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Mountain Goat vs. Kaperoni! 12/3/18

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Mountain Goat vs. Kaperoni! 12/3/18

Post  Mountain Goatee on Mon Dec 03, 2018 10:03 am

December 3, 2018 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

Folks I know most are looking for simple answers to complex questions. But you don’t know what you are asking most of the time, or even know what that they are so complex. But today you all are in for a real treat. I took hours to put this together for everyone to truly get a handle on just where we are in this investment.

My commentary is very long today. It is longer than usual but I highly encourage everyone to print it out and read it carefully but only if you truly want to understand this reinstatement process, the progress so far and about when we can expect something more to happen (so we can go to the bnak). No, we are not now on a every day / any day watch. The bank screens mean absolutely nothing as does this constant nonsense from “boots on the ground” or “secret committee source”. So let’s all just stop this nonsense and get real.

Kaperoni vs Mnt Goat intel

I think many of you Kaperoni followers should get a lesson on how the money supply works in developed countries and the role the Central Banks have in this effort. Overall I like Kaperoni’s presentations and approach. I respect him dearly for his efforts to keep the intel clean. But I also want to add that he is a straight text book thinker but has to get his mind out of the text books and into the reality of the situation in Iraq and what is now truly happening. The situation is unique as they are still functioning in a post-war rebuilding environment. It is not the ideal monetary system, not yet.

Please reference the following link:

https://www.quora.com/How-does-a-central-bank-increase-or-d…’s-currency

Many of you are telling lies of what I have said about the Iraqi money supply. If fact, I never said a damn word about “money supply”. Go read all my material and Newsletters. Many of you keep trying to debate with me on Facebook pages on the M2 money supply being reduced. I in turn refuse to debate a pointless issue and always reference you back to the link to my presentation on the “project to delete the zeros”. Did you read it?

Link below:

=68.ARCZDBNWHEUka4ec5Vc06DGhUpeaXzn06yiVcDMi5g9fNBQjXKMnbyTuaRQI0Gfhez74AuUuKxt351AxQBjFHdASOQMoYcpNUlmKMj4YTFu7dGxl5zpIGgy5wohP3M0SqtaliocBDVfkbEjjMtgqn-mLs77YqYMq1O_udDBMIkOXYnmDNvqypvMEfUctngfEMZP9XtVuBQu253TCFwXymCAoa8PYLOZONusibF0JH9J9vWYUF9TVSSeHFp-4aiz-4toMhPI8qzYX61_qNC33tmHKxw-kkceMzbUoJKpBtoIgo9OTyPVTZrsoEed8QaHIgwwyjXl8489sO1lMstqlEEk&__tn__=K-R]https://www.facebook.com/notes/latest-mnt-goat-news-letter/the-project-to-delete-the-zeros-explained/723333494668712/

Many of you either don’t read it or can’t absorb what I am saying. I even did a special analysis of it again to you in one of my recent Nov newsletters.. Still you don’t get it.

Okay so now I am going to spell it out is as simple of terms to you that even a first grader can understand. Many of you did pass the first grade, I assume?

I agree with Kap in that the CBI has told us this is a 3 year process. So we are now at the end of this process. In fact if we get out of this year we have passed it.

But remember the CBI just can’t trigger the event in a day and expect to transition the currency over that same day. It takes time and there are mechanisms to put in place over months if not years. One such mechanism was “electronic banking”. Another we can clearly see was the ATMs. In March-Oct we witnessed yet another the effort to get the people over to using the lower category notes. But this third mechanism only works because these other two mechanisms were already in place. If you are studying this process to delete the zeros you can clearly see the progression of what the CBI is doing to get them to the reinstatement timeframe.

So I NEVER said that the CBI is reducing the “money supply”, as many of you Kap followers accuse me of. I did however say that in 2011 the plan was to eventually reduce the amount of hard currency in the 3 zero notes. They CBI must slowly “withdraw” these out of circulation by 2/3. That is all I said and I am sticking to my conviction.

I am sticking to it because I read the plan in 2011, as from the finance ministry as to how they intended to convert the currency categories as explained in the “project to delete the zeros”. Get it? Did I just say they are reducing the “money supply”? NO! So what did I mean by my statement “They CBI must slowly “withdraw” these out of circulation by 2/3”.

So how do you simply take 2/3 of the 3 zero notes out of circulation without reducing the money supply? Simply put you don’t!

