Mnt Goat Archives

Hi Everyone,

I bring you FACTUAL news today.   

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For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Proverbs 12:22

The Lord detest lying lips, But he delights in people who are trustworthy.

If you are looking for the Thursday 6/1 Mnt Goat Newsletter, please click here to go to the Archives.

STATUS OF THE RV

I know it’s not my normal Tuesday or Thursday newsletters but I had to come and clarify my recent news from yesterday 6/1 and that what I said was for a SPECIAL purpose. I really dislike having to clarify yet more attacks on my newsletter. This is getting very tiring….

Yes, I do know much, much more than this idiot TNT Tony and these other gurus. Why?

Oh…. could it be that I spent many years in Iraq during the war? Or maybe it’s because I have made many friends while in the military who like my honesty and good faith. I do not over inflate or over speculate news and keep to the FACTS only. Yes, only the FACTS. This is not some side show or game. That’s the huge difference between me and other intel providers. Get it? You do want the TRUTH!

TNT FAKE NEWS

Well, we all know by now the extent of this idiot TNT Tony and his fake news. When will it end? Did you too get kicked off his site for asking an intelligent question?

These TNT Tony attackers say they do not read my newsletter. Really? But they do. Yes, and I have proof of it. Remember that is 2013 it was this guy TNT Tony, who approached me and asked if I could supply him with my information as one of his sources. When I refused, because I felt he was lying to his audience and exaggerating and stretching the truth, he simply kicked me off his site and began bashing me. It was not until a couple years ago, when his so-called sources dried up due to Covid, he began reading the news articles from Iraq. He did this out of desperation for something to tell his audience. However, since  2013, I had been telling him all along to read the articles as this is really the only good source of dependable information you can rely on. He refused and said many times on his conference calls that the article didn’t mean anything. Instead, he went to bank stories, fake treasury contact stunts and even told everyone he had a CBI contact right after I announced the info from my CBI contact. Folks he is a FAKE! Get it?

So, in my last newsletter dated June 1st, I explained that there is no way anyone is going to exchange Dinar or Dong or anything else in this so-called first basket, with the revalued rates we want as investors, unless these currencies are on FOREX. How many times must I say: “with the rates we want”. So here we go again. We hear about these Iraqi debit cards and the use of them? I am just so tired of all these same old recycled lies. They think you and I are dumb!!! ☹ We remember his bullshit. But this fake stuff about the debit cards all started years ago. Let me explain.

Over Two Years Ago:

Over two years ago, TNT Tony (and other copy-cat gurus) told their listeners that the Iraqi dinar was “international”. Really, I said. They told their listeners that we are just “waiting for the rate to change”. I said…really? I debunked these kind of statements. I visited the FOREX site for myself and all I could find was a placeholder updated with the CBI rate. I then called my CBI contact and verified I was correct. The dinar was NOT international and this is straight from the Central Bank of Iraq (CBI). Trading of buying or selling through FREX is still prohibited. Why? This was due to OFAC sanctions that are still imposed on the dinar.

They said and I quote – “Its international and we are only waiting for the rate to change”? What rate? Really? I disputed what rate since the rate on FOREX was only a placeholder how could it change? Again they bashed me for such logical, honest and factual sense.

Since there was only a placeholder on FOREX and not FOREX for trading, I haven’t a clue as to what the hell these idiots meant by “international” but it certainly did not fit my definition, the IMF’s definition or the CBI’s definition. Yes, it seems TNT Tony lives in his own tiny world of hyper- speculation and fortune telling. I short he is full of sh_t!  

Yes, this placeholder rate on FOREX, still the “program” rate, is updated daily by the CBI for the dinar. This is a VERY GOOD sign for us and shows they are getting the world ready for the comeback of the dinar. But not just yet. Not this weekend either.

Then there are the FAKE stories from the TNT idiot telling us that Iraqis in the U.S. were using their debit cards from Iraq in ATMs and banks. They told us then received rates like over $3. I told everyone this was bullshit 2 years ago and I still stand behind my statements. The banks in any country including the U.S. must use FOREX to convert any debit card from a foreign country currency to the US dollar currency using the rate of that country. There is no other mechanism to figuring what rate. This is a FACT not a Mnt Goat theory. Go research it yourself. Obviously, they didn’t!

At that time these same TNT idiots told you that Iraqis in the U.S. were using over a $3 rate. This is impossible since they also said that FOREX was using the CBI program rate placeholder of 1/6 of a penny. Which is it? Ironically it has to be one or the other but not both. Right? Go out and look at what rate is on the FOREX placeholder. It is around 1320 dinars per dollar.

Can’t have both. So caught in their lies again…… Where does this over $3 on the debit card come from? Does it just magically appear out of nowhere? Do they even know what the hell they were talking about back then years ago?

Fast forward to today:

So now its 2023 and the TNT idiot Tony is recycling the same old bullshit story. Get it? Yes, the debit card lies all over again. They are trying to back pedal the lies they told us years ago and to justify them. You know the old saying – tell a lie then you have to tell more lies to cover for them.

They think that you and I forgot the past. They think we are stupid! 

Hmmm...Crinkle lips…I guess I am stupid

But again, like years ago, I was criticized last week for telling the truth and catching them on their lies.

What is their lie?

If you haven’t figured it out yet, these idiots once again from TNT are now recycling their scam on you and making their latest headlines and hype by telling you that once again that the dinar is “international”.

Oh…but wasn’t it “international” over years ago? Did the IMF take it off the international so it could wait a couple years just to make TNT Tony happy so he can now tell us again it back international. Do you get my point….lol..lol.. 😊

Yeh…didn’t TNT – Tony and Rayren Renfrom brothers say and I quote – “Were just waiting for the rate to change”?  lol..lol..lol… 😊

How can it just go “international” if it was already international years ago? I don’t get it? Please tell me. But it wasn’t EVER international since 2003 it’s not international now either. Get it? It is just the same old recycled lies. They are caught in their past lies.

But the only way they can explain the confusion is to bash me for catching them in their lie. Yes, everyone of their dumbed down idiot followers just follow the insanity and never even question their lies.  

Now I am telling you again it is NOT international until it goes on FOREX. This is when we go to the bank. We must also witness the redenomination to take place to delete the zeros. The U.S. Treasury must also lift the OFAC sanctions and I have a very good source who will notify me the minute when this is done.  The rest is just rumors and hype, the same hype they are trying to pump on all of us years ago. They are recycling their lies. Go figure! Nothing has really changed. Please stop all the recent hype!

Yes, these idiot gurus just recycle the same old lies over and over again. Here we go again “Deja Vu”. How many times must we hear this crap?

____________________________

Define Déjà vu : Déjà vu is a French term that refers to the feeling of having already seen or experienced something before, even though it is a new experience.

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 I hope THIS helps everyone have a VERY NICE weekend.

I will keep you informed if I hear of any REAL news about an RV or RI.

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

Hi Everyone,

I bring you news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Matthew 10:8

… Freely you have received; freely give.

More news….

OIL: MAY REVENUES EXCEEDED $7 BILLION

The Ministry of Oil announced the total exports and revenues achieved for the month of May, according to preliminary statistics issued by the Iraqi Oil Marketing Company {SOMO}, where the total amount of exports of crude oil reached (102) million and (463) thousand and ( 387) barrels, with revenues amounting to (7.306) billion dollars.

(Yet the dinar is still at 1/6 of a penny?)

More news….

TODAY, JUNE 1ST THE CENTRAL BANK LAUNCHES THE ELECTRONIC PAYMENT PROJECT

Today, Thursday, the Central Bank officially launches the electronic payment project (POS) in line with the economic developments taking place in the developed countries of the world, and this project paves the way for reducing dealing in paper currency.

The Deputy Governor of the Central Bank d. Ammar Hamad Khalaf told Al-Sabah: The departments and ministries that work with collection will adopt, starting today, Thursday, the electronic payment system, stressing that the citizen has the right to pay through these devices or by cash during collection, after those departments provide their services.

(Just as they said they would. As you may know if you have been following this RV saga for years, that the CBI has wanted to institute this POS effort for almost 2 decades now. Finally its success. But why? Why now? Read my lips – its because of the de-dollarization and the NECESSITY to do it now, yes the changeover of the currency.)

More news….

THE CENTRAL BANK IDENTIFIES THE CATEGORY RESPONSIBLE FOR THE ESCALATION OF DEMAND FOR THE DOLLAR IN THE PARALLEL MARKET

Information / Baghdad.

The Central Bank of Iraq identified the party responsible for selling the dollar at the parallel price, while stressing that the dinar is the national currency and there is no need to deal with others.

Assistant Director General of the Bank’s Investment Department, Muhammad Yunus, said in a statement to the Iraqi News Agency (INA) that “the aim of the Central Bank’s launch of the three consecutive packages is to maintain the stability of the exchange rate and deal at the official rate, and the sale was launched through cash sales platforms.”

He added, “The bank is currently adopting a mechanism to improve procedures, facilitate remittance transfers, and overcome all difficulties,” pointing out that “small merchants who are not entitled to enter the platform are the ones who buy dollars and deal at the parallel price, pressure and form a demand for it. As for the rest of the commercial companies, they enter the platform and run Its remittances are normal and at the official rate.

He emphasized that “those speculating in dollars are violating the law, and dealing with them is done through the Iraqi judiciary.” 

More news….

STATUS OF THE RV

VALUE vs RATE

Folks think about this- the IQD was over $3 USD per dinar before the 1991 invasion of Iraq. I know, I know you have heard this over a million time already. But what does it mean? What does it reflect on the IQD today and since?

At that time on 1991, they had very little reserve cash, pumping much less oil, and obtained much less gold in their reserves. I have been showing you all along the recent acquisitions of gold purchases, the enormous revenues in oil ($7 billion just in May) and the amount of CBI reserves ($115 billion). With the Kuwaiti dinar at over $3 KWD per US dollar and they don’t have half the economy that Iraq has right now, never mind all the gold, oil, agriculture and other resources. Folks, it has been almost 20 years already since the 2003 war.

So, what is going on here?

So why do they keep pretending that it is the Iraqi economy that must first flourish to raise the rate of the dinar? Why do they keep pumping this propaganda out that they need foreign investors? I don’t get it.

This is called “artificially” manipulating their currency. Get it? It is not a fair valuation at 1/6 of a penny by any stretch of the imagination. Get it? They don’t need to grow their economy or bring in investors to raise the rate of the dinar, as it is today. It is not about raising the value, as they tell us, as the value is already there and has not left, but instead raising the rate to reflect the TRUE value already present in the IQD.

But here is the key – when will someone do something about it and stop the corruption at the level of the US Treasury and the IMF to stop this suppression of the Iraqi dinar and finally “liberate it”.

Will we see the Revaluation / Reinstatement soon?

Okay so there are many of these so-called intel gurus now telling you this week that the rate has already gone “international” and we are just waiting for it to be turned on in the US so we can get the green light to go the bank. It this being TRUTHFUL? No!

Folks, how many times must we hear this bullshit! ☹ It is all made up bullshit, get it. When the rate of the IQD goes international you will see it on FOREX and it will be trading and not before. It can not go international and them be kept from us. Plus, how many times must we hear this bullshit. Remember those pushing out this agenda of this latest crap also told us that over a year ago the IQD revalued to $9 in country. Really? This of course was a flat out lie, but these same gurus have not been held accountable for their lies and people still listen and soak up their bullshit.

Folks, the reinstatement of the IQD, the liberation of the IQD is coming and it’s not going to be years. Soon we will see the honest asset-backed rate. Just settle down, relax and listen to TRUTHFUL and HONEST news from Iraq. It’s all in the making and my CBI contact told me to just be patient. I will try to bring it all to you as I get it. But we must also consider the corruption surrounding it. It too must be dealt with. It will never be a perfect world but it must get to a high state of SECURITY and STABILITY before they release it. I believe they have already reached this point and the currency reform (with the de-dollarization and de-pegging) is at the point of no return. It must now move ahead to the next stage. See their plan for yourself. LINK

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

Start Doing it Now! Stand up for something!

Harris Faulkner Goes Rogue Live On-Air — Tells Viewers The TRUTH – YouTube

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THE SHOWDOWN BETWEEN THE FBI AND CONGRESS CONTINUES

If you have been following this ongoing FBI corruption sage, now you know  the FBI has until June 6-7 to turn over the documents related to the Biden case. Will the head of the FBI, Christopher Wray decide to do it? I double dare you not to do it…..

Folks this showdown is multi-layered. For one issue it’s about getting from the FBI documents that have been subpoenaed a month ago. So, does congress have the authority to request them and expect the subpoena to be carried out? Yes, it does.

Next, it’s about the balance of power. The US Constitution gives certain branches the power it needs through it’s elected members. This is a direct representation of the people, the citizens who voted them in. So, this is a perfect case of this ongoing FBI saga of who is going to reign in a rouge organization of the federal government that has become corrupt? Who is left if not congress and “we the people”? The FBI has been getting away with derelict of duty as the premier in-country federal law enforcement agency for a very long time. Why have they not yet investigated these oversea payments given to VP Biden that total over 10 million dollars? But this is just one case of corruption where protection has been given to politicians in a favored party. We can also see the Hillary Clinton crimes with Bengasi and her security breach with using a private server. Oh…then there is the FBI going along with the Russian Collusion hoax and supporting it instead of investigating it and dismissing it, as we all know especially after the Durham Report. But there is more, much more. These high ranking members of the FBI think they run the country and are too powerful too reign in. This is a perfect example of when anyone says that the “deep state” is running our country. Get it?

Third, it’s about a check and balance of the Executive branch, where you can’t have appointed members to government agency by the executive branch favoring the side that appointed the members. Also acting as goon squads going after political opponents, a protection racket.

Folks, this is Nazi Germany all over again. Get it? Yes, maybe its not yet on your front doorstep as they knock on your door in the middle of the night. But if we allow this to continue you soon may be their scope too.

This is called fascism and we have been warned about this by many constitutional scholars over the last four decades. Still nothing has been done to eliminate this internal threat and so here we are today. We watch over and over again the two-tiered system of justice, yet they get away with it over and over again. It is time to reign in these rouge agencies and constitutionalize them once again. Some may have to go to jail, others may be subjected even to the penalties for treason.

15 Things You Didn’t Know About George Soros – YouTube

Please take a few minutes to watch the video below to educate yourself on this ongoing saga.

FBI, DOJ running ‘protection racket’ for Biden family: Gregg Jarrett – YouTube

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More news….

How to pray the Rosaries

Please try to remember to pray daily for our country and the Iraqi people. We as investors in the Iraq currency have a spiritual right and a legal right to benefit from God’s Glory, when He bestows His abundance and prosperity on the Iraqi people. But we must keep praying and as prayer warriors we will overcome the tyranny of both nations.

Our RV / Reinstatement Prayer: link

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

FRAMEWORK: THE SECOND PHASE OF THE SUDANESE CHANGES WILL BE ANNOUNCED AT THE END OF THIS MAY

(I believe this goes much deeper than changes in the prime ministers cabinet…..hint, hint… 😊)

Information / Baghdad… The leader in the coordination framework, Turki Al-Atbi, confirmed, on Tuesday, that the second phase of government changes will be announced at the end of this May.

Al-Atbi said in an interview with Al-Maalouma, that “the changes in the positions of general managers of government institutions in most Iraqi governorates represent the first stage of the change program that was approved by the Prime Minister by the comprehensive evaluation committees.”

He added, “There is a second phase of change that will affect dozens of general managers in ministries, government agencies and institutions in Baghdad and the provinces at the end of May.”

He pointed out that “the process of change is taking place in parallel with the commissioning process,” pointing out that “changes are required in order to change administrative patterns and give a role to the new blood in taking its role.”

Dozens of exemption orders were issued in recent days to directors of government departments in Baghdad and the provinces.

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THE CENTRAL BANK: ISSUING A NEW DENOMINATION FOR THE NATIONAL CURRENCY IS NOT ON OUR AGENDA AT THE MOMENT

The Central Bank of Iraq settled the controversy regarding the possibility of issuing a new category of the national currency and pumping it for circulation in the local market.

The Governor of the Central Bank, Ali Al-Alaq, said in a statement to the National Iraqi News Agency / NINA /: “We are not with the issuance of a new monetary category for the Iraqi national currency currently in circulation.”

He explained: “The issuance of cash currency for the category of twenty thousand dinars, is not in the agenda of the Central Bank of Iraq now.”

On the developments of the dollar exchange rate mechanism in the local market, Al-Alaq stressed: “The Central Bank is currently implementing all purchase requests from the dollar for all categories of citizens.”

He added: “Any rate outside the official established exchange rate is for the purposes of speculation or carrying out illegal actions in local transactions,” indicating: “The beneficiary who is looking for a higher exchange rate and has the opportunity to buy at the official rate is looking for a higher price on the black market, This is evidence of legal forms in the transactions that he intends to carry out.

(Gee Whiz,,,,, 😊 didn’t I tell you this new 20k note would be “indefinitely” postponed now that Ali Alaq is CBI governor again? So, who was right again? This is basic common sense folks. If they are going to RV then why would they need a new three zero note?)

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What is the strength of the Iraqi dinar against gold?.. An economist reveals details and numbers

 
The value of the Iraqi dinar was 53.7 thousand Iraqi dinars per gram of gold in April 2023, compared to 66 thousand Iraqi dinars per gram of gold in April 2022, according to economic expert Manar al-Obeidi.

Al-Obaidi said in a post, followed by Alsumaria News, that “the Iraqi dinar is a paper currency issued by the Central Bank of Iraq. The Iraqi currency derives its strength and value from the value of the reserves of the Central Bank of Iraq and the value of these reserves of foreign currencies in front of gold.”

According to the attached table below, the Iraqi currency rose in value for the month of April from the current world by 19% on an annual basis and by 0.1% on a monthly basis against gold.

That “this improvement in the value of the Iraqi dinar gives a great impression that the Iraqi dinar is strong and stable.”

(Folks think about this- the IQD was over $3 USD per dinar before the 1991 invasion of Iraq. At that time, they had very little CBI reserves, pumping much less oil, and obtained much less gold. I have been showing you all along the acquisitions of gold purchases, the enormous revenues in oil and the amount of CBI reserves. Kuwaiti dinar at over $3 KWD per US dollar and they don’t have half the economy that Iraq has right now never mind the gold, oil and other resources. So what is going on here?

So why do they keep pretending that it is the Iraqi economy that must flourish to raise the rate of the dinar? I don’t get it. This is called “artificially” manipulating their currency. Get it? It is not a fair evaluation at 1/6 of a penny by any stretch of the imagination. Get it? They don’t need even to grow their economy or bring in investors to raise the rate of the dinar. It is not about raising the value, as they tell us, but instead raising the rate to reflect the value already present in the IQD. But the key here is when will someone do something about it and stop the corruption at the level of the US Treasury and the IMF to stop this suppression of the dinar.)

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The Iraqi Central Bank: The dinar is our national currency, and there is no need to deal in dollars

link

The Central Bank of Iraq confirmed, on Wednesday, that the dinar is the Iraqi national currency, and there is no need to deal in dollars.

This was stated by the Deputy Director General of the Investments Department at the Central Bank of Iraq, Muhammad Yunis, according to the official Iraqi News Agency.

Yunus said, “Small merchants who are not entitled to enter the platform are the ones who buy the dollar and deal at the parallel price and press and form a demand for it. As for the rest of the commercial companies, they enter the platform and conduct their transfers normally and at the official price.”

He continued, “The members of the Iraqi Dinar Support Committee are communicating with the security services to implement the instructions of the Council of Ministers and the Central Bank to support the dinar, stabilize the exchange rate, and prevent informal dealings because there is no need to deal in dollars in Iraq.”

He emphasized that “those speculating in dollars are violating the law, and dealing with them is done through the Iraqi judiciary.”

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Legal expert Ali Al-Tamimi clarified, on Wednesday, the essence of the dispute over the amendments of the Finance Committee in the budget with the Kurds, pointing out that the amendments were consistent and correct and coincided with the decisions of the Federal Court.

 

Al-Tamimi told Al-Maalouma that “the general budget law witnessed voting on most of its articles except for Articles 13 and 14, where the first article stipulates in its second paragraph that the regional government is committed to exporting 400,<> barrels per day of crude oil, and it was amended by the Finance Committee, provided that the export is exclusively through SOMO.”

He added, “The amendment from the Finance Committee on the aforementioned article corresponds to the decision of the Federal Supreme Court and is correct, as it is consistent with Court Decision No. 59 of 2012, during which it confirmed that all exports are exclusively through the SOMO company.”

And he indicated that “the second point of the amendment to the article itself, the draft law stipulated the commitment of the Ministry of Finance to pay the region’s dues monthly before the oil was exported, but the amendment stipulated that the share would not be delivered until after the oil was paid through SOMO.” 

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Integrity announces financial rewards for those who report cases of corruption

Shafaq News / The Federal Integrity Commission announced, on Wednesday, the disbursement of financial rewards to those who submit reports about officials whose money is inflated and those involved in illegal gain.

In a statement received by Shafaq News agency, the authority stated that the prevention department in the authority, in its discussion of granting rewards to whistleblowers, stated that those who initiate a report and information leading to the detection of cases of money inflation and illegal gain are included in Law No. 33 of 2008 rewarding whistleblowers.

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he Central Bank promotes the use of payment devices (POS) in accordance with the decision of the Council of Ministers

link

The Central Bank of Iraq announces the entry into force of Cabinet Resolution No. (23044) for the year 2023, represented by increasing the number of electronic payment devices (POS), which are used starting from 1/6/2023 in government institutions and the private sector to enhance the culture of electronic payment and collection, and reduce The use of paper money in collection and commercial transactions.

And the Central Bank of Iraq affirms that it has been continuing for years to provide this service in accordance with its powers, and in compliance with the decision of the esteemed Council of Ministers, as it has started since the beginning of this year to expand the scope of work, hold workshops and launch incentive initiatives to implement financial inclusion and enhance the use of electronic payment by citizens in ministries and agencies. And state departments that work with collection and financial collection, such as the Ministry of Interior, Electricity and Oil, the Housing Fund, the Municipality of Baghdad, and the Ministry of Commerce, indicating that each entity that provides its services or has financial collection with citizens directly, will work through electronic payment devices (POS), and for the citizen The right to choose payment in the way that makes it easier for him, revealing at the same time that there are other government institutions and departments that will join the (POS) service during the next few days, in implementation of the aforementioned Cabinet decision.

The Central Bank indicates that there is a great response from the private sector, commercial centers, licensed delivery companies, taxi companies licensed by the competent sectoral authorities, and some universities and private hospitals, by providing point-of-sale (POS) devices in their work.
And that this bank has provided the necessary infrastructure and support for the launch of this project in its expanded form, and its continued development according to the best international technologies and specifications in service of the public interest, and facilitating the procedures for electronic cash circulation through bank cards, explaining that the money is transferred electronically from the cards of the beneficiaries of this service to the bank The holder for the account of the billed government entity is after completing the processing and settlement operations in the highly reliable and secure payment systems affiliated to the Central Bank of Iraq and in accordance with international best practices.

Central Bank of Iraq

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Articles End

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

Hi Everyone,

I bring you news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Matthew 10:8

… Freely you have received; freely give.

More news….

BUDGET AND IS AWAITING SETTING A DATE TO VOTE FINAL PASSAGE

Broadcast by Al-Furat TV channel this evening, Sunday, that: “The committee has completed 99% of the budget and is awaiting setting a date for the session.

Al-Kazemi said in an interview with colleague Ahmed Al-Tayeb, followed by “Nas”, (May 29, 2023), that “next week will witness the passage of the balance, and there is an agreement between the leaders of the framework and the Kurdistan Democratic Party to pass it.”  

The President of the Republic, Abdul Latif Jamal Rashid, on Tuesday, the need to speed up the completion of the budget law, expecting its approval by the House of Representatives in the next few days. 

More news….

OIL: REVENUES LAST MONTH AMOUNTED TO MORE THAN $7 BILLION 

Today, Sunday, the Ministry of Oil announced the total oil exports and revenues achieved for the month of April, while noting that the revenues amounted to more than $7 billion. 

More news….

IRAQ RAISES ITS GOLD RESERVES BY 2% TO 132.73 TONS

The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week, as part of what it calls a gradual plan to stockpile the precious metal, which is seen as a traditional haven in times of economic crisis.


“Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons,” said Mazen Sabah, director general of the Central Bank’s Investments Department, in an interview in Baghdad.


He added, “The strategy is to get more gold in the second half of the year.”

(Why is Iraq accumulating all this gold? Are they backing the dinar with it? Are they going on the gold standard in a serious way? I have already given you some proof that they are. This article is just more of the same.)

More news….

STATUS OF THE RV
So first I want to give everyone a quick update on the Iraqi budget.

A member of the Finance Committee, Hussein Moanis, said that the budget has become balanced and the region is on the straight path. I do not believe this to be a factual statement since too much other news still tells us the budget has a large deficit of 63 trillion.  Also the Kurdistan Regional Government (KRG) announced on Friday its rejection of the parliamentary finance committee’s amendments to its share of the budget. Yes, they are trying to decrease Kurdistan’s minimal constitutional % of the budget to help decrease the deficit. This effects two sections of the budget.     

The government said in a statement received by “NAS” (May 26, 2023), that the changes made by some members of the Finance Committee in the Iraqi Council of Representatives, on 2023/5/25 against the Kurdistan Region, to the draft budget law, are unconstitutional and contrary to the agreement between the Kurdistan Regional Government and the federal government, which is the program of the Council of Ministers voted on in the Council of Representatives. The Kurdistan Regional Government, will not accept this oppression and violation of the rights of the Kurdish people, and we will not abide by any other decision except the previous agreement with the Sudanese government,” she said.  

So where is the CBI on the path to the reinstatement to FOREX?

First I need to say, I cannot over emphasize enough that this is a once in a lifetime event for most of us so make the best of it. You can make some really good money and change our lives and the lives of those around us. So go for it! Buy more currency! Exchange on time.

In other words, if we look at the 2011 plan developed by Dr. Shabibi, what are the next steps? I will not rehash again what already happened in the plan but instead concentrate on what we are now looking forward to seeing.

Well….you should know by now the “project to delete the zeros must be completed just prior to or at about the same time of any major rate change to what we want to see. Remember now, don’t be fooled by these so-called, intel gurus who will lead you down their path of insanity and refer to a “program” rate revaluation, the go off half-cocked. The CBI might still move from the 1320 to yet another official program rate, but I doubt it though. It has been weeks already since they settled the parallel rate issue. If they were going to do it, they would have already done it.

What we want Iraq to do now is to get off the program rate and finally “liberate” the dinar back to pre-war normalization from the embargoes and the wars. Get it? This is when we go to the bank and not before.

So, I showed you proof that a limited quantity of the newer lower denominations was printed in 2019 but we also know the new coins or fils are stamped by a Swiss company and are also ready.  Did you like those four articles from the past in my last newsletter? These gave the newbies a very good perspective that this is real and the CBI does plan to execute this Dr. Shabibi reform plan to completion.

The next step in the plan is to reinstate to FOREX thus to “liberate” the dinar once again for the investors. Financial planners will not dare touch the dinar the way it is today since it is still under the stigma of the war, terrorists and uncertainty. Yes, a high risk. Today would also be illegal to take these dinars and over speculate in pensions, 401K and other investments but this will change in the near future.  

But we know differently how the dinar has progressed out of these darker days. We know what they are about to do and have to do it. Think about all the actions the CBI has taken just since January of 2023. WOW! Go ahead and tell me you are still skeptical! Go ahead and tell me this is just a scam! ☹……. Wake up!

So, we sit and wait for the reinstatement and the reassignment to another peg. The next peg will be in a basket of currencies. I believe it will NOT be the BRICS. It will be a basket of 5-6 developed currencies and may include some of the BRICS countries. The US dollar will still be the largest percentage. I learned a decade ago this could be as high as 60% of the basket. Back in 2011 the BRICS was just a concept but now it too is a reality and growing. But don’t be fooled by rumors from these intel gurus of its significance for Iraq. Yes, I know, I know that there is rumors Iraq may join BRICS and this could change the basket if they do. But this may come after we see our long-awaited reinstatement.  

Then the next step to coincide with the announcement of the new peg is a monitored float. Remember that Dr Shabibi told us in a press conference more than a decade ago that the dinar could withstand a rate of up to 16 dollars for every dinar. But this does not mean they will let it float that high, so relax. Don’t lick your chops yet. Remember there is also the China contract rate of oil and so go for it too. It could be around 28.50 per dinar if available at the time you exchange. All you have to do is ask for it.  

Many ask me what is BRICS? So here I try to define it for you:

-BRICS countries are a multilateral forum initiated by Russia. It was formed in 2006, and the group held its first summit in 2009. It is a union of emerging economies.

-The acronym stands for countries of Brazil, Russia, India, and China. … Yes, they are the instigators of it. Go figure…..

-It constitutes major developing economies that aim to impact several fields, including energy, environment, international trading, and stabilization. But don’t be fooled. These good-hearted said intentions rarely make it to reality. So, let’s get real then. The main goal being orchestrated by BRICS is to ditch the US dollar as the global currency for exchange and move to the yuan. Please anything but the Chinese Yuan….. ☹

What can we do sitting on the sidelines waiting & watching all this drama play out?

We can PRAY! This is most of what we do. We are so close.  Yes, pray, pray and pray some more. Someone recently asked me what we could do as investors to help see this event go through. I said two things – pray and pray some more.

Our prayers are working. I can assure you with 1000% certainty that in part our prayers have moved this along…finally. God has heard our pleas and this wealth transfer is coming. Our God is good God and merciful one. Even the prophets picked up messages from God on this subject matter recently.

Folks… in summary- it is here and there is no turning back for Iraq now. They can ONLY go forward with the project to completion for the currency reform of the Iraqi dinar.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

Prophet Wanda Alger
Their “shit” is very deep

Yes, Hocus Pokus and razzle dazzle them

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FBI Officials Took Cash Payments To Target Americans!

I can’t believe this is being done by the FBI & IRS in America? Worst yet they are only taking orders from the globalist WEF, Obama and Biden administrations. Don’t believe me? Watch these 2 videos below:

It’s Time to DEFANG the Corrupt & Weaponized FBI – YouTube

Weaponizing the FBI against US citizens
Weaponizing the IRS against US citizens

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Taxpayer money allegedly funding program linking Republicans to Nazis

The only republican family I know of linked to Nazis is the Bush family. We know he is a Nazi and a globalist. Since the 1960’s after the JFK era, all our presidents have been globalists and signed on to this globalist agenda. Papa Bush and Obama committing the most damage so far. The only exception was President Trump, so go figure why he is their target.

A new recent discovery about the Biden administration. However, it doesn’t really surprise me. Like I said in my last newsletter, the more you dig the more dirt you find.

His grandfather and father had close ties to the Nazis,
By the way this ideology of global conquest for
total power & control did not go away when WW2 ended.

The democrat (DNC) newest game is to link all Republican supporters as “domestic  terrorists”. Of course, they plan to use the FBI in this action. Below is a diagram outlining organizations that should be targeted by the justice system. Yes, MAGA is of course on the list and people with red MAGA hats or T-shirts will stand out as targets. Even FOX News is found, which speaks volumes for FOX as they must be hitting the nail right on the target. What about the most Christian conservative organizations also on the list. This is all amazingly so corrupt. Yet, the head of NSA can let tens of thousands of illegal, unvetted immigrants sneak through the southern border. Do you see the irony? Do you see the intentionality? This is not just happened as a matter of course. It is well planned out.

You might want to take look at the video I present for you today on this subject matter.

If you watch this following video with Congressman Ron Johnson you can get a good idea where Congress is going with the FBI and how they are going to “smack” down on this organization for their corruption. All these fights from Congress with the FBI, IRS and security agencies is really all about a balance of power and the power Congress has not exerted to its full extent to rein in these agencies consisting of non-elected, appointed govt officials who have abused their positions and no one is ever held them accountable for their abuse of their power. Now this new Republican held Congress is holding them accountable but still the American people are skeptical that anyone will be indicted. Will anyone actually go to jail or better yet “hang” for treason?

Watch Wray SMACKED DOWN After Ron Johnson EXPERTLY Trap Him With ‘Hunter Set-up’… Faces JAIL Time – YouTube

What are the laws on Treason in the US?

Treason is defined on the federal level in Article III, Section 3 of the United States Constitution as: “only in levying War against [the United States], or in adhering to their Enemies, giving them Aid and Comfort.” Most country’s constitutions include similar definitions of treason, specifically limited to levying war against the state, “adhering to the enemies” of the state, or aiding the enemies of the state, and requiring two witnesses or a confession in open court. Why do I concentrate so much on treason today?

I concentrate on treason because these crimes against the US are heading in this direction. If the republican held house is really serious on these crimes, they probably will be referred later to a military tribunal by Congress for the trial and sentencing. Pay attention to what is happening in these hearings, especially the judicial hearings chaired by congressman Jim Jordan.

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Whistleblowers have proof Joe Biden involved in his very own bribery scheme

Did Vice President Biden take money in exchange for political favors? No, this is not just Hunter Biden but the “big man” all by himself. So, what happened to this news story then? It came out one night and then disappeared. Gosh,,,I thought this would be huge news. Did they just cover it up? It involved over 10 million dollars in bribes. Did they hush it up and thus use it against Biden in exchange for getting the debt ceiling deal done? Did you notice how just a day later progress was made and Biden caved in? You have to wonder….. It is all so corrupt.

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The TRUTH behind the debt limit crisis

By Congressman Chip Roy

I will let the video speak for itself. We know now that Biden has caved in 98% of the terms that speaker McCarthy and his party put forward. There will be no default. The entire saga was yet another democrat orchestrated crisis to pump more propaganda. Folks, they have nothing good to share/give to America and so the deception and lies is all they have.

Congressman Chip Roy on the Budget deception

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Seems making money off of the LGBTQ…. movement goes way beyond the Medical Industrial Complex, Beer and Drug

Yes, there is BIG money to be made screwing Americans besides just transgender drugs, beer and operations. Now it hits the clothing industry too. But will it backfire on them too?

What Target Doesn’t Want Parents to See – YouTube

Is it time to boycott target stores too? Enough said… watch the video. ☹

Just Do the Right Thing!

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Still being pressured to take the Covid vaccine or boosters shots?

Will you be one of the tens of thousands of the “unlucky ones”?

Actually, it’s like a throw of the dice as to who will react negatively to the vaccine and booster and who will not. But is this even the full TRUTH? So, also, what all Covid vaccine takers don’t know is that even if you don’t have an initial reaction your immune system has been so compromised that you could still be prone to having issues from it later in life. Yes, even years down the road.

Yes, this is a life-long set of issues to worry about. What will happen as the years roll on for many people is that they will die from some related issue(s) from these Covid vaccines however, because of the time delay, the medical field will more than likely never tie it directly to the shot.

I have to ask – Is this “delayed genocide”? Does the WEF now acting upon their promise to reduce the world’s population down to 2 billion?

No, I am not some right winged extremist conspirator theorists. I think that we all should think about banning these vaccines as the casualties out weight any benefits, if there was actually even a need for the vaccine in the first place. Remember I brought to you three (3) common remedies to the Covid virus if you feel your immune system can not handle it naturally. I present these remedies here link.

When we now have astronomical statistics from the CDC itself, that tell us that more people died after receiving the shots that died from the Covid infection itself, we better start paying attention.

What are these issues? I will not get into these issues as I will let the video below speak for itself. The issues can vary so much depending on the person and that too is the problem. The most found issue is with the heart and blood clots. My goal today is the same as it has been since the announcement of these vaccines and booster shots in 2020. Simply put – don’t take them!!!!

Simply put – don’t take the vaccine as they are dangerous and VERY unnecessary. Don’t let anyone or any organization tell you differently. It’s your body and if you do decide to take the vaccine you must know about the consequences of your own actions. You are the blame as YOU should know better as many doctors and organizations are screaming to you not to take the shot.  

Oh….you just got to watch this video below. It makes my stomach turn sour… These cases did not have to happen.

COVID-19 vaccine injury compilation – YouTube

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Biden the most corrupt president ever

More news….

How to pray the Rosaries

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. As we celebrate all mothers in May who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God to his creation of the bond between a man and a woman. Sorry gays and quires not today! ☹

Our RV / Reinstatement Prayer link

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

IRAQ FEDERAL BUDGET TO BE VOTED SATURDAY: OFFICIAL

ERBIL — The federal parliament in Baghdad is reportedly going to convene on Saturday, voting on the long overdue federal budget bill.

(NO, it did not happen this past weekend. No new date is set to vote. Kurdistan is now once again holding it up but for a very good reason. The next article below is recent and tells us why.)

Parliamentary committee on finance will finish voting on the provisions of the bill tomorrow [thursday], and will officially submit it for a vote in parliament on Saturday, Narmin Maaruf, member on the finance committee, told BasNews today.

The Kurdistan Regional Government (KRG) and the federal government of Iraq have been awaiting approval of the budget bill in order to press ahead with their cabinets’ investment and development agenda. Given the suspension of KRG crude exports, Erbil is dependent on federal budget allocations.

Baghdad approved the bill in March this year, which is the largest in decades. The budget covers public expenses for the years 2023-2025. It totals nearly 200 trillion dinars, with12.67 percent of the overall budget being allocated to the Kurdistan Region.

(Please see next article….there is always a “but”.)

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KURDISTAN PUTS THE STICK IN THE WHEEL TO OBSTRUCT THE PASSAGE OF THE BUDGET

 

Some Kurdish parties stood against passing the budget within the Parliamentary Finance Committee, despite the existence of a prior political agreement during which it was confirmed that the exported oil would be sold through the region through the SOMO Marketing Company, provided that the revenues are deposited in a specific bank in order to ensure that these amounts reach Baghdad in return for the region’s hand over its agreed budget.

The Kurds’ objection and their obstruction of the work of the Finance Committee has brought the situation back to the starting point, and despite the possibility of passing it without returning to the objectors, Baghdad still takes into account the rights of all components before proceeding with the budget legislation.

In this regard, the representative of the State of Law Coalition, Asaad Muhammad, told Al-Maalouma, that “the regional government demands its share of the budget in addition to its control over the sale of oil and the revenues of the 400,000 barrels exported through Kurdistan without referring to the federal government or the oil products marketing company SOMO.”

SHAKHWAN ABDULLAH: WE WILL NOT ALLOW SATURDAY’S SESSION TO BE HELD IF ARTICLES 13 AND 14 OF THE BUDGET ARE AMENDED.

 

Deputy Speaker of the House of Representatives, Shakhwan Abdullah, confirmed that the “Kurds” will not allow a session of the House of Representatives to vote on the budget, in the event that Articles 13 and 14 of the draft law related to the entitlements of the Kurdistan region are amended.

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A SHOCKING PREDICTION FOR INTERNATIONAL CRITICISM: IRAQ IS A NEGATIVE COUNTRY NEXT YEAR

The International Monetary Fund expected, on Thursday, that Iraq’s current account balance will decrease during the current year, and it will turn negative in 2024.

And the Fund stated in its latest schedule for the month of May, seen by Shafaq News agency, that the current account balance for Iraq is expected to decrease during the current year 2023 to 4.4% of GDP, down from 11.6% of GDP for the year 2022.

He added, “It is expected that the account balance for Iraq will decline to become negative in 2024, to be -2.5% of GDP.”

The fund indicated, “The current account balance of Iraq was negative in 2020, to record -10.9%, to rise in 2021 to 7.8%, and then it increased in 2022 at a rate of 11.6%.”

He explained that “the highest current account balance for the Arab countries for the year 2022 was for Kuwait, which amounted to 28.5% of the gross domestic product, followed by Qatar with 26%, then Saudi Arabia with 13.8%, while the largest negative balance of the current account among the Arab countries was the share of Tunisia.” and Jordan with -8.5% and -7.4%, respectively.

A positive current account balance indicates that a country is a net lender to the rest of the world, while a negative current account balance indicates that it is a net borrower of the rest of the world. If the economy runs a current account deficit, it absorbs more than it produces (absorption = domestic consumption + investment + government spending), and this can only happen if some other economy lends its savings to it (in the form of debt or direct investment / portfolio in economy) or if the economy is running low on its foreign assets such as official foreign exchange reserves. On the other hand, if the economy is running a current account surplus, it absorbs less than it produces.

This means that they are saving, since the economy is open, this saving is invested abroad and thus foreign assets are created.

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AL-SAMARRAI: THE PATH OF DEVELOPMENT WILL TRANSFORM IRAQ FROM “THE BOOTY” TO THE DECISION-MAKER

 here’s another title Al-Samarrai: The development project will move Iraq from the stage of “the spoils” to the stage of “the partner in the global trade movement”.

The head of the Azm Alliance, Muthanna al-Samarrai, considered today, Thursday, that the “development path” project will move Iraq from the stage of “the spoils” shared by countries to the stage of the decision-maker and the partner in the movement of the global economy and trade.

Al-Samarrai affirmed, in a tweet seen by “Baghdad Today,” his strong support for every economic project that contributes to the country’s renaissance.

Next Saturday, the Iraqi capital, Baghdad, will host a conference of transport ministers of neighboring countries and the Gulf Cooperation Council to discuss the “strategic development road” project, which connects Basra on the waters of the Arabian Gulf with Turkish lands, which was agreed upon by Baghdad and Ankara as part of a huge commercial and economic cooperation project between the two countries. 

(I don’t know about you, but this article speaks volumes as to where Iraq intends to go. Many may not know fully what the term booty means so I thought I would define it and explain it a bit more on the terms of what has been happening in Iraq for almost 2 decades.

“Booty” defined: valuable stolen goods, especially those seized in war: something gained or won:  winners will receive their prizes, spoils.

Yes, these politicians, both Iranian backed and US politicians have been getting their share of the Iraqi booty at the expense of rebuilding the country and helping the average citizen. Oh…they give them ration cards to shut them up so they don’t riot. Yes, throw some food to them to keep them quite. Even their socialist salaries were 3-4 months late. I only need to go as far as mentioning the corruption with the currency auctions and the early, illegal currency exchanges of 2012-2013 of the dinar. Yes, this was their booty. I guess “booty time” is over! 😊)

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MUQTADA AL-SADR: LEADER OF THE SADRIST MOVEMENT, WHO HAS BEEN REFRAINING FROM POLITICS FOR NINE MONTHS, WILL HE RETURN HIS PARTY TO RUN IN THE LOCAL ELECTIONS?     

Baghdad – NAS   

The coordination framework acts as if Muqtada al-Sadr, leader of the Sadrist movement, who has been refraining from politics for nine months, will return to run in the local elections.     

Although there has been no statement or hint from Sadr regarding the resumption of his political activity, the Shiite alliance believes that the scenario of the 2021 elections will be repeated.  

Sadr’s long stay off the political map threatens to cause “splits” within the movement, according to observers, especially with the so-called “owners of the case.”  

In his last appearance during a visit to the grave of his father, Muhammad Sadiq al-Sadr (assassinated in 1999), al-Sadr harshly criticized the group, which he hinted represented “dissidents and corrupt people.”  

The leader of the movement accused the group, which claims that the latter is Imam al-Mahdi, of having “external hands behind them”. He said the war with his opponents had shifted from “political to ideological”.  

Sadr had earlier prevented “the owners of the case” from attending the anniversary of his father’s assassination before canceling the event after information about possible chaos in Najaf, according to Sadrist sources.  

The rise of the “owners of the cause” on the scene coincided with Shiite forces engaged in “unannounced” dialogues to form alliances in preparation for local elections, which are supposed to take place before the end of the year.  

A politician close to the coordination framework said that “the Shiite currents are almost completely convinced that the movement will participate in the elections.”  

The politician, who spoke on condition of anonymity, said the “framework” believes Sadr “will repeat the scenario of the 2021 elections.”  

The movement’s leader withdrew for a month, then backed down and participated in the legislative elections following the signing of the so-called “reform document”, which Sadr then complained about the Shiite partners’ repudiation of its implementation.  

The informed politician considers that “the same circumstances and interests that prompted the leader of the movement at that time to withdraw and return will happen again.”  

At the time, he considered what Sadr did as an “electoral tactic” that increased his popular credit and eventually gave him 73 seats in parliament, the highest tally achieved by the movement in elections since 2005.  

For the same reasons, some Shiite parties believe that the leader of the movement is investing in the so-called “owners of the cause” to resume his political activity.  

But Sadr’s circles stress that the group is planning to “assassinate Sadr” and discredit the movement ahead of the elections.  

Mohammad Nana, a researcher in political affairs, believes that Sadr’s recent speech contains references to Shiite and Iranian politicians behind the “owners of the cause.”  

Nana said that the leader of the Sadrist movement “did not mean that the war turned into ideological, but he meant that his opponents, whom he called (corrupt), turned it into ideological through (the owners of the cause).”  

The researcher pointed out that al-Sadr: “rejects that war or dealing with it, as he refuses to use the Mahdist beliefs used by his opponents against him after they fought him previously by distorting his reputation and accusing him of implementing foreign agendas and thwarting his project (political majority) and the tripartite alliance.”  

On Tuesday evening, al-Sadr visited his father’s shrine in Najaf province, coinciding with the 25th anniversary of his assassination, and read a statement there in which he said that “the political war with the corrupt has turned into an ideological war, this is the religion of the corrupt and dissidents, and they are supported by foreign hands.”  

He added: “Whoever claims to be Imam Mahdi is your enemy (an indicator of his father’s grave) and my enemy, not our followers of the Sadr family.”  

The “owners of the case” had called a few days ago to go to Najaf to pledge allegiance to Sadr as Imam Mahdi, and then overthrow the government, according to a video statement of that group.  

Regarding the corrupt people mentioned by al-Sadr in his speech, Nana said: “They are meant for Shiite politicians because they are against him when he wanted to remove them from the government, last year, and because they are tools of Iran, which is the reason behind the movement’s leader’s reference in his speech to foreign hands.”  

Sadr’s latest statement touched on his religious status and denied ijtihad or imamate, while the political affairs researcher believes that the leader of the movement here “anticipates events.”  

Nana adds: “Sadr’s talk about him not being an imam prevents attempts to overthrow him, as happened with previous religious figures who claimed this and then disappeared, such as al-Sarkhi and Abu al-Hassan al-Yamani.”  

He continued: “As for ijtihad, he does not want to meet the fate of some figures who claimed ijtihad and did not get it in the first place, such as Yaqoubi, Fadel Al-Budairi, and Qasim Al-Taie, who are called (Al-Mutarjeen) and their influence decreased from what was in 2003 and the first elections after the change.”  

The leader of the movement in his last speech that: “Whoever claims to be Imam Mahdi is the enemy of God and the enemy of the Sadr family and my enemy in particular, but whoever failed me in keeping this suspicion away from me and did not interrupt them is not from me in anything. unless he repents…”  

Sadr went on to address his supporters: “I don’t want to be one of the corruptors or with the corrupt, neither inside the movement (referring to the Sadrist movement) nor outside it (…) If you accept me as a reformist leader who is not diligent, infallible or an imam, then I welcome you, otherwise this is a separation between me and you until the Day of Judgment.”  

