Aggiedad77: Ok….I love it when Frank gets going and can’t remember how to stop…..here are the notes from last night’s CC….enjoy them Aloha Randy
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
Frank26: Greetings Family, I want to start things by telling you that what I’m going to tell you all started on Friday night with us and our teams, IOO (in our opinion) ….the LD’s that were moved from the US to Baghdad were….IOO….were distributed to all the banks on Friday that Dr. Shabibi wanted them delivered to.
I believe that today you have seen evidence of what we’ve been talking about regarding Maliki and his goons.
Basically Maliki and his goons are headed to the highest courts on counts of genocide. We know this all started 2 months ago with arrest warrants being issued for Maliki and his goons.
However, no one stepped forward to try and arrest him and his goons, no security forces, no bounty hunters, no citizen was bold enough to try and take him.
It is said today that Maliki will be tried in the International Criminal Court. May I suggest this is what they were waiting for….but Frank they are not international yet are they……
This is yet another step that was awaited….their laws are taking them in that direction of international flavor…..what they want, international recognition. Maliki is going to the international courts, the same courts that his idol had to deal with. Justice is good and necessary.
When we last talked we spoke of a meeting on the 10th, this meeting though seems to have been forgotten by many on the internet….as though it were a hot potato. Basically the internet does not follow the same thing our teams study….I believe it is because the internet does not know what to look for in their studies, as we do….
The internet does not know what to look for in their studies…..they take articles and look at them and decide to either get depressed from them or not…..but they do not study as we do. There is a handful of people on the internet who are very good and I praise them.
We here at KTFA did not forget about this meeting on the 10th with PM Abadi, Dr. Shabibi, the IMF, the World Bank, and others from Iraq…..for the rest of this CC tonight I will not keep saying “In My Opinion”…..so allow me stamp this CC as In My Opinion as we move forward.
On that 10th the meeting was so powerful that it established both 2015 and 2016….that meeting established what we have called 3 and 4. From that meeting 3 and 4 are buried into December. We thought about bringing 3 and 4 into November, but what we learned yesterday tells us no, they stay in December.
We have a lot to talk about and don’t know if we can cover it all, but take all of what we share to God in prayer.
Now the meeting itself established the 2015 reform steps and going into 2016…that is why I told you they are so poised for 2016, but my God are they ready in 2015.
At that meeting they discussed the mechanism the method of what they are going to do. Because they are walking out of the monetary reform is in a state called the RI….this has nothing to do with the value of the currency what so ever, it is the process and the steps that lead to Article 8, international status….you saw how….mainly by bringing laws and security to this country.
In that meeting they talked about a free float….they talked about maybe in the month of December they can walk out of the RI into the RV….let us free float our currency…..by the way…the things I’m telling you take them to God in prayer…..but you can actually read about them now.
When they issued the 50k last week, many of you threw up your hands saying, they have introduced 000’s…..you said that Delta told us they would never introduce these 000’s with the LD’s….these are not the LD’s….the LD’s were brought over and positioned at key banks to do their work…..why…you know what the 50k mission is….this 50k is on a suicide mission to collect all the 000’s and it is very obvious it has done its job.
This is the beginning of the lifting of the 000’s….technically it started a long time ago….but those efforts failed…..it is not just to grab the 000’s from the Iraqi citizens….yes Frank we know, you gave us 5 points…..counterfeiting and other things….but it is deeper than that and I wish to tell you more about this is brilliant….it is ingenious.
Float you said Dr. Shabibi…..float you consider IMF to give us permission…..50k’s were brought out this year for a purpose and given to the citizens so they would give us their 000’s.
By the way I made a mistake that I said the 50k’s would be only used electronically…that the 50k would not even be in the hands of the citizens…..my deepest apologies….but Friday night when we found out the LD’s were distributed to the banks that the 50k’s are only for 2015….and the 100k’s are only for 2016….the 50k is given to the Iraqi citizen for their 000’s. The 100k in 2016 though will not be seen by any human being….the 100k is for the RV state. If it comes out as a free float….look at your notes….we talked about 10 cents, then 30 cents, then 1 to 1 and a free float that could take it higher and higher….that is what they discussed.
