Mnt Goat Wants Your Money...And News Brief - Says Tony And Frank26 Are Idiots 12/22/20

by **RamblerNash** Wed Dec 23, 2020 11:45 pm

Hi Everyone,

I bring you much news today.

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As usual, remember that for over 7 years, I have taken my own time from my gasthaus business to research and document findings about the revaluation of the Iraqi dinar. Please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Whatever you can afford will be helpful in this time of Covid where nearly 50% of our business is now gone due to travel restrictions.

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More news….

First, I wish to say Merry Christmas to everyone. May your New Year be Healthy- Wealthy- and Wise.

More than ever it is time to pray that God’s Hand will be swift in bringing justice to the election process. He has promised us a Christmas miracle and so let us watch and wait to see what he brings us.

More news….

Todays news is all about the recent change in the CBI selling rate of the dinar. We must try to understand just what happened and why the CBI did what they did.

From comments made on many of my more recent posts and newsletters, I got a pulse of my audience and what you folks are thinking. I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents).

What is the CBI doing?

I know we all expected the program rate to get closer 1.00 from the 84 cents prior to the project to delete the zeros. So, what happened and why is the CBI doing this and doing it now?

The answer is a brilliant move by the new CBI governor and the explanation is multi-faceted. So, I will try my best to explain all the aspects, as told to me by my CBI contact.

Remember by doing this the CBI is cutting out the spread that is made in the currency auctions and money exchangers. So, this is the first aspect.

Next, by having done this it is hurting the banks and their profit margins and the money laundering going to Iran.

Next, it is forcing the banks to invest in other profitable ventures and not get so dependent on the currency auction revenues, which are going to end soon.

Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. Why are the doing this? Shouldn’t they be de-dollarizing and not dollarizing?

The answer again lays in the reason to collect the 3 zero notes. Let the citizens have the US dollars for now. In the future the plan is to set the value of the dinar higher than the dollar. But how will they do this?

The CBI is using the principle of supply and demand. We know that in the past the CBI was restricting the US dollar. Now they are infusing them. So this is going to bring the supply up. Demand price of the US dollar then drops as supply goes up. Scarcity causes prices to go up, abundance causes prices to drop. If this works, and it should, the value of dinar will rise against the dollar as the US dollar drops. Remember the dinar is on a de facto peg to the US dollar. In short, the CBI is manipulating the US dollar to get the dinar to rise.

Defined: The law of supply and demand: Is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.

Later citizens will be taking the dollar and converting them back to dinar as the dinar revalues. This is a reverse effect. The citizens will then want to take the US dollars and exchange them back to dinars since the dinar will be worth more. The CBI is using the speculators of the US dollar to their advantage.

But here is what we need to pay attention to. This switch back to dinar is going to happen suddenly and without notice much like the devaluation just happened. This is when they will issue the lower denominations and the fun begins. It’s all in the timing.

Do you see the brilliance and strategy of the CBI?

Over the years, and just recently over the last month, we have read numerous articles about the difficulty the CBI was having collecting these 3 zero dinar notes still in circulation. We know the plan calls to collect these notes.

So, when news like this comes out, I want everyone to relax and think about these kinds of moves and what they might be doing. Don’t panic. This is a well thought out strategy by the CBI. Haven’t you learned your lesson yet in that NOTHING just happens or is COINCIDENTAL. This is all planned out for a reason and leads to their original plan.

What I don’t understand is…. Why all the worry?

This tells me that I may as well be teaching to a wall and not some intelligent people. Some of you simply refuse to listen to and go off half- cocked with your own ideas. I am telling you that you must stick to the process and what you know as FACTS. I have explained the plan to you too many times already. I told you recently the CBI is executing the plan now. So when they do this your logical question should be how does this fit into the plan. What you shouldn’t do it get discouraged and give up hope.

From these facts then you have to plug into what you are witnessing. Always ask WHY. Yes, WHY, WHY and ask again WHY! Sleep in it and think about it before reacting irrational.

I taught you how we will get the reinstatement of the dinar and how it would work. Right? I may not know all the strategies the CBI will use but I know they are moving in the right direction not backwards.

So, the good news is I feel we will see the rate get better than the 1190 (84 cents) and closer to 1.00. This will happen all of a sudden almost with amazement and shock. Then the fun begins….

Please STOP all this unnecessary worry and foolishness.

It’s all written out in the articles. Why do I read the articles and see it, yet you read the same articles and panic? Do you need reading glasses or what?

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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

CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE AVAILABILITY OF HARD CURRENCY IN THE MARKET DURING 2021

The Governor of the Central Bank, Mustafa Ghalib, announced, on Thursday, that it will work to double the provision of hard currency in the market during 2021.

