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Mnt Goat News Brief 9/24/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat News Brief 9/24/19

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Mnt Goat News Brief 9/24/19 Empty Mnt Goat News Brief 9/24/19

Post by RamblerNash on Wed Sep 25, 2019 11:28 pm

Hi Everyone,

I bring you much news today.

I will tell everyone that this guy TNT Tony and Big Call Bruce are nothing more than a couple of royal jackasses. They are being intentionally manipulated by someone only they are too stupid to even see it. For what purpose?

I think it is just to string everyone along so you don’t make waves and stir the pot. We are all anxious about going to the bank and exchanging now. We know that others are exchanging and we know this is not the right thing or legal. We know that someone is intentionally holding back the reinstatement process too.

Their information is so far off key and fake that I just laughable now when I listen to it.

Don’t know who these characters Tony and Bruce are? That’s okay you don’t really want to know anyhow.

Stay Tuned- I will be posting a video set soon on a concise step by step presentation of currency reform for Iraq and what is involved. This is all from a 2011 presentation led by the CBI when Dr. Shabibi was still the director.

More news….

Okay so let me go over this stage of the process to delete the zeros once more time especially for any newbies:

If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. Get it? The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. I told everyone over and over again that these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency.

As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change.

A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. Many of you “babies” should know by not that Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. Get it. They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member.

So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term. A “lop” is not a slang term it is a real technical term and an IMF tool. It has meaning and a complete and bonified definition to go along with it.

WARNING WARNING WARNING

From now on anyone that even suggests a “lop” on the Iraqi dinar on my FB site is going to immediately get banned from my FB site. I truly mean it too. I am so sick and tired of having to explain all this over and over again. I swear many of you are brain dead. No wonder the socialists think they can win the 2020 election. Many of you must be democrats? So if you are too lazy to read and understand what I just wrote from above you do not belong in this investment and should sell your currency now. Get out and be done with it. You are too stupid and dumb for this investment. Evidentially someone lied to you about it and told you grand stories of getting rich quick.

WARNING WARNING WARNING

More news….

IRAQ HAD REACHED THE STAGE OF ECONOMIC RECOVERY

Committee on the economy and investment in the House of Representatives, on Sunday, the visits of world delegations to Iraq guide the country's economic recovery.

The committee member said Mazen Feeli, " The visit international delegations to Iraq is a positive sign, and evidence that Iraq had reached the stage of economic recovery, and that the arrival of countries, capital and investors to him to set up an investment and major projects, it indicates that there is ."

"The economists of those countries saw in Iraq a safe and fertile environment to invest in," he said.

More news….

CBI DECIDES TO REISSUE REPLACEMENTS FOR DAMAGED CURRENCY

Economy News _ Baghdad – The Central Bank of Iraq, on Monday, to cancel the fine shortage of deposits of small categories of banks, attributing the decision to cover the market need of new notes for small cash groups.

“In order to cover the market need of new banknotes for small cash denominations” 250, 500 and 1000, it was decided to cancel the shortage that may appear in bank deposits of small cash denominations for a limited period,” the bank said in a statement received by the Economy News. Indicating that it comes to achieve the desired goal of withdrawing the damaged cash currency in circulation.”
He added that “the counting and sorting of banknotes damaged for these categories require time and effort from the competent staff for the difficulty of counting in the counting machines.”

(Mnt Goat- this article is nothing more than the CBI telling banks they will issue more of the smaller groups of currencies (smaller categories 250, 500 and 1000 notes) already in circulation to replace the damaged ones. This is NOT talking about issuing any other small categories or coins. They are telling us there was a past difficulty in doing so due to taking so long for counting of the damaged notes manually. Because they are so damaged they can’t use the new counting machines.

Why is this an interesting article for us?

1)Iraq won’t have these issues with the new coins fils will they? The need for metal coins is more apparent than ever especially in these smaller categories. Will they issue them soon?

2)as long as they are not talking about issuing more of the large 3 zero notes I am happy, happy, happy! (i.e. 5k,10k and 25k).

