opic: Frank CC 6/20/11 Part 2 Post Reply Forum Home > FRANK > Frank CC 6/20/11 Part 2 sunbeam Member Posts: 125 ON Iraq TV today- Shabibi spoke and Maliki and both came out and said things with happiness and fellowship to each other – to the people –

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opic: Frank CC 6/20/11 Part 2

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sunbeam
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ON Iraq TV today- Shabibi spoke and Maliki and both came out and said things with happiness and fellowship to each other – to the people – and today Shabibi spoke after Maliki and he said things about the currency – EF Hutton style – and when he speaks of anything they listen – and he said they are finalizing the lifting of the 3 zeros… Frank says come on, Shabibi is like a politician but it is done already… he said he would increase the rate of the currency The LOI letter M sent to the UN and asked about paying Japan back and the Iraq Forex started training people today. Darline The article should come out where Shabibi and M and it may be recycled as they are not ready to give us new information. They have decided to remove the 3 zeros completion near done and we are now presenting to House of Reps. They are telling us its going back before Parliament so they can pass the laws we need.
Shabibi went on to say on TV that explaining to the citizens that the currency will have a gradual increase and spoke on the $.86 to $1.30 – we bring you everything folks and we can’t guarantee things we say but we repeat what Shabibi says – The appraisal comes back from Ernst and Young through the IMF rate should be $1.30 and Shabibi spoke of this today that the CBI is about to finish raising the 3 zeros project strategic and submitted to parliament if it is complete.
Frank states that Shabibi came out today and said on TV about the $.86 to $1.30 that the currency will have a gradual increase and the lifting of 3 zeros would be part of this – He said that the currency value from the 70s and 80s would occur in 2013…
Frank says I am still at $3.86 no matter what but I can’t be dogmented and I have to give you what my team has and we slowly have been telling you that its highly possible this lower rate can be the real rate – we have to share this with you… He said that the currency value from the 70s and 80s would occur in 2013… SO if it does come out – then it would only take a few months for the value to rise 3-6 months to be driven up to the $3+ range – this law about precious metals is in a small way that it is somewhat directed to us. IF it does come out it will double by the end of the year – and lets look at 2012 at least in the $2 range.
IN 2006 for the first time Shabibi said We strive to bring the currency back to the value of the 70 abd 80s and it’s a long process and will take steps to accomplish and 6years later now those are long steps Shabibi – Frank says that we are to praise GOD and that Shabibi is talking about raising this value which can only be a good thing and to have him say after this increase raises to our level in 2013 – its only his opinion says Frank- its not his opinion it will come out at a higher rate now – 3 months ago in Washington DC Shabibi said ahhhhhhhhhhhh so Frank says I am not disappointed one bit about what he has said….
Obama and Bush fighting over who gets the credit… Texas tell him Ohio tell him somebody tell him DC all of you tell him – I am not saying he is holding this up but O wants to use this money of this blessing in the same manner as the Clinton campaign used it…
Next – discuss $5.25 and how many were paid out and why have we not heard about this anymore? Frank said this rate might actually be the GBP rate of $3.86 and Frank’s math was incorrect he did it backwards… my dear friend in Iraq said he had cashed out at that rate – we have found NO ONE else no who were cashing out – we are hearing rumors that they are cashing out in the political structure – but how can we prove this? Is someone really going to tell you they did? IF these rumors are true then praise GOD cause we are next. The only one I have is the one I told you about…
Why are the dealers still selling – when they should hold on to their dinars – the dealers already since back in 2004 have invested a lot and their profits were purchase and in the mean time a business was born caused selling dinars due to the supply and demand…
The Inflation rate stated is 7.3%
http/currencynewshound.wordpress.com/ ... es-to-7-3/
45% inflation rate increase in one month?
Frank feels it’s not this rate - but if it is true the core inflation rate for June is going to be almost 11% or higher on these calculations? DO you understand they have to raise the value of the currency ASAP ??
That core is like a virus In July it would be 15% or higher
Delta said Islamic Banks were to do something on the 19th but we heard nothing – but they are trying to connect banks in ME – and they have to go international to give loans..
Today 1st time Shabibi an Maliki was live on TV that he did report on TV about the money laundering – they don’t want the money to end up in Wrong hands- then Shabibi said today that rate will be $.86 up to $1.30 – and former financial minister of Iraq spoke in 2006 on starting the IMF WB and the CBI said ever dollar would be 1.2 dinars – it will take us 2 years to replace the old notes with new notes to not confuse their own people so they can be phased out…
Delta just announced that Shabibi said today on IRAQ TV he will revalue the currency by June 30th if not before for SURE and he did say $.86 up to $1.30 with a gradual increase up to the 1970's and 1980's rate by the year 2013. They do not have enough money to support a higher rate than this so said Shabibi today on Iraq TV.
SHABIBI said a gradual increase and he did say that it will happen in the month of JUNE.