The Parliamentary Finance Committee said, in a statement received by the information, that “discussions were held with the governor of the Central Bank regarding an increase in the currency exchange rate,” indicating that it “FOCUSED DURING THE HOSTING ON WAYS TO CONFRONT THE NEGATIVE REPERCUSSIONS OF THE INCREASE IN THE EXCHANGE RATE ON CITIZENS, particularly the vulnerable and poor classes, as well as the procedures that the central bank will follow towards banking companies.

The government called for "rapid reforms to protect the vulnerable classes and those covered by the social welfare network and workers in the private sector, confront inflation and provide the necessary foodstuffs through the ration card."

For his part, the Governor of the Central Bank said that the bank “IS READY TO LAUNCH A PACKAGE OF MEASURES THAT WILL ACHIEVE A SHIFTING BALANCE IN THE EXCHANGE RATE FOR THE YEAR 2021, such as launching an initiative of $ 3 trillion to support low-income people, doubling the hard currency supply in the market, and increasing interest rates on the Iraqi currency deposited in banks. “.

A member of the Parliamentary Finance Committee, Abd al-Hadi al-Saadawi, confirmed in a previous statement to "the information", that the rise in the dollar exchange was not according to a governmental approach and an economic policy, but rather as a result of confusion in the management of the Central Bank.

(Mnt Goat – are you beginning to see it now?)

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DIVERGENT OPINIONS OF EXPERTS MAKE THE FATE OF THE DOLLAR "UNCLEAR" ... THE MARKET MAY FORCE THE GOVERNMENT TO RETREAT AND REDUCE THE DOLLAR AGAIN.

December 22, 2020

The economic expert, Wissam Al-Tamimi, said that traders, money changers and importers will force the government to sell them the dollar at the price that suits them, thus reversing the decision to sell the dollar at 1450.

Al-Tamimi said in a press statement, "Merchants have refrained at the present time from buying the dollar at the number specified by the Ministry of Finance, which prompted the exchange shops to reduce the selling price at 1350 as it was recorded yesterday evening.

He added, "Continuing to sell the dollar at 1350, will make the government obliged to change its decisions, while the merchant will remain reluctant to buy the dollar at the present time because he has large sums of foreign currency."

He pointed out that “the stagnation of the markets and the lack of shopping as before by the citizen as well as the shopkeepers, and the hit of the largest economy in Iraq represented in the Jamila and Shorja area and the lack of shoppers, which will push the government to change its decisions and retreat from raising the price of the dollar. “.

Iraqis "take revenge" on the government

In a confusing atmosphere and almost approaching comedy, the exchange rate of the dollar in the Iraqi market is still fluctuating between 142 thousand and 138 thousand dinars per sheet of 100 dollars, in incomprehensible signals amid the central bank's official launch of the new price, which is fixed at 147 thousand dinars per 100 dollars To the final consumer.

Citizens have been awaiting news of the exchange rates of the dollar since yesterday in the Kifah Stock Exchange and the rest of the stock exchanges, so that the announced exchange rates will turn into comic and intense enthusiasm, reflecting the street’s challenge to the new tariff by “abandoning the purchase of dollars”, which observers considered to be the reason behind the decline in exchange rates and selling it in the markets cheaper than the price. State, which is kind of "comic".

The price of the dollar fell on the Kifah Stock Exchange this day to its lowest level at 138,500 dinars, at a time when the state represented by the Central Bank sells the dollar at 146,000 to banks, which means that the state sells more than the market price.

The owner of one of the banking stores described the rise and fall of the dollar, which did not exceed 145 at best, which also remains cheaper than the state price, and described it as a "farce" and not knowing how many exchanges are selling or buying.

And the owner of one of the banking stores explained the main reason behind the decline of the dollar in the markets at a price lower than the official state price, indicating that “THE PRICE IN THE PARALLEL (BLACK) MARKET IS LESS THAN THE NEW OFFICIAL PRICE THAT CAME AFTER THE PRICE OF THE DOLLAR WAS RAISED BY THE CENTRAL BANK OF IRAQ, WHICH LED TO THE CESSATION OF DEMAND FOR DOLLARS BY 95% ”.

He added, "WITH THE DECLINE IN DEMAND, THE SUPPLY ALSO BEGAN TO INCREASE DRAMATICALLY BY SELLING PEOPLE FOR DOLLARS TO TAKE ADVANTAGE OF THE PRICE DIFFERENCE BECAUSE THE MAJORITY BOUGHT DOLLARS AT OLD PRICES."

