WITH IRAQ’S CURRENCY AN INTERNATIONAL DOOR IS OPENED

11-13-2013 Frank26:   TURKI WAS IN GENEVA ASKING FOR BONDS TO SUPPORT HIS COUNTRY. I NEED FOR YOU TO GO WAY BACK…AND RECALL AN IMPORTANT STATEMENT THAT TURKI MADE TO THE WORLD CONCERNING THE CBI. TURKI MADE IT VERY CLEAR THAT AS THEY WOULD APPROACH THE END OF THEIR MONETARY REFORM…THE CBI AUCTIONS WOULD NO LONGER BE REQUIRED. THE CBI BY LAW IN ORDER TO ENTER THE INTERNATIONAL WORLD WOULD HAVE TO STOP THE CBI AUCTIONS. HE SAID THAT ONCE THIS WAS ACCOMPLISHED BONDS WOULD BE ISSUED TO REPLACE THE AUCTIONS.

TURKI DOES CBI AUCTIONS FOR MANY REASONS BUT THE PRIMARY FUNCTION IS TO MAINTAIN AND CONTROL HIGH INFLATIONARY CORE RATES. WITHOUT THE AUCTIONS INFLATION IN IRAQ WOULD SPIRAL OUT OF CONTROL SUFFOCATING ANY ECONOMIC FUTURE GROWTH. SO AS THE BIRTH OF INTERNATIONAL STATUS FOR THE IQD APPROACHES US WE SEE TURKI BUYING BONDS. WHY NOW?

THE CBI AUCTIONS ARE BRINGING IN FUNDS OF APPROXIMATELY 2 MILLION PER DAY. AN INTERNATIONAL LEVEL SHOULD BRING IN BETWEEN 3 TO 4 BILLION PER MONTH. NOW DO YOU SEE WHY TURKI’S REQUEST OF A LITTLE OVER 2 BILLION IN BONDS IS RIDICULOUS? AT 1166 IT’S LUDICRIS. BUT AT A HIGHER RATE THEN THE MATH BECOMES…NEW MATH. AN INTERNATIONAL DOOR IS OPENED WITH IRAQ’S CURRENCY. THE WTO SMILES…YOU SMILE.

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