KTFA CC (Highlights by FrostyTheSnowman)
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
Tonight’s call began by playing three Christmas Carols:
#1 – “White Christmas”
#2 – “It’s Beginning to Look a lot like Christmas”
#3 – “Chestnuts Roasting on an Open Fire”
Frank26: What is the CBI doing? Can you keep a secret? It seems to me, that those inside of the CBI are keeping good secrets – (the best that they can).
There are things occurring behind the scenes with the Monetary Reform. There is movement of “stuff” that Iraqi citizens need … hammers, computer, rice & beans.
IMO … countries are interested in doing business with Iraq … and Iraq is paying them … maybe the IMF is paying them … the international world is doing business with Iraq … and they are paying for their goods. WHOA! Do you understand that? Are you with me? Are you listening? IMO — if that is true … if the international world is gaining confidence with Iraq and the new ministers working with Abadi. Do you think the WTO and World Bank is watching? Are they impressed? Can they pay their own bills? Humm.
A week ago, Sunday at 3:03 am Iraqi time … there was the “start” of the operations of Mosul … but I would say it was also the start of international business because they were put on a WHITE LIST.
I believe that this TRANSITIONAL RATE that is being used … (not in front of our eyes, nor the CBI … because by law, they would have to tell you they are) … is being used … to bring in these goods.
Remember … within 10 business … (normally 30) … there would be some needed info passed to the IMF or in increase in the rate to qualify with what they are doing within their budget.
May I suggest … there may be a SWAP … not of currency … but of an EXCHANGE RATE … within the SwiftNet system.
IMO — the SwiftNet is a using a derivative … (we think) … within the next 10 days … to do a CURRENCY SWAP with the rate of the IQD against … (possibly) a basket of currencies.
And that’s the end of our conference call … thank you very much for coming … because that in itself would be more than enough to share with you. (just kidding)
Please take these “suggestions” to God in prayer.
Watch them possibly become real.
The citizens needed to trust the banks … but the international banks need to trust Iraq and their government.
From black, to gray, to white … (the list) … it means they are UNRESTRICTED!!! We told you this! This is the freedom of movement and possibly within their capital … all IMF requirements.
The Credit Rating
Security of Corruption
Legalities, Laws, ICC
Banking Structures & Standards
These are NOT just movements so they can just play Tittle-De-Winks!
This is the Monetary Reform begin born in front of your eyes!
I believe that a countdown with the IMF started around that time.
We (non-Iraqi citizens) will probably never see a 1 to 1 rate … because a Transitional Rate (TR) may take it well past it!!!
The CBI and our CC Notes … are finding commonality.
Please remember … the CBI … does NOT have to tell you anything. They do NOT owe you an explanation whatsoever. It should be so.
Delta sends his regards and love. He sends his patience. He studies the CBI website for us … reads every article … interrupts them. He pays attention to the spreadsheet … shows key numbers … projected rates … but some fields are blank. Projected rates show 14 to 15 cents … but the 2016 is blank. Now, some are no longer variables … they are now derivatives. So many things … and all before November.
We believe the Abadi and Saleh are sending confirmations/documentations to the IMF within the 10 days that we talked about — which are coming to a close … all BEFORE November. IMO — all an indication of their financial reform.
IMO — each member of the IMF needs verification … before any change in rate … to be completed before November.
IMO – that includes a rate change … that deals with contract goods.
The letter to the IMF lets each member within the IMF knows of the rate. The IMF cannot finalize the agreement with Iraq until they see documentation.
I told you, I don’t think we’ll ever see 1 to 1. They might surprise us all with the international rate when it does come out. In the ‘70’s and ‘80’s, it used to be around $2.80. When Saddam took over, it was over $3 … and the Gulf Currency is launching around $2.60 to $2.70 … which is a fair number to start at.
We believe that the IMF may meet on the 7th of November to see if Iraq completed all they needed to do … but IMO … meetings are ongoing now. The CBI will not be involved in any of this because they can keep a secret.
Please understand derivatives I’m not going to be your math teacher. IMO — variables that are now derivatives.
Mosul is still with/without the liberation … but the IMF does not care about Mosul.
The IMF is in business to make money with Iraq. There is no profit at a program rate.
The IMF does not care about 2017.
IMO – the MR consists of the RI … and that is for the IMF.
The international world which consists of the Economic Reforms … which is the RV — (which is not a part of the IMF).
I believe that the RI is for the IMF which is part of the MR.
The RV is for the international investors.
This will be the FINAL letter to the IMF within these 10 days.
It will give the IMF a good idea of when Iraq will raise the value of their currency.
Give us Fallujah … and you have the ECONOMIC REFORMS.
Give us Mosul … and you have the MONETARY REFORMS.
IMO — I believe that we are within 1 to 2 clicks outside of Mosul.
Therefore, we are very close to the center.
Right now it is the Kurds Army that surrounds Mosul … that is exactly the way it should be.
The most important thing about Mosul right now is … the “CENTER.”
The CENTER … if all of Iraq was like a bulls-eye … I believe that the center of Mosul is the bulls-eye itself.
The bulls-eye of Mosul … contains the MR and the ER. (Monetary Reform and the Economic Reform).
Do you remember that the CBI website told ALL of the banks in Iraq to prepare themselves – to stop using the USD in the first part of next year (2017) … remember that?
The CBI doesn’t talk that often … but when they do … especially now … they are passing along some amazing information … IMO.
