agency, stated that Masoud Barzani received Ambassador Tom Barrack at the Salahaddin resort. During the meeting, Barrack emphasized that Iraq and the region need stability, and that the Kurdistan Region plays an important and essential role in the present and future, while expressing his admiration for the development and progress witnessed in the Kurdistan Region, describing it as exemplary.

For his part, Barzani stressed that the Kurdistan Region has always been a stabilizing factor, and that it supports dialogue and diplomatic solutions to all of Iraq’s and the region’s problems, noting that the Kurdistan Region has never been part of the problems, but has always been unfairly harmed by the consequences of wars and conflicts in the region. 

Barzani also stressed the need for the Middle East to move towards a stable situation that brings prosperity to the region’s inhabitants. In another part of the meeting, the importance of joint work and coordination between the Kurdistan Region and the new Iraqi government was highlighted. 

The US envoy spoke about the need for stability in the Iraqi political system and the protection of the state’s role in controlling unofficial armed forces, reiterating his country’s support for the Iraqi federal prime minister in the process of restricting weapons to the state and ending the influence of militias, as stated in the statement.

Regarding the new Iraqi government, Barzani affirmed his support for Prime Minister Ali al-Zubaidi, stressing the need for everyone to learn from the mistakes of the past and to work on the basis of the principles of partnership, balance, and consensus, and within the framework of the constitution.  

In another part of the meeting, views were exchanged on the situation in the region and its equations, and the two sides agreed to work together according to common priorities to enhance the stability of Iraq and the Kurdistan Region, and to build a long-term strategic friendship in economic aspects and to encourage investment.

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TRUMP: THE AGREEMENT WITH IRAN WILL BE SIGNED WITHIN THE NEXT 48 HOURS.

 US President Donald Trump suggested that the agreement with Iran would be signed within the next 48 hours.

Trump said in a press conference, {Al-Furat News} that “the Iran agreement will be signed within the next 48 hours,” indicating that “we will leave the American army in the Gulf for some time.”

He added, “If other countries possess ballistic missiles, it is unfair that Iran does not possess any ballistic missiles.”

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THE MEMORANDUM OF UNDERSTANDING WAS OFFICIALLY SIGNED BY THE PRESIDENTS OF THE UNITED STATES AND IRAN.

 (Mnt Goat: Remember this is only a meeting of the minds, this is NOT a treaty. There is still so much work to be done to finalize. I don’t think in the long term Iran will EVER come to agreement on most everything the U.S., wants. I don’t know why most will not read the title of the document. It simply says “Memo of Understanding” not treaty. Why all the negativity. Just pray and ask God to help the Trump administration through this ordeal and get a solid treaty in place. )

The Iranian Foreign Ministry announced that the text of the Memorandum of Understanding (MoU) was officially signed by US President Donald Trump and Iranian President Masoud Pezeshkian.

Western media outlets have published the final text of the Islamabad MoU between Iran and the United States.

**The Islamic Republic of Iran and the United States, jointly and in good faith, have agreed to the following:**

1. By signing this MoU, the Islamic Republic of Iran, the United States of America, and their respective allies in the current conflict declare an immediate and permanent cessation of hostilities on all fronts, including in Lebanon, and pledge not to initiate any war or military operations against each other from now on, to refrain from threatening or using force against each other, and to guarantee the territorial integrity and sovereignty of Lebanon. The final agreement will confirm the permanent cessation of hostilities on all fronts, including Lebanon, and the remaining provisions of this paragraph.

2. The Islamic Republic of Iran and the United States of America pledge to respect each other’s sovereignty and territorial integrity.

3. The Islamic Republic of Iran and the United States of America undertake to conduct negotiations and reach a final agreement within a maximum period of sixty days, extendable by mutual consent.

4. Upon the signing of this Memorandum of Understanding, the United States of America will begin lifting its naval blockade and any interference or obstruction against the Islamic Republic of Iran, and will completely end the naval blockade within 30 days. During this period, shipping traffic will be
proportionate to the volume of traffic established by the Islamic Republic of Iran before the war. The United States of America also undertakes to withdraw its military forces from the area surrounding the Islamic Republic within 30 days of the final agreement.

5. By signing this Memorandum of Understanding, the Islamic Republic of Iran will exert its utmost efforts to ensure the safe passage of commercial vessels, free of charge, for a period of sixty days only, from the Persian Gulf to the Sea of ​​Oman and vice versa. Shipping traffic will commence immediately, and given the necessity for the Islamic Republic of Iran to remove technical and military obstacles and clear mines, these will be established within 30 days. The Islamic Republic of Iran will discuss with the Sultanate of Oman the future management and maritime services in the Strait of Hormuz, in accordance with applicable international law and the sovereign rights of the coastal states of the Strait of Hormuz. They will also exchange views with other coastal states of the Persian Gulf.

The United States, together with its regional partners, commits to developing a final, mutually agreed-upon program for the reconstruction and economic development of the Islamic Republic of Iran, providing at least $300 billion. The implementation mechanism for this program will be finalized within sixty days as part of the final agreement. All necessary approvals, permits, and authorizations for related financial transactions will be provided by the United States.

