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Wednesday, January 13, 2016

KTFA CC NOTES, 13 JAN

KTFA:

CC Notes from Monday Night 01-11-2016....enjoy    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!!! ***

CC Notes from Monday 01-11-2016

Frank26:  Ok let’s get started.

The very thing at KTFAlways is that we review….the very first part is a basic review….we told you the price of oil is going up….but you see oil prices going down…..we told you last week that SA put a ceiling on the production of oil…..and if you put a ceiling on the production of oil there is not a lot of oil out there and the price will go up….third and fourth week of January into February the price will go up.


The next thing I want to quickly review…..is Dr. Shabibi actually working on the Monetary Reform at the CBI with the IMF….if you look at your notes from the past two weeks the answer is NO…..the answer is SECURITY…..this is what they work on……IMO they have turned in their homework on or around December 26th…..are they doing good SECURITY at the CBI yes pretty good from what we’ve told you.

I know what the Internet has been talking about….I watch them….I know what they say….what they say about the VND…..but I’m sorry….we are going to talk about the VND shortly….but they are not talking about the Monetary Reform….Internet…..we said 2-3 weeks ago that homework was turned in a long time ago and what they work on is the SECURITY for the CBI in a lot of ways.

You know those coins that came out and everyone is calculating on the Internet this was that price and that was that price….STOP IT…..no one knows the date or the rate…..they are not going to give you the variables that would allow you to calculate these things…so STOP IT…..if anything it made mud a lot more viscous didn’t it….and we told our KTFA Family…..don’t say anything….remember the example I gave you…..

If you were studying the dinar-asaraus fossil….sure it could tell you the size and gait of the animal….even tell you what it sounds like through the nasal cavity structure, but it can’t tell you the gleam in the eye of the animal is it studies your next move…..it’s not going to tell you the colors like the modern day iguana with explosions of colors….

In other words as you study the dinar you think you can figure it out…..but there are just too many things missing to fully understand the whole structure of the MR….and I told you there are way too many spokes that come back to the center focus….

And what is the center focus…..CBI, Shabibi, Abadi, and the IMF and even Sistani if you want to throw him in there. You mean they know the date and rate….I didn’t say that….there are many reforms in Iraq….but this is the main reform of focus in Iraq.

The coins….we took our Family aside and told them….no guys stop your calculations…..they have nothing to do with a rate….they are for two things…..Number 1….they are for SECURITY……because they are working on SECURITY at the CBI and they are not working on the MR because they have turned in their homework and that homework is being graded by the IMF…..what was the second thing…..it is the lifting of the 000’s……again with the lifting of the 000’s….look they will always lift 000’s up until the last second….it is the proper bookkeeping for them to do.

What about the budget Frank…..it is in the Gazette…..it is in the Gazette? Where is it in the Gazette? Look with all due respect we bring you food….now you put it in your mouth…..and the next thing you know 3-4 days later…..look the budget has a rate and they are using it…..yeah we told you it was in the Gazette….but you didn’t say it was activated in the Gazette…..do we have to feed you everything….

Yes we told you it was in the Gazette….sure I will admit….technically….I didn’t say it had been activated…..the Gazette has it…the Gazette printed it…but was it released to the world….I don’t know….but between me and you of course it was….

Why didn’t I see it Frank…..is this what you do for a living….do you know where to find it…..so with all that said let me help you…..

”Parliament Finance Announced Finance Minister will Receive Allocations Immediately After the Official Publication in the Gazette”…..we had a member SthomasT who put that article out…..I just smiled because no one really paid attention to it….it was telling you the budget is in the Gazette….but did you see the budget….not since the last time we were together….but what did you see today….”Frankie Frankie look….yeah I know…the math is done….how are you DELTA.”

Fascinating isn’t it.

