Mountain Goat

Mountain Goat – Dinar Guru   …We know that in order to conduct business with the rest of the world they must significantly increase the rate of exchange on the IQD when they do post it back.  Like I keep telling everyone – the VALUE is found in the Iraqi dinar it is just that the RATE does not now reflect the true value as it is being artificially suppressed due to sanctions. Oh – but we know that officially the sanctions have been “fully” lifted already since 2018. So what is the hold up then?  We know for a FACT that the month of January is the BEST (but not only) month to reinstate the dinar. We just witnessed two attempts to do it in January and both times the NSA (national security agency of the US) stopped it for security reasons. I am now hearing this was due to the sanctions imposed on Iran and that the US needs assurances in two areas before this can move ahead – 1)US forces are secure in Iraq;  2)trade with Iran will not be conducted in US dollars …This all I know and we are still in a waiting mode to how all of this gets sorted out.  [post 2 of 2]

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