KTFA MONDAY NIGHT CONFERENCE CALL NOTES 06 April 2015
** The comments made by Frank26, Delta, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial advice. **
PLAYBACK LINK: https://www.freeconferencecallhd.com/playback.html?n=OTQCw/jhR8f
All the articles Frank talks about in the call are posted here:
As you know … the Internet seemed to be quite during the week … but we [KTFA] were not.
Can you see this? [Frank held up a stack of papers] … 77 pages … just ½ of the notes of our report for tonight.
Remember the skit I did with TopShelf a few weeks ago? What was the jest of that performance?
It was to show you that Abadi doesn’t know the date.
The governor of the CBI doesn’t know the date.
Abadi is being pressured … and that is a wonderful thing.
Pressure is good when you make oil … diamonds … and when you are about reinstate the value to a currency that has been dead for a long time.
The pressure on Abadi is not a negative pressure … not a delaying pressure … but a good type of pressure.
We told you a while ago … that these two got together … [Abadi of GOI and Ali of the CBI] … the pinnacles of the GOICBI … and they talked about how to increase the value of their currency because they need liquidity.
Are you ready for this?
They are still talking.
The only articles that we pay attention to are the ones that come from our forum.
WalkingStick is a unique human being. He knows exactly WHEN and WHERE to look for these articles.
WalkingStick rolls his eyes a lot … because other forums post things that is … well … just garbage that doesn’t belong on our forum.
Sometimes other people try to help by posting articles.
Anyway … Abadi and Ali (GOICBI) … these 2 gentlemen are still meeting and talking about how to increase the value of the IQD.
Every morning at 5AM … they talk about the economics about their country. EVERY MORNING! After that they go off to their respective job/duties at the GOI & CBI.
Something happened … that caused attention on our behalf between these two gentlemen.
Everyone in Iraq knows that they’re meeting … and everyone knows what’s happening in Iraq
Last Thursday [I believe it was Thursday] … Delta’s brother-in-law called early in the morning … and said … “Delta, hey on our TV … they are showing some important information that you might want to know about. There is a reporter who went to the GOI and started to ask some question … (all related to money, liquidity, private sector, salaries, etc.).
The [male] reporter couldn’t really get an answer … but he find out that Abadi and the governor of the CBI were meeting.
So he goes to the CBI … and asks “WHEN” is all of this going to happen?
The answer came from the CBI … directly to the reporter … that they are working on it and in a couple of weeks … our goal is to get the IQD equal one-to-one with the USD.
Then that same day … we find out that O signs an Executive Order … (dealing with the Internet cyber-laws).
An hour later iTeam calls and says that they are shutting down the Internet in Iraq.
Humm … our teams tell us that the reporter asked the right person the right questions … and the answer was given … and that answer appeared on Iraqi National TV. That reporter told the citizens that the CBI is saying that the IQD should be on par with the USD.
Did you think that Iraq shut down the Internet so they could tell their citizens “privately?”
Why? We believe it was to calm the citizens because it’s not a good thing to show negative images right now when you’re trying to get businesses to come into Iraq … and the insurgents are looking for any vulnerable weakness right now that they could convert to their advantage.
During this whole week … even up to today … the governor of the CBI and the Prime Minister continue to meet.
So many things are waiting in line.
Abadi is under extreme pressure because he is in charge of the 2015 budget which controls everything and so it appears that Iraq mimics the USA and starts to go month-to-month.
For the last 2-3 weeks the GOICBI have been talking directly to their leaders.
This reporter … used a very good [keyword].
We have seen the CBI use this word.
“THERE IS AN EXPECTATION WITHIN THE NEXT 2 WEEKS TO BE ONE-TO-ONE ON PAR WITH THE USD.”
Is this “insider information?”
No. Currently the IQD is not “International” – there is no “insider information” – because this is a speculative investment. If the IQD was on the ISX as International – then yes … then there might be a problem.
