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Thursday, May 19, 2016

KTFA CC NOTES, 19 MAY

KTFA:

Aggiedad77:  Hello Family....well last night's CC was exciting if it was anything....POWERFUL.....better than Monday's CC......if you can't get to the video or the audio playback....here are the notes....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 for Wednesday  05-18-2016

Frank26:   We are now going to talk to you about our investment which is the Iraqi dinar Family.

I was talking with our…..well here is another thing….I don’t want to say the word TEAM any more…..you think I don’t know what is being said out there….oh Frank doesn’t have any TEAMS……oh Frank doesn’t have no DELTA…..oh Frank is just a liar…..oh really…..anyway…..I was talking with my FRIENDS….and…..by the way….every conference call is pretty good isn’t it….all honor and glory to God……because without him there isn’t anything to share with you…..


One of the things that stands out in my notes from talking with our FRIENDS yesterday was that they said……you know something Frank…..this is a SOFT DISCLOSURE……a SOFT DISCLOSURE…..a SOFT DISCLOSURE…..

I like that….they are not hiding anything are they Family….you know Iraq….they are not hiding anything, they just are not explaining it…..and when they don’t explain it the translations sometimes make it a little harder to understand……SOFT DISCLOSURE…..I like that.
 
So, but do they explain it to you….no it is a SOFT DISCLOSURE….that you as an investor of this country are becoming aware of daily…..my gosh back in the day….years ago….we used to go months without anything….same old same old….yep….camel is still sitting in the same spot…..jiminy crickets….

today….especially those that are newbies to our investment….they think that this is the way it used to be….oh H.E.LL NO….it’s only been the last year and half…..only been the last six months that so much has been…..what did I call it back in December….a venture effect remember…..a venture effect…..in other words there is so much information that is being forced into one area and is being shot out…rat-tat-tat-tat-tat….daily and it is amazing….it is amazing.
 
Since December…..and January the IMF has been holding Iraq’s hand and saying…..come on son….and what is the IMF….the USA…..IMO…..why would you do that……well junior did you do what I told you to do….no I didn’t….junior do what I told you to do…..no….no….Maliki….junior…..no….no….alright that is enough….no it’s not enough I want to take more and they take more….and then finally….wait until your Dad gets home…..oh….oh-oh….and then Dad gets home….you know like sometime around September….October of last year and everybody scurries…..

Every party that you can think of tries to claim more…..so they think they can become powerful…..no….no….there is only one party….and then on top of that we screwed up…..Maliki….actually you can go back to Saddam….and we screwed up with Maliki….but we are not going to screw up with Abadi….

I really like this man he is not a politician….but boy is he a good soldier….he is something else…..he is something else…..and because DAASH shows up….the IMF….the USA troops, the coalition force whatever you want to call it….they sat down with junior and said….listen junior…..enough is enough and now that Dad is here, this is what we are going to do…..you understand…..

I don’t want to do…..SHUT UP…..do you understand….yeah….because if you don’t understand…..you know we can go somewhere else…..no…no…..no don’t go to Iran…..alright we won’t…..get your Shiite together….and they did….they sent the Shiites their way…..they sent the Kurds their way…..they sent the Iranian rebels their way…..they cleaned….well they did good….they cleaned….well Dad did good….but Dad is not supposed to take that credit is he.
 
So the next thing you know…..Dad lays out a roadmap…and he says to junior….junior give me those toys…..no….give me those….no….so we take everything away from them….and we recalculate everything and then we tell them….this is what you are going to do….got that…..and not only is this for 2016 but also for 2017….this is the course for the next five years in your budget…..you got that….yeah.
 
Now we are not going to give you money any more junior….remember your allowance…..yeah….well Mom says you weren’t paying attention….sorry no more allowance…..now you work for it sucker…you got that….you work for it….you are going to cut the grass…..you are going to throw out the trash……sweep the floors….this…and this…and this….and at the end…..if I see these things….yeah I will give you your allowance….but…but I haven’t had an allowance in years….and….I can’t keep up with my friends…and I need to…..yeah….well as soon as possible I want you to do the things I told you to do….you got that.
 
