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:

March 13, 2026 Mnt Goat News Brief

Guten Tag everyone:

WOW this RV saga continues with the election cycle. The deadlock over the Maliki candidate for prime minister is finally over. Now we need the president announced by Kurdistan, then ratified by Parliament. Next is the same for the 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. We are now down to addressing the Iranian militia in Iraq. This is a very good thing and had to happen sooner or later. The RV will not happen as long as Iraq is a proxy state of Iran.

 Let’s all try to chip in!

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 Matthew 7:11

“If ye then, being evil, know how to give good gifts unto your children, how much more shall your Father which is in heaven give good things to them that ask him?” 

STATUS OF THE RV

There is not much current news to share today with my readers. We are still waiting for the ‘official’ announcement of al-Sudani as the nominee for prime minister. There does not seem to be any rush since parliament has already told us they do not intend to hold any sessions while the conflict with Iran is ongoing. Kurdistan is now ready to announce its candidate for president but is also holding back. This could take weeks or even longer. So I need everyone to relax and let it all play out.

Even though there is not a lot of news, I have a presentation that was given on the Frank26 conference call the other night. Kudos to Frank. I give credit when credit is due. This audio sums up most of what has been going on between Iraq and Iran since 2003 and the deception that has been played out over this reinstatement process.

Everyone interested in knowing the TRUTH should carefully listen to this audio (click on picture below). It that explains it all in a nice, easy to understand summary. We can be sure there are more US politicians that played also in this game of deception. I can assure you there are many republican and democrat names that will soon come forward in the news over this scandal between Iran and Iraq and with their currency reform. So, please listen to the audio its about sixteen minutes long and packed with information. I think it will answer many of your questions as to why the RV is taking so long.

SETTING THE RECORD STRAIGHT FOR HISTORY.

We must keep asking ourselves how could Dr Shabibi be all set to reinstatement the Iraqi dinar in 2012-2013 yet it has not reinstated even since and that was well over twelve years ago? Yes, that’s the key to unraveling the corruption in Iraq. That’s the stake in the ground to work by in our investigation. We must also concentrate our thoughts on the current Iraqi election cycle and how it is all connected to the past twenty plus years of corruption. What games are now being played by the Coordination Framework to get al-Maliki back in power and why. Why Maliki of all people?

Yes, in case you are wondering Barrack Obama had a huge role in the Iranian takeover of Iraq. Iran needed money to continue its enrichment program for the ‘bomb’. Iran needed vast amounts of money to overcome the sanctions.

I firmly believe Barrack Obama is a traitor to the United States and should be tried and hung for TREASON! But do the republicans have the guts to do it.

The evidence is overwhelming from all the damage he did to the United States while in office. I know many of my readers may be Obama fans but we all need to step back and listen to the FACTS and adjust our thinking. There is no shame from learning the FACTS and how these changes from Obama era affected our lives and what we must do to fix it today.

These issues go beyond politics. The Iranian issue is only the beginning. These disastrous middle east policies were the Obama assurances to Iran that they can be allowed to continue their Islamic / Communistic spread throughout the world and to ensure it success. Obama supported the development of the nuclear threat from Iran. Be careful what he says, as he is good at deception. He always says what his public wants  to hear and then does something else. The nuclear treaty was just a coverup, a backdrop from his administration to ‘pretend’ to care about the nuclear threat and to stop it. He needed to get public support for his next re-election and so he used the nuclear issues with Iran to do it. He also used the withdrawal of American forces from Iraq in the same terms for his campaign for re-election regardless of the consequences. Oh… but he knew the withdrawal would create a gap in security for Iraq and it was not coincidental that ISIS later entered Iraq. The intelligence was already strong telling his administration this could happen. And who was the prime minister at that time- al-Maliki.

Many of us may say these were just ‘bad presidential policies’ but I am here today to tell you they were intentional, coordinate policies to support Iran in Iraq and to allow Iran to continue its efforts in building the ‘bomb’.

It was only through Trump that the ‘real’ threat was recognized and the nuclear treaty shown to be nothing more than a scam. President Trump is also exposing the proxy Iranian government in Iraq and trying to free the people from it. This is really what this latest election in Iraq is all about. The question is – will Iraq be able to break free from Iran after all.

WHAT WAS IN THE NEWS 9 YEARS AGO? DO YOU EVEN REMEMBER?

I know memories are short, so let’s review what was in the news during the Obama era. How did this ultimately effect Iraq and our long-awaiting reinstatement?

OBAMA PAID IRAN $1.7B, TWO DAYS AFTER $400M CASH PAYMENT

TRUTH OR DARE…..

Oh… Obama knew what he was doing in sending money to Iran and now we are paying the price for the consequences from it. How dare the democrats apposed this current conflict with Iran to destroy this regime and its nuclear ambitions, but they do and we have to wonder just what side they are on?

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What else is in the news?

In an interesting article titled “REVEALS WHY WASHINGTON REJECTED MOJTABA KHAMENEI” we learn why Washington rejects the chosen new leader for Iran.

 On Tuesday, the United States’ special envoy to the Middle East, Steve Wittkopf, revealed the reasons for his country’s rejection of Mojtaba Khamenei succeeding his father as Supreme Leader in Iran. “If the new leader of Iran follows the same path as his father, this is a problem for President Trump,” Witkoff said in a television interview monitored by Shafaq News Agency.

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In today’s news we also get a peek at when Iraq might have its next parliament sessions to conclude their four month long, deadlocked election process in the article titled “A BREAKTHROUGH IS EXPECTED AFTER EID… AL-MOUSSAWI OUTLINES A ROADMAP TO OVERCOME THE POLITICAL DEADLOCK.

Al-Moussawi told the Information Agency that “political forces are currently holding intensive consultations to agree on a roadmap to extricate the country from the crisis,” noting that “expectations point to a breakthrough in the selection of the president and ministers immediately after the Eid holiday.”

Al-Moussawi clarified that “resolving these constitutional requirements is no longer a political luxury but an urgent necessity to protect Iraq’s security and stability in light of regional challenges,” emphasizing that “the national decision must prioritize the public interest to overcome the current political stalemate.”

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In the following article titled “100 TRILLION DINARS HELD IN HOMES: WITHDRAWAL RESTRICTIONS FUEL A “CASH ECONOMY,” BUT THE CENTRAL BANK OFFERS REASSURANCE.” we learn that the amount of cash outside of the Iraqi banking system has increased recently from about 80 trillion dinars to over 100 trillion. Yes, its in the news again and still a concern for the Iraqi economy. But like we learned today about why the currency reform is delayed we can see this these concerns are manifested too in holding up the development of the Iraqi economy. So somehow there must be a breakthrough also in this effort to retrieve this cash to liquify the banks. I quote from the article – “Experts point to the existence of a large cash mass outside the banking system, saying: “The cash mass in Iraq amounts to about 100 trillion Iraqi dinars, which is equivalent to 75 to 76 billion dollars according to data from the Central Bank of Iraq at the beginning of 2026,” indicating that “about 70 to 90 percent of this cash is outside the banking system and in homes, which leads to a weakening of the credit role of banks.”

