IMPORTANT IRAQ NEWS: BLACK MONEY” FUELS INVESTMENT STOCK EXCHANGE.. COUNTRIES THAT PROSPERED WITH LOOTED IRAQI MONEY BY MNT GOAT, 29 JULY

BLACK MONEY” FUELS INVESTMENT STOCK EXCHANGE.. COUNTRIES THAT PROSPERED WITH LOOTED IRAQI MONEY

Former MP Manar Abdul Muttalib, on Thursday (July 25, 2024), identified the features of black money in the Iraqi investment stock exchange, indicating that this money stolen from the Iraqi treasury has revived the economies of several countries .

Abdul Mutalib said in an interview with Baghdad Today, “There is no accurate figure for the amount of money looted in Iraq after 2003, but all indications indicate that it is hundreds of billions of dollars, some of which was smuggled abroad and some of which was turned into support for building economic wings for parties, forces and companies .”

She added, “The investment environment in Iraq is going against the trend in the world in that anyone with $100,000 can invest in a project worth $100 million. This is a paradox, especially since the state provides the land for free and it builds with customers’ money, especially in housing projects that represent a fertile environment for attracting money .”

Abdul Muttalib pointed out that black money (referring to corrupt and looted money) “exists in all sectors, including investments, but the possibility of uncovering it is difficult and complicated because there is no money in the names of politicians. However, seeing the level of prosperity and extravagance and comparing it with their situation years ago gives an indication of the extent of corruption .”

She explained that “corrupt funds were smuggled to neighboring countries and were thrown into large investment projects that revived the economies of several capitals, to the extent that those countries do not actually cooperate with Baghdad in order to clarify the fate of Iraq’s funds because they benefit in different ways,” indicating that “searching for Iraq’s previous funds is difficult, but the most important thing is to reconsider the investment file and make it within a scope that serves the country’s economy and to approve serious steps to combat corruption in order to preserve what remains of the country’s wealth .”

RV UPDATE BY BREITLING, 29 JULY

  Breitling 

 Hamas moving into Iraq, that's still in play.  That is a big issue.  We're not going to support Iraq in any way shape or form if Hamas shows up.  That's a game changer...This [The Iraqi dinar] is an opportunity until  the day it's not...With the Hamas thing right now it's not off the table.  I don't see a threat yet.  But I'm telling you that could be a big deal...If Hamas gets into Iraq, Iraq is in trouble.  Its oil is in trouble...Hamas being in Iraq is a game changer.   That's going to shift the markets.  All we can do is hope and pray and watch.   

9/JUNE

 Breitling

  I have an average at where I think it's going to revalue at, $0.51 or $0.52 cents.   I could be wrong.  It's not like Abraham Lincoln said that or something.  It was an average.  That's why I got into the dinar. That's where I seen the value.

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 The threat of a lop is still the same as when I got into this investment...The lop question is based on hyper-inflation  ...verses policy inflation.  The Iraqi dinar is stable.  It goes up, it goes down but it's not major like what Zimbabwe and these countries where it was massive inflation.  No body could control it.  Iraq has complete control of the Iraqi dinar ...

The Iraqi dinar is a completely different ballgame.  It's not hyper-inflated because of the markets.  Iraq doesn't have a customer problem...production problem.  Iraq has a policy issue.  The people at the top know what they are doing.

When I did the evaluation [of the dinar] it was against countries and currencies that had lopped.  I had the same questions as you guys when I invested.  Where is this going?  How can this work? 

 I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar.  Thedinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that...Yes, they can add value to currencies that have a lot of zeros behind it.  Iraqi dinar is stable.  They can and are going to add value to it.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-breitling-1-may.html

🔥 Iraqi Dinar 🔥 Full Revaluing 🔥 Today IQD Value to Dollar RV News Guru ...

IMPORTANT IRAQ NEWS:SALEH: THE CENTRAL BANK’S DOLLAR RESERVES ARE SOLID AND THE GDP RATE IS VERY OPTIMISTIC BY MNT GOAT, 29 JULY

SALEH: THE CENTRAL BANK’S DOLLAR RESERVES ARE SOLID AND THE GDP RATE IS VERY OPTIMISTIC

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed the cohesion of foreign reserves, especially the dollar, at the Central Bank of Iraq.

