Aggiedad77:WOW....what a call last night, hope you can make some sense out of 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 Monday Night 02-01-2016
Frank26: It is time to switch to the second part of our conference call, our investment. We have a lot to talk about tonight….what I am going to share with you….first of all we will obviously cover the things you know about….the things you read about…..the things we posted about….things that WalkingStick brought to you…..AND….we are also going to fill in many gaps….giving it to you of course as I always do….IN MY OPINION
....
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 Monday Night 02-01-2016
Frank26: It is time to switch to the second part of our conference call, our investment. We have a lot to talk about tonight….what I am going to share with you….first of all we will obviously cover the things you know about….the things you read about…..the things we posted about….things that WalkingStick brought to you…..AND….we are also going to fill in many gaps….giving it to you of course as I always do….IN MY OPINION
....
With that said let us move forward and start studying what is going on.
Family the CBI right around Thursday going into Friday….they made some moves….and there is a good sound reason for these moves….but I want to tell you that it was around that time that our TEAMS found out that they were about 2 or 3 days away from taking the recommendations that were given to them from the IMF and many other agencies they are working with right now and move forward with the solution to their liquidity problems in Iraq.
DELTA and I talked and thought good gracious if they do this there is only one way and that is to lift the value of their currency….so these guys are very serious about taking the recommendations of the IMF and fulfill the solutions to many of their problems….paying debts to people…..the deficit in their budget…..all the bad things that are going on with Iraq right now with their reforms…..2-3 days….well that would put us right about now….today.
It is of no exaggeration when we say there was a lot of activity and WalkingStick put out some very powerful articles that had some equally powerful statements.
Now what I want to do is bring in the rest of the colors of the spectrum so we can see this full rainbow with our INTEL…..Sistani, the Holy Man, and we’ve been really hitting upon the Holy Man haven’t we…..there is a reason for it and now you know why…..in fact I even showed you the WSJ article where the Holy Man of Iran went to the Vatican….we are trying to show you something….we don’t need to show it to you anymore…..
Iraq’s Holy Man, Sistani, you saw yesterday there was another Holy Man that got on the case of Abadi…..Family we have been trying to show you, say to you without really saying it…..in Iraq there is no greater law that the word of the Holy Man….his voice is the voice of their god…..Sistani….every Friday as we have been teaching with you and sharing with you….gathers at certain corners with citizens….and has actually been growing….you talk about the million-man march….well this might be close to it….
And what do they do….do they protest, do they break things, do they set things on fire, do they shoot people….no….they discuss among themselves….and they can be heard by those who have to answer to them…..the politicians….and more have come to listen because the talking has become very loud….they like to use megaphones.
They will….IMO….avoid a financial collapse….and there will not be any bankruptcy….and even if Kurdistan tries to say we are going to go bankrupt…..please….it’s not even Kurdistan that is saying this…..it’s economic people who think they know what they are talking about and they seek their 15 minutes of fame….so they create an article that is popular within the streets….not with the agencies that are working on the Monetary Reform of the currency of Iraq.
We’ve tried to tell you that unless we bring it to you….and I’m not trying to imply that “it is only Frank’s stuff that is important”……it is because we have put it through the ringer, we have filtered it, we have done a lot going through seven layers….if we bring it to….if WalkingStick brings it to you….you think the man is wasting his time….so don’t waste his time by not reading what he is bringing to you……we said last week believe 100% of what you read and only 50% of what you go over there to see with your own eyes.
So while this was happening over Thursday-Sunday, they….they being the CBI….they said look citizens we need you in here….hey Sistani you got these guys all riled up…..give me that megaphone….guys we will give you 18% what do you think of that….get into our banks….now…..ok…..Sistani already told you to get in and you aren’t paying attention to him…what do you think about 18%….up yours….says the citizens to the GOI and the CBI….well what if we up your rate….and I really feel that is what they are doing.
The 18% is just another tool to supposedly lift the 000’s….but that is ridiculous….they don’t need to lift any more 000’s….physically….they only need to lift the 000’s from their exchange rate….and they know this.
