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Mountain Goat  8/24/18 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mountain Goat 8/24/18

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Post by Mountain Goatee on Fri Aug 24, 2018 11:57 am

August 24, 2018 Mnt Goat News Brief


Hi Everyone,


I bring you much news today.


As we wait for a decision by the CBI on the reinstatement of the dinar, we are witnessing more and more pressure from Iran to conduct business with Iraq in spite of the sanctions. They are now even attempting to drive down the rate of the dinar by smuggling counterfeit US dollars over the border, thus weakening the dinar. This is economic war. I guess they feel that Iraq is “their brother” and should not obey the US sanctions.


So we are still being told the negotiations with the Kurdistan parties will be completed by the end of Eid al-Adha holiday on Aug 25th. And the announcements of the new government will be made at this time. So I expect it sometime this weekend. We are hearing the new FIRST session of parliament to swear in the new members and establish the new speaker will take place (or targeted to take place) on Tuesday Aug 28th.


Other than this news its now all about the sanctions and the impact on Iraq. 


I suggest everyone read today’s Newsletter carefully. It is chock full of important news you should be aware of and educate yourself and get off this hype of an imminent/every day/ any day hype over an RV.


I also just posted a new FACEBOOK Note about news on this damned ZIM currency that everyone is being suckered into buying and thinking its going to make them millionaires and some even billionaires. WOW! I suggest everyone go read it and listen to it. I really can’t believe how stupid and gullible people can be listening to these gurus pulling off this scam. Yes, they actually have many of convinced that this worthless/expired/illegal tender is going to make you rich someday… lol … lol … lol… Are you crazy or what?


More news…


UPDATE ON THE ELECTION SAGA (that seems just won’t end…lol.lol.. )


BAGHDAD / Brent McGurk, the envoy of US President Donald Trump, has held an extensive meeting with leaders of the National Axis Alliance in Arbil two days ago. The visit of McGurk and his meeting with the leaders of the Democratic Party and the Sunni leaders came after the coalition tried to withdraw the Sunni and Kurdish leaders to their side."


The media advisor in the office of Democratic Party President Kifah Mahmoud said that" The Kurdistan Alliance represented by the Democratic Party and the Patriotic Union of Kurdistan received guarantees from some political parties in return for entering the alliance to form the largest bloc.


The Kurdistan Democratic Party (KDP) revealed on Tuesday (August 21, 2018) that it had obtained 5 guarantees from some political forces in exchange for joining the largest bloc.


So now we know this is done. We were told earlier in the week this meeting was taking place and so now it is accomplished.


What next?


He noted that "Trump's envoy is still in Arbil and there is a possibility to travel to Sulaymaniyah to resolve another issue.


Information / Baghdad: Ali al-Sunaid, leader of the victory coalition headed by Prime Minister Haider al-Abadi, said Wednesday that the largest bloc will be announced immediately after the Eid al-Adha holiday, pointing out that the alliance nucleus of the largest bloc are meeting of a high delegation of Kurdish leaders in Baghdad in the coming days.
Eid al-Adha holiday is Aug 22nd -25th.


https://www.timeanddate.com/holidays/iraq/



Al-Sunaid said in a statement that the alliance are now meeting in Baghdad a high-level Kurdish delegation has discussed the formation of the largest bloc and come out with a unified vision, “stressing that” the alliance of victory is open to all political blocs. “


“The United States and Saudi Arabia are pushing for the formation of a strong government in Iraq,” said Hassan al-Salem, leader of the Fatah alliance, in a statement to Al-Maaloumah on Wednesday, pointing out that these efforts stand against half of the popular crowd and aim to weaken it.


(Mnt Goat -So we see, like in other elections, the election comes down to the Kurdistan region’s votes once again to decide and maintain the largest bloc. )
(Basnews) IN Iraq US Stepping up efforts in support of Abadi’s Second Term ERBIL — An official from the Iraq’s Islamic Da’wa Party, led by Nouri al-Maliki, has revealed that the United States is mounting pressure on political factions to support Haider al-Abadi reassume position of Iraqi premier.


The United States of America is looking for a prime minister [for Iraq] who is its own friend, and a foe of Iran,” Sami Askari, an advisor to Maliki, told BasNews. He explained that Washington’s position in the matter is because it fears some figures, especially those from Iranian-backed Fatih Coalition, to take over Iraq’s premier office. However, the official said, neither the Da’wa party nor the State of Law Coalition are insisting on a figure from their own party to be elected as next Iraqi prime minister. Jasim Bayati, a leading figure from Fatih Coalition, has also confirmed that Washington is now clearly and strongly supports Abadi. He claimed that the US special presidential envoy, Brett McGurk, is also visiting Iraq now to enhance Abadi’s second term. Bayati claimed that Abadi’s recent position in supporting Washington’s sanction reposition on Iran has won him US backing.
(Mnt Goat- so of course this is the stance of the US especially now with the new sanctions and the upcoming sanctions this fall. They want Iran out of Iraqi politics…period. It is unfortunate they are also the very reason why Iran is now and has been in the past so entrenched in Iraq.)


