Part 2:
Frank26: So may I suggest that you follow all of the UN meetings that you can find….and you are going to find a few of them by the way….and I think you will find more and more of them once Mosul is actually introduced to the rest of the world….the way Fallujah was….
Now I think they have Mosul but they haven’t given it to you yet….and they tell you about the number of troops that are in Mosul…..and the Kurdistan army….they are all wrong….they are all lies….all of those numbers are fake….the numbers are so big….ISIS has lost it…they went to Turkey….they went to France….they blew them up….they got….they’ve lost it….
They don’t even have leaders….they don’t have soldiers….they don’t even have food or money….there aren’t places to attack for crying out loud…so they are leaving the Middle East…and believe it or not I believe this is something they have to deal with too.
Frank26: So may I suggest that you follow all of the UN meetings that you can find….and you are going to find a few of them by the way….and I think you will find more and more of them once Mosul is actually introduced to the rest of the world….the way Fallujah was….
Now I think they have Mosul but they haven’t given it to you yet….and they tell you about the number of troops that are in Mosul…..and the Kurdistan army….they are all wrong….they are all lies….all of those numbers are fake….the numbers are so big….ISIS has lost it…they went to Turkey….they went to France….they blew them up….they got….they’ve lost it….
They don’t even have leaders….they don’t have soldiers….they don’t even have food or money….there aren’t places to attack for crying out loud…so they are leaving the Middle East…and believe it or not I believe this is something they have to deal with too.
Liquidity…..well of course it is a pressure…but we told you last week that liquidity issue is used when they want it…..yes liquidity is a problem….but some of the loans and grants are getting them by aren’t they….but they want that big one….they want that big loan….and by getting that big loan I think that is when they will raise the value of their currency.
There are many companies who are waiting for Iraq to raise the value….that is the same kind of pressure with no liquidity.
There was an article that I found very interesting….”ISIS is Taking Advantage from a Weak US President”…..and you know where that came from…..one of our American generals…..yeah….I agree.
So Frank…..what are the things they are doing….that you can’t tell us…..no I can tell you….well then why are you acting like it would be the wrong thing to do…..it would be the wrong thing to talk to you about what the three Musketeers was going to talk about….yeah…..and as far as what they are doing….it is all in the LOI…..and the IMF still governs it through the sanctions that are the UN…and the UN is finally meeting….
When they didn’t meet back in April/May….but they are meeting now about Iraq….this is huge…..and all these little things they are doing…..I know you want to know them….I know you want every little detail….it’s kind of like when you break up with a girlfriend or boyfriend and you get back together….so what did you do with her….where did you guys go…what did you say to her….how many presents did you buy her…..hey….hey….stop it….first of all, none of your business….and second of all….this is going to ruin us…..our relationship….forget the past.
So for you to say…..I want to know all the details….everything that is going on right now….in order for me to not be confused….no that is not the way it works….no you see….you need to be a good student….and I keep saying that over and over again….let me ask you this….how many of you know about guns….alright you know about guns don’t you….but do you know how to use a gun….
Well you think you know how to use a gun….you’ve seen plenty of them on television haven’t you….so what would you do….would you take the gun and put your finger right in that little round thing….oh that is called a trigger….oh I know that…..oh ok…and I’m going to hold it by the handle….ok….and my finger is going to pull the trigger and a bullet is going to come out right….right….ok….well good for you….you are a student of guns aren’t you…..yes I am…yeah I watch TV….ok…you see that target over there….go ahead and shoot it….ok, hold on….I see him hold it with two hands because it is going to fire back and hit me in the face….you see I know about guns….well good for you….go ahead and fire….click….click….click…..don’t look in the gun barrel….well no I was looking in the chamber…..there are bullets….what is wrong….it won’t fire….but you know about guns…..I do….try it again….ok….let me aim, hold it with two hands….click…..click….it won’t fire…..you know why it doesn’t fire….because you are not a student of the gun….the safety is on….how many times have you seen that in the movies….oh yeah….a lot.
It’s not that they are singing the chorus over and over again Family….but you really have to be a student to understand every moving part….to know they are not repeating the chorus….they now are singing a brand new verse.
I’m impressed….I know we want information…but there is certain information we have to stay away from.
So, let me try to bridge this for you….because I can tell that I am boring you…and I can tell that I’m starting to lose you….so can I give you about 40….if 40 is too many I can cut it in half….but I would like to give you about 40 different examples of this bridge….of this 2x2x2 that I talked about….what is it that is happening….what are all these moving parts Frank.