If we cancel the 25k’s at 1166….then they have to exchange at 1166….no no no…..that is not the goal says the IMF….well we wanted to bring up every scenario….well Alsumaria was the guy who was the guy talking in 2014…he is from the board of directors of the CBI….he was talking about introducing a 50k by the end of 2015….but this is 2014…what are you talking about…..
Well I guess you need to be a student of what we study……this will allow us to cancel the small notes…..or…..because at the meeting with the IMF they were given permission of what monetary position they could take….or….they could free float…..if they free float what should we start out at……well if you free float you don’t need to introduce the 50k’s….but they are introduced for a different reason…..they are not to be left out forever…..so the 50k’s are to strictly lift the 000’s from the streets….but there is no liquidity in the streets……why would you say that……you just said the 50k’s are to lift the 000’s from the streets but we’ve pretty well done that….
The IMF knows that….the IMF knows the number of our currency…..you’ve just ruined this for Iraq…..how….you just said there is no liquidity in Iraq…..and we just introduced the 50k’s….yes it is going to suck in the 000’s, it will stop the counterfeiting in Iraq, the money laundering….but the 50k is for other reasons too, beyond the 5 things I told you last Monday night…..
It is for other reasons too……but before I tell you….the goal of this 50k and the MR is to increase the purchasing power for the people of Iraq…..so let’s talk about a free float that was discussed at this meeting in Jordan where the IMF….the US…told the Iraqis they would help them with their MR process….for one year. It looks like they have decided to go with a float….praise God.
At this meeting…..they also said, the tariffs and the taxes….go ahead and kick them in during the second week of December so you can start making money. They talked about many things….but it is the laws that allow them to do so….You see they walk out of the RI into the RV from December into 2016….
I feel strongly that you will not see them walk from the RI into the RV….this is complicated and deep…..1 +1 does not always equal 2….if they are international by 2016….then we can use American banks to deposit our IQD into and wire them to Iraqi banks.
You know the beauty of this….praise God….at least something has started…..they finally lit the fuse…..just because they lit the fuse….I’ve compared this to a drought….but right now there is a waterfall….like in a storm or a rainforest in Hawaii….a downpour….but just because we have this downpour after the 10th…..do you honestly think the seeds will germinate….and produce fruit….to offer a pear already…..
This kind of free float will only be able to grow a margin of 2% monthly….so it would actually take years before they get to 1 to 1…..do you think that is there intent….of course not….
There is some serious growth to be done in this country….there is some serious debt to be paid back….especially after Paris…..we see something here that we want to teach you…..what we see is the float will be lifted….the 50k was to lift the 000’s off the streets…..and the other 5 factor reasons….which are better…..
I also have another reason why they released the 50k….the rest of the internet is not even looking here…..I have to do this quickly because we have much to discuss….we need to jump over this hurdle because I have to explain this free float RI into RV, seven to ten days logical reason with 2% behind it.
The other reason is to scare the living daylights out of you….to scare you investor of the dinar……to make you talk of a LOP….to scare some into selling their dinar….this is a LOP so I’m out of here……that would be a China syndrome…..yes…..because China back in 1993-95 when they revalued their currency…..they try to keep it low…..they are dirty players….scruples are not a part of their morals…..but wait they are communists….they have no morals.
So what happened….this is brilliant….at the 10th meeting you said you were going to introduce this 50k next year….but we are introducing it this year…..we tell you this will scare the daylights out of those who bought our currency to make a profit from it…..infidels….how dare they.
