Goldilocks' Comments and Global Economic News Wednesday Evening 4-10-24
Goldilocks' Comments and Global Economic News Wednesday Evening 4-10-24
Good Evening Dinar Recaps,
"Last week the Bank for International Settlements dropped a bombshell of an announcement where it launched Project Agorá, along with seven central banks, which will focus on the tokenisation of wholesale central bank money and commercial bank deposits on programmable platforms."
The race towards International payments has begun. We currently have Global Regulations being tested in Europe and soon to be implemented through MICA. These assets have grown out of the ability to do so because of Protocol 20, whereby, the interfacing of International Digital Networks have been given the green light to expand into Global connections capable of doing trades with Tokenized Assets at the push of a button.
The next step is to move towards Cross-Border International Trading. Several countries have began the process of regulating Stablecoins which is a representation of a country's currency. These regulations will speed up the velocity of money and opportunity for companies to grow at a much faster pace.
As each country moves toward manufacturing their own goods and services over time, this will create less bottleneck situations at our shipping ports and more opportunities for jobs within each country for their people.
Shipping port volumes have been increasing it the last few years until the pandemic hit, and to lower these prices on goods traveling around the world more manufacturing jobs at home is being encouraged and shorter routes between countries are being mapped out. This will decrease inflation, and it will increase the Gold Backed Tokenized Assets used on the shipping ports to trade between countries.
Inflation tends to devalue a currency, and our ability to reduce cost in our shipping industry through more efficient mechanisms will move the pendulum of 80% trade around the world to a much smaller percentage.
Our ability to decrease inflation through digitizing our shipping ports and decrease premium prices on their movement will go a long way in adding more value to our currencies globally.
Bis Coin Speaker The Banker IMF Investopedia
Watch the water.
© Goldilocks
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Tokenized Assets and the trading of Gold and Silver are beginning to pick up the pace. We have a shortage in Silver that continues to climb.
The demand for the Metal Markets are beginning to put price pressures on our Gold and Silver products.
Can you imagine what this is going to do to our Tokenized Assets such as Stablecoins? Kitco Bloomberg
© Goldilocks
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The Bureau of Industry and Security recently provided the "freight forwarders" in the shipping industry guidance on the imports and exports between countries.
The Bureau of Industry and Security is currently getting involved in particular with "Correcting and Clarifying Export Controls Issued on Advanced Computing and Semiconductor Manufacturing Items."
Let's take a closer look at why freight forwarding guidance is important. It will promote clear guidance on foreign and domestic products being moved across countries near and abroad.
One of their more important roles as of late is to help companies tackle foreign currency exchange rates. They will help determine prices as they change due to developing circumstances.
This set of guidance represents the final rules that allow implementation of freight forwarders guidance to move forward with these new changes. Mondaq Braumiller Law JD Supra
WATCH THE WATER...
© Goldilocks
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IRAQ
General Commission for Taxes: Strategic Direction
for Prioritized Reforms -A pdf located in Goldilocks' room here:
https://t.