The article also points out that “this also contributes to increasing the cash economy, as citizens keeping their money outside banks leads to an increase in cash circulation outside the banking system, which reduces the state’s ability to monitor financial and tax activity and the movement of funds that may be directed towards terrorism, support for extremist and terrorist groups, or corruption.”

So, now that we know about some of the importance of having this cash in the banking system, what is the CBI going to do about it to fix the problem? Again, I am telling you that the only fix is to revalue the dinar over the dollar and expire these large three zero notes. This will drive the citizens to turn in this cash. However, at the same time the CBI must also implement the digital dinar and allow for its use. So, again this article is telling us this project to delete the zeros is way overdue. This reluctance to do it is political and is we know why now it is being held up. Please go listen to the audio above from Frank26 conference call and presented here today under the title “SETTING THE RECORD STRAIGHT FOR HISTORY”.

SUMMARY:

After today’s Newsletter I hope all my readers have a really good idea now about what is holding up the currency reform process in Iraq. I would rather not have anyone making statements alluding to questions as to what is holding up the RV/reinstatement. We all know why now what the problem is and the plot to hold it up. Are we smart enough to accept it or complain about it. There is a tremendous opportunity under the current president Trump administration to finally get this currency reform project done. We can see the writing is on the wall to reinstate the dinar but these Iranian issues must resolved first if the US is going to work with Iraq to rebuild its economy. Trump is not about to have American companies come into Iraq at the level needed to support the massive rebuilding of their economy without security and stability. We can clearly see these Iranian issues are coming to the forefront now and being exposed for what they really are. This is a good thing, yet, a VERY GOOD thing! We must not also forget about the prophetic words spoken by God about this abundance and prosperity that is coming our way. He says to be patient, and I believe this reinstatement is part of it. Remember that this reinstatement has to happen and the Iranian politicians know that when it does it shuts down their goose that lays the golden eggs. This is why they have been fighting it and not moving ahead on it, as they should.

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

Leave a comment

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

                                             Just the FACTS!

PRAYING WITH SINCERITY

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

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

                                         

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

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

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

Prophetic Words from prophet:  Julie Green

“More People Around President Trump Will Be Removed “

Go to the 17:25 mark for the prophecy.  From Mar 6th.  

  • Pam Bondi will not stay as the AG for much longer.
  • More Rhinos will be exposed and removed from the Trump administration.
  • VP JD Vance will soon start to show his true self and it will be obvious he is not the man to lead this nation after Trump
  • These three-letter intelligence agencies will be totally gutted to get rid of any snakes against this country
  • Proof will come out of former president Barrack Obama and how he was orchestrating the assassination attempt in Butler, PA against Trump
  • Many more assassins are waiting in the shadows waiting for the green light to take their shot at the president

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.  

IRANIAN MILITARY IS TURNING AGAINST ITS OWN LEADERSHIP?

Iran Guard Corps Go OUT OF CONTROL? Iran Forces Turn REBEL! Big RIFT In Iran Amid War. Who exactly now controls the Iran military?

IRANIAN REGIME: ISLAMIC NAZIS

Sen. Lindsey Graham, R-S.C., unpacks President Donald Trump’s response to the Iranian conflict.

ADVISERS TO PRESIDENT TRUMP SIGNAL NO MERCY FOR IRANIAN REGIME

IRANIAN REGIME COLLAPSE APPEARS ‘RIGHT IN FRONT OF US’

Reza Pahlavi, THE CROWN PRINCE OF IRAN,’ACCEPTS’ TRANSITIONAL LEADERSHIP OF IRAN

Can you say RV the Rial?

CALLS FOR THE TRUMP ADMIN TO ‘FINISH’ IRAN’S MILITARY

Dumb founded, ridiculous and almost to a point of brainless allegations from some democrats politicians that Iran was not a threat to the US and so why attack it. These kinds of statements pose a deep question of whether the democrats actually know what the hell is going on in the middle east, at home and with the ongoing War Against Terrorism.

If I remember correctly, they are the party that let millions of illegal immigrants into the US through their UN Agenda 2030 open boarder policies. Along with the immigrant came unvetted militia terrorist groups. These groups could be triggered, and probably will be triggered, at sometime soon to conduct operations in the US.

What will the democrats have to say when their neighborhoods are attacked and innocent people are killing in their districts? What then? Will they continue with their dumb founded rhetoric. Of course, is all about hatred for Trump and not even thinking about the security of the US. I don’t know about you but I am getting a bit tired of this stupidity and rhetoric towards Trump. It has gotten to the point that it does not even make any common sense anymore. We are not that stupid!

Midterm voting is coming up and we must THINK, THINK about what party we want to present us. Is it a party of fantasy or a party of reality we want in these house seats?

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

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

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

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

THE MINISTRY OF FINANCE IS EXPLORING ECONOMIC REFORMS AND WAYS TO BOOST NON-OIL REVENUES.

Finance Minister Taif Sami directed on Wednesday that non-oil revenues be strengthened. The ministry said in a statement that “Minister of Finance, Taif Sami, chaired today the periodic meeting of the ministry’s advisory board, in the presence of the advisor and the directors general of the ministry and its formations,” indicating that “during the meeting, financial and economic reforms were reviewed and discussed, with a focus on evaluating the institutional performance of the past period and developing plans to raise the efficiency of administrative and financial work in line with the directions aimed at achieving financial stability in the country.”

She added that “the meeting witnessed discussions on vital issues, foremost among them the axis of maximizing public revenues.” The minister stressed “the need to intensify efforts and push towards enhancing non-oil revenues in accordance with a modern vision that adopts digital transformation.” She stressed “the importance of joint coordination between the ministry’s departments towards a comprehensive structural reform that ensures the sustainability of financial resources and directs them towards the most important development sectors.”

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REVEALS WHY WASHINGTON REJECTED MOJTABA KHAMENEI

On Tuesday, the United States’ special envoy to the Middle East, Steve Wittkopf, revealed the reasons for his country’s rejection of Mojtaba Khamenei succeeding his father as Supreme Leader in Iran, noting that President Donald Trump’s administration is waiting for notification from the Iranians to open a dialogue with it.

“If the new leader of Iran follows the same path as his father, this is a problem for President Trump,” Witkoff said in a television interview monitored by Shafaq News Agency.