Despite these warnings, Mohamed Nana believes that the leader of the movement, who has isolated himself from politics since August last year, will return to his political activity and participate in the elections.  

The researcher in political affairs confirms that the Sadrists’ stay outside the political work will lead to “the split of the movement and its erosion from within, then its disintegration and the control of its opponents on the public scene, and they have no choice but to restore the current.”  

Nana believes that Sadr is waiting for two opportunities to return, the first for protests demanding his intervention, and the second for a new political project with the national forces and the revival of his alliance with Sunnis and Kurds.  

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AL-HAKIM STRESSES THE NEED TO MOVE IRAQ TO THE STAGE OF PERMANENT STABILITY

 

(yes, this also means to normalize the currency…..I talked to my CBI contact and we all agreed this has to be done to maintain any stability.)

The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed today, Thursday, the need to leave the language of frustration and pessimism and move Iraq to the stage of permanent stability.

Al-Hakim’s media office said in a statement received by Al-Furat News: “We are still moving between the areas of Kirkuk and the guesthouses of its people, as we met a number of sheikhs and dignitaries in the host of Sheikh Sabah Al-Mawla in Turklan, Kirkuk Governorate.”

He added, “We recalled the history that brought us together with these honorable clans and praised the community coexistence in Kirkuk, and showed that the regularization of Kirkuk’s conditions is part of the regularization of Iraq’s conditions.” 

He stressed, “Iraq has moved from the stage of instability to the stage of interim stability, and we must move Iraq to the stage of permanent stability.”

Al-Hakim called, according to the statement, to “reject any inflammatory speech, and showed that thanking God Almighty for the blessing of security and stability lies in rejecting inflammatory speeches that may set us back.” 

He stressed, “the need to leave the language of frustration and pessimism and replace it with the language of optimism and positivity.”

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WILL IRAQ BE ABLE TO OVERCOME DEPENDENCE ON THE RENTIER ECONOMY?

The economic researcher, Hisham Al-Baydani, explained that Iraq has the ability to overcome dependence on the rentier economy represented by oil exports, pointing to the importance of the development path in creating many job opportunities and linking Iraq with European countries. 


Al-Baydani told Al-Maalouma, “The development road represents one of the projects that will make Iraq a large economic station, linking the Gulf countries and including ten regional countries to connect them to Turkey.” 

He added, “The project is supposed to pass through nine provinces from Basra in the south to Mosul Governorate at Fishkhabour point, and it represents the beginning of openness to the continent of Europe, and thus provides tens of thousands of job opportunities for Iraqis, and rapidly develops Iraq’s relationship with the countries of the world.” 

And he indicated that “the project can unite Iraqi security stability, but it needs a preliminary awareness and media campaign, especially that Iraq is trying to escape from the rentier economy towards diversifying sources.”

(Just remember when the rate of the dinar even with the dependence on the rentier economy represented by oil exports, is being suppressed since other middle eastern countries don’t have the oil reserves being pumped out of the ground or the other resources that Iraq has, yet their rates are much over the dollar. So t his idea that hey must overcome this is ridiculous and has been just an excuse to suppress the rate and suppress the people of Iraq.)

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PARLIAMENTARY INSISTENCE ON ENACTING THE OIL AND GAS LAW IN THE CURRENT SESSION

Baghdad Today – Baghdad

A member of the parliamentary legal committee, Sajjad Salem, confirmed on Friday the existence of a parliamentary trend to pass the oil and gas law, stressing the need to legislate it in this session.

Salem told Baghdad Today, “The passage of any law in parliament if we want to pass it must be subject to political will, but there is a parliamentary trend to pass the oil and gas law, as it is a strategic law that will regulate the oil relationship between the provinces and between the federal government and between the latter and the region.”

The head of the parliamentary oil, gas and natural resources committee, Haibet al-Halbousi, revealed on the twentieth of last March that there is a political agreement to pass the oil and gas law at this session.

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

THE CENTRAL BANK ANNOUNCES THE ESTABLISHMENT OF A NEW IRAQI BANK

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, announced today, Saturday, the establishment of the Riyada Bank for Social Development.

On the sidelines of the opening of the annual Iraqi banking conference organized by the Association of Private Banks, the governor said, “The initiatives of the Central Bank of Iraq are the largest in the history of Iraq,” revealing “the completion of new projects, including the establishment of the Riyada Bank for Social Development in line with the vision and initiative of the Prime Minister in the project.” Government (Riyada) to support youth.

And he stressed that “the bank will be the first in Iraq to take care of low-income people through soft loans and simple guarantees in support of the vulnerable segments, and diversify the non-oil economy through small and micro projects to activate the private sector and reduce unemployment and poverty rates,” noting that “the Central Bank of Iraq has put the final touches to prepare a strategy National Bank Lending.

(Iraq wants and needs a very strong middle class. Much of this will come from small businesses not corporations and large global entities coming into Iraq. Get it? It is the same for any growing and healthy economy.)

And the governor noted, “The Central Bank of Iraq will launch a project to establish a center for money and business, and it will serve as an integrated city that includes the stock market, the business sector, and financial institutions.”

He explained, “The Central Bank is working to achieve an integrated structure, rules, and sustainable policies to overcome technical challenges, information security, and cybersecurity, and implement security and privacy measures to protect users and the public’s information.”

The Jordanian and Palestinian central bank governors participated in this conference, and a large presence of the Iraqi banking sector, in addition to dialogue sessions that talked about the directions of the Central Bank of Iraq in banking reform and development, in which the directors of the Central Bank of Iraq departments and the Iraqi Private Banks Association participated.

Central Bank of Iraq

(When the CBI talks,,,,,,,I listen! 😊)

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CHANGES TO THE KURDISTAN REGION’S SHARE OF THE BUDGET ARE “TREASON, INJUSTICE AND CONSPIRACY”

(This news has the hate of the Mori al-Maliki for the Kurds and his gangs all over it.)

Economy News – Baghdad

Kurdistan Prime Minister Masrour Barzani said on Saturday that changes to the Kurdistan region’s share of the budget are “treason, injustice and conspiracy.”

The Kurdistan government said in a statement that Barzani visited the plain of Zerarti in Erbil province, and was closely briefed on the conditions of farmers and farmers, “and also participated in the process of harvesting crops, as the silos of the Kurdistan region began to receive wheat from farmers.”

During a meeting with a number of farmers, Barzani said, according to the statement, that “the Kurdistan Regional Government is working hard to exert maximum efforts to increase interest in the agricultural sector and market the products of Kurdistan farmers in a way aimed at dispelting their concerns and concerns about marketing their products.”

He added, “The changes made to the share of the Kurdistan region in the federal budget are treason, injustice and a conspiracy against the Kurdistan region, but we will confront this conspiracy by all means, and we will not let it go.”

“I regret that there are internal hands involved in this conspiracy, and worse, they consider reducing the powers of the Kurdistan region a success for them, but we assure you that this is nothing but a desperate attempt, and it will not succeed,” he said.

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RESTRICTING DEALINGS IN DINARS.. GOVERNMENT DIRECTIVES TO SUPPORT THE NATIONAL CURRENCY AND HOLD VIOLATORS ACCOUNTABLE

  

The Ministry of Interior confirmed, on Monday, that the government issued directives regarding dealing in dollars instead of dinars, while setting a date for launching a campaign to hold violators accountable.  

The ministry’s spokesman, Major General Khaled Al-Muhanna, said in a statement to the official agency, followed by “NAS” (May 29, 2023), that “higher directives were issued by the government regarding the need to implement broad awareness and education campaigns regarding dealing in other than the national currency.”  

He added, “According to the laws, it is forbidden to trade in other than the Iraqi national currency,” noting that “the last period, non-Iraqi currencies were traded in the local markets, because the country went through different periods and crises.” 

(I got to tell you I am amazed at the progress made so far in the transition off the dollar in such a short period of time. WOW!  I luv this article as it tells us so much. They are VERY serious! 😊)  

He pointed out, “Trading in non-national currency occurs in countries that suffer from economic problems,” noting that “Iraq’s economy began to consolidate, and the dinar proved its presence during the last period.”  

He stressed, “The need for citizens to support the national currency,” pointing out that, “The ministry has started awareness campaigns for all citizens, and after that it will launch campaigns to hold violators accountable.”  

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Articles End

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

This is actually the newsletter for both Tuesday May 23rd and Thursday 25th 2023

Hi Everyone,

There is some very, very good news today.  

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

Going on 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Monthly Gifts: Yes, yet another couple months have passed by us and mid April is here. I want to heartfully thank everyone for your generosity over 2023 so far. Your gifts are well appreciated and needed. Please consider supporting the newsletter once again in 2023 at least until we see this RV.

1 John 3:16-18

This is how we know what love is: Jesus Christ laid down his life for us. And we ought to lay down our lives for our brothers and sisters. If anyone has material possessions and sees a brother or sister in need but has no pity on them, how can the love of God be in that person? Dear children, let us not love with words or speech but with actions and in truth.

THE NEWSLETTER IS THE ALTERNATIVE TO ALL THE HYPE AND BULLSHIT OUT THERE ABOUT THE RV. WE DEAL IN FACTS ONLY, NO SPECULATION AND HYPE. IN FACT, MY EFFORTS HAVE CONTRIBUTED TO MANY OF THESE INTEL GURUS REALIZING THEIR MISTAKES AND ATTEMPTS TO CLEAN UP THEIR BULLSHIT.

If you have gifted already, as I can see many have recently…. a heart-felt Thank YOU! However, there are many that can still reconsider helping out but only if you can afford it. It is a GIFT. I know we are all hurting these days with “Biden-flation” and all the other weird woke stuff going on. But please, please consider.  

More news….

FOR THE FIRST TIME… TWO PRIVATE IRAQI BANKS ACHIEVING “HISTORIC” PROFITS

For the first time… two private Iraqi banks with assets exceeding two trillion dinars, and “Asiacell” achieving “historic” profits 

More news….

MEMBER OF THE PARLIAMENTARY FINANCE: WE WERE EXPECTING THE BUDGET TO BE RESOLVED IN THE MIDDLE OF THIS WEEK, BUT…

Economy News – Baghdad

A member of the parliamentary finance committee, Jamal Kojar, said on Tuesday that the committee is still on the same controversial points in the budget.

Koger explained in an interview with the official newspaper, “The share of the region has not yet been deducted, nor the transfers have taken place, nor the additional materials have been included until this moment.”

“We were expecting the budget to be resolved in the middle of this week, but the committee is still working on these points,” he said.

He added that the paragraph “reducing the number of employees of the region is still being discussed and we hope to restore it to what it was.”

Just in: Today, Wednesday

A member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed, on Wednesday, that the committee will send the 2023 budget to the House of Representatives tomorrow and voted on Monday May 29th.

More news….

ECONOMIST: WE ARE ABOUT TO EMBARK ON A QUALITATIVE LEAP IN FINANCIAL TRANSACTIONS

Information / Baghdad..
The researcher in economic affairs, Hisham Al-Baydani, explained, on Friday, that Iraq is on the verge of a quantum leap in the quality of financial transactions, especially with the entry into force of electronic applications in many institutions in order to get rid of the inflation that the country suffers from.


Al-Baydani told Al-Maalouma, that “Iraq, despite its late entry into the techniques of financial sciences and its applications, the coming months will witness a wide boom in the applications of electronic financial transactions after decades of traditional monetary trading.”


He added, “What will happen from electronic transactions is only in implementation of the instructions of the Central Bank of Iraq to publish pos points, which would reduce the monetary mass in the country, which in turn is one of the causes of rampant inflation.”


He pointed out that “this step, which will begin in early June, will encourage Iraqis to save the value of their money electronically and start opening bank accounts that may increase the number of currently active accounts, which are estimated at seven million bank accounts.”

(Again, yet another event pointing to an early June timeline. What is going to happen in early June?)

More news….

THE UNITED NATIONS AFFIRMS SUPPORT FOR THE CONSOLIDATION OF SECURITY AND ECONOMIC STABILITY IN IRAQ

Today, Sunday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, confirmed support for the consolidation of security and economic stability in the country.

 
Blaskhart affirmed, “The United Nations’ support for everything that would consolidate security and economic stability in Iraq.

(I am so happy they now fully support security and economic stability in Iraq. But where in hell where they for the last 2 decades?)

More news….

STATUS OF THE RV

The saga about the Iraqi dinar RV only gets better and better. There are some wonderful articles to review in this periods’ newsletter. Yes, we are VERY close to something big happening with the dinar more than likely in early June. I will not give you a target date as I do not spread rumors. Yes, I do have some concerns about not seeing any news about the project to delete the zeros. This scares me. Why has the CBI, now under proxy governor Ali Alaq again, not kept the citizens informed about this effort? What are they waiting for if they are in fact going to RV anytime soon. Integral to the RV is this project to delete the zeros. One can not happen without the other. Are the newer notes already printed? Are they distributed to the banks and ATMs already?

Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. Really? Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?

I have always said if they wanted to stop all the corruption with the dollar then get off the dollar peg and move to a multi-peg to stabilize the dinar, but this can’t happen unless the currency is brought back on FOREX. So, we see this first step if now done. We wait for the second step. Everything is pointing to us that the second step is just around the corner.

The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of policemen. WOW! WOW! WOW! We can they mean business. I feel there is now no turning back. This is moving forward very aggressively, even more than I could have hoped. for. But they did tell us in 2020 it needed two more years. Then they said to wait until the new government is formed and the budget is established.

Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder, but open for business and trading.  

A Blast From The Past:

First in todays news, I wanted to bring to you four (4) articles from the past 2011-2019. Please read the articles below. I think you might want to read them… I tried to add my explanation for each of them.

In 2011, the first article, Nori Al-Maliki was the prime minister (GOI) and Dr. Sinai Shabibi was the governor of the Central Bank (CBI). In reading the article we can clearly see that the GOI was apposed to the actions of the CBI to get off the peg to the dollar, conduct the project to delete the zeros and issue the newer lower denominations. Then reinstate the dinar.

In 2012 we read other articles telling us that in the fall of that year the fils and newer notes were to be issued and the changeover begins. As you can see the title of the article says that the CBI’s actions to delete the zeros project will represent corruption. Really? I quote from the article – “largest corruption process in the country’s history”. If this was the case, don’t you think that the governor of the CBI would know about these facts? Who had more experience in finance Dr Shabibi or some lowly corrupt Economic Advisor to a corrupt prime minister? If the actions of Dr Shabibi were so detrimental to Iraq, then how could he obtain the signoff of the IMF, the World Bank and the US to “go ahead” with the project to delete the zeros which would thus lead to the reinstatement if this was such a bad thing to do. So lets take a closer look at this article from 2012.

Then in about 2015 we read an article from the news channels telling us in an interview with Dr Shabibi. He told us he had an “unprecedented opportunity” to go-head and complete the project to delete the zeros.

So, what was really happening here in 2011 to delay it?

Just as the democrats in the US today claim just the opposite of what they actually stand for, these crooked, Iranian backed politicians in Iraq were doing the same i.e. Nori Al-Maliki and his gang. So, in retrospect we know now for a FACT today that the corruption of 2011 all stemmed from the currency auctions and the smuggling of dollars outside Iraq. This was due to the fact of the process of the program rate and the peg to the dollar.

So who was wrong in 2011 article? Was it the CBI or the GOI?

So, since this time of the past article, the corruption with these currency auctions even got worst and I would even say rapid. Since 2003 almost no rebuilding of Iraq has taken place and in fact, they do not even yet have 24/7 electricity if you can even stomach all this corruption. Twice the money had been allocated in the budgets to fix the electric grid, so where is it? Why do they now have to allocate yet more funds in this current budget to do the same work already paid for? I can go on and on.

What it boils down to is the corruption under certain leadership in Iraq has hindered any real progress. Progress in all areas including what we want – the project to delete the zeros and the restatement. You can have all the opinions you want, as it should be free speech, however we must educate yourselves too to investigate lies and know what is really going on and who to believe or not to believe.

Does Iraq need a law to conduct the project to delete the zeros?

The question that always arises is whether or not if Iraq needs a law to conduct the project to delete the zeros. Many say the CBI can do what it wants when it wants but in today’s article, we see this is not the case and the CBI does need full support of the GOI and will need a law and money allocated to conduct this project. In the May 2019 article we read this is the case and is now SOLID PROOF no longer rumor. By the way I am presenting FACTS not opinion here. I am giving you evidence.

The four articles are below. Please pay attention to what I highlighted in RED.

___________________________________

Changing of Iraq’s currency represents largest corruption process in country’s history, official says

by Ibrahim Khalil Sep 4, 2011, 10:04 am

BAGHDAD / IraqiNews.com: The Economic Advisor of Iraq’s Prime Minister, Nouri al-Maliki, has described the plan of the Central Bank of Iraq (CBI) to change the Iraqi dinar as “the worst corruption and money-laundering process in the history of Iraq .”  “The CBI must understand that it is playing with fire and undermining the course of the consumers, producers and the economic changes in the country,” Abdul-Hussein al-Anbaky told IraqiNews.com news agency on Sunday, adding that the said step was taking place “at a time when the Iraqi economy was suffering from instability and chaos.”

Anbaky’s statement was issued after one day had passed on an announcement by the Central Bank of Iraq of its intention to cancel the zeros from the Iraqi dinar and to change it, in order to ease out the current inflation, and to encourage citizens to use their own currency, instead of depending on the US dollar.  “The changing of the currency shall be the greatest corruption process in the history of Iraq, because the currency counterfeiting Mafias are ready to change the counterfeited currency with the new currency,” Anbaky said, adding that “the money-laundering merchants would come with trillions of Iraqi dinars to change them.”  

Anbaky, at his position as the government’s economic advisor, had called on the Economic Committee of the Council of Ministers “not to respond to the draft-law for changing the Iraqi dinar, raised by the CBI to the Council for ratification.”

___________________________________

IRAQ’S DEBT IS $ 71 BILLION

Economy News Baghdad: The Iraqi central bank governor Ali Alaq said on Monday that the Iraqi debt reached 71 billion dollars, stressing that the subject of deleting zeros from the currency is ready but needs a suitable environment for its implementation.

Al-Aalak said in a meeting with the editors of a number of Iraqi media and attended by “Economy News” that “Iraq’s external debt is still within reasonable rates did not reach the red zone,” stressing that “the current Iraqi debt is $ 71 billion, divided into 42 billion An internal debt dollar and $ 29 billion in foreign debt. ”

He added that “some specialists add to the total debt amount of more than 40 billion dollars, which is a Gulf debt since the time of the previous regime and is pending and did not claim these countries,” explaining that “the Gulf countries may be debt cancellation at any time.”

On the other hand, Al-Alaq said that “THE SUBJECT OF DELETING ZEROS FROM THE CURRENCY IS READY BUT NEEDS A SUITABLE ENVIRONMENT TO BE APPLIED TO PREVENT MANIPULATION AND FRAUD BY THE OWNERS of vulnerable souls,” noting that “the Central Bank sent the salaries of employees of the Kurdistan region before solving the problem with the central government and deposited in the branch of Erbil. ”

___________________________________

DIRECTOR GENERAL OF THE CENTRAL BANK EXPLAINS FUTURE PROGRESS OF REFORMING THE IRAQI DINAR

Wednesday, May 29, 2019

Ihsan al-Yasiri, director general of the Central Bank, said on Wednesday, May 29, 2019, that “the bank is a very transparent institutions both in the window of selling the currency or the subject of contracts,” noting that “the CENTRAL BANK IS IN CONSTANT CONTACT WITH THE RELEVANT PARLIAMENTARY COMMITTEES and the Central Bank is the only institution that work everyday.

The central bank’s duty is to maintain the exchange rate and stability to meet the demand that comes on foreign currency against the dinar,” he said in an interview with the Noa Dialogue program. “The central bank is responsible for the simple sale of the dollar.”

“The Iraqi economy is an import economy and this is not the responsibility of the central bank. It IS THE DUTY OF THE STATE AND THE GOVERNMENT TO FIX THIS STRUCTURAL IMBALANCE AND THE DOMESTIC ECONOMY becomes a product for leaving imports,” he said.  

He pointed out that “there is a defect in the duty of some institutions, but ordinary people believe that this process should be carried out by the Central Bank, and THIS IS NOT TRUE,” EXPLAINING THAT “THE CENTRAL BANK CONTACT WITH BANKS AND THE GOVERNMENT BY KEEPING ACCOUNTS.”  

“The major sin that was committed in 2004 was the abolition of import controls and quality control rules at the border crossings, which made the market full of cheap and cheap imported goods,” he said.  

As for the incident of corruption of seven billion in the Rafidain Bank, said Yasiri, “The year 2013 saw heavy rains and leaked water to the bank on the street Rashid, which led to damage that money, which was originally intended to damage, and the duty of the Central Bank to replace those papers, the amount of money less than 200 million dinars. “

ON THE SUBJECT OF THE DELETION OF ZEROS, HE SAID THAT “THIS ADMINISTRATIVE PROCESS AIMED AT TIGHTENING THE BANKNOTES AND IMPROVE THE ACCOUNTING RECORD IN THE COUNTRY WAS LAUNCHED IN 2012, BUT THERE ARE SOME OBJECTIONS AT THE TIME AND NEED LEGISLATION BY THE HOUSE OF REPRESENTATIVES.”

“The Central Bank has suspicions, the first is to prevent one of the internationally recognized companies from conducting an audit and conduct internal control of the bank in exchange for the placement of Iraqi offices, as these companies are global and stamped recognized worldwide and indicates the lack of money laundering “He said.

“The second thing is that controls the joints of the central bank, usually they are accountants and they basically have offices.”

She said that “the independence of the Central Bank and not to the executive power made the government of Nuri al-Maliki dismiss Sinan Shabibi because of his refusal to enter the prime minister to manipulate the reserves of the Central Bank as it represents the stability of the currency and represents the monetary policy in the country and parliament ONLY THOSE WHO CAN ACCOUNT AND TODAY PARLIAMENT IS UNABLE TO DO SO.

She stressed that “the status of the head of the Financial Control Bureau governor of the Central Bank is a violation of the constitutional authorities as the regulatory body has become the executive branch.”

“The Finance Committee formed three subcommittees to follow up the work of the Central Bank of the first follow-up the issue of building the Central Bank and THE SECOND FOLLOW THE AUCTION OF CURRENCY and the third follow THE ISSUE OF THE SUBSIDIARY CURRENCY and therefore if there is evidence will be submitted to the Integrity Commission or the judiciary.”

He added that “the issue of scrutiny within the Central Bank can be resolved through the House of Representatives and not raise the issue is due to audits by local companies and anyone who has an interest in this issue must submit to the Finance Committee.”

___________________________________

PARLIAMENTARY FINANCE COMMITTEE, A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY

Saturday 7 September 2019 03:54 PM

BAGHDAD / The parliamentary Finance Committee, a study to delete zeros from the national currency, but they ruled out the application at the moment for several reasons.

The proposal to delete the zeros has been submitted from the House of Representatives to the Parliamentary Finance Committee in order to study the change of the national currency and all categories and the printing of new coins, but the preliminary study showed that the costs needed by the project is great, the committee’s rapporteur Ahmed al-Saffar told reporters.

He added that “the budget deficit for this year and Iraq’s debt is one of the most important reasons that will lead to delay the deletion of zeros (three zeros),” noting that “the Finance Committee has assigned specialized bodies of monetary policy to study the project carefully to submit to the Finance Committee to be the main lines of this project, which its beginnings go back years.

Al-Saffar pointed out that “deleting the zeros is a project with psychological effects rather than being actual, as the citizen will feel that his money is compatible with the requirements of his life and the movement of supply and demand and equal to hard currency.

___________________________________

End of the 4 past articles.

I didn’t want to make this so much as a history lesson on the currency reform but to bring out this past news to our attention once again of how important the project to delete the zeros is in reforming the currency and is not forgotten. But where is it now? Why have we not read any recent articles on it since 2019, if in fact we are so close.

In the years following 2012, the year 2015 was the first other realistic planned attempt to RV. Oh…but the intel gurus have you believing it was every day, every weekend. I am talking about legitimate news of the progress of this project of the past from the CBI and that they actually intended to go ahead. I presented at that time all these articles to you in my newsletter.

One item that got my attention was in early 2016 was the article by the CBI telling us that once again the project would be delayed. Again after research we found out they targeted January 2016. At that time, they told us they needed to issue the newer lower denominations in a slow rollout as the economy moved ahead and the rate of the dinar would rise. In today’s Newsletter we see an article suggesting they should begin this process of printing other lower notes besides the 250, 500 and 1000 notes. We see they are telling us they need to go beyond the 250 notes (the lowest note they have today) and issue a 100 and 50 note as the rate of the dinar is rising as a result of the recent current CBI reforms and the ditching of the dollar. See article in the articles section. WOW!

But this news also confuses me. How could Dr Shabibi ever conduct the project to delete the zeros without the coins and these lower notes already produced? So, these lower notes would have had to be already printed to some extent. Right? Am I missing something here? so, I decided to ask my CBI contact and I was told there is already ample supply of the lower notes in stock to begin the process, but more would have to be printed as the process evolved.

Remember also the current Iraqi dinar is no longer on a de facto peg with the US dollar. It is now on a kind of quasi-managed float. While on this float (inside Iraq only) the CBI is closely monitoring the rate with the black market. It is NOT a free-float. Right now only the CBI can adjust the rate as needed and attempts to keep it at a 2% variance from the black-market rate. This week we find out they have the black-market under control. Today the global markets are NOT determining the rate of the Iraqi dinar. This last statement is very important to remember.

Okay so from 2018-2019 timeframe that’s four to five years ago. Why have we not heard more about this project to delete the zeros? Why?

This period is the last time we heard any substantial news about the project to delete the zeros. Who was governor and who is governor now? It is Ali Alaq. What did he tell us then as to why the project was not moving forward?

Remember this came just before Covid and oil prices were low. Also they just completed the war with ISIS. The president Trump had made the US oil independent and global oil prices were dropping to record lows. I quote from the article as the main reason for not doing the project at this time – “the budget deficit for this year and Iraq’s debt is one of the most important reasons that will lead to delay the deletion of zeros (three zeros).” It this also why president Biden reversed Trump’s energy policy? Think folks! of course the war with ISIS was all staged and NOTHING just happens in today’s world. How many times must I tell you this. The war and pandemic were intentional and each one served its purpose at the appropriate time.

So, just yesterday, Iraq just announced it has a 115 billion dollar CBI reserve. Really!

Do you think they can afford this project to delete the zeros now?

I study the 2023-2025 budget (or any of Iraq’s budgets) for two reasons:

1.Does it have money allocate for the project to delete the zeros? They will need a law to complete this project. Where is this piece of legislation? Could it be part of the budget?

2.What is the price of oil in the budget. The IMF has told us that ideally Iraq needs between about a 70-80/barrel rate to rebuild Iraq. The 2023-2025 Budget Does NOT contain the dinar rate!

Remember when these stupid intel gurus tell you the “new rate of the dinar is in the budget”. Really? No! They are full of horseshit! ☹. Like I said many times already the rate of the dinar will NEVER be in the budget. The budget is all based on the oil revenues (the price of oil) not a rate of the dinar. Tell me why would the rate of the dinar even be in the budget. It does not make any sense if you know anything about how the finances in Iraq are run.

The rate of the dinar has no place in the budget. So how stupid of a thing to be telling your listeners. ☹  There is no calculation that I know of taking the price of a barrel of oil and calculating the rate of the dinar. The dinar right now is still on the “artificial” program rate and is artificially being suppressed. And when it is off the program rate it will be reinstated on FOREX and the market and speculators will drive the new rate. Get it? Yes, oil and other assets are part of establishing a baseline rate for the budget at this time but not before.

Could you pick a more suitable time to do the project to delete the zeros then right now? No, as this is the PERFECT time!

-CBI reserves at an all-time high 115 Billion dollars (not dinar);

-Gold Reserves at an all-time high;

-Election is over and government is stable;

-Al -Sudani seems to be honestly wanting to move Iraq ahead and work with the CBI;

-Even the IMF, UN and World Bank have come out with statements that Iraq is the most Stable and Secure it has been since post war 2004.

Recent News:

We hear about yet more pressure on reforms to ditch the dollar. The Iraqi Ministry of Interior warned on Saturday against dealing in the US dollar currency in the local market, instead of the national Iraqi currency, stressing that buying and selling in foreign currency will expose its owner to legal accountability.

The spokesman for the Iraqi Ministry of Interior concluded by saying that “there are campaigns that the Ministry of Interior will work on targeting people who deal in foreign currencies, and whoever violates will be held legally accountable in accordance with the Central Bank of Iraq Law.”

Want to hear something funny?

A member of the Parliamentary Legal Committee, Aref Al-Hamami, confirmed, on Sunday, that great progress had been made during the negotiations to pass and amend the budget, however that final approval of the budget will most likely be delayed until the end of this month to complete the talks.

We have read in previous news articles that the budget is now being voted on piecemeal. So now we hear this process may take about another week. Then, just hours after, Economy News reports that parliamentary finance committee said that the draft budget will be completed on Monday at the latest, indicating that the law will be passed “easily” as the remaining matters do not exceed three paragraphs and all matters have been resolved, as the issue of the region’s share and the resolution of other issues.

Lesson learned. We have to be careful on reading into these articles. Who is telling us the news, why and the context.

I want to caution all you faithful followers of many of these idiotic intel gurus. You are going to be VERY disappointed when the budget is completed and yet no RV rate is found.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once, we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

Many of you still doubt these modern day prophets.
Julie Green spoke months ago of whistleblowers being key to unraveling
the FBI, CIA and Biden corruption schemes

How will we ever get to all the FACTS of the Biden administration corruption? It seems the corruption saga goes on and on. The more they dig the more dirt they find. We turn over one leaf and find many more. Just how bad is it? Folks the prophets have been telling us that you will be SHOCKED to find out just how bad it really is. It is not just the child porn, sex trafficking and drugs. These are just lose ends that result from the corruption. The really bad stuff is the infringement upon our balance of powers, our US Constitution, rigged court system, treasonous acts of selling national security secrets and weaponizing federal law enforcement agencies against the general populous.

The Durham report was finally published and this too opened an entirely new can of worms for the Biden administration and the Clintons. Even after two impeachment efforts, the Mueller Report and now the Durham report on the subject of Trump colluding with the Russians, Shifty Adam Shift and other idiot democrats still stands firm with allegations of Trump collusion. Well Mr. Shift and your gang of thugs, then where is all this evidence you keep talking about? Why have you not forwarded it for us all to examine? Yes, neither impeachment against Trump was found guilty of anything. Why didn’t you bring your proof to the impeachments trials?

Yes, there are now articles of impeachment for Adam Shift to expel him from Congress. This is not “payback” but rather is an alternative course of action by fellow congressmen when a member is corrupted. It will be about time they start picking out the rotten apples from the barrel as they corrupt (stink) the other good congressmen and senators.

As you may know there are three whistleblowers that have come forward just recently with information regarding the FBI being weaponized for political reasons against political opponents of the current administration. More whistleblowers just came forward as I am writing this newsletter. There are dozens more we have not yet heard of. Yes, some will even be from their own corrupt democrat party, as they begin ratting on each other.

This investigation of the FBI and Hunter Biden is not about MAGA or Trumps supporters getting vengeance. It is about the behavior of the Biden administration and the FBI. Yes, the FBI colluding with the executive branch to go after political opponents of the current administration.

In these hearings on the subject matter of weaponization of the FBI the democrats feel a need to discredit the whistleblowers so their testimony won’t count. Since the can’t do that, they then want to discount them as whistleblowers altogether, by definition.

Who defines who a whistleblower is? Just listen the chaos in this hearing on the link below.

Yes, this is a fight to save our country!

Well…their campaign slogan told they were
going after the “soul” of the nation.
Then the disaster of these last 2.5 years.
What else can we think? It just doesn’t make any sense.

I do not care if you are republican or democrat. What we are now fighting for is much more than partisan politics. We are fighting for our nation, the rule of law and our justice system. When will someone be indicted for these crimes? I believe it is coming.

___________________________________________________

Are the Democrats now a Marxist like party?

To answer this question we only need to look at the disastrous first 2.5 years of the Biden administration. We then need to compare it to what happen in Germany prior to WW2. How did the National Socialist Party run by the Nazis able to stay in power and eventually declare a dictatorship. Today we see all the signs of this but it wasn’t until Joe Biden took the office of the president. But to be honest even before Biden took office fascism like signs were appearing and warnings given out. We all saw it and many of us just looked the other way and denied it. We said certainly not in America! It only took a looney-tune, treasonous politician to become president like Joe Biden, given the power to push the agenda as far and as sudden as we have recently seen it. But it has to end. It will end.

I put together this short video below. I think it hit the nail right on the head.

We must also bear in mind that many of these lifetime politicians are on their way out.

Having seen the damage they have caused already in such a short time, our hope as a nation lies in good, honest, hard-working, new blood to take up their roles and legitimately care about preserving the US Constitution, the sovereignty of our nation and fighting this corruption in our government.

More news….

How to pray the Rosaries

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. As we celebrate all mothers in May who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God to his creation of the bond between a man and a woman. Sorry gays and quires not today! ☹

By the way: You don’t have to be Catholic to say the rosaries.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

A BANKNOTE OF FIFTY IRAQI DINARS MUST BE PRINTED

Asaad Abdullah Abd Ali ||

It was necessary to print currencies in denominations less than two hundred and fifty dinars, which is considered the lowest currency, in order for the prices of simple needs, such as vegetables, transportation wages, and market goods prices to fall, and these matters are very important to society, because as long as the lowest denomination is two hundred and fifty, this means that it cannot go down and the prices are even lower!

This is an economic problem that needed a simple political decision, which is the tendency to print denominations less than two hundred and fifty dinars, for example, a hundred dinars denomination, and a fifty dinars denomination currency, within a first step.

And it can be enforced by the government, for example entering museums, stadiums, halls, and government transportation fees become less than two hundred and fifty dinars, so that the use of the lowest currencies becomes possible.

• Impact on transportation fares

If the denomination is printed as one hundred dinars, for example, and the fare for government transportation in (government buses) becomes only one hundred dinars, in support of students, workers, the poor, and employees, then the citizen will feel that his state cares about him and is looking for solutions to his problems. This feeling is important to spread among the people, and in these measures an investigation Some justice is absent, and the solution to the suffering of more limited-income people is higher transportation fares, and every period transportation prices jump, and if there were fewer categories than the two hundred and fifty, the height jumps would be less, so we ask the decision-makers to study the matter carefully and work in two parts.. namely:

First: reducing transportation costs.

Second: relying on a local currency of a lower denomination.

• Impact on food prices

The printing of small currency denominations contributes to reducing food prices, as prices are now confined to a certain price because the lowest existing denomination is (250 dinars), but if it crumbles and prints less denominations, for example (100 dinars) and (50 dinars), then there may be a decrease for food prices, for example, the price of a kilo of potatoes does not jump directly from (750 dinars) to (1000 dinars) according to the current situation. Rather, it can rise to (800 dinars or 850 dinars) due to the availability of currencies of multiple small denominations. This is an important aspect that benefits society, especially those with limited income.

And impact on the poor.

Therefore, the decision makers who are looking for a solution to the economic crises should hasten to find a solution that is beneficial to large segments of the people.

Finally:

The issue is very important to create a different economic reality for the oppressed groups, and it requires intense care of the idea by the responsible authorities.

We hope that economists and elites will raise their voice in the direction of this idea, and form pressure through invitations and writings, which will contribute to solving the economic problems of society.

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THE UNITED NATIONS ENTERS THE BUDGET LINE AND CALLS FOR EXPEDITING ITS APPROVAL


The representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, confirmed that the urgent approval of the budget is extremely important.  

“The Iraqi government is focused on consolidating the pillars of political stability, and Iraq has enormous potential, and through the government’s ambitious plans, many factors of instability can be addressed, provided they are fully implemented,” Blaskhart said, during her briefing on Iraq before the Security Council, reported by the official agency.  

She added, “All eyes are on the Iraqi Council of Representatives, and agreement on an effective budget, sooner rather than later, is critical, as it provides the resources needed to turn certain goals of the government into reality – including adequate public services and organizing provincial elections.”  

And she continued, “The government of Iraq has taken a frank and clear stance against the harmful effects of corruption, and reforms will not take root if they are suffocated by the weeds of nepotism and graft, and independent state institutions are of great importance.”  

She pointed out that “the interactions in the relationship between Baghdad and Erbil are good. I stress the importance of proactive governance and thus institutionalizing the structure of relations. It is still necessary to go beyond the limits of circumstantial dealings.”  

Regarding the political situation in the Kurdistan region, she said: “I hope that the parties will intensify their efforts now and overcome differences and work to serve the interests of all people. From one look at the history or geography of the region, it becomes clear to us the extent of the urgent need to reach sustainable solutions, and the region’s parliamentary elections have been long overdue, and that another postponement.” It will damage public confidence.”  

On the water crisis in Iraq, Blaskhart confirmed, “Water is the most important climate crisis in Iraq, and the government is preparing plans for a large-scale modernization of water management systems in Iraq. The fair distribution of resources among Iraq’s neighbors is equally important, and the only feasible solution lies in taking bold local measures and cooperation.” close regional.

(yes, more about making Iraq more “stable”)

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THE DECISION OF GOVERNMENT CHANGES WILL BE AFTER THE APPROVAL OF THE BUDGE

Information/Baghdad..
The independent politician, Saad Al-Mutalabi, confirmed on Friday that the government changes that Al-Sudani intends to make will be decided after the approval of the budget in Parliament, pointing out that the mechanism of change is still vague and unknown whether Al-Sudani bears responsibility for it or is done through the political blocs.


Al-Muttalbi told Al-Maalouma that, “Prime Minister Muhammad Shia’a Al-Sudani, and in the event that he obtains real support from the blocs in the House of Representatives, he will move towards making changes in positions and ministerial portfolios within his cabinet.”

(Mnt Goat – these are the changes this article is referring to not the RV. Get it? This does not mean the RV is not being targeted but not in this article. )


He added, “The government cabinet has been built on the basis of balance, but the difference in it from previous governments lies in the fact that the prime minister persuaded the political blocs to carry out the process of evaluating officials and replacing the negligent ones.”


He pointed out that “the method of changing officials who fail to perform duties is still unknown, although the change is coming, whether directly implemented by the prime minister or through political blocs, and this will be after the budget is approved and passed within parliament.” 

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THE CENTRAL BANK DISABLES ALL ELECTRONIC PAYMENT CARDS.. AND A SOURCE OF {EUPHRATES NEWS} EXPLAINS

An informed source revealed that the Central Bank of Iraq suspended most of the electronic payment cards, including the Master Card, due to a regulatory process.

The source told {Euphrates News} agency that: “All banks and banks to which cards were issued by electronic payment companies, including (Swig), Ishtar Gate and Qi Card, are currently suspended according to the decision of the Central Bank since last Thursday.”

He added, “Maybe there are three banks that are still working with their electronic cards, since they are the ones issuing them, and they are also awaiting settlement.”

The source pointed out that “MasterCard’s entry into Iraq was delayed due to the Central Bank auction, and it is paid in dollars, which are issued exclusively to companies by the Central Bank.”

(Mnt Goat – this last paragraph explains clearly why they suspended these cards. It is NOT about some pending RV folks. It was because these cards could be used to get dollars, which they prohibit. Get it? Simple right? Let’s not complicate and hype up this news. The CBI is slowly weeding out any means to get the dollars. Think of it this way – if the black market can’t get dollars then they can’t sell them and market up the rate against the dinar. Get it? 😊)

He explained that “Master Card and [Swig] have been suspended, including palm cards, pending instructions from the Central Bank,” noting that “most of the cards issued in Iraq are suspended due to a change in the central bank system and may return to work in the next two days.”

(In short, the suspension of these cards was due to the fact that were paying out in dollars which is now prohibited. They will have to change their algorithms to pay only in dinars or other foreign currencies per CBI.)

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DOLLAR SPECULATION PUTS INDIVIDUAL LIVELIHOOD AND THE VALUE OF THE IRAQI DINAR IN FRONT OF SERIOUS CHALLENGES

Dollar speculation in financial markets and its fluctuations directly affect the global economy and the standard of living of the individual, while there is fear of widening potential negative effects.

The economic analyst, Nabil Jabbar Al-Tamimi, said that “speculation represents the most prominent reason behind the rise in the dollar exchange rate,” stressing the possibility of returning stability to the foreign currency exchange between 1340-1360 dinars within a week or a little more, in the event that the central bank takes measures related to providing greater facilities. For companies, small merchants, and financial transfer requests, to carry out transfers on (less severe) terms.

The sharp drop in the value of the local currency (the Iraqi dinar) against the US dollar, causes an increase in the cost of importing goods and products imported from abroad, which leads to an increase in the cost of living and the impact on the purchasing power of citizens.

Despite Al-Tamimi’s call for “less severe measures,” he “praised the Central Bank’s policies during the recent period,” stressing that those policies “did not lead to restrictions on access to the dollar, and that the rise resulted from speculations conducted by some currency traders taking advantage of the high price of gold.” exchange,” indicating at the same time, that “the currency selling window has maintained a moderate daily sales rate during the past two weeks between 180-200 million dollars per session, which may approach a little bit from the actual need of the Iraqi market for dollars.”

The depreciation of the local currency leads to an increase in inflation in the country, which happened in the past recent months, as prices are linked to the dollar, which increases the price of local goods and services based on exchange rate movements, and thus increases inflation and decreases the purchasing power of citizens.


Al-Tamimi called for the need to stop the “imaginary effect on exchange rates” represented by (mobile applications) that work to promote local exchange rates (black market exchange rates) because they are applications whose displayed data do not include their dependence on real demand in the market (such as a real electronic auction and stock exchange, but are Just an informational display).

The selling price of the dollar was 144,800 dinars per 100 dollars, while the buying price of the dollar was 145,250 dinars per 100 dollars.

The commercial markets witnessed a decline in the exchange rate in the past weeks, but it rose again, which indicates an economic problem that is still present in the country.

And the Central Bank of Iraq decided, earlier, to adjust the exchange rate of the dollar against the Iraqi dinar, as the price of purchasing a dollar from the Ministry of Finance reached 1,300 dinars per dollar and sold it at (1310) dinars per dollar to banks through the electronic platform, and sold at (1320) dinars per dollar. Dollars from banks and non-bank financial institutions to the final beneficiary.

Analyzes say that the decline in foreign direct investment due to fluctuation in the exchange rate will affect foreign direct investment in Iraq. And when there is instability in the value of the local currency, foreign investors may hesitate to inject their capital into the country or they may withdraw their current investments, and this can lead to reducing investment opportunities and economic growth in the future.

(The article in summary, is simply talking about a sharp drop in the value of the local currency (the Iraqi dinar) against the US dollar and the reasons for this drop was “speculation”. Al-Tamimi explains it. She called for the need to stop the “imaginary effect on exchange rates” represented by (mobile applications) that work to promote local exchange rates (black market exchange rates) because they are applications whose displayed data do not include their dependence on real demand in the market. But we all should know by now this black market is the cause of these fluctuations of the parallel rate to the CBI official rate. So we know there is still a problem in stabilizing the official rate and I quote from the article- “The commercial markets witnessed a decline in the exchange rate in the past weeks, but it rose again, which indicates an economic problem that is still present in the country”)

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WHY THE DOLLAR’S DOMINANCE IS DECLINING IN THE MIDDLE EAST

Iraq has just banned US-dollar transactions, the Saudis and Emiratis plan to sell oil without it and there are plans to establish a whole new currency to bypass it. To know why, first have a look at the war in Ukraine.

Anyone in Iraq who wanted to buy a car or a house this week got a nasty shock. Last Sunday, the Iraqi government announced a ban on doing personal or business deals in US dollars.

Ordinary Iraqis usually make big-ticket purchases using dollars. Because of the ongoing devaluation of their own dinar, they’d need several large rubbish bags filled with paper dinar notes to buy a car or house. So they usually use a wallet full of dollars instead.

For decades, the US dollar has been the best currency to have in the Middle East if you don’t have enough dirhams, dinars, riyals or pounds on hand. But that may be starting to change. Over the past few months, senior politicians in a number of Middle East nations have made statements that suggest the dollar’s dominance in the region may fade.

In Iraq, US authorities had been making it harder to get dollars into the country — they were apparently worried that too much American cash was being smuggled to the neighboring Iranian government, which is under sanctions, but is tacitly supported by many Iraqi politicians. This shortage of dollars has led to volatility in the value of the Iraqi dinar, which is pegged to the US currency.

This volatility brought about last weekend’s ban. In February, also thanks partially to the US currency crunch, Iraq said it would do business with China using the yuan, instead of dollars.

Middle East nations seeking alternatives

Earlier this year, Saudi Arabia’s finance minister said his country was also “open” to selling oil using different currencies, including the euro and the Chinese yuan. The United Arab Emirates has said it will work with India, using the Indian rupee. Last year, Egypt announced plans to issue bonds — financial securities that help governments raise money — in Chinese yuan. It had already issued bonds in Japanese yen.

Additionally, several Middle Eastern nations — Egypt, Saudi Arabia, the UAE, Algeria and Bahrain — have said they want to join the geopolitical bloc known as BRICS, an acronym for Brazil, Russia, India, China and South Africa. Russia has already said that at an upcoming June meeting, the alliance will discuss the creation of a new kind of currency for cross-border trade between members.

Since 2021, the UAE has also been part of a pilot project run by the Switzerland-based Bank for International Settlements, a kind of central bank for central banks. This project looks at digital, cross-border payments that might bypass the dollar. Other participants are Thailand, Hong Kong and China.

Is the US dollar done?

These alternatives to the US dollar have led to a recent raft of alarmed headlines. “Is the dollar’s dominance under threat?,” The New York Times asked in February. “Prepare for a multipolar currency world,” the Financial Times warned in March. “De-dollarization is happening at a ‘stunning’ pace,” Bloomberg wrote late last month.

US dollars now make up about 58% of official foreign reserves globally, Bloomberg reported in its story, a fall from 73% in 2001. In the late 1970s, it was 85%. However, most experts insist the move away from the dollar is going far more slowly than recent headlines suggest. And this is certainly true for the Middle East.

In the Gulf, the dollar still rules

Since the 1970s, oil-producing Gulf states have had a partnership with the US, where America provides security and countries like Saudi Arabia and the UAE export oil. Most Gulf countries, with the exception of Kuwait, have pegged their own currencies to the US dollar.

“One of the biggest indicators of a serious shift away from the dollar would be a de-pegging of those currencies,” noted Hasan Alhasan, a research fellow on Middle East policy for the London-based International Institute for Strategic Studies. “But as of now, we haven’t seen that.”

“The key words here are ‘statements’ and ‘potentially’,” said Daniel McDowell, a political science professor at Syracuse University in New York, when asked whether assertions made by Arab leaders signal the dollar’s demise in the Middle East.

