FrostyTheSnowman » March 3rd, 2015, 11:46 pm
KTFAlways CC notes 3 March 2015
BIBLE STUDY – “Straighten Out Everything” – Philippians 3:12-21
DESSERT IS SERVED … KTFAlways STYLE!
FRANK: Tonight … I’ve called in all of our teams.
We need to talk to you about what happened yesterday.
The MR for the IQD has been done in 4 stages.
We believe we are in the final stages right now.
The budget is being kept privately/quietly – (which is obvious).
The Kurds only got a partial payment of their 17% -- (which means they’re not telling us everything).
In the last few days … what we have seen is an amazing chain of events.
If you look back a few weeks … the military is doing some amazing things.
We had to keep quiet … but yesterday we told you they are “cornering” the bad guys.
Today Wall Street Journal shows that the middle-east coalition forces (including Iran) is working to rid problems.
Maliki has been a catalyst to the bad guys. But they are being dealt with.
Security has increased tremendously
Yesterday, Delta went thru from top to bottom about the 50 IQD note.
Security increased. The 3 factors did their job.
The security is allowing a lot of beautiful things to happen in Iraq.
The mess has being cleared-up!
The 50 IQD note news shocked everybody. It’s part of the MR.
Today … the CBI gave the green-light to lift the 3 zeros from the exchange rate. WOW!!!
The article is NOT an opinion piece from an economist. Verified … confirmed … in Arabic articles too!
Seriously … this is a monumental step!!!
This is one of the confirmations indirectly from the CBI. Iraqi TV … articles … the MR moves forward!
This is what we’ve been waiting for! This is amazing! Wonderful confirmation … right from the horses-mouth!
In the last 2 weeks I have seen a lot of Article 8 compliance issues come up.
When I saw what the ISX was doing yesterday with “testing” – it was amazing.
“We have given the green light given for its implementation” – they said IMPLEMENTED of the deletion of the zeros! [Note … the words … “given” and “implemented” … are past-tense!].
They implemented the DELETION of the zeros of the project! Sweet dear God! This is [like] Mr. Ed … talking!
I believe we are going to see the process speed up … as we head towards March 14th of this month .
Green light from the World Bank is the one who provided the 10 Million to reconstruct the bank in Iraq … the one that came up with the idea … the green-light from the World Bank … banking system in Iraq … the CBI … they control all of that.
Some people are getting confused because we have the deletion of the 3 zeros.
The currency that they reprinted (250 up to the 250,000) has the most security [features] in them.
The first thing they are going to do is increase the value of the IQD … and gradually introduce the lower denoms.
We believe that everything is done.
Abadi said about a month ago that they were working on the MR.
The announcement today by the CBI … was about a month later. They have to have a press conference to say what they are doing. <<< [we believe that this article was like making that announcement]
Because of the budget they need to do it. The timing is there.
IMO – I don’t think we will have to wait for next week.
We should/must see the new rate from the CBI in the next 24/48 hours … because of the distributions of the budget.
The timing is not a coincidence! MasterCard and Visa program kicks in at the end of March. The market economy will be in effect and activated by the end of March.
They say that the project to delete the 3 zeros is going to take 2 years. Translating the Arabic articles … what they mean by that is when they reach the point of the 3 zero notes … they will phase them out … they will probably still be legal tender for a long, long time … but the rate has to change first!
Based on what we see … the budget … and what the Kurds got … the starting rate … could come up at 10 cents … I don’t see the rate coming out higher than 30 cents. Between 10 and 30 cents.
Remember … the Iraqi citizens mainly use US dollars.
The king [of currency] in Iraq right now … is the $50 and $100 bill [USD].
If they came out with 10 cents … (the 1,000 dinar that most of Iraqi’s carry) … will be equivalent to about $100. The 1,000 dinar will become one of the most useable.
We may not have to wait for 2 years to see the rate go higher. Free float may drive it up.
The first thing we needed was security – and the evidence is profound!
When we began to see/hear what was happening militarily in Iraq about 10 days ago … WalkingStick would produce article after article … it was amazing! Look at the ships in the gulf. It happened so fast!
I think the next thing we will see will be more about the budget.
All of the money that was supposed to arrive at the different Providences. The CBI knows exactly what they have [money supply]. A lot of people are scheduled to get paid. Power of purchase is key. They are scheduled to be paid.
If the rate comes out at 10 cents … they will have power of purchase.
The providence of Kurdistan … at 10 cents … they will have 25 Billion Dollars … oversupply … [bye bye deficit!]
