STATUS OF THE RV, PART. 3 BY MNT GOAT

 STATUS OF THE RV, PART. 3 

I want now to give you an update on my conversation yesterday with my Iraqi CBI contact:

I asked if the Iranian issue had any impact on the reinstatement process.

She told me that the negotiations with Iran are critical to Iraq too for many reasons. Iran is a large trading partner and it would greatly effect prices in Iraq from imports.

She told me about the U.S. treasury and a recent meeting with the CBI, Finance Committee, Al-Sudani and Saleh. 

She was present in the room but not involved in the conversation. She was allowed in the room because it could affect the start of the Project to Delete the Zeros. 

She told me that if Iran goes sour, the coalition may decide to bunker bomb the Iranian nuclear sites and destroy all capabilities for enrichment.

 She said Trump did offer enrichment continuation policy up to a point for peaceful nuclear power generation, pending on verification of the commitment. 

Iran so far does not want to expose their sites and locations to inspections.

 Why? Even if the U.S. and Israel do decide to bomb, there is no assurance they have the correct locations of these sites.

Trumps deal may be rejected. The feedback is still pending. In that case this would be the last offer and negotiations would end. The next step is the bunker bombing. 

The reason for the meeting this week in Iraq was to inform all parties that the U.S. may target the reinstatement of the dinar prior to the bombing, as once the bombing occurs things could get “sticky” in Iraq for a period of time, maybe years.

The call to Iraq was a long one and the cost was expensive. So I had to end it. I plan to get an update next week. 

She was not sure of the deadline for acceptance or rejection of Trumps last offer to Iran and though it might be June 7^th. We all hold our breath in Iraq she said waiting for the reply from Iran. She hoped it would be the right one.

All I have left for today is to ask each and every one of my readers to PRAY. Pray that Iran makes the right decision and war does not occur. If it does occur this will only show us that Iran was never really sincere in the negotiations to begin with. 

Both parties must give and take. That is why you negotiate. Sometimes appeasement does not work and in this case with years of Obama and Biden we see it did not work. Sometimes non-peaceful measures are the only way remaining.

So, lets PRAY for the right outcome whatever it is and that it is sanctioned by God.

Telling you the TRUTH, you do want to know the TRUTH? 

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WHY IRAQ MUST DO ACTIONS REGARDING NON OIL REVENUES INITIATIVES?: IRAQ N...

BABYLON DISCUSSES INVESTMENT OPPORTUNITIES WITH THE EUROPEAN UNION AMBASSADOR

BABYLON DISCUSSES INVESTMENT OPPORTUNITIES WITH THE EUROPEAN UNION AMBASSADOR

The local government in Babylon announced today, Tuesday, the reception of the European Union Ambassador to Iraq, Thomas Seiler, where the prospects of supporting European companies’ investment in Babylon Governorate in various sectors were discussed.

Babil Governor Adnan Al-Faihan said, “During the meeting, the most prominent investment opportunities available in the province were reviewed, based on Babil’s distinguished strategic components that qualify it to be at the forefront of Iraqi provinces in the industrial and agricultural fields, especially since it is the food basket of the Middle Euphrates, and has appropriate infrastructure and a fertile environment for investment.

He added, “We also provided the ambassador with a detailed explanation of the province’s distinguished geographical location, its natural resources and the abundance of arable land, in addition to the presence of government and private factories that are capable of development, stressing our serious desire to attract investments to advance the economic and urban reality, and transform Babil into a competitive center capable of keeping pace with developed countries, especially since some of those countries do not have the capabilities and advantages that Babil possesses.”

He stressed the local government’s confirmation of the province’s full readiness to cooperate with all European companies wishing to invest, while providing all necessary facilities and guarantees to create an attractive investment environment that contributes to achieving sustainable development and the desired economic prosperity.

STATUS OF THE RV, PART. 3 BY MNT GOAT

 STATUS OF THE RV, PART. 3  

😊One more important article in the news titled “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”. 

