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 Mountain Goat 11/23/18

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Mountain Goatee
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PostSubject: Mountain Goat 11/23/18   Fri Nov 23, 2018 9:04 am

November 23, 2018 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

Hope everyone had a very nice Thanksgiving in USA. Remember having our freedom and comforts (food, clothing, housing and jobs) is so much to be thankful for. Many do not have these things so let’s not take them for granted.

More news….

Economy News Baghdad

CBI sales retreated from foreign currency, Wednesday, to $172.16 million against sales worth $185.8 million Tuesday; about 13.64 million dollars.

Central, in a statement said that "THE EXCHANGE RATE AVERAGED 1190 DINARS PER DOLLAR, AT THE AUCTION held at participation of 30 banks, and one financial transfer company."

The Bank noted that those sales are the results of the auction on Thursday, explaining that the total gross sales reached $193.52 million.

The volume of sales amounts to boost stocks of banks abroad 171.01 million dollars, with total sales monetary amount about 22.51 million dollars.

He said in the statement, central to sell credits to bank accounts abroad be priced at $1190 each DT either cash sale price will be the same.

CBI rate posted today Nov 23rd is 1193 IQD = 1 USD.

More News….

PRIME MINISTER ABDUL-MAHDI NEWS CONFERENCE

Next week or week after, we will put forward the anti-corruption project and this project will put the points on the" .letters," Abdul-Mahdi said at his weekly press conference and his follow-up Regarding the talk of "buying and selling positions of government," the prime minister said that "if the ".government got confirmed information on the sale and purchase of positions will move within hours .

The president's recent regional tour was successful and has economic and security dimensions, he " said" On the opening of the Green Zone, Abdul Mahdi said that "there is a continuous effort day and night to re-open ". the Green Zone .

We can not wait any longer without completing the ministerial cabin," he said" On the security situation in the country, Abdul-Mahdi said that "a supporter continues to move through his ".dormant cells and the process of elimination continues.

Full article is in the article section.

More news….

Parliament raises its meeting to next Saturday BAGHDAD / The obelisk: The Presidency of the House of Representatives, Wednesday 21 November 2018, the schedule for the session of the Council held today is to be held on Saturday a parliamentary source said in a press statement that "the Speaker of the House of Representatives Mohamed " Halabousi decided to lift the meeting held on Wednesday to Saturday at 1 pm.

Will Iraq finally get the last of these ministers seated? I personally doubt it!

More news….

MORE BIG(STUPID)CALL CLARIFICATIONS

So once again, this idiot Bruce comes on his intel call on Tuesday night and tells everyone the IQD program rate is now 1 IQD = $6.78 USD. Really. Where is the proof? You can’t just make statements like this without some substantial proof.

I got to tell you this guy is so ridiculously stupid that he is either mentally retarded or just needs a brain transfusion. Did he verify his information? Of course not.

So this just came out today Nov 23rd.

US $ 1 = 1,193 IQD program rate at CBI

Here is the link

Note also the other fat man idiot’s other prophecy of $120 IQD = $1 USD has also vanished and the CBI is NOT changing their program rate. So go figure on this idiot’s news too. As usual no verification. One source feeds off the other and get his intel from the other source, so of course they all agree with each other. Folks this is NOT verification. This is stupidity.

So this mental retard Bruce also tells everyone that there are “tranches of money” have been transferred to the US banks in preparation to fund the RV. He stated that the amount was “$1 to the 85 power meaning 85 decimal places” afterwards. Really? Is there even that much money in the entire world? Do you know just how much money this is. He even admits this is multiple “googles” worth. So he knew too. But he still persisted. Then he also went on to say multiply this by 8 times, as if one google was not enough? Very sad! Well didn’t he just tell us weeks ago the same thing but $1 by 52 decimal places? How can this even be? Where the hell is all this money coming from? There is not even this many investors to fund, even if this was real. Get it? This is just so utterly ridiculous. How can someone with any sort of first grade, 6 year old, intelligence even think about passing on this garbage to us investors? You would think this idiot would catch to idiot who is passing on this bogus information to him by now. Oh – but when you are brain dead I guess you can’t.

