Wednesday, April 10, 2024

"RV UPDATE" BY MNT GOAT, 10 APRIL

  Mnt Goat 

  Does Iraq need the Oil and Gas law in place prior to the RV?   I have to tell you that there is nothing in the 2011 Dr Shabibi plan that tells us it does. Remember back in 2012-2013 he had signoffs from everyone and was moving forward. Did they have the Oil and Gas Law passed. Of course not. So, I believe anything is possible.  

"WHAT ARE THE NEX STEPS" BY MNT GOAT, 6 APRIL

 Mnt Goat   

What are the next steps?

  We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes.  Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for.

But remember that with these next steps, this is still in the “program” rate and for in-country only.  We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change.  This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros...

https://dinarevaluation.blogspot.com/2024/04/what-are-nex-steps-by-mnt-goat-6-april.html

"THE CBI IS MOVING ON A CLOCK NOW" BY MNT GOAT, 4 APRIL

  In today’s article the CBI tells us and I quote again – “the governor of the Central Bank promised to submit a report to the US Treasury to lift the ban on Iraqi banks, which number 28 private banks,” expecting “the ban on those banks to be lifted during the coming period .”

Okay, so we all know that when Iraq says “the coming period” it could means days, weeks or even months. But I don’t believe this is weeks but instead more like days in this case. Why do I say this?

I say this because my contact in the CBI is telling me this is “urgent” and they need to get the Project to Delete the Zeros underway. So, to me there must be some sort of time table going on here. The CBI is moving on a clock now. This is VERY GOOD also because it shows they are aggressively moving ahead now once again with the currency reform (monetary reform). This is exactly what we needed to see. Get it? Will it stall again?

I can’t tell you the schedule going forward but I can say there is some urgency to move ahead to the next step of currency reform. Could it be the Israeli/ Gaza strip conflict? Could they want to get the reinstatement done before this situation blows up? Your guess is as good as mine to answer these questions and I am not going to make up stories to sound so smart and then lie to you. Simply put- I don’t know. I am not going to lie and make up stories like these other arrogant, egocentric, know it all intel gurus idiots....

https://dinarevaluation.blogspot.com/2024/04/the-cbi-is-moving-on-clock-now-by-mnt.html

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DINAR REVALUATION REPORT: Parliamentary Finance Committee's Visit to Erbil: A Focus on Non-Oil Revenues, 19 SEPT

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