"RV UPDATE" BY MNT GOAT, 11 APRIL

 Mnt Goat  

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 capital outside the banking system back to the banks that need it desperately for the economy to grow. This second rate change should coincide with the project to delete the zeros.  

"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

Iraqi Dinar News Gold, Exchange Rate 1.32 Why Not 3.22, Innovation, Comm...

Al-Sudani says his meeting with Biden is “an opportunity to put the partnership between the two countries on a new basis.”, 11 APRIL

Al-Sudani says his meeting with Biden is “an opportunity to put the partnership between the two countries on a new basis.”

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani considered, on Thursday, the meeting that he will have with President Joe Biden during his upcoming visit to the United States of America in mid-April “will be an opportunity to put the American-Iraqi partnership on a new and more sustainable basis.”

This was stated in an article published in “Farn Affairs” magazine, today’s issue.

“Our discussions will emphasize the continuing importance of our economic relations, cooperation in combating money laundering and terrorist financing, and the use of political and diplomatic tools to defuse regional tensions,” he wrote in his article.

He added, “The war against terrorism will remain a central topic for our governments,” adding, “We recognize and appreciate the critical role played by the United States and other members of the international coalition to combat ISIS in defeating terrorism.”

Al-Sudani added: This support has helped Iraq achieve stability, make great strides on the path to democracy, the rule of law, and ensure the government’s monopoly on the use of force.

He continued, “The time is right for our relationship to become broader, while recognizing the growing capabilities of our forces to defend Iraq and ensure the safety of its citizens – and to contribute in essential ways to building a prosperous and stable Iraq.”

The Iraqi Prime Minister concluded his article by saying that the relationship “in its new form, our partnership can represent a source of mutual benefit for both our countries, and a driving force for achieving stability in the Middle East.”

https://shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D9%82%D9%88%D9%84-%D9%86-%D9%84%D9%82%D8%A7-%D9%87-%D8%A7%D9%84%D9%85%D8%B1%D8%AA%D9%82%D8%A8-%D9%85%D8%B9-%D8%A8%D8%A7%D9%8A%D8%AF%D9%86-%D9%81%D9%8A-%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D9%81%D8%B1%D8%B5%D8%A9-%D9%84%D9%88%D8%B6%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D9%84%D8%A8%D9%84%D8%AF%D9%8A%D9%86-%D8%B9%D9%84%D9%89-%D8%B3%D8%A7%D8%B3-%D8%AC%D8%AF%D9%8A%D8%AF

"Iraq boots-on-the-ground report" by FIREFLY, 11 APRIL

  Frank26

  [Iraq boots-on-the-ground report]  

 FIREFLY:   Television is talking about Sudani's trip to Washington.  They saying high security and military personnel will accompany him...It looks like we're going to go this time with a completely different exchange rate.  

FRANK:  My hope and prayer is he will talk to you about your new exchange rate because it is time to do so.  He has given you every hint...every scenario...every option of why you're about to have a new value to your currency, about why your currency will be more valuable than the American dollar...I am sitting...in great hope he will make an announcement that will add purchasing power to your currency and then go to Washington with that power representing him as the leader of Iraq, a free sovereign nation and not the loser of a program rate country with sanctions upon him.

 Have not seen any of it on the news today about the lower notes that are going to be distributed in May...However there are a lot of rumors saying it was something out here today.  We have not seen yet but we are looking... 

FRANK:  There are many rumors about the monetary reform right now.  Yes there seems to be a rumor about the lower notes...let's see what happens this coming week.  Let's see how things start to unfold. 

FIREFLY:  Ramadan is over on the 8th.  Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...

   FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year.   

FRANK:   So much is now pointing for your 1st quarter.  April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April.  It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.

  FIREFLY: TV is say when Sudani goes to Washington.  OMG that's a long time off.  Means nothing changing until after that probably, if it does this year.  

FRANK:  I don't care if it happens on the 15th of April.  I don't care if it happens tomorrow.  I just know it's happening with all that we're seeing.  The proof is there.  There's no doubt about it.

 FIREFLY:  Tv talked about  parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have.  This is a good sign.  They are meeting right before the budget goes to parliament next week. 

 FRANK:  Firefly knows if it does go to parliament and they vote, it will expose an exchange rate.  Certainly not a program rate.

FIREFLY:  Talked to bank friend.  He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon.   The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote.  

 FRANK:  Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you. 

https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-rreport-by-firefly.html

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"IMPORTANT IRAQ NEWS:EXPERTS: GOVERNMENT EFFORTS HAVE PLACED IRAQ IN ADVANCED POSITIONS GLOBALLY IN THE FIELD OF FOREIGN INVESTMENTS" BY MNT GOAT, 11 APRIL

EXPERTS: GOVERNMENT EFFORTS HAVE PLACED IRAQ IN ADVANCED POSITIONS GLOBALLY IN THE FIELD OF FOREIGN INVESTMENTS

Experts in economic affairs praised the government’s efforts to encourage investment and Iraq’s obtaining advanced positions in foreign investments, stressing that the government’s vision was reflected in the noticeable improvement in the investment climate in Iraq and the efforts made to strengthen the economic sector and attract more direct foreign investments.

In this regard, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said: “The Iraqi economy is characterized by two basic features that help give it preference in foreign investment: the first is the cash flows in foreign currency reflected in the current account of the balance of payments relative to the gross domestic product, which the international economic and national centers estimate at a surplus estimated at By about (positive 7%), Iraq also ranks second in OPEC oil production and fifth in the world in that production.”

Yes, Iraq is an attractive environment for investment. 

You can read the entire article here. link

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

"ABOUT THE BRICS" BY GOLDILOCKS, 11 APRIL

 GOLDILOCKS

"BRICS refers to certain emerging market countries—Brazil, Russia, India, China, South Africa, and more—that seek to establish deeper ties between member nations and cooperate on economic expansion, including trade. The countries act as a counterbalance to traditional Western influence."

When the BRICS Nations become strong enough to have a trading influence equal to or greater than the Western Culture, there will be bilateral agreements "only" as a reason for us to sign documents in the near term.  

This is expected to change in about two decades when the BRICS Nations are expected to be strong enough to overtake the dollar. The transition of the dollar is expected to be a slow process. In the meantime, the Dollar Act is in process of moving through Congress to support this transition. 

To have a (digital) currency strong enough to challenge the dollar or equal within its dominance able to level the playing field for the BRICS Nations, they will more than likely have a gold backed digital trading coin that will give them the capacity to do so.

© Goldilocks 

https://www.congress.gov/bill/118th-congress/house-bill/556 

https://www.investopedia.com/terms/b/brics.asp#:~:text=BRICS%20refers%20to%20certain%20emerging,counterbalance%20to%20traditional%20Western%20influence.

https://issafrica.org/iss-today/brics-and-the-future-of-the-us-dollar#:~:text=BRICS%2B%20will%20probably%20only%20surpass,plunge%20smaller%20economies%20into%20turmoil.