Anyone who knows this idiot and can you please email him or call him and request that he stop this nonsense and get real. He is shaming himself and only making himself look like an absolute ass and a mental retard. This intel is way beyond that of a sane person. He should be a shamed of himself. Shame, shame, shame….

Okay so you might ask me - why in hell do I even listen to him anyway? Folks I do not listen to him to get any realistic information. I know better. I know what is going in Iraq. I listen in on Bruce’s calls (as with other calls) so I can then clarify for others that do not have the mentality of their own to decipher through this garbage. Then they go out and do something stupid based on this foolish information. Remember there are almost 8 billion other people in the world and so it does not evolve around just you. I try to help everyone.

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

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.

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Articles Begin

THE CENTRAL BANK HAS MANAGED TO MAINTAIN THE EXCHANGE RATE OF THE DINAR AGAINST THE US DOLLAR THIS YEAR

Amir Al Nassiri

The Central Bank's Board of Directors issued today a statement however he continued his efforts through the years to achieve economic resilience in the darkest conditions experienced by Iraq and face economic shocks. Stressing that the Central Bank would work with care and dedication to stabilize Financial system and proactive monetary system in the next phase and preserve the achievements of the economic and financial crisis on the national economy as a State Bank.

As central banks in countries aims mainly to achieve monetary and fiscal stability through programs and strategies aimed at preserving stability in local currency exchange foreign currencies and build enough foreign reserves according to international standards Especially the IMF as banks are evaluated based on criteria related to the challenges of economic and political shocks in their countries and to control the rate of inflation and stable interest rates and application of regulations and rules compliance and combating money laundering and terrorist financing. And the CBI March demonstrated during the four years he paced fixed objectives above and proof of Iraq's exit monitoring area and proceed to the regular biennial periodic follow up area like other banks in the world according to the financial action group FATF. The Central Bank has managed to maintain the exchange rate of the dinar against the US dollar this year, despite the economic and security challenges.

And look through insightful analysis and economic stability in the exchange rate and from a neutral point of view and transparent note that independence for the Central Bank to provide foreign reserve at the rate for which determine its adequacy to cover the money in circulation and to cover imports as standard The International Monetary Fund since foreign reserves fully locked and occupied Iraq the fourth largest Arab currently limits of 60 billion dollars and is growing by the day in addition power of the Iraqi dinar has recovered and dealt with wisdom, responsibility and autonomy by the Central Bank will prevent the impact of conditions International sanctions against neighboring States on the reality of financial stability with the assurance that the Central Bank does not finance the budget deficit but conversely now checks the budget surplus due to high oil prices which will enable the Government to pay the internal debt and all that represents real guarantees for the success of the platform for action The next Government's economic reform and Decree in axis III in government program announced.

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

MAHDI ANNOUNCED ON WEDNESDAY (NOVEMBER 21, 2018) HIS INTENTION TO PUT FORWARD THE PROJECT "FIGHTING CORRUPTION"

BAGHDAD - Prime Minister Adel Abdul Mahdi announced on Wednesday (November 21, 2018) his intention to put . forward the project "Fighting Corruption", pointing out that this project will put points on the letters

Next week or next, we will put forward the anti-corruption project and this project will put the points on the" .letters," Abdul-Mahdi said at his weekly press conference and his follow-up Regarding the talk of "buying and selling positions of government," the prime minister said that "if the ".government got confirmed information on the sale and purchase of positions will move within hours .

The president's recent regional tour was successful and has economic and security dimensions, he " said" On the opening of the Green Zone, Abdul Mahdi said that "there is a continuous effort day and night to re-open ". the Green Zone .

WE CAN NOT WAIT ANY LONGER WITHOUT COMPLETING THE MINISTERIAL CABIN," HE SAID" On the security situation in the country, Abdul-Mahdi said that "a supporter continues to move through his ".dormant cells and the process of elimination continues.

The President of the Alliance for Reform and Reconstruction Ammar al-Hakim and Prime Minister Adel Abdul Mahdi Mahdi, Tuesday, November 20, 2018, to complete the ministerial cabin and communication between the . government and parliament . Prime Minister Adel Abdul-Mahdi stressed on October 10 that the Green Zone should be opened to citizens.

