cgbrown

Place your quesions for thisweeks chat with Adam, here: Adam, When was the last time you personally made a Trip to Iraq to consult with your informants. Do you still believe it is reliable information?

Hey Adam, great job I give you a 100+ on content and mannerism. You speak the truth in kindness. Hey, Mods, you should have merged the two the other way... KCW 's title is more appropriate.

You say , you've been sitting on this investment egg for 10+ years, do you still believe it will hatch???

Use this thread to ASK ADAM A QUESTION for this week's Chat session. Adam, again we express our thanks to you for sharing the information you glean each week.

Frank illustrates a caterpillar metamorphosing to become a butterfly with our investment. We cannot see the process can we? The process is messy; much like our investment. But the great news is, is that the process IS in process. There is SO MUCH evidence that is occurring that shows us that it is happening. The revalue of the IQD is going through a metamorphosis. Maliki is going to put the politicians on TV soon; not quite sure when. The TV is the best place to send a message, not to you and me, but to communicate with the people of Iraq. They know the position of the people of Iraq. What did they tell them today? TV is being used to tell the people the truth. The process of lifting the three zeros is in motion and it’s doing very well. On TV they are talking about the HCL today. Not much to do with our investment. Doesn’t affect us; none what so ever says Frank. On TV they announced they need construction companies and materials from now until 2019. On KTFA Premium Frank has a video explaining investing in Iraq in a Monopoly game fashion. Frank thought wow, they are about to load themselves up to rebuild their country. This is big, very big. It’s very important to see this happening. On TV announced today they are producing 2.5 million barrels per day. In 7 months they will be at 5 million barrels per day. Frank believes strongly that they are already close to 5 million barrels per day. They are talking about the borders. Securing of the borders; guarding of the borders. Why talking about this? Why not the tariffs? Tariffs are already set up perhaps? And now guarding borders? Not sure about this right now... TV speaks of Chapter 7 a lot. June 15 is when the UNSC wants to talk about it. Do they have to wait until June 15th? No. If the AoP feel that the GOI is ready to go, they will tell Shabibi to push the button. Seeing Kuwait and Iraq sign four agreements yesterday. Wow! Process! Momentum! AoP; How did they react to this? Pleased, says Frank, very pleased. So, do we have to wait until June 15? Not necessarily. TV comes out today and say there is a weakness in Parliament but it has strengthened Maliki and the gov’t that he’s trying to form; that’s why we believe that Maliki’s government will control the laws that will be and have been passed by the GOI. Most of the laws that have been passed and agreed upon have not been implemented. How is it that this weakness has strengthened Maliki’s gov’t? Light came on from files from Petraeus that scattered cockroaches. Laws being passed but not used indicates Maliki is in control. TV announced Maliki will run for a 3rd term for PM. The GCC is talking to Iraq A LOT to Iraq. Not going to invite Iraq with a toilet paper valued currency; they are going to move a lot of oil at a high rate. Huge news! TV announcing to citizens they will be proud of their new currency because it will be showing and representing Southern Iraq’s civilization history and highlighting the agriculture monuments in that region. This is big intel when you consider they say oh no we aren’t going to lift the three zeros and yet they go on to describe their new currency in detail. Also huge news! Articles all last week about Maliki was trying to get Shabibi to step down from CBI. TV came out and made it clear that this was NOT true. See what the TV is used for? TV spoke of those running and fleeing from Iraq. Cockroaches are being chased out of town; by these things going on, it allows the AoP to tell Shabibi to raise the value of the dinar. Talibani, Allawi, Maliki meetings in Kuwait; all made deals. Now Maliki needs to fulfill these deals as this week continues and into next week. Look for announcements to be made about Maliki has done certain things by or for certain groups. 15 days to get them done but just a threat. Not on TV - From Delta - Sadr does not like Maliki or USA. Sadr wants a new PM. Team believes he will put in no confident vote to not allow Maliki to put in bid for 3rd term for PM. Maliki is insistent and announced on TV he’s putting his hat in for 3rd term and try to run for the position again. The deals that have been agreed to have to be fulfilled to give him the “confidence” of the GOI to allow him to run for a 3rd term. TV announced the CBI has 250 billion dinar, this is the Cap that was required of them prior to 2013; this means we are looking at 250 billion USD after just two years of doing this? That alone, when they raise the value, will give each bank capital backing of 1 trillion dinar. Just after two years??? HUGE! Important to understand the CBI has an excellent plan. They know what they are doing. Go back to last year; Hilary Clinton said to investors if they don’t get into Iraq early they will not get their chance. Frank won’t invest in Iraq; doesn’t mean that we can’t. Frank doesn’t want the stress at this point in his life. Frank spoke with Delta about investing in Iraq. Delta wants to help the family. Delta said he would do what Frank think he could do. Frank wants to explain to us first about investing. Then Delta can help us. Frank doesn’t want us to take the council of one person. Don’t turn your dinar over to someone who is going to invest in Iraq. Take care of your babies (dinar). Never leave them out of your sight. If you’re going to invest in Iraq; start with banks first, says Frank. Do not go with just one person who says they will do “everything” for you in Iraq. No, no, no! Nuh uh! Delta would put something together, even conf. calls for helping us and to teach us how to invest in Iraq. Wow says Frank. That’s a lot of power there; are you just going to give it away. Delta says, hey that’s what we do, right? Frank will see what they can come up with and pull together about investing in Iraq. Frank and Delta want to thank the Bush family and the AoP for this opportunity to invest in Iraq. If the EO had not been signed we could not have participated in this investment. All Frank’s team wants to tell us that when the Lord finally blesses us, may we kindly think about supporting American banks. Frank prays to close the call. Shofar sounds.

