The saga about the Iraqi dinar RV only gets better as the months roll on. More and more pieces are put in place for the inevitable revaluation and reinstatemtn of the dinar. It has become not a matter of “if” these events will occur but “when”. We can all speculate but what events are you using in your analysis to formulation your speculative conclusions? What are you telling your audiences? Are you even qualified enough to partake in this effort?
So, how long will we investors in the IQD have to wait before Iraq is allowed to liberate its own currency?
- We know they are completely out of Chapter VII sanctions, so why not treat them as such?
- We know since January they have undertaken a massive “de-dollarization” program.
- We know the value in the dinar exceeds even pre-1991 era but what is holding it back?
- We know Iraq now pumps 2/3 more oil than in pre-1991 era.
- Iraq also has announced 132 tons of GOLD.
- We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. Why?
So, I have to ask then – Why is the dinar still 1/6 of a penny?
During this period of collecting information for this edition of the Mnt Goat Newsletter we have learned that the global system for the automation and modernization of customs (ACYCUDA) project is making headway. This system will require a link to the international currency exchange to convert rates of currencies between countries for up-to-the-minute rates. The system is planned to take in any international currency not just the US dollar for payments of customs duties and tariffs. With this is a huge plan to make Iraq a central hub for commerce in the middle east and this revenue, as they told us, could rival the oil revenue. This new ACYCUDA system is due to come online when? – Okay, so does January 2024 sound familiar? Are you connecting the dots yet?
Just be patient, the reinstatement is coming.
PS: Be sure to tune into the POLITICAL section of today’s Newsletter. It is chock full of news about the unprovoked, covert Amas terror attack on Israel on October 7 and the implications it is having on the U.S. woke democratic party that seems to side with the Palestinian terrorists. Really? Folks, you can’t make this stuff up!
It is appreciation day…
Enough said… much more to come….
Hope to post the full Newsletter soon!
God Bless,
Auf Wiedersehen
Much love to ya all,
Mnt Goat
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