Tuesday Night KTFA CC with Frank26 and Nova - 10/28/2014

[ronscarpa]

Tuesday Night KTFA CC with Frank26 and Nova - 10/28/2014 

Notes by Bulldogford65!

IQD update 

• Frank and teams believe that Sunday, Oct 26 was the beginning of the lifting of the 3 zeros (or increase of the value); in Frank’s opinion, it’s not in human hands any longer, it’s an algorithm that is traveling globally (data is being transmitted), and last night, evidence of testing was seen in movement of the IQD on certain financial websites

• The ISX did not install the XStream platform in vain; you don’t get a passport unless you are leaving the country – the ISX would not install the XStream platform unless it is going international

• I Team contacted Frank today, and they stated the same thing as yesterday; they cannot say any more at this time, yet they called three times – that says a lot; what they did say is “everything is still the same”; recall what intel I Team gave last week – they are holding to what they stated last week
• In Frank’s opinion, we are seeing front loading data; there is evidence that the Qi card was used for the first time also

• Please review Walkingstick post 322, article from the GOI speaking of lifting of the 3 zeros, and at the end gives up “the implementation of the project in the next few days;” also review Walkingstick post 328, and BDF65 posts 309 and 339 (All are posted below)

• Frank read a letter from WF to their employees (on WF letterhead), instructing their employees to listen for the words “Iraqi dinar;” the letter to the employees instruct that they are to listen for the words “Iraqi dinar” from clients: “when a customer mentions IQD, it can be a person unaware they are about to suffer a loss; how does loss occur: 1) web based dealers not filling the orders

(Frank: what has that to do with it being a scam? That’s a dealer stealing) 2) fraudsters using Ponzi scheme to defraud investors (Frank: again, not the dinar, but someone perpetrating fraud) 3) fees to exchange 4) counterfeit notes 5) the bank can be sued for people opening an account without the bank advising of the risk; NONE of these have to do with the dinar, it’s all people stealing or abusing the dinar

Nova came on the call at this point

• Nova is a licensed financial adviser

• Nova’s comments: get a professional wealth management adviser, get an attorney and have the bank come to you for exchange (international tax attorney is a good place to start)

• Don’t go to the bank, the bank should come to your attorney’s office; WAIT and SLOW down before exchanging currency 

• What about just burying the IQD for safe keeping? Goes back to the parable of the talents, we’re not prospered if we don’t use it for the Lord’s purpose and increase what he has given us; just remember that financial institutions look out for themselves not for you; the cost of a good attorney is very well worth the money as you are leveraging their experience, knowledge and expertise – especially if you have never had money, you must leverage the expertise of people who know how to manage money, do business, and leverage relationships; with new money, act like you have old money

• Frank asked what did Nova mean last night by the USD being a dinosaur? Nova replied that at some point the USD will become extinct, no one knows when; remember that we are exchanging a currency with no debt (IQD), that has real asset backing; the USD has massive amounts of debt and we have not solved our problems with the USD, it’s a dinosaur 

• Nova spoke about going outside of the USA to deposit dinar as dinars – there are no taxes at this point, it’s only converting the paper dinar to electronic; the tax event occurs when it’s exchanged; you are in charge of your money; it can be leveraged to create revenue streams and gain, and minimize taxes 

* Nova emphasized to take your time, and don’t tell anyone about your investment

• Frank reiterated what Nova said last night, in the IQD, we hold the premiere currency; do not be in a hurry to convert to a dinosaur (USD); become a pro at what we’re about to enter

• Nova emphasized that our paradigm is about to change and must change; if sudden wealth is not handled properly it will become catastrophic; we cannot think the way we have thought in the past; strip away the way you thought in the past and think completely different

• In Nova’s opinion, those with IQD do not need investment products sold by banks, what is needed is a plan to manage the investment, and the place to start is with an attorney 

• Again, the paradigm shift of never, ever spend the principal – you cannot ever get it back; it’s biblical, do not spend the principal, live off of the interest or revenue streams generated by the principal

• Frank ended the call with prayer

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walkingstick » October 28th, 2014, 12:26 pm •

28/10/2014 15:35
Parliamentary committee calls for the central bank to implement deletion of zeros early next year

BAGHDAD / obelisk: Parliamentary Finance Committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency .

