Mnt Goat September 7, 2023 Mnt Goat Post 1 of 2 Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3. So why is the currency still being u… Read Full Article
Mnt Goat September 6, 2023 Mnt Goat Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however I believe this is their next targe… Read Full Article
Mnt Goat September 3, 2023 Mnt Goat Article: “SPECIALISTS CALL FOR A REVIEW OF THE IRAQI FINANCIAL SYSTEM” Quote: “…the financial and administrative system in Iraq needs to be restr… Read Full Article
Mnt Goat September 2, 2023 Mnt Goat [post 2 of 2] Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But…They have told me over and over again that when they… Read Full Article
Mnt Goat September 2, 2023 Mnt Goat [post 1 of 2....stay] …according to my conversation with my CBI contact in Iraq…I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq…The… Read Full Article
Mnt Goat August 31, 2023 Mnt Goat …over the years we have seen the dinar rate change but this is an “artificially” manipulated rate and not a “free” float. This is important concept to understand. A free floa… Read Full Article
Mnt Goat August 30, 2023 Mnt Goat Post 3 of 3 This is why we need them to issue the lower denominations. So, when they do reach around 1000 program rate (probably more like just under 1000) they plan to drop the zeros. The rate th… Read Full Article
Mnt Goat August 30, 2023 Mnt Goat Post 2 of 3 The IMF and the CBI told us years ago they are not going to swap out the 3 zeros notes for the newer lower denominations at a fraction of the value. The 3 notes will be “legal tender” for u… Read Full Article
Mnt Goat August 30, 2023 Mnt Goat Post 1 of 3 I presented scenarios to you in the past about the rate of these 3 zero notes…the rate is already close to 1:1 only they added 3 zeros to the currency. By adding these three zer… Read Full Article
Mnt Goat August 29, 2023 Mnt Goat no one…can tell you the date of the RV? In fact, I don’t even think the CBI knows until they get closer. But what I do know…is that the CBI is still planning to conduct th… Read Full Article
Mnt Goat August 25, 2023 Mnt Goat …when I read the 2011 Dr Shabibi plan for the reinstatement process…He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it s… Read Full Article
Mnt Goat August 24, 2023 Mnt Goat …the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it. Iraq does not have to re… Read Full Article
Mnt Goat August 22, 2023 Mnt Goat … we have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon…this is their target, and we know now it is. Is this the last r… Read Full Article
Mnt Goat August 21, 2023 Mnt Goat I do not believe the RV will go right away once the CBI gets the green light…they would RV first in-country and restrict it to Iraq. At that time, it will be just under or over a do… Read Full Article
Mnt Goat August 20, 2023 Mnt Goat …We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000. But they are not th… Read Full Article
Mnt Goat August 18, 2023 Mnt Goat …the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules… an interview with Ali Alaq he told… Read Full Article
Mnt Goat August 16, 2023 Mnt Goat In summary the process begins in Iraq with the project to delete the zeros. Once they complete this project they must wait and watch for inflation (1 -2 weeks), then if all goes well,… Read Full Article
Mnt Goat August 16, 2023 Mnt Goat post 1 of 2 I…want to remind everyone again that when they do decide RV they must follow “the process” already set up to do it as I was told in 2011 by Dr Shabibi. Also…all the oth… Read Full Article
Mnt Goat August 12, 2023 Mnt Goat [post 2 of 2] Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once aga… Read Full Article
Mnt Goat August 12, 2023 Mnt Goat [Post 1 of 2] the BIG, BIG news…I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven… Read Full Article