(Thank you George for emailing this to Dinar Recaps.)
UU6805 – “Moving Ahead – Juicy News” by Mnt Goat
Today I come to you once again to see what sense we can all make out of this RV saga of the Iraqi dinar.
In many of my last news letters I talked about Abadi’s reforms on corruption and why the Iraqi dinar currency reform was being stalled. Today I want to talk about some ongoing programs and where they now stand on them. I will also elaborate why they are important for Iraq and tie this logic into the RV.
We all know that in order to have the post war “provisional” currency changed over to the permanent currency (the lower denominations and project to delete the zeros) we will need stability in the country in all aspects. So today I will talk once on this subject and what is happening in the latest news on this subject.
Just remember Mnt Goat has said this many times that there will be NO RV until there is a high level of stability in Iraq.
Many have said all the laws were done and we are just waiting for timing for the RV. Really? Just not so!
Many are getting information from high level telling of windows when this event COULD occur. I am not doubting some of this information because I too have the same info coming my way. What is different in my intel is that I am smart enough to see through this info because I know it is all a dependent on certain factors. They are just possible “what if” windows of POSSIBLE opportunity for an RV. So I have realized over years that this info is virtually worthless info and I ignore it. Why else would they leak it out to the general public, especially to some of these so called intel “gurus”.
Is there a laundry list or a honey do list? NO- it is just when Iraq GOI, USA and the IMF feel that Iraq is ready. The key really lies in the articles and they tell us so much.
Folks I have given you so much evidence in the past that my way of analyzing this situation is the correct way to go in finding the path to the RV. If you persist in your every day / any day foolishness that is your problem but please do not come to me to save you when you are suckered in by these self proclaimed intel “gurus”.
There is nothing in the grey side or mysterious about why they are stalling the change over of the currency-
Remember I said (really Iraq said it) they had postponed the currency reforms due to three reasons:
1) money laundering and bad banking practices
2) wide spread corruption
3) security reasons
Nothing grey or mysterious about it …is there?
So Iraq must first make the necessary changes. The reforms and the laws needed to back them up and implement them are needed first. This is very logical and should make total common sense to everyone. Why does it not?
Cause some screwy intel “guru” is playing with your mind and feeding into these every day / any day RV windows of opportunity, information that is simply no meant for the general public and we know why. Why?
Cause it is never going to be accurate but only one time. Yes – just one time. Someday it will RV and they will be 100% correct but this is not my point. The point is this – Why should all you fine dinarian investors have to suffer through this constant every weekend drama and anticipation only later to be let down.
It’s not all about the RV. The RV is simply a by-product of the process of bringing the country of Iraq online with the international community and do it such a way as to created stability and progress in their country and in the region.
Many don’t want to even talk about Mnt Goat any longer on their calls or forums since she too has gotten off this roller coaster and became real with her intel. Yes – no more hype and drama, just the facts. They don’t like her any longer since her type of info does not suite they roller coaster ride and drama. I even heard on one call weeks ago that the lower denomination have been distributed. Really?
Again I challenge these intel “gurus” to give me solid proof this is true. Give me solid proof that people are lined up at the bank to exchange. Exchange what? Over 80% of all the dinars have been already collected from the citizens as Iraq is almost completely now on the US dollar. So I would like to know just where are the citizens going to get all these so called dinars to exchange them? Certainly anyone still with larger amounts of dinar to exchange are not going to stand in a line at bank.
This is also why when the time come for the RV the new currency (the lower denoms) must valued higher than the US dollar since the citizens will want to exchange US Dollar for the lower denoms, essentially buying the lower denoms using the US dollar they now possess. Another reason they will want to buy the new lower denoms is that it will have a much greater purchasing power, thus they can buy more when out shopping with it.
Today is Monday September 14th and still no RV. Well well yet another so called RV window has passed and still no RV. Wondering why? I JUST TOLD YOU WHY! (see above) . Please read it again.
So before I get to the real good news of this period I first need to (once again) clean up the mess left behind from these so called intel “gurus” over the weekend.