Yesterday there was a key meeting with the Financial Meeting and the CBI.
We believe they are about ready to pull the trigger.
We are right there … IMO … within the next 24 to 48 hours because of the budget.
FRANK: The budget is being loaded with so many things – for example … water! They have diamonds, phosphorous, etc.
4 Rivers … all flow into Iraq … bringing minerals and great wealth.
[Sometimes fake articles surface on the internet] … this [news about the CBI] is for real folks!
FRANK: Delta … you read this article in Arabic … correct? This is not from an economist or an internet joke!
DELTA … yes … we have several sources confirmed … this CBI article is for real … 100% original fact!
We knew something had to happen. The value has to change. The liquidity is such a problem. Yesterday I gave so many examples of their liquidity problems.
We should start seeing the rate move. Expect something in the next 24-48 hours.
Now that they have the green-light … it could happen today, tomorrow … this was the announcement from the CBI.
FRANK: a simple article … no fanfare … citizens won’t see immediate wealth from this.
What the Iraqi’s will see is an increased lifestyle. A decent life. Retirement, insurance … dramatically improve.
Now that Maliki is out of the way. M had Iraq in his hands … he fumbled the ball … and its’ going to cost him and he knows it too.
IMO -- “This is there [CBI’s] announcement” – no fanfare. Phenomenal!
FRANK: I do not disagree with Delta that the rate will go up soon.
I can’t offer anyone any advice … but Delta let me ask you … when the value goes up 10 cents … are you going to exchange all of your dinars?
DELTA: Of course not. Personally … I’m NOT going to give any financial advice. I’m NOT going to rush right way. Give it a week … 2 weeks. I will probably wait a few weeks. Because it could increase 5 cents in a month. Be patient and control yourself. You could exchange a little bit … but after the spread you may only get 6 cents. I’ll probably wait a week … two weeks. I’ll take my time.
FRANK: I might exchange a little bit to take care of my bills, but I’m going to wait and see what happens. Take as much time as you need. Go slowly … whatever rate it comes out at … it probably won’t stay there … that’s logical.
When you and I saw that the 50 IQD note was being removed … we knew the citizens would be told to come into the banks and get credit for the 50’s (which will become obsolete). Brilliant timing! The citizens are coming into the banks before they become obsolete. The banks take them in at 1166. Simply brilliant!
DELTA: makes perfect sense. Keep in mind … once they increase the value … there is no way back! They must get it right! It cannot fail! Brilliant! It’s coming to the end … you can tell! AMAZING!!!
CBI --- they have the green light. [With a green light| and you’re in a vehicle … and you get a green light … they are going to go right now and move as fast as they can. The World Bank has finally given the green-light! Beautiful. Amazing timing. The 12 control the World Bank.
FRANK: here’s ½ of the 12 … UN, BIS, UST, IMF, WB, WTO … (that’s 6 … that’s enough)
FRANK’S INVITED GUEST:
This gentleman owns 20 acres in Iraq. Showed proof to Frank of the “findings” on their property. He said … “most people don’t understand how much wealth is in Iraq. Very few people understand the value of what is in the ground. Gold and silver is not the main thing. As Iraq moves into the MR … they will be loading both sides of the balance sheet. The elements they are pulling out of the ground is amazing! BackDoc has it right. It’s not just about what is above ground. It’s all assets!”
DELTA: The money is there. They can support any rate that they want.
FRANK: Delta thinks we’ll see the new rate in about 2 days … I [Frank26] think in about 2 weeks … what do you think …about what the CBI said?
GUEST: “Based on the conversations I’ve had today … I would have to agree … things are right there. Just remember, there is a lot of value there.”
FRANK: I believe in Abadi.
GUEST: WS has shown a lot of issues about the bonds.
FRANK: The budget is loaded with stars!
Let’s see what happens in the month of March.
DELTA: BING, BANG, BOOM! Keep watching the CBI in the next 24-48 hours!
FRANK: This is a historical day!!! When they do raise the value of the IQD … we’re not going to continue to study it. Our primary source is to study God’s kingdom. I don’t want to talk about currency anymore … just God’s word.
If we have any further information … we will share it on our forum.
DELTA: or by emergency cc
FRANK: Please don’t miss AggieDad’s posts. Read his article summaries.
WS – please continue your compilations!
Newshounds – please continue
Love you all!
CC ended with prayer
KTFA Tuesday Night CC. Approx. 126 Minutes Long
Bible Study and Dinar Iraq Intel
PLAYBACK # : 760.569.7699 PIN: 156996#