7. The United States of America commits to ending all types of sanctions imposed on the Islamic Republic of Iran, including UN Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, both primary and secondary, according to an agreed timetable as part of the final agreement. The Islamic Republic of Iran and the United States of America recognize the fundamental importance of ending the aforementioned sanctions and express their intention to address these issues immediately in negotiations to reach a mutually agreed understanding on them.

8. The Islamic Republic of Iran reaffirms that it will not produce or acquire nuclear weapons. The Islamic Republic of Iran and the United States of America have agreed to resolve the issue of enriched material stockpiles through a mutually agreed mechanism and according to the timetable outlined in paragraph 7, at a minimum through on-site dilution under the auspices of the IAEA. The two sides also agree to discuss the issue of enrichment and other mutually agreed issues related to the nuclear needs of the Islamic Republic of Iran, on the basis of a satisfactory framework to be agreed upon in the final agreement.

The final agreement will reaffirm the provisions of this section. The Islamic Republic of Iran and the United States of America recognize the fundamental importance of the aforementioned nuclear issues and express their intention to address these issues immediately in negotiations in order to reach a mutually agreeable solution.

9. The Islamic Republic of Iran and the United States of America agree to maintain the status quo until a final agreement is reached. The Islamic Republic of Iran will maintain the status quo regarding its nuclear program, and the United States will not impose any new sanctions on Iran or deploy additional military forces in the region.

10. The United States of America undertakes, immediately upon the signing of this Memorandum of Understanding and until the sanctions are lifted, to issue Treasury bills for the export of Iranian crude oil, petrochemical products and derivatives, and all related services, including banking, insurance, transportation, etc.

11. The United States of America undertakes to make all restricted or frozen funds and assets of the Islamic Republic of Iran fully available for use through the implementation of this Memorandum of Understanding. The United States of America and the Islamic Republic of Iran mutually agree on procedures for releasing these funds during negotiations. These funds, whether held in the primary account or transferred, must be
fully usable for payment to any end beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States undertakes to issue all necessary approvals and authorizations in this regard.

21. The Islamic Republic of Iran and the United States of America agree to establish an enforcement mechanism to monitor the successful implementation of this Memorandum of Understanding and future compliance with the final agreement.

31. Following the signing of this Memorandum of Understanding and subject to the implementation of paragraphs 1, 4, 5, 10, and 11 thereof and the continued implementation of these measures, the Islamic Republic of Iran and the United States of America will commence negotiations on the final agreement with respect to the remaining paragraphs exclusively.

41. The final agreement will be approved by a binding resolution of the United Nations Security Council.

◇ (Signed) on behalf of the Government of the Islamic Republic of Iran.
Date
◇ (Signed) on behalf of the Government of the United States .
Date
◇ (Signed) in the presence of the mediator
on behalf of the Government of the Islamic Republic of Pakistan.

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AL-ZAYDI BEGINS REMOVING OFFICIALS AFTER BARRAK’S VISIT… AL-ALAQ IS OUT OF THE CENTRAL BANK, ACCORDING TO THE FRAMEWORK.

The Iraqi News Agency and the media outlets affiliated with the Coordination Framework leadership continue to broadcast surprising and rapid news regarding the replacement of officials at the top of the pyramid, by orders issued by Prime Minister Ali al-Zaidi.

Minutes after the official news agency reported an order to replace the head of national security, known as Abu Ali al-Basri, who was the head of the infamous Falcons Cell during Nouri al-Maliki’s time, media outlets representing the main parties in the Coordination Framework rushed to report the dismissal of the head of the Central Bank of Iraq, Ali al-Alaq, and his replacement by Nizar Nasser, who was the head of the Anti-Money Laundering and Counter-Terrorism Financing Office of the Central Bank. This comes after nearly two days of long and complex discussions held by the Iraqi Prime Minister with Trump’s envoy in Baghdad, Tom Barrack.

The Iraqi government and the United States agreed on Tuesday, June 16, 2026, on a package of strategic, security and economic understandings, which focused on the complete disarmament of the factions and the restriction of weapons to the state, and providing security guarantees to protect American investment companies.

This came during a meeting held by Prime Minister Ali Faleh al-Zaidi with the US President’s Special Envoy Tom Barrack in Baghdad, in preparation for the anticipated summit between al-Zaidi and President Donald Trump at the White House in mid-July, amid a joint emphasis on supporting a federal, democratic and unified Iraq.

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ALI AL-ALAQ WAS RELIEVED OF HIS POSITION AS GOVERNOR OF THE CENTRAL BANK AND NIZAR NASSER WAS APPOINTED IN HIS PLACE.

An informed source reported today, Thursday (June 18, 2026), that the Governor of the Central Bank of Iraq, Ali Al-Alaq, has been relieved of his post, and Nizar Nasser has been assigned to manage the Central Bank in his place.

The source told Baghdad Today that “Nizar Nasser has been assigned to manage the Central Bank,” noting that “this came after the dismissal of the Governor of the Central Bank of Iraq, Ali Al-Alaq, from his position.”

He added that “no official clarifications have yet been issued regarding the reasons for the dismissal or the nature of the changes related to the management of the Central Bank, while an official statement is expected to be issued clarifying the details of the decision and the mechanism for transferring duties.”