“Statements are easy, action is more difficult,” he told DW. “For oil-producing states, like Saudi Arabia, these sorts of statements and agitations are also a way to get America’s attention. Flirting with the Chinese may make American policymakers focus more attention on the interests of the Gulf states.” 

McDowell doesn’t rule out the possibility that the dollar’s dominance will one day fade. “All empires eventually collapse,” he quipped. But right now, “much of this talk is symbolic and political. Any change we see will be marginal and slow.” 

Motivated by war in Ukraine

The experts that DW spoke with all agreed there are likely two major reasons for Middle Easterners’ threats to use other currencies.

Firstly, they said, it has to do with Russia’s war in Ukraine.

Sanctions are a very significant part of the debate, McDowell thinks. His new book, “Bucking the Buck: US Financial Sanctions and the International Backlash Against the Dollar,” says as much, arguing “that the more the US wields the dollar as a weapon of foreign policy, the more its adversaries will move their international economic activities into other currencies.” 

“Currently, there’s a lot of Russian money going through countries in the Middle East and Asia,” Alhasan explained. “Essentially those are countries that have chosen not to comply with, or not to enforce, American or European sanctions.” 

But should sanctions on Russia be toughened further, turning them into what are known as secondary sanctions, then those countries would have a much harder time avoiding them. Secondary sanctions also punish third parties — countries or businesses — that work with the sanctioned entity. Anybody who wants to do business with the US or European Union will find it hard to get around secondary sanctions.

“So governments concerned about US sanctions are increasingly thinking about how they might get ahead of the curve, even if they are not yet ready or interested in making a radical shift away from the dollar,” McDowell reasoned.

Threat to oil business

Alhasan offers a second reason why some Middle East states may wish to move away from the dollar. “I think there’s the sense that the US is trying to rewrite the rules of the global oil market — to target Russian interests — and that presents a strategic threat to Saudi Arabia,” he argued. 

In March, Saudi Energy Minister Prince Abdulaziz bin Salman said that if any country tried to impose a price cap on Saudi oil exports, in the same way as had been done to Russia, his nation would no longer trade with it. A day later, Algeria’s energy minister, fearing a dangerous precedent, echoed that statement.

This is why the movement away from the US dollar looks likely to continue as long as sanctions do, argued Maria Demertzis, a professor of economic policy at the European University Institute in Florence, Italy, and a senior fellow at Bruegel, an economic think tank.

But it won’t happen overnight. Even if some countries want to bypass the US dollar as a currency, it will be more difficult to replace the settlement infrastructure provided by the dollar-driven system, Demertzis pointed out.

Banking as a weapon

“If you’re India and you want to sell something to Chile, for example, you are likely to do it in dollars. But you don’t only do that because you can more easily price a product in dollars. You also do it because you use the US dollar infrastructure to settle the transaction,” Demertzis said, explaining that settlement is “the legal action of taking money from one account and putting it into another account.”

To do that, trusted infrastructure is needed, she said, something the US has been providing for decades. Any alternative to that has “huge legal and governance implications,” Demertzis explained. “For example, does Chile recognize the legal framework of India? Even to get to where two central banks settle bilaterally is a long journey.” 

The fact that the US and Europe froze Russian central bank reserve assets held in their jurisdictions has also weaponized central banks and possibly damaged the international financial system, according to Demertzis.  

In the Middle East, that has translated to “a genuine sense of concern about the US’, and even the EU’s, unprecedented weaponization of international trade and finance, in the context of war with Russia,” Alhasan concluded.

This is why countries in the Middle East “are preparing for a more multipolar global world, where they will want to be best placed to act inside and outside of dollarized zones.”

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NAJAF MARKETS APOLOGIZE FOR DEALING IN DOLLARS AND THE NATIONAL SECURITY PUNISHES THOSE WHO VIOLATE (PHOTOS)

 

Najaf – 964 On Sunday, the national security detachments in Najaf imposed advertisements at the entrances to public markets and shops prohibiting the circulation of dollars .in local transactions.

 A country that trades exclusively in dinars: exhibitions and the wholesale market pledge not to deal in dollars.

The Details:

The campaign was launched this morning, and included shopping centers and malls in the city center, to prevent trading in dollars and limit transactions to Iraqi dinars only.

The security detachments informed us to prevent dealing in dollars, and put signs inside the store emphasizing this decision, as they imposed this on all stores in the mall. A security source in the National Security Agency for Network : 964 The campaign aims to raise the market value of the Iraqi dinar, and we call on citizens to cooperate with us and understand the matter in order to serve the public interest. Those who fail to comply with these decisions will receive punitive measures in accordance with the law.

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Articles End

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

Hi Everyone,

I bring you WOW!! news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Matthew 10:42

“And whoever gives one of these little ones only a cup of cold water in the name of a disciple, assuredly, I say to you, he shall by no means lose his reward.”

More news….

AL-SUDANI RECEIVES A DELEGATION OF QATARI BUSINESSMEN AND INVESTORS

Prime Minister Muhammad Shia’a Al-Sudani said that, on Tuesday morning, May 16, 2023, he received a delegation of Qatari businessmen and investors.

Qatari businessmen expressed their willingness to work in Iraq

More news….

ROMANOWSKI DISCUSSED WITH THE BELGIAN AMBASSADOR COOPERATION WITH THE IRAQI GOVERNMENT AND PEOPLE

The Ambassador of the United States of America to Iraq, Alina Romanowski, tweeted today, Tuesday, after a meeting she had with the Belgian Ambassador to Iraq Diction.   Romanowski said in a tweet, followed by the insider, that: “I discussed with the Belgian ambassador to Iraq Diction our cooperation with the Iraqi government and people to promote democracy and governance, drive economic growth, support sexual equality and combat climate change.

I commend the efforts of the Belgian government, through (UNMAS) – Business Department mine action of the United Nations Service in Iraq – for mine action to ensure lasting stability in Iraq”.

More news….

STATUS OF THE RV

The news this period is all about the budget and bringing foreign investors to Iraq and finally the reconstruction of the country using the pivotal budget . There are lots of WOWs throughout my newsletter and in my comments. They are there for a purpose and the purpose is amazing news…WOW!

Remember with the investors comes their capital, but they must have ease of taking revenues from their investment back home (outside Iraq). This is of course why the reinstatement is so important and pivotal in attracting yet even more investors. Can Iraq finally come back and join the global world and end this isolationism of the 2003 war. Isolationism only brought on by the US and its policies with Iraq with the program rate, currency auctions and use of the dollar for imports? Oh…. it has been almost two decades of manipulation of Iraq’s economy. But for what purpose did this all serve. Was it for the Iraqi people?

So, let’s talk about these topics today in more detail. What is the status on topics and how do they effect the RV.

Youssef al-Kilabi, a member of the Finance Committee told Al-Furat News: “There is no truth to the news circulating about the return of the budget law to the government.” This to me means it is going forward. Yes, they did vote on many provisions of the budget yesterday, Wednesday but did not complete it. The committee is now meeting to vote on its paragraphs and will be completed within the next few days. I think probably by Saturday since Friday is their holy day and not much is done on that day.


The Parliamentary Finance Committee held a meeting yesterday evening, which lasted late into the evening, regarding the finalization of the federal budget law for the fiscal years 2023-2025. They did this in preparation for submitting it to the Presidency of the House of Representatives to be included in the Council’s agenda.


So, to me it seems the committee has reached the final stages of resolving the general budget law and we can expect it very soon. Remember also this would be something that Iraq has never done before. First of all a three year budget and second actually open it officially for projects to reconstruct their country. WOW!

But the same old dirty politicians raise their heads once again in the process of the budget attempting to interfere and create havoc. Yes, I am talking about Nori al-Maliki and his gang. Of course, they are not sincere about what they say and only go along for the ride of progress when they have no other choice to do so. Maliki as we know is powerless, like used gum on your shoe. It is just a matter of time before they get real serious and go after him too to wipe his gooey mess from the bottom of their shoe. So, now he debates the US military presence once again since Biden just renewed the G. W. Bush Exec Order 13303. He will try whatever it takes to rid Iraq of the US military. I would say this would be a very good thing, but under different conditions and Iraq is simply not yet ready for the withdrawal. The consequences could mirror Dec 2011 withdrawal under Obama.

I quote from today’s article “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general, stressing that the general view of Iraq now has become optimistic.” Can we ask for anything more? We have waited to hear this news for a very long time. Remember for years I have been saying when will they get serious about the reconstruction of the war-torn Iraq? I also said that when they do, we will then most likely see the dinar reforms we need and the reinstatement shortly following. This does not mean the reconstruction has to be completed but only budgeted and the budget passed and opened. They must show Washington they are serious this time. Iraq must be STABLE and SECURE to get the reinstatement.

Also remember that the Biden administration is struggling to hold on to any resemblance of power and control in American politics. The majority of the US population don’t simply just disagree with him, but rather hate him as a person and see him as satanic leader. Also dignitaries put up with his nonsense but deep down look at him and laugh at him as an idiot president. They know he is a stooge and a puppet. How can Americans put up with this nonsense they ask. Are they all that dumbed down already?

Thus with all the expose of the Biden, FBI and CIA crimes, he and his gang of wokeness will soon be ousted. In fact, the democrat party as a whole will be even lucky to survive even by what they have done to America with their radical woke and globalist anti-America agenda. I will cover yet more on this topic in the politics section.

But to say now that Biden is going to take what he can in his last days of power. They are pillaging and taking what they can from Iraq while they are still in power. What are these SKRs in the banks? They are worth billions. Of course Biden is not going to forget about his buddies who supporting him. This is part of the process leading to the reinstatement and is also part of why we are seeing such a drastic change in the US Treasury supporting the currency reform measures now taking place in Iraq. But there are other factors too so I can’t debate that this reason stands alone.   

Okay so I will say it again – WOW!

And I quote from the article – “On Thursday, the Diyala chambers of commerce expected a drop in what they called the dollarization of car showrooms by 50% within 3 months. The head of the chambers, Muhammad Mulla Jawad, said in an interview with Al-Maalouma, that “obligating the owners of car showrooms to make written pledges in Diyala and the rest of the governorates to adopt the dinar instead of the US dollar in buying and selling

So we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market. I guess what it took was to lock a few street venders in jail to prove the CBI was serious about selling ONLY at the official CBI rate. Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON!  

More news….

Questions and Answers

Periodically, if warranted by sound and beneficial questions, I like to take my readers comments/questions posted in the blog. I publish my answers so everyone can benefit.

Question: Why is June looked at as a possible target when mid year would be July? Wouldn’t it be set for the second half?

Mnt Goat Answer: So, just on your very own you decided that mid-year would be better for the RV? Your opinion? Yet you present absolutely no evidence of why you feel this way. I am sorry but I am not going to address such hypothetical questions without evidence and something to back them up as to why you might think this way. Do your homework first instead of wasting my time.

Question: Hi, what is your opinion with Biden signing the executive order. US state of emergency in Iraq? do u think this will prolong the blessings?

Mnt Goat Answer: Very good question and I am glad you asked it. If you have been following the news from Iraq many of the corrupt politicians still want the US military out of Iraq. They want this so they can manipulate Iraq as they did following the Obama era withdrawal in December of 2011. So this is one of (and there are not many) better decisions that the Biden administration made over the last almost 2.5 years of his administration.

But this decision was more than likely made based on two things:

1.the advice from General McKenzie, commanding what US troops remain in Iraq, and

2. from feedback fallout from the Afghanistan withdrawal debacle. Biden could sustain yet another Afghanistan and so US military is not going anywhere during his remaining days in office.

I want to tell you something….read my lips….the US military is in Iraq for a very long time and will not be leaving anytime soon unless the situation in the middle east changes drastically.

U.S. troops will likely be in Iraq for years to come, Central Command boss says (militarytimes.com)

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

So, I have to come on today and give you an update on the World Economic Forum (WEF) and its attempt to create their version of a New World Order.

Many of us didn’t understand what he really meant as he
literally meant the WEF reset “New World Order”.
Any resemblance to papa Bush’s speech?
As many of you might remember I have served many deployments in the US Military Intelligence Corps to the Middle East. This is why I understand their culture probably better than most updated you on the status of the reinstatement process. I also have many good friends for life as result in and out of Iraq. So today I want to give you some information on news that was just given to me by one of these good friends. For obvious reasons that you will understand shortly, I can not divulge the name of my contact. So this is what I learned about this sinister plan for a global new world order.

First watch this video below of Elijah Streams Clay Clark May 17th and so I not that far off, am I? No. I am not some crazy woman. No, I did not just copy Clay Clarks presentation. Actually I was very much amazed at the detail he had to what I had been given. I just love freedom, liberty and justice. I can back up everything I am going to tell you after you watch this video with FACTS not some conjecture or conspiracy theories. I am sure Clay Clark can also.

If you read UN Agenda 2021 and 2030, you can easily see this new world order (or “reset”) is being played out. Just look at this climate change hoax and devastation it is having on our society. For what? Then look at the millions of illegals and drugs flowing across the US border but not just in the US but all over other developed countries too. This problem is not just isolated to the US. This is a WEF policy being carried out by the United Nations. The even call it the “homogenization of the world’s population”. What effect will this have on the democratic voting process and social welfare programs/handouts to feed and house these people?

Yes, this is the WEF’s answer as to how to feed and house people from these “underdeveloped” countries. Instead of taking the billions of dollars they get from contributing member nations and rebuilding these other nations and give them honest democratic elections, they instead put in puppet dictators to control the resources thus wealth of these countries. They then save it all for the taking of the elite.

Then they instead just shift the burden of these problems to “developed” nations and make the citizens of these countries there pay the price to feed, house and take care of them. They created the humanitarian crisis and when we say NO they try to make us feel bad as if we are the culprit and all these people just appeared suddenly on their own. Do you see the dishonest game and deception the WEF and the UN are playing out on us? We must target the snake and cut the head off of entities causing these global problems. Get it?

Who doesn’t want to take care of our fellow humans, but through these deceptions and lies thiais not the way. There are much better ways but the elite really don’t give a shit about these people (or any life) especially in these underdeveloped nations and this is at the heart of the problem. Do you see it? This is why Biden simply refuses to address the US border crisis. He is following WEF orders at any cost. Even the cost of his own party.

Who the hell are they to tell us what to do in our sovereign nations?

Today I just wanted to give you some more details of “REAL LIFE” events in the US to coincide with this sinister UN Agenda 2021 plan being carried out. But before I tell you the story, please remember that I listen to Gods’ word from His prophets and so I DO NOT believe they will be successful in carrying our their plans. I am not telling you what I learned to put FEAR in your hearts. We must be informed of their plan and see it. We must separate these sinister globalist out of our politics and rid our nations of them.

This does not mean, however they are not already making changes behind our backs and hiding the real intent of these changes by calling them something else.

HOW WILL THEY FUND AND BUILD THESE SPECIAL REGIONAL 15” CITIES

What I learned is that they are now funding Universities throughout the country as their global  “think tanks” and “experimental labs”. For instance if you research you will find that in almost every democrat held governor state that the state universities have gone on a build spree just before Covid and now especially afterwards. Where is all this money coming from all of sudden. Billions is being spent on stem cell research facilities and “discovery” centers.

These universities are also building massive housing units. Why? Right now they are calling them “dorms” or “student apartments” for university housing of the student body. There is a massive plan in the short-term to bring in to the US massive enrollments of Chinese students. The main reason for these students is to learn the culture and language of the west and to steal the technology for China.

But what is the long-term plan for all this housing? Yes, this is the real scary part so hang on to your chair…..

If  you read the UN Agenda 2021 and the UN Agenda 2050 plans you will see that due to their climate change hoax they plan to clear each country on their planned areas of private home ownership. Oh…this may take a while to do and they plan to create some kind of disaster crisis to get you off your land. Once you leave you will NEVER return from these temporary resettlement camps. Instead, they will say the land is contaminated and its best to go to these “safe” areas. Of course, the “safe” areas will be the already designated university campuses. They will then house you in these dorm like, small apartments that they are now crazily building at rapid speeds through all these designated regions. Later they will limit enrollment back to normal levels for these schools.

Yes, the WEF has mapped out regions already to resettle people into. Since we would never voluntarily go along with such a sinister plan they must hide the building of these “regional cities” as university campuses. These campuses where not always part of their plan but about 10 years ago one of the WEF and UN meetings they decided this would be the best course of action to build these cities behind our backs but right in front of our noses, without us even knowing what is happening.

SURVEILLANCE CAMERAS EVERYWHERE

Also, if you live in a democrat run state you should notice the efforts and funding allocated to put surveillance cameras everywhere. They intend to spy on you and even send you bills to your CBDC account (now being implemented in July 2023) to auto pay for any violations. You will not even have a choice to contest the violation and have it repealed like we can today. This process will be gone and they will later claim “but we have the photos of you” how can you deny it? They will not care about personal circumstances or human interactions.

HERE COMES MR. CHIP

I also learned they will try entice you take a rice size micro chip under the skin on your hand to use to process your debits from your account while shopping and paying for services. Oh… they will say its so convenient. But remember what I told you about the CBDC. They will need the micro chip to make it work.

Also, the younger generation will be enticed to do the same to take a rice size chip under the skin in their head to focus on the brain center of communication. They will use a social media platform the kids will migrate to. At first it will be honest communication but later they plan to use it to indoctrinate the children through subconscious propaganda suggestions even while asleep at night.   

I have a gross problem with Elon Musk and I would not trust this guy. He is a false prophet. He has freed up files from Twitter as a means only to gain the trust & confidence of susceptible members of congress. Do you know tht one of his multi-billion dollar companies is now manufacturing these rice size macro-chips. Go figure who side he is on. Is he for freedom not only by freedom of speech but in general according to our US Constitution?

HERE COMES UNIVERSAL BASIC INCOME

This crap came out in the early 1990’s. I heard them talking about this as some sort of good thing driven by NESARA and GESARA. This was going to be paid for as part of the reparations for all the illegal taxes we paid over decades and decades. Of course now we know for a FACT it is all horseshit. Don’t be fooled by this NESARA and GESARA crap. It is all nonsense.

But now the truth comes out with the propaganda they told us decades ago in preparation for now, which they actually want a universal basic income to reality. But where would all this money come from to pay everyone?

To answer this question you only have to see that the CBDC is a digital currency. Folks that is the horror of the CBDC. It does not have to be backed by anything. Maybe when they start it they will try to back a small portion of it with gold but they will eventually get out of control just as our current US national debt it. Then they simply won’t care any longer. I would not believe a word they say. So, with the CBDC they will simply create a digital society and money will be just be created out of thin air with the flick of a button. Much like what they do today. Heck they won’t even have to run the printing presses any longer. So, for your universal basic income they simply will just create another digit.

Elon Musk claims that the universal income of some sort will have to be given since the robots will take over almost all our jobs. What he is really telling you is that they will cull out the population so that there won’t be even much universal income to pay out. Get it? Am I the only one seeing this? Go read the UN Agenda 2021 plan – “the planet can sustain a population of only 2 billion people”.

How can this insanity to humanity be stopped?

Please watch the prophetic words from prophet Andrew Whalen. God speaks to him mostly through his dreams.

We must first learn all the pieces then put them all together as they are all interconnected in a larger plan somehow. I hope I gave you yet more pieces to their puzzle for the future. Once you know the plan you can assemble the pieces and see their form of the future and how they are trying to mold it for the few elite to have total control over humanity.

Folks, these are satanic psychopaths.

More news….

How to pray the Rosaries

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. As we celebrate all mothers in May who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God to his creation of the bond between a man and a woman.

We pray for all the blessed “real” woman during this month of May.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

FRAMEWORK: THE SECOND PHASE OF THE SUDANESE CHANGES WILL BE ANNOUNCED AT THE END OF THIS MAY

 

The leader in the coordination framework, Turki Al-Atbi, confirmed, on Tuesday, that the second phase of government changes will be announced at the end of this May.

Al-Atbi said in an interview with Al-Maalouma, that “the changes in the positions of general managers of government institutions in most Iraqi governorates represent the first stage of the change program that was approved by the Prime Minister by the comprehensive evaluation committees.”

He added, “There is a second phase of change that will affect dozens of general managers in ministries, government agencies and institutions in Baghdad and the provinces at the end of May.”

He pointed out that “the process of change is taking place in parallel with the commissioning process,” pointing out that “changes are required in order to change administrative patterns and give a role to the new blood in taking its role.”

Dozens of exemption orders were issued in recent days to directors of government departments in Baghdad and the provinces.

(WOW! Is this an effort to clean out the “incompetent” and the “corrupt” ? 😊 )

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AMERICAN NEWSPAPER: WASHINGTON IS “LOSING” ITS INFLUENCE IN IRAQ BECAUSE OF THE DOLLAR

 

The American newspaper (The Cradle) announced in a report published today, Tuesday, that Washington is “losing” influence over the Iraqi authorities as a result of measures currently being taken against the use of the dollar inside the country, which it said the United States is using as a “tool of political pressure.” 

And the newspaper stated, according to what was translated (Baghdad Today), that the Iraqi government, after taking a decision to prevent the circulation of the dollar locally on the fourteenth of this month, directly weakened the “US control over the Iraqi political situation” as a result of the policy of “extracting the dollar” that it is now pursuing, according to described. 

And she continued, “The US administration uses the dollar as a means of political pressure, which has greatly affected the Iraqi economic conditions, especially during the past few years, as a result of the restrictions imposed by Washington on Iraq’s access to its stock of dollars.”

And she added, “The Iraqi government moved quickly towards measures that reduce its dependence on the dollar towards extracting it completely from the Iraqi economy to maintain stable internal conditions at least,” according to its description. 

It is noteworthy that a member of parliament, Hussein Moanis, told the newspaper that the Iraqi economy is “enslaved by the United States through the dollar,” which forces Iraqi lawmakers to move towards reducing the circulation of the dollar in the Iraqi market to get rid of Washington’s “dominance” over the economy, according to his description.

(The “Perfect Storm”!!!  😊 )

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RAFIDAIN BANK, DIRECTED ITS BRANCHES AT BORDER CROSSINGS TO COLLECT TAXES AND CUSTOMS DUTIES IN IRAQI DINARS

Economy News-Baghdad

Rafidain Bank, on Tuesday, directed its branches at border crossings to collect taxes and customs duties in Iraqi dinars.

A statement from the bank stated that the border branches (Trebil – Al-Waleed – Rabia – Zarbatiya – Basra Free Zone – Fleifel – Trade Exchange Zone – Safwan border – Khor Al-Zubair – Al-Haswa Customs – Al-Shayb border) have been instructed to adopt the dinar in collecting customs duties and taxes instead of the dollar.

The bank also decided that “the receipt of the stamp duty in Iraqi dinars will be in support of the national economy and the strengthening of the Iraqi dinar currency.

(Remember that they told us years ago that the revenue from customs and tariffs, if managed correctly, could rival that of the oil revenues. WOW! So, this is the perfect step in the right direction. What still has to be accomplished, however, is for these revenues to go into the general GOI fund and not to the pockets of provinces collecting them. This still is a problem and challenge for Al-Sudani. But they are getting closer. Let’s watch for this next step in the news.

All of these reforms will drive the rate of the dinar upwards towards a rate to finally reflect its true value. Yes, its all about demand, demand and more demand for the dinar….then we go to the bank… 😊 😊 😊)

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REUTERS: AL-SUDANI IS LEADING AN “UNPRECEDENTED” RECONSTRUCTION CAMPAIGN, AND THERE IS “OPTIMISM” ABOUT THE FUTURE OF IRAQ – URGENT

 

Reuters International News Agency, through a report published on Tuesday, revealed the details of what it said was “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general,” stressing that the general view of Iraq now has become “optimistic.”

And the agency stated, according to what was translated (Baghdad Today), that the capital areas, which were suffering until recently from a “great shortage of services,” are today under a major reconstruction campaign led by the Sudanese government, citing an example of Sadr City, which it said is among the most neglected cities in the country. Iraq, indicating that it is now “under major development in terms of services, as the city’s residents now have access to fresh water and paved roads, in addition to unprecedented services.” 

The campaign led by Al-Sudani, the agency said, has become focused on “providing services quickly and urgently so that citizens can feel its effects in an immediate way, the most important of which is building roads, bridges, paving pedestrian paths, removing checkpoints and combating traffic congestion in the capital, in addition to removing the rubble of destroyed buildings.” during the previous eras and rebuild it again.” 

The accelerated reconstruction led by Al-Sudani, according to the agency, also had an impact on the energy sector, as the agency confirmed that the supply of electric power in Iraq “improved significantly” during the period of Al-Sudani’s assumption of responsibility for managing the state, indicating that the Iraqis were accustomed to power outages in the month of May, with high Daily consumption due to the heat of the air, which did not happen this time. 

The interviews conducted by the agency with Iraqi citizens showed “cautious optimism” about the current reconstruction campaign, stressing that the Iraqis have become “concerned” that the political differences that are still “continuing behind the scenes” will disrupt the current reconstruction process led by the Sudanese government, as it put it.

As for the factors that helped push towards the current reconstruction process, the researcher at the American Century Foundation Institute, Sajjad Jiyad, confirmed in an interview with the agency that the large revenues from the rise in oil prices during the last period, in addition to the Sudanese desire to avoid more popular protests prompted him to focus on the points whose impact the Iraqis feel now, instead of measures that may be beneficial to them after ten years. 

“Al-Sudani wants the Iraqis to see him as a man who can carry out what he promises,” he said, noting that Al-Sudani is now trying to rely on popular support rather than favoring political parties to run his government’s affairs.

(WOW! This is the attitude Iraq needs for a truly democratic form of support for government officials. Remember they too are a “Constitutional Republic” like the US. )

The agency also indicated that the general view from outside and inside Iraq has become “optimistic” in view of what is currently being accomplished in terms of reconstruction operations in an accelerated manner, stressing that the reconstruction of the sides of the Tigris River, which appears for the first time “a picture different from the usual in Iraq” is prompted by international desire. To participate in the reconstruction campaign, referring to Anna Hidalgo’s visit to the French capital Paris and her offer to help in the reconstruction of Baghdad as one of the direct results of the Sudanese government’s seriousness in implementing the current reconstruction campaign. 

The agency said that “new and exciting” in Baghdad has become the dominant mode of expression for restoring life to the city, which has suffered from continuous years of wars and destruction, explaining, “According to the interview conducted with the Paris governorate and the governor of the capital, Baghdad, Ammar Musa Kazem, the current campaign is part of the funds approximately 400 million dollars have been allocated for the capital, which will be launched soon and will lead to a reconstruction campaign, the largest of its kind in Iraq,” as he put it. 

Cooperation with the French side within the “Pledge of Friendship” signed last week with Hidalgo also includes “management of water projects and facing challenges that prevent the provision of basic services to the population,” according to her statement to Reuters, stressing Paris’s commitment to helping Baghdad to “return again.” 

The agency confirmed that “Baghdad’s return” to the world once again also includes a cultural campaign that witnessed the return of many refugees outside Iraq, including artists and intellectuals, to the city, through the cultural initiatives that the Al-Kazemi government embraces and supports inside the capital. 

The optimism that the agency described as “cautious” is now prompting the Sudanese government to focus on providing services to the public and improving living conditions in general, especially in the capital, Baghdad, stressing that the political differences that “heat up internally” will negatively affect Al-Sudani’s efforts in his reconstruction campaign in the event that it floats back to the surface of the political process, according to its description.

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CHAMBERS OF COMMERCE EXPECTS A 50% DROP IN “DOLLARIZATION” OF CAR SHOWROOMS WITHIN 3 MONTHS.

On Thursday, the Diyala chambers of commerce expected a drop in what they called the dollarization of car showrooms by 50% within 3 months.

The head of the chambers, Muhammad Mulla Jawad, said in an interview with Al-Maalouma, that “obligating the owners of car showrooms to make written pledges in Diyala and the rest of the governorates to adopt the dinar instead of the US dollar in buying and selling operations is a successful step and will push to variables that focus positively on the economic file directly.”

He added, “The use of the dollar in buying and selling operations will decrease by 50% within 3 months,” pointing to “the importance of this path in reducing the demand for the parallel market to buy the dollar and thus reducing its prices to good levels.”

He pointed out that “the dollarization of the auto sector is a grave mistake from an economic point of view, and it has caused an increase in the dollar’s prices in recent years due to the high demand, because it has become a currency of exchange by 99%.”

Security detachments began to take pledges from car showrooms to adopt dinars instead of dollars in buying and selling operations.

(WOW, if correct this will be a huge change. But they told us in the next 3 months not weeks. Will we have to wait 3 more months for the RV then? )

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Matthew 10:42

“And whoever gives one of these little ones only a cup of cold water in the name of a disciple, assuredly, I say to you, he shall by no means lose his reward.”

More news….

IRAQ REDUCES ITS HOLDINGS OF US BONDS FOR THE SECOND MONTH IN A ROW

The US Treasury Department announced today, Tuesday, that Iraq’s possession of US bonds decreased for the second month in a row, to reach $39 billion.

(I wonder why? Is the US losing influence over Iraq? Is Iraq finally  determined to finally break the chains of suppression?)

More news….

POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS

Information / Baghdad.

MP for the Law Coalition, Mohammed Al-Sayhoud, confirmed on Monday that there is a prior political agreement to pass the budget law in the next few days, indicating that the budget is in the process of consensus on the last points.

Al-Sahyoud said in a statement to Al-Maalouma that “the State Administration Coalition, which brings together most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.”

(They are aiming to take a vote on May 17th tomorrow.)

More news….

AL-SUDANI: THE CURRENT SECURITY AND ECONOMIC STABILITY IN IRAQ STIMULATES ECONOMIC DEVELOPMENT

Iraqi Prime Minister Muhammad al-Sudani said that Iraq is open to all economic partnerships in various fields. Al-Sudani received a delegation of representatives of German companies and businessmen, which was attended by the German ambassador to Iraq,

He pointed out that the cooperation relations between Iraq and Germany are witnessing a great development in the recent period. Al-Sudani said, “The security and economic stability the country is witnessing represents a catalyst for economic development.” He continued, “There is a popular and official will on the part of all Iraqis for the success of the Iraqi economy,” noting that there is a favorable opportunity.

(Okay so you hear it from the prime minister himself in this article and I quote- “The security and economic stability the country is witnessing represents a catalyst for economic development.” So don’t tell us again later it’s the security and stability that is  holding back Iraq and the reinstatement. The cat is out of the bag….lol..lol..lol.. 😊)

More news….

SUDANESE TO UAE DELEGATION: IRAQ HAS AMBITIOUS INVESTMENT OPPORTUNITIES AND IS READY FOR AN ECONOMIC LEAP

Information/Baghdad…

Prime Minister Mohammed Shia al-Sudanese said  that Iraq has ambitious investment opportunities, while noting that the government is serious in confronting bureaucracy.

The Prime Minister’s Media Office said in a statement received by Al-Maalouma that “Prime Minister Mohammed Shia Al-Sudani received on Monday evening, a delegation of businessmen and investors in the United Arab Emirates, headed by the President of the Federation of UAE Chambers of Commerce and Industry Abdullah Mohammed Al Mazrouei, and welcomed the members of the guest delegation, stressing that their visit to the capital Baghdad reflects the distinguished relationship between the two brotherly countries, and the desire to open more horizons for joint economic cooperation.

And the Prime Minister stated, according to the statement, that “Iraq has ambitious investment opportunities, and it is ready for a qualitative economic leap that would promote sustainable development and fully achieve its goals,” referring to “the large investments made in Iraq in the fields of energy and petrochemicals.”

He stressed that “the government has a clear executive program, and it is serious about confronting bureaucracy and providing all necessary facilities in order to create a successful investment environment.”

More news….

STATUS OF THE RV

To summarize today’s RV status, I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law.

You might also want to take a peek at the POLITICS section of the newsletter today. There is some real juicy news for all of us to understand what is going on with all the corruption and it goes way beyond just the Joe Biden corruption. No, I am not signally any one party but I do believe it will be mostly the republican held majority that is going to save this country. Of course, God too has to take much of the credit but He will need boots on the ground to help. God also wants our prayers to know we stand beside Him in what he is doing to help us. In the coming months I believe there will be some shocking revelations of the lies and what they have been doing behind our backs since the end of WW2.

I do not yet know how the redenomination from the 3 zero notes to the newer lower notes and fils will work. The details have not yet been revealed. I do know for a FACT they are not yet in ANY ATMs.

Remember the CBI is not in the habit of just giving out FREE money to the banks. They will have to pay for the newer lower denominations when the conversion is in process. ATMs is just one way to convert to the lower notes since their money will be all electronic to get feed from ATMs.

This scares me!

So, this redenomination will be tricky and nothing like these intel gurus may be telling you. NO, they are not yet exchanging in Iraq. In fact, they still have not yet educated the people even on the newer lower notes and fils. This scares me and is not good. We are just two weeks away to what we think may be their target and still no “official” word from the CBI how this will all work. Are we that off on our target? I was told years ago that the CBI will not hide any news of the coming redenomination process and it will be all over the Iraq news channels. So where is it? Where are the articles?

Why are all these intel gurus telling you this is already done when it is not?

I am not going around pointing to my cap with “blessed” on it and dancing around like an idiot on YouTube for rumors and hype, like some other jerks we know…hint, hint i.e. crinkle lips…..lol..lol..lol.. 😊 At least not yet.

But we may be in the window to finally see this RV to the end and so don’t leave this newsletter disappointed either. I am not in the habit of lying to you and I need proof to tell you more good news. We will just have to sit tight and wait this one out. Meantime lay on the prayers for Iraq and please don’t forget to say our RV prayer with each newsletter read.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

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GOP Oversight Committee Presser On Biden Family Business Schemes – the Hunter will be the Hunted!

The amazing part about the headlines of the Hunter being Hunted was a prophetic word given by God long before this process began, and headlines came out. WOW! God is speaking to us through his prophets.

The coming heat waves –
God will be speaking to us.

GOP Oversight Committee Presser On Biden Family Business Schemes | Hunter Biden Laptop FBI Congress – YouTube

GOP rep vows to cut FBI funding over Biden family probe – YouTube

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House Republicans Just Passed H.R. 2 – The Secure the Border Act

House Republicans Just Passed H.R. 2 – The Secure the Border Act – YouTube

The Difference Is? Words Of Tucker – YouTube

As Title 42 expires,

There’s a lot of mention of “Title 42” lately. With it comes images of crowds of people crossing or on the banks of the Rio Grande, which divides the U.S. and Mexico. As it is expected to end Thursday, it might be a good time to understand what it’s all about.

What was Title 42?

Title 42 is a part of U.S. law that deals with public health, social welfare and civil rights. It gives the federal government the authority to take emergency action to keep communicable diseases out of the country. Before President Donald Trump used it in 2020, it had been used only in 1929 to keep ships from China and the Philippines from entering U.S. ports during a meningitis outbreak.

Trump invoked the law when the coronavirus pandemic broke out, ostensibly to prevent the spread of Covid, but its implementation allowed the Trump administration to expel migrants more quickly without having to consider them for asylum, and it has continued under the Biden administration.

Why is there talk about ‘lifting’ Title 42?
Why would anyone want to end it then?

The Biden administration had repeatedly sought to end the policy, but its plans were delayed by legal challenges from Republican states’ attorney generals. The pandemic waned, making the public health order that led to using Title 42 moot, and the U.S. Supreme Court canceled arguments in the case. Another administration effort to unwind the policy had been blocked by a federal judge in Louisiana.

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Why is Iraq ditching the dollar?

Before you watch this next video, I want to add that Tucker Carlson does not specifically mention Iraq however listen carefully to what is happening to the dollar. One has to think if these reckless actions are intentional.

Remember when I said in one of my recent newsletters that we still are trying to analyze just why the US Treasury, all of a sudden, as of last January, decided to move on ditching the dollar in Iraq and seriously help out in curbing the corruption in the currency auctions.

They are doing this by limited dollars to only legitimate sources approved by the US Treasury (new electronic platform). But this new platform was not developed overnight. Software coding started almost as soon as Biden took office, was able to get the funding for it. We only witnessed the platform implementation in early Jan 2023. Why now is the US pushing for currency reform so hard?

After watching this video many of us realize that a new financial system must be implemented to get our economy and finances out of the hands of these reckless politicians, banking cartel and deep state. This new system is coming clearer and clearer as it must be free of the Federal Reserve and the IRS. But not yet. First, we are going to have to suffer dearly for the recklessness policies imposed upon America by these bastard govt officials and politicians. You can’t just walk away from over 30 trillion in debt with consequences. This corruption is not going to be easy to swallow and of course they will only deny later that it was just “bad policy” and try to walk away from their own negligence.

Some of us may have been brainwashed already too to think what Biden’s administration is doing such a good for America or that the US can’t stay on top forever and so who cares. Really? Who is telling you this?

Some of us may even think that Biden is ushering in the new financial system with the Central Bank Digital Currency (CBDC) but I here to tell you this is just the opposite. The CBDC is part of the WEF “reset”. 

Some intel gurus also tell  you this is all the implementation of this foolish notion of NESARA and GESARA bullshit. It is my dire opinion that if you think any of these notions are good for America then you better sit down and start doing some personal research on your own because you are being made a fool and really have no clue of what is going on behind your back.

So, today I present these video to try to help you see it.

Does this impact Iraq? Oh…you even have to ask me that question! Can’t you see it?

So what is the solution?

Tucker Carlson and others outlines the immediate steps to negate some of the damage. But how do we implement these measures? There is so much more to do but it must be driven from the top down with an administration in power that really cares about America. This is where the democratic process of our Constitutional Republic comes into play.

We are not going to get this from this Biden administration and after watching what is going on with all the Biden family corruption, we all should know why. Can the US even last another 1.5 years under Biden? This Biden family corruption is only a drop in the bucket to what is really going on behind our backs. The Biden family corruption is just the outward symptoms of much more serious crimes against humanity and the world that are going on with these constant wars. You have to realize they are the problem, not the solution. As soon as you realize this then maybe we can begin our work to solve the problem.   

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Why are US banks failing?

To answer this question please listen to the short presentation by Harley Schlanger on the Mel K show first. Link is below.

Harley Schlanger explains the banking scam that has been going on since 1999 (coincidental?). Why 1999? Oh… is this the date to begin the “Project for the new American Century”? Yes it is! ☹ You can go read this diabolical project for America yourself. Here is the link below.

Project For a New American Century: “Rebuilding Americas Defenses” : Project for a New American Century : Free Download, Borrow, and Streaming : Internet Archive

We are only now beginning to see how these series of plans all fit together and fits into this banking scam of 1999. But, for now try to just understand why the banks are now failing and why they are giving all this bail-out money.

Where does all this money go?

Harley Schlanger

Why did they wait this long to repeal the act?

This all ties together nicely with other plans that were also developed. Many being even in writing for you to see, being the UN Agenda 2021 (1991 Going green and the climate hoax), UN Agenda 2030 (2018 Mass Immigrations) and now UN Agenda 2050 (not yet published it is plans for transhumanism). These plans get their funding from what we witnessing in the 2007-2011 mortgage crisis and are now witnessing again yet another banking crisis in 2023 and it will continue unless the Glass Steagall act is once again “fully” in force.  

This is what the government tells the citizens of the US of what happened to cause the mortgage crisis in 2007.

{In 2007, the U.S. economy entered a mortgage crisis that caused panic and financial turmoil around the world. The financial markets became especially volatile, and the effects lasted for several years (or longer). The subprime mortgage crisis was a result of too much borrowing and flawed financial modeling, largely based on the assumption that home prices only go up. Greed and fraud also played important parts.}

You can google it yourself and this is what you will get.

Yes, this was a government propaganda response that all the news channels all were told to tell to the public. But if you dig deeper you will find that this is just a superficial explanation of what happened and not what really caused it. It is an explanation to (cover their asses) and bring the blame once again on not any one person or entity in the government.

How can you prosecute anyone if it just happened as if by magic? They tried this with Covid 19 pandemic too in attempting to blame it on nature and how it evolved from bats outside the lab. This way once again no one is at blame and no one goes to jail. Get it? So, this game they play is not new.

Folks, these crisis just don’t happen. Something had to change to make it happen. So, what changed?

What caused it was essentially the partial repeal of the Glass Steadgall banking act of 1929 by the Gramm-Leach-Bliley Act in 1999. Remember it was Bill Clinton who was president at this time. He is a hard-core globalist.

With the repeal of this act, these substandard mortgages could then be “packaged” from the banks into securities that were sold abroad, many of which went to China. China…did you say China? Typically, mortgages up to this period had been relatively safe investments for investors since the banking laws were strictly enforced. Also, they could not be packaged with other investments since the commercial banks were not allowed to mix commercial banking and securities activities. They had to be separated.

By appealing parts of the Glass Steagall act, the Gramm-Leach-Bliley Act deregulated banks’ uses of your bank deposited funds, allowing them to once again invest those deposits in unregulated, high risk derivatives and swaps. So you see this is at the core of the problem, not deadbeats getting mortgages they couldn’t afford. The banks that dealt with these scams are  also how we get the term “Too Big to Fail”.

Maybe it’s time we let them fail because maybe it’s time someone is held accountable for all this loss of money and goes to jail for a very long time. But we must change the law first to make these investments by banks illegal once again.   

A bit of history: Why was the Glass Steagall act created?

The Glass Steagall banking act was introduced following the infamous stock market crash of 1929 and the subsequent Great depression. As a result, Congress concluded that safer and more effective banking reforms are needed to safeguard the country’s economy from further unpredictable crises.

The government’s response was the Banking Act of 1933, commonly known as the Glass-Steagall Act (for the bill’s sponsors, Senator Carter Glass of Virginia and Representative Henry Steagall of Alabama).

What did the Glass-Steagall Act essentially do?

It required that commercial banking and securities activities be separated, not to take place within the same financial institution.

Who repealed the Glass Steagall act?

The Glass Steagall act was partially repealed in 1999 by President Bill Clinton administration by the Gramm-Leach-Bliley Act of 1999. However, many economists and Fed members argued for taking out some of the restrictions imposed on the banking sector by the Glass Steagall act before its repeal. This brought about the Glass Steagall act repeal.

Now knowing all this information do you see why our banking system is failing? Are we heading for another 1929 depression, a depression that has been avoided all these decades because of the sound financial laws that were put in place in the aftermath, such as the Glass Steagall act.

So when I tell you that these politicians for the last 50 years don’t give a damn about this country or you or me this is what I mean. When I tell you they have been (and still are) psychopaths that are incompetent to run our government this is what I mean. Folks I am not making this stuff up. Nothing just happens.

So, think about this….

Since 1999, these bastards in the banking cartels have been taking your bank deposit money and investing it in high-risk investments which don’t pan out. Since its not their money who cares?  

Now let’s go deeper…

The Dodd-Frank Wall Street Reform and Consumer Protection Act is legislation that was passed by the U.S. Congress in response to financial industry behavior that led to the mortgage financial crisis of 2007. It sought to make the U.S. financial system safer for consumers and taxpayers.

But did it make your money in the bank any safer?

Apparently, your money is not that much safer with implementation of the Dodd Frank act. Read on and I will tell you why.

The provisions in the Dodd-Frank law were created to protect consumers and taxpayers from the risks of investments that banks make. However, many banks complained that the regulations were too harsh, especially on small banks. Lawmakers and President Donald Trump sought to roll back aspects of the law, including a major rollback in 2018 that passed with some bipartisan support. But why not just bring back the fully enforced Glass-Steagall Act? Why all this other legislation?

I want to add that some of the Dodd-Frank law was actually necessary and helps regulate much of the evolving financial sector when it comes to banking and it’s investments and how the banks make their money. So as common citizens it appears to us they are just layering law over laws, regulations over regulations to suit their scams and they are.

So, I now want to address the six main areas of concern the Dodd-Frank act was to address:

Stops Banks From Gambling With Depositors’ Money

The Volcker Rule bans banks from using or owning hedge funds for their own profit. It prohibits them from using your deposits to trade for their profit. Banks can only use hedge funds at a customer’s request. However, this aspect of the Dodd-Frank Act has been a prominent target for rollback, including multiple proposed and finalized rule changes from agencies like the Fed and the FDIC.3

Reviews Federal Reserve Bailouts

The Government Accountability Office (GAO) can review future Fed emergency loans, and the Department of the Treasury must approve the new powers. This provision addressed critics who thought the Fed had gone overboard with its emergency loans and other “bailouts” to the banks during the Great Recession.

Monitors Risky Derivatives

The Securities and Exchange Commission and the Commodity Futures Trading Commission regulate the most dangerous derivatives, which are traded at a clearinghouse, similar to a stock exchange. That makes the trading function more smoothly. The regulators can also identify excessive risk and bring it to policymakers’ attention before a major crisis occurs.

Brings Hedge Fund Trades to Light

One of the causes of the 2008 financial crisis was that hedge fund trades had become so complex that they were increasingly difficult for even experienced traders to understand. When housing prices fell, so did the value of the derivatives traded. But instead of dropping a few percentage points, their prices fell to zero.

To address this issue, Dodd-Frank requires all hedge funds to register with the SEC. They must provide data about their trades and portfolios so the SEC can assess overall market risk.

Oversees Credit Rating Agencies

Dodd-Frank created an Office of Credit Ratings at the SEC. It regulates credit-rating agencies like Moody’s and Standard & Poor’s. Critics of these agencies say they helped fuel the crisis by inaccurately reporting on the safety of some derivatives. Under Dodd-Frank, the SEC can require them to submit their methodologies for review. It can de-register an agency that gives faulty ratings.

Regulates Credit Cards, Loans, and Mortgages

Dodd-Frank created the Consumer Financial Protection Bureau, which consolidated many watchdog agencies and put them under the Department of the Treasury. It oversees credit reporting agencies and credit and debit cards. It also oversees payday and consumer loans, except for auto loans from dealers. Banking fees are also under the purview of the CFPB. These include fees associated with credit, debit, mortgage underwriting, and more.

Although Dodd-Frank didn’t ban risky mortgage loans, such as interest-only loans, it sought to protect homeowners by requiring better disclosure of what the loans actually were. Banks have to prove that borrowers understand the risks. They also have to verify borrowers’ income, credit history, and job status.

CFPB also played a role in increasing the FDIC insurance on bank deposits to $250,000.

In conclusion again I ask – Is your money in the bank any safer?

Seems to me anytime they pass some decent legislation that can help, they then go ahead and pass yet more that water-down what they just passed. Is this lunacy or what?

Knowing about all this banking corruption (and there is much, much more to tell), do you feel comfortable moving to a Central Bank Digital Currency (CBDC) or letting the government have any more control over your money? This CBDC is supposed to be implemented on July 1st 2023.

Do many of you even know about this date?

Imagine letting the Federal government, thus the Federal Reserve, thus the same banking cartel, the same people that has been screwing you all along since Jackal Island and now since at least 1999, to have complete control over all your money? But not only that, when they have control over your money, they have control over your entire life. For instance, they could force you to do things, like vaccinations, that you would not want. Stop and think about what I am saying…….

