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Frank26 Monday Night CC Notes - 10/15/2013


ronscarpa
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Hi Everyone....Just thought I'd bring this over, since there are many D.Vets who are curious about what Frank thinks, or what he has to say. I'm only posting this here to keep our members informed...Please don't shoot the messenger...Thanks - RON   :tiphat: PS: If you don't like Frank, please don't read this, then trash me for his opinions...LOL

Frank26  Monday Night CC Notes - 10/15/2013

 

 
• Nova observed that it’s very interesting that people who went thru the KWD RI during the Clinton administration have been brought back at this time, and they are likely a part of the GCR team, 

however the bigger picture is that the top 20 countries of the world monetary reform managers, central bankers financial leaders and nation leaders were all invited and have converged on Wash DC last week

• Frank observed that it seems odd that our govt is shut down rather shouting and bragging about this great meeting

• Nova stated that in his opinion, whenever the final items are checked off and complete, the AoP will flip the switch, no matter what day it is or what time it is; 

history may lead one to conclude that certain days or time of day is prime to see an announcement, but in his opinion, the GCR can be done any day at any time; 

while we are studying all we can about this investment, in his opinion, we should not get hung up on one specific item and say when that item is done, the RV must occur; it’s more nuanced than that, and ultimately we do not know what all is on the checklist to be done

• Nova asked an associate who deals with the Chinese concerning cyber attacks/hacking, and he asked his friend if we know the Chinese are breaking into our system and they know we are breaking into theirs, what do we do? 

His friend replied that they try to put out misinformation and false leads to keep the Chinese running in circles – Nova believes this applied to the GCR as well, 

there is a purposeful campaign of disinformation; when we receive intel from a source that does not happen as laid out, it’s not that the source is being deceitful, 

it’s that they only know what they have been told, and those at the top are purposefully circulating misinformation;

 in Nova’s opinion, the key is to watch what they DO more so that what they say – example of Jack Lew going to O for his signature on the law that is over 100 years old that allows the USA to do business in foreign currency; Nova believes this is very significant in his opinion; 

what we do not know is how much more needs to be done, but this allows for the UST for the first time to allow the US to deal in currency other than the USD

• Does this directly mean that the IQD is going to RV? No, not directly, but look at all of the things that have happened since June 27 – 

it paints a picture that something much bigger is going on which in KTFA we refer to as the GCR (this is not an official term, but what we are dubbing it at KTFA); 

we now have an agreement to business together in foreign currencies, and currency swap – no longer necessary for other nations to exchange first into USD, they can trade in their own currencies directly; so what does this mean?

• The same people that control the European central banks also control the Federal Reserve, and they are allowing or entering into an agreement with the Chinese – why? 

Then couple that with the govt shut down and Lew implementing a 100 year old law – put it all together and in Nova’s opinion, we are watching the most significant shift in currency power in the world, 

and a part of the shift in power will include the IQD RV and RV of other currencies; in Nova’s opinion we will look back one day and realize the complexity of all that happened, and that our investment was only a small part of it

• Along this same track, how can we say there have been delays? Who knows what is on the checklist, what has been done and what is left to do? 

No one but those directly involved and managing the plan know that, so we cannot talk of delays because we don’t know what is left to do; some of the smartest people in the world are working on shifting global economics

• There are many countries teetering on the brink of financial collapse: Japan, China, Russia, EU -- some of these problems make the USA’s problems look small; 

if the USD collapsed tomorrow, Japan would collapse and Asia follows; the USD has lost over 3 ½ % over the last 3 months, has anyone felt it? 

