Delta arrives on the call.
Frank26: I am ready to walk into this float and its structure. We will introduce new KEYWORDS tonight. As soon as I introduced the KEYWORD then let us talk back and forth.
Family within the 2 weeks of December we believe the economic reforms in Iraq will be in full speed in progress….we believe the movement from the RI to the RV will start sometime during that time frame….we believe there is a time frame when they jump from the RI to the RV….
IMO….we think they may start at something like 40 cents….at the meeting on the 10th…..they suggested 10 cents, 20 cents….but were told no…..maybe they start at 40 cents….that period from the RI to RV we believe will take maybe 7 to 10 days and you may not even see this suggestion of 40 cents……because it is electronic and you won’t see it….
In that time….is when we believe the IQD will be moved into its natural rate position….and then it will be free floated at a 2% monthly margin to increase it ....that is up to you which to see how fast you can jack it up to its natural rate position….is that $3.22….may we add to you notes that ….the Minister of Planning and Minister of Finance suggested $1.13 to $1.17 with a gradual increase to a 3+ range….
Smoke and mirrors….yes…..be careful about running to the bank…..if you rush to the banks….you may be surprised that the natural rate will come out later for the IQD….let me also tell you that there is no country in the Middle East right now whose currency rate is less than 20 cents….even with Saudi Arabia keeping theirs lower.
So Delta…what do you think about what I just said.
Delta: Frankie you said an amazing and beautiful thing. This is exactly what we believe will happen….before we get started I would like to add…that a while back we said there would be no 50k note….we were wrong….we were wrong about one thing….the 50 dinar note will be coming in the future…..so it looks like their plans have changed ….the IMF is also trying to help them at this time.…..the plan before they wanted to do the LD’s and come out the door at 85 cents or 1 to 1 but they have changed things….with the help of the IMF….they are now looking at a free float as their best route at this time.
Frankie I mentioned to you a youtube, I posted a link to this video, it is in Arabic….this youtube is 24 hours old that talks to the 50k.
Frank: The wording….the KEYWORD….we are looking for the NATURAL RATE POSITION….do you recall those words Delta….write those words down and study them…..do you think they are talking about the ‘70’s and ‘80’s when it was around $2.60 to $2,80 or so.
Delta: It is possible if you remember when Dr. Shabibi said we are wanting to get the IQD to where it was in the ‘70’s and ‘80’s…..it was around that $2.60 to $2.80….remember when Saddam was in power….the IQD rate at his time was around $3.20 and it was believed to be inflated as a rate…..so the $2.60-2.80 is plausible.
Frank: Here is a summary that was sent to us….they look to start at a low rate…but the 10-30 cents rate would be dangerously low….it would not help the 2016 budget……especially with the price of oil agreed upon for the next 2 years…when the GOI approved oil price at $40/barrel…..so in this 2 year time frame they may start at 40 cents and then in the 7 to 10 day time frame we may not see it move to the $1.00 level…..does this make sense to you Delta.
Delta: That makes absolute and perfect sense….when it starts to move, maybe in December…..we may see the actual rate before they implement the budget….the natural rate could be a dollar or over a dollar…..as I stated a long time ago….it is all exciting. This video that I posted today….a very important piece that this man let the cat out of the bag….
they criticize the CBI for bringing out the 50k…..they complain about minor things, color and such…..this youtube gentleman….they go to the 50k for big transactions….between banking institutions……the banking institutions have come up with this one single bill….that will help phase out the 000’s they had previously used to transact business…..
By Iraqi law….any new currency must have Kurdish language on it. They will be coming with a 500 dinar note with Kurdish language….this is significant and useful. Remember six months ago they took away the 50 dinar note….they don’t want to confuse them with the 500 dinar note…..it appears the 500 dinar note will be around for a long time….if the rate increases to say 10 cents the 500 dinar note would be worth about $50…..20 cents it would be worth $100…..40 cents would be $200.
Frank: I like this 40 cent rate…that would make every 1 million IQD would be equal to $400,000. If they do this, we believe we will not see this….it will be in this 7-10 day time frame…..they will introduce the LD’s and coins…..but after they finish the float that you will not be able to see until the currency is in its NATURAL RATE POSITION…..then they will cap it….my teams are saying, in their opinion….the capped rate will be higher than Kuwait.
Let’s map this out….second week into the third week of December…that is that 7-10 day window….then into January…we may see this country walk into the new year with a new currency rate that might be above 40 cents….maybe 1 to 1 by then.
