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Mountain Goat 3/22/18

March 21, 2018 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

It is spring already and so Happy Spring everyone.

So many of these so called “guru” want to lie to you once again. They have painted a picture to you that this middle eastern holiday of Nowruz is a new holiday to celebrate the beginning of the new prosperity brought on by the ending of the war with ISIS and the RV, as the RV is to trigger it all on March 21st. So when are we going to learn? Of course for them everything is about the RV. They told you that the new category notes would be launched on the 21st and then the new rate on the 25th of this month. Okay I waited yesterday and no new lower denominations where launched in the banks or the ATMs. You can wait if you want but I tell you that you will also not see the new rate either on the 25th.

So what happened? Nothing happened as they just lied to you. Get it? They fabricated the story using an OUNCE of truth (the Nowruz holiday) and then backed into their phony story to a MOUNTAIN of intel. They have been doing this all along. Get it?

So here is the FACTUAL story about this holiday.

March 21 marks the first day of Spring, but for millions of people around the world it’s also the start of Nowruz or Norouz, the New Year or Persian New Year. Nowruz, which means “new day” in Persian, has been CELEBRATED FOR MORE THAN 3,000 YEARS, and traditionally begins the very moment that the sun crosses the equator on the vernal equinox. The holiday has roots in the ancient Zoroastrian religion and marks the first day of the official calendar.

Nowruz ushers in A CELEBRATORY PERIOD OF TWO WEEKS, in which families clean their homes, visit relatives, and share festive meals and gifts.

Nowruz is also observed with cultural events and ceremonies, including street performances of music, poetry and dance. Families enjoy traditional foods, such as reshteh polow, a dish of toasted rice and noodles with lamb, dates and raisins.

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

More news….

I also have one more “bone” to pick with these intel “gurus” today. One in particular is TNT Tony, who keeps telling you that the IQD is already international. Why in hell does he say this? Does he actually believe this nonsense?

I have heard him and Rayren tell you this over and over again on their intel conference calls. So let me set the record straight once and for all. I have already said this many times, but these idiots just don’t seem to get it or maybe they are just not smart enough to understand it.

So, when the UN put monetary sanctions on Iraq, the IQD was stripped from the global currency exchanges. This was done in 2003. The 3 zero notes were launched in Oct of that year to combat the ongoing inflation and also to stop the terrorist from using the currency to buy weapons to fight the coalition forces. These new 3 zero notes were intended for IN-COUNTRY use only. Get it? In 2003 Iraq went into a “closed economy”. Get it?

There was an intentional process then to restrict the 3 zero notes even more. If Iraq wanted to do commerce and trade with the outside world (and they had to) they set up the currency auction process, where merchants took the 3 zero notes and exchanged them (or better yet “swapped” them) for the US Dollar. They used the USD since they had to artificially and temporarily peg the IQD to something to gauge the rate (or set a guideline for its value) this is called a “ de facto” peg.

So once these large 3 zero notes were launched they also began to be sold outside of Iraq by the banks and specialty currency brokers. In 2013 the banks were asked to stop selling the IQD due to the liability that the currency could get into the hands of terrorists and once again and help fund them in the fight against the coalition, Peshmerga and Iraqi Security forces. Some banks had already voluntarily stopped selling the IQD even before this period due the hassles of the speculators constant nagging of when the currency was going to RV. This nagging mostly started after the 2010 target to Reinstate the currency, as the CBI announced the going ahead with the project to delete the zeros in this direction and planned an EARLY 2011 January substantial increase in the value and to release it back to the global markets.

This did not happen due to political instability but the main point is that some banks still continued to sell and buy the IQD. Oh- but it was still not back on the global markets (FOREX) and traded. How could this be?

Folks the banks just want to make a buck…get it? They are looking at all these private internet currency exchangers and asking themselves – why don’t we sell the IQD again. Why let all these private brokers get rich?

I will say the banks did have a point. But here is the important point here. After ISIS was defeated, the US Treasury sent out notices to the banks once again encouraging them to compete with the private currency dealers. This essentially released them of any liability that they could be funding terrorists, should they sell the currency and it got into the wrong hands.

So what did many of the banks then do?

Of course the went out and began selling the IQD again. They are not competing once again with the private internet brokers.

So by reading this FACTUAL story, how does this possibly mean that the IQD is once again international already (even at the 1182 rate)? I don’t get it. How do you draw this conclusion? Why is TNT Tony saying that is it international and that we are just waiting for the rate to adjust? I will tell you there is ABSOLUTELY NO justification to say this.

The FACT is we are not even waiting for an RV! We are waiting for the currency to be Reinstated back on the currency exchanges. I know many of you migrate to FOREX (the largest global foreign currency exchange) but there are many more, in fact an entire list of exchanges.

