Post From KTFA 11-19-18
KTFA Monday Night CC Notes 11-19-18 Part 2 of 3
WS: Frank, the reason you want more and more about President Trump is because what President Trump wants right now from Iraq…and Iran.
WS: Like I told you it’s one thing to go to the USA, but it’s a completely different nightmare of logistics for Donald Trump to go to Iraq but note that on our last Monday cc we told you that this trip was possible, IMO, remember that?
FRANK: Yes, sir, I told them.
WS: ….And, no one in the internet even suspected it.
FRANK: No, sir, they didn’t.
WS: Frank, the bonds.
FRANK: What about the bonds?
WS: It’s not important.
FRANK: I know it’s not, but the reason I have it on my list is because I want my KTFA family to understand it better.
WS: Okay, look, your family is confused.
FRANK: They are?
WS: You have to understand first of all the gentleman –(hold on we’re being flooded and shut down..it looked like we’d be broken…it’s amazing we haven’t)….WS said concerning the bonds, your KTFA family is confused.
FRANK: Confused? Well let’s help them.
WS: All right…Tell them the following: Your analyzer, Militia Man, brought you a good study that he had, and MM, along with your KTFA family, what they needed to do is scroll down a little bit further to the site that MM gave them and they would have noticed serial numbers for Iraq.
WS: If you would have taken those serial numbers and put them in then they would have given you two different other bonds.
FRANK: What do you mean?
WS: These were bonds that were actually from a few years ago – they’re different. THOSE were international bonds and they are backed by American dollars.
WS: One of them was actually set at 1 Billion, yeah…a 1 Billion bond that investors bought up very quickly. It was a total of 2.7 Billion but they were bought as internationally bonds and they had a maturity date of 2023.
WS: There is another international set of bonds that will mature in January in 2028. The other one I told you matures in March of 2023. Both of the international bonds – and these international bonds were sold at $1,000 USD each.
WS: Now, what the CBI has announced is NATIONAL bonds and the national bonds are going to be sold through the Iraqi Stock Exchange, but they will not be USD’s… they will only be in IQD.
WS: I don’t know the mature date on them, but I believe they might in one year, but that information is unknown now.
WS: The face value of the national bonds is 5 million at a 5.8%. At that rate, these national bonds are being introduced at a PROGRAM RATE to draw in any of the last IQD’s from the citizens of Iraq.
WS: The reasons for these national bonds being sold inside of Iraq, and for that matter, anybody who wants them from the ISX, is to draw in liquidity from the IQD from the citizens and also, #2, for the citizens to stop hoarding the local currency, #3, to draw in the interest of these local national bonds, in lieu of interest in foreign bonds or foreign currency.
FRANK: Also, like in 2016, they were made but this announcement was made also prior to the launching of these national bonds. WS even brought us articles back in 2016 explaining it. – Interesting.
WS: You see, they promised Iraqi’s a good return on their investment.
FRANK: I know – almost 6% -- that’s amazing!
WS: …because it’ll stay at a PROGRAMMED RATE, Frank.
WS: Oh, yeah….
FRANK: Even when they change the exchange rate?
WS: Next question, Frank.
FRANK: Even when they change the exchange rate?
WS: Next question, Frank.
FRANK: Oh….Umm…okay, then they’re selling the national bonds on the ISX only in IQD’s. This is obviously an indicator of trust. In the government of Iraq and in the Central Bank of Iraq by the international community while they still bash Allak. Trump has confidence with the citizens of Iraq that even with a programmed rate, we know you won’t keep your promise.
WS: They will, Frank…it’s just not out yet. It’s all over the social media, all over the TV in Iraq. And, I know you have some people that say…Well, I’m in Iraq and I don’t see nothing! It’s jack! You know what, Frank, leave them alone…they will soon.
FRANK: Yeah, okay. And Allak?
WS: Leave him alone. They will soon.
WS: They’re blaming him for something that he had nothing to do with back in 2013…the destruction of 7 billion dinars. Besides, they weren’t destroyed, They’re exaggerating. … Which by the way, I told you on our Wednesday dessert, that a blanket contradictions would start family. Allak is just one of those examples.
