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 Mountain Goat 9/17/18

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PostSubject: Mountain Goat 9/17/18   Mon Sep 17, 2018 12:45 pm

September 17, 2018 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

UPDATE ON THE ELECTION SAGA

Information / Special …

The coalition of construction, SATURDAY, AS THE LARGEST BLOC BY WINNING MOHAMMED HALBUSI, HEADED BY THE PARLIAMENT BY NEARLY 160 DEPUTIES, indicating that the candidate of the prime minister can not pass without consensus with others.

The legal expert Ali Tamimi, on Sunday, in a press statement that "after the election of the Speaker of the Parliament and his deputies, the President of Parliament, Mohamed Halbousi will open the door to run for three days for the post of President of the Republic," noting that "the duration of the selection of the President must not exceed 30 days, The largest form of government within 30 days. "

He added that "THE LARGEST BLOC IS STILL NOT CLEAR, as it should be addressed to the Federal Court to know, for the President of the Republic to encircle its candidate to form his cabinet."

Al-Tamimi explained that "in the event of the failure of the President of the Republic in the selection of ministers after the expiration of 30 days (the constitutional period), this is considered a constitutional breach and the outcome of the session of parliament is subject to appeal before the Federal Court."

(Mnt Goat – so why does Muqtada al-Sadr, leader of the Sairoon Coalition, in a statement on Sunday claim he had reached an agreement with Iraqi leaders to form the new Iraqi government” )

The news of the Euphrates news that the Shiite House agreed unanimously and with the blessing of the reference nominate 'Adel Abdul Mahdi' as prime minister.

The sources confirmed that Sawsan and Fatah and the Kurdish parties and the coalition of Iraqi forces had gathered hours before their approval to nominate 'Abdul Mahdi'.




Our correspondent said in Iraq that the Iraqi parties reached a preliminary agreement on the next Government.

Assortment includes:

The Prime Minister Adel Abdul Mahdi (independent)

Office Manager Mohamed hachmi (Abu Jihad) with the rank of Minister. (Upper/open)

Rafi Abdul Jabbar Al-Azzawi Secretary Premiership (walkers)

Defense Minister Khalid Al-Obeidi (victory and joined bsaeron)

Interior Minister Ahmed Jassim Asadi (open)

Foreign Minister Selim Jabouri (national)

Finance Minister روژ Nouri sauish (Kurdistan)

Minister of planning Dr Magda Tamimi (walkers)

Oil Minister diplomat takes (State law/open)

Chief Sheikh Saadi integrity (walkers)

Health Minister martinka555 (axis)

Agriculture Minister Mohamed sheyaa (State law/open)

Transport Minister Yasin (walkers)

Ministry of education Dr Naim slavish (honest open)

The Justice Department, Dr Salah Sana (wisdom)

Minister of higher education Dr. Raed Fahmi (alshuai party/walkers)

Youth and Sports Minister Abdul Hussein abtan (wisdom)

Minister of labour and Social Affairs nahida Al-Tamimi (project)

Minister of industry and minerals Dr Haitham Al-juboori (open)

National security advisers Dr Khalid Al-Ya'qubi (Conference/open)

Minister of municipalities-yet-(honest/open)

Nothing has been voted on yet so relax and is not final. At least they are now talking about these positions. This could be an exciting week to get this election saga finally over.

Remember it’s not over until the fat lady sings. Of course, some certain TNT Tony fat, and other gurus, keep trying to sing their own song (version of reality) but this does not count.

More news….

Here we go again…..So here is an article from the CBI:

“CBI decided on 12 Sept 2018 to perform public auction No.(D208) to sell CBI Securities for (182) days and for (100) Billion IQD, The remittance was sold for (60) Billion IQD with multiple interest price and with the highest cut off price (2.50%), The number of participant was (4), Only (3) Bank won the offered amounts.”

https://cbi.iq/news/view/842

TNT Idiot say:

NOTICE THAT NO MORE DOLLARS ARE BEING SOLD AT AUCTION. NOW, THE CBI SECURITIES ARE BEING SOLD FOR 182 DAYS AT 100 BILLION IQD. NO MORE DOLLAR DISTRIBUTION IS GOING ON BETWEEN BANKS FOR 182 DAYS. LET'S SAY THAT AGAIN. NO MORE DOLLARS BEING SOLD BETWEEN IRAQI BANKS FOR THE NEXT 182 DAYS. ONLY THE DINAR CAN BE USED.