But here are the REAL and FACTUAL tests to determine if the IQD is already international not just whether or not if

1. Test #1- has the CBI “officially” announced that the IQD has been reinstated?

2. Test #2 – has the CBI stated recently that they are completing the process to “delete the zeros”?

3. Test #3 – Do you see the IQD reinstated on FOREX outside of the “closed economy” program rate? Example 1182 IQD : 1 USD - 1 IQD : 1 USD?

4. Test #4 – Are the currency auctions ended? No! - in fact they continue and Iraq still has to convert IQD to USD to conduct outside trade with their external trading partners;

5. Test #6 – is the IQD on a float on any of the global exchanges? NO! The CBI has told us over and over again that once the IQD is “reinstated” (and they used this term) the plan is to move it into an SDR “basket of currencies” from the “de facto” peg (which was only a temporary measure);

6. Test #5 – have you already exchanged at the bank for a significant increase in value? NO! ;

7. Test #6 – can the hedge fund and investment portfolio managers easily obtain the IQD and are they now buying it? NO! Incidentally this is not yet happening not because the rate is still 1182, but because the risk is too high since the currency is not “officially” reinstated back as a legitimate currency on the global markets. These funds managers can not and will not put collector- type speculative currencies in their portfolios. I don’t care how you and I perceive the future value of the currency. We are not hedge fund managers with clients who pay them fees to manage their funds. How can they now justify the IQD in a portfolio based on the last 15 years of what has been happening in Iraq? How many times have the targeted to go ahead with the reinstatement process and didn’t do it. So why would these fund managers then use the IQD, knowing darn well the instability of the past in the country? You tell me cause I don’t know….

So, we can clearly see that the IQD does not pass any of these simple tests for international status.

Sorry TNT Tony and Rayren, as usual both of you are full of shit! Somehow you guys always seem to simplify the FACTS down to your simple mindedness and get it all wrong.

So, the fact the SOME banks are once again selling and buying IQD has nothing to do with whether or not the IQD is now international. I hope everyone now understands this, but most importantly, know that this is not Mnt Goat’s OPINION but rather FACTUAL data.

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

More news….


(Mnt Goat But then again how many times have we heard them tell us this already over the last 10 years? Is this a game or is this real?

But also remember this too – How many times did we see the RV targeted to go – 2011, 2013, 2016 and 2017. So go figure? Let’s hope this is it this time. But the good part is in each of these targeted dates they told us the same thing. What makes this time any different? We already witnessed the oil and gas law (HCL) get passed and is being implemented. They told us Article 140 is right around the corner too. We probably should not expect any reinstatement until at least after March 29th. Then again don’t expect them to “pull the trigger” on March 29th either……lol…)

Iraqi TV is broadcasting that Parliament will hold its last session on March 29 WHERE THEY INTEND to pass ALL remaining laws.

No sessions are anticipated in April due to preparations for the May elections.

(Mnt Goat - let’s hope they get this reinstatement done prior to the elections. We know anything can happen during and around election time.

See further details of second article on this topic in the articles section below. )

More news….

Warka Bank for Investment and Finance is delighted to inform its fine clients that the Central Bank of Iraq has approved that our clients can participate in the upcoming capital increase. Warka clients are now permitted to purchase Warka stock from the funds now deposited in their bank accounts participating in the capital increase in accordance with the banking laws.

The Warka stock will be purchased at a value of 1 IQD per Warka share and will be registered in the clients ‘s good name in the ISX depository system where the stock will re-trade regularly back in the Iraqi Stock Market once the general assembly hearing and capital increase procedures have been completed.

(Mnt Goat – folks so many “gurus” have made such a big deal about this announcement. This is nothing more than the bank selling stock to increase capital in their own bank. The stock is selling for less than a penny USD. Yes if they sell a lot of it and the IQD does get revalued the bank stands to make a ton of money.)


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 decision of the House of Representatives Imad Juhna, on Wednesday, that the Presidency INVITED THE PARLIAMENTARY BLOCS TO HOLD A MEETING ON 29 OF THIS MONTH TO VOTE ON THE PENDING LAWS, stressing the need to agree with the heads of the blocks to mobilize to attend this meeting.

(Mnt Goat – note he did not say they are going to do it, but rather he said they were “invited” to do it. So let’s see if it really happens.)

He said in a press statement that 'the Presidency invited the parliamentary blocs to a meeting on 29 TO VOTE ON THE PENDING IMPORTANT LAWS', adding that' the laws ready to vote from 30 to 20 laws, including oil and gas laws and the Federal Court and cyber crimes and other laws and decisions ready to vote if they can get a quorum.

He added that the 'vote on the laws will be a major achievement of the House of Representatives and the lack of legislation is a take on the parliament and therefore the deputies who want to address their audiences to pass the laws,' noting that 'NOT TO VOTE ON THOSE LAWS BECAUSE OF POLITICAL STUBBORNNESS BETWEEN THE BLOCKS TO THE WILL OF SOME OF THEM, THE PEOPLE KNOW WHO THESE PARTIES ARE. '

"The law of the Federal Court in the inclusion of the Council for more than five years because some blocs want to veto, and some of them want to put a court in the court."