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FINAL SIGNING AT THE WHITE HOUSE… AL-ZAIDI TO LAUNCH A “SECOND IRAQ” IN MID-JULY.

BARAK’S PLAN: BAGHDAD AS THE HEART OF A “NEW MIDDLE EAST”

Ali al-Zaidi is close to setting a political precedent that could make him one of the fastest Iraqi prime ministers to reach the White House after assuming office. His anticipated visit to Washington in mid-July is not seen as a mere protocol visit, but rather as an attempt to inaugurate a new phase in the relationship between Baghdad and Washington, more than two decades after the 2003 regime change in Iraq.

Political assessments suggest that the visit represents an opportunity to restructure the relationship between the two countries on different foundations, transcending the legacy of past years and opening the door to broader cooperation on energy, economic, and security issues. However, according to observers, this path will not be without obstacles, given the continued influence of Iran and armed factions in the Iraqi landscape.

The Iraqi government announced last Monday that al-Zaidi would visit Washington in mid-July at the invitation of US President Donald Trump, shortly after US envoy Tom Barrack’s visit to Baghdad, which was accompanied by leaks that sparked widespread interest regarding issues of weapons, corruption, and the future relationship between the two sides. Academic and political analyst Mohammed Naanaa believes that Tom Barrack’s meeting with al-Zaidi was a crucial step in preparing for the anticipated visit.
Naanaa told Al-Mada that the details of the visit were discussed during the meeting, including the issues mentioned in the Prime Minister’s office statement. 

These issues pertain to the complete disarmament of Iraqis, the consolidation of all armed groups under the command of the Commander-in-Chief of the Armed Forces, the expansion of the American presence in Iraq, particularly for companies operating in the southern oil fields, and the granting of significant licenses to Starlink. 

He added that these indicators, in his opinion, reflect an Iraqi alignment with the American vision for the future of the relationship between the two countries. He considers al-Zaidi’s visit to be pivotal and the culmination of a series of contacts, dialogues, and reciprocal visits led by Barrack and the US Chargé d’Affaires in Baghdad, leading to what he describes as “the final signing of the new relationship between the two sides.” But Naanaa believes this path will not be without its challenges. He argues that any stability Tehran achieves will prompt it to revitalize its influence within Iraq, and that armed factions may return to exert greater pressure on the power structure, either directly or through their political representatives in parliament and the government. The researcher emphasizes that Iraq should consider what it stands to gain from this burgeoning relationship, which is expected to culminate in the White House meeting on July 15. He stresses the importance of securing clear American support in three key sectors: banking, energy, and defense. According to Naanaa, Baghdad needs American assistance in acquiring air defense systems to protect the country, and support that will help liberalize the Iraqi monetary system, reduce exchange rate volatility, and mitigate the impact of the parallel dollar on citizens’ livelihoods. Furthermore, assistance is needed to resolve the gas import crisis for electricity generation through alternative solutions, including floating power platforms. The issues of weapons and sovereignty were also discussed. During their recent meeting in Baghdad, al-Zaidi and Barak emphasized the importance of building a strong and mutually beneficial Iraqi-American partnership.

According to the official statement, the two sides discussed a shared vision for building a “brighter, terrorism-free” future, implementing plans for complete disarmament, dissolving all armed groups and formations operating outside the authority of the state, and ensuring that weapons are solely in the hands of the state and that full sovereignty is established.

They also stressed the need to keep Iraq out of regional conflicts and prevent its territory from being used by any party to threaten security and stability in the region, emphasizing the urgent need to fully achieve these goals.
Iraq at the heart of a new Middle East.

Former diplomat Ghazi Faisal, however, views the visit from a broader perspective that transcends the bilateral relationship between Baghdad and Washington.
He tells Al-Mada that the new American initiative, which emerged after Tom Barrack was assigned the Iraq portfolio, is based on major strategic projects, including strengthening coordination and economic integration between Iraq and Syria, ultimately aiming to build a nucleus of regional cooperation that may later include Cairo, Amman, and Beirut, in addition to Baghdad and Damascus.

Faisal believes the region is facing a new phase, especially after what he calls the “historic agreement” to resolve long-standing crises with Iran dating back to 1979. He considers this agreement a precursor to a new Middle East map based on development rather than wars and conflicts.

He adds that Iraq is at the heart of these transformations, and that al-Zaidi’s visit could be a starting point for the country’s transition from the security, political, and economic chaos that has accompanied the post-2003 era to building a truly democratic state.
He emphasizes that the visit could lay the foundation for deeper economic and investment relations, because, as he describes it, investment is what creates jobs and stimulates the economy, while currently, about 75% of the budget goes to salaries at the expense of development and investment.

Faisal also expects the United States to support Iraq’s efforts to combat corruption within ministries, banks, and companies, and to pursue networks involved in smuggling and money laundering.

He points out that the environment created by armed factions and financial corruption in recent years has driven companies and investors to leave Iraq or freeze their projects, which necessitates providing new security and political guarantees to restore confidence in the Iraqi economy.