From Frank26 and KTFALWAYS: April 25th 2012 Tonight one topic and report from Iraqiya TV Didn’t they say they would stop the auctions in July? This is important. It’s amazing. The auctions are very important to Shabibi and the CBI. Iraqiya TV came on this morning and said it looks like the auctions are now stopping. That’s not possible says Frank. Shabibi needs these auctions. But wait; Shabibi and the AoP have set a really nice table for the WB to come and visit and check out their China. It’s no longer plastic-ware. Stop by and help us remove some cockroaches the same way you removed them from the GOI. Can you do that for us WB? Why do you think the WB would do that family? Why would the auctions stop now when they said they would stop in July? Why is the WB coming? It’s because the CBI, AoP and Shabibi have something to show off. When they told us that they were going to do this in July, oh wow! If they do that, they have just choked… Today Shabibi comes out and says “In the coming days few days”…what? What’s coming? I’m going to turn the auctions over to a State bank??? What? Seriously??? Did you hear that? What do you mean? You don’t need the auctions? It’s not something we require any longer. Did you just hear what Shabibi just said????? That’s how you control inflation! Why would you quit the auctions you need them! You see Family the auctions they are selling hard currency. Do you know what hard currency is? The auctions are used for hard currency movement. The hard currency is USD. They need USD because they don’t have dinar for liquidity. What are you doing Shabibi? Then you invite the WB to come over and check out everything; they will see that you have stopped the auctions. Shabibi, you son of a gun. You wanted to stop the auctions in July didn’t you? So you went from July to today; to now? You are ready now aren’t you? Why didn’t you just tell us these things? Why do you make things so, so obvious? Hard cash is what you need in order to function. Hard cash transactions through auctions are what you need to sell. The GOI asked you to do this didn’t they? Shabibi would respond, not necessarily, but this is the time we wish to stop this. Did you hear that? He really wants to stop the auctions? It’s all he has to control inflation. Let along bring in hard cash and bring out your currency. Shabibi this does not make sense unless you are trying to tell us something and trying to tell the World Bank something. Shabibi you just got back from the US. Did you meet with the WB? Yes you did. Did you meet with the IMF? Yes you did. And you met with the AoP didn’t you? This we have no proof of. Now you come back and tell us that you are now going to stop the auctions; and this is being turned over to a state bank? You buy USD through your auctions; and then you sell IQD through your auctions. And it should create a set of checks and balances. But you have wound up with a revolving door where your currency is stuck. How is it that you can remove the auctions? Here is another thing. The auctions…this is how you make and save money into your reserves. If you stop the auctions….how will you continue to make and save money? Why in the world are you a Central Bank?? Will you clean chimneys now? Are you going to baby sit dogs and cats?? What are you going to do then if you will no longer have auctions to make a profit; through the ins and outs of your currency? You son of a gun…you. You see family; the CBI is coming out saying, ya know, this is no longer our job. What do you mean? It’s no longer my job to run the auctions. I’m turning them over to a state bank. WOW! Shabibi and the Finance Minister were both in the USA on Friday, Saturday and Sunday. Then they come back with this new surprise when it was supposed to happen in July. Then they invite the WB? What’s going on Shabibi? Shabibi, how can this be when you use the auctions to control smuggling and counterfeiting? What’s going on Shabibi? It makes no sense that he doesn’t need the auctions anymore. He needs the auctions….UNLESS… They are never going to give up their monies to the GOI…hello! The rumor is out there that supposedly the GOI in…June…is going to get together and vote to make the CBI a part of the GOI? Impossible! A vote can’t do it. That would take a constitutional amendment. The rumor says that 70 – 80 % of the GOI doesn’t want to lift the three zeros. Really?? This is the same GOI that asks for a time out on the monetary policy so they can talk things over some more and they shut down the city and talk to them. The CBI will never give their profits to the GOI. The GOI has their own money and makes their own profits through their contracts. But the CBI is not going to make any profits and therefore can’t give any profits. What’s going on Shabibi? About 2 months ago the GOI asks Shabibi to stop the auctions. What? Do you remember? If you calculate out; that was right around the time the GOI passes the laws to raise the three zeros. Shabibi didn’t stop the auctions then did he? The AoPs wouldn’t allow it. Hard currency is the USD. The need the USD, it’s what they function on right now because they don’t have any Dinar left; let alone function without them. How do you think they are making astronomical payments? It’s because the rate went up and they don’t need the auctions any longer. Didn’t we tell you? Frank do you think the rate has gone up. Yes. Really? You think they have lifted the 3 zeros? Yes. When? It’s in the budget. Wow! Shabibi, we really hope what we are seeing we are interpreting correctly. There is just too many things we are seeing