He added that the 'BETWEEN THE LAWS OF OIL AND GAS, WHICH IS THE CAUSE OF THE DISPUTE BETWEEN THE CENTER AND THE REGION BECAUSE THERE IS NO LAW governing the deal between the parties', noting that' the law of information crimes, which is important laws based on the detection of crime and aggressors on people and control of terrorist cells in addition to there Other laws are very important, including social security and the laws of ministries because some ministries operate without a law and there are decisions concerning students and important segments of the Iraqi people.



BAGHDAD (Reuters) - Iraq sent money to pay salaries of state employees in the Kurdish region on Monday for the first time since 2014, the Baghdad government said, although a dispute over how much it will send the Kurds in future remains unresolved.

Monday’s agreement represents a step toward normalizing relations between the central government and the autonomous Kurdish region, which held a vote for independence last year that the central government swiftly crushed.

Under the constitution, the Kurdish region is entitled to a share of the national budget. But that arrangement collapsed in 2014, when Iraq’s army fled the north in the face of an advance by Islamic State militants.

The Kurds seized control of Iraq’s main northern oil fields at Kirkuk from Islamic State and began selling Kirkuk’s oil independently; Baghdad stopped sending money to the Kurds.

Last year, after Islamic State was driven out of the north, the Kurds held an independence referendum, voting overwhelmingly to secede. But the central government responded by swiftly launching a military offensive and recapturing control of Kirkuk, which quashed the Kurdish independence bid.

The central government and the Kurds have yet to agree on a full plan to resume payments from Baghdad to the Kurdish region.

The 2018 budget, passed in parliament earlier this month despite a boycott by Kurdish lawmakers, calls for the 17 percent of total revenue allocated to the Kurds to be cut in line with the region’s share of Iraq’s population, which is disputed.

The Kurdish region still conducts independent oil sales, although it has far less oil to sell now that it no longer controls Kirkuk.

“The federal finance ministry transferred a cash sum of 317 billion Iraqi dinars ($267 million) to the region’s finance ministry,” Baghdad government spokesman Saad al-Hadithi said.

Hadithi said the transfer would cover the Kurdistan Regional Government’s (KRG) salaries for a month, for employees of all ministries and for the Peshmerga Kurdish security forces.

In a statement, the KRG said its finance ministry had received the transfer and would distribute it.

Asked about future payments to the KRG to cover salaries, Hadithi said the federal government would agree to pay a portion while the rest should be covered by the KRG from its oil sales.

Other measures imposed by Baghdad to curtail the Kurdish region’s autonomy in the wake of last year’s referendum are gradually being eased, including a ban on direct international flights which was lifted last week. The first international flight landed at Erbil airport on Monday morning.

However, the issues of the KRG’s independent oil sales and share of the budget remain unresolved.

Baghdad has sent teams of auditors to Kurdistan in recent months to assess the number of employees on the region’s payroll. A statement from the Prime Minister’s office announcing the agreement on Monday, specified that the audit was ongoing.



Sumer News: Revealed the MP for the movement of change Tafka Ahmad, on Monday, the federal government handed the amount of 317 billion dinars allocated to salaries of employees of Kurdistan, indicating that the amount is not enough to meet 30% of salaries of employees for one month.

"The Kurdistan government was spending about 590 billion dinars in monthly salaries for the staff of the region in the case of compulsory savings, while Kurdistan was spending about 890 billion dinars as a monthly salary for employees without saving system in the past time," Ahmed said in a press statement.

She added that "what the federal government spent 327 billion dinars, that the amount is not enough to meet 30% of the salaries of employees of the region and all ministries."

"She said Ahmed," Baghdad has broken promises, especially ministries of health and education in Kurdistan, where it was hoped to send the salaries of employees in full without



The Iraqi parliament voted March 5 on the National Oil Company draft law, which regulates oil production and exports and fairly distributes its revenues to the different regions of Iraq.

The clauses of the law stipulate that a percentage of oil imports be divided to Iraqis residing in the country as well as the Kurds in Iraq's Kurdistan Region if authorities in the region agree on delivering the oil production from their fields to the Oil Marketing Company (SOMO).

Historically, the law forming the Iraq National Oil Company was first issued in 1964 in order to develop oil production from exploration and drilling for oil and natural hydrocarbons to the manufacturing of products.

Oil was nationalized in 1972, and foreign company investing was excluded.

In April 1987, Iraq decided to merge the company with the Ministry of Oil. SOMO has continued to run the oil transfer and sales operations since its founding in 1998. On March 5, Iraqi Minister of Oil Jabbar al-Luaibi described the vote on the draft law as “a historic decision.”

