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Thursday, January 28, 2016

EXTRA-ROUGH NOTES FROM FRANK CC - 28th OCT - Australia by r601a, 28 JAN

    • r601a said
      11:03 PM Oct 27, 2014

    As accurate as I could make them - but accuracy not guaranteed.
    Start of intel call ..
    IQD Intel

    Frank
    We hope this will be our last call.
    Don't look for the rate - we know the rate - look for an event - close to the 26th.
    Ladies found something important - and have been congratulated the I-Team
    Don't worry about the ISX.
    It did open
    - and something very important happened yesterday 26th.
    I was wrong about saying Maliki was going to be the new PM.
    We are now disbanding out intel Teams.
    Everyone is say
    ing that USA stopped the RV - why - when they are desperate for it?
    The USA has still not established the relevant tax laws for this event.

    Frank discussing precautions when money is finally here - wealth management issues.
    Frank is worried about US banks and IRS - IRS seizing bank accounts - because deposits made less than $10,000!
    Caution of Safety Deposit Boxes - these can also be seized - simply on suspicion .
    Life is important - life itself is beyond money.


    Is the IRS international?
    Yes. Now on NASDAQ X-Stream platform.
    But it's being kept as quiet as they can make it. There's more, but it's being kept invisible.
    As soon as the CBI gives the international rate it will instantly go live internationally.
    Sunday was the clincher for the event of the RV.
    ISX NOW HAS TO FOLLOW INTERNATIONAL TRADING LAWS.
    Article 8 qualifying.
    They have announced that they can now interact with international customers.
    This international event is getting ready to give us a rate.
    I believe RV is now in an algorithm - world banks are now interfacing with ISX - integration will take time.
    Yesterday it started.
    Check out the exchange activity yesterday - MASSIVE increase in trades - smallest exchange in the world is now suddenly VERY important.

    My Ladies
    Phones are blowing up right now. My lady has bad throat - hardly able to speak.

    Nova.
    All financial institutions are not interested in the exchange rate - they are interested in a mathematical constant to create exchange rate for ALL currencies. Basis for new Qi cards and all transactions. Mathematical relationship is vital to entire process. Ties currencies to SDRs.
    ISX cannot settle international business because it does not have this constant.
    ISX is just a pawn - is waiting for the release of this constant.
    We are witnessing this in real time.
    There is a new reality - will blind-side many intelligent people - IMF has been working on SDR model for many years.
    4 -5 major currencies will create SDR for any given currency - not just of the value of the IQD, but this is a major - we are witnessing the new way currencies will be valued going forward.
    It all begins with the IQD as the primary currency - the IQD is clean - NO DEBT!!!!!!
    Being used as the starting point for the new world currency model.
    Be concerned about the value of the IQD against the SDR - DO NOT EXCHANGE A REAL CURRENCY FOR A DINOSAUR!
    Don't trade in your IQD for a currency which has MUCH LESS VALUE OVER TIME. (Inferring to be careful of the USD)

    Doing business debt free is not good business. But when leverage turns into debt then things go wrong - have to work so hard just to pay their long-term obligations.
    The same reality exists with currency. USD in in deep trouble with long-term leveraged debt - so be careful.
    This model will be a reality VERY SOON - this is able to be seen publicly.
    Every major stock exchange runs x-stream - so why would the smallest exchange in the world - the ISX - run X-Stream - SO WHY DOES NASDAQ WANT THE ISX???
    ISX is about to become a vital part of the system!!!!


    CBI has siad is ready to go.
    All Iraq banks are ready.
    Iraq banks are opening internationally.
    International banks are opening inside Iraq.

    New version of the Law Library - new Gazette - in Iraq.
    Setting up a whole new system in Iraq - under cover.
    Laws completed.
    ISX by law has to settle in Dinar - ALL BUSINESS IN IRAQ MUST SETTLE IN IQD !!!!
    CBI is completely independent of any world Government - are NOT dependent on Iraq or America.

    Frank
    Be careful what you say.

    Nova
    CBI is pushing this out - in a pattern - day begins in Australia - but these don't count, because they're too small - then Tokyo and Hong Kong - then London and USA - will flow in the pattern.
    Will happen quickly.
    Algorithm is already done.
    I'd say that we're VERY, VERY close now - in the month of October.

    My Lady
    We are at a place right now we've never been before.

    Nova
    Do you think the two biggest bond issuers in the world would have any reason to be talking to Kurdistan - if it wasn't a specific currency - the new basic currency.