Delta: I think even on January 1 we may not see clearly…..when you free float the currency you don’t know what will happen….say the rate comes up to 10 cents….the next day it could be 7 cents….what I do believe will happen…there are many investors who want to know that Iraq is economically reformed….they look to their currency as a strength indicator…the stronger the currency the better it is for investors…..I know it won’t come out from 1166….remember 1166 is a program rate…..we do believe what will happen is that investors will jump into Iraq and push the rate quicker to their NATURAL RATE POSITION.
Frank: Listen to this report…..then comment back and forth…..we’ve given our opinions….this meeting on the 10th launched all of this…the LD’s showed up sooner than we thought….now distributed to the banks…..the RI will happen without us seeing it…..then it will walk into the RV.
All currencies being put in the basket are going to help the Iraqi dinar…but some currencies were not put there, but can be put there now because of CHIP codes….equivalent to the SWIFT Codes….numerical documentation for currency……they are now in place….this is a new keyword being introduced tonight….we now have the rupia and the Chinese yuan is what they were looking for….the rupia joined in mainly for political reasons…..Indonesia is being rewarded.
When the rate is capped….we believe it will be higher than Kuwait….the renminbi and the yuan we think are in the basket now….both are the currency for China…..this is a report that I want to bring you tonight.
The attack in Paris has stimulated the distribution of the LD’s….today France invoked UN Article 5…..is a call to arms….if I am being attacked then all of you are obligated to help me….Mr. Hollande….called for this Article 5 for all to fight in a single coalition….requiring all nations to come into France fight ISIS…..would the US like to come in and help with the Syrian resolution…..oh yes….
I kept telling you there was a new coalition…..so IMO…..this is pushing Dr. Shabibi over the edge……and that is why we have 3 and 4 in December….this is a declaration of war by France against ISIS and a call to arms for UN coalition armies….in fact you will see today or tomorrow an article from ISIS…..where they regret picking on France because they thought France was weak militarily….but so much as changed.
The USD is no fool….it knows its rescuer…..today it closed out at 99.39….watch what it is doing….prepare yourself.
The taxes and tariffs are tied to the IMF system…and the IMF activated the taxes and tariffs…no not yet….but in the meeting on the 10th….they committed to activating them during the second week of December.
We’ve talked about Maliki…..but…..Maliki have you noticed in recent weeks that people have been dying due to heart attacks…..this is the justice of the silver bullet from the United States of America….your times are up…..as was reported today.
What do you think about the new coalition forces gathering for France Delta….what do you think of that kind of security in the world…..so much is going on around the world with regard to security is happeing around the world that will help the IQD.
Delta: Well the good news is that everyone is getting serious about ISIS….Iraq and Abadi wants everyone to help. So you have a strong country like France that is wanting to get rid of ISIS….this could be the end of ISIS within the coming months.
Frank: The moral of the story on the 10th…..this meeting brought forth the monetary reform steps….exactly what they have been telling us they will be doing.
Delta: If you go to the IMF site there is a big report about this meeting on Iraq. One of the news articles stated that the IMF could help Iraq in lifting their restrictions….this is Article 8….these motions from the IMF will help Iraq with foreign currency exchange….this helps Iraq become Article 8 compliant…..
They basically approved the monetary reform for Iraq…..one thing that still had to be changed….the Iraqi currency….the IMF will be giving the green light to move forward…..about 3 days…the UN Secuirty Council with the help of the IMF give the light to Iraq to move forward….the Council approved the economic reform of Iraq…..IMF statement a month ago….2016….Iraq will be international and a part of the international market…..
What you see after that meeting…..the 50k now….this is a part of the pathway….the phasing out of the 000’s gradually….but they must have a rate to make this happen……looks like they agreed on a free float…..also the depegging from the USD and then pegging to the SDR is all a part of the path…..expect an announcement by China by the end of the month that the Yuan will be in the SDR basket too…..as for the taxes and tariffs, you need an international rate to calculate these rates for taxes and tariffs to be collected.
Frank: Dr. Shabibi is doing to the CBI what Abadi did to the GOI….cleaning out much of the bad….the bad policies and people….the only reason Allak is still here….he hides Dr. Shabibi…..even as he does bad things…..he was caught receiving a bribe from a bank to open illegal accounts…..he was fined by Abadi and Shabibi for 51 billion dinars…..he dropped his own fine down to 5 billion after he took the bribe……who can understand their way of thinking…..did he really think he could get away with this.