I told you…..on January 1, 2016….I and everyone else was expecting….well we had a great expectation didn’t we…..then 24-48 hours later those with great bravado came out and said “I wasn’t expecting it”….why didn’t you say that before…..it’s easy for me to say it now…..I know…..we were expecting something….the whole world was expecting something…..Sistani was expecting something….

The IMF had been given the homework prior to that date…..there is a great expectation from this country….not only for her citizens….but all those countries that have poured their blood sweat and tears into this country, whether it be in the coalition of forces, whether it be in a political stance, even in the shipping lanes….I CONTRIBUTED IRAQ….now it’s time…..we’ve already discussed….if we are in control why don’t we just go in there and put the rate in….we’ve covered that…..if we are in control why can’t we just go in and remove Maliki….we’ve covered that….so we know very well that this budget has been released…..

Now….what has happened since we talked on Friday.

DELTA, DELTA….how are you sir….I’m not doing good Frank…what is wrong….the CBI is blocking me…what do you mean…just you….no….the English side some of it is up….but the Arabic side I can’t get in to even read it in Arabic…..they caught on didn’t they…..I don’t know Frank, I’m really down….are you sure about that….even the Arabic language is blocked from you….yes it is…..well don’t worry about that right now we know what they are doing now….not the MR….SECURITY….yes I know Frank, I can’t read anything….they hear all the time now….they hear all the time Frank….and that is part of their SECURITY to understand who is listening….I know and I think we should just let it go…..let it go because it will all come out and you know how.

We created a word between us that means nothing to you…yet…..what we said is “we gotta take a leak”….you may think it is gross and we shouldn’t be talking like that….but just wait…..guess what they “leaked” the information…..we are here to tell you that there is a new math.

There’s new math….the experts are suggesting the distribution of half of the salary in dollars while reducing the rate of the dinars….do you understand what that means……they went from 1166 to 1182 to 1190….they are reducing the value of the dinar to be Article 8 compliant and to meet the homework from the IMF….

There is nothing wrong with this devaluation of the dinar….we had our Emergency CC to explain this to you…..there’s a difference between the street value and the value within the CBI which is exactly one of the two compliances of the IMF in order to lift Article 8…

The Finance Committee has CONFIRMED….do you hear that….Finance Committee has CONFIRMED the presence of a project to reconsider the dinar exchange rate with the dollar with the government and the CBI…that is big…the CBI and the GOI together….that is a big step…..understanding we got to do something about our exchange rate….”it is still a project under study and no decision where they are studying is Iraq could we consider in the exchange rate”….that is big…that we what I mean….it didn’t take long….they took a “leak”….

Look only the CBI and the IMF knows the date and the rate…..and those in that environment are excited because you don’t think they have dinars…and it moves down to the next echelon to to the next teir…..but exaggeration gets lost and the information gets lost in the exaggeration….I’ll get to that in a minute…..this is HUGE for them to admit yes we are devaluing….but you are so vain….you think we are devaluing for you the speculator….we are devaluing because we are forfilling the IMF regulations of what we have to do.

They came out with new math….last night DELTA and I decided that the new math is done….and my God the new budget is full of stars.

Parliament talked about how China is taking advantage of their imports and exports by having a low rate for their currency….how many times have we told you that in your notes….this is the first time I’ve seen anyone else say it….and Iraq….why are you talking about China….I am jealous…what do you mean….I don’t want to talk about it.

You know what Family, we talked to you about China didn’t we…not the way the Internet is talking but a bit differently….then we said that Iraq is doing the very same thing….what…with their currency…..yeah….look at the VND…..then we went to North Korea….we said that China will pay attention to North Korea and not the VND….then the big brothers came in and said we will help you….how….we have the keys to the IMF…so….so get away from that big straight….float it….you see how that works…..they are doing the same thing….perfect…..I said they were not Siamese twins…and not mirror images…..but they are synchronized.

