Latest Mnt Goat Newsletter

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

ABOUT THE NEWSLETTER:

May 5, 2026 Mnt Goat News Brief

Guten Tag everyone:

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

GIVE A GIFT TO MNT GOAT

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

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

 Let’s all try to chip in!

____________________________________

Psalm 37:4

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

STATUS OF THE RV

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

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

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

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

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

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

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

______________________________________

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


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

______________________________________

SUSTAINABILITY and DIVERSIFICATION (new mantra for Iraq)

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

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

______________________________________

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

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

______________________________________

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

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

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

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

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

______________________________________

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

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

______________________________________

DISMANTLING THE FACTIONS/PMF A HIGH PRIORITY

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

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

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

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

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

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

______________________________________

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

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

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

___________________________________________

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

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

_______________________________________________

UPDATE ON THE ELECTION SAGA

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

_________________________________________

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

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

________________________________________________

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

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

_______________________________________

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

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

_____________________________________________

WHAT ELSE IS IN THE NEWS?

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

_______________________________________________________

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

__________________________________________________

MORE HINTS OF WHEN WE MIGHT SEE THE RV

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

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

________________________________________________

Let’s keep our prayers alive. There is a deep spiritual dimension at work today bringing about this reset. I believe we are closer than ever for the dinar to get reinstated. But first things first. By now everyone should be fully aware of these events that caused delays in the currency reform process. This is not rocket science to understand.

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

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

Leave a reply to John Tanner Cancel reply

______________________________

________________________________________

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

                                             Just the FACTS!

                                         

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

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

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

Prophetic Words from the prophets:  Julie Green

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

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

Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

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

WHO THE HELL IS ILHAN OMAR ANYHOW?

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

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

WHAT HAPPENS IF ILHAN OMAR GETS CAUGHT?

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

THE REAL REASON JAMES COMEY WAS ARRESTED

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

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

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

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

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

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

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

A FUTURE ‘SPY’ IN THE FEDERAL RESERVE?

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

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

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

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

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

How does this all fit into prophecy?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

American Conditions

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

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

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

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

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

Financial concerns

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

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

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

Factional challenge

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

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

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

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

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


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

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


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

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

THE CENTRAL BANK GOVERNOR PARTICIPATES IN THE SIN DIALOGUE FORUM

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

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

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

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


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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

IRAQ BEGINS IMPLEMENTING THE TIR INTERNATIONAL TRANSPORT SYSTEM

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

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

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

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

                                             Just the FACTS!

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

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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

1,574 thoughts on “Latest Mnt Goat Newsletter

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

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

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

    Liked by 1 person

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

    Like

  3. From Iraqi news article Wednesday June 5

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

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

    —————

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

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

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

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

    Like

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

    Like

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

    Liked by 1 person

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

      Like

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

    Like

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

    Like

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

      Liked by 2 people

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

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

        Like

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

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

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

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

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

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

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

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

        Liked by 1 person

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

        Like

  8. Recent bulletins from iraqi television:

    The Investment Law will soon be passed

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

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

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

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

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

    Liked by 2 people

  9. MG,

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

    Like

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

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

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

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

    Liked by 1 person

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

    Like

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

    Like

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

    Like

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

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

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

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

      Like

  14. Again your amazing,

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

    Thanks,

    Suki

    Like

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

    I will truly miss you

    Suki

    Like

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

    1) For the U.S.:

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

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

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

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

    2) For Canada:

    ” Foreign currencies

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

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

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

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

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

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

    TC

    Like

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

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

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

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

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

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

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

    Liked by 1 person

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

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

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

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

    Like

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

    Like

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

    Like

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

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

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

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

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

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

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

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

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

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

    Liked by 1 person

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

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

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

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

    Do you agree?

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

    Have a lovely day.

    Like

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

    Like

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

    Hi,

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

    Thank you in advance.

    Sincerely,

    WCiappetta

    Hello,

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

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

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

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

    Kind regards,

    Compliance Division

    Office of Foreign Assets Control (OFAC)

    U.S. Department of the Treasury

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

    kb

    Like

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

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

    Thanks Ken in Mississippi

    http://mntgoatnewsusa.com

    Like

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

    Like

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

      Like

  27. Dear MG,

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

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

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

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

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

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

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

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

    TC

    Like

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

      Like

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

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

        Like

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

        Like

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

        Like

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

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

    Like

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

    Like

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

    Like

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

    Like

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

      Like

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

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

    Like

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

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

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

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

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

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

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

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

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

    Like

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

    Liked by 1 person

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

    Liked by 1 person

  36. Hello, Moutain Goat

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

    Like

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

    Like

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

      Like

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

    Like

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

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

    It seems we have a long way to go.

    Like

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

    is this correct ?

    Like

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

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

    Like

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

    Like

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

    Like

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

    Al-Alaq has reached retirement age of 60.

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

    The illegal parallell rate is still too high.

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

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

    Like

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

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

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

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

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

    Like

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

      Like

Leave a reply to John Tanner Cancel reply