I want you to know that the IMF knows what it is doing….with Iraq….and if you don’t….it’s not like they are not doing the Monetary Reform….the IMF/UN/USA they are all working with Iraq….and they all know what they are doing….you don’t….they are not confused….you are….nothing is out of order….Iraq is being led gently….by many of these agencies…1…2…3…4…there is a progression and we are seeing it and we like it….and right now….this compression….this compilation of many events….does cause you some confusion….because there is so many of them occurring at once….and they are all leading to the final….to raise the value of their currency….because they are in the international theater…..
Now I will admit….until it is officially said….maybe I should not say that….maybe I should not say international….so carelessly….and I apologize….but I do say it IMO….they are international…so that is my only safety valve….but I do know you put a lot of weight in the words I say to you….I’ve accepted that responsibility between me and God…and that is why I am trying to apologize to you….they are not internationally announced….but IMO….and technically and what we study….yeah I think they are.
I am going to give you 33 different things that may help you to bridge what they are doing between now and sometime in September….but I am going to share one thing with you that you don’t know.
We are studying many different subjects….but one of the things is bonds…now the thing about the bonds is that they tried them twice already….and we have said that the citizens don’t want these bonds…ok…alright….fine…until they raise the value….but the real truth IMO in what you should be studying and asking is this….do they have enough reserves to back up their bonds….see that is the type of thinking that we do….we don’t talk about the bonds….we are talking about what supports the bonds….do they have enough foreign reserves for it…and if they do…it covers a lot of other subjects too doesn’t it…write that down.
We as a TEAM…my FRIENDS we are looking to see if the CBI has enough foreign reserves to cover their bonds…which in turn would overlap into a lot of other things wouldn’t it…..seems that no matter what I say or what I do it’s not enough…..I’m going to hurt somebody along the way….so until they get these bonds…they need to make sure their foreign reserves are correct.
Pay attention to the United Nations…..pay attention to their meetings…they will tell you it is for humanitarian reasons….they are going to tell you a lot of things….for UNESCO or whatever…the way they hid the two cities….the UN will hide what it is they talk about with Iraq….but the fact that they are talking with them and meeting with them…and with the US Treasury….come on.
The auctions like I told you earlier….they may hang in there because they do need foreign currency to pay their bills or just to function…even if they are limping across, the auctions do that….but they need to get rid of them…and the MCP they need to get rid of that.
There are meetings with the IMF that are talking about more than currency.
Remember when I told you that there is something that is going to become more valuable to the Middle East than oil, or gold, or money and I said it would shine like a diamond….water….the wetlands…the marshes…that is what they are doing between now and September….electricity is really needed….they don’t want the water contaminated….
ISIS took the dam remember and meant to do some bad things…they wanted to blow it up…because if they could release that water they were going to flood a lot of cities….but they also wanted to…IMO…contaminate the water…if you do then you control the dam, then you control the lives of everybody…because you need water, especially in the desert….they need to control that and make sure that other countries don’t mess with their water.
Electricity….wow….you go into the banks to get your Qi cards or your LD’s or your e-currency….sorry please come back tomorrow….why…because our electricity is shutdown….this isn’t going to work is it…..no….so they got…that is a big issue.
Mosul and the Kurds….whatever that relationship is….it is big.
Turkey’s banks….do you think some of the banks might have been damaged last week.
There was an article that came out yesterday that said….no we are not going to devalue the Iraqi dinar….we are not going devalue the Iraqi dinar…..we are going to keep working on plans to raise the value….well good for you….so this is what you plan to do between now and September.
UNESCO…..UNESCO is actually doing a lot of projects with Iraq that need to be done even before they consider raising the value.
The World Trade Organization….watch their meetings.
The World Bank and many countries that are meeting with Iraq and the World Bank.
These loans and grants…know about the IMF loans and the difference between the two of them….know about the grants and how they are coming from the international world….why….because the international world is trying to speed them up.
Bank platforms are reaching across the waters…the ponds…into Iraq….and there is a subject that our three Musketeers would have covered that I don’t want to cover….notice I am just giving you the highlights of all of these things….Anthony asks the question….is the dam in the area of Mosul that the Kurds will claim and then have ownership of the water….now see there Family….I may say squirrel but you have to look….yes Anthony and for other reasons as well.
Between now and then….they are working on the ISC…they are working on the IEX….one is to invest the currency….and one is to exchange or trade the currency….they are changing these platforms…and that is why I don’t want to talk about them.
The American dollar….follow what the USD is doing….you chase money it is going to run away from you…you study it and it will come towards you.
Oil prices…..oil prices were perfect from the end of January until June….almost exactly as we gave them to you in December of last year….but all of a sudden they have gone down again going into July….I’ll bet you anything they will start going back up again by the time we end the month of August.