    Frank
    We want to tell you something - but we can't.


    Delta
    We can't talk in detail - but we have GOOD information - about all aspects of this event.
    Great information today.
    Iraq TV - ISIS getting defeated in Iraq. Liberating many areas - driving out ISIS. Disappearing from Iraq.
    CBI articles - talk about deletion of three zeros - article being printed are NOT FACTUAL. Removing old note will increase vale - over 4-5 years.  1,000% confident many articles are wrong. 40 trillion dinars in circulation is nonsense. Absolutely false. Maybe less than 5 trillion probable.
    CBI is only liable for 10% of this as hard currency.
    CBI has requested any notes - even damaged ones - must now be accepted by banks.
    LDs will be introduced very soon.
    X-Stream now implemented ready to trade internationally. Can not trade until permission given by CBI with new rate.
    We are super close to the RV.

    Frank
    We can share our excitement - but not the details - algorithm now in circulation to allow all countries to allow them to start trading with the IQD.
    CBI
    Gazette.
    BIS.
    But no announcements - no fanfare.

    I-Team Report.
    Problems with Maliki?
    No
    Budget problems?
    No
    Everything is still the same - they can not tell us more - everything is there we just do not know how to interpret what you see.

    Delta
    They have not done this sooner because they were not ready.
    Profoundly complex - much to do.
    Now appear to be ready.
    Numbers not yet into system - they are waiting for something.
    Iraq Gov has little money - CBI has the money - not the Gov. Only way this can be corrected is to increase the rate.
    Rate MUST be a rational rate - not a nonsense rate.
    Iraq did not pay a penny for the X-Stream platform - was paid for by others because many will make lots out of this change.

    Frank
    We believe we will see this BEFORE the 31st - but if we don't then hang in there - because IT WILL HAPPEN

    Final statements.
    Take note of the new law library buried deep in the CBI - Iraq now saying "we are done".
    Thanks to all - let's see what happens in the next 24 hours.

DINAR GURUS UPDATE, 28 JAN

1--28-2016   Newshound Guru Adam Montana   I mentioned 2 major things last week: Parliament and Price of Oil.  Parliament is stalled... no news out of them this week.  But it won't stay that way for long - things will pick up speed again, just as sure as the sun will go down and come up again. So forget about Parliament for a minute, and let's talk about Oil.  Crude has crashed over the past couple months, and I'm not going to bore you with  a long analysis...I'm just going to give you my opinion - as of this morning, I'm finally starting to feel like we may have reached the bottom. Once we've reached the bottom, prices should stabilize and that's when I believe the CBI will loosen it's grip on Parliament (yes, I believe that the CBI has MAJOR strings to pull in the GOI), and once we're looking at a consistent uptick in oil... THAT is what we are looking for. It could trigger the HCL out of sheer necessity, and then we're in business. Of course, I could be wrong on this "bottom".   [post 2 of 2]

1-28-2016   Newshound Guru Adam Montana
   To be completely frank on the situation, the IQD isn't nearly as complicated as a lot of people make it out to be... but in some ways, it's much MORE complicated.  Here's how it is simple: The CBI has the final say in the exchange rate of the Dinar. PERIOD! The IMF doesn't control the rate, Maliki has no control over it...  When the CBI says "The new rate is X", that's itNo approvals from Obama, no vetoes from Putin, nothing will change it. When the CBI pushes the button, it's DONE.  Now here's how it's complicated: The IQD isn't currently traded on FOREX. It's not a currency you can go to Wells Fargo or Chase and exchange at the counter. It's not at the Currency Exchange booths in airports, and you can't currently use it to buy bread at your local store.  But the IQD does have an impact on the bigger global picture. The world, at least the intelligent and aware portion, is well aware that the IQD is in existence and has the potential to create BIG waves in the global economy!   [post 1 of 2....stay tuned]

1-28-2016   Newshound Guru OOTW   "...al-Abadi said during a meeting on the sidelines of the Davos economic conference in Switzerland, which was held last week," There are a lot of corrupt who are trying to disrupt our efforts reforms, but they have not succeeded so far..."  HERE ABADI IS STATING THAT THE GOI  IS TRYING TO ADDRESS CORRUPTION, THEY'VE ENACTED NEW MEASURES TO DO THIS...  I'M GLAD TO SEE THIS AND THIS TIES MUCH OF WHAT WE'VE BEEN SEEING IN THE PRESS...CO-RELATED STATEMENTS THAT THE CORRUPTION IN THE AUCTIONS IS NOT BEING ADDRESSED BY THE CBI, REFORMS CANNOT BE ENACTED DUE TO THE LEVEL OF CORRUPTION, WE'RE FORMING COMMITTEES TO EXPEDITE THIS WORK, IT WILL TAKE TIME DUE TO YEARS OF ENTRENCHED CORRUPTION...MANY CONNECTIONS BETWEEN THE MONEY LAUNDERING AND LACK OF REFORMS BEING IMPLEMENTED.