(Mnt Goat – the new HCL or Hydrogen Carbon Law is a law (legal policy) that is called for within the new 2005 Iraqi constitution. The USA and the IMF have been noted in saying that they will not support “full” exit of Iraq out of monetary sanctions until Iraq formalizes this law and makes it a legal and binding law and then implement it. We can see the constant tension between the GOI and the KRG resulting from not getting this law in place.

I will also note that this is part of the mandate to have a fully implemented constitution.

We know that the “final” exiting out of monetary sanctions will come when we see movement of the monetary policy from working under Article 14 to Article 8 of the UN Charter. Just so you know this HCL is also being called the “oil and gas law” for those not keeping up in the news. We have waited so long for the HCL and now it might finally get done? This is not my opinion either. Read the damn article……lol….)



(Mnt Goat – again this is just someone’s opinion. The court was asked to rule on this issue and did so recently in favor of abiding by the constitution. So here we go again more rhetoric. Stay focused. We are hearing that the referendum is written already and the census is being completed to make this happen very soon.)

ERBIL, Kurdistan Region – A Shiite MP from Iraq’s largest parliamentary bloc argued that Article 140 of the constitution should be abolished.

Article 140 of the Iraqi constitution dictates that the status of disputed territories, claimed by both Baghdad and Erbil, must be resolved via a census and referendum “to determine the will of their citizens” before the end of 2007. It has never been implemented.

"I am saying that there is no such thing as disputed territories. Such a phrase is used between two states. We have one state. There will be disagreement concerning borders, but there are no disputes. Dispute between who and who? If the region is a part of Iraq, it needs to have an understanding with the centre,” Kahalf Abdulsamad, member of the Shiite State of Law bloc, told Rudaw.


Former prime minister, Nouri al-Maliki, head of the Dawa party, the largest within the State of Law alliance, has also stressed the importance of forming a majority government, arguing it will be able to govern more effectively than the current coalition-based administration.


“The Kurdistan Regional Government is recognized as the official government of those areas it administered prior March 19, 2003 that fall within the boundaries of the provinces Duhok, Erbil, Sulaimani, Kirkuk, Nineveh and Diyala,” reads an official statement by the court on March 11.

The province of Kirkuk and areas of Diyala and Nineveh remain disputed.

“Concluding this matter will be via a formed committee, based on Article 140 of the constitution,” the court stated.

“This is an answer to those who say that Kirkuk and the 140 article are finished," Amin Bakir, head of Gorran's faction in the Iraqi parliament, told journalists on Thursday.



Baghdad: Al-Furat News) Prime Minister Haidar al-Abadi congratulated the Iraqi people and the Kurdish people, especially on the occasion of Norouz.

Al-Abbadi said in a congratulatory message today that "the most sincere words of congratulations and sincere congratulations to the people of our people in general, and especially the Kurdish people on the occasion of the feast of Nowruz," calling for "Yemen to all Iraqis for the full security and stability and strengthen their unity and cohesion for the good of their country, And a higher example of the peoples of the world, especially as we are going through a new phase and a beginning in which all the problems were melted away and transformed from a great victory over terrorism into a powerful and impenetrable country that derives its strength from the unity of all the components of its people. "

"I also wish our Iraqi people in general and our Kurdish people, in particular, a decent life in one Iraq where all their children live side by side and enjoy their rights to justice, equality and non-discrimination."



Information / Translation ..

WASHINGTON (Reuters) - The United States has made serious mistakes in Iraq that have led to an upsurge in violence, the former US commander in Iraq, General David Petraeus, acknowledged Tuesday, adding that his country was waiting for "what it would do" to determine its future military presence.

"The United States committed serious mistakes in 2003, such as the expulsion of thousands of Iraqi military and civilian personnel from their work," Petraeus was quoted as saying in the interview, quoting Petraeus as saying that "SERIOUS MISTAKES HAVE UNLEASHED WIDESPREAD VIOLENCE." "The hard-won victories soon evaporated after US forces left the country," he said, BLAMING THE FORMER IRAQI PRIME MINISTER, NURI AL-MALIKI, WHO PUBLICLY FOLLOWED A SECTARIAN AGENDA.

"THERE IS A NEED FOR THE PRESENCE OF US TROOPS IN THE COUNTRY FROM NOW ON, to train Iraqi forces in the best way to use their US-made weapons, but the mission's future and advice will depend on what it does," Petraeus said.




The New York Daily News, through an analytical article published by the New York Daily News, called for an actual and real "account" of those responsible for the Iraq war and to provide the necessary answers.

The newspaper said during the article that the Iraq war is still controlling the US policy and affect it, even after 15 years, explaining that the victory of the current President, "Donald Trump," in the previous elections came because of his position on the Iraq war, which included a "false rejection".