LET'S TAKE A CLOSER LOOK AT THE ABOVE NOTICE. SECURITIES ARE TRADED IN A SECONDARY MARKET. WHAT THIS MEANS IS THE CBI HAS BEEN DISTRIBUTING ITS OPERATIONAL BUDGET ACROSS IRAQI BANKS, SO THEY CAN DEVELOP A MARKET BASED INSTRUMENT OF MONETARY POLICY AND FACILITATE THE ISSUANCE OF MOF SECURITIES. A SECONDARY MARKET IS A FINANCIAL MARKET WHEREBY PREVIOUS STOCKS, BONDS, OPTIONS, AND FUTURES CAN NOW BE BOUGHT AND SOLD. THIS ALSO INCLUDES LOANS THAT CAN BE SOLD TO INVESTORS. THIS IS NOT SOMETHING THAT CAN BE DONE ON A PROGRAMMED RATE.

Mnt Goat:

NOT True! More clarification on this TNT bullshit. Where in the article does it say the CBI will no longer sell US Dollars? Just because they are holding THIS public auction and selling securities and of course they are going to sell them for dinars not US dollars. This does not end the auctions of dollars. Get it?

TNT Idiot Says:

NOW, LOOK JUST A LITTLE CLOSER at the article. WHEN YOU BUY AND SELL GOVERNMENT SECURITIES IN BANKING, YOU HAVE JUST GONE INTO AN OPEN MARKET OPERATION. HERE IS WHAT AN OPEN MARKET OPERATION SYSTEM DOES. IT BUYS AND SELLS GOVERNMENT SECURITIES IN THE OPEN MARKET TO EXPAND OR CONTRACT ANY AMOUNT OF MONEY IN THE BANKING SYSTEM THAT IS NO LONGER EXCLUSIVE IN IT'S SCOPE OF TRADING WHICH IS NOW BEING DONE ON AN OPEN MARKET.

Mnt Goat: This article DOES NOT say that the CBI is selling these securities on the open market. In fact they are specifically telling us only 3 banks participated and thus wanted to participate. The banks purchased these securities from the CBI. Get it? It is very clear to me in the article but of course these TNT idiots have to make hype over everything they read. Did they even pass the first grade reading class? What’s the problem here? Seems they are smoking too much of the weed these days…

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

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

URGENT .. WITH THE SUPPORT OF THE REFERENCE .. SURAT AND FATAH AND KURDS AND THE COALITION OF IRAQI FORCES, "SUPPORT ADEL ABDUL MAHDI, AS PRIME MINISTER”

17-09-2018

The Euphrates -

The news of the Euphrates news that the Shiite House agreed unanimously and with the blessing of the reference nominate 'Adel Abdul Mahdi' as prime minister.

The sources confirmed that Sawsan and Fatah and the Kurdish parties and the coalition of Iraqi forces had gathered hours before their approval to nominate 'Abdul Mahdi'.

Sources revealed to the news that yesterday a secret meeting was held at the Good Hotel between the French Ambassador and Hadi Amiri in the presence of the British ambassador ...

This strong entry of France behind the harmony of Iran and France in several regional and international files and perhaps the most important Iranian nuclear file.

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

PRESS CONFERENCE RELEASE OF THE RESULTS OF MEDIA MEETING WITH THE GOVERNOR OF THE CENTRAL BANK OF IRAQ

(Mnt Goat – this press release is in a question and answer format. It is very informative and answers many of our questions. It also shows us that there are many rumors that have been floating around. One of which was about Iraq already using the Euro to trade with Iraq. This article is telling us the CBI stopped using the dollar way back as far as 2012. )

Economy News Baghdad

Press interview with the governor of the Central Bank, Ali Alalak, on Monday said,

"The Central Bank will launch in coordination with the banks an initiative to rehabilitate the bridges of Baghdad along the lines of the initiative of Baghdad, which was launched to rehabilitate the public squares," he said in a press interview with the official newspaper "Al-Sabah".

And so the rest of the dialogue.

Question: Of the things that are calculated for the central bank is the exchange rate stability, how it is that? What are your future plans in this direction?