Americans should be up and arms about this implementation to a CBDC.

What are we waiting for?

In the bible Isaiah 53,  

We all, like sheep, have gone astray,
    each of us has turned to our own way;
and the Lord has laid on him
    the iniquity of us all.
He was oppressed and afflicted,
    yet he did not open his mouth;
he was led like a lamb to the slaughter,
    and as a sheep before its shearers is silent,
    so he did not open his mouth.

By oppression and judgment he was taken away.
    Yet who of his generation protested?
For he was cut off from the land of the living;
    for the transgression of my people he was punished.

Are we just going to be sheep led to the slaughter by these goons in Washington, DC? This government takeover of our bank accounts simply cannot happen and would be the nail in the proverbial coffin of America as we know it today. Get it? Yes, the government does now regulate the banks. but the CBDC is not just regulation. It is a complete takeover masked as if it is just digital currency program.

We will all soon probably be multi-millionaires post RV exchange. What will our banking system be like? But as I have been saying all along for years now they will try to find ways to take it from you and do it legally. What good is having all this money if it’s not really yours and the government can take it or control anytime they want and do anything they want with it without even having to go to court and ask permission or a legal warrant. That’s CBDC! Do you get it now?

More news….

Periodically I like to take questions from my readers comments posted in the blog. I publish my answers so everyone can benefit.

Question: Hi MntGoat,
You stated that we need to all get together to keep the government from taking our money. How do we get together? I do not know but one other person who has Dinar.
Thank you. 

Mnt Goat Answer: I said we must stand “united” and fight this idea of a Centralized Bank Digital Currency. Do this means calling, writing, texting, etc. your congressmen and senators. Tell them you do not want this. You do not want the government having this much power and control over your money.

Question: Hi MG,
If the corruption in the US is holding thing up in Iraq do you think it’s possible to RI by June 1? Yes things are being exposed about Biden’s corruption but not sure all will be exposed enough to free up Iraq to do their thing. Your thoughts?

Mnt Goat Answer: Thanks for your comments and question. This is not an easy and black and white topic to address. But I will do my best. First of all- How is anyone to know the extent to which the corruption of the US politics must be cleared to let the reinstatement go? Maybe you are asking the wrong question.

Again, I always say go first by what you DO KNOW to be TRUTH and work from there. So, what do we know? Biden administration knows the writing is on the wall and indictments are coming for their corruption. But this corruption is beyond just the Biden administration. Joe will not last his entire term. Money laundering from China is going to drag them all down. This is what will do it but there is much, much more.

Is the move now in Iraq just a means to clean up once again $$$$ and allow all these locked accounts from 2012-2013 exchanges (SKRs) to be freed up? Yet more money for the elite. These are the exchanges from the families of the politicians who exchanged in 2012-2013. Yes, family members, uncles, aunts, friends and friends of friends. However ounce the CIA orchestrated allegations of corruption by Nori al-Maliki on the CBI director at this time all exchanges halted and accounts frozen. We were promised to exchange too but left out due this CIA move. We were told when Iraq gets the RV we also will exchange and get it. But its been 10 years since.

This reinstatement of the dinar must be done in the last days of the Biden administration or the next administration may not do it. Biden is making sure his buddies and these family members are taken care of.

But it goes deeper than this. Also let us not forget what is going on with the global effort to bring down the US dollar and crash it by the deep state. These globalists are “panting” at the thought of the dollar crashing. They can’t wait! They want the crash and they need the crash. They have their “reset” plan and part of it is the CBDC. They will sweep in like vultures with their form of the solution.

They would love to control your money and this is really what it is all about. Nearly 30 trillion in pension and 401k funds. This is what they want.

Afterall they will control the banks entirely. We can clearly see a bail -in coming similar to the what happened in Greece in 2008 (to coincide with the US 2008 mortgage crisis I talked about above). Greek bailout crisis in 300 words – BBC News . Only this time the situation is worst, much worse.

The Confiscation of Bank Savings to “Save the Banks” is their diabolical Bank “Bail-In” proposal. It has already been discussed by the US Treasury and is coming unless we stop it.

The truth, however, is that this idea has already been discussed for years in the highest circles of the international banking sector too. In 2010 the Bank for International Settlements issued a white paper on possible bail-ins of Tier 1 and Tier 2 bank capital in the event of future banking crises. The proposal was discussed in further detail by groups like the Financial Stability Board and private sector entities like KPMG, which issued a July 2012 report on the possibility of future banking bail-ins.

During the midst of the Cyprus scandal, the government of Canada released its own proposed budget for the coming year, including language that suggests a bail-in regime. It is also coming to the US. Be ready for it.

They are now taking away the demand for the dollar from Iraq and essentially letting the dollar fail globally. If you negligently spend nearly 8 trillion dollars in 2 years and the printing presses are running day and night, what do you expect will happen? So, simply put the ship is sinking and they (the current Biden administration) wants out of the sinking ship. They want to take whatever they can on their way out. Get it? They are now in the looting stage as they are beginning to jump ship.

 Could The U.S. Dollar Collapse? (forbes.com)

What is my solution? I am not a financial advisor and I can’t give you advice in this area, but this is what I am going to do. Since we can’t keep millions of dollars in cash around our house, I am going to buy tangible assets and get the money out of the bank for the most part. What I do leave in the bank will not be in a situation susceptible to bail-ins.

So how do you do this?

This CBDC is planned by the US Treasury to take effect in July 2023 and this is the first step in preparation for the coming bail-ins. So why would they not want to find ways to take most of your money afterwards when we get it in our exchanges? But there will be a time delay in the process thus you will have time to move it around and so don’t worry. Don’t be fooled by many of these so-called intel guru idiots out there. They are false prophets and claim to be so smart. They cannot see the forest from the trees. I can assure you there is a plan already devised to take this wealth from your post- exchange unless you manage it correctly.

This is what I plan to do. What is your plan?  

1.Put my money into solid, sound material assets (precious metals (gold & silver), land, real estate, small businesses used to maintain your own estate and properties (LLC), etc.).

2.Use legal entities like trusts or foundations that can pay you monthly sums. These designated bank accounts used for the TRUSTS or FOUNDATIONS under these entities are typically protected from any bail-ins but to get the full protection they must be in perpetuity. In other words, you can’t end the entity once it’s created. It is there forever. But remember too that these trust laws can be changed but I feel there is low risk of that since they also protect the well-established very wealthy elite too.

3.If the banks offer bonds or other long-term investments post-RV you might want to consider them too as long as your money is protected and not in the scope of bail-ins. Do not over spread these risks. Keep it simple.

4.I DO NOT PLAN to invest heavily in the stock market.  

Just digits on a bank screen will not work towards your benefit and are very vulnerable to government bail-in confiscation in the future. However, you can convert digits into real assets but you must have a plan in place.  

Crinkle Lips
da…one of these self-proclaimed intel gurus idiots, Look at me I am a prophet, a financial advisor and a spiritual advisor all wrapped up in one. Oh boy! Look at my boobies and click the link below so I get paid….

More news….

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. In May we celebrate all real-to-life mothers who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God and his creation of the woman. Sorry guys!

We pray for all the blessed woman during this month of May.

How to pray the Rosaries

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

AL-ALAQ IS DISCUSSING WITH THE WORLD BANK HIS PLAN TO ESTABLISH A LOAN GUARANTEE COMPANY

 

On Thursday, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received a delegation of experts from the International Finance Corporation (IFC) of the World Bank, headed by the supervisor of financial market projects in the Levant region, Marcel Rashid.

According to a statement by the Central Bank, the two parties discussed “ways to develop the relationship between the Central Bank of Iraq and the International Finance Corporation, and to develop a plan to establish a (loan guarantee company), which was proposed by the governor earlier as part of a comprehensive study he presented regarding building national strategic bases for bank lending, while the bank staff is responsible for Building the national strategy for lending in accordance with its rules.

And the statement continued, “The establishment of a loan guarantee company is an important factor in stimulating lending, by reducing the rates of loan defaults that the banking sector in Iraq suffers from.”

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THE BUDGET IS NEARING ITS END, AND THE PARLIAMENTARY FINANCE BEGINS TO SCRUTINIZE ITS ITEMS – URGENT

 

The Parliamentary Finance Committee has begun to scrutinize the items and schedules contained in the draft financial budget law.

And a statement by the Parliamentary Media Department, which it received (Baghdad Today), stated: “The subcommittees of the Finance Committee met to study and add items to the budget and amend it, and to study the details of the allocations of spending agencies and the schedules included in the federal general budget for the fiscal years (2023, 2024 and 2025), and to check the details of the figures received, on the day Thursday”.

The committee stressed, according to the statement, “the need to determine how to spend according to the needs of the institutions, and to manage the funds in order to determine the sources and priorities in implementing projects that meet the needs of the state.”

The statement added, “The Special Committee for Items has prepared the texts that it intends to add to the budget items and to define ideas and visions related to the areas of taxes and fees for purchasing imported improved gasoline so that the amounts are returned to the state treasury after selling it, in addition to the file of fees for mobile phone companies, the balance mobilization tax, social networking fees, and obligating The Ministries of Electricity, Communications, Construction, and the authorities concerned with imposing fees and levies, and all spending units are evaluated in collecting revenues to preserve public money, in addition to the criteria for estimating the purchase of real estate.

The Special Committee for the Study of the Tables also analyzed the financial figures and checked the detailed data regarding the amounts of service and commodity supplies, special programs, contributions, and the government program. For the possibility of making transfers between the exchange chapters according to the need of the spending units and according to economic feasibility, as well as the sums of money for contracts of some ministries and central funding, in order to support the projects of the provinces, social welfare and productive companies.

The Finance Committee announced that it would continue to hold meetings until reaching the optimal formulation in amending paragraphs and items to achieve the specific goals of enhancing financial stability and development.

The State Administration Coalition – the largest parliamentary bloc – set May 17 as the date for voting on the draft budget law in the House of Representatives.

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SELLING IN IRAQI DINARS. CAMPAIGN IN SALAH AL-DIN AFFECTS CAR AND ELECTRICAL EXHIBITIONS

Baghdad – NAS   

The Directorate of Organized Crime in the city of Samarra in Salah al-Din province on Saturday carried out a campaign to monitor the sale of food and cars in Iraqi dinars.      

The director of the directorate, Colonel Jamal Al-Shazr, said in a statement to the official agency affiliated with “Nas”, (May 13, 2023), that “this campaign was implemented according to the directives of Interior Minister Abdul Amir Al-Shammari,” pointing out that “a force from the Department of Combating Organized Crime in Samarra conducted an inspection and obtained pledges from the owners of electrical shops and car showrooms not to sell or buy in foreign currency, and that the purchase and sale should be in Iraqi currency only.”  

They have been informed that if electrical appliances are sold or bought in dollars, all legal measures will be taken against violators,” he said.  

He pointed out that “the security authorities in the judiciary of Balad also carried out a major campaign for commercial and electrical markets and car showrooms to direct their owners to deal with Iraqi dinars only and not to deal in foreign currency, and this comes in support of the local currency against foreign currencies, and written pledges were taken to oblige everyone to do so and hold violators accountable in accordance with the law.”  

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An expert “evaluates” the decision of the Ministry of Interior to prevent commercial shopping in dollars – urgent

The economic expert, Nabil Jabbar Al-Tamimi, confirmed today, Sunday, that preventing merchants and citizens from dealing in dollars in the local market will work to strengthen the Iraqi dinar.

Al-Tamimi told (Baghdad Today) that “many countries are working to strengthen the national currency by preventing any dealings in foreign currencies, and this matter is in effect in most countries, and this matter will strengthen the Iraqi dinar, as it will be dealt with only in the local market.”

And between, “Dealing with the national currency and the dollar has serious economic effects on the strength of the national currency, and may be a reason for the collapse of the value of the national currency, as happened in Lebanon recently, and for this step aims to strengthen the Iraqi dinar in local dealings.”

And the Ministry of the Interior, prevented merchants and citizens from dealing in dollars in markets and shops, and restricted this process to dinars, and specified dealing in dollars exclusively in the Central Bank of Iraq and the exchange offices authorized by it.

Despite a previous decision by the Central Bank to adjust the exchange rate of the dollar, stipulating that the purchase price from the Ministry of Finance be 1,300 dinars per dollar and sell it for (1,310) dinars to banks through the electronic platform, then it is sold for (1,320) dinars to the final beneficiary. A large discrepancy with the prices circulating in the local markets, as the selling value reaches 147 thousand dinars and the purchase value reaches 145 thousand and 250 dinars per 100 dollars.

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AN ECONOMIST: PAYING FARMERS’ DUES IN IRAQI DINARS WILL CONTRIBUTE TO STABILIZING THE DEMAND FOR THE DOLLAR

The expert in economic affairs, Safwan Qusai, confirmed that opening a window to receive the Iraqi dinar for the benefit of wheat marketers from farmers in Iraqi bank accounts as a protected dinar from fluctuations, will contribute to stabilizing the demand for the dollar in the parallel market.

Qusai said in a statement to the Iraqi National News Agency ( NINA ) that “paying farmers’ dues directly in Iraqi dinars and increasing the quantity received to more than 4 million tons during this year and buying it at a price of 850,000 dinars per ton means pumping more than 3.5 trillion dinars and trying to hedge by buying The dollar by marketers, “stressing that, opening a window to receive the Iraqi dinar for the benefit of marketers in Iraqi bank accounts as a protected dinar from fluctuations will contribute to the stability of the demand for the dollar in the parallel market and its gradual return to the official price.”

He indicated that there are other solutions that can be activated to limit the decline in the value of the dinar in the parallel market in the current period.

(Here comes the 4th package of reforms…..These will be very severe. Stay tuned…)

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A country that trades exclusively in dinars: exhibitions and the wholesale market pledge not to deal in dollars

car showrooms and more than 40 wholesale food stores signed a pledge to 20 buy and sell in Iraqi dinars only, and stamped their commitment to the controls and instructions of the Organized Crime Office, during a joint field tour with the .local police and national security


The contractors showed cooperation on the first day of the campaign, while the .security services will take strict penalties against the violators

Investment directs to adopt the dinar in the payment of dues for housing units Director of the Office of Combating Organized Crime – Lieutenant Colonel : Mustafa Wahhab to Network 964 We implemented a major campaign to prevent selling in dollars, after the exchange rate rose against the Iraqi dinar, and we took fingerprints and pledges .from the owners of exhibitions and markets

We have achieved fruitful cooperation with everyone, and strict penalties will be .imposed against violators, according to Article 240 of the Iraqi Penal Code :Baqer Al-Obaidi – shop owner I signed a pledge to deal in dinars in buying and selling, and to abide by these .procedures in support of the national currency

:Meethaq Fazaa – From customers We encourage these government steps, because they will benefit the citizens 

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Salah El-Din implements a campaign to monitor the sale of foodstuffs and cars in Iraqi dinars

Today, Saturday, the Organized Crime Directorate in Salah al-Din Governorate implemented a campaign to monitor the sale of foodstuffs and cars in Iraqi dinars.

The director of the Organized Crime Department in Samarra, Colonel Jamal Al-Shather, said in a press statement, followed by NRT Arabia: “This campaign was carried out according to the directives of the Minister of Interior, Abdul Amir Al-Shammari,” pointing out that “a force from the Anti-Organized Crime Department in Samarra conducted an inspection and obtained pledges.” Owners of electrical shops and car showrooms not to sell or buy in foreign currency, and to buy and sell in Iraqi currency only.

Al-Shather added, “They have been notified if electrical appliances are sold or purchased in dollars, and all legal measures will be taken against the violators.”

And he explained, “The security authorities in Balad district also carried out a major campaign for commercial and electrical markets and car showrooms to direct their owners to deal in Iraqi dinars only and not to deal in foreign currency, and this comes in support of the local currency against foreign currencies, and written pledges were taken to oblige everyone to do so and hold violators accountable according to the law.” 

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IRAQI BUSINESS: IRAQ’S RESERVES RISE TO $ 125 BILLION AND ITS CASH LIQUIDITY EXCEEDS $ 100 TRILLION

The head of the Iraqi National Business Council, Daoud Abed Zayer, described monetary policy as “a failure and the central bank as laggard.”

Abed Zayer said for the program {without accusation} broadcast by the Euphrates satellite channel on Monday evening, that: “The Central Bank is inaction and unprofessional and the problem is the continuation of its policy for 20 years and is not looking for solutions and has become the case of other banks and the interests of home and abroad changed its mission to executive.”
He stressed “the need to address the failure of monetary policy because it hinders the government’s movement towards services.”
Abed Zayer added, “Iraq after 2003 was able to sell oil against the dollar and through the Central Bank the trader was able to obtain the currency at the official rate, and the defect that occurred is that there is a Directorate of Foreign Transfer responsible for the method of transfer for the purpose of import and was strict and legal.”
He pointed to “the abolition of the directorate by order of primer and the establishment of the currency auction, which created the financial transfer companies monopolizing all transfers from 2006 to the extent of the government of Prime Minister Mohamed Shia al-Sudani through exchange.”
“The merchant left the banking system and went towards the distorted system {banking}, which worked to integrate the remittance of all merchants and transfer it to countries that receive cash, and the United States of America repeatedly warned of this and applied international regulations through the electronic platform with international control, which reduced the smuggling of currency through remittances in an acceptable manner, which was up to 70% of it,” Abed Zayer said.
He pointed out that “the Central Bank buys the rest of the dollar in dinars from the government to increase its reserves to reduce fears, and the pressure on the exchange rate currently and its stay high is intra-trade with the sanctioned countries, including Turkey and Ukraine.”
Abed Zayer pointed to “the rise in the reserves of the Central Bank by about $ 125 billion, cash liquidity crossed the barrier of 100 trillion dinars, and the Central Bank printed about 50 trillion dinars in the past years,” noting “the ability of the bank’s reserves to meet the needs of importing traders.”
“The dollar is not available to us in cash in stores, but it exists through transfer through automation, and the Federal Bank only transfers $ 10 billion a year in cash, so distributing part of the salary in US dollars is not possible,” he said.
“There are many factors that need to be confronted to put pressure on the parallel price, and the central bank sells $200 million a year, imports do not exceed $70 million, and $130 million used to go smuggling,” Abed Zayer said.
 

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Economist: The Central Bank is working on issuing new cash… and warns of a “commodity catastrophe”

The economist, Hammam Al-Shamaa, revealed that the Central Bank of Iraq is working on issuing new cash, while warning of a “commodity” disaster.

Al-Shamaa said; For the “Without Accusation” program, broadcast by Al-Furat TV channel this evening, Monday, that: “The Central Bank is currently working on a new cash issuance, which is a disaster because the increases that occurred in 2012-2022 and now in the 2023 budget, the volume of cash issuance of the Iraqi dinar will reach 150 trillion dinars and it has no place now to contain it, and therefore a dollar recycling process must be carried out to avoid the problem of inflation.” 

He explained that “the increase in cash issuance leads to inflation, which is a disaster for goods and services, and therefore they tend to buy dollars, which reduces the value of the Iraqi dinar.”


And Al-Shamaa continued, “The current abstract spending is 150 trillion dinars, divided by 12, so the output is 10.2 trillion Iraqi dinars per month, and the central bank will face a problem in the size of the reduction, and it sells an amount of two trillion or less per month.” 

And he added, “The speech that we witnessed two weeks ago, and the dollar reached 140, after which the Sudanese Prime Minister, Muhammad Shia’a, stated that the parallel price will match the official price. It was a result of automatic debit cards, and the Central Bank’s sales of dollars are currently 50% less, because the other part of the attempts is not guaranteed, so Go back to storage.” 

Al-Shamma said, “The banking companies and the Ministry of Finance are fully aware that approving the budget will lead to a monetary catastrophe in Iraq, i.e. the problem is how the Iraqi dinar will be provided in the Ministry of Finance and deal with it without the dollar and allow the purchase of goods in dinars,” describing it as “difficult to achieve because the actual sales Compared to the size of the budget, it is catastrophic.” 

And he added, “The Iraqi reserves are controlled by the US Federal Bank, and it is just money that the Central Bank invests in investments that brings a huge return to the country.”

Al-Shamaa suggested, “The central bank issues bonds that are traded on the stock exchange with high financial interest that covers the revenues from the huge reserves of Iraq, with the need for the government to cut the volume of expenditures in half to leave the negative factors.”

The economist criticized Iraq’s financial policy by saying, “It is far from monetary policy and went on formulating an explosive budget away from the central bank, and all Iraq’s reserves are in America, and there is talk of regime change.” 

(Will Iraq find a way to end the petro dollar and hold their own reserves?)

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

Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Proverbs 11:24-25 

Some people give freely and gain more; others refuse to give and end up with less. Give freely, and you will profit. Help others, and you will gain more for yourself.

More news….

SETTING THE 17TH OF THIS MONTH AS THE INITIAL DATE FOR VOTING ON THE BUDGET – URGENT

The State Administration Coalition sets the 17th of this month as the initial date for voting on the budget

The State Administration Coalition held its periodic meeting under the chairmanship of the President of the National State Forces Alliance, Mr. Al-Hakim, and in the presence of Prime Minister Muhammad Shia Al-Sudani and Speaker of Parliament Muhammad Al-Halbousi.

  statement from him, which {Euphrates News} received a copy of, stated that “the periodic meeting of the State Administration Coalition was held in the presence of Al-Sudani and Parliament Speaker Muhammad Al-Halbousi.

The meeting discussed, according to the statement, “the items on the agenda in governmental and parliamentary affairs, and service projects that the national service government can provide at the current stage.”


The attendees were briefed on what had been achieved from the government program.


And the state administration “set the seventeenth of this month as the initial date for voting on the budget after taking all the notes and reformulating them in accordance with the government program.”

More news….

STATUS OF THE RV

So, the news today is still all very exciting news. The finance committee is making changes to the budget to delete certain pet projects. They must get the budget deficit down, as the law states. They are telling us now it will be ready for a final vote on May 17th (of this year…lol..lol.. 😊). Let’s see what happens.

We all need to remember what has been happening since January of this year as it has been absolutely amazing with all the changes made so far in the currency reform process. Can’t you see it? They have been moving ahead very aggressively with this process now. This is all fantastic news and so don’t get discouraged. The CBI is working towards a target and they are doing it with the full support of the GOI. This in itself is good news. Why do we keep seeing June 1st deadlines? Is June significant for some reason… hint, hint.. 😊

I also wanted to bring an article to you today from one of my more recent Newsletters from March 23, 2023. No, not years ago, this one is recent. Can you read? What does it say? This is the kind of news we have been seeing since January. Oh..please save me your negativity! It is right in front of our noses now. They are flaunting it even…And I quote-

“ADVISER TO THE PRIME MINISTER: CENTRAL BANK ACTIONS WILL RAISE THE VALUE OF THE IRAQI DINAR

Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the Central Bank’s measures have reflected positively on negotiations with the US Treasury, indicating that these measures will raise the value of the Iraqi dinar.

Salih told the Iraqi News Agency, “The procedural package launched by the Central Bank of Iraq hours ago is a positive reflection of the success of negotiations between the Central Bank of Iraq and the US Treasury, and is a systematic easing of the restrictions imposed, by adopting international banking tools as transparent channels for the transfer of funds, and in a more detailed way to conduct operations.” External conversion between Iraq and the world.


He added, “The instructions issued indicate a systematic liberation of external transfers from the restrictions, instructions, and customs previously approved on the movements of the Iraqi balance of payments, which will rapidly raise the value of the Iraqi dinar.”

There are many rumors floating around that the Reinstatement could happen any day now. Yes, I believe as we get closer and closer to June 1st we could actually see an end to this RV saga. There are all the signs of the progress that Iraq needed to make to allow the CBI to go forward with the currency reform program thus reinstate the dinar on FOREX and redenominate the dinar in this process.

However, let’s not go off half-cocked and be fooled by many of the self- proclaimed intel gurus out there who have called the RV so many times over just this past couple weeks. Oh…where it is then 😊. Of course it did not yet happen! Yes, I assure you it has NOT yet happened.

Below I am relisting a list of items/issues that we know we must see evident by Iraq prior to us seeing that actual RV / Reinstatement. Do you remember this list? It is from a March newsletter. So, now let’s review it again today so as not to be fooled by these intel gurus.

1.Is this change in the IQD rate going to be still under a program rate or over a dollar (that we want)? (They have since fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq.  

2.Is the IQD going to be reinstated on FOREX and (We now see that they told us recently this is where they are heading very shortly. There is a placeholder on FOREX but you can’t yet buy and sell the dinar on FOREX)

3.Are the OFAC sanctions lifted. (NO! not yet, but I am told this will happen suddenly and to look forward it in the coming days.)

4.Are they conducting the project to delete the zeros to coincide with the reinstatement? (The CBI moved to take the dollars out of the ATMs already and only disperse dinars. Intel rumors say the newer lower denominations are loaded and ready. But this is NOT true as I talked to my CBI contact and they can NO yet do this since the citizens need the ATMs with the 3 zero notes for cash money and the newer lower denominations would be worthless if they had them anyhow. So this was an easy rumor to debunk.)

5. Are they going through the re-educating process of the newer lower of the low denominations and coins, showing the people what they look like and the new value? (NO! this part of the reeducation has not yet happened and will not happened until they are ready to drop the zeros. Don’t let anyone fool you.)   

All FIVE (5) of these requirements must be met in order for us to go to the bank and exchange. Get it? This is what we are looking for and not some bank memos…, secret intel meetings, RV around the world, etc., etc., bullshit.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

______________________________________

THE TRUTH ABOUT JOE BIDEN IS FINALLY BEING EXPOSED

As the Congressional oversight committee begins revealing it’s findings on the Hunter Biden probe just remember one thing- You can speak out, get in front of the cameras and smile and deny and lie all you want, but the FACTS speak for themselves and can’t be denied. It is just a matter of time before Biden is finally GONE!  Yes, its coming! You know what? I can hardly wait for that day!

Is this even the real Joe Biden or is he dead already?

They have not even begun to expose the damage that Joe Biden has done to this country’s national security.

______________________________________

TUCKER IS BACK !

I don’t know about you, but I feel this guy Tucker Carlson is anointed by the Holy Spirit to do God’s work. However, like anyone who bucks the system and exposes the TRUTH they become a target by the demonic forces. This is exactly what is coming for Tucker Carlson and it has already begun. These evil bastards now have him on their target list and so watch what they try to do next to Tucker. It’s not over until its over. However, I think it would be good if all of us prayer warriors be strong and pray for Tucker and that any plan is spoiled and enemies scatter when they hear his name.

More news….

How to pray the Rosaries

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. As we near May 14th Mothers Day, we celebrate all mothers that day who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God to his creation of the union of a woman & a man.

We pray for all the blessed woman during this month of May.

There are special graces given to those who
pray the Rosary during the month of May.

Our RV / Reinstatement Prayer – Please also try to pray out RV prayer at least each Tuesday and Thursday as you read my newsletter. We can clearly see our sincere prayers have made a difference.

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

Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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

Articles Begin

IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY

Baghdad Today – Baghdad

The leader of the Wisdom Movement, Ammar al-Hakim, stressed that Iraq is experiencing an unprecedented period of stability, pointing out that the current government is internationally and regionally accepted, during his meeting with the head of the Kurdistan Justice Group, Sheikh Ali Bapier, in the Kurdistan region of Iraq.

Al-Hakim said in a statement received by “Baghdad Today”, “the nature of the political variable represented by the state of political, security and social stability in Iraq,” stressing that it is “an unprecedented state of stability that needs to be sustained and developed in order to reach lasting stability to achieve the aspirations of the Iraqi people.”

He pointed out that “the government is serious in addressing all outstanding problems, providing services and restoring the citizen’s confidence in his political system,” stressing “the acceptability of the government regionally and internationally and the transformation of Baghdad into a meeting point between the parties of the region, we also stressed the importance of the stability of Kurdistan for Iraq, and that experiences have proven Iraq’s need for stability in all arenas.”

(Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again. I also do not think the US is giving it help to its full extent either, more like just lip service. But we will see very soon what happens as June 1st is very near.)

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

IT WILL LEAD TO THE DISINTEGRATION OF THE FRAMEWORK.. EXPECTATIONS OF AN IMMINENT CLASH BETWEEN THE SUDANESE AND THE POLITICAL BLOCS

Today, Tuesday, political analyst Muhammad Ali al-Hakim expected an imminent political clash between Prime Minister Muhammad Shia al-Sudani and the political blocs and parties, due to the ministerial changes, indicating that this may lead to the disintegration of the framework and the coalition of state administration.

Al-Hakim said, to “Baghdad Today”, that “Al-Sudani, after his ministers’ experience for months, is determined to conduct a cabinet reshuffle soon, especially after he declared that it is a constitutional right that he will not give up, hinting that he will go to parliament for that, and that the political blocs that refuse change She will be accountable to the people,” he said.

And he indicated that “it is impossible for this ministerial reshuffle to take place without referring to the blocs and parties and satisfying the political leaders,” considering that “the situation portends a major confrontation between al-Sudani and the former Iraqi prime minister, Nuri al-Maliki and other parties within the framework due to the replacement of some ministers.”

He added, “In the end, we may witness an imminent political clash between al-Sudani and most of the blocs that nominated him for the position of prime minister, and it seems to me that the end of confrontation and disagreements within the State Administration Coalition is the dismantling of the framework, as well as the dismantling of the State Administration Coalition prior to the local elections.

(What does this article tell you overall? We must read the article then sit back and think, think, think!  This tells me that there is going to be a “rif” between Nori Al-Maliki and his goons in the Coordination Framework and Al-Sudani as Sudani refuses to be their puppet. I guess they expected that if they put Al-Sudani in power he would go along with their plan to stall Iraq and keep it from any real progress. But this is not the case as we can see Iraq is moving ahead. Al-Sudani is pushing to finish the budget and get it implemented so they can go ahead in rebuilding Iraq. We also know that in the Al-Sudani administration he fully supports the currency reform and has said many times already the dinar is worth more than the dollar. So, where is the new rate? Why is the dinar still less than 1/6 of a penny?)

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

GOVERNOR OF THE CENTRAL BANK: ENTREPRENEURS’ INITIATIVES WILL BE LAUNCHED SOON

The Governor of the Central Bank, Ali Al-Alaq, announced, on Wednesday, the imminent launch of entrepreneurs’ initiatives, while indicating that there are great initiatives and efforts to solve problems that hinder the work of the private sector.

Al-Alaq said in a speech during the launch of the Europe for Iraq initiative (Tawfiq) to support diversified, sustainable and comprehensive economic development in Iraq. Financing the increasing consumer expenditures, which only increase the economic reality by further sagging and regression in growth and employment.

He added, “The initiatives related to supporting private sector projects and entrepreneurs come as a rescue for the economic situation, achieve diversification, expand the productive base in the country, and stimulate growth and employment in real economic directions, and this is what the Central Bank was deeply and clearly groping through the lending initiatives that it launched since 2015 and amounted to The volume of loans is about $15 billion so far, which is the largest amount in the history of financing in Iraq.

He pointed out that “the economic achievement must pass through the support and financing of the private sector, and also due to the absence of other policies and the absence of the state’s general budget over the past years of programs and a plan to finance and support the private sector, and here it is necessary to emphasize and focus on a fundamental and important issue that we have known through the initiatives.” lending to the Central Bank that financing alone is not sufficient to achieve the push towards expansion in the number and quality of projects, but it is necessary to combine other factors and achieve a suitable environment for work to launch such projects.

He pointed out that “Iraq needs to improve the ease of doing business index, as the World Bank report indicates that Iraq is at the bottom of the list,” calling on the government to “give this issue exceptional and great attention in order to improve the index.”

And he continued, “Many projects that could have been launched within the framework of the Central Bank’s initiatives have been delayed due to the conditions of the work environment, and here comes the European Union’s reconciliation initiative that touches on this fact and touches on diagnosis.”

And he added, “The Tawfiq initiative is trying to address problems in order to provide an appropriate environment, productive management, and solutions for cases that slow down the process of undertaking such projects,” noting that “the situation now may be very suitable for the launch of such initiatives, as a result of the security and political conditions and progress.” What the government is doing, represented by the Prime Minister, by focusing on economic priorities and achieving general stability, and it is an appropriate opportunity that now enjoys great international support for Iraq to take a path towards stability and development.

And he added, “There is a concerted effort to understand the problems and obstacles facing the work of the private sector and various initiatives, as well as providing factors that lead to coordination of some aspects, especially since the House of Representatives is close to approving the retirement law for private sector employees, and this law constitutes a major achievement and a basic rule.” important in concentrating the pillars of work in the private sector.

He stressed, “Entrepreneurs’ initiatives, in cooperation with an international organization, will be launched soon, and this time it will be in a different format, which will be seen on television channels to push business initiatives and innovations towards receiving funding attention, as well as participation in certain investments stemming from these initiatives.

(Read my lips – Iraq must FIRST go global with their dinar and trade it on an international level or they will NEVER get the kind of private sector investment they need to rebuild their country. Right now, they are still looked at as a high risk by many multi-national corporations that could really help Iraq. Go RV!)

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

THE CENTRAL BANK ISSUES RECOMMENDATIONS ON SELLING DOLLARS THROUGH THE ELECTRONIC PLATFORM

Information/Baghdad…

The central bank confirmed on Wednesday that requests will continue to be met through the electronic platform for cash, while issuing three recommendations.

The bank said in a statement received by Al-Maalouma that it “continues to meet the requests of companies to finance their imports of goods and services, as well as financing personal needs such as travel, treatment and study, through the electronic platform for cash , and to meet the requests of banks and electronic payment companies to enhance their balances to cover the settlements of electronic payment cards (Visa, Mastercard), at the official exchange rate of 1320 dinars per dollar.”

He urged the banks to:

1.Traders go to establish commercial companies at the Companies Registration Department to ensure that their requests are met through the window of buying and selling foreign currency smoothly and at the official rate.

2.Companies, malls and stores provide POS in order to facilitate the payment process for citizens to encourage them to use electronic payment methods.

3.Citizens acquire electronic payment cards and settle their various obligations through them.

(But we already know that these measures alone are not working to the full extent that the CBI needs. What they need is to make it illegal to sell dollars on the street market. Yes, get rid of the street market altogether. They already passed CBI mandate but not a law. No one is being punished for selling dinar above the official rate. This needs to be enforced!. Will the GOI help the CBI by writing a currency bill and to pass it in parliament? So, what will be the CBI’s next package of reforms since the current ones seem not to work fully?)

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

Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Proverbs 11:24-25 

Some people give freely and gain more; others refuse to give and end up with less. Give freely, and you will profit. Help others, and you will gain more for yourself.

More news….

SETTING THE DATE FOR ANNOUNCING THE VOTE ON THE BUDGET

Baghdad – NAS  

The Parliamentary Finance Committee announced on Thursday the hosting of four important ministries during the next two weeks, and while setting the date for announcing the vote, it confirmed the continuation of its intensive meetings on the budget.     

A member of the committee, Ahmed Mazhar Al-Jubouri, said in a statement to the official agency affiliated with “Nas”, (May 4, 2023), that “the Finance Committee is still continuing its work and strategy to reduce the financial deficit in the federal budget, and to make transfers, especially since there are sections in which the financial allocation is weak, including allocations for the development of regions, and there is a ministry in which expenditures have become large.”  

More news….

WEIGHTINGS.. MID-MAY IS THE DATE FOR APPROVING THE BUDGET

The Parliamentary Finance Committee suggested that May 15 be the date for approving the draft general budget law, with the committee seeking to reduce the budget deficit by up to 18 trillion dinars, at a time when the Parliamentary Action Committee disclaimed its responsibility regarding objecting to the financial aspects of the Persons with Disabilities Act.

A member of the Finance Committee, Mueen Al-Kadhimi, said in an interview with “Al-Sabah”: “At this stage, the committee is hosting ministers, and through these hosting and reviewing schedules, we will seek to reduce the deficit as much as possible, primarily in the operational field, i.e. the commodity and service consumption of the ministries of furniture.” Which took a significant turn in the increase of allocations.

He added, “There was no final agreement on the percentage of deficit reduction, but it could reach 18 trillion dinars,” noting that “the committee is trying to make the reduction professionally and according to unnecessary chapters, noting that “the approval of the budget will take place during this month of May and will not exceed it.

More news….

IRAQ: THE VOLUME OF FINANCIAL REVENUES AMOUNTED TO MORE THAN 17 TRILLION DINARS (Approx 17 BILLION US DOLLARS) FOR THE MONTH OF FEBRUARY FOR THE FISCAL YEAR 2023

The Ministry of Finance issued the accounts of the Iraqi state for the month of February for the fiscal year 2023, which indicated that the volume of financial revenues amounted to more than 17 trillion dinars, while indicating that the contribution of oil to the federal budget amounted to 96%.

Earth News Agency followed up on the data and tables issued by the Ministry of Finance in May for the accounts of February 2023, which showed that oil is still the main resource for Iraq’s general budget, reaching 96%, indicating that the rentier economy is the basis in Iraq’s general budget.

Through the financial tables, it showed that the total revenues until January amounted to 17 trillion, 668 billion and 982 million, 693 thousand, and 586 dinars, after excluding transfer revenues of 2 trillion, 233 billion and 629 million, and 735 thousand dinars, indicating that the total expenditures with advances amounted to 15 trillion, 923 billion, 515 million, and 419 thousand dinars.

According to the finance table, oil revenues amounted to 19 trillion, 207 billion, 539 million, 763 thousand and 376 dinars, which constitute 96% of the general budget, while non-oil revenues amounted to 695 billion, 72 million and 665 thousand dinars.

More news….

STATUS OF THE RV

Everyone should take the time to read the very first article in the articles section of today’s newsletter. In it, economist and academic, Al-Mashhadani pointed out that the exchange rate of the dinar will not stabilize soon, given that government measures are far from resolving the crisis and were not serious enough. He stated that the private banks are the party that benefits the most from the process of rising the exchange rate of the dollar again and again, as it sells the dollar to merchants and citizens at the market price, while it buys it from the Central Bank at the official price of 1320 thousand dinars, and then sells at higher rates, thus the rise in its price allows speculation and huge profits at the expense of the citizen.

In summary, it can be said that one of the worst economic models in the world is the one-resource economy or the so-called rentier economy which is what Iraq is under. This is the economic model, which is what most developing countries and third world countries pursue, whose governments are often dictatorial and authoritarian. But it has been 20 years now since the 2003 attack on Iraq, which finally destroyed what economy they had. So why is Iraq still in this one-resource economy or the so-called rentier economy? Oh…but the US keeps claiming they stand behind Iraq and support it fully. Really? We as investors are not blind. We see first-hand how the US is rapping Iraq and still to this day continue this process, by not releasing the Iraqi dinar to public trading on a global platform.

It is said the cause of delay in getting the parallel market in line with the official rate of the CBI is multi-faceted. In part it is the unwillingness of Iraqi private banks to work according to the electronic platform or to deal with the requirements of the Federal Reserve, caused the rejection of many foreign transfers. In today’s article they are telling us that at one stage of the implementation of this new platform for the currency auctions that the rejection rate reached as much as 80 percent of the transfers required to finance foreign trade. That means only 20 percent were legitimate the rest were corruption based.   

Al-Mashhadani then points out that the exchange rate of the dinar will not stabilize soon, given that government measures are far from resolving the crisis and were not serious enough. So, what will happen next to stabilize the dinar against the dollar?

What will be the coming fourth set of reforms by the CBI?

So, today I must also address yet more idiotic issues rumored in the dinar RV community. First let me say the ATMs are NOT loaded with the new lower denominations. I can assure you 1000% that this is not FACTUAL. Yes, the ATMs do have the 250, 500 and 1000 lower denominations but if by now these idiotic intel gurus can’t yet tell the difference between these lower notes and the ones we are looking for then they should give up their calls and just leave us alone. But they don’t challenge the crap that comes from Iraq. Yes, contacts from Iraq do tell us the lower denominations are loaded  in the ATMs and I agree they are loaded. But these are NOT the ones we are looking for. This is nothing new. Get it? Why is this so hard to understand?

The stupid intel gurus don’t even know how to ask the correct questions to get to the TRUTH. So what good are they? Do they help you or keep hurting you with false hope?

Another situation in our RV community is this constant nonsense about an RV already happened in Iraq. Really? So, just how stupid can anybody be in telling you this nonsense? In the first article in today’s newsletter it clearly tells us the amount of the 3 zero notes now in circulation. Not once do they mention about any new notes being issued of the needed lower denominations or of a revaluation we are looking for.

I also want to state that I certainly hope that all my readers realize the lies that are being spread about this investment and the speculation about the timing of the RV.

It is all so ridiculous it is sad that grown up people can take such advantage of their listeners. But why do they lie? They lie because they are not really interested in telling you accurate intel but rather to sell you products or services. Yes, this is their main goal and they will string you along and lie to you to do it.

They will tell you they have such “creditable sources” but in reality they have no sources at all and just make up their intel portion of their calls. They exaggerate every little bit of good information that does come out of Iraq and its always about the RV happening now. Well, its not always about the RV, its not happening now.  

Trust me when I tell you that when the newer, lower denomination notes that we are looking for are distributed (5,10,25,50,100, etc. and fills) we will hear the news from Iraq. It won’t be “secret” news but all over the news media and in multiple articles and “official” sources from Iraq. We will be jumping up and down when this news arrives. You won’t miss it.

It will be highlighted news from the CBI on all their channels. Get it? It won’t be leaked news from some “creditable source” from Iraq from some idiotic intel guru from the US. I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI. Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you.

However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.

Having said all this, so where are we today in the RV process?

We are still waiting for the 3-year budget to pass in parliament and for them to open it. I don’t care what rate is in it since they have told us the rate is flexible and they designed the budget accordingly. Of course, the higher the cost of oil the better. This is why they now need to whittle the budget deficit down to a reasonable amount if any deficit at all even. Like in the US they too have passed a law stating they can not run a deficit and must balance each budget. But the clock is ticking and it’s almost mid-May already. Almost half the year is wasted waiting for a budget.

What will this budget do for us in getting the RV?

I am told that there are a couple main issues beside the budget that need to be accomplished prior to any reinstatement approval:

1.the GOP must consistently pay the dues to the Kurdistan region which they are doing each month on time, unless there is a dispute in the amount for some reason;

2.the CBI must stabilize the dinar against the dollar and match the CBI official rate to the parallel market rate by 2% either direction. They have not yet accomplished this goal and need to take yet more harsh measures to restrict the black market;

3.Iraq must have a budget meaning a “passed” budget by parliament. We are told this could happen in May.

More news….

 POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

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BREAKING NEWS: Grassley Reveals He Has Received ‘Credible Allegations’ About Joe And Hunter Biden – YouTube

It’s 2017: They hated Trump so much they would even lie to falsely discredit the Hunter Biden’s laptop as “Russian disinformation”. We now know it is creditable information and could have swung the election the other way in 2020. Is this election interference? Has anyone gone to jail? Look at the picture above. Each one of these government officials lied about the laptop. Where is the justice?

Biden campaign played part in one of the ‘dirtiest tricks in American politics’: Jarrett – YouTube

Congresswoman Marjorie Taylor Green on corruption

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Oh boy! Folks you don’t want to miss this one.

Here is the link below. I encourage everyone who wants a nice short but accurate summary of the banking cartel and what they have done to the US banking industry and the rest of the world with the fraud, money laundering and constant wars by the “deep state”, please, please inform yourself and listen to this show. It just might open your mind even deeper.

Mel K & Harley Schlanger | Truth & Consequences in Ukraine & Beyond | 5-8-23 (rumble.com)

Deep State defined: A group of non-elected, long- standing government officials joining up with outside entities (global elitist) that are attempting to control the world by any means possible. This is nothing new as the history of the civilization and slavery speaks for itself. Most of these people are psychopaths who truly believe what they are doing is righteousness regardless of the consequences on humanity. They are corrupt. Most don’t need the money and do what they do crossing into the satanic worshiping for their power and strength. These are “godless” people.

The reason why it is important to listen to information like this presentation by Harley Schlanger is for all of use to realize just who the “bad guys” really are. We need to stop trusting politicians who make us empty promises and lie us over and over again.

So, who are the bad guys?

Also we must realize we are our generation that knows of no other financial system. We are used to some outside entity taking over our monetary system and manipulating it to their advantage and not of the desires of the nation and its citizens as a whole. So, why do we continue with the madness? We do it because we know of no other way and we think this is normal. But I assure you it is not.

So, I am here to tell you today it is not normal and these bankers and very wealthy global elitist that have been sucking the life out of our nation. Yes, there is a much better way but until we wake up and see it, change will not occur. With the nature of our economic system and wealth of our nation we all should be living in enormous abundance and prosperity. What- people living in tents in our streets? What – soup kitchens feeding the homeless?

But the necessary change will only occur if we regain the control of the wealth f our nation and where it is going. Is it going back to the people or stolen by the deep state?

And…I want to be clear. I am not just talking about just a “fair share of paying taxes”. This is always the normal mantra given by the corrupt politicians to make you think they are on your side and the corporations are your enemy. These mantras are thrown out to us as a cover story for what is really wrong.

As a nation we need to take back our banking system and run our own financial system through an elected or appointed body of “competent” people through the US Treasury and get off the Federal Reserve and IRS systems. This is the start but there is much, much more to do. But let’s first learn the TRUTH and just who the “bad guys” really are.

2014 prophecy

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More news….

Please try to remember that the month of May is dedicated to our Immaculate Mary, the mother of Jesus. As we near May 14th we celebrate all mothers that day who dedicated their lives to “giving birth” and raising their children with morals and values. I am talking about real mothers not some fake idiot men who are mentally disturbed who think they are woman. The power of life is reserved from God to his creation of the woman. We pray for all the blessed woman during this month of May.

We honor Her and all mothers
as we crown Immaculate Mary
as the Queen of Heaven

How to pray the Rosaries

Praying the Rosary is one of the most powerful prayers that we can say. It is in part the intersession of Mary with her son Jesus so that God will hear our prayers.

Should Churches get involved in politics?
The Unmasking of Biden is occurring

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

THE BENEFICIARY IS NOT GOVERNMENTAL.. THE DOLLAR STRIKES AGAIN, AND IRAQ IS EXPERIENCING AN ECONOMIC BOOM FOR THE FIRST TIME

  

In late April and early May, the value of the Iraqi currency rose against the US dollar by 10 percent since the imposition of the new measures. However, despite the reassurance data published by the Central Bank of Iraq, the price of the dollar rose again against the dinar by a small difference, as the dollar recorded 1450 dinars. Last Thursday and continued until today according to the regulations of the stock exchange in Baghdad and currency dealers in the Kurdistan region.

The economist and academic, Muhammad Jamal, believes in an interview with (Baghdad Today), that private banks are responsible for the process of increasing the exchange rate of the dollar.