It has gotten to the point where Iraq’s other option is to do what…..raise the IQD exchange rate and they said this themselves….talk about a leak….why in the world would they say this….you guys thought we were devaluing….well yeah but to qualify for Article 8…we turned in the homework to the IMF…..heck we were going to come out at 10 cents…40 cents….but it requires new math…and the budget….my God it is full of stars.

The price of oil dropped below $31….I know….the ceiling on the oil production will cause the price to go up…..by the third and fourth week of January the price of oil will go up……if you could see….the shipping lanes are dead....the price goes up and the budget lives happily ever after for a few more years…..which budget…..all budgets involved….just look at the basket.

The IQD is good Family….well how is the Ki-Card….well the IQD is good…and the Q card is fine…but it is bored out of its gourd….until they activate the international part of the card it will be bored at 1182…..they call this card many things in Iraq…..all citizens carry one…it has over a 120 functions in it….they can do everything through this card….loans what have you…..but that is not pleasing the citizens…..because it is kind of like the coins….Up Yours…..when was the last time you saw me use a coin…..well I know but you are going to have to start using the coins because we will have a different exchange rate that will require you to use LD’s….and those LD’s have other sub divisions called fils like the Americans have pennies and nickels and dimes…and you guys have to get used to that…NO.

If there is a delay where did we place that delay…with the citizens…because they don’t trust going into the banks….the citizens are literally the last piece besides what is going on right now.

Good Morning Vietnam….how are you….I am fine….I am actually much better…..it turns out I started getting phone calls….Frank is it true that the VND is not going up in value for the next 5 years…..how do I know….but I really doubt that…that sounds beyond stupidity….it sounds stupid to you Frank….why is that…..well for many reasons…..why do you ask me….many phone calls were asking this….so I asked them….why in the world are you asking me about the VND not going up for 5 years….someone started to give me a name of another guru….I said STOP…..don’t disrespect me….I don’t want to know…..they are entitled to their opinion so let it be so….don’t call me and try to create some animosity between me and this other person….don’t do that…and don’t try to corner me.

I’ve told you over and over that the VND is the little brother to the big brother….China…..who happens to be the biggest brother on this planet and if they tell Vietnam we will not help you…fine….and VN can’t do jack about it….and they turn their attention to North Korea and we already know about it…..so an article comes out that says…the imports and exports of China they take advantage of this as they keep their currency low…..

Frank taught us this years ago, almost exact words…so why don’t they help VN…..well VN has gotten too close to those they don’t care for….sort of a hybrid…are you communist or not….yeah we are communist…well you don’t look like it….you don’t act like it….yeah we like growth…exports and imports….and America has one of the biggest keys to the IMF…yeah we know you have a key….

Well they unlocked our currency…you don’t want to add value to it….for ever and ever we have been at a fixed rate…..now all of a sudden we are going to float…free like a bird…..so what happened last week….look it up….the VND had two increments of growth…this is what a free float is all about….Vietnam is not a mirror image of Iraq…..but they use the same strings….for their currency….for their currency reforms….they even told their citizens if you start making deposits we will pay you 12%....for real.

You know why else VN is doing the free float….well it is because we are trying to lift the 000’s from the streets….and we told you they are not Siamese twins…..but they are synchronized…..and you are worried the value is going to go down….I suppose you think the value of the IQD is going down too…..well I left those that called me feeling a little better about the VND.

Yesterday the Prime Minister from Vietnam spoke about his currency….he said….the move is only one of several measures to strengthen the role of the VN currency and steady the forex market by making dollar hoarding and speculation unrenumerative….let me translate…..ready for this….the move from fixed to float was only one of several measures….why did you do it….to strengthen the role of the VN currency….

Wait…the dong is going to have a role against other currency….hot diggity dog….the dong is going back in the basket…..what is the role for the VN currency….to steady and strengthen the forex….like the forex needs you dong…..well we are going strengthen the basket and the forex by making dollar hoarding and speculation not necessary…..hot diggity dong….no kidding….for real….of course….the move was only one of several measures to strengthen the role of the VND and steady the forex…..are you Iraq….this NAM and many other countries are doing their own currency reforms Family…..this NAM is doing the same thing as Iraq…we know.