Saleh told Al Furat News Agency, “Covering urgent expenses in dollars, as they represent the desired demand for foreign currency, in addition to the level of sufficiency of incoming foreign currency flows and the level of maintaining the country’s reserves of the total foreign currency held by the Central Bank, is subject to two main factors.”

He explained that the first factor is “the nature of the oil asset cycle, which is still at its highest levels of global price increases due to the strength of global demand for energy, and that economic expectations indicate that potential price fluctuations towards a decline are still out of reach and are largely linked to the end of military operations in Ukraine, and the return of the flow of Russian gas and oil, especially to European markets, as the Russian Federation is the second largest oil-producing country in the world and leads the production and export of gas to major consumer markets in the European continent directly.” 

The other factor, according to Saleh, “is related to the surplus in the current account of the Iraqi balance of payments, as estimates issued by international financial institutions indicate that this percentage of the surplus in the current account of the Iraqi balance of payments to the country’s gross domestic product is no less than {positive 6%}, which is a very optimistic positive percentage.”

He explained that “both factors indicate the cohesion of the country’s foreign reserves, which are generated by high oil export revenues to date, versus control over outward cash flows of foreign currency to meet local demand for imported goods, services and foreign benefits, as the current account of the balance of payments indicates that it is in a positive and stable position and is consistent with the general budget’s spending tendencies during the current fiscal year 2024.”

RV UPDATE BY MILITIAMAN, 29 JULY

 Militia Man 

 Article:  "The US Federal Reserve adopts a new strategy towards Iraq"  Quote:  "The US Federal Reserve will not be able to wait forever

...There are federal measures that may occur at any moment."  I think that's pretty heavy you guys...This is where push comes to shove...There's clearly pressure happening now with the CBI and the US Treasury...They can't wait forever, the federal measures that may occur at any moment is a shot across the bow to be ready.

 Iraq's got a massive amount of dollar reserves/foreign reserves.  They've increased their gold supply...That suggests they're in good shape.   They've got some security and...stability.  I think everybody's starting to realize security and stability has been a big focus...It is coming to that stage where we're going to see more resulting in a far bigger way.

🔥 Iraqi Dinar 🔥 25 Note Worth $75 🔥 Today IQD Value to Dollar RV News Gu...

Iraq stores gold and expects it to rise over the next two months, 28 JULY

  The economist, Abdul Rahman Al-Sheikhli, expected Iraq’s gold reserves to rise over the next two months.

Al-Mashhadani said: “The acquisition of gold is considered one of the investment portfolio sought by countries and that Iraq has long begun to store gold and increase its reserves, especially with expectations of its rise during the next two months, and this means that the rise in gold prices is continuing and is part of the investments of countries.”

He explained, “Keeping dollar reserves or investing in treasury bonds does not achieve profits commensurate with the size of profits achieved from the increase in gold prices, although Iraq increased its reserves by one and a half tons of gold.”
Al-Mashhadani pointed out that “these are not in large numbers that enhance the confidence of the citizen and the diversity of investments, and this is the policy of a group of countries and banks, not only Iraq.”
The International Monetary Fund data showed an increase in gold reserves in Iraq and Qatar.
The data indicated that Iraq increased its gold holdings by 2.644 tons to 148.305 tonnes in May 2024.
Qatar raised its gold stock of 3.112 tonnes to 106.423 tonnes in June 2024, the data showed, according to Reuters.

Raghid
 

https://alforatnews.iq/news/العراق-يخزن-الذهب-وتوقعات-بارتفاعه-خلال-الشهرين-المقبلين

RV UPDATE BY MNT GOAT, 28 JULY

Mnt Goat 

  ...the Project to Delete the Zeros and the Dr Shabibi plan... was developed by the CBI and the IMF...It is a sound plan and they told they will execute it “when the conditions are right”...

the three zero notes are not being obsoleted after the deadline in Iraq is over to turn them in...These notes will be used for “interbanking of international transactions” ...where large sums of cash must be transferred...The CBI told us this many times in articles...the CBI did tell us there will “probably” be at least a 10 year use of these notes by the banks for this purpose. Yes, eventually these notes will become obsoleted but we will be way out of this and exchanged by then.

