DINAR REVALUATION

Wednesday, March 12, 2025

WALKINGSTICK: I'll take a new exchange rate for the IQD that I have in my reserves and deaL!!#iqd

US NATIONAL SECURITY ADVISOR TO SUDAN: ENDING EXCEPTION FOR ELECTRICITY SUPPLY FROM IRAN LINKED TO MAXIMUM PRESSURE POLICY, 13 MARCH

US NATIONAL SECURITY ADVISOR TO SUDAN: ENDING EXCEPTION FOR ELECTRICITY SUPPLY FROM IRAN LINKED TO MAXIMUM PRESSURE POLICY

Prime Minister Mohammed Shia Al-Sudani received a phone call today, Sunday, from US National Security Advisor Michael Waltz, where both sides affirmed their commitment to strengthening and deepening the strategic partnership between Iraq and the United States.

The Prime Minister’s media office said in a statement received by {Euphrates News} that “the discussions focused on enhancing bilateral cooperation in the economic and security fields, as the Prime Minister affirmed Iraq’s commitment to expanding economic relations with the United States, encouraging American companies to invest in the growing Iraqi market. He also reviewed the important reforms and initiatives implemented by his government to create a more stable, transparent and attractive environment for investors.”

For his part, the US National Security Advisor encouraged the Prime Minister to rely more on American companies, and to work to solve the problems and remove the obstacles facing those companies operating in Iraq, including the Kurdistan Region of Iraq, to encourage them to work and invest in Iraq.

The two sides also stressed the importance of joint efforts to build a strong Iraq capable of relying on itself. The discussions also included addressing issues and the role of American companies operating in this field. In this context, the United States renewed its commitment to supporting Iraq’s energy independence and expressed its readiness to cooperate in accelerating the achievement of this goal.

Regarding the security file, National Security Advisor Waltz affirmed the United States’ firm commitment to the security and stability of Iraq in the face of regional and international challenges. The two sides also stressed the importance of continuing cooperation to ensure Iraq’s sovereignty and stability in the long term, especially in light of the turbulent conditions in the region.

Waltz added that ending the exemption for electricity supplied from Iran is linked to the maximum pressure policy, which confirms the importance of bilateral coordination to avoid any potential negative effects on Iraq’s stability.

The call reaffirmed the strong partnership between Iraq and the United States, with both sides expressing their shared vision for a secure, prosperous, and sovereign Iraq.

STATUS OF THE RV. PART. 3 BY MNT GOAT, 13 MARCH

STATUS OF THE RV. PART. 3

What I am trying to tell you again is that they are still artificially suppressing the dinar and I believe they are still holding to this Obama/Biden foreign policy due to the economic war between Iran and the US, at lease for the time being. The currency resetting has to take place as some point. This news in this article is just yet another example of the problems facing Iraq.. Problems that they will NEVEER solve until they stop treating their economy like it is still under Chapter VII sanctions.

Are they finally breaking the parallel market?

We have also witnessed this and there is a significant decline the black-market pricing of the dinar. In other words it is getting closer and closer to the “official” CBI rate. But this news today is shocking news and we all certainly hope they do not decide to devalue the dinar, as they did in 2020.

What else is in the news….

There are a few articles about the gas and electricity imports from Tehran to Iraq. The US State Department announcing that it is reviewing all economic exemptions that provide Iran with any degree of support, in an escalatory step that could have broad repercussions, especially on Iraq, which relies heavily on gas and electricity imports from Tehran.

I will not list all the articles here on this subject and you can go are read them for yourself in the Articles Section of the Newsletter. Are they worth reading? I would pay attention to what they are telling us, but most of us should already be aware of this news as I have talked about it already. Iraq is trying now to negotiate gas from outside Iranian sources. They have also asked for U.S. help to finally complete the electricity grid, but remember this grid is to run off of almost exclusively natural gas LNG, something that they are working on to capture from their own Iraqi oil wells and use in their power plants. But this takes time to implement and pay for this project.

This gas is just being wasted today and blown off. This project cost money and would not be completed until 2028, three years from now. So, what do they do in the meantime? Maybe they can shorten this project with the U.S. help. Trump is good as solving problems and so let’s see what he comes up with for this one….lol..lol..lol..

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

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

PARLIAMENTARY OIL COMMITTEE REVEALS URGENT SOLUTIONS FOR IRANIAN GAS, 13 MARCH

PARLIAMENTARY OIL COMMITTEE REVEALS URGENT SOLUTIONS FOR IRANIAN GAS

The Parliamentary Oil and Gas Committee revealed, on Sunday, the Iraqi government’s intention to import Gulf gas instead of Iranian gas after the recent US sanctions, announcing a project that is being worked on at high speed in Basra, the far south of the country.

The spokesman for the committee, Ali Shaddad, said, “The problem with the Ministry of Electricity is that it has established stations in the Iraqi provinces that depend on gas only, while the stations in Basra are complex and operate on gas, crude oil, and black oil, and this is what contributed to the stability of the electrical system in the province.”

He explained that “the Prime Minister personally follows up on the completion of the gas pipeline project from the floating platform in Basra on a daily basis,” indicating that “the Ministry of Oil began working on it about thirty days ago and it will be completed at high speed within 120 days.”

He added that “the completion rate has exceeded 30% so far,” stressing that “the project will contribute to transporting Gulf gas in quantities of up to 200 cubic meters.”

(How much gas did Iraq say it needed to power its full grid? Didn’t they tell us? I quote from the article above- “Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts. This amount, at its maximum, does not meet the country’s electricity needs, as Iraq needs to increase production to reach 40,000 megawatts in order to ensure the provision of energy around the clock”

Since we know that 1 megawatt-hour would require about 198 cubic meters. So, you can see that the importing Gulf gas would not be nearly enough to power the entire country of Iraq.)

STATUS OF THE RV , PART. 2 BY MNT GOAT, 12 SEPT

STATUS OF THE RV , PART. 2

I find it very difficult to see how grown-up adults could analyze the exact same article and come up with just the opposite information. Do any of these intel gurus out there really know what the hell they are talking about?

Again, this is why the Iraqi dinar needs to get off the sole de facto peg to the US dollar. Also get off the petro-dollar. They need to get off the Obama/Biden policy towards Iraq which is still a “sanctioned-like” driven foreign policy. As we all know Iraq has been out of Chapter VII sanctions since Dec 2022. I know I keep harping on these FACTS but it is important to see and understand just what is really happening in Iraq and what has to change.

They need to peg the dinar to a basket to prevent these wide swings every time there is a hiccup in the oil market pricing of oil. Why these swings in the dinar rate? These swings are cause by two things:

1.Because Iraq is still forced to sell oil in US dollars only;

2.The Iraqi dinar is still solely pegged to the US dollar.

They do not and should not have to build up the economy first with non-oil revenues to combat this peg and reliance on the dollar, as this is what they are doing now. I tell you the value of the Iraqi dinar is already there and its there in the mere fact that they have large quantities of oil reserves, can bring it to market along with the other products. They have willing and able customers. It may not mean $70 a barrel, but even at for instance, $35 a barrel along with the gold stockpiles and the monetary CBI reserves, the assets can the dinar rate far greater than 1/6 of a penny for a dinar. Hey, I thought they were now moving to “asset” based currency values? So where is this effort when it comer to the Iraq?