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:

October 6, 2026 Mnt Goat News Brief

Guten Tag everyone:

More news today. Some good news, some bad news. Let’s get started!

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!

___________________________________________

Matthew 25:40

“The King will reply, ‘Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me. ‘”

STATUS OF THE RV

As we move into October it is a new month to consider preserving the Latest Mnt Goat Newsletter. Have you already helped out? The Newsletter will only be published if my viewers support it. If you have not yet shown your appreciation, please try to help out for this month, but only if you can afford it.

Remember that I don’t need to publish anything for anyone. I do this because I care about the public and because I don’t agree with the bizarre, stupid stuff that is going on to wrongly promote this Iraqi dinar investment as a three-ring circus. Yes, there are many idiots making a lot of money off their nonsense, yet, I bring FACTUAL and HONEST news. Yes, some this news from time to time may not be what you want to hear, but it is the TRUTH. There are always surprises in this investment. This is not a get rich proposition as we learned now waiting for more than 23 years for it. So what if we have to wait maybe a bit more, it is worth it? This is a decision you must make. Believing lies is not going make it happen any sooner. This only brings yet more frustration and stress.

The modern-day prophet Kim Clement told us what God had to say about the Iraqi dinar many times when he was still alive. God does not lie. God also talked about peace that would finally come to the middle east. Prophets today tell us of the same message again as it grows near. We can clearly now see a path to this peace. I don’t know about you, but I see the Iraqi dinar revaluation as we travel down this path to peace. Can you see how it is all interconnected?

Click on picture to listen

There is something very mystical and spiritual about what is happening. This is the real effort that I believe God is trying to bring out to us. He is trying to use this investment to convert many of my readers. Do you believe yet in God? Can you see already what He is doing for us? This ‘shift’ is happening as the prophet Julie Green talks about daily to us.

A CONFESSION: I have to be honest to you. If you would had told me 23 years ago this all would have been playing out this way I would have not believed you. I would have said you were foolish. But God has proved me wrong over and over again. I too had some conversion upon me. I actually thought for sure we would have lost our gasthaus in 2020 during the COVID pandemic. My family and I prayed and prayed and God gave us what we needed. It is now four years later and we are still operating. Yes, business is slow, but we survive somehow. So, I too had my conversion and how can I deny God now? How can I deny the miracles in my life? I need every one of readers to understand that this investment goes way beyond just exchanging and maybe getting rich. It is much more than just a financial reset. God is using it to convert us all to his higher glory. God does not want to lose any souls. Yes, even the greediest of us will be saved if we truly believe it is God that is bringing this prosperity and abundance to us all.

____________________________________________

There is lots of news for this period of reporting. All the articles can be found in the Articles Section of today’s Newsletter. I am just going to point out the more important points to you to help you understand the minds of those involved.

WELCOME to October!

No, there is no RV yet and no one is exchanging their dinars in the U.S. or any country outside Iraq. It is all lies. I know this is FACTUAL for many reasons:

1. because U.S. Treasury OFAC sanctions are still in place and any bank would be crazy to handle the dinar at this point in time. Oh…. did I mention it is also ‘ILLEGAL’. Tell me something – why would any bank circumvent US Treasury sanctions, exchange your currency at risk? What would they do with it? The U.S. Treasury is NOT yet accepting this currency;

2. Iraq must first process the removal of the zeros (we all should know by now why).

If you remember the overall plan for exchanges in the U.S., the Treasury Dept. will be collecting our dinar through the banks, allowing them a spread, inventorying them for the CBI and then destroying most of them. A small amount will be returned to Iraq for inter-banking transactions, as needed. Remember we are outside Iraq and so different rules will apply to us than from inside Iraq during removing the zeros process. The money we receive in exchange is essentially to go to pre-paid oil credits from Iraq.

As we move into October it is a new month to consider preserving the Latest Mnt Goat Newsletter. Have you already helped out? The Newsletter will only be published if my viewers support it. If you have not yet shown your appreciation, please try to help out for this month, but only if you can afford it.

The modern-day prophet Kim Clement told us what God had to say about the Iraqi dinar many times when he was still alive. God does not lie. God also talked about peace that would finally come to the middle east. Prophets today tell us of the same message again as it grows near. We can clearly now see a path to this peace. I don’t know about you, but I see the Iraqi dinar revaluation along the way of this path. Can you see how it is all interconnected?

There is something very mystical and spiritual about what is happening. This is the real effort that I believe God is trying to bring out to us. He is trying to use this investment to convert many of my readers to his glory. Do you believe yet in God? Can you see already what He is doing for us? This shift is happening as the prophet Julie Green talks about daily to us.

A CONFESSION: I have to be honest to you. If you would had told me 23 years ago this all would have been playing out this way I would have not believed you. I would have said you were foolish. But God has proved me wrong over and over again. I too had some Godly conversion upon me. I actually thought for sure we would have lost our gasthaus in 2020 during the COVID pandemic. My family and I prayed and prayed and God gave us what we needed. It is now four years later and we are still operating. Yes, business is slow, but we survive somehow. So, I too had my conversion and so how can I deny God now? How can I deny the miracles in my life? The miracles of this investment?

I need every one of readers to understand that this investment goes way beyond just exchanging and maybe getting rich. If this is all you want you will surely be poor a short period afterwards once again. It is much more than just a financial reset. God is using it to convert us all to his higher glory. He is enriching us spiritually. God does not want to lose any souls. Yes, even the greediest of us will be saved if we truly believe it is God that is bringing this prosperity and abundance to us all.

_____________________________________

There is one article in particular that I have to first cover today. It is titled “THE IRAQI GOVERNMENT REASSURES MARKETS: THERE IS NO DECISION TO CHANGE THE CURRENCY OR REMOVE ZEROS.”

I need to clarify what this all important article is telling us today. This is chock-full of information for us investors. Just bear in mind that the liquidity issue has come to a new heightened urgency pitch, even more than when I last talked about it.

I quote from the article “A responsible government source confirmed on Wednesday that the Iraqi government is working on approving a package of measures to stimulate the economy and protect the purchasing power of citizens.”

In the past we learned that there is a needed law to conduct the removing of the zeros. In this last paragraph of this article today we see this again. This law is going to be part of a package of measures and will be presented to parliament soon.

I quote again – that “the government is seeking to address internal obstacles and stimulate commercial and productive activity, as well as facilitate the financing of productive projects and provide support to the private sector.”

Okay, so we read that there are obstacles to this package of measures. We read many articles in the recent past about alternatives to conducting the removing of the zeros. I presented this notion to you in my September 3, 2026 Newsletter. Was it more than just a notion? We know that the only solution is to remove the zeros and they know it. So why the hesitation to do it? They hesitate because they know it has to be followed very closely with the reinstatement to FOREX. Are all the other pieces also in place to move to FOREX? Think about this move to FOREX as the last ‘explosive’ piece. As an analogy: when you rig explosives you have to be careful. When you finally pull the trigger, everything has to be just right and in place to get the desired outcome.

Do you remember this Newsletter going back to early September? What did they tell us then? They said ‘advanced stages’ not ‘initial discussion phase.’ for removing the zeros. Then at that time my CBI contact told me they already had the draft law to conduct the project all written and ready for parliament. So they must already know what they are going to do and how they are going to do it. I firmly believe we may see the beginning of the project to remove the zeros begin in early January 2027, the beginning of a new fiscal year.

I quote again – “Regarding what is being circulated about changing the national currency, the source explained that “proposing a change of currency or removing zeros does not mean approving it or starting to implement it immediately,” stressing that “the file is still in the initial discussion phase and no official decision has been made about it yet.”

So, in this last statement we now have our answer. Did you read it? Seems to me they most probably we will wait until early 2027 to begin removing the zeros. But they did not tell us this even today. We will wait for more news to come. What is in this draft bill they are proposing?

He added that “strengthening confidence in the markets requires providing clear information and practical steps, along with close cooperation between the government, financial institutions and the private sector to alleviate pressures and improve economic performance.”

The government source, through the statement, called on all citizens, merchants and business owners to “deal calmly with the news circulating on social media, and to rely on news and information only from official sources.”

What I believe this last nugget of information is telling us is to be patient. BE CALM. It is coming but there is still some work to be done prior

Stay away from these crooked intel gurus on the internet. They are confusing you with over speculative statements. Listen to only official sources from Iraq. Oh boy, does this resonate with me. Is this not what I have been telling all my readers to do now for over a decade. Yes, it has been over a decade already since I formally began my Newsletter. Remember I began it when TNT Tony kicked me off his site in 2013 for challenging his nonesense. Yes, it is thirteen years already of bringing you HONEST news.

____________________________________

There is another article in today’s news that goes hand-in-hand with the news we just read. It is titled “CURRENCY SPOKESPERSON DENIES DINAR DEVALUATION RUMORS AMID MARKET PANIC”.

I quote from the article:

At a glance

Market Spokesperson Jabar Goran clarified that changing the exchange rate is an exclusive constitutional power of the Central Bank of Iraq, not the Ministry of Finance.
Contacts within the Parliamentary Finance Committee confirmed that the proposal is entirely speculative and has not been drafted into any formal bill.
Goran labeled a devaluation as “suicidal,” warning it would devastate living standards.

Unverified reports originating from an Iraqi MP claiming a proposed devaluation from 132,000 to 150,000 IQD per $100 triggered a massive parallel market panic

So, we can see from this news that false information cause harm to any economy. This also applies to us investors who over speculate on the timing of this investment. Please read again what this is telling us. The three points At a Glance.

It seems that whenever the dollar takes a rise there are politicians and economist who find the solution always in devaluing the dinar and revaluing the dollar. Do they not know that these hiccups are temporary. They happen solely because the dinar is still pegged exclusively to the dollar. So why wouldn’t hiccups effect it so much. It only stand to reason. My advise to Iraq – Then get off the sole peg to the dollar and execute Dr. Shabibi’s plan! 😊

So, in this most interesting article, we also find out the culprit as to why the dollar rose so much in the first place.

I quote from the article – “He further said that the ASYCUDA system fails to adequately facilitate trade by significantly delaying dollar allocations for merchants importing essential goods, forcing them to purchase dollars directly from the parallel market and thereby driving up demand.”

Yes, there is always a cause and effect relationship. But what if they merchants didn’t have to rely on the dollar so much to buy goods? What if they could use the dinar currency and oil was sold using only Iraqi dinars instead of US dollars. OH boy!!!!!