This study is hard…this study….the first part thru the first half of 2016 we were pretty well guided the way they took junior by the ear….they took us by the ear….they told us what they were going to do…they just didn’t explain it…the files we are now into….July, August, September, into October….this is hard…and here is why…ain’t nobody talking….my TEAMS/FRIENDS nobody wants to talk….I remember one time as a young boy….my Father taught me….when you don’t hear anything….that is the highest form of intel….when you don’t hear anything…..get ready because you are about to see everything.
You need to go back and look at the first half of 2016….if you look at it….study it you are going to feel good….you are going to smile.
The citizens are being organized…..I think at the start of next month you are going to see a lot more….they are going to tell you more….the citizens are being organized and they are helping in many different ways…in fact the citizens are doing an amazing job in Mosul….they are killing ISIS/DAASH….so that is not something I want to talk about….but the main real reason is what is happening with currencies, banks, and platforms and certain words that we really shouldn’t talk about
There are a lot of projects….and you can google this on your own….there are buildings going up….there are parks going up…there are hospitals going up….schools….there is a lot going up in Iraq….these are their economic reforms…through the loans they got…they had to use it in this fashion because they were not allowed to steal it….every penny is being accounted for….the systems that are in place are really air-tight…you don’t have Maliki and his goons anymore to steal….Abadi is leading everyone…and Sadr and Sistani are scaring those who do not want to work with Abadi….and I cannot tell you how they scare them…because it would be IMO and the way they do it is ugly.
International banks are being set up in Iraq right now….what the heck for….so these are the things you need to be studying…things you need to be looking for….here look up Ashur Bank….are you kidding me…Ashur Bank is open in Iraq….do you know what the banks in the US that represent the CBI have done lately….why would you do that with a program rate
They need to finish amending their laws…we’ve told you this…and the biggest one….they are amending their Constitution….why…because the plan that they gave them….they took it up to a certain point….but certain parts they didn’t like so they were approved to change them….so they are amending them….
What about taxes and tariffs….they are in position really…..it’s not even on my list….they are in that long line waiting for the rate to go up.
We have overcome much….but not enough…you know who is saying that….Iraq….they say….the international loan economic measures of the government has eased a lot of our financial distress….it has softened our financial distress….but it does not mean it has been completed….
They are talking about the Monetary Reform Family…but they are not complete….the IMF knows about Article 8…that they have qualified…but they have not accepted it yet….they are not done with everything….I am giving you a list of them they need to do….yes rules are broken…yes rules are bent…..why….because you are the author of the rules….it says here….the Minister of Planning said on the 11th of July that Iraq has overcome the economic stage that was more dangerous after the first half of 2016 ended….they returned to the international world and confidence in Iraq has become stronger and caused the international community to deal positively with them….doesn’t this sound like your notes….
The Financial Advisor to the Prime Minister Abadi said it was revealed in May of this year that Iraq has an international financial umbrella of $20 billion dollars as a result of its agreement with the IMF….yeah that was the LOI….but you don’t have it do you…not yet….you’ve qualified for Article 8 they just haven’t accepted you yet….why…because you haven’t finished everything….and you just admitted it…..so Family could you kindly keep your eye on that.
The IMF has asked Iraq to complete the restructuring of all their banks and become compliant…with what….the international world…they want them to finish the auditing so they can have more pinpoint accuracy of the rate they have agreed upon….IMO….a week ago last Thursday which by the way was 7/7 of the house.
We have to get rid of the auctions and the multi-currency policy…you said that already….yes but we need for you to watch as there are going to be less and less of the auctions….they will dissipate.
They did or they are trying to establish this Central Trade Bank in Baghdad….shut the front door….what else do you want….Trade Bank….we are working on the IEX….ohhhhh….didn’t see that one coming….I know my Family of KTFA….I know you didn’t.
ReddStarr comes out and tells us something….despite the recent information inspite of the prolonging of what we seek…in other words…when….Iraq needed to get some things accomplished before they were allowed to move forward….AMEN….ReddStarr…you see ReddStarr brings you articles….a good student….some of the things that were thought to be needed were accomplished already….only to find out recently….no they weren’t….now the good news is they are working faster than ever to get the remaining requirements done….
What are they….we are giving you about 40 of them Family….so to get the remaining requirements done….you can see it…read it from the articles being released now….they are not hiding anything any more…..Frank spoke of warp speed…this truly is…IMO….the speed they are moving at….hang in there a little bit more…it’s coming….every day that goes by it is even better and in better position for what we seek….
