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Tuesday, May 12, 2015

KTFA's Frank26 Monday Night CC Notes Part 2

Post From KTFA By FrostyTheSnowman » May 12th, 2015, 4:18 am  •  [Post 106]

KTFA MONDAY NIGHT CC 11 MAY 2015   Part 2


QUESTION from forum member 

“Do you think they will give us control of the new rate without the control of Mosul? Nine million citizens are in Mosul and there is a Central Bank there. I don’t see this until they get control of all of these banks.

In the last interview with Dr. A … he said that he didn’t think he’d do anything until after Ramadan.”

It’s important that you understand … you should watch this video: 
~~~
This interview is between Dr. Abadi and an American reporter -- back in April … talking about Mosul … where Dr. Abadi was asked … “Do you think things are going to improve in Iraq?” Dr. A said “they are working on it … and our military is taking back Mosul.” 

Pay close attention … because he is give you a projection of the monetary reform and the budget … beause the MR and the budget are in bed together. 

During this interview … the interviewer said … “Do you think this (improvement) will be accomplished before Ramadan?” Dr. Abadi hesitated … he looked in many directions … and finally said … “yes … I believe this security will come after Ramadan.”

Our people … believe that he was … lying. 

The statement he made about Iran … he’s lying. (Based on eye movements)

He was very uncomfortable. He lied several times … he twitched when he said the US troops were involved.

What I’m trying to tell you … is Dr. Abadi … (based on intel from our teams) … this man (Dr. A) is giving you a projection of the MR and their budget.

There will not be an RI nor an RV until all of the banks that belong to the Central Banks of Iraq … especially the 2nd largest bank [Mosul] feel that they are secure and ready. 

Secure Mosul … because it is intertwined with the CBI and the monetary reform.

Dr. S loves the CBI and the people of Iraq … and he wants them all secured. 

It’s getting done in miraculous ways! It is being done. 

His body language tells you that they will get it done before Ramadan we feel.
You need to focus on the fall of Mosul … when they start … and when they tell you when it is clear.

Dr. S has a green light. This is amazing. It is connected to the MR. 

Abadi is literally laying out a map in that video.

9 Million people in Mosul? 

You might as well be talking about Baghdad.

Mosul is connected to the CBI of Iraq … NOT the MR of Iraq.

You’ll find out more soon. 

We feel that they will get it done before Ramadan.
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Once they tell you … it’s because it’s taken back already. 

They will tell you that tomorrow.

Newshounds bring me everything you can on Mosul.

In the same process Saudi Arabia says they will cease-fire for 5 days (tomorrow).

BTW – Iran … you need to get out of Iraq.

All of you middle-east countries … they are all mad because of what O is doing with Iran.

They’ve all told O where to go.

Tomorrow I will bring you more.

TopShelf … are you there?

TOPSHELF:   Yes. Just so you know … we have some people who have been trying to figure out the spreadsheet.

Just looking at the spreadsheet … if you don’t understand what the numbers mean … and you need to realize that there are numbers that are not on the spreadsheet that you don’t know (or can’t see) yet.

It’s becoming sort-of overwhelming of all of the people who believe they’ve got it figured out.

I told people LAST WEEK … don’t look for something to happen over the weekend (last weekend).

Don’t think that the people in Iraq are sitting there and thinking about how their dinar will convert to USD.

When the dinar goes … at those prices … think about this … I know what’s in the spreadsheet … if you were in Iraq and the dinar was worth more than the USD … what would you want in your bank account?

The stories that some people say they’ve been paid … I strongly disagree.

There are so many leaders in “dinar-land” who believe that everything they need is written in the articles.

Many people just don’t understand. 

Please don’t get caught up believing those who say this is going to happen every single day.

It is irresponsible for people to say that.

Please be careful. Hang onto your dinars … this isn’t going to take long.

We talked about this month ago … it will happen.

FRANK:   Thank you TopShelf for putting out that report … the report that you [TopShelf], BackDoc and Frosty worked together regarding assets and core samples in Iraq. It’s amazing.

TOPSHELF:   Regarding oil … I have a family member who works for one of the “big-boys” … and they have trillions in reserve. This is just finding it’s way out to the public. There are stars all over the place … walking in Iraq … you either find black-oil … or the yellow-oil [gold]. 

They have even more than they thought. 

Technology and extraction costs in Iraq … the people in that country benefit. A country only get a certain period of time to extract things … that is limited.

FRANK:    The assets are amazing!

** NOTE ** some audio portions of Delta’s report did not render well. Please refer to the playback link **

DELTA:   Greetings family!  I’m so excited … a lot of good news!  I’m going to cover bonds so that you understand what is going on.

Just so you know … the bonds issue in Iraq is not new … it was supposed to take place back in 2014 

Remember when Turki said they were going to come out with bonds … but it kept being postponed … due to credit issues.

They are doing two types of bonds … International and Domestic.

DOMESTIC will be in dinars … only Iraqi banks can buy those.

3 or 4 days ago I posted a link about bonds … looks like they are in the process.

About 2 or 3 months ago … article … March 24th … we all knew this process could take 4 to 6 weeks to get the credit rating.

Because Iraq is under Chapter 7 … for them to issue International bonds … they have to have a credit rating … a guarantee to those people who would want to buy them. The investors need some guarantees to know that their money is secure.