FRANK: Isn’t it amazing how so much comes out to prove, so much that we shared with you. How we doing family? Are you bored?
WS: Yes, these bonds, Frank were ready last year to be sold but were held up to be sold at a suitable environment when it’s ready in Iraq. And it’s ready in Iraq, wasn’t it Frank? It was tested and tried, Frank.
WS: Printed in 2017 but now being sold right now.
WS: Frank, just be careful of the possible denials of BS that’s out there right now. By the way, YES THIS IS THE END OF OUR TIMEFRAME STUDY AS OFTODAY, KTFA FAMILY.
WS: Do you want another time frame or would you rather complain about missing the last time frame? Time frames are for logic…a date is for the weak minded.
These bonds, these national bonds, should logically fail at a programmed rate, but, IMO, the advanced education of the citizens and to the world will create the suitable environment to buy them with confidence with trust, with cooperation by the citizens to the CBI and to the GOI,,,a loud voice from the citizens.
FRANK: And, WS said to me – Frank, I told, you they can afford….we hope they can afford to buy these bonds, but it’s not that they can’t afford because they don’t have the money, it is not the affordability of the value, but can they afford it – I said in my posting, and I meant – Can they afford to trust the CBI and the GOI?
FRANK: Hooah, yes!
FRANK: Don’t you love this suitable environment? I only want the strong to be with me. The rest are slowly methodically being removed from KTFA swiftly or simply are being silenced among us.
By the way, once again, the bonds are a programmed rate and they ‘re very telling, and it’s challenging, but you simply have to keep your eye on the CBI on Article 2 for it to come out and ignore the demand of those who are constantly tormenting us asking when, when, when?
Bad attitude of when, when, when is an insult to us that know that such a question is not a part of this investment – it’s an insult. And, by the way, the national bonds…part of the smoke screen we suggested from now on? NO! They simply were the next step of the monetary reform of the re-instatement of the IQD.
These national bonds that the citizens we believe will buy these bonds at a programmed rate because of the confidence in the CBI and the GOI are like when you bought your dinar years ago at a programmed rate.
Investors come in many colors and for many reasons. We have a member on our forum by the name of BIG D…How ya doing, Big D? I read every post. I read every post in Team Chat and on our thread.
Big D, that was a very good idea of yours. If we were willing to buy dinars at a programmed rate years ago by faith, why shouldn’t the citizens buy thesebonds by the knowledge that they have from the CBI…from the promise. I’m going to have to speed this up – it’s getting late. Ladies and gentlemen, the value…Can the citizens value the CBI and the GOI?
When we purchased the dinar years ago at a programmed rate, we knew or we felt that we would profit more than the citizen would with their national bonds.
But it is the trustthat you had that the citizens now have and this is an important key to make…it is the faith the citizens have in the CBI and GOI – the confidence, the belief, the credence, the reliance, the conviction, the dependence, the assurance, the credibility, the positiveness that is now found in the hearts of the Iraqi citizens because it must not fail with the citizens that is vital to comprehend in this sea of tactic confusion.
Gas is less than $2 at the pump. It’s crazy…No, it’s amazing, Donald Trump. And the sovereign country of Iraq I believe now feels comfortable in their suitable environment to lift the 000’s and to fulfill the promises we have in the Final Article Thread.
In the monetary reform…that is working that’s been tried, tested and now is about to be implemented, IMO…no not in my opinion, in the CBI statements.
Look at all the countries that are conceding to Donald Trump, like I told you, for his plan. A fair trade, a fair currency play. We told you so months ago that this was going to happen because we felt it was part of the monetary reform plan and we knew that the monetary plan and we knew that the monetary reform plan was not going to fail.
In the last few days you have seen a plethora of articles from my news hounds that have confirmed our study’s sharing, and family, guess what? There is more! DELTA, DELTA, DELTA, are you there?
DELTA: Frankie, Frankie!