that tell us you are about to do something… You just don’t stop the CBI auctions. You just don’t. It’s stupid to stop them. Unless you are about to raise the value of your currency! Which you invited the World Bank after you visited the IMF and the UN just 6 days ago. Wow. If this is not the case, you understand you will really mess up the CBI? The decrease of monies will also affect and decrease the value of the IQD further. And it’s already worthless! The auctions were bringing in the USD and selling the IQD at a profit. But this would be mistake; this would be the reciprocal of spitting out USD and bringing in…OMGoodness! Is that WHAT you are trying to do?? LOL You son of a gun! Here we are mad at you with stopping the auctions when this would be a dumb thing to do for a brilliant man. But we come to the conclusion and understand you are about to kick out the USD and suck in the IQD being the opposite of what your auctions have been doing aren’t you? You’re about to control inflation…with steroids! We know Shabibi it’s not the GOI’s job to stop the auctions. You don’t have to blame them. We know you are stopping them. A wire transfer needs to go through the CBI. A wire transfer reflects international status. But if you are stopping the auctions without truly raising the value of your currency, the things we have said you were going to affect; you’re also going to affect them in the black market. You would mess up the interior of the CBI let alone interior of the Black Market which has established itself in order to survive with a worthless currency. If you are not doing this without raising the value of your currency; this wire transfer will become like the revolving door you were stuck with in your auctions. In the country, these wire transfers between the Rasheed bank, it gives them a money wire transfer, from the CBI to the Rasheed bank, and then the bank has to wire it back to the CBI. That’s crazy. You can’t wire from yourself, to the bank and back to yourself. That’s money laundering. That’s illegal. It can’t work that way. But that will happen if you stop the auctions. It doesn’t make sense to create a revolving transaction between the CBI and state banks; just like it is occurring with the auctions. There’s no doubt about it; the meetings that occurred this past week. Didn’t we tell you that over the weekend there would be some great results from those meetings? There is no doubt about it; they were amazing. Iraqiya TV; Kuwait, already told you about Maliki when he went over there and Maliki took them a picnic basket full of cash, real USD. He also whispered into their ears and told them what they are going to do. Remember that? Someone keep reminding Frank about this. Once Maliki came back what did Kuwait do? It is important, it is a key clue! Kuwait went bonkers! They exploded. The first thing they convinced the Kurds and told them what Maliki told them. Hey come over, let’s talk we want to invest. We sent our Ambassador over there. We are sending 50 companies to invest. Understand that everyone wants to pour into Iraq and invest, but they weren’t told what Kuwait was told. This is a key factor. So Kuwait on Iraqiya TV, congrads to Iraq for all they have done. What? Yeah! This is why they are pushing to have them released from Chapter 7. Everyone is happy with Iraq now; IMF, UN, Kuwait, Kurds, WTO, UNSC, AoP. It is a cornucopia of everything we need to see in our investment. Chapter 7 is being talked about again after the weekend. What did we tell you about the weekend? Wait until you see what comes out of the meetings. We didn’t know it was going to be this good. This is delicious! WB, IMF, GOI, Shabibi. Hmm. We believe that they are going to show the WB an international rate. We believe they are going to show them the budget. We believe chapter 7 is a hot topic once again because they already know what they are going to show them. And we believe that, well, what the heck, we don’t know to wait until July…we are about to do…something…so…they are going to stop the auctions. When Shabibi? Oh in a ‘few coming days…’ Family remember if they get Chapter 7 they will walk straight into Article 8 but remember they will never get there unless the revalue their currency and raise the value of their IQD. They did. And the WB is coming to investigate. Article 8 mandates they can only use their own currency. They can no longer use USD. There is a reason they have to do this says the AoP. Right now in Iraq government workers are being paid with USD. The CBI will not allow their hard currency to leave their hands because it’s the USD that has been helping them. You don’t abandon your life boat. This was what the auctions are to the CBI. It’s too important to their economy. The CBI we believe with all sincerity is poised to raise the value of their currency because if they remove the auctions, they can’t make money with the USD. But if they close the auctions and lift the value, they can make money off their own money and they know this. A grand stage is being put together; the lights are being slowly dimmed and cast right at center stage. Shabibi will soon show up and make an announcement, because if they are truly shutting down the auctions and it’s only that they are ready to make money with their own money. Because they are ready to walk into Article 8 because they have earned it by getting 7 by lifting the value of their currency with the law they passed in the 3rd week of Jan. Getting chills??? LOL Frank is excited having waited so long for this and get started reaching the 5 corners of the world.