Look, inside of Iraq we have this pretty well set….the 50k will work good….but they cannot give us what we want….but the investors outside of Iraq…..we are going to sucker these people….lets use a little reverse psycology to make them think this will be a LOP…..oh no…..brilliant indeed….I get maybe 100 phone calls….I’m not kidding…..some are reporting this as a LOP….and they disappear…….this is a scare tactic to grab those 000’s from outside the country….
Why didn’t you say this last week……because I wasn’t trying to share those files with you then…..copy and paste me all you want…..but try and keep up with me….I fight for my teams.
Actually what the citizens have and what we have are small amounts….but the mission is to make those outside of Iraq think they are going to LOP….to scare as many as possible. I mean China put out a big full page ad, remember…..just before they increased their currency in 1995……they made it blatantly clear we are not in the process of increasing our currency…..then three days later….they raised the rate.
There is a change coming to the currency rate from the RI to the RV….this change will be a free float….they told you this…..we don’t believe it will be 85 cents, we don’t believe it will be 1 to 1…..WE SURELY DON’T BELIEVE IT WILL BE A LOP…..it is going to be an increase…..understand that.
They are recognizing the payment system. The free float will MELT the 50k…..we don’t believe they will have to use the 100k for this currency process. I had a phone call today asking me about 50k’s being a part of this process….I did not return the call because I will talk on this tonight.
Which process do you want to use Dr. Shabibi…..managed float, fixed float, free float….which will it be…..well I like the free float and we can release the 50k will scare the living daylights out of everyone and we can do this in December.
Check on the Chinese Yuan….why….because they will be a part of the basket that the USD will be in….Frank talked about the USD being in the basket that the IQD will be in……and we will be pegged back to them our way in this basket…..so we really need to have China do their part…..
China are you in the basket….well not yet….ok, wait….let us finish our part…..China go ahead and announce today you will be a part of the SDR basket…..put your money in the basket…..Indonesia Rupia….get in here…..what currency do I sell.
Will they hurt us……no but a few other people thought they will…..that is not the plan…..they did not work with us….we did not work with Dr. Shabibi all this time for this to fail.
The CBI said we will increase the value IQD gradually to 1 to 1…..did they not say that…..word for word they said this when Abadi was in Germany…..they talked about 10 cents….not going to work there…..at 10 cents it won’t do them any good…they must gradually take it up…
THIS IS NOT A LOP……it is a gradual increase…..any movement is good right now for the constipated dinar.
There are 12 right now that are so happy.
The next section that I’m going to talk about….it is long.
Delta arrives on the call.
Frank26: I am ready to walk into this float and its structure. We will introduce new KEYWORDS tonight. As soon as I introduced the KEYWORD then let us talk back and forth.
Family within the 2 weeks of December we believe the economic reforms in Iraq will be in full speed in progress….we believe the movement from the RI to the RV will start sometime during that time frame….we believe there is a time frame when they jump from the RI to the RV….
IMO….we think they may start at something like 40 cents….at the meeting on the 10th…..they suggested 10 cents, 20 cents….but were told no…..maybe they start at 40 cents….that period from the RI to RV we believe will take maybe 7 to 10 days and you may not even see this suggestion of 40 cents……because it is electronic and you won’t see it…. ….
In that time….is when we believe the IQD will be moved into its natural rate position….and then it will be free floated at a 2% monthly margin to increase it ….that is up to you which to see how fast you can jack it up to its natural rate position….is that $3.22….may we add to you notes that ….the Minister of Planning and Minister of Finance suggested $1.13 to $1.17 with a gradual increase to a 3+ range….
Smoke and mirrors….yes…..be careful about running to the bank…..if you rush to the banks….you may be surprised that the natural rate will come out later for the IQD….let me also tell you that there is no country in the Middle East right now whose currency rate is less than 20 cents….even with Saudi Arabia keeping theirs lower.
So Delta…what do you think about what I just said.