- The stability of the exchange rate is one of the macroeconomic features, and is an IMPORTANT INDICATOR OF THE STABILITY of the country economically, which makes it A KEY TASK OF THE CENTRAL BANK, as stated in the law, because it is directly linked to the purchasing power of citizens, This means that any disruption in the standard of living of the citizens may increase the challenges faced by the government, so we have worked hard to stabilize the exchange rate and reduce inflation rates.

We have succeeded in overcoming a very complex and challenging phase, especially when the country's oil revenues have fallen to 70 percent in some months, in light of the war against terrorist gangs by setting a set of balances that have made inflation no more than 2 percent.




Question: Will the value of the Iraqi dinar remain the same or is there an intention to raise it?

- The exchange rate in Iraq follows a monetary policy based on the fixed exchange rate of the dinar and this does not mean absolute stability, may come under some circumstances may increase or reduce it according to various economic data.

We are currently moving towards NO CHANGE IN THE VALUE OF THE DINAR, AS IT IS NOT RIGHT TO MAKE CHANGES UNDER COMPLETELY UNSTABLE CONDITIONS, which may confuse the overall situation.

(Mnt Goat – so here Alalak is telling us the CBI does not plan on changing the rate of dinar due to still “UNSTABLE CONDITIONS”. There words not mine… Why all this hype now about an RV this week? Who told you this? Go back and ask them for proof then.)

Question: Why are not there large quantities of small coins, and what is the reason for the absence of metal groups?

- We have small currencies in the appropriate quantities, but the frequent movement and circulation and use and lack of attention to lead to damage quickly, as the Central Bank of Iraq after 2004 to mint coins in large quantities but did not receive acceptance or popularity in the local market, which caused losses, Because the market has been accustomed to paper currency making it difficult to market the coin.

So the central bank recently put in place a plan to compensate for the existing small categories damaged, as next month will be large quantities of them will meet the needs of the market completely.

(Mnt Goat – So here it is again. Alalak talks about NEXT month meaning October to do something with the paper notes. What is this action? I quote from the article he says “to compensate for the existing small categories damaged”. So he does specifically say to replace the EXISTING small categories meaning 50 250 and 500 notes. Get it? Please stop all these ridiculous rumors about launching the other lower, lower denominations without any proof. Yes, the gurus are all a bunch of idiotic liars. How much of their mindless stuff can we take? Can’t they even read? Did they even pass their first grade reading lessons?)

On the other hand, we receive a lot of damaged banknotes and replace them with new banknotes through an expanded committee that checks them to make sure they are correct. Our doors are open to citizens to receive any amounts of damaged currency.




Question: Where does the central bank print the local currency?

- We print in international companies, possess enough capacity to print banknotes within the advanced security standards in France, England and Germany, the design is by the Central Bank, and the paper used in printing is very high specifications.

The Central Bank is trying to print non-counterfeit paper. We have succeeded in this. The counterfeit quantities are very few and negligible, and we have very advanced equipment in the electronic and electronic detection of counterfeit currency, called comprehensive machines, so we do not rely on human effort Just.

Question: The central bank has recently offered the category of 50,000 dinars, is there an intention to put the category of 100 thousand?

- These ideas are traded by the Central Bank, but at the present time, there is a tendency in some countries to reduce the categories of currencies so as not to be stored or counterfeited, and that the currencies of small groups, may lead the citizen to bid farewell to banks for the difficulty of storage.

But generally THE CENTRAL BANK HAS A FUTURE PLAN TO RESTRUCTURE THE IRAQI CURRENCY, INCLUDING THE DELETION OF ZEROS, but that plan needs deliberate steps, and a stable situation in order not to be exploited in the fraud and other.

(Mnt Goat – so again Alalak confirms that the CBI needs stability to continue with the project to delete the zeros. Why? He tells us and says its due to “not to be exploited in the fraud and other”. OH man , oh man can it get any clearer? Why make up all these ridiculous bank stories about an RV tomorrow or any day / every day? Do you think Iraq is now politically stable? If it were why wouldn’t Alalak just tell us it was stable and they were moving forward again with the project to delete the zeros. This was his news media opportunity. But he didn’t day it. I can’t read his mind and I can only go by what the hell he is saying…nothing more. NO Hype, NO Rumors, NO Opinons…..just the FACTS!

