Goldilocks "Banking and Markets Updates" Tuesday 4-18-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted comments and links this morning.
The Big Banks are benefiting in the current market while Small Banks and Midsize Banks are consolidating.
The housing market continues to be an issue. The number of multifamily units have grown considerably during the pandemic.
And, the issue of raising the interest rates at the next FOMC meeting is still in debate
© Goldilocks
"NSE India to Launch WTI Crude Oil, Natural Gas Futures"
India is expanding their stock market by adding WTI Crude Oil and Natural Gas futures on their Stock Exchange.
As with Iraq, this will expand the use of the Rupee creating demand on the International Stage.
This demand will raise the value of their currency and the currencies that trade with them.
© Goldilocks
https://www.regulationasia.com/nse-india-to-launch-wti-crude-oil-natural-gas-futures/
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In the UK, we have other resets and reorganizations of the financial system taking place.
Central counterparty clearing houses (CCPs) play an important role in efficiently reallocating counterparty credit risks and liquidity risks in financial markets.
The Bank of England and the Commodities Futures Trading Commission are strengthening their ties through the cooperation on CCPs.
There is a clear level of supervision and connections taking place in banking systems around the world to turn our markets into a digital asset-based trading system.
The standardization of these Market changes will become solidified as a fixed weight of gold is measured in every transaction securing both sides of a trade.
© Goldilocks
https://www.regulationasia.com/boe-cftc-strengthen-supervisory-cooperation-on-ccps/
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It is becoming increasingly clear that the future's markets around the world are being reset.
Bitcoin and Ethereum are offering expiry options with the support of the CME markets that wasn't currently in place until now.
These virtual assets support many of the stocks inside NASDAQ and S&P 500.
The Chicago Mercantile Exchange (CME) is an organized exchange for the trading of futures and options.
© Goldilocks
https://www.regulationasia.com/cme-to-offer-additional-btc-eth-options-expiries/
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Knox Wire Announces the Launch of Trustless Gold-Backed Currency | News Direct
"These trusts will be in centralized locations in North America, Europe and Asia. They ensure that no entity is solely reliant on Knox Wire, a potentially vulnerable financial system, or any single company, for redemption.
This trustless mechanism can provide users with peace of mind that their assets are always backed one to one, and always accessible."
If there were not already a lot of options available to us coming down the pike, here is another one. We are clearly inside a period of time that will someday be known as the "Creative Age".
The ability to live a no limit life is in progress.
The ability to move currency cross borders in milliseconds backed by a gold currency not reliant on traditional banking systems are in the making.
© Goldilocks
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In case you have not noticed, the CFTC or the Commodities Futures Trading Commission is overseeing several sectors of the global markets at this point.
This is an indicator of a process currently taking place. It is a reorganization of a Global Financial System under the direction of an organization setting up standards and protocols for Market Systems.
Each day, we are moving closer and closer to a Gold Standard.
© Goldilocks
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