KTFA Emergency Call -
Friday - Jan. 1, 2016
Welcome to the emergency
call....I think when we're done, you'll understand why it's important
tonight. There's no need for exaggerations, no need for rumors, what we
bring to you is FACTS....what I want you to know is the internet has them
tomorrow. We just feel it's important, but we are KTFAlways, we keep the faith
always, to our Heavenly Father.
We enter our Father's throne
to pray for this call....(praying for guidance and words understandable to
bring comfort to those who are in our study).
Aggiedad -- I want to ask you
a question and want your honest reaction from the depths of your sould and the
depths of your spirt....If tomorrow you were to wait and you would see the
headlines of maybe some articles that says: IRAQ ENDS IN 2016 TO CUT
ITS CURRENCY VALUE AGAINST THAT OF THE US CURRENCY...The article itself is
more, but they said it would come out to 1190 for 2016, How do you feel
about that?
Aggiedad: Wow...my first
reaction is what are they trying to tell us?
Frank: Are they trying to tell
us something good or bad...?
Aggiedad: .My gut reaction is
probably good...maybe we don't want to see.
F: Do you think it's in
the direction we want to go?
A: No...it's not, it's
in the wrong direction. It makes me think of two words: China
Syndrome.
F: The other thing you
said to me was ...what's going on? What happened -- when I first talked
to you and you were pretty much in shock when I first talked to you. I
thank you for this testimony because this is how the family is thinking....as I
continue.
Family, the last time we were
together I told you that security was once again...sure, it's always
important...You want to see the budget, the lower denom's and the tax and
tariffs...you want to see security. Security is doing very well, in fact
we even told you -- on the count of 3 is now the time to look in the direction
of Fallujiah, the same way we did in Ramadi and took you into Mosul...spaced in
about 2-3 weeks...we now tell you Fallujiah is next.
Iraqi soldiers are doing a
good job...and I"m not telling you that to leave that alone..Without
security, there's only delay. Cleaning up Fallujiah, as we will tell you
about other cities they're cleaning up too ...but because it's a military
background, we don't tell you the details. The liberalization that
occurred in Ramadi and Mosul is very, very good and must be seen as a victory
and we talked about that constantly....that was the game plan. Actually,
it was the game plan for 2,000 years.
The USA or the western world
has learned how to work with the middle east....and we point, we tell you that
we want you pay attention to the national rehabilitation. You see, that's
where all the tribes are going to stand together....even the Kurds LOL -- the
Kurds have made it clear saying we'd like 17% of Iraq - Abadi is walking with
many right now that are in the process of many reforms...we told you the
security will pan out ONCE THEY PLANT A FLAG.
The battlefield is definitely
a low-profile with you and us and you know it's going well today ...I don't
know how many times I said to you SECURITY...it should have been between
300-400 times.
You looked for the Tax &
Tariffs, today, didn't you? The budget too, today, didn't you. Did
you hear me say that if you don't see the T & T on the 31st, that it would
be between the 14-15th..you know why? It's in your notes..You have to
look for these things...we just told you two things. Here's another
one...
We need to see if their
agricultural areas of being kicked of in the same way Abadi said we want the
reforms now...well we said it weeks ago...and that's why I'm saying Abadi...so
you look for the agriculture ...these things are going to be indicators of what
they're doing with their reforms...they're all interconnected to one focal
points, family. There's many things that controls and comes back to one center
piece with everything that's going on in Iraq right now.
When I read to you that
tomorrow, you know, you're going to see the articles especially at KTFA...we
hunt at night while you sleep in the evening hours. In 2016, Iraqis say
they're going to cut the currency with the USA...from 1166 to 1180....oh,
well...how about 1190? What's wrong here? We're going in the wrong
direction? That's why I used Aggiedad ....when I called him and asked
what would you say if you saw this in tomorrow's headlines?....I mean his voice
dropped....this is a normal reaction. The first time I told him he was….HELLO?
I'm still here....but don't be depressed.