3)Seems the citizens are taking to the electronic banking and using the 250, 500 and 1000 now as common petty cash. This is perfect and is fitting into their plan.

More news….

US IS NOW SELLING MILITARY EQUIPMENT TO TERRORIST COUNTRIES

(MENAFN - Iraq Business News) Navistar Defense has been awarded a $19,847,322 firm-fixed-price Foreign Military Sales (Iraq) contract for cargo trucks (6×6 General Transport Trucks, 6×6 Ton Recovery Wrecker and GTT spares). Work will be performed in Lisle, Illinois, with an estimated completion date of May 15, 2020.

Did you know?
In 2017 the U.S. Army Contracting Command awarded Navistar Defense, LLC, two foreign military contracts valued at more than $475 million.
The first was to produce and support 40 Mine Resistant Ambush Protected (MRAP) vehicles for Pakistan.

The second was to reset, upgrade and support 1,085 long wheel base MaxxPro, MRAP Excess Defense Article vehicles for the United Arab Emirates.

We are suppling military equipment to Pakistan now? Isn’t Pakistan considered a terrorist state? Is what we are being told in the news correct then?

More news….

IRAQI CBI: STIPULATED IN CONTROLS DURING THE TRANSFER OF FUNDS ACROSS THE BORDER

For the sake of the Central Bank of Iraq to clarify the instructions and regulations for the declaration of funds entering and leaving across the Iraqi border.

The Central Bank of Iraq / Council for Combating Money Laundering and Financing of Terrorism, would like to announce the first amendment to the rules for the declaration of funds when they are entered or taken out across the Iraqi borders, published in the Iraqi Fact Sheet No. 4551 dated 19/8/2019, before they enter into force in February 2020, to spare citizens and travelers legal accountability for the irregularities stipulated in those controls during the transfer of funds across the border .

Central Bank of Iraq
information Office
2019/9/24

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

CHINA JUST GOT HANDED THE OIL DEAL OF A LIFETIME

by Tyler Durden
Thu, 09/19/2019

China and Russia are sewing up whatever oil and gas fields and accompanying infrastructure that they can in Iran and Iraq, as Iraq tries to markedly up the pace of development on the fields it shares with Iran. Iraq only wants the U.S. for the Common Seawater Supply Project (CSSP) because ExxonMobil is the only firm that can do it properly and within a reasonable timeframe. ExxonMobil’s participation, though, is far from guaranteed.

Of all the key shared fields - Azadegan (Iran side)/Majnoon (Iraq side), Azar/Badra, Yadavaran/Sinbad, and Dehloran/Abu Ghurab, Naft Shahr/Khorramshahr – the first of these has been a priority for Iran since it was severely flooded in March. It is this field that was the focus of the announcement last week that two major new drilling contracts have been signed: one with China’s Hilong Oil Service & Engineering Company to drill 80 wells at a cost of US$54 million and the other with the Iraq Drilling Company to drill 43 wells at a cost of US$255 million.

According to senior oil and gas industry sources spoken to by OilPrice.com last week, it is China that will do all of the work and finance all of the drilling, with the headline ‘Iraq Drilling Company’ being on the contract simply to assuage the followers of Moqtada al-Sadr, the de facto leader of Iraq, and his Sairoon (‘Marching Towards Reform’) power bloc whose public message at the last election was that Iraq should not be beholden to any other country. OilPrice.com understands that al-Sadr privately has approved the project, otherwise, of course, it would not be going ahead.

Located around 60 kilometres to the north-east of the main southern export terminal of Basra, the supergiant Majnoon oilfield is one of the world’s largest, holding an estimated 38 billion barrels of oil in place. Rather literally, the field’s name means ‘insane’ in Arabic, derived from its possessing an ‘insanely’ large amount of oil. Discovered in 1975 by Brazil’s Braspetro (now part of Petrobras), it has been subject to a microcosm of the troubles that have affected the Iraq oil industry as a whole, with two U.S.-led wars, the war against Iran, and ongoing domes¬tic security issues leading to the cancellation of various deals with international oil companies (IOCs) over the past 40 years. A major ongoing problem for development remains the substantial quantity of unexploded ordinance in and around the site that dates back to the 1980-1988 Iran Iraq War.