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"Q & A" WITH MNT GOAT

Q & A

Question from clayrich6a2b498e66:

Hi MG, I read your example of the project to delete the zeros is supposedly to work, if I am reading what you describe correctly they will replace the 25K notes with 25 notes of equal value, essentially a LOP, and also from the exchange rate, but that does not solve the problem of current prices of goods, for example a loaf of bread let’s say is priced in the market for 25k for the sake of argument, if they make the 25k note equal to a 25 note, the price of the bread is still 25k, how do they plan to overcome this new difference?

Answer Mnt Goat:

Guten Tag clayrich. Hope you are fine today. I read you question and I have to say I am glad you asked it because you are a bit confused.

First of all, the IMF is not going “lop” the Iraqi dinar. A “lop” is a tool the IMF uses to restart a currency from massive inflation. A good example is the Zimbabwe dollar when in 2016 they gave the citizens weeks to turn in the 100 trillion notes for $25 US dollars each. After the deadline they were worthless. We also have articles for Iraq telling us they WILL NOT lop the....FOR READ MORE: https://dinarevaluation.blogspot.com/2024/06/q-with-mnt-goat-10-june.html

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"Q & A" BY MNT GOAT

Q & A

Question from carolyncoffen:

Good morning, Mtn Goat,
I read an article earlier coming out of Iraq, stating the best way to protect your future wealth after the RV was to purchase ‘Government Bonds.’ Are we able to purchase those bonds? Thank you for your time and consideration. Have an awesome weekend.

Answer Mnt Goat:

Guten Tag Carolyn again. Seems you are victim of rumors off the internet. Don’t believe everything you hear. They are using all kinds of propaganda to push consumers in different directions, the direction they want. I am not sure what you mean by asking will you be able to purchase the government bonds. Do you mean from the bank when you exchange or meet with a wealth manager? A..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/02/q-by-mnt-goat-7-feb.html

Dinar Revaluation Alert: Intel Guru Wolverine's Big Announcement"Dinar I...

The latest budget developments. Sudani enters ‘manipulation’ line and charges 3 deputies, 28 JULY

  The Prime Minister, Mohamed Shia Al-Sudani, informed the Presidency of the House of Representatives of the investigation in the manipulation of budget tables.

The Secretary-General of the Ajyal Gathering, Mohammed Al-Sayhud, said during his addition to the program {Free speech} broadcast by the Euphrates satellite channel this evening, that: “Three deputies are accused of manipulating the budget tables after the vote and signed by the Presidency of the House of Representatives.”

He added, “The government revealed the issue of manipulating budget tables and the difference of 3 trillion and a half trillion dinars, and the Sudanese informed the House of Representatives of the formation of a committee to investigate the manipulation.”

The Symudis noted that “I am waiting for the report of the commission of inquiry, and legally the confidence will be withdrawn from them if they are proven to manipulate the schedules.”

The Parliamentary Finance Committee had revealed various budget schedules before and after its approval and a difference of 15 trillion dinars.

Committee member Moen Al-Kadhimi {Euphrates News} said that the budget tables that arrived from the Council of Ministers and approved within the dome of the Parliament are the same as the government tables; therefore, the book we received from the Council of Ministers is that the tables that were referred after the vote have a difference and a big difference in some doors amount to 15 trillion dinars.
He added that the spending budget is 211 trillion dinars; but the schedules signed by the presidency of parliament and sent to the Council of Ministers read 226 trillion dinars.
Al-Kadhimi explained that the Prime Minister’s Office sent the schedule signed by the Presidency of Parliament, which included:
– An increase in the amount of the ration card is 5 trillion dinars.
– An increase in oil revenues of 5 trillion dinars.
– Reducing the fee amounts is 5 trillion dinars.
– In addition to financial increases to the Ministry of Electricity and some provinces.

RV UPDATE BY PATRIOT ROD STEEL, 28 JULY

PATRIOT ROD STEEL 

A Lot of Budgetary Review Going on in Iraq. Could be Mid August before Finalized. Still Restructuring Iraqi Banks & Replacing Dirty Players in CBI. US Says get it Done in CBI or WE will Take Control. #PatriotRodSteel ⁦

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PATRIOT ROD STEEL

Major Fund movement for Group Leader access today. People just don’t realize or appreciate the magnanimous size of this global undertaking or the vetting and verification process on such massive amounts of bonds & other assets all ahead of us. It’s a tedious process. ROD STEEL

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PATRIOT ROD STEEL

HAPPY 4th of July PATRIOTS Based on some private exchanges that have just taken place with a US Bank, Things are even more promising for Next Week! #PatriotRodSteel

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SUMMARY OF RV UPDATES FROM PATRIOT ROD STEEL

PATRIOT ROD STEEL 

RV STATUS UPDATE#PatriotRodSteel

Greed among UN & Non NATO Countries scrambling for bigger piece of the pie. Banks & Fed Reserve on Standby this wkend. ABC Agencies saying this will be done end of day Monday if not before. Rate $3.91 

Gaza no longer has anything to do with it.