Please go read my Facebook Notes on the “project to delete the zeros to understand it much better and you can see how this news fits directly into the plan.

Link

=68.ARA1piWr4nUX_4KhLGEJmebeTXbP2bbTtv05VVVkwGLvNPONW8hlRvDeAJM-9PZmTSfm3lpzIFTwtTAgcIdMuQh_01IUPxnRo05z7b4EgC6SQY5Ih96EvsH6WFBxmNJ00HZEeEFycc7B4zdZlBMiHHhOAO4EUAIfjkKt-Zpy5XrfVU7xnkot&__tn__=K-R]https://www.facebook.com/notes/latest-mnt-goat-news-letter/the-project-to-delete-the-zeros-explained/723333494668712/




Question: How does the dollar sell in the central bank or what is known as the currency auction?

- It is a common mistake now to talk about the currency auction in some media and social networking sites, WHILE THIS AUCTION HAS BEEN SUSPENDED SINCE 2006, but what is happening now is the process of financing the foreign trade of the dollar, covering the country's needs for import in addition to the requirements of travel and treatment And the transfer of profits resulting from investments and others.

(Mnt Goat – so technically the currency auctions have already ended. So they CBI now has another process that sound very similar however and still must convert dinar to dollars. So don’t get excited. )

The government gets the dollar through the sale of oil and then replace the dollar with the Iraqi dinar from the central bank, because the balance of the state's financial dinars, and then the central bank to withdraw the local currency from the market and replace them in dollars, to maintain monetary stability.

The process of withdrawing the dinar by meeting the market need of the dollar represents a revaluation of the local currency, and this method does not represent the diligence of the Central Bank, as its law provides for the sale of foreign currency in a simple and unconditional manner, in addition to the existence of an agreement between Iraq and the IMF International approved by the House of Representatives in 2008 provides for this.

The situation in Iraq is different from other countries, BECAUSE OF THE LACK OF DIVERSITY IN THE FINANCIAL REVENUES OF HARD CURRENCY OTHER THAN OIL, as the Iraqi private sector is UNABLE TO SUPPORT THE LOCAL MARKET IN DOLLARS THROUGH IMPORTS, which makes the market depends entirely on trade finance through the central bank.

(Mnt Goat – Alalak comes right out and tells us one of the economic problems with keeping the rate of the dinar so low. He says “BECAUSE OF THE LACK OF DIVERSITY IN THE FINANCIAL REVENUES OF HARD CURRENCY OTHER THAN OIL”. Can it get any clearer that they must diversify the economy and grow it?)




Question: How much is the central bank's reserve of foreign currency and what is the size of the local currency's currency?

- The size of the cash reserve of foreign currency is always measured to the size of the currency mass of the local currency in the market, in addition to other international standards, especially as the International Monetary Fund recently developed a new standard, which added the ability of the state to cover trade and debt repayment.

As for the Central Bank of Iraq, it has a RESERVE OF FOREIGN CURRENCY IS VERY COMFORTABLE WITHIN INTERNATIONAL CLASSIFICATIONS AND IS AHEAD OF OTHER COUNTRIES, COMPARED TO THE MASS OF CASH OFFERED BY THE LOCAL CURRENCY, as the reserve is close to 60 billion dollars, compared to 43 trillion dinars, which means it covers 170 percent of the size the monetary bloc, especially as the Arab Monetary Fund considers Iraq to be a country that exaggerates the size of reserves of foreign currency.




Question: Are there any bodies that monitor the reserves of foreign currency and can the central bank act in such funds?

- The supervision is subject to several levels, foremost of which is the Internal Control Department of the Central Bank, in addition to an audit committee composed of independent observers who report to the Board of Directors of the Bank. The Committee also supervises the Internal Audit Department of the Central Bank. In addition, On the final accounts of the Central Bank, the data of this office are internationally accredited by the international financial institutions, not to mention the ongoing monitoring by the Office of Financial Supervision.

The Central Bank of Iraq is the most institution subject to the multiplicity of regulatory bodies, and can not be disposed of any amount except within the standards provided for in the law and adopted internationally, so the rumored lack of reserve or conversion are all false rumors.