Bravo ReddStarr…what do we seek, the things the IMF wants and monitors…the information that will allow the sanctions to be lifted for them….our brother Aggiedad made a post and said….you know something Family….Dr. Selah is always a hard one to figure out and interpret….but it seems that Dr. Selah is listening to Frank26….I mean with the work that Iraq did in the first half of 2016…..you know getting the IMF loans and other things it is collectively putting Iraq on a better playing field…a field that is full of international players not just the home team who is scrimmaging against themselves…they have had some struggles trying to remember what they needed to do but they have done a great job of entering the international zone….I agree with you Aggiedad
We had a newbie that impressed me…their name is MBA-Grad…and their avatar is of the logo of Georgetown University…now this individual came into our forum for the first time and said…..Iraq needs to move off of the program rate first…the RV is the end piece of this puzzle…IMO….the first step of the process would be to give Iraq an actual rate that is usable in the real world….oh and by the way newbie…I announced a week ago last Thursday on the 7th of this month….IMO…that the GOI and CBI agreed upon a final decision for their rate…let’s now see it…..
So you are saying almost exactly what I am saying…they need an actual rate that is usable….I think they got it now….then you go on to say….once this is done this would allow Iraq to move from IMF Article 14 into Article 8 which would make the currency of Iraq internationally recognizable and usable….both domestically and abroad….this would also allow Iraq to introduce some of the new currency notes that can be used at whatever this new initial starting value is….do you notice the 500’s and 250’s sir…yeah they are doing that….
I hear some people saying….Iraq is already international…but I say that is not so…..because how can a sovereign nation be international when they are using another nation’s currency…the USD….I corrected myself today because of your post…on the very next day that you can walk into your local bank and exchange a 25k Iraqi note for a USD I would declare they are international…but not before….the UN still has to lift the last part of Chapter 7….which would remove the currency restrictions that would allow Iraq to remove its program rate….
I haven’t seen this happen yet but we know that Iraq has been meeting with UN representatives….so perhaps this is being discussed….the RV is the final adjustment….I believe what we are looking for is the removal of the program rate to a value that will allow Iraq to enter the global markets….once this value has been added to the Iraqi dinar….the currency will have value….we want this to happen before any RV of the currency is made….all of this strictly in my opinion….well MBA-Grad welcome to KTFA…..what a astute first post…you are a student…that is exactly what we try to teach….that is exactly what you put down and I thank you.
WalkingStick…he came back didn’t he….he saw you didn’t he….he waved didn’t he….as he once again said goodbye….nobody is talking.
UNAMI…..with the UN….to support Iraq’s economy….really….google it…find out…study it.
BIS….the mother of all banks…watch what they do in the next month with Iraq.
The cleaning of the GOI is something that is still going on…but I want to tell you something….I don’t want to share a lot of things with you right now…and that is one of them
Family I better stop….I think you better understand what I am trying to tell you.
There are many companies who are waiting for Iraq to raise the value….that is the same kind of pressure with no liquidity.
There was an article that I found very interesting….”ISIS is Taking Advantage from a Weak US President”…..and you know where that came from…..one of our American generals…..yeah….I agree.
So Frank…..what are the things they are doing….that you can’t tell us…..no I can tell you….well then why are you acting like it would be the wrong thing to do…..it would be the wrong thing to talk to you about what the three Musketeers was going to talk about….yeah…..and as far as what they are doing….it is all in the LOI…..and the IMF still governs it through the sanctions that are the UN…and the UN is finally meeting….
When they didn’t meet back in April/May….but they are meeting now about Iraq….this is huge…..and all these little things they are doing…..I know you want to know them….I know you want every little detail….it’s kind of like when you break up with a girlfriend or boyfriend and you get back together….so what did you do with her….where did you guys go…what did you say to her….how many presents did you buy her…..hey….hey….stop it….first of all, none of your business….and second of all….this is going to ruin us…..our relationship….forget the past.
So for you to say…..I want to know all the details….everything that is going on right now….in order for me to not be confused….no that is not the way it works….no you see….you need to be a good student….and I keep saying that over and over again….let me ask you this….how many of you know about guns….alright you know about guns don’t you….but do you know how to use a gun….
Well you think you know how to use a gun….you’ve seen plenty of them on television haven’t you….so what would you do….would you take the gun and put your finger right in that little round thing….oh that is called a trigger….oh I know that…..oh ok…and I’m going to hold it by the handle….ok….and my finger is going to pull the trigger and a bullet is going to come out right….right….ok….well good for you….you are a student of guns aren’t you…..yes I am…yeah I watch TV….ok…you see that target over there….go ahead and shoot it….ok, hold on….I see him hold it with two hands because it is going to fire back and hit me in the face….you see I know about guns….well good for you….go ahead and fire….click….click….click…..don’t look in the gun barrel….well no I was looking in the chamber…..there are bullets….what is wrong….it won’t fire….but you know about guns…..I do….try it again….ok….let me aim, hold it with two hands….click…..click….it won’t fire…..you know why it doesn’t fire….because you are not a student of the gun….the safety is on….how many times have you seen that in the movies….oh yeah….a lot.