The continuing decline in the price of the dollar on the black market has caused it to be cheaper than the official price sold by the state, by “curing” citizens in the state considering “the failure of the plan to raise the dollar” as the continuation of supply at these prices will make everyone buy from the black market instead of buying it from The central bank because of its high rate.

(Mnt Goat- So this article pops out just days after the CBI officially changed the rate to 1495 from 1190. This plan of the CBI to bring the dinar higher than the dollar is working and it won’t take long before the dollar drops.)

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AL-KAZEMI DIRECTS THE CENTRAL BANK OF IRAQ TO TAKE DECISIVE MEASURES THAT BALANCE THE DINAR AND THE DOLLAR

Private sources reported to the obelisk that Prime Minister Mustafa Al-Kazemi directed the Central Bank of Iraq to work on quick measures to maintain the exchange rate of the dinar against the dollar in the local markets, while the Governor of the Central Bank of Iraq, Mustafa Mukhaif, announced, Friday, December 18, 2020, about a meeting with The Financial Committee of the Iraqi Parliament to discuss the crisis of the decline of the dinar exchange rate against the dollar.

In a statement, the committee said that Moharif confirmed that the bank had a package of measures that would achieve a comfortable balance in the exchange rate for 2021.

Among the measures, according to the statement, the launch of an initiative in the amount of 3 trillion dinars, about 2.5 billion dollars, to support people with limited income, double the provision of hard currency dollars in the market, and increase interest rates on the Iraqi currency deposited in banks.

The dinar began to decline against the dollar in the local market at the beginning of this week, and the exchange rate of one dollar reached between 1360 and 1380 dinars, while before that it was stable at 1222.

According to the statement, the Parliament’s Finance Committee called on the government to carry out rapid reforms to protect the vulnerable classes covered by the social welfare network and workers in the private sector, confront inflation and provide the necessary foodstuffs through the ration card.

The central bank’s sales of hard currency between (2004-2020) amounted to $ 582 billion, with a loss estimated at $ 20.7 billion. The central bank sells an average of $ 200 million per day to companies and banks for the purpose of importing essential goods and commodities and local trading.

Parliamentary oversight committees say that billions of dollars that are being sold from the central bank, for the purpose of importing goods and commodities, were sold by banks and merchants on the local black market to achieve financial gains of millions of dollars.

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REPRESENTATIVE FINANCE: THE CENTRAL BANK WILL TAKE MEASURES REGARDING THE DOLLAR EXCHANGE RATE

A member of the Parliamentary Finance Committee, Ahmed Al-Saffar, said, Friday (December 18, 2020), that the Central Bank of Iraq will take measures regarding the price of the US dollar against the Iraqi dinar .

The official agency quoted Al-Saffar as saying, and IQ NEWS followed him , that “the LEAKED BUDGET PROJECT IS UNOFFICIAL, AND NO ONE KNOWS WHO IS BEHIND ITS LEAKAGE, what is the purpose of its diversion, and what is meant by the diversion, and this affected the market situation and the citizen’s psyche.” .

He added that his committee “met with the governor of the Central Bank (Mustafa Ghaleb), and that there are some measures that the governor will take,” noting that the Parliamentary Finance Committee “continues to follow up the matter, and is awaiting the arrival of the draft budget (to Parliament) so that it has its own opinion on this. Affair. ”

For his part, a member of the same committee, MP Naji Al-Saidi, said in a statement to the official agency as well, that “the governor of the Central Bank, during his hosting by the committee regarding the repercussions of the high exchange rates of the dollar towards the Iraqi dinar, indicated that this rise was caused by the government, not the Central Bank, considering The dollar comes from Iraqi oil sales that go into the Development Fund for Iraq in the United States of America.

He continued, “The real owner of the dollar is the Ministry of Finance, which sells the dollar to the Central Bank as the government accountant,” indicating that the ministry “and two months ago refrained from selling the dollar in order to raise its price towards the Iraqi dinar to bridge the general budget deficit and achieve some developmental operations according to what The government believes, and therefore, the central bank’s justifications that the rise in the exchange rate is a government decision, and it was not a decision issued by the Central Bank.

Al-Saeedi pointed out that “until this moment, the cabinet has not voted on the general budget, and the Finance Committee has not received anything official from the government in this regard.”

He stressed, “It is not possible to deduct twice from the employee, as the first deduction will be through the high exchange rate of the dollar towards the Iraqi dinar, and the second deduction is the allocations of state employees and I think in economic terms this is absolutely untrue,” pointing out that “the Finance Committee and Parliament have the authority Amending, deleting or adding what he deems appropriate during this period.