Meanwhile….CBI says to the citizens….that their government can borrow money directly from the CBI to help with financial crisis at 10-15%....we told you Family on the last Monday CC….study Article 26…then you see an article come out that defines Article 26….I would like to credit pmac from our forum for bringing this, I don’t know if you saw it or not….that’s HUGE….this is amazing this Article is allowing them to lend money to the citizens….their own money….it is a form of SECURITY….then they don’t have to deal with the smuggling or counterfeiting.

Then Dr. Saleh….hello LD’s….no…no….better yet….hello coins…fils…these are instruments….even though they are a small amount to be sold…they are instruments to be used with the citizens…..for two reasons….number 1….SECURITY….and number 2….the lifting of any 000’s that the citizens are willing to give up….it is not the new math….you have not seen the new math. Besides the CBI told the citizens we know a reduction in our exchange rate would hurt your purchasing power….it would be a disaster….do not pay attention to the rumors and nonsense outside of our country….meanwhile go ahead and do math with the confusing coins and numbers we gave you……SQUIRREL.

We stated to you last week Family about Saudi Arabia….they are being told to prop up their currency amid global currency war fears….I don’t think they have anything to fear because oil will go up at the end of January.

I want to thank Walkingstick for all his work…and I want to thank denari131, and even offer you the title of Newshound…..only if you want it…..you do a good job……you are right…the article that DELTA brought out….you were right it was already out....you pointed this out and no one touched it…..may I suggest that when you bring in an article you bring in good articles that match what WS and I do….may I suggest that you could put a little summary at the bottom…give your opinion….I like your train of thought…you don’t exaggerate….but your summary may help our Family understand…this is important.

DELTA….DELTA….KTFA Family we are telling you that the CBI blinded him even in Arabic….there were two announcements we don’t know what they are yet….we want you to know they said after it is installed the price budget agreement with the government and the IMF…..it looks like the new budget has a rate that was calculated by new math….we pray we interpret this correctly…..because they even told us no we are not devaluing the currency from a program rate…well then they would have to go in the other direction to meet this budget of 105 trillion dinar…..one of the largest budgets they have had…..and at a program rate….they are not going to devalue from a program rate…..they were going to use international math standards to go into a 2016 budget via a new math that qualifies them for the IMF and the 12 “friends” and for the Ministers of Finance and Planning.

So what is the key to all this right now…..SECURITY…..the Parliament Integrity Commission came out and said we have corruption files on all state departments….that is almost like the homework given to the IMF….you tell me you’ve done a lot of work and you have files against all state institutions…that is like sterilizing an operating room…..SECURITY Family….they are calling for Maliki’s arrest in the streets right now…..SECURITY forces are raising the flags…..I said the Prime Minister should plant a flag somewhere soon.

Meanwhile the Holy Man, Sistani, says to Abadi….we were expecting things on the 1st….what happened….well sir it’s just not all there yet sir…you know that….yes I’ll tell you what…..tomorrow I’m going to scream this….I’m mad at you…not anyone else, no one else….I’m mad at you….you’ve let me down…..but we still have the first quarter, we haven’t let you down….go ahead and work on this corruption file…but I’m still going to talk to the citizens….they are mad at you too and I will stand on their side…get me the reforms, you know which ones.

The Shiite cleric in Iraq criticized Abadi about the reforms in Iraq….he actually aimed it a all three bodies but primarily at Abadi….I’m going to reference….giving the government a last chance to get the reforms done….and I’m telling the citizens in the mosques this is your last chance….they will know I’m mad…..it is more than the KTFA Family that is mad…there were expectations…..and for those who were not expecting it….that is their expectations.