And Jamal asserts, “The private banks are the party that benefits the most from the process of rising the exchange rate of the dollar again, as it sells the dollar to merchants and citizens at the market price, while it buys it from the Central Bank at the official price of 1320 thousand dinars, and thus the rise in its price allows speculation and huge profits at the expense of the citizen.”

According to the figures and ratios taken from the bulletins and data of the Central Bank of Iraq, the amount of the Iraqi dinar’s monetary mass exceeded the threshold of 100 trillion dinars for the first time in Iraq’s history.

Earlier, the Central Bank of Iraq announced on October 6, 2022 that the volume of the monetary mass circulating in Iraq amounts to 84 trillion dinars, according to its advisor, Ihsan Shamran Al-Yasiri.

The dangerous variable through financial analysis and the monetary balance is on 4/1/2023, when the monetary mass of the currency circulating outside Iraqi banks, and in dinars in particular, amounted to 88.84 trillion, equivalent to 67.3 billion dollars, while what is in banks is 11.3 trillion dinars, equivalent to 8 $56 billion.

And this block increased during the first three months of this year 2022 by 9 percent, or a value of 8.2 trillion dinars, and this indicates that the Central Bank of Iraq has pumped, within 90 days, a cash block equivalent to 4 times its rates for the same period of the previous year 2022, which indicates that there is a shortage Significant in dollar liquidity with the Ministry of Finance.

This indicates that the reason for the increase in monetary mass lies in the sharp decline in the country’s oil revenues compared to the middle of the previous year 2022.

In sum, it can be said that one of the worst economic models in the world is the one-resource economy or the so-called rentier economy, which is what most developing countries and third world countries pursue, whose governments are often dictatorial and authoritarian.

Economic expert and academic Abdul Rahman al-Mashhadani says, “There are two main problems that caused the continuation of the crisis. The first is to punish some private banks and remove them from the currency window, and the second is to implement the electronic platform in which an audit takes place in several stages.”

Al-Mashhadani added, in a press statement, that “the unwillingness of Iraqi private banks to work according to the electronic platform or to deal with the requirements of the Federal Reserve, caused the rejection of many foreign transfers.”

He continued, “At one stage, the rejection rate, whether by the Federal Reserve Bank or the Central Bank of Iraq, reached about 80 percent of the transfers required to finance foreign trade.”

Al-Mashhadani pointed out that “the exchange rate of the dinar will not stabilize soon, given that government measures are far from resolving the crisis and were not serious.”

The currency crisis began last November when the Federal Reserve (the Central Bank of America) in New York approved stricter controls on international transactions in dollars for Iraqi commercial banks.

Under the new restrictions, banks must use an electronic platform to disclose their dealings and details about the sender and recipients, and US officials can object to suspicious transfer requests.

In the same context, the expert on economic affairs, Nabil Al-Tamimi, identified many reasons for the rise in dollar prices in the parallel market, while stressing the need to take quick steps by the Central Bank of Iraq.

Al-Tamimi told (Baghdad Today) that “the central bank is required to provide greater facilities for companies, merchants, small traders and financial transfer requests, remove obstacles and facilitate more procedures regarding these requests, and pass transfers quickly, so that there is no great demand for dollars in the parallel market.” And exchange rates are going up.”

And he indicated that “there are pages on social media, as well as applications (programs) that promote and publish exchange rates, at the price in the parallel market, not the official one, and this matter causes confusion in the market and makes exchange rates high, and for this, those pages and programs must be stopped in cooperation with the Central Bank.” And the competent government agencies, as these pages are the ones that control the black market for the dollar, and they are behind the recent rise during the past days.

It is noteworthy that the Central Bank of Iraq approved in late December a package of measures to control the stability of the exchange rate against the dollar, including facilitating the financing of private sector trade in dollars through Iraqi banks, and opening outlets for selling foreign currency in government banks to the public for travel purposes.

The bank called on merchants at the time to deal “with banks directly and not to resort to brokers and speculators to avoid charging their imports with undue commissions and expenses.”

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Al-Sudani: The exchange rate of the dollar will be fixed at the official rate

link

Prime Minister Muhammad Shia al-Sudani confirmed that the exchange rate of the dollar will be fixed at the official exchange rate.

 Al-Sudani, during his participation in the Iraq Forum for Stability and Prosperity held in Baghdad, said in a speech followed by “Baghdad Today”, that “the exchange rate of the dollar will be fixed at the official exchange rate.”

The dollar market is witnessing during the current few days a rise in dollar prices after it fell sharply during the previous days, as today, Thursday, it reached more than 146,000 dinars for every 100 dollars.

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Al-Sayhoud: We are determined to reduce the budget deficit before proceeding with its legislation

Information / Baghdad..
The representative of the coordination framework, Muhammad Al-Sayhoud, confirmed today, Friday, that the Parliamentary Finance Committee held a series of meetings with ministers and officials in order to reduce the budget deficit before proceeding with voting on it, pointing out that the government did not express its objection to the procedures of the Finance Committee.
Al-Saihoud said in an interview with Al-Maalouma, “The Finance Committee is working on holding meetings with all ministers in order to reduce their expenditures to reduce the deficit rate, which exceeds 60 trillion dinars.”
He added, “The Parliamentary Finance Committee is expected to have finished its meetings with ministers and independent bodies by the end of this week, to be followed by submitting the budget to the House of Representatives for the purpose of voting on it.”
He pointed out that “the government has a response to the procedures of the Parliamentary Finance Committee and the House of Representatives, in order to produce the budget in the He pointed out that “the government has a response to the procedures of the Parliamentary Finance Committee and the House of Representatives, in order to produce the budget in the best form and reduce the financial burdens and deficit in it, as the government did not express its objection to the procedures of the Finance Committee.” 

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6 days before the “agreed” date for deciding the budget. The Finance Committee has a different opinion

Baghdad Today – Baghdad

The parliamentary finance committee confirmed on Thursday that the passage of the budget law may take place at the end of this month or the beginning of next June, noting that it needs more time to discuss the law with the executive authorities.

Committee member Mustafa al-Karawi told Baghdad Today that “talking about passing the budget on May 10 is very difficult, as we in the parliamentary finance committee need more time to discuss the law with the executive authorities and in order to make amendments to the law in order to reduce the financial deficit.”

Al-Karawi pointed out that “the passage of the budget law may be the end of this month or the beginning of next month, and the announcement of a political agreement to pass before the middle of next month we think is very difficult, as we need a long time to complete the study and amend the budget.”

The State Administration Alliance, in an expanded meeting in the presence of Al-Sudani a few days ago, had set May 10 as the final date to resolve discussions on the budget items, which means 6 days from now.

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In the presence of the Minister of Finance. Al-Mandalawi: The people will not excuse anyone if the budget is late

{Political: Euphrates News} Mohsen Al-Mandalawi, First Deputy Speaker of the House of Representatives, chaired on Sunday a meeting of the Parliamentary Finance Committee, during which it hosted Finance Minister Taif Sami, to discuss the draft federal budget law.

During the meeting, Al-Mandalawi stressed during a statement by his office, a copy of which {Euphrates News} received, “the importance of speeding up the completion of the discussion and maturation of the project, indicating that the Iraqi people of all spectrums are waiting for the approval of the budget because of its direct link to their lives, and no one will be excused if it is delayed.”

The first deputy called for “identifying appropriate procedures to overcome the current obstacles and challenges to expedite the approval of the budget, stressing the need to ensure financial dues for those with grades for appointment, and to increase the share of governorates to complete lagging and strategic projects.

During the meeting, the doors of disbursement of the amounts of the emergency support law were clarified, and the provision of detailed data to the Finance Committee on it was emphasized, and employee compensation and service supplies, grants and subsidies, social welfare, and internal and external debts were discussed.

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When will the exchange rates stabilize in the local market?

link

Economic expert Bassem Antoine confirmed, on Saturday, that the exchange of the US dollar against the Iraqi dinar will touch its official rate after the approval of the budget for the current year 2023.

Antoine said in a statement, to Al-Maalouma Agency, that “the exchange rates of the US dollar against the Iraqi dinar will touch the price set by the government and the administration of the Central Bank of Iraq after the approval of the financial budget.”

He pointed out, “The government and the central bank’s measures contributed to stopping the process of the dollar’s rise, in addition to providing it in the local market through the electronic platform system, and obligating all licensed banks and exchange companies to work accordingly.”

Today, Wednesday, the exchange rates of the dollar against the dinar witnessed stability at the exchange rates of the dollar in the local markets in all governorates of the country, as the selling price reached 141,000 dinars per 100 dollars, while the purchase prices reached 139,000 dinars per 100 dollars, in the capital, Baghdad.

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Sudani directs to speed up the implementation of points of sale with electronic payment system

Information/Baghdad…
Prime Minister Muhammad Shia’ al-Sudani directed, on Sunday, ministries and agencies not associated with a ministry and all governorates to expedite the implementation of points of sale with the electronic payment system (POS) and to make unremitting efforts for that.
The spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, said, in a statement followed by Al-Maalouma Agency, that “the Prime Minister, Muhammad Shia’a Al-Sudani, directed ministries and agencies not associated with a ministry and all governorates to expedite the implementation of points of sale with the electronic payment system (POS) and make efforts striving for it.”
He added, “The directive came, during the Council of Ministers’ meeting in its eighteenth regular session, held on 5/2/2023,” stressing that “the Department of Cabinet Affairs and Committees in the General Secretariat of the Council of Ministers will follow up on the implementation of the directive with the relevant authorities.” 

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Hebrews 13:16

And do not forget to do good and to share with others, for with such sacrifices God is pleased.

More news….

STATUS OF THE RV

Tic Toc, Tic Toc, May is here.  We will soon know one way or the other if all this fuss about the dinar was really about a reinstatement or not. I can only go by what I am told and what I read in the news. For me we should expect to see a major revaluation of at least between 1.00- 1.50 dinars to the dollar. The articles told us and as the prime minister told the citizens, the dinar is worth much more than the dollar. If you pay attention, it does not take a rocket scientist to see that early June is significant for the currency and the economy of Iraq. Something BIG is about to change Iraq forever.

Today’s news is mostly all about the 2023-2025 budget saga. The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now.

I quote – “The House of Representatives committees are approaching the end of discussing the draft financial budget law, amid efforts to reduce the financial deficit in which 18 trillion dinars, to be about 59 trillion instead of the current 64 trillion. ” What will they cut? Of course, if it was your province, you don’t want any cuts. Can you see the problem? So, they will have to compromise and negotiate to “get-er done”.

In the U.S. we are going through a similar situation. But unfortunately, Congress is allowing its debt ceiling to be raised once again by almost 1.5 trillion. WOW! Why even have such a debt ceiling law in place if you are just going to follow it? Is the purpose of it to limit spending or use it each time to negotiate other things you want along with allowing it to be raised thus creating yet more debt for you and me and our children in the future. Why not cut, cut and cut out the waste and balance the budget? Is it really that hard to do? Oh…what a novel idea! I am glad that the Iraqi’s are at least smart enough not to play this game.

Biden trying to ‘destroy’ US, GOP senator warns – YouTube

Iraq: Anyhow they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May. Al-Sudani has old parliament to get it completed by May 10th. Can they? I do not know the significance to this date. With the year almost half over, there is a clear issue with the process they use to formulate the annual budget. How can you have an annual budget when it takes you half the year just to pass it? How can you then spend the funds in half a year to do the work of a full year? Do you see an issue here?

The way it’s supposed to work

The budget is forwarded to parliament in October by the cabinet fiancé committee as they are the legislative body. It’s then read and worked in parliament up too December, when it is expected to be voted on and passed. Thus, starting in January, the beginning of a new fiscal year, they have a clean budget and reconciled the previous years budget such as rollover projects or claw-back of unspent funds. But what we have witnessed in Iraq since 2004 has been nothing short of a mess when it comes to the budget. This process needs to be fixed. This is why we wait so long too.

I want to bring out yet another issue to you today. It is about the “project to delete the zeros”. If you recall in the past years, we always got an update from the CBI in the status of this project. The CBI tells me it is still a project that must be completed in the near future. So, why has the CBI NOT given us an update on this project for over two years now? We have read a couple articles by prominent economists on this event in the near past and they all agreed that it was time to do it. So, where is it? What is the status?

We know for a fact that if they change the rate of the dinar to something like 1:1 with the US dollar they will need to also redenominate the currency. Let me tell you why this task must follow or coincide with any significant rate change. Simply put – for example. If they did go 1 dinar equals 1 dollar then a 10,000 three zero dinar note would be worth $10,000. Right? Let’s say you were an Iraqi and you wanted to buy groceries. Because of the rate change the prices would also have to change to coincide in the marketplace. So, you grocery bill comes to $50 dinars. How in hell would a merchant be able to make change to you for 9,950 dinars?

Oh, but do you see now why the Point of Sale (POS) debit cards are so important to have in place first prior to the new rate announcement? Get it now? But there is still the question of what do you do with the person standing at your counter wanting to pay for groceries holding his 10,000 dinar note.

In this case the merchants are to instruct the consumer to go to the bank and deposit the 10,000 note or have it converted to the lower denominations then return to make the purchased. This is the tricky part that Iraq will soon face with the redenomination process.

In Shafaq News / Rafidain Bank decided, on Wednesday, to grant POS devices to all state institutions and the private sector free of charge.

The bank’s media office said in a statement to Shafaq News, “In line with the government program and the directive of Prime Minister Mohammed Shiaa Al-Sudani during the cabinet session that ministries and all departments should accelerate the implementation of points of sale with the electronic payment system (POS) and in support of the decisions of the Central Bank of Iraq to move to electronic cash starting from June 1, 2023), Rafidain Bank, in cooperation with the General Company for Smart Card.

The bank also decided, “providing technical and logistical support, supporting software, and training all technical cadres in exchange for (zero) commissions until the end of 2023, and on the responsibility of Rafidain Bank.”

Yesterday, Tuesday, Prime Minister Mohammed Shiaa Al-Sudani during the cabinet session directed ministries and all departments to accelerate the implementation of points of sale with the electronic payment system (POS) and make strenuous efforts to do so. Why such a hurry to meet the June 1st deadline? Do they know something we don’t…lol..lol..lol.. 😊

I want to also remind all you negative “Nay Sayers” that Iraq is going to drop the zeros, redenominate and leave all of us investors holding worthless currency. How could you even think this could happen? Who is filling your mind with this crap? Do you think there are over 10 million speculators in the IQD and we are all crazy people?

Over the last 2 decades we have compiled a huge knowledge of how they intend to go forward to get back to reinstate the dinar on FOREX and go live.

In 2019 Iraq even compiled yet another plan on how they would do it. It’s called the “White Paper”. Go read it for yourself. Here is the link.

Yes, the IQD is now on FOREX but it is just a placeholder and I wish they idiot gurus would get it straight. Be careful how you throw around these terms. You can NOT yet BUY or SELL the IQD on FOREX. So, to me this tells us it is not yet reinstated. So please let’s not buck heads on semantics. Let’s be real on how we use these terms and what they actually mean. We are all grownups just trying to figure this out. Lying to our audience does not change the FACTS! Get it? Yes, having the place holder showing the CBI official rate with some statistics is wonderful and a move in the right direction. But we are not yet there.

The three zero notes will coincide as legal tender even after the reinstatement and rate change. The process will suck up most of the larger notes out of circulation prior as they would be worth more than the dollar. I hear the CBI will give the citizens time to turn them in for a conversion rate. But even afterwards they will still remain legal tender. Remember that Iraq is not redenominating due to hyper-inflation, but rather due to a revaluation because they are so rich, not poor. 😊 Enough said…..

More news…..

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

The corruption in Washington, DC is being exposed. When will the real indictments begin?

So, the hearings continue in the series of committees set up but the GOP held house. The purpose is to get to the truth of just what has been going on in our government with the weaponization of the FBI against the citizens, what really happened on Jan 6and why, the Hunter Biden laptop, the Joe Biden/ China acts of treason, Social Media censoring, Covid lies, etc., etc. It is too much to believe even that they could be so corrupt. But you know who they are. Take a look at the figures on the poster below.

The corruption is so vast and mind-blowing that I am attempting to help you slowly piece it together and understand it. For instance, Tucker Carlson’s slide show of the real and complete videos (not doctored up) from Jan 6th demonstrate a web of lies. But for what purpose? We then find this entire fiasco only served one purpose. The purpose being was to create enough FEAR in the members of the joint session that day that they would easily go along with approving the certification of the 2020 voting results.

You see, this was the sole purpose of it all and the plan worked. What should have happened, according to the US Constitution, was to hold off on the certification until the proper investigations took place on the alleged voter fraud and irregularities in the election process. There were already 2 certified state packages presented before the session and third state was about to present its findings also when the breach occurred.

So, the full extent of the US Constitution was not fully executed as required by law. Don’t let anyone tell you differently. Later, the Jan 6th sham hearings were to justify the actions taken on the day just incase you had any doubts in the matter.

But this is just one small example on how these bastards have manipulated our minds and lied to us. I can on and on. So, I will try to present the news from these hearings a little at a time. You might want to also tie into these hearings.   

Time to smear judge Clarence Thomas

I want to present a video from a hearing conducted in 1991 for alleged sexual misconduct of one of the supreme court nominees Clarence Thomas. So, this smear campaign and lying is nothing new. We recently witnessed how they tried to use this sexual misconduct tactic too on a more recent conservative nominee judge Brett Kavanaugh. Remember? Who is heading up the hearings in this video? You will never guess…. Listen to the words carefully. I guess they played that all black men as stupid. Well, they guessed wrongly with Clarence Thomas. Who are the real racists party?

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Do you believe in climate change?

I have talked about this narrative before in my Newsletter and gave so much compelling evidence that global warming, now climate change, is nothing more than a hoax. It can not get any clearer is you study all the science. It is the world’s largest scam brought to man ever in the history of civilization and they are doing it right in front of your noses. If you know the real science, you can easily pick the falsie and lies from Al Gore’s “Inconvienent Truth”. Did he intentionally make this movie to later promote his carbon credit business?

I got to be honest with you too. I was once a believer but when I took the time to really study the FACTS and compared them to what they are telling us, it became only too apparent and obvious to me someone is lying to us. I only hope you too can take some time today to listen to the FACTS and discern them from all the lies.

The more horrific part about climate change it is that people are dumb enough to fall for it. Just remember that if you are hearing something over and over again, long enough it does not mean it’s true. It could mean it is just a rumor or another one of these very cleverly orchestrated narratives brought to you by the extreme liberal idiots. Who the hell are these people anyhow? What gives them the right to come into our countries and push their lies on us? Yes, this is dangerous ground since from these lies they want to inherently change our society so much and thus the entire planet we live in for something that has absolutely no scientific evidence.

I will leave it up to your God given common sense to discern who is telling the truth about this narrative of climate change. With all the other narratives this one has far reached changes in every aspect of our lives. In fact, there are no barriers and that is the scary part and what makes it even more unbelievable.  

I will let the video in the link below tell the rest of the story. Please if you have any common sense or sense of dignity for Freedom, Liberty and Justice watch this entire video. It just may awaken you. It may also sicken you to your stomach knowing how they have perpetrated society with this man-made hoax in so many areas and are so far getting away with the “Big Lie”. Tell your friends about it. Inform you schools that you don’t want these lies to be told to our children without a sound scientific basis for it.

Mel K & Author Guy Mitchell | Global Warming: The Great Deception | 4-25-23 (rumble.com)

This following video goes hand in hand with the Climate Change hoax as this stuff is all interconnected. They are using climate change now as an excuse to try to bring in so many other mechanisms to push society in their direction which is total control. Like I said their climate change has no boundaries. It will go on and on just like most of their narratives do.

Mel K on FlyOver Conservatives | CCP Style Social Credit Score is Already Here | 4-26-23 (rumble.com)

More news….

How to pray the Rosaries

We must be diligent in our daily prayers. God has told us, through the bible passages and now again through the modern-day prophets, that He will help our countries through these crises but we must let Him know that we stand firm in His Glory and will not give in to hopelessness or despair. We must also play our part too in learning the TRUTH and then SPREADING the truth. It may still get even worst before it gets better but remember God and His Son Jesus is beside us all through it all. But we must do our part too.

Julie Green – The End To The Great Reset

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

NAJAF INTERNATIONAL AIRPORT: ADOPTING THE DINAR EXCLUSIVELY FOR TICKETS FOR PASSENGERS ON IRAQI AIRWAYS

 The administration of Al-Najaf Al-Ashraf International Airport announced that it had received the sums from passengers on Iraqi Airways exclusively in Iraqi dinars and at the official rate of the Central Bank, and promised to go to cancel the binding collection for travelers in the near future.

The airport administration said in a statement that it had directed to receive the sums owed by Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq.

And regarding the collection of the tax, the administration confirmed that it will spare no effort to resolve this file, and work is underway to cancel this tax, and we will spread its good news to travelers soon, God willing.

It is noteworthy that Iraqi travelers are exclusively deducted from them an amount of $ 20 for each flight via Iraqi Airways.

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PARLIAMENTARY FINANCE REVEALS TRANSFERS AND REDUCTION OF THE BUDGET DEFICIT AND IS LIKELY TO PASS IT AT THE END OF THIS MONTH

Shafaq News / The Parliamentary Finance Committee revealed, on Tuesday, that transfers have been made and a reduction in the deficit percentage in the budget law, which is likely to be voted on at the end of this month.

Committee member Adnan Al-Zorfi told Shafaq News agency, “The Parliamentary Finance Committee hosted a number of ministers, officials, and governors to discuss the financial allocations that were granted to ministries, departments, and governorates in the budget law.”

He added, “The Parliamentary Finance Committee is currently working on making transfers and reducing the deficit in the budget law, which amounts to 64 trillion dinars.”

Al-Zorfi pointed out, “The budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month.”

Yesterday, Monday, the “State Administration” coalition stressed, in a meeting attended by the prime ministers, representatives and all leaders of the coalition, the importance of approving the federal budget and launching government projects and programs, and announced on 10-5-2023 as a last resort to resolve discussions on budget items.

The Iraqi parliament is preparing to vote on the draft general budget law for the three years (2023-2024-2025) after completing the first and second readings of the draft.

(They just have to cut some expenditures to come into comply with the finance law debt ceiling, that says they can not go over a certain limit. So they must reduce the deficit and this is the process now. What to cut? )

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AL-ALAQ: THE CENTRAL BANK COVERS THE NEED FOR ORDERS FROM THE DOLLAR AND THE PRICE ON THE BLACK MARKET IS ABNORMAL

The governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Wednesday that the exchange rate on the parallel market or the black market is an unreal rate for speculators or owners of illegal operations.

In response to a press question, about the reasons for the price difference between the Central Bank and the market, Al-Alaq said that “the central bank reached sales covering the orders of traders, citizens, investors and others, and its sales are about 200 million dollars a day, so the second price found in the parallel market or the black market is an unreal price, which is a price for speculators or a price for illegal operations owners who are willing to pay this high price.”


“Now, there is only the correct price, which is 1320, because the central bank covers the need for requests for the dollar, and the other price is a price that has become an an anomaly price related to speculation or related to illegal operations,” he stressed.

On the Central Bank’s measures against raising the dollar in the markets, Al-Alaq indicated that “the market corrects itself by covering the needs of citizens, traders and others, so that it does not resort to using another price or another place to buy the dollar.

(Okay so now we know about the cause of the problem. But we knew this was the cause all along ,,,,nothing new..bla, bla, bla,,,What is the answer Mr. Al-Alaq? What will you do to get the black market rate in line with the official rate of 1320? We wait your answer. My take on it is these are non-essential dollars being sold. Simply cut them off from the electronic platform and stop selling them. Is there any other answer? 😊)

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Hebrews 13:16

And do not forget to do good and to share with others, for with such sacrifices God is pleased.

More news….

SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected that the official and parallel market dollar exchange rates would match within a few weeks.

“We expect that within a few weeks there will be a match between the two prices,” Saleh said in an interview with “Euphrates News” agency, which was followed by “Al-Iqtisad News”, explaining: “If the difference between them is 2%, then it is considered a match.”

He added, “The conformity of the parallel exchange rate to the official exchange rate depends on the extent of disclosure of the authorized banks to the electronic compliance platform, by giving the correct information and adhering to the controls and transfers in a greater way, which helps to match the official parallel rate.

(I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.” Can it get any clearer? Please stop all the dancing, hype and rumors. It is NOT yet done!)

More news….

FINANCIAL INCLUSION ACTIVITIES WILL START ON TUESDAY WITH THE PARTICIPATION OF GOVERNMENTAL AND PRIVATE BANKS

The banking sector begins to participate in the activities of financial inclusion, which is scheduled to start next Tuesday under the auspices of the Central Bank of Iraq and the Association of Private Banks, and with the participation of governmental and private banks.

Banks are reviewing banking services to customers, the use of electronic payment tools, POS devices, and the culture of electronic payment, which the government seeks to generalize the experience to all private and public sector institutions, and to open savings and current bank accounts. 
The locations where the financial inclusion activities will be held have been identified.

(So what is this financial inclusion? I want everyone to read the full article for yourself. No hype or rumors! It says absolutely nothing about training anybody on the new lower denomination notes. Get it! Read it! It is NOT about the RV! Get it? Why are these intel gurus lying to you once again? Over the decade we have seen many of these banking activities / seminars to train the population on the banking system. This is just same old, same old. Nothing new. So why are the gurus, like TNT Tony and MarkZ idiots making such a big deal about it? The RV is NOT predicated on this activity and it is NOT a pre-cursor to the RV. What nonsense! ☹)

More news….

STATUS OF THE RV

Yes, we have reached May already and still no RV. Oh, I thought all these gurus told you that definitely by the end of February, then March and then April. Oh,,,now we hear now from these same idiots it’s the end of May for their target. Oh such bullshit I want to puke. But they have no evidence to back up their big mouths spouting off their foolishness. When will it all end…?

If they cared to go back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”, remember? So he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%. This was back in 2011-2012 folks. He was able obtain these goals at a program rate of 1166. Remember? This 2011 plan for reinstatement called for this stability to be maintained at least for 3 months. He was able to do so and was then given the “green light” to go ahead. He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it.

So, once again in today’s news we have word of this same requirement as a I quote from the article – “If the difference between them is 2%, then it is considered a match”. Does this seem like de ja vue to you? They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return.

Meanwhile we are told the budget is done then we are told they are still arguing over it..bla, bla,bla. In today’s news they tell us they can not predict when the budget will be done. Folks it is May already and almost half way through the first year of the 3 year budget. Do you think their budget process is flawed? You think! Yes, something very corrupt and fishy going with this budget.

We know for real that the third reading is underway. What we have not yet heard is the result of this session. Funny how the Finance Committee will talk about the budget and in the same article talk about the stability of the rate of the dinar in parallel with the market rate. Are they connected? Then they tell us the budget will not be complete until the dinar is in parallel with the market rate. What the hell does this statement mean? I have showed you previously that they are connected and how both events will most likely come together.

I need also to bring another point to my readers. Many get caught up in listening to all this bullshit intel from all these gurus and the go off half-cocked thinking that maybe these gurus are right and it will RV this weekend….maybe…maybe…! Shame on you! Do you know what over-speculation is? It will drive you crazy.

Tie-in To The Washington DC Corruption

So, in this respect what have I been telling you all along about the association of the reinstatement to the corruption going on in Washington, DC. Do you remember? I told you that we would NOT see the RV until this corruption is exposed and is dealt with. It is part of the holdup I can assure you. Things are NOT normal in politics in the U.S. These crooked bastards in Washington DC do not want you and me to reap the benefits from our exchanges. They will find a way, if possible, to continue to delay Iraq. We see it now in the budget process. But if we have been watching the news lately, we can clearly see that their days are numbered and soon to be over. They are like rats scrambling to hide only there is no where to hide. Justice will get them all sooner than later. As many of the prophets tell us there are huge changes coming and I believe part of these changes is the “Wealth Transfer”. Iraq is part of it. They cannot hold Iraq back any longer.

In today’s news we see two articles about the 2003 Iraqi war, on the anniversary of the end of it on May 1, 2003. But as we read the articles, it becomes apparent some journalists finally decided to tell the truth about the war and how the US destroyed Iraq. Yes, it destroyed its economy by issuing these 3 zero notes and forcing Iraq to use the currency auctions to buy all imports. This put a huge demand for the US dollar which killed Iraq but helped keep the dollar afloat (supply and demand). Actually, the US occupation continued until 2011 destroying the country of Iraq only now 20 years later, it still is not rebuilt. One has to ask why? Also, the country still is left without a currency. One has to ask why? It is time to liberate the dinar.

So, we are close and Iraq is moving in the right direction. We have never seen such progress before in the direction we are looking for. But let’s not over-speculate. There is still much to be done but they will get there. I am still holding firm that we could see a reinstatement before June. The evidence is now right in front of our noses. Let’s see what happens before now and then.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

____________________________________

How the Government Censors Truth 

(A slow transition to a Marxist Govt)

Full video link below (about an hour)

How the Government Censors Truth | Panel Discussion at #Heritage 50 – YouTube

Unbelievable but Trump almost lost Texas in 2016

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Who is Ray Epps? Why is he given a FREE pass?

In Tucker Carlson’s presentation of the Jan 6th videos we clearly see Ray Epps the day before at the capital on Jan 5th telling protestors there that on the next day, Jan 6th, they should storm the capital. Then on January 6th we see him once again clearly conducting an effort to insight the crowd. Then there is a video arranged for him as his cover, where he walks the line telling the people to stand down, in complete opposite behavior. Was this a setup? Who the hell is Ray Epps and why does he get a free pass and not locked up like the rest of hundreds of other protestors? Why is the FBI protecting him?

Was he in- fact paid off by some entity (probably the FBI) to insight a riot outside the capital? Don’t you think the democrat led Jann 6th hearings should have investigated this guy? Oh…but why investigate someone who was part of their narrative all a long. The fac that they did not investigate him once again shows they he was connected in some way with the plot to push to hurry to certify the votes in the joint session. Let us not forget this was, after all, the main purpose of what happened that day.

So was that really Epps’s job? Folks there are so many unanswered questions about Jan 6th and about this guy. Why have these questions not been addressed in the democrat run hearings on this topic? Why did they cut and paste video footage to suite their own narrative rather than to seek the TRUTH?

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Biden Family Corruption

This level of corruption in our government is mind blowing. It is so bad it’s almost incomprehensible that even this level of corruption could exist in the US Govt & Whitehouse. Remember this presentation today is just a taste of it. There is so much more to come that will be exposed as the GOP investigation goes on in the coming months.

Folks, this is not conspiracy stuff, The GOP has all the evidence.

Link below to see the entire presentation:

‘How could we not impeach Biden?’ GOP rep. rips bombshell report over Hunter laptop – YouTube

Should Biden be impeached? I don’t care what party you belong to. This corruption is so bad even democrats alike must recognize this is destroying their country too. This is way beyond party politics. We must pray for the efforts being made to uncover the TRUTH. Then once the truth is exposed, JUSTICE must prevail and anyone /everyone responsible must be punished.

Why are we experiencing all these crisis narratives?
Where did they all come from and who is funding them?

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A Biblical Economic Reset Is Coming

Get ready for God’s Glory with His Abundance and Prosperity.

I will let Julie Green express God’s prophetic word on this topic. I am not a prophet.

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How to pray the Rosaries

Please take a few minutes each Tuesday and Thursday to tie into out RV prayer.

Are we praying for money? NO! Instead, we pray to the Holy Spirit to anoint our leaders so that they may gain the wisdom of the Holy Spirit to expose the TRUTH and then apply JUSTICE.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

MAY 1, 2003, THE DATE BUSH DECLARED VICTORY IN IRAQ

Former US President George W. Bush announced on May 1, 20 years ago, the end of combat operations in Iraq and the victory of the United States.

Pledging to achieve democracy in Iraq and to establish its security, which has not happened until now, so that the United States of America recorded one of the most egregious human rights violations in contemporary history. 

As for the Iraqis, they do not forget the date of May 1 and the heavy legacy that left behind, which destroyed the country’s economy, dragged the political scene into partisan conflicts, and confused the security scene until this moment. 

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AMERICAN WEBSITE: 20 YEARS AFTER BUSH’S SPEECH…THE MISSION HAS NOT BEEN ACCOMPLISHED AND WASHINGTON HAS FAILED IN IRAQ

 

A report by the American Counter Bing website confirmed, on Monday, that on this day twenty years ago, six weeks after the invasion of Iraq, George Bush appeared on the USS Abraham Lincoln aircraft carrier, announcing the end of combat operations in Iraq, behind him a banner that read, “Mission Accomplished.” 

The report, which was translated by the information agency, stated that “Bush’s empty claim faded with the escalation of fighting in the country between the resistance and the occupation forces, and during the following nine years, the death toll among American soldiers rose from 200 soldiers to more than 4,400 soldiers, while the number of Iraqi deaths rose to hundreds of thousands. The physical wounds were more numerous, and the psychological injuries were countless.” 

“Bush’s speech and banner have since become infamous and ridiculous, but the focus on the speech and banner ignores his other lies when he said, ‘We fought for freedom,’ and did not mention the main reason, which was oil,” he added.

He continued, “Former Federal Reserve Chairman Alan Greenspan, in his 2007 memoirs, admitted, “I feel sad that it is politically inappropriate to acknowledge what everyone knows: The Iraq war is largely about oil of US Central Command said in Iraq, Gen. John Abizaid: “Of course it’s about oil, we can’t really deny that.” Senator Chuck Hagel, later who became Secretary of Defense, commented “People say we’re not fighting for oil. Of course we are.

And while describing the war effort as utterly noble, Bush’s “mission accomplished” speech credited the “new tactics and precision weaponry” the Pentagon used to avoid “violence against civilians.” But those soothing words mask brutal realities, according to the Costs of War Project. According to Brown University, the civilian deaths account for 40 percent of “the people killed directly in the violence that erupted in the wars of the United States after 9/11.” In fact, the vast majority of those killed in those wars were civilians, and “several times more were killed as a result of the impact of wars – for example, due to loss of water, sanitation and other infrastructure issues, and war-related diseases.

“At the moment, it is surprising to note the condemnations of the Russian invasion of Ukraine by some of the same US government leaders who strongly supported the appalling invasion of Iraq after the mission failed and America failed in the country,” the report noted. 

(All I can say to this article is that “I told you so”. I have been saying this for years now that it is the US govt that is holding back Iraq. Yes, more corruption. The crocked US politicians and CIA don’t want Iraq to be independent and a sovereign nation.)

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AL-SUDANI MEETS WITH SENIOR SECURITY LEADERS IN THE COUNTRY: STABILITY IS “VERY IMPORTANT” FOR INVESTMENT

 

 Today, Monday, the Prime Minister, Muhammad Shia’a Al-Sudani, discussed with the ministers and security leaders in the country the duties carried out by the security forces within a “semi-annual” briefing of their work, while stressing the need to stabilize the security situation as a very important factor to attract investment.

The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, said, “The Prime Minister, Commander-in-Chief of the Armed Forces, Muhammad Shia’ al-Sudani, chaired a meeting at the Joint Operations Command headquarters, which included the Ministers of Defense and Interior, the National Security Adviser, the Army Chief of Staff, and the heads of the Anti-Terrorism Service and the Security Service.” National, Chief of Staff of the Popular Mobilization Forces, Deputy Commander of Joint Operations, and senior leaders in various military and security formations.

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SALEH: WITHIN A FEW WEEKS, THE EXCHANGE RATE OF THE DOLLAR WILL BE THE SAME AS THE PARALLEL RATE APPROVED IN THE BUDGET

As for the exchange rate of the dollar and its parallels as decided in the budget, Salih explained, “There are two factors that determine this issue, one of them: the suffocation that cannot be relieved on the internal scale because it was the wholesalers who entered on this scale, so the procedures were mixed because of the tax and customs cut off, and the other is the banks that seemed to adapts to the compliance platform in terms of disclosing who benefits from the transfer, because remittances fill 80% of the demand for foreign currency.

He pointed out that “things are going well and the auditing aspect of the compliance platform has become more flexible, in addition to that there is a demand for foreign currency, but there is no supply,” noting that “the exchange rate of the dollar is going well, as it was previously 20 points, but now only it is 8 points,” believing that “within a few weeks, the exchange rate will be the same as the parallel rate approved in the current year’s budget.”

(It this what they are waiting for in order to pass the budget?)

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3 NAMES ON THE LIST OF “REPLACING MINISTERS”.. WHAT IS THE STORY OF THE DISPUTE BETWEEN AL-MALIKI AND AL-SUDANI?- URGENT

Today, Thursday, the leader in the coordination framework, Sadiq Jaafar, confirmed that the list of ministers nominated for replacement includes 3 names, while he denied the existence of differences between Al-Sudani and Al-Maliki over this file.

Jaafar said in an interview with (Baghdad Today), that “some media outlets have recently published multiple reports about disagreements between the Prime Minister, Muhammad Shia’ al-Sudani, and the head of the State of Law coalition, Nuri al-Maliki, due to the imminent announcement of the first cabinet change,” pointing out that “what was published is inaccurate.” The truth is that al-Maliki is counting on the success of al-Sudani.

He added, “What distinguishes Al-Sudani’s expected changes is their reliance on a comprehensive performance evaluation form, and it contains an item for members of Parliament to put their observations, meaning that it is taking place according to a very transparent principle,” stressing that “any changes that will take place will not be in agreement with any political bloc, because there are pledges made.” Al-Sudani, from the moment the government was formed, stated that the leaders of the blocs would not interfere in any changes taking place in the cabinet.

He pointed out that “all political forces are aware that the success of the Sudanese government gives the political system a push forward in overcoming mistakes and building state institutions according to clear and democratic principles away from any crises or exclusion.”

He continued, “The changes may include 2-3 ministers as a first stage,” pointing out that “the lists presented in the media are inaccurate, and the Sudanese will announce the names soon to public opinion with the reasons for the change.”

According to earlier, Al-Sudani confirmed in televised statements that the process of changing ministers is a constitutional right for the prime minister exclusively and is not linked to the moods of political leaders, stressing that he is “determined to make changes and reject those who refuse.”

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AL-SUDANI’S FINANCIAL ADVISOR DETERMINES THE FATE OF IRAQI DEPOSITS IN US BANKS.. WHAT IS THEIR VALUE?

 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained today, Thursday, the fate of the reserves of the Central Bank of Iraq located in American banks, while determining the value of the “sovereign portfolio.”

In an interview with Al-Maalouma Agency, Salih said, “Diversifying the central bank’s reserves from various foreign currencies and various safe investment tools ensures its protection from legal and price risks,” stressing: “There is no pressure exerted on diversifying reserves.”

He added, “These reserves are usually invested in semi-liquid sovereign foreign debt instruments, such as remittances and treasury bonds managed by the governments of countries in the first industrialized world, especially debt instruments with high credit ratings and with appropriate interest, whether they are American, European, Japanese and Chinese.”

Al-Sudani’s financial advisor explained, “The investment portfolio of the Central Bank of Iraq (which includes the country’s foreign reserves of various currencies and gold) is managed according to the optimal global standard ratios, which are formed in the currencies of the dollar, the euro, the pound sterling, the Chinese yuan, the Japanese yen and gold.”

Regarding the value of the sovereign portfolio, Saleh stated that “these currencies are worth about $115 billion in total,” pointing out that “the US dollar invested in US bonds and transfers constitutes a weight of no less than 35-40% of those reserves, since dollar oil revenues are the basic origin of the reserves, and that the oil market is mainly a dollar market, since its inception before the First World War until now.

The Ministry of Oil announced, today, Thursday, the final statistics for the revenues of last March, while confirming that it amounted to more than 7 billion dollars.

And the revenues from oil exports and sales from Iraq to the rest of the countries go to the Federal Central Bank, which controls the form of Iraqi deposits, which causes popular and political anxiety as a result of Washington’s control of the hard currency.

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NEW PROCEDURES FROM THE CENTRAL BANK RELATED TO THE FOREIGN CURRENCY SALE WINDOW PLATFORM

 

Today, Sunday, the Central Bank of Iraq confirmed that the impact of growth was greatly reflected in the volume of requests, amounts, and banks participating in the foreign currency sale window platform, while indicating that government measures obligated the payment of wages and salaries of foreign workers in Iraqi dinars.  

And the Deputy Director General of the Investments Department at the Central Bank of Iraq, Muhammad Yunis, said in a statement to the official agency, which was followed by “The Insider”, that: “The growth helped reduce the gap between the official and parallel exchange rate, significantly during the past days.”  

Younes added, “The growth rate of the banks participating in this platform reached 155%, while the levels of demand rose from 42 requests per week, to about 1,280 requests.”    He explained: “This increase was accompanied by a significant increase in the volume of amounts for these requests, as it rose from approximately $44 million per week to more than $490 million per week, while the volume of executed amounts reached nearly 80%, and the 20% was It is caused by the delay in implementation, due to a lack of information or a request for additional information.

Yunus continued, “These amounts were distributed among a variety of commodities, the most important of which were foodstuffs, health, electrical and electronic appliances, construction materials, cars and their spare tools,” pointing out that, “despite the challenges and obstacles that accompanied the implementation of the new procedures, which suffer Including some banks and companies, as they represent a qualitative transition in the process of financing foreign trade, and in line with international norms and standards, but today they have reached very advanced stages.  

He pointed out that “the increase in the number of requests and the size of their development prompted the Central Bank to work to start new procedures that will contribute significantly to facilitating the transfer process, as the mechanism is based on strengthening the balances of banks that have accounts in solid foreign banks, for the purpose of meeting the requests of their customers in dollars, in addition to to other currencies such as (the euro) and (the Chinese yuan). 

And Younes stated, “The banks’ requests will be met faster and easier, given the reduction in the volume of transactions according to which the strengthening mechanism will be implemented in order to implement them,” stressing, “These measures are supported by the government’s approach and the Central Bank of Iraq’s direction towards enhancing confidence in the Iraqi dinar, the latest of which is the circular issued by the Secretariat.” The General Assembly of the Council of Ministers to all ministries, state institutions and the private sector, on the 18th of this month, by relying on the Iraqi dinar, and collecting taxes, government fees and insurance.

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US CONGRESSWOMAN CALLS FOR ACTIVATING THE AGREEMENT BETWEEN BAGHDAD AND ERBIL

Baghdad – Iraq Today:

A member of the US Congress called for the resumption of oil exports from the Kurdistan region of Iraq, pointing to the need to implement the agreement between Erbil and Baghdad on the re-export of oil from the Kurdistan region of Iraq, saying: “The agreement cannot be kept just ink on paper.”

US Congresswoman Eliza Slotkin said on the issue of re-exporting oil from the Kurdistan region of Iraq, and the concern of oil companies operating in the region, that “this issue has reached several times to Congress and the State Department, but the Iraqi constitution stipulates that the revenues must be shared.

“I will try to increase the U.S. government’s focus on Iraq, and put more pressure, to work from the ambassador and the State Department’s consul general on these issues and use their influence on Baghdad,” the U.S. official said.

Slutkin pointed to the existence of a dialogue between the President of the Kurdistan Regional Government of Iraq Masrour Barzani and Iraqi Prime Minister Mohammed Shia Sudani, noting: “They have to advance this agreement, it cannot be kept ink on paper.”

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MUQTADA AL-SADR CALLS ON HIS FOLLOWERS TO SIGN A BLOOD COVENANT OF LOYALTY

 

The leader of the Sadrist movement, Muqtada al-Sadr, called on his followers to sign a document that pledged blood for loyalty, and to follow in the footsteps of his father, the late Shiite cleric, Ayatollah Muhammad Muhammad Sadiq al-Sadr (he was assassinated with his two sons in 1999).

This call, accompanied by a document published by the so-called “Minister Leader” Muhammad Salih al-Iraqi, comes about two weeks after his decision to freeze the Sadrist movement for at least a year, in order to fight what he called the corrupt within the movement’s joints. This call comes against the background of the emergence of a group that called itself “the owners of the cause”, in which they claimed that Muqtada al-Sadr is the twelfth Shiite imam, the absent Mahdi.

Al-Sadr said – in a tweet before announcing that his Twitter account was closed until further notice – that the freeze excludes the activities of holding unified Friday prayers, and the Heritage Authority of the movement.

Al-Sadr had announced his retirement from political work in August 2022, after a sit-in by his supporters inside the Iraqi parliament, and acts of violence in the Green Zone.

Al-Sadr’s announcement of his retirement from political work came after a decision he had taken two months earlier, announcing the withdrawal of his parliamentary bloc (the Sadrist bloc), which won first place in the 2021 elections, with 73 seats.

According to the new document, which this time includes a commitment to blood, the Sadrists must “cooperate, discipline and centralize, and not unilaterally and disperse in signing the document, because there is a special party that will collect it to deliver it to Muqtada al-Sadr directly.”

The document that the Sadrists must sign states: “I am the Iraqi: I pledge between myself and my Lord not to deviate from the love of the two Sadrist martyrs, and to abide by the commandments and orders of those whom I followed, and not to follow from the beginning except those who were committed to their approach, and to adhere to the approach of the two Sadrist martyrs I followed, and to I am devoted to him in my world and the hereafter, and I do not forget him by supplication and Al-Fatihah in my prayers and in my life, and I return the favor to him in his offspring and his family, and I do not forget his commandments to stay away from falsehood and the people of falsehood; like infidel colonialism; the unjust resurrection; the accursed devil; And the claimant of deviant inner behavior, and that I disavow everyone among them (the Al-Sadr family), especially their son (Muqtada Al-Sadr), that he is the Imam Al-Mahdi, and that I boycott them, and stay away from them as the complete, healthy individual moves away from the mangy dog ​​and the clumsy deviant.

Al-Sadr added: “And I will not accept corruption, and I am committed to reform: reforming oneself before reforming others, and to reform my faith without diminishing or exaggerating in the doctrine of Ahl al-Bayt (PBUH), the saints and the righteous, and not to arouse sectarianism and its strife, nor to nationalism and its furnace, and to adhere to the love of the homeland, and not to belong.” To others, and to abide by the Sharia and stay away from reprehensible and taboos, and to reject and denounce every sin and not approach it, or do something forbidden against heavenly laws such as homosexuality and sexual impurities, and to remain with all my strength against normalization with the enemy, and not to be blown away by the winds of corruption, so that I am not like a blown palm tree Desires, lusts, and pleasures, and to protect myself as much as I can from disobedience, sins, and misdeeds, as my reference taught me, and my leader disciplined me.”

Al-Sadr also called on his followers to love every Iraqi. The class, or their questioning of my reference or my leader and their activation of deviant ideas, or claiming to be Mahdism and all of them are innocent.

Although the document published by al-Sadr, and his followers began to sign it in preparation for sending it without knowing the next decision, according to political observers, breaking al-Sadr paves the way for his decision to freeze the movement for a year and replace it with a document of blood, to return to political life again.

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Proverbs 11:24

One person gives freely, yet gains even more; another withholds unduly, but comes to poverty.

More news….

