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Tuesday, December 22, 2015

KTFA Monday Night CC Notes 12-21-15  Part 2

Part 2:

Frank26:  On December 12th or 13th Abadi came out and told everyone, he said we are going to activate our banks and our reforms and we simply need the calculations….we just need the calculations….

Family once again I’ve said it…Iraq is waiting for the international standard….the new rate….even the CBI is waiting on this international rate to come up with the right pricing right….they have the codes for the taxes and tariffs that are activated……the IMF, BIS, US….let’s just call them the BIG BOYS…..

The BIG BOYS work on these calculations….and once those calculations are done the international world will welcome Iraq into their club. Yesterday I joined a new club…..I turned 60 yesterday and I joined that club....had to turn 60 to join. Iraq has two things to join their club….remember that.
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Look the IMF right now is doing the calculating with the BIG BOYS…the IMF needs 85% of the IMF organization for approval for Iraq….you think they have 85%.....oh heck yes….why……

Because the IMF is a club of BIG BOYS and maybe 12 families…..and you know….I believe it is being calculated now to be released….the 1182 was done for compliance….and to make the USD more expensive to buy in Iraq….and it worked….it was an inflationary measure….they have no inflation…..they qualify for Article 8…..who has the numbers….the BIG BOYS….next question.

1182 is a prelude to the LD’s…..my TEAMS and you KTFA students we still look for the pendulum auction swing….we are very sure that pendulum swing is going to be very low.

You ready for something else…..remember when DELTA said 10 cents……no….remember when ITEAM said 40 cents….no….remember when I said 1 to 1…..no….that is when we will first see it….this is when you need to focus and right everything down…..the calculations were not satisfactory at 10 cents or 40 cents….all of this is IMO….we have come to my conclusion that after Saturday we have determined there will not be a float…..it’s not going to be 10 cents or 40 cents….it will not a float…..it will not be a gradual float….family it will be 1 to 1.

The next thing we study as a TEAM is an entity that will make an announcement on behalf of Iraq for their monetary reform….this may be an announcement given to everyone BEFORE the RV….or it could be an announcement AFTER we know that they have RV’ed……there is a difference between BEFORE and AFTER….notice my words.

Now will they apply Article 140….what…..oh the gurus aren’t talking to you about Article 140.

Ok, I’ve told you the swing, the direction, low, the announcement before or after the RV, will they apply Article 140….that is in their constitution….the Kurds are happy right now…but on Saturday there was an issue…..we don’t feel it will be anything negative….it dealt with an area…..an area near Kirkuk…..the Peshmerga Army liberated this area, so the Kurds believe the area belongs to them….they don’t want to cause problems….they know it is about to happen…..they know the currency has their language on it…..they don’t want to cause problems but they brought this up for discussion…..I don’t care what is said…I’m just giving you what we study….look Iraq is doing studying the calculation for their new international rate.

They looked at 10 cents, at 40 cents but none of this works…..they continue to study and looking at the 1 to 1….so can you see this…no….what we can see is the shadow effect….the LD’s……in what we’ve already taught you about…the swing….the pendulum….then you walk into the next step…an announcement….don’t forget the lag period too.

The real reason IMO…..the 1 to 1 works to help ensure that ISIS is choked….remember we’ve told you middle of January oil prices will explode…..look prices at the pump should be below a dollar….but they have to make a profit….enjoy the prices you have now…..

I’m telling you after the calculations are introduced and the LD’s are introduced…..in the still of the night….there will not be a float….they talked about….even made a root beer float but didn’t like the taste….when will we get the oil prices back up…..middle of next month…..when will we get the T&T’s up….near the first of the month…..oh to heck with it….just 1 to 1 works…..hey Iraq are you buying 1 to 1……what did I tell you they await a rate….we are in control.

Tell me you’ve heard all of this before…..we just fight for them that is all.

There was much rejection for all of these things…..here is the tricky part Family….1 to 1 is the RI…..this is probably a 7-14 day period and we may be half way through that period…then in about another 7-10-14 days it will hit the global international exchanges….the RI….once it does then we will see the RV….allowing the 1 to 1 to grow internationally…..I don’t think we will see 1 to 1….I’m not saying they are hiding the 1 to 1….we just won’t see it….because it belongs to Iraq.

