Saturday, August 17, 2013

KTFA's Frank26 Wednesday Night CC Notes

KTFA's Frank26 Wednesday Night CC Notes 

08/15/2013
(Recaps Note - These Notes were found after the previous ones posted)

Post By BulldogFord65 » August 15th, 2013, 2:56 pm  •  [Post 319] Hello Family: Here are the notes from last night's conference call. Wishing you each and abundantly blessed day!

“And seek not ye what ye shall eat, or what ye shall drink, neither be ye of doubtful mind. For all these things do the nations of the world seek after: and your Father knoweth that ye have need of these things. But rather seek ye the kingdom of God; and all these things shall be added unto you. Fear no, little flock; for it is you Father’s good pleasure to give you the kingdom. Sell that ye have, and give alms; provide yourselves bags which wax not old, a treasure in the heavens that faileth not, neither moth corrupteth. For where your treasure is, there will your heart be also.” Luke 12: 29 - 34 KJV

Frank26 IQD Conference Call after Investment Night

Wednesday, August 14, 2013

IQD update

• Frank has an opinion about the IQD; it’s a speculative investment; Delta and Eagle1 have opinions also; THIS IS ALL FRANK’S OPINION!!!

• Last night Delta shared the latest information from an aide to the MoF
...
• Frank said to remember there is an ebb and flow to the monetary reform, and there are changes along the way

• Remember what was said 3 years ago: the GOI was asked what they want, and the GOI replied the IMF mandated the lifting the three zeros: this is 0.86 or $1.16; the latest articles continue to support with repeating over and over, “the lifting of the 3 zeros;” Frank believes this 100% BUT THIS IS IN-COUNTRY

• The articles all say they want to match the IQD to the USD as close to 1:1 as possible

• Recall, what did Delta say? He met with aide to the MoF and they don’t know the date, but expect to see something after EID, and are looking toward the middle of Sept based on history that in 2004, the IMF lowered the rate of the IQD in mid-September, but do not know a date, just looking to September; regarding monetary reform process, he replied they will follow the letter of the law from the IMF which mandates lifting the 3 zeros so that: 1 IQD = $0.86, or 1 USD = 1.16 IQD IN COUNTRY, will look like 1:1 IN IRAQ

• What about outside of Iraq? International investors = outside of Iraq; this is our investment; Frank’s opinion is $1 – $4.25

• Frank tells us constantly to wait 3 days from the rate announcement to arrange what he needs to; why? Because in Frank’s opinion, the sucker bet is the first 3 days, people will run to exchange at whatever rate, but after 3 days, Frank’s opinion is that the rate will go up if the international rate comes out at $1

• In Frank’s opinion, if the international rate comes out at 1:1, it will only be for approximately 3 days before the rate skyrockets

• In Frank’s opinion, the IQD needs to be competitive with the Kuwaiti dinar; what do Iraq and Kuwait have in common? Remember that Kuwait has given agreement to lifting of CH7, but as long as the IQD value does not exceed the Kuwaiti dinar; right now Iraq and Kuwait share an airline, land, and oil fields, then why would they not share the same rate of their currency (1 KWD = $3.50)

• Today I Team reports they are returning to SA, finishing up what they were doing in Yemen; they are not focused at all on Iraq; they do have orders to return to Iraq in mid-September; Frank asked if this is for a national meeting? I Team said no, in their opinion, there will be no public national meeting because M would abuse it; their opinion is that they will quietly hold a meeting

• Frank prays that M will come to no harm, that he will resign and walk away, that there will be no lone ranger justice, but there is daily violence in Iraq; the return in Sept has to do with training on BIG equipment

• Frank said the problem with the GOI is that it is extremely tribal, and that bond can’t be broken; notice the demarcation laws are not done yet, because there are many undiscovered oil fields and also gold/minerals; there is a lot of resource in the shared lands

• Frank suggests to study the KWD rate

Eagle1 joined the call at this point

• Eagle1’s opinion of what will happen with the 1:1 in country rate: in Iraq, 1 IQD will spend as 1 IQD, regardless of the rate out of country; he believes there will be a single rate, but regardless of the exchange to the dollar, in Iraq, 1 IQD will now spend as 1 IQD for Iraqi goods, they will have increased buying power for imported goods

• Many have asked about the global currency reset – it is now being talked about in the news

• Both Frank and Eagle1 agree that in Iraq, the rate will appear as 1:1

• Eagle1’s opinion of the intel from the MoF aide is that is that they were told $0.86 to keep the actual rate confidential to avoid currency manipulation and speculation

• Eagle1’s personal plan is to hold as much IQD as possible and wait 6 mo – 2 years (however long it takes) because in his opinion, the number we saw 18 months ago on the FRA on Paris and Frankfurt ForEx for budget planning was $7.62; it is widely believed this is where the IQD is going; this is the logic and reasoning to have other currencies like the VND and Rupiah, to take the profit from these currencies to become debt free and meet immediate needs while conserving the IQD to wait for an even further climb in the rate

• Eagle1 further spoke about the VND and Rupiah, according to all of his intel from the IMF, the speculated rates for these currencies makes considering investment in them an

• The VND has been on a program rate for almost the past 50 years (instituted in 1963 or 1964), however the Basel III protocol will change that; VND has much oil and gold asset, so E1 is hearing a $0.47 rate, but he is also hearing numbers much higher; the opinion is that $0.47 is a good base rate

