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Mnt Goat News Brief 8/22/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Mnt Goat News Brief 8/22/19

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Post by RamblerNash on Thu Aug 22, 2019 10:08 pm

Hi Everyone,

I bring you some news today.

The news today is short and brief. There are a few important articles to pay attention to.

So after all the VERY GOOD news earlier in the week we are now back into a waiting mode. So what should we expect to see next?

-We are looking for news that parliament has passed the needed legislation and then sent it to the CBI for the coinage reform proposal by the Finance Committee.

-Then very soon the CBI should “formally” announce the new CBI director. Allaq is due to leave in early September and his replacement will then take center stage. I believe that possibly the timing of the coinage may happen about this timeframe.

-We also look for more news of the “project to delete the zeros” going forward once again.

-We also look forward to news articles to educate the citizens on the new coins for smaller categories and the update on the CBI site for the new coins. Remember I referenced the CBI site and the blank pages already set up to take in the new coins and explain them.

So these are our next steps.

We don’t need any hysteria about US banks, secret memos and how they are planning to exchange next week or tomorrow. We are smart enough know all this is nothing but bullshit from a propaganda agency pumping these idiot gurus with this crap (namely TNT, Bigcall and others).

They are the saps and gullible stupid people to even pass along this garbage to us. The sad part is these are supposed to be intelligent, grownup men who are believing such nonsense. They even pretend to know so much but when push comes to shove they are just other idiot gurus who don’t have half a brain to see through it.

Heck, when these propagandist agencies keep pumping with this stuff week after week and nothing ever happens you would think they would smarten up and drop this nonsense and get to learn what is really going on in Iraq instead of relying on their updates? But they don’t. Why? Because they are not very intelligent people. But you listen to them and believe it.

More news….

The news I present in my FB site stands as it is in the articles. Please do not ask me to comment on it.

This is how you get yourself in trouble. My opinion does not matter that much. What matters is what the articles in the news are revealing to us.

Yes, sometimes I have to decipher them a little since the translation is not that good from Arabic to English or I may find a need to connect the dots. But I am still presenting what they are saying only relating it across articles or connecting it to the past articles to give us a more complete picture.

If I had any comments, I would say them. Right? Is that not the purpose of the newsletter. This is the venue I chose to tell the story. So why waste your time and my time continuing to ask for more and more? I am not going to answer these questions anyhow as I have not over the years. So why keep asking then? Like banging your head against a wall. The outcome is going to be the same each time – it only hurts more and more…..

Seems many of you like the hype and falsified intel. You thrive off it. You like to be lied to and then, after when nothing happens, you are so sad and depressed. You then take it out on bashing me, who only wants to tell the TRUTH. Why? Instead just relax and follow the news as it comes out. There is NOTHING more to do. Get it?

Getting hyped up is not going to bring the RV any sooner. Lying about it is not going to bring it any sooner. Get it?

More news….

Today I also published an update in my FB video section on “Moving from LIES to TRUITH – August 22, 2019 Update”. I recommend everyone to go take a peek at it. The writeup is very good and summarizes the video set.

Here is the link:

https://www.facebook.com/ 281127528889313/videos/480837769365172/

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

COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL - MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT 'S QUEST TO RE-WORK COINS.

Al-Mashat said in a statement received (Mawazine News) a copy, that "the Iraqi government going at the moment to re-work coins is not positive because the financial developments in most countries of the world go to electronic currencies," indicating that "the work of electronic currencies in Iraq has been in great demand during Past few years. "

He added: "More useful to the state IS TO REDUCE THE USE OF CURRENCIES IN GENERAL and urged the Iraqi consumer to pay electronically," indicating that "this measure provides the state the value of minting coins and the value of printing paper currency."

Al-Mashat called through the statement to "THE IMPORTANCE OF WORKING IN ELECTRONIC CURRENCY RATHER THAN RETURN TO CASH AND METAL," noting that "electronic currency can include small cash categories from one fils to one dinar and thus numbers upward for small cash categories."

Al-Mashat said, "The banknotes will disappear after 30 years because of the high demand for electronic currency."