Another week, and another month comes to a close: What is the best news you've heard this month/ this week???

Because the current meetings are SO current Frank’s team doesn’t have all info gathered and cooked for us just yet. Delta will be with us tonight. Frank prays to start the call. Frank’s Team analyses the proceedings between the GOI and CBI each week. They will give no date or a rate over our investment. There is some good information this week. There are interesting meetings taking place. Something important to speak about to the family tonight but will not waste much time with it. Member on forum for quite a while was banned due to posting around the KTFA forum PSA rules. This was done because Frank cannot answer questions or answer for other sites and thus they should not be posted on the forum. Ali is back in town now. Ali hasn’t called Frank. Ali did call about help with having people come to Ali’s Facebook page to ask questions or questions about rumors. Ali’s communication with others is his business and he shared with them what he is currently doing. Did he tell Frank? No. why? They are both busy people. Frank and Ali have maybe spoken 3 times this year. They don’t waste one another’s time. Please don’t post your questions regarding Ali and what Ali is doing. Frank cannot answer for Ali. Frank doesn’t know what Ali is up to as he has not called Frank and Frank has not spoken with Ali. Frank cannot and will not answer for Ali. Please get in contact with Ali if you have questions regarding what Ali is doing or up to. Ask him any question you want. He might be busy but he will likely answer your question. 3 years ago Ali asked Frank if he would help doing an office with Ali. 3 years is a long time and things can change. Frank is not going to do an office Ali’s staff will do the office and exchanging in Toledo; Frank will be elsewhere most likely if you wish to come see him for security reasons. Frank and Ali offer different values and packages selling dinar. Is Frank jealous? No. Frank filled in when Ali left the market to drive the price down on sold dinar. Today Ali called Frank. Ali asked Frank why he was seemingly disrespecting him. Frank had to explain to Ali that he has not in any way disrespected him and explained to Ali what has been transpiring with Frank having to ask people who post questions regarding Ali on Frank’s forum thread are only being ask to redirect their questions to Ali. Ali has stated his opinion on the dinar. And it is “his” opinion; his “intel”. Frank does not believe the way Ali believes. Ali is entitled to his opinion and Frank to his. Delta is on the call. Delta greets everyone. Over the weekend, the financial ministry committee with Shabibi and the Central Bank before Shabibi comes to the US. There was some kind of meeting behind closed doors about the dollar rising against the dinar. Shabibi was asked to do something to combat this very quickly to increase the value of the Dinar. He did promise them back in the prior articles that in the coming days. Over the weekend they came out to say it in Arabic, Delta says it in Arabic what was said on TV; they have promised that they are going to do something to increase the dinar’s value. There is a lot of talk on TV about this. There was a big huge meeting with the IMF meeting on 19th and 20th. Dr. Allsawi (Financial Minister) and Dr. Shabibi were in the US; they stopped in Switzerland and Delta’s CBI contact informed him of talk going on inside the CBI that Shabibi took with him some very, very important documents. We don’t know exactly what the documents were but we know what has been transpiring of late. The Basel Central Bank is there. They came all the way to the IMF, in the US, the US Treasury, Shabibi and Financial minister had a behind closed doors meeting. Iraq is still under a waiver with and regarding their program rate. When Iraq decides to revalue their currency they have to submit letter of intent to IMF. IMF will sit behind closed doors has to support a vote of approval above 85%, which then goes to Central bank of Switzerland, when Shabibi pulls the lever it will show up all over. A lot of things went on with this meeting in the US. We should know shortly about all that took place there. A couple videos came out over the weekend, posters asking for translation. Delta says that what was being said, were things the Team26 already knew about. But basically there was a big meeting; it’s a big deal in Iraq. Every other day there are big meetings behind closed doors with the Financial Committees. Remember there is a Financial Advisory committee of Parliament and the Cabinet Financial Advisory committee also Shabibi is on the board. The National Coalition did meet over the past 48 hrs. They are going to support Maliki with confidence but also with conditions. The main condition is to not get involved with independent agencies. There is a lot of talk surrounding removing confidence from Maliki. Delta wishes to remind us to remember that it’s very hard if not next to impossible to take away and vote for no confidence with regard to Maliki. You see the NC has more seats than the Iraqi List. They are the ones that have to choose. Even if they want to take away confidence in Maliki the 2nd guy has to come from the National Coalition; but all are in agreement that they are going to support Maliki. But Maliki has to fix several issues surrounding trying to control independent agencies which will not happen. Meeting between Kuwait and Iraq for meeting today, not sure right now, no confirmation whether it has occurred or not but just to let us know over the last 5 or 6 days that the Emir of Kuwait, his son, is in charge of a lot of issues in Kuwait and in Kurdistan right now, with big investment group from Kuwait there to work out plans and have announced today they will invest in agriculture and factories in Kurdistan. Whether meeting took place already or on the 29th everything is looking great and is nothing but good news. Iraq airlines announced that for first time in many years to start chartering flights to India now. This is very huge news. Good indications of where things are moving. Now they need to sign a letter between the two ministers from Kuwait and Iraq to confirm everything with the UN to witness and will go to the UNSC and Kuwait will say yes to remove Iraq from Chapter 7 – we believe that this is going to happen. There is a lot of progress being accomplished on this front. News on TV that on May 11 the EU and Iraq will sign contracts agreements to investment heavily in Iraq. It took 2 ½ years to bring this deal together. Just to let us know that it’s not yet published but Obama has signed the EO that extends protections over Iraq’s funds in US. Central bank and financial minister were successful to get another year of coverage over the funds. This is very good for us. We should see articles soon. An article the last two days came out from Dr. Shabibi; they are definitely independent and will stay that way but need to work and coordinate with the GOI. The government was seeking to control them but will not happen. There was a big meeting with NC to confirm that Maliki will not control the CBI. Shabibi also said that lifting of the 3 zeros will see the light on Jan. 1, 2013. Now, he did not say the revalue would take place in Jan 2013!! There are two definitions. The currency will coexist with time limit. Jan. 2013, the citizens will have 2 years to co-exist. Couple