Having been awarded the licence for the field on 11 December, 2009, it took Shell Iraq Petroleum Development (SIPD) and its partner Petronas nearly 18 months to clear 28 square km of land of explosives, prior to constructing and opening the first well, and then restarting production on 20 September 2013. The Shell subsidiary had to develop a new approach for removing mines, involving the use of heavily-armoured bulldozers and loaders. During the site’s construction phase, over 12,000 items were cleared and destroyed using this technique.

Additionally, in order to circumvent the dangerous conditions, the super-major had to transport an initial 48,000 tonnes of steel via the Shatt al-Arab waterway, which had previously been closed to commercial transport for 31 years. Given these logistical constraints and the longer-than-expected delay in generating any revenue from the project – already fixed under the terms of the technical service contract (TSC) terms at a relatively tight per barrel fee of US$1.39 per barrel for the developers – there was much talk that the consortium at the time (SIPD 45%, Pet¬ronas 35% and Iraq’s Missan Oil 20%) was in the process of renegotiating key parameters of the concession.
As it transpired, given the Iraqi view that the enormous reserves in situ and the low costs of recovery would more than offset any other con¬siderations, negotiations were unsuccessful. The consortium moved quickly to boost output from the 46,000 barrels per day (bpd) level being produced when it took over in 2009. Within a very short timeframe from production re-commencing, the consor¬tium managed to boost output to the 175,000 bpd first commercial production target (the threshold for cost-recovery payments for Shell), and by the end of the first quarter of 2014, the field had an average output of 210,000 bpd. As it stands, the field is now producing only marginally more, at 240,000 bpd.

Longer term, the original production tar¬get figures for the Shell-led consortium still stand: the first production target of 175,000 bpd (already reached), and the plateau production for the site of 1.8 million bpd. The Iraq Ministry of Oil’s own latest target is for 450,000 bpd by the end of 2021. All things remaining equal, the International Energy Agency (IEA) maintains its projection for 700,000-1 million bpd at some point in the 2030s.

As it has transpired, the floods in March handed China ‘a deal of a lifetime’, according to Iraq oil industry sources. It is widely posited that much of the structural damage to the Majnoon area was caused by the erosion of subsoil across over one million hectares of forest and brush land in both sides of the region – Azadegan and Majnoon - by Iran’s Islamic Revolutionary Guard Corps (IRGC) as a result of extensive building programmes. Because of the geology of the region, Majnoon fared worse than its neighbouring Azadegan. Crucially Azadegan field, and is in prime position in South Azadegan as well, so it is in a position to address the potential flooding problem across the entire region, covering both Iran and Iraq sides, and including widespread berm building and maintenance, and directing of water flows.

Partly because of this, China has been negotiating a deal with Iraq for one of its oil and gas entities (China National Offshore Oil Corporation is the one on the table currently) that involves a 25-year contract. However, the contract would officially start two years after the signing date, so allowing CNOOC to recoup more profits on average per year and less upfront investment, according to a senior Iraq source. The per barrel payments to China will be the higher of either the mean average of the 18 month spot price for crude oil produced, or the past six months’ mean average price.

It also involves at least a 10% discount to China for at least five years on the value of the oil it recovers. China, for its part will make good on the structural damage to the site and will increase output to at least 500,000 bpd by the end of May 2021.
“With the terms of the deal on the table, China would make between eight and nine billion dollars profit every year from Majnoon alone,” concluded the Iraq source., though, China is currently the lead operator of the North.

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ROLE PLAYED BY THE CENTRAL BANK OF IRAQ AND ITS ACHIEVEMENTS AND LUMINOUS POINTS DURING THE LEAN YEARS (2015-2019)

In accordance with the amendment of Article 58 of the 2019 Budget Law by setting the date of 10/24/2019 as the last date for the selection of the occupants of special grades and the confirmation of those who are acting or replacing them with others.