The Rasheed Bank stated last week that they are adopting a new system to transfer money inside and outside of Iraq.
Well … a country that is slapped with charters that restricts them … does not have the privileged to send their worthless money into an international environment – that’s why they are in sanctions.
Chapter VII … has been a slow evolution.
Now the Rasheed says they are going to adopt a new system.
Do you know what that system is?
It’s called the IBAN (IBN) International Banking Network … which are codes … that you can’t read … codes that are necessary for Iraq’s currency to go into the international theatre.
These are codes/routing numbers … will be used by Iraqi banks … works hand in hand with the SwiftNet system.
Do you think Iraq qualifies for something this?
Well, behind closed doors … I guess they do.
They haven’t done it yet, but they have been telling the citizens this in the news.
The Transitional Rate is bringing in the number … the variables … the derivatives … of their budget … IMO.
Iraq asked for the budget, didn’t they?
Mosul is about 80-90% done.
There is NO STOPPING the Monetary Reform.
The timing may frustrate you, but I think the timing is brilliant.
I believe that you know that the IMF is going to give them the 2nd loan … and IMO … there is something that is coming with it. And all before November, huh?
I believe that the evidence of this documentation, along with the derivatives … along with the currency swap … along with the SDR … have all been delivered … and all on time.
IMO – they are doing everything on time.
IMO – the IMF has received the letters from Iraq, and now the IMF knows what Iraq is going to do with their Transitional Rate. I believe we will need this final week to be introduced to Mosul.
The CENTER of Mosul … to me … is like the bulls-eye target!
In effect … pushing the terrorists into the center.
The Citizens have been an amazing help … flags on homes … flyers … scared ISIS.
ISIS is killing their own commanders … and these “squeeze plays” were used on them in the center of Mosul.
Yesterday the Iraq leaders didn’t even talk about Mosul … but today, they did.
We believe that this “pattern” … which will back-up what I’m trying to tell you about the center of Mosul.
IMO … the CENTER of MOSUL is the MONETARY REFORM!
ALL OF THESE ARE FROM ARTICLES …
#1 – “Intense artillery bombardment on DAASH sites … near the CENTER of Mosul.”
#2 – “Within 1 week … troops captured 74 towns … restored to the CENTER of Mosul.”
#3 – “It’s time for the Iraqi Army to proceed with the 2nd phase … advance to the CENTER of the city.”
#4 – “Peshmerga fulfilled their duties … declared victory on the outskirts.”
#5 – “Abadi … only Iraqi Army will be allowed to step into the CENTRAL part of Mosul.”
#6 – “Counterterrorism entered the village … within 15km of the CENTER of Mosul.”
All of these articles from TODAY … is not a coincidence family. It’s a pattern.
#7 – “Coinciding the victories of the CENTRAL area of Mosul.” — (this is the article that was running around the Internet).
#8 – “… Chairman announced an ENCIRCLEMENT of Mosul.”
#9 – “… advance to the city CENTER.”
#10 – “the intelligent grounds on the bridges and streets are saying the organization withdrew … approached the liberation of the CENTER of the city of Mosul.”
Who talks like this? Your conference calls.
It’s important that we (USA) doesn’t go in there (Mosul).
The Peshmerga gets the credit. (Arab victory)
With ISIS killing itself … this last week of October … is going to be very interesting.
IMO – planting the Iraqi flag in the CENTER of Mosul … would coincide with the monetary reform.
Meanwhile, parliament finance says they have read the budget.
Do they have to read it a 2nd and 3rd time? See what happens next week.
Oil prices have paused temporarily in lieu of the budget.
Elder88 made a post #157 … he said “WOW! I just wanted to relay it this way … this is what we have already been hearing from F26, but in less words.”
What is he talking about? The article that came out … a lot of us were shocked … but the words were just what we wanted to hear.
May I suggest that we have been expecting this, haven’t we family?
Delta … I called him … told him about the article … and WS and I saw it late last night … but WS said “no.”
We had Delta investigate it … Delta found it in Arabic … and said it’s was a legit source. It was actually from a newspaper that a lot of journalists that live outside of Iraq send their articles too. They don’t really live inside of Iraq. They live in the US and throughout Europe. The site itself is legit according to Delta.
The article had been put together … kinda like Frankenstein (one piece at a time) … but it contains 2 separate things – that were not Frankenstein. If you go back to 2003, you will see some of the words that were used in articles – you know, like they were getting ready to raise the value of the IQD.
#1 – the articles is saying there is an independent source in the CBI that is telling them this. (info leaked). Can you keep a secret family? Sometimes it’s hard. Perhaps the CBI talked to this journalist . The article also talked about Chapter VII. We continued to study it. It basically what Dr. Shabibi said before he was kicked out by Maliki and Obama. Just because it has parts from 2003, does NOT make it any less viable.
The RECENT LIFTING? (That’s what the IMF wanted them to do with the auctions, etc.)
WS and I didn’t want to put this article out because it was being abused by other guru’s. We wanted to study it further … and it was treated well on our forum in thought/opinions.
This article cannot be dismissed.
Caution upon caution … I pray that you are now satisfied with it.
We will probably not see any more information presented next week … only meetings to sign-off the monetary reform.
Thank you kindly for allowing me to share our studies with you.
Let’s see if they give you Mosul within the next 7 days.
Let’s see what the elections hold on November the 8th.
There is a pattern.
CC ended with prayer.