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Sunday, May 31, 2015

Mtn Goat: "Full Speed Ahead"  Part 2 of 2

Latest mnt goat news letter 5/31  Emailed To Dinar Recaps (Thank You George)

UU5517 – “ Full Speed Ahead “  by Mnt Goat   Part 2 of 2

The finance ministry has also told us that for the first time they are rolling out regularly scheduled payments an so there will be reliable, accurate, on time payments on time each month in the future. 

Folks – I can not tell you just how important this is to the people of Iraq ! This is such good news ! Talk about making the citizens happy!

All of these items speak miles for us and our IQD investment. We have come, so it seems, like miles and miles down this RV road. But I believe we can see the end of the long tunnel now and we are crossing the bridge to see the final completion of the project to delete the zeros. The very last step to collect our dinar and pay us handsomely to get them.

Article Follows:

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BAGHDAD DETERMINE NEXT WEEK WHICH WILL SEND THE SHARE OF THE BUDGET FOR KURDISTAN     
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http://ift.tt/1M1SP0W

So this is the 2nd province that is supposed to get paid next week...

Twilight News / Ministry of Finance announced in the federal government, on Thursday, it will determine the amount you will send it to the Kurdistan Region next week, asserting that the provincial government had exported the largest amount of oil in favor of the federal government.

The agent said the Finance Minister Fadel prophet in a statement to the Kurdistan Democratic Party, and seen by Twilight News, that the differences between Arbil and Baghdad on the way to a solution, pointing out that the provincial government has this month to export more oil than those exported last month in favor of the Iraqi government amount.

He added that the Prophet amount that will be sent to the region this month will be a good amount.

And on compensation for the province in exchange for the amount of oil exported by last month he pointed to a prophet he did not know the amount of compensation that will be sent to the region.

The provincial government has been criticized for Baghdad because of the amount sent to Arbil for the month of April, in spite of its commitment to the export of oil from the agreed amount for the Ministry of Oi

Article Ends

[Security]

Security too is still a concern but with the passing (if it passed on Friday) of the National Guard law the provinces can then legally defend themselves without having to coordinate with the central government.

A huge positive movement in the right direction for solving the security issue.

A control against future centralized corruption. We also know the 82nd Airborne detachment begins arriving in Iraq tomorrow as well as ground forces from other countries such as Turkey and Jordan as they join forces and begin the final push to rid Iraq of ISIS.

You will see how this will heat up. What we watch for also now is the effort towards ridding Iraq of Iranian militia. We can expect to hear updates on this effort too in the very near future.

I have included one article on Ramadi and what is happening there. By the time you read this news letter this effort will be done and Ramadi will be taken. Then on to Mosul, the main and BIG effort.

I also present a second article telling us the three presidents are still on the same page and the effort is a coordinated effort between all to get the needed laws, the security issues resolved to move forward.

 Look at this article as a STATUS meeting between these presidents. They want to tell the people they are united and not fighting each other as was done in the Maliki administration as each of the three presidents are from the three different secs.

Folks there is a reason for each and every article no matter how small or short.

Article Follows:

MINISTRY OF DEFENSE ANNOUNCES THE CLOSURE OF ISIS ESCAPE OUTLETS IN RAMADI     
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(IraqiNews.com) Baghdad – The Ministry of Defense announced on Saturday that the security forces and al-Hashed al-Sha’bi militia have sealed off ISIS escape outlets in the city of Ramadi.

The ministry said in a brief statement followed by IraqiNews.com, “our forces continue advancing in the axes of Anbar operations.”

The ministry added that, “those forces have closed ISIS escape outlets in the city of Ramadi.”

A senior source within the leadership of al-Hashed al-Sha’bi militia revealed the start of a major operation to liberate Ramadi from Husaybah al-Sharqiya area.

http://ift.tt/1KGu8JH

Article 1 Ends

Article 2 Begins:

THREE PRESIDENCIES WILL MEET THIS EVENING TO DISCUSS THE RECONCILIATION FILE AND CONDUCT OF MILITARY OPERATIONS     
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An informed source, the determination of the three presidencies [Republic, ministers, MPs and] held a meeting this evening in the presidency.

The source told all of Iraq [where] that "the meeting will discuss national reconciliation and security developments in the breakers military operations file and how to pass laws put forward in the House of Representatives projects and assess its performance in the last period after the end of the year of its legislature."

He pointed out that "the meeting will be headed by Fuad Masum President of the Republic and in the presence of Prime Minister Haider al-Abadi and the House of Representatives Saleem al-Jubouri and three vice-presidencies ".

Article 2 Ends

[Update on the Project to Delete the Zeros]

Out pops an article 1 and 2 in the past few days by Iraqi economists. One economists Fahd Antar Dokhi member of the Iraqi Economists Association seems to be in favor of completing the project to delete the zeros giving strong evidence of its benefits. I like this article.

To me it is another of those WOW articles. This article was written for the average citizen in Iraq. It is telling them it is time to complete the project to delete the zeros and the benefits.

It is an informative article preparing them for what is about to happen, like they are about to do it and are preparing the people for it.

Article 2 is by another Iraqi economists, Jamil Antoine, who in his opinion is not in favor of the project. So who is right?

My point of bringing these two articles to you today is to tell you these are JUST OPINIONS. So we can see they are still having this ongoing debate whether to pull the plug on the revaluation or not. Who will win?

It is my opinion that when the CBI and the GOI is ready they will take all of these “other expert”  opinions into consideration. So seeing these articles now is excellent since they are debating it now.