More news….


The Iranian strategy is to inject a large, counterfeit Iraqi currency into Iraqi markets and push for increased demand for the US dollar by local traders.
If Iraq can not cope with the smuggling of fake Iraqi dinars into its territory, this strategy will force the CBI to pump double amounts of dollars into the country's markets to preserve the value of the local currency, allowing a greater dollar liquidity, To Iran, to satisfy its needs of the US currency.



According to the sources of the "Arabs" in Baghdad, "the economic interfaces, the pro-Iranian Iraqi militias, is implementing this strategy, through the use of Iran at the border crossing between Iran and Iraq, to introduce the counterfeit Iraqi currency to the country."


Observers say tougher Iraqi actions on the border with Iran will not deter Tehran from pursuing this strategy, which could be one of the few ways to get Tehran's need for the US dollar.


"This war is related to the controversy surrounding the future of Iraqi Prime Minister Haider al-Abadi and his ambition in a second term, which is a strong Iranian objection," they add. Abadi will try to "convince the United States of his right to this position by addressing Iran's attempts to circumvent US sanctions."


(Mnt Goat – Why is this so important to us and the RV? Everyone should know this answer by now. IT IS BECAUSE THIS WILL INCREASE THE DEMAND FOR THE US DOLLAR, THUS DRIVE DOWN THE RATE OF THE DINAR.


This is due to two reasons: 


1.the de facto peg of the dinar solely to the US dollars, 


2.the need to still buy US dollars at the currency auctions using Iraqi dinar.


This will bring Iraq into non-compliance by the IMF for the MCP practices.


So I told everyone that these new sanctions were going to cause havoc in Iraq and will be the next reason to stall the RV. Believe me now? AND the really big sanctions are not even in force yet. This come later this fall. The best thing that could happen is that Iran capitulates and at least decided to bargain and negotiate with the US and these sanctions are lessened or stopped. But I do totally agree with the Trump administration and what they are doing. We do not need a nuclear Iran as Iran is on a quest for dominance in the middle east and will stop at nothing to get it. They are using religion as their brainwashing tool to get the men to fight. Will this happen soon?
The answer to the problem?


Reinstate the dinar, get off the peg to the dollar and re-peg to the SDR basket of currencies. Use the dinar to conduct business. Issue the new lower category notes thus redenominate. Outlaw the use of the dollar in Iraq.)


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Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks. 


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


Articles Begin


AMMAR AL-HAKIM SAID IT WAS DANGEROUS FOR IRAQ NOT TO COMPLY WITH ECONOMIC SANCTIONS IMPOSED BY THE UNITED STATES ON IRAN
The leader of the National Wisdom Movement, Ammar al-Hakim, said on Wednesday that it was dangerous for Iraq not to comply with economic sanctions imposed by the United States on Iran, calling on Washington to reconsider these sanctions.


“We are aware of the seriousness of non-compliance with the sanctions imposed by the United States on Iran for economic-minded countries such as Iraq,” Hakim said in his Eid sermon in his office in central Baghdad.


“We demand the United States of America to reconsider the option of imposing sanctions and embargo on the Iranian people and excluding Iraq from them,” he said.


“We say it frankly and without fear of anyone, we will not accept the imposition of unjust economic sanctions on the people, and we will not allow the interests of our country to be jeopardized,” Hakim said.


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


UNITED STATES SANCTIONS AGAINST IRAN ARE ILLEGAL, SAID DRISS AL-JAZAIRI, EXECUTIVE DIRECTOR OF THE UN HUMAN RIGHTS OFFICE
BAGHDAD (Reuters) - United States sanctions against Iran are illegal, said Driss al-Jazairi, executive director of .the UN Human Rights Office in Geneva, on Wednesday, August 22, 2018 These sanctions are destroying the Iranian economy and negatively affecting the lives of civilians there," the" .statement said Re-imposing sanctions on Iran after the unilateral withdrawal of the United States from the Iranian deal, which" was unanimously approved by the UN Security Council with the support of Washington itself, demonstrates the ".illegality of these actions The Algerian pointed out that in accordance with the Charter of the United Nations, sanctions can only be imposed ".by a resolution of the UN Security Council "to avoid such absurd consequences.


He stressed that sanctions "SHOULD NOT VIOLATE HUMAN RIGHTS AND MUST HAVE A LEGAL BASIS", IN WHICH CASE ALL THESE STANDARDS ARE LACKING. These are unjust and harmful sanctions, destroying Iran's economy and currency, pushing millions of people into poverty and making many imported products unavailable to them, he said.
He urged US authorities to allow the supply of agricultural products, food, medicines and medical equipment to .Iran At the same time, the UN official welcomed the decision of other countries not to participate in this "economic bullying" towards Tehran. He hoped that the international community would not allow the world to become an economic battleground.


