Goldilocks' Comments and Global Economic News Monday Evening 2-12-24
Goldilocks' Comments and Global Economic News Monday Evening 2-12-24
Good Evening Dinar Recaps,
Viet Nam’s exports surge 42% in January
"Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022.
According to a report by the Ministry of Industry and Trade, Việt Nam’s total imports and exports of goods in the first month they surpassed $64 billion, up 38 percent year-on-year.
The surge in exports was mainly driven by the agriculture-forestry-fisheries, and processing industries, which increased nearly 97 percent and 38 percent, respectively."
These numbers are significant increases, but the one number that is the most encouraging is coming from their "process industry."
Companies that extract, transport, and process raw materials for manufacturing semi-finished or high-quality end products such as physical, mechanical, and/or chemical processes are classified as process industries.
This significant increase in demand for this particular industry indicates an ongoing service that can be provided to the Global economy. The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems.
© Goldilocks
Source: VNA/SGT/VNS/VOV/Dtinews/SGGP/VGP/Hanoitimes
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12:58 Baghdad – 964 The Securities Commission announced on Monday that the acceptance of cash payments is through electronic payment methods only, while revealing a trend to list electronic payment companies on the stock market. Search 4 Dinar
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It is the future demand for US Treasuries being used as a debt instrument by other countries that is the concern for the US dollar going forward.
The lower demand for the US dollar to be used as a World Reserve Asset will force the Federal Reserve to engage in quantitative easing or the lowering of interest rates to produce more purchasing power on our currency.
Current price distortions between the US dollar and other currencies utilizing their own resources and purchasing power through the use of their own local currencies will begin the process of leveling the playing field in a Global Currency Reset.
Through the use of tokenized assets utilizing gold/local currency opportunities for countries around the world will establish new demands inside the new digital asset-based trading system.
It is a process that is currently underway and about to shift into much higher gear as we approach the end of this month. WTOP Radio
© Goldilocks
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"The renewables bubble has burst | The Spectator"
The movement from oil to solar power and electronic vehicles has begun. This transition has redirected much monetary supply into new directions and towards clean energy.
This transition is ongoing, and it will take some time. It is causing distortions in oil prices and the redirecting of new local currencies aligning themselves with this transition is causing new speculation prices on oil and energy.
Look for free-floating rates to begin as we transition from oil to solar power and other energy sectors of the market paving the way into new developments inside a digital economy.
© Goldilocks
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A Goldilocks Economy represents an idea whose time has come. We are currently adjusting Payment Systems and Global Economies seeking out price patterns that will allow us to move into the future with systematic digital protocols that will align our Global Economy with numbers we can grow from going forward.
Just like the story of Goldilocks and the Three Bears, we are looking for value adjustments that are "just right." Our entire Financial System around the Globe is just simply looking for a home. As we journey through this transition, the place we live will be determined by real values and real numbers paved with streets of gold.
© Goldilocks
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The Chinese Yuan just replaced the US Dollar in foreign currency trades for Russia.
In just the last 2 years, the Yuan was used less than 1% to now over 34%.
© Goldilocks
https://www.youtube.com/shorts/peH0vxSfEg4
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The world needs more copper.
This will be one of the biggest stories in the years ahead.
Read: https://x.com/goldtelegraph_/status/1756382475276918961?s=46
👆 Goldilocks pointed to this article
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BREAKING NEWS
ZIMBABWE MAY BACK ITS CURRENCY WITH GOLD IN AN EFFORT TO END EXCHANGE-RATE INSTABILITY
Here it comes…
It always starts with one.
Read: https://x.com/goldtelegraph_/status/1757081932373062101?s=46
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Zimbabwe’s Government Considers Using Gold to Back Its Currency | Bloomberg
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Zimbabwe to link exchange rate to hard assets which includes gold.
People laugh at the country but don't grasp the blueprint.
It is starting…
Read: https://x.com/goldtelegraph_/status/1757135386110013612?s=46
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Ripple says it’s planning to expand its payments business in the U.S.
Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product marketing, W. Oliver Segovia, said on LinkedIn last week.
“After being relatively quiet for the past 3 years in the US for Ripple Payments, we’re geared up to announce new product updates powered by our money transmitter licenses (MTLs) that cover the majority of US states,” Segovia wrote. Pymnts
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Is a Recession Imminent? The Fed's Leading Indicator, Which Hasn't Been Wrong Since 1966, Offers a Clear Answer. | Fool Investing
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The $2 Trillion in Goods the US Exported in 2023: Led by Energy Products, Capital Goods, Pharmaceuticals, and Automotive | Wolf Street
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Even Banks in Asia-Pacific (APAC) on the Hook for US Office CRE: Fitch | Wolf Street
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Acting Comptroller Discusses Bank Mergers | YouTube
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