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Saturday, April 25, 2015

Mtn Goat Update: "The Clock Is Ticking" Part 2

Latest news letter from Mnt Goat 4/25.    Thanks GeorgeH for sending to Dinar Recaps

UU4406 – “The Clock is Ticking”   by Mnt Goat  Part 2


My Comments – this is just not about the laws stated in this article but is about ALL the laws in the agreed to laws from the reconciliation process. You must have peace within the citizens of your own country. 

This is key to fighting a common enemy. This is why the USA is so powerful – because they can allocate funds and soldiers are willing to train hard and fight hard. 

This too is why Iraq can not muster a trained army to fight ISIS. They simply do not believe in the cause since they have been lied to so many times and see the corruption everywhere.

Here is a list of the laws I presented months ago to you. They have not changed and the priority has not changed. I will try to list them by priority:
~~~
-Amnesty law ( heard they may adopt an older version of the law, no progress on the new version yet)

- National Guard law (still await the second reading, constitutional issues in the wording in letting the average citizen have weapons)

- Accountability and Justice law - (supposed to have 2nd reading this week, final vote may happen after the reading). Need this prior to dealing with Maliki.

- Investment law - (supposed to have 2nd reading this week, final vote may after the reading)

- Law of the Parties - (supposed to have 2nd reading this week, final vote may after the reading)

- Oil and Gas law (HCL) – already implemented but need ongoing changes (I am not hearing this will impact RV in any way going forward)

I want to also state and stand my ground. Maliki must be dealt with prior to any peace in Iraq and any RV !

[Unpaid Salaries Again – will they riot?]

We are also hearing of planned riots from citizens wanting salaries paid. These salaries are long overdue.

He Zamili told news media that "we discussed with Deputy Prime Minister Bahaa al-Araji, a problem delaying the federal budget and the negative impact on the stop infrastructure projects in the province fully,

not to mention the presence of more than 4,000 families from the development of regions employees live a hard life for non-payment Finance paid for more than a year with the conversion of contracts on the permanent staffing. "

He added, "We demanded the abolition of the decision not to land containing 300 distribution centers in the provinces as well as to clarify the paragraph included in the distribution of the poor,"

pointing to put the problem of converting Wasit fabric of staff to other departments, fearing the return of the previous crisis of its employees. "

Zamili and referred to "discuss the establishment of a refinery and Wasit investment opportunities within the province of the fact that oil exporter, and therefore need to Wasit to that opportunity in the difficult conditions faced by the country."

He continued that "al-Araji stressed follow Wasit province requests for a meeting with the Minister of Finance to accelerate the launch of the financial notice and put the development of regions salaries problem in the Cabinet meeting,"

adding that "an ad hoc committee is about to submit its final report regarding the resolution 300 and soon will issue a decision to do so with full support for the movement of investment and Wasit ".

My Comments – they will negotiate not to riot and give the gov’t more time. These riots are not about the economic reforms or the RV. They are simply about the long overdue unpaid pensions and salaries due to the citizens.

They include  many people but not the masses as some make it our to believe. Pensions are paid to mostly elderly people and they are not likely to take to the streets. They will have very little impact on putting pressure on the CBI to RV. I can guarantee you of that.

[The GCC- Why So Important?]

The Gulf Cooperation Council is made up of six member states: Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, Oman and Qatar. Between them, they control almost half the world's known oil reserves, and by the end of 2007 had accumulated $1.8 trillion in foreign assets--the equivalent of 13% of the American economy.

My Comments- One GCC currency is coming for the GCC member countries. It will be later after the Iraqi RV but it is coming and it will be a powerful dinar. It only enforces commitments to the collect all the remaining 3 zero notes from us within the completion of the project to delete the zeros. This must tke place first pror to any GCC common currency.

This GCC currency will be like the Euro in theory. As I stated previously it is yet another piece to the global governance project. One more piece to this long term puzzle being played out.