Everyone knows that the board of directors can be punished if they give a date.
The rate has already been figured out.
The date is serious top-secret information.
The rate is no surprise … but the date is.
You know something … if you look back at the histories of countries currency revaluations … and they almost occur in the middle of the month. Always. Humm.
Iraq does not care about “insider information” – not one bit.
I talked to two different “WHALES” recently (who called me). One we found out was “using us” – and both whales want to buy-out the dealers.
The hubs are drying up with IQD.
So … Delta’s brother-in-law called Delta … EXCITED!!! … Just so you know, Iraqia TV is 24 hours … but not like the 24 hour channels you are accustomed too.
The first 12 hours are “LIVE” – which is the segment that the reporter was on.
The 2nd twelve hours is usually a re-run … but a second reporter … [female] who specializes in the finance department/budget issues. Interestingly the second report from the female reporter wasn’t a rerun.
She was explaining info about the CBI. They both said within weeks that they would reach … an “EXPECTATION” that the IQD would be one-to-one with the American Dollar.
By the way … the Internet went back up yesterday (Sunday) – it was down for 3 days so they could “privately” talk to the citizens.
Who shut down the net in Iraq? USA or Iraq? Humm.
One of the things that the first reporter pushed … when he tried to ask Abadi … “how come we don’t have a budget?” What about the private sector? Why don’t the banks have the Qi Cards out? No liquidity. Why did they stop the loans? Why, why, why?
BTW – as far as the LOI … we based it on March the 3rd … the date of the green-light from the CBI. Is it the 3rd of April? (It’s already the 6th. We asked … we’re learned). We may talk more about that tomorrow. We have information about it.
Do you know when they did this trifecta? April the 3rd.
Less than a month … these articles that you are now starting to see … they are starting to tell you more about their liquidity problems.
The patience on behalf of the citizens is growing very thin.
They are waiting for the new value of their currency.
On the 3rd … that’s when we found out that’s when the process was started.
March 3rd it was started … and we felt it should have been done by the 3rd of April … it wasn’t ready … so they tell the citizen that they are “working on it.”
This whole process must be done correctly. Controlled correctly.
They continue the 30 days … they got rid of the 50 IQD … so that the citizens won’t be so confused with the 500 note that is still out there.
Delta and his teams believe they’re going to pull a fast one on us!
The citizens know all of this.
Not all of the articles contain the info that you need.
There is an “EXPECTATION.” You’ve only seen that word used ONCE by the CBI in a past article. Like two months ago.
Maybe … in my opinion … somewhere between 85 cents to a dollar.
The Providences are being patient because they are being rescued from terrorists.
Every time an uprising crops-up … Abadi is there to diffuse the situation.
War in Yemen is ugly.
Iran thinks they are so cocky because they brought down one of our drones. Seriously? Do you know what a “Trojan horse” is? (wink, wink)
Yes … they got the green light on March the 3rd … and now it’s a glowing green light.
Unfortunately … O when he just became President … pulled out all of the SECURITY that was needed for the MR … everything went into the hands of M … who became a dictator.
When the minister of finance and the minister of planning got together with the GOICBI … who was recommending how to do this [RI/RV] … they came up with the figure of $1.17.
Where did they get that number? The exchange rate at the time was 1170. So if you remove the zero over … you get $1.17. So what did the minister of planning/finance tell them? No way!
You’re going to need at least 3.2108 (which is an RI) = $3.22. But now adding 10% for inflation would have been $3.86. But we pulled out … and everything went to pot.
Today … the pattern … liquidity is a huge problem with the CBI.
The CBI, the finance committee … keep saying the same thing … “in the next few days” … “in the coming days” … how many times have you seen/heard that? [It’s exhausting!]
The reporter asked … because the CBI continues to talk about raising the value … BUT WHEN!
All nations are EXPECTING for the value to change.
The US Dollar is high … and there’s no logical answer for it.