1-28-2016   Newshound Guru Millionday
   THEY HAVE BEEN GIVEN THE REIGNS -- THIS IS HANDS OFF AND JUST MONITORING -- NOT DOING ANYTHING BUT MONITORING -- THE HELP TO GET TO THIS POINT HAS BEEN GOING ON FOR YEARS AND NOW THEY HAVE FORMALLY ANNOUNCED THAT IRAQ IS READY TO IMPLEMENT AND THE IMF WILL MONITOR...THIS IS HUGE.  IRAQ IS THEIR OWN COUNTRY AND CBI IS INDEPENDENT.   [post 2 of 2]

1-28-2016   Newshound Guru Millionday   Article quote:  "IMF staff will work closely with the authorities to monitor progress in the implementation of their economic program."   THE IMF STAFF WILL WORK CLOSELY WITH THE AUTHORITIES TO MONITOR PROGRESS IN IRAQ`S IMPLEMENTATION OF THE ECONOMIC PROGRAM -- THEY ARE READY TO IMPLEMENT ACCORDING TO THE IMF LAST WEEK.  THE ECONOMIC REFORM INCLUDES ALL ECONOMICS -- BANKS -- MONETARY -- FUNDING -- MARKET -- ETC.   [post 1 of 2....stay tuned]

1-28-2016   Newshound Guru Kaperoni   There is no revalue or overnight event...but a gradual appreciation based on the economic growth, GDP of Iraq. The process to raise the value is based on economic principals, not some arbitrary number. Most importantly, the dinar is directly related to the creation of a market economy.  So as the world comes to Iraq to invest (once the laws are in place), it will create an economic boom of sorts, and as a result of billions of dollars will begin flowing through the CBI's capital account to participate in investment projects, the result will create inflationary pressure in the country. When the CBI moves to Article VIII (which we expect this year to happen at or about the same time as the passing of the laws), and begins to float the dinar, the dinar will rise in value gradually to counter that inflationary pressure created from the influx of investors...it is absolutely necessary that the dinar appreciate in value as part of the process.

Sanction removal unveils Iran currency hopes, 28 JAN

Farah Khalique Published on: Thursday, January 28, 2016 Iran is emerging from the shadows to re-establish itself as a prime player in the Middle East. Moves are afoot to rid the country of its black-market exchange rate and develop a working currency forward market.

Iranians thought this day would never come –  crippling economic sanctions have been lifted, Western countries are welcoming trade delegates from Tehran to talk business and president Hassan Rouhani is signing billion-dollar deals for Iran to buy jets and manufacture cars. The future looks brighter for Iran and has piqued the interest of international investors.

Switch on money tap
Dominic Bokor-Ingram, portfolio adviser at Charlemagne Capital, believes "a lot" of investment is going to flow into the country, as Iranian companies start spending once again on capital expenditure. "They have been starved of an export route, but Iran manufactures things the rest of the region needs," he says. "Now that they can export again, we will see companies investing – that will be a combination of foreign money and also domestic money." Charlemagne Capital has teamed up with Iranian investment firm Turquoise Partners to launch the Cyprus-domiciled Turquoise Variable Capital Investment Fund. Since its launch in mid-December, the fund has assets under management of around €48 million from European and UK investors and is up almost 14%, according to Bokor-Ingram. Sky-high yields are what makes Iran attractive to investors – even just depositing funds in an Iranian bank account can yield real returns of 20%, due to high interest rates. Bond yields are nudging 24%, says Bokor-Ingram, and a dedicated wealth manager can achieve returns of about 30%, says Emad Mostaque, strategist at emerging markets (EM) research consultancy Ecstrat.
Stable rial

The simple carry trade – borrowing in a currency with low interest rates such as US dollars and investing in higher yielding Iranian securities – works only as long as the exchange rate remains constant. Oil revenues account for around 10% of GDP. Renaissance Capital forecasts a total $54 billion of export receipts and capital inflows to Iran in 2016, and perhaps another $10 billion in 2017, which it predicts will counteract falling oil prices. It also reckons the 8% annual average target of the government’s 2016-21 five-year plan might be achievable. Mostaque predicts the Iranian rial will remain stable, in contrast to neighbouring oil-producing countries whose currencies have come under pressure as the price of oil plunges to new lows. Iran has a diversified economy and is capable of exporting a wide category of goods, from steel, petrochemicals and fertilizers to pistachios, saffron and, of course, Persian rugs. However, market participants agree the rial's appreciation prospects are poor, and it might even fall in value.