A guy comes in and he deposits one million IQD….you are trying to tell me that you are going to be able to pay the 18% on that….you know what 18% is on a million….you know you can’t….so why tease the citizens…..well we are not teasing them we are trying to work with them, trying to tell them there are a lot of things that are great for them,
We got these 50k’s, 100k’s, we got this gold we are going to sell them….we got these beautiful bonds we are going to sell them…..we’ve got this 18% interest….what is it in the US now, maybe 1.5% if you are lucky….if you have an annuity at 3%...woohoo….you are making some money honey. So 18%....is that out of desperation…..or….is that a proclamation of the size of what you are about to do.
The IMF agreement has agreements with the CBI and they said….look GOI you guys have to help them lift the restrictions on the currency….in other words pass some laws…and that is what we’ve been telling you over and over again. In fact the Investment Law….that is a good one….we need investors to come and know they have freedom to use their capital and to know it is not frozen especially at some program rate.
Sistani can you just tell the people one more time…..you aren’t going to tell them again are you…..are you mad…..you didn’t get coffee this morning….so Sistani is with the GOI…..technically.
Our flavor of our CC’s is nothing like what you find anywhere else….and you know that….so get ready.
Sistani is angry and he’s gotten the people together and he’s talking to them….in fact four provinces in Iraq right now where the citizens are doing this Martin Luther King style of demonstrations and it is working…..because they are not doing anything stupid that would cause them to be arrested or killed…..what they are doing is using the voice of a very angry Holy Man….holy cow Batman.
The high ranking officials of the government and the CBI have been in a meeting at the Presidential Palace…you mean extra meetings….yeah….to solve these problems….so there’s an acceleration of the implementation of the reforms, especially the Monetary Reform…yeah.
The CBI is saying….look we took care of the recommendations that you gave us and we are using them…..excuse me…..we are using the recommendations of the IMF and we are acting upon them right now….are you securing the borders…..yes in fact we will have the taxes and tariffs very soon….in fact we meet with the Kurdistan on Saturday or Sunday and we are going to talk about it with them….
And you are going to increase the value of your currency….well that is our plan in order to break our deficit because we really don’t know any other way…..we can sell some of our property but we don’t want to do that….we can sell our gold but that would be dumber than selling our property…..look we take the recommendations and we are working…..and this is the CBI saying this…..they said we will make the IQD more attractive….I’m not creating these words….I’m not giving false hope….I’m not misleading anyone.
Sistani warned the GOI and Abadi….with the citizens….in the streets….on the corners backing him up….there’s Sistani….there’s the people…..look we are tired of hearing about it…..we want to touch it….that is heavy INTEL…..when you look at Iran who got their SWIFT Codes set up just this last week…..it was two years ago that Iraq set up the SWIFT Code system…..by the way I really think that Iran is going to free float….but we will talk about that some other day.
The GOI is desperate to the point where they said…..look we got all this property….the GOI is trying to figure out ways to raise money in order to qualify for the reserves to support their budget….now you see the GOI has their money and their reserves….and the CBI has their money and their reserves….but they are not against each other….they are working together….the CBI needs laws that the GOI has already passed…..
So they thought….what if we take some of the property from Saddam Hussein….there is at least $150 billion dollars of property they can sell….that they are considering to sell…..they only considered selling for like 5 seconds…..70 of these properties were Saddam’s…..the guy bought everything brand new….the best of everything….stole the best of everything….but no….that’s not going to be enough liquidity…..it’s not….no it’s not…..and I don’t think Iraq wants to sell it’s heart and soul….the way the US sold it’s heart and soul to Japan from 1990 to 1999.
The open private sector….or in other words the citizens are encouraging investors to come in through the encouragement of Sistani….the voice of their god…..the voice of the GOI is the same voice of the CBI…..it’s just not working….well it is now….but it is sad you are forced to push them up to the very edge of the cliff where I told you….on their tiptoes, leaning forward with their arms wide open….where just a little gust of wind would do it…and sure enough the gust of wind turned into fear.