I knew it wouldn't go well
with the family -- and I talked to God and said, this is not going to
well. How do I talk to him? Why don't I give up the team chat and
explain to them that, yeah, they are going to change the rate up to 1190 and
many of you will throw your hands up and say, OMG! From 1166->
1180->1190. What's going on here? Why are they going into this
direction with the American dollar. This is not smart.
In all honesty, the CBI has
been doing alot of talking about the American dollar and they're not going to
use it anymore...They don't sell it, well they sell it but not through the
auctions to make money anymore. ...and you'll see the auctions too by the
way. They're doing it in a comprehensive study...of the changes in the monetary
policy as it would benefit the government of Iraq, and the citizens and all
their banks. How?
By reducing the value of the
IQD against the USD...ARe you insane? No, this is very, very good!
No, no...we're not stupid at
KTFA....well you sound stupid.
What happened to the 1:1 --
that's an RV.
Well, today's the first --
where is it? -- You lied. LOL
Look, you have to understand
..the country of Iraq have no liquidity, no currency...you ought to see how
they make their money to pay their people...the few that they can. And
that's why they said, could we have some international grants...NO...can we
have some IMF loans? NO...LOL --
The Minister of Planning
Abdul??? he comes out and says we have good economic growth -- yeah, we know --
and so is our inflation is very low....yeah, we've noticed some
improvement. So is our poverty -- Yeah, you have to look at the numbers
....okay. You don't want to give us any loans? ....NOOO!
But Twilight News out of
Arab....tomorrow is going to put out some articles: IRAQ IN 2016 IS GOING
TO CUT ITS CURRENCY VALUE AGAINST THE AMERICAN DOLLAR AND SAID IT'S GOING TO
COME OUT A 1190.
Aren't you concerned about
that? NOOOO! Then you have a lot of explaining to do, Lucy?
--Why aren't you concerned, Frank? -- Because they told us about
this. -- On what planet? -- Planet earth.
Look, on Dec. the 22nd, they
actually told us about this. Actually, it was before that...I think it
was Dec. 3rd...whatever it was, THEY TOLD US. -- So, why are you having
an ER call? --Because I don't want to have an emergency.
Anyway, the same way my
brother answered is the same way all my brothers would react with that
statement.....when they would read it....they're not professional economists,
and neither am I, BUT I also have spent many years with them. I know
tomorrow, when this comes out, the internet is just going to drag it through
the mud. I know that there are many opinions...and God bless them,
beautiful people, but some of them are just ignorant about what they're talking
about. I don't want that for my KTFA family.
Could this be a decoy?
-- LOL - Not really....but..... You mean like a China Syndrome in
1993-95.....they said no, we're not going to raise the value of our currency
and BAMM, 3 days later they raised the value of their currency. LOL
No...Iraq is not playing games
right now. If anyone is, it would be inside the GOI. Let me give
you an example.
These are the words I'm saying
that people will read tomorrow...they were almost word for word...they were
spoken back on Dec. 22nd by the Finance Committee. You could put a spin
on that and say that THAT could have a psin on it and have a decoy on it....reducing
the value of the IQD vs. the USD after they went from 1166 to 1182??? --- No,
that ain't right. -- Be careful. -- Why? Maybe it's drawing in the
final 000's. Maybe it's an erroneous article...maybe it's a scare
tactic..LOL....maybe it's to deal with the stolen currency or the counterfeited
currency....My goodness, that makes sense. LOL...
They told you they were going
to do this on Jan. 2nd 2016....they did? Walkingstick put all the
articles out-- people read them but not with the same concern that they have to
only know the date and the rate. Family, they adjusted the value of the
IQD...they did not change value of it YET. and when they tell you
tomorrow that they devalued the currency, LOL, say AMEN!! LOL Don't
say OH, NO! Let the rest of the internet do what they want..
Maybe....and I think we're
stretching the point that this may be some kind of a deterrent or China
Syndrome thing, but I will admit, we have both ends of the spectrum of the same
story. Which one of them is true? -- Time will tell you -- which is
true? 1166 or 1190? -- The answer: THEY'RE BOTH TRUE.
--Now, you're really making me mad, Frank. LOL
Well, understand the value
of the dinar DID NOT CHANGE...it just did some things OF IT. There is
a difference.