FOREIGN CURRENCY RESERVES ARE HIGH AND SAFE AND AT COMFORTABLE LEVELS  

Baghdad – Mawazine News
The financial adviser to Prime Minister Mazhar Mohammed Saleh confirmed on Tuesday that foreign currency reserves are high and safe and at comfortable levels, while pointing out that the value of treasury transfers is currently estimated at about 46 trillion dinars.

Saleh said, “The Central Bank currently holds, through secondary market operations, about 64 percent of the total internal public debt, which are government debt instruments in the form of bonds and treasury transfers (that is, they are government borrowing instruments that were deducted by local banks and are the primary holders of them before being deducted by the monetary authority), as banks, especially government banks, in different periods deducted their interest with the Central Bank and recovered their liquidity, and they carry an annual interest ranging between 2-3 percent, and today they are part of Assets or assets are integral to the balance sheet of the Central Bank of Iraq.”

He added that “the value of treasury transfers in the possession of the monetary authority is estimated at about 46 trillion dinars currently,” pointing out that “the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country’s financial history, which is not less than the balances (in foreign exchange and gold) between 110-115 billion dollars, and at the same time constitutes a ratio (coverage) of the issued monetary currency (according to the current exchange rate) by about 130 percent, which is high and honest coverage.”

(Al-Sudani has told use three times already in speeches that the dinar is worth more than the dollar. So why is it then still only trading at 1/6 of  penny?)

More news….

STATUS OF THE RV

As I publish the newsletter today, I just realized we are moving on to May already. WOW! Remember that the CBI told us months go to all businesses within Iraq that they must be compliant in electronic Point of Sale (POS) where feasible by June 1st. Heck…the CBI even purchased the electronic hardware for them and sent technical teams to help install the devices or give instructions on how to do it.

I also want to remind you that the 90 day agreement with the US Treasury made way back in February is for all practical purposed over also in a week.

What ramifications do each of these target dates have on the progress of the currency reform? Lots! Folks we are heading we are moving very quickly to the end of this long RV saga. I only hope you are prepared meaning though about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.  

‘Why did the Fed’s actions come in the Sudanese era?

Washington’s ambassador answers the question ‘Why did the Fed’s actions come in the Sudanese era? If you remember in one of my recent newsletters I asked this very same question – why now?

Why are the Fed’s actions now supporting the currency reform measures?

If you remember in my March 9, 2023 newsletter I presented an article to you. In this article it gave some reasons to answer this question. But we are not stupid or gullible either. We as investors read all the articles about the corruption the Iranian theft. So once again here is the article in its full contents. Maybe now it can make much more sense to you. Please pay particular attention to the last paragraph and I quote –  

“We started putting in place these controls almost two years ago and we trained officials and explained what needs to be done to get a clear understanding.” 

Let us think about this last statement from the article. So, what really happened before these two years, that it my real question I pose today.

To me, knowing the level of corruption that was taking place since 2004 (when the new currency was issued) for close to two decades, it could not have taken place without the US Treasury allowing it to occur. Get it?

Why did the Feds take so long?

So, saying that their efforts to help Iraq was ongoing for a couple years prior to 2023 is fine but what about the other 18 years? The question is really a rhetorical question. Because we know the answer even before we ask it. But let’s discuss it a bit anyway.

Define Rhetorical Question: a question asked in order to create a dramatic effect or to make a point rather than to get an answer. It most likely because we already know the answer.

Through the long period of being an investor and watching this closely with Iraq we are probably more knowledgeable than most on this subject matter of the RV, more than even many US government Congressman and Senators. We can see why it has been held up so long. I will not take back my statement when I say the delay was contributed mostly from lack of support from the US Govt and this lack of support was because they too had their proverbial hand in the cookie jar too. Folks there is no other reason.

Someone once told me that when they finish raping the woman of Iraq’s wealth and she’s about to die, then they will try to revive her. So, for decades it has been one big orgy, feasting on the flesh of the people of Iraq as they got poorer and poorer, and the conquerors got wealthier and wealthier. So now they must revive her or they will loose everything. That about sums it up in simple terms.

Again, we only need to compare the wealth and GDP growth of Iraq to other neighboring countries and we can clearly see that the dinar is being suppressed and this lie being told over and over again about a phony excuse of “having to rebuild their economy first” to thus raise the value of the dinar so it can someday reinstate is a total bunch of dogshit.

You know the kind shit that when you step in it and then realize something stinks. The smell follows you around. You got to rid off your shoes. Because if you don’t, it will travel everywhere, in your car, in your house, etc and it STINKS! Yes, corruption STINKS and we can clearly see how they have manipulated Iraq.

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WASHINGTON’S AMBASSADOR ANSWERS THE QUESTION ‘WHY DID THE FED’S ACTIONS COME IN THE SUDANESE ERA

Baghdad – Nas  

Washington’s ambassador to Iraq, Alina Romanowski, commented on the financial and banking situation in Iraq, while pointing out that there is a wrong understanding of some of the measures taken to combat money laundering.     

Romanowski said in an interview with colleague Samer Jawad affiliated with “NAS”, (March 8, 2023), that “Washington is not the party that sets and determines the exchange rate and the amount of dollars available in the Central Bank of Iraq, as this story has been greatly distorted by parties who do not understand the system.”  

“What happened is that these controls that were put in place against money laundering affected that, the transition to the secondary market and there was manipulation by those who collect dollars instead of dinars,” she said.  

The Ambassador answered the question, “Why have these procedures been applied now with the government of Sudan, exactly?” “This is another topic and a misunderstanding. “We have been working with the Central Bank of Iraq for many years to put these controls in place and the global banking system has increased its controls against money laundering.”  

“We started putting in place these controls almost two years ago and we trained officials and explained what needs to be done to get a clear understanding.”  

_______________________________________

ANOTHER NEW BANKING TOOL

So, in January we read about the new electronic platform used for the currency auctions and since then witnessed the launching of the de-dollarization process. Today, Thursday, the Central Bank of Iraq announced yet the launching of another electronic tool called the Banking Supervision Reporting System (BSRS). What will BSRS do to help keep corruption out of the banking system?

The new system will collect financial data from banks and non-bank financial institutions which will provide the Banking Control Department and the various departments of the bank with a clear vision of the financial position of these financial institutions. By using BSRS the system relies on the capabilities offered by modern technology in downloading and auditing data, in ways that enables the regulatory authorities to monitor the financial health of banks and non-bank financial institutions faster and more accurately. This way the CBI is enabling the banks and advising the banks to rectify potential risks within financial institutions before they become a problem.  

If you have been reading my Newsletter the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.

There is also an interesting article today in the articles section on the current proxy governor of the CBI Ali Alaq. I like this guy. 😊 He may look a little young but I assure you he is an experienced financial analyst and has training and tools to complete this currency reform project. I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back…. Remember with Iraq my motto is this – never say never, anything could happen. But there are also benchmarks too that when crossed there is no turning back. Alaq wants to ensure the success of this project and so it will be successful.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

So, we have seen once again how the democrat run administration is not for free speech or letting the people hear both sides of a narrative and then to decide for themselves. They think they have silenced Tucker Carlson but I believe he will only rise, yet stronger and more determined. I will say that God has even anointed him as warrior in the fight against our freedoms.

Sadly enough, some more dirt comes out on how the democrat run Biden administration is once again attempting to block investigations by Congress into the Hunter Biden corruption or should I say Biden family corruption. They know it will lead directly to the president and so they are once again protecting the crimes of this administration. Oh…but wait a second. Isn’t the FBI supposed to be a neutral domestic law enforcement organization, fighting crime mostly when it crosses state lines and meets other special conditions for the Feds to get involved. The FBI helps the states solve crimes. It’s not supposed to be a politicized weapon against political opponents. But remember Senator Grassy is a democrat, so we see that even Biden’s own party is getting discussed with his corruption. I think that after watching this video you too may be sick to your stomach.

This interference put chills down my spine and
you too should be grossly concerned

More news….

How to pray the Rosaries

Our RV / Reinstatement Prayer

Prophet Julie Green
It may get worse before it gets better but God will restore the country

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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

Articles Begin

WHY ARE WE REASSURED WITH ALI ALAQ?

Of course, this question may be controversial, and is open to many reasons and intertwined issues, some of which are known by specialists, and those familiar with the ins and outs of domestic and international monetary policies. The work of a giant institution such as the Central Bank of Iraq, meaning (citizen), is the last and first link in the hierarchical arrangement, which is affected by monetary policies and their fluctuations.

Everyone knows that the society is made up of three classes, the first is the upper, or the rich, on whose sky the monetary storming does not appear in an effective way, and the remaining two classes, the middle and the poor, and they are the most affected by the depressions in monetary exchanges, and they are the ones that necessarily target them, i.e. Economic or monetary reform processes, as they are unable to confront the markets without the support of the state, and without the central banks employing their capabilities and expertise, in order to ward off the damage to these social classes that need protectionist measures, so to speak.

In this very simplified understanding, we saw that the philosophy and management of Mr. Ali Mohsen Al-Alaq, of the Central Bank of Iraq, took into account this aspect, and even credited him with the pioneering initiatives that the man launched during his tenure in office for the first time, such as real estate loan projects and medium and simple investment opportunities , and social development projects and other projects that greatly contributed to reducing the level of extreme poverty, and promoted many classes to material stability.

Today, the relationship returns to new reform measures, and it leads to difficult monetary reform, but it is not impossible. It faced the dollar crisis with courage and great responsibility, and we are now witnessing the final chapter of it, and we are preparing for a clear and promising stability during the coming period, and there is optimism and hope in the street. Iraq achieved a quantum leap in sustainable development, and the success of the government’s efforts to translate its future projects into reality.

Returning to our first question, and we believe, after the foregoing, that the answer is based on a practical basis, not prior bias, nor an attempt to jump over the open air, but work speaks, and the results are now being touched by us, the general public, before economists do, so we say we are reassured With the leadership of Mr. Ali Al-Alaq of the Central Bank of Iraq.

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THE CENTRAL BANK HERALDS A “RECOVERY” OF THE DINAR AGAINST THE DOLLAR SOON

 

The Iraqi Central Bank advisor, Ihsan Al-Shammari, confirmed, on Wednesday, that the Iraqi dinar will soon witness a “more recovery” and return to its official price, or close to it.
 
Al-Shammari said, “We will witness a recovery in the dinar through the procedures of the Central Bank of Iraq and the government’s measures to support the dinar and reach the official exchange rate, through the package of measures launched by the central bank to improve the performance of the currency selling window on the one hand, and the great cooperation between the government and the central bank in obligating government companies and institutions.” By selling its services in Iraqi dinars at the official price, after it used to force the public to sell in dollars, and the public is forced to request dollars through the window and outside the window to obtain dollars for the purpose of its requirements.
 
Al-Shammari added, in a statement to “Rudaw” and followed by “Al-Iqtisad News”, that “the public can now pay services in Iraqi dinars at the official rate,” adding that “the Iraqi dinar will soon return to stability and its normal status, and close to its official price, which is 1320 dinars per dollar.” “.
 
Al-Shammari attributed the improvement in the value of the Iraqi dinar to “improving the performance of the currency sale window, to meet the requirements of foreign trade through the electronic platform, which ensures that merchants obtain dollars to meet their requirements and supply goods to the country, instead of resorting to companies, money changers and speculators to obtain US dollars.” 

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DOES IRQ EVEN KNOW THEMSELVES WHAT THE RATE OF THE DINAR REALLY IS?

Know wonder why people are so confused about the current rate of the dinar. For instance, here are couple articles that came out just recently.  This proves once again the rate if on a closely managed float and no longer pegged to the dollar. Rates range from a new parallel market rate of 1388 to 1420

Article #1:

Baghdad – Iraq Today:

Today, Tuesday, Iraq Today publishes the exchange rates of the dollar against the Iraqi dinar in the markets.

The prices were as follows:

– Selling prices are 142.000 dinars per 100 dollars.

– Purchase prices 141.000 dinars per 100 dollars

Article #2:

Baghdad – NAS  

NAS publishes the dollar exchange rates on the Baghdad Stock Exchange on Wednesday afternoon (April 26, 2023), according to specialists.   

Baghdad – Stock Exchange:  

140,950  

Approximate price in banks:  

140,500  

141,500   

The exchange prices this morning were as follows:   

Baghdad – Stock Exchange:   

140,300      

Approximate price in banking   

139,000    

141,000    

Yesterday, the dollar exchange rates at the close on the Baghdad Stock Exchange witnessed a new low, as the exchange rate of $ 100 in most markets reached 138800,<> dinars.   

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ECONOMIST: THE PARALLEL DOLLAR WILL TOUCH ITS OFFICIAL RATE AFTER THE BUDGET IS APPROVED

Economic expert Bassem Antoine confirmed today, Wednesday, that the exchange of the US dollar against the Iraqi dinar will touch its official rate after the approval of the budget, while he indicated that the fifth column exploited the dollar file over the past months.

Antoine said in a statement, to Al-Maaloumah Agency, that “the government’s and central bank’s measures contributed to stopping the process of the dollar’s rise, in addition to providing it in the local market through the electronic platform system, and obliging all licensed banks and exchange companies to work accordingly.”

He added, “The fifth column team took advantage of the dollar’s rise during the last period, as it was rumored that the exchange rate of one hundred US dollars would reach 200,000 Iraqi dinars.”

Antoine pointed out, “The government and the Central Bank of Iraq’s rapid and deliberate measures, by providing foodstuffs and launching the electronic platform system for selling the dollar, prevented its further rise and contributed to its gradual decline during the past two days.”

Today, Wednesday, the exchange rates of the dollar against the dinar witnessed stability at the dollar exchange rates in the local markets in all the country’s governorates, as the selling price reached 141,000 dinars per 100 dollars, while the purchase prices reached 139,000 dinars per 100 dollars, in the capital, Baghdad.

(I quote from this article: “Iraqi dinar will touch its official rate after the approval of the budget”. This statement makes absolutely no sense unless they plan to artificially, once again, manipulate the “official rate” of the dinar to meet the goals, now of the budget. I don’t know about you but they will never have a stable dinar if they think this is the way of doing it.

Or are they just using the time it will take to finalize the budget thinking they will have the rate in the markets where they need to have it to match what they need for the budget? )

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ECONOMIST: IRAQ’S ENTRY INTO THE SWIFT PLATFORM LED TO THE STABILITY OF THE MARKET AND PREVENTING CURRENCY SMUGGLING

Earth News / Economist Alaa Al-Fahd, on Tuesday, said that Iraq’s entry into the Swift platform led to the stability of the market and prevented the smuggling of currency abroad.


Al-Fahd said, in an interview with Earth News, that “monetary policy in Iraq seeks to find stability in the exchange and currency price market, and this has a great impact to reduce cases of corruption and currency smuggling abroad.”


He added that “Iraq’s entry into the SWIFT foreign transfer platform list has a positive impact on Iraq, which has led to the stability of the market on the one hand and preventing smuggling on the other.”
He pointed out that “this will reflect its positives on the development of the Iraqi economy and the expected recovery situation as a result of the implementation of this system, which will reduce the smuggling of the dollar currency to other countries.”


He added that “currencies were up to three countries whose trade depends directly on Iraq and the implementation of this system will reduce smuggling cases and this will reflect positively on the stability of market prices in the future in Iraq.”

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

THE CENTRAL BANK OF IRAQ LAUNCHES THE BANKING SUPERVISION REPORTING SYSTEM (BSRS)

  

Today, Thursday, the Central Bank of Iraq announced the launch of the Banking Supervision Reporting System (BSRS),  

And the bank stated in a statement that “NAS” received a copy of it, (April 27, 2023), that “the new system will collect financial data from banks and non-bank financial institutions represented by (banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-bank financial institutions.” , liquidity and capital adequacy tables, and financial inclusion data), as well as the permanent record data for each bank or non-banking financial institution approved by this bank, and the standardization of the database of codes for these banks, companies and their branches.  

The bank stated that “the system provides the Banking Control Department and the various departments of the bank with a clear vision of the financial position of financial institutions by relying on the capabilities offered by modern technology in downloading and auditing data, in a way that enables the regulatory authorities to monitor the financial health of banks and non-bank financial institutions faster and more accurately.” And enabling the bank to rectify potential risks within financial institutions.  

He continued, “The launch of the Banking Supervision Reporting System (BSRS) comes in implementation of the strategic goals set by the Central Bank of Iraq in developing institutional performance, upgrading banking control tools, and reducing risks through the adoption of regulatory techniques and automation of activities and functions undertaken by the Central Bank and its departments to regulate the work of the Iraqi banking sector.” 

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

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

Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

James 1:5


But if any of you lacks wisdom, let him ask of God, who gives to all generously and without reproach, and it will be given to him.

More news….

THE DOLLAR DROPS BY ABOUT A THOUSAND DINARS IN THE REGION’S MARKETS COMPARED TO ITS PRICE BEFORE EID

Baghdad – NAS   

The exchange rate of the US dollar against the Iraqi dinar fell in the markets of the Kurdistan region, Sunday, by about a thousand dinars compared to its price before Eid al-Fitr, according to the monitoring of specialists.      

The exchange rate of the dollar against the Iraqi dinar was 142,800 dinars against 100 dollars.  

More news….

A NEW PARLIAMENTARY TALK REGARDING THE DATE OF PASSING THE BUDGET

A member of the Parliamentary Finance Committee, Jamal Cougar, said that the maximum date for approving the budget should be before the end of next month.

Cougar stated, in a statement followed by “Al-Iqtisad News”, that “until now it is not clear when the budget will be approved,” noting that “the matter depends on discussions and discussions with the competent authorities.”

Cougar added, “The maximum date for voting on the budget must be before the end of May.”

More news….

STATUS OF THE RV

Today is short newsletter. There was not much NEW important news from Iraq. As you know I like to limit the news as it pertains directly to the RV or Reinstatement.

As usual many of these self-proclaimed, so-called intel gurus are telling you “its all done”. It is not all done and I can assure of this. Those that tell you this do not know what they are talking about. What is all done? Because I am not aware of it and I am following this revaluation/reinstatement very closely.

I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses. However, many still don’t know the plan nor wish to study it. Instead, they would rather spread rumors and lies about their every day / any day roller coaster madness.

So where are we in the 2011 plan? How close are we?

We are VERY close. We could see the reinstatement before June or shortly afterwards. We must also go back and look at the 2011 plan. It is a “transitional” plan to get off the US dollar and to use the national currency of the dinar. This is really all it is. So how do they do that? We have witnessed this taking place these last three months with the three packages of reforms.

Iraq has wanted to do this plan since 2013 but with all the corruption they could not get approval of the US Treasury to support it. This is ironic too because much of the corruption was actually fostered by the US. I cannot tell you exactly what has since changed or why it has suddenly changed to make the US Treasury all of a sudden chose to go along with the 2011 plan and now how it fully supports the 2011 plan in 2023.   

From Iraq, we witnessed the de-pegging from the dollar and then the implementation of the three sets of reforms. These reforms were all about transitioning from the dollar- based economy to the dinar- based economy. As part of the 2011 plan told us they would have to adjust for inflation and closely monitor the official rate of the dinar to the parallel market rate. Way back in 2011 they told us this part would be the lengthy part and could take 3 days, 3 weeks or even 3 months or longer. If you noticed from the articles they are always concentrating on “stability”. They implement a set of reforms, then step back and monitor the economy for inflation. They have implementing these reforms SLOWLY so as to not crash the economy either. So far they have been doing this for just about 3 months and so they are also telling us now they are ready for the next phase of the plan since the dinar is now stable. What is the next step of the plan?

The next phase of the plan is to change the nominal rate inside Iraq and issue the newer lower denominations and coins. I believe it will be around 1.50 dinar to the dollar.

I also tried to help my readers understand the connection between the oil and gas law and the budget and how these two laws connect with the reinstatement. Okay so let me explain it in simple terms. Iraq will have to pay for all their budgeted items and this budget is the largest ever. The revenue to pay for all these projects will come from the oil revenues. The oil is pumped mostly from the Kurdistan region. The Kurds of course will want their share of the revenues to support their own economy up north. This has been a point of controversy all along.

Kurdistan wants a higher percentage of oil revenues, however the GOI is telling them to stop the illegal selling of the oil through the backdoor on the unmonitored wells as this was additional income. Remember this is illegal, since the oil belongs to all Iraqis and the constitution clearly mandates that all revenue from oil sales must go into the general fund for the country. This is what the long negotiations have been all about to settle HCL. So they could not pass the budget either unless they had assurances that Kurdistan could and would back up the budget meet the financial goals of the budget with pumping the oil to do so. Now we are hearing these issues are resolved. We could see the budget passed within the next couple weeks, if not sooner.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

We all know that this “Build Back Better ” slogan comes directly from the globalist ideology and it really means to destroy your country first then for them to put in place measures to tightly control it. This is their way of building it back better. When they give us these catchy phrases we must stop and research them. If you do your research, you will find that every country where they tried this, it destroyed the country’s economy. Is this what they call “better” ? But this slogan is just another slogan from the hard leftist to get you to think they are going to help you make a difference when in reality they have no such plan. That things will be different and better doing it their way. Do you like “their” way from the last 2 years since Biden took office? Yes, this is the Build Back Better ideology being played out.

So today I bring you more on the Central Bank Digital Currency (CBDC) and how these fits in to their plan of total control. Quite frankly, I never, ever thought I would see such a far reaching control over all aspects of our lives by the federal government. Are we turning into a socialist, Marxist country? But they won’t stop here. This is just necessary to get the other part which is state owned everything. Also they expect you to pay on the 34 trillion deficit and having control over you money is really now their money and this makes it that much easier to do. Do you think they are setting the stage for  raiding you pension funds, 401K and savings to pay off this debt. Now also bear in mind that four huge spending packages were just passed during the two years of the Biden administration amounting to almost 6 trillion. Where in hell has all this money gone? Do know how much a trillion is? Take a billion times 999 +1. You voted for who? Oh… by the way much of the proceeds from your currency exchange is already on their radar for taxes or confiscation. They are planning as I write today’s newsletter.

According to the US constitution, each state has a right to mint their own gold or silver coins. In other words many states are going to use their own currency and not put their money in a federal reserve bank. Instead it will be a state owned enterprise that will run the trade. Folks like many other issues you must fight back before its too late.

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ANOTHER ONE BITES THE DUST

This sacking of Tucker Carlson really surprised me because I believe he was the most honest journalist around today. Actually it shouldn’t surprise me too much since they crooked, corrupt politicians are capable of anything.

A “threat to our democracy”? Really?

Really? Chuck Schumar the senate majority leader is very bold in making this claim since isn’t censoring journalist and free speech also a threat to our democracy? Seems Schumer does not care as long as you don’t interfere with their narratives. I guess he got his wish. Who did he have to bribe or threaten to get Tucker Carlson sacked? But we will see Tucker again and this time even stronger than before.

Now that they sacked him, they are replaying all his previous news clips on touchy subject matters the left does not want you to challenge. We he was exposing their conspiracies, however now that he is sacked, they are twisting these conspiracy episodes to smear him and turn his past honest news into lies. Wow! I can’t believe they would do this? Do you see how much control they have over the news media? This should shock everyone. Which of course Tucker was only doing his job as a responsible journalist. How many other journalist can make the same claim?

More news….

How to pray the Rosaries

This is why we pray the rosaries.

Plese take a few minutes to pray our RV prayer.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

DIYALA TRADE: MAY WILL WITNESS THE BREAKING OF THE PRICE BARRIER OF 140 TO SELL THE DOLLAR

The head of the Chambers of Commerce in Diyala, Muhammad Al-Tamimi, confirmed, on Monday, that May will witness the breaking of the price barrier of 140 in the parallel market for the sale of the US dollar.

Al-Tamimi said in an interview with Al-Maalouma, that “the parallel market for the exchange rate of the dollar lost 15% of its value in a few weeks, especially with the Central Bank’s measures to reduce demand for it,” noting that it succeeded in curbing its repeated rise and creating relative stability in prices.

He added, “Next May will witness another decline in the exchange rate of the parallel dollar, and it may break the barrier of 140,000 dinars for every $100, i.e. the price will be below 140 for the first months in months.

Before the Central Bank at the 1320 borders, it will not be impossible with the continuation of the slow decline, but it may happen within two months or less if dealing with the measures set by the Central Bank continues at their current rates. The parallel market for selling the dollar is of great importance, especially as it greatly affects the markets of Iraqi.

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IRAQ APPLIES TWO POLICIES TO SUPPORT THE IRAQI DINAR AGAINST FOREIGN CURRENCIES

 
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Monday, the implementation of two policies that supported the Iraqi dinar against foreign currencies, while revealing government measures that removed obstacles to foreign trade.

Salih said, “The monetary policy of the Central Bank of Iraq has proven that it has the ability and high flexibility in coordination with the supportive government policies in providing exceptional capabilities to impose stability on prices in general and the exchange rates of the Iraqi dinar against foreign currency in particular, which are related to import prices of goods and services.”

He added, “Based on the foregoing, achieving and maintaining stability came through two policies, the first: on the monetary policy side by facilitating external transfer procedures and the official exchange rate upon transfer and restricting dealing in foreign currency through legal channels, procedures and digital banking mechanisms.”

And he continued, “These channels and procedures are all characterized by disclosure and high governance across the national and international financial and banking system, in addition to the Iraqi banking system’s adaptation to the compliance and audit platform related to foreign transfers of foreign currency in a professional, legal and rapid manner without prejudice to the freedom of external transfer, which is now consistent with the laws.” And the national and international regulatory regulations, which were represented by the three CBI packages.

And he added, “As for the second, it is the general government policies, and it relates to what the Council of Ministers took during the past few period in terms of soft coordination measures in the customs, tax and trade fields in a harmonious syndrome that became more accurate after removing inherited bureaucratic obstacles in the movement of foreign trade, which gave stability and high flexibility in moving the activity.”

Small merchants to exercise their direct role in importing from outside the country by themselves, without the chains of intermediaries and previous monopolistic powers that the market has accumulated with its imbalances over the past forty years.

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

2 Corinthians 9:7

God loves a cheerful giver! This is a beautiful thought because of what Paul says (give cheerfully) and because of what he doesn’t say (give a certain amount).

More news….

More news….

STATUS OF THE RV

I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq. There are lots of rumors and lies from these so-called intel gurus and I find it very hard to believe that they can lie to their listeners so freely without remorse or guilt… and do it twice each week. If you really want to know what is going on in Iraq just tie into the news from Iraq. It is not too hard to do. The hard part is visiting all the news sites and downloading and translating the articles. Then having to make sense of just what they mean and the intent of them. You must also create an archive of data to refer back to in order to check and tie it all together.

I believe that perhaps Iraq has already moved beyond the point of no return and now has to progress forward to the end with the currency reform. Yes, the situation today is not the normal that we have witnessed in the last two decades. With everything that is going on around Iraq they simply can not stay on the program rate much longer and I am surprised they lasted this long. Remember that since January things are much different in Iraq. The tone is different and now very hopeful for the future. Even when I talk to my CBI contact the tone is different. People must have hope and hope can come in many forms. With us it’s the day we can go to the bank. For Iraqi citizens its realizing that the process is working and inflation is down. Their country is finally on the move to repair the war damaged country.

The Prime Minister, Muhammad Shia’ al-Sudani, pledged that the exchange rate of the US dollar would return to 1,320 dinars (this is what it was prior to the devaluation of 2020), and that the financial situation in Iraq would be at its “best”. He noted that all fluctuations in the price of the dollar were the result of the failure to implement the agreement signed between the government and the Central Bank with the US Federal Reserve in the previous stage (past decades), and the duration of the agreement was two years, and it ended on November 15, 2022, that is, less than a month after the current government assumed its duties. Remember this two year period was for the purpose of rebuilding the CBI reserves. Who influenced the price of oil to raise it so high so there would be surplus funds? Could it be the U.S. Biden energy policy reverting back to middle eastern oil? Just saying. We must see all the pieces to this puzzle. Nothing is coincidental. For the life of me I never, never thought that under Biden administration we had any chance of getting this RV. So something else is going to change too. Did  you listen to the Julie Green and Bo Polny conversation video from my 4/18 Newsletter? Maybe there is something to what Bo says. Just saying…. 😊

Then Al-Sudani continued, “We decided to adhere to the standards of the global banking system, and we began intensive reform procedures in the central bank. He also stressed that “the number of merchants using the electronic platform is increasing, and the parallel price has begun to decline already down to 1400 from 1500 as it is now approaching the official price of foreign currency, and will continue to decline.

A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. It is a slow decline but it is happening.

A PARLIAMENTARIAN REVEALS THE POINT OF DISAGREEMENT OVER THE BUDGET:

Al-Bazouni said in an interview with the agency / Information /, that “all national political blocs met to demand an increase in financial allocations for the petrodollar provinces, especially the center and south ones,” noting that the adoption of the general budget law in this formula is a continuation of the grievances of the southern provinces. Why shouldn’t the provinces that generate all the oil, thus revenues be given more? Will they have to do this also for the border provinces with the customs and tariffs? So opening this box could have ramifications in the future in other areas.

The High Representative for Foreign Affairs and Security Policy of the European Union, Josep Borrell, affirmed that Iraq is moving steadily towards stability, prosperity and development, moving away from conflict and violence. The European Union supports the ambitious reform agenda for Iraq and the fight against corruption, as it tries to provide better services to all Iraqis. We certainly welcome its first successes at home, including the progress made in the budget and the issue of gas and oil between Baghdad and Erbil, and its tendency towards reconciliation with all neighbors. It is all very good news. Iraq is on the right track.

Prophet Julie Green with Bo Polny
Timing of events

More news….

Why we pray

Please continue our rosary prayers. It is the Luminous mysteries today.

Why we pray.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

AL-SUDANI: OUR FINANCIAL SITUATION IS AT ITS BEST, AND THE IRAQI DINAR IS STRONG 

The Prime Minister, Muhammad Shia’ al-Sudani, pledged that the exchange rate of the US dollar would return to 1,320 dinars, and that the financial situation in Iraq would be at its best.

It is noteworthy that Al-Sudani assumed the presidency of the current government, on October 27, 2022, according to a political agreement paper, which resulted from the “State Administration” coalition, and about 6 months have passed since his government’s life.

Al-Sudani said, during an interview with a group of Iraqi television stations, followed by NRT Arabia, that “the tripartite budget means economic stability and a positive message for the private sector, and all international financial institutions advise that the private financial, social and economic situation of Iraq needs a medium-term budget.”

He added that “maintaining the continuity of the ration card, the growing need for fuel for power stations, and the entitlement of unpaid loans have led to deficit and inflation in the budget, and there are many treatments for it.”

Al-Sudani pointed out that “the provinces now have 8-9 trillion of allocations in the food security law, and the exchange rate did not exceed 10%, and in the budget there are 4.5 trillion between petro-dollars and the development of regions, and it is with the projects of the ministries that can cover the needs of the provinces during the remainder of this period.” Public”, Mizda said: “We must overcome a situation in which the budget is an opportunity for political blackmail or to put the interests of this or that party, as it is a budget for all Iraqis and the people and institutions await it.”

POLITICAL AGREEMENT

Regarding the political agreement paper, the Prime Minister said: “We respect the agreement that produced the State Administration Coalition, contributed to political stability and resulted in a political agreement with general principles voted on by the House of Representatives, and it represents an incubator for this government.”

Al-Sudani refuted the existence of any differences in the State Administration Coalition, as far as they are views related to the budget or the principle of partnership, and partnership outside the scope of the constitution is unacceptable, he said.

He noted that “the total percentage of the Kurdistan Region’s allocations in the budget remains constant, which is 12.67, and has not been changed,” stressing that “the agreement of April 4 with the Kurdistan Regional Government is important, and regulates the relationship that the government contributed to organizing through the contents that it put in the tripartite budget project “.

Al-Sudani said, “The loss of revenues of 475,000 barrels per day is a large number, and the damage will befall everyone,” adding, “Within a few days, we will go to sign contracts between SOMO and oil companies, and the Turkish side will be notified of the resumption of exports from Kurdistan.”

And the Prime Minister renewed his assertion that “the duty of the federal government is to pay the salaries of employees, whether they are in the region or any governorate, and it is not honored, and this is what the Council of Ministers is working on.”

Dollar and dinar

Regarding the exchange rate, Al-Sudani stated, “There is cooperation between the Kurdistan Regional Government and the Central Bank, in order to have branches in the region, for the purpose of providing foreign currency to merchants present and working there, as well as to citizens, according to controls and activities.”

He noted that “all fluctuations in the price of the dollar were the result of the failure to implement the agreement signed between the government and the Central Bank with the US Federal Reserve in the previous stage, and the duration of the agreement was two years, and it ended on November 15, 2022, that is, less than a month after the current government assumed its duties.”

He continued, “We decided to adhere to the standards of the global banking system, and we began intensive procedures in the central bank, the government and the private sector, and our concern was to maintain food prices.”

And Al-Sudani stated, “With the passage of time, the process of complying with banking standards increased, and all merchants began to enter the electronic platform, and the government helped them obtain foreign currency at the official rate instead of relying on illegal trade.”

He stressed that “the number of merchants using the electronic platform is increasing, and the parallel price has begun to decline, approaching the official price of foreign currency, and will continue to decline,” adding, “The Iraqi dinar is strong, and our financial situation is in its best condition.”

And Al-Sudani continued: We have confidence in our Iraqi currency, and our procedures are moving in the right direction, and in every session of the Council of Ministers there is a decision or procedure towards economic reforms and improving the investment environment,” stressing that “the exchange rate will return to 1320 dinars to one dollar.”

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AL-SUDANI: THE DOLLAR WILL DROP TO 1,320 DINARS, AND THE KURDISTAN REGION WAS THE MAIN PORT FOR SMUGGLING IT

  

Prime Minister Muhammad Shia al-Sudani announced, on Tuesday, the existence of neglect of housing units, slums and the road network in the capital, Baghdad, while indicating that the exchange rate of the dollar will decrease to the official price of 1,320 dinars.  

Al-Sudani said in an interview with a group of Iraqi TV stations, which was transmitted by the official agency, followed by “NAS”, (April 18, 2023), “All businesses and projects depend on the government’s seriousness in implementing its declared programs and goals.”  

And he added, “One piece of land in Sadr City has 3 housing units,” noting that “the Sadr City housing project will be implemented soon.”  

He continued, “We have laid the correct foundations for the Sadr City project, and we are serious about implementing it, and it is a solution to many problems.”  

And between, “There is a neglect of housing and slums and the road network in the capital, Baghdad,” noting that “there is a group of residential cities that will be completed successively, according to administrative procedures.”  

He pointed out that “the origin of the tripartite budget came in accordance with Financial Management Law No. 6 of 2019.”  

He added, “Every year we reach the eleventh month, the ministries are paralyzed due to the lack of a budget,” noting, “Every year, the state loses 6 months due to the lack of a budget.”  

And he stated, “The tripartite budget includes a vision and all our priorities are included in it,” pointing out that “there are 3 activities in the budget to combat poverty, which are the expansion of inclusion, the improvement of the ration card items, and the granting of cash subsidies to pupils and students from the children of those covered by social protection.”  

He said, “The budget also includes a fund to support the poorest regions, according to the indicators of the Ministry of Labor,” noting, “It is not possible to rely solely on oil revenues, and our revenues must be improved.”  

“We import gas and electricity annually at 10 trillion,” he stressed.  

Al-Sudani continued, “Our trade is distorted due to money laundering and smuggling, in addition to the lack of reliability in the banking system,” noting that “the number of merchants who started registering on the electronic platform has increased.”  

He stressed, “The exchange rate of the dollar against the dinar will decrease to reach its official price of 1,320 dinars,” noting that “the Iraqi dinar is strong and the financial situation is at its best,” stressing, “There are measures against speculative merchants.”  

The Prime Minister said: “The Kurdistan region was the main outlet for smuggling the dollar.”  

He pointed out, “The State Administration Coalition represents the incubator for this government,” noting, “There is no such thing as disagreements, but there are views on the budget or the principle of partnership, and partnership outside the framework of the constitution is unacceptable.”  

And he indicated that “the government is the party most adherent to the implementation of the political agreement,” noting that “the government’s commitment to the political framework represented by the coalition to administer the state is a moral and national commitment, and extending outside the political agreement is unacceptable.”  

He added, “Some partners believe that the prime minister cannot take a decision in accordance with his powers except with the advice of political forces, and this is not true.

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UNDER THE LEADERSHIP OF HIS GOVERNOR, ALI AL-ALAQ, THE CENTRAL BANK OF IRAQ LAUNCHES A NEW REFORM PACKAGE

 
The Central Bank confirmed that the reform package is a major shift for the organized economy, while indicating that dealing in the Iraqi dinar will extend to the private sector.

“The government supported the reform package launched by the Central Bank,” said the bank’s advisor, Ihsan Shamran, in a statement to the official agency, noting that “there is great harmony between the financial authority and the government.”

(They are just talking about the 3 prior reform packages implemented by the CBI so far. Don’t get excited. There is no new reform package, only cheching on the success of the ones already implemented. Can they fine tune them? In later articles they talk more about the 3rd package of reforms that was already rolled out last week. )

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CENTRAL BANK: DEALING IN DINARS WILL BE EXTENDED TO CAR, FURNITURE AND ELECTRICAL SHOWROOMS SOON

 

Today, Tuesday, the Central Bank confirmed that the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector.    And the bank’s advisor, Ihsan Shamran, said in a statement to the official agency, followed by “Al-Mutala”, that: “The government supported the reform package launched by the Central Bank,” noting that “there is a great harmony between the financial authority and the government.”

He added, “Countries whose legal systems are good have an excellent economy because they do not deal in dollars,” noting that “companies and government institutions responded, including Iraqi Airways, by relying on the strength of the Iraqi dinar, regardless of the exchange rate.”

And he continued, “The public began to deal in the Iraqi dinar as a national currency,” explaining, “This will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar.” And he stated, “This is considered a real step and a big shift for the organized economy,” explaining, “The real value of the dinar that exists now is more than one and a half dinars, because the bank’s reserves are very high and therefore the national currency cover is high.”

And he stated, “Iraq’s economic interface is the central bank, which takes corrective steps, the most important of which is the platform that transformed foreign trade in Iraq into real trade, after the relationship between the dollar that exits the country and the commodities was disconnected between them,” pointing out that “through the platform All these matters have been seized, including the dollar that is sold by the central bank to the bank and then to the public, and the public asks the bank to transfer it to the merchant who exports the commodity to Iraq. It has been seized and has become clear.

He pointed out, “Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and financing terrorism,” explaining that “we have exited the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work.

(This is old news. They already told us about this last week. Remember? This was in the 3rd package of reforms.)

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CENTRAL BANK: CAR SHOWROOMS WILL DEAL IN IRAQI DINARS

The Central Bank confirmed, on Tuesday, that the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector.

The bank’s advisor, Ihsan Shamran, told the official news agency, “The government supported the reform package launched by the Central Bank,” noting that “there is great harmony between the financial authority and the government.”

And he considered, “Countries whose legal systems are good have an excellent economy because they do not deal in dollars,” noting that “companies and government institutions responded, including Iraqi Airways, by relying on the strength of the Iraqi dinar, regardless of the exchange rate.”

He pointed out that “the public began to deal with the Iraqi dinar as a national currency,” explaining that “this will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar.”

And he went on to say, “This is considered a real step and a big shift for the organized economy,” explaining that “the real value of the dinar that exists now is more than one and a half dinars, because the bank’s reserves are very high, and therefore the national currency cover is high.”

He continued, “Iraq’s economic interface is the central bank, which takes corrective steps, the most important of which is the platform that transformed foreign trade in Iraq into real trade, after the relationship between the dollar that exits the country and commodities was severed between them,” adding: “Through the platform, all These matters were seized, including the dollar that is sold by the central bank to the bank and then to the public, and the public asks the bank to transfer it to the merchant who exports the commodity to Iraq. It has been seized and has become clear.


He added, “Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work.”

(Again this is old news. They already told us about this last week. Remember? This was in the 3rd package of reforms.)

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GOVERNMENT ADVISOR: THE PARALLEL DOLLAR WILL APPROACH THE OFFICIAL RATE WITHIN DAYS

  

A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side.  

According to local stock exchanges, the parallel market exchange rate for yesterday was 1440 dinars to one dollar.  

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said, “The elaborate measures taken by monetary policy in Iraq have become clear at the present time.”  

Saleh added, “The price turmoil of the dollar began since the adoption of the electronic platform to pre-check remittances.” He pointed out that “remittances constitute 80% of the demand for foreign currency,” noting that “the level of sale ranged between 180 to 200 million dollars.”  

Salih stressed that “Iraqi banks have adapted today by complying with the electronic platform,” noting that “transfers have become easy.”  

He believes, “The market has begun to absorb the accumulation of demand that has not been implemented during the past four months,” noting that “this absorption leads to the exchange rate in the parallel market being brought closer to the official rate.”  

And Saleh stressed, “The visit of the Central Bank Governor Ali Al-Alaq to Washington witnessed the agreement to conduct some transfers through the platform, but in a more flexible manner.”  

It is expected that “the exchange rate in the parallel market will approach the official exchange rate within 10 days, and more quickly.” Saleh stressed, “The difference between the official price and the parallel market was 20 points, and it has decreased today to less than nine points, and it will reach five points in the coming days, while the normal difference required is only two points.”  

Waad, “The government’s measures are a success in controlling money, its flow, its transparency, and its governance in the interest of the Iraqi and international economy at the same time.”  

And Saleh indicated that “the Iraqi economy is strong and has large resources that qualify it to stand in front of foreign currencies if there is a correct economic and monetary policy and political, economic and security stability,” expressing optimism that “the Iraqi economy will stabilize, which will be reflected in the rise of the dinar against foreign currencies.”  

For his part, a member of the Parliamentary Finance Committee, Jamal Cougar, stated that “the rise that occurred in the past months in the exchange rate of the dollar is due to the procedures of the US Federal Bank regarding the currency auction.”  

And Cougar continued, “The number of participants in the currency auction reaches 42 banks, and seven major banks have been excluded, and a large part of them has its share of the currency auction.”  

He pointed out, “Iraq has suffered during the past period from presenting forged invoices from some banks participating in the currency auction.”  

And between Cougar, “the exclusion of some banks and the confirmation of the authenticity of the bills tighten the screws on illegal operations.”  

He stressed, “These measures led to a scarcity of the dollar in the markets, and we are facing a shortage,” noting that “full control over the exchange rate of the dollar in the parallel market can only be achieved by obligating all banks to follow the electronic window system.”  

He finds, “The measures taken by the Central Bank over the past period to control the exchange rate are good, but not sufficient in order to reach official levels in the parallel market.”  

Cougar concluded, “Parliament is following up on what the executive authorities are working on to control the parallel market and prevent a new rise in the exchange rate.”  

It is noteworthy that the market for the parallel exchange rate to the dollar has witnessed great leaps and has sometimes exceeded 1,700 dinars for one dollar, while the government decided to reduce the official rate to 1,300 dollars, and it has adopted this in the draft budget currently before the House of Representatives.  

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A PARLIAMENTARIAN REVEALS THE POINT OF DISAGREEMENT OVER THE BUDGET. WHAT IS THE RELATIONSHIP BETWEEN THE PETRODOLLAR GOVERNORATES

Information / Special.

The MP for the State of Law Coalition, Asaad Al-Bazouni, on Tuesday, the approval of the general budget law in this formula is a continuation of the grievances of the southern governorates, adding that the benefits that will be paid according to the budget. Paragraphs to the petrodollar governorates are very few and do not rise to the productivity they achieve annually.

Al-Bazouni said in an interview with the agency / Information /, that “all national political blocs met to demand an increase in financial allocations for the petrodollar provinces, especially the center and south ones,” noting that “the adoption of the general budget law in this formula is a continuation of the grievances of the southern provinces.”

And he added, “The entitlements that will be paid according to the paragraphs of the budget to the petrodollar provinces are very few compared to the financial allocations for the Kurdistan region and the actual entitlement to it,” pointing out that “the adjustment will be made according to the percentage of oil exports that will be issued from the provinces and not a single financial allocation.

A member of the House of Representatives, Karim Aliwi, had called in an interview with Al-Maalouma agency, “The government and parliament to work to do justice to the southern governorates in the 2023 draft budget, as they have been subjected to regional exclusion and marginalization over the past years.”

Objections rose during yesterday’s session, which was devoted to discussing the second reading of the draft general budget law, due to the lack of financial allocations for the petrodollar governorates, especially the southern ones, compared to the allocations of the Kurdistan region, calling for an amendment towards fairness to the central and southern governorates that were subjected to injustice during previous years. 

(This article is once again more proof that the budget is NOT completed ad passed. So why is Bruce from the Big Stupid call saying its all done for weeks now? This guy is a liar. Who is feeding him this false information? Does he just make it all up?)

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EUROPEAN UNION: IRAQ IS MOVING STEADILY TOWARDS STABILITY, PROSPERITY AND DEVELOPMENT

 

The High Representative for Foreign Affairs and Security Policy of the European Union, Josep Borrell, affirmed that Iraq is moving steadily towards stability, prosperity and development, moving away from conflict and violence.

Borrell said in a speech before the plenary session of the European Parliament, which was held yesterday, Tuesday, and was transmitted via the official website of the European Union’s Foreign Affairs Department a short while ago, that Iraq’s achievements are really impressive, starting from the regional defeat of the terrorist organization ISIS to holding free and fair elections in Iraq. October 2021 in which some members of the European Parliament had the opportunity to observe and supervise it.

Borrell added: “It is understood that important challenges remain, including in the field of human rights. Today, the European Union has the ambition to support more positive momentum in Iraq and in the entire Arab region, and after a year of political stalemate that followed the elections in Iraq, The EU quickly seized the opportunity to re-engage institutionally with the new government of Prime Minister Mohamed Shiaa Al-Sudani.

He continued, “The European Union supports the ambitious reform agenda for Iraq and the fight against corruption, as it tries to provide better services to all Iraqis. We certainly welcome its first successes at home, including the progress made in the budget and the issue of gas and oil between Baghdad and Erbil, and its tendency towards reconciliation with all neighbors.” .

The chief European diplomat finally affirmed that Brussels will continue to help Iraq deal with the remnants of its turbulent past, such as reintegrating 1.1 million internally displaced persons, dealing with returnees from al-Hol camp in northern Syria, or facing multiple challenges to its unity, sovereignty and territorial integrity.

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Articles End

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

Hi Everyone,

There is some very good news today.  

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

Going on 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Monthly Gifts: Yes, time has passed by us and mid-April is here. I want to heartfully thank everyone for your generosity over 2023 so far. Your gifts are well appreciated and needed. Please consider supporting the newsletter once again in 2023 at least until we see this RV.

Hebrews 13:16

And do not forget to do good and to share with others, for with such sacrifices God is pleased.

THE NEWSLETTER IS THE ALTERNATIVE TO ALL THE HYPE AND BULLSHIT OUT THERE ABOUT THE RV. WE DEAL IN FACTS ONLY, NO SPECULATION AND HYPE. IN FACT, MY EFFORTS HAVE CONTRIBUTED TO MANY OF THESE INTEL GURUS REALIZING THEIR MISTAKES AND ATTEMPTS TO CLEAN UP THEIR BULLSHIT.