Ramin Rabii, chief executive officer at Turquoise Partners, believes it will take a few years before there is significant foreign direct investment in Iran, due to years of sanctions and local bureaucracy. "Demand for local currency from foreigners will not be that significant," he says. "There will be some demand, but not to the point that [it can appreciate] in the next few months or years." The drop in commodity prices is putting Iran's budget under pressure, despite its diversified economy, and it might even be in the interest of the government to devalue the rial, predicts Rabii.

Clean up exchange rate

Years of punishing sanctions put pressure on the rial, and led to a black-market exchange rate. The official exchange rate, as set by the Central Bank of Iran, is approximately 30,000 rials to the dollar, but the black-market rate is closer to 36,000. The next step for Iran is to eliminate this dual system, says Rabii. "Now, the official policy of the central bank is to once again have a single rate after sanctions are lifted," he says. "In the first six months post-sanction, [it wants to] try to bring the two rates together. Whether the official rate moves up or the free rate move down, nobody knows." Charlie Robertson, EM specialist at Renaissance Capital and head of the macro-strategy unit, estimates they could align at 32,000 to 33,000. Furthermore, there is talk of the central bank developing a currency forward market. A well-functioning derivatives market can have a stabilizing effect on a currency and attract foreign investors, but Rabii says this has been in the works for a while. "They have been talking about it for years – as long as I can remember," he says. "If you ask me how optimistic I am [about this happening] in the next year, I am very pessimistic. This is more of a longer-term trend. It's not going to happen in the short term"
Sanction snapback
Despite the country's recent progress, investors remain cautious on Iran for a multitude of reasons, says Hasnain Malik, head of frontier markets strategy for MENA and South Asia research at boutique investment bank Exotix. Exotix does not market Iranian securities to its clients. "US sanctions are still there – they are just suspended – and there are significant restrictions from the US institutional investor standpoint from either travelling to Iran or getting through the hurdles to invest in Iran," he says. The threat of Iran breaching the terms of its nuclear agreement and being hit with a "sanction snapback" is a concern. The upcoming US election adds to the uncertainty facing investors – a win for Republican candidate Donald Trump would almost certainly be a loss for US-Iranian relations. Furthermore, it is not yet possible to have sub-custodian arrangements in Iran. Investors have to make do with Iran's Central Securities Depository, but international investors are accustomed to dealing with the local branch of global custodian banks such as HSBC or State Street. It is unlikely there will be a sugar rush of international money flowing into Iran, but market participants estimate between $500 million to $2 billion of foreign money finding its way into Iran over the next year.

IRR per 1 USD

S3A CHAT UPDATE, 28 JAN

Stage3alpha:

EXOGEN:  IMF IMPLEMENTS LONG DUE QUOTA REFORMS
http://economictimes.indiatimes.com/news/economy/foreign-trade/imf-implements-long-due-quota-reforms/articleshow/50750987.cms

BENY:  PEOPLE OF THE WORLD GREAT NEWS THE GCR REFORMS IS NOW ACTIVATED 

WE ARE ONLY ONE EVENT AWAY FOR RV PEOPLE   https://youtu.be/ITdHlwe2WBg

MARTHA UPDATE, 28 JAN

From Martha

Read this carefully but I believe the basket of currency was released and the GCR/RV is on its way.

From Reuters News:   China will keep yuan stable, communicate with markets: premier
http://www.reuters.com/article/idUSKCN0V61EA
China will keep the yuan "basically stable" and improve communication with financial markets on the currency, Premier Li Keqiang told International Monetary Fund (IMF) chief Christine Lagarde on Thursday.

TNT CHAT WITH IKO WARD BY OKROCKS, 28 JAN

TNT : 

GOOD MORNING... I AM WELL, JUST WANTED TO SHARE THIS WITH YOU
Iko Ward wrote So, nothing happened on the public side, no confirmations, etc. but the boardrooms are standing room only. Companies are laying off in droves. These layoffs are on local news but not the national media. Wonder why? These layoffs total over 100,000 so far and just this month. Companies like Johnson & Johnson

Iko Ward wrote And now there is evidence of an auto industry bubble. As one of our members said, if you can fog a mirror you can get a 72 month car loan. It's gotta stop or this country will once again see another depression.     
   
chuxy wrote Iko, please tell me what you are referring to in your first sentence. Thanks
    Iko Ward wrote Chux, we had six seperate proven intel providers all say it was going last night at 3.71. I'm still sitting home eating oatmeal.
     