He pointed out that “Trump is ready for dialogue, but will it be fruitful with the Iranians or not?”, stressing that “Trump has drawn a red line, which is that Iran cannot possess a nuclear weapon.”

He added, “Let’s see if the Iranians want to talk. We have almost completely destroyed their uranium enrichment capability.” Witkov denied that Russia had provided Iran with any intelligence on US military assets, while suggesting that he would visit Israel next week to discuss options for military action against Iran.

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100 TRILLION DINARS HELD IN HOMES: WITHDRAWAL RESTRICTIONS FUEL A “CASH ECONOMY,” BUT THE CENTRAL BANK OFFERS REASSURANCE.

Confidence in the Iraqi banking sector is facing a critical test. While an economist warns that restricting withdrawals is fueling a “cash economy” and hoarding 100 trillion dinars in homes, the Central Bank rushed in an extraordinary session to reassure the markets, stressing the strength of the financial system and its ability to manage liquidity, in an attempt to bridge the gap between precautionary policies and depositors’ fears.

Loss of confidence in banks

Economic expert Haider Abdullah Asfour told Al-Alam Al-Jadeed on Tuesday (March 10, 2026) that “the inability of citizens to withdraw their money in full from banks causes significant damage to the banking sector and the economy in general,” explaining that “this is mainly due to the weakness of those in charge of this sector, their lack of experience, and the confusion in dealing with crises, which greatly affects the work of banks.”

Local news sites reported on Monday that Rafidain and Rasheed banks are suffering from a severe liquidity crisis and a shortage of cash, with a clear decline in the funds available within them. Branches of the two banks have begun asking customers to wait or return later to receive their money in full, while some branches are providing part of the required amount and postponing the delivery of the rest.

Asfour explains that “one of the most prominent of these damages is the loss of confidence in the banking sector, as when a citizen cannot freely withdraw his money, he loses confidence in banks, which leads citizens to refrain from depositing their money in banks and prefer to keep cash at home instead of in banks.”

It is believed that “weak confidence also leads to a decline in bank deposits, as citizens begin to gradually withdraw their money from banks, which leads to a decrease in the volume of deposits and weakens the banks’ ability to lend and invest.”

Cash economy

He points out that “this also contributes to increasing the cash economy, as citizens keeping their money outside banks leads to an increase in cash circulation outside the banking system, which reduces the state’s ability to monitor financial and tax activity and the movement of funds that may be directed towards terrorism, support for extremist and terrorist groups, or corruption.”

He adds, “Among the repercussions is also the weakening of investment and development, as banks rely on deposits to finance projects, and when deposits decline, loans granted to small and medium enterprises decrease and economic growth slows down.”

Investors’ reluctance

He continues, “Restricting withdrawals also leads to damage to the reputation of the banking system locally and internationally, as it harms the reputation of banks and leads to the reluctance of foreign investors and the difficulty for banks to enter into international partnerships.”

100 trillion dinars

Expert Asfour points to the existence of a large cash mass outside the banking system, saying: “The cash mass in Iraq amounts to about 100 trillion Iraqi dinars, which is equivalent to 75 to 76 billion dollars according to data from the Central Bank of Iraq at the beginning of 2026,” indicating that “about 70 to 90 percent of this cash is outside the banking system and in homes, which leads to a weakening of the credit role of banks.”

Asfour calls on decision-makers and those in charge of this “sector to reconsider the policies followed in a way that serves the Iraqi economy and the national interest and does not harm the interests of citizens and their confidence in the banking system.”

Iraqi market

The economist points out that “regional conditions, including the war between the United States and Israel on one side and Iran on the other, and what is related to the Strait of Hormuz and the halt in oil production, as well as the banks depositing about 117 trillion dinars with the Central Bank, in addition to the banks’ fears of the rise in the price of the dollar against the dinar, are all factors that have confused the Iraqi market.”

It also points to “practical problems faced by those dealing with banks, such as contractors who have payment vouchers issued by certain ministries and deposited with banks, but they face difficulty in receiving their money due to the lack of liquidity, which casts doubt on the banks’ ability and weakens confidence in them.”

Central Bank reassures

The Central Bank of Iraq confirmed on Monday that it continues to perform its constitutional and legal responsibilities in protecting monetary and financial stability and maintaining the strength and integrity of the banking system in Iraq.

The bank stated in a statement received by “Al-Alam Al-Jadeed” that the Central Bank’s Board of Directors held an extraordinary session to follow up on current economic and financial developments, review the most prominent macroeconomic indicators, and assess future expectations in light of local and international developments and the challenges or opportunities they may present to the national economy.

The statement added that during the meeting, the council conducted a comprehensive assessment of the monetary and financial market conditions, including an analysis of liquidity levels in the banking system and developments in the money supply, as well as a review of the levels of foreign reserves at the central bank.

The Council also reviewed financial stability indicators and the performance of the banking sector, in addition to monitoring foreign trade and payment flows, while assessing potential risks associated with regional and international economic variables and their potential repercussions on the Iraqi economy.

The council discussed a number of possible economic and financial scenarios for the next phase, focusing on how to enhance the flexibility of monetary policy and the sustainability of financial stability, and ensure the banking system’s ability to respond efficiently to the demands of economic activity.

Temporary shocks

Asfour affirms that “building a successful banking system requires an integrated and modern system that serves all parties,” stressing “the need to adopt economic policies that enhance confidence among investors and depositors instead of weakening it.”

He warns that “banks may be able to withstand temporary shocks, but they are required to look at the long term, enhance confidence, attract funds and investments, and encourage the localization of funds within banks through appropriate incentives and benefits, which will contribute to bringing the large monetary mass into the banking system and supporting financial stability in the country.”

Media sources revealed earlier (February 15, 2026) that the government was forced to withdraw about 20 trillion dinars from Al-Rafidain Bank, in addition to between 7 and 8 trillion dinars from Al-Rasheed Bank, as well as withdrawing about 7 billion dollars from another bank, along with sums of money from industrial and agricultural banks, in order to cover salaries during the past months.

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A BREAKTHROUGH IS EXPECTED AFTER EID… AL-MOUSSAWI OUTLINES A ROADMAP TO OVERCOME THE POLITICAL DEADLOCK.

Member of Parliament, Mukhtar al-Moussawi, called on political forces Wednesday to prioritize the national interest to break the political deadlock, amidst high-level political activity aimed at making strategic decisions concerning both domestic and international affairs.

Al-Moussawi told the Information Agency that “the region is passing through a dangerous security juncture that necessitates the swift formation of a fully empowered government.” He explained that “the current impasse and the halt in oil exports necessitate the presence of an executive authority capable of confronting the rapidly escalating economic repercussions.”

