STATUS OF THE RV, PART. 4 BY MNT GOAT, 29 JAN

 STATUS OF THE RV, PART. 4

😊All these full articles can be found in the Articles Section of today’s Newsletter. The first article titled “GOVERNOR OF THE CENTRAL BANK OF IRAQ MEETS AN OFFICIAL DELEGATION FROM THE UNITED STATES”. His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received Mr. Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council,

 and his accompanying delegation in Baghdad. During the meeting, they discussed banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq delegation to Washington and their meeting with the US Chamber of Commerce and American companies next April.

😊The next article is titled “AL-SUDANI IN A TELEGRAM TO TRUMP: WE ARE COMMITTED TO STRATEGIC RELATIONS UNDER THE UMBRELLA OF RESPECT FOR SOVEREIGNTY AND NON-INTERFERENCE”. Prime Minister Mohammed Shia Al-Sudani sent a congratulatory telegram today, Tuesday, to US President Donald Trump, on the occasion of his assumption of office as President of the United States of America.

Al-Sudani indicated in the telegram, according to a statement from his office, a copy of which was received by {Euphrates News}, that Iraq aspires to strengthen the bonds of cooperation and partnership with the United States, within the framework of the strategic agreement and the common interests of the two countries, stressing the importance of working to support the foundations of stability, security and development regionally and internationally.

😊The next article is titled “AL-JAWAHIRI: TRUMP WILL LOSE THE “OIL PRICES” BATTLE AND IRAQ’S BUDGET IS A TOOL TO STEAL MONEY”  Oil expert Hamza Al-Jawahiri bet on Saturday on US President Donald Trump’s loss regarding reducing global oil prices, noting that inflating the numbers in the Iraqi budget represents a means of stealing public money . Al-Jawahiri said, in an interview with Shafaq News Agency, “Trump will fail in his attempt to reduce oil prices, as the United States aims through this to achieve major political changes in the world, such as stopping the war in Ukraine as it stopped the war in Gaza and Lebanon, and changing the regime in Syria.” (and much more).

We can read from these three articles and other news this period, that the goals and foreign policies of the US towards Iraq are going to be of three levels:

1.Defense – Strategic Agreement. The US will have to negotiate leaving troops inside Iraq. Can Iraq defend itself? Does the US still need a presence in the middle east for stability in the middle east?

2.Energy – Bring the price of oil down, drill baby drill, pump baby pump applies to Iraq also.

3. US Companies investing in Iraq – that the Central Bank provides the necessary support to international companies wishing to invest in Iraq, including American companies and banks.

Anyone who tells you that this investment in the Iraqi dinar is just a pipe dream, then refer them to my blog for advice. Maybe they were just listening to the wrong people…..

We must continue to pray. This is what will really get us the prosperity and abundance that God promised us through His prophets. Remember that God works with the physical world we live in and so He initiates worldly events to move His agenda forward.

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

JEFF: THE 'development renaissance' in Iraq" MUST COME FIRST BEFORE THE CHANGE OF RATE!! #iraqidinar

 

Oil: Iraq's Production Will Reach 7 Million Barrels Per Day And These Are Our New Projects To Enhance Self-Sufficiency, 29 JAN

 Oil: Iraq's Production Will Reach 7 Million Barrels Per Day And These Are Our New Projects To Enhance Self-Sufficiency

Tuesday 28 January 2025 17:48 | EconomicNumber of readings: 152   Baghdad / NINA / The Ministry of Oil revealed that Iraq's oil production will touch 7 million barrels per day during the next five years, while confirming the completion of new refining projects in the Basra and North refineries, with a total capacity of 220 thousand barrels per day to enhance self-sufficiency in oil derivatives.

Undersecretary of the Ministry of Oil Ali Maaraj said, during his participation in a dialogue session within the activities of the Iraq Energy Conference, which kicked off today, Tuesday, in the capital, Baghdad, that "the ministry seeks to increase production capacity, which will touch 7 million barrels of oil per day during the next five years, as well as address the burning of associated gas and reach zero filler during the same period, and stop importing oil derivatives soon."

He added, "For the first time, Iraq is witnessing the implementation of integrated projects in the oil sector, including oil extraction, refining, and petrochemical industries, as well as electricity generation and transformation industries such as fertilizers. These projects include the "Basra Integrated Project, the Total Project, and other projects in Nasiriyah and Qayyarah."

He explained that "the Ministry of Oil referred" the fifth licensing round, which had been suspended for more than four years, followed by the sixth licensing round and the fifth round supplement, "as well as referring the development of the Artawi oil field, which includes integrated projects including oil extraction, gas processing, seawater desalination, and energy generation through solar stations."

Regarding gas flaring cessation projects, the Undersecretary of the Ministry confirmed that significant progress has been made in the field of treating associated gas, after launching new processing units with a total capacity of 600 million standard cubic feet in the governorates of Basra, Maysan, and Dhi Qar, "noting the suspension of the import of white oil derivatives and gas oil, while working to stop the import of gasoline soon.

The Undersecretary of the Ministry of Oil reiterated the ministry's commitment to preserving the environment and reducing carbon emissions through clean and renewable energy projects, including modernizing refineries and establishing modern facilities according to "Euro 5" and "Euro 4" standards, which contributes to improving the quality of products and reducing pollution.

He continued by saying that "the Ministry of Oil supplies the Ministry of Electricity with all types of derivatives, at a rate of 10,000 liters of gas oil per day," noting that "Iraqi refineries produce 30,000 cubic meters of gas oil, and some products are exported to support the state budget."