Once again will the CBI most likely devalue the dinar and bring the official rate to around 1500? I doubt it. As usual we go around and around on this issue every time there is a hiccup in the economy.

I quote from the article –

“The Central Bank of Iraq (CBI) has not issued any official statement regarding the matter so far. “

“However, the apex bank has previously and repeatedly reaffirmed its steadfast commitment to maintaining the official exchange rate at 1,320 IQD per dollar without any alterations.”

But this article says it all. It is titled “AN ECONOMIST ACCUSES “INFLUENTIAL PARTIES” OF FABRICATING THE DOLLAR CRISIS AND CALLS ON THE CENTRAL BANK TO INTERVENE URGENTLY.”

I quote “On Saturday, economist Abdul Rahman Al-Mashhadani accused influential parties of fabricating the current rise in dollar exchange rates in local markets, explaining that the goal of this rise is to achieve exorbitant profits for specific banks that are not subject to sanctions.”

Do you see now the harm that is being caused by staying on the sole peg to the US dollar. How much long can Iraq go on with this foolishness? Yes, it is exacerbating the corruption even more the longer they stay on it.

Enough said on this topic of devaluation…..

________________________________

Update on removing the factions:

I know, I know we are all getting bored with hearing so much about the disarmament of these factions inside Iraq. There are many articles in today’s news on this subject matter. Please feel free to go read them in the Articles Section. I will bring only a few to the surface for you today. The first is titled “AMERICAN MESSAGE TO THE BARZANI GOVERNMENT… WHAT DOES IT CONTAIN?”

So, we get this article about the Factions still remaining in Iraq and not disarming any time soon,” if ever, so they claim”. This is one last desperate attempt by Iran to control Iraq now that the Islamic Revolution Jehad regime is falling apart. What will happen to Hezbollah in Iraq when Iran does eventually fall. This will most likely not happen until after the US midterm elections. I think we are all adults and can understand why I am saying this? What does this article say to us?

“A responsible source in Sulaymaniyah province revealed on Tuesday the contents of an American message to the Kurdistan Regional Government, which he said included Washington’s options regarding the region’s status during the next phase.”

The source told Al-Maalomah News Agency that “Masoud Barzani’s government received a message carried by US envoy Tom Barak, which included two options with no third alternative:

1.the first is to integrate the region’s forces with the regular forces under the supervision of the federal government,

2.and the second is to stop the financial aid provided by Washington to the regional government, in addition to stopping the air support provided to the Peshmerga forces and protecting the region’s airspace from external attacks.”

The source indicated that “the gist of the message confirms that the Barzani government has no option but to respond to the demands of the Trump administration regarding the integration of Kurdish forces of all kinds into the regular forces, without any restrictions or conditions.”

He indicated that “the US administration threatened dire consequences that the Barzani government might bear if the message’s contents were not implemented on the ground.”

The second article is titled “THE (Iranian Factions) BRIGADES WILL BEGIN MONITORING IRAQI AIRSPACE TONIGHT AND THREATEN TO OVERTHROW THE GOVERNMENT AND CLOSE BORDER CROSSINGS.”

I first have to say ‘really’. These are very bold statements. Like statements trying to lur someone into a trap of some kind. Maybe like to trap Trump just before the midterms to take illegal actions of force against these factions. Remember the US was invited back into Iraq in 2014 to fight ISIS and this expired at the end of September 2026. This is why they had to pull out. Will Iraq make a new agreement to have them come back in to fight these factions? Let’s see what happens.

I quote from this article – “The security official of Kataib Hezbollah, Abu Mujahid al-Assaf, considered September 30 an occasion to celebrate “the expulsion of the American and NATO occupation at the hands of the resistance fighters,” and the beginning of achieving full sovereignty in the country.”

You have to remember that this is a contradiction for Hezbollah to say this since their presence proofs that Iraq still DOES NOT have full sovereignty as long as they still exist inside Iraq. yes, they are now the occupiers not the U.S. This withdrawal of NATO and the US forces had nothing to do with their efforts, get it?

“He warned Prime Minister Ali al-Zaidi against bringing down his government by all means, and threatened to close the border crossings with neighboring countries if the air embargo on Iran continues.”

So, we see Hezbollah is bringing the conflict with Iran into Iraq with these kind of statements. This is exactly why they can not continue to exist inside Iraq. They are threatening Iraq from actions the US is making against Iran. They want Iraq to pressure the US to stop the air embargo. Why do they want this? Go figure they want more ammo, weapons and food smuggled in. Iran is being choked.

He indicated that “the Islamic resistance will begin monitoring Iraqi airspace to ensure that it is not violated by hostile aircraft, and will first warn and then work to shoot them down, according to him.”

“Although former US President Barack Obama continued to boast about withdrawing his forces from Iraq in 2011, he was forced, under intense pressure, especially from the Iraqi government, to begin redeploying troops to Iraq.”

The third article is yet more alarming and it is titled “A FACTION DESCRIBES THE SURRENDER OF WEAPONS AS “DELUSIONS” AND THREATENS TO TARGET COUNTRIES IN THE REGION.”

“The “Companions of the Cave” faction, in a statement issued on the occasion of the withdrawal of the international coalition forces from Iraq, asserted that the issue of handing over weapons is merely “illusions,” while also issuing a threat to the countries participating in striking Iran.”

The faction said in a statement: “The issue of surrendering weapons is a delusion dreamt of by the weak, the humiliated, and the dollar slaves. Starting tonight, any foreign presence, whether on land or in the air, will witness a military response from us. This is a legitimate right guaranteed by international conventions to confront the occupation.”

Enough said on this topic…..

____________________________________

Is there any good news? As this drama with the factions continues, the banking reforms as reorganizing the banks in Iraq continues. If you recall the IMF and the World Bank, along side the consulting firms that came into Iraq, simply told the CBI there are too many banks and many are not following the banking laws. It is too ripe for corruption and too complicated to enforce the law. Based on these kinds of statements we learn today that the consolidation of many banks is taking place. Finally… some good news. We have been waiting for this news.

The article is titled “KURDISTAN MERGES 94 GOVERNMENT BANKS INTO NATIONAL BANK”

You can find the entire article here: link This is just snippet. Yes, it is finally a reality. Did this have to happen prior to the reinstatement?

At a Glance

The Kurdistan Region is consolidating 94 government banks as part of a wider banking sector restructuring.
Only four banks will remain in central Slemani during the current phase of the merger.
The National Bank is expected to eventually bring the remaining government banking operations under one institution.
Authorities aim to complete the merger and accounting procedures across Slemani by the end of 2026.

“The Kurdistan Region is undertaking a major restructuring of its government banking system, with dozens of state banks being consolidated ahead of the planned expansion of the National Bank.”

__________________________________

In this next article we find that there is still much work to be done with the economy. It is titled “A PARALLEL ECONOMY OPERATING OUTSIDE THE SYSTEM… AL-ZAYDI BEGINS A LONG JOURNEY TO REGULATE THE PRIVATE SECTOR AND THE LABOR MARKET.”

The Al-Zaidi government is moving to reorganize one of the largest economic blocs that has operated for decades outside the formal economy. This involves developing a national strategy for transitioning to the formal economy, aiming to broaden the private sector and bring hundreds of thousands of businesses, projects, and workers into the formal registration, social security, financing, and market system.

These are workers not paying taxes or social security. They also are not using the banks as they hide their income. Their money does not flow through the economy. This must be broken (changed) to get out of the rentier economy.

________________________________________

The other topic of concern is the 2027 budget.

Like I told all my readers there would be no 2026 budget. It would be rolled into the 2027 and it has. How foolish to track the 2026 even when we were half way through 2026 already and a new government was barely still in place. Oh…. but they thought the RV rate was going to be in it, hype, hype and more hype! So, once again today we see the rate is not in the 2027 as it uses the price per barrel of oil not the rate of the dinar. As usual Mnt Goat was right on target again…. 😊

Remember that the Iraqi fiscal year begins January 1^st not October 1^st, as many of the intel gurus tell you. The budget for the next year must be ready by the end of October and then passed in parliament by January 1^st ready to use. They are given 2 months to discuss and get it passed. This is has NEVER happened before as they always still argue over the budget way into the following year. They go with the 1/12 rule until it is passed. This greatly effects/impedes any real progress in Iraq as budgeted projects can’t be completed in such a short period remaining in the year when it does get passed easly enough in the year. There is so much left-over funds. Where does all this money go? It gets rolled into next year’s funding.

In the article today we hear again that the “program-based budget” in the annual budgeting effort may change all these budgeting delays and may finally get a decent budget completed and passed by the beginning of the fiscal year.

It is titled “MP: THE 2027 BUDGET WILL BE SENT THIS MONTH AND APPROVED BEFORE THE END OF THE YEAR”. Were they trying to tie a new budget to a new dinar rate that is reinstated. Was this going to be a convergence of events also tying it into the WTO full accension? Is this now spoiled with the lingering issues of the Iranian backed factions? Can they start anyhow the removal of the zeros project in early January anyhow?

Al-Moussawi told Al-Maalouma News Agency that “the Council of Ministers will send the proposed 2027 budget law to the House of Representatives during this month,” explaining that “the Parliamentary Finance Committee will immediately begin studying the budget and reviewing all its items upon its arrival so that it can be submitted for discussion and voting at the beginning of the tenth month.”

He added that “next year’s budget will be significantly different from its predecessors, as it will focus primarily on development programs and activating the productive sectors in the country, as well as reducing many unnecessary government spending items,” predicting that “the House of Representatives will pass the budget and vote on it definitively before the start of the new year.”

It is worth noting that the parliamentary finance committee hosted Finance Minister Faleh al-Sari last week to discuss key amendments to the draft budget law, including a detailed discussion of changing the current operating mechanism and transitioning to a “program-based budget.”

_______________________________________

SUMMARY

So, we take the bad news with the goods news today. We must get through it to get to it. Yes, someone moved our cheese again. What can happen between now and early January? I doubt if they can begin removing the zeros and most probably won’t until early 2027. Then will we still have to wait till June for the dismantling of the Iranian factions? I doubt that Iran will last much longer past mid-terms in the USA. What will Hezbollah do then to support themselves?

All the other news is very good. It shows progress. It may be not what we wanted to hear but banking reforms are essential to cleaning up the structure.

We know the fundamentals of what has to be accomplished to prevent much of the fraud and corruption still with the dollars. How can you ship plane loads of dollars into a country to meet their budget and then expect no corruption with all this paper currency around. So, this all has to change in the future too.

