Post From KTFA by FrostyTheSnowman » March 17th, 2015, 2:06 am •
KTFA Conference Call 16 March 2015 Part 2
We have watched this spreadsheet very closely … to watch the M1 and M2 … they removed M0 a while ago. We used to talk about M0 a lot … to see the numbers to see what’s going on.
Every Wednesday they would update this … but now once a month …
2 or 3 days ago I noticed it had not been updated. But then 24 hours ago … on line 3 … something was missing … I noticed the exchange rate was missing … the whole line was taken out. Why?
Why would they delete the 1166 rate? For them to take these numbers out … it tells us … in our opinion … that the program rate may be changing. This is very significant. I doubt it’s a glitch. If it was … why aren’t any of the other lines missing?
Next ... If you look here …
Notice cell #16 … you will see a redemption of 305 million dinars. We believe these may have been the lower denoms that went by private jet to various providence's.
The governor said on March 3rd – we have the “green light” to delete the zeros … and have 2 to 3 years to start implementing the process. In order to implement … they have to be Article 8 compliant which requires a international rate.
In order to be Article 8 compliant – they have to change the rate.
Over the next 2-3 years they will phase out the 3 zero notes that we have.
Another confirmation … we do believe that the 1166 rate is out because they will not work with that number when they pull the trigger.
The SWIFT codes … very, very important. All banks have a digital address (SWIFT code) – sending money from country to country.
Is the IQD international? Not yet.
When the CBI pulls the trigger … any bank / exchange center will see the SWIFT code for the IQD.
We believe we have an excellent window this week!
We believe they will not revalue the currency in the middle of the day.
Think about it … we all know the budget was passed – but the money is not distributed yet. The Providences are waiting to be paid.
They are waiting for the new numbers to come out from the CBI.
There is no liquidity.
Everyone is waiting for the numbers.
Very important event THIS WEDNESDAY … the private sector should be “activated” this Wednesday! Requires Article 8 compliance. In order to have a market economy … without Article 8 – they can’t accomplish that. Freedom of capital is key.
Why are they waiting? They need Article 8!
The GOI is waiting for the CBI … who is in the driver’s seat.
For accounting purposes … every time they have had a monetary change … it occurred during the middle of the month and either on a Tuesday or Wednesday.
The CBI had an urgent meeting with the tariff, customs and taxes in Iraq.
Logically we have to see new numbers.
Taxes? … as high as 300% on liquor and cigarettes … and 15 to 20% minimum on the citizens.
400,000 retirees outside of Iraq will be able to get their funds via their Visa Qi Cards – [backbone off of the Visa / MasterCard system] – which will not work if they are not international. By the middle of March, these cards will be distributed. A program rate of 1166 will NOT work!
If we don’t see something this week … then they can’t activate the private sector.
Everyone is just waiting for the CBI.
By all indications … we should be able to see something. Be very excited to see what this week brings us!
FRANK: That was the best report that any of us have heard regarding our investment!
Do you think that 1166 will come back on the 18th?
DELTA: No. The deletion of the zero note is key … and at 1166 that won’t work.
FRANK: I don’t believe it was taken down because it was a mistake. Too many things are falling into place. Everything is lining up.
I’m curious to see what happens in the next few days.
FRANK: Topshelf … do you think that 1166 will come back?
TOPSHELF: Nope. There is some very important “stuff” on the CBI as well as the ISX. If you know what you’re doing with spreadsheets … and the keyword “value” … value is also measured in numbers.
The calendar has numbers. I would say that by the 19th or 20th of this month you will see the rate … in my opinion of course.
I’ve come to the conclusion … I haven’t talked to Delta … and based on the homework I’ve done … there is an actual projected window that does exist that is based on their work – that they’ve done so far.
Go back to February 18th and see what’s there. I’m going into too much detail. There is disclosure out there. If you understand spreadsheets … if you see what’s in the box … the end answer is in the formula!
I have confidence because I know some numbers. When those numbers showed up … I understand what I’m seeing … and the difference between “apples and oranges.” There is a window, and a value. It makes sense!