weeks ago article about the exchange rate will increase gradually from time of lifting the zeros and then be controlled to come to 1:1 and on up or whatever. So now, we know something has got to happen. It’s a big problem in Iraq with the Black market. The going rate is 1300 dinar on Black Market right now. Since there are few lower denominations the citizens lose 30 dinar from the 1270 rate. There are no 20 dinar notes. The citizens are force to give up 30 dinar to make transactions. Kurdistan announced again today the value on the Dinar is dropping. Delta mentions the scenario he brought forward from several months about the dinar start with a value around .10 cents. It’s very possible he says. Delta told Frank today that a few months ago Delta has several people he talked to and Delta still speaks with a business gentleman he knows and is a friend in Iraq. At the time Delta didn’t take it so serious what his friend told him but he mentioned that sometime in May the CBI will increase value something around nine or ten dinars per dollar which is around .09 or .10 cents. Delta didn’t take it seriously. No one knows the rate. But Delta thinks perhaps this could play out this way. Iran and Syria have a lot of Dinar. If the CBI starts and comes out at .10 cents, those countries will have no choice but to cash in their Dinar. That is a lot of money for those countries. It’s one way for the CBI to get a lot of dinar back from surrounding countries. Remember they can come out at .10 cents and not release lower-denoms right now. A lot of pressure right now and talk about them not doing a very good job and really have to do something as soon as possible with their monetary reform. Delta does believe Shabibi is back in Iraq now from US. Maliki is back also from Iran. All big shots are back in Iraq. We all know that the IMF changes the currency of Iraq at the end of April historically but we have to wait and see what happens. Possible we might see something? Yes; possible to not see anything? Yes as well. But Iraq cannot continue to wait to do this says Delta. He really believes highly based on all Intel right now we might see something this week. There is a lot of pressure to do something right now. By the time of Jan. 2013 we should at least see the dinar at 1:1 with the dollar. Not rumors, but the CBI has said they will increase the value gradually. Even if we have 8 months, it’s a win/win for all of us. Delta’s opinion regarding Ali’s opinion, while Delta respects Ali’s opinion on this, he feels that Iraq cannot wait much longer to revalue their currency. They have to do something about it. Delta takes some questions now. Frank says considering the meetings over the weekend; Frank asks Delta if he feels that Maliki is in a much better position with the government and Shabibi is feeling more comfortable with the GOI and they are both getting along better. The CBI is waiting for the GOI now aren’t they? Yes, says Delta overall they are doing better overall; they need their assistance. They are waiting on approval from the GOI to move forward. This is a joint effort. They need to make sure everyone is happen and everything is in place; otherwise problems can arise later on. Shabibi is waiting patiently for the GOI to get their act together. Confidence is rebuilt with Maliki says Frank. There is progress between them. The CBI is ready and waiting to raise the value. Delta says Shabibi also mentioned they have to remain independent otherwise the GOI can print all the money they want and this cannot happen. But Maliki was there when they put the constitution together so he know exactly what is in the constitution and how it works. Bluestar poses a theory; as we get closer to the revaluation time; we would see increased disinformation put forth. Does Delta think that information disseminated about votes in Parliament taking place in July and various scenarios being protracted of late are going to be at odds with the CBI’s monetary policy efforts and be part of a disinformation campaign? Delta says no. Shabibi has said they don’t need approval to lift the zeros; they already have it and have been working on this since 2004. When they came out with the new constitution they gave the CBI the power to issues new currency; raise the value of the Dinar through monetary policy controls. Parliament has no right to cancel the CBI moving forward. Delta reminds us that IF a country lops; that is the only time a central bank would need the approval of the government and that of the IMF for that to transpire. A lop is not happening in Iraq so they don’t need the approval to change the monetary policy. They need the coordination and approval to move forward. The CBI is working on putting out the new lower denominations, removing the 3 zeros currency and they don’t need approval to do these things. If it was true about Parliament getting together to vote in July to remove the 3 zeros and they don’t lift the zeros they will never see their currency become internationally tradable. This is one of the requirements by the IMF for Iraq to move forward internationally. The IMF has told Iraq specifically that we will support your economy 100% and they will be internationally recognizable as long as they perform one of 3 things and 1 of them was lifting the three zeros. So are you saying that the Parliament doesn’t understand this and they would come and vote against this? If they vote against it, then guess what, then nobody can ever trade dinar. Would that even make sense? Bluestar interjects that if they voted against it it would go against a “greed” motive which seems to be prevalent. Members of Parliament are certainly well vested in Dinar and that would run counter to them voting against it. It just appears that a lot of what we have seems to pose as a disinformation campaign, but we wonder what kind of campaign is this that has been going on? Delta explains what has been going on and why the disinformation is that the Parliament doesn’t know exactly what Shabibi and the CBI is doing. Remember the CBI is not obligated to tell everyone what they are doing. Once the monetary policy is approved they cannot go backward. Shabibi has said they cannot go backwards. They have to be able to trade internationally. They have to make their currency internationally recognizable. There was some confusion when the GOI asked the CBI to wait a little bit. They did not ask them to cancel moving forward. Delta explains that when he and Frank were talking, the CBI told everyone that in Jan. 2013 they were going to start lifting/deleting the zeros. If that is the right date to do it, then why did the GOI ask Shabibi to hold up? To stop? Why ask to stop if its 8 months down the road? Unless there is something going on behind closed doors and Shabibi is about to do something…like release the lower denominations and coexist, remember, the money has to coexist together and then the CBI has to set the date. So it looks like date that the CBI is going to start is Jan. 2013 but that doesn’t mean the CBI is not going to introduce the lower denominations in 2013. Bluestar agrees but it seems with a guy with the level of knowledge that he has and also as an insider and a potential bank within Iraq, he must have to know something of what is going on inside Iraq. Bluestar isn’t saying he’s right, but it seems like what he was saying was disinformation if what he is saying is incorrect. Frank wouldn’t say it’s necessarily disinformation. Ali