I saved the best for last…lol..lol… 😊 😊 😊

In this news we read that the Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq’s natural resources exceeds $16 trillion.

 The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields.

This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income and optimally utilize the country’s resources.” He added, “Investment in the mining sector will contribute to attracting billions of dollars in fields ripe for development.

All I can add is WOW! WOW! WOW! Sounds to me that when they ramp up this effort into high-gear, Iraq could see this revenue stream almost, if not equaling the oil revenues. So, again we see Iraq beating it’s chest as they are proud of their wealth. So they are identifying all these assets. Basel requirements state the currency should reflect the value of the assets of that nation. What are they waiting for?

Okay now that we heard about Iraq bragging and beating it’s chest again, lets again look at a summary of the potential revenue streams for Iraq:

• Oil revenues (realized and untapped)
• Customs and Tariffs (told us it can rival the oil revenues)
• Tourism (hotels, holy shrines, pilgrimages, museums, etc)
• Agriculture exports
• Development Centers / Industrial Cities (soon to generate many exported products)
• a diverse stock of untapped minerals (sulfur, phosphate, and rock salt, iron, manganese, zinc, lead,  lithium, and copper fields.)
• Some rare earth minerals.
• Gold Mines in Iraq

What did I miss? WOW! WOW! WOW! WOW! WOW! WOW! WOW! WOW! WOW! WOW!

In my last Newsletter from Tuesday 6/3 what was the headlines? Oh …. Didn’t the UN just tell us that “IRAQ WILL BECOME A BANKING POWERHOUSE BOTH DOMESTICALLY AND INTERNATIONALLY”. 

Yes, wealth is leadership and Iraq is certainly taking the point lead under Al-Sudani in this area.

As you know I often they come up with comparisons to visualize where we are with the RV saga.

 The choo-choo train is still moving down the tracks quickly. It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc. But all trains eventually make it to the end of track.

 This end is coming. Remember also that we read a lot of articles about what Iraq wants to and the resources involved. Many of these plans are already accomplished, some now in motion and some still in the planning stages. So we must be patient and let these efforts blossom in reality.

 It's kind of like blowing up a balloon. It will only take so much air before it pops. Iraq is about to reach that point. They do not have to implement all of these plans to get there. Later this wealth will sustain the value of the dinar once reinstated.

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

ARIEL : The Red Line Has Been Crossed 📈 @DINARREVALUATION #iraqidinarinv...

ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION

ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq’s natural resources exceeds $16 trillion.

Saleh told the Iraqi News Agency (INA): “Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, a sector that has been neglected for decades. The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields.

This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income and optimally utilize the country’s resources.” He added, “Investment in the mining sector will contribute to attracting billions of dollars in fields ripe for development, such as sulfur, phosphate, lithium, and other minerals.” He pointed out that “Iraq ranks first in the world in terms of the concentration of natural resources per square kilometer, and ninth globally in the value of various natural resources, with an estimated value exceeding $16 trillion, according to published global estimates.”

He explained that “the various reserves of land wealth constitute a diverse stock of minerals:

1. foremost among which is phosphate: its reserves are estimated at more than 10 billion tons, and our country ranks second globally in terms of reserves, and is concentrated in the Akashat region of Anbar Governorate.

2. Second is free sulfur: our country enjoys large reserves in Mishraq in Nineveh Governorate, which are among the largest free sulfur fields in the world.

3.Third is silica: in the Najaf region and western Iraq, it is used in the glass, electronics, and semiconductor industries, and is among the most important and purest reserves in the world, according to published international estimates.” He continued,

4.”Likewise, iron, manganese, copper, and gold are distributed across various regions of Iraq, particularly in the Kurdistan Region and the western and central borders, except for southern Iraq, which possesses vast reserves of other rare natural resources. ”

He pointed out that “the policy of diversifying the national economy by extracting and processing mineral resources for national industries, and then adopting their export by maximizing value-added chains in manufacturing or semi-manufacturing industries, will add at least 10 percent to the GDP in the first phase.”