FRANK: Delta, Delta, I hope you were able to listen to that.
DELTA: Yes, it was a beautiful introduction, Frankie, and it’ really an amazing time for us and the investors and the Iraqi dinar, of course. It’s just amazing.
Frank: What’s really amazing, buddy, is today is the end of our time frame so I need for you, my eyes, my ears, my voice in the middle east, Show me Article 2, my friend. Show me Article 2. The floor is yours. When you are done, then I will join you. Take your time, relax, you have full throttle from WS. Go.
DELTA: I appreciate it. Thank you, thank you very much and I’d like to thank the whole team including Walkingstick, the I-team and everybody who’s on this amazing journey.
Basically it looks like we’re coming to then end here. All of us are waiting for basically Article 2 and what Allak told us a while back and everybody was waiting and I listened to you when he said everybody asked …Where are you Article 2? Where are you? It looks like we’re here and I’m praising WS for what he’s given us and this it’s just amazing…it was unbelievable.
So, basically this is what’s been happening. An article came up today from this gentlemen actually is an economist. He’s someone who has a no position and he works for the Central Bank of Iraq. He’s in charge in the department of issuing notes and all kind of stuff and his name is Abou Kason Shanoun (?) and he’s the guy in charge.
This guy came up with an article and then that was basically sent from a Youtube interview that Don found and sent us the tape and then it was forwarded to me. I had the chance basically to listen to him.
He had, actually, like an interview with one of the channels called “mass” basically meaning “people” in Arabic. Then he went ahead and basically said a lot of good things for us what we’ve been waiting for more confirmation about what’s going on.
Now I’m going to explain to you exactly what he said. I’m going to read it in Arabic exactly what he said and then I’m going to and try to translate it in parts. And now I’ll give you more details on this one because some people who are so confused with the way it was worded.
Basically, what they’re trying to do is the Central the Bank of Iraq basically they’re having details how they’re going to re-construct their currency and why they’re doing that…why the purpose of why they’re doing that.
So, he came out basically, he said.. (Speaking in Arabic)…This project basically to construct (?) their currency and lift the 000’s and then introduce the smaller notes. Basically, this is what the plan is.
He gives examples. He said, for example, a 1,000 dinar is going to become a dinar. This is VERY IMPORTANT. He’s not saying that you’re going to exchange a 1,000 dinar for a new 1 dinar. It’s VERY IMPORTANT.
By lifting the 000’s in the long run the 1 dinar is going to take the value of the 1,000 dinar because remember what they’re going to do is lift the 000’s from the exchange rate and at the same time shave down the 000 notes gradually.
And then he said that basically the million dinar will basically become 1,000 dinar. Nowhe’s talking about the exchange rate, right? But indirectly, he cannot say publically ---
Oh, by the way we’re going to revalue the currency. He cannot say that, but remember, like Frankie told the family, this is for the Iraqi citizens, all right? But in order to do this, they needed to change the rate which I’m going to explain to you.
Then he went again talking about this project. He was talking about a long time ago…..and by the way, this press conference, he stated that the project was basically postponed two times. One time there was basically economists and a lot of people who complained which was a big, big issue. At that time this project was ready or implementation.
And, the second time, basically was in 2014 which is what he was talking about, and he said because of Daash and ISIS, the project was basically had been postponed at that time.
But he said we are continuing with the study and WE ARE BASICALLY DONE and the only thing left for us is IMPLEMENTATION. This IMPLEMENTATION on this project, or whatever you want to call it --HAS TO HAPPEN. They HAVE TO DO IT.
Now, the reason they have to do it is because they explained that the money supply, or the paper notes, has close to 44 Trillion dinars and there’s about 6 Billion paper notes in Iraqwhich is lot of paper.
So, what they’re trying to do, family, is totally different than other countries. Other nations like Turkey --they like that – the reason they love it is because the either the inflation and that was the last result for them to do it with the IMF (?).
Let me give you an example with Turkey. Before lost the 000’s the exchange rate was every dollar…every one dollar was equivalent to 1.6 million lira and the hyper-inflation was 140% at that time.