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

THE HOUSE OF REPRESENTATIVES DISCUSSES THE FINANCIAL AND MONETARY SITUATION AND THE WORK OF THE CENTRAL BANK

(Baghdad: Al Furat News) The House of Representatives in its fourteenth session, held under the chairmanship of Mohammed Halbusi, the Speaker of the House of Representatives on Wednesday and in the presence of 204 deputies discussed the financial and monetary situation and the work of the Central Bank and took a decision to form a fact-finding committee on the building of the bank and auction sale of currency and damaged money, While voted on a decision to suspend the work of the previous Council of Ministers issued since July 2018 until 24 October.

At the start of the session, Mahmoud Abd al-Ridha Talal was sworn in as a member of the House of Representatives after the vote to add the paragraph to the agenda.

The President of the Council to the presence of ten winners of the membership of the House of Representatives have not been sworn in so far.

The Council voted on a resolution related to the decisions of the former Council of Ministers during the period of the conduct of business submitted by the Legal Committee.

"The decision of the House of Representatives decided to consider the Prime Minister and his previous government a number of decisions contrary to the provisions of the Constitution in its articles [24,61,80} during the end of the third parliamentary session and the absence of legislative and oversight role of the House of Representatives, the House of Representatives decided to suspend the decisions since The first of July 2018 until 24 October 2018, and the Prime Minister and members of his government to review the decisions issued and take what is required in accordance with the provisions of the Constitution and the laws in force.

He pointed out that the House of Representatives has received from the Supreme Judicial Council a list of names nominated for inclusion in the agenda of the Council to vote in the coming sessions.

On the other hand, the President of the House of Representatives to host the head of the border crossings and customs to inquire about the mechanism of work adopted at some outlets, as well as hosting the Board of Directors of the Iraqi Trade Bank in the next session.

On the other hand, the Council ended the discussion of the financial and monetary situation and the work of the Central Bank in the presence of the Governor of the Central Bank and members of the Board of Directors.

The Central Bank Governor stressed on the importance of attending the parliamentary FINANCIAL COMMITTEE TO THE CENTRAL BANK ON A REGULAR BASIS TO VIEW THE FUNCTIONS AND DETAILS OF THE WORK OF THE BANK, noting the existence of several control departments within the Central Bank TO SUBMIT PERIODIC REPORTS on the management of financial data and audit and internal control, as well as cooperation with International audit offices and preparing final accounts and published on the official website of the bank on an annual basis, in addition to the creation of two risk management and compliance departments contribute to the examination and audit of the activities of the bank and identify points of imbalance in it, noting that the state treasury did not bear Any loss from the sinking of public funds due to the closure of their financial value of fees. "

As for the repercussions of damage of seven billion dinars, the Director General of the Department of issuance and safes during the period of sinking that the entry of rain water in November 2013 led to the damage of money in the coffers of Rafidain Bank, noting that it is the duties of the Central Bank to receive the damaged currency and replace it as part of And stressed the receipt of the currency affected by drowning after confirming the authenticity and then destruction after being restricted to Rafidain Bank, pointing out that the Office of Financial Supervision in his report confirmed the occurrence of damage to the currency mentioned and the need to replace them by the Central Bank.

The deputies' interventions pointed out that the report of the Financial Control Bureau revealed that the sinking of the money was due to holes in the wall of the fortified room as a result of the failure to repair a special cable for communications and to inquire about the amount of money spent from the amount allocated to finance the initiatives, including the agricultural initiative, Which was seized under the pretext of money laundering and terrorism financing, in addition to the demand to stop building the building of the Central Bank for its large financial cost and to be located next to the river and the middle of a residential area in addition to a complaint from the owner of the land.

For his part, President Halabousi approached the Weather Department to ascertain the weather on the day that the money was deposited in Rafidain Bank.

The intervention included knowing the procedures used in the sale of the currency for the existence of suspicions of corruption in it and stressing the importance of tightening its measures to prevent waste of money and the tendency TO TAKE ADVANTAGE OF THE FLEXIBILITY OF MONETARY POLICY TO REDUCE THE EXCHANGE RATE, as well as praise the policy of the Central Bank impact of ITS TRANSITION FROM THE BLACK TO GRAY AREA and seeking to reach The free zone and the claim to preserve the banking institutions, in addition to the inclusion of the Kurdish language beside the Arabic when printed currency.

