STATUS OF THE RV , PART. 1 BY MNT GOAT, 12 SEPT

STATUS OF THE RV

In opening my commentary today on the status of the RV, I want to say that this “Latest Mnt Goat Newsletter” BLOG is my information. There is no other site including YouTube or others that represent me. 

I do not post any of my information on any other site. Don’t be fooled! Let’s stick to the FACTS. Rumors are Mnt Goat said the RV occurred. I did not say this, just so you know. 

Many take my information and use it for their own monetary gain. They take it out of context and twist the facts to suit their own warped, fake reality. Since they have not done any research as they are either not mentally capable or are just too lazy. Instead they only speculate at best what is happening in Iraq. I don’t want to get caught up in their FAKE news or lies.

 So, be careful of whom you listen to. My blog is open to all to view. There is no LOGON Accounts or standard subscription fees. I post all the article here for everyone to freely read for yourself. There is no backroom “special” place for the juicier articles with a special fee. I want to leave it that way, if possible.

☹ I have to come on today to first clarify yet another intel guru idiocy. This one is about what was said by them about an article titled “ECONOMIST: LOWER OIL PRICES MAY PUSH IRAQ TO REDUCE EXCHANGE RATE AND CUT EXPENSES”. So, let's dive into this article and get the FACTS straight. First, lets see what the article says and I quote from it – 

 “Economic expert Nabil Al Marsomi warned today, Monday, that the continued decline in oil prices will put the Iraqi government before difficult choices, including those that may include reducing the exchange rate to confront financial challenges.”

So, by reducing the exchange rate Iraq means to devalue the currency much like it did in 202. Do you remember this measure back then? Do you understand why they took this measure back then? I will assume you do understand since I talked about this and explained it many times already. So, this article to does not mean a revaluation.

Again, they do not mean taking 1310 and making the rate, for instance 1200, which would be a literal reduction and a revaluation. They do not mean a literal reduction instead they mean a reduction in the value of the dinar, meaning it would take more dollars to buy a dinar and thus the dinar would be worth less in Iraq than it is today, so the rate would probably go up something for instance like 1400 not the other way.

Think, Think and Think! Gosh…. God gave you a brain. Stop listening to these idiot intel gurus. Why else would Iraq tell us it would be a “difficult decision”, yet another reason to believe it would be a devaluation. Get it? If it was a revaluation, it would not be difficult, it would be easy. The difficulty comes in a devaluation.

Another sign that it would be a devaluation is the statement given in the second paragraph and I quote – “the government may be forced to take austerity measures that include reducing public expenditures and increasing non-oil revenues,” noting that “the oil market is currently suffering from significant weakness”.

 Remember that still 90% of the revenues come from the petro-dollar and the dinar is still pegged solely to the U.S. dollar. So, if oil prices decline, as they are telling us in this article that they are, then the dinar would decline, thus the rate would drop (or the numbers would rise, meaning it takes more dinars to make one dollar.)

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