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Friday, December 2, 2016

MNT GOAT UPDATE, 2 DEC

Hi Everyone,

WOW - what news is upon us this week! December is here already.

So the time of Advent begins and with it the Christkindlesmarkts open throughout Germany and in Austria. This year we are continuing with our family tradition of hopping on the bahn  to visit the Bavarian city of Nuremberg for our experience of this tradition. Mein hubby also wants to visit Vienna markets too this year so we may be making a second journey out this year.  

As you may know the Nuremberg markets are one of the largest and best-known Christkindlesmarkts in the  world. There is much past history in these markets too.The market survived many centuries since 1600’s but by the end of the 19th century was nowhere near as popular as it once had been. It was not until the 1930s and the promotion of Nuremberg as a major historic jewel by the Nazi regime that it once more increased in significance.


I  n the 1930s Nuremberg was promoted as the rally centre for the National Socialist Party and many of the images of thousands of supporters in the light of torches come from rallies held here. Nowadays the structures of the incomplete and grandiose architecture remain but the Documentation Centre can also be visited, which has a permanent exhibition 'Fascination and Terror' on the causes and consequences of this part of German history.

The markets were not held during the Second World War but were restarted in 1948. Nowadays the market welcomes more than 2 million visitors a year from around the world, with thousands of spectators for the official opening by the Christkind.

My daughters now are ten years older than when we started this tradition of visiting the markets and also with this dinar investment journey. Can you believe this? They are now talking of college already and that day will come soon when they leave for the city to attend. Where does the time go? Will this be our last journey to the markets with them?

About the news for today-

First I have to clarify some more rumors. NO! The dinar in Iraq has not RV’d and the lower denominations are not out to the citizens. Personally, and quite frankly, whoever is telling you these lies, I would wakeup and smell the coffee - stay away from them! 
 
Many of the so called “intel gurus” are still telling us they attempted to RV many times in the last two weeks. Really? Who are you talking to? Who is giving you this information? So after reading today’s news letter you will see just how ridiculous and idiotic their news can be. As there were NO attempts made to RV and the CBI is not yet even ready.
 
I also heard a comment made on one of these RV conference calls. Someone said that “thank God for the little news they give us”. Really! Iraq does not give us any news. The news we get is second hand and is all meant for the Iraqi citizens NOT us investors. So they are not giving us anything, rather we research and we investigate, thus we are taking it!
 
So what is the latest “real” news today?  
 
We can see so much progress in the direction of going international. Just recently the CBI itself made an announcement that the CBI bank will start applying the certified standards internationally aimed at cutting off funding for the organization (Daesh) and other terrorist organizations and to prevent money laundering. The governor also told us that this effort does effect the project to delete the zeros and that it could not be moved forward without this effort first. He also said the project will not be completed in December. What does this all mean? I present this very important article for you today. I will give my opinion in today’s news letter and explain it.
 
What’s the latest news on the 2017 budget?
Shawki told {Euphrates News} Monday, that "this chapter is at its end, will prevent legislature from going on its holiday until after the adoption of the budget." We heard they were still supposed to conduct a final vote on the budget on Thursday, yesterday. So what happened? Did it pass?  
 
The House Finance Committee has ruled, Thursday, to try to pass the financial budget for the year 2017 Law on Saturday, attributed the reason to the existence of fundamental differences.

The Vice-Chairman of the Committee Faleh applicable in a statement received / balances News / copy of it, that "it is difficult to pass a budget next Saturday." He said in effect, "because there are some fundamental differences in the texts added to the original 2017 budget," (so the budget will probably not go for a final vote on Saturday either and will be delayed yet further. No new date has been given but I guess they will come out with some more news after Saturday’s meetings. See the article below for more information as to why it was delayed….again….!!! )
 
What’s the latest on the fight against Daesh/ISIS?


Twilight News Iraqi Intelligence Directorate military / said on Monday it had captured the "largest" warehouse of Daesh containing documents very "important and dangerous", referred to as a “data bank” chock full of information.  There was a suspicion that a group of states in play rough and supports the organization financially, and allow him not only to possess combat skills and equipment, but to possess equipment for the production of the video propaganda videos, which helped attract many Western young people to advocate Daesh. 
 
Iraqi special forces battling to clear Islamic State from eastern Mosul have killed nearly 1,000 militants but fighting has slowed as troops face a mobile enemy hidden among thousands of civilians in the city, a top commander said. Six weeks into a major offensive, Iraqi forces have captured nearly half of eastern Mosul, moving from district to district against jihadist snipers, suicide attackers and car bombs.

I firmly believe they are targeting the end of 2016 to complete the major ISIS clearing out of Iraq. The USA and the coalition forces are now beginning a huge final push as “special” forces are now moving in to clear buildings. These forces are especially training for Urban warfare. They hope this effort will move this war to conclusion in the remaining territory still held by ISIS/Daesh.