Next thing you know junior comes back in all sweaty and huffing and puffing a few hours later…..I cut the grass….did you pick up the clippings too….yeah I did….did you rake the leaves…..yeah I did that too….did you sweep the floor in the living room….yeah and the bathroom and the hallway and everywhere…..good job…..good job…..I guess you want your allowance now don’t you…..yeah can I have it….I want to buy this bicycle and it costs $300 dollars…..

No…..here is $10…..$10…what is $10 going to do me…..take the $10…..fine I’ll take the $10 but it will take me forever…..no….take the $10 and put it into something else…..you mean into the international……you mean into another type of business….yeah….and it would give me income wouldn’t it…..and you will still give me my allowance….yeah…..ok we can do this….and I don’t have to pay back my allowance do I…..with what….ok….and you know something….there it is….and as childish as some of you may think I am….or as constructive as some of you feel that we are….this is amazing.
 
Family we have a confirmation…..we have a confirmation from the CBI and we have a confirmation from the IMF….and what is that confirmation….at the end of the year last year the IMF came back to Iraq to lay this road map….but the road map was to control Iraq…..and Dad came back….and Dad grabbed junior by the ear and said….that is enough…that is enough….all these years….we are going to get this done in the next six months…..you got that…..and the IMF said we will guide you….we will show you how….these are the steps…..you got that…..and the meetings….IMO….have been blossoming the requirements of the IMF.

So today we get confirmation from the CBI and the GOI that we got a loan….


Family you may want a confirmation that we got a raise….stop and listen very carefully…..stop and listen very carefully…..because I love you….I love you…..they got a loan…..they have no choice now….there are no more delays….there are no other options but to accept all of the conditions that the IMF is putting in front of them…..one of them was to lift the value of their currency….and today you got confirmation that they got a loan.
 
It is important that you pick up that Arabic word that I shared with you a few days ago….do you remember that word…..الإصلاحات المالية…..this is the concentration of the financial reforms…..you got that….that is the word in Arabic….the GOI is working on the financial reforms…..as the CBI looks across the bow and says bravo…..because the financial reform is the lifting of the value of our currency….and the IMF says the only way you are going to get this loan is if you do this…..they did this….and we got confirmation and you got confirmation in the articles from WalkingStick.
 
So the next question is…..can we see the qualification that brought forth this confirmation…..the translation in Arabic is very clearly the report….you did not get to see…..DELTA gave it to me this morning….he said….Frankie….Frankie….the report says that they are not to play any more games…..they have to accept all the conditions the IMF is putting on them for their budget….they have to follow this now….as of right now….there were three things they wanted them to do…..

1.  Decrease the expenses in the budget of 2016….why…..because we are not going to give you as much as we told you we were going to give you….it’s not $16 billoin….just keep reading…..

2.  We were supposed to…..that Arabic word….we were supposed to work on the financial reforms….not on the economic reforms….did you finish the financial reforms…..yes…that is why we got the loan…..

3.  We were supposed to meet and talk about taxes….we were supposed to increase more taxes in our country….we were supposed to talk about the tariffs and laws….a lot of things….in these private meetings with IMF and the homework that they gave us….

The articles came out today….and the whole article on the IMF….is extremely powerful and WalkingStick went out of his way and used more colors than the rainbow to highlight that article.
 
You know it is interesting that we had about 2,000 people Monday night and right now we have 219….that is a shame…..I believe that today is more powerful than Monday’s conference call.
 
The whole article that WalkingStick put out is so powerful because in it…in it….in it….the acting governor of the CBI….Allak….said that the financial authority…..ok let’s stop right there….the what…..the FINANCIAL AUTHORITY…..sweet papaya….tell me you’ve seen that word before…the answer is yes….it was about six months ago….tell me you remember these two words….the answer is no…..or you would have posted about it…..WalkingStick just walked away…..highlighted it….and then he walked away.
 