It’s not that they are singing the chorus over and over again Family….but you really have to be a student to understand every moving part….to know they are not repeating the chorus….they now are singing a brand new verse.
I’m impressed….I know we want information…but there is certain information we have to stay away from.
So, let me try to bridge this for you….because I can tell that I am boring you…and I can tell that I’m starting to lose you….so can I give you about 40….if 40 is too many I can cut it in half….but I would like to give you about 40 different examples of this bridge….of this 2x2x2 that I talked about….what is it that is happening….what are all these moving parts Frank.
I want you to know that the IMF knows what it is doing….with Iraq….and if you don’t….it’s not like they are not doing the Monetary Reform….the IMF/UN/USA they are all working with Iraq….and they all know what they are doing….you don’t….they are not confused….you are….nothing is out of order….Iraq is being led gently….by many of these agencies…1…2…3…4…there is a progression and we are seeing it and we like it….and right now….this compression….this compilation of many events….does cause you some confusion….because there is so many of them occurring at once….and they are all leading to the final….to raise the value of their currency….because they are in the international theater…..
Now I will admit….until it is officially said….maybe I should not say that….maybe I should not say international….so carelessly….and I apologize….but I do say it IMO….they are international…so that is my only safety valve….but I do know you put a lot of weight in the words I say to you….I’ve accepted that responsibility between me and God…and that is why I am trying to apologize to you….they are not internationally announced….but IMO….and technically and what we study….yeah I think they are.
I am going to give you 33 different things that may help you to bridge what they are doing between now and sometime in September….but I am going to share one thing with you that you don’t know.
We are studying many different subjects….but one of the things is bonds…now the thing about the bonds is that they tried them twice already….and we have said that the citizens don’t want these bonds…ok…alright….fine…until they raise the value….but the real truth IMO in what you should be studying and asking is this….do they have enough reserves to back up their bonds….see that is the type of thinking that we do….we don’t talk about the bonds….we are talking about what supports the bonds….do they have enough foreign reserves for it…and if they do…it covers a lot of other subjects too doesn’t it…write that down.
We as a TEAM…my FRIENDS we are looking to see if the CBI has enough foreign reserves to cover their bonds…which in turn would overlap into a lot of other things wouldn’t it…..seems that no matter what I say or what I do it’s not enough…..I’m going to hurt somebody along the way….so until they get these bonds…they need to make sure their foreign reserves are correct.
Pay attention to the United Nations…..pay attention to their meetings…they will tell you it is for humanitarian reasons….they are going to tell you a lot of things….for UNESCO or whatever…the way they hid the two cities….the UN will hide what it is they talk about with Iraq….but the fact that they are talking with them and meeting with them…and with the US Treasury….come on.
The auctions like I told you earlier….they may hang in there because they do need foreign currency to pay their bills or just to function…even if they are limping across, the auctions do that….but they need to get rid of them…and the MCP they need to get rid of that.
There are meetings with the IMF that are talking about more than currency.
Remember when I told you that there is something that is going to become more valuable to the Middle East than oil, or gold, or money and I said it would shine like a diamond….water….the wetlands…the marshes…that is what they are doing between now and September….electricity is really needed….they don’t want the water contaminated….
ISIS took the dam remember and meant to do some bad things…they wanted to blow it up…because if they could release that water they were going to flood a lot of cities….but they also wanted to…IMO…contaminate the water…if you do then you control the dam, then you control the lives of everybody…because you need water, especially in the desert….they need to control that and make sure that other countries don’t mess with their water.
Electricity….wow….you go into the banks to get your Qi cards or your LD’s or your e-currency….sorry please come back tomorrow….why…because our electricity is shutdown….this isn’t going to work is it…..no….so they got…that is a big issue.
Mosul and the Kurds….whatever that relationship is….it is big.
Turkey’s banks….do you think some of the banks might have been damaged last week.
There was an article that came out yesterday that said….no we are not going to devalue the Iraqi dinar….we are not going devalue the Iraqi dinar…..we are going to keep working on plans to raise the value….well good for you….so this is what you plan to do between now and September.
UNESCO…..UNESCO is actually doing a lot of projects with Iraq that need to be done even before they consider raising the value.
The World Trade Organization….watch their meetings.
The World Bank and many countries that are meeting with Iraq and the World Bank.
These loans and grants…know about the IMF loans and the difference between the two of them….know about the grants and how they are coming from the international world….why….because the international world is trying to speed them up.
Bank platforms are reaching across the waters…the ponds…into Iraq….and there is a subject that our three Musketeers would have covered that I don’t want to cover….notice I am just giving you the highlights of all of these things….Anthony asks the question….is the dam in the area of Mosul that the Kurds will claim and then have ownership of the water….now see there Family….I may say squirrel but you have to look….yes Anthony and for other reasons as well.