The 18% is nice….but even at 100% the citizens are going to say no we have no confidence in our currency let alone our government…..no….no we will not buy anything I don’t care what you try to sell us….leave us alone….no….get rid of the program rate….the citizens are angry….and that Holy Man that is angry….I mean those eyes of his….I don’t even want to look at him.
So citizens as far as opening accounts by the citizens…..look at the stocks….I don’t mean of Iraq….look world wide….they are all on hold….I showed you a WSJ article that said that stocks are looking at the price of oil to make a decision of what to do…pretty cool.
Bonds….why are they offering the citizens bonds when they are not taking them……it’s because these are tools and instruments that have to be set on the table to bring forth the international world….I know….I know the international world does not want to invest in those bonds at no program rate….but….the international world knows that those bonds are there……they know they are working on their Monetary Reform….they know this. Look bonds are extremely important for a country.
Many of you are calling me and saying you want to buy the Iranian Rial….I don’t say much….but once in a while I will say….what do you know about the Rial…..they lifted their sanctions and they are going to raise their rates….you read that somewhere…..yeah….what’s the rate of the Iranian Rial right now…..I don’t know…..and if you are going to be a student of currency….you shouldn’t fail yourself….
Example……when I talk to you about currency…..I tell you that my broker and I only sell certain currencies….you can go to KTFAlways.com and you can scroll down to the bottom of the page and click on the banner and you will see that we only sell certain currencies…..I also talk to you in layers and you know that….and every time that I talk to you about other currencies I mention two of them…..look at this….this is the WSJ in the Global Financial Section and what it is telling you is that the country of Mexico is drawing in amazing foreign investors because they are selling bonds….
Now that is exactly what Iraq wants to do….but nobody is going to buy them at a program rate….and look at the results….the results for Mexico is they are growing….oh but you knew that right because you are a student of currency….why haven’t I shared with you about the Mexican peso….because that is your business.
I’ve been teaching you about the Iraqi dinar….and recently you’ve been asking me to teach about the Iranian Rial…..so be it….it is a currency that is exploding all over the place…because they are selling bonds….the same thing that Iraq is about to do…..but they have to lift the program rate….fascinating isn’t it.
It is the right timing I think….the beginning of 2016….the first half of it…..it is the right timing to see what fear is doing with so many things….people need money in Iraq….people need money and jobs around the world and not just in Iraq….but IMO….it must start with the IQD….I mean that….I feel that…..based on my studies.
Many coalition countries have given much of their economies….of their country…..to be a part of Iraq’s economic future….that is actually very large….and that is why people are so patient and waiting in that long line…..because they have already paid their dues to Iraq….they committed money, time, soldiers….they committed whatever they have and know a reward is coming….if not the flock would have scattered years ago.
There is a target date and I don’t know it and I’m sorry friends….but there is a target date. The IMF is in contract with the CBI and the GOI together…..there is a target date….and it is being rumored all over Iraq right now….Iraq is on the verge of something happening to the citizens…to the banks….to the Kurds….to Sistani….to the GOI….and there are more….but all are waiting to see the CBI’s next move…..and they said 2-3 days ago they were going to work on that.
Family the CBI right around Thursday going into Friday….they made some moves….and there is a good sound reason for these moves….but I want to tell you that it was around that time that our TEAMS found out that they were about 2 or 3 days away from taking the recommendations that were given to them from the IMF and many other agencies they are working with right now and move forward with the solution to their liquidity problems in Iraq.
DELTA and I talked and thought good gracious if they do this there is only one way and that is to lift the value of their currency….so these guys are very serious about taking the recommendations of the IMF and fulfill the solutions to many of their problems….paying debts to people…..the deficit in their budget…..all the bad things that are going on with Iraq right now with their reforms…..2-3 days….well that would put us right about now….today.
It is of no exaggeration when we say there was a lot of activity and WalkingStick put out some very powerful articles that had some equally powerful statements.
