(Just Da Truth post OOMF)
Frank’s CC Notes 9/26/2011
Frank comes on and is speaking with IceMan. They are talking about the time that IceMan saw the lower denoms in the bank and was going to take a picture but the bank teller discouraged him from taking a picture because of the security cameras in the bank.
Frank is heartbroken about the lies all over the internet that is causing trouble for everyone in this investment.
Frank wishes to correct a mistake he made last week and will correct himself tonight.
Frank said he spoke with Ali to ask if they were still going to do an office in Toledo, OH and Ali said yes, and apologized that he is so very busy after coming back.
Frank’s wants to talk about his mistake – last Monday – Frank believes the interpretation they got from Shabibi, that they were trying to release the LDs and pay their salaries around Oct. 1 and have the avg. citizens pay to be increased by 4 times. Very interesting… Is this the info you plan to give at the UNSC and Talibani with IMF and the World Bank. Yes. What about the rate??? Chester-cat smiles from CBI advisors…
Oil needs to be retreat back. Amazing tsunami of an oil spike could be coming. Otherwise it will level off and stabilize.
Where was the mistake? When do you plan to release the rate? Plans of doing that at the beginning of the fiscal year of the GOI. Which period will Shabibi be using to release the rate? The fiscal year or the calendar year? Frank feels he has assumed incorrectly about Oct. 1. From all the information that came out in the last week from the World Bank, that this may not be the case.
Frank said he’s been looking for evidence for Shabibi arriving back in Iraq but he has not report of this yet. Shabibi hasn’t come back to Iraq yet. Frank said this is BIG!
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Inflation is our trump card. If it doesn’t happen by Oct. 1, Frank will have to speak to us about this possibly of the RV not happening until the first of the year because Shabibi has been saying he is going to do this at the end of the year.
Inflation from Team’s report is now in double digits, more info on this later. Remember last week Frank said that Shabibi would take center stage at World Bank, IMF, UST. Maliki would fade away! Watch him slowly fade away, watch him shut-up! There is nothing he can do to fight the monetary policy change.
Shabibi is in the middle of the world center stage. Now he’s telling the "Authors of The Plan".
Maliki had the audacity to ask the CBI for money, Shabibi drop kicks Maliki to the curb! Shabibi, tells the GOI to slap Maliki around for him. GOI/Parliament are passing laws, but they know they can’t do all of that to Maliki. They ask Shabibi not to embarrass them around Maliki.
What kind of laws. We will learn of them later as they show up in the media.
Laws are being passed in order for the coins to become legal tender and how they are to be used.
We are looking now towards the end of the year because Shabibi has mentioned this many times in articles and now Frank believes we need to consider this from Shabibi.
The US has made it very clear we will support Iraq after moving troops out of Iraq.
News from Iraqia TV – Shabibi and advisors speaking with IMF and World Banks – They are telling Shabibi to “Fix your rate!”
Shabibi spoke with reporters for 2 min at World Bank meeting – spoke about exchange rate – trying to get info from these reporters.
Gold – should slow down or stabilize but likely to decline because the dollar is climbing slowly in value. Oil also is declining; it is a gauge, a barometer.
Bluestar – chimes in to quantify and qualify some thoughts.
Frank says we are likely not listening enough to Shabibi, and we have to consider what we have been seeing.
They could increase the rate of the dinar without an RI/RV to control inflation until they are ready to RI/RV first of the year.
Article 140 is looking to be finalized between Oct. 2 – end of the year. The Erbil agreement is about to be agreed upon and passed.
Delta arrives on the call. Frank lets Delta know what he’s covered in recap.
Meeting in Wash. DC with Shabibi & Advisor with the IMF. Financial Minister and another advisor with the World Bank.
The reporter IMF and CBI – the exchange rate – reporters for 2 min talking about exchange rate.
Today on TV – HCL is going to be passed behind closed doors; nothing to do with the RV.
Yesterday article came out – shows some of the denominations – doesn’t look like the ones we expect or know about. Could be that these were the new lower denominations. Delta said if anyone has the software to make the pictures clearer to be able to tell better that would be useful.
Interview with Shabibi and advisors about them doing this around the fiscal year, which Team has learned and discussed this and come to find this is likely Jan. 1 – Dec. 31.
They have to do this before they pay salaries. We still have 3 days till Oct. 1 when they will pay salaries – anything can happen!!
The red line of the inflation is double digits; they have to act to control the inflation.
Articles about 2013 – it will take 2 years to implement and finish the monetary policy by 2013 and return to the 80s and 90s.
The dollar and euro are climbing. The index of the dollar is right now about .76. When it reaches .86 then the RV may likely happen. Rate may likely start .86 – 1.00.
Articles are reminding us that they are about to increase the value of their currency and they can use it to pay their bills internationally.
Federal side is talking about the changing of the monetary policy.
Frank reminds us that we know it is coming. When the RV occurs, watch the rules change even with the IMF when everyone starts to make money on both sides.
Frank speaks of a pattern that has been shared with him he is going to share with Delta about some incremental changes in the rate of the dinar from as far back as 2003.
Delta and Frank discuss things more in depth to allow information to sink in. Done
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