STATUS OF THE RV , PART. 1, BY MNT GOAT, 3 DEC

 STATUS OF THE RV 

Its finally here, the beginning of the new year 2025 is here and we have been talking for months about what may happen during this period of time. We all should be VERY HAPPY to hear this news today.

 I want to come to you today to present yet much more evidence of the progress of the currency reform effort in Iraq. This effort is leading the Central Bank of Iraq (CBI) to its destination on our RV train ride to the final stop of the reinstatement.

 Just over these last couple years, we have witnessed an accelerated plan by the CBI. Many of the politicians in Iraq don’t understand the plan or want to accept the inevitable because it spoils their corruption schemes to steal dollars out of the CBI reserves. But times are changing and changing fast.

Okay so its Thursday Jan 2^nd 2025 already and many of you are disappointed. Why?

 For all my common sense and information that I know, I can not figure why anyone following my blog should be disappointed or discouraged. Look at what just happened with the ending of the currency auctions.

 Look at all the evidence I have shown you (not intel guru talk of false claims). Hey many of you folks out there are used to this stupid every day any day intel guru talk. I know you are listening to it as it shows in your comments too. 

I have explained to everyone that my blog is not about over speculating but rather gathering the FACTS and letting the FACTS lead us to the RV. They are leading us to the RV and Reinstatement. I used the analogy of the choo-choo train for a reason. We are almost at the final destination, in fact I feel we are there but they are not doing anything more. The train has reached the end of the line and has just stopping waiting to give the next set of directions. No one has yet gotten off.

So, in just about every article now from the Financial Committee and the CBI they talk about obtaining STABILITY. Yes the needed stability seems to be accomplished, according to what they tell us. They told us so many times already they needed SECURITY and STABILITY to begin the Project to Delete the Zeros. Well…. 

now they have it and so will they begin the project now?

My CBI contact has told me on my call to Iraq yesterday 01/01 that the CBI is planning to conduct the project very soon. 

I asked her to define “soon”. I was told VERY soon and that was all of a timeframe she would give me.

 Of course, I laughed at her answer but she was serious in her answer. In these relationships and friendships, you don’t want to push the issue too much and so I just have to back down and see now what happens. 

I trust this person and know her personally from my time spent in Iraq as a soldier. She is only passing on what she knows from her committee on this subject matter. Folks, we just have to sit and be patient. We must stop this intel guru mentality. I am not the person telling about this every day / any day RV bullshit. Get it? We just have to buckle down and wait. It is coming, I assure you.

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

NDA IN CURRENCY EXCHANGE

BORDER GUARDS ANNOUNCE SECURING THE ENTIRE STRIP WITH IRAN: NO MORE SMUGGLING, 3 JAN

 BORDER GUARDS ANNOUNCE SECURING THE ENTIRE STRIP WITH IRAN: NO MORE SMUGGLING

The Border Guard Command confirmed, on Tuesday, securing and fully covering the common border with Iran, and indicated that it is ready to cooperate with the Iranian Border Guard to ensure protection and facilitate the movement of visitors during the days of the Arbaeen commemoration of Imam Hussein.

The Border Guard Command stated in a statement:

The common border areas with Iran have been fully covered and any smuggling or border violations have been prevented. The Iraqi Border Guards are ready to cooperate with the Border Guards of the Islamic Republic of Iran to ensure the protection of the borders and facilitate the movement of visitors during the days of the Arbaeen commemoration of Imam Hussein (PBUH).

This meeting, which was attended by border guard commanders from Kermanshah, West Azerbaijan, Khuzestan, Kurdistan and Ilam provinces, aims to enhance the level of cooperation and study border and security issues between the two countries and protect the common borders.

For his part, the Commander of the Iranian Border Guard, Major General Ahmad Ali Goudarzi, explained that the border guard forces in Iran and Iraq work side by side to ensure the security of the people of the two countries, and that cooperation is good and border relations are excellent between the border guards in Iran and Iraq.

Iran has 1,609 kilometers of common border with Iraq, and this wide common border is well monitored and managed thanks to the excellent relations and cooperation between the border guards of the two countries.

DINAR GURUS UPDATE, 3 DEC

 DINAR GURUS UPDATE

Highlights

• 📉 Understanding Parallel Markets: Parallel markets typically arise in response to economic instability, where individuals seek alternatives to official channels. This phenomenon is often driven by inflation, scarcity of goods, and high prices. As governments crack down on these markets, it raises important questions about their sustainability and adaptability.

• 🔒 Government Regulation and Control: The increased regulation of parallel markets signifies a broader effort by governments to maintain economic control and stability. While this approach may reduce illegal trading activities, it also risks driving these markets further underground, complicating enforcement efforts.

• 📲 Technological Influence: The rise of technology, particularly cryptocurrencies and online marketplaces, presents new opportunities for individuals to engage in transactions that evade traditional regulatory frameworks. This technological shift could result in an evolved form of parallel markets that operate more discreetly.

• 🤝 Consumer Empowerment: Consumer behavior is critical in shaping market dynamics. As individuals feel marginalized by official pricing mechanisms, they are likely to seek out alternatives, which can lead to the emergence of informal networks and community-based trading systems.

• 💱 Currency Auctions as Economic Stabilizers: The currency auction system in Iraq plays a vital role in managing the supply and demand for the US dollar, which is essential for trade and economic stability. By extending these auctions into early 2025, the Central Bank of Iraq aims to foster a predictable economic environment.

• 🌟 Foreign Investment Attraction: A stable currency auction framework is crucial for attracting foreign investors. Investors seek assurance that their investments will be protected and that a reliable system is in place for currency transactions, which is necessary for long-term economic growth.