Now what I want to do is bring in the rest of the colors of the spectrum so we can see this full rainbow with our INTEL…..Sistani, the Holy Man, and we’ve been really hitting upon the Holy Man haven’t we…..there is a reason for it and now you know why…..in fact I even showed you the WSJ article where the Holy Man of Iran went to the Vatican….we are trying to show you something….we don’t need to show it to you anymore…..
Iraq’s Holy Man, Sistani, you saw yesterday there was another Holy Man that got on the case of Abadi…..Family we have been trying to show you, say to you without really saying it…..in Iraq there is no greater law that the word of the Holy Man….his voice is the voice of their god…..Sistani….every Friday as we have been teaching with you and sharing with you….gathers at certain corners with citizens….and has actually been growing….you talk about the million-man march….well this might be close to it….
And what do they do….do they protest, do they break things, do they set things on fire, do they shoot people….no….they discuss among themselves….and they can be heard by those who have to answer to them…..the politicians….and more have come to listen because the talking has become very loud….they like to use megaphones.
They will….IMO….avoid a financial collapse….and there will not be any bankruptcy….and even if Kurdistan tries to say we are going to go bankrupt…..please….it’s not even Kurdistan that is saying this…..it’s economic people who think they know what they are talking about and they seek their 15 minutes of fame….so they create an article that is popular within the streets….not with the agencies that are working on the Monetary Reform of the currency of Iraq.
We’ve tried to tell you that unless we bring it to you….and I’m not trying to imply that “it is only Frank’s stuff that is important”……it is because we have put it through the ringer, we have filtered it, we have done a lot going through seven layers….if we bring it to….if WalkingStick brings it to you….you think the man is wasting his time….so don’t waste his time by not reading what he is bringing to you……we said last week believe 100% of what you read and only 50% of what you go over there to see with your own eyes.
So while this was happening over Thursday-Sunday, they….they being the CBI….they said look citizens we need you in here….hey Sistani you got these guys all riled up…..give me that megaphone….guys we will give you 18% what do you think of that….get into our banks….now…..ok…..Sistani already told you to get in and you aren’t paying attention to him…what do you think about 18%….up yours….says the citizens to the GOI and the CBI….well what if we up your rate….and I really feel that is what they are doing.
The 18% is just another tool to supposedly lift the 000’s….but that is ridiculous….they don’t need to lift any more 000’s….physically….they only need to lift the 000’s from their exchange rate….and they know this.
A guy comes in and he deposits one million IQD….you are trying to tell me that you are going to be able to pay the 18% on that….you know what 18% is on a million….you know you can’t….so why tease the citizens…..well we are not teasing them we are trying to work with them, trying to tell them there are a lot of things that are great for them,
We got these 50k’s, 100k’s, we got this gold we are going to sell them….we got these beautiful bonds we are going to sell them…..we’ve got this 18% interest….what is it in the US now, maybe 1.5% if you are lucky….if you have an annuity at 3%...woohoo….you are making some money honey. So 18%....is that out of desperation…..or….is that a proclamation of the size of what you are about to do.
The IMF agreement has agreements with the CBI and they said….look GOI you guys have to help them lift the restrictions on the currency….in other words pass some laws…and that is what we’ve been telling you over and over again. In fact the Investment Law….that is a good one….we need investors to come and know they have freedom to use their capital and to know it is not frozen especially at some program rate.
Sistani can you just tell the people one more time…..you aren’t going to tell them again are you…..are you mad…..you didn’t get coffee this morning….so Sistani is with the GOI…..technically.
Our flavor of our CC’s is nothing like what you find anywhere else….and you know that….so get ready.
Sistani is angry and he’s gotten the people together and he’s talking to them….in fact four provinces in Iraq right now where the citizens are doing this Martin Luther King style of demonstrations and it is working…..because they are not doing anything stupid that would cause them to be arrested or killed…..what they are doing is using the voice of a very angry Holy Man….holy cow Batman.
The high ranking officials of the government and the CBI have been in a meeting at the Presidential Palace…you mean extra meetings….yeah….to solve these problems….so there’s an acceleration of the implementation of the reforms, especially the Monetary Reform…yeah.