Let me read an article that's
out of the Central Bank of Iraq...This one says....by the way it's Dec. 22nd of
last year -- 2015. It comes from Iraqinews.com --
and the fact that we've had it up on our forum many times in the month of
Dec. It says:
On Monday, the CBI DENIED
REDUCING THE VALUE OF THE IRAQI DINAR AGAINST THE USD....THE BANK SAID IN A
STATEMENT ATTAINED BY IRAQINEWS.COM NEWS
ABOUT REDUCING THE VALUE OF THE USD ARE COMPLETELY UNFOUNDED. - Now
here's the best part -ADDING THAT "THE SELLING RATE OF THE USD DID NOT
CHANGE". --- Did you understand that, family? THE SELLING
RATE OF THE USD DID NOT CHANGE...THE SELLING THE RATE OF THE DINAR CHANGED.
-- ahhh..oh!!!
You don't get the full
translation....our teams get it full -- forward, backyard, upside down, inward
and out....Caldanian language is multi-dimensional. You could say one
thing and it turns out opposite and turns into a totally different thing....it
could be a different sect or a completely different tribe. The value of
the dinar DID NOT CHANGE YET....That's specific wording. You want to put
a China Syndrome on it...fine...
See, as of today, the 1st of
January, it's unclear to all of us whether or not they changed that value of
their currency in-country yet....we don't see the evidence of it because we
still have the 1182.
By the way, 1182 -- why was it
created? -- OMG -- the IMF said just GIVE ME 2 THINGS, IRAQ....what were
the 2 things? What is it? -- GIVE ME YOUR 2% COMPLIANT BETWEEN YOUR
STREET RATE AND YOUR BANK RATE...and they DID IT EARLY..LOL....a long time
ago! What was the other thing? CHANGE THE RATE OF YOUR
CURRENCY.
1182, was created for the
2% compliance but it was created for traders of Iraq in their currency...it
wasn't created to sell to the citizens at 1182. No. No. -- No, they're a
completely different rate. Banks
do this a lot...-- What, Frank? - These are two different
rates...it's called a parallel move of rates. Countries do this a
lot. It's a common thing.
You need to remember....that
1190 when they created it....that 1190 DOES NOT MEAN THIS IS THE OFFICIAL
EXCHANGE RATE OF THE IRAQI DINAR. Got that? The difference
between 1180 and 1190 is the difference that the street vendors make....the 2%
compliant...that's why the 1182 is created and that's why they're going to tell
you 1190 tomorrow.
We NEED THE 1190 in order
to QUALIFY FOR THE LIFTING OF THE RATE.
This is an adjustment of their rate...not an exchange rate YET...it's just the
bank and street rate to be compliant. This rate goes from the CBI all
their baby banks, and then all those banks that are getting secured in all
those cities...everything is lined up like a choo choo train...take one box car
out and you de-rail everything. Don't look for a date or a rate...look
for every box car you can see....pulled by the next one.
This rate of 1182 actually
goes from the CBI, to the baby banks of Dr. Shabibi to the banks, to the
traders, to the brokers, etc., etc...and then who? To the citizens.
Remember, even when they went from 1166 to 1182, THEY TOLD YOU ABOUT THE
1190 and you're about to see that tomorrow and I don't want you to be
misled.
They changed the SELL RATE
.. NOT the EXCHANGE RATE YET. Therefore, this is NO DEVALUATION...the way the articles are going to come out
tomorrow.
You have to grab hold and
understand the SELL rate and an EXCHANGE rate. In countries you can run a
parallel on a SELL rate based on an Exchange rate...Let me give you an example...about
2 years ago, Venezuela had 4 rates....LOL...yeah!! We feared Iraq
....some of the GOI members and finance committee wanted to go in that
direction, but they'll be overshadowed -- in fact, I shouldn't have brought
that subject up. But look, you see that's the problem...we introduce too
many things the net doesn't even know about.
So, Venezuela once had 4
rates...they had a rate for their ports, exports,sell their currency and
traders to sell it to the citizens to make a profit off of that!
