Ok … now let’s talk about LOANS.
Remember “Whimpy” who used to borrow money from Popeye for a hamburger?
Well … there are a lot of countries and institutions that are lending money to Iraq.
Example … the US House of Representatives are constantly wanting to know how much money they can give Iraq. Look it up. The IMF … constantly trying to give them billions.
The World Bank gives Iraq money. Countries that are broke are offering loans to Iraq. (LOL) .. it’s called posturing.
They can’t really give them money … but the gesture sounds/looks nice. Why?
Because they want to wipe their slates clean too. They want to make money with Iraq too.
Abadi … says “there’s no fear is us accepting these loans” – no fear for the GOI to accept any loan. International borrowing sounds like a marriage/winner.
When I borrow money – I feel guilty. But I don’t see any guilt in Abadi for accepting money – because it’s “chump-change” to them.
The LOANS are gluing the investors to the time-frame when they will lift the 3 zeros.
It’s not an ILLUSION … that they are going to lift the 3 zeros … it’s a SOLUTION!
The BRICS and Japan … no one is backing down! You do notice this now … don’t you?
Greece … lead the way! They are acting like the USA. There are no wars … no battles. Yes, there will always be insurgents and battles.
IMF – is at IRAQ’s beckon call. The IMF would easily loan them billions for reconstruction of the war-torn cities, etc.
The problem area of Shala Hudini (sp?) is filled with banks. (Security)
So if the IMF wanted to give Iraq billions of Dinars to help the improve the war-torn areas (wink, wink, wink) … they’ll take it. The IMF wants to kiss and date Iraq.
This effort has cost money and lives … so much pain. Yes we want to fix up the providences and banks … but a billion isn’t going to do jack. Iraq has enough money – Iraq is not stupid … they will take money from anybody. So many countries want a piece of Iraq’s cherry pie … and no one is feeling guilty about doing it.
We are way past SECURITY … we are looking at TRANSPARENCY now! IMO -- we can see them clearly now … real clear!!!
The laws will bring forth ACCOUNTABILITY.
What’s HOT right now? BONDS!
We’ve already talked about them … and I could tell you a lot about them … but if you re-read last Monday’s cc note – you’ll see what I mean.
We had a Team chat with all our Teams last Thursday … and we are deciding to tell you there are two issues that we’re interested in. (I don’t know what the Internet is saying … it may be completely different … and God bless them). We are very different here at KTFA.
What’s important to me and our Teams right now? Obviously the BONDS (which are in place are ready to come out) … the CREDIT RATING … and SECURITY is in place … but the TRANSPARENCY is going beyond the citizens of Iraq … it’s coming to your eyes … to your theatre. We believe that Maliki and the HCL (Hydro-Carbon Law) … means a lot to us right now!
QUESTION … from JD in TEXAS: When you say “our bonds” … are you talking about the Iraqi domestic or international bonds?
FRANK: Which ones did you buy … with USD or IQD? You can only buy them in IQD … but you are going to be given the choice to receive your windfall in either currency. Humm. There’s a lot of changes going on … so if you question was “if our bonds are no longer required to be held in reserves by other countries … then the dollar that they represent will be spent by those countries … by the US to buy our goods/services/properties/resources. Yes and no. In my opinion … it will be used to buy gold.
They will no longer be pegged to us … they will be pegged to someone else … China … maybe the IQD … you’ll start to see the evidence of it in September.
We understand the laws, security … but right now we are looking at Maliki because he is a cold cadaver to us.
So what else is there to talk about?
The HCL … that is a HOT thing for us right now … it is the Lava Flow.
Look … when they tell you something … you know very well it takes them 2 to 3 months to see the results of it. Right? Because they have been working on it for 2-3 months.
WalkingStick came out with an article … extremely important.
Now … of all of the people … the so-called “advisors of the GOI submitted a proposal to amend the Federal Oil and Gas Law to be completed within two months.”
That means they started it 2 months ago … (that’s when we heard the rumors about it).
Article 140 … which is important for the HCL … there are 30 things that the GOI has to do to lift Article 140. These 30 things were done a long time ago – so Article 140 was put on the shelf.
A few days ago ... Article 140 was brought back off the shelf and REACTIVATED once again. These are things that the GOI has to do for the people of Iraq. And guess what one of those 30 things is? The HCL!!!
Lots of number are now changing … TRANSPARENCY … so now the GOI says it now produces 4.3 Billion barrels a day … transparency is coming … they want the world to know these numbers and what they are doing.
The last part (for the citizens) will come at the very end.
The HCL is HOT … and Maliki is COLD!
The puppet master puts on a show … and the world is the stage.
The Islamic Banking Law … the actions is what is bringing forth the BONDS and the Credit Rating … it may come out tomorrow … I don’t know ... we’ll see.