He added that “political forces are currently holding intensive consultations to agree on a roadmap to extricate the country from the crisis,” noting that “expectations point to a breakthrough in the selection of the president and ministers immediately after the Eid holiday.”

Al-Moussawi clarified that “resolving these constitutional requirements is no longer a political luxury but an urgent necessity to protect Iraq’s security and stability in light of regional challenges,” emphasizing that “the national decision must prioritize the public interest to overcome the current political stalemate.”

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

                                             Just the FACTS!

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

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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1,485 thoughts on “Latest Mnt Goat Newsletter

  1. This is what I’m doing, I suggest you all do the same. There are promises in here that are part of your heritage as a believer in Jesus Christ; receive them Don’t let anyone steal your blessing. I pray your faith fail not:

    O give thanks unto the LORD; for he is good: because his mercy endureth for ever.

    Let Israel now say, that his mercy endureth for ever.

    Let the house of Aaron now say, that his mercy endureth for ever.

    Let them now that fear the LORD say, that his mercy endureth for ever.

    I called upon the LORD in distress: the LORD answered me, and set me in a large place.

    The LORD is on my side; I will not fear: what can man do unto me?

    The LORD taketh my part with them that help me: therefore shall I see my desire upon them that hate me.

    It is better to trust in the LORD than to put confidence in man.

    It is better to trust in the LORD than to put confidence in princes.

    All nations compassed me about: but in the name of the LORD will I destroy them.

    They compassed me about; yea, they compassed me about: but in the name of the LORD I will destroy them.

    They compassed me about like bees; they are quenched as the fire of thorns: for in the name of the LORD I will destroy them.

    Thou hast thrust sore at me that I might fall: but the LORD helped me.

    The LORD is my strength and song, and is become my salvation.

    The voice of rejoicing and salvation is in the tabernacles of the righteous: the right hand of the LORD doeth valiantly.

    The right hand of the LORD is exalted: the right hand of the LORD doeth valiantly.

    I shall not die, but live, and declare the works of the LORD.

    The LORD hath chastened me sore: but he hath not given me over unto death.

    Open to me the gates of righteousness: I will go into them, and I will praise the LORD:

    This gate of the LORD, into which the righteous shall enter.

    I will praise thee: for thou hast heard me, and art become my salvation.

    The stone which the builders refused is become the head stone of the corner.

    This is the LORD’S doing; it is marvellous in our eyes.

    This is the day which the LORD hath made; we will rejoice and be glad in it.

    Save now, I beseech thee, O LORD: O LORD, I beseech thee, send now prosperity.

    Blessed be he that cometh in the name of the LORD: we have blessed you out of the house of the LORD.

    God is the LORD, which hath shewed us light: bind the sacrifice with cords, even unto the horns of the altar.

    Thou art my God, and I will praise thee: thou art my God, I will exalt thee.

    O give thanks unto the LORD; for he is good: for his mercy endureth for ever.

    Liked by 3 people

  2. The militia issue is a hugely pervasive and destructive influence. One that Iraq is going to have to deal with quickly and decisively.

    Obviously the previous administration’s were captured by globalist factions, intent on moving into their “one world order” with no regard for national sovereignty and what would be best for individual countries.

    The power plays and manipulation on a grand scale are indicative of the monumental tasks facing leaders intent on fostering a more desirable direction for the populations of each country to move towards.

    It does sound like Iraq is now moving to the end game, towards revaluing their currency and returning to the world stage finally. We can only hope and pray that they finally do pull together as a people to achieve that which is best for their country. They must decouple from Iranian influence to do so, this is clearly non-negotiable and absolutely in their own best interest.

    May they stay the course and aggressively pursue finalizing their initiatives to successfully realize their goals. Which would concurrently be a very stabilizing influence in the middle eastern region of the world.

    Liked by 1 person

  3. Yes removing iran backed militias from iraq is key/ important to US/trump/RI however I think iraq/sudani need to step up and remove them via laws/iraqi armed forces/military to truly show that iraq is sovereign and able to stand on its own two feet. The us will play a hand in recon/intel but IMO the removal needs to be executed by iraq. I personally dont care how it gets done but for optics sake I feel it should play out as stated above…. love Mountain Goat your the real MVP

    Liked by 1 person

  4. Thank you Mountain Goat for all your efforts over the past 13 years! You are the only one that doesn’t hype things up and thinks about what is going by connecting information over time.

    This is a difficult subject matter! Iraq is in a pickle since they have been paying Iran in dinar for electricity. Who knows how much dinar Iran is actually holding? How much dinar is Iran getting from imports into Iraq?

    So if you don’t want Iran to capitalize on this issue – US wishes – how would you go about this?

    Developing other sources for electricity – Jordan connection and Saudi Arabia ring a bell? And the conversion of existing power plants in Iraq to run on gas or oil?

    Need to be able to refine your own oil for gasoline and perhaps export excess capacity.

    Get your exports to exceed what you import – relative to Iran – and require payment in dinar. Draws a demand for the Iraqi dinar. Pay for oil in dinar perhaps. Sell raw materials in dinar – export!

    While oil has been the primary export it has been paid for in US dollars. If Iraq demanded that all oil exports are to be paid in Iraqi dinar the demand for the currency would be huge and support a revaluation.

    The issue with Iran will still be there though. How do you remove the militia?

    At this point the Militia have been there for 10 plus years. They have infiltrated the political system and have established controlled territories both politically and physically. Its like the mafia.

    Removing them will be difficult and perhaps it could send Iraq into another war! Iran may or may not openly continue to support these militias but the militias have control and they will not want to leave without some sort of payment!

    Alternatively – they can stop paying them as part of the Iraqi Army and discharge them! Then usher them out of the country one militia group at a time with the Iraqi Army. They just won’t be able to do all the militia at the same time.

    I believe Trump has already negotiated with Iran about supporting the militias in Iraq and the entire middle east area. After the bombing of Iran, Iran realizes that their defenses are not a match for the US and they are vulnerable to air attacks.

    Ridding the Militia in Iraq will be required before any reinstatement of the currency. They definitely waited to long to reinstate the currency and should have done it back in 2013.

    Obama didn’t want them to do it in 2013 but rather supported an uprising in Syria! Thus, Maliki let prisoners’ out of jail in the Mosul area and Obama had the military pull out and leave all the equipment behind for them to have.

    I believe Iraq has already started to dismantle the Iranian militia in Iraq in certain areas. There was an article about 3 months ago that you posted. It was worded in a way that was politically correct but had to do with the Iraqi Army going in to clean out a trouble area.

    Like

  5. SHAFAQ NEWS Saturday October 25 2025

    “Iraq has officially begun distributing lower denomination currency notes

    including the 50 dinar bill as part of its broader monetary reform strategy.