Iraq they are ready letter to UNSC that they are done and ready to move to Chapter 8 and the 22nd and 23rd they need to do this and no later than June 30th- and they have to use the IQD and only one currency. As soon as they qualify for Chapter 8 they can’t use the dollar there to buy and sell. Shabibi said there is not enough money to support an RI past the $.86. It’s still they have to revert back in 2013 they will go back up to $3.44 and in 2015 it’s possible that this would be worth $5 range – Kuwait is now about $3.61. Kuwait will join the GCC and we all know we already agreed the fixed rate is $2.50 to $2.65 and Iraq will join the GCC then when in 2013 they will have a rate of $3.60+… If Iraq wants to join the GCC for any reason for every person having dinars will get about 1.5 to 2 new GCC currency.
Delta says the inflation is about 8%+ numbers are not right and therefore they HAVE TO DO THIS RI- NOW ‘
The IMF will receive the confirmation and then announce the RI – they are hooked up with Basel and BIS and it will show first on the CBI then all over. All indications shows that they are doing this now – he needs security to do this.
On the 29th to the 10th of June we know what was going on – we will say that it make sense now at least for those that have been telling us including those that said they cashed out - maybe this was true for during that date.
Delta says the $5.25 rate is not real. Darline says Delta your rate of $1.30 or $.86 cents – the Iraq rate will be different as USD as it will be on GBP Delta says NO – Darline says she is not saying $5.12 but regardless what Iraq RV s at – our Dollars are on a different level as the GBP is on a different level compared to the dollar and the IQD…NO says Delta
Darline says if that is true and if it were $1 – most people will put un-cashed dinar into a foreign asset account the Dodd Frank bill spoke of digital currency and it may be a horrible wrong idea to do this now – so better do some research on this type of deposit…
Frank said I go away from getting and getting out quick…but not so sure now
ISX Stock market wants to go global any day articles stated today… so they have to revalue now. They can’t pay their debts anymore and can’t afford a high rate = these high rates going around will not be true.
They owe Kuwait 21 billion dollars and they only have 165 billion dollars and this money that they release will be to support the dinar if they take this out now from this balance.
Shabibi does not lie – he never has lied to his people and he told them the value will be raised on the currency THIS MONTH, and Delta states no later than the 28th. Shabibi goes to Rome on the 23rd to speak to banks about currency….
They do not need parliament to approve the raising of the value… Shabibi said that that Iraq economy will kick in on July 1st…
On the 22nd this could be the day – IMF sent letter to the CBI….Shabibi will be in Rome on the 23rd and something will happen…
Skyhawk makes a statement from the forum:
THE IQD ROCKET IS READY TO ROCK FRANK
FRANK AND DELTA
THE 86 CENTS WHICH WILL BE ABOUT $1.17, IS ACTUALLY A BOOK VALUE OF THE DINAR.........THIS ROCKET WILL LIGHT AND PURE SPECULATION GREEED WILL TAKE OVER.
IT WILL TAKE OVER IN THE CURRENCY
IT WILL TAKE OVER IN THE ISX
WE ARE NOT EVEN TOUCHING THE SPECULATIVE NATURE OF THE MARKET. WE ARE PURELY LOOKING AT BOOK NUMBERS FOR VALUE......SPECULATION WILL MAKE THEM RV THIS THING ON A MONTHLY BASIS TO AVOID THE 2% LIMITATION OF INCREASE.
HANG ON FRANK, TO THE MOON ALICE.
Frank said 2 revaluations In 2 years will happen – Delta says that its not going to be $1.17 at all its going to be 1 dinars and 17 fills = to $.86 in USD…. It will come out as a managed float – they will not let it go high – it will be fixed and the whales and sharks cannot eat Iraq and if you go to the bank foreign bank there is a maximum you can buy is $3,000 worth – when the $.86 comes out you won’t be able to buy $1.0million dollars worth so the whales and sharks can’t buy… it will take 2 years and when banks show the $.86 rate if I am a rich man I can’t buy more than 3,000 more dinars… it’s the most you can buy per day… they have a cap limit its fixed…. All investors will jump to Iraq to invest in the country and that will be supply and demand and it will take 2 years…
1% of US citizens hold dinars – those people cashing in will be about 90% of those holders. Most will not hold it – THIS RV IS NOT FOR YOU AND ME ITS FOR THE COUNTRY BENEFIT.
You can keep the larger notes forever there is not time table – they will be legal tender they will need it so you can hold on it for as long as you want…cancelling the larger notes will hurt the country so there is no limitations as they will co-exist together.
This currency will explode fast says Frank- faster than forecasted….Delta feels this may be on the 22nd… Shabibi to say this today and they are out of Chapter 7 and Kuwait announced to invest in Iraq – lots going on – it’s a done deal – Kuwait is happy we need to be happy too!
Global Settlements states Delta that letter stats that the Pres is the hold up of the RV he is NOT but the revalue is DONE but he needs more taxes on those cashing out here in the US,
Je’sus says this may be out last pre-blessing conference call - Frank says we will call it BC and AD conference call - Before Cash and After the Dinar.
Frank is definitely doing the SNOOPY dance - we have been waiting so long to hear Shabibi say HE WOULD REVALUE - we are there folks we are there...
9.999 is Franks meter now!
End of Call
June 20, 2011 at 10:41 PM