The CBI is saying….look we took care of the recommendations that you gave us and we are using them…..excuse me…..we are using the recommendations of the IMF and we are acting upon them right now….are you securing the borders…..yes in fact we will have the taxes and tariffs very soon….in fact we meet with the Kurdistan on Saturday or Sunday and we are going to talk about it with them….
And you are going to increase the value of your currency….well that is our plan in order to break our deficit because we really don’t know any other way…..we can sell some of our property but we don’t want to do that….we can sell our gold but that would be dumber than selling our property…..look we take the recommendations and we are working…..and this is the CBI saying this…..they said we will make the IQD more attractive….I’m not creating these words….I’m not giving false hope….I’m not misleading anyone.
Sistani warned the GOI and Abadi….with the citizens….in the streets….on the corners backing him up….there’s Sistani….there’s the people…..look we are tired of hearing about it…..we want to touch it….that is heavy INTEL…..when you look at Iran who got their SWIFT Codes set up just this last week…..it was two years ago that Iraq set up the SWIFT Code system…..by the way I really think that Iran is going to free float….but we will talk about that some other day.
The GOI is desperate to the point where they said…..look we got all this property….the GOI is trying to figure out ways to raise money in order to qualify for the reserves to support their budget….now you see the GOI has their money and their reserves….and the CBI has their money and their reserves….but they are not against each other….they are working together….the CBI needs laws that the GOI has already passed…..
So they thought….what if we take some of the property from Saddam Hussein….there is at least $150 billion dollars of property they can sell….that they are considering to sell…..they only considered selling for like 5 seconds…..70 of these properties were Saddam’s…..the guy bought everything brand new….the best of everything….stole the best of everything….but no….that’s not going to be enough liquidity…..it’s not….no it’s not…..and I don’t think Iraq wants to sell it’s heart and soul….the way the US sold it’s heart and soul to Japan from 1990 to 1999.
The open private sector….or in other words the citizens are encouraging investors to come in through the encouragement of Sistani….the voice of their god…..the voice of the GOI is the same voice of the CBI…..it’s just not working….well it is now….but it is sad you are forced to push them up to the very edge of the cliff where I told you….on their tiptoes, leaning forward with their arms wide open….where just a little gust of wind would do it…and sure enough the gust of wind turned into fear.
The 18% is nice….but even at 100% the citizens are going to say no we have no confidence in our currency let alone our government…..no….no we will not buy anything I don’t care what you try to sell us….leave us alone….no….get rid of the program rate….the citizens are angry….and that Holy Man that is angry….I mean those eyes of his….I don’t even want to look at him.
So citizens as far as opening accounts by the citizens…..look at the stocks….I don’t mean of Iraq….look world wide….they are all on hold….I showed you a WSJ article that said that stocks are looking at the price of oil to make a decision of what to do…pretty cool.
Bonds….why are they offering the citizens bonds when they are not taking them……it’s because these are tools and instruments that have to be set on the table to bring forth the international world….I know….I know the international world does not want to invest in those bonds at no program rate….but….the international world knows that those bonds are there……they know they are working on their Monetary Reform….they know this. Look bonds are extremely important for a country.
Many of you are calling me and saying you want to buy the Iranian Rial….I don’t say much….but once in a while I will say….what do you know about the Rial…..they lifted their sanctions and they are going to raise their rates….you read that somewhere…..yeah….what’s the rate of the Iranian Rial right now…..I don’t know…..and if you are going to be a student of currency….you shouldn’t fail yourself….
Example……when I talk to you about currency…..I tell you that my broker and I only sell certain currencies….you can go to KTFAlways.com and you can scroll down to the bottom of the page and click on the banner and you will see that we only sell certain currencies…..I also talk to you in layers and you know that….and every time that I talk to you about other currencies I mention two of them…..look at this….this is the WSJ in the Global Financial Section and what it is telling you is that the country of Mexico is drawing in amazing foreign investors because they are selling bonds….