It is Allak the governor of the CBI who is telling the international world that the FINANCIAL AUTHORITY……now who is the FINANCIAL AUTHORITY in Iraq…..they are in the GOI….it is a staff of a committee….a specialized committee of CBI staff members….that are dealing with the financial reform of the IQD under many categories….credit rating….exchange rate lifting, and so on…..it is these people….it is this FINANCIAL AUTHORITY from the CBI inside the GOI that have been at these meetings that has finally said….yeah they qualified for the loans….dear God.
 
Why is it that the FINANCIAL AUTHORITY are willing to release this type of information……the $15 billion by the way….they reduced it didn’t they….you know that $15 billion is for the GOI don’t you….it is not for the CBI right…..so what the heck is the CBI doing there….

The CBI has got Phase 2……I told you that Phase 1 was the RI inside the GOI….the FINANCIAL AUTHORITY is a very big word….and they are bringing it out to you once again….the last time they did it was six months ago….and why is it that the FINANCIAL AUTHORITY is involved with this loan…..why….because one of the conditions….one of the conditions from the IMF to the GOI…..is to do the financial reform of their currency….

And hence that is why Family….there have been some powerful….powerful negotiation meetings with this FINANCIAL AUTHORITY and the IMF and the CBI….and all these committees and I believe these meetings are coming to an end and they have been going on for three months solid.
 
I can just see some other people….well why didn’t you tell us….well we didn’t know that….I wouldn’t have complained….take it to God in prayer….don’t take it your own needs…..take it to God in prayer.


Frank26:  Try to understand…..you see I have to use my words carefully…..doesn’t that sound condescending….doesn’t that sound more like rah…rah….rah….actually what I am trying to say…..is dear beautiful Family of mine….

KTFA Family we all need to understand that the GOI cannot increase the rate…..please write that down….please understand that the GOI cannot increase the rate….but….but…but the FINANCIAL AUTHORITY within the GOI will monitor the fact that the CBI and the GOI are about to allow this to happen…..why…..

Because it seems like it did happen….or it has happened and just hasn’t been told…..because they gave them the loan and one of the qualifications was to lift the value of their currency….and all of this was to be done by the end of when…..March….so when March the 28th came around they told them you got 30 days.


The final approval…..the final approval….who said that…..well it is technically if they got the loan it’s a final approval from the international community that are inside of these committee meetings….therefore it took three months of negotiations for the currency reform to finally be ironed out….and prove that the math is right….alright…..really….IMO.
 
So the IMF says back in December…..Iraq we are going to help you with loans because they don’t have any money….you have to get it done before the end of the first half of next year….all of this is making sense…..and they said we will help you because we will give you loans to launch what you are about to do…..that is to lift the value of your currency.
 
Just because you lift the value of your currency….big deal….you need profits….just because you have the Iraqi dinar in your hand….big deal….you need capital gains….it’s going to take time for them to make a profit……a few months….a few months…..let me see how many…..

Frank says it takes like $3.5 billion….counting out loud…..they reduced it from $16 to $13 billion….they gave them just enough for a few months didn’t they…..yeah….

IMO….JUST ENOUGH TIME FOR THE RV TO EXPLODE FROM 1 TO 1 TO WHAT THEY NEED BECAUSE THE BARREL OF OIL IS IN POSITION TO DO SO……

I’m laughing because it all makes perfect sense…..you do this…..we do this…..let’s do it fast…..hey….let’s get it done in the first half of this year.
 
Did you really do the requirements of the IMF Iraq….is that what Dr. Shabibi is going to tell us about too…..did you really do that….because they confirmed that you go the loan today…..did you really do this……hey by the way did you really modify your budget….you really are modifying your budget aren’t you…..lift the rate….do the budget….raise the taxes and tariffs….you son-of-a-guns….why did you have to wait until Dad got home.
 