No – the recent blocking of the internet in Iraq has nothing and I mean nothing to do with the preparation for the RV. If you are one in thinking this you are a typical dinarian that I am trying to connect with and make some sense to you and help you. Everything is not about the RV. How about looking for the truth for a change before you go off on all your hype about the RV.
By blocking the internet Abadi has also blocked a strategic means of ISIS and DAASH communications. They are using the internet as their means to coordinate fire power and logistics. They use it too communicate the movement of their fighters. They can not afford the modern self- contained communication systems that a modern fighting force, such as the USA, can afford to put in the hands of their unit commanders. So they are smart and use their cell phones to text , talk or send emails. By blocking this you cut off their means of communications and make it difficult for them to get resupplied, direct fire power and redeploy.
So what this blocking of the internet is really telling us is instead it confirms to us that the coalition forces are about to make a strategic move on ISIS positions in Anbar and Mosul. They about to begin a surge. Do you know that the USA, Turkey, Germany and GB now have over 50,000 combat and yes I mean combat ready boots on the ground around this region. If you would bother to read the articles (which many of you are too lazy to do), you would know this fact and logic would tell you that blocking the internet could help this surge as I explained above. It is about to begin. Today was the day the said they might begin operations there. In the USA you probably will not hear much about it but maybe a small snip it of news after the fact. The government of the USA is not going to boast about any “combat” troops on the ground in Iraq. You should all know by now why I am saying this.
Another rumor to I must also discount today is about the reports that conquerable by military forces by American or Iraqi, that stormed the CBI and confiscated documents going back to 2003.
The news media even all this to be inaccurate and they were cautioned by the government to lend credibility in the news.
So please put these rumors to rest now too. Here is the article on the matter.
CENTRAL BANK DENIES CONQUERABLE BY US TROOPS OR IRAQI
Baghdad-Iraq-Presse -12 September / September denied the Iraqi
Central Bank, on Saturday, it reports that conquerable by military forces was said to be
American or Iraqi, while calling on the media to be accurate and caution and
credibility in the news.
The bank said in a statement. , said that "some news sites and social networking sites deliberated rumors targeting the central bank, including the issue of conquerable by military forces," and denied the statement "the occurrence of any storming of the bank", describing the news that talked about the storming of "rumors
tendentious altogether." She spoke Arabic news reports and local, at dawn on Saturday, for US special forces to storm the headquarters of the Central Bank of Iraq in Rasheed Street in central Baghdad.
The reports said, that the "special of the US military force stormed the central bank's headquarters and expressed reservations on a very large number of documents and documents.Ended
The really hot news of today is of course the surge about to begin on the provinces of Anbar and Mosul. I already talked about this effort and this probably already occurring now or about to occur as I write this new letter today.
Update: NATIONAL (Unified) CARDS
The next piece of juicy news is about the National Unified cards. We all know, as it has been confirmed, the Iraqi citizens currently have a Q- card (or SMART card) and use it daily to shop and purchase goods and services. The government, through the banking system, periodically loads these cards with money for the various programs. It is NOT yet fully international until the currency is turned on in the international exchanges.
In April of this year the told us they wanted to begin payout to the citizens of the oil revenues. They told us this would be done periodically starting in the June/July timeframe. They also told us it would be paid out on the new “National” card and not their current Q –Card of SMART card.
We know they plan to combine the two cards into one card usage since the National card would also act as a national identity card along with other goodies they can store with it. We know this was the source of many of the lines at the banks in the past, as they set a cutoff date to receive these new cards in the process of rolling them out.
Well I have to tell you there were still hundreds of thousands of citizens who did not receive there cards and so they extended the deadline. So know once again the news is hot about these new National cards. Why else?
They are preparing to pay out on HCL oil revenues. Yes – once again this is their intention.
They MUST distribute part of this oil revenue to the people as in the HCL law. The HCL is not complete without these ongoing rolling payments to the citizens.
This must be done prior to any RV. Get it !
I have said this many, many times to you already. This is why these cards are so important. So why would we not want to include this is our intel gathering and tell you about them? The answer is I do want to tell you about them and I am glad we are seeing a resurgence of this news again. This means they are getting serious about it once again.
Here is the significance to the RV-
When they begin using these new National cards they want the ability to make these payments to be an international usage. Why?
Link to PART 2
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