Post From KTFA by FrostyTheSnowman » March 18th, 2015, 1:02 am • [Post 103]
KTFA CC Notes 17 March 2015 "Dessert Is Served" - KTFAlways Style Part 1
** The comments made by Frank26, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial advice. **
FRANK: The CBI and GOI both did something historical … the biggest advancement in the monetary reform of the IQD. The combination of these things are incredible!
]#1 – The banks of Iraq have their own SWIFT code for Int’l communication. These banks have been transferring money and doing wiring-transfers for years – which is no big deal …
but they have never been able to do it with a SWIFT code. This is the first time. Which is an Article 8 requirement. Question -- What is another Article 8 requirement? Answer: the lifting of the 3 zeros
#2 -- The very last sentence I left you with last night was go to the CBI website … and follow the information that was given by Delta and his team … to look at the missing info on the CBI’s website (on their book page).
Remember the NEW article that Delta posted … where the governor of the CBI came out and said (that same day in an interview) … “yes we are in the process of lifting the 3 zeros.”
When you go to the CBI website and you don’t see 1166 anymore … it’s because they lifted the 3 zeros.
Delta’s team found it. 1166 is not in the column where it should be. Normally it is … on the 18th it disappears for a few hours and then comes back. Why would they need SWIFT codes for 1166?
TopShelf called me today … and he gave me something … (SEE Tink’s POST #42) … it is a copy of a page that showed the previous page with 1166 on it.
FRANK: Come on in and tell us what you have …
TOPSHELF – Hello Frank. Ok … see post #42 … which is a picture of a spreadsheet -- showing line 3 on it.
Line 3, 4 and 5 were removed.
I have every single spreadsheet dating back to 1993.
I have everything on the CBI and ISX.
It’s pretty straight forward.
I pulled it out from 2013 because it was the first time that line 16 had a number in it … which pertains to “certain auctions” and how they swapped certain currency out. That will come into play later this week.
Line 3 seemed to be the question from everyone.
I even know the day and the minute they took 1166 off!
I’d like to go back even further … when was the last time we talked about February 18th? We talked about it last night. Today is March 17, 2015.
I have spreadsheets surrounding me … it’s confidence … it becomes very simple if you know what you are looking at.
February 18th the CBI was told that the 19th will be the last day for your auctions.
Now … February 26th at 1:44am was the last time they changed this spreadsheet.
There are more pages to this website than they are showing you.
Quite a bit of detail for the older years … but if you have access to it … it is very clear to see the value they have given for their currency. The amount that is in circulation.
They could put the lower denoms in the system and not into circulation. Keep that in mind. As soon as it starts to circulate the Iraqi citizens will get a lot of bang for their dinar.
They pulled the 2014 numbers. The numbers that used to be there … are not there now. (The numbers are there – you just can’t see them now). That’s what I’ve been playing with. Based on what we’re able to see … what the public gets to see is different … but there is a value.
I think that as soon as they decide to show this on their balance sheet you will see the value show up. On the ISX and the CBI … you’ll see it on their reports that they do weekly.
Notice that they do it every 7 days.
I think everyone has seen [on the CBI website] where the CBI stopped having auctions.
Considering the 30 day window … that we talked about last night … and the fact that February only has 28 days … so look at Wednesday is the 18th … Thursday is the 19th … Friday the 20th is their Holy Day … so technically it would be the 21st
Keep in mind … IMO … they could announce it any time before then. It will be interesting to see what they do.
There are also number on another website.
We knew when they started updating the ISX site that things were starting to move along. We are seeing huge volume move thru there … so much volume … and not even at dinar value. It’s very deceiving. We’re going to see an adjustment on the ISX. It will be crystal clear.
If you go back thru every single page of their data … you’ll see it. The numbers don’t work.
I can only come to one conclusion … the value is different than what 1166 is.
FRANK: I’m still tempted to tell the family what they could do.
TOPSHELF: I don’t think we should just yet
We know the last day that anyone edited it … at the time they left it open.
It [the spreadsheet] has only been saved and edited since February 26th at 4:44 AM.
FRANK: On the 17th thru the 18th … I feel in my heart that we are going to see indicators that the CBI website is going to come back.
You mentioned that the ISX may do the same. They are symbiotic twins right now. We should see a “reflection” of their numbers.
On the 18th … do you think we’ll see 1166 [or any changed rate] … or the following day?
TOPSHELF: I think … it’s a matter of one thing … it’s either the 18th or the 19th … based on certain calculations that I’ve watched and seen them adhere too. They have rules only until they choose to do things differently.
How long did they have to put the budget into place? From February 16th.
FRANK: Once it’s funded? (3 days)
TOPSHELF: So if you post the budget February 16th … could they “back-date” it?
They didn’t release it publicly … but it was recorded as the 16th. Technically they had to fund it within a certain amount of time.
Then once funded … they had to stop … because they had to fund it at the new price. The 19th … the question remains … do they count that day or not?
FRANK: That’s what we’re trying to figure out the 18th or 19th
Comments may be made at the end of Part 2 Thank You