Again, I will say what if Iraq could sell its oil for dinars? Would this not force the international market to demand dinars? Would the US ever allow this or do they maintain the dollar dependency as leverage with Iraq? When can they finally end this necessity to have this leverage over Iraq? Is Al-Zaidi going to be their savior?

These are all questions closely related to see our RV. I am not saying that all these events must occur because remember Dr Shabibi was going to reinstate the dinar way back in 2013 and none of these banking reforms were in place nor any of these other measures done. So, anything can happen for these issues as long as SECRITY and STABILITY are achieved. We have been told over and over again these are the two main ingredients necessary for the reinstatement.

Now let me pose some questions in this regard:

Do you believe Iraq is more secure with terrorist factions occupying Iraq i.e. Hezbollah.

Do you believe the CBI will ever combat the parallel market to the point of making the two rates equal (parallel vs official CBI rate) ? Remember the parallel rate can be 2% below or above the official rate as acceptable by the IMF. So, we know it is recognized already they can most probably not be equal.

Do you believe the conflict with Iran is close to completed?

Remember we are dealing with Iraq and so things could change suddenly. There is also much more progress than what we read in the news. We don’t need a ‘perfect’ Iraq to have a reinstatement. Only to follow ‘the plan’ and get enough security and stability to attract investors to grow the economy. Remember that in 2013 ISIS had not yet attacked Iraq. That did not happen until 2014.

I firmly believe statements I hear from the IMF and the CBI that Iraq is to be the ‘financial center’ for the middle east. I don’t see how they can do this with a 1320 rate. Do you see now why president Trump is paying so much attention to the country?

____________________________________________

PRAYER WORKS: As I have declared so many times before. It is our prayers that will help this investment come to reality sooner than later. They are working and we must continue. We must continue to pray and pray harder than before even. Are we willing to even make this little of a sacrifice for God to tell him what we desire?

_______________________________________________

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

______________________________

________________________________________

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 tell us also of things happening in the background that either the main stream news media does not know about or the crooked news media refuses to talk about. They do this to keep us in the dark to continue the Trump hating senario and for us to keep thinking that nothing is changing, thus Trump is not successful. But it is just the opposite happening. The proof is all around us if we look for it.

Prophetic Words from the prophets: Julie Green

“Martial Law Is Not That Far Off “

Go to the 13:49 mark on the video. Given on Sept 22, 2026.

How many times does God have to bring this news to us before we listen?

I am bringing this to you so you don’t freak out when it occurs and understand why this has to happen and what it is truly accomplishing. My guess is the democrats will

try something to rig the elections come November. We are very close.

They are VERY. VERY desperate people!

“The Wolf Pack Will Make A Move They Will Soon Regret “

Go to the 10:08 mark on the video. Given on Sept 25, 2026.

Again God talks about martial law and rounding up those for treason. This time is VERY near. Will it come just after the midterm elections?

If you recall God told us through Julie Green at least twice already that he is taking the oil along with the gold and silver out of the hands of the enemy. The oil will SHIFT from the enemy’s hands. The U.S. and Israel will be shifted the oil. Remember God said everything will shift. This is the time of shifting. What happens when you shake things up? They SHIFT! God says ‘what can be shaken will be shaken’. This includes all the developed countries and also Iraq.

________________________________________________

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

I keep this one out here to view. Everyone should take the time to watch it. It will awaken you about the Muslim so-called religion (or should we call it for it is — a ‘cult‘.)

— 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.

AMERICA’S 7 NEW ENERGY BREAKTHROUGHS ARE SHOCKING THE ENTIRE WORLD!

Why is the news media not talking more about these new energy sources? Is it because they hate president Trump so much that anything of progress or innovation is kept silent from the citizens? Simply put, they don’t want Trump’s administration to succeed.

A BATTLE IRAN DOES NOT WANT THE WORLD TO SEE

EUROPE IS ON THE VERGE OF COLLAPSE

7 European Countries on the Edge of Collapse: The Alarming Truth Europe Doesn’t Want You to Know

NEW TACTICS OF THE LEFT, EXTREMIST, DEMOCRAT LIBERALS

This is the only way they can get votes – just lie to the American people. What they do once elected is appalling. But you get what you vote for….

There is also news Leavitt may be joining FOX News. This could be the best thing that could happen to FOX.

THE GLOBAL DEBT CRISIS HAS BEGUN (WHY GOLD IS FALLING FIRST)

I was in the dentist not long ago and the nurse and doctor joked about how many scams there were about how to make money. They mentioned the Iraqi dinar and laughed. Then I mentioned silver and how silver has the potential to rise suddenly. They made a joke about it and pretended it was just another money-making scheme off the internet. Remember silver climbed from $25 an ounce to over $100 in a short time and then settled back to over $70. It recently climbed again over $100. Soon $100 will be the new norm. There is just too much going on financially to reset that silver at $300 an ounce cannot be a reality soon. This is how these metals work.

Am I telling you to buy silver? No, I do not give financial advice only tell you what I know from what I read. Of course, if you buy silver now you would have to wait for it to climb again and again and go through it process of ups and downs again until it settled to a new norm. You already missed the first phase. Will you miss the second?

AMERICA’S NEW INVENTION COULD END OIL FOREVER

THE LARGEST SINGLE OIL RESERVE EVER DISCOVERED IN THE UNITED STATES

THE IRAQI GOVERNMENT REASSURES MARKETS: THERE IS NO DECISION TO CHANGE THE CURRENCY OR REMOVE ZEROS.

A responsible government source confirmed on Wednesday that the Iraqi government is closely monitoring the slowdown in buying and selling activity in local markets and is working on approving a package of measures to stimulate the economy and protect the purchasing power of citizens.

The source said in a statement published by the official agency and followed by “Iraq Observer”, that “the current economic challenges are not limited to Iraq alone, but most countries in the region are facing them as a result of the ongoing regional tensions and the closure of the Strait of Hormuz”, noting that “the government is seeking to address internal obstacles and stimulate commercial and productive activity, as well as facilitate the financing of productive projects and provide support to the private sector.”

Regarding what is being circulated about changing the national currency, the source explained that “proposing a change of currency or removing zeros does not mean approving it or starting to implement it immediately,” stressing that “the file is still in the initial discussion phase and no official decision has been made about it yet.”

The government source, through the statement, called on all citizens, merchants and business owners to “deal calmly with the news circulating on social media, and to rely on news and information only from official sources.”

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

CURRENCY SPOKESPERSON DENIES DINAR DEVALUATION RUMORS AMID MARKET PANIC

At a glance

Market Spokesperson Jabar Goran clarified that changing the exchange rate is an exclusive constitutional power of the Central Bank of Iraq, not the Ministry of Finance.
Contacts within the Parliamentary Finance Committee confirmed that the proposal is entirely speculative and has not been drafted into any formal bill.
Goran labeled a devaluation as “suicidal,” warning it would devastate living standards.
Unverified reports originating from an Iraqi MP claiming a proposed devaluation from 132,000 to 150,000 IQD per $100 triggered a massive parallel market panic.

The Slemani Currency Exchange Market spokesperson warned that recent unverified rumors of an official dinar devaluation to 150,000 IQD per $100 are triggering severe parallel market panic and volatility, labeling any such policy move as a “suicidal decision” for the economy.

Key Statements and Focus Area

Currency Market spokesperson Jabar Goran stated that the instability in local exchange markets “was triggered by statements from an Iraqi Member of Parliament claiming that the Minister of Finance discussed adjusting the exchange rate—devaluing it from 132,000 dinars to 150,000 dinars [per $100].”
“This inherently created a highly negative reflection on the market and caused a massive panic. However, this proposal has neither become a draft bill nor has it been presented to the members of the Parliamentary Finance Committee,” Goran affirmed.
A currency trader told Channel8 that “any rumor circulated in the market—whether accurate or inaccurate, and whether it drives up demand or supply—directly impacts individuals and traders alike.”

Briefing reporters in Slemani on Monday, including Channel8, spokesperson Goran stated that according to the constitution and the regulations of the Central Bank of Iraq, “these powers reside exclusively with the Central Bank.”

He noted that decisions of this nature require comprehensive analysis by Central Bank experts, adding, “a decision like this is never made haphazardly.”

“This would be a suicidal decision,” he stressed, adding that it would create a severe negative impact on the market and drastically lower the citizens’ standard of living.

“In my personal opinion, this decision will not be implemented,” he reaffirmed.

The spokesperson highlighted that “at a time when customs tariffs have already been increased on the public due to the ASYCUDA system, coming along and devaluing the currency on top of that would ultimately have a devastating impact on people’s lives.”

Goran confirmed that according to sources within the Parliamentary Finance Committee and the Central Bank, the exchange rate adjustment remains entirely speculative and has not been drafted into a formal legislative proposal.

Answering questions regarding the motives behind the circulated reports, he said that “the intention of the parliamentarians who circulated this news is either to gauge the public’s reaction first or, in one way or another, to manipulate the market.”

He called on media outlets not to broadcast this news until the source has been officially verified.

Meanwhile, a currency trader noted that the market witnessed intense volatility as the dollar rate surged past 160,000 IQD before retracing to 159,000 IQD, warning that the instability will persist until the Central Bank officially refutes the devaluation rumors.

He further said that the ASYCUDA system fails to adequately facilitate trade by significantly delaying dollar allocations for merchants importing essential goods, forcing them to purchase dollars directly from the parallel market and thereby driving up demand.

FYI

The instability in the parallel market across the Kurdistan Region comes as Iraqi Parliamentary Finance Committee member Dilan Ghafoor revealed that the draft 2027 budget proposes setting the exchange rate at 150,000 IQD per $100.

Lawmaker Ghafoor explained that this fiscal measure, developed by the Ministry of Finance, aims to completely eliminate the gap between official and parallel trading figures by aligning both rates at the 150,000 dinar threshold.

She added that while a principal agreement has been included in the initial budget draft to inject an additional 20 trillion dinars into state revenues, the adjustment is not yet final as it still requires formal approval and votes from both the Council of Ministers and Parliament.

The Central Bank of Iraq (CBI) has not issued any official statement regarding the matter so far.

However, the apex bank has previously and repeatedly reaffirmed its steadfast commitment to maintaining the official exchange rate at 1,320 IQD per dollar without any alterations.

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

AMERICAN MESSAGE TO THE BARZANI GOVERNMENT… WHAT DOES IT CONTAIN?