So basically this is what’s going on here. Then he starts talking about coming out with the Fil – a ½ dinar, a ¼ dinar and even less than that because the market is going to require that when the rates go up higher than that, but this guy gives us the TIME FRAME.
FRANK: Time Frame?
Yes, sir. Remember Frankie I talked to you a little today but it’s amazing how tricky it is.
This is exactly what he said : WE HAVE TO DO IT AND IT HAS TO HAPPEN THIS YEAR OR NEXT OR BEFORE NEXT YEAR! LOL It’s in Arabic but if he says that, he said, it’s like…So, you tell me, Delta…When are you going to come see me? I’m going to tell you, this year, pr next year, or before next year.
Frank: What? That’s the same think knucklehead!! LOL
Delta: Yes, this is what he said. He said we HAVE TO DO IT…and this guy with this press conference…. (interrupted)
Frank: Talk about contradictory denial, possibility, plausible – whatever. You say you’re going to do it this year or ….LOL …go ahead. LOL
Delta: This is what he said: Basically this project is very, very important because the people’s notes – there’s about 6 billion of them worth about 44 Trillion. So what they’re trying to do here is to basically reconstruct the currency. How is Iraq going to do it without them basically lopping the currency.
They need to basically increase the value which is to lift the 000’s #1, and we talked about this a while back, that when they start doing that they’re going to adjust salaries.
Now, here’s the catch here….if you have a million dinar, and you go to the bank they’re not going to give you a 1,000 dinar because that’s a Lop. They’re going to give you a million dinars worth of LOWER DENOMINATIONS because remember what they’re trying to do here is they’re trying to use all this money supply.
The only way you can do that is to raise the value starting with their employees becauseremember they’ll have to go back to 40-50% of the salaries to the government employees and any other employees and then Remember, you’re going to give them a million dinar and get a 1,000 dinar and that’s going to be worth the OLD million dinar which is worth $840 USD. And this is what they basically are trying to do.
So this guy he’s telling everybody that the PROJECT is DONE, the STUDY is DONE is done, the project is done and WE ARE READY and the only thing that’s left is the IMPLEMENTATION and this implementation basically has to BE DONE THIS YEAR – and this is where it’s the confusion part --before next year which is basically this year. They have no choice there.
He is insisting here that DEFINITELY WE HAVE TO DO IT. Even though whatever the obstacle they had before, now it looks like they might do this.
Like I told you, Frank, even if it’s a few weeks, a lot of citizens – and I got this from a lot of people on social media and Facebook that everybody is just begging the CBI to just do it. They need the value to go up and this is what’s exactly what’s going on here.
It’s unbelievable, it’s very huge, and it’s from the horse’s mouth and again they’re not denying this time and this time they’ve got their mind set to do it. I believe why they’re pushing this and they the timing here is because of the incident with what’s going on with the CBI with the 7 billion.
By the way, I did bring you a while back why they’re doing all this kind of attack on the CBI Governor because it’s all politics --you know that.
You’ve got the (inaudible) which he basically rules and you’ve got another group and they’re trying to do a negotiation and they tried to get the vote of the Central Bank of Iraq to go to them. Then the Counsel Minister to go to someone else even though they’re trying to attack the guy.
For example, the 7 billion dinar. #2 (Inaudible). It wasn’t even his fault and we all know that Allak wasn’t even the governor at that time. But everyone’s trying to make fun of him all over the media. (inaudible) You see if you go different places (inaudible). So, it’s allpropaganda, it’s all basically well organized orchestrated and people are paying a lot of money for some of the media to make the guy look bad.
But it looks like this announcement that came up today from this guy from the CBI stating that they’re going to do it - -they’re done – and basically based on the time frame, we should HAVE THE IMPLEMENTATION BEFORE THE END OF THIS YEAR.
This is exactly what WS told us a while back. He told Frankie within 6 weeks and WS was exactly spot on. WS, it’s really an honor to have you on our side, and your service. God bless you sir and your service.