The visit he concludes, represents an opportunity to review the mistakes made by Washington and Iraqi political parties over the past two decades, and to move Iraq from a failing and declining state to a more stable one, better able to integrate into its regional environment. According to political sources who spoke to Al-Mada, Tom Barrack only arrived in Baghdad after Washington received initial positive signals regarding several demands it had previously conveyed to the Iraqi government. 

The sources describe Barrack’s visit as pivotal in the course of Iraqi-American relations, considering it the foundation for a new phase, distinct from the period following 2003, based on clear commitments and mutual interests. 

The most prominent American demands, according to these sources, include the disarmament of all armed factions without exception, preventing their participation in the government, and completing the integration of the Popular Mobilization Forces (PMF) into official security institutions after removing leaders affiliated with armed factions. The sources indicate that these issues are still under discussion and have not yet been definitively resolved.

The American demands also include closing more than ten banks accused of smuggling dollars and involvement in money laundering, restructuring other financial institutions, expanding anti-corruption measures, and opening the door to broad American and Gulf investments. According to sources, Washington links the success of these measures to the influx of major investments that Baghdad needs in the energy, infrastructure, and services sectors.

If these conditions are not met, Barak informed Iraqi officials, according to the same sources, that “all options are open,” and that the United States will act in accordance with its interests.

Compared to his predecessors, if the visit takes place as scheduled, al-Zaidi will be one of the fastest Iraqi prime ministers to reach the White House.
Only Nouri al-Maliki rivals him in this regard, having visited Washington four times during two terms, with his first visit coming just two months after assuming the premiership. In contrast, Mohammed Shia al-Sudani waited about 17 months before meeting former US President Joe Biden, amid American reservations and internal complications.

For his part, Ahmed al-Yassiri, an Iraqi political analyst residing in Australia, believes that focusing on the speed or timing of the visit does not reflect its true importance.
He tells Al-Mada that al-Zaidi did not request the visit, but rather received an invitation from the US administration. Therefore, linking its significance to the time elapsed since his assumption of office is inaccurate.

He adds that the visit’s true importance lies in providing the Iraqi political system with American backing during a sensitive regional period, and in restructuring the relationship between Baghdad and Washington amidst the ongoing transformations in the region, particularly concerning the Iranian issue and the redrawing of security and political alliances.

Al-Yassiri, who also heads the Arab-Australian Center for Strategic Studies, believes the visit will also exert internal pressure on the Iraqi government to present a realistic program regarding investment and the entry of American companies, in addition to ensuring the continued flow of Iraqi funds and preventing the country from being exposed to the risks of US sanctions.

He emphasizes that these issues will shape the features of the next phase, regardless of al-Zaidi’s ability to achieve quick results or immediate breakthroughs.

Political support or practical results?
Munqith Dagher, Middle East and North Africa director and a member of the board of directors of Gallup International, views the visit as more of a message of political support than an exceptional event.

He tells Al-Mada that the visit carries a ceremonial dimension for al-Zaidi and represents an American attempt to demonstrate its support for the Iraqi Prime Minister, especially since Washington—in his estimation—played a key role in his rise to power through Tom Barrack. Dagher believes the timing might have been better had it been delayed slightly, but he acknowledges that American motives dictated the visit’s timing. He adds that it wouldn’t be a negative development if al-Zaidi succeeds in using the opportunity to raise important Iraqi issues and secure greater American support on vital matters.
He concludes by saying that the true measure of the visit will depend on its actual outcomes: will it remain within the realm of protocol and political messaging, or will it become a starting point for genuine progress on the outstanding issues between Baghdad and Washington?

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ECONOMIST: THE 2026 BUDGET TRAIN HAS LEFT THE STATION… THE GOVERNMENT IS PATCHING UP THE DEFICIT BY BORROWING.

 
(Mnt Goat: Not true! They are going to devalue the dinar instead of borrowing. Be careful what they put in print and always wait to verify  it with other news and sources inside Iraq. choo-choo! 😊)

Economic expert Basil Al-Obaidi confirmed today, Thursday, that insisting on preparing and approving the general budget at this time is “a form of absurdity” and has no benefit whatsoever, at a time when the country’s financial affairs are being managed by “patchwork” and borrowing from banks.

Al-Ubaidi told Al-Maalomah that “the train has already left the station. Iraq is now staggering at the end of the sixth month, and the bureaucratic processes involved in approving the budget will inevitably hinder and delay it until next September.” He added that “a budget approved for only three months of a fiscal year that is nearing its end is worthless.”

He added, “The preparation of the budget depends primarily on estimating revenues and expenditures, which is difficult to achieve at the present time, given the significant decline in the country’s revenues as a result of the repercussions of the regional crisis and the disruption of export traffic through the Strait of Hormuz.”

Al-Obeidi pointed out that “Iraq needs a period of no less than two months to restore some degree of financial stability, pending an improvement in oil revenues and the return of exports to their normal levels, in the event that the Strait of Hormuz is reopened and all the technical and logistical requirements related to pumping Iraqi crude oil to the ports and export outlets are completed.”

The economist warned that “the anticipated budget will turn into an arena for political bidding, where it will be bombarded with explosive demands that a short-term budget cannot accommodate, starting with a flood of appointments, bonuses and patchwork, and ending with a conflict over projects.”