The IMF is going to give them some money to clear out an area.
Dr. Shabibi … all his employees … no one is being fired … all appears to be well.
They found out that one of the Rafadian Bank directors was being “naughty” – so he had to go. One after another. (Cleaning of accounting and justice).
I know you’re hungry for these BONDS … they will have 5 Billion worth … they will be open to local banks and investors and other institutions. Also available for Iraqi citizens.
Last Monday … “there will be COINS … but they will not be for the Iraqi citizens” – they will be for me and you.
Bonds … only 5 Billion worth … which will mature in 2 years … open to local banks, institutions, citizens, investors, etc.
Why the Iraqi citizens?
They use a large amount of currency in their homes <<< where did we tell you that they kept them? LOL!
Talk about TRANSPARENCY … this is see-through underwear. LOL! Come on GOICBI … I love you … but you sound like our Monday cc calls.
The GOICBI is telling the citizens to help them … help them raise the rate. Expectations are high! They had 235 deputy’s show up in parliament – (which is unusual).
Money Laundering Law … 20 Billion USA Dollars are lost annually due to money laundering in Iraq.
They don’t want to mess with the “RI” – it’s guaranteed with all their loans. They work on the “RV” with the bonds … because the maturity date will take you to the “RV time-frame.” TA-DA!!!
You really want me to blow you out of the water family?
Last week we told you to watch the value of oil … it’s not up as high as they’d like right now.
Kuwait has been watching patiently.
Study China’s stock market. When they fixed their problems … it’s because they are ready to become world leaders with their currencies.
I want to share something with you family … the 2015 budget announces their stance … and it’s not some kind of an “advisor” … certain articles (concerning the budget) … were Maliki’s inventions to create problems – like article 50.
I really like what we’re seeing.
Article … the federal courts stripped the rights of Parliament
Right now they are working on the HCL … rather TRANSPARENTLY.
I see a lot of countries riding Iraq’s monetary reform.
Iraq has passed laws to leave the budget alone.
Water will be used as a powerful “instrument” in the association and agreement between countries – especially the Tigris river.
The private sector … rumors, conversations and the plans are extremely HOT right now.
There is NO 50,000 currency note … nor will there be!
There is NO 100,000 currency note … nor will there be!
There is a new 50 IQD note coming out … and a new 100 IQD note coming out … and lower denoms and Fils … coming out which are lower than the lower denoms
In the RV phase … there will be 2 coins.
We are calling them 50KC … 100KC … you will see me and our Teams … we will refer to them like that on the forum.
There is NO need for these COINS and these FILS … IF … you remove the 3 zeros.
What if Iraq wanted to be backed by gold as well – besides oil and all of their assets as well?
What if Iraq offered you … (Iraqi Dinar Investors in the USA) … after they lifted their 3 zeros … a coin … that would be worth 100,000 Dinars? What would it be worth American?
You have no idea what I’m talking about yet … and this is the 3rd week in a row I inject this into your minds. … food for thought, right.
You have to get past the month of September … with an RI or without an RI … you have to understand that your currency before you understand other currencies – because just trying to understand the IQD is enough in itself … isn’t it?
QUESTION: BRICS and IMF say credit rating agencies treat people as less than humans so they will be altered for their emerging countries.
FRANK: I agree with you. I’ll admit … I was rebellious towards the BRICS. I didn’t want anything to do with them. But when a DOZEN … made it clear … that they want to start all over again … they don’t want to lose. So we jumped on that bandwagon and here we are.
QUESTION: Are “Fils” like pennies, nickels, dimes and quarters?
FRANK: Yes. A dollar has 100 pennies … consider those pennies as Fils … or a [fraction] of those pennies as Fils.
Delta’s Team right now is busy.
iTeam is still not talking … but we hope they will next week. We’ve really trimmed back our Teams info.
Look at Frosty’s notes … and you’ll see that we sneak in some intel every once in a while in them – expressed solely as our opinion of them.
Good things come to those who wait … especially Kuwait.
The MR is one thing … but dealing with the capital gains after this … will be 10 times harder for some people.
The RV phase is just as complicated as the RI.
Internal and domestic BONDS being done right now. They’re supposed to sell them tomorrow … we’ll see. I don’t think so. Not at 1166.
You may need an Accountant, Bookkeeper, Wealth Manager, CPA, Tax Attorney, and an International Lawyer. Seek those with Godly intentions to help advise you how to deal with your capital gains.
The HCL is sitting right in the heart of the budget.
7/7 … a lot of things happening tomorrow.
The 12 should receive their report tomorrow. Once they approve that report … you’ll find out … but it may take a while.
CC ended with prayer.