"Q & A" WITH MNT GOAT, 1 AUGUST

Q & A

Question from woldopep:

MG, Thank you for your explanations. Your work has been invaluable. I have donated to your newsletter. You make more sense than anyone in this arena. I do not want to seem ungrateful, I thank God for everything I have. What I take away from your explanation of when the dinar hits forex is that what used to be 1000 dinar is now 1 dinar. Am I extrapolating it correctly to say that what cost us $1000.00 US for 1 million dinar will be worth roughly 1000 x whatever the exchange rate. So if the exchange rate is let’s say $2.00 then basically $2.00 x 1000 = we get $2000.00 for every million ? Is this correct ?

Answer from Mnt Goat : Guten tag woldopep. Please go read the blog. This is why I put the information out there and took the time to document it. See the blog here is the Link I hope this helps you.. 

Question from Gavin M. Blair:

It doesn’t appear that Iraq will rolling out the project to delete the zero anytime soon. How will this effect their plans to substantially do away with the currency auction by year end? It seems we have a long way to go.

Answer from Mnt Goat: Guten tag Gavin. Yes, it may be some time. I do not feel this summer is out time. Sorry! ☹ Please read the caption on today’s Newsletter on the very top. Maybe there is something really BIG going to happen end of year? You are on to something. Just saying,,,,, hint,,,, hint… Remember the CBI told us January is the best, most opportune time to revalue the currency with a significant change, such as what they are talking about. Remember also there will be change in the USA administration too. Biden and his bizarre administration will be gone. So again, we must look ahead. If January is going to happen they would have to ramp up the education of the newer lower denominations and fils. Then begin the process to delete the zeros in November or December. But remember too its Iraq and anything is possible. I hate to over speculate and get people too excited but here we again for January….

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