Delta: Frankie you said an amazing and beautiful thing. This is exactly what we believe will happen….before we get started I would like to add…that a while back we said there would be no 50k note….we were wrong….we were wrong about one thing….the 50 dinar note will be coming in the future…..so it looks like their plans have changed ….the IMF is also trying to help them at this time.…..the plan before they wanted to do the LD’s and come out the door at 85 cents or 1 to 1 but they have changed things….with the help of the IMF….they are now looking at a free float as their best route at this time.
Frankie I mentioned to you a youtube, I posted a link to this video, it is in Arabic….this youtube is 24 hours old that talks to the 50k.
Frank: The wording….the KEYWORD….we are looking for the NATURAL RATE POSITION….do you recall those words Delta….write those words down and study them…..do you think they are talking about the ‘70’s and ‘80’s when it was around $2.60 to $2,80 or so.
Delta: It is possible if you remember when Dr. Shabibi said we are wanting to get the IQD to where it was in the ‘70’s and ‘80’s…..it was around that $2.60 to $2.80….remember when Saddam was in power….the IQD rate at his time was around $3.20 and it was believed to be inflated as a rate…..so the $2.60-2.80 is plausible.
Frank: Here is a summary that was sent to us….they look to start at a low rate…but the 10-30 cents rate would be dangerously low….it would not help the 2016 budget……especially with the price of oil agreed upon for the next 2 years…when the GOI approved oil price at $40/barrel…..so in this 2 year time frame they may start at 40 cents and then in the 7 to 10 day time frame we may not see it move to the $1.00 level…..does this make sense to you Delta.
Delta: That makes absolute and perfect sense….when it starts to move, maybe in December…..we may see the actual rate before they implement the budget….the natural rate could be a dollar or over a dollar…..as I stated a long time ago….it is all exciting. This video that I posted today….a very important piece that this man let the cat out of the bag….
they criticize the CBI for bringing out the 50k…..they complain about minor things, color and such…..this youtube gentleman….they go to the 50k for big transactions….between banking institutions……the banking institutions have come up with this one single bill….that will help phase out the 000’s they had previously used to transact business…..
By Iraqi law….any new currency must have Kurdish language on it. They will be coming with a 500 dinar note with Kurdish language….this is significant and useful. Remember six months ago they took away the 50 dinar note….they don’t want to confuse them with the 500 dinar note…..it appears the 500 dinar note will be around for a long time….if the rate increases to say 10 cents the 500 dinar note would be worth about $50…..20 cents it would be worth $100…..40 cents would be $200.
Frank: I like this 40 cent rate…that would make every 1 million IQD would be equal to $400,000. If they do this, we believe we will not see this….it will be in this 7-10 day time frame…..they will introduce the LD’s and coins…..but after they finish the float that you will not be able to see until the currency is in its NATURAL RATE POSITION…..then they will cap it….my teams are saying, in their opinion….the capped rate will be higher than Kuwait.
Let’s map this out….second week into the third week of December…that is that 7-10 day window….then into January…we may see this country walk into the new year with a new currency rate that might be above 40 cents….maybe 1 to 1 by then.
Delta: I think even on January 1 we may not see clearly…..when you free float the currency you don’t know what will happen….say the rate comes up to 10 cents….the next day it could be 7 cents….what I do believe will happen…there are many investors who want to know that Iraq is economically reformed….they look to their currency as a strength indicator…the stronger the currency the better it is for investors…..I know it won’t come out from 1166….remember 1166 is a program rate…..we do believe what will happen is that investors will jump into Iraq and push the rate quicker to their NATURAL RATE POSITION.
Frank: Listen to this report…..then comment back and forth…..we’ve given our opinions….this meeting on the 10th launched all of this…the LD’s showed up sooner than we thought….now distributed to the banks…..the RI will happen without us seeing it…..then it will walk into the RV.
All currencies being put in the basket are going to help the Iraqi dinar…but some currencies were not put there, but can be put there now because of CHIP codes….equivalent to the SWIFT Codes….numerical documentation for currency……they are now in place….this is a new keyword being introduced tonight….we now have the rupia and the Chinese yuan is what they were looking for….the rupia joined in mainly for political reasons…..Indonesia is being rewarded.