If you have gifted already, as I can see many have recently…. a heart-felt Thank YOU!  However, there are many that can still reconsider helping out but only if you can afford it. It is a gift. I know we are all hurting these days with “Biden-flation” and all the other weird woke stuff going on. But please, please consider.  

The news about the Iraqi dinar RV only gets better and better. This recent  news is all what we have waiting for almost 2 decades. There is no other way to interpret this information than to take it for what it is.

Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. Really? Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?

The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C., This delegation held a series of meetings with a number of international financial and monetary institutions. The Minister of Finance Taif Sami Mohammed held a meeting with the Executive Director of the World Bank Mansour Al-Shamali, in the presence of the Governor of the Central Bank Ali Al-Alaq and his accompanying delegation, with the participation of the Director General of the Public Debt Department and Director General of the Iraqi Fund for Foreign Development, noting that the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform.

Then articles with headlines come out this week as and I quote-The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister Muhammad Shia al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks.  What does this all mean? Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading.  

More news….

THE IRAQI DINAR CONTINUES TO MAKE GAINS AT THE EXPENSE OF THE US DOLLAR EXCHANGE RATE.

The local markets recorded this afternoon a slight and new decline for the dollar, as the purchase price reached 1440 dinars (144 thousand against 100 dollars), compared to 1450 dinars for sale (145 thousand per hundred dollars).

The Central Kifah Exchange in Baghdad was opened this morning at a price of 1451 dinars against the dollar, and in exchange shops recorded 1460 dinars for sale and 1440 dinars for purchase.

(Remember in my 04/11 Newsletter the rate of the dollar had dropped to 1480 from 1500 for the parallel street rate. Today they are telling us it is at about 1440-1450 dinars per dollar for the parallel rate upon taking a couple more reform measures. That is a significant drop in just a few days. They need it at or below 1132. This article is from Thursday.)

More news….

THE IRAQI PARLIAMENT BEGINS THE SECOND READING OF THE DRAFT BUDGET LAW

Shafaq News / The Iraqi Council of Representatives began, on Sunday evening, to hold its session under the chairmanship of Muhammad Al-Halbousi and in the presence of 198 deputies, which was devoted to the second reading of the draft federal budget law.

More news….

STABILITY OF THE DOLLAR EXCHANGE RATE IN LOCAL MARKET

Baghdad Today – Baghdad

The exchange rates of the dollar against the dinar on Tuesday recorded stability in the main stock exchange and exchange offices in the capital, Baghdad.

The correspondent of (Baghdad Today) said that “the Central Struggle Exchange in Baghdad recorded, this morning, an exchange rate of 144,300 dinars for every $ 100.”

“The selling prices of the dollar in exchange shops recorded 144,750 dinars, while the purchase prices recorded 143,750 dinars per 100 dinars,” he said.

More news….

AL-SUDANI, PLEDGED THAT THE EXCHANGE RATE OF THE US DOLLAR WILL RETURN TO 1320 DINARS

The Prime Minister, Mohammed Shiaa Al-Sudani, pledged that the exchange rate of the US dollar will return to 1320 dinars, and that the financial situation in Iraq will be at its best.

It is noteworthy that Al-Sudani assumed the presidency of the current government, on October 27, 2022, according to a political agreement paper, which resulted from the “State Administration” coalition, and the age of his government was about 6 months.

Al-Sudani said, during an interview with a group of Iraqi television stations, followed by NRT Arabia, that “the tripartite budget means economic stability and the positive message of the private sector, and all international financial institutions advise that the private financial, social and economic situation of Iraq needs a medium-term budget.”

More new….

STATUS OF THE RV

I first need to address some utterly foolish intel passed out on Tuesday night by this guy Bruce on his Big Stupid call. I can’t believe anyone would say this crap at this point in time. When I heard what they are telling their audience I could not believe how they are lying. The Iraqi dinar has NOT yet revalued to any level that we want to exchange or can sustain the newer lower denominations in their economy. Citizens are NOT exchanging at the banks in Iraq. These lower denominations are NOT yet in the ATMs as these banking machines must still be able to process the same 3 zero notes until the redenomination officially occurs. This has not yet happened and the GOI just told us they are sending April’s payroll to Kurdistan in the 3 zero denominations. Citizens will thus need to withdrawal cash from these ATMs. They will need the 3 zero notes. Get it?

And Bruce just so you know, the three year Iraqi budget is NOT yet passed in parliament and so they are not yet spending the money or have a definite rate for it. Anyhow Bruce should know that the rate is “flexible” anyhow in the budget and so any rate they start at could easily change according to the oil market. So he is full of shit on this topic too. Why does anyone even waist their time listening to this idiot?

Seems Susan, Bruce’s counterpart in crime, talks all holy about God and uses God in pretense in her lectures of the message of the bible but in reality, she has absolutely no regrets about lying to her listeners about so many things, including needing a business plan and telling them they will qualify for a better rate if you have a good one. I can assure you these plans are NOT required nor will anyone ask to see them at any bank or so-called redemption center. She is ripping people off for her advice on how to build one. Who cares? By the way, there is no such thing as a “redemption” center as we will be exchanging at the banks or bank sponsored exchange centers. Where in hell do they get off calling them redemption centers? How stupid! ☹ Why do they make this stuff up?

Meanwhile crinkle lips, Melanie Hinds continues on with her daily ranting and raving sessions while she sits on her furry chair and impolitely sips on her cup of morning Jack Daniels and coffee. Yes, she likes to brag on how wonderful and smart she is. Does she ever really tell you her full financial credentials?

Of course not, because she is not a savvy financial analysts as she claims, I can guarantee you of that just listening to her. But even if she was, she knows very little about the situation in Iraq nor bothers to research it to inform her audience. So, what is her YouTube site really all about? What is her game?

We find out in each YouTube presentation that she wants you to use her financial services just as Susan does from the Big Stupid Call. Oh…but her prices are outrageous, WOW!!! ☹ What do you get for the money from the self-proclaimed financial Ninja guru? Apparently, it’s the same old lies told by Susan only this time it’s crinkle lips Melanie. Yes, same old con job done pre-RV by so many people. I told you she likes to copycat everyone making the mulla $$$$. My advice, take your money and buy more currency and stay away from these people and the likes of them on the internet.

Internet Leach
Come to me suckers…. I want your money!
Just tap the bell…
tappity tap tap

People like Melanie, Bruce and Susan are the reasons why I started my newsletter.

_______________________________________

So much for these fake prophets. Let’s get to our real intel for today.

On Friday, the Central Bank of Iraq revealed the registration of a list of the names of complexes and companies that are not committed to the official exchange rate. The CBI stated in the article the dollar is a foreign currency used for international payments abroad, and the Iraqi dinar must have the main role in the economy, not the dollar. Do you believe now that Iraq is off the de facto peg? I had a lot of people question my information. This article from Friday proves once again the validity of my news. Just FACTS not opinions or rumors. Seems now the big push is to clean up any lose ends with the de-dollarizing process and prosecuting business that are not following the CBI reform procedures.

Al-Sudani: The dollar will drop to 1,320 dinars, and the Kurdistan region was the main port for smuggling it.

The CBI recently announced the push to emphasis that the Iraqi dinar is the national currency of Iraq and not the dollar. The public has began to deal with the Iraqi dinar as the “national currency,”  The CBI told us this is considered a real step and a big shift for the organized economy, explaining and I quote from the article – “that the real value of the dinar that exists now is more than one and a half dinars, because the bank’s reserves are very high and therefore the national currency cover is high”. What did this recent statement mean?

To me they are confirming that Al-Sudani told us about a month ago that the dinar is more valuable than the dollar. Now they are saying about 1.5 times are valuable or $1.50 dinar to $1.00 dollar. So when will they change the rate then in the street and in the CBI to finally reflect this true rate? Why are still suppressing it then?

The CBI has recently told us the currency reforms will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar.” And he stated, “This is considered a real step and a big shift for the organized economy. This tells me they need more time to make this shift to the dinar but it is happening.  

A government advisor confirmed, on Tuesday, yesterday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. I thought this was WOW! news. Remember I was told that they must get the parallel market for the dinar stable first and then they intended to try to get to 1,000 and then target the reinstatement.

You can see by the trading summary chart above taken on 04/19, that the Iraqi dinar is out pacing all other currencies as the EUR, JPY, GBP, AUD, CHF, etc. When you read the chart is it a good thing that these other currencies are dropping in relation to the dinar since this means the dinar is gaining strength over them. So I know the question in everyone’s mind how far will they go and whether we will have to wait for the dinar to slowly climb or will there be a big jump, a revalue like we have been told for 17 years?

I am being told now and have been told that the currency reform plan of 2011 calls for a rollout to FOREX of a rate that reflects its true rate based on the QFS. This means the true value is asset backed. I have already showed you the assets of Iraq and so the makeup is much greater than prior to the 1991 and 2003 gulf wars when they were trading at around $3+. Iraq can now almost fully back their currency with gold and this is only one of their valuable assets. Remember they are now pumping 2/3 more oil than in 1991 and have a record high reserves way over 115 billion. Also there is a huge potential for customs & tariffs revenue that could rival the oil revenues if handled and managed correctly. What does this tell you?

So, you can take all this data and use your brain. Think, think, think! I fully believe they will execute the currency reform plan of 2011 to the finish to the letter.

Also last Friday, in Baghdad – Mawazine News, the Parliamentary Finance Committee determined that the most prominent files to be discussed with Prime Minister Mohamed Shia Al-Sudani during the Saturday session, while revealing the possibility of 3 new amendments to the draft general budget 2023. A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, expected to start the second reading of the budget immediately after Eid Al-Fitr, pointing out that there will be amendments to it read at that time. These amendments should satisfy any oppositions to passing the budget. According to more recent news the second reading has begun. This may take a week to complete. There are still some political differences mainly stemming around the size of the deficit.

Do you feel it too?

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

Who Is Jack Teixeira?

Jack Teixeira, is a 21-year-old Massachusetts Air National Guardsman, and is the suspected leaker of classified Pentagon documents which detail the extent of the involvement of the U.S. in Ukrainian war with Russia. Is the U.S. really executing a “proxy” war with Russia under the guise of just helping Ukraine fight the Russians with supplying aid and weapons?

Unfortunately, he is going to be criminalized rather than made a hero

Let us take a deeper dive into this topic today and see what is really going on and if the government may be hiding something and lying to the American public about this war in the Ukraine. They have to minimize the damage just done by Jack Teixeira.

What we are being told on the surface is rarely the TRUTH.

To begin exposing the real conspiracy here, we must point out the real conspirator and it’s not some 21-year-old kid exposing sensitive government information. But rather it is the executive branch under Biden that has once again exceeded it powers. Now the government is trying desperately to cover it up.

So, why did the FBI wait so long to make public and arrest Jack Teixeira?

We know for a fact this sensitive information was on social media for over a month yet the FBI did nothing? Why? We know there are government paid internet and social media trolls and this is all they do is look for this kind of information. You mean to tell me it took them a month to find it?

I will tell you why it took so long. Actually, it didn’t take so long but they need to hold the information of the leak because they needed to first embed the distraction event into the public arena of the indictment of former president Trump. Then once this was firmly planted in everyone’s minds, they went ahead to arrest Jack Teixeira. It was time to go get him. We all know the indictment of Trump is a setup and a fake publicity stunt. Even if there was any merit in Trump’s  case this would be the wrong court to prosecute the case. Get it? Go figure! So, right from the get-go we know this indictment is a set up. But why? Is it just a distraction? But a distraction from what? Now we know.

They had to wait a month to get the Trump’s indictment distraction underway first. Do you understand? This corruption in Ukraine is so extensive with the involvement of the U.S. it will make any political scandal in the past look like a parking ticket and they know it. A war with the Russians without Congressional approval? Remember only Congress has the Constitutional power to declare war and then appropriate funding for it.

The Constitution’s Article I, Section 8 specifically lists as a power of Congress the power “to declare War,” which unquestionably gives the legislature the power to initiate hostilities. The extent to which this clause limits the President’s ability to use military force without Congress’s affirmative approval remains highly contested.

Most people agree, at minimum, that the Declare War Clause grants Congress an exclusive power. That is, Presidents cannot, on their own authority, declare war.

But the crime of the executive branch of government can only happen if it gets fully exposed and the American people realize the full extent of it. Yes, Congress did approve aid to Ukraine but we can clearly see it was aid and not money to fight a proxy war with Russia. The aid was given under false pretense. Heck there are even US military forces on the ground now in Ukraine. There are some grey areas in this U.S. War with Russia and so they will exploit these grey areas later when challenged on this corruption. They will try to lead the American people that it was all legal. I will let the video below speak for itself. It is a long video but I highly recommend that you watch all the way through to put the pieces together and connect the dots to what the government is attempting to hide from us in Ukraine.

Oh…don’t get me wrong I do not support anyone who steals sensitive government information that could potentially harm the security of the nation, however Joe Biden said himself that he is not worried about it. Why did he day this? He knows exactly what is in these documents as they now have them and will not share what is in them. What he meant by his statement is “they have the situation under control”. However, it does not take a brain surgeon to see what is going on here. Come’on folks!

Biden admits the leaked documents not a problem.

So, technically Jack Teixeira is a whistle blower on what is really going on in the Ukraine. They need to keep him silent. Why won’t the news media exploit this topic and run with it. Surely there is a very huge story here. But don’t be surprised if they lock him up for a very long time in a military prison (probably Fort Leavenworth, Kansas) since he is military. Any of his visitors will be censored as not to leak any information he has in his head from reading the classified documents.  

Basically, this is what they did in Communist Russia and Nazi Germany only they normally gave them a one-way ticket to a Siberian labor camp or Nazi labor camp. Oh…these camps are coming to America too if this rouge government is not stopped. They must silence all opposition. I am sorry if you may disagree, but I consider Jack Teixeira a national hero and not a criminal for his act of courage in exposing the TRUTH. What he did outweighs any crime.

You do want to know the TRUTH don’t you? Why won’t the news media do their job?

We can go a step deeper even, in this leaked information, as to look at the real reason behind this Russian war with Ukraine. Then who is giving this mandate to the US to use it’s military force to go after Russia and kick them out of Ukraine? Why do they need to be kicked out of the Ukraine?

Did the UN give unilateral permission by a vote of member nation consensus?  No, the UN did not. Then who is behind all this and why? To answer these questions this story can be explained in multiple parts.

First the U.S. under Biden, does not want a full out, declared war with Russia. Come sense tells us why. It seems the US will only pick on countries when it can win a war easily and roll over their so-called enemy whether real or fabricated. But Putin is not about to be “bullied” by the US either, so they have to make it a covert proxy war. Get it? But why the war in the first place? Did the US pulling out of Afghanistan have anything to do with the start of the war in the Ukraine? Let’s see if there is also a connection with it.

As part of the agreements made between the Soviet Union and the US in the 1980’s, under president Reagan to break up the Soviet Union ( the “wall” came down), these former Soviet Union satellite countries were NEVER supposed to be occupied by NATO forces or any outside military forces that could be aggressive towards Russia. This is all in the formal peace agreements and accords signed in the UN. Essentially this ended a long era of aggression over these countries still not freed since the end of WW2. These countries were to remain buffer countries around the former Soviet Union (now just Russia) and given back their sovereignty. But the Russian government still needs these buffer countries as a protection from aggressive actions. Only it no longer would occupy them as they did since the end of WW2. They were skeptical of the rise of this global shadow entity someday assuming too much power and eventually would want to dictate mandates and terms to Russia too by their global power. But Russia under Putin, like the US under Trump vowed to be two allies against this global power and to remain sovereign nations. So this is the first part of the problem.

The second part of the problem is that since the 1980’s agreement, NATO secretly has secretly positioned missiles within Ukraine aimed at Russia. Just like the US did not want Russian made missiles in Cuba facing the US shores, so Russia felt the same with all these former satellite countries. So, the recent FAKE news about deciding or not to send NATO forces into Ukraine is all lies. You see they were already there. You see, when Putin turned off the LNG from the Nord Stream pipeline to the European Union (EU) it was his reprisal from the occupation of these NATO weapons and troops. He stated they needed to be removed or he would attack and remove them.

So far, is this hard to understand?

Third, Putin then made good on his promises to attack. This was looked at as an act of aggression. To exploit this situation the CIA, through the US Navy seals, conducted a covert operation that blew up the NORD pipeline to the EU not Russia. This was done intentionally in an attempt to exacerbate the situation and get European Union (EU) support for the war against Russia. The US also needed publicity to emphasis the aid that they needed from the US Congress to conduct their proxy war.

In case you don’t know the Nord Stream is a network of offshore natural gas pipelines which run under the Baltic Sea from Russia to Germany to provide Western Europe with natural gas.

Forth, the Biden administration was advised not to conduct military operations on two fronts as the military enlistments are now strained and down (due to his mandated Covid vaccines and boaster shots). A simultaneous war with Russia and Afghanistan would be too costly and not acceptable by the US general public. Plus Biden, as do his liberal gang of followers, consider him a hero for pulling out of Afghanistan regardless of the cost.

______________________________________

JAW DROPPING MONEY FLOW FROM CHINA TO THE BIDEN FAMILY

(The Biden administration Razzle Dazzle game)

Folks this may seem unbelievable and a shock to your mind, but it is real and is happening.

I will let the videos speak for themselves. We all should be aware that the Biden family is dirty. I don’t care if you’re a Democrat or Republican this is wrong, and these people must be stopped and held accountable. There are laws against taking bribes from foreign countries to gain influence from your position of power. This is not a Republican or Democrat party witch hunt, but instead something that any democracy has to face and do something about it. What will be the outcome? Will it be the impeachment of Biden? So, please if you are a liberal don’t excuse Biden and his family for their crimes. I don’t want to hear it.

Child trafficing is not only being allowed by the Biden Admin
but he may be at the center of it.

__________________________________________________

The WEF transhumanism plan is underway – Phase 1 is Obvious now.

I already gave you evidence as to the real meaning of this trans movement and who is behind it all. I also presented firm information as to why they are doing this now. Seems like common sense to me and you not to expose children to this filth but apparently these adults on the school boards feel differently. Why is this?

Again…unbelievable stuff happening across our nation.
Who is instigating this stuff all of a sudden?
Who is really behind this LGBTQ…movement?
It is not about human rights.
Listen carefully.

More news….

Timing of Events

As many of you know I find it helpful to at least listen to the prophetic word. I am not gullible and believe everything I hear. I am presenting some of the many prophetic words from Julie Green today but remember she is also with Bo Polny who is not a prophet. Bo, however, does makes some sense in his timing of some of these future events. I know we are all waiting for God’s hand to strike down the wicked. So, just listen to this video and soak it in. Does it make sense to you? Do these timelines line up with what we hear from what is now happening in Iraq for this wealth transfer? You decide. How close are we?

Julie green with guest Bo Polny

More news….

How to pray the Rosaries

Seriously? You are stopping your prayers because you think this RV is all done and over?

I have to tell you that turning away from God at this point is one of the most foolish ideas you could possibly have. This is the most critical time of the war against us. Like a runner who is coming to the finish line after a 25 mile marathon this is the hardest part of the race. He can see the finish line but has to push now even harder to overrun his opponents still winning ahead of him. So, this is our moment too, to pray harder than ever. Just look at where we have come in this investment since January. Wow! We can clearly see that years of prayers have worked and God does hear us.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

AL-SUDANI: THE IRAQI DINAR WILL RISE AGAINST THE US DOLLAR IN THE NEXT FEW WEEKS

Today, Monday, Prime Minister Muhammad Shia al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks.  

Al-Sudani said, in press statements, followed by NRT Arabia, that: “The dinar will rise against the dollar in the next few weeks,” explaining that “oil exports from the Kurdistan region will resume this week, and oil buyers will sign a contract with SOMO today.”

Al-Sudani said, “A letter will be sent to the Turkish government to resume oil exports,” stressing that “providing the salaries of the Kurdistan Regional Government is the duty of the Iraqi government and we are committed to it.”   

Last March, the International Arbitration Court, based in the French capital, Paris, issued a decision stating that it was illegal for Turkey to export Kurdistan Region’s oil through the port of Ceyhan without referring to the federal government in Baghdad, and the International Court imposed large financial compensation on Turkey in favor of Iraq.

On (April 4, 2023) in Baghdad, an agreement was signed to resume the export of Kurdistan Region’s oil, in the presence of the President of the Kurdistan Regional Government, Masrour Barzani, and the Iraqi Prime Minister, Muhammad Shia’ al-Sudani.

After signing the agreement, Al-Sudani said, “Stopping oil exports causes severe damage to the total oil revenues for Iraq,” noting that the agreement reached to resume oil exports confirms Erbil and Baghdad’s desire to “face all problems and obstacles.”

Al-Sudani stressed that the agreement “will pave the way for the passage of the budget law and its provisions, which are also the outcome of a dialogue between the federal government and the Kurdistan Regional Government that dealt with all issues, including the oil and gas file.”

And estimated the volume of losses from stopping the export of oil from the Kurdistan Region during the past three weeks exceeded 500 million dollars.

(Look at the heading of this arcticle. I talks about the increase of the dinar over the dollar. But when you read the article is all about selling oil. So, from this article we can clearly see that the increase in the rate of the dinar against the dollar is connected to the budget and the oil and gas agreements. All I can say is “I told you so” to all you so-called intel gurus out there who are telling your listeners there is no connection. How can you say this? Oil is still almost 95 % of Iraq’s revenues. For stability in this direction the IMF has told Iraq it needs a budget and it has to pay its bills on time.) 

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GOVERNMENT ADVISOR: THE PARALLEL DOLLAR WILL APPROACH THE OFFICIAL RATE WITHIN DAYS

A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side.  

According to local stock exchanges, the parallel market exchange rate for yesterday was 1440 dinars to one dollar.  

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said, “The elaborate measures taken by monetary policy in Iraq have become clear at the present time.”  

Saleh added, “The price turmoil of the dollar began since the adoption of the electronic platform to pre-check remittances.” He pointed out that “remittances constitute 80% of the demand for foreign currency,” noting that “the level of sale ranged between 180 to 200 million dollars.”  

Salih stressed that “Iraqi banks have adapted today by complying with the electronic platform,” noting that “transfers have become easy.”  

He believes, “The market has begun to absorb the accumulation of demand that has not been implemented during the past four months,” noting that “this absorption leads to the exchange rate in the parallel market being brought closer to the official rate.”  

And Saleh stressed, “The visit of the Central Bank Governor Ali Al-Alaq to Washington witnessed the agreement to conduct some transfers through the platform, but in a more flexible manner.”  

It is expected that “the exchange rate in the parallel market will approach the official exchange rate within 10 days, and more quickly.” Saleh stressed, “The difference between the official price and the parallel market was 20 points, and it has decreased today to less than nine points, and it will reach five points in the coming days, while the normal difference required is only two points.”  

Waad, “The government’s measures are a success in controlling money, its flow, its transparency, and its governance in the interest of the Iraqi and international economy at the same time.”  

And Saleh indicated that “the Iraqi economy is strong and has large resources that qualify it to stand in front of foreign currencies if there is a correct economic and monetary policy and political, economic and security stability,” expressing optimism that “the Iraqi economy will stabilize, which will be reflected in the rise of the dinar against foreign currencies.”  

For his part, a member of the Parliamentary Finance Committee, Jamal Cougar, stated that “the rise that occurred in the past months in the exchange rate of the dollar is due to the procedures of the US Federal Bank regarding the currency auction.”  

And Cougar continued, “The number of participants in the currency auction reaches 42 banks, and seven major banks have been excluded, and a large part of them has its share of the currency auction.”  

He pointed out, “Iraq has suffered during the past period from presenting forged invoices from some banks participating in the currency auction.”  

And between Cougar, “the exclusion of some banks and the confirmation of the authenticity of the bills tighten the screws on illegal operations.”  

He stressed, “These measures led to a scarcity of the dollar in the markets, and we are facing a shortage,” noting that “full control over the exchange rate of the dollar in the parallel market can only be achieved by obligating all banks to follow the electronic window system.”  

He finds, “The measures taken by the Central Bank over the past period to control the exchange rate are good, but not sufficient in order to reach official levels in the parallel market.”  

Cougar concluded, “Parliament is following up on what the executive authorities are working on to control the parallel market and prevent a new rise in the exchange rate.”  

It is noteworthy that the market for the parallel exchange rate to the dollar has witnessed great leaps and has sometimes exceeded 1,700 dinars for one dollar, while the government decided to reduce the official rate to 1,300 dollars, and it has adopted this in the draft budget currently before the House of Representatives.

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IN PREPARATION FOR HOLDING THEM ACCOUNTABLE.” THE CENTRAL BANK: REGISTERING A LIST OF COMPLEXES AND COMPANIES THAT ARE NOT COMMITTED TO THE EXCHANGE RATE

 

(This is exactly what we need to be seeing right now. WOW News!!!!)

Today, Friday, the Central Bank of Iraq revealed the registration of a list of the names of complexes and companies that are not committed to the official exchange rate.

The Deputy Director-General of the Investments Department at the Central Bank, Muhammad Yunis, told state television, “The Central Bank issued three circulars obligating the owners of residential complexes and companies to the official dollar price and pricing in Iraqi dinars, based on the decision of the Council of Ministers, which stipulated obligating all government agencies and the private sector to price their products in dinars.”

Iraqi and receiving the local currency at the official exchange rate,” noting that “some of them adhered to the instructions and the other part is still not yet committed.”

He added, “The Central Bank registered a list of residential complexes and violating companies, including car companies that are not committed to the exchange rate, in clear violation of the decisions of the Council of Ministers, and we sent the list to the Investment Authority to hold them accountable.” 

And he continued, “All providers of services and goods inside Iraq must abide by the official exchange rate, and their dealings are in the local currency,” stressing that “the dollar is a foreign currency used for international payments abroad, and the Iraqi dinar must have the main role in the economy, not the dollar.

Today, Friday, the Central Bank of Iraq revealed the registration of a list of the names of complexes and companies that are not committed to the official exchange rate.

The Deputy Director-General of the Investments Department at the Central Bank, Muhammad Yunis, told state television, “The Central Bank issued three circulars obligating the owners of residential complexes and companies to the official dollar price and pricing in Iraqi dinars, based on the decision of the Council of Ministers, which stipulated obligating all government agencies and the private sector to price their products in dinars.” Iraqi and receiving the local currency at the official exchange rate,” noting that “some of them adhered to the instructions and the other part is still not committed.”

He added, “The Central Bank registered a list of residential complexes and violating companies, including car companies that are not committed to the exchange rate, in clear violation of the decisions of the Council of Ministers, and we sent the list to the Investment Authority to hold them accountable.” 

And he continued, “All providers of services and goods inside Iraq must abide by the official exchange rate, and their dealings are in the local currency,” stressing that “the dollar is a foreign currency used for international payments abroad, and the Iraqi dinar must have the main role in the economy, not the dollar.”

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AN ECONOMIST PRESENTS A “PROPOSAL” TO CONTINUE DECLINING THE EXCHANGE RATE IN THE PARALLEL MARKET

The economist, Nabil Al-Ali, presented today, Thursday, a proposal to stimulate and reduce the parallel exchange rate and raise the value of the Iraqi dinar in the local markets, while confirming that the bad scenario that was presented had been overcome. 

Al-Ali said, in an interview with Al-Maalouma Agency, that “reducing the parallel exchange rate and raising the value of the dinar in the local market requires a batch of direct cash sales from the Central Bank to the markets at a rate of 50-100 million dollars per day and for a period of one week, capable of reducing exchange rates to the range of 1330-1380 dinars.” per dollar.” 

He added, “These direct payments to the markets represent a stimulus and lead the exchange rates downward at a time when the rates of remittances issued by the Central Bank are growing well and reassuringly, reaching 175-200 million dollars in each session.”

The expert continued his speech: “The Central Bank was able to overcome the remittance crisis by approximately 75% of it, but the remaining 25% of the crisis represents a greater challenge,” attributing the reason to “being linked to a wide spectrum of small merchants who did not adapt and adapt their commercial situation until Today, so that they can pass their commercial transfers within the new controls.”

And Al-Ali indicated that “the bad scenario that was proposed earlier was exceeded, so the decision to reduce the official exchange rate to 1,300 dinars was able to limit the increasing rise in the exchange rate, which, without it, would have reached the threshold of 200,000 dinars.”

The exchange rates of the dollar continue to decline in the local markets, reaching less than 1,450 dinars for every dollar. As a result of the many measures taken by the government and the Central Bank of Iraq.

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BAGHDAD / NINA /- THE GOVERNOR OF THE CENTRAL BANK OF IRAQ, ALI MOHSEN ISMAIL, REVEALED THE EXISTENCE OF A PROGRAM TO RESTRUCTURE GOVERNMENT BANKS.

The media office of the Central Bank stated in a statement: “The Governor of the Central Bank, Ali Mohsen Ismail, indicated, during the participation of an Iraqi delegation in the meetings of the World Bank and the International Monetary Fund in Washington, DC, that the assets of government banks constitute more than 80% of the Iraqi banking sector.”

He added: “The Central Bank has a program to restructure government banks, which it has been working on for years in cooperation with relevant international organizations, the World Bank and the International Monetary Fund, stressing” the existence of harmony between the government and the Central Bank in the process of reforming the banking sector. 

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A FREE IRAQ IS COMING AND THE SECTARIAN SYSTEM IS GOING AWAY

 

It is not wise to say that the ruling political system in Iraq will disappear tomorrow. However, it will disappear because of its inability to meet the requirements of the times.

Iraqis have the right to hope that their tomorrow will be better than their yesterday, in order to leave the illusion of the “beautiful time”. All the times that the Iraqis lived were not beautiful. “Not a year has passed and Iraq has no hunger,” according to their poet Badr Shakir al-Sayyab.

But the hope industry involves a lot of lying. The human situation is so thorny and complex that it bears one thing and its opposite. Democracy was one of the greatest lies that Iraqis faced with empty throats. They are tired of screaming. This is a people who have lived their entire lives walking in rallies organized by parties that slaughtered each other for unseen booty. Homeland was that loot.

Is there no future?

We have to try not to be pessimistic. This is not a call for optimism. But betting on the Iraqi people cannot be lost. King Faisal I previously described them as a difficult people. It wasn’t clever of him. Al-Hajjaj bin Yusuf Al-Thaqafi, the Umayyad envoy, had discovered this before him. What the Iraqi people have done over the past twenty years cannot be underestimated. There were two wars on a small city called Fallujah launched by the US army in 2004, and there were millions of peaceful demonstrations that swept the cities of Iraq in 2019. The international media exerted all its forces to block it.

Iraqis cooperated with the American occupier. That is right. Iraqis boasted of serving Iranian hegemony. That is right. Iraqis plundered the wealth of the Iraqi people, which the American occupier placed in the hands of his collaborators. That is right. Today, there is a group of Iraqis who live lavishly, while more than thirty percent of the people fall below the poverty line. That is right. It is also true that there are Iraqis living outside Iraq who have never worked in it and enjoy monthly salaries as retired jihadists. Iraq is in chaos. Nouri al-Maliki was responsible for the greater part of it. The man worked hard when he was prime minister for two terms, and he issued laws that took Iraq’s wealth in a vengeful way. Iraqis know that their wealth has been disposed of as if it had become part of the property of Islamic parties.

But all this will not continue because it violates the laws of the era unless the Iraqis want to live in the dark ages. This is what the living peoples and the Iraqi people do not do. After the failure of the sectarian system imposed by the American occupier to build a state on the ruins of the state whose tanks demolished it, its downfall will be inevitable, not only because it failed to build a state, but also because it is a permanent corruption project, which means that the door of poverty will be wide open to receive new crowds.

Twenty years after the announcement of the establishment of the new Iraq, its image became clear only as a shabby state run by party leaders and their ignorant and illiterate relatives and followers. From a minister advertising a restaurant that turns out to be his, to an ambassador dancing in his nightgown at a public party, to diplomatic bags stuffed with millions of dollars that are confiscated at airports around the world, Iraq has become a tale of lamentation and disgust at the same time.

It is not wise to say that the ruling political system in Iraq will disappear tomorrow. However, it will disappear because of its inability to meet the requirements of the times. It is a regime isolated from its surroundings and the outside world, in addition to the fact that its popularity is based on backward sectarian foundations that have failed to extend their roots in depth, for nothing but that they do not respond to the requirements of direct living.

It is certain that the parties succeeded in normalizing corruption within their sphere of influence that penetrates the state, and the result was the establishment of a corrupt state. However, this certainly does not mean that corruption spreads vertically to reach social and national constants. The Iraqis are still difficult, keen on their patriotism and cautious in dealing with the principles of the religious state to which the regime is trying to move Iraq.

And because the Iraqis realize that the political system that governs them is weak and that American protection with its Iranian mask is the only source of its strength, they hope that the changes in the regional arena will end that malicious alliance that was established only to destroy their country, blow up their future, and eliminate the causes of their strength.

Iraq is like a hostage whose sons are waiting for the moment it is released. This is a moment that will come despite all the manifestations of openness through which the regime is trying to postpone it.

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MOST OF THE PARLIAMENTARY AND POLITICAL STATEMENTS CONFIRM THAT EVERYONE IS HEADING TOWARDS APPROVING THE BUDGET AND SUPPORTING THE SUDANESE GOVERNMENT

 Information / Baghdad… 
Most of the parliamentary and political statements confirm that everyone is heading towards approving the budget and supporting the Sudanese government and its governmental program, although the budget is currently passing through a zigzag road punctuated by many bumps set by some political parties that compete with each other to obtain gains and include them in the budget Where some seek to obtain sums for the provinces and others for the components and to serve the affected areas at a time when some politicians seek to use the budget paper to reach power again. 


Former MP Jassim Muhammad told Al-Maalouma, there is pressure exerted by the Kurds, Sunnis, and even Shiites in order to obtain gains for each party in the budget, although this competition is legitimate, but it must come out of the circle of betting and arm-twisting, and as a result, passing the federal budget will it will not be easy and it will face difficulties and it is likely that it will pass during the next month.


On the other hand, the representative of the Kurdistan Democratic Party, Sharif Suleiman, told Al-Maalouma, that “the budget, after completing its first reading, was to be decided in the past days, but the matter did not take place due to discussions between the political parties about some of its paragraphs, and as a result, it some amendments will be witnessed before proceeding with the second reading and voting on them as a whole, as some parties found that there is a need for extensive discussions, especially since the law is set for three years.

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THE WORLD BANK ANNOUNCES ITS READINESS TO CONTRIBUTE TO SUPPORTING THE COURSE OF THE IRAQI GOVERNMENT PROGRAM

FINANCE MINISTER TAIF SAMI MOHAMMED CONFIRMED THE GOVERNMENT’S CONTINUATION OF ITS NATIONAL AND ECONOMIC REFORMS EFFORTS.

On the sidelines of the spring meetings of the IMF and the World Bank held in Washington, D.C., for the period from April 10 to 16, the Iraqi delegation is holding a series of meetings with a number of international financial and monetary institutions, the Ministry of Finance said in a statement.

He added that Minister of Finance Taif Sami Mohammed held a meeting with the Executive Director of the World Bank Mansour Al-Shamali, in the presence of the Governor of the Central Bank Ali Al-Alaq and his accompanying delegation, with the participation of the Director General of the Public Debt Department and Director General of the Iraqi Fund for Foreign Development, noting that the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve in accordance with the priorities of sustainable development, projects, water and climate, environment, transport and social protection, in addition to strengthening the capabilities of the banking sector, applying automation, supporting small projects, advancing the reality of the private sector and establishing development funds.


The Minister of Finance pointed out, according to the statement, that the Iraqi government continues its efforts for its national and economic reforms, adopting for this a road map to achieve the sustainable development goals and a gradual approach to financing development by maximizing revenues for the budget.


For his part, the representative of the World Bank expressed the bank’s readiness to contribute to supporting the course of the government program.

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IMF EXPERT CONSIDERS VIETNAM BRIGHT SPOT IN WORLD ECONOMY | VIETNAM+ (4/14/23)

Vietnam’s 8% growth in 2022 was a bright spot of the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)’s Research Department, which produces the World Economic Outlook (WEO).

In an interview granted for the Vietnam News Agency during the week of Spring Meetings of the IMF and the WB in Washington DC, Leigh said the IMF have just revised up the growth forecast for Vietnam, adding that this is partly due to the rebound from COVID-19 and trade diversion. Some of the investment is shifting to Vietnam, giving the country a lift, said the expert.  

Although the IMF expected a slowdown in Vietnam’s growth, the projected rate is still high, at 5.8% in 2023 and 6.9% in 2024, he said.

He also noted that inflation in Vietnam is relatively low, at over 3% in 2022. It is coming up – partly because of the dynamic economy – and is expected to be back to the world inflation target, at around 4.3% in 2024.    

For Vietnam to continue to grow strongly in the remaining quarters of this year and the next five years, Leigh recommended that the country’s monetary policy continue to focus on bringing down inflation as it happens, and fiscal policy continue giving the targeted support to the vulnerable households. 

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AL-SUDANI SAID ON SATURDAY THE GOVERNMENT’S DETERMINATION TO LIBERATE THE IRAQI ECONOMY FROM ITS UNILATERAL DEPENDENCE ON OIL.

Economy News-Baghdad

Prime Minister Mohammed Shia al-Sudani said on Saturday the government’s determination to liberate the Iraqi economy from its unilateral dependence on oil.

The Prime Minister’s Information Office said in a statement: “Prime Minister Mohamed Shia Al-Sudani chaired a meeting devoted to discussing the items of the draft federal budget law presented to the House of Representatives.”
The statement added that “the meeting included the two deputy speakers of the House of Representatives, Mohsen Al-Mandalawi and Shakhwan Abdullah, and members of the parliamentary finance committee, as well as the deputy prime ministers, the ministers of foreign affairs, oil and planning.”
He pointed out that “the meeting witnessed a discussion of the items of the draft federal budget law presented to the House of Representatives, the strengths and support in its paragraphs, as well as the importance of designing the budget law for the first time to extend its main projects over a period of three years, which will be reflected in the ease and speed of implementation of infrastructure projects and basic services.”


Al-Sudani listened to valuable remarks from members of the Finance Committee on some points in the draft budget law, which were accepted in a way that contributes to the maturation of the project and the achievement of its objectives.


Al-Sudani pointed to “the government’s plans in development and economy, financial reforms and their positive returns on the internal economy and helping them create real jobs and stimulate the private sector, stressing the government’s determination to liberate the Iraqi economy from unilateral dependence on oil and fluctuations in its prices in global markets, by activating the rest of the promising agricultural, industrial and service sectors.”


The statement concluded that “during the meeting, it was stressed to continue holding meetings with parliamentary committees, for more coordination and cooperation to achieve integration of work and secure basic services for citizens.”

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Articles End

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

God Bless,

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

Proverbs 19:17 

Whoever is generous to the poor lends to the Lord, and he will repay him for his deed.

More news….

STATUS OF THE RV

As you might remember I was able to confirm that three (3) issues still pending on the table in the Iraqi agreement with Washington in order for the OFAC sanctions to be lifted and to finally reinstate the dinar back on FOREX for trading. These three issues include having a budget law in place, having the needed oil and gas law in place and stability of the dinar (being able to control foreign remittances). Proving that the CBI can manage the rate will be apparent if they can stabilize the parallel market rate to the official CBI rate. It appears all of these three issues are in progress and are fully expected to show more signs of progress in the next 2 or 3 weeks.

The House of Representatives is preparing to complete the second reading of the budget in the middle of next week, and deputies confirm that this comes in conjunction with an upcoming meeting that brings together the Finance Committee with Prime Minister Muhammad Shia’a Al-Sudani. In Baghdad – Mawazine News, MP Kazem Al-Shammari said that the budget will not be delayed this time because there is a parliamentary will towards its approval and ratification.

The oil agreement concluded between Baghdad and Erbil regarding the export of oil from Kurdistan via Turkey, suggesting that the agreement will expire within 6 months. So, the oil and gas agreement can not be completed without also the budget.

In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar, stressing also the government’s commitment not to reach the dollar exchange rate to the countries that the United States prohibits dealing with the American currency. The US Treasury is now showing great “flexibility and readiness” to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar. The International Monetary Fund (IMF) and the World Bank agreed to provide “technical and advisory” support to the Iraqi government in enacting reforms and stabilizing the currency, a statement by Iraq’s Central Bank said on Wednesday.

Hey folks, could the news get any better?

Remember that just less than a year ago, the US Treasury was still blocking the reinstatement of the dinar. Why? This was done, as we all know by now, because of all the corruption associated with the selling and buying of the US Dollar in Iraq. Since January of this year, we have read countless articles about fighting this corruption and we witnessed the assignment of the restatement of Ali Al-Alaq as the proxy governor of the CBI. He waisted no time in instituting three packages of measures to de-dollarize Iraq. These measures significantly helped to stabilize the dinar. But this effort of stabilization is not over and there is still needed time since the latest news is that one of the major banks now also decided to obey the reform laws and exclude the dollar from all its ATMs. Yes, progress may not be as quick as we hoped or wanted but it is moving along nicely.

Everyone needs to bear in mind once again that the rate of the dinar is being “artificially suppressed”. Don’t be fooled by this program rate. It’s just the rate that was used when the dinar was pegged to the dollar. Now they have unpegged from the de facto peg. The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations.

Remember there are already the 250, 500 and 1000 denominations already in circulation and will remain post RV. I also believe they have already issued the 100 notes but I am having a difficult time getting one to show you. Seems my contact in Iraq say they emailed and then texted me a pic of one, but I never get it. I think they are censoring emails and text msg from Iraq somehow.

I also want to mention that after the latest news of the new proposed dinar 20,000 note and the twice postponement of its issuance, I believe it may very well be a “smoke screen” for the reinstatement to distract us speculative investors from the real the timing of this reinstatement event. What do you think?

Let’s talk timing. I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am not using rumors or other people’s options (oh.. I hate opinions and rumors) but instead solid FACTUAL data from the articles. This is the basis for my statement today. The news since January can all add up to ONLY one final result- the reinstatement of the IQD. I will quote from the article today – “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”. What does this mean? Is it just the program rate? Yes and No. He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank. You can go read both of these article in today’s article section.

We also must then read a couple VERY important and amazing articles from today’s news. Folks, it can’t get any better!!!!  We should all have our strategy in place already. For me it’s been almost 2 decades and I will be so glad when this is all over. In Germany we will surely need the money to help with expenses as we are very close to losing the gasthaus. But with the grand generosity of all you fine people we have managed to hang on since the pandemic. God just seems to give us what we need, when we need it. It is by His grace that we may come through this in one piece.  

I think the nail in the coffin for the European Union (EU) will be the Central Bank Digital Currency (CBDC) move they plan to institute. Member countries are outspoken against this move as it will give complete control over our lives to the government bureaucracy. I can see the BREXIT type pullouts coming. Oh boy are they coming…. With the CBDC finally the EU will have gone too far in its globalism madness for world domination. Unfortunately for us Germans, Germany will probably be one of the last to pull out since it is the instigator and largest contributor to the EU.  

Now more than ever we must continue our prayers. Let it be the rosaries or other prayers of your denomination. But please pray to the one almighty and glorious Father who is the maker and controller of all things good. Our prayers are working and I truly, whole heartedly believe it has been through our steadfast prayers that Iraq has moved to where they are since January.

You see, God can just flick His hand and influence a future event ever so slightly that it can ultimately answer your prayers. I find it amazing that when we get this RV it might be during the Biden administration. Who the hell would have figured? But then again maybe with all the recent exposure of all these crooked, corrupt politicians, they don’t want this piece of their corruption on their record? They know what is coming and its not going to play out nice for them.

How to pray the Rosaries

Our RV / Reinstatement Prayer it’s the Luminous mysteries today.

Please also think about praying an extra two decades for the people of Iraq.

More news…..

Watch out for Currency Scammers

So here we go again…. I am sorry for having to even talk about this stuff but these people really get my goat. I work very hard and do a ton of research and also foster my CBI contact. These calls to Iraq are not free. What do many of these fly-by intel idiots really do for you?

Yes, Melanie Hinds yet another self-made intel guru, idiot with her Youtuber show boat, crinkle lips show. She takes everyone else’s news as she has not done an ounce of her own research. I doubt if she even knows how to research. Too busy to research? Then get the hell off of Youtube and leave us alone. We don’t need your half-baked intel drive by.

I call it like it is….
sorry if the TRUTH hurts

Yes, another troll. She just trolls the news from everyone else’s intel. Then reads it on her YouTube page and repackages it for her own use. If it’s rumors or opinions, then she just passes on the rumors and opinions and continues to spread the lies. No intelligence or smartness put into it. It’s like regurgitating the puke…urrrrrr. This is how rumors and false intel spreads and people after a while begin to believe it.

How many times did we hear from Mark Z, Big stupid call Bruce or Super fantastic idiot TNT Tony that the RV is going to happen this weekend or next? Did it? What solid evidence did they have besides everyone else’s rumors or opinions? Oh.. bank stories,….? We know all about these stories and where they come from… ☹ So now we can chalk up yet another guru to nonsense. My question still is this – why was the US Treasury “secret” contact of TNT Tony telling him and his banks all these years that the RV would happen if, in fact it has been the US Treasury all along holding up the RV and not letting Iraq move ahead? Just asking….. I will tell you why. Because there is no such contact nor will there ever be one. He is a liar.

What good is this? What value do these idiots add to the intel? Melanie has no real news of her own as she has researched zippo, zero of anything! Oh…but she wants you to pay her dearly now, yes hundreds in fees for her “financial advice” because she claims to have such a great financial background. The hair stands up on my back when I hear this woman talk….uggggg! Its’ almost as bad as watching Kamala Harris speak, but not quite.

Well crinkle lips Melanie, if you don’t have the intel, then hit the dirt and do some of your own research and bring it to us. We all want to hear your own intel. We want to hear what you have found not these other gurus. We already heard their crap. Yes, pound the dirt like many of us do each and every day to learn about the dinar revaluation and bring some legitimate news to our listeners or readers instead of your copy-cat bullshit. Yes, we are on to your game. Again, another one just using the dinar RV audience to sponsor themselves in scamming you of your $$$$ for paid clicky clicks and their financial forums.

Talk about dinar scams? Well… here you have another one.

Also, she claims to hear voices from God. Really? Yes, this is what a true prophet does. So where is her prophetic words from God then that have blessed us all with her spiritual insight? Yes, we all know and are now wise to crinkle lips Melanie and her fake and phony self-proclaimed guru and prophet.

The bible tells us of the day when these false prophets would come forward. They are here now.

God warns us many times in Scripture to be aware of false teaching. Christians need to be able to recognize false teachers in order to know when they are being led down a path that God did not intend!

What does the Bible say about False Prophets?