(Mnt Goat: So, first we get this article following closely by the next article from the Factions still remaining in Iraq and not disarming any time soon,” if ever, they claim”. This is one last desperate attempt by Iran to control Iraq now that the Islamic Revolution Jehad regime is falling apart.)

A responsible source in Sulaymaniyah province revealed on Tuesday the contents of an American message to the Kurdistan Regional Government, which he said included Washington’s options regarding the region’s status during the next phase.

The source told Al-Maalomah News Agency that “Masoud Barzani’s government received a message carried by US envoy Tom Barak, which included two options with no third alternative: the first is to integrate the region’s forces with the regular forces under the supervision of the federal government, and the second is to stop the financial aid provided by Washington to the regional government, in addition to stopping the air support provided to the Peshmerga forces and protecting the region’s airspace from external attacks.”

He indicated that “the US administration threatened dire consequences that the Barzani government might bear if the message’s contents were not implemented on the ground.”

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

THE BRIGADES WILL BEGIN MONITORING IRAQI AIRSPACE TONIGHT AND THREATEN TO OVERTHROW THE GOVERNMENT AND CLOSE BORDER CROSSINGS.

The security official of Kataib Hezbollah, Abu Mujahid al-Assaf, considered September 30 an occasion to celebrate “the expulsion of the American and NATO occupation at the hands of the resistance fighters,” and the beginning of achieving full sovereignty in the country.

He warned Prime Minister Ali al-Zaidi against bringing down his government by all means, and threatened to close the border crossings with neighboring countries if the air embargo on Iran continues.

He indicated that the Islamic resistance will begin monitoring Iraqi airspace to ensure that it is not violated by hostile aircraft, and will first warn and then work to shoot them down, according to him.

Obama brought the Americans back to Iraq in September 2014, and Trump withdrew them in September 2016. I do not believe Trump withdrew them. As we saw that he visited the troops in Kurdistan that Christmas time. Go figure more lies to bash Trump.

Although former US President Barack Obama continued to boast about withdrawing his forces from Iraq in 2011, he was forced, under intense pressure, especially from the Iraqi government, to begin redeploying troops to Iraq.

He announced this in a famous speech in the early hours of September 10, 2014, when ISIS artillery reached the outskirts of Erbil and continued its advance across Iraq. At that time, a major US contribution began in building an international coalition that provided fighter jet and artillery support, training, and advice throughout the war, which ended in the summer of 2017.

During this period, the number of US troops in Iraq reached 5,000, distributed across several bases throughout the country. With their withdrawal on Wednesday, their second deployment to Iraq will have lasted 4,491 days, or 12 years and 3.5 months.

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

THE PEOPLE OF THE CAVE WILL ALSO BE WATCHING THE SKIES OF IRAQ: WE WILL STRIKE ANY AMERICAN AIRCRAFT STARTING TOMORROW.

(Mnt Goat: it says 10 points but only gives eight)

After Kataib Hezbollah announced that it had begun monitoring the skies over Iraq in search of American aircraft on Monday (September 28, 2026), the Ashab al-Kahf faction announced on Tuesday (September 29, 2026) that it would monitor any American aircraft or any similar ground movement and would respond to it.

In a statement, which was monitored by Network 964 , the faction outlined ten points explaining the withdrawal of the international coalition forces:

First: The issue of surrendering weapons is a delusion dreamt of by the weak, the humiliated, and the slaves of the dollar.

Second: Starting tomorrow night, any foreign presence, whether on land or in the air, will be met with a military response from us. This is a legitimate right guaranteed by international conventions to confront occupation.

Third: What the terrorist “Tom Barrack” dreams of, which is to remove Iraq from the arena of the axis of resistance, is a difficult goal and will not be achieved. We will continue to participate according to the policy of the axis, and according to what is required by the ongoing battle between right and wrong, as described by the religious authority.

Fourth: Any country that participates in any aggression against the Islamic Republic must evacuate all its military and economic interests, and some of them should expect a response at any time, in revenge for the martyrs of the Popular Mobilization Forces.

Fifth: In the near future, we will unveil our new weapon that will please our friends and infuriate our enemies.

Sixth: We affirm that we are not subject to any political or partisan entity, and that our close ideological connection is to the religious authority; and whoever wants us to hand over our weapons, let him bring us a written text from it that requires that.

Seventh: We clarify that any hand that reaches out to our fighters will be cut off, and we will use weapons to defend our weapons against anyone, and we will not accept any humiliation, conspiracy, or infringement on our weapons, our existence, or our legitimacy.

Eighth: The brothers, the leaders of the Popular Mobilization Forces, must confront the conspiracies being hatched in the military decision-making office to weaken the Popular Mobilization Forces and pressure them to leave the vulnerable areas. We do not rule out that there may be pressures from “Tom Barrack” and Saudi influence in this office, and the wise understand what we are saying.

It is a jihad… victory or martyrdom.

Peace, mercy and blessings of God be upon you.

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

THE AMERICAN WITHDRAWAL FROM IRAQ: BETWEEN ILLUSION AND REALITY

One day later, on September 30, 2026, the withdrawal of the United States and international coalition forces from Iraq will reach its announced and final date. Thus, a military phase that has extended, in various forms, since 2003 will end, and the Iraqi state will enter a new phase in which it is supposed to bear greater responsibility for its security, its airspace, the pursuit of ISIS, and the protection of its institutions and borders.

But the problem begins precisely here, because the end of the foreign military presence does not necessarily mean the completion of sovereignty, and the departure of the forces does not automatically resolve the question of who possesses power, who decides to use it, and who has the ability to protect the state when it is threatened.

The official Iraqi discourse has treated September 30 as a moment of restoring sovereignty, a description that is politically understandable, but not sufficient from a strategic standpoint. Sovereignty is not merely the absence of foreign forces from the land, but rather the state’s ability to monopolize security and military decisions, protect its airspace, pursue armed groups outside its institutional structure, and prevent its territory from being used as a platform for others’ conflicts. Therefore, the day after the withdrawal will, in reality, be the most difficult test for the Iraqi state, not the end of the test.

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

A MEMBER OF PARLIAMENT CALLS FOR THE REMOVAL OF CORRUPT FIGURES AND THE OPENING OF MAJOR CASES WITHOUT FAVORITISM.

Member of Parliament Abdul Hamza Al-Khafaji called on Wednesday for oversight and judicial bodies to open and activate major pending financial and administrative corruption cases, stressing the need to pursue the big fish of corruption and recover the looted funds away from any pressures or political settlements.

Al-Khafaji told Al-Maalouma News Agency that “the current stage requires taking courageous and unconventional steps by the Integrity Commission and the Public Prosecution by immediately opening the huge files that witnessed the waste of billions in fictitious contracts and projects that affected vital and strategic sectors,” indicating that “financial corruption is no less dangerous than terrorism in undermining the pillars of the state and draining the people’s wealth.”

He added that “anti-corruption campaigns should not be limited to junior employees, but should reach the big bosses and influential parties who provided political cover for the waste of public money,” noting that “silence or procrastination in resolving these cases disrupts the development process and weakens public confidence in regulatory and executive institutions.”

Al-Khafaji stressed “the necessity of supporting the judiciary and investigative bodies to deter anyone who dares to infringe upon citizens’ rights and the country’s resources,” affirming that “the House of Representatives will firmly exercise its oversight role to ensure that those involved are exposed, brought to justice, and every dinar stolen from the state treasury is recovered.”

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

AL-ZAYDI ANNOUNCES THE END OF THE INTERNATIONAL COALITION’S MISSION AND AFFIRMS: NO WEAPONS OUTSIDE THE LAW.

On Wednesday, Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi presided over the official ceremony marking Sovereignty Day and the end of the mission of the international coalition forces fighting ISIS in Iraq, in the presence of the coalition forces commander and leaders of various military branches and security formations.

In a speech delivered on the occasion, the Commander-in-Chief of the Armed Forces announced the official end of the mission of the international coalition to fight ISIS, proving that cooperation between friendly forces and friendly peoples has resulted in a victory over one of the darkest chapters of extremism and brutality in history.

He added: “ The uprising of our people alongside our armed forces was the starting point for a phase in which our forces reorganized their command systems, were able to mobilize resources, unify efforts, and seize the initiative. Friendly countries also extended a helping hand to Iraq in that decisive confrontation, and our armed forces successfully reorganized and rearmed themselves. ”

He continued: “Throughout the years of the war on terror, the Joint Operations Command has been the heart of coordination, and the mind that gathers information and carries out planning and leadership within a major national battle.”

He added: We extend our thanks and appreciation to all the friendly countries that participated in the international coalition, and to its leaders, officers, trainers and advisors who worked alongside our security forces.

He explained that the end of the international coalition’s mission does not mean the end of our battle with terrorism, but rather that Iraq is moving to a stage in which it assumes full responsibility for its security and stability, and the transfer of joint operations tasks to the office of the Commander- in-Chief of the Armed Forces embodies an institutional formula for managing this effort under the authority of the state and its supreme leadership.

He continued: A new phase has begun, characterized by Iraq’s sovereignty, the strength of its institutions, the readiness of its forces, the unity of its decision, and balanced partnerships with its friends. Security cooperation will remain an open path with friends from the international coalition and will be more effective and focused.

He explained: Cooperation will involve employing technology and digital techniques to serve the goals that support security and stability. The mission has ended in victory, and the responsibility for protecting this victory now rests on all of us.

He concluded his statement with, ”No weapons outside the umbrella of the law, and no power outside the institutions of the state, in accordance with what the constitution stipulates, what our wise leadership has called for , and what our people want.”

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

A FACTION DESCRIBES THE SURRENDER OF WEAPONS AS “DELUSIONS” AND THREATENS TO TARGET COUNTRIES IN THE REGION.

The “Companions of the Cave” faction, in a statement issued on the occasion of the withdrawal of the international coalition forces from Iraq, asserted that the issue of handing over weapons is merely “illusions,” while also issuing a threat to the countries participating in striking Iran.

The faction said in a statement: “The issue of surrendering weapons is a delusion dreamt of by the weak, the humiliated, and the dollar slaves. Starting tonight, any foreign presence, whether on land or in the air, will witness a military response from us. This is a legitimate right guaranteed by international conventions to confront the occupation.”

He added that what Tom Barak dreams of, which is removing Iraq from the arena of the axis of resistance, is a difficult goal and will not be achieved. We will continue to participate according to the policy of the axis, and any country that participates in any aggression against the Islamic Republic must evacuate all its military and economic interests, and some of them should expect a response at any time, in revenge for the martyrs of the Popular Mobilization Forces.