Al-Ubaidi called on the Cabinet to “preemptively address the crisis and prepare a draft law for an exceptional operational budget for emergencies, to manage the remainder of the year, while postponing the comprehensive budget to 2027,” stressing that the upcoming budget must be “real and completely different from its predecessors, which existed only on paper.”

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THE STATE OF LAW COALITION IS DEMANDING AN EMERGENCY SESSION TO DECIDE ON THE REMAINING MINISTERIAL APPOINTMENTS.

Imran Karkoush, a member of the State of Law Coalition, stressed the need to resolve the issue of the ministerial cabinet and to form a fully constituted government, pointing to the importance of holding an emergency parliamentary session in response to the call of the Coordination Framework in order to resolve the remaining ministerial portfolios.

Karkoush told Al-Maalomah, “The coordination framework had previously called for a session of the House of Representatives to finalize the government file and complete the ministerial cabinet of Al-Zidi’s government, after the council failed to pass the entire cabinet in the recent past.”

He added that “the government is still lacking a quorum with regard to the number of ministers, as it is working incompletely and needs to resolve the issue quickly and complete the selection of the nine ministers for the remaining ministries and vote on them within the House of Representatives in an emergency session in order to ensure a complete government with a full quorum and powers.”

He explained that “there are key ministries that need to quickly finalize the selection of their ministers, such as the Interior, Defense, and Higher Education ministries, as they need ministers with genuine expertise who prioritize the interests of the citizen and the country.”

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CABINET FORMATION: ADVANCED NEGOTIATIONS UNDERWAY TO FINALIZE REMAINING NAMES BEFORE AL-ZIDI’S VISIT TO WASHINGTON

The Iraqi political scene is witnessing rapid activity to resolve one of the most prominent outstanding issues in the government formation process: completing Prime Minister Ali al-Zubaidi’s cabinet. This comes amid growing indications that political forces are nearing final agreements on the remaining ministerial posts.

These moves coincide with efforts within the Coordination Framework to review certain government arrangements, including the potential elimination of deputy prime minister positions and a reduction in what is described as administrative bloat, as well as a reconsideration of several candidates nominated for the remaining portfolios. Statements from political leaders confirm advanced agreements that could pave the way for an extraordinary parliamentary session in the coming period to definitively resolve the issue, thus ensuring the completion of the government formation before the anticipated political and diplomatic events.

Nine ministries are awaiting resolution. In this context, Hussein al-Saabri, a member of the Reconstruction and Development Coalition, stated that a parliamentary session will be held in the coming days to finalize the cabinet after the legislative recess.
Al-Saabri explained in a statement to Al-Maalomah that “understandings regarding the completion of the remaining nine ministerial posts have reached an advanced stage among the political forces.”

He added that “the Speaker of Parliament will call for a session after the legislative recess ends, should the final agreements between the political parties be reached.”
He indicated that “there is significant progress in the ongoing discussions among the political forces to resolve the issue of the vacant ministries in the coming phase.”
He pointed out that the Coordination Framework forces are striving to complete the remaining ministerial portfolios before Prime Minister Ali al-Zubaidi’s anticipated visit to Washington, as part of efforts to fully resolve the government formation process.

Regarding the abolition of deputy prime minister positions, Salam al-Zubaidi, a leader in the Reconstruction and Development Coalition, revealed that the Coordination Framework forces agreed during their recent meeting to abolish the deputy prime minister positions, in addition to setting a date for an emergency parliamentary session to complete the cabinet.

Al-Zubaidi told Al-Maalomah that “the forces within the Coordination Framework unanimously agreed to hold an extraordinary emergency session to complete Al-Zidi’s cabinet, to be held after the conclusion of the Ashura commemorations.”
He added that “the Prime Minister will officially inform the Speaker of Parliament to set the date for the session.”

He explained that “the political forces within the Framework agreed to abolish the positions of Deputy Prime Ministers entirely, considering them redundant and a form of governmental bloat, in addition to the fact that they would embroil the political forces in new problems and disputes they can ill afford.”

He indicated that “the Framework Agreement also included amending the nominees for the Planning, Interior, and Higher Education portfolios, replacing them with alternative figures to finalize the matter.”

Political indicators suggest that the forces participating in the government are seeking to complete the cabinet formation process entirely in the coming period, by reaching an agreement on the nominees for the vacant ministries and resolving outstanding issues in preparation for presenting them to Parliament for a vote.

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THE GOVERNMENT WILL BE FORCED TO CHANGE THE EXCHANGE RATE AFTER THE COUNTRY’S ECONOMIC DOWNTURN

 Information/Baghdad…
The head of the political body of the National Tribal Movement, Abdul Rahman al-Jazaeri, confirmed that the government will be forced to change the dollar exchange rate in local markets after the economic downturn the country has witnessed as a result of the war in the region.

Al-Jazaeri told Al-Maalouma, “The Prime Minister’s move to increase the value of the dollar in local markets at the expense of the Iraqi dinar is possible and not unlikely given the conditions and developments in the region and their repercussions on Iraq.”
He added, “The war in the region has had a complete and clear impact on all Iraqi economic programs, the budget, the dollar exchange rate, and foreign transactions, in addition to the disruption in the export of Iraqi oil.”