A member of the Committee MP Jamal Joker he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other . "

He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".

He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market . "

The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years.

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walkingstick » October 28th, 2014, 12:36 pm •

Deletion of zeros! ubMonday, October 27, 2014

Iraq is the latest Arab and foreign countries decide to delete the zeros from its currency because of the decline in the purchasing value of the Iraqi dinar and because of the significant rise in inflation levels.

A few days ago announced a committee of economy and investment in the Iraqi parliament, that the deletion of zeros from the Iraqi currency will be working by next year (2015).

It is noteworthy that the subject of the deletion of zeros from the Iraqi currency is not new, it was the Iraqi government project about deleting three zeros from the Iraqi dinar, to reduce inflation suffered by the Iraqi currency, but it has been postponed. He was scheduled to testify in 2011 to delete the three zeros from denominations of Iraqi currency, so that it becomes the new dinar, equal to 1000 Old dinars.

What does that mean?

First, it is necessary to clarify the fact that the abolition of zeros any currency in the world, does not mean in any way an improvement in the exchange rate, and this in turn leads to another conclusion is that the deletion of zeros does not mean as well as any improvement in the Iraqi citizen's income, it does not mean to address the many economic problems suffered by the Iraqi economy. If that is the case, for all the world's governments scrapped zeros from their currencies. The deletion will not address inflation and will not contribute to the aggravation, and will enhance the economic reform, that if there is any economic reform originally.

The only goal is to facilitate the buying and selling processes, and the mitigation of carrying large quantities of banknotes, and perhaps give a positive psychological boost for Iraqis, so that they feel, even if only from the door of the feeling, that the purchasing power of the dinar, has become the best. In any case, we must clarify here is the fact that the Central Bank of Iraq, the authority is independent of the government is not entitled to state intervention work.

Of course, this only theoretically, but practically, God alone knows.

If we go back to the reasons, which led to the current situation of the Iraqi dinar, it is possible to say, that, during the period of the comprehensive embargo on Iraq between 1990 and 2003, Aracaah economic crisis stifling strong collapse of oil exports, and the deterioration of the production wheel, industrial, agricultural, and high unemployment have emerged and inflation, and the lack of external debt repayment, and a chronic deficit in the state budget.

Therefore it was intuitive falling exchange rate sharply until it reached parity value of the dollar to 3,000 Iraqi dinars in 1995.

Because of this situation, it has become necessary to issue new cash categories and reached the nominal value of 250 dinars, but in fact, is not equal in terms of real value only 25 fils of the value of the Iraqi dinar during the years of the seventies. Thus emerged three numbers on the Iraqi currency. When the United States occupied Iraq in 2003, was quick to cancel and replace cash categories, in order to facilitate internal trade in everyday life, it has become necessary to add other numbers. Instead of dealing with a paper dinar and five dinars, as well as Algchrh, and twenty-five dinars, Pat dealing in the currency of the seven categories are 50 and 250, 500 and 1,000 and 10,000 and 25,000 dinars.

Therefore, the thinking is now heading to the road is easier and faster, which is deleted 3 zeroes from the dinar. The paper of 5,000 dinars category, for example, will be replaced by other Aorkh $ 5 dinars. Again I say, if the reasons for the deletion of zeros is almost confined to the psychological aspect of the desire of a high exchange rate of the currency, it will enter the joy to the hearts of all Alaraceyen, by suggesting that the dinar will return to the glorious past. But in fact, these false joy, nothing else.

http://arabic.arabianbusiness.com/politics-economics/2014/oct/27/373512/#.VE_FYPnF_T9

[BUSHMAN]

THAT IS DEEP