Don’t assume I meant reduce the money supply because I did not say this.

Like I told everyone many times I do not work for the CBI and I do not know all the mechanisms as to how they intend to do this. But we did just witness a couple of them. These mechanisms are not all outlined within the plan that they presented from 2011. But this is what we do know and have seen so far. (We can only say this must be FACTUAL since the CBI told us it is, unless they too are lying to us?)

So this is what they have done so far.

Since 2011 the CBI has managed to get 2/3 of the 3 zero notes out of circulation. But wouldn’t this reduce the money supply then?

No, not if they replaced these notes with smaller category notes, or issued bonds, or electronically digitized the currency or a combination of all the above. Is this not all of what we have witnessed in many of these recent banking reforms? I am I missing something here? These are all the mechanisms on implementing the project to delete the zeros. WOW!


So in March 2018 the CBI told us they are all done with efforts in the first phase and second phase of the project. They are waiting to complete the third phase. See my chart again on what these 3 phases are in the Facebook photos section.

I quote from a March 28th article Mnt Newsletter- (the big article people were talking about then)

“Economy News Baghdad: The Iraqi central bank governor Ali Aliak 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.”

What is this suitable environment?

I quote from a recent article from Nov 30th Mnt Goat Newsletter –

“The deletion of zero is defined as a process by which the NOMINAL VALUE OF THE CURRENCY IS ADJUSTED due to high inflation and devaluation”

And

“This PROCESS IS STILL CONTROVERSIAL in the government and monetary circles, businessmen and specialists. Some believe that doing such a process will LEAD TO MORE CORRUPTION AND TAMPERING WITH PUBLIC MONEY, because of what is happening in the process of changing the currency, and it will create a state of chaos and confusion in contracts internally and externally”

And

“Simply we do not deny that the process of deleting zeros is a necessary and important step comes within the need for the country to the process of administrative reform of the currency contribute to reduce transaction costs and cash transactions in the economic process, and REDUCE THE SIZE OF THE COUNTRY'S MONETARY MASS”.

Did you read this – “REDUCE THE SIZE OF THE COUNTRY'S MONETARY MASS”.

Again I go back to what Iraq is telling us. No opinions or rumors.

I quote from the Nov 28th article Mnt Goat Newsletter–

“But there MUST BE INTRODUCTIONS TO THAT PROCESS (meaning re-education of the smaller category notes), including CHOOSING THE APPROPRIATE TIME In which the Iraqi economy in a state of stability, and then CREATE THE ECONOMIC ENVIRONMENT IN A DELIBERATE MANNER to implement the deletion, and this requires the procedures and financial and banking decisions taken by the financial authority in the country."

Can I get any clearer than this?

The “project to delete the zeros” in nothing more than a transition of the currency from these large 3 zero notes (provisional post -war time currency) to a normalized denomination set. Get it?

So the tricky part is how to do this without crashing the economy, causing massive inflation, stagnation, or feeding corruption. This is the challenge of the CBI. The CBI could not care less about how you feel and how bad you want or need this money. They could not care less about all the “humanitarian” projects you have planned (most of which is just lip service and lies anyhow).

We are now in the second stage of the plan. The CBI has collected 2/3 of the 3 zero notes and managed to get them out of circulation. Again here is the quotes out of the March 12th 2018 article of Mnt Goat Newsletter on this subject matter:

“He also said that it is IMPORTANT THAT THE PUBLIC UNDERSTANDS THE NEW FEATURES AND THE TECHNOLOGIES behind it to promote the circulation of the reprinted version.” (talked about the 250, 500 and 1000 dinar notes)

And

“Iraqi parliament’s economic committee MP Ibrahim al-Rikaby agrees that this will help achieve currency reform HENCE THEIR SUPPORT OF THE OLD NOTES REPLACEMENT. He stated that the step will help strengthen the Iraqi dinar against other world currencies, make the currency easy to carry and circulate in banking transactions, selling and buying operations as well as in currency exchange.”

And

“About 5 trillion Iraqi dinars ($4.3 billion USD) will circulate along with the old notes, (this is what they have left $4.3 Billion USD or about 4.3 Trillion dinar remaining of the 3 zero notes) said al-Yasseri, GRADUALLY REPLACING THE OLDER ISSUES. He added that for now, both old and new notes will circulate side-by-side.”

They need both the 3 zero notes and the newer category notes to coincide as not to create panic or chaos.