FRANK: Delta, I’m impressed that the IMF comes out and says to Iraq that the “consultation period” has come to an end. [Babysitting is over]. IMO -- basically, the IMF is saying that Iraq (GOICBI) can take down the 1166 number. We’ve got your back “security” wise. No one can touch you.
DELTA: All indications from the CBI … and one of the biggest confirmations is when the CBI finally said (on March 3, 2015) they had the “green light” to implement and delete the zeros. It’s in Iraq’s best interest to revalue their currency … it really is all that is going to save them.
Remember … last week … I had a friend of mine who tried to send some money from their brokerage account … but Iraq suspended the ability to wire funds out of Iraq. Why now?
What are they waiting for? They are waiting for the new numbers. A new rate! … and IMO … very, very soon!
TOPSHELF: I think they literally did it back in February … and we’re just hearing about it. Since the 13th of March, I’ve been studying some spreadsheets that I had access to … in “protected view” – (which I can’t edit) … but I was able to view some formulas.
It’s amazing how it all fits together. I think we’re in a window of the 18th of February … for 30 days … and keep in mind … February only had 28 days … to see something!
FRANK: The Kurds are in Baghdad. They are basically saying that we paid our part (of our oil) of the budget … now give us our part. GOI said … “the check’s in the mail” … but the Kurds basically said … “we’re coming to pick it up!” The Peshmerga Army went with them … and they got paid and went back home … but Kurd leadership is still there. Z basically told them to “chill” … it’s coming!
DELTA: We know something is about to happen. There is no liquidity. They can’t survive at 1166.
When the country accepts Article 8 … they have to send a letter of intent to the IMF. They basically have about 2 more days. Very interesting when they took the numbers out of the chart … indirectly it looks like they got Article 8.
The only thing we are waiting for is the announcement from the CBI.
TOPSHELF: Frank … have you ever heard anything about a rider?
FRANK: LOL! It will be used … it is being kept quiet. It will be used … just like we told everyone. (Ghost confirmed – the rider exists).
TOPSHELF: It’s a value that we’re looking for. The Kurds want the value now, but they have been patient because they know that it’s been ALLOCATED … and that amount will be allocated into what it should be … (the NEW value dinar).
The NEW value of the IQD will translate to every currency. It’s all a mathematical equation. We all make gains from there! That’s why I’ve been studying the spreadsheets. In an “open” mode … you can see formulas.
FRANK: I don’t think they are preparing to go Article 8 … I think they already are. The evidence is so obvious. The IMF is working with them to put up the new rate. The next thing to follow will be a new number instead of 1166.
TOPSHELF: Summary … whip-cream, cherry and nuts! It’s all done!
DELTA: Summary … BING, BAM, BOOM! When the CBI said they have the “green light” – that was it! Over the years we all have gotten our hopes up. As a family we have all come back stronger. ‘
Now it is really different! The 1166 rate will not help Iraq develop the private sector or go international. We need to thank God that everything worked out with Abadi! Iraq will show the world that they are united!
FRANK: Summary … thanks to all our staff! Is this CBI spreadsheet PDF file an “illusion”? We don’t believe so. The ISX is green – meaning they are profitable now! (How did that happen at 1166?)’
Things are going to make a whole lot more sense very soon. I can’t share the evidence of what we have now. We don’t have to be champions of intel … all glory to our Heavenly Father. Dinar sites … if you copy us … please copy everything. Don’t delete some of our words.
Here’s some more news. This just came in. Some of the data on the spreadsheet … more of its missing.
Again yesterday the governor of the CBI came out and said we’ve got the green-light!
God bless you!
Tomorrow’s Bible study will be on … “work is a blessing!” No Hawaii tour tomorrow because we’ve got more to tell you. Call ended with prayer
Let’s see what the IMF has to say in the next few days … and what the CBI does! If it comes back at 1166 … you need to be strong and stronger! Aloha!
Monday Night KTFA CC . Approx. 163 Minutes long.
The first part is Business Promo Night and the second part is Iraq/Dinar Intel.
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