When the rate is capped….we believe it will be higher than Kuwait….the renminbi and the yuan we think are in the basket now….both are the currency for China…..this is a report that I want to bring you tonight.
The attack in Paris has stimulated the distribution of the LD’s….today France invoked UN Article 5…..is a call to arms….if I am being attacked then all of you are obligated to help me….Mr. Hollande….called for this Article 5 for all to fight in a single coalition….requiring all nations to come into France fight ISIS…..would the US like to come in and help with the Syrian resolution…..oh yes….
I kept telling you there was a new coalition…..so IMO…..this is pushing Dr. Shabibi over the edge……and that is why we have 3 and 4 in December….this is a declaration of war by France against ISIS and a call to arms for UN coalition armies….in fact you will see today or tomorrow an article from ISIS…..where they regret picking on France because they thought France was weak militarily….but so much as changed.
The USD is no fool….it knows its rescuer…..today it closed out at 99.39….watch what it is doing….prepare yourself.
The taxes and tariffs are tied to the IMF system…and the IMF activated the taxes and tariffs…no not yet….but in the meeting on the 10th….they committed to activating them during the second week of December.
We’ve talked about Maliki…..but…..Maliki have you noticed in recent weeks that people have been dying due to heart attacks…..this is the justice of the silver bullet from the United States of America….your times are up…..as was reported today.
What do you think about the new coalition forces gathering for France Delta….what do you think of that kind of security in the world…..so much is going on around the world with regard to security is happeing around the world that will help the IQD.
Delta: Well the good news is that everyone is getting serious about ISIS….Iraq and Abadi wants everyone to help. So you have a strong country like France that is wanting to get rid of ISIS….this could be the end of ISIS within the coming months.
Frank: The moral of the story on the 10th…..this meeting brought forth the monetary reform steps….exactly what they have been telling us they will be doing.
Delta: If you go to the IMF site there is a big report about this meeting on Iraq. One of the news articles stated that the IMF could help Iraq in lifting their restrictions….this is Article 8….these motions from the IMF will help Iraq with foreign currency exchange….this helps Iraq become Article 8 compliant…..
They basically approved the monetary reform for Iraq…..one thing that still had to be changed….the Iraqi currency….the IMF will be giving the green light to move forward…..about 3 days…the UN Secuirty Council with the help of the IMF give the light to Iraq to move forward….the Council approved the economic reform of Iraq…..IMF statement a month ago….2016….Iraq will be international and a part of the international market…..
What you see after that meeting…..the 50k now….this is a part of the pathway….the phasing out of the 000’s gradually….but they must have a rate to make this happen……looks like they agreed on a free float…..also the depegging from the USD and then pegging to the SDR is all a part of the path…..expect an announcement by China by the end of the month that the Yuan will be in the SDR basket too…..as for the taxes and tariffs, you need an international rate to calculate these rates for taxes and tariffs to be collected.
Frank: Dr. Shabibi is doing to the CBI what Abadi did to the GOI….cleaning out much of the bad….the bad policies and people….the only reason Allak is still here….he hides Dr. Shabibi…..even as he does bad things…..he was caught receiving a bribe from a bank to open illegal accounts…..he was fined by Abadi and Shabibi for 51 billion dinars…..he dropped his own fine down to 5 billion after he took the bribe……who can understand their way of thinking…..did he really think he could get away with this.
Ten million dinars are now missing and it looks like Allak may be the guilty party again……his time is dated…..just as Maliki’s is too.
It was just announced that Iraq’s oil production for Europe has overtaken that of Saudi Arabia.
They are poised to start raising the value of their currency…..all we needed was for them to light the fuse….we will take care of the BOOM.
Delta: Final notes…..exciting times ahead…..Iraq is blessed to have the help and support from IMF others in this process.