It’s amazing about the timing. All of you remember when WS came out last week chatting.
He and Frankie said, yeah, I’m aware of Allak. We don’t know the whole details but the most important part is from the horse’s mouth he’s telling us exactly what’s going on and that they have no other choice.
Remember, they have to GO INTERNATIONAL. I don’t believe in coincidences either, but the US TREASURER he talked to (inaudible) which was a phone call.
Then he got Allak time between Iraq and the US. This is the first time – not sure if this happened before or not when a financial minister of a government and an official of the other country. Usually you talk to the financial minister… you talk to someone like you. But the head of the US Treasury talked to ? and I believe they gave them the GREEN LIGHT basically to tell these people.
By the way, talking about the Congress, the green light is HANDLED BY THE US PRESIDENT,not the Congress. It’s the Iraqi policy but it’s all in the hands specifically the US President.
The Congress has nothing to do with this one just to be clear about misinformation. I was talking to the foreman talking about the Congress having to pass it, but it has nothing to dowith that, gut the US President and the US Treasurer, under the control of the President.
There was a program on one of the Iraqi TV channels and they were talking about the economy, Iran, and Iraq and stated that the US Is in control of the Central Bank of Iraq 100%. They are in control and it looks like for this guy to come out publically to say they’re read, it looks like they GOT THE GREEN LIGHT which is exactly what WS told us a while back and this is coming up to the end of the journey.
They have to keep moving forward but when you see those articles and get confused when you see those articles about the 1000 becoming 1 – you won’t see 1,000 anymore because the 1 dinar will take that place. Remember they tried to use that money for papers and they only had them as the initial inclusion which everybody has at the ATM, etc.
But, if you have a million dinars it will be equal in exchange 1:1. Of course, you’ll have to open up a new account but they’re more educated now I believe THIS IS THE END…the FINAL step. You are spot on, WS.
Tell the family I’m absolutely there and it looks like the US is ready, Iraq is ready…and again, there’s not choice. I listened to this guy to make sure I understood what he said and needs and he said it exactly – He insisted they have to do it. WE HAVE TO IMPLEMENT.
One of the BOARD OF DIRECTORS with the CBI is in charge of the department that issues currency and everything. We know they’re done…everything’s done. WS gave the example about the 1 zero, 2 zeros, 3 zeros…that’s it. It’s a done deal but I guess that the US is trying to protect Allak, trying to save him because, I’m going to be honest with you – they know exactly what’s going on.
Allak (inaudible) 000’s, the US controls that. But because Allak helped the US a lot, when you think about it, he did a tremendous job. He did something that Shabibi couldn’t do and that’s why there’s a lot of attacks on him because this guy eliminated a lot of corruptions.
Now, it’s very hard with those corrupt politicians in the government so now he basically shut the door with those corrupt. They used to make money with those currency options –you guys know that.
I do believe that this guy was very good with the elections and he did what they wanted him to do and I believe that probably they rushed the matter and gave the Green Light to the CBI to go ahead and lift the 000’s.
When you look at the time at the timing when you look back a few weeks ago…the timing is amazing. This is what’s basically going on. Just to let you know again family, the CBI – every wire that goes through the CBI is monitored by the US Treasury.
EVERY WIRE TRANSFER GOES THROUGH THE CENTRAL BANK OF IRAQ. The US Embassy in Baghdad isn’t just there for visas. They have basically every department for the last 15-16 years helping Iraq and the CBI to guide them to the right place. They don’t know how…Look at Allak. He didn’t even have experience, but he’s learning. He’s a good listener.
So, the CBI is there and the US IS IN CHARGE. I told Frankie this last week and he said the US devalued and they’re the ones who are going to bring it back. I’m not sure Frankie if you remember awhile back when the Iraqi Parliament was begging and pleading for the US Government to lift the 000’s from the notes because they know the US is in charge.
But now everything’s smooth and you can tell that the Financial Ministry and Mahdi and everybody else…it’s all a done deal.
So, that’s what I got Frankie…if there’s anything I forgot, let me know.
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