This is an economic balancing act of unbelievable proportion 

• Frank asked Nova who showed up in DC for this top 20 country meeting? Nova replied there are a couple of interesting meetings per year, Jackson Hole and the G20, but what is really interesting are some fringe meetings – PIMCO wealth management, BoA, WF, Merril Lynch, Chase – 

it was not just a gathering of govt guys getting together, it included financial institutions, and Turki was invited to come

• Who attended can be found in Bloomberg, but what is so interesting is what has transpired, the group that attended and then the shut down of the US govt?? something of global proportion is happening

• Jamie Dimon’s “retirement” was not anticipated, but the fines they have to pay are inconsequential to Chase

• The things the UST can do during the partial shut down and O’s signature on implementing the 100 yr old currency law are things that could NOT happen if the US govt was up and running! 

In Nova’s opinion, at the end of the day, no one wants any nation to collapse, so they are trying to rebalance the world’s currencies and level the playing field, then it’s each country for themselves –

 if we don’t fix our problems, then we will go down but it will not trigger collapse in other nations, the impact will be less than it would now – the same with other nations, if they go down, it will not jolt global finances as it would today;

included in this was the 5 day banking shut down in Panama, this is another telling piece of the puzzle, in his opinion it was purposeful and planned

• Frank stated that I Team reported last week on a “spread” in the ME, but it’s not the same as what we are familiar with; Frank said when we make agreements for currency swap, the question is at what rate?

• Nova stated we don’t know what the deals are between the various countries and central banks, and in Nova’s opinion we likely will never know the details – it is not something that is talked about, it’s no one’s business, and he’s skeptical of anyone claiming to know; 

Nova said if we who are invested in the IQD are able to take $1000 and turn it into $1,000,000 or $3,000,000 or whatever the rate is, why do we care what anyone else makes?? 

What business is it of ours?? Why should we care how much WF makes?? How is that any of our business?? We shouldn’t care, and it’s none of our business; in Nova’s opinion, 

what I Team heard about the spread was likely talk between themselves of excitement over the deal they made for themselves; these people, the central banks need to make more money than we do or it does not work

• Nova stated the press release announcing Turki was coming to DC was interesting because it said Turki and a delegation were coming; Frank interjected that I Team believe the CBI board has gone to DC because they do not see them in Iraq at this time

• Frank believes the shut down of the US govt is to hide this meeting, and said we shout at Iraq to reform their currency, don’t use the USD, follow article 8, etc; 

Frank asked Nova if with our govt shut down, is the USA article 8 compliant? Nova replied that with the govt shut down, we can do things and push things thru that we could not if the govt was running, 

so with the govt shut down, the UST can do what it needs to do and remain article 8 compliant, but we would not be article 8 compliant if the govt was open and running

• Frank said M has now been invited to DC, but he’s the last one invited

• Nova said there are so many things happening now; Nova stated that the CBI and the ISX have never closed down for a week during a holiday; 

Nova said people are taking one little thing like a holiday or bank closure and then when it reopens and there’s no rate, everyone is depressed – we cannot do that because we don’t know what’s on the checklist –

 but all the things that are happening globally is evidence that something is huge is going on, and we should just sit back and watch it unfold, and one day we will sit back and say “wow”

• Frank asked if there is also orchestration going on for a soft landing for the USD? Nova replied there are 3 camps – the “oblivious” that believe the USD will not change, life goes on; 

another camp that believes the USD will be crushed and martial law enacted; and a third camp that sees this as an orchestration of a shift in the currency power of the world, but not necessarily to 1 country, more of a balancing

• Frank asked if we can tell China to go jump in the lake? Nova replied we don’t want to do that – we want to have a few currencies in the world with equitable trade, with health and strength so that no one currency in the world can take down the entire global economy; after this if we don’t fix our problems, we will go down, but we won’t take the world with us

• Frank asked if it the FedRes or UST that’s more involved? Nova’s opinion is that both are involved; Frank’s opinion is that the FedRes and UST will slowly merge into one;

 Frank asked about whose signatures are required on the agreements now being signed? Nova stated again that in our emergency state of govt shut down, we can do things we could not do otherwise and remain article 8 compliant 

• Nova stated that from the time that Shabibi was at the Jackson Hole meetings, the Chinese RMB was agreed as a “support currency;” what does that mean? 