According to the initial draft of the 2021 budget, which was circulated by the media yesterday, Thursday, the exchange rate of the dollar will stabilize in the 2021 budget by 1450, or 145 thousand dinars for the 100 dollar category .

The leakage of the draft budget for 2021 led to confusion in the exchange rate of the dinar after the leaked draft set an exchange rate of 1450 dinars to the dollar, which caused a rapid rise in the price of the dollar, which jumped to more than 1350, up from a margin between 1280 and 1320 in the past days .

A member of the Parliamentary Finance Committee, Abd al-Hadi al-Saadawi, said that the governor of the Central Bank, Mustafa Ghaleb Makhaif, informed the committee that the central bank will raise the exchange rate of one hundred dollars to 145 thousand dinars as of tomorrow, Sunday.

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PARLIAMENTARY LAW: THREE LAWS PROHIBIT TRANSFERRING MONEY TO KURDISTAN

The Parliamentary Legal Committee confirmed the existence of legal articles in three laws that defined the mechanisms of transferring the financial amounts to Kurdistan and paragraphs indicating accountability for those who violate this, indicating that any circumvention of these legal paragraphs will not be passed in Parliament.

Committee member Hassan Fadam said to / the information / that “there are three laws that define the mechanisms of financial transfer for Kurdistan between the Prime Minister, the Minister of Finance and the Governor of the Central Bank, in the Financial Management Law, the Second Borrowing Law, and the 2019 Budget Law.”

He added that "the legal paragraphs stipulated that the prime minister writes to the Minister of Finance and the Minister of Finance writes a memo to the bank, and then the Central Bank transfers the money to the regional bank," noting that "there is another paragraph that stipulates that any transfer of funds to Kurdistan outside the controls and contrary to the laws exposes itself." Of the legal issue ”.

And he warned, in support of "any circumvention of these legal provisions by the government to transfer funds to Kurdistan before the payment of what it owes," noting that "the council will not pass any amount and hold accountable the party that violates the law and transfers amounts contrary to the law.

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DEPUTY: THE CENTRAL BANK WILL OFFICIALLY RAISE THE EXCHANGE RATE TO 1450 DINARS AGAINST THE DOLLAR ON THIS DATE

A member of the Parliamentary Finance Committee, MP Abd al-Hadi al-Saadawi, confirmed, Thursday (12-17-2020), that the Iraqis will witness a near shock in which a new and large increase in the dollar exchange rate will take place.

The Central Bank of Iraq will raise the exchange rate of the dollar to 1450 Iraqi dinars next Sunday," Al-Saadawi said in a televised" interview, which she followed (Baghdad Today), indicating that "what was leaked from the Ministry of Finance today from a copy of the "2021 budget encourages traders to control the exchange rate.

He added that "most of the money that goes out from the auction selling the currency comes out with false invoices claiming to buy "things while the currency is smuggled out by buying unrealistic materials And on the border crossings, a member of the Finance Committee indicated that "the state does not control the financial policy, and the ".evidence is that it does not control the ports that enter prohibited materials or outside specifications Al-Saadawi stressed that "the government should take the initiative to agree with neighboring countries (Syria, Iran and Turkey) to stop ".dealing with 14 illegal outlets in the Kurdistan Region.

Today, Thursday, the Ministry of Finance expressed its "resentment and deep regret" for the unauthorized publication of the draft .budget for 2021 Preparing the budget is a complex technical process that includes many ministries, government institutions and international agencies" concerned with the budget over a long period of time, and it cannot be fully understood without referring to the data, policies and " strategies that are based on it, including Government White Paper.

Releasing it prematurely to the media is an irresponsible act to a large extent, and this may precede the possibility of ministers to" comment impartially on the draft budget and amend it in a special budget session scheduled to be held next Saturday," she added ".

The ministry requested "not to pay attention to the exciting statements related to the budget that may arise during the next two days She added, "The Council of Ministers will discuss the budget in detail, and it is the appropriate place to present its recommendations regarding it.

Then the budget will be sent after its approval by the Council of Ministers, to the House of Representatives," adding that "This is the correct approach and framework for discussion and deliberation regarding the budget, not social media, which may be Full of inaccurate news.

(Mnt Goat – just remember that they say “raise the exchange rate” in this article but it actually means to raise the numbers only in size but this actually lowers the rate. For instance, 1190 is a higher rate than 1450 because it takes more dinar at 1450 to exchange or one US Dolalr than it does with 1190 dinars. Get it? So the 1190 rate is more valuable. The title of the article is misleading too as it fooled many of these so-called intel gurus out there who don’t know their asses from their elbows anyhow, like TNT Tony and Frank26 and their daily dose of hype, nonesense and misinterpretations. That’s why I call them idiots )

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A PRIVATE SOURCE REVEALED THAT THE CENTRAL BANK OF IRAQ WILL SOON SET A NEW PRICE FOR THE DOLLAR EXCHANGE IN IRAQ.