What happened during the past years, from the decline in oil prices sharply, so did not stop the revenues in some months to fill the salaries of employees, made the Central Bank to two options, either the collapse of the situation or intervention to save, so the government issued treasury transfers worth 20 trillion dinars, and we bought them from the market, which affected the size of the cash reserve at the time, but we maintained the balance by maintaining the reasonable level of this reserve in exchange for meeting the need for the budget and maintain the exchange rate and inflation rates, this achievement is recorded to the Central Bank and has become highly praised by international organizations.




Question: How do you evaluate your relationship to the country's fiscal policy?

- There is a close relationship, but along the line fiscal policy negatively affects the monetary currency, because the first may take certain trends do not benefit the second, for example when he notes a decline in foreign exchange reserves draws criticism to the central bank, but in fact When the budget law recognizes a financial deficit and provides for the deficit to be met by treasury transfers, it means that such remittances will be financed by the central bank.

Question: Is the number of private banks exaggerated, and how do you evaluate their work?

- When I took responsibility, I found that the number of private banks and transfer and exchange companies outweigh the need of the market, as we did not grant any new license to open a commercial bank or leave a banking company, and we have canceled the financial transfer companies, with an intention to restructure banking companies, leading to control the biggest is there is a plan to merge some banks.

But granted us licenses to open a number of Islamic banks based on the facilities provided by its law as the Council of Representatives put a paragraph to help establish the reduction of capital required at the establishment.

There are currently 70 banks working in the country, 20 of which are branches of foreign banks, but most of them are newly formed, so did not reach the level of ambition, and these banks worked under exceptional circumstances passed by the country.




Question: The initiatives of private banks to lend to citizens are very limited. Why?

- As you know, the main task of banks is to provide credit through the granting of loans and other services, in return, take the money of depositors and give them a percentage of interest, but Iraqi banks in general have great difficulty in the practice of this activity, when you grant a loan, often does not meet the borrower to pay on Despite the large guarantees taken by banks and the high interest rate, as borrowers could be up to 20 percent. The problem is that when the bank starts its actions against the borrower, for example, the property is facing a significant delay in legal proceedings by other parties, in addition to tribal or partisan threats, which makes banks afraid to grant loans. Recently, there has been talk of replacing the dollar with other currencies in remittances with Iran.




Question: Because of US sanctions, how will this be done?

- The transfer of the dollar from Iraq to Iran has been suspended since 2012, and the Iranians are aware of this, as the conversion in other currencies, because ANY TRANSFER OF DOLLARS WILL PASS THE US FEDERAL RESERVE, WHICH LEADS TO THE SUSPENSION OF THE TRANSFER.




Question: Is there a control of the Central Bank in its branches in Kurdistan?

-

There was an abnormal situation in the status of branches of the Central Bank in Erbil and Sulaymaniyah, where it belongs to the Ministry of Finance in Kurdistan and this represents a violation of legal and constitutional, at a time that all countries of the world have one central bank, so we moved with the provincial government and AGREED WITH THEM TO CLOSE THOSE BRANCHES, AND THE OPENING OF A NEW, SO THE CENTRAL BANK OPENED ITS NEW BRANCH IN ERBIL AND WILL OPEN ANOTHER BRANCH IN SULAYMANIYAH, as the central bank is currently playing its full role in Kurdistan.

(Mnt Goat – this confirms again what I have been saying about the need for the KRG to come up to standards with the one CBI. The KRG was also the last of the provinces to move to electronic banking, something needed for the project to delete the zeros. Why in hell would you reinstate your currency if you don’t have complete control over it? Get it? So all these false claims of some RV over these past years. Folks this is not rocket science here. Just read the news and learn what is going on. Then when these idiot gurus try to pull the wool over your eyes tell them they are liars because you know the FACTS and the TRUTH!)




Question: What is the role of the Central Bank in supporting the initiatives and community activities, such as the Baghdad Initiative launched by the Association of Iraqi private banks?

- We are working in the Central Bank to stimulate social contributions and initiatives by the banking sector and other financial institutions. We have established an optional fund called Tamkeen, in which banks and exchange companies participate in monthly amounts. We have established an internal system for this fund and a board of directors. As well as environmental and youth.

Within this fund, we coordinated with the Ministry of Agriculture to dig artesian wells in some Iraqi provinces to contribute to solving the water scarcity experienced by the country, as we seek to launch the initiative to rehabilitate the bridges of Baghdad in order to appear properly.