Central banks around the world will hold RMB as a reserve to their balance sheets; now with the G20 meetings, we have Turki and Iraq coming in, this is significant; in Nova’s opinion, we need a handful of support or reserve currencies to assure that if any country fails, the impact will be limited 

• Frank said he is praying for a soft landing of the USD; Nova said in his opinion, too many people are putting too much weight on our UST and that we’re waiting on the UST to pull the trigger – 

if we buy into the term of GCR (and Nova stated he does not buy into that term), but this is a world event, so we need to take a step back and say who is controlling it, and ask is the UST doing the things it needs to do for this world event? 

In Nova’s opinion, this is what we are seeing with Jack Lew, the govt shut down and the implementation of the 100 yr old law allowing the US to do business in foreign currency – in his opinion, we are seeing the UST do its part in this world event for whomever is in control

• Nova stated the people that control the central banks of Europe also control the central banks of Iraq, Kuwait, Libya, Japan and USA – do we really think they want any of these countries to collapse?

• Frank said all the evidence points to something happening on a global scale

Bluestar came on the call at this point

• In Bluestar’s opinion what is going on in DC is “very bad theatre” and what we’re seeing happen now was decided/planned about 6 months ago, in his opinion; Bluestar’s opinion is that on Tues morning, the House will send a bill to the Senate, and the Senate will approve on Wednesday and govt reopen on Thursday

• Nova agrees that in his opinion this whole show has been planned out for some time; Nova agrees there will be a balancing of world currencies, only the term “GCR, global currency reset” is a term that has been developed in the dinar world, it’s not referred to as such by the IMF or AoP

• Frank’s opinion is that whomever controls the debt of a nation or of a person, holds the power; Bluestar agreed that the PTB love to see Americans dependent on entitlements (food stamps, welfare) because it enslaves the people and puts them under the govt control

• Nova stated that the USA is not the only nation in deep debt, the world is broke, China is very deeply in debt, and due to their media control, most are not aware of how serious it really is, China is broke; the only way that the people at the top, the AoP is going to continue to reap the interest is to rebalance the world’s currencies; 

if any country goes down now, we all go down – all nations owe their soul to the same bank, to the same people at the top of the pyramid, and the only way they continue to generate wealth and hold control is to rebalance all the world’s currencies

• Frank observed that in his opinion, banks only care about how much debt they can load people with so they can take as much as possible; Bluestar stated again all that’s going on in DC is contrived theatre, remember that only 15% of the US govt is shut down, not the entire govt, so this is more about show than substance

• Nova and Bluestar both agree in their opinions all of the world’s currencies will be rebalanced or reset at once – the switch will be flipped and all will revalue up or down, the question is when and how much (date and rate), and that is unknown; 

Nova stated in his opinion we don’t know if all 198 global currencies will revalue or not – if the Columbian Peso does not RV, who cares?? If some small nation in Africa does not RV, who cares??

 Frank stated that even if a nation’s currency does not revalue, they will be supported and strengthened by those that do

• Nova asked if anyone has noticed or asked the question how did the govt have signs up stating closure due to debt ceiling/sequestration within 24 hours of the event?? It appears it was planned and they were ready for it to happen

• Bluestar believes there will be resolution to the debt on Wednesday, and in his opinion, anytime thereafter is most interesting; he believes the deal is already brokered whether the GCR happens right away or next month or into next year

• Frank said his current timeframe of study is through Oct 18

• Nova commented that he is not in any way stating that the currency reset is happening at this time (no one knows the date!), and things in the financial world change very quickly, but we brought all of these people here last week (the top 20 nations plus Turki and delegation from Iraq), and so if this gets pushed out 30 days, we will need to bring everyone back; again, 

Nova stated he does not know if we will see it Wed/Thurs, but in his opinion, if it’s pushed out another 30 days, all these leaders will need to come back again

Frank ended the call with prayer, and Andy lifted the prayer with the shofar horn blast
Edited by ronscarpa
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