    The release is intended to facilitate everyday transactions and reduce the

    reliance on larger denominations.”

    Channel 8 Sunday October 26 2025

    Article with overview and pictures of the old coins and notes

    beginning 1931-1932

    Headline: A HISTORICAL LOOK AT IRAQ´S COINS AND BANKNOTES.

    The younger generation in Iraq has never seen coins and lower notes.

    They must be educated via television and articles before the reinstatement

    of the dinar.

    Like

  6. Have you seen Hank Kuneman’s 2024 New Years Eve Prophesy? He actually prophecies that the coming debt cancellation comes in the next leap year (2028) and connect the upcoming currency revaluations to that…very interesting that Iraq seems to be making such a push now.

    Like

  7. This is kinda funny. You tell the idiot gurus to get their facts straight (which I 100% agree on) while saying the exchange rate is .00007575… You added one too many zeros. the actual exchange rate is .00075…

    Like

  8. I also have not had much luck leaving comments.

    Guten Tag Mnt Goat

    Mein Germanistikstudium kommt, aber langsam. Das (die? der?) Deutsch sprache ist nicht einfach. Oder – ist einfach nicht?

    I know that you know what I mean as you had to learn it as well.

    Und Ja, Englisch ist auch vielleicht einfach nicht.

    Elaborate, bitte, as to whether there are certain criteria that the bank or redemption centre (hopefully redemption centre, but I’m guessing not likely) will ask us for when we ask for the contract 28.50 rate.

    You and MilitiaMan are my only sources of trust, and if I recall correctly – the last time you mentioned this higher rate, you may have stated that there is no such thing as them asking for our “Humanitarian” project.

    I hope and trust that our weak cdn dollar gifts are helping.

    Vielen Dank.

    Leonard

    Like

  9. Sorry about that last post, but, do you think that the problems between the US and Iran will stop

    the revaluing of the dinar like it did in the last Iraqi war?

    Like

    1. Walter, I think IQD can still be had, but the fees and premiums may be hard to swallow. Years ago I bought my dinar through physical storefronts of CEI, Inc. “Currency Exchange International” at a rate about 10% worse than the official rate. At the current official rate, you’d expect 1320-ish dinar for each dollar. However, CEI’s website offers only 988 dinar – a 30% hit before you talk about shipping and handling costs.

      https://order.ceifx.com/rate-tracker

      Like

  10. The Central Bank confirms a quick response from banks to join the bank reform plan

    Posted by Walter

    1 Vote

    Banks

       

    The Governor of the Central Bank, Ali Al-Alak, confirmed on Friday that there is a wide response from most banks to join the banking reform plan, while the date for its final implementation was set, pointing out that the reform process has entered advanced stages.

    Al-Alak said: “The Central Bank is now working intensively on two plans: the first to reform the government banking sector, and the second to reform private banks, in cooperation with an international company.”

    He added that “the two plans have come a very important step, and we are now in advanced stages of this work, and we expect to proceed with firm steps within the plan, which will lead to achieving a stable banking sector, capable of communicating with the outside world, and achieving a qualitative addition to the national economy, and will also be able to keep pace with global transformations, especially digital ones, and respond to the requirements of various economic aspects, in harmony with general trends and major transformations.”

    Advertisement

    He pointed out that “the reform of the banking sector today are not formal or prostoky measures, but radical processes related to the reconstruction of the banking sector,” noting that “banks are now facing a historic decision,” pointing out that “the reform plan faced different reactions, but the central bank was clear in its position on reform.”

    Al-Alak stressed that “the meeting was held with all banks, and we indicated that this plan is not an option, but a path linked to local and international requirements, legal, regulatory, financial and digital, which cannot be neutral, and there is a great insistence on its implementation.”

    He continued, “a series of dialogues and discussions have been entered into with the banks and we listened to different points of view,” pointing out that “there is a very high response rate from most banks to enter into the reform plan and gave a pledge to do so,” explaining, “We are about to start a new stage to follow up the implementation of reform steps.”

    Al-Alak pointed out in his speech that “in five years or so, we will witness a different banking sector in Iraq.”

    https://economy-news.net/content.php?id=61796

    Like

  11. would you please ask your contact at the CBI about this article and if it is referring to the PTDZ’s please. I can’t think of any other reforms that this article could even be referring to if not the PTDZ’s.

    Like

    1. No, it is not referring to the PTDZ. Come’on where have you been. They openingly talked about the
      remving of the zeros and why wouldn’t they use these same terms in the article then if it was all about
      the removing of the zeros? This is not rocket science stuff….

      Like

  12. OK, if not the PTDZ’s, then what other reforms are they trying to get done, they have been doing banking reforms for YEARS!!!! Either they are terrible at getting anything done with reforms or have not done the correct reforms that they have told us for years they were doing. Every single month for over a year I know for certain they have come out with new “Reforms”! Ridiculous, just get it done!

    Liked by 1 person

    1. Yes, but, for many years it was nothing but talk since Al-Sudani came in, then, everything started moving and he has done a lot, actually forced a lot of positive changes to happen as well. I sure hope he gets reelected. Through the whole story these are the LAST reforms that always needed to happen for success. Otherwise we they have been riding a bike with no air in the tires.

      Last

      Hang in there,

      Suki

      Like

  13. There are still some holes being placed in the logic of these articles at times. For you to say they said it themselves or they admitted it or any combination of the fact does not give much credence to the fact that they have been contradicting themselves…both the C.B.I. and the Finance Governor. Some comments they made, I would say are calculated and others, I would say don’t even make sense, or are not explained properly in the news articles as they are expressed in an interview or in official news commentary. What we do know, is that the deletion of the zeroes should push out a rate that benefits Iraqis and the dinar internationally. Let’s see what they do now. I would not believe everything they say and say we got it all wrong, after all this is their dance and have been giving some weird contradictory statements. What statement can you provide that the rate could be imminent? They clearly painted themselves into a corner and something has to move. Trump won’t wait for them.

    Like

  14. i just want to say thank you for all your time an efforts over the last 13-15 years I have been following you. You are an even keel in the stormy seas of dinar information. You are a blessing thank you MG xo!

    Liked by 1 person

  15. We must remember what I am saying and stop all this intel guru nonsense about a 1:1 in-country. As much as you wish it was true it simply does not make any sense from what the CBI tells us in these recent published articles to educate the citizens. To have a 1: 1 situation the CBI would first have to first RV from the “official rate” and this too they told us is NOT going to happen. Read my lips – NOT GOING TO HAPPEN!