God speaks harshly against false prophets, occult practices, and other means of sorcery. God describes a false prophet as one who “presumes to speak in My name anything I have not commanded, or a prophet who speaks in the name of other gods” (Deuteronomy 18:20). In Jeremiah 14:14, God says these evildoers prophesy lies, offering “false visions, divinations, idolatries, and the delusions of their own minds.”

I find it very offensive when she uses the identity of a prophet for profit. Yes, she says to her listeners she can help them with their finances pre and post RV for just a small fee of hundreds of dollars. So, like Susan on Bruce’s Big ‘Stupid” call, we find the same scam taking place. Big bucks for taking advantage of innocent people, mostly the elderly, who just want to exchange their currency (s) someday and go on with their lives. No body needs a business plan or humanitarian plan to exchange and certainly you will not get a better rate on ANY currency if you have one. You will quickly learn when you show up to exchange that no one is going to give a SHIT whether you have a plan of not. Get it! 😊

More news…..

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

TIK TOK, TIK TOK

(The Chinese subversion tactics using TIK TOK)

I will not bore you too much with my own opinion in this matter of the social media platform called TIK TOK. I will instead let the video speak for itself. No this is not a conspiracy theory but real. This video today may surprise you. Many of you will deny it could or is happening.

Remember President Trump banned this platform from the US and Biden turned it back on. Why did he do this? After you listen to Liz Wheeler’s presentation today you may wonder why but not for long….. Oh.. the Biden administration claimed it was all about free speech. Really? We need to preserve our democracy, as they said. Really?

A war is raging upon America only most deny it.
We know who the enemy is.

Remember it was the Biden democrats who had a bill in congress and wanted to set up a special censor group run by the government to decide what news is true and what is false. Their plan, if the bill passed, was to shut down any of the news media channels that still give any resemblance of the TRUTH (i.e. OAN, NewsMax and FOX). Also to censor all social media and do it then legally. Yes, they wanted to decide what you saw on television and social media. Free speech? Are you kidding? So, who really wants to reserve democracy? Do you see how they slowly want to control all narratives and tell you what to think?

Come’on folks stop being so naive. Biden and his entire administration is a joke and it is corrupt. He and his son Hunter are in bed with China. Yes, we now find out the entire Biden family are sleeping with the Chinese Communist party. Oh…must be a big bed…lol..lol..lol.. Heck Big Joe probably enjoys sleeping with his cute niece ….They are all so caught up with their lies and corruption they no longer know where to turn or where to run. They have dug a pit do deep they can’t get out of it. They are traitors to their own country, and they are going to get exactly what God deems appropriate.

This one will blow your mind…

_______________________________________

Today I want to bring you some prophetic words. No, they are not mine. I do NOT profess to be a prophet. But I strongly believe that these three modern day prophets have some very important news for us today. As I explained before I believe them because I research them and watch afterwards and track what is happening. Then I watch God’s hand at work. Do their prophetic words pan out? If you research them, you too will see occasionally, they do have prophetic rewinds where they go over what has already happened. I follow them not for curiosity or amusement but to take what they offer and pray on it with them. Then I use it as my hope to keep me sane and get me through each day.

Folks I do not know how God is going to deal out the justice necessary for all those who tried to destroy our great country. But that hour and day is coming and it is not long off. When these prophets talk about their same visions over and over again and the occurrences of them get closer and closer, I believe the event’s timing is very near at hand. This is the case with the topic of today. The topic being the Passover Angle of Death. This is not the first time I have talked about this topic. But I come today not to just repeat myself but to give you a very recent update by three prophets. There are even more than the three prophets I bring today talking about this. WOW!

!!!!!! PAY ATTENTION !!!!!!

The angle of death is here.
God speaks to him in numbers

_______________________________________

Central Bank Digital Currency (CBDC)

Folks, just remember three things:

  1. Our great nation was built on the premise that you could accumulate great wealth. No, not just the elite but the average person. This is what makes America so great to live in. In many countries around the world you can’t do this.
  2. We have a banking system that is supposed to store and protect your wealth not give the keys to the government to do what it wants with it. This is not freedom or justice. Already with fractional banking they have allowed abuses and a new financial system is in order but let’s not do a knee jerk reaction. There are much, much better ways to clean up the system, better systems and make it better and not worse with a digital currency. For instance any bank the fails should have an inquiry and those management responsible should go to jail if their depositor’s money is gone (or should say stolen).
  3. Digital Currencies, (especially when controlled by the very same centralized banking elite who got us into this banking nightmare to begin with), are NOT the wave of the future and anyone who tells you this is ignorant and has NOT done their research into the full ramifications of going down this road. Digital Currencies are only going to give them even yet more control over YOUR wealth. Get it? Why would you want this?

(The fall of free and sovereign nations)

What they have installed for your money.
The end to America

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

CBI: “WE ARE ON ALERT IN THE CENTRAL BANK TO ADJUST THE DINAR EXCHANGE RATE

Shafaq News / The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar, stressing the government’s commitment not to reach the dollar exchange rate to the countries that the United States prohibits dealing with the American currency.

Al-Alaq said in a press statement on the sidelines of the meetings of the World Bank and the IMF in Washington, reported by “Bloomberg” and seen by Shafaq News, that the US requirements to control transfers “do not classify them as restrictions, but all that is required is the application of the Money Laundering and Anti-Terrorism Law.”

“We are on alert in the central bank to adjust the dinar exchange rate,” he said, explaining that this problem “is not related to an internal financial crisis, but rather to pre-audit procedures for foreign hard currency transfers”.

He added that external transfers through the platform “doubled very quickly, creating a balance of supply and demand for the dollar.” “The US Treasury agrees with us on the need to expand external transfer channels,” he said.

He stressed that “the new system does not aim to restrict the response to legitimate requests, as much as it aims to provide protection to the banking and financial system from illegal or suspicious operations, and supports the application of the Anti-Money Laundering and Combating the Financing of Terrorism Law and related instructions.”

With regard to the structuring of banks, the Governor of the Central Bank of Iraq, Ali Al-Alaq, pointed out that “the target of structuring banks are government banks, which represent more than 80% of the sector, and the positive thing is that there is harmony between the government and the Central Bank to reform the banking sector,” revealing that all options are available to structure and develop the sector, “including mergers.”

On Wednesday, the Iraqi delegation’s meetings with the IMF and the World Bank began in Washington, D.C., in the presence of Al-Alaq and Finance Minister Taif Sami.

The US Treasury Department showed “great flexibility and readiness” to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar.

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ECONOMIC: AL-FURAT NEWS} THE PARLIAMENTARY FINANCE COMMITTEE REVEALED THE PREPARATION OF THE FINAL REPORT OF THE FINANCIAL BUDGET WITHIN THE NEXT TWO DAYS.

 

Committee member Mustafa Al-Karawi told {Euphrates News} that “the Finance Committee has finished reading and confirming the observations on the budget law, and during the next two days the final report will be prepared and revised until it is presented for the second reading in parliament and opened for discussion.”


Yesterday, the Parliamentary Finance Committee ended its discussions on the draft federal budget law. Nubian sources are likely to approve the budget after the Eid al-Fitr holiday.

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SALEH INDICATES WHEN THE BUDGET WILL ENTER INTO FORCE

The financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, suggested, on Wednesday, the date for the approval and entry into force of the budget.

“I expect that the federal budget will be approved in the same format in which it was sent by the government,” Saleh said in a statement followed by Al-Maalouma.

Saleh added, “I also expect that it will not take long until it will be approved and put into effect within a month from today’s date.”

And the House of Representatives announced, on Monday evening, that the Parliamentary Finance Committee had completed its discussions on the draft federal budget law, in the presence of the first deputy speaker of Parliament.

The First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, confirmed that the next few period will witness the second reading of the budget bill during a meeting of the Parliamentary Finance Committee, in the presence of its chairman and members.

(Why are so many events lining up for late May,early June?.,,hint, hint,,)

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THE WASHINGTON INSTITUTE: THE OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL WILL NOT LAST MORE THAN 6 MONTHS

  

An article by a writer from the Washington Center for Studies talked about the oil agreement concluded between Baghdad and Erbil regarding the export of oil from Kurdistan via Turkey, suggesting that the agreement will expire within 6 months.

Full text of the article:

by  Michael Knights

Iraq’s bloated budget for 2023 has made way for the Kurds to get a share of the wealth this year, but preparing for the next opportunity for lasting solutions is even more important.

On March 16, KRG Vice President Qubad Talabani spoke publicly about a new draft federal budget law for 2023 that includes provisions allowing the Kurds to receive a per capita share of planned expenditures. It is true that parliament has not yet ratified this law despite the passage of 3 full months of this year, but the actual test will be its implementation, especially if the global price of a barrel of oil approaches the level of $70, or less, expected in the budget. Assuming the success of the KRG-Baghdad agreement, policymakers should think ahead about the technical and political challenges to its implementation, second-order unintended effects, and possible implications for broader understandings about federalism.

What was just agreed upon?

The respective budget lines will allow the region’s four provinces to obtain a share of federal expenditures. Unlike Iraq’s fifteen other governorates – which are officially referred to as “provinces not organized into a region” – the region has its own parliament, government and system of ministries, so most of its government functions are not serviced directly by line ministries within the budget. 

Instead, the region was forced to negotiate on more than one occasion a per capita share of the cost of services usually provided by federal ministries to the provinces (so-called “non-sovereign spending”). For its part, Baghdad has had to account for the various revenues generated by the region that are not usually achieved by an “individual” province – most notably the revenues from the production of 400,000 barrels of oil per day. These gains were often deducted from the “Kurdistan region” allocations in the federal budget.

During the past years, debates over these allocations and deductions were mixed with broader questions related to the principle of federalism:

Does the region have the legal authority to explore for and market oil? 

What should be the per capita share of non-sovereign spending in the absence of an official population census? 

What percentage of the budget should be allocated to non-sovereign expenditures? 

The government’s approval of the current draft budget does not definitively answer these questions – it is simply an indication that temporary arrangements are once again being put in place for the opening of the national coffers.

Indeed, each of Iraq’s factions has its own strong motivation for passing the budget as soon as possible. After the bickering year-long government formation process following the 2021 parliamentary elections, the country was left without a budget in 2022, with expenditures limited to paying salaries and pensions. As a result, investments were frozen at a time when oil prices were high, and federal reserves have built up, now at a whopping $115 billion

This year, all factions are eager to take advantage of the resulting larger-than-usual budget, which is expected to include $152 billion in spending — a full 50 percent of the 2021 budget. A quota for the Kurds is therefore within everyone’s reach this year, and can meet the KRI’s spending needs (albeit barely) without focusing on other beneficiaries.

What is left to negotiate?

But the arrangement will only be in effect for a year – perhaps only half a year in practice, given that finalizing the budget could take a few more months. A more sustainable system cannot be imposed until Iraq passes a federal oil and gas law, and perhaps a revenue sharing law as well

(You can go read the entire article for more information. It is very informative but maybe too much details for what we need here in the Newsletter. Here is the link:

https://economy-news.net/content.php?id=33536

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PARLIAMENTARY FINANCE: THE IRAQI ECONOMY IS UNSTABLE AND THERE ARE 3 IMPORTANT LEGISLATIONS TO REVITALIZE IT

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, attributed the “instability” of the Iraqi economy to dependence on oil for state revenues.

Al-Atwani said in a speech during a Ramadan evening held by the economic elite in Baghdad: “The Iraqi economy, which relies on oil as a main source, and with 90 percent of the country’s revenues, remains an unstable economy.”

He added, “The real treatment of this issue lies in supporting the private sector, through a set of decisions that contribute to revitalizing and strengthening it, and there are legislations sought by the House of Representatives, including partnership between the public and private sectors, the social security law, the unification of customs tariffs, and others.”

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CENTRAL BANK: THE US TREASURY HAS SHOWN GREAT READINESS TO HELP US WITH EFFORTS TO STABILIZE THE EXCHANGE RATE

Economy News – Baghdad

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met on Wednesday with US Assistant Secretary of the Treasury Brian Nelson, on the sidelines of the annual meetings of the IMF and the World Bank.

The two sides discussed, according to a statement by the Central Bank, “facilitating the procedures of the Central Bank of Iraq in the process of financial transfers, while the US Treasury showed great flexibility and readiness to assist the Central Bank of Iraq in its efforts to achieve exchange rate stability.”

Al-Alaq stressed that “it was agreed with the US Assistant Secretary of the Treasury to intensify communication between the technical teams of the two parties to implement facilitative steps that were agreed upon during the meeting, within a short period.”

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IMF, WORLD BANK TO SUPPORT IRAQ WITH MONETARY STABILITY

The International Monetary Fund (IMF) and the World Bank agreed to provide “technical and advisory” support to the Iraqi government in enacting reforms and stabilizing the currency, a statement by Iraq’s Central Bank said on Wednesday. 

Headed by the governor of the Central Bank, Ali Mohsen al-Alaq and deputy finance Minister Taif Sami, the Iraqi delegation discussed Iraq’s move towards holding a “non-financing” program that includes the IMF’s provision of technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability.

“‎It was agreed to prepare a draft agreement on the program and to start implementing it in the coming days,” the statement read. 

“The central bank also called on the IMF to provide support for the central bank to achieve exchange rate stability,” said the statement highlighting that the agreement will be in accordance with international practices and Iraq’s agreement with IMF in 2008, which was ratified in parliament.

Alaq also met with Brian Nelson, the US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence, to discuss facilitating the procedures of the central bank in the process of financial transfers.

The stability of the exchange rate is an issue that faced the Iraqi government at the start of the year, as the value of the Iraqi Dinar started depreciating in the Iraqi markets against the US dollar.

In January, the value of a US dollar was placed at 1,750 IQD – the highest since the issuing of new banknotes in 2003.

The drop in the Iraqi dinar value was attributed to corruption, smuggling dollars out of Iraq, and pressure from the United States.

The Iraqi public servants are the most affected by the instability of the exchange rate, as their salaries suffered from the drop in the currency value.

Iraqi Prime Minister Mohammed Shia’ al-Sudani – who has vowed to control the unstable exchange rate – sacked the governor of the country’s Central Bank head in late January, replacing Mustafa Ghalib Makhif with Alaq as protests in Baghdad ensued after prices of goods surged.

Iraq earlier in February restored the exchange rate of the IQD-USD to 1,300 per dollar, the highest value of the dinar since 2020, amid a depreciation of the dinar leading to a surge in prices of basic goods and protests by Iraqi citizens.

The Iraqi Central Bank in late 2020 devalued the dinar against the US dollar by 22 per cent, dropping it from 1,182 IQD to 1,450 IQD and sparking public outrage. The devaluation came in an effort to combat a national liquidity crisis and bring in much-needed cash to the government’s coffers.

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Articles End

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

Hi Everyone,

I bring you much news today.   

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.

https://paypal.me/MntGoatNewsletter?locale.x=en_US

For over 10 years now, I have taken my own time from my gasthaus business 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 spend my time babysitting and holding your hand in this investment. 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 of running a gasthaus (bed and breakfast) and trying to make ends meet. I am no different yet I take the time out each day to complete the task of my newsletter for you. I do not need to do it, as I know the information before you get it.

So, please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Even $1.00 would be helpful. Whatever you can afford will be helpful in this time of Covid where nearly 80% of our business is now gone due to travel restrictions.

2 Corinthians 9:7

God loves a cheerful giver! This is a beautiful thought because of what Paul says (give cheerfully) and because of what he doesn’t say (give a certain amount).

More news….

OIL MAKES GAINS FOR THE THIRD WEEK. BRENT CROSSES $85

Baghdad Today – Follow-up

Oil prices closed little changed on Thursday but posted gains for a third straight week, as markets swung between further OPEC+ production cuts and falling U.S. oil inventories on the one hand and concerns about the global economic outlook on the other.

Brent crude closed up 13 cents, or 0.2%, at $85.12 a barrel, while U.S. West Texas Intermediate crude closed up nine cents, or 0.1%, at $80.70.

Both benchmarks jumped more than 6 percent this week after OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies including Russia, surprised the market on Sunday with pledges of production cuts.

Hedge funds bought crude all week, returning to “risk” mode, said Dennis Kessler, senior vice president of trading at BOK Financial.

Prices were supported by a sharper-than-expected drop in U.S. crude inventories last week, the second consecutive week of decline. Gasoline and distillate inventories also fell, suggesting higher demand.

But gains were parsed by U.S. labor market data pointing to slowing economic growth, along with slower-than-expected U.S. services growth.

More news….

IRAQ TO ACHIEVE THE SECOND PLACE IN THE ARAB WORLD WITH THE LARGEST GDP GROWTH DURING 2024

The World Bank report for the month of April expected Iraq to achieve the second place in the Arab world with the largest GDP growth during 2024.

The bank stated in a report, and its independent continued, that Iraq’s GDP is expected to grow during the current year 2023 by 2.8%, after achieving a growth during 2022 of 7.9%.

He added that “it is hoped that Iraq will achieve growth in GDP in 2024 by 4.4%, to rank second after Djibouti, which will reach growth of 5.4%,” noting that “the growth of Qatar’s GDP for the same year will be 2.9%, the UAE 3.4% and Saudi Arabia 3.3%, while the growth of Egypt will reach 4%, Jordan 2.4% and Tunisia 3%.”

(Did you know that under President Trump he had the US GDP growth rate at 3.2 % during his administration. By Biden’s policies and exec orders it is now .01%. )

More news….

SOURCES: IRAN IS ANGRY WITH BAGHDAD BECAUSE OF THE DOLLAR AND THE DEBT FILE

The British “Middle East Eye” website revealed that Iraqi Foreign Minister Fouad Hussein and Central Bank Governor Ali Al-Alaq are in talks with US officials to find an appropriate mechanism to return Iranian money to Tehran after it incurred heavy losses in buying dollars from the Iraqi black market.  

The site quoted, in a report affiliated with “NAS”, (April 7, 2023), quoting Iraqi sources that the Iranians are angry with the Iraqi government, and the official in Tehran tells their Iraqi counterparts that they have organized their affairs with the Americans and have forgotten about us. “The Iranians say we only want our money and we don’t want anything else.”  

According to an advisor to the newspaper, “We are currently trying to find a solution that satisfies both parties. The United States has done whatever it wants, and it must give us something in return.”   (yes, the RV! )

Iraqi officials told the British website, “Iran wasted money by buying US dollars from the Iraqi black market by increasing 400,000 dollars per million dollars, and after stopping that, it is now pressuring the Iraqi government to pay its debts to Tehran through official channels.” 

(We found out later in another article from Iran that this news is not entirely true and has many false claims.)

More news….

IRAQ: DOLLAR EXCHANGE RATES FALL AGAIN

Economy News – Baghdad

On Saturday, dollar exchange rates fell to less than 1500,<> dinars in local markets in Baghdad. Sale: 149.750 KD per 100 USD Purchase: 147.750 KD per 100 USD.

(The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this recent move is do the retriction of selling dollars to street venders and citizens. They also cut back on how much you can take on your cards. Eventually the CBI will find the needed balance and the rate will drop to the needed 100.000 and away we go…😊)

More news….

BRICS ANNOUNCES LAUNCHING A COMMON CURRENCY BETWEEN THEM TO REPLACE THE US DOLLAR

Shafaq News / The BRICS group of countries announced on Monday that it is launching a common currency between them to replace the US dollar.

BRICS is an acronym for the Latin initials BRICS, which make up the names of the world’s fastest-growing economies: Brazil, Russia, India, China and South Africa. Turkey, Egypt and Saudi Arabia are expected to join the group, media reported.

The first summit between the heads of the four founding countries was held in Yekaterinburg, Russia, in June 2009, which included the announcement of the establishment of a bipolar world order.

Recently, Kenya signed two deals with Saudi Arabia and the UAE to buy oil in its local currency “Kenyan shilling” and Ghana in gold instead of the US dollar.

The U.S. dollar is the official currency of the United States and has become an important global reserve currency and is the most widely used currency in global transactions.

Some countries, including Russia, are trying to dispense with the U.S. dollar in their oil sales with exporting countries because America uses its national currency to impose sanctions on Russia after the latter’s war on Ukraine.

A few days ago, the Russian Ministry of Finance announced that it would change the structure of the National Welfare Fund within a month, dispensing with the dollar and replacing the US currency with gold and other currencies.

Many countries, including Russia, find it difficult to dispense with the US dollar currency because the most traded commodities in the world, with an estimated trade volume of $ 14 trillion annually, 99% of which is traded in dollars, which is the most important source of income in Russia, in addition to the fact that the dollar is the most dependent currency for countries in terms of monetary reserves.

More news….

STATUS OF THE RV

There is so much news to talk about today and so where do I begin.

Yes, it is all about three main subjects again – rate of the dinar, budget law and the oil and gas law. So, I will try to cover each and give you an update. Please also feel free go to the article section below for more detail. If we know that the RV / Reinstatement is inevitable, then why would Iraq dwell so much on these three topics if they were not important and relevant to this course of action?

Robin Bullock on the Coming Wealth Transfer

The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market. He indicated that “facilitating and improving the procedures for necessary external transfers, and selling cash dollars through international compliance channels, to which the private commercial community and the general beneficiaries of foreign exchange in our country have adapted rapidly. So what does this all mean?

We know that just within this past week the CBI banned all street vendors and the general public from buying dollars unless their need matches one of the necessity parameters for going abroad, etc. So already we are seeing the impact of this move by the CBI. They need to get the street rate of the dinar from 1500 to 1132. So far they are telling us it has moved to less than 1480. I quote from the article: “The exchange rate of the dollar recently witnessed a clear decline, to reach today less than 1480 dinars per dollar, after it was in the past month exceeding 1500 dinars”

So now the CBI has to keep monitoring once again for inflation which actually also means monitoring the parallel street rate now at 1480. On Tuesday the CBI told us that in the coming days will lead to a drop in the dollar to less than 1400 dinars. This was very good news! 😊 Do you how fast this can change given the correct measures by the CBI?

Like I said many times already we don’t know, and even the CBI does not know, how long this change will take to impact the rate down to what they need to have it. The first step is for the parallel rate to match the CBI rate of 1132. It could be weeks or months. However, I do not believe it will take months and with these measure they take seem to have effect in only weeks.   

Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices,” noting that “foreign currency window sales today have reached their high levels in imposing stability and sterilizing liquidity.

Economic: Al-Furat News} The financial and economic adviser to the Prime Minister, Mazhar Mohammed Saleh, explained today, Tuesday, that the Central Bank has succeeded in managing the file of controlling exchange rates and gradually reducing them.

What else is in the news….

I like it when the CBI talks about the currency auctions as if they are already a thing of the past (as what they used to be for almost two decades). Of course, they are not and are still ongoing, but very, very different as of January 1st. The difference now it that the CBI can control them with the new electronic platform put in place by the US Treasury. This is the key to stability – having control. They tell us and I will quote: “that the window for selling foreign currency is considered one of the largest open market operations in controlling local liquidity levels and placing the cash surplus in its proper paths, which is a good economic indicator and achieves one of the objectives of monetary policy.

My contact in the CBI has also told me that it is now confirmed that two (2) other issues must also be resolved besides the reduction in the rate of the dollar (de-dollarizing) and thus the dinar increases. These two measures include:

1.the oil and gas law and;

2.the 2023-2025 budget.

Both of these pieces of legislation must be passed into law. This means voted on in parliament and not just talked about. Get it? They are told that without these issues they cannot complete their plan of going forward to FOREX.

We know that both of these issues are very close to completion. Don’t let any of these so-called intel gurus tell you otherwise. Both of them are NOT yet completed. I expect them to complete both of them sometime in April or early May and sooner than later.  

I will quote from the Iraqi news: “A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the center and the Kurdistan region.

The use of the term “permanence’ is important here and means “to pass a law” and thus to get a legal binding legislation in place.

Also Al-Mashkoor told {Euphrates News} agency: “The decision of the Paris court was a positive case for accelerating the approval of the oil and gas law,” stressing that “negotiations of the law are progressing.”

Meanwhile the budget law is still having some issues about the size of the deficit. Let me be clear about this issue. It is not that the CBI does not have ample money to cover the deficit in the reserves however the budget finance law says they must have a balance budget. The first reading was conducted already and they kicked it back to Al-Sudani’s finance committee to fix it. The second reading should start this week. I personally like this budget because it emphasizes the rebuilding of Iraq and not just a bunch of social handouts.

On Tuesday and I quote: “Baghdad / Nina / Thamer Theban, a member of the Finance Committee, announced the committee’s agreement to fix the dollar exchange rate at 130 thousand in the budget law”. This report caused many of these followers of the intel gurus to freak out. Why? Is it because they don’t understand what is going on with the budget and their gurus are not helping them to understand?

Simply put- remember we were told the budget rate is flexible thus it is not fixed for the next three years. It is like a “float” according to the price of oil. Get it? If you think about it this makes perfect sense and they should have been doing this all along. This would have helped settle many of their budget issues every year and thus allowed the budget to pass on time. But how can they then meet the budget if oil prices drop?

Well… it works like this:

1. they will then have to adjust expenditures. But in order to do this there are some expenditures that must be put in categories that are reoccurring to keep the government running and social programs and then those for larger one-time projects.

2.Thus many of the one-time projects can be delayed or referred to another year since it is a 3-year budget. Get it? Do you see what they are doing. It is all flexible!

3.If the rate changes with a revaluation no matter how low or significant it is not written in stone and can float accordingly.

I explained this is all kinds of detail in one of my last Newsletters. This is why you have to come into the blog and read them. I can not hold your hand or force you to do it.

More news….

POLITICS

I decided to begin including this section in my Newsletter because of the nature of what we are now seeing in our governments and how these crises after crises now affect the ability of us to spend and hold on to our proceeds once we exchange our dinar post-RV. We can make a difference if we decide to. We are empowered citizens as we only have to realize it and do something about it. Remember the majority is many hundreds of millions of people and the elected and on-elected government officials are only less than maybe five thousand. This scares them but we have no power unless we act upon it.

NOTE: I am limited on blog space so I clip out parts of videos deemed most important and string them together to express the points deemed most important.

__________________________________

BODY DYSMORPHIC DISORDER

Posie Parker: “Trans Women Aren’t Women”

Once again, I am bringing you important information on a multi-part series on the transgender issues. Today we learn more about it and also some opportunities for humanitarian projects for the post-RV time period. The “de-transitioning center” concept may be a very good project for many. Most have no clue as to just how bad and unhealthy this transgender and LGBYTQ…issues are and how they can literally destroy society.

To begin this topic, we need to define what many of these terms mean. I am presenting this topic in the most honest, unbiased and fair way possible. We must all be concerned about these topics as having all this money post-RV does not do us any good unless we have a society in which we can enjoy it.

Body Dysmorphic Disorder defined: It is a mental health condition in which you can’t stop thinking about one or more perceived defects or flaws in your appearance — a flaw that appears minor or can’t be seen by others. But you may feel so embarrassed, ashamed and anxious that you may avoid many social situations. For example, perhaps your nose is too big or your legs are too muscular or not sexy. Or simply you feel a need to lose more weight but you are already underweight and skinny.  

When you have body dysmorphic disorder, you intensely focus on your appearance and body image, repeatedly checking the mirror, grooming or seeking reassurance, sometimes for many hours each day. Your perceived flaw and the repetitive behaviors cause you significant distress and impact your ability to function in your daily life.

You may seek out numerous cosmetic procedures to try to “fix” your perceived flaw. Afterward, you may feel temporary satisfaction or a reduction in your distress, but often the anxiety returns and you may resume searching for other ways to fix your perceived flaw.

Gender dysphoria in particular, is a condition where a person experiences discomfort or distress because there’s a mismatch between their biological sex and gender identity. It’s sometimes known as gender identity disorder (GID), gender incongruence or transgenderism. Yes it is a mental disorder and is not normal behavior.

A lot of people are confused about what is going on over this transgender issue in our society. I think this is a significant topic, enough that we ought to be talking openly about it and maybe getting medical attention instead of making these dysphoria conditions as “normal” and typical  “choices” that people can make especially when it comes to our children. In other words, “promoting” dysfunctional behavior instead of treating it as a medical disorder is not a good thing to do. It only reinforces the disorder and can worsen it. These conversations must be honest and truthful. We can’t just call people transphobic, walk away and refuse to confront the real medical and mental issues that evolve around these disorders.

If they don’t like you challenging the narrative,
they call you transphobic

This gender dysphoria seemed to happen all of sudden during these last couple years. Why is this? Is it because the main stream news media supports it and promotes it as a human right and thus it becomes news worthy? If you truly want to understand what is going on with this transgender we must be fair, honest and truthful in our discussions. Are we?

The video by Jennifer Bilek, in my last Newsletter dated 04/06, is foretelling. In that video, Jennifer discusses the deep-rooted conspiracy by the elite, multi-national corporations and the medical industrial complex on our society and what they really want. She explains what the final result of this trans movement is and what they really want. It is a transformation of society and we are only experiencing the first phase of this movement. Yes, just another narrative but one that will have a lasting and devastating impact on our society if we don’t now come to terms with it and address it honestly.

In today’s Newsletter, I present yet another speaker namely Posie Parker and her discussions and research in how this movement is directly destroying our family structure and everyday life. She explains how this movement is now even leaking into our workplace and impacts our workplace. What is at stake is horrific and devastating.

Posie Parker on transgenderism

I cannot find a more fair and honest discussion on this topic.

THE CASE OF DYLAN MULVANEY

In the case of Mulvaney we can clearly see right from the start of his so-called transition, that it was actually all about a career move for him and nothing more. He obviously is using the transgender as an opportunity to enrich himself. He is in it for nothing more than the love money and of course his love for his himself, centered self. Real people just don’t behave this way unless there is something missing upstairs…. Remember it was not long ago we used to lock people up in sanitariums with these personality disorders. But is this really a fetish also for Mr. Mulvaney? Does he get a hard on walking around pretending to be a woman?

If you combined all the resent commercials he sponsors, he must have received millions by now. So what is wrong with all this?

The pain of it all is not so much watching this crap on TV but instead knowing that this is affecting our society like a virus. People now feel empowered to imitate anything such as the opposite sex, animals, birds, even objects like trees, etc. Yes, it is making us all sick. Why are we empowering mental illness in our society?

So how do all us “real” biological women feel about Mr. Mulvaney? He is impersonating you! I know that it takes a hell of a lot more to be a woman than to dress up and wear makeup and wigs. Personally I am insulted by any transwomen who thinks they can impersonate a real women. This is not just making movies in Hollywood anymore. It has gone beyond acting. These nut cases really believe they can be women. I don’t know about you but this is an insult to womanhood and my dignity as a women. Sorry Mr. Mulvaney and others like you, I am just not buying your scam.

So, Mulvaney finally found his cash cow niche and he is going to soak it for all its worth $$$. It won’t be long before we see him exiting his limo with his drag queen on his arm. But will his fame and popularity soon fade as actual intelligent consumers realize it is all fake and disgusting and boycott these products?

I don’t know about you but I am now boycotting all the products he sponsors in the hope this will send a grave message to these companies that society in general does not accept the destruction of the human race and all this foolishness that is plaquing our children. Has our society really gone mad? 

We only need to read the passage in the Holy Bible about the city of Sodom and Gomorrah and how it was destroyed. It was an ancient city of Syria located in the plain of Jordan (go figure). The city was destroyed by fire from heaven in the time of Abraham and Lot ( Genesis 19:24 ). The wickedness of the city became proverbial. The sin of sodomy was an offense against nature frequently connected with idolatrous practices. So, do you think God is pleased of what we are doing this to our children and to ourselves? This is basically worshiping our own bodies and not appreciated the likeness of God to which we were born. Get it? But then of course you first have to believe there is a God and them go to the bible to read all about his interaction with us as his creation. This atheism too is part of the problem and has evolved to much, much more. It is now satanism and devil worshiping. Folks this is all connected and you can’t just say that transgenderism and LGBTQ…(and whatever) is all about human rights. Not especially when you are brainwashing our children over it. I am trying to prove it to you today that this notion is all just an excuse to create this crisis in our society. To subvert our nation of the United States they need desperately to get us segmented and dis-united and fighting among each other.  

But the sad reality is that in the process of making all this money Mr. Mulveny is encouraging a warped society with these dark values and morals. Kids watch this crap on TV too. Now they have even infiltrated innocent commercials on our televisions. Yes, it always seems to be about our children and how these satanic elements want them.

Why do we keep promoting these mental disorders in our society?

Just remember this: The human race cannot multiply (procreate) without men and woman. We have to decide today if we want our future babies born in a test tube or in the womb of a loving mother. Are stud farms for humans scheduled for the future of humanity? Anyhow… I will let the videos below speak for themselves and reserve any further comments.

“This Buds for YOU” Mr. Mulvaney!

THERE IS HOPE

Just so you know, personally I feel compassion for these transgender people. I do not hate them. It is out of this compassion I want to help them transition away and out of this medical and mental condition. Is this really a mental health issue rather than a human right issue?

Mom Explains What It Took to Rescue Daughter From Transgenderism

A very sad story. Can we learn from it?

Mom Explains What It Took to Rescue Daughter From Transgenderism – YouTube   full video 30 minutes entire video– Very, Very Good!

If you are a parent facing this transgender issue with your child, remember that the brainwashing is deeply rooted propaganda and the mind is a funny thing. The damage already done can be in many cases be reversable. So the undoing must use tactics to de-transition or reverse the damage. The video above explains some of the tactics that this mother used on her child but it was not easy at first. So, lessons learned are invaluable. Maybe you too can think about these tactics for your child. But there are other hopeful ways for getting help and some very good professionals are available. However, any psychologist or psychiatrist should be thoroughly vetted on this topic. Yes, there are also many quacks out there too.

We need to save our children!

Is there something deeper in the minds of these people who would mutilate their bodies and change them with hormones and other drugs that will have lasting impacts on their lives. Don’t you think this needs attention by medical services such as psychologist and clinical psychiatrists who may be able to help.

So, my take is that in order to help them, we must first come to grips of the reality that this movement is really a dysphoria. Basically they are f__cking with our children! This transgender language is just all made up. Get it?  Yes, a “gender dysphoria”, a mental condition brought on to a children through brainwashing. Did you hear me? I said brainwashing. They are not helping the child to “find themselves” but rather setting the child up to become dependent on a whole range of medical treatments in the future to support the “medical industrial complex”. A whole way of life created to support the medical industry but only if you let it happen to your child.

The question now is – Will You?

Unless we come to the TRUTH as to what we are dealing with in these people who are forcing this crap on our society and in particular our children, we will never end this sad crisis and get them the medical treatment these children will need to de-transition.

We need to stop fooling ourselves in thinking this is all just all about human rights.

Post-RV

Maybe a good “humanitarian project” that someone might want to consider is starting a “de-transitioning center” or camp where kids can come to de-transition in a loving and caring environment or at least begin the process. Then send them home with advice to the parents on how to continue the process.

I hope this helps everyone deal (for now) on this matter.

This is the full presentation 2 hours

Posie Parker: “Trans Women Aren’t Women” – YouTube

Posie Parker: Trans Women Aren’t Women – Part 2 – YouTube

But we must keep in mind WHO is really behind this transgender mess and WHY they are doing it. These are really the important questions we must also be asking and ask them loudly.

Is it all just propaganda to create yet another layer in the cake of narratives and crises in our society?

Transgender PRIDE cake.
Give it a f__cken brake!

Is this really all about human rights or a very cleverly run subversion tactic as part of the takeover of the United States.

Defected Russian Spy tells us they are
working on subverting the US

and how they are doing it

Is this LGBTQ and trans bullshit all just part of the scheme for subverting our nation?    

More news….

How to pray the Rosaries

Today is Tuesday, the Sorrowful Mysteries.

Our RV / Reinstatement Prayer

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Formal Articles are below. Please see my comments in bold italic fonts in brackets (  ) throughout the articles.  Also, I separated the articles with asterisks and highlighted in bold any important lines worth noting.

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Articles Begin

“THANKS TO THE CENTRAL BANK’S MEASURES.” SOURCE: DOLLAR PRICES WILL DROP BELOW 1400 IN THE COMING DAYS

A government official confirmed that the decline in the exchange rate of the dollar against the dinar is due to the measures taken by the Central Bank within the packages to deal with the dollar file.

Since the end of last year, the value of the dinar has declined after the US Federal Bank tightened procedures on remittances issued from Iraq.

The official, who refused to be named, told Al-Iqtisad News, “The increase in the value of the dinar during the current days is due to the firmness taken by the Central Bank to address the crisis, which was represented by the application of international standards, which made the Federal Bank accept many remittances issued by Iraqi banks.”

He added that “many businessmen have opened bank accounts for their import companies, which has reduced the demand for the dollar in the parallel market,” noting that “the coming days will lead to a drop in the dollar to less than 1,400 dinars.”

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MEMBER OF PARLIAMENTARY OIL: WITHOUT ENACTING THE OIL AND GAS LAW, IT IS NOT POSSIBLE TO CONTINUE UNDERSTANDING BETWEEN THE CENTER AND THE REGION

A member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, stressed the need to legislate the oil and gas law for the permanence of the oil agreement between the center and the Kurdistan region.

Al-Mashkoor told {Euphrates News} agency: “The decision of the Paris court was a positive case for accelerating the approval of the oil and gas law,” stressing that “negotiations of the law are progressing.”

He added that the international decision “was the first step towards enacting the law because it will regulate all oil financial relations between the region and the center, and there has been confirmation that without the legislation of the law, no process or understanding between the center and the region can continue on the oil side.”

The federal government signed with the Kurdistan Regional Government, last Tuesday, a final agreement stipulating that Baghdad assume the process of full supervision of the export of oil from the fields of the region, which allows the resumption of oil export again through the Turkish port of Ceyhan.

The export had actually stopped since the issuance of the arbitral tribunal of the International Chamber of Commerce, a ruling in favor of Baghdad to stop exporting the Kurdistan region of oil through Turkey, due to the lack of permission from Baghdad.

(More to come. This is only part of the oil and gas law)

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

NEWSPAPER: PRINTING NEW CASH DENOMINATIONS IN IRAQ MAY INCREASE BURGLARIES AND ERODE THE VALUE OF THE CURRENCY

A London newspaper, in a report published today, Thursday, shed light on the efforts of the Central Bank of Iraq to print a new currency of the category of 20 thousand dinars, while indicating that this step may lead to the erosion of the value of the local currency in the country, while indicating that it increases armed robbery, which has risen recently.

This comes amid warnings of the dangers of this step, which may lead to the erosion of the value of the local currency, which after the invasion in 2003 witnessed a change in its shape and nature in conjunction with the changing and fluctuating Iraqi financial system in light of volatile conditions that made it lose its local value and market influence.

The local currency also suffered a major collapse in December 2020, after the central bank decided to reduce the exchange rate by up to 22 percent from the price of 1,200 to 1,450 dinars against the dollar, due to the financial deficit and the economic crisis in the country.

Al-Araby Al-Jadeed newspaper said in its report, which was followed by Al-Muttala agency, that the procedure of the central bank’s endeavor to issue the new monetary category sparked a state of controversy among local circles about the feasibility of the decision and its economic repercussions on the Iraqi financial markets monetary structure.

Iraq has a number of circulating monetary denominations that form the structure of the local monetary mass in the market, and these denominations include (250, 500, 1000, 5000, 10000, 25000, and 50000) dinars, and the last issue was in 2011 when the Central Bank of Iraq issued a banknote of the category Fifty thousand dinars, to be included in the Iraqi cash payments system.

The adviser to the Central Bank of Iraq, Ihsan al-Yasiri, said that the procedure for printing banknotes in the category of 20,000 dinars falls within the field of normal monetary practices for the central bank, and it is now within the framework of reviewing the structure of the national banknote series, and that this category will be an intermediary for the structure of cash currencies and will provide an addition For smaller groups, such as five thousand and ten thousand dinars.

Al-Yasiri indicated, in a press interview, that the volume of the cash mass in circulation with banks and citizens currently ranges between 83-84 trillion Iraqi dinars, and the pursuit of the new issuance of the 20 thousand category will not change much of the volume of the trader because it will be included within the existing liquidity. Al-Yasiri also stressed that printing the new denomination will not affect the value of the Iraqi currency in circulation, nor will it affect the levels and volume of inflation in the market, because inflation is linked to economic policies and has nothing to do with monetary circulation.

He pointed out that the Department of Issuance and Treasurys (one of the institutions of the Central Bank) is working on a careful study about the possibility of printing the cash category of 20 thousand dinars, and how to deal with it according to the monetary developments taking place in the Iraqi financial market. Issuance risk For his part, the economic researcher, Omar Al-Halbousi, warned of negative repercussions that might face the value of the Iraqi dinar if the Central Bank issued a 20,000 dinar banknote. The newspaper quoted al-Halbousi as saying, “Iraq does not need to print more currency, but rather needs to develop a monetary policy that contributes to achieving stability in the value of the dinar.” He pointed out that “the step of printing a new category leads to adverse damages that contribute to the decline in the value of the currency and raise inflation in prices, which burdens the citizen, in addition to exacerbating the economic and financial problems that Iraq suffers from as a result of the floundering decisions by the government and the central bank, all of which were counterproductive.”

And Al-Halbousi indicated that “printing a new monetary category will produce two types of inflation, the first is monetary and the other is price, and both of them pose risk factors for the national economy through high levels of inflation and the occurrence of economic stagnation.” Development of the financial system.

For his part, the Iraqi economist, Karim Al-Helou, believes that “the problem of the Iraqi financial market is not in the volume of cash flow or banknotes, and that the volume of the local currency in circulation does not constitute any problem, because more than 80 percent of the monetary mass is circulating in the market or with banks.

The newspaper quoted al-Hilu as saying, “The printing of any new category will not bring about any positive change, but rather it will constitute an increase in the monetary mass, which leads to an increase in the rate of storing money in light of a weak banking system, as is the case in Iraq, because of which burglaries and crime rates have increased.” In recent years, as a result of storing cash in homes instead of depositing it with banks.

He pointed out that “there is a contradiction between the government’s vision, which announced its intention to develop the financial system, pay bills and collect through an advanced digital system in the coming months, and between the Central Bank’s measures to plan the issuance of new denominations of paper currencies in the market.

Al-Helou called on the Central Bank to develop the financial digital system and improve banking performance in line with the development in the financial systems of neighboring countries and the world, instead of issuing new monetary categories and pumping them into the market to constitute an additional burden on the monetary masses and the national payment system.

(I still don’t believe they are actually going to print and use these new 20k notes. They already postponed the date from this June to the end of the year. Will they postpone this project again or maybe indefinity?)

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

AL-SUDANI: WE ARE WORKING DILIGENTLY TO PUT IN PLACE A RADICAL REFORM OF THE ECONOMY

 

Today, Saturday, the Sudanese Prime Minister, Muhammad Shia’a, affirmed that the fight against corruption has no red lines, while pointing out that “the government is working on a radical reform of the economy.”

During the founding ceremony of the Badr Organization, Al-Sudani said, “We will not hesitate to proceed with our government program to fight corruption, to present a quantum leap and to confront crises with determination,” stressing that “the government has worked to consolidate stability in the country.”

The Prime Minister added, our government is working diligently to put in place a radical reform of the economy,” noting that “the budget centered for the first time on the government program.

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

THE SUDANESE ADVISOR COMMENTS ON THE CONTINUED DECLINE IN THE “PARALLEL” PRICE OF THE DOLLAR

The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market.

Salih told Shafaq News agency, The decline in the exchange rate of the dollar in the parallel market and its start to converge towards the official exchange rate is mainly due to the success of the monetary policy of the Central Bank of Iraq in particular and the role of supportive government policies in general to deal positively and effectively in meeting the demand for foreign currency.

And he indicated that “facilitating and improving the procedures for necessary external transfers, and selling cash dollars through international compliance channels, to which the private commercial community and the general beneficiaries of foreign exchange in our country have adapted rapidly, after today’s international compliance procedures have become more flexible, more transparent, and broader governance.”

He added, “At the same time, it is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices,” noting that “foreign currency window sales today have reached their high levels in imposing stability and sterilizing liquidity.

The exchange rate of the dollar recently witnessed a clear decline, to reach today less than 1480 dinars per dollar, after it was in the past month exceeding 1500 dinars.

(They are reducing the dollar slowly but surely…. They need it to match the 1320 and then to 1132 as benchmarks to 1000.)

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

FOREIGN CURRENCY WINDOW AND THE STABILITY OF THE DINAR EXCHANGE RATE

  

The procedures of the Central Bank and the three packages issued by it to facilitate obtaining foreign currency for foreign trade purposes and cover travel, treatment and study expenses for citizens, and the strict adherence of banks to the instructions and controls for external transfer for the year 2023 and the due diligence instructions, and the Central Bank’s departments dismantled the obstacles facing foreign transfers operations in cooperation with international bodies.

Which led to the entry of new numbers of merchants and importers to the electronic platform, which raised the rates of foreign remittances amounts in the foreign currency sale window, which ranged between 150-200 million dollars per day, and this was reflected in bridging part of the gap between the official price and the price parallel to the exchange rate of the dinar against the US dollar, and we expect During the coming period, the dinar will continue to recover and its purchasing value in the market will increase.

We also expect that the central bank’s efforts will continue to issue new packages to facilitate external transfers.

The important thing in the increase in foreign currency window sales is to make sure 100% that all foreign transfers that are made according to the electronic platform are sound transfers according to international standards and that the foreign currency sale window is an economic indicator that achieves one of the goals of monetary policy. And that drawing accusations against the Central Bank and banks of wasting foreign currency without evidence proving the existence of suspicions of corruption, money laundering, or currency smuggling, and that the proposition that says selling currency is a waste of public money, this is a description that has nothing to do with the economic process.

History

It must be noted that the process of selling the currency window began to be implemented by the Central Bank on 4/10/2004 in implementation of Article 28 of the Central Bank Law No. 56 of 2004, which allows the Central Bank to buy and sell foreign currency, and work has continued on this process to meet the needs of the Ministry of Finance in terms of currency for the purposes of the operational budget, the purchase of dinars from the public for the purpose of controlling liquidity levels, which is known as the process of monetary sterilization on the one hand, and to rotate the dinar and resell it to the Ministry of Finance for the purposes of paying salaries and wages and securing government expenditures as well as meeting and covering imports, and maintaining the stability of the target exchange rate from the Central Bank.

And that the window for selling foreign currency is considered one of the largest open market operations in controlling local liquidity levels and placing the cash surplus in its proper paths, which is a good economic indicator and achieves one of the objectives of monetary policy, and this is consistent with what is practiced by” the Central Bank of Iraq of multidimensional functions, as it is concerned with financial stability managing the payment system, managing foreign reserves, licensing and monitoring banks and financial institutions, and setting up preventive controls, in addition to other tasks related to cash issuance and publishing economic data, indicators and forecasts.

And that the basic tasks that the central bank performs is managing monetary policy that aims to control inflation, stimulate the economy, balance the balance of payments, and achieve monetary stability.

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

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Articles End

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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