Between now and then….they are working on the ISC…they are working on the IEX….one is to invest the currency….and one is to exchange or trade the currency….they are changing these platforms…and that is why I don’t want to talk about them.
The American dollar….follow what the USD is doing….you chase money it is going to run away from you…you study it and it will come towards you.
Oil prices…..oil prices were perfect from the end of January until June….almost exactly as we gave them to you in December of last year….but all of a sudden they have gone down again going into July….I’ll bet you anything they will start going back up again by the time we end the month of August.
This study is hard…this study….the first part thru the first half of 2016 we were pretty well guided the way they took junior by the ear….they took us by the ear….they told us what they were going to do…they just didn’t explain it…the files we are now into….July, August, September, into October….this is hard…and here is why…ain’t nobody talking….my TEAMS/FRIENDS nobody wants to talk….I remember one time as a young boy….my Father taught me….when you don’t hear anything….that is the highest form of intel….when you don’t hear anything…..get ready because you are about to see everything.
You need to go back and look at the first half of 2016….if you look at it….study it you are going to feel good….you are going to smile.
The citizens are being organized…..I think at the start of next month you are going to see a lot more….they are going to tell you more….the citizens are being organized and they are helping in many different ways…in fact the citizens are doing an amazing job in Mosul….they are killing ISIS/DAASH….so that is not something I want to talk about….but the main real reason is what is happening with currencies, banks, and platforms and certain words that we really shouldn’t talk about
There are a lot of projects….and you can google this on your own….there are buildings going up….there are parks going up…there are hospitals going up….schools….there is a lot going up in Iraq….these are their economic reforms…through the loans they got…they had to use it in this fashion because they were not allowed to steal it….every penny is being accounted for….the systems that are in place are really air-tight…you don’t have Maliki and his goons anymore to steal….Abadi is leading everyone…and Sadr and Sistani are scaring those who do not want to work with Abadi….and I cannot tell you how they scare them…because it would be IMO and the way they do it is ugly.
International banks are being set up in Iraq right now….what the heck for….so these are the things you need to be studying…things you need to be looking for….here look up Ashur Bank….are you kidding me…Ashur Bank is open in Iraq….do you know what the banks in the US that represent the CBI have done lately….why would you do that with a program rate
They need to finish amending their laws…we’ve told you this…and the biggest one….they are amending their Constitution….why…because the plan that they gave them….they took it up to a certain point….but certain parts they didn’t like so they were approved to change them….so they are amending them….
What about taxes and tariffs….they are in position really…..it’s not even on my list….they are in that long line waiting for the rate to go up.
We have overcome much….but not enough…you know who is saying that….Iraq….they say….the international loan economic measures of the government has eased a lot of our financial distress….it has softened our financial distress….but it does not mean it has been completed….
They are talking about the Monetary Reform Family…but they are not complete….the IMF knows about Article 8…that they have qualified…but they have not accepted it yet….they are not done with everything….I am giving you a list of them they need to do….yes rules are broken…yes rules are bent…..why….because you are the author of the rules….it says here….the Minister of Planning said on the 11th of July that Iraq has overcome the economic stage that was more dangerous after the first half of 2016 ended….they returned to the international world and confidence in Iraq has become stronger and caused the international community to deal positively with them….doesn’t this sound like your notes….
The Financial Advisor to the Prime Minister Abadi said it was revealed in May of this year that Iraq has an international financial umbrella of $20 billion dollars as a result of its agreement with the IMF….yeah that was the LOI….but you don’t have it do you…not yet….you’ve qualified for Article 8 they just haven’t accepted you yet….why…because you haven’t finished everything….and you just admitted it…..so Family could you kindly keep your eye on that.
The IMF has asked Iraq to complete the restructuring of all their banks and become compliant…with what….the international world…they want them to finish the auditing so they can have more pinpoint accuracy of the rate they have agreed upon….IMO….a week ago last Thursday which by the way was 7/7 of the house.
We have to get rid of the auctions and the multi-currency policy…you said that already….yes but we need for you to watch as there are going to be less and less of the auctions….they will dissipate.
They did or they are trying to establish this Central Trade Bank in Baghdad….shut the front door….what else do you want….Trade Bank….we are working on the IEX….ohhhhh….didn’t see that one coming….I know my Family of KTFA….I know you didn’t.
ReddStarr comes out and tells us something….despite the recent information inspite of the prolonging of what we seek…in other words…when….Iraq needed to get some things accomplished before they were allowed to move forward….AMEN….ReddStarr…you see ReddStarr brings you articles….a good student….some of the things that were thought to be needed were accomplished already….only to find out recently….no they weren’t….now the good news is they are working faster than ever to get the remaining requirements done….