presented this as his interpretation of “his” intel. He (Ali) said he believes, being respectful, Frank and his team’s opinion on Ali’s intel opinion is… Delta jumps in and say he respects Ali a lot, this is what people told him over there, but remember… Delta explains the reason for the disinformation is that not everyone knows what the CBI is going to do. Only those who need to know. Delta says the 3 or 4 meetings before Shabibi came over to the US, the financial committees, the advisory committee from the Cabinet, the Parliament and the CBI to go over what they quickly need to do before they came over here. Let’s say Ali’s information is correct. Inflation is 8.2% in March as they say. What happens when inflation rises to 15%? Does Shabibi have to wait all the way to Jan. 2013 to enact the raising of the value or wait for Parliament? You are missing a point, the CBI, if you go to the site and look up the CBI laws, in there it says that if the CBI reaches a “red line” they can step in and enact measures to raise the value or whatever is necessary to save the value of the dinar. Secondly we know that the UNSC wants to lift chapter 7 from Iraq. If you lift Chapter 7 you have to have an internationally recognizable currency to be removed. It’s part of being removed or graduated to Article 8. So, are we saying that Iraq doesn’t want to trade internationally with their currency? And they have to wait for Parliament to vote for that? Delta reiterates to remind us that they can immediately come out at .10 and not release any lower denominations. They can utilize what they already have, the 25, 100, 200 dinar coins until they have the full set of lower denominations ready to release. A lot of people have contacts. But no one knows the date or rate. Remember this is classified information. The prime minister doesn’t know when the CBI will do this. To prove that he sent a letter to the CBI 2 or 3 weeks ago saying, hey, you have to tell us what you guys are doing over there. So, if Maliki knew the date and rate, why would he send a letter asking what the CBI is doing with their monetary policy? That means he doesn’t know. The CBI can explain to them what they are doing, but no one can tell them what to do. So, the problem is right now the market is getting very bad. Believe it or not, there have been some who are committing suicide in Iraq due to the decline of the exchange rate. They killed themselves due to the worsening of the dinar exchange rate. If you are getting 200,000 dinar it’s not even $160 US and they try to go buy something likely food, and they have to give up an extra 30 dinar because there are no lower denominations…this is a lot of pressure on the people, especially the poor. Delta is bringing what is told to the Iraqis on TV. They agree that they have to increase the value of the IQD. Not sure of what or when they are going to do it. But the increase has to come up; lifting the 3 zeros is a totally different thing. The CBI needs no approval and this is going on to show that. The only thing they need is coordination with the GOI. Shabibi has said this, Saleh has said this and even Parliament has asked Maliki to not interfere with the CBI. Shabibi can come out right now and say he’s going to do it right now and no one can say differently. Bluestar asks in conjunction with what has been said here, the question that is out there is, if we get to a certain stage would Shabibi and would this whole situation; two part question; 1) is there in Delta’s mind there any potential with Shabibi not to do this? 2) If that is not the case, if he doesn’t do this, at a certain point the people that are out there will become so infuriated they may be calling for pressure on Shabibi. Where do you see those two scenarios? Shabibi already knows the pressure; he has the education and experience and knows exactly what he is doing. He’ll do it when it is the right time. Don’t think he doesn’t know what’s going on. Delta says good bye and jumps off the call. Frank admonishes Delta with accolades and goes on to clear up some issues that are affecting folks on the forum. Frank says that Delta pretty well told us everything. Frank explains that what Bluestar was trying to ask and was the “opinion” of Ali about the GOI in July taking an internal vote to determine whether or not they should bring in the CBI to be a part of the GOI; in other words so that the GOI could control the CBI. That is dangerous for our investment. The opinion that Frank and his Team do not share; is saying that his information has led him to believe that if they do the vote, if they pass this, that 70 – 80% would vote against allowing the three zeros to be lifted. It is his opinion that the GOI does not want to add value to their currency at that time. This is NOT Frank’s opinion regarding this; Far from it. Frank respects other people’s opinions and to respect it is to make this statement and leave it at that and not allowing it to become an echo on Frank’s forum thread. You cannot imagine the phone calls that have been pouring in. Pose you questions to where the question emanated and leave it at that. Please. Do you believe that Frank believes that the GOI is going to force, by law, the CBI to become a part of the GOI so that they can then control the CBI and the countries monies and not allow them to raise the value of the currency? NO. Do you know why? For example; on yesterday’s thread; it says the National Alliance imposed conditions against Maliki to keep it on the Prime Minister’s seat. What does that mean? Basically this is saying that the most prominent conditions are not to be linked with the Central government and not to allow for interference with the work attempting to be accomplished. This is the government saying guys, leave Shabibi alone and do not interfere with his work. In the same article it states that Maliki has agreed with all conditions. Didn’t Shabibi put conditions on him? And because Maliki has agreed to all these conditions within the last few days; in the coming days we will see renewed confidence in him. Do you now understand why Frank has his opinions and why others have theirs? The CBI is telling the GOI to not mess with Iraq’s money and currency. Don’t even think about it; got it? They did and now the confidence is being renewed in Maliki and Shabibi comes right back out and what does he say? Now that Maliki has his confidence; this is what I want to tell you. I reaffirm; I re-promise that we are going to raise the value of our currency. Wow! This is why Frank cannot agree with certain people. Remember when Frank told us they took a chunk of money and sent it over to the banks in the US. Remember what it was for? Then Frank defended himself when some other person on another forum challenged Frank’s opinion that that wasn’t what the money was for. Another person’s opinion on this other forum claimed that no, that wasn’t what the money is for; Frank is wrong. Frank said really? No he’s not. Call me if you wish. If you dare. Frank’s not going to waste his time. How about an article that comes out today stating what “little S” Saleh comes out to say that their money will be protected again for the last time. What? We are protecting Iraq’s money again? What for??? Money from CBI placed in US banks is a cover for the Iraqi currency. Not subject to being frozen so that it may soon serve its purpose! They last thing the CBI is worried about is the GOI because they are working with the