In his response to the interventions, the governor pointed to the approach of the Central Bank of the Ministry of Finance after the damage to the currency in Rafidain Bank and the establishment of a committee of the bank identified the imbalance causing the sinking of the currency, indicating that the loans granted to the Housing and Real Estate Fund has achieved their objectives, unlike the bank loans industrial and agricultural were very few And did not achieve the desired goal, calling for attention to the local economy of Iraq and development of the fact that the dependence on oil imports to meet the cash need will be threatened in the next thirty years, explaining that the work of the Central Bank lies in the mediation between the Ministry of Finance and the local market in the conversion The currency of the dollar to the dinar and work on balancing the price of the dollar, indicating the establishment of the bank to a database of information on the fate of money that goes outside Iraq, announcing the imposition of 560 billion dinars fines on banks for violating regulations.

For his part, the President of the Council announced the holding of a joint meeting between the Governor of the Central Bank and the members of the Board of Directors and the Parliamentary Finance Committee at their request to discuss the Bank's policy, calling for legislation to allow the Central Bank to contribute to support the State institutions in the development of educational and health sectors.

On the building of the new Central Bank, the Director General of the Administrative and Engineering Department at the Central Bank said that the design of the new building was referred to the Office of Architecture Zaha Hadid, which consists of 37 floors and is located on an area of 19 thousand square meters and belongs to the Ministry of Finance, noting the nomination of 18 global companies able to implement The project was referred to an Azerbaijani company that offered less than the estimated cost of $ 837 million. They were ready to provide the parliamentary finance committee with all the other documents, The subject of the new central bank building.

For his part, pointed out the general manager of the window selling currency that the monopoly of the currency and the economy by the government created a problem in the price of the dollar and determine the amount of sale, praising the procedures of the Central Bank since 2016 on the sale of the currency and included auditing and follow-up assets of the money and access to the final beneficiary and matching the official price until On his arrival to the local market, noting to take the Central Bank legal action against Bank of Baghdad after the submission of its management of bank violations.

The MPs demanded that the former governments bear responsibility for the deliberate negligence that led to the waste of public funds and the opening of an investigation board to investigate all the approvals and actions taken on the project of building the central bank, since the estimated cost of constructing the building is very high.

The Chairman of the Council to form a fact-finding committee of the Finance Committee and a number of deputies of the committees of integrity, economy and investment on the building of the Central Bank to verify the cost of the project and research in the technical and design details and timing of the selection of the project and consult with specialists, that the vote on the members of the Committee at the next meeting, In the sale of the currency and the priorities of replacing the damaged currency and its real quantity.

It was decided to adjourn the meeting until next Saturday

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

TO ALL YOU NASTY GURUS OUT THERE WHO SPREAD THESE LIES….YOUR DAY IN COURT IS COMING….FINAL WARNING - STOP THE HYPE AND ALL THE LYING…!

The jury convicted Tyson Rami, James Shaw and Frank Bell of fraud by e-mail, as well as numerous fraud charges, and Rami and Bill were convicted of making false statements to agencies, the Justice .Department said

Thursday (November 22, 2018). Federal Law Enforcement Acting Prosecutor General Kurt R Ersquin "These defendants participated in a lengthy campaign to defraud investors by spreading lies about the investment potential of the Iraqi dinar.

The convictions resulted from years of investigation, including dozens of electronic and physical searches, hundreds of witness interviews, and .intensive financial analysis According to Erskine, "The charges and other information presented in court that Rami and Shaw are behind the fraud of investors more than 600 million dollars of proceeds from the sale of the Iraqi dinar and other currencies, .and more than $ 180 million in distributions

The conviction of these three is the result of a broad effort by the government to protect investors from those" who make baseless allegations about the revaluation of foreign currency, their greed led them to steal investors' " .hopes," said Chris Hacker, the FBI official in Atlanta. Ultimately led them to their demise.

For his part, Thomas J. "This was a trial on fraudulent inducements, conspiracy, investment fraud and blatant greed." "Rami, Shaw and Bill have seen an opportunity to build up their personal wealth and their trading position in the currency market," said Holman, special agent for criminal investigations at the IRS-Criminal . By capturing " the desire of investors to get high returns from their investments.

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

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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