So I don’t know how it can be any clearer what the CBI is doing with the launching of these newer smaller category notes. Is it maybe the translation from Arabic to English many have a problem with?

These 250, 500 and 1000 notes are part of the currency that is planned to remain in circulation even after all the 3 zero notes are gone (many years from now as they are SLOWLY phased out.

I bring you quotes from these articles because this is what the CBI is telling us. This is not Mnt Goat’s “opinion”. I have a great respect for Kaperoni (KAP) as he tries to keep it real with his intel, but in this case I can not agree with his statement that the CBI is just replacing old, worn out 250,500 and 1000 notes. This latest move by the CBI in March – Oct was a much, much bigger move than that.

Kap himself states by asking “why would the CBI even make mention of just replacing these notes as most other countries just do it behind the scenes and don’t publish it”. So then Kap goes on an answers his own question. The FACT is they don’t. The CBI would not also if there was not yet another underlying reason for keeping the people informed of the project to delete the zeros, and its progress. I rest my case…..Get it?

It also seems that Kap has a short memory. He either is not aware or forgets what took place already in the past. Around March of 2015 (the same month that they began this recent move in 2018) the talked about launching the 100 dinar notes in EARLY 2016. Why?

It was because they sincerely intended to go ahead with the reinstatement at that time. Why? Because the GOI under PM Abadi told them they would have ISIS war done by this time. Then in EARLY 2016 what does the CBI tell us?

They tell us they are going to wait for more “suitable conditions” to launch the 100 dinar. Again I ask – Why? Because the ISIS war was not completed as planned by the GOI by 2015. But remember then the CBI comes out a little later and tells us in EARLY 2017 they plan to do the project to delete the zeros. But it does not happen in EARLY 2017 either. Why?

Then ISIS war was not completed until Dec 2017. Is there a trend here? You must remember what the CBI was trying to do all along.

In Nov of 2014 just after the 2014 elections concluded the CBI gave us an update on how longer it would take to complete the project to delete the zeros. Do you remember this article from Mnt Goat newsletter? The CBI said they need 2 years to complete it. This brings us from Nov 2014 to Nov 2016 to complete it.

So the CBI told us in 2014 they needed 2 more years to complete the project to delete the zeros. It’s now four years already (see article below). Still no reinstatement and we getting ready to enter 2019. What the hell is going on?

Now we finally see, with this new parliament that they have decided to set up three teams to investigate possible corruption in the CBI. WOW! The significant part for us and I quote from the article - “Out of the three teams, the third team will take the issue of currency exchange and the auctions, "noting that these three issues hovering around suspicions of corruption and need to answer and be clarified”. I luv it! Finally!

Article begins

Central Bank of Iraq Statements on Iraqi Currency Deletion of Zeros

November 28, 2014

The Central Bank gives the green light to execute “zero deletion” and confirms: WE NEED TWO YEARS TO FINISH IT.

The governor of the Central Bank of Iraq, Mr.Ali Al-Allaq, has declared on Tuesday that the green light was given to execute the file of zero deletion from the currency, and he confirmed that finishing the managing matters for this file will take two years. He also pointed that the bank has started preparing samples for the new currency.

Al-Allaq has said in a press conference conducted in the Bank’s building in Al-Jadireeyah area middle of Baghdad, which I also attended (Al-Mada Press), that “the file of zero deletion from the Iraqi currency is under execution”, confirming that “The bank has given the green light to execute this.”

Al-Allaq has pointed that “Finishing the managing matters for this file will take two years”, showing that “The bank has started to prepare samples of the new currency.”

The Central Bank of Iraq announced in 28th of November 2014, postponing the subject of zero deletion from the currency in the present.

Article ends

In Nov 2016 they told us that these smaller notes were all delivered to the banks are ready. Why did they tell us this? It was because they did in-FACT want to go ahead with the project to delete the zeros in EARLY 2017 but new they had to postpone it already to 2018. Read it for yourself.

Here is a full article in Mnt Goat newsletter dated Nov 2017:

Article begins

RETURN OF THE SUBJECT DELETE THE ZEROS TO THE FOREFRONT

11/26/2017 12:00 AM

We are on the doors of the year 2018 or is the date of deletion of the three zeros of the Iraqi dinar a question addressed to the makers of monetary policy?

The past years have seen widespread debate about the advantages and disadvantages of deleting zeros.