SECURITY is obviously important and they are doing a good job….and the cities are back….or soon to be back…it’s all good…the CBI…..the only authority for the currency is with the CBI….so do something about the rate….we are telling you all other banks….we are the only ones who has the authority to make rate changes take it to the bank….tattoo it on your butt…we are the only ones….in conjunction with the IMF…and who is that….United States of the Freaking America.

There is no intention to amend the exchange rate of the IQD….the CBI ruled out modifying the exchange rate against the dollar….why….because that is not what we are doing…..we addressed the financial situation as being done through the advancement of the real sectors….I give up…this is all good….all good….IMO….the importance of this new math being introduced in this budget now is crucial because there are too many talking….too many leaks right now…we said that last Monday….we believe too much activity stirs the rumors….like the old telephone games…..Dr. Shabibi’s center core of truth about the MR is exaggerated from the core truths to the outer tiers.

WS brings out articles that we want…..one such article…..”we learned how it was leaked from some documents that it finds its way to the Iraqi media”….what did we tell you….the same thing.

Maliki can not longer afford to pay the media….we believe he hangs onto one media source.

Abadi tells the citizens…read this article….basically he is telling them….we got Article 26 that can get you some loans if you like. I see this as a balance of checks and balances….to me and my TEAMS….a very high form of SECURITY in the CBI.

The CBI has no intention of modifying the exchange rate in such an ugly manner….rumors…we know of them…but we don’t do rumors at the CBI….we are in the process of a MR at whatever speed it is being done….they work on new math.

Hasim says…..delete the 000’s will lead to the venue in banks to replace bank notes…..oh for crying out loud….he just leaked all over the place….can’t you just keep your mouth shut until we are done.


Then on top of that….WS’s article…..do you think that lifting the 000’s from the economy has a benefit for the economy itself…yeah….do you think the lifting of the 000’s will help local currencies that need to be political with economic stability….yeah….what is the current mechanism that must be followed…we aren’t going to tell you about it….we already know.

The new math was the better mechanism they were talking about….like when we rejected the 10 cents to 40 cents…the 1 to 1 was much better…..look we are going to grow in 2016…..and it has been projected by the IMF who did the new math….one area of growth is tourism….we already confused many people with talks of coins and the program rate….we don’t want the international people to be confused when they bring their currency into our country….we want tourism…but at 1 to 1…..because tourism at that international level that we want to be.

Look one of our own within the GOI came out to you and said number one is oil in our country…but tourism is to be number two…..”Currency exchange rates affects import and export values”….they needed to change the exchange rate in accordance with the IMF and I believe this is where they are at…why….because this budget is full of stars….their words not mine…..it is a major economic revolution in Iraq……so it requires new math Frank….this new math will do good outside internationally…..but will get domestic bonds to the citizens who deserve it….along with Article 26…..go read all of WS posts.

Family this new math says members of the Finance Committee helps us rule out printing of currency….you mean you don’t want to do no QE like the US did…..NO…..this new math it says to us members of the Fin Com it helps us rule out the resorting of printing of new currency internationally to prepare ourselves against the collapse of our country….we don’t need it any more….we like GI Joe but no QE….besides our assets are big compared to yours America….we have the currency….we just need the new math from the IMF….but we want nothing to do with what America does with the printing of their currency….the math is good, we’ve done a very good job….we’ve even prepared our online services to be international….it is important for the international community to communicate with us….why….it has to do with Article 8 and Basil III.

I will leave you with an article that came out today……Baghdad reveals that the ministry of communications on Sunday its intent to implement a number of projects in 2016 to improve international telecommunications service because we are going towards an international environment with 16 companies contracted with the ministry of communication….we have completed our work in this area…the ministry will be extending access optical networks in all Iraqi provinces.

The projects that we are working they will be in a quantum leap in communications services internationally. International calls through an optical cable across the sea…is the third of its kind…..it is expected to contribute that increase in the quantity of services by mid-year 2016.

Ended with a prayer.

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