Frank: I should end….but with all the garbage….I’m glad they have a start to the revaluation of their currency….because of the RI…..Iraq can do this….go from the RI to the RV because they are under the Marshall Plan…..our billions that we sent to Iraq for over 12 years came to an end in July. We are not called capitalists just because they don’t like us…..you owe us money…..pay us.
This scare tactic really worked…..KTFA family was shell shocked for a while….some gurus folded camp and went away…but that is their business….we though are better equipped…..like I keep telling you that God would not have us be so ignorant about the stewardship of something that is His….this investment…..we Christians are the new wise men and women….we are not scared…there is great joy….but we don’t do wild things….this is very serious. 10 cents we know won’t work…..40 cents would be better……but you know what would be really better….your patience….based on all we told you….why do I say this…..because INFLATION in Iraq is so low….the math will behind it will be so high.
This is a business deal….you purchase a stock called the IQD from a company called Iraq for a dividend called the lifting of the 000’s…..remove the emotion and treat this as a serious business deal.
No doubt these weeks of November are for something….we think…Maliki…..no doubt the first weeks of December are for something…..to go from the RI to the RV….no doubt the last 2 weeks of December are for something aren’t they……the distribution of the LD’s to the citizens from the banks where they now wait.
Abadi has been screaming to the citizens that the economic reforms have started….but we believe in reality they will start around the second week of December because you can’t have one without the…..an economic reform and a program rate…..hashtag….hashtag….sit back and watch…..in fact IMO….I don’t think the 25k’s or the 50k’s will ever be cancelled….because they are going to start out low…..and Maliki….wait till you find out….he has more money than the CBI….a disgusting amount.
What is the NATURAL RATE POSITION…..what can they support….none of that matters because they will slowly reach that point.
THERE IS NO LOP!!!
There are 12 that will not allow stupid.
There is no emotion….this is to be a business transaction.
I said this was a part of the Marshall Plan….go and study Germany and Japan….when they both came out after the war….they both came out low….then they proceeded to their natural rate position……neither country cancelled their currency.
If you were to find a $1,000 USD or $10,000 USD don’t take it to the bank, it is actually worth so much more.
Did you know that Iraq has been paying Kuwait, it’s armies and other bills in IQD’s since July…..not USD.
Leave your emotions at the door….treat this investment seriously and not lazily.
The LD’s are the latest position for Iraq’s true rate position….then you hear Abadi on TV to all citizens…..all the reforms are not done. The CBI is being deceptive….like the China syndrome……it is all brilliant.
NO NOTES WILL BE CANCELLED for at least 90 DAYS.
Kuwait does not complain….why…..they own a mountain of dinar….plus they have much claim to Iraq oil….plus Iraq still owes them money.
The last thing for tonight…..I kind of hinted at this….have you paid attention to the program rate….check it out on Forex or XE….down to 1120….it continues to adjust….so is the USD…..this slow gradual escalation of where it wants to be….near 1000……it is adjusting to the SDR…..if you don’t recognize this…..it is huge.
We will not fail….especially because of some drunk form of ISIS.
Study macro-economics….things will get hard for you….the decisions you make will become eternal…..international economics….the USD hit a high today at 99.46…..it is getting ready for the SDR.
Look for air bombings to increase….while everyone else will be in bed asleep…..nothing will be going on….that is why I think we need these two weeks.
There are a couple hundred oil tankers sitting in Syria that you should make a note of…..and……I think I will end now.
Yes I have more, but that is enough for now…things are beginning to stand out and become clearer….into December I believe things will start to blend in together….things will become mixed but without confusion.
Their goal is to become a cashless society….the moment the RV starts is the moment we enter a time frame on this planet that the Book of Revelation teaches us.
EXCHANGE PILLAR in an article….maybe you should ask me about those words next time.
Closed with a prayer.
I will be with you again tomorrow night after the Bible Study, then quite a bit on Wednesday and Thursday, and Friday will be TEAM Chat for KFTA Premium members.
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