(Thank you George for emailing this to Dinar Recaps.)
UU3269 – “Quick Update” by Mnt Goat
I need to clarify something very important. I do not copy intel, rumors or other information from other dinar intel gurus. In fact my news letters typically are published clearly prior to most of these ridiculous conference calls are broadcasted. I find it very silly that anyone can dare say I copy their intel.
The fact is I write my own news letters from my own diligence of reading articles and talking to contacts I have come to know many years ago (and maintain these contacts today).. These are good contacts in Iraq I met while stationed in that country during Desert Storm as a military soldier.
I am hear solely to assist all of you dinar holders in learning the truth the best way I can. I have seen the need over the last 4 years to clarify the news and “unprogram” your minds from this crap that is being published from these so called “intel gurus” about this everyday, any day revaluation rumors. The people literally have no business telling you any news about this revaluation event but they do so for profit margins. If this dinar revaluation is a scam, these are the scammers and for many of you I pity since you can not see through them.
You might want to read my news letter from 3/24 (LINK) if you have not done so already. It will help to better understand what I am about to tell you today.
Today is Friday March 27th and yes there is still no Iraqi currency RV.
As the week winds down I wanted to send out a quick news letter as to what happened this week, as far as events that could explain to us how close we are to the revaluation of the Iraqi dinar.
Pending Needed Legislation
“The House of Representatives has completed the first reading of the law of the National Guard in the second month of March and referred to the Committee on the parliamentary security and defense to make some amendments to the draft law, to ask for a second reading as soon as possible.
"the National Guard Act will be included on the agenda of the House of Representatives schedule next Saturday in agreement with House Speaker Salim al-Jubouri, so get out of Article 110 of the Constitution, which prohibits carrying any weapon outside the framework of the state, noting that "Legal Committees, security and defense Alniabaten not have any forms on this draft”.
My comments: So we find out that only the first reading was conducted this week and not the final vote. We also see a dispute (a conflict) on the law on article 110 of Iraqi constitution as explained above and it must go through a revision. We are hoping for a second reading in this Saturday’s session.
Still no news on the Amnesty law. As far as I know it has not even has its first reading. I believe this law will follow very closely on the heals of the National Guard law once it is completed in parliament.
I am not hearing it will take months to complete and implement this legislation but then again I could have said this months ago ……so go figure.
Fighting ISIS / DAASH
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – Prime Minister Haider al-Abadi said the operations in Tikrit going successfully and as planned.
The commander of the armed forces, in an interview with Al-Iraqiya of Tikrit, Iraqi forces have reached the final stages of editing the city of Tikrit, adding that the operations are going successfully and according to what was planned.
Abadi pointed out that there is cooperation between the military and security forces and the popular crowd in the implementation of the plan and the liberation of the city.
The Abadi arrived in Tikrit on Thursday night to oversee the functioning of the city of Tikrit, edit operations Daash terrorist gangs, as well as conducting field interviews with security leaders.
My comments: Iraqi and coalition forces will maintain control of the city of Tikrit this time, as the key to overtaking ISIS is to maintain control the cities once the battle is over. We also heard news of forces moving on to Mosul and the preparations are now being made for this battle. How many times must they retake Mosul?
One other item that still concerns Iraq are the Iranian backed Sheite militias. We have heard about actions of these militias many, many times as we have witnessed over the years these constant reoccurring terrorists bombings in the cities of Iraq under the Maliki government. Who do you think were doing these bombings and Why? Even after ISIS and DAASH are cleaned out of Iraq these militias too will continue operations unless they too are forced out of Iraq. Remember these militias are a huge obstacle to the National Reconciliation efforts now underway in this new government of Iraq. They must also be cleaned out.
My comments: In a nut shell the Iranian forces are assisting Iraq in fighting ISIS and DAASH because they feel these terrorist forces have intervened influence in areas they want dominated only by Iranian Sheite influence, thus they feel the need to prevent this Islamic State control in these area.
General Qassem Soleimani, now commanding 15,000 + Iranian forces fighting in Iraq, makes no dispute over the desire for Iranian influence in Iraq. He clearly believes Iraq needs Iran to survive and its growing presence is necessary. He uses the Iranian fight against ISIS to underscore his point. He desires Iraq as a puppet Iranian state.
There is going to be a major effort to also kick Iranian militia forces out of Iraq. I do not believe we can expect to see any movement in the value of the Iraqi dinar as long as the security threat still exists by either ISIS, DAASH or Iranian militias. So pay attention to these efforts closely.
I still maintain my viewpoint that Maliki must be gone or Iranian influence will continue in Iraq. His presence is a major obstacle to this continuing influence. So if you need to make any connection between his demise and the revaluation of the dinar I will certainly not stop you.
National reveals a major international conference on Iraq in the coming weeks
Detection national coalition, on Wednesday, expressed its intention to hold an international conference on Iraq, as shown that the conference will be held in the coming weeks.
A member of the Coalition MP Hassan told Chuird / information /, "The national working to convene an international conference on Iraq, with the participation of a large number of countries, in order to promote a new strategy for the region and the development of international cooperation among the participating countries the conference."
Chuird and pointed out that "countries that will participate in the conference are, Iran, Turkey, the United States of America, and the Gulf States, and some Arab countries," pointing out that "this subject met with acceptance in principle of most of the countries."
He added that "the most important topics that will be raised during the conference, is the security themes that belong to the world and the region, in addition to the economic hubs out of the crises experienced by the states," likely "Another conference held this in the coming weeks."
My comments: There are ongoing daily and weekly internal government meetings on this security situation of Iraq. This conference is very good news to hear about as they are now holding an international conference on this topic of security and doing it now in Iraq. I can only guess the agenda as it seems to be a meeting on bringing together to talk about security and I am sure they will be telling Iran to leave Iraq and the ramifications of supporting Iranian militias in Iraq in the future.
No – this has nothing to do with the currency revaluation effort. Just because they it is an international conference does not mean it automatically is about the currency going international…..lol….
All Financial news is not always about the IQD revaluation!
BAGHDAD – “Al-Sabah
stressed Dr. Haider Abadi, the prime minister, during a meeting with the Governor of the Central Bank of the relationship, the need to put in place mechanisms to control the dinar Alaraca.oavad exchange rate statement issued by the Information Office of the Prime Minister, "morning" received a copy of it, that "Abadi received The official office Governor of the Central Bank, to discuss the strategy work of the Central Bank for the next period and the control of the Iraqi dinar exchange rate against foreign currencies. "
The Prime Minister stressed the importance of maintaining the independence of the central bank and that works to promote the financial and economic reality of the country and draws financial and economic policies that enable us to move forward towards what we aspire Alih.wachar d. Abadi to the importance of the banking system to Iraq sophisticated comparable to developed countries, stressing the need to put the control of the Iraqi dinar exchange rate mechanisms.”
My comments: Here is an article that is a typical example of dinarians misreading and misinterpreting the news. They are doing this because they are all so hyped up and are told the revaluation is going to happen any day now any moment. Really?
This article has been in the news many times in many different formats in the past. It is addressing the problem of controlling the “program” rate of the dinar against foreign currencies (1166). This is very important since the IMF mandates a stable IQD and the CBI needs to demonstrate they can hold the value and stabilize it over long periods of time. Financially it is necessary for Iraq to survive too and is part of the maintaining the post war “program” rate and nothing else. The articles mention nothing about revaluation or deletion of the zeros project just in case you can’t read….lol…..!
No – this is not the announcement we’ve been waiting for. This has nothing and I repeat “nothing” to do with the revaluation or movement of their currency out of the program rate. Sorry to disappoint you.
Peace and Luv To Ya All,