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Tuesday, October 25, 2016

ADMINBILL UPDATE, 25 OCT

ADMINBILL:  TUESDAY, OCTOBER 25, (6:00AM MDT)
GOOD MORNING. MY THANKS TO RAGINCAJUN  FOR THE GREAT JOB OF BRINGING IN ALL OF THOSE NEWS ARTICLES EVERY DAY. FRANK AND MY LADIES HAD GOOD READS YESTERDAY THAT SHOULD BE SCRUTINIZED BY ALL. I HAVE NOT TALKED TO ANYONE THIS MORNING.

WHEN I DO, I DO NOT EXPECT ANY EARTH SHATTERING NEWS. I CONTINUE TO BE TOLD THAT BANKS ARE EXPECTING MOVEMENT SOON BUT THEY THEMSELVES ARE SO IN NEED OF STABILITY SOME ARE SIMPLY HOPING AS WE ARE.

IN MY OPINION WE ARE NOT THERE YET CONTRARY TO WHERE I, AND MANY OTHERS, THOUGHT WE WERE JUST TWO WEEKS AGO.

THERE APPEARS TO BE A NEED FOR FURTHER CONTROL OF MOSUL AND SURROUNDING AREAS, ADDITIONAL ACTIONS FOR IRAN AND THE USA ELECTION CYCLE COMPLETED.

STABILITY IN THE USA CONGRESS AND PRESIDENCY SURELY IS A KEYSTONE. WITH THE POLITICAL POLICIES SO COMPLETELY DIFFERENT BETWEEN THE TWO CANDIDATES HOW CAN ANYTHING BE CONCLUDED NOW THAT COULD BE UNDONE EARLY NEXT YEAR?

THAT IS MY MORNING UPDATE FOR TUESDAY.


LadyZ:  RC thank you for all your hard work keeping us informed. Do we have any good news this morning.

RaginCajun:  LADYZ- DID YOU READ FRANKS NOTES FROM HIS CALL LAST NIGHT, VERY ENCOURAGING
ECross:  GM All! Sooooooo, are we still looking good to go by Nov. 1st?

RaginCajun:  ECROSS- I'M LOOKING FOR IT ONCE MOSUL IS LIBERATED AND FLAG PLANTED IN THE CENTER

Scotchie:  Yes, Ragin, once the flag is flying, the government is made full, and the budget is passed

RAginCajun:  SCOTCHIE- IMO THOSE THINGS ARE WAITING FOR THE FLAG AND BAM

KLS:  RC: GM !! I like F26 CC...things are happening...moving forward...he things they will bypass the 1:1 (they are operating with transition rate) at least we won't see that happening in country.

WSOMN UPDATE, 25 OCT

SiliconVallyGary:  BILL, I HAVE SOME INFORMATION ABOUT THE ZIM, WOULD IT BE OKAY TO SHARE?

THE FOLLOWING INFORMATION IS FROM SEPERATE SOURCES THAN ADMIN BILL AND NOT PART OF HIS REPORT:

The main screens at Wells Fargo exchange centers are showing ZIM RATES at little over a dollar. There are four sets of rates. The market rate is the lowest, which was what was showing on the afore mentioned screens.

However, there are other rates available to people as appropriate for their goals, abilities, and resources.


AdminBill:  SVG - SOUNDS RIGHT


ADMINBILL:  I HAD A QUICK PM QUESTION FROM A MEMBER ASKING ABOUT WHETHER IT WAS REQUIRED TO BRING YOUR SPOUSE IN FOR THE EXCHANGE AND FOLLOW ON MEETING.

 I AM NOT A LAWYER SO YOU MAY WANT TO CHECK IN YOUR STATE.

 COMMON SENSE TELLS ME THAT HE YOUR SPOUSE IS NOT ON THE PURCHASE AGREEMENT HE/SHE DOES NOT NEED TO ATTEND.

SunniDaze:  ADMIN I THINK THEY DO IF YOU ARE GOING FOR THE HIGHER RATES AND SIGN AN NDA

ADMINBILL:  AN NDA WILL BE A PART OF YOUR EXCHANGE

SDTradeRunner:  Sunni I agree I am thinking that if we are signing a NDA i am also having my kids come. two are over 18 and the other one is 17 but I will have them attend the meeting

SunniDaze:  ST YOU HAVE THEM SIGN THE NDA LATER I DON'T THINK YOU NEED TO TAKE THEM AND IF THEY HAVE CURRENCY THEY HAVE THEIR OWN APT

SiliconvalleyGary:  That's my understanding as well SUNNI

SiliconValleyGary:  There is no requirement for your spouse to be in attendance at your exchange. As Admin Bill said, there is a sense of urgency around the completion of your exchange. Being considerate of children, shared responsibilities of spouses, possible issues between spouses, and various other factors mean your spouse does not have to be in attendance.