Article 3 is very, very interesting. It has been written since, if you can remember, the USD has been outlawed for use in Iraq. They are doing this  to force citizens to use the dinar. However the dinar never revalued at the time, as expected, as they allowed the continued use of the dollar, unofficially.

But now we see this article. Why? BECAUSE THEY ARE ABOUT TO CLAMP DOWN ON THE DOLLAR once again. Why? They are about to try to revalue their currency once again.

But they will need the dollar too (post RV) for travelers going abroad just like any bank’s exchange service. So they are telling the citizens who want to travel abroad the even though the law prohibits the use the dollar there is the exception for foreign travelers and so go to the banks at airports to obtain them.

Just another security measure on the use of the dollar they are instituting. They do not want the dollar at the corner banks easily obtained. One more try at the revaluation is coming up soon.

There is still that ongoing debate whether they should introduce the 50,000 and 100,000 notes in circulation. Once again all these articles on this topic we are now seeing in recent days are just opinions and nothing more.

The decision has already been made and I presented those article to you in previous news letters. Personally I think that these many recent articles on this topic are to confuse us because they know we have realized that this effort to roll out these larger notes is DIRECTLY TIED to the project to delete the zeros. Heck all they have to do is read my news letters and its obvious we know.

 My news get sent to hundreds of thousands of investors. I did not include any of these articles for you today but you have seen many of them. So don’t worry about them they have their purpose but not meaningful in the long run.

Article 1 Follows:

THE DELETION OF ZEROS FROM THE IRAQI CURRENCY RESTORES ITS MONETARY VALUE      
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An Economist Fahd Antar Dokhi

Was Alojdrb (Bremer) head of the Iraqi destruction authority when it canceled the Iraqi currency of the former regime the end of 2003 to find a coin which reduces the presence of zeros,

the fact that the Iraqi economy, the traditional inflation stages exceeded even arrived to the brink of collapse, and this procedure is one of the means at hand to address the weakness of the value of the Iraqi dinar, according to the monetary and banking law,

has to be a return to basic sources which constitutes a strong factor in restoring confidence to our national currency, it is deleted three zeros from Almtadolh currency now put metal and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils) .. which will bring the following benefits:

1. Ease of circulation and clarity and knowledge of monetary value easily even to foreigners and Hmaaaml Assistant to buy and handle them and trust the other hand, the lifting of monetary value against other currencies ..

2. Altfelicat paper perishable and damage, in contrast, the coin is not affected trade and the use and therefore can be manufactured again.

3. reduces the cost of printing Tabaha.az that JD (25) which will replace the 25 thousand dinars Alnaamhalmtdoualh currency is currently easier and quality will be high ..

4. strengthen the fabric and improved through the addition of the elements of the global currency that is not affected by natural factors such as water, and bear scrubs and tear resistance and decay.

5. reduce the cost of storage in banks, because we need to Qasat less and less effort and also the lower the number of employees by the more control and insurance prohibitively high.

6. easily transported over long distances and easily provide a high proportion of them safely.

7.. Strong cash currency contribute to strengthening the elements of the national economy.

8. provides speed and accuracy in trading in settling accounts. 9. gives the workers, giving them greater self-confidence.

10. is the risk of error in the calculation of its simplicity and clarity.

11. This will rebuild global confidence by banks and increases traded.

12. also provides cash to expand its value against the US dollar, the euro and the EU.

13. The printed specifications make them immune to fraud. There are a lot of countries that embarked on this procedure, including the Turkey even scrapped term million to replace the thousand, and can develop a mechanism to withdraw the old currency by subtracting the new currency with them and set a time ceiling to suspend trading Balkadimh record for a period of Omayorasth months, in light of that holds the government banks did not place them again in the Dealing even decay within the period specified ..

Article 1 Ends

Article 2 Begins:

ECONOMIST: THE ISSUANCE OF A NEW CLASS OF THE COIN IS NOT TO IMPROVE THE SITUATION DIRECTLY     
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Roudao - Arbil  saw economist, Jamil Antoine, that the new currency issue or deletion of zeros from the Iraqi currency, the restructuring process and not to improve the situation directly.

The Central Bank of Iraq, decided after the federal government is required to wait in the implementation of the project to delete the zeros and get rid of the cluster Cash flabby Iraqi currency through printed Banknotes category 50 000 dinars, 

also advised specialists in economic affairs government to implement the project to delete the zeros, instead of issuing a large categories of currency because it will lead to increased inflation. 

said Antoine The idea of issuing a new currency of a particular class, It is for the purpose of minimizing market trading, and the use of large pieces and small pieces instead, 

noting that the issuance of the currency of a large categories relieves banks and its trustees problems in counting the money. He added that the proposed hundred thousand Iraqi dinars,

 the currency can not replace the dollar percent, because it does not currency could replace the other currency, and instead there was a twin, it can not be resolved,

 rather than the other one, but can be solved a lot of problems with the market.

Article 2 Ends

Article 3 Begins:

RASHEED BANK DECIDES DOLLAR COIN FOR TRAVELERS TO FACILITATE THE SALE OF CASH TRANSACTIONS      
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http://ift.tt/1M1SPOs

{Baghdad: Euphrates News} decided to sell dollar coin good for travelers to facilitate cash transactions Bank.

The Director-General of the Bank Mohamed Abdel Wahab Abdul in a statement the agency {Euphrates News} received a copy of it on the "good bank instructed regarding the sale of the US dollar for travelers," noting that "this move came in order to cover the expenses that may be required by the traveler in his dealings during traveling ".

He said he "was assigned to the airport branch as a preliminary task and the bank will begin work while the central bank to resume selling the dollar to banks" 

Article 2 Ends

Peace and Luv To Ya All,   Mnt Goat


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