He explained that “the urgent need compels the government to take measures that will increase the exchange rate in local markets in order to put the economy back on track, especially with an economic figure at the top of the executive branch.” 

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POLITICIAN: TRUMP SEEKS TO MAKE BAGHDAD THE GATEWAY TO THE NEW MIDDLE EAST PROJECT

Political analyst Atheer al-Sharaa believes that US President Donald Trump is seeking to make Baghdad a gateway to the New Middle East project by imposing his dictates to serve the American agenda.

Al-Sharaa told Al-Maalouma that “US envoy Tom Barrack briefed Prime Minister Ali al-Zaidi on what Trump wants from Iraq in the coming phase, prior to al-Zaidi’s upcoming visit to Washington.”

He added that “the United States is striving to make Iraq subservient to its demands and interests in the coming phase, and in return, it will pay increased attention, especially since Trump has a New Middle East plan and seeks to make Baghdad the gateway to this project, which he has championed since 2020.”


He explained that “there is an American plan aimed at controlling all of Iraq through this project, especially since Washington is holding onto the economic card with Iraq, where Iraqi oil is sold and the proceeds are deposited in the US Federal Reserve.”

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IRAN’S IRGC SETS UP SECRET IRAQ CELLS TO ATTACK US BASES IN GULF

  Iran’s Islamic Revolutionary Guard Corps (IRGC) has established clandestine cells in Iraq to launch attacks on Gulf countries hosting US troops, bypassing established Iraqi armed factions to avoid detection, Reuters reported on Friday, citing Iraqi military, security, and “militia” sources.

The network consists of three or four cells, each made up of around 10 elite Iraqi Shiite fighters operating outside the command structure of the Islamic Resistance in Iraq, an umbrella alliance of Iran-backed factions, and reporting directly to Tehran. The sources said fighters launched at least seven drone attacks from desert areas near Basra and Samawa between April 20 and May 17 against sites in Kuwait, Saudi Arabia, and the United Arab Emirates.

According to the report, the development points to a shift in Iran’s regional approach as it seeks to preserve its influence while confronting military setbacks, economic difficulties, and the erosion of allied armed groups. Several major Iraqi factions have recently signaled a willingness to disarm and shift their focus to domestic politics, a trend that may have encouraged Tehran to rely on smaller, tightly controlled networks.

“The newer groups established by the IRGC appear smaller, more ideologically hardened and more tightly controlled, reflecting Iran’s need to conserve resources amid economic strain,” retired Iraqi army general Jasim Al-Bahadli remarked.

The allegations, the report added, present an early test for Iraqi Prime Minister Ali Al-Zaidi, who has pledged to prevent Iraqi territory from being used to threaten regional security. Iraqi authorities are investigating whether recent attacks on Gulf states originated inside Iraq, while Kuwait, Saudi Arabia, and the United Arab Emirates have lodged protests with Baghdad.

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ECONOMIC EXPERT: THE RISK OF A BLACKLIST REMAINS IF IRAQ’S COMMITMENTS ARE DELAYED.

Economic expert Manar Al-Obaidi confirmed on Saturday (June 20, 2026) that the risk of being blacklisted still exists if Iraq’s commitments are delayed.

Al-Obaidi said in an analysis seen by “Baghdad Today” that “Iraq is on the right track in the fight against money laundering and terrorist financing, following the recent statement issued by the Financial Action Task Force (FATF), while warning at the same time of the risks of laxity in implementing the agreed obligations.”

He added that “Iraq’s continued participation in the cooperative process with the Financial Action Task Force through an agreed joint action plan reflects its continued integration into the international financial system and the preservation of its banking relationships, without imposing any countermeasures against it.”

He explained that “this development is a positive indicator, but it does not mean the end of the challenges,” stressing that “the next stage requires serious work to implement anti-money laundering laws in all their forms in all governorates and regions without exception.”

He added that “the responsibility for accomplishing this task lies with various parties, starting with the executive bodies concerned with enforcing the law and implementing procedures, passing through the legislative bodies that are responsible for completing the necessary legal frameworks, and reaching the community and the private sector through promoting awareness, commitment and reporting of violations.”

Al-Obeidi warned that “failure to implement the agreed-upon procedures within the specified timeframes could expose Iraq to significant losses and increase the likelihood of its being placed on the blacklist, which would have negative repercussions on the financial sector and the national economy in general.”

He pointed out that “the opportunity is still available for Iraq to complete the requirements of financial reform, stressing that neglecting it will have a high cost to the state and citizens.”

Al-Obaidi praised “the efforts of the official bodies that contributed to strengthening cooperation with international institutions, foremost among them the Anti-Money Laundering and Counter-Terrorism Financing Office and its professional staff,” noting that “the role played by the office in the recent negotiations was a key factor in avoiding Iraq being included on the blacklist.”

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WHY DOES THE IRAQI DINAR REMAIN CHEAPER THAN THE KUWAITI AND JORDANIAN DINARS?

 Economic expert Hussein Al-Falluji revealed the reasons for the decline in the value of the Iraqi dinar compared to the Kuwaiti dinar and the Jordanian dinar .