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


IRAN IS PURSUING A NEW STRATEGY TO SUPPLY ITS US DOLLAR NEEDS BY WORKING TO REDUCE THE IRAQI DINAR EXCHANGE RATE


Baghdad - Iraqi officials have revealed that Iran is pursuing a new strategy to supply its US dollar needs by working to reduce the Iraqi dinar exchange rate.
Iran faces major difficulties in obtaining the dollar, after US sanctions have been imposed on it, and has been barred from using the currency in its international dealings.


The Iranian strategy is to inject a large, counterfeit Iraqi currency into Iraqi markets and push for increased demand for the US dollar by local traders.
If Iraq can not cope with the smuggling of fake Iraqi dinars into its territory, this strategy will force the CBI to pump double amounts of dollars into the country's markets to preserve the value of the local currency, allowing a greater dollar liquidity, To Iran, to satisfy its needs of the US currency.



According to the sources of the "Arabs" in Baghdad, "the economic interfaces, the pro-Iranian Iraqi militias, is implementing this strategy, through the use of Iran at the border crossing between Iran and Iraq, to introduce the counterfeit Iraqi currency to the country."


According to government sources, "the commander-in-chief of the Iraqi armed forces, Prime Minister Haider Abadi, directed the relevant military and security forces, to address the smuggling operations of Iran."


The sources confirm that "Abadi depends on a limited number of reliable Iraqi officers, in the implementation of this process, given the broad influence that Iran has in many sectors of the military establishment."
Iraqi border posts with Iran have tightened checks on trucks coming from the eastern neighbor.



And led the Iraqi actions intensified, to control about one billion Iraqi dinars of counterfeit currency, coming from Iran. In all cases smugglers were linked to companies linked to pro-Iranian Iraqi militias.


Iraqi officials say Baghdad has already beefed up its measures to prevent the smuggling of dollars from Iraq into Iran, in response to US sanctions, but now focuses on preventing the smuggling of counterfeit currency from Iran to Iraq. "The start of the implementation of a special intelligence security plan to pursue attempts to introduce counterfeit currency to the local market in the provinces of Maysan, Dhi Qar, Muthanna and Wasit," in southern and central Iraq, said Major General Ali Daaboul, head of operations of Rafidain, part of the Iraqi Ministry of Defense.


"The security teams and the intelligence cells continue to follow up on any suspected cases in order to deal with them in security," Daboul said.


The Anatolia news agency quoted an Iraqi Interior Ministry officer as saying that "the border crossings have received orders for the need for strict inspection to thwart any attempt to introduce a counterfeit currency from the neighboring countries."


He added that "security forces seized during the past few days fake Iraqi currency at the port of Shalamjah border with Iran, and was seized and arrested involved in bringing the amounts of money," without specifying the value. Iraq has four land ports with Iran: Zurbatiya in Wasit, Shalamjah in Basra, Manziriyah in Diyala and Shib in Maysan.


Observers say tougher Iraqi actions on the border with Iran will not deter Tehran from pursuing this strategy, which could be one of the few ways to get Tehran's need for the US dollar.


"This war is related to the controversy surrounding the future of Iraqi Prime Minister Haider al-Abadi and his ambition in a second term, which is a strong Iranian objection," they add.


Abadi will try to "convince the United States of his right to this position by addressing Iran's attempts to circumvent US sanctions." It was expected that Iran would flood the Iraqi market with counterfeit currency as part of its plan to face the shortage of foreign currency in the domestic market in order not to see the Iranian riyal further losses in the exchange rate. Iran has prepared its arms at home to implement the plan early, before US sanctions take its direct implementation. Observers say no one can fail the plan because of Iran's breakthroughs over the years of its dominance in the fragile state of Iraq, noting that Iraqi political leaders have mobilized to stand with Iran in their potential conflict with the United States.


The Iraqi observer pointed out that what can be achieved by these leaders does not amount to the level of Iranian need for hard currency without the disruption of the exchange rate of the Iraqi dinar, which could lead to the Iraqi economy to witness further collapse, which may lead to widening the circle of protests In the country, which will be directed this time against Iranian hegemony directly.


The observer said in a statement to the "Arabs" that the plan of the Iraqi Prime Minister to deal with the smuggling operations from both sides to positive results because of the difficulty of controlling the border between the two sides under the Iranian breakthroughs of the Iraqi security services and the control of pro-Iranian militias on border cities in addition to the arrival of leaders of those militias To political decision-making centers.


He stressed that it is difficult to predict the size of the losses that will be the Iraqi economy because of US sanctions on Iran, pointing out that what is important for the Iraqi government not to end its work in a way that appears as if it was the cause of a new chaos, the collapse of the Iraqi dinar caused directly.


He questioned the usefulness of these government measures, saying that no matter how accurate they will not be able to stop the smuggling of currency between the two sides.


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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.


In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. Let us all now know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the revaluation of the Iraq dinar occurs.


PRAYER


“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republic of Iraq and the United States of America to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.
In the name of Jesus Christ our King and Savior, Amen”


Auf Wiedersehen
Much love to ya all,
Mnt Goat
Mountain Goatee
Mountain Goatee
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