US to protect their monies. You can’t make a change in the constitution just like that. You can’t have Parliament come out and say that the GOI has passed the laws so that the CBI will now all of a sudden become a part of the GOI and be controlled by the GOI. That’s a constitutional amendment. A simple vote is not going to bring that about. There is no stopping Shabibi…GOI…other people’s opinions…Shabibi is making it very clear what he is doing. It’s befuddling that other people interpret Shabibi’s actions…differently; especially the exaggerators. Another thing today we see the son of the Emir of Kuwait, he is going to Kurdistan to solidify investments; this is big because they are being a little by shy about it. Kuwait has set the example for 5 years or more. All they have to do is follow in the same footsteps of the Kurds and they would be so advanced in this. For Kuwait to convince the Kurds to invest in Baghdad because Kuwait is brining over 50 companies to invest in Baghdad. This is good; because we strongly believe that last month on the 15th when Maliki went over and talked with Kuwait, we already told you what he told them. They have a basket full of money. That’s why we don’t hear from Kuwait anymore. In fact they are likely saying GET R DONE! LoL Now if we see the Kurds, because they are basically in control of what goes on in Baghdad, the Kurds are in control; if we see Kuwait convince the Kurds to invest in Baghdad…OH MY! Frank will be VERY happy! But Frank…the articles, even the one today saying this won’t happen until 2013…??? What won’t happen until 2013? The lifting of the three zeros? The introduction of the lower denoms? Or the redenomination of their currency? Hmm. Which is it? Shabibi made it very clear that within the few coming days. That definition… you have to expand it. Over there that doesn’t mean “in a few coming days” like it does here. What’s after days? Weeks. Good. With that said, and with what has happened over the weekend between the GOI and CBI and the CBI being pleased about it; Let us know see if Shabibi comes back out into the lime-light. The ball is in the court of the Parliament, the GOI. Frank recaps the past few months’ actions between GOI and CBI. Now today Maliki’s confidence is renewed, how do they go from hot and cold so quickly? Then Shabibi here’s what happens and says ok, you know what…I reaffirm and re-promise that we are moving forward with revaluing our currency. Don’t worry about that other non-sense. Be careful of whose opinion you rely on. Hey Frank, are you going to invest in Iraq? He already did. He bought Dinar. Are you going to invest in Iraq stock market? Nope. Frank you have a video in your Premium site about it. Are you going to invest in anything else beside the Dinar? No. But Iraq is a new frontier? There are many frontiers here in America, especially in the medical field. But Frank… What? Are you sure? Should we invest back into Iraq? If you want it’s your business. Why don’t you want to invest in Iraq Frank? The last ten years has taken a great toll on Frank waiting for this investment. And he has a team! No, Frank will move on from Iraq post RV. Bluestar wants to clarify with Shabibi. Increased scrutiny with the CBI and where they are with the monetary reform. Is there pressure over Shabibi to get this done or not do this until told to? But knowing what Frank has been saying that if it doesn’t get done the people will rise up and go ape? Is there some external force coercing him to do this or to not do this as there will be consequences? Frank replies; who’s pushing Shabibi…we are, the USA. This is Frank’s opinion…we are working with Shabibi to create the monetary reform which is ending Phase 1(3) and startup Phase 2(4-5), the last phase. No one is pushing Shabibi. Shabibi is pushing the GOI and Maliki because he is standing there waiting to do this. Frank believes they have no idea what they are doing. They are a fledgling democracy. One cannot expect things overnight. It is Frank’s opinion that Shabibi is working with the Authors of the Plan to make sure the monetary reform comes out perfect. To make sure that it comes out perfect is to make sure that the CBI and GOI are in coordination. We are seeing this evidence. Last month we see this literally in headlines. There is great coordination between the two of them now. Now 2nd question…what if he doesn’t do this? Well then it would be because the Authors of the Plan have told him sorry you cannot pull the trigger right now. It’s not the right time. Frank is of great confidence that Shabibi is ready to do this right now. He was ready last year to do it. He has been waiting on the GOI. It is the GOI that is constantly working to get where they need to be. Now Kuwait and the Kurds are happy with Baghdad. They want to see Chapter 7 removed. Bluestar asks is it possible that the GOI is not really the holdup but those heavily vested and it would benefit them to have this done sooner rather than risk jeopardizing this coming to pass. No says Frank. Give Frank ten years and he could fill his coffers just as well. I’m in no hurry to raise the value if I was a government official. If I’m a government official I would blame the CBI is doing something illegal to steal money from the GOI. Bluestar asks that will we reach a day of critical mass within Iraq if something doesn’t change and the proverbial carp hits the fan. Frank says that’s like asking for a date and rate. Bluestar rephrases his question to ask for a potential month or zone or marker point where discontent would be overwhelming. Frank will answer with an update on security. Remember the end of Jan. the 28th Frank was concerned if they didn’t accomplish this by the end of the Muklah Frank would be concerned that the citizens would protest. Around March 14th or 15th updated that May concerned him because there were two requests to protest. But here we are in April and they have been somewhat tolerant. A few things occurred and the Arab Summit went over relatively well. So will next month be of concern? Guess what. We don’t see any requests for protesting. We think the citizens are being careful with how they deal with the GOI because they know they are about to do something special for everyone. The know Shabibi is ready and they are now watching, waiting and counting on the GOI. Last Monday, Frank had the original Delta came on and he gave a report of a contact he had, a translator who would complain how he was not happy with the GOI but all of a sudden he calls his friend and with all he sees on the TV and hears from talking with others he is now happy with his government. He affirms that what he was told by his friend, he says he was right about the value of the currency will go up very soon. Are the people being patient because they here the good new being repeated continually on the TV? The people have learned how to survive on their own terms until the government is ready to support them. They put their hopes in the Central Bank, into Shabibi. He is their hero; and he will be when he restores their pride in their country and in themselves. Memphis asks the latest word from Iraqiya TV. Frank says they are still repeating much about the soon coming rising value of the currency. Not as much as last week over the weekend but still it is repeated a lot. The dynamic is still going strongly just not as strongly as last week. Frank gives a recap of Delta’s report. Frank takes some questions from callers.