• Frank asked Eagle1 his opinion of the LD’s, Qi cards activation etc will all be done by September? Eagle1’s opinion is yes

• Eagle1 has further information about what he reported on regarding the system test and the personal bankers calling in people to exchange – E1 has learned it was not only high ranking bank officials who saw this, it hit all the front screens so that all the tellers, anyone could see, and some people actually were exchanged at $3.44 until the CIX realized what happened and pulled it back, and instructed the banks to freeze those funds until the rate appears on the ForEx

• Eagle1 has heard that the IMF/CIX is looking to release the rate to the ForEx in the next 24 – 72 hours

• Frank said there is a rumor of having only 30 days to exchange: this is totally and completely FALSE, there is NO TRUTH to this rumor

• Eagle1 said further that it’s not even possible, the only way this rumor could happen, is for totally new currency to be printed and a regime change; Iraq’s new currency is the currency printed by DeLaRue; think of our own currency, even though some denominations are no longer in print, those denoms are still legal tender for their face value

Bluestar came on the call at this point

• Bluestar is going to bump a post from forum member Jacob01 with a video from Russian TV that has an excellent interview about the global currency reset

• Bluestar encouraged the family to remember our veterans and active duty troops, and find ways to support and serve them, and send care packages to our troops

• Question from the chat stream to Eagle1: is it possible to see the IQD come out first, and then the other currencies to follow at some point later? Eagle1 has asked his IMF contacts this question, and they said no, they will go simultaneously

• Eagle1’s IMF sources have also said there is already a prepared statement (video) done by Christine Legard speaking about the global currency reset, and that we will see the rates come out immediately following the release of her statement; per the sources, the release of her statement could happen anytime between now and Saturday

• Frank asked Eagle1 and Bluestar their opinions on who will be the next president of the USA? Eagle1 says he does not know, he does not believe that Hillary will get it, but he does not have a clue who it will be; Bluestar’s opinion is that the USA has become a “cult of personality” with low-information voters and a number of other factors that lead to a conclusion that Hillary will be president; Eagle1 does not agree, he believes there are other events that will occur which will change the country and the political landscape

• Frank alluded to a meeting between Bush 43 and Clinton during the 2008 elections, and then Clinton withdrew from the race; Frank has repeatedly said that Hillary will be there at the end, however he also believes as Eagle1 does that there are events happening that may change the nation and the political landscape

• Bluestar talked about a counter-media movement to bring back truth in reporting, and counter the essentially state-run media we have now

• Frank is concerned about our current president and prays for him, and he is concerned about the office of the presidency of the United States

• Eagle1 said if God’s people will do their part, and not stay home on election day but study out the candidates and then go out and vote, and also follow the counsel of 1 Timothy 2:1-3, which is our responsibility is to pray for leaders and government so we have a quiet and peaceable life in godliness and honesty

• Bluestar agreed and said further, the army of Christians must rise up, take action, be organized and be involved!

Summary columns Frank requested all to take note:

-------------------------------------Delta------------------Frank---------------------Eagle1

Date...............................September*..........Any time.................Any time

Rate IN IRAQ.....................$0.86/$1.16.......Will Look like 1:1......Will Look like 1:1

Rate for Int’l Investors........$0.86/$1.16**.......$1 - $4.25................$3.42

VND................................No opinion...........$0.01 - $0.03............$0.47

*Delta’s personal opinion is that the rate can come out at any time

**Delta’s personal opinion is that the rate will be in the $3 + range, but Delta told the information that the MoF aide gave to him; Delta would not alter or mis-inform what he was told by the MoF aide, he reported honestly what he was told, although his personal opinion does not match the intel the aide gave to him

• Frank reminded everyone that the next call will be on Monday at 7:00 Eastern, with the investment portion first, followed by the IQD; there will be no more regular, weekly calls on Wednesdays

http://www.dinarrecaps.com/1/post/2013/08/ktfas-frank26-wednesday-night-cc-notes.html

Comments

jt
08/15/2013 6:23pm
I think the 30 days exchange rumor has been going around because of a christian prophet who stated about 3-4 years ago that in his dream he was told not to delay exchanging dinars because they will only give u so much time to exchange the large notes or iraq will go back into turmoil
Reply
Eccl519
08/15/2013 8:58pm
If you've been following the news the 30 day is not a rumor. It was stated by CBI or finance Ministry out of Iraq that they (Iraqi's) would have 10 days in country to exchange and 30 days outside the country...which is possibly us
Eccl519
08/15/2013 7:08pm
At this point opinions are just that and nothing more. If there isn't something solid or believed to be solid, I would prefer nothing.at all....
Reply
Dr Henlee
08/15/2013 7:21pm
Most dinarians would take an RV at 10 cents rigjht now as this speculative investment has pushed human patient into some fears of doubt for some . i hope i was smart only investing in 600,000 IQD . taking a chance whether i make nothing or something, I have no regrets as i say this has been interesting. . Go RV !!!
Reply
Chris
08/15/2013 8:35pm
Is it possible that the VND will Revalue before or after the IQD?
Meaty Camel Toe
08/15/2013 9:17pm
I say this about our investment. We're lucky to have heard about this so that being said, I'd rather have my dinar and it never RV then to know about it and not invest thinking its a scam, then it RV's. lol, it would be hard going to work for the rest of our lives if it went down like that!

http://www.dinarrecaps.com/1/post/2013/08/ktfas-frank26-wednesday-night-cc-notes.html

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