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I’m aware of the Plan, but cautioned against exposure, but now that it’s leaking… #PatriotRodSteel 

 TEXAS SNAKE

Okie had some positive news earlier today, thought we would hear some indication of the new rate when the Premier returned to his country from his visit to the US, the banker is assisting his hospitalized wife in CA so very little news from him so I guess we wait for FOREX to open, but again sports fans we appear to be very close, so say your prayers tonight.

This may be a little longer post than usual as the powers that be do not wish to get anyone''s hopes up only to be disappointed when the RV does not come in.  Well I spent 40 years in the investment banking and financial planning industry which allows for a slight advantage in researching certain areas of the acknowledged resources regarding money and securities.  Those areas being the IMF, FOREX, WTO, etc, etc.  

The Prime Minister returned to his country on this past Monday, he turned over to the head of the CBI to announce the pending revaluation of his nations currency.  The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition which will be sometime between now and Wednesday 4/24/2024 by 7:00 PM.  

Since both the Gazette and the IMF rate schedules are published on Wednesday each week we can assume should there be a revaluation we should receive that news during this window.  Don't get excited or make any serious decisions but please stay calm and watch the next few days as we seem to be this close.  GOD Bless

Texas Snake, [04/22/2024, 10:25:30 p. m.]:

About 10 more minutes then I need to close

Will try to illistrate that tomorrow

Yes he uses a CBI Debit card to purchase items in Beeville and he discovered the exchange rate on a recent purchase equaled $3.90 US for his Dinar value up substantially from before the in country RV

Well folks will come back with anything new GOD Bless

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-texas-snake-24-april.html 

 Sunday April 14, 2024

Rod Steel : He says

My friend talked to Patriot Rod Steel today and confirmed he talked to some title agents and they received funds.

More Rod details: "I was told paperwork has just been completed and the Admiral will release all Monday. "

Rod continues: "The Iraqi government will release the new 'lower denomination' banknotes this week and then publish the new exchange rate (4+) which will be published in the Official Gazette on Sunday and then move to FOREX next Monday 22 April 1024.

My very close friend reviewed this information with two other contacts. Someone ver y close to the Admiral, who works alongside him daily. And the second gentleman is very close to those on the Bond side who are regularly aware of the details.

Both are also online with Rod's news, which is extremely encouraging. We also know Mark is listening to similar stories.

More from Ginger: I can't give details because I swore to secrecy, but I can say the documents were signed by people we know and others heard good news from the leaders of their groups on the T3 Bond side.

I personally don't know anyone in T3 who has cash to spend so far, but I'm very pleased with all the news we're getting. I am firm and steady, being optimistic.

Greetings

Hernán

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translate spanish

domingo 14 de abril de 2024

Varilla de acero: Él dice. Mi amigo habló con Patriot Rod Steel hoy y confirmó que habló con algunos agentes de títulos y recibieron fondos.

Más detalles de Rod: "Me dijeron que se acaba de completar el papeleo y que el almirante saldrá en libertad todo el lunes". Rod continúa: "El gobierno iraquí publicará los nuevos billetes de 'menor denominación' esta semana y luego publicará el nuevo tipo de cambio (4+) que se publicará en el Boletín Oficial el domingo y luego pasará a FOREX el próximo lunes 22 de abril de 1024.

Mi amigo muy cercano revisó esta información con otros dos contactos. Alguien muy cercano al Almirante, que trabaja a su lado a diario. Y el segundo caballero es muy cercano a aquellos del lado de Bond que regularmente están al tanto de los detalles.

Ambos también están en línea con las noticias de Rod, lo cual es extremadamente alentador. También sabemos que Mark está escuchando historias similares.