Gretah:  As a "just in case" statement - investments purchased with family money might have a requirement for both spouses to sign the IRS form.

SunniDaze:  THERE HAS BEEN SO MUCH DISINFORMATION OUT THERE ….THIS IS EASY PEAZY… AND I GOT THAT FROM THE HORSES MOUTH…. LOL…

WE HAVE NEVER BEEN THROUGH ANYTHING LIKE THIS BUT WHEN IT IS OVER YOU WILL GO …..WHAT A PIECE OF CAKE

KTFA CC NOTES EXCERPT, 25 OCT

KTFA Conference Call  MONDAY, OCTOBER 24, 2016

FrostyTheSnowman:  Here’s tonight’s HIGHLIGHTS ...

*** 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!!! ***
 
Tonight’s call began by playing three Christmas Carols:
 
#1 – “White Christmas”
 
#2 - “It’s Beginning to Look a lot like Christmas”
 
#3 – “Chestnuts Roasting on an Open Fire”
 
Frank26:  What is the CBI doing?  Can you keep a secret?  It seems to me, that those inside of the CBI are keeping good secrets – (the best that they can).


here are things occurring behind the scenes with the Monetary Reform.  There is movement of “stuff” that Iraqi citizens need … hammers, computer, rice & beans.
 
IMO … countries are interested in doing business with Iraq … and Iraq is paying them … maybe the IMF is paying them … the international world is doing business with Iraq … and they are paying for their goods.  WHOA!  Do you understand that?  Are you with me?  Are you listening?  IMO -- if that is true … if the international world is gaining confidence with Iraq and the new ministers working with Abadi.  Do you think the WTO and World Bank is watching?  Are they impressed?  Can they pay their own bills? Humm.
 
A week ago, Sunday at 3:03 am Iraqi time … there was the “start” of the operations of Mosul … but I would say it was also the start of international business because they were put on a WHITE LIST.
 
I believe that this TRANSITIONAL RATE that is being used … (not in front of our eyes, nor the CBI … because by law, they would have to tell you they are) … is being used … to bring in these goods.
 
Remember … within 10 business … (normally 30) … there would be some needed info passed to the IMF or in increase in the rate to qualify with what they are doing within their budget.
 
May I suggest … there may be a SWAP … not of currency … but of an EXCHANGE RATE … within the SwiftNet system.
 
IMO -- the SwiftNet is a using a derivative … (we think) … within the next 10 days … to do a CURRENCY SWAP with the rate of the IQD against … (possibly) a basket of currencies.
 
And that’s the end of our conference call … thank you very much for coming … because that in itself would be more than enough to share with you. (just kidding)
 
Please take these “suggestions” to God in prayer.
 
Watch them.
 
Watch them possibly become real.
 
The citizens needed to trust the banks … but the international banks need to trust Iraq and their government. 
 
From black, to gray, to white … (the list) … it means they are UNRESTRICTED!!!  We told you this!  This is the freedom of movement and possibly within their capital … all IMF requirements.
 
    The Credit Rating
    Security of Corruption
    Money Laundering
    Financial Terrorists
    Legalities, Laws, ICC
    Banking Structures & Standards
 
These are NOT just movements so they can just play Tittle-De-Winks!
 
This is the Monetary Reform begin born in front of your eyes!
 
I believe that a countdown with the IMF started around that time.
 
We (non-Iraqi citizens) will probably never see a 1 to 1 rate … because a Transitional Rate (TR) may take it well past it!!!
 
The CBI and our CC Notes … are finding commonality.
 
Please remember … the CBI … does NOT have to tell you anything.  They do NOT owe you an explanation whatsoever.  It should be so.
 
Delta sends his regards and love.  He sends his patience.  He studies the CBI website for us … reads every article … interrupts them.  He pays attention to the spreadsheet … shows key numbers … projected rates … but some fields are blank.  Projected rates show 14 to 15 cents … but the 2016 is blank.  Now, some are no longer variables … they are now derivatives.  So many things … and all before November.
 