Which brings this debate back to the forefront, but we are at the beginning of the road towards a rational economic reform that restores the country's strength and strength after being subjected to several tremors almost paralyzed.

I see that the return of the subject delete the zeros to the forefront at a time when the steps of the reform calmly and slowly and unrivaled is a real vision to restore the real value of the Iraqi dinar to remain master of currencies at the level of local trading without rushing on the acquisition of the dollar to invest outside the country, and perhaps the advantages of the dinar equivalent with The dollar in terms of value, content and appearance of the debt to invest domestically, because it is difficult to invest currencies in the world outside the dollar as the currency of the most receptive and popular in transactions and investments.

This and other advantages lead to the adoption of consideration of this project and study the possibility of its application during the year 2018 as one of the basics of monetary and banking reform.

Perhaps follow the steps in reducing the exchange rate of the dollar gradually after the challenge of security will devote convictions and accept the deletion of zeros, which faced in a timely split between supporters and opponents because of poor understanding of raising zeros, and importance and advantages, especially when some believe that the DELETION OF ZEROS WILL REDUCE THE SIZE OF THE RESERVES OF DINARS because Their view of their size is not to their true value.

It should be noted that monetary policy had followed a balanced and balanced plan to reduce the exchange rate of the dollar against the dinar and succeeded to some extent fixed on what it is now, where it was able to reduce from 200 thousand to 100 dollars to 120 thousand dinars and the goal to reach 100 thousand Dinars BUT CIRCUMSTANCES PREVENTED TIMELY COMPLETION OF THE GRADUAL REDUCTION.

Today, it is easy for the Central Bank of Iraq to work on the principle of gradually reducing the exchange rate to the extent that it can be equivalent to the dinar against the dollar, so as to accept and digest the process of deleting zeros, so the advantage of reducing the size of money assured the owner to keep a small amount of cash with the bone market value And actual.

For this, the deletion of zeros or raise them from the Iraqi currency will make them enjoy these advantages in the field of compactness and commercial transactions and the risks are much lower than the large cash volumes.

The bottom line is that it is necessary to adopt the Central Bank of Iraq for the project to delete the zeros and work on its implementation from now in order to achieve the objectives of reducing the size of the monetary mass, and required a media program to devote convictions to the importance of this project,

Article ends

Their words not mine. No Hype., No Rumors, Just the FACTS!

Then late last Dec and EARLY 2018 the dinar investment community goes into hysteria that the CBI is going to go ahead with the project to delete the zeros. They really intended to do it and the above article proves it. But something happened to make them out of compliance with the Article 8 rulings. They went over the 2% variance in market rate to program rate. A 90 day restriction was applied again bringing the time too March 2018. ☹

Then, as I told everyone, the 2018 elections were most likely going to interfere with the project to delete the zeros if we didn’t see it by the end of March. Did I not say this? I also said if the elections don’t go quickly and Abadi got back in for a second term we would be waiting until the end of the year of EARLY 2019. Why did I say this? I said it because the new PM would have to select an entirely new cabinet and the USA did not want the Iranian influence to be part of it. Go re-read my newsletters from this time. I am not lying to you!

Folks this stuff is NOT that hard to figure out. It is reality and all you have to do is stop drinking that RV hysteria every day /any day cool aid and listen to the FACTS and REALITY of what is really happening in Iraq (not so much the rest of the world).

Then in March 2018 we again see the CBI speak up (was very quiet throughout the elections and recounts) and begin to launch these new small category notes, not just to replace, by to influx yet more into circulation to replace yet more of the 3 zero notes now still being sucked in by the currency auctions (and not being re-circulated due to the new banking reform implemented such as electronic banking). Get it?

Why is this so hard to understand?

So we know for a FACT that the monetary system for Iraq must move from UN Charter Article 14 to Article 8. Kap and I both agree with this FACT as do most. The CBI has told us everything is done to complete this move, except the project to delete the zeros. Periodically the CBI meets with the IMF and for what is called an Article 4 Consultation. If you look up this meeting it is nothing more than a formal way under the UN Charter for the IMF to meet with member nations. So this next consultation was scheduled for September 2018 but was postponed due to Iraq not having a legal government in place at that time. This is FACT as my CBI contact told me.

It is now Nov 2018 and still it is not yet scheduled. I firmly believe, as does Kap, that when this consultation occurs they will talk mostly about the banking progress on the reforms and the next step forward, which is the reinstatement of the currency and how they will progress. This we both agree on.