7mmstw wrote Is any one else worried that the farther this reset is delayed, the more likely we will have to wait until after the US elections?....it's been "any minute" for months upon months...a few more ahead and the candidates are selected???     

Iko Ward wrote 7mm...the world economy is about to revalue. I don't think the other 189 nations in the IMF give a rats ass about the US elections. If Iran is now shipping oil that means the RV has occurred at the commodities level.      ------------
Iko Ward wrote Though it's disappointing we aren't at the banks this morning, the amount of supporting intel concerning the GCR/RV is staggering.      
   
Iko Ward wrote so is the news about layoffs and international business. They have now blocked out the entire coast of Iran on MarineTraffic. But i have confirmations from others using satellite tech that the northern gulf is full of ships

Iko Ward wrote The Singapore confirmation never came through. The 3AM announcement never came through. These were bits if intel from as high as it gets. EVERYONE thought it was a go, and maybe it has...

COdreamer wrote Iko do you think they would wait for all the US banks to open, including Hawaii?     
    Iko Ward wrote Co...anything is possible. That makes sense for a fairness perspective.      
         
Miryav wrote IKO DO YOU THING THAT SOMEONE IS HOLDING This UP ?
    Iko Ward wrote Miryav...not some one anymore...the planet is trying to get lined up.

Iko Ward wroteGuys, forget the Singapore intel. It didn't happen. May have even been a sting for all we know.

HUB UPDATE, 28 JAN

Got some info…we are there, hang on…that’s all…

 [Fair enough just wanted to know if you were serious…]

Serious as sin…how’s that. [Could you just give us a hint…like Next Month?]

 I don’t think my guy knows…his people are high up and he has no idea?

TNT CHAT WITH ELMERF123456, 28 JAN

TNT :
elmerf123456 wrote

IKO WAS RIGHT!

IKO was right!!!!  Iran: First Post-Sanctions Crude Shipments Set Sail  January 27, 2016 | 11:33 GMT Iran's first shipments of crude oil since the lifting of sanctions two weeks ago departed from the country's main oil terminal for Japan and China on Jan. 27, an unnamed Iranian Oil Ministry official said, Kyodo reported. Each of the tankers is carrying around 2 million barrels of crude, which is worth about $66 million, according to a source in the ministry. Iran cannot flip a switch and expect to pump as much oil as it once did!

God Bless Tony. The rate isn't the significant thing right now. The selling of oil legitimately is.

emon wrote

Elmer, may I ask if the rates are live in Singapore, what does that mean for us, how long will it take to show here in us

elmerf123456 wrote

Many are saying tonight. DC always said it would start in Singapore. We wait to validate.


elmerf123456 wrote

Reno is where the whales go and the Admiral.
elmerf123456 wrote

Thank you for letting me be part of the team.
Nissi wrote

elmerf123456..thank you for the okie update...I think it's kinda fun how he used to write us all and start with " GOOD AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS"...Hoping we are at the end
elmerf123456 wrote

I don't have that but I know IKO and others are tracking that info down.

elmerf123456 wrote

Folks things do look great as they have before. We stay grounded and see what pops out. We are experts by now.

elmerf123456 wrote

Sometimes staying lwxand being still creates the best outcome for hearing and seeing the best. That's what I've been doing.
elmerf123456 wrote

For what it's worth the Arab Union decided to take less due to the oil glut. I wouldn't place too much emphasis on the Iranian oil rate. Take stocktake they are officially moving oil and in the game!
elmerf123456 wrote

Truth is the rates will be higher but I don't want to cause any excitement.
elmerf123456 wrote

I will just say the fiction road is at an end and the reality road is here. Have fun. I will be back..., never left you really!
Redbird wrote

Elmer, do we still need to consider putting our exchanged assets into a MCA and purchasing Yuan, and other currencies

gma wrote

Redbird a good plan
Redbird wrote

Unless I hear differently, that's my plan.

elmerf123456 wrote

Reduced that's my plan if it comes out fiat. And don't move it back to had until the iAd goes asset backed. That's the key.

elmerf123456 wrote

God bless you all. Talk later.