I believe that the application of this article in a transparent and professional manner and without prior political and personal intentions and in the service of Iraq means that the competent authorities in the government and in the House of Representatives to adopt important and basic criteria, starting first and foremost from an evaluation and analytical view of the results of the official in the office during his responsibility which he and his team were able to achieve national achievements and have a direct impact on the achievement of the central objectives of the previous and current government within the axes of government programs approved by the House of Representatives.

In order for our conversation to be clear and specific must be evaluated the results of the work of three main bodies had a prominent role in the economic field and the fight against corruption are the Central Bank of Iraq and the Office of Financial Supervision and Integrity.

What concerns us here is the role played by the Central Bank of Iraq and its achievements and luminous points during the lean years (2015-2019) in which Iraq suffered from economic shocks and security and was able to policies, procedures and wise applications of monetary policy to support the national economy and contribute directly to achieve economic resilience A decisive victory over terrorism because military victory cannot be achieved without steadfastness and economic support.

Therefore, through the review, analysis and evaluation of the neutrality and transparency of the Iraqi economic situation and in particular what has been achieved by the ministries and economic institutions in Iraq from a competent point of view has been reached facts, evidence, signals and achievements confirm that the Central Bank of Iraq proved that the first economic institution through the important achievements in supporting the economy And to achieve economic steadfastness and strive to achieve economic stability in accordance with the objectives of the main strategy and subsidiary and this is what he has already achieved. In fact, it contributed to the achievement of the victory on terrorism and accompanied by another victory is the steadfastness and economic victory, which was the team of the Central Bank of Iraq and its governing role and a leading role in achieving it.
The economic victory achieved the most prominent results and most important support the state treasury and stabilize the exchange rate and the recovery of the Iraqi dinar and reduce inflation and maintain the rate of less than (2%) and maintain a cash reserve of up to $ 74 billion is enough by more than 170% as a cumulative accumulation according to the latest standard of the IMF International with gold reserves within an excellent record rate at the global and Arab level according to the World Gold Council.
In addition to its adoption of standards and controls consistent with the requirements of international standards in compliance and combating money laundering and the financing of terrorism and liquidation up to 700 international observations registered on the Iraqi banking system and our exit from the monitoring and follow-up area in accordance with the Financial Working Group Policies to restore confidence in the banking transactions of Iraqi banks with Arab and foreign banks, and strive to build a solid banking sector and continue to make extraordinary efforts to improve the banking reputation of financial institutions and organizations The Mechanism and correspondent banks and building strong relationships with the central Arab and foreign banks and international financial organizations and the Security Council's call for the central bank governor in a rare accident to view the achievements in the field of combating money laundering and the financing of terrorism as well as the procedural and organizational, structural and developmental internal policies which aim to achieve a fee.

It was all these achievements that called on Arab bankers to elect the governor of the Central Bank as deputy governor of the Arab Monetary Fund at its current session and the chairman of their board in the next session, a living embodiment that Iraq's economy is rising and recovering from its crises and that this is a tribute to the Iraqi people and its economic, financial and banking institutions.

The question now is whether Article 58 will be applied in the 2019 budget according to transparency and respect for the principle of public service in the service of society?

The answer is yes, we hope that, although we have great hope in the members of the Council of Representatives of the Iraqi people, especially the parliamentary finance committee, it is the competent authority, which we trust very much. Certainly in the service of the Iraqi economy.

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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) and now the corruption in Iraq have worked. God has guided these young men and women on the battle field. He has guided the honest, patriots of Iraq to fight for their homeland. So this new war now on our citizens is underway. New battles are raging every day over corruption. These are battles to save our societies 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 also in the United States. We must pray for our leaders that they may be anointed by the Holy Spirit and guided to do God’s work. 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 their nation.

To fight this waging war on corruption, our freedoms, our liberties, socialist plans and injustice.
To bring all those corrupt to justice and pay for their crimes no matter how high up in the government they are.

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
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Post by Ponee on Thu Sep 26, 2019 9:05 pm

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Post by Ponee on Thu Sep 26, 2019 9:05 pm

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