Tuesday, January 9, 2024

"RV UPDATE" BY MNT GOAT, 9 JAN

 MNT GOAT

Personally I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact on my Wednesday call to Iraq gave me assurances that this could be the case. Keep our fingers crossed nothing else interferes in the process.

So, recently we read articles from Iraq about attacks on US bases in Iraqw by the Popular Mobilization Forces, which is really the Iranian kud forces militia that never left Iraq after the ISIS crisis. I told everyone way back in 2014 that if Iraq lets them in the country to help fight ISIS they will sink their teeth in Iraq and won’t want t leave. Iran needs the US forces to leave Iraq and as we witnessed in 2011 under president Obama that this may not be such a good idea. Who will fill the void. The plan is for the Popular Mobilization Forces to fill the void. My only hope is that we can see the Reinstatement much sooner than later and if this get out of control we will already be out of this investment.

I also asked my contact on Wednesday what was really holding up the Oil and Gas law. What I was told is that the government is attempting to get off the petro-dollar and accept the foreign currencies of the country purchasing the oil. They want to build this into the law. Can you see now why this is taking so long and why it is getting opposed by the US?

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/


Monday, January 8, 2024

Iraqi Dinar | Today massive update on Iraqi Dinar new exchange rates | I...

A meeting in Parliament tomorrow to set a date for the session to elect Al-Halbousi’s replacement, 9 JAN

A meeting in Parliament tomorrow to set a date for the session to elect Al-Halbousi’s replacement

Shafaq News/ An informed source revealed, on Monday, a meeting scheduled to be held tomorrow regarding the date of electing a new Speaker of the House of Representatives to succeed Muhammad Al-Halbousi.

The source explained to Shafaq News Agency, “The heads of the parliamentary blocs will hold a meeting tomorrow, Tuesday, in the Parliament building in the presence of the Presidency of the House of Representatives in order to agree on setting the date for holding the session to elect the new Speaker of Parliament.”

On Tuesday, November 14, 2023, the Federal Supreme Court, “the highest judicial authority in Iraq,” announced the termination of the membership of Parliament Speaker Muhammad Al-Halbousi, against the backdrop of a lawsuit filed against him by Representative Laith Al-Dulaimi, in which he accused him of forging his (Al-Dulaimi’s) resignation from membership in the House of Representatives. As a result, the Federal Court ruled to terminate their membership (Al-Halbousi and Al-Dulaimi).

shafaq.com

"HYPOTHETICAL BANK INTERACTION" BY FRANK26, 9 JAN

 Frank26 

 [Hypothetical bank interaction] 

I went to Chase Bank and they told me it's a scam.  Remember  [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq].  So tell them when they say it's a scam - you are really ignorant.  Don't you know about those 10 banks they're building right now?  No.  Hey, did you know know JPMorgan

will support the Iraqi dinar 100% and that's direct from the CEO Mr. Jamie Dimon...Did you know the US Treasury has millions of dinars in its foreign reserve?  Scam huh?...Did you know as of January 1, 2024 there won't be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it's going to have value?  ...How in the world do you not know these facts about your bank?  Or are you lying...

  The IQD is going up in value because the American dollar is going down.  This is the skeleton key to the monetary reform.
 Question:  "Are you looking for any major announcements from the CBI next week?"  When you say major announcement obviously that's trying to entrap me.  I'm looking for an announcement every freaking morning that I wake up...

CBI Giving InstructionsšŸ’£Forex Rate: $3.50 - $4.50?šŸ¤”Iraq Dinar RV Updates...

Parliamentary Defense demands the liberation of Iraq’s economy from the American grip, 9 JAN

Parliamentary Defense demands the liberation of Iraq’s economy from the American grip

Information / Baghdad…
A member of the Parliamentary Security and Defense Committee, Waad Al-Qaddo, called on Monday for liberating Iraq’s economy from the American grip.

Al-Qaddo said in an interview with “Al-Ma’louma” that “America sought directly after 2003 to impose restrictions on Iraq’s economy and finances in various ways, the most important of which isrestricting the flow of oil sales money towards the Federal Reserve, from which it is transferred to the Central Bank in Baghdad, meaning that our financial wealth is like a hostage that is controlled by the Federal Reserve.” “at a distance.”

He added, “The American restrictions on Iraqi funds take multiple dimensions and are used from time to time as a pressure card on governments to achieve their agenda,” pointing out that “liberating our economy from the American grip is a priority that will give greater flexibility in avoiding pressure cards and prevent 5 direct risks that threaten the economy, including manipulation of the parallel market.” “It created confusion about the strength of the dinar and perpetuated the file of corruption created by the American administration.”

He pointed out that “the economy is a dangerous American card that must be paid attention to and strive to crystallize a basket of currencies that will get Baghdad out of the dollar tunnel and its effects.”

The American administration imposes a series of restrictions on the circulation of the dollar and how to deal with it in Iraq, in a blatant interference that has been taking place for many years.

almaalomah.me

"RV UPDATE" BY GOLDILOCKS, 9 JAN

 GOLDILOCKS

  "Morgan Stanley cut its outlook for the US currency to ‘Neutral’ from ‘Bullish’. However, it noted that seasonality and short positioning could potentially still drive further upside, Bloomberg News reported."

We have a lot of the BRICS currency countries getting ready to trade with each other sidelining the dollar along the way. Some have already begun this process.

This will move the price of gold to make up the difference in the following use of the dollar along with inflation that will eat at its value.

It will require more gold to fill in the gaps and create more and more need to support the dollar through these new capital requirements of Basel 3 about to be implemented on January the 16th.

This will create a profound effect on all of the Global currencies that rely on the dollar in trade especially those who are trading now in their local currencies. As this year goes on, the need to utilize the worth of gold inside these currencies around the world will make the value of gold increase. It will enable the Global currencies to hold in reserve status more gold to support their currencies rather than the US dollar.


Over time, the use of gold will determine the new values our Global currencies will have. As these currencies formulate new values inside the markets and the banking system through use-case scenarios, we will develop standard protocols capable of leveling the playing field around the world.

© Goldilocks   Live Mint Link   Euromoney Link

The Iraqi government is working to develop a competitive banking system and support the private sector, 25 NOV

  The Iraqi government is working to develop a competitive banking system and support the private sector Mawazine News – Baghdad The financi...