In conclusion, we look for this consultation and then for the launching of maybe the 50 and/or 100 dinar notes to give us a sign they are moving ahead. Do not expect the CBI just to launch all the lower smaller notes as in a one triggered event. This is not a one day event as these gurus lead you to believe it will just RV and these bank screen rates are going to show and be active. Then you go to the bank. Really? This will be gradual as I told you many times. This also Kap and I agree on. But I do not agree with Kap that it will take years for the rate to increase. I also do not agree that the Dinar will move from a sole peg to the USD to a float. Instead the CBI has told us many times the plans are to peg the dinar to the new SDR basket and then reinstate it and move to a managed float, as all currencies are on when in the currency exchanges and traded. How else can Iraq take advantage of the speculation they need to drive up the rate once on the exchanges. The over speculation that Dr Shabibi mentioned he did not want was the over-speculation prior to the reinstatement not afterwards. So don’t throw these words back in my face, which I can read you minds already that you are thinking.


So this recent period March – Oct 2018 move by the CBI, a portion of these larger 3 zero notes were replaced with a greater amounts of the 250, 500, and 1000 notes, not just replacing the old worn out notes. There is no other significance for the CBI to tell us emphatically what they are doing. Did you also notice this news coincided with the news of the operation of the ATMs? Why?

Again I am telling you it is because of phase 2 and is part of the slow transition and emphasis to use the lower category notes in everyday business transactions. Since the value has not yet changed, the consumer will need more of these notes to purchase. But this is only temporary as they plan to shortly make even a fuller move in the transition over.

Emphasis in using these smaller category notes in now ongoing since for Iraq for petty cash. For larger purchases they can use their debit cards, credit cards and now even get bank loans (since the banks are now more liquid due to the automatic deposits by the CBI).

I want everyone to know the CBI does not directly pay the citizens. The process is that the CBI transfers money to the Central Banks offices in the provinces and they in turn allot money to the banks to pay the citizens directly into their accounts. It is like sending a computer tape full of names and account numbers to the banks. Associated with each account is the amount of deposit. This is digitalizing the currency. Thus it allowed them to collect the 3 zero notes in preparation for the transition over. In the past the banks paid out in large sums of cash in dinars and they then went to the currency auctions only to be re-circulated back to public via payroll salaries, pensions, retirements. Now this currency process is very significant and needed to be in place prior to the next move to transition over.

Where does all this revenue come from today?

It comes from oil revenue and so what if oil is not generating the kind of revenue in the future to sustain the payments? Then what happens? So you can see it is essential, almost critical that for long-term “sustainability” that Iraq must transition to the a “private sector” economy. I hope everyone can see how important this is.

So let’s look at 50 years down the road and how Iraq will be if they do not do this transition over now.

Oil reserves dry up OR the world transitions off of fossil fuels. Then what for Iraq?

Lack of the government’s ability to pay salaries in government run jobs is inhibited. Iraq will no longer be able to provide food, medical care, education, housing or cloths its projected 400 million population. Civil war may break out and it will become a critical depleted economy leading to massive starvation and depravation. It is more likely to fall back into a third- world type economy and dictatorship. Yes, there will always be some other forms of income such as tourism, agriculture and tariffs but it is not enough to sustain their economy and growing population.

Yet more reasons why under the plan of the UN for “sustainability” of Iraq long into the future this project to delete the zeros” MUST take place.

More news….

UPDATE ON THE ONGOING ELECTION SAGA

The MP from the Kurdistan Islamic Group, Ahmad Hama, on Sunday, the commitment of all political blocs to the date of the parliamentary session on Tuesday to complete the cabinet cabaret, warning of entering the country in a major political crisis in the event of postponement of the vote on ministers.

To this moment, parliament has not received the autobiography of the new ministers," Abbas al-Ali told the news agency. They need minimum 2 days prior. It is a decision to reach us today, or a maximum tomorrow morning, for the purpose of studying before Tuesday's session.

The MP for the Alliance of Reform Riad al - Masoudi, on Saturday said, Prime Minister Adel Abdul Mahdi told the political blocs that he would resign or go towards the national option in the selection of ministers in the event of failure to reach a political agreement to complete his booth ministerial during the session next Tuesday.