He added that "the Ministry of Oil has self-sufficiency in white oil and factories to improve gasoline," indicating that "the production of national refineries currently covers the local need for white oil, black oil and gas oil." / End 5  https://ninanews.com/Website/News/Details?key=1182519

STATUS OF THE RV, PART. 3 BY MNT GOAT, 29 JAN

 STATUS OF THE RV, PART. 3

What else is in the news?

There is so much news this period coming out of Iraq but for the length of this Newsletter I will concentrate on just a few more of the most important articles. These articles deal with the new US Trump administration and what is holding up this next stage that Al-Abidi told us should happen. So, this news today is all interconnected. 

This information is also supported by what my contact in the CBI has told me a couple times is the hold up. But we all should get out of this idea of a “holdup” and just realize that it is a process.

 The CBI sets goals and plans. But the plans don’t always pan out on time and obstacles are realized along the way. I have to day that getting off the currency platform was a huge undertaking for the CBI and was done on time and effective. I know this seemed unusual for Iraq to be on time….lol…lol..lol..

😊All these full articles can be found in the Articles Section of today’s Newsletter. The first article titled “GOVERNOR OF THE CENTRAL BANK OF IRAQ MEETS AN OFFICIAL DELEGATION FROM THE UNITED STATES”. His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received Mr. Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council, and his accompanying delegation in Baghdad. During the meeting, they discussed banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq delegation to Washington and their meeting with the US Chamber of Commerce and American companies next April.

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

WALKINGSTICK: Trump has declared a mandate to Iraq - Stop using my dollar!! ‪@DINARREVALUATION‬

 

Government Advisor Reveals Iraq's Gold Reserves And Hedging Against "Ill-Considered Races" To Buy It, 29 jJAN

 Government Advisor Reveals Iraq's Gold Reserves And Hedging Against "Ill-Considered Races" To Buy It

Time: 2025/01/27 19:17:28 Read: 1,410 times   {Economic: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s gold reserves, which are estimated at about 152 tons.

Saleh told {Euphrates News} that: "The gold reserve is undoubtedly an important part of Iraq's foreign exchange reserves, as it contributes to enhancing financial stability and confidence in the national currency. According to the announced data, gold reserves have reached about 152 tons."

e added, "The approximate value of it in the country's foreign investment portfolio is about $14 billion, which constitutes about 13% of the total diversification of that portfolio, which is distributed in standard proportions among other foreign currencies."

Saleh promised that gold is "a safe haven for the balance of the aforementioned investment portfolio, especially when the exchange rates of some currencies or the fluctuation of interest on investing in those currencies are exposed to uncalculated risks in the short term as a result of decline or fluctuation."

He pointed out that "central banks often follow standard guidelines, including our country, in diversifying their investment portfolios in foreign currency, which adopts many criteria, including the density of commercial areas with which they deal in global trade and investment."

Saleh added, "Our country is monitoring this diversification with great precision and with accurate advisory coverage, and it is not necessary to enter into ill-considered races in the yellow metal markets," indicating that "gold often carries its management costs, whether insurance or storage fees in global gold vaults, according to highly accurate mechanisms."

He stressed that "its importance lies in the possibility of issuing bonds when needed, called gold bonds guaranteed by gold," noting that "there are currently buying sprees in the world due to the change in the US administration and the rise in its prices."

According to the statement of Al-Sudani's advisor, "the state of uncertainty surrounding the new US administration has led to a rise in gold prices globally, as gold is a safe haven for investors in times of instability," noting that "despite this, strengthening gold reserves depends on the decisions of the monetary authority and its strategies in maintaining economic stability, and taking the necessary measures at the appropriate time."   LINK

STATUS OF THE RV, PART. 2 BY MNT GOAT, 29 JAN

 STATUS OF THE RV, PART. 2

Next, I need to cover what many might see as a negative article. But I assure you it is just gossip and a devaluation of the IQD is NOT going to happen. Please see article titled “BETWEEN ECONOMIC EXPERTS’ WARNINGS AND GOVERNMENT DENIAL, THE VALUE OF THE IRAQI DINAR IS AT STAKE” 

I believe the point the author is trying to make in this article is that if the CBI does not move soon on the next stage, what Al-Abidi talks about in his article there may be repercussions in the economy. 

In that just because Iraq is now out of the currency auction platform everything is still not completed. There is more to do to get the dinar to the place that they desire it. This last step alone will not do it.

So rumors begin and an informed government source denied, on Tuesday (January 28, 2025), that the Iraqi government has any intention to reduce the value of the dinar against the dollar, despite rumors indicating upcoming measures to confront economic pressures and challenges in the international market.  Do you see what I mean now once you read this paragraph? The CBI must make this move to the next stage and do it soon, very soon, not years in the future.Now that they have moved closer to the international way of banking for their imports (through foreign correspondent banks), they must eventually move to FOREX and to get to FOREX trading they will need to conduct the Project to Delete the Zeros. The final goal in all these steps is to get of course to reinstate the dinar on FOREX but also to have the IQD usable for trade. What I mean is to create a desire for acceptance of the dinar as a means to pay for imports to Iraq. Why would anyone want the dinar now at 1/6 of a penny? Get it?  

So, when I listen to intel from many of these intel gurus out their namely this jackass  TNT Tony, I can see through the lies either someone is feeding him or he is just making it all up himself. I know the steps necessary to get to FOREX and believe me we are not exchanging our dinar as investors unless the IQD is back on FOREX. No one is exchanging the IQD for anything other than the “official” CBI rate 1310 or maybe a black-market rate. But certainly not at $3 or $4 dollars for example. How stupid to even believe this crap.  How long has this nonsense been going on?

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