The source told that "the central bank, starting next Sunday, will adopt a new price for the dollar, at a value of 1450 dinars for one dollar {ie 145 thousand dinars for one hundred dollars}".

It is noteworthy that the Central Bank of Iraq is currently selling dollars for 1190 dinars.

The Parliamentary Finance Committee hosted, yesterday, the Governor of the Central Bank, Mustafa Ghaleb, to discuss the economic crisis and the implications of the high exchange rate of hard currency on the Iraqi market situation.

The central bank governor explained to the committee, according to a statement that "the bank is preparing to launch a package of measures that will achieve a comfortable balance in the exchange rate for the year 2021, including launching an initiative in the amount of 3 trillion to support low-income people, doubling the provision of hard currency in the market, and increasing interest rates on the Iraqi currency deposited in Banks. "

According to the leaked draft of the federal budget law for 2021, it included fixing the exchange rate of the dollar against the Iraqi dinar on the basis of {1450} and a deficit that exceeded 58 trillion Iraqi dinars. The estimated revenues from exporting crude oil were also calculated on the basis of the price of 42 dollars per barrel, and the rate of exporting 3 million And 250 thousand barrels per day, including 250 thousand barrels exported from the Kurdistan region.

The former Undersecretary of the Ministry of Finance, Fadel Nabi, ATTRIBUTED THE DECLINE IN THE VALUE OF THE IRAQI CURRENCY AGAINST THE DOLLAR TO BANKS AND CURRENCY DEALERS WHO ARE WORKING TO RAISE THE PRICE OF THE DOLLAR IN ORDER TO ACHIEVE PROFITS.

The leakage of the draft budget to the media and social networking sites caused widespread controversy and turmoil in the foreign currency market in Baghdad, as the exchange rate of the dollar rose in the local market in a frenzy and exceeded 1340 dinars before it fell to 132 thousand dinars after government and parliamentary assurances that the draft is not final and subject to modification.

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CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE SALE OF THE DOLLAR TO EXCHANGE FIRMS

Central Bank Governor Mustafa Ghaleb Makheif confirmed, Saturday, that THE BANK WILL DOUBLE THE SALE OF DOLLARS TO EXCHANGE COMPANIES.

Mkhaif said in a televised statement, that "discreet precautions enable us to stabilize prices," noting that "exchange houses buy 50 thousand dollars, and we will double it to 100 thousand dollars."

He added, "The abundance of the dollar will make it stable in the market."

(Mnt Goat – So it is very clear in this article that the CBI is infusing twice the amount of US dollars in circulation after they made the rate adjustment to 1450. Why? They are attempting to bring the price of the dollar down using the microeconomics law of supply and demand. In doing so will have the adverse effect on the dinar and bring the price of the dinar back up.

What they desperately need is to get of the de facto peg to the US dollar and reinstate to the peg of the new basket of currencies. They then need to do away with the currency auctions and stop peddling US dollars on the streets. In other words the 1991 and 2003 wars are over and it’s time to normalize their currency. But the corrupt are fighting it and don’t want this to happen.)

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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 is working in the battle against the corruption of Iran in Iraq, the corruption of the democrat party in the USA and the corruption of the labor party in the UK. Yes, your prayers ARE WORKING. God has guided these patriotic men and women on this new battle field. It is a battle for the mind filled with propaganda and lies. He has guided the honest, patriots of Iraq, the USA and the UK to fight for their homeland.

So, this new war now on our citizens is underway. 3 corrupt countries, 3 heroic men and 3 miracles. God’s Hand At Work!

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. It is a battle against this crooked idealism of globalization and a One World Government of enslavement.

We must keep praying for the end to the rapid corruption and enslavement of people. 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 and work to bring about abundance and prosperity to their nation. That they may listen to the Holy Spirit for guidance in fighting this war on us.

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 or politics they are.

To end the corona virus “man-made crisis” and to awaken people everywhere of the dark side and the tools it will use to gain power and control.

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”

P.S. (Please if you can – say the rosary every day. You can do it while you take your daily run or walk. You can do while you lie in bed in the morning or nighttime before sleep. You don’t even need a set of rosary beads as you can use your ten fingers ...lol..lol..lol… )

Auf Wiedersehen

Much love to ya all,

Mnt Goat