Al-Falluji said in a televised interview followed by Al-Sa’a Network that “the reasons are due to the existence of a gap between dollar revenues and dinar revenues in Iraq .”

He added that “Kuwait and Jordan have an internal income cycle that depends on the local currency, unlike Iraq, whose internal economic cycle depends heavily on the dollar .”

He explained that “the Gulf states set the price of oil in their general budgets and transfer all financial surpluses to sovereign and investment funds, while Iraq sets its budget based on an optimistic price for a barrel of oil, then is surprised by a drop in selling prices, which causes a gap and a financial deficit that pushes it to borrow in order to cover expenses and pay obligations 

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RAPID STEPS

  Since the formation of the new government, two files have seen rapid progress, with hardly a day passing without signs of clear advancement. These files are the handover of weapons to the state and the fight against corruption.

The widespread national support that greeted the Prime Minister’s efforts regarding the disarmament process was twofold: political and popular. Following the initiative of the leader of the Shiite National Movement, Sayyid Muqtada al-Sadr, to integrate the Peace Brigades into the state’s security institutions, and subsequent initiatives by other factions, a popular and media landscape emerged in support of this direction. This revealed a public opinion that backed the actions of Sayyid Ali Falih al-Zaidi’s government. Above all, these steps are based on the visions and guidance of the Supreme Religious Authority in Najaf, which has been keen for several years to give this issue considerable attention.

The success of the government’s efforts in this regard can be seen in several steps, the most recent being the meeting between the Prime Minister and US envoy Tom Barrack, which resulted in security understandings that included a package of measures for disarmament and the provision of security guarantees to protect investment companies. It can also be seen in the Prime Minister’s meeting with tribal leaders and his reaffirmation of the commitment to the weapons control project, as well as in the changes he made to certain key positions within the security apparatus.

In the other file, which is the file of combating corruption, the establishment of the Supreme Sovereign Council for Integrity was a gateway to thwarting major waste operations and arresting those accused of manipulating public funds, in addition to drying up the sources of corruption through a package of changes that included dismissals and transfers in sensitive financial and investment sectors.

Both documents indicate the government’s determination to enforce the law and assert the power of the state. This constitutes the core of the program the government has presented since its formation.

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AN ECONOMIC EXPERT WARNS VIA NINA AGAINST REMOVING ZEROS… IRAQ NEEDS TO ELIMINATE THE CAUSES OF DEFICIT, WASTE, AND CORRUPTION.

Former MP and economic expert Hussein al-Falluji warned against rushing the implementation of the project to remove three zeros from the Iraqi dinar and replace the currency, stressing that “this measure will not raise the real value of the dinar, increase the purchasing power of citizens, or address the deep imbalances plaguing the Iraqi economy.”

In a statement to the National Iraqi News Agency , al-Falluji said , “Removing zeros is merely a nominal and accounting change to the monetary unit, whereby 1,000 dinars become one new dinar, while prices, salaries, deposits, and debts are changed proportionally, without any real increase in wealth or income.” 

He added, “The danger lies in presenting this measure to the public as an economic reform or a means to strengthen the dinar, while the strength of a currency is not determined by the numbers printed on it, but rather by the strength of production, the stability of public finances, the volume of exports and foreign reserves, confidence in the banking system, and the ability to control inflation and the deficit.” 

The economic expert pointed out that “replacing the currency under the current circumstances could lead to market instability, exploitation of the currency conversion process to artificially inflate prices, and increased speculation on the dollar and gold, in addition to the significant costs of printing the new currency, withdrawing the old, and upgrading banking and accounting systems and ATMs.”

He explained that “Iraq does not suffer from a crisis regarding the form of the dinar or the number of zeros, but rather from a structural economic and financial crisis, characterized by excessive reliance on oil revenues, inflated current expenditures and the public sector wage bill, weak non-oil revenues, poor collection of taxes, fees, and services, declining domestic production, and a weak private sector and banking system.” He emphasized that “removing zeros will not change this equation. If the state is spending 100 trillion dinars and collecting limited local revenues, after removing the zeros it will spend an additional 100 billion dinars, while the deficit and financial imbalance will remain the same.”

Al-Falluji called on the government and the Central Bank to refrain from seeking “emotional or propagandistic” measures that give the public a temporary impression of currency strength. Instead, he urged them to focus on a serious economic reform program that begins with reforming public finances, controlling spending, developing local revenues, reforming the dinar income cycle, developing the banking sector, stimulating industry and agriculture, and reducing dependence on imports.

He added, “Removing zeros should be a result of actual economic and monetary stability, not a superficial means of creating this stability. Iraq needs to eliminate the causes of deficits, waste, corruption, and weak production before removing zeros from its currency.” It is worth noting that government spokesman Haider al-Aboudi confirmed in a statement to the official newspaper that the government and the Central Bank of Iraq are adopting a flexible economic approach regarding the exchange rate policy of the US dollar against the Iraqi dinar, which currently stands at 1,557 dinars. Al- Aboudi explained in a press statement that “this policy is based on achieving the national interest and enhancing economic stability, and can be described as an exchange rate policy consistent with the requirements of economic growth.”