What are they….we are giving you about 40 of them Family….so to get the remaining requirements done….you can see it…read it from the articles being released now….they are not hiding anything any more…..Frank spoke of warp speed…this truly is…IMO….the speed they are moving at….hang in there a little bit more…it’s coming….every day that goes by it is even better and in better position for what we seek….
Bravo ReddStarr…what do we seek, the things the IMF wants and monitors…the information that will allow the sanctions to be lifted for them….our brother Aggiedad made a post and said….you know something Family….Dr. Selah is always a hard one to figure out and interpret….but it seems that Dr. Selah is listening to Frank26….I mean with the work that Iraq did in the first half of 2016…..you know getting the IMF loans and other things it is collectively putting Iraq on a better playing field…a field that is full of international players not just the home team who is scrimmaging against themselves…they have had some struggles trying to remember what they needed to do but they have done a great job of entering the international zone….I agree with you Aggiedad
We had a newbie that impressed me…their name is MBA-Grad…and their avatar is of the logo of Georgetown University…now this individual came into our forum for the first time and said…..Iraq needs to move off of the program rate first…the RV is the end piece of this puzzle…IMO….the first step of the process would be to give Iraq an actual rate that is usable in the real world….oh and by the way newbie…I announced a week ago last Thursday on the 7th of this month….IMO…that the GOI and CBI agreed upon a final decision for their rate…let’s now see it…..
So you are saying almost exactly what I am saying…they need an actual rate that is usable….I think they got it now….then you go on to say….once this is done this would allow Iraq to move from IMF Article 14 into Article 8 which would make the currency of Iraq internationally recognizable and usable….both domestically and abroad….this would also allow Iraq to introduce some of the new currency notes that can be used at whatever this new initial starting value is….do you notice the 500’s and 250’s sir…yeah they are doing that….
I hear some people saying….Iraq is already international…but I say that is not so…..because how can a sovereign nation be international when they are using another nation’s currency…the USD….I corrected myself today because of your post…on the very next day that you can walk into your local bank and exchange a 25k Iraqi note for a USD I would declare they are international…but not before….the UN still has to lift the last part of Chapter 7….which would remove the currency restrictions that would allow Iraq to remove its program rate….
I haven’t seen this happen yet but we know that Iraq has been meeting with UN representatives….so perhaps this is being discussed….the RV is the final adjustment….I believe what we are looking for is the removal of the program rate to a value that will allow Iraq to enter the global markets….once this value has been added to the Iraqi dinar….the currency will have value….we want this to happen before any RV of the currency is made….all of this strictly in my opinion….well MBA-Grad welcome to KTFA…..what a astute first post…you are a student…that is exactly what we try to teach….that is exactly what you put down and I thank you.
WalkingStick…he came back didn’t he….he saw you didn’t he….he waved didn’t he….as he once again said goodbye….nobody is talking.
UNAMI…..with the UN….to support Iraq’s economy….really….google it…find out…study it.
BIS….the mother of all banks…watch what they do in the next month with Iraq.
The cleaning of the GOI is something that is still going on…but I want to tell you something….I don’t want to share a lot of things with you right now…and that is one of them
Family I better stop….I think you better understand what I am trying to tell you.
Questions before winding down:
IQDBelievers….how do you invest in companies in Iraq…..
You ever play Monopoly….that is how IMO….here is what I mean….a company that goes into Iraq…IMO….is going to take in its labor force….it’s going to take in its equipment….it is going to take in its currency from its country….it’s going to take in a lot of supplies….but that company needs to take its currency to a bank in Iraq…that company needs to deal with construction companies if they are needing to build something….that company will need to take care of its employees with insurance, commerce and food….and that company will need to find their employees places to live….
So when you ask me how do you invest in a company in Iraq….you don’t….IMO….because I am not a financial advisor….I would not invest in the company….I would invest in what the company is going to invest in….in order to maintain its business in Iraq….the company itself may succeed or it may fail…but all that the company uses, construction material, banks, and so forth…will profit…solely IMO.
Next Question:
Anthony….are we still thinking the Dong and Rial are going to wait for the Iraqi dinar…..
You know something that is a teeter-totter…..in our studies one moment you see Iraq trying to be belligerent….you see Vietnam saying….hey look at our new commemorative currency….a new 100 bill….at that rate…doesn’t work…you know what you are doing….stop it…..yeah….so I don’t know….no one knows a date or rate of any currency…well especially if you ask me are they going to wait or go after Iraq’s dinar…that is a double question of the same danger…but I do know that I study all of these currencies….because they are very active…it is kind of like the labor pain….do you feel the cramp….yes….well then I think we should go to the hospital….are you dilated…maybe we should call the doctor now that we are at the hospital…your water broke….hey doc why don’t you go ahead and call the other nurses….so one minute they are talking….one minute they are not….I hope I wasn’t vague but I don’t know the date or rate of these currencies.