We believe the Abadi and Saleh are sending confirmations/documentations to the IMF within the 10 days that we talked about --- which are coming to a close … all BEFORE November.  IMO --- all an indication of their financial reform.

IMO -- each member of the IMF needs verification … before any change in rate … to be completed before November.

IMO – that includes a rate change … that deals with contract goods.

The letter to the IMF lets each member within the IMF knows of the rate.  The IMF cannot finalize the agreement with Iraq until they see documentation.

I told you, I don’t think we’ll ever see 1 to 1.  They might surprise us all with the international rate when it does come out.  In the ‘70’s and ‘80’s, it used to be around $2.80.  When Saddam took over, it was over $3 … and the Gulf Currency is launching around $2.60 to $2.70 … which is a fair number to start at.

We believe that the IMF may meet on the 7th of November to see if Iraq completed all they needed to do … but IMO … meetings are ongoing now.   The CBI will not be involved in any of this because they can keep a secret.

Please understand derivatives I’m not going to be your math teacher.  IMO -- variables that are now derivatives.

Mosul is still with/without the liberation … but the IMF does not care about Mosul. 

The IMF is in business to make money with Iraq.  There is no profit at a program rate.
 
The IMF does not care about 2017. 

IMO – the MR consists of the RI … and that is for the IMF.

The international world which consists of the Economic Reforms … which is the RV --- (which is not a part of the IMF).

I believe that the RI is for the IMF which is part of the MR. 

The RV is for the international investors.

This will be the FINAL letter to the IMF within these 10 days. 

It will give the IMF a good idea of when Iraq will raise the value of their currency.

Give us Fallujah … and you have the ECONOMIC REFORMS.

Give us Mosul … and you have the MONETARY REFORMS.

IMO -- I believe that we are within 1 to 2 clicks outside of Mosul. 

Therefore, we are very close to the center. 

Right now it is the Kurds Army that surrounds Mosul … that is exactly the way it should be.

The most important thing about Mosul right now is … the “CENTER.”

The CENTER … if all of Iraq was like a bulls-eye … I believe that the center of Mosul is the bulls-eye itself.
Playback : https://www.freeconferencecallhd.com/playback_rudd/?n=OTQCw/uwgOv 

ADMINBILL UPDATE, 25 OCT

ADMINBILL:  4:25 PM MDT

GOOD AFTERNOON ROOM. LET ME SHARE WITH YOU MY OPINION ON THIS RAINY DAY IN UTAH. IT IS SIMPLY THAT I AM NOT HEARING ANYTHING OF SUBSTANCE AT THIS POINT IN TIME THAT LEADS ME TO BELIEVE WE ARE NEAR AN RV THIS MONTH AND PERHAPS THE REST OF THE YEAR AS WELL.

THE NEWS STORIES FROM THE USA AND IRAQ DO NOT INFER AN RV IS IMMINENT. I DO NOT SAY THIS TO BRING ANYONE DOWN BUT TO SUGGEST THAT YOU DO NOT RIDE THE UP AND DOWN ROLLER COASTER.

THIS IS NOT DOOM AND GLOOM. IT IS THE REALITY OF LIFE. I WOULD BE HAPPY TO WRONG BUT I AM NOT HEARING ANYTHING THAT SUGGESTS AN RV IS HAPPENING THIS WEEK OR NEXT. COME ON PEOPLE. MY SAYING IT WILL HAPPEN SOON WILL NOT MAKE IT SO.

DRL:  Admin Bill, can you elaborate on what brings you to this conclusion?


ADMINBILL:  IT IS CALLED SAME OLD STUFF WITH NOTHING NEW AND NO RV WITH LOST OF NEWS FROM IRAQ AND THE USA THAT DO NOT LEAD ME TO BELEIVE ANYTHING CAN BE DONE UNTIL THAT HAS BEEN COMPLETED. SIMPLE LOGIC AND MY OPINION ONLY.

Evenstar: well when Kuwait revalued their currency, bad and discouraging news came out the day before………maybe today is our “downer day” and tomorrow we will get good news

*************

Wizofog14:  Hey everyone. Can anyone help me understand why Mosul is important? Will we have to wait til after they free the next city after Mosul and so on

Scotchie:  There were 65 banks under control of ISIS, the last count I saw. CBI wants them out. Iraq needs to become a soverign nation again.

Scotchie:  The first reading of the 2017 budget took place in Parliament today. It will not be in the Gazette until voted on and approved.