The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy. "

(Mnt Goat – What Al-Mashat is missing here is the fact that Iraq is not the only country to use electronic banking. It has been around a long time already long before Iraq’s transition over and other countries have proven there is still a need for paper and coins in circulation. He also forgets we are living right now not 30 years from now when everything may very well (could be) all electronic. So, his argument does not hold up and it will be seen that way. I would not worry too much about these kinds of rhetoric. Remember too, there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over. )

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WILL IRAQ RETURN TO THE OLD “COIN”?

BAGHDAD (Reuters) – Work is under way to return to the old coin, which has been used for decades in the country, parliamentary sources in Iraq said.

A member of the Finance Committee in the Iraqi parliament, Hanin al-Qadu: “We discussed with central bank officials the need to re-work coins that were used in Iraq during the past decades, rather than paper that is damaged and printed in large quantities again.”

He added in a statement, today, that “the use of metal categories and their descent for trading gives a notional value of the currency, as a number of neighboring countries exchange rates are very high against the dollar, and yet it has a coin in order to maintain the monetary process, and no need to request more Papers especially in small categories. ”

The dinar is the official currency in Iraq, and is issued by the Central Bank, and the dinar is divided into 1000 fils, but the high inflation rates in the late last century, caused the abandonment of coins from coins, which was coined in the category of fils where they are now out of circulation.

Economists believe that the cost of a coin is more than paper money, as well as that it is harder to carry on citizens, and the overheating in the economy prevents the minting of coins and make them in circulation.

At the time of Iraq’s independence from the United Kingdom in 1932, the same year, the Iraqi dinar was replaced with the Indian rupee at the rate of 1 dinar = 13 rupees.

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

THE COMPLETION OF THE ELECTRONIC WINDOW PROJECT FOR THE IMPORT AND EXPORT TRADE

The Ministry of Commerce announced on Wednesday the completion of the electronic window project for the issuance of import and export licenses, and launch the work of the website of the International Trade Point of Iraq to register public sector companies, which allows to achieve benefits through the existence of an integrated database allows the marketing of products and tenders and methods Buying and selling.

“The General Company for Exhibitions and Commercial Services in the ministry has completed the one-window project with the aim of issuing import and export licenses and linking them to border ports through an electronic system that facilitates procedures on the owners of companies and investors,” Trade Minister Mohammed al-Ani said in a statement received. .
Al-Ani added that “working according to the electronic system within the single-window project comes within the framework of the implementation of the government program and facilitate the task of investors and companies in the introduction of goods and export of materials outside Iraq has been working through national companies and a short record period in comparison to the important role and many procedures that are related to the subject.”

On the same level, the Minister of Commerce, “the launch of the site of the electronic point aimed at achieving many benefits and the impact of the advancement of the reality of the Iraqi economy and its openness to global markets,” pointing out that “these benefits come to create a complete database of electronic commerce in the field of marketing products He also offered tenders, methods of sale and purchase, the names of local and foreign companies, the publication of commercial legislation, shipping of all kinds, insurance, banks and all related to internal and foreign trade.

Ani, he said that ” the Minister of Trade also stressed, “Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods,” pointing out that “the project needs infrastructure and database through which we can carry out electronic business.” is over.

(Mnt Goat – Why is this article so important? Why am I presenting this to you? It is important because in order to pull this off they will need to get rid of the currency auctions and rely on dinar to pay for trade. Thus, if they do they will need to be tied in to the FOREX markets to determine the current currency rate of the dinar while trading. Get it? This is the platform to be used. This is exciting news and is all VERY GOOD for us. So much good news this week in progress of getting us the reinstatement of the dinar. This of course is when and only when we go to the bank.)

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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. The major war with ISIS has been over since Dec 2017. Let us all know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians and secret societies 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 and enslavement of people 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 reinstatement of the Iraq dinar occurs.


PRAYER

“For all leaders of all nations, that they may be anointed by the Holy Spirit to do God’s will to bring about abundance and prosperity to all.

To fight this waging war on corruption, our freedoms, our liberties, socialist plans and injustice.

That the FREE WORLD may be a shining example for the rest of the entire planet.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen
Much love to ya all,
Mnt Goat
RamblerNash
RamblerNash
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