He continued, ” In the near future, we will unveil our new weapon that will please our friends and anger our enemies. We affirm that we are not subject to any political or partisan authority, and that our close ideological connection is with the religious authority. Whoever wants us to hand over our weapon, let him bring us a written text from it that requires this.”

He added: The leaders of the Popular Mobilization Forces must confront the conspiracies being hatched in the military decision-making office to weaken the PMF and pressure them to leave the vulnerable areas. We do not rule out that there may be pressure from Tom Barrack and Saudi influence in this office.

The US Department of Defense, the Pentagon, announced this morning that the United States and its partners in the international coalition have officially concluded Operation Inherent Resolve in Iraq.

Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi also sponsored the official ceremony on the occasion of Sovereignty Day and the end of the mission of the international coalition forces to fight ISIS in Iraq, and stressed that “there is no weapon outside the umbrella of the law, and no force outside the institutions of the state, in accordance with what the constitution stipulates and in accordance with what our wise religious authority called for and what our people want.”

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

TWO WITHDRAWALS SEPARATED BY A RETURN: IRAQ FACES A TEST OF SECURITY AND WEAPONS.

In December 2011, the last American convoy crossed the Iraqi border into Kuwait, ending a military deployment that began with the invasion of Iraq. Nearly fifteen years later, Washington announced on Wednesday the end of another mission in the country, this time from Erbil Air Base, from which coalition forces and equipment departed.

Between the two departures, US forces returned to Iraq to fight ISIS, and their size and role changed, while the state’s ability to manage its security remained the most pressing question after the departure.

When President Barack Obama announced the withdrawal of his forces on October 21, 2011, there were about 39,000 American soldiers still in Iraq. In September 2024, when the plan to end the coalition mission, which was to be completed under President Donald Trump, was announced, the size of the declared American force was about 2,500 soldiers.

The two figures do not refer to the number of people who left on the last day of each withdrawal, as the 39,000 were what remained in 2011 from a much larger deployment leading to a complete withdrawal.

The difference in numbers reveals the difference in missions. Obama’s withdrawal came at the end of a war launched by the United States in 2003 to overthrow Saddam Hussein’s regime, while today Washington is ending its military role within a coalition that was formed after the fall of Mosul to ISIS in 2014.

In both cases, the withdrawal of the forces was preceded by the announcement of the end of their combat role, in 2010 in the first case, and at the end of 2021 in the second, when the coalition’s mission officially shifted to advising and assisting.

The deadline that Obama fulfilled was set before he took office. The security agreement concluded by President George Bush and Prime Minister Nouri al-Maliki in 2008 stipulated the withdrawal of American forces by the end of 2011, and negotiations later faltered on keeping an additional force, especially regarding the legal protection of American military personnel.

In his speech announcing the withdrawal, Obama promised a normal relationship between two sovereign states and said that his country would continue to explore training and equipping Iraqi forces. However, the fall of Mosul less than three years later prompted Baghdad to request international military assistance, and American forces returned under the leadership of a new coalition.

The initial withdrawal alone is not enough to explain the rise of ISIS, as it was intertwined with Iraqi political and security crises and the war in Syria. Nevertheless, the return of troops in 2014 made the question of the capabilities of the Iraqi army and the continuation of intelligence support an inseparable part of any discussion of a subsequent American withdrawal.

The second withdrawal plan also began under a president who preceded the one completing it. In September 2024, the Joe Biden administration and the government of Mohammed Shia al-Sudani agreed to end the coalition’s military mission in Iraq by September 2025, while continuing to support operations against ISIS in Syria launched from Iraq until at least September 2026, depending on field conditions and consultations.

After the evacuation of coalition sites in federal areas, including Ain al-Asad base, according to the announcement by the Iraqi Supreme Military Committee last January, the sites in the Kurdistan Region remained the last stop.

A U.S. military official said most of the remaining troops would be redeployed to Jordan and other countries in the region, and that the equipment being moved included air defense systems.

The Pentagon announced today the end of Operation Inherent Resolve in Iraq, saying that the withdrawal of troops and equipment from the Erbil base represents the end of the coalition’s military mission in the country, but stressed that targeted training and intelligence support for Iraqi partners will continue, while Iraqi forces take the lead in operations aimed at securing the country and pursuing ISIS cells.

In Baghdad, Prime Minister Ali al-Zaidi celebrated the end of the mission in the presence of the coalition forces commander and Iraqi military leaders. He said that the end of the military coalition’s presence did not mean the end of the confrontation with terrorism, and pledged to continue security cooperation with the countries that participated in it.

Al-Zaidi had described September 30, during his meeting with the commander of the US Central Command, Admiral Brad Cooper, in August, as the deadline for departure. US Secretary of Defense Pete Hegseth also confirmed, during his talks with the Prime Minister in Washington, his country’s commitment to implementing the 2024 understandings.

However, the end of the military mission inside Iraq does not end the international coalition as a framework for confronting ISIS. In an exclusive statement to Shafaq News at the end of August, a senior White House official spoke of reducing military operations and transitioning to a permanent bilateral security partnership.

The form of this partnership, particularly what Washington will provide in terms of training, information, maintenance and armament, remains subject to arrangements agreed upon by the two countries after the departure. The departure of the coalition forces remains separate from the presence of Turkish forces, as Baghdad and Ankara announced an agreement to gradually hand over the Bashiqa-Zilkan camp to the Iraqi government according to an agreed mechanism and timetable.

With the coalition’s departure, Baghdad’s attention is turning to the issue of weapons, which some factions have linked to the American withdrawal. MP Abu Turab al-Tamimi told Shafaq News Agency that the government can resolve the issue if the withdrawal is completed, and suggested that there are understandings with Washington that help it to do so, without providing details to prove this assessment.

On the other hand, a source within the coordination framework warned that setting a deadline could complicate negotiations with the faction leaders. The government’s deadline for restricting weapons does not end today. The plan presented by Al-Zaydi begins with the factions refraining from launching attacks for 90 days, followed by the process of handing over weapons, to be completed by June 30, 2027.

This leaves approximately nine months between the end of the coalition’s mission and the announced date for completing this file. Discussions about weapons are taking place in more than one direction. Al-Tamimi distinguished between two draft laws concerning the structure of the Popular Mobilization Forces and the service and retirement of its members, and the “sovereignty” proposal related to regulating the weapons of the factions and the mechanism for managing them in coordination with the Popular Mobilization Authority.

In response to Shafaq News, the US State Department said it supports al-Zaidi’s efforts to extend state authority and prevent attacks inside or from Iraq. Miles Caggins, the former military spokesman for the international coalition, believes that the agreement between Baghdad and Washington and the decline in ISIS’s ability to control territory paved the way for the withdrawal, along with the political pressure exerted by pro-Iranian parties to end the American presence.

According to his assessment, training, advice, and cooperation in the maintenance of F-16 fighter jets and C-130J aircraft can continue without a permanent deployment of US forces at Iraqi bases. Kagenz says Washington is not asking Iraq to close its borders with Iran, but wants to limit what he describes as Tehran’s influence within Iraqi institutions and the activities of armed groups supported by it.

He believes that bringing these groups under state control is more difficult than disarming them of their missiles and drones because they have political, economic, and social networks. He warned of potential American retaliation if attacks on American and international interests, or on the Kurdistan Region and neighboring countries, continue.

In the Kurdistan Region, the immediate concern is what will replace the coalition’s capabilities, and days before the withdrawal date, the head of the Kurdistan Democratic Party, Masoud Barzani, warned against a repeat of what followed the withdrawal of US forces in 2011.

In a television interview, he recalled the discussions from that year regarding the ability of Iraqi forces to protect the country, expressing his fear of a return to the scenario of ISIS’s rise, although he acknowledged the difference in current circumstances.

In contrast, the Prime Minister of the Kurdistan Region, Masrour Barzani, stated in remarks republished by his office on September 27 that the withdrawal comes at a sensitive time and that leaving the region without defensive systems is a cause for concern. Today, he thanked the coalition countries, affirming the readiness of Iraqi forces and the Peshmerga to face the challenges after the mission’s conclusion.

Kurdish leader Sirwan Barzani also warned, in an interview with Reuters, of the impact of losing intelligence, logistical support and drones.

In contrast, the spokesman for the Commander-in-Chief of the Armed Forces, Major General Sabah al-Nu’man, said that Baghdad is close to obtaining air defense systems from South Korea, Turkey and the United States, as part of plans that include protecting the region’s airspace. In his speech today, Al-Zaidi linked the end of the coalition’s mission to Iraq assuming full responsibility for its security.

He said: “There is no weapon outside the umbrella of the law, and no power outside the institutions of the state.” His government will have until next June to implement the timetable it set for inventorying weapons, after the last coalition soldiers left their Iraqi bases.

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

FOREIGN MINISTER: THE PLAN TO RESTRICT WEAPONS WILL BE PRESENTED IN THE COMING DAYS.

Foreign Minister Fuad Hussein said that the government’s plan to restrict weapons will include specific timelines for implementation, noting that the deadline for its completion will be in June of next year.

The Ministry of Foreign Affairs’ media office stated in a statement that “the Atlantic Council in the American capital, Washington, hosted on Wednesday, the Minister of Foreign Affairs, Fuad Hussein, in a dialogue session entitled ‘Iraq after September 30,’ moderated by Victoria Taylor, Director of the Iraq Initiative and the Syria Project at the Council.”

He added that “the dialogue addressed the latest political and security developments in Iraq and the region, the prospects for Iraqi-American relations, the future of security cooperation, and efforts to combat the ISIS terrorist organization.”

He continued: “He also discussed Iraq’s position on regional conflicts, the impact of sanctions imposed on Iran on Iraq and its economic relations, as well as the Iraqi government’s efforts to restrict weapons to the state and to deal with the issue of armed factions.”

In this context, the minister explained, according to the statement, that “the Iraqi government has prepared a draft plan to restrict weapons to the state, which is scheduled to be presented in the coming days, and will include specific timeframes for its implementation,” noting that “the Prime Minister announced that the final date for completing the plan will be in June of next year.”

He added that “the dialogue also touched on border security and developments in Syria and their repercussions on Iraqi national security, in addition to discussing opportunities to strengthen economic relations between Iraq and the United States, and encouraging American companies to invest in Iraq, which would contribute to expanding the prospects for economic and trade cooperation between the two countries.

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

AL-HASNAWI: WE ARE READY TO PASS THE POPULAR MOBILIZATION FORCES LAW WITHOUT ANY COMPROMISES OR BARGAINING.