    In all fairness you have held similar views. Back in July of ’24 you said:

    July 25, 2024 Edition Mnt Goat Newsletter

    By Mnt Goat on July 26, 2024

    Going on over 10 years now, I have taken my own time to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to be doing this. I do it out of charity and love with understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. So, I try to help out. But remember I too am very busy in my daily life too. I am no different, yet I take the time out each day to complete the task of research and composing my newsletter for you. This Newsletter will not survive without your ongoing support. There are more than 20,000 followers and readers on my blog. Why do the same handful only help out? Do the rest not want or care about the news I bring?

    I feel we have been in a critical period of the currency reform program since January of last year 2023. Now we are in a “vital” period.  Like a game of chess, we are now in a waiting mode for the Central Bank to make their next move and rollout the second-rate change in-country to just over a dollar, that we were told is coming. Since they told us they now control the parallel “black” market, and that negotiations were successful in lifting sanctions on many Iraqi banks.

    A reasonable thought IMO since the CBI has to create an incentive to draw the hoarded cash into the banking system. We understand each facet becomes fluid as this moves on, continually refining our thoughts. Not that they haven’t deserved it [Guru’s], Yet I think it’s unfair to criticize folks for views like the in-country view of 1:1 when, in the past you too presented a similar view. Be fair that’s all I’m saying.

    Like

    1. The Mtn Goat post you cited in no way comes across like the other intel gurus like TNT Tony or the like. She has never come across that way. Period.

      Like

  16. I want to remind you that the Kurdish Globe released an article on February 25, 2012 with headline:

    IRAQ TO REVALUE DINAR AND INTRODUCE NEW NOTES IN SEPTEMBER 2012

    We all know today that that this was postponed indefinitely and 13 years later we are all still waiting for an official announcement when they intend to release the new notes.

    Former CBI governor Dr. Sinan Shabibi once said that the best time to raise the value of the dinar and release new notes is in the middle of a year or in the beginning of a year.

    I do not think that CBI will do the reinstatement of the dinar before elections slated for Nov. 11

    Before Iraq can reinstate the dinar they must first eliminate the Iran backed militia and also pass the Oil and Gas Law (HCL) in parliament.

    CBI governor Alaq has stated several times that there is a date set for the implementation of the banking reforms. Is this date January 1, 2026 ?

    Like

  17. Hi Mtn Goat,

    We appreciate all that you do for us. I need to get this through my head correctly. I’ve read all that you have said about the deletion of the zero’s. From what I’ve been told by my banker is that if the zeros are removed from the bank notes and if you have 10 mil. in Iraqi dinar. Then when Iraq removes the zeros the 10 mil. will be reduced to 10K when we exchange. So if you have 10 mil. in Dinar and the value increases to 3.20 when it goes back to FOTEX. My banker has said when they remove the zeros instead of 32,000,000 mil. it would actually be 32,000, because the bank would automatically remove the zeros from the nominal bank notes of 25,000 to reflect the new nominal value of 25.00. Why wouldn’t this be considered a lop? Are the bank associates wrong with what they’re stating? You have a differ scenario of what will happen. What is the truth concerning this issue. If my banker tells me that they will remove the zeros when I exchange would you feel they are lying or telling me what will happen?

    Like

  18. Thanks for all you do and provide…. The process to delete the three zero’s has started; therefore I believe iraq is going to follow through delete the zero’s and we will see “The real shift occurs in the subsequent adjustment of the exchange rate” / reinstated value of the dinar on forex and visit the bank/s to exchange at the value we see fit… The champagne bottle at the top of todays newsletter says it all in my opinion. I have mine on ice and will see the reinstatement through right long with you…. cheers

    Like

  19. Wonderful news as it appears that Al-Sudani will retain his Prime Minister position. I was on edge for the results of this election as much as I was for the 2024 U.S. Election and I am not even an American. If the corrupt Al-Maliki would have won, more than likely, there would not be a Dinar RV.I will quote part of an article link below:” The list backing incumbent Iraqi Prime Minister Mohammed Shia Al-Sudani has scored a big win in parliament after elections, sources close to his alliance told AFP on Wednesday.

    Al-Sudani’s “Reconstruction and Development list has secured a major victory” following the vote on Tuesday, an official close to the premier told AFP.

    Another two sources said the premier’s alliance has “won the largest bloc”, with approximately 50 seats.

    Iraq’s electoral commission is expected to announce preliminary results later this evening. With an outright majority almost impossible to achieve by any single list, the role of prime minister is determined by the coalition that can secure enough post-election allies to form the largest Shiite alliance.

    In past elections, naming a premier and forming a government has proven to be the most taxing post-election process. ” TC

    Like

  20. dear mountain goat,

    First off thank you for all you do! We can never thank you enough for your hours and hours of work you do to bring us this newsletter 2 times a week. I do have a quick question. It seems things are moving along very nicely. I understand Iraq elections were held on November 11th, and there hasn’t been much said about those. I know in the past ( I have been following you for over 10 years) that these elections in Iraq have become quite contentious especially when Nouri Maliki of the Dawa party would stir things up ( after he was prime minister) causing there not to be a majority party, then when a prime minister was decided they have 30 days to form a Government, if they fail then it all starts over. ( care taker govt.) I remember about 5 years ago or so it took an entire year October to October to get a seated government. In your opinion do we see a scenario where all this good forward motion with the project to delete the zeros could be stopped cold due to election interference ( it is Iraq and anything can happen) but since this hasn’t been a big news topic and the CBI seems to be moving forward ( safety and security) that this election cycle will be a smoother event kind of like when a sitting president in USA wins a second term ( consecutively)?

    Like

  21. Great news today MG,,,, thank you again for the timely word. However you really could put the cherry on top if you would move the tick tock clock to say 11:58-11:59, to more accurately reflect the proper time frame lolol . Surely it is closer now don’t you think. Blessings Ash!

    Like

  22. ERBIL (Kurdistan24) – Preliminary results from Iraq’s sixth parliamentary elections have produced a complex and uncertain political landscape, as several armed groups affiliated with the Popular Mobilization Forces (PMF) collectively secured 47 seats in the incoming legislature.

    According to the initial tally released Wednesday by the Iraqi Independent High Electoral Commission (IHEC), five political blocs linked to US-designated militant groups won parliamentary representation. These include:

    – Al-Sadiqoun Bloc of Asa’ib Ahl al-Haq, led by Qais al-Khazali

    – Hoquq Bloc of Kata’ib Hizballah, led by Ahmad Hamidawi

    – Montasirun Movement of Kataib Sayyid al-Shuhada, led by Abu Ala al-Walai

    – Khadamat Movement of Kata’ib al-Imam Ali, led by Shibl Muhsin Ubayd al-Zaydi

    – Kataeb Babylon, led by Rayan al-Kildani

    Their combined gains highlight the shifting dynamics within Iraq’s political arena, but also raise critical questions about their role in the next government.