He pointed out that this approach seeks to achieve a carefully considered balance between the exchange rate and GDP, reflecting the true strength of the national economy and its structural characteristics, and ensuring the stability of macroeconomic indicators.

He explained that the monetary policy authorized by the Central Bank of Iraq under its law is consistent with the government’s general directions, which are based on strengthening economic solutions and activating the tools for sustainable growth. 

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THE GOVERNMENT REASSURES VIA AL-MADA: NO ZEROS WILL BE REMOVED AND THE CURRENCY WILL NOT BE AMENDED.

The Iraqi government reiterated that there are no plans to change the national currency or remove three zeros from the Iraqi dinar. It also denied any intention to resort to external borrowing to address current economic challenges, asserting that Iraq’s current situation is atemporary liquidity crisis, not a structural financial crisis.

Government spokesperson Haider al-Aboudi told Al-Mada in an exclusive statement that reports circulating about the imminent removal of three zeros from the Iraqi currency, a revaluation of the dinar, or an adjustment to the dollar exchange rate are not based on any official decisions. He emphasized that the government has no such plans at present.

Al-Aboudi explained that the existence of printed banknotes does not necessarily indicate any intention to change the currency or adjust its value. He pointed out that determining the monetary value and managing the money supply are governed by the monetary policy adopted by the Central Bank and relevant authorities, and that any decision concerning the exchange rate or the currency structure will be announced exclusively through official channels.

Regarding the financial situation, Al-Aboudi affirmed that the government does not intend to resort to borrowing, whether domestic or foreign, to address the current pressures. He explained that the challenges facing the country are related to temporary factors imposed by recent regional changes and their resulting economic repercussions, and do not indicate a comprehensive financial crisis.

He added that Iraq possesses significant economic potential and financial resources that enable it to overcome this phase, emphasizing that government agencies are continuously monitoring economic developments and taking the necessary measures to maintain financial stability and secure the state’s essential obligations.

The official spokesperson for the Council of Ministers stressed that the government has a range of alternatives to address the current financial pressures, confirming that the option of external borrowing is not on the table at present.
He pointed out that the Ministry of Oil is working according to a plan aimed at diversifying revenue sources and strengthening the state’s financial resources, noting that the ongoing exploration work in an oil well in northern Iraq may contribute to increasing public revenues in the future.

Regarding the issue of government appointments, Al-Aboudi explained that this matter is directly linked to the approval of the general budget. He indicated that the 2027 budget will adopt a “program budget” approach and will include coverage of essential financial obligations, primarily employee salaries.
Al-Aboudi also addressed the issue of combating corruption, emphasizing that the Integrity Commission and relevant executive bodies are continuing to audit and monitor various cases. He noted that the Prime Minister has issued directives to review all government contracts, in addition to decisions made during the last cabinet meeting, which included halting several projects that had reached approximately 50 percent completion, pending the completion of audits and evaluations.

Concerning administrative changes within state institutions, he clarified that the government views changes in positions as part of an administrative approach aimed at improving institutional efficiency and enabling them to perform their duties more effectively, rather than as a punitive measure. He affirmed that this approach will continue in a number of institutions, particularly security institutions.
Regarding the electricity sector, Al-Aboudi affirmed that the Prime Minister has placed it among the government’s top priorities for the coming period. He explained that the 2027 budget will give special attention to the energy and electricity sectors through programs and projects aimed at developing infrastructure and improving service levels.

The Iraqi economy relies heavily on oil revenues, which constitute between 90 and 95 percent of the general budget. This means that any decline in oil exports directly impacts the state’s ability to finance its operational obligations, particularly salaries, pensions, and social welfare, which require approximately 9 trillion Iraqi dinars monthly, equivalent to about $6.8 billion.

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AL-KINANI REVEALS A GOVERNMENT PLAN TO RAISE THE DOLLAR EXCHANGE RATE TO 165,000 NEXT SEPTEMBER.

On Sunday (June 21, 2026), MP Ahmed Salim Al-Kinani, from the State of Law Coalition, revealed an anticipated government plan to raise the exchange rate of the US dollar to between 160,000 and 165,000 Iraqi dinars per 100 dollars, instead of the current rate of 132,000 dinars.

Al-Kinani said in a press statement, which was followed by “Baghdad Today”, that “this measure, which is expected to be implemented in September of this year (2026), comes as a necessary step that the government resorts to in order to secure operational expenses, foremost among which are the salaries of state employees and allocations for the social welfare network.” 

Al-Kinani warned of the “direct negative repercussions of this decision on the living conditions of citizens, especially those with limited income.” 

He pointed out that “this trend will coincide with the imposition of additional customs duties of (15%) and a sales tax of (3%), which will negatively and directly affect the purchasing power of the Iraqi citizen as a result of the expected rise in prices.

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

                                             Just the FACTS!

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

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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1,643 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.

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      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.

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  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.

    Like

  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.

    Like

    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?

      Like

  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.

    Like

  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?……

    Like

  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.

    Liked by 1 person

  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.

    Liked by 1 person

  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

    Like

  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

    Like

    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.

      Like

  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…..

    Like

  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.

    Like

  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 ?

    Like

  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

    Like

  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.

    Like

  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 .

    Like

  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.

    Like

  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.

      Like

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