Ten million dinars are now missing and it looks like Allak may be the guilty party again……his time is dated…..just as Maliki’s is too.
It was just announced that Iraq’s oil production for Europe has overtaken that of Saudi Arabia.
They are poised to start raising the value of their currency…..all we needed was for them to light the fuse….we will take care of the BOOM.
Delta: Final notes…..exciting times ahead…..Iraq is blessed to have the help and support from IMF others in this process.
Frank: I should end….but with all the garbage….I’m glad they have a start to the revaluation of their currency….because of the RI…..Iraq can do this….go from the RI to the RV because they are under the Marshall Plan…..our billions that we sent to Iraq for over 12 years came to an end in July. We are not called capitalists just because they don’t like us…..you owe us money…..pay us.
This scare tactic really worked…..KTFA family was shell shocked for a while….some gurus folded camp and went away…but that is their business….we though are better equipped…..like I keep telling you that God would not have us be so ignorant about the stewardship of something that is His….this investment…..we Christians are the new wise men and women….we are not scared…there is great joy….but we don’t do wild things….this is very serious. 10 cents we know won’t work…..40 cents would be better……but you know what would be really better….your patience….based on all we told you….why do I say this…..because INFLATION in Iraq is so low….the math will behind it will be so high.
This is a business deal….you purchase a stock called the IQD from a company called Iraq for a dividend called the lifting of the 000’s…..remove the emotion and treat this as a serious business deal.
No doubt these weeks of November are for something….we think…Maliki…..no doubt the first weeks of December are for something…..to go from the RI to the RV….no doubt the last 2 weeks of December are for something aren’t they……the distribution of the LD’s to the citizens from the banks where they now wait.
Abadi has been screaming to the citizens that the economic reforms have started….but we believe in reality they will start around the second week of December because you can’t have one without the…..an economic reform and a program rate…..hashtag….hashtag….sit back and watch…..in fact IMO….I don’t think the 25k’s or the 50k’s will ever be cancelled….because they are going to start out low…..and Maliki….wait till you find out….he has more money than the CBI….a disgusting amount.
What is the NATURAL RATE POSITION…..what can they support….none of that matters because they will slowly reach that point.
THERE IS NO LOP!!!
There are 12 that will not allow stupid.
There is no emotion….this is to be a business transaction.
I said this was a part of the Marshall Plan….go and study Germany and Japan….when they both came out after the war….they both came out low….then they proceeded to their natural rate position……neither country cancelled their currency.
If you were to find a $1,000 USD or $10,000 USD don’t take it to the bank, it is actually worth so much more.
Did you know that Iraq has been paying Kuwait, it’s armies and other bills in IQD’s since July…..not USD.
Leave your emotions at the door….treat this investment seriously and not lazily.
The LD’s are the latest position for Iraq’s true rate position….then you hear Abadi on TV to all citizens…..all the reforms are not done. The CBI is being deceptive….like the China syndrome……it is all brilliant.
NO NOTES WILL BE CANCELLED for at least 90 DAYS.
Kuwait does not complain….why…..they own a mountain of dinar….plus they have much claim to Iraq oil….plus Iraq still owes them money.
The last thing for tonight…..I kind of hinted at this….have you paid attention to the program rate….check it out on Forex or XE….down to 1120….it continues to adjust….so is the USD…..this slow gradual escalation of where it wants to be….near 1000……it is adjusting to the SDR…..if you don’t recognize this…..it is huge.
We will not fail….especially because of some drunk form of ISIS.
Study macro-economics….things will get hard for you….the decisions you make will become eternal…..international economics….the USD hit a high today at 99.46…..it is getting ready for the SDR.
Look for air bombings to increase….while everyone else will be in bed asleep…..nothing will be going on….that is why I think we need these two weeks.
There are a couple hundred oil tankers sitting in Syria that you should make a note of…..and……I think I will end now.
Yes I have more, but that is enough for now…things are beginning to stand out and become clearer….into December I believe things will start to blend in together….things will become mixed but without confusion.
Their goal is to become a cashless society….the moment the RV starts is the moment we enter a time frame on this planet that the Book of Revelation teaches us.
EXCHANGE PILLAR in an article….maybe you should ask me about those words next time.
Closed with a prayer.
I will be with you again tomorrow night after the Bible Study, then quite a bit on Wednesday and Thursday, and Friday will be TEAM Chat for KFTA Premium members.
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