A rose is a rose is a rose is a rose….is that too many roses….a dinar is a dinar is a dinar….in country…..hey what is that in your hand…..a dinar….what is it worth…one dinar….oh it’s not worth 3 dinar….no….one dinar….you have to understand this Family….you must understand…..inside of Iraq there is an RI going on….the calculations are being done now…then the pendulum swings….TA-DA…..get your butts in here, it’s 1 to 1….what….really…..our currency is equal to the USD….well I’ll still use my USD…..why….well it is equal….hmmm….ok what if we make it 1.20…..oh really ok I’ll be right in…..the citizens will come in to exchange their USD for the Iraqi currency…..they will bring in a lot of the USD……wanting to sell the USD for IQD…..this was a gift two weeks ago from my TEAMS to you…..today….TA-DA.

It’s an interesting state of events no doubt…..especially for the 31st into the 1st….you see Dr. Shabibi wants to give purchasing power to their currency…..the citizens use the USD…..so they give them 1 to 1….but they hold onto the USD….so they give it just a little bit more…so they will use the IQD…….one dinar is worth one dinar only if you exchange it for a foreign currency…..does it have a different value inside of Iraq…..no….what does it have when it is 1 to 1….it is called purchasing power……there is no confusion…..simple math….DELTA kept telling us this so there would be no confusion. What is the USD worth in America…..oh let’s see….one dollar…..so the IQD in Iraq will be equal to one dinar in the country.

Oh I see….so let me illustrate this to you how it will be different for us who live outside of Iraq…..when it hits the global exchange…..let me introduce myself….I’m 1 to 1….how do you do….get yourself out here….see outside of Iraq we will knock you silly with a different value….you see outside of Iraq it depends on what foreign currency you want to exchange your IQD for…..if you exchange for USD you will gain…..

if you want to exchange for Zimbabwe dollars….then you will lose……so….it depends on what currency I exchange it for…..well I’m an American who wants to exchange….well there will be a profit….the Iraqi citizen holds the IQD and has purchasing power….but with us it is a capital gain which depends on which foreign currency we exchange it for……remember I’ve told you some currency exchange will go up, some will go down….remember these keywords.

By the way I love you….you know that in the name of Jesus Christ.

You’ve learned so much tonight…you outside of Iraq….you inside of Iraq 1 to 1…up to maybe 1.20…but you outside of Iraq what allows you do to that….Executive Order 13303….isn’t that the same thing that the same order that says that the US would not pay a single penny for the war in Iraq….the same way we didn’t pay for the war in Kuwait….the same way that Clinton balanced the budget and paid off deficit…..the same that allows Obama is balancing the budget and paying off some deficit now.

WSJ today……Cheer Up Americans Obama’s Legacy Can Be Erased….it’s a huge article whole page….fascinating…..depending on which foreign currency you exchange for some will give you a profit but others may give you a loss.

Now we may not see the 1 to 1 RI until it hits the global exchanges…but once they hit the global exchanges…..they qualify for the RV…because they qualify for Article 8…..that RV will be 7-14 days afterward give or take weekends……then we will see a different rate outside of Iraq…..the 1 to 1 will go to whatever……IMO….especially now that we know they won’t float it….Iraq gets it’s purchasing power……the international world gets an IQD with an international value…the whole purpose…..job well done….all this makes Iraq Article 8 compliant….and internationally accepted.

All of this has to do with many factors….one we talked about an inflationary factor that is a plus for them….they won’t hide the 1 to 1 they just don’t advertise it……good God you don’t know half the things they do until we bring them to you….one day we will wake up to the RV….until then all they do has to do with their purchasing power being given to the citizens….but they feared this…..so we think they will tempt the citizens with just over 1 dollar.

It is insensitive to use the IQD…..they need to become a sovereign country with their own currency…..by using the IQD it creates stability for them….purchasing power for them….capital gains for us here in the US.

Now if they do something with the money on January 1st I would not be surprised, what they do now is so simple and basic…..we won’t see anything until 14 days….January 14th or 15th…… then it should be our turn….globally and internationally….all the markers….the pendulum swing….the announcement that is comeing….the 31st and 1st….the trifecta….what comes after that…it could be 7 days, 10 days…..could be 14 days…or even right way…..today ITEAM called it KISS……Keep it Simple Stupid…..don’t mess this up….the internet is looking for other things….China…whatever….whatever…..but remember we have it Family.

DELTA comes in.

DELTA tell them what you found out.