They must have a credit rating to sell the bonds.

Standard and Poors … one of the requirements … to get a credit rating is that your currency MUST be international! That is a fact.

If you re-read what I brought in … one of the points about getting a credit rating is they must have an International currency – which is Article 8 

Everyone is waiting in line to get the rate.

They must come up with a rate that is agreeable with the IMF (not 1166) – something this is agreeable for everybody.

They need money!

Iraq is having a BIG, BIG problem with liquidity … they have no cash in hand and they need to sell those bonds ASAP!

The maturity of those bonds is in 5 years (2020).

Ok … now let’s talk about the 50,000 and the 100,000 dinars.

The head of the financial committee … the exchange rate … what do we need to move forward … as fast as they can?

Please understand … the governor of the CBI can’t just come out and explain exactly what they are doing.

They are doing an excellent job of confusing people.

Iraq CANNOT come out with a 50,000 or 100,000 dinar note! 

Why? 

In order for them to come out with a 50,000 dinar note … they would have to have an inflation rate of 30 to 40%.

You don’t do that when your inflation rate is like 1 or 2 percent.

Why would you spend the money to produce a 50,000 dinar note … when you already have the same thing with just two 25,000 dinar notes? 

The plan is to print 50, 100 and 200 dinar notes and introduce them to the market … but before they do that the rate has to change first!

The 50 dinar note … after the revaluation will be worth around $43

The new 50 dinar note and the 25k notes will coexist for a while.

We all know that 95% of Iraq is using USD and the other 5% live check-by-check.

So they will come up with a 50 dinar note … after they revalue (.85) after they drop the 3 zeros … 

Example: If an Iraqi citizens salary was 1 million dinars a month … (at 1166) that’s going to be about 850 dollars.

It is impossible for Iraq to introduce a 50,000 or 100,000 dinar note!

If they did … no one would buy their bonds!

Everyone is waiting for the rate.

The window of opportunity we are studying is before Ramadan - June 17th 

Iraq must be in Article 8.

They have no money.

Waiting for the bonds to get sold.

We are very, very close.

We know they have a holiday coming up on Wed/Thursday. 

In my opinion … nothing will happen this week due … (I hope that I’m wrong) … but due to the holiday this Wed/Thurs … then starting next Sunday we should start hearing something.

Don’t believe any of the articles coming up.

They have over 120 TV channels and over 100 newspapers.

Don’t panic!

The IMF, the World Bank … Iraq must lift the 3 zeros or Iraq is going to collapse!
FRANK:   Why did we talk about the bonds?

This is how a country pays its bills by selling bonds.

We sold bonds to pay for the war.

Please don’t panic family!

This blessing is coming!

Bonds are a solution for no liquidity!

TOPSHELF:   I have 3 final things … should take me 30 seconds to a minute.

Understand … they are using the “deleting the 3 zeros” for different things.

There are numbers … February 20th to April 5th … they would show you the numbers IF it wasn’t a big deal.

There is NO WAY there will be a 50,000 dinar note!

Today … compared to the future … a 50 dinar note will almost be worth a US dollar.

The way they disclose this … we gave you a 50 dinar note … but it’s at a higher value … purchasing power.

A dinar is a dinar. Period.

There is NO WAY they are going to come out and make their currency INTERNATIONAL by using 50 dinar notes to do it. It doesn’t work … it’s not a part of the numbers … not part of the MR.

The value of the bonds are there!

You don’t have to understand all of this … just don’t give up your dinars.

This is not going to be dragged out very long. 

I don’t believe they are going to wait for a holiday.

Many countries are selling bonds.

When they do this … you will see a new 50 dinar note with new value / purchasing power.

Don’t get confused with the 3 zero notes.

Please remember this … when I talk about bonds … look back at November of 2013 … people laughed at me about the price of the bonds. Well … the maturity date has come.

The bonds have been in play … they’ve been going … certain dates have come.

They are just doing what they need to do to increase their purchasing power.

FRANK:    I’m NOT going to sit on a blue couch … this is NOT a dream … but one of our sources … (came to us about a year ago) … and they were involved in writing the laws and bylaws for the CBI. The charter for the CBI.

That person … called recently … and said it was interesting how you came up with that AREA CODE … and that person what with CL at the IMF … working on these bonds … and that was the AREA CODE that was in there. (391 & 393). 

Apparently we are interrupting the spreadsheet correctly? WOW! 

DELTA:   They are not talking about Trillions anymore. They are stating Billions. (Dropping the zeros) 

FRANK:    What if the CBI was a “mother” … don’t you think they would want to take care of its children? (In other words … the other Central Bank branches in Iraq). The other branches need to be completely secure.

TOPSHELF:   Based on security … they wouldn’t be publicly talking about it … it they didn’t have it done already.

DELTA:   The CBI has done an excellent job based on all of Iraq’s problems. There are so many tribes, etc. It’s amazing what they’ve done when they work together. 

FRANK:    Family … we are looking for Article 8 to be removed. BONDS when sold by a country equal the elimination of a currency’s exchange rates 3 zeros and in increase in that country’s liquidity. 

Look at America’s history … and the denoms we had at that time … all of the sudden disappeared. 

DELTA:    Get ready for Hawaii! 

FRANK:   These bonds are important.    Let’s see when they tell you … (tomorrow) … that they are invading / attacking Mosul.   CC ended in prayer


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