First grouping currencies in regions, then eventually, when stable and peaceful, one global currency comes on board. You and I probably will not be alive to see a global currency.

Many living in today’s world say it will never happen? Then again many today also say there will never be peace in the middle east. I beg to differ with your thoughts. Peace begins with hope and prayer.

It includes much effort and so statements of complacency, hopelessness and discouragement never changes anything in this world.

[Fighting ISIS/DAASH]

Now that the Kurdistan Peshmerga army has committed to fighting in the battle for Mosul, Kurdistan Iraq now awaits for the military equipment from the USA. In the past the USA has given military supplies and aid to Iraq with anticipation that Kurdistan would receive it. Instead most of the equipment and ammo simply as gone by the time the planes landed in Erbil. Why?

As you may know there is a law that all planes must land in Baghdad for inspection when first arriving in Iraq. Baghdad  is like Boston or NYC in that it is the port of entry airport to Iraq. Customs must be adhered to.

However this is what has been happening - ISIS (through connections) was using these customs inspections as a means to re-supply their own militia with this equipment. Basically they were stealing the military aid as provided by the USA and other coalition countries. Are you discussed yet?

So since last November Kurdistan has been requesting that arms and military equipment be sent directly to the northern region  of Kurdistan. This way the army, who is actually fighting ISIS will receive it.

They refused to join in the battle for Mosul unless this condition was first agreed upon. It has now been agreed to.

To my knowledge the first shipment has arrived to Baghdad and safely. The Persmerga has agreed to fight in the battle for Mosul. Now they wait upon the promised loaned  Apachi helicopters and pilots from the USA to complete the forces for this battle to begin.

If all goes well the plan is for this to be the deciding battle against ISIS. Many say it would be in the best  interest of the GOI to RV the currency prior to the battle to ensure Sunni citizen defectors do not join the ISIS forces. This I tell you is nothing but opinion and an RV at this critical junction may do more harm than good. I do not believe this will happen.

Why do I mention this battle so much?

I believe this battle will be short lived since Saudi is putting pressure on the Syrian ISIS forces and the ISIS forces may just pull out of Iraq in the middle of the battle all together to support ISIS in Syria.

 We wait and watch how this all plays out. Is this a trap for ISIS? Yes – I believe this is a strategic move on the part of Iraq to trap these ISIS forces since they will be met entering Syria. When ISIS pulls out this will be a turning point for Iraq in the fight against ISIS.

[Other Global Currency Concerns]

The International Monetary Fund (IMF) is arguably the most powerful financial body in the world.

And they’re set to announce a huge change to global currency regulations at their upcoming meeting, this October 2015.

These new regulations could change how countries exchange goods like oil and gold.

They could change how investment banks book and settle their trades.

And most importantly, these new rules are very likely to affect the value of U.S. assets like stocks, bonds and real estate.

Few Americans are aware of this coming change, but it’s critical people understand what’s happening before it affects their savings.

In the months to come, this story will likely become front page news.

According to Christine Lagarde, the Managing Director of the International Monetary Fund, these new regulations are “not a question of if, it’s a question of when.”

In fact, banks and even entire countries are already preparing for the massive global currency shift.

At least 40 central banks have re-allocated their investment holdings. This suggests some investors see these new regulations as a done deal and are preparing for the “green light” from the IMF to begin trading.

Some of the biggest commercial banks in the world – HSBC, Deutsche Bank, Citigroup and Bank of America – are updating their trading procedures.

In fact, I saw one bank issue a “Roadmap” for investors so they fully understand what to expect in the years to come. In the opening pages of the document, the Assistant Managing Director of an Asian central bank is quoted saying that these regulations, are “likely to transform…the financial landscape in the next 5-10 years.”

And what most Americans don’t realize is how these new currency laws will likely affect you, your family, your savings, and your investments…

According to Dr. Steve Sjuggerud, a currency expert featured on CNBC and Bloomberg:

“We haven’t seen a huge change like this in over 35 years. This will set off a chain reaction throughout the financial markets. Literally hundreds of billions of dollars will begin shuffling around the globe,