This false rejection was enough for the soldiers and their families to vote against Hillary Clinton, who was a supporter of the Iraq war, in the hope that they would get answers to that war or, in a few cases, to express their rejection of the pro-war ideas of the camp."

It is noteworthy that the US press, especially the local ones, launched a two-day campaign against the Iraq war, the US foreign policy that led to it, and the people involved, on the occasion of the fifteenth anniversary of the US decision to invade Iraq in 2003.

(Mnt Goat – It is not just the war with Iraq but also with Afghanistan that we need answers for. We also need to answers to these orchestrated false flag events such as the 911 plane crashes iin NYC and school shootings. Oh – these events were real and they did cause heartbreak and disaster. But who is REALLY behind them and orchestrated them? Is it the dark shadow government of the US Government? Is it now time to “drain the swamp’ of these monsters and get the FACTS out on the table? Why this insistence on keeping this war on terrorism going and a “formal war time effort”. It this the real reason we are seeing more of these false flag events – to keep the war on terrorism going. Maybe we can better spend our money on national infrastructure at home instead of war machines? Is it time to give vast amounts of money back to the people and not military war machine? Yes Obamas this is the change we wanted and thought you were going to bring us. Now we leave it to president Trump. Can he do it? We are hopeful! )


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 also keep praying. I have composed a prayer maybe we can all pray today in our own way and until the revaluation occurs.


“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 Republic of Iraq and the United States 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 the world to follow. In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Topics tagged under 1- on Dinar Daily 29542398_601125643556165_7020295955672989696_n

Topics tagged under 1- on Dinar Daily 29496648_601125796889483_3929606015951044608_n
by Mountain Goatee
on Thu Mar 22, 2018 10:21 pm
Topic: Mountain Goat 3/22/18
Replies: 3
Views: 1584

Mountain Goat 12/29/17

December 29, 2017 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

We are now at the 5th day of the 12 days of Christmas. So, what do we know happened this week and in the past couple weeks so far. How does this relate to my news of an RV?

Tic Toc, Tic Toc we are on a clock!

We must believe this RV is coming soon. There is just way too

much evidence in all areas to think otherwise.

Please don’t tell me I have the BEST intel just because the news is in line with what you want to hear and how you think. The real, factual news is reality whether it is what you want to hear or not. I will not fabricate the news to fit your fantasy. So, yes I agree my newsletter is the BEST, but for all the right reasons. Get it?…lol…

So where do we now stand? Let us focus on the right issues and not be so worried about other global events having no to little impact on what Iraq does.

FACT 1: We know the plan was NOT to use the ATM machines until the new lower category notes are to be launched. We have read multiple articles about the banks complaining to the CBI about their investment in these machines, yet they can’t use them. What is taking so long?

FACT 2: The CBI has told us as far back as 2011 the plan to “delete the zeros” and these ATM machines were connected and would be part of this process as they would be used to launch the new notes (lower denomination categories)

FACT 3: We know these new category notes can't be launched without a new rate since - why would they put a note out that is worthless under the program rate? For example: a 1 dinar note is worth only .001 of a cent USD. Totally meaningless and worthless to the Iraqi people.

FACT 4: We know that the UN security council voted on Dec 8th to "fully' release Iraq from Chapter VII. This means they can do whatever they want with their currency (within certain boundaries of the IMF, including the re-instatement back to a normal status). In other words, they technically do

not have to conduct the currency auctions any longer or trade using only US dollars. This does not mean the currency auctions automatically ended on Dec 8th as some are telling you. In fact, just this week the CBI published yet another currency auction results. So go figure who is lying again.

FACT 5: We know thru hundreds of articles that these currency auctions were the basis for ramped corruption, money laundering, terrorist funding. We know the frustration of the CBI and how it can't seem to eliminate this corruption to satisfactory levels, thus the only alternative is to eliminate the auctions. But when and what then?

FACT 6: The Financial Ministry has told us they want to reconcile their 2017 accounts by year end and go home until the end of December.

FACT 7: The last four (4) targeted RV timeframes (2011, 2013, 2016 and 2017) were all in EARLY January. Our guess is the CBI will go do the same in the next attempt. Evidence is showing an EARLY 2018 timeframe, however the CBI has NOT “officially” told us this is the case, as in the other attempts.

FACT 8: We know the Finance Committee of the GOI wants to start a new fiscal year fresh when they do re-instate the currency. We know that the Finance Ministry has hired consultants to model RV 1:1, 1:2 and a 1:3 (IQD:USD) scenarios. Why would they do this? It was very expensive to do.

FACT 9: We know the basic process of how the CBI intends to roll out the re-instatement of the currency. It includes a slow rollout of the new lower category notes as the rate increases. This must coincide with a new rate of some kind to kick off the process.