Sounds like a question/rumor that Adam will deal with in Chat this week.

You always have the option to post you questions on Monday, and /or looking at the questions. No one is pulling your chain forcing you to make any actions before Monday. So , why, should you care when others start posing their questions. We all live on different time schedules and this may work better for some than others. But it is always a matter of choice---- and the choice is yours.

Adam, another week has past, is there anything new on the horizon for our investment.?

I agree with Bondlady. She speaks with a level head.

Only the passing of time will tell us if these rumors are right or not.

Is "Shabbi" gone or not? If so what does this mean for our investment.

Who is "AC"??? I didn't see any notations indicating this was from someone else...!!!

How can you be so generous with your offer?

So are you saying by posting this that 'everything is on hold" until who knows when.

In one year as to mean we can look for it to happen in 2013. or Beginning soon, and lasting for one year where the Old and ew currencies exist together giving plenty of time for trade in, and /or trade ups.

Good to hear from Bondlady...... thanks for posting it here.

Thanks, been looking for this to be posted.

Sorry to be the carrier of 'bad news' but this belong in the 'off topic' forum not in 'chat logs'. I suppose the 'mods' will move it later, after they regain their composure.

What was spoken about yesterday was verified by articles today. The shutdown over the weekend The majors by the CBI were shut down Seems they have to get their gov’t in order Today, Shabibi attributes the rise in the value of the dollar with the intense political situation. Everything is from yesterday. Shabibi tells the speaker of the GOI. He wants to be hosted and explain something to them. He is explaining the reality of the phase of the monetary policy. Explain and illustrate the 1:1 and the exchange rate Shabibi explains they have not wasted time; they are done with the majors. He now says he wants to speak with the GOI From Iraqyia TV, Delta called, Shabibi has his happy face on. “in the coming days” is now “in the coming “FEW” days!” He has his DONE face on now. He’s telling the people what he was telling the government. Shabibi showing less stress!! The word “urgent” in the article is being said on TV to the people. The meeting with the GOI in the next few days. They could get chapter 7 around the 15th. Frank says we are full circle with Shabibi. We are not under white alert any longer. In 2004 de la rue commissioned. Not ready in 2005. 2006 Shabibi comes out and says we plan to implement the monetary reform to our currency and bring back our value to the 80s and 90s but it will take many steps. There is urgency with Shabibi to explain things to the GOI. He’s showing the plan from the authors plan. This is huge!! This is full circle of the monetary policy. Frank wouldn’t waste his time telling us these things if they were not fully cooked. Shabibi would not waste his time with the GOI. If he’s going to go and shut down everything and explain what is about to occur with their currency… Shabibi gave them a “red line” over there, if you draw a red line, you will not cross this line. This urgency was yesterday, not today. Team is working on calculations of time. “In the coming “few” days” Things are worked out with Maliki. When Maliki went to Shabibi and they passed the law. Maliki asked for money. But he was denied. There is going to be a deterioration of the IQD value. This is urgency. Inflation is our friend!! Historically Iraq’s currency has revalued in April the most! Something is happening family. The GOI knows now...finally. Before the 15th a lot has to happen. Everyone in Iraq is talking about the IQD going up in value everywhere!! Frank and Tink give away donated IQD notes. Frank sings and prays to close the call. Shofar! April 15 sounds like an important day!!!

what is the normal range 1:1 or 3:1 I'll take anything in between.

Why do they want to make it look like everything is falling apart before they launch the RV??? Do they really think this will drive off investors??? Is this what they want or need??? I think not.

Sorry , TexasGranny, I usually try to start the thread over the weekend...... but i was out of touch with my computer and couldn't. I would think usuage would pick up over night or tomorrow... Lot's of interesting things happening ....