    Earlier, Foreign Minister Fuad Hussein said in a televised interview that groups designated as terrorist organizations by the United States “will not participate in the next government.” The announcement now places Iraq at a crossroads: balancing the political influence of groups that command a share of the electorate while navigating international concerns and avoiding diplomatic fallout.

    The dilemma has deepened following Washington’s decision on September 17 to designate Harakat al-Nujaba, Kataib Sayyid al-Shuhada, Harakat Ansar Allah al-Awfiya, and Kata’ib al-Imam Ali as foreign terrorist organizations.

    Iraq held special voting on Sunday and general voting on Tuesday across all provinces and in the Kurdistan Region. IHEC reported a 56.11% turnout for both rounds combined, reflecting significant public engagement despite lingering security and political tensions.

    As coalition talks begin, the presence of these factions—popular among segments of Iraqi voters but controversial abroad—has plunged the government’s formation into renewed uncertainty. Political leaders now face one of the most delicate post-election challenges in years, with implications for Iraq’s stability, governance, and foreign relations.

    ————————

    This is a great threat to stability and security in Iraq. Could jeopardize the reinstatement of the dinar.

    k24 logo

    Like

  23. Did you feel like you said too much? I’m glad you did though, it only confirmed news I had already multi-sourced in country and no not from any guru [ I really do not like those tent masters] Cheers it’s almost over…

    Like

  24. Mnt Goat, greetings!

    If theoretically, a reinstatement were to occur, wouldn’t the zeroes be deleted a few weeks to months before the reinstatement? or would it all happen in one day?

    Liked by 1 person

  25. My dearest Mountain Goat, I do not think you ramble and I LOVE to read your commentary. I practically ‘live’ to read your newsletters. I think God put you on this earth to report on this RV as you are so intelligent, pay attention to detail, and write it so we can understand it. I, for one, could never write as you do. You do an EXCELLENT job…never doubt it! Someday I hope to meet you. Happy Thanksgiving to you and your family and please know how much you are appreciated!! I pray for you as much as I pray for the RV. Joy S.

    Liked by 1 person

  26. Thank you MG for the informative newsletter. However I cannot afford to keep putting champagne in the frig! All of your points are well taken. So where does your community stand on Jan 2026. I for the life of me totally understand your points and see the seriousness of the Iranian backed militia, and the aspirations of Iranian influence in the Sudani government, an why has the deletion of the zeroes has not begun. I just wish Trump would tighten the noose around Sudani’s neck by taking a bigger control over the Iraqi oil and let him know we are going to be paid back. So where do we stand today having been in this for 15 years I would say that the odds of a disappointment are higher than not being disappointed. This is not being negative, glass half empty, God sitting on the throne wringing his hands about what he should do with Iraq. Iraq is just not ready if it does not happen, its all in God’s timing no matter how much we want it. However I shall be more cautious about putting expensive champagne in the frig in the future. Till Thursday!

    Like

  27. Baghdad (IraqiNews.com) – The American financial consulting firm Oliver Wyman has released a new report affirming that Iraq is entering a phase of dynamic economic growth and investment opportunities. The optimistic outlook is credited to the comprehensive banking reforms spearheaded by the Central Bank of Iraq (CBI) with government backing.

    The report highlights that the banking sector reform program, launched in April 2025, represents a fundamental shift toward building a more efficient and sustainable financial sector. This initiative is expected to stimulate investment, boost private sector development, and strengthen Iraq’s international financial integration.

    According to Oliver Wyman, the commitment of all Iraqi banks to the reform program, which began in September 2025, will enable the CBI to evaluate their performance between 2026 and 2028 based on modern global financial, regulatory, and technological standards. The firm forecasts that the total size of the Iraqi banking sector will exceed $60 billion by 2035, with expected returns ranging between 15% and 20%. The report concludes that successfully addressing current challenges related to governance and reputation will transform the reforms into a unique investment opportunity within the Middle East and North Africa (MENA) region. (October 18, 2025)

    ————————————————————————————————————-

    An overlooked report from Oliver Wyman has come to my attention.

    The report from August 2025 clearly states that the official implementation phase kicks off 2026.

    In 2026 Central Bank of Iraq will start on the ground implementation phase rolling out everything

    they have planned. This means distribution of the new small category notes.

    2024 was the year of planning.

    2025 is the preparing phase.

    2026 will be on ground implementation – meaning distribution of lower notes and a new exchange

    rate.

    2026-2028 is the expected time line for currency value increase as part of the broader economic

    stability and growth strategy.

    Former CBI governor Dr. Sinan Shabibi is the architect of the monetary reform. Several years ago

    he said that a revaluation of a currency must always be in the beginning of a year.

    Bankers in the know in Iraq now expect the reinstatement in January 2026.

    Like

  28. This is all exciting news. I am feeling very confident in at least a January 2027 return to the FOREX. Their current status on all the requirements seems too far off for a January 2026 RV. I said this last November too, about a January 2026 RV and I was wrong….maybe we get it in 2027. We will get it, the question is when.

    Like

  29. IN THE COMING DAYS!

    with Iran collapsing, drought is killing iran plus revolt, admission of no more nuclear intentions ( lies of course) flat broke, attempts of increasing the value of risk fruitless it seems, PMF has been nutted, no more money, USA forces have new rules of engagement with Trump on the trigger, Sudani as any sensible leader sees the path to success, PEACE and gracefully handling the Iranians that are now as wounded animals, and Trump has given Iran a west to peace and trade. IN THE COMING DAYS!

    Like

  30. Hello Mnt. Goat,

    I know my question is probably more complicated than we in a first world nation can truly comprehend, being that or government structures are so different from ones in the Arab nations, but I can’t help from asking, are there still such strong influences keeping an Iranian foothold in Iraq or are they that hidden that the complication is finding them to get rid of them in the first place. I can’t imagine that the Iraqi Government sees a stronger advantage to allowing the Iranian influences to remain over jeopardizing Iraq”s future through non compliance with the U.S requirement to get rid of it.

    Thank you for your tireless efforts in keeping us informed with the truth. You literally are the only source I read regarding this investment.

    Dan

    Like

  31. NEW Exchange rate value is to be derived in Iraq’s based on a basket of currencies in the same sense that the SDR is constructed in its accumulated total reflecting the weighted portions of the currency basket construct. You agree with the principle? Sounds right to me.

    Like

  32. Happy Saturday MG,

    Ug, I was just trying to read the Iraq news. That sure can be frustrating, thank you so much for your thorough investigating every week.