FACT 10: We know that the CBI wants to float the dinar but can’t under the program rate and here is why. The CBI has told us that floating the dinar is difficult to apply in Iraq because the government monopolizes the dollar. The economy relies on a fixed exchange rate, or fixed with flexibility, and do not resort to the float method. In a very recent article the CBI notes that floating is difficult to apply in Iraq, considering that the government monopolies the currency and it is on a de facto peg to the dollar. The offer of the dollar and used as the only currency to deal in foreign trade. Remember this is all on the program rate and so they know they must get off the program rate, launch the currencies on the global exchanges and that way it can be allowed to float.

FACT 11: We have been told the final rollout of the new currency will be within Iraq going first, then adjusting and watching for inflation (the re-instatement). Then within maybe 1-2 weeks later the full revaluation rate being released and then moved to the global currency exchanges (the full revaluation).

FACT 12: We know that on Dec 27th we have four (4) articles about the launching of the ATM services in Iraq. One more just came in today and so that makes five (5). I included the fifth article in the full articles section. Is this a BIG deal? These machines are NOT yet in service dispensing currency but they are telling us they are ready now for also the Rafidian bank. That is all they are telling us. So relax. Many of the other banks have already signaled to the CBI that they are also ready.

FACT 13: We know oil has risen to well over $60 a barrel. Does this effect the timing of the RV? I believe it does since if we look at the past, evidence shows us that during the first two attempts oil prices were very high but later crashed due to ISIS invasion. ISIS invasion is now over and what happens to oil prices?

By the way this is NOT the first bank to have the machines come online.

I quote from the article below:

“While this credit mechanism was applied to the Iraqi Trade Bank and four private banks Baghdad, the Middle East, Ashur and Al Ahli, but did not implement them in the bank of Rashid and Rafidain”

So what are they waiting for to load them?

Will they fill then with cash and begin dispensing soon?

Now that you have the FACTS let’s analyze them and try to make some sense of them. Can you connect the pieces to the puzzle? Can you see it now? We have been standing off looking at the puzzle as it is taking form over the many years, so let’s now plug in more of the missing pieces and see the entire picture.

Folks this is like a movie script being followed. It could not be more perfectly played out as the process we have been told is coming all to fruition.

My worry, however, it that many of you will take this news and jump to conclusions, listen to some of these other idiots out there and then be disappointed when you don’t get what you want, when you want it.

I already am reading many of the replies to my last newsletter of Dec 27th. I see all the hype. Excitement is one thing but let’s lay off the hype and hysteria. Let’s not all rush out and buy more currency, like some of these idiots are telling you to do.

Folks let us all SLOW DOWN and relax. We still have some time to go. It is only Dec 29 and still we have seven (7) days of Christmas to go……

Let’s gauge the timing when we get to the end of the Christmas season..ok?

Remember to look at the timetable I gave you in one of my recent newsletters. It is listed on my photo section. What does it show for the next RV date? It shows EARLY January 2018. Are we there yet?

The ATM machines are NOT now dispensing any currency. The are live but dormant. The Rafidian bank did a ceremonial ribbon cutting on their part the other day.

The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs. These are the notes being deleted and the banks do not want to infuse more of them back into circulation. So that leaves only the newer lower category notes. Right? And we know what must happen when they launch these notes. Right?

Let me tell everyone just how bad this intel community really is.

If you knew all the FACTS that I listed above #1-#11, then if someone from Iraq told you the ATM machines are working what would be your next question?

Of course, if you had any BRAINS you would ask what categories of notes they are dispensing. Right?

So what are they dispensing? When asked nobody seems to know. Really? You are making all the hysteria over this Rafidian Bank announcement of the ATM Machines but you don’t even know why we are watching for this event.

Does this surprise you?

This ignorance has been apparent over the many years of most of these so called idiotic “gurus”. Simply a lack of getting the right information to draw the right conclusions.

So let Mnt Goat tell you what the categories are now dispensing. Listen carefully!


Do you want to hear it one more time?


So what happens when the dinar rate does change to something very substantial, like a 1:1?

The banks will launch the lower categories by loading them in the ATMs such as some or all of the 1,5,10,25,100 notes. This will be done as needed to meet the demand.

However, having said all this, I have to tell you we have known the ATMs were an integral part of the plan of the “project to delete the zeros” all along. We have known this since 2011, if you paid attention to the news back then from the CBI and the Finance Ministry. Yes, we have been waiting now for over 6 years for these ATM machines.

Now that the ATMs are “launched” (meaning online) when will they load the new notes?


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


For the first time, Rafidain Bank launched an electronic ATM to withdraw money from any place, which is considered by an economist as an important step in the right direction, albeit small, while stressing that it will reduce the costs and time spent by the customer to deal with banks, and reduce the need of citizens to accumulate funds in homes, Pointed out that the CENTRAL BANK IS PREPARING FOR A LARGE AND COMPREHENSIVE PROGRAM FOR THE DISSEMINATION OF ELECTRONIC MEANS IN THE BANKING SECTOR.