He pointed out that “after that, the percentage will increase to become one of the pillars of diversifying national income sources over time, especially if the link between mineral investment and the development of national manufacturing industries grows, such as fertilizer, aluminum, glass, electronics, and batteries related to renewable energy.

This is in addition to the introduction of foreign capital and advanced digital technology and services, the provision of national job opportunities, and investment in Iraqis as a productive national resource.” He emphasized that “the mineral diversification policy is one of the opportunities to implement the philosophy of sustainable development and free the national economy from the extreme monopoly of oil resources. It is considered an economic defense against the monopoly of oil prices, which directly impacts the state budget.”

He emphasized that “present and future generations will witness a new era of investment for Iraq in economic and technological progress and prosperity, towards building a promising model of balanced development.” He noted that “Iraq, which strongly aspires to build investments in mining fields as an additional resource in the medium and long term, does not rule out investment in oil fields, but it cannot completely replace oil in the near term. Rather, it serves as an important complement to the strategy of diversifying the national economy.”

He concluded by saying: “The mining sector represents a promising opportunity for Iraq, not only to increase public financial revenues, but also to restore the structural balance of the Iraqi economy, create major national employment opportunities, and achieve diversified development in areas rich in natural resources, which will lead to increased investments in infrastructure, within a model of geographically balanced economic development for all of Iraq.”

(Okay I hear you Iraq, but why is your dinar still at 1/6^th of a penny? ☹ )

STATUS OF THE RV, PART. 2 BY MNT GOAT

 STATUS OF THE RV, PART. 2  

😊Next the articles give us news of the Oil and Gas Law. Here is the article titled  “IMPORTANCE OF APPROVING THE OIL AND GAS LAW.” In this news we read that  

Iraqi Prime Minister Mohammed Shia al-Sudani received a delegation from the Kurdistan Islamic Union Party’s parliamentary bloc on Tuesday. The meeting discussed vital issues related to the relationship between the federal government and the Kurdistan Region.

During the meeting, the two parties emphasized the “need to find radical solutions, within the framework of the constitution and the law, regarding the Kurdistan Regional Government’s financial obligations, based on the provisions of the budget law and the Federal Court’s decision.”

I find it almost funny how they bring up this needed referendum (law) as stated in the Iraqi constitution each time we get close to the RV. Does Iraq need to resolve these issues prior to any RV?

 If you use common sense we might say yes since Iraq is still a rentier economy. However, there may be a desperate move coming to attempt to reinstate based on the Iranian negotiations before they tank and war is inevitable to destroy what enrichment production facilities they have by force.

Remember that the Oil and Gas Law was supposed to be accomplished almost 15 years ago. Again, I will add a note about all the confusion that has come about the lack of oil flow from Kurdistan or the payments of salaries to Kurdistan. Finally resolving this law could resolve many of disputes before they even become critical.

 Remember just this year alone Kurdistan shut off oil flows due to disputes in salary amounts given again from Baghdad.

 If you look at the evidence the smaller salary files are always justified due to black market oil sales outside the constitutional requirements. But then Kurdistan also comes forward with justification as to why they should maintain these revenues. So, who is correct? If they had a sound Oil and Gas Law, the law itself would resolve these kinds of issues. There is also disputes as to who can develop the oil fields. The constitution clearly states Iraq must develop them, however Iraq does not have the expertise to do so. They then hire outside companies. Baghdad says this is not legal. If you study what happened in Iran with their oil development you can relate this overflow of thinking to the Iraqi people influenced by Iran. This messes with the budget and scheduled projects for the 2025 budget, as the oil revenue stream stopped. This also once again reinforces the hazards of a “rentier” economy based solely on oil. These disputes are not good for the world to see, especially potential investors.

Can Sudani release the names of who is holding back the much needed laws, whether it’s through new articles or broadcasting channels?

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