• 🧠 Importance of Knowledge and Awareness: As the market landscape evolves, consumers must stay informed about pricing trends and the credibility of sellers. This awareness empowers individuals to make informed decisions and actively engage in community discussions about economic changes.

Overall, the speaker emphasizes that the future of parallel markets is uncertain and invites viewers to reflect on potential outcomes as they continue to adapt to changing economic conditions. The call to action encourages ongoing dialogue and exploration of these important topics as they impact both local and global economies.

BROTHERS TECHNOLOGY : "All arrows are pointing to Go time"!! @DINARREVAL...

Iraq officially suspends work on the electronic platform.. Will we witness a crazy rise in the dollar? WITH COMMENTS OF MNT GOAT, 3 JAN

 Iraq officially suspends work on the electronic platform.. Will we witness a crazy rise in the dollar?

The Central Bank of Iraq announced today, Wednesday, the suspension of work on the electronic platform mechanisms related to the sale of Dollar.

He said Deputy Central Bank Governor Ammar Khalaf, in a statement to the official agency, followed by Sumerian News, “The mechanism of work on the electronic platform related to foreign transfers has stopped working, but financing foreign trade continues through correspondent banks according to different mechanisms that are parallel to what is in effect in countries around the world.”

He pointed out that “the granting of Dollar For travelers at airports according to the approved mechanism, which is the best in limiting the occurrence of Dollar For the traveler.

This decision comes as part of a series of reforms aimed at facilitating financial procedures and stimulating the economy, but at the same time it raises questions about its potential impact on the stability of the dinar exchange rate Iraqi before Dollar American.

(WOW! Did you read this last paragraph it says “potential impact on the stability of the dinar exchange rate Iraqi before the American dollar.” Yes, before the American dollar. Now what?)

The concept of the electronic platform and its role in currency stability

The electronic money transfer platform is a mechanism adopted to ensure the regulation of foreign money transfers and to limit manipulation of exchange rates.

The platform documents commercial transactions and money transfers by banks and financial companies, ensuring more effective control over hard currency flows in and out of the country.

This platform has greatly contributed to narrowing the gap between the exchange rate. Official and the black market price, where many money laundering and smuggling operations were prevented.

However, with the decision to cancel this platform, questions are raised about how the market will be regulated and transfers managed.

(Why is there a question? The CBI explained it very clearly and we read those articles. Seems this author needs to do some research and lean about how the new currency sales window works with these correspondent banks. Again this article may be yet more propaganda that is anti-CBI.)

The impact of deplatforming on the price Dollar

1- Increased demand for Dollar In the black market, in the absence of an electronic platform, demand may increase. Dollar In the black market due to the absence of control mechanisms, which leads to higher exchange rates outside official channels.

2- Weak confidence in the dinar, as canceling the platform may weaken confidence in the Iraqi dinar, especially if effective alternatives are not put in place to ensure market stability. Weak confidence means that citizens and investors may withdraw their money in dinars and transfer it to Dollar As a safe haven.

3- The impact of smuggling and money laundering, as cancelling the platform could cancel strict control over smuggling operations. Dollar Smuggling and money laundering practices may expand, increasing demand for Dollar Significantly and affects the central bank’s reserves.

4- The market depends on supply and demand. With the cancellation of the platform, the currency market may become more affected by direct supply and demand. This may lead to severe fluctuations in the exchange rate, especially in light of unstable economic and political conditions.

Chances of facing a rise Dollar

1- Activating alternative control tools

The government and the central bank can rely on other supervisory tools such as strengthening the role of local banks and imposing strict restrictions on foreign transfers.

2- Increase reserves from Dollar

The central bank may resort to pumping more dollars into the market to meet demand and maintain price stability.

3- Promoting local investments

By encouraging investment and reducing dependence on foreign currencies, pressure on Dollar and strengthen the dinar.

4-Cooperation with international organizations

The government may cooperate with international institutions such as the International Monetary Fund and the World Bank to develop economic plans that contribute to market stability.

The decision to cancel the electronic platform for money transfers represents a major challenge to the Iraqi economy, and may have direct effects on the exchange rate. Dollar In front of the dinar. To achieve economic stability in the next phase, it will be necessary to take proactive measures to compensate for the absence of the platform and ensure the continuity of supervision of the financial market.

The balance between facilitating economic procedures and protecting the national currency will be the decisive factor in determining the success of this decision and its effects on citizens and investors.

(Boy, oh boy, oh boy! Change is hard after 20 years of the currency auctions and then the electronic platform. Going back to the “that which is parallel to what is in effect in countries around the world.” is a huge change. But something they will get accustom to and finally will accept. If you go back to 2003-2004 you read similar articles about the large three zero notes and how they hated the change from the lower denominations. )

ARIEL: Coming In Hot : Iraqi Dinar Update, 3 JAN

 ȺɾìҽӀ

@Prolotario1

Coming In Hot 

Iraqi Dinar Update

This statement from the Central Bank of Iraq (CBI) signals that Global Odeme Hizmetleri is now authorized to handle foreign remittances alongside Western Union and MoneyGram.

 This means they are ready to implement the monetary reform. Western Union & MoneyGram are IS exchange sites. This opens up more channels for converting IQD to USD, increasing options beyond just banks. 

Their banks are internationally linked and and carry out more secure & safe exchanges. The new currency notes are supposed to be available today. I will look more into this because we are reading official statements from the Central Bank. 

The only logical reason I presume they have not released the new notes/exchange rate is because their Stock Market opens on January 7th. Will they wait until then? Not sure. But the option ofcourse is there. 

The only thing that contends with this is their announcement a couple of days ago where Jan-2nd was the day the new notes were supposed to be released. Stay tuned..