On 5-12-2016, the Central Bank of Iraq (CBE) launched the National Bank, which allows the credit card holder issued by any government and private bank to withdraw money from any ATM machine spread throughout the country.

While this credit mechanism was applied to the Iraqi Trade Bank and four private banks Baghdad, the Middle East, Ashur and Al Ahli, but did not implement them in the bank of Rashid and Rafidain, where criticized the experts in the money and economics, especially since the world started to operate this service since the start of the ATM.

Al-Madaa Bank has announced the opening of an international ATM service center to provide excellent banking services to citizens and employees for the purpose of withdrawing their funds when needed. "This step also limits the risk of different segments of citizens to thefts that the money they carry through this card will not be visible. "

"THE CENTRAL BANK HAS FOR SOME TIME ADOPTED A PROGRAM TO DISSEMINATE ELECTRONIC MEANS OF PAYMENT," said economist Ahmed Barihi. "The Rafidain Bank was basically a supporter of this program.

(Mnt Goat – but could not implement it in the past due to political reasons)

The Central Bank is continuing to use more electronic means in the sector. The bank, as it is considered important and worthy of attention, we see that the intention with the so-called reduction of the time required to deal with banks and reduce the time of transactions, which means converting the currency cash dinar for electronic transactions security, it also facilitates the conversion of currency to another currency, not to mention the pace of transfers in B N accounts, all of these operations gradually take place electronically concatenate, and consequently reduced costs.

The Iraqi market is characterized by a small number of citizens who have bank accounts, which gives banks a large margin to attract thousands of customers, especially as Iraqis are looking for a full package of services ranging from current accounts to insurance services and mortgages, which are not readily found in the Iraqi market.

On the other hand, where many citizens were seeking to deposit their money in private banks. He pointed out that this step also has other results. When a person has access to the currency at any time, he should reduce his need to retain it, P Al-Mada newspaper, which focused most of its reports on the need to reduce the retention of the currency in favor of increasing the balances of bank accounts, and Al-Mada had many reports that urged the banking sector to deal with electronic systems.

"Yes, IT'S A SMALL STEP IN A BIG PROGRAM TO DEVELOP THE BANKING SECTOR, but the big steps for the development of the economy are the accumulation of steps, albeit small, but the overall result will be great.

Everyone would say that bank customers spend a lot of time in their reviews. The time required to review the citizen to the banks, and at the same time when the customer spends time is an additional cost, and on the question of whether the citizen can deal through this card outside Iraq, confirms Prehi: We first have to look at the terms of use of this card, and here when the Rafidain Bank to increase its assets De correspondent banks abroad when the customer can that use this card, but we say it is a step in all cases the right and the right direction.

Al-Rafidain Bank said in a statement that it launched the ATM service in Iraq, and that it will be through the adoption of electronic payment card (Master Card and other payment card) held by the citizen to withdraw his money anywhere.

The Master Card is a global card issued in cooperation with various economic institutions. It is distributed under the MasterCard brand, which is one of the three major brands of cards approved worldwide. The credit granted to cardholders is controlled by the issuing financial institution, Master Card.


With the Islamic State of Iraq and the Levant (ISIL, also known as ISIS) now forced underground, and the Kurdish secessionist movement tempered for now, IRAQ'S NEXT ROUND OF CHALLENGES WILL BE MAINLY POLITICAL. The May 2018 parliamentary elections will lead to a confrontation between two major camps, each with their own distinct narrative and vision for the future Iraqi state.

(Mnt Goat – did I say that our next worry was the 2018 elections, if we did not get the RV in early 2018? So here we see it. Never say never! Let’s hope the RV is completed prior to the elections. However if the elections are fairly run, I do not see any way Abadi will lose.)

Former Prime Minister Nouri al-Maliki is currently planning a major challenge against current Prime Minister Haider al-Abadi. The two camps present two totally different narratives: the first broadly conciliatory and forward-looking, and the other deliberately confrontational and spiteful.

However, now that the war against ISIL is essentially over, any alliance of fighters and confrontational politicians is likely to have only limited appeal in the 2018 elections. After so many years of loss and state failure, comparatively small numbers of voters are likely to be interested in yet more conflict. The coalition's popular support will likely also be hindered by MALIKI'S RECORD AS PRIME MINISTER, WHICH VERY MANY IRAQIS CONSIDER TO HAVE BEEN AN UTTER FAILURE.

On the other side, Abadi will lead an alliance that will try to capitalize as much as possible on the state's victory against ISIL. He will likely also be supported by Moqtada al-Sadr, leader of the powerful Sadrist movement, which has now reinvented itself as a supporter of state authority and the rule of law.

Barring unforeseen circumstances, the outcome should be no contest. What is far less certain, however, is whether the elections results will have any long-term implications on Iraqi politics and on the state's capacity to function.

