If I were you I would fast forward to around the 23 minute mark. This is where Delta takes over and gives his info. I trust Delta specifically and I like to listen to him.
REPLAY LINK
Frank’s CC Featuring Delta 8.29.11
Frank gives some quick instructions to Delta prior to the call to release all info he wants but to make sure he explains what he gives to us.
Frank explains his mistake with saying fils today instead of coins.
Post 137 from yesterday 8.28.11– Sandman – did a wonderful job of breaking down the CBI article – it should help our confusion; go back and read says Frank.
Only 2 banks left to fulfill Shabibi’s direction to them to have a certain amount by 2013, if I caught that right. This is HUGE Frank says!! He says they are getting this done fast! They have until 2013 to get this done. They are moving so fast.
FDIC coverage coming to Frank’s broker. Frank says this also is huge! It is a break in pattern!
Kim Clement – coming in Sept.
Frank speaks about his new focus with his website.
Frank talks about his broker – something going on with lower denominations – his sources see the lower denoms – they know they are in ATM machines in and out of green zone – Lower denoms are out of crates – in the right areas – in banks – they found out they are destroying the 50 dinar notes. Delta has already affirmed this would occur.
The old currency is being sucked back in - all the last remaining triple-zero dinars through a process. – CBI knows each bank that has certain dinar at their banks. The 50 dinar is the only dinar the Iraqis use now. So, these are being sucked back in and being replaced by coins. The next step SHOULD be the 250 dinar to disappear. Look for this as we don’t know yet when this would occur. But it’s a step in the right direction for our investment. The plan of the Al-Hirita! ; The monetary policy.
Frank explains about his broker has to up the price of dinar as the price from Iraq is going up. Frank explains that THIS is coming! WE don’t know the rate or when it will happen in the still of the night.
Frank talks about his site – speaks about the $15 for the media player for Thursday thru Sunday Intel and special investment info.
Frank Aloha’s the family and leaves call.
Delta gives his Intel
Delta speaks of his CBI contact – on the CBI site there are the CBI auctions – the cash portion – the auctions – 12 million today – they are trying to replace their currency behind closed doors without anyone seeing – confidential – classified – Delta’s contact affirms this!
Quarter and a half dollar coming – both old and new currency will co-exist!! This will go on until the triple-zero currency is replaced - NO TIME LIMIT with exchanging in what we dinar holders have in our possession – we likely have 2 – 3 years to cash in!!
Delta talks about how high the Iraq inflation is right now – 7.5 – 8 % - because everything is imported – 6% interest rates currently – CBI can raise interest rate (but they likely won’t because it’s in a good range) or re-value the currency!
HUGE news about the HCL passing! – Not yet approved – going to parliament for approval now!
Official holiday in Iraq tomorrow will come back next week around the 4 - 6th of Sept.
Delta explains how THIS WILL NOT LOP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THE REVALUE HAS TO HAPPEN!!!!!!!!!!!!!!!!!!!
Delta talk of his CBI contact – His contact TALKED WITH SHABIBI prior to Shabibi’s trip to the US – asked about the Lower Denominations! Shababi, hopes to God, after the holiday! This MEANS SEPTEMBER THEY ARE LIKELY TO PULL THE TRIGGER!!!! WHOO! HOO!
The article of Saleh about the RED LINE – THEY ARE HIGHLY CONCERNED – THEY KNOW THEY MUST DO THIS – Their backs are against the wall – Nothing left to do but pull the trigger – They are running out of money to work with and now they are beginning to replace the old currency.
June 23 they began working to remove the triple 0s – it started deep within their banking systems and now the process has come to slowly releasing the lower denominations.
Delta explains about the article from a few weeks ago about the dinar 1200:1 dollar. We may see a rate of $.85 to $1.20 initially.
Old andNew dinar to co-exist – help and coordination from the Gov’t to lift the 3 zeros in a discrete manner.
Bluestar – comes on call – speaks of a source he has who posted some info on FSA – wasn’t clear about this – Bluestar poses question to Delta about the timeline Delta thinks that the revaluation will come out and work into the future.
Delta we should be SO VERY HAPPY because of the NO TIME FRAME TO EXCHANGE; because both old and new dinar will co-exist!
Delta says it might be 2012 or 2013 for further revalue of Iraqi currency – but likely to happen faster due to demand on the currency from investment in Iraq.
Delta takes questions
Je’sus mentions a question from forum
Delta says THEY HAVE TO DO SOMETHING NOW! Inflation is becoming a problem
Caller poses question about having lower-denom and being able to cash these in or not. Delta says EVERYTHING WILL BE HONORED!!!! Breathe easy everyone! ALL DINAR WILL BE EXCHANGEABLE for new rate or exchange!
Sept. 8 Shabibi will reveal what they know they have in the ground – their oil reserves and speak of investments in Iraq.
Jerry prays and Delta and Je’sus end call and give an ALOOOOOOOOOOOOOOOOOOOOOOOOOOOOOHA!