LOL So...are you grasping before I go on to another subject? 1190
when you see it tomorrow...okay..
In the auctions, and in the
banks, you can go cash auction, or remittance auctions...I know you don't know
alot of this, but if you learned to speak Arabic, you'd really have an
advantage. So, the auctions are broken down into 2 parts -- cash flow and
remittance...Usually done the citizens go to, but now the citizens can go into
the banks and can say they'd like some cash, please....
Okay -- you can get it at
1190. You want it physically in your hands? Batta bing, batta
boom! -- I wanna open an account....all right, fill out this
remittance form and we'll set up your account and we'll charge you only 1182.
See how that works? Other remittances, wires, electronic...The citizens
can have their accounts wired electronically at 1182 but if they go outside of
their banks and deal with these brokers...sorry! It's 1182....
This is called ADJUSTING
THE OFFICIAL RATE. Yeah...within the country -- requirements from the
IMF and that's why we get no loans because of no liquidity -- I don't care if
it's negative zero...you're about to make some serious bucks ...and keep doing
what we're doing with us.
What are they doing? --
They're working on the math. The powers that can do that...LOL...and
that's the beauty of it all...They had a meeting 2 weeks ago...We've gotta talk
about this currency, we've gotta get the investments...Hey! This is
the Iraqi Stock Exchange...when we get back we have to re-adjust our prices.
AND THEY ADMIT THAT! LOLOL This is not a devalue....whenever
anyone tells you that, give them an Hawaiian punch, right away, okay?
This is simply, in fact, these
poor traders, by conforming to these regulations on their website...that cut
into their profit. They were not pleased but they'll be all right ...and
they know they'll be all right.
The IMF is not in charge of
rumors...on the auction side of their website it's all in Arabic. And, if
you could read it, you'd understand they're telling their banks what to do to
get ready....they're conformant to the IMF....they will be international.
They could actually be
international with a program rate, but no one is going to give them
international any time. They can introduce the T and T's but you're not
going to make any headway with it. They're not landing on Normandy Beach
with the monetary reform, along with many reforms, to lose.
This is a currency adjustment
and they even told you THEY WOULD ACCOMPLISH THAT IN THE FIRST QUARTER OF
2016. All of Iraq...the GOI and CBI is waiting for the
RE-CALCULATIONS BY THE INTERNATIONAL COMMUNITY cuz they'll be doing
business with them ...and they have a say in the numbers.
--There you go again....what
do you mean the numbers? -- No, not those numbers...It's an understudy.
Remember the spread sheet with
the CBI, reading it...and we stopped reading it because we found out they were
just variables that could be moved. Yeah...Why were they moved? --
I don't know...because they had to do the math.. ---Are they finished with
their homework?
Let's put it this way,
remember when we started teaching those numbers? The next thing you know,
those numbers disappeared.- Yeah -- Cuz they postponed what they were
doing, but the numbers came back on the spreadsheet, didn't they? - Yes!
- But if you go to the spreadsheet right now - there's nothing on it....Praise
God! Because they're waiting for the calculations from the numbers of the
international association with the IMF that is working with Iraq, but for
now.-- business as usual.
What you want? 1190 -- this
was announced to us a time ago. They were going to do this.
I know that you're not to be
blamed for not understanding this investment we're involved in...that's why I
thought it be an ER -- to put out a fire that's on the internet...and when it
does, smile like a ....chester cat.
All will be well, in the end,
I PROMISE YOU, family....and if all is not well right now, it's because IT'S
NOT THE END.
Only Iraq is in charge of
Iraq's numbers....they turned them in.
This has been a long story --
with so many chapters that you've forgotten most of them....only IMF is in
charge of Iraq's numbers and the international environment
in the first quarter of 2016 -- no T & T's , no budget -- BUT LOOK FOR THEM
IN THE NEXT FEW DAYS.
In the meantime, IT IS ALL
OVER IRAQ...you know they won't get back on the 3rd...so wait til the 4th until
you see something. -- Why did you tell us to look at the 31st-1st...--
Why? I'm supposed to tell you NOT to look? -- Would it not behoove
us to be studious. -- Well, I was looking for the date and rate.. -- That' your
problem.