They need to change the rate first … with the rider.
Delta’s brother-in-law is the one that triggered this off to us.
The fact that there is an “EXPECTATION” for the IQD exchange rate to be close to a dollar – that news is SIGNIFICANT!!!
An EXPECTATION it could happen in the next few days! Will they pull a fast-one on us? That’s alright with me!
We believe that this past Saturday and Sunday (yesterday) … many laws were voted on.
We believe that these had to do with the monetary reform.
These laws could be the last ones that are needed.
We believe an article may surface soon about that.
The CBI said what we’re telling you what they said.
Clearly the articles don’t give us the full details.
Our Teams back us up on this fact about the CBI.
This green-light was given on the 3rd of March.
WS – could you please find article … around March 3rd … where the Governor of CBI said something about the green light and teaching their people/employees about the new model and lower denoms - that we already have.
And they said something like “we will be introducing it in the next 2-3 days … but this process is still ongoing.” They needed to train the banks/employees. Security needed for the banks … so 16 countries came to protect and secure them.
We believe they have finished that process.
16 countries … you’ll read about it soon … kicked the daylights out of the bad-guys and removed them. Fixed and cleaned-up, secured banks for the MR.
Somewhere between the 10th and 12th … the CBI says something about 7 coins.
Where are the 7 coins and lower denoms?
This process now is now within the banks … teaching … training their employees. It’s hard to have a “Grand Opening” if you’re staff doesn’t know what to do. Remove the 50’s. All of this is a process of the MR in the last 30 days.
In the middle of the month … it’s very common to see the value of a currency to be changed.
Let’s go into another related topic …
There is a “DEAL” going on right now with the USA and IRAN.
Saudi Arabia is very instrumental in this process.
What is going on in Yemen is ugly … Iran is not happy … but it is important that IRAQ “claims” (the word “claims” used in another article) … victory over the Islamic state. It’s important to get certain territories back. Many banks in these Providences need to be protected & secured.
The 16 countries and Saudi Arabia are not happy with what Iran is doing.
This “silent mode” that you’ve seen over the last few days might encompass that too – but we’re not too sure about that.
One of the things we’re noticing is a PATTERN … equivalent / similar to our government (USA) is happening … our government really doesn’t have a budget. They figure out how much they need and then pass the necessary legislation in order to have “funds” they need. Not real money … but electronic money. This is the same thing that is happening in Iraq right now. Did you notice that?
The Peshmerga army got paid last month.
Here we are in a new month (April) and they got paid again.
They gave them 40 BILLION. 40 Billion for a whole army? Seriously?
We keep seeing this one-to-one pattern.
Everyone gets in line … inch by inch … month-to-month at a time and Iraq is in big financial trouble. No liquidity. They scrape month-to-month.
They have essentially and “silently” told the citizen that it is coming … don’t cause trouble!
Because if they show any weakness … it shows M to take advantage of the situation.
They are trying to get currency for their 2015 budget.
There is a process to get to Article 8 … to change the value.
No one is happy with this budget … because it has no liquidity.
The rate just has to change.
iTeam will not join us any longer … until they understand more about what the Executive Order is going to do. This EO is not good. Not good for American citizens – but the price for freedom.
Iraq needs 7 BILLION DOLLARS per month just to function as a government.
That’s 7 TRILLION DINARS! You can do the math. They need to raise the value of their currency.
Only specific things/people get paid.
Security … take care of the soldiers … banks … etc.
The next 2 weeks are going to be crucial for Iraq.
CBI cannot give the GOI a date … so they tell them “get off my back.” We’re doing it.
What else needs to “GET IN LINE?”
BONDS … also need to get in line. Bonds will kiss their “futures” goodbye if they don’t see VALUE soon!
EVERYTHING … is waiting in line.
Pray for the ugliness in Yemen.
In my opinion … Africa is next.
Topshelf, please come on in!
Comments may be made at the end of Part 2 Thank You