Then on Monday out pops this news…

Most of the ministries may be decided tomorrow, except for the security ministries where it is likely to keep the session open until it is resolved.

So Dec 4th is going to be a BIG day for Iraq in the completion of the government. Let’s pray they get this completed and get it right.

Again I will say “I told you so”. Did I not say that if the former PM Abadi did not get re-elected there would be chaos in the selection process and then delays in forming this new government “fully”. WOW! How do I know all this stuff?

More news….

An economist revealed that the US Treasury Secretary is exerting pressure on the Iraqi government to keep the governor of the Central Bank Ali al-Alaq in office.

More news….

WHEN WILL THE 3 VP POSITIONS BE DECIDED?

A source familiar with political, on Sunday, why the visit of President Barham Saleh, to the leader of the coalition victory, former Prime Minister Haider Abadi. "After Saleh's visit to Abadi, Abadi became very close to the post of First Vice President of the Republic of Iraq," the source said. "The source, who asked not to be named," Abadi agreed to take over the post, "noting that" Barham Saleh will put candidates for the post of Vice President of the Republic in front of parliament for the purpose of voting on them.

(Mnt Goat – very good news for us. This article shows that they are finally getting around to getting these VP candidates together and presented for a vote. Something they also need to complete the govt. Gosh I hope Abadi gets one. I also hope that they can keep any of the Shiite Iranians out, like Maliki and any of his goons. If Abadi gets it, it will fill the Shiite side. The other 2 VPs have to be a Kurd and a Sooni.)

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

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

THE POLITICAL BLOCS ARE BOUND TO NEXT TUESDAY'S SESSION TO PASS THE REST OF THE CABINET MEMBERS

Information / Baghdad

Hama said in a statement to the information that "the political blocs are bound to next Tuesday's session Dec 4th to pass the rest of the cabinet members, despite the existence of some political differences on some ministers."

He added that "the postponement of the meeting Tuesday to another time WILL ENTER IRAQ IN A NEW POLITICAL CRISIS can not be easily resolved in light of the struggling blocs on the posts," noting that "the Kurdish negotiations are still continuing between the National Union and the Democratic in order to resolve the distribution of the Ministries of migration and justice between them."

The MP for the construction coalition Mansour al-Baiji student, on Sunday, Prime Minister Adel Abdul-Mahdi to accelerate the resolution of the remaining of his Cabinet through the presence of the House of Representatives during the next session, warning that the failure to resolve the remaining ministries will accelerate the collapse of the government.

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

PREPARATIONS FOR THE INTERNATIONAL SUMMIT FOR INVESTMENT, RECONSTRUCTION AND ECONOMIC DEVELOPMENT OF IRAQ HAVE BEEN COMPLETED

The preparations for the International Summit for Investment, Reconstruction and Economic Development of Iraq have been completed in the next few days, organized in cooperation between the Fund for the Reconstruction of liberated areas in cooperation with Frontier Exchange, a British company specialized in the establishment of international conferences and exhibitions.

"This event comes in very sensitive circumstances, which requires the mobilization of efforts and capabilities to promote the national economy and the reconstruction and services sector, especially after the liberation of Iraq completely from the organization of" Da'ash "terrorist and improved security conditions.

"This summit will provide access to employment opportunities and the best local private banks. The summit will be a conference on the sidelines of the Golden Opportunity Exhibition to meet with the world's largest companies and investors looking to work in Iraq as well as international organizations that seek to provide support and aid to the country in various fields such as reconstruction, Economic. "

The head of the Reconstruction Fund for the affected areas Mustapha al-Hiti said: "The existence of the international effort specialized in Baghdad, represents a real support for the reconstruction and reconstruction of liberated areas that require great effort," noting that "the efforts of the Fund in the reconstruction of affected areas through the implementation of projects Mission in these areas, which touch the life of the Iraqi citizen. "

He pointed out that "the presence of international companies in Baghdad is evidence of the ability of participating companies and their desire to work within Iraq, and in turn we will work to provide the appropriate operational environment in cooperation with the parties concerned," and praised the role of the company organized in attracting international effort.

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

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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Re: Mountain Goat vs. Kaperoni! 12/3/18

Post  Mountain Goatee on Mon Dec 03, 2018 10:05 am

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Re: Mountain Goat vs. Kaperoni! 12/3/18

Post  Scotchie on Mon Dec 03, 2018 9:23 pm

YES, Redenomination, not Revaluation.  Very simple!

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