causing some assets to soar and others to come crashing down. The announcement will start a domino effect, that will basically determine who in America gets rich in the years to come… and who struggles.”

Dr. Sjuggerud says these new regulations will likely trigger one of the most profound transfers of wealth in our lifetime.

He adds that if you understand what’s taking place, and can get ahead of this move, you can not only protect your money, but potentially make a small fortune in the next few years.

Dr. Steve Sjuggerud and his research team have put together a full analysis on not only what this announcement means for the economy, but also how it could affect you, your money, and your investments, personally.
[Zimbabwe Currency]

For the Zim revaluation it is also going to be an inflation adjustment. I have been told that we should be most concerned about the AA series issue and 2008-2009 version of the larger trillion denomination notes they are most concerned about collecting.

 Example 1, 10, 50 and 100 trillion notes. They are going to have a limited period of time to turning these notes and it will be announced when the RV happens. Don’t delay ! After this period these notes will be obsolete and worthless. 

There will most likely be a 6 to 9 digit lop for the adjustment when you go to exchange the currency. I am strongly hearing to given an incentive for the turn in program they are only doing a 6 digit lop. So be ready for it and not be surprised.

The currency symbol is ZWR or ZWN since there are multiple issues of the currency to be collected.

When you go to exchange simply tell then you have some Zimbabwe currency to do a simple exchange to US dollars. Let then come back to you with a rate. 

Don’t get caught up and worry about getting the symbol correct. They should know what you have by looking at the paper note. They have been trained. If asked directly tell them it is the ZWR.

So here is an example to calculate what a 100 trillion note may worth to you pre-tax. 

1 each 100 trillion note is represented as $100,000,000,000,000

Lopping off 6 zeros leaves $100,000,000

multiply it by the RV market rate so $100,000,000 x .10 cents (as an example market rate only)

this rate will move the decimal place over 2 digits on exchanging leaving $1,000,000 USD on exchange. Yes- that is 1 million USD for each 100 trillion dollar ZWR note you have. Of course you will have to pay capital gains or some form of tax on it.   

[What will happen with the Cuban Peso?]

Now that Cuba's boycott it officially ended and US citizens can travel freely to Cuba and exports and imports can begin flowing, they are bound to bring back their currency to FOREX sooner than later. Cuban is yet another currency to watch.

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My Comments - I am not financially advising you in any way but in my opinion they are planning something very soon with this currency and it is being held very quite for a reason. SO YOU AND I DO NOT GET INVOLVED. What follows is also just my opinion.

The Cuban currency was under trading symbol CUP and CUC, or “national pesos”. Yes there are two pesos used in Cuba and it gets confusing. Be cautious since there are other South American countries used the peso besides Cuba. 

These include Columbia, Argentina, Uruguay and Chile. So you can see someday too how the peso could become a regional currency for all of South America much like the Euro and GCC dinar.

The big questions are:

1)    will Cuba be using the peso or the US dollar in the future?

2)    if peso then where do you buy the currency PRE-RV and how do you tell it's the correct peso?

The Fidel Castro peso is currently only found in Cuba and some parts of South America due to trading agreements. It is not traded internationally. So you basically have to travel to Cuba to get it. Much of it is counterfeited so it can not be trusted. 

So the big question is this - How will they bring this currency back online into the global market? Another one that must come back and soon.

Will they simply print new currency?  I feel strongly this is very likely what they will do. They probably want to get Fidel’s picture off the currency too to turn the page for a new beginning for Cuba.

How can we get a hold of it?

We will have to wait until the new Cuban peso is in fact printed, if this is found out to be the plan.

Should we wait until the online brokers carry it?

We don’t know yet if they will ever carry it.

Then it might come out like the Iraqi dinar and we will be able to purchase it.

So heads-up! This is something you just have to stay checking and pay attention to the news media stories on Cuba.

Peace and Luv To Ya All,    Mnt Goat


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