Question: Honored by the Union of Arab Banks as the best Arab central bank governor, what are the most important achievements that led to this honor?

- We, as a central bank, have close relations with central banks and international or Arab organizations, and those relations we have worked to deepen in order to benefit from those institutions in the transfer of the central bank from a bank that works with the mechanisms, standards and objectives of the twentieth century to another working in the 21st century, We have succeeded for a long time in introducing new functions and tasks in the Bank's work related to financial and monetary stability, developing methods of monitoring and abiding by the rules, methods and standards of combating the laundering of illiteracy. Terrorism financing, risk management, overall quality and economic modeling.

The US Treasury Department said that the efforts exerted by the Central Bank in this regard are equal to the effort it has made in its previous history, as Iraq was classified in the financial organization responsible for the classification. The countries within the framework of money laundering, within the gray area, and his way to enter the black area, to become a financially isolated area and the Iraq assessment report contains 700 observations.

IN THE PAST FEW MONTHS, WE HAVE BECOME THE NORMAL FOLLOW-UP REGION, as we have been in the world, in the face of the great challenge that the country has experienced in terms of security and finances. So they have become very impressed by financial institutions such as the Federation of Arab Banks.

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

HIGHLIGHTS FROM THE MONDAY PRESS RELEASE WITH CBI & NEWS MEDIA MEETING

Roudao - Erbil

The governor of the Central Bank, Ali Alaak, on Monday, the existence of a plan to delete zeros from the local currency, noting that "this plan needs to deliberate steps, so as not to be exploited in the fraud."

Al-Alak said in a statement to the official Sabah newspaper that "currencies with small categories, may lead the citizen to bid farewell to banks in the difficulty of storage."

He added that "the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation in order not to be exploited in the work of fraud and others."

He explained that "the Central Bank has a reserve of foreign currency very comfortable, approaching close to $ 60 billion, compared to 43 trillion dinars, which means that it covers 170 percent of the size of the mass of cash."

On the launch of the currency of the category of 100 thousand dinars, the central bank governor pointed out that "these ideas are traded by the Central Bank, but at the present time regret it."

The central bank introduced in April a project to delete three zeros from the currency, in order to confront inflation and stimulate the economy, but was forced to stop because of the deterioration of the security and political situation in the country "to prevent manipulation and fraud of weak souls."

(Mnt Goat – just the fact that the CBI is now talking about this project again is good news to us. So here are many tid bits of information on the project. We see it was in fact halted in April 2018. Surprised? So how can it be certain then by these gurus idiots that it had to go first by “the end of April” then by the “end of May”, then by the “end of June”. Here is proof they are liars. Like I keep saying the CBI is in charge of the reinstatement not some banks in the US. Their information is totally useless.)

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

THE CENTRAL BANK OF IRAQ INTENDS TO PUT LARGE AMOUNTS OF CURRENCY OF SMALL GROUPS NEXT MONTH

17-09-2018

The Euphrates -

The governor of the Central Bank Ali Al-Alak, on Monday, the intention of the bank to put large amounts of currency from small groups in October next, pointing out that it is a plan to COMPENSATE FOR THE EXISTING SMALL GROUPS DAMAGED.

Al-Aalak said in a press statement that "we have small currencies in appropriate quantities, but the movement and circulation, use and lack of care of them lead to damage quickly, as the Central Bank of Iraq after 2004 to mint coins in large quantities but did not receive acceptance or popularity in the local market, Which caused his losses, because the market was accustomed to the paper currency, which makes it difficult to market the currency.

He added that "the central bank recently put in place a plan to compensate for the existing small categories damaged, as next month will be large quantities of them will meet the needs of the market completely."

"THE BANK RECEIVES A LOT OF DAMAGED BANKNOTES AND REPLACED THEM WITH NEW BANKNOTES through an expanded committee to examine them, to make sure their validity, our doors are open to citizens to receive any amounts of currency damaged.

(Mnt Goat – so here it is again today yet another article telling us that the plan now is ONLY to replace these existing lower category notes ALREADY in circulation. Get it? Can it get any clearer? Please stop making more of this article than it is. This does NOT mean they are going ahead with launching more of the lower lower category notes, something we need to see prior to the reinstatement. So relax!)

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
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