(Thank you George for emailing this to Dinar Recaps. Dinar Recaps Note: we apoligize for not posting this yesterday.)
December 27, 2016 Mnt Goat News Brief
I bring you much goods news and perspectives today. So here we sit and it’s the last week in December. What can we expect in the coming months if not weeks?
I am not a prophet, a fortune teller and I can not read minds but I will try to put together my perspective. But I want you understand I am not making this up or just giving you “my opinion”. I am using the FACTS laid out in front of us from the past and just putting the pieces together to form a picture of what might take place in this coming timeframe. Afterall the CBI did tell us that the project to delete the zeros would resume in EARLY 2017.
Much of this information I will recap on today comes from reading tons of articles and listening to my CBI contact. It is the best we can do. I am open to anyone who thinks differently but please bring FACTS with your opinion and not just someone else’s intel.
I do not just regurgitate information some "contact" gives me. Instead I earn every bit of what I bring to you by hard research, translations and reading many articles.
While in the military intelligence, we would gather lots of “raw” intelligence data, but this data was raw did us no good unless we could put it all together to form a picture of the battle field. Then we could give it to the generals who could formulate a strategy and a plan of action to counter the enemy. So my thought process is all along this line of thinking and has been used in trying to figure out when we might see a significant increase in the currency rate of the Iraqi dinar. I am not saying I am perfect but I will say I have a knack for this sort of thing. I do not expect everyone to have these talents as I was highly trained to think this way. This is why I am here - to help us all in this effort. My only wish is that many more would simply listen to me.
So let me begin….(their words not mine)
FACT: mid December of 2015, the CBI told us they were “postponing” the “project to delete the zeros” until EARLY 2017 due to “security reasons with ISIS/Daesh.
FACT: later on in the fall of 2016, the CBI confirmed to us in an article that there were three (3) previous times when they fully planned to move forward on the “project to delete the zeros” and these dates were 2011, 2012-13 and 2015 but had to postpone it each time. In 2011 and again in 2013 due to instability in the gov’t (probably due to the Maliki administration) then for reasons of security in 2015.
FACT: Also in early 2016 the honorable Dr Shabibi, the former Governor of the CBI, came out with a press release and told us that in 2012- 2013 was an “unprecedented opportunity” to roll out the lower denominations and move forward with currency reform. But the opportunity was passed over due to political instability. At this time he told us he had full approval by the IMF to move forward. (This tells me that the RV is not all in the hands of the CBI nor of the Financial ministry alone but some outside entity probably needing signoff by the IMF and USA. So anyone who tells you that Iraq makes this decision to RV alone is crazy since we heard it over and over again in multiple articles that there are outside entities giving final approvals for this event. Do you get it finally? Iraq does not make the decision alone to RV!)
FACT; In March of 2015 the CBI told us they have the “green light” to go ahead with the “project to delete the zeros”. Green light from whom? Seems to me they needed permission from someone or else why would they say this. Could it be the IMF?
FACT: Iraq just told us this week they are moving to “phase 2” (the final phase) of military operations to remove ISIS from Iraq. The US military too just told us they have completed their part in this effort. So the all shows us that they are very close to ending this security breach in Iraq. Thus getting control of the security once again.
FACT: More on security – must get rid of the foreign and private militias in Iraq. Hakim (leading the National Alliance) has just told us they plan to begin to implement the National Reconciliation plan very soon. Another sign they are close to ending fight against ISIS. Contained within this Reconciliation law are strict provisions prohibiting these militias as any security force must be under control of the GOI or it will be considered an enemy of the state. We know in previous years under Maliki administration he had his own private militia that would bomb and assassinate those that opposed him. This will all stop under this new law. We also know that at one point there was almost a million Iranian kud forces/militia in Iraq and they too must be removed and will be removed.
FACT: Iraq has long passed their “Amnesty law” but not yet fully implemented it yet. They just told us now they plan to do this along with the Reconciliation law implementation in the “coming days”. Coming days? More stability in the security of the country since they are trying to create “national unity” and “patriotism” in the average citizen and to move away from sectarian divisions that disunite these people as a nation. Remember this – the only way you can conquer any enemy is to work as one nation for one cause. We did this in WWII and we conquered an enemy that was thought to be unbeatable (the Nazi regime). So when Iraq citizens finally unite (Kurds, Sunni and Sheites) and work together they will accomplish this abundance and great wealth they are worthy of.
FACT: There is only 5 days remaining in 2016 and for many years they have kept telling us that the end of 2016 is their target date to end ISIS in Iraq.
FACT: The Iraqi parliament is coming back into session on Jan 7th or 10th (two articles conflicted each other so it could be 7 or 10 and January). They told us they fully intend to address 30 of much needed legislation and described 6 of these laws to us including many of what we have been long awaiting to see. All of them have had their second reading already.
So now let’s relate all these FACTS to putting all these FACT together as to why you might think, back in mid Dec of 2015, the CBI told us they are postponing the project to delete the zeros until EARLY 2017?
What the CBI did was just to give us a timeframe since how can they be sure of any date. They must coordinate this event with GOI. But they do want to complete the currency reform as soon as possible since they came right and told us they are frustrated and tried already to do the project to delete the zeros three times already and had to postpone it. They know they need to do it and do it very soon without further delay. But when is a good time?
