KTFA Monday Night Conference Call
The first part is Business Promo and the second part is Dinar/Iraq Intel
PLAYBACK # : 641.715.3639, PIN: 156996#
https://www.freeconferencecallhd.com/playback_rudd/?n=OTQCw/ueVAX
Approx. 158 minutes long
Islandg1211: Excellent CC!!! Thank you Frank and Delta.
I wanted add add a few more comments to my post #224 from yesterday’s thread (perhaps bring that forward), that supports the data from the CC.
Link to Islandg1211 post
IMO, the policy on Iraq changed last Fall, evidenced by the US and the IMF becoming committed to the Monetary Reform and to ridding Iraq of ISIS. The IMF and the CBI agreed on a plan that is the LOI, including the re-structuring of the banks, and the stopping of the Multiple Currency Practice.
This past few days, IMO, there has been an adjustment in strategy. A stragegy that has changed from, “What comes first, the Chicken or the Egg?” What comes first, the stopping of the Multiple Currency or the RV?
Well, trying to get the MCP to stop first was a strategy that didn’t work. So, the strategy, IMO, has shifted to “What comes first the MCP ending or the RV?” The RV. Frank is saying exactly the same thing.
Along the same lines, “What comes first, the Reforms and then the RV and then getting rid of Maliki and company?” Again, that hasn’t quite worked. So, we now have a dead Minister.
We may have more and more arrests and the RV before the political reforms take hold.
IMO, there has been adjustment in strategy to go ahead and RV Iraq. That, in and of itself, will bring change in the GOI. Namely, they are going to have to pass the HCL.
My take on the Swiss printing machines, in addition to Delta’s comments, is that it’s very significant that the IMF and US and UNSC are allowing Iraq to print their own money.
Remember, when the UNSC released Iraq from sanctions? They did not release Iraq of the requirement to be Article VIII compliant. The U.S. printed Iraq’s new money, and also the new lower denoms.
In fact, according to Frank the U.S. has had complete possession of the new lower denoms. Why? Iraq wasn’t really soveriegn with their money, and wouldn’t be until the IMF approved their Article VIII compliance. So, the CBI having their own plates and printing machines implies that they are soveriegn with their currency and the U.S. has passed the mantle on to them – with the supervision of the IMF.
As I have repeatedly posted, IMO there was not going to be any RV until April 2016.
I continue to believe that the BIS and then the IMF approved it April 28th and we are in the 30 day window.
IMO, the IMF may prefer a Thursday at the end of the month, particularly before a holiday weekend.
