More News, Rumors and Opinions Tuesday PM 10-1-2024

Ariel : ๐™’๐™š๐™ก๐™˜๐™ค๐™ข๐™š ๐™๐™ค ๐™”๐™ค๐™ช๐™ง ๐™‰๐™š๐™ฌ ๐™‚๐™ค๐™ก๐™™๐™š๐™ฃ ๐˜ผ๐™œ๐™š: ๐˜ผ ๐™๐™š๐™–๐™ก๐™ž๐™ฉ๐™ฎ ๐˜ฝ๐™–๐™จ๐™š๐™™ ๐™Š๐™ฃ ๐™๐™š๐™–๐™ก ๐˜ผ๐™จ๐™จ๐™š๐™ฉ๐™จ

In the traditional system, investing in gold and silver often requires significant capital. With tokenization, individuals can own fractions of these precious metals, making it accessible to a broader range of investors, not just those with large portfolios. This democratizes the ownership of real assets, creating more financial inclusion for everyday citizens.

Unlike fiat money, which is subject to inflation and can be printed at will, gold and silver have intrinsic value due to their scarcity and long-standing historical importance as stores of wealth. Tokenizing these metals on a decentralized ledger gives people the chance to own assets backed by tangible, real-world value, providing a hedge against economic instability and the erosion of purchasing power.

And you telling me we are not about to have the most historic October we ever had to date? How when it had already started?

Stephanie Star:  Meld Gold confirms first transaction on mainnet went through on 9/29 regarding the tokenization of gold on XRPL with more to roll out through October #XRPCommunity #XRPArmy #XRPL

October 1st
Boom
Boom
Boom

Source(s):
https://x.com/Prolotario1/status/1840924692380586074
https://x.com/Prolotario1/status/1840933047539032289

https://dinarchronicles.com/2024/10/01/ariel-prolotario1-welcome-to-the-new-golden-age-a-reality-based-on-real-assets/

************          

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  In the last week or so...there's probably five or six articles specifically talking about removing zeros from the Iraqi dinar... Quote:  "...this is done by removing a specific number of zeros from the nominal value of the currency."  From the value of the currency not the currency notes but the value of the currency...

Frank26   They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now.  That is very exciting.  These are the words we've only dreamed about in the last 5 years.  To see them almost every day is rather shocking but very exciting right now...This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.

************

Fed To โ€˜Kickstartโ€™ Inflation, Next Crash Will Make August Look Like 'Dip' | Gareth Soloway

David Lin:  9-30-2024

Gareth Soloway, Chief Market Strategist of Verified Investing.com, discusses the Fed's latest rate cut, and its impact on inflation, economic growth, and markets. Soloway updates his outlook on stocks, gold, Bitcoin.

0:00 - Intro

0:40 - Market recap

2:10 - Declining corporate cash balance

6:06 - Financials sector

11:38 - Defensive sectors outperforming

16:30 - Fed monetary policy outlook

21:00 - Inflation outlook

 23:20 - Gold

26:30 - โ€œNo landingโ€ scenario

 27:55 - S&P 500 outlook

 29:30 - Hedging strategies

31:30 - China stimulus and stocks

35:20 - Bitcoin outlook

https://www.youtube.com/watch?v=LnMg-PxfFI4

Previous
Previous

30 Seconds To Midnight: THE FED JUST WENT BANKRUPT | Mike Maloney

Next
Next

Iraq News Highlights and Points To Ponder Tuesday Afternoon 10-1-24