    I hope you have a Happy heart this week

    Suki

    Like

  33. Hello MG,Iran had recently announced that they will be removing 4 zeros from the Rial. Would this be the same scenario as for the Dinar where the Iranian Rial 4 zero notes will be treated at face value outside of Iran and, if so, should we be purchasing rial now?I will quote part of the Nov 22, 2025 article link below:” Iran began implementing a long-delayed plan to drop four zeros from its battered currency after President Masoud Pezeshkian instructed the Central Bank on Saturday to begin two years of preparations.

    Under the order, the Central Bank of Iran must prepare the shift within two years before managing a three-year phase in which old and new banknotes circulate together.

    Once that cycle ends, all transactions will be settled in the new unit and existing notes will be withdrawn, according to Iranian state media. Economists remain divided over the effect of the redenomination. The policy is expected to require printing new notes, destroying old ones and modifying banking and accounting systems. “https://www.iranintl.com/en/202511224715 TC

    Like

  34. Al-Khalidi: Three main reasons that push 75% of the Framework forces to support Sudani’s second term

    Baghdad Today – Baghdad

    Mohammed Othman Al-Khalidi, a member of the Reconstruction and Development Coalition, confirmed on Monday (November 24, 2025) that 75% of the forces of the Coordination Framework support the continuation of the second term of the current Prime Minister Mohammed Shia al-Sudani, for three main reasons.

    Al-Khalidi said in an interview with “Baghdad Today” that “every Iraqi citizen has the right to nominate himself for the position of prime minister, provided that the legal conditions are met, but according to objective readings, we believe that al-Sudani is the closest to the second term, and he is the candidate who has the qualifications that make him the most capable of leading the next government.”

    He added that “75% of the Framework forces support Sudani’s second term, especially since he has made clear achievements in the services file, and has dealt with regional challenges successfully to keep Baghdad away from the war, in addition to obtaining the highest votes for him and his bloc in the last elections, which reflects the presence of great popular support for him.”

    Al-Khalidi pointed out that “al-Sudani is an important candidate, and we strongly support the continuation of his second term, which is the closest option according to the current assessments of the forces of the Coordination Framework.”

    The positions of the Coordination Framework come in light of a sensitive political stage following the announcement of the results of the 2025 elections, as the Shiite forces entered into an intensive round of consultations to decide on their candidate for the presidency of the next government. Over the past few days, the framework held a series of meetings to discuss the criteria for selecting a candidate, while the name of Mohammed Shia al-Sudani emerged as the closest to the position, especially after the Federal Court’s decision that turned the current government into a daily caretaker, which increased the pace of the search for a candidate capable of managing the transitional period and forming a full-fledged government. Al-Sudani’s advanced electoral results also gave him a negotiating advantage within the framework and with the rest of the political forces.Al-Khalidi: Three main reasons push 75% of the Framework forces to support the second term of Al-Sudani » Baghdad Today News Agency

    Like

  35. Hi Mountain Goat, can you add this to your next newsletter about this guy Pimpy he thinks the 25,000 dinars will become only 25.00 notes once it revalues. So when we go to the bank we will only get 25.00 not the 25,000 from our dinars. This would be for the ones that don’t understand the value.

    Much Appreciate.

    Spencer

    Like

  36. oh I can’t believe it, wrote a nice paragraph of opinion and it got deleted three times – must be hell doing such a thorough newsletter, THANK YOU MTN GOAT

    ok one more time- IN MY OPINION-

    Yes I am concerned about the PMF but my opinion has changed. Yes they won about 10% of Parliament seats, SO WHAT! Doesn’t give them much say so/votes but it shows some Iraqi support. They did fight and suffered losses in the defeat of ISIS. They have lived in Iraq over a decade, raised families, Iraq is their home now. They are Iraqis. Iran is on the brink of total collapse- Biblical epic drought, they literally have NO WATER , reservoirs totally dried up into mud holes, CIVIL WAR at home, , death and destruction of war with USA and Israel, sanctions, no trading partners can’t sell oil much, IRGC and the Ayatollah are doomed. So, I don’t think they will be much problem other than saber rattling, fussing , lying, and stealing. Then, after reading the last paragraph of today’s newsletter, the support Sudani is garnering seems to secure him a commanding position for Prime Minister again. IN THE COMING DAYS, LET’ FINISH STRONG!

    Like

  37. OMG! In plain text from the CBI- thNk you MTN GOAT

    Iraq is set to implement a new currency mechanism on December 1, 2025, which includes the introduction of a central bank digital currency (CBDC) and a redenomination plan. 

    YAHOO!

    champagne is on ice baby!

    Like

  38. It seems like we will see zero’s deleted then reinstatement; however per usual it SEEMS Iraq is dragging things out until the last possible second. The timeframe for deletion is UNDERWAY AND is confidential; that statement alone is where my hope lies…. Please get this done Alaq/cbi

    Like

  39. See new postsConversation

    Rudaw English

    @RudawEnglish

    Mark Savaya, US President Donald Trump’s special envoy to Iraq, told Rudaw that he is bringing a message from Trump to leaders in both Iraq and the Kurdistan Region. “There are big changes coming in Iraq… everyone will see actions instead of words,📸

    Like

  40. I can only pray the two sides can see eye to eye, the U.S. doesn’t appear to want to give in any on their demands, so let’s see if Iraq agrees to the conditions the U.S. sets. What happens is anyone’s guess.

    Like

  41. Honestly, we have been so close in prior years thinking January will be the turning point in this investment. I think that they are really well positioned for a January 2027 reinstatement to the FOREX. I hope and pray its in 2026, but it seems like with all that remains to complete, 2027 is our year.

    Liked by 1 person

  42. I don’t want to be a down beat or glass half full type of person. I try and look at things realistically. And for what I am seeing, previous elections end up taking months. We have now only been a couple of weeks. So I don’t see leadership happening for a while. Then there is the US and the Iranian influence. This really can’t get resolved until they have a government in place. Next we have the removing of the 3 zeros. I don’t know if this will occur until they have a government in place as well. And once they do remove the zeros, I think there will be a month or two to follow inflation before they do anything else. So my guess is that it won’t be on Forex until after the above is all worked out and the changes monitored. Having said all of that, I am a bit sceptic on a January date. I think that removing the Iranian influence will take a bit more time than any of us would like. And how do you get rid of elected officials?
    Again, I don’t want to be pushing bad news, I am hoping for the best, I have a lot of hope. At the same time, I want to be honest with myself so I don’t get let down if we don’t see a change by January 2026.

    Like

    1. i could have sworn I wrote your comments, my exact feelings. However I am not quite as positive as you. In 15 years they have never hit a timeline of mine or anyone else’s. My guess March at the earliest. That is a realistic timeframe not glad half full based upon 15 years of absolute failure of them doing anything on a timely basis. Trump needs to put a time frame on them or we take total control of the oil an monetary reform till we are paid back.

      Like

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