Articles Begin

Keywords: central bank will begin to apply international standards beginning this December

The governor of the Central Bank and the Agency on the Keywords, said on Wednesday that the agreement signed by the United States aims to cut off funding for the organization (Daesh) and other terrorist organizations and prevent money laundering ', and pointed out that the bank will start applying the certified standards internationally in this regard (this is the main point of the article, not the project to delete the zeros.. Then it says this is yet another banking reform needed in the project to delete the zeros “the process of removing zeros from the local process requires the availability of appropriate conditions”. Could they get any clearer than this?...lol…lol) the beginning of December next, with the exception that the process of removing zeros from the local process requires the availability of appropriate conditions, including the general stability in the country(I quote from the article “including the general stability of the country”…get it? So if they now had stability would they still be telling us they needed it? So what is unstable then? The GOI seems stable, the parliament seems stable, oh- could it be that ISIS/Daesh is still in the country? Could this be the last part of the “stability” they are still referring to?)  he pointed out that the bank continues to technical preparations in this regard.

Keywords and said in a press statement, that 'the first agreement of its kind between the Federal Reserve Bank and the US Treasury on the one hand and the Central Bank of Iraq, on the other hand, entered into to control the dollar remittances and ensure the prevention of access to illicit destinations'(hey! I have a solution. Don’t pay them in dollars, instead pay them in Iraq dinars [post RV of course] ) indicating that the' agreement includes cooperation and coordination and the exchange of information and financial data relating to the sale of foreign currency and circulation. "

He Keywords that 'The agreement aims to prevent the arrival of the foreign currency to Daesh and terrorist organizations by ensuring and verifying that the financial and banking institutions that you purchase does not involve money laundering or terrorist financing operations', adding that' control mechanisms include several measures the most important , building databases and integrated electronic system that collects dollar selling window operations rather than paper processes'.

He said the central bank governor and the agency, that 'mechanisms also include the introduction of a program (OFAC List) to verify that the persons and entities prohibited to deal with them globally and to ensure that their entry into dollar selling window, where already been implemented', pointing out that 'mechanisms also include work on the application standards and international compliance requirements, particularly in the application of the principle of know your customer to verify the sources of funds and legitimacy(I would think they do need this too prior to going international with the currency) where he was informed banks and the conversion of these requirements, where censorship is taking place and oversee the implementation and training and qualification of cadres working '.

He Keywords that 'the bank provided financial Labour Organization (FATF) action taken to combat money laundering and terrorist financing', stressing that 'the actions taken by the Central Bank of Iraq, which led to eject Iraq from Category gray of the organization'.

Keywords and pointed out that 'the bank enter the accredited international standards by an international auditing firm for the classification of financial and banking institutions, 

Hehe banks, which did not organize the National PBX to provide them with counseling and support for participation in this project (this article is nothing more than fallout from the announcement made Wednesday that the CBI is implementing the Divider system. Many have asked me what the “divider” system is. I will clarify it for you so you can see just how significant this is towards the readiness to go international with their currency. The Divider system is nothing more than a system that integrates all banks in Iraq and also it ties into the international banks. This system is needed for Point of sale (POS) systems at the market place [also to send electronic cash to debtors] so citizens can swipe their electronic cards (debit or credit cards) while making purchases. How else can they electronically credit or debit their accounts? What accounts? The accounts the citizens must establish when they sign up for the SMART card. The GOI wants to pay all citizens salaries, pensions, etc using the SMART cards and not to distribute hard currency any longer. It does not make any sense to pay via electronic transfer to the card holder’s account and then have them go to the ATM machine and only withdraw all their money….again wads of cash in the hands of citizens is ripe for crime. Also they do not want to put the cash back into circulation as they have already collected so much of the 3 zero notes..got why this is important? Electronic money also allows ease of currency value to fluctuate)
 
Macgork: al-Baghdadi were killed and Daesh matter of time does not make up its dead in Iraq
 
[Oan- up]
Announced that the US State Department said Monday that the international coalition backers have managed to recover 56 percent of Iraq ‘s territory and 27 percent of Syrian territory from Daesh.

 
This information came in the final statement of the talks , the 68 members of the international coalition to combat the ambassadors of the countries [Daesh] led by the United States, which was held in Washington.

He said the international alliance of US special presidential envoy Brett Macgork told reporters after the talks that the number of militants [Daesh] decreases, the lowest now since more than two and a half years.

He Macgork that [Daesh currently can not compensate or fill the shortage of commanders and armed men who aremissing during military operations.

He stressed that most of the leaders and deputy leader of the [Daesh] Abu Bakr al – Baghdadi had been killed ,adding : “it ‘s a matter of time until he meets al – Baghdadi , the same fate . ”

He explained that the military and intelligence operations carried out by the international coalition has been an important factor in reducing the income for Daesh.
 
Iraqi commanders in eastern Mosul say IS resistance there has been fiercer than anything they have seen previously in the fight against the militants, who have targeted Iraqi troops with hundreds of car bombs.
 
Articles End
 
Their words not mine…..No Rumors, No Hype, Just the FACTS!
 
Auf Wiedersehen
Much love to ya all,
Mnt Goat

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