Now that is exactly what Iraq wants to do….but nobody is going to buy them at a program rate….and look at the results….the results for Mexico is they are growing….oh but you knew that right because you are a student of currency….why haven’t I shared with you about the Mexican peso….because that is your business.
I’ve been teaching you about the Iraqi dinar….and recently you’ve been asking me to teach about the Iranian Rial…..so be it….it is a currency that is exploding all over the place…because they are selling bonds….the same thing that Iraq is about to do…..but they have to lift the program rate….fascinating isn’t it.
It is the right timing I think….the beginning of 2016….the first half of it…..it is the right timing to see what fear is doing with so many things….people need money in Iraq….people need money and jobs around the world and not just in Iraq….but IMO….it must start with the IQD….I mean that….I feel that…..based on my studies.
Many coalition countries have given much of their economies….of their country…..to be a part of Iraq’s economic future….that is actually very large….and that is why people are so patient and waiting in that long line…..because they have already paid their dues to Iraq….they committed money, time, soldiers….they committed whatever they have and know a reward is coming….if not the flock would have scattered years ago.
There is a target date and I don’t know it and I’m sorry friends….but there is a target date. The IMF is in contract with the CBI and the GOI together…..there is a target date….and it is being rumored all over Iraq right now….Iraq is on the verge of something happening to the citizens…to the banks….to the Kurds….to Sistani….to the GOI….and there are more….but all are waiting to see the CBI’s next move…..and they said 2-3 days ago they were going to work on that.
The Finance Minister of Iraq and the CBI are with the same contract from the IMF Family…the contract was signed by both the CBI and the GOI it is a binding contract of their reforms….and the Monetary Reform is one of them.
And on January 1st for those of you that say I’m sorry I wasn’t expecting anything….well that’s too bad….because Sistani was….he is one angry Holy Man….which causes fear….in who….everyone….everybody backs off if or when he dares to talk.
Stop the auctions…..no he can’t stop those yet…that is life support….you want to unplug Iraq….if you stop the auctions as much as they need to be stopped….they got nothing….so that is why the auctions are allowed to insult anybody and they continue to do what they are doing….it’s an artificial life system….they will stop them soon because they will be changing the rate….IMO. When they change the rate the truth can become a reality with the things they are doing….it all just seems so unreal right now.
The Finance Minister, Zebari, is working with the CBI to lift Article 8 by implementing certain things that are in this contract….there is no doubt about it…..the CBI is an independent agency…but in this case….no….not in this situation…..the lifting of the 000’s and lifting of the rate is a symbiotic relationship but they are Siamese twins I told you.
The Minister of Planning if you go to his website….if you are a student…..he says to fix their problem they need to raise the rate to 1 to 1, actually he said a rate of about 1.13 to 1.15 for 2-3 years and then he said, maybe after that time period maybe we can see if we can take it up into the $3 range….you are students aren’t you….interesting huh.
Link to Part 2
And on January 1st for those of you that say I’m sorry I wasn’t expecting anything….well that’s too bad….because Sistani was….he is one angry Holy Man….which causes fear….in who….everyone….everybody backs off if or when he dares to talk.
Stop the auctions…..no he can’t stop those yet…that is life support….you want to unplug Iraq….if you stop the auctions as much as they need to be stopped….they got nothing….so that is why the auctions are allowed to insult anybody and they continue to do what they are doing….it’s an artificial life system….they will stop them soon because they will be changing the rate….IMO. When they change the rate the truth can become a reality with the things they are doing….it all just seems so unreal right now.
The Finance Minister, Zebari, is working with the CBI to lift Article 8 by implementing certain things that are in this contract….there is no doubt about it…..the CBI is an independent agency…but in this case….no….not in this situation…..the lifting of the 000’s and lifting of the rate is a symbiotic relationship but they are Siamese twins I told you.
The Minister of Planning if you go to his website….if you are a student…..he says to fix their problem they need to raise the rate to 1 to 1, actually he said a rate of about 1.13 to 1.15 for 2-3 years and then he said, maybe after that time period maybe we can see if we can take it up into the $3 range….you are students aren’t you….interesting huh.
Link to Part 2
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