Hang on….I’m just curious about what you are posting…..how exciting….is this why Sadr has been so quiet….yep…yep….IMO….we actually shut him up….this is huge…..it is bigger than Monday….but you see it is the evidence….we just are not seeing the evidence…..it is the shadow of the evidence…..how is that…..what they did is casting a shadow of what they did…that is what we see….the shadow…..

Hot dog that was good…..it is a master plan….yes it is…..Frank are you going to talk about Rafadain Bank and the coins….I already did….two weeks ago…..we already told you….look we told you the LD’s were moved….now they are telling you the coins….and it is a coin….A ONE DOLLAR COIN….WHAT ARE YOU DOING WITH A ONE DOLLAR COIN AT 1166…..how much is that worth…..ah…..it’s not worth anything….you actually owe me like $1.27…it is a negative figure man and you are trying to give ONE DOLLAR COINS OUT……come on man…..AT 1 TO 1….THAT WOULD BE ONE DOLLAR….wow.
 
So the FINANCIAL AUTHORITY….this is a word you have to tattoo somewhere….the FINANCIAL AUTHORITY within the GOI has authorized the CBI….through the financial committees of the GOI to determine the new exchange rate and to follow through with it….because we got the loan….

And I’ll tell you another thing….IMO…..you wouldn’t have gotten the loan if you hadn’t followed through with it….so you are about to tell us that you followed through with the IMF requirements.
 
By the way WalkingStick has a lot of stuff to give you but he’s shutdown….I also want to commend the three musketeers (Backdoc, Thunderhawk and Mountainan) ….I was going to talk about it….but this is more important….three musketeers would you please continue to bring the evidence of what Iran is doing…..I call them Siamese twins…..

If Iran moves its right hand….Iraq moves its right hand….so if Iran is doing certain things for its financial reforms….IMO….Iraq is doing them in a synchronized manner….because IMO….Iraq knows Vietnam and Indonesia and a lot of places are not going to wait for themin the basket….they know that now…..I know….I know that intel changed…but hey….it is not a straight line.
 
You know that last sentence that I made…..I hope Aggiedad makes these notes….that last sentence that I made….I don’t think I could do that again…..let me see if I can….

The FINANCIAL AUTHORITY in the GOI have authorized the CBI through some financial committee meetings within the CBI to determine the new exchange rate and to follow through with it…..I did do it.
 
Old timers….we need to talk….do you remember the Minister of Finance….do you remember the Minister of Planning….do you remember when they turned to the GOI and they said do you have your budget….yeah….what do you want….and they said $1.13….and they said no it has to be at least $3.2103 and then everything was just shut down….

I want you old timers to remember the Ministers of Finance and Planning….this is what was so important….at that time Dr. Shabibi was the governor of the CBI and he was putting out articles that were saying….I’m about to lift the value of our currency…..I got all those articles….he was even laying out what he was doing with the currency….the new currency….

How long it would be out and such….they weren’t talking about no bonds….they weren’t talking about any of that stuff back then…..they were going to come out and raise the value of their currency….and then Obama and Maliki decided….no we have to leave Iraq and for three years it went to heck…..well guess what Dr. Shabibi said in the article that I have….guess what Dr. Shabibi said….he said….listen Ministers of Finance and Planning….we understand what it is that you want….but we need the budget to launch itself at $1.13 or $1.14 in that ball park….and within three years of that time that you do it the FINANCIAL AUTHORITY will be called back and they will then take our rate up to $3.00….

Allak said this AUTHORITY is working very hard to allow these meetings to work in the last three months….the exchange rate that the IMF is guiding Iraq to change because they got a loan…..to me tells me that they have accepted everything they have negotiated in these meetings….therefore they….IMO…..have qualified for the IMF loans.
 
The financial reforms….if you follow everything I just up to the very end what was going to happen in three years with the FINANCIAL AUTHORITIES….THE FINANCIAL AUTHORITIES are back now.
 
You know…the IMF says fine you qualified…..if you had to buy a house you would go to the bank and you would have to qualify with your credit rating….what happened to their credit rating Family….you have to show them you have collateral…that you have reserves…you know what I mean…..

