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6-8-2011 Frank’s Intel Update TAKEN FROM ANOTHER SITE

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6-8-2011 Frank’s Intel Update TAKEN FROM ANOTHER SITE Empty 6-8-2011 Frank’s Intel Update TAKEN FROM ANOTHER SITE

Post by Rooster Wed Jun 08, 2011 10:17 pm

6-8-2011 Frank’s Intel Update TAKEN FROM ANOTHER SITE

By: DebTarHeelGirl

Delta speaks Saw articles of Maliki have live meeting with staff yesterday and today and one every day for next 2-3 days= we are shocked on Oil minister said that the oil was in last avg 5 months 34 billion dollars for last 5 months then on TV they said it was 34 billion dinar…

2 spoke on ATM machines in Iraq

Islamic Bank about the Bank states that June 5th have 2 state own banks there – 42 million dollars designated to the 2 banks from budget of Iraq – they will start doing this by June 30th and the article said 2 weeks – that’s 19 days… the 42 million from budget indicates the budget has to be activated to do that and the rate has to come out to do this…

Per Delta on Frank’s call NOW – The Audit of Ernst and Young says $.85 up to $1.30 is the rate they are recommending for the RV Rate - Delta states it will NEVER start over $3.00 he will bet all his dinars on this fact 100% it will not support past $1.30 at all….will not be over $3.00 again PERIOD – Frank asks Delta do you feel as I do that it will only be a matter of months that it shoots up to the $3.00 range – Delta says possibly but the IMF is definitely in charge of the monetary policy – the only way to come up to $3.00 is to give us a 60-90 day time limit to cash out but they will NOT do that as both currencies have to co-exist…Plan is to co-exist together both denoms with NO time limit… so no high CBI rate… will take 2 years to replace the lower denoms with the higher denoms per Shabibi’s articles – Delta will go into more detail on Frank’s Thursday night’s Intel Call….

The people and citizens of Iraq know the rate is going to be $.85 and they do have the power to go up to $1.30 per the Ernst and Young to the CBI – Frank feels this will only take a few months for this rate to grow much higher – Delta says I am sorry but this is the highest of high officials reporting this I personally want to see $3.00 and Frank says that OH WE WILL See a high rate but not for long after the initial RV – it will go up fast in value…

The GOI has their own dinars also – their dinar notes are owned by the CBI – when they revalue the dinar the GOI’s dinar will revalue too so one to one – they will still use this as needed.

Kuwait’s RV can’t be compared to this RV – the citizens devalued their currency not the Bank or Gov did that…

The GOI old financial minister of Iraq- back 2 years go – he interviewed then he stated that the CBI was asked to revalue NO LESS than $1.01 at that time… now ask why the financial minister didn’t say revalue at $3.00 = BECAUSE THE COUNTRY CAN’T SUPPORT THAT so says Delta – CBI does not own the oil – only the reserves – GOI owns the Oil… they are asking the World Bank to lend the $150 million dinars – CBI only has the reserves –

The rumors of $4 or $5 this will never happen period –Frank says I started at $3.86 at an RV rate – and but the RI, Frank says the reinstatement of $3.22 is where I still stand but I have to say I have to study your new findings – we all need to chew on the bone of this as this inner intel is like so fresh and I need to study this and will tell the family more on the call tomorrow night….
June 30th DFI funds will be sent to the USA in accounts and the UNSC says they will transfer this money in these accounts by June 30th… So we can protect them is why….

George is for Friday June 10th Frank is for June 30th – Darline says I AM FOR NOW!!

The revaluation will never happen on a weekend says Delta – Friday Saturday it will never happen – their different days are different than ours…….

END OF CALL – more tomorrow night Thursday for Intel Update.
Rooster
Rooster

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Join date : 2011-04-16

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