Más de Ginger: No puedo dar detalles porque juré guardar el secreto, pero puedo decir que los documentos fueron firmados por personas que conocemos y otros escucharon buenas noticias de los líderes de sus grupos en el lado del Bond T3. Personalmente no conozco a nadie en T3 que tenga efectivo para gastar hasta ahora, pero estoy muy contento con todas las noticias que estamos recibiendo. Soy firme y estable, siendo optimista. Saludos hernán

https://dinarevaluation.blogspot.com/2024/04/rv-update-english-spanish-by-rod-steel.html

Latest from Rod Steel ~ 2.10.24

My friend spoke to Patriot Rod Steel today, and he confirmed that he's spoken with some bond people and they have received funds.

More details from Rod:  "I was told the paperwork was just completed and the Admiral is going to release everything on Monday."

Rod continues: "The Iraq Government will reveal the new ‘lower denomination’ notes this week and then release the new Dinar Rate (4+) to be published in the Government Gazette on Sunday and then go on FOREX this coming Monday, the 12th". ROD

My very close friend vetted this information with two other contacts. One who is very close to the Admiral - as in working alongside him on a daily basis. And the second gentleman is extremely close to those on the Bond side who are clued into the details regularly. They both are in alignment with Rod's news also - so that's extremely encouraging. We also know that Mark is hearing similar stories. 

More from Ginger: I cannot give details because I'm sworn to secrecy, but allowed to say that the papers have been signed by people we know AND others have heard happy news from their group leaders on the T3 Bond side. I personally do not know of anyone in T3 who has liquid, spendable funds as of yet, but I'm extremely pleased with all of the news we're getting. I'm grounded and steady - remaining optimistic.  2.10.24

~ Ginger of the Liberty Lounge

https://dinarevaluation.blogspot.com/2024/02/they-have-received-funds-by-rod-steel.html

Iraqi dinar ✅ Iraqi dinar Latest News ✅ Iraqi dinar Exchange Rate & Rev...

Within A Week.. More Than One Billion Dollars In Sales From The Central Bank Of Iraq, 28 JULY

  The total sales of hard currency in US dollars by the Central Bank of Iraq during the past week, during which the auction was opened, amounted to more than one billion dollars.

Our correspondent reported that the Central Bank sold during the past week and for the 5 days in which the auction was opened, one billion, 387 million, 237 thousand, and 049 dollars, at a daily rate of 277 million, 447 million, and 410 dollars, an increase over what was recorded in the previous week, which amounted to one billion, 91 million, 173 million, and 642 dollars.

The highest dollar sales were on Tuesday, reaching 283 million, 69 thousand, and 68 dollars, while the lowest sales were on Wednesday, reaching 274 million, 637 thousand, and 912 dollars.

Our correspondent indicated that foreign remittance sales during the past week amounted to 1 billion, 345 million, 937 thousand and 49 dollars, an increase of 96% compared to cash sales, which amounted to 41 million, 300 thousand dollars.   LINK

RV UPDATE BY REINALDO JC , 28 JULY

 REINALDO JC

Iraq The Ministerial Council Calls For Granting National Products A PRICE ADVANTAGE OF UP TO 20% OVER Imported Products. The ministerial Council for Economy called, on Monday, to grant national products a PREFERENTIAL PRICE ADVANTAGE OVER their imported counterparts, BY NO LESS THAN 20% of the imported price, in order to encourage production entities.  He pointed out that "the session was attended by the Deputy Prime Minister, Minister of Planning, Ministers of Finance, Agriculture, Trade and Industry, Labor and Social Affairs, Secretary-General of the Council of Ministers, Chairman of the National Investment Commission, Chairman of the Securities Commission, Undersecretary of the Ministry of Oil, and Advisor to the Prime Minister for Legal Affairs," indicating that "the Council discussed the items on its agenda and took appropriate decisions."  He pointed out that "the Council recommended to the Cabinet to approve the resumption of the principle of granting national products a PREFERENTIAL PRICE ADVANTAGE OVER their imported counterparts, in order to encourage entities to cover their needs from local production at NO LESS THAN 20% of the imported price." (IMO)-Can they also be telling us that the CBI will be adding a 20%(+) inflation increase rate to the previous $3.22 Iraq dinar rate, & REINSTATING the Dinar Rate to $3.86 (+)