As part of his state building programme, Abadi has recently declared that his government will now lead a war against corruption. But everything about his plan is unoriginal: the same terminology has been used practically on a yearly basis since 2005, and its inevitable failure will be a repetition of past efforts as well.


(Mnt Goat – I do not support this last statement. They do not need the parliament to bring these culprits to justice. All they need is a willing GOI to uncover and a willing Judiciary to prosecute)

In addition, even if some progress against corruption is made, over the long run, without major economic reform, ordinary Iraqis will remain unimpressed given how precarious their prospects have become.

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 also keep praying. I have composed a prayer maybe we can all pray today in our own way and until the revaluation occurs.


“For the prime minister and all his cabinet members, and parliament that they may be anointed by the Holy Spirit to do God’s will and bring the free Republic of Iraq 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 the world to follow. In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Topics tagged under 1- on Dinar Daily 26166194_562390327429697_1971494525388933511_n

Topics tagged under 1- on Dinar Daily 26165216_562390590763004_3862541517942433201_n

Topics tagged under 1- on Dinar Daily 26055599_562390667429663_2232957134507509608_n
by Mountain Goatee
on Fri Dec 29, 2017 3:05 pm
Topic: Mountain Goat 12/29/17
Replies: 1
Views: 1318

WSOMN Now Transcribing TNT Call Notes!

[size=18]Thanks to WSOMN's HighDollarFolks for transcribing.

Ray says lots of intel today:
[size=16]went back to friday, lots of pieces coming into play like a puzzle. We are in the final phases of this. [/size]
Iraq then US on friday: How we got to where we are: Card holders that were to be funded on 7 & 8th, told to get funding from 15th to end of month. 
Dealer Licenses pulled by CBI and Ray believed final phase had begun and banks looking for first of week, this week. 
Then on Monday: in Iraq- got reports that there was excitement with the neighbors, Iran and Iraq excited about seeing blessing in the coming days. 
the US banks were saying had activity they were thinking possibly Tuesday, emails going out over weekend thru the system that employees should be making procedural plans.
Private exchanges being set by appointment by banks in other jurisdictions, not usa. US banks not yet willing to move. Have heard of one or two private US exchanges, but not many. Ray still after checking got that no exchanges took place. So if you exchanged early, let Ray know. 
From Tuesday, yesterday - items 1,2,3
#1- given in Jan. no one else told it, but will wait for others (what an idiot)
#2- memo's -went to currency exchangers in Iraq, currency revalue expected from now thru X date.
#3- other memo, currency evaluation for IRaq and Iran and other currencies starting today and thru X date. Ray and his team got that memo and read it. Date Was Feb. 17th!!! 
Whammy first came in on Feb. 15th- person went to bank in Iraq, 70 dinar and 4 fils are worth $100 USD. On Tuesday - we got the rest, consider confirmation, 70 dinar and 4 fils = 100 US$
So if memo said between begin and the 17th that was on the 15th.
Banks, baffled , do not understand why folks are not in the banks, just waiting for permission to do it. See rates on screens with no holds, nothing holding it back. 
Appears to Ray to be the rate change on or before the 17th. !!!! Still do not know that rates are actual true rates. The Lead bank is live across the world and still not exchanging . Wonder why not truly active. 
Iran announced it was in the swift system, effective on Sunday, Feb. 14th. All coming together. 
Info current thru 30 minutes ago before call. As of yesterday banks thinking why not today? waiting for the OK and got that statement from several diff. banks. 
Has several other items but wants to feel comfortable about info before it put out there. 
?, will we see it before end of Feb. Ray said yes he did believe that. 
? Has people in Bagdad been paid at new rate?A: Not enough info yet for me to put out there. He got info from others that some cards were active and loaded and used but he wants to hear that from HIS (Rays) contacts. 
[size=16]? 404, what happens when it is past feb. 17th in Iraq? A: it is fulfilled in iraq based on what their banks said, 70 dinar and 4 fils, means fulfilled. Banks do not know why we are not seeing it here. Memo did not say you could be exchanging on that day, said you would see it then! Guess that is interpretation. (geez guess that leaves alot to interpretation)[/size]
[size=16]Note: remember Kuwait RV was private and no internet at that time. This time, IRAQ Rv is very public with number of people involved and millions watching it all the time due to internet! Totally different circumstances.[/size]
[size=16]? Who is the person that gives permission to start RV?? A: I do not know and others , like the banks, cannot or will not give me that info. He assumes it is the treasury that gives bank go ahead to exchange currency, but that is just an assumption on my (rays) part. [/size]
[size=16]Don't call the banks. Let nature take it's course.
by Ssmith
on Wed Feb 17, 2016 2:19 pm
Topic: WSOMN Now Transcribing TNT Call Notes!
Replies: 3
Views: 870

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