The IMF says….Iraq in order for us to help you in the first half of 2016 you have to lift the restrictions on your currency….they did not say you have to revalue your currency….see that….the lifting of the restrictions are in the RI state….they are soon to walk into the RV….but even when they do….they don’t have enough money still…..and I think the FINANCIAL AUTHORITY is going to kick it in there to get it started….at least at 1 to 1….close enough to $1.13….$1.14.
 
By the way,  the IMF says to Iraq…..listen Iraq….this loan we are about to give you so you can get by for the next month….we aren’t giving it all to you at once…we’ve learned with you guys….this loan is under your funds, but it is under our control…..we are only going to give you so many billions for the next three years.
 
The reason why the IMF is willing to give these loans now Family is because they will be used to build the infrastructure of Iraq….this money….these loans it is not for the GOI….this money is not for the CBI….they got their own money….that is why they have bonds and that is why the CBI is lifting the value of their currency.
 
You know what those loans are for…..let me tell you the first chunk….$3.0 billion or whatever….it is being wire transferred to many areas in Iraq where the economic reforms are about to be launched…..because you see they got the loan because IMO they were doing something that they were supposed to do with their currency…so now they have the loans for their infrastructure…..

So hopefully they have qualified or they are about to tell you they are lifting the value of their currency so they have money to launch the RV…..and this money isn’t even for the GOI or the CBI….it is being wire transferred straight to the provinces….to the areas that need the economic reforms…that is why we needed all these banks….the BBB banks…the banks of Dr. Shabibi….

There is one more thing it is going to do….it is also for the deficit of Iraq….oh and it is also for the credit rating…which is good….and it is also to deal with a letter of credit too by the way.
 
All honor and glory to our Father……you do not find this on any other conference call and you know that.
 
Yes the money is being sent to different provinces….different areas…in fact Kurdistan is getting a nice chunk of it….but it is mainly to displace ISIS and DAASH in the Kurdistan region….and the IMF will monitor every penny….because to the penny this loan does not belong to the GOI or the CBI…..it belongs to the economic reforms….because many other reforms have been funded because the math was right…..thank God it is full of stars.

The CBI announced that this loan is a done deal…..wow….

So a lot of things I said are not really my opinion are they….well they really are….all of this is IMO…..the CBI announced that this loan was a done deal and they told the citizens on Iraqia TV in their language….it means that Iraq has fulfilled all of the IMF requirements….and they are about to lift the restrictions on their currency and add value to their LD’s and coins.
 
By the way…..I want you to know they are not going to get this loan…..WHAATTT…..I didn’t finish it….they are not going to get this loan until sometime in June or July….that is when the first half of the year ends.
 
Lifting the rate was negotiated for three months Family….because both sides are desperately wanting for the rate to come out….and on April 28th this was agreed upon…IMO.
 
Why did it take them three months to negotiate and now finally give them a loan….yeah we gave them a loan…..why…..because in these three months there were many meetings where they discussed raising taxes and tariffs….there were many intense things like the deficit…..and you know something….IMO….there is no deficit….but they have to give you a deficit
 
WOW….three months of these meetings and the CBI finally announces that hey we got it….we got this loan….all of Iraq got this loan for economic reforms….you did it Iraq…..you did what the IMF wanted you to do….that is the only reason why you got this loan….so in the next 24 to 48 hours….maybe we should look for some IMF statements….maybe we should look for some CBI speeches.
 
This agreement of many reforms includes the Monetary Reform Family.
 
So yeah we grabbed them by the ear and we brought them to the point where we can say….who’s your Daddy….ok….and who’s in control….good…and who’s in control of this loan….CBI….GOI….oh we are…and you know all of this….very good…..no more games….Abadi….cool….Maliki…you are going to be cold pretty soon.
 
Not one stinking penny unless you met the qualifications….unless it was unconditional…..I told you on Monday….unconditional….what does that mean….new rate….with the financial report….you won’t get one stinking penny unless the rate is conditional with the financial reforms.
 
Dismissed with a prayer.

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