Studious -- not silly.
The Kurds are happy...you should be too. Watch for the articles
tomorrow...it's only the 2nd ...maybe you will...yeah, you will because it was
ballistic all over the place today. -- I didn't see no articles -- I know, we
kept them to ourselves. -- Why'd you do that? -- Because it's
copied and pasted.
Me and walkingstick today had
a lot of fun on the phone...I'm about to tell you a story.... He probably
released the story -- I told him to release it at 9:30 pm EST..
The IMF said 2
memorandums:
1) We want your rate
adjusted -- and boy did they -- 1166 -1180 -1190...batta bing, batta boom! --
Okay - sounds good, what else/
2) We want you to increase the
rate of your currency. - All right, we're working on the lower denom's
and increasing the value of oil in this month....in the meantime, on the CBI
website, we're waiting for you to put up on our numbers on the spreadsheet -- IRAQ
IS WAITING FOR NUMBERS, FAMILY. Iraq is waiting for numbers that will
give you YOUR NUMBERS, finally.
It's really interesting...when
they come back...the CBI said...Look, ALL BANKS, ALL INSTITUTIONS ASSOCIATED
WITH US -- WHEN WE GET BACK YOU NEED TO RE-EVALUATE THE PRICES OF OUR
STOCKS...-- Why? -You know why! I'm going to sell a
stock...nooo..
If you sell stocks at this low
rate, many wise people will jump on these stocks. So, Iraq's bank institutions
-- we ought to study these numbers they're about to give to us..
London calling...there's so
many stories....
About 2 years ago, there was a
LOL knucklehead, who decided to smuggle 8.31 BILLION dinars over the Ambassador
Bridge across the Canadian border...early 2013....and for 2 years, this court
battle they'd been fighting over that worthless currency (LOL) -- they
released the verdict and kept it quiet but it's now on our forum....Do you know
what they said? It's an 8-page report...judge's report, lawyer's report...and
the last page you'll find on our forum BTW...the reason they're having this big
debate...there's nothing about what this has to do with the issue.......it says
so and so -- and courts official says, I REALLY DOUBT THERE'S A BANK IN IRAQ,
WILLING TO GIVE UP DOLLARS IN RETURN FOR SO MUCH LOCAL CURRENCY.
LOL It's worthless currency, dude! I know it's in the billions --
they're fighting over something they know is going to have great value, IMO.
Understand Iraq is about to
come out with things that may cause confusion...may cause doubt, but when you
look at this -- and I hope you took notes -- and if you space it out and put
that there and then think about what Canadian court is doing with this
worthless currency, it tends to remove my doubt of the potential value of the
IQD...you know what I mean? I trust in God...I think we'll be okay in the
end.
Don't let tomorrow become an
emergency and take this to God in prayer...They're not doing anything with
smoke and mirrors ...they're going about their business of the reforms...people
are so desperate and I need to be perfect in my understanding -- I need a bulls
eye ...I need to know the date and rate...and as I told you, if we have anybody
coming on our forum with a negative statement -- you're gone. Unfortunately,
you're gone...I'm not banning anyone, I don't like to leave anybody behind, but
we let them be among us but we don't let them post but they're still with
us...we can't afford undisciplined behavior.
This is very, very serious --
they're going to have an INTERNATIONAL WORLD IN THE 1ST QUARTER OF
2016 whether you like the way they're doing it or not. Praise God for the
understanding and all honor and glory to our Heavenly Father in the same way,
let us be dismissed.
Pray for others...and when you
post, start off by saying, Frank, I disagree with your opinion and this is why
-- and back it up with facts...this, that....but to come in there like a person
who's drowning...when the rescuer comes to rescue that person, all the
thrashing only causes both of those people to drown.
I don't want undisciplined
behavior ...we're SO CLOSE! Do it with dignity by stating your opinion
and why. It's so easy to point the figure...to accuse...to say give me,
give me...but what can you give in return. -- Oh, really, you want me to
pay for something you want to give me? -- No, I said give. LOL
Dismissed with a prayer.
