Please take some time to read the articles titled “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“. These are my favorite articles in the news this period. It may at first seem imposing, but it will lead us to what we have been looking for all along. The news does not tell us, but this move by the US is supported by the CBI and is in the plan as the next move that had to be made. It is a strategic move in the overall plan for the next stage, this part they do tell us. It is going to set up the dinar for the future value. But first there will be some adjustments and bumps in the economy. I was reminded yesterday on my call to my contact int the CBI to remember that the reinstatement plan always calls for monitoring for inflation at each stage of the process. I was told they are moving in to, yet another stage and they are going to take some time to watch for inflation and see how the market reacts to this move. How long we don’t know but what we do know it can’t be that long of a period as Iraq will need currency for trade. I was told the dollars are not going away but CASH dollars in physical form are no longer be allowed in Iraq. Once this move settles down and “if and only if” the money laundering ends (Rafidian Bank), we have a VER Y good chance of moving to the next stage which will be the Project to Delete the Zeros.
So, what is happening with the CASH dollar?
I quote from the article “In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market. This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking sector.”
What does this mean?
This is telling us that the US is no longer going to fly over plane loads of CASH of US dollars to Iraq. Remember I told you that CASH is always a source for corruption as it is harder to trace than electronic payments. So, under the Trump administration with only a month in his administration, decided to cut off the CASH flow of dollars. This is something that should have been done in conjunction with the correspondent banks move on December 31, 2024 for conducting the payments for Iraqi imports. I think the CBI at that time was being over cautious and wanted to take the time to monitor for inflation. Yes, their plan calls for monitoring and adjusting, if needed, for inflation at each stage of the strategy.
What will this lead to?
This move will most definitely bring a short-term rise in the dollar in Iraq over the dinar. It is hoped that it will finally break the parallel market once and for all and the dinar will rise over the dollar. Do you remember I kept asking where in hell is the black market getting all these dollars when Iraq had already de-dollarized? So, now we witnessed the articles on the corruption still from the Rafidian bank in selling dollars and they seem to end up in the hands of Iran. Well, now there will be only “electronic dollars” and the volatility and risks are mitigated as these dollars can now be fully traced to their destination. No more pan-handling the CASH of the US dollar.
Our investment in the dinar:
This move, although it looks like it will hurt the Iraqi economy initially, will actually help the country once they can get over the hump of no more CASH dollars. They always told us they needed to implement electronic transfers and were doing so. US dollars will still flow to Iraq from the US, not in cash format anymore. Remember this money is from the sale of oil in petro-dollars and belongs to Iraq in the DFI fund in NYC.
The Trump administration hopes this move will shut down all cash flows of dollars to Iran. This is the main reason for this move. But also there is another reason. This is part of the heavy sanctions it is imposing on that country. As far as our investment goes this is only good news for us as we have been waiting for these plane loads of CASH to stop. These Trump sanctions on Iran are only forcing the issue sooner than later. Get it? The CBI is over cautious and slow to act. Think about what they were doing. On one hand the US kept harping about Iraq funding Iran to circumvent the US sanctions yet for two decades they were flying plane loads of $100 bills to Iraq. Did this make any sense?
Should these shipments of dollars have stopped way before now? You mean to tell me that the US govt didn’t know this money was being stolen? Did many of these US politicians have their hands in all of this to fill their own pockets for themselves or for the good of Iraq?
I only hope all my blog readers can see the massive corruption by the prior US administrations (Bush, Obama and Biden) in the handling of Iraqi oil revenues. It was literally a free-for-all disguised as helping Iraq. But was it really? Look what it has done to the dinar. Oh.. these politicians are good at lying and deceiving the public. You want to know why we still sit here waiting for the RV?
The Trump administration seems to be moving quickly on many of these long-standing issues facing the corruption in the U.S. too. Remember I told you that it was only a couple weeks ago that he requested the file on Iraq. So, I am not surprised that they moved so quickly on this issue with Iraq. I know many of you are thinking my negative news from Tuesday is going to take years and years to accomplish. Can you see now this is not going to take years. Yes, the currency reform process is on the move again.
This recent move is a sign that Iraq is now moving into yet a new stage in the process of currency reform. January 2023 was a big shift to the new currency platform, then I like it, how about you? It had to be done and we were waiting for it. I told everyone months ago that this literal paper CASH flow had to stop. My contact in the CBI told us, remember? It was too risky and left Iraq vulnerable to corruption. Let’s hope this ends the parallel market altogether in Iraq. It almost has to.
Q & A
Question From Jack Bowra: Why does America sell dollars to Iraq if they are so worried about them then funnelling through to Iran?
Answer Mnt Goat: The dollars are in a DFI fund. When oil is sold from Iraq the buyer MUST pay in US dollars. They call these “petro- dollars”. These payments go directly into the DFI fund which was set up to protect Iraq from creditors left over from the Saddam Hessian regime. They did this to protect Iraq. When Iraq needs money to pay for imports, they submit their budget to the Federal Reserve, and they would send plane loads of paper cash $100 bills to Iraq to meet their budget. Remember this is Iraq’s money. The problem is that this system opened Iraq wide open for corruption and the US Federal Reserve that set up this system knew it and used it to scam the oil revenues from Iraq. Folks they are not that dumb that they couldn’t project this would happen. This became their little slush fund. A little for their pockets, a lot for Iran and nobody would know the difference, they thought. They figured everyone would just think it was all Iranian corruption and smuggling and no one would catch on to their scheme. But the Trump administration is catching on and this all going to come out in the news soon. Watch for it! So, how do you now stop the corruption is the real question. How do you stop 20 years of corruption? Some people at the highest levels are getting paid off in the US to let all this money go to Iran. This is the real problem. I have been telling everyone this for a long time. The U.S. is the real problem. The relationship of the U.S. with Iraq in this matter had to change and so it is now finally changing. Buy, buy U.S. Dollar, hello Iraqi Dinar.