The BIS you see governs the movement of currency of a country….where as the IMF tells a country what they can do with their currency…and the combination of both of these is just so obvious they are doing something with the Iraqi dinar…..both of these agencies are not involved in deep meetings because they want to know the definition of a hookah…they want to know the definition of the Monetary Reform…what they are doing, where they are going….are they obeying…and if they do then they qualify to remove some of these sanctions…because we brought you into the international theater….it is your turn now.
Family to finish up….let me give you this…and LISTEN YOU HAVE TO STOP CALLING US…..what I want to leave you with is this….on September 2nd there will be a new digital platform that will be established…..for a new currency….
I don’t know….for a new value of a new currency….I don’t know….I mean they tell you what it is for….but that doesn’t mean anything….they can tell you all they want….I want to see it….so on September 2nd you should be aware of what is going to happen in Iraq….because I also want you to be aware…and I’m sure you do know already….on October 1st it is the beginning of the new fiscal year for the international world….
Do you think that Iraq will start their calendar on October 1st of 2016….do you think that on September 2nd the new digital platform will actually be activated so the ISX and the IEX can use it…and do you think that maybe that word that I didn’t want to mention tonight is going to change….I don’t know….but I am a student of it…and I do know to respect it and leave it alone until it is done…..because of the powers that are doing it.
The first half of 2016 is done Iraq…way to go Iraq….,now the 3rd quarter starts…and our file studies are packed.
My last and final sentence to you is this…..I am very serious about October.
Dismissed with a prayer.
IQDBelievers….how do you invest in companies in Iraq…..
You ever play Monopoly….that is how IMO….here is what I mean….a company that goes into Iraq…IMO….is going to take in its labor force….it’s going to take in its equipment….it is going to take in its currency from its country….it’s going to take in a lot of supplies….but that company needs to take its currency to a bank in Iraq…that company needs to deal with construction companies if they are needing to build something….that company will need to take care of its employees with insurance, commerce and food….and that company will need to find their employees places to live….
So when you ask me how do you invest in a company in Iraq….you don’t….IMO….because I am not a financial advisor….I would not invest in the company….I would invest in what the company is going to invest in….in order to maintain its business in Iraq….the company itself may succeed or it may fail…but all that the company uses, construction material, banks, and so forth…will profit…solely IMO.
Next Question:
Anthony….are we still thinking the Dong and Rial are going to wait for the Iraqi dinar…..
You know something that is a teeter-totter…..in our studies one moment you see Iraq trying to be belligerent….you see Vietnam saying….hey look at our new commemorative currency….a new 100 bill….at that rate…doesn’t work…you know what you are doing….stop it…..yeah….so I don’t know….no one knows a date or rate of any currency…well especially if you ask me are they going to wait or go after Iraq’s dinar…that is a double question of the same danger…but I do know that I study all of these currencies….because they are very active…it is kind of like the labor pain….do you feel the cramp….yes….well then I think we should go to the hospital….are you dilated…maybe we should call the doctor now that we are at the hospital…your water broke….hey doc why don’t you go ahead and call the other nurses….so one minute they are talking….one minute they are not….I hope I wasn’t vague but I don’t know the date or rate of these currencies.
The BIS you see governs the movement of currency of a country….where as the IMF tells a country what they can do with their currency…and the combination of both of these is just so obvious they are doing something with the Iraqi dinar…..both of these agencies are not involved in deep meetings because they want to know the definition of a hookah…they want to know the definition of the Monetary Reform…what they are doing, where they are going….are they obeying…and if they do then they qualify to remove some of these sanctions…because we brought you into the international theater….it is your turn now.
Family to finish up….let me give you this…and LISTEN YOU HAVE TO STOP CALLING US…..what I want to leave you with is this….on September 2nd there will be a new digital platform that will be established…..for a new currency….
I don’t know….for a new value of a new currency….I don’t know….I mean they tell you what it is for….but that doesn’t mean anything….they can tell you all they want….I want to see it….so on September 2nd you should be aware of what is going to happen in Iraq….because I also want you to be aware…and I’m sure you do know already….on October 1st it is the beginning of the new fiscal year for the international world….
Do you think that Iraq will start their calendar on October 1st of 2016….do you think that on September 2nd the new digital platform will actually be activated so the ISX and the IEX can use it…and do you think that maybe that word that I didn’t want to mention tonight is going to change….I don’t know….but I am a student of it…and I do know to respect it and leave it alone until it is done…..because of the powers that are doing it.
The first half of 2016 is done Iraq…way to go Iraq….,now the 3rd quarter starts…and our file studies are packed.
My last and final sentence to you is this…..I am very serious about October.
Dismissed with a prayer.
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