DELTA: We found many things out….this announcement today….a lot of you that don’t know about this article it was on the CBI website in Arabic….but all the newspapers and all the media are talking about it…..this memo I believe is dated the 20th…this letter from the CBI to banks, money exchange companies and private banks…..they are talking to these institutions we are working on the calculations of the exact exchange rate…..it is in Arabic and says all of this….this memo they sent this memo back on May 10, 2015…..based on the previous memo….the exchange rate is still under study and as soon as we get the results we will tell you about it.

Frank: That is what ITEAM told me….they are waiting on the calculations of the rate…..I’m going to go pass out…you keep talking about your report.

DELTA: This memo on December 20th……and then a memo on December 17th…..mentioned the memo from May again…..they mention they work on the numbers that must be accepted internationally…..as soon as we get the numbers we will tell you and everyone will know and they will announce it to the world…..I couldn’t explain all this to the Forum so I decided to come to the CC tonight……the original memo was dated May 10th…..working then on this situation.

Mentioned something about a transitional Article 14 from the IMF…..the time is right….the international community……Iraq must be tradable at the international level…..Iraq does not control their exchange rate….they can do what they want in Iraq….but internationally….others have control….the US has the most control of the IMF……so who is in control….the US.

China is now in the basket….for the first time now in many years US has exports sanctions lifted on oil……the CBI is waiting for the numbers….we don’t believe they have the numbers….but it doesn’t matter….the rate in Iraq doesn’t matter…..I do agree with you Frank they have changed the plan….moving to 1 to 1….this makes sense…..or maybe higher to provide incentive for the citizens to come in…..remember several years ago the government talked about a rate slightly higher than 1 to 1…..the IMF is who controls what things do internationally though outside of Iraq.

Remember Dr. Shabibi was the one who said they wanted to the IQD to be at the levels of the ‘80s……for us it will be internationally recognizable…..but this memo is the huge thing that confirms they are waiting on the calculation to be done……everything we believe to be done except that calculation….anything less than a 1 to 1 rate would simply cause confusion with the Iraqi citizens.….just as Abadi said on the 10th.……we are ready to activate things for the economy.

Just to let you know they can’t activate the banking system in Iraq unless they are internationally recognized….the ki cards….and so much that we’ve seen from them all need the international recognition….the calculation that they wait for now.

This is very good as an indication that something is about to happen, either late this month or by mid-January.

Look for a new operational rate to be published on the 29th.
Don’t forget Family that when the rate was 1166 the CBI would sell to their other banks in Iraq at a 1187 rate, that was their commission…..so now they make less commission on their sales today….they simply cut into their profits….limiting them now to 3 to 4 dinars profit.

Talked about the 2%....stating that he doesn’t believe it applies or that they got an exception from the IMF….was unclear here and hard to understand….the 2% is a difficult thing to control.

Remember everyone did not expect the US to approve China in the basket, but they did…..looks like it is all going smoothly.

Abadi, and everyone is waiting on the green light to conduct international business.

What if nothing happens by the first or second week of January….they have to have done something….the IMF cannot allow this to continue going without making a change…..they simply await the IMF calculation.

This all provides us with more and more confirmation of what is happening and what we are looking forward to in the coming days.

Frank: I’m exhausted mainly from the excitement and trying to keep things sane….we have to stay focused…..this is the ME…..but as things move along it is almost as if things are automated moving from the RI into the RV.

What we have just released is so overwhelming….the Internet will hear your translation….they will hear ITEAM’s evaluation of the next steps that we should be seeing….this conference call is so deep.

DELTA let me offer my admiration to you and my love for you….you are very astute….one day I called you a couple of years ago….I called and asked if I could get personal with you…..I asked about your education…and we both opened up with each other…..I’m excited to do things with you in the future….your consult, wisdom, and vision is very important to me.

DELTA: I feel that God has brought us together here with our KTFA Family for a purpose….we are far more than just friends…..I would like to tell the Family that we understand how it is difficult and hard to have patience….think of what it would be like if you didn’t have the dinars……this is one of the best investments you will have been involved with.

DELTA mentioned flying with a Wells Fargo employee once…..a wealth management officer for the bank….he said he knows about currency…..DELTA mentioned the IQD and the man said scam…scam before DETLA could finish his sentence…..so DELTA asked if it was possible for Iraq to come up to one penny….the man said it was possible…..so then your 1,000 investment would be worth 10,000…..oh how do you know all of this he asked DELTA.

Dismissed with a prayer.


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