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Monday, April 25, 2016

KTFA CHAT WITH BACKDOC UPDATE, 25 APRIL

KTFA:

BACKDOC:  I WANTED TO TAKE A MOMENT TO SHARE A QUICK UPDATE WHERE WE ARE IN THIS LONG AND ARDUOUS JOURNEY.

IN THE LAST FEW DAYS WE SAW THE GOI (GOVERNMENT OF IRAQ) FIRED BY PRIME MINISTER ABADI. WE ALSO SAW PARLIAMENT SUSPENDED.

THE RESULT OF THIS WAS TO BREAK IMMUNITY OF THE CORRUPT INDIVIDUALS. AS A RESULT THEY COULD BE ARRESTED AND REMOVED.

A NEW TECHNOCRATIC GOVT. HAND PICKED BY THE USA WILL REPLACE THE GOI.

THE BAD APPLES FROM THE PARLIAMENT WERE REMOVED SO THINGS WILL MOVE FORWARD NOW!

OF COURSE I COULD BE WRONG BUT I EXPECT SERIOUS ACTION PRIOR TO MONTH END! YIPPIE!

THE FOLLOWING IMPORTANT THINGS WILL FINALLY MAKE THIS POSSIBLE!

1. ARTICLE 8 COMPLIANCE HAS BEEN ACHIEVED! THIS MEANS THEY HAVE A RATE NOW! IT WAS POSTED ON THE IMF WEB SITE FOR 3 HOURS!

2. ARTICLE 4 WAS GIVEN TO VIETNAM! WOOO HOOO

THIS MEANS THEY NOW QUALIFY FOR A CURRENCY OF VALUE ON THEIR OWN AND NO LONGER NEED TO REMAIN PEGGED TO THE DOLLAR! I LOOK FOR THEM TO PEG TO THE SDR AND BE A DONOR CURRENCY JUST LIKE IRAQ!

3. AFTER INTENSIVE MEETINGS ON THE 14TH AND 15TH IRAN HAD A STATUS CHANGE. NO LONGER IS THEIR RATE BEING HELD UP FROM ANY GOVERNMENTAL DISCUSSIONS BUT SIMPLY UP TO BANKING CHANNELS, WHICH MEANS AROUND 10 DAYS TO 2 WEEKS!

4. IN ADDITION TO THESE MAJOR ACCOMPLISHMENTS WE SEE THE USA CALLING FOR ANOTHER CREDIT RATING REVIEW FOR IRAQ WHICH SHOULD BE MUCH HIGHER.

5. ZIMBABWE WAS ALSO GIVEN ARTICLE 4 RELEASE! THIS WILL ALLOW THEM TO ALSO HAVE A CURRENCY ON THEIR OWN WITH THEIR OWN VALUE!

WITH THIS IN OUR REAR VIEW MIRROR FOLKS IT MAY BE ALL OVER BUT THE SHOUTING! BAAA HAAA

SLAP!

OHHH SORRY! I MEANT GREEN FRANKIE!

I KEEP DREAMING OF MULTIPLES OF 7!

I FIND THE IRAN,VIETNAM,AND ZIMBABWE ANNOUNCEMENTS I FIND TOO COMPELLING AT THIS TIME OF THE MONTH!

BY THE WAY, THE IMF NEW YEAR BEGINS MAY 1ST, DO YOU THINK THAT MIGHT MAKE A DIFFERENCE? MMMM

DOC, 8@8    IMO

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