Goldilocks' Comments and Global Economic News for August 12, 2023
Goldilocks' Comments and Global Economic News for August 12, 2023
RJ: Good evening Dinar Recaps,
Goldilocks posted comments and news links on the global financial system:
"The Fed may be done hiking rates, but there's another policy move that still poses a big risk to stocks."
The next phase of the market plans will be its greatest challenge. For the last 3 years, we have been moving toward the reduction of and encouragement of sectors of the market that represent essential services.
From the pandemic and shipping crisis to bank failures, there is nothing that can do more damage to a market and a global market than the reduction of a balance sheet.
This is why we have seen a rerouting of the shipping industry, banking reforms, and recent market sector reforms. It is going to form a liquidity crisis. Look for currency interventions during this time. And yes, Forex is completing their digital foreign currency reforms.
Companies go out of business during these times and bankruptcies will surface for people and the local economy. It is all about creating a skeleton structure of necessary companies that will move us forward into our new economy.
Notice what happens and who is still standing when the dust settles. It will be the next economy with many of the standing structures capable of moving into the new digital asset-based trading system.
Artificial Intelligence will be capable of coordinating Quantum Technologies with those that remain.
"It is time to buckle up buttercup."
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Many of the Quantum Technologies that are interfacing with one another during this time are finding new liquidity providers as we speak. Some of these new liquidity providers that we have been talking about in this room will mobilize quicker than others.
I look to see a staggered reset of our new economy based upon how far along many of these new Quantum Technologies are capable of going forward.
Some of our new technologies are being activated quicker than others. Those with artificial intelligence baked into their company at this point are making Quantum leaps into the future already. If they are already interfaced with companies providing similar services, you will see an acceleration of growth within these companies that are connected.
The above sentences do not mean we have the full range of the QFS taking place as we speak. It just means that some elements of the QFS are allowing some companies to mobilize their evolution quicker than others before the payment system helps them arrive to their destination creating a revaluation among all sectors of the market.
Several assets on the market have already been tokenized and collateralized to come into compliance with those SOFR settings that began this process on July 1, 2023.
Going forward, we are going to witness the acceleration of a new set of protocols designed to change the way we do business.
Look for the caps on gold to be released and eventually reset. A reset in gold is our indicator we have come into full integration of the new monetary system with protocols set forth inside them representing new monetary policies and standards to give us guidance.
It was Dorothy who kicked her little red heels twice and followed a yellow brick road into the great beyond. Don't you just love her "golden locks" of hair. 😉
© Goldilocks
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Banking Announcement:
Ripple, the leading blockchain-based payments provider, has joined forces with the Bank for International Settlements (BIS) taskforce on cross-border payments interoperability and extension. This is a significant development for Ripple, as it demonstrates the company’s commitment to improving the global financial system.
The BIS is an international organization that facilitates cooperation among central banks. The taskforce on cross-border payments is composed of central banks, financial institutions, and technology companies. The goal of the taskforce is to develop common standards for cross-border payments.
https://timestabloid.com/ripple-joins-forces-with-bank-for-international-settlements-for-payments-taskforce-can-xrp-benefit/
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SEC Proposes Sweeping New Rules on Use of Data Analytics by Broker-Dealers and Investment Advisers
AUGUST 10, 2023
AI, BIG DATA, REGULATION, SEC
"On July 26, 2023, the U.S. Securities and Exchange Commission (SEC or Commission) proposed new rules for broker-dealers (Proposed Rule 15(1)-2) and investment advisers (Proposed Rule 211(h)(2)-4) on the use of predictive data analytics (PDA) and PDA-like technologies in any interactions with investors."
https://datamatters.sidley.com/2023/08/10/sec-proposes-sweeping-new-rules-on-use-of-data-analytics-by-broker-dealers-and-investment-advisers/
👆 See, brokers are still working with dealers on Global Payment Standards. We are not there yet my friends.
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Telegram to Integrate a Crypto Wallet Called TON Space
https://cryptodaily.co.uk/2023/08/telegram-to-integrate-a-crypto-wallet-called-ton-space
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"As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China’s Renminbi or other currencies."
Do you see a global paradigm shift? The power and influence of the dollar is taking on a new role and influence in our world.
This is why we are witnessing the 21st Century Dollar Act come into play whereby the United States shares a dual role with China in Global Payments.
Not long ago, we took a look at this bill moving through legislation (see link below) just in case the prominence of the dollar is shared with China.
The outcome of these negotiations has the potential to level the playing field with our currency values in a way that was not possible until now.
© Goldilocks
https://geopoliticaleconomy.com/2023/08/10/us-saudi-arabia-sell-oil-dollars-chinese-yuan/
https://www.congress.gov/bill/118th-congress/house-bill/556
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Forex correlations to gold and crude oil
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Gary Savage: We Are Entering the 2nd Phase of the Inflation Cycle & Gold Will Lead It
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Iraqi Dinar Guru News Highlights (12 aug 2023) #iraqidinar
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The Federal Reserve Bank is BROKE! | Backstage w/Lyn Alden | Cathie Wood Bitcoin ETF prediction
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I don't usually post this much information, especially on Saturday, but I wanted to give you an idea of how quickly things are changing in the new digital economy.
It is not important that you listen to every video or read every article posted this afternoon, it is important that you get a good idea how some of these networks we have talked about are making their way around the world.
These new Network connections are countries interfacing computer Technologies allowing greater and faster trade computations to take place.
© Goldilocks
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