MP Mohammed al-Hassnawi, from the Rights Movement, confirmed the intention and determination to pass the Popular Mobilization Forces (PMF) law in Parliament, away from any political bargaining or compromises, after the government announced the completion of the law and placed the onus on Parliament.

Al-Hassnawi told Al-Maalouma, “The PMF law will be passed in Parliament, and it will absolutely not be allowed to become a bargaining chip or subject to political maneuvering, given that this group defended Iraq and protected its land and honor.”

He added, “Voting and passing the PMF law is not a favor or a gift from the Parliament to this large segment of society that has sacrificed for the nation. No one will be allowed to claim that passing this law is a charitable act towards the PMF.”

He explained that “the law will be passed in Parliament as soon as it arrives from the government, despite some dissenting voices that do not wish Iraq well and seek to keep its sovereignty incomplete,” noting that “there is a strong push to pass the PMF law and keep it out of the realm of political maneuvering.”

The Cabinet voted during its last session to approve the Popular Mobilization Forces Law in order to send it to the Council of Representatives for review, discussion, and legislation, after the government failed to pass the law during the previous parliamentary session. Iraqtravel guides

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

COORDINATION FRAMEWORK: ENDING THE OCCUPATION IS A NATIONAL ACHIEVEMENT, BUT SOVEREIGNTY IS INCOMPLETE WITHOUT LIBERATING THE ECONOMY.

Ali al-Zubaidi, a member of the Coordination Framework, affirmed on Wednesday that the evacuation of American forces and the end of their military presence represents a national achievement and a long-overdue entitlement, given the record of catastrophic crimes and violations committed by the occupation army since 2003. He stressed that the restoration of national sovereignty will remain incomplete unless the withdrawal is accompanied by ending the financial dependence on American hegemony and regaining full control over Iraqi airspace.

Al-Zubaidi told Al-Maalouma News Agency that “the American presence was and still is the root cause and basis for the crises and setbacks that have plagued Iraq throughout the past two decades,” explaining that “Washington possesses a military destruction machine capable of overthrowing regimes by brute force, but it has proven a resounding failure and complete inability to manage the state, which has plunged the country into systematic chaos and enabled the occupation to exploit Iraqi airspace, along with the airspace of neighboring countries, to carry out repeated attacks against Iran in flagrant violation of international laws.”

He added that “the American military withdrawal is an urgent and deserved step, but it requires the government to complete the pillars of sovereignty by liberating the economic and financial decision from the restrictions and hegemony of the American Federal Reserve,” noting that “talk of the return of sectarian conflict or the outbreak of a civil war after the departure of the occupier is nothing but misleading promotion and a losing bet that is refuted by the reality of the cohesion and coexistence of the established mujahideen and intermarriage among all segments of the Iraqi people, and that any tensions that may arise are limited to narrow political squabbles and conflicts only.”

Earlier, Mu’in al-Kadhim, a member of the Coordination Framework and former MP, affirmed that the Islamic Resistance in Iraq played the largest and most fundamental role in forcing the American occupation forces to leave Iraqi territory, emphasizing the rejection of any attempts to maintain foreign forces under any name or new pretext.

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

FINANCIAL OVERSIGHT ON “EVERY DINAR” IN IRAQ… THE ALLOCATIONS AUTHORITY REVEALS MECHANISMS FOR MONITORING FUNDS.

The Federal Revenue Allocation Monitoring Authority confirmed today, Saturday, that the flow of funds in the Iraqi treasury is subject to continuous monitoring and supervision, starting from their allocation to the stages of disbursement and utilization.

The head of the authority, Susan Abdullah, stated in a statement followed by the news agency that the authority plays a role of “early warning against corruption” by monitoring allocations and overseeing the funding provided by the Ministry of Finance to ministries and provinces, in addition to tracking the expenditures of funds and verifying sources of federal revenues.

Abdullah clarified that the authority has identified several corruption files and referred them to the competent bodies, including the Integrity Commission, the judiciary, and the Board of Supreme Audit. She emphasized that the authority’s work does not conflict with the tasks of the Board of Supreme Audit, but rather comes within the framework of integration among oversight institutions, confirming that the authority monitors funds before they are disbursed and also oversees their usage after disbursement.

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

MP: THE 2027 BUDGET WILL BE SENT THIS MONTH AND APPROVED BEFORE THE END OF THE YEAR

Member of Parliament Mohammed Al-Moussawi revealed on Saturday the expected date for sending the proposed federal general budget law for 2027 to Parliament, stressing that there is a governmental and parliamentary trend to reduce expenditures and activate the productive sectors.

Al-Moussawi told Al-Maalouma News Agency that “the Council of Ministers will send the proposed 2027 budget law to the House of Representatives during this month,” explaining that “the Parliamentary Finance Committee will immediately begin studying the budget and reviewing all its items upon its arrival so that it can be submitted for discussion and voting at the beginning of the tenth month.”

He added that “next year’s budget will be significantly different from its predecessors, as it will focus primarily on development programs and activating the productive sectors in the country, as well as reducing many unnecessary government spending items,” predicting that “the House of Representatives will pass the budget and vote on it definitively before the start of the new year.”

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

IRAQ IS THE THIRD LARGEST ARAB COUNTRY IN TERMS OF GOLD HOLDINGS DURING THE MONTH.

Data from the World Gold Council for September 2026 showed that the total gold reserves of the Arab countries listed in the table of the top 100 holders amounted to 1,649.1 tons. Businessnews alerts

Saudi Arabia topped the list of Arab countries with reserves of 323.1 tons, followed by Lebanon with 286.8 tons, then Iraq with 175.6 tons, Algeria with 173.6 tons, and Libya with 146.7 tons.

The list also included Egypt with 129.7 tons, Qatar with 116.2 tons, Kuwait with 79 tons, Jordan with 77.8 tons, the UAE with 74.5 tons, Syria with 25.8 tons, Morocco with 22.1 tons, Tunisia with 6.8 tons, Oman with 6.7 tons, and Bahrain with 4.7 tons.

The total gold reserves of all countries and entities listed in the table of the top 100 holders amounted to approximately 36,478 tons, with the holdings of Arab countries, amounting to 1,649.1 tons, constituting approximately 4.52% of the total gold listed in the table.

The World Gold Council’s table includes the top 100 gold holders, and in addition to countries, it includes some official institutions. The Council’s data shows that the data sources include central banks, the International Monetary Fund, and other official sources.

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

AL-ZARKOUSHI: FOUR NAMES ARE ON THE TABLE FOR DECIDING THE MINISTRIES OF INTERIOR AND DEFENSE… AND THE DECISION AWAITS CONSENSUS AND VOTING.

Member of the Coordination Framework, Abdul Samad al-Zarkoushi, confirmed on Friday that four names have been put forward as candidates for the Ministries of Interior and Defense, noting that the final selection of candidates will be made through political consensus and a vote in Parliament.

Al-Zarkoushi explained to Al-Maalouma that “the Ministries of Interior and Defense are important sovereign security ministries, and they shape the management of the security file in the country in general.”

He added that “four names have been put forward so far for the two ministries, including three high-ranking officers, and it is not possible at this time to definitively say who will head each ministry, as the matter is subject to political agreement and the presentation of names to Parliament.”

He indicated that “all signs point to the remaining ministerial portfolios in Ali al-Zaidi’s government being finalized in the coming days, given the intensified meetings scheduled for next week.”

He pointed out that “the intensified meetings may pave the way for scheduling a parliamentary session to proceed with presenting and finalizing the names of candidates for the nine remaining ministerial portfolios, particularly the Ministries of Interior and Defense.”

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

AL-KHAFAJI TOLD: THE CABINET WILL BE FINALIZED AND VOTED ON NEXT THURSDAY.

Member of Parliament Miqdad al-Khafaji predicted that the cabinet formation process would be finalized and voted on in Parliament next Thursday.

Al-Khafaji told Al-Mada in an exclusive interview that “the end of this week will be the expected date for finalizing the cabinet and voting on it.” Regarding the most prominent candidates, he explained that several names were put forward during the negotiations, but none of them has been definitively decided yet, noting that an agreement has been reached on most of the names put forward.

(Mnt Goat: I have lost track of how many times they have told us this already…lol..lol..lol.. ☹)

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

IRAQ PROPOSES MAJOR DINAR DEVALUATION IN 2027 BUDGET

At a Glance

The draft 2027 budget proposes setting the official exchange rate at 150,000 IQD per $100 to eliminate the gap with the parallel market.
MP Dilan Ghafoor said fixing the dollar rate at this level is projected to inject an additional 20 trillion dinars into national revenues, bringing the total estimated budget to 218 trillion dinars.
The draft bill benchmarks the budget on an estimated crude oil price of $58 per barrel.
While public employee salaries are secured in the draft, other KRG demands remain unresolved.

Iraqi Parliamentary Finance Committee member Dilan Ghafoor, quoting Minister of Finance Faleh al-Sari, stated that the value of $100 has been set at 150,000 dinars in the draft 2027 budget, adding that there are numerous unresolved issues regarding the rights of the Kurdistan Region in the draft bill.

Key Statements and Focus Area

MP Dilan Ghafoor told Channel8 that according to the decision, the gap between the official exchange rate and the parallel market rate will be eliminated.
Ghafoor noted that the committee’s meeting with the Finance Minister was dedicated entirely to gathering comprehensive details on the draft budget bill, emphasizing that the dollar exchange rate was discussed as one of the most critical aspects of the budget.

Speaking to Channel8, Lawmaker Ghafoor said that if the decision is implemented, both the parallel market rate and the official government rate will align at 150,000 dinars.

She stressed that fixing the dollar rate at 150,000 dinars will inject an additional 20 trillion dinars into the budget revenue.

Ghafoor also clarified that the approval and vote of the Council of Ministers and Parliament are required; although the Ministry of Finance has thoroughly studied the matter, “it does not mean this is a final decision. Principal agreement, however, is included in the draft.”

The lawmaker confirmed that the total estimated draft budget will reach 218 trillion dinars. The Next year’s draft budget is estimated at 200 to 240 trillion dinars, with the Kurdistan Region requesting roughly 29 trillion dinars.

This proposed allocation is intended to cover KRG public employee salaries, job promotions, new hires, and the permanent integration of contract teachers and civil servants.

Ghafoor highlighted that, thus far, only the salaries of the Kurdistan Region’s public employees have been secured in the draft budget, adding that all other demands from the Kurdistan Region remain under discussion, with no guarantees provided yet.