They had to give some date to plan by. This is how things work. You must at least plan and establish a target to move towards. Yes- there is an overall plan and all the parts seem to be moving forward very nicely in the plan. The SECURITY breach is almost completed and security restored and under their control. Soon the unwanted militias will either be absorbed within the Iraqi army or be asked to leave Iraq or considered enemies of the state and then arrested. The must needed banking reformsare in place to the point close to what the IMF has asked and what they need to be successful. They told us this in the mid Dec SBA review result. This last item I feel is VERY important since I firmly believe the IMF and the US govt both must give approval for any Iraqi dinar going international and RVing.
So please, please stop listening to all these other “intel gurus”. Unless we see these events I described come to conclusion the CBI does not plan to move forward with the “project to delete the zeros”. Get it? We are very close but still work to be done to get them there. I don’t care what the banks say or the back screens read. Who cares! Also some of these people in Iraq passing on information to us in the USA know no more than many of us do. So why use them as gospel and truth. They only pass on their little spin to get you to keep asking them for info.
So please, please stop this any day / every day RV alert info. There will be no RV until the project to delete the zeros moves forward. This will be the beginning of the next phase of the project. So let’s look for this news.
Beginning of the second legislative term of the third legislative year, on Tuesday, the tenth of January
BAGHDAD - The Journal News
The board has identified Presidency of the Council of Representatives, Sunday, the beginning of the second legislative term.
According to a parliamentary source (Journal News), "The House of Representatives has decided to be the beginning of the second legislative term of the third legislative year, on Tuesday, the tenth of January.
He ended the House of Representatives Wednesday (December 7, 2016), the first legislative term of the third legislative year, and to engage in the legislative recess and the estimated duration of fort
US State Department: Iraq represents an important investment in the long term
Follow - Balance News
Report site Oil Price US revealed that investors in the field of global energy began looking to invest in Iraq 's oil despite the high war risk in the country report.
" The investment in Iraq is important for a number of first causes according to what was expressed by the US State Department that "Iraq represents an important investment in the long term , " based on his status largest oil depot in the world 's fifth, as well as the country 's needs for rebuilding the infrastructure mega his reconstruction, while the US State Department report noted that "American companies have the opportunities for investment in the field of energy, security and the environment, construction , health care, agriculture and infrastructure .
"He added that" this does not mean , of course , that investors are practically go to Iraq and risk their lives to buy oil platform but the investment can through the American companies will benefit in the long term , such as Fluor companies, Exxon Mobil, BP, of course, the stocks in defensive areas considered a guarantee in the event of renewed fighting , where there will be a need for additional equipment like helicopters from Lockheed Martin or aircraft missiles from Raytheon Americas Corporation .
"He continued that" investors need to buy stakes in Iraq and distressed sectors, especially , but the investment world needs to be patient and give time horizon is long and if they do so will benefit significantly and wonderful after that. " (so once again the US govt is saying that Iraq is a great investment but you must be patient and be willing to give it time. Don’t we all know this is true…..lol….lol…WOW!)
Communications plans to set up a postal bank
Long - Presse / Baghdad
Revealed that the Ministry of Communications on Tuesday its intention to establish a postal bank in collaboration with the Central Bank of Iraq, as pointed out that steps are underway to complete the project.
He said ministry spokesman Hazem Mohammed Ali in an interview (range Press), "The Ministry of Communications launched by the Directorate of Mlakatha e Thrift opening official channels with the Central Bank of Iraq to set up and establish a postal bank."
He pointed out that the "moves to set up the bank is going successfully."
(Many of you may asked what is a postal bank. First to understand you must know that there is a slight translation issue in this article as it takes the international routing of money from a bank literally as “postal bank”. Also they will be using some of the same secured international channels to accomplish this as is used for secure postal mail. So can you see the translation issue? So what they are simply telling us is the international routing of Iraqi banking transactions for money orders and sending money abroad i.e Western Union, is about to come online with the new “postal bank” (or money transactions) as they are to be routed through the International Service Center (ISC) facility. This is such good news I can hardly stand it….lol…lol…)
CBI warns banking offices violation of the pricing of the dollar
A spokesman for the Acer Jabbar Bank in a press statement, said that " the Central Bank will take new legal action against the tight banking offices contrary to the official dollar exchange rate over the next few days."
He added that "those measures aimed at reducing the dollar and support the Iraqi dinar against other foreign currencies and reduce dependence on the black market price."
Jabbar said that "all banking offices monitored by the bank is not possible for lack of a sufficient number of employees," adding that " the reason for the continued rise of the dollar due to speculation on the black market." is over. ( I like that last sentence….”is over”….finally they found a solution to control the rise of the dollar caused by the corruption. Let’s wait and see if it works)
CBI decides not to charge the customer any load when using electronic POS
In order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale (POS), the CBI decided 'that the customer does not bear any fees when using electronic POS' spread throughout Iraq ...
(this news could not be any better since now we know for sure they are VERY serious about this e-dinar and getting the citizens on to debit cards and electronic banking…I am excited and so should you be…They have decided to follow the western blueprint on the use of the SMART cards (debit and credit cards) since the blunt of the cost is on the merchants not the consumer in the western society. Way to go Iraq! )
Their words not mine…..No Rumors, No Hype, Just the FACTS!
Much love to ya all,
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