She underlined that it is critical for the Kurdistan delegation to remain continuously engaged in Baghdad at this stage to resolve outstanding budget issues with the Iraqi government and effectively lobby for its interests.

While the Central Bank of Iraq (CBI) has historically resisted shifting its formal baseline from the 1,300 to 1,320 range to protect domestic purchasing power, intense pressure from the Ministry of Finance may force the bank to administer this shift.

If the draft budget passes, the administrative realignment will allow the ministry to convert oil dollars into a higher volume of local currency, though financial experts warn it could cause an immediate spike in consumer inflation and drive parallel market rates past 160,000 dinars per $100.

Concurrently, the draft 2027 general budget law is under evaluation by the Iraqi Cabinet and is slated for official submission to parliament by mid-month.

The Kurdistan Regional Government is demanding a full 14.14% share of the 2027 federal budget, calculated using recent census data to expand funding beyond public salaries into regional investment and infrastructure projects.

(Mnt Goat: I can tell everyone that this shift to 150,000 dinar per 100 dollars is NOT going to change the parallel market. The parallel market will only shift along with it and this move may bring the parallel market even higher at upwards of 160,000 to 175,000 to dangerous levels. There is only one (1) way for certain to deal with the parallel market and that is to eliminate not let it exist any longer. This can only be done by repegging to a basket of currencies and getting off the sole peg top the dollar. But they can’t make this repeg until they go back to FOREX. Do you see the process? Why don’t they just do it? Well….. first they have to remove the zeros. Also by repegging the rate of the dinar is set to rise significantly.)

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

AN ECONOMIST ACCUSES “INFLUENTIAL PARTIES” OF FABRICATING THE DOLLAR CRISIS AND CALLS ON THE CENTRAL BANK TO INTERVENE URGENTLY.

On Saturday, economist Abdul Rahman Al-Mashhadani accused influential parties of fabricating the current rise in dollar exchange rates in local markets, explaining that the goal of this rise is to achieve exorbitant profits for specific banks that are not subject to sanctions.

Al-Mashhadani told Al-Maalouma that “the local market is witnessing clear confusion due to the unjustified rise in exchange rates,” calling on the Central Bank of Iraq to “conduct a real and urgent review of the monetary policy mechanisms currently in place.”

He added that “it has become necessary for the Central Bank to intervene immediately and inject sufficient quantities of foreign currency (dollars) to save the market and curb speculators,” while warning of “the continued rise in exchange rates and the worsening of the crisis if the situation remains as it is without radical solutions.”

Economist Dirgham Muhammad Ali had previously confirmed to Al-Maalomah that the main reason behind the rise in the dollar exchange rate was related to the withdrawal of Al-Taif Bank, which is a major official gateway for dollars entering the country through the Western Union network.

(Mnt Goat: Yes, we witness that there is always a reason behind any rise. Then they do a knee-jerk recation and always want to raise the official rate to some crazy rate. Simply put the CBI is NOT going to go a long with it. They haven’t in the past and will not now.)

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

A PARALLEL ECONOMY OPERATING OUTSIDE THE SYSTEM… AL-ZAYDI BEGINS A LONG JOURNEY TO REGULATE THE PRIVATE SECTOR AND THE LABOR MARKET.

The Al-Zaidi government is moving to reorganize one of the largest economic blocs that has operated for decades outside the formal economy. This involves developing a national strategy for transitioning to the formal economy, aiming to broaden the private sector and bring hundreds of thousands of businesses, projects, and workers into the formal registration, social security, financing, and market system.

The figures reveal the scale of the challenge facing this transformation. The latest national labor force survey showed that 66.6% of all workers in Iraq are employed in the informal sector, while approximately 54.8% of the total workforce is employed within the informal sector. Another study, conducted jointly by the Ministry of Planning and the United Nations Development Programme, indicated that around 80% of the Iraqi private sector operates informally.

The most recent step in this process began with the formation of the National Steering Committee for the Transition to the Formal Economy. At its first meeting last August, the committee approved a roadmap for developing the national strategy. Subsequently, in early September, the first national workshop was held in Baghdad, with the participation of 39 representatives from government institutions, employers, workers, and experts from the International Labour Organization.

The committee includes the Ministries of Planning, Labor, Trade, Finance, Industry, Agriculture, and Reconstruction, along with the Central Bank, the Statistics Authority, the Private Sector Development Council, and federations of chambers of commerce, industries, and trade unions. Its aim is to address the informal economy as a complex economic, financial, and social issue, rather than simply a process of registering companies and workers.

In practice, informal employment means that a large segment of the Iraqi population works without adequate social security or formal employment arrangements. The International Labour Organization estimated in 2024 that there were more than five million workers without social security coverage, in addition to hundreds of thousands of private sector companies operating informally.

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

KURDISTAN MERGES 94 GOVERNMENT BANKS INTO NATIONAL BANK

You can find the entire article here: link This is just snippet.

At a Glance

The Kurdistan Region is consolidating 94 government banks as part of a wider banking sector restructuring.
Only four banks will remain in central Slemani during the current phase of the merger.
The National Bank is expected to eventually bring the remaining government banking operations under one institution.
Authorities aim to complete the merger and accounting procedures across Slemani by the end of 2026.

The Kurdistan Region is undertaking a major restructuring of its government banking system, with dozens of state banks being consolidated ahead of the planned expansion of the National Bank.

Key Statements and Focus Area

Slemani Consolidation: “We are continuing the process of integrating and merging the banks. Only the banks of Bakhan, Azmar, Slemani, and Tanjaro will remain in central Slemani.” — Hersh Tahir, Director of Slemani Bank 1, to Channel8.
Completion Timeline: “The committee expects the entire bank and accounting-unit merger process across Slemani Governorate to be finalized by the end of this year.” — Zmnako Mahmood, Member of the Inspection Board for Private and Public Banks, to Channel8.
Focus Area: The restructuring is designed to consolidate government banking operations under the National Bank while reorganizing accounts, debts, and surplus staff.

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

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

Just the FACTS!

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

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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

1,779 thoughts on “Latest Mnt Goat Newsletter”

Roger Brunstad says:

June 3, 2024 at 1:48 pm

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.

LikeLiked by 1 person

Reply
1. Promanjr says:
  
  June 5, 2024 at 2:30 pm
  
  Thanks Roger!
  
  LikeLike
  
  Reply
clayrich6a2b498e66 says:

June 5, 2024 at 1:24 am

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?

LikeLike

Reply
Roger Brunstad says:

June 6, 2024 at 9:05 am

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.

LikeLike

Reply
moosulkwanbyken says:

June 6, 2024 at 1:17 pm

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.

LikeLike

Reply
Kenneth Dorough says:

June 6, 2024 at 1:37 pm

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?

LikeLiked by 1 person

Reply
1. rodmcook says:
  
  June 21, 2024 at 8:00 am
  
  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.
  
  LikeLike
  
  Reply
daritucana says:

June 6, 2024 at 1:51 pm

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.

LikeLike

Reply
wciappetta says:

June 10, 2024 at 9:00 am

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.

LikeLike

Reply
1. moosulkwanbyken says:
  
  June 11, 2024 at 10:33 am
  
  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.
  
  LikeLiked by 2 people
  
  Reply
  1. wciappetta says:
    
    June 13, 2024 at 8:43 am
    
    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.
    
    LikeLike
  2. wciappetta says:
    
    June 13, 2024 at 9:21 am
    
    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.
    
    LikeLiked by 1 person
  3. moosulkwanbyken says:
    
    June 14, 2024 at 11:14 am
    
    very cool and great need thank you
    
    LikeLike
  4. moosulkwanbyken says:
    
    June 14, 2024 at 11:38 am
    
    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!!
    
    LikeLike
wciappetta says:

June 13, 2024 at 12:29 pm

Nice report…..

LikeLike

Reply
Roger Brunstad says:

June 13, 2024 at 4:22 pm

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.

LikeLiked by 2 people

Reply
woldopep says:

June 14, 2024 at 5:47 am

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

LikeLike

Reply
Roger Brunstad says:

June 15, 2024 at 11:16 am

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?

LikeLiked by 1 person

Reply
1. Gavin M. Blair says:
  
  June 17, 2024 at 2:07 pm
  
  As always, thank you Roger for the updates. It’s appreciated.
  
  LikeLike
  
  Reply
Bruce Edmondson says:

June 19, 2024 at 8:23 am

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

LikeLike

Reply
1. moosulkwanbyken says:
  
  June 20, 2024 at 10:31 am
  
  hhmmm-
  6.5 billion dinar/ 4.9 billion dollars=
  
  1 .3 Dinar/ 1 dollar
  
  LikeLike
  
  Reply
edmondsonbruce says:

June 19, 2024 at 8:52 am

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

LikeLike

Reply
1. krystallindquist39 says:
  
  June 20, 2024 at 7:20 pm
  
  try switching your numbers around 6.5÷4.9
  
  LikeLike
  
  Reply
wciappetta says:

June 21, 2024 at 11:35 am

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?

LikeLike

Reply
1. abundantaspirations says:
  
  June 21, 2024 at 1:30 pm
  
  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.
  
  LikeLike
  
  Reply
Suki says:

June 21, 2024 at 1:55 pm

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

LikeLike

Reply
Suki says:

June 21, 2024 at 2:05 pm

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

LikeLike

Reply
TC says:

June 21, 2024 at 7:04 pm
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

LikeLike
Reply
Roger Brunstad says:

June 22, 2024 at 6:48 am

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.

LikeLiked by 1 person

Reply
wciappetta says:

June 22, 2024 at 9:05 am

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.

LikeLike

Reply
wciappetta says:

June 24, 2024 at 9:37 am

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.

LikeLike

Reply
wciappetta says:

June 25, 2024 at 1:03 pm

Thanks for the response.

LikeLike

Reply
John Tanner says:

June 25, 2024 at 2:25 pm

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.

LikeLike

Reply
Roger Brunstad says:

June 25, 2024 at 3:23 pm

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.

LikeLiked by 1 person

Reply
wciappetta says:

June 26, 2024 at 7:45 am

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.

LikeLike

Reply
1. billagogo17cbd895ac says:
  
  June 26, 2024 at 3:31 pm
  
  NICE LETTER SO… SHE DOES NOT RESPOND LOL WOW
  
  LikeLike
  
  Reply
Suki says:

June 27, 2024 at 8:04 pm

Hello Mtn. Goat,

I found this in the Iraq News. It is regarding sanctions made yesterday by the Treasury. I copied their report. It is only one bank, is this good or bad news? Here is the link : https://fincen.gov/news/news-releases/fincen-finalizes-financial-measure-against-iraq-based-al-huda-bank-combat

Thank you,

Suki

LikeLike

Reply
Richard Carmer says:

June 27, 2024 at 8:17 pm

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!

LikeLike

Reply
wciappetta says:

June 28, 2024 at 9:25 am

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

LikeLike

Reply
kengresham says:

July 2, 2024 at 2:08 pm

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

LikeLike

Reply
moosulkwanbyken says:

July 3, 2024 at 12:54 am

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!

LikeLike

Reply
1. John Tanner says:
  
  July 11, 2024 at 6:24 pm
  
  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
  
  LikeLike
  
  Reply
  1. ashleypikes says:
    
    July 12, 2024 at 9:26 am
    
    yep, Trump is not the answer, you are correct only Jesus. The trumpet may sound for the church before the ri. Think about it. Blessings!
    
    LikeLike
  2. mweb2007 says:
    
    July 12, 2024 at 6:47 pm
    
    Trump IS the answer with GOD as his talent.
    
    LikeLike
TC says:

July 5, 2024 at 2:05 pm

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

LikeLike

Reply
1. John Tanner says:
  
  July 12, 2024 at 3:15 pm
  
  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
  
  LikeLike
  
  Reply
  1. mweb2007 says:
    
    July 12, 2024 at 6:48 pm
    
    LOL No one knows for sure.
    
    LikeLike
  2. woke4god says:
    
    July 17, 2024 at 12:27 pm
    
    If this was true, then why didn’t biden work on the reinstatement??
    
    LikeLiked by 1 person
  3. bleednred1 says:
    
    July 18, 2024 at 2:05 pm
    
    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.
    
    LikeLike
  4. ashleypikes says:
    
    July 22, 2024 at 12:55 pm
    
    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.
    
    LikeLike
  5. John Tanner says:
    
    July 20, 2024 at 7:07 pm
    
    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.
    
    LikeLike
etheowl says:

July 9, 2024 at 2:50 am

Please read:

https://www.iraq-businessnews.com/2024/06/28/dinar-explainer-1-why-iraq-has-two-exchange-rates/

https://www.iraq-businessnews.com/2024/06/28/dinar-explainer-2-consequences-of-iraqs-two-exchange-rates/#google_vignette

LikeLike

Reply
1. wader59 says:
  
  July 9, 2024 at 3:57 pm
  
  It appears that nothing is going to happen any time soon.
  
  LikeLiked by 1 person
  
  Reply
John Tanner says:

July 11, 2024 at 6:21 pm

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. “

LikeLike

Reply
John Tanner says:

July 11, 2024 at 6:23 pm

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.

LikeLike

Reply
John Tanner says:

July 16, 2024 at 5:17 pm

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.

LikeLike

Reply
moosulkwanbyken says:

July 20, 2024 at 12:38 pm

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.

LikeLike

Reply
1. John Tanner says:
  
  July 20, 2024 at 7:09 pm
  
  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?
  
  LikeLike
  
  Reply
Gavin M. Blair says:

July 20, 2024 at 2:30 pm

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.

LikeLike

Reply
octetone says:

July 21, 2024 at 10:05 pm

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?……

LikeLike

Reply
wciappetta says:

July 23, 2024 at 11:48 am

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.

LikeLiked by 1 person

Reply
micaunited says:

July 23, 2024 at 11:53 am

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.

LikeLiked by 1 person

Reply
woldopep says:

July 23, 2024 at 5:11 pm

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

LikeLike

Reply
woldopep says:

July 24, 2024 at 7:24 pm

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

LikeLike

Reply
1. micaunited says:
  
  July 25, 2024 at 12:09 pm
  
  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.
  
  LikeLike
  
  Reply
John Tanner says:

July 26, 2024 at 2:30 pm

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…..

LikeLike

Reply
1. octetone says:
  
  July 27, 2024 at 7:09 pm
  
  This plan precedes the
  
  Obama administration by over 5 years.
  
  LikeLike
  
  Reply
billagogo17cbd895ac says:

July 27, 2024 at 1:18 pm

TANNER GET A NEW HOBBY LMAO IRAQ’S SUCCESS IS USA’S SUCCESS …LEAVE THE QUESTIONS TO MOUNTAIN GOAT RUN ALONG NOW….

LikeLiked by 1 person

Reply
Gavin M. Blair says:

July 30, 2024 at 2:09 pm

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.

LikeLike

Reply
woldopep says:

July 31, 2024 at 11:17 am

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 ?

LikeLike

Reply
moosulkwanbyken says:

August 1, 2024 at 12:28 pm

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

LikeLike

Reply
1. mweb2007 says:
  
  August 2, 2024 at 9:21 am
  
  Yes, it is very complicated; yet, very simple.
  
  LikeLike
  
  Reply
ashleypikes says:

August 6, 2024 at 11:33 am

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.

LikeLike

Reply
moosulkwanbyken says:

August 6, 2024 at 1:07 pm

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 .

LikeLike

Reply
Roger Brunstad says:

August 7, 2024 at 6:01 am

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.

LikeLike

Reply
robertsilvia2 says:

August 9, 2024 at 8:45 am

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.”

LikeLike

Reply
1. ashleypikes says:
  
  August 12, 2024 at 12:27 pm
  
  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.
  
  LikeLike
  
  Reply

ABOUT THE NEWSLETTER:

October 6, 2026 Mnt Goat News Brief

GIVE A GIFT TO MNT GOAT

Let’s all try to chip in!

Matthew 25:40

“The King will reply, ‘Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me. ‘”

STATUS OF THE RV

WELCOME to October!

Update on removing the factions:

The other topic of concern is the 2027 budget.

SUMMARY

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

Leave a Reply Cancel reply

______________________________

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

Just the FACTS!

Prophetic Words from the prophets: Julie Green

“Martial Law Is Not That Far Off “

“The Wolf Pack Will Make A Move They Will Soon Regret “

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

AMERICA’S 7 NEW ENERGY BREAKTHROUGHS ARE SHOCKING THE ENTIRE WORLD!

A BATTLE IRAN DOES NOT WANT THE WORLD TO SEE

EUROPE IS ON THE VERGE OF COLLAPSE

7 European Countries on the Edge of Collapse: The Alarming Truth Europe Doesn’t Want You to Know

NEW TACTICS OF THE LEFT, EXTREMIST, DEMOCRAT LIBERALS

THE GLOBAL DEBT CRISIS HAS BEGUN (WHY GOLD IS FALLING FIRST)

AMERICA’S NEW INVENTION COULD END OIL FOREVER

THE LARGEST SINGLE OIL RESERVE EVER DISCOVERED IN THE UNITED STATES

THE IRAQI GOVERNMENT REASSURES MARKETS: THERE IS NO DECISION TO CHANGE THE CURRENCY OR REMOVE ZEROS.

CURRENCY SPOKESPERSON DENIES DINAR DEVALUATION RUMORS AMID MARKET PANIC

AMERICAN MESSAGE TO THE BARZANI GOVERNMENT… WHAT DOES IT CONTAIN?

THE BRIGADES WILL BEGIN MONITORING IRAQI AIRSPACE TONIGHT AND THREATEN TO OVERTHROW THE GOVERNMENT AND CLOSE BORDER CROSSINGS.

THE PEOPLE OF THE CAVE WILL ALSO BE WATCHING THE SKIES OF IRAQ: WE WILL STRIKE ANY AMERICAN AIRCRAFT STARTING TOMORROW.

THE AMERICAN WITHDRAWAL FROM IRAQ: BETWEEN ILLUSION AND REALITY

A MEMBER OF PARLIAMENT CALLS FOR THE REMOVAL OF CORRUPT FIGURES AND THE OPENING OF MAJOR CASES WITHOUT FAVORITISM.

AL-ZAYDI ANNOUNCES THE END OF THE INTERNATIONAL COALITION’S MISSION AND AFFIRMS: NO WEAPONS OUTSIDE THE LAW.

A FACTION DESCRIBES THE SURRENDER OF WEAPONS AS “DELUSIONS” AND THREATENS TO TARGET COUNTRIES IN THE REGION.

TWO WITHDRAWALS SEPARATED BY A RETURN: IRAQ FACES A TEST OF SECURITY AND WEAPONS.

FOREIGN MINISTER: THE PLAN TO RESTRICT WEAPONS WILL BE PRESENTED IN THE COMING DAYS.

AL-HASNAWI: WE ARE READY TO PASS THE POPULAR MOBILIZATION FORCES LAW WITHOUT ANY COMPROMISES OR BARGAINING.

COORDINATION FRAMEWORK: ENDING THE OCCUPATION IS A NATIONAL ACHIEVEMENT, BUT SOVEREIGNTY IS INCOMPLETE WITHOUT LIBERATING THE ECONOMY.

FINANCIAL OVERSIGHT ON “EVERY DINAR” IN IRAQ… THE ALLOCATIONS AUTHORITY REVEALS MECHANISMS FOR MONITORING FUNDS.

MP: THE 2027 BUDGET WILL BE SENT THIS MONTH AND APPROVED BEFORE THE END OF THE YEAR

IRAQ IS THE THIRD LARGEST ARAB COUNTRY IN TERMS OF GOLD HOLDINGS DURING THE MONTH.

AL-ZARKOUSHI: FOUR NAMES ARE ON THE TABLE FOR DECIDING THE MINISTRIES OF INTERIOR AND DEFENSE… AND THE DECISION AWAITS CONSENSUS AND VOTING.

AL-KHAFAJI TOLD: THE CABINET WILL BE FINALIZED AND VOTED ON NEXT THURSDAY.

IRAQ PROPOSES MAJOR DINAR DEVALUATION IN 2027 BUDGET

AN ECONOMIST ACCUSES “INFLUENTIAL PARTIES” OF FABRICATING THE DOLLAR CRISIS AND CALLS ON THE CENTRAL BANK TO INTERVENE URGENTLY.

A PARALLEL ECONOMY OPERATING OUTSIDE THE SYSTEM… AL-ZAYDI BEGINS A LONG JOURNEY TO REGULATE THE PRIVATE SECTOR AND THE LABOR MARKET.

KURDISTAN MERGES 94 GOVERNMENT BANKS INTO NATIONAL BANK

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

Just the FACTS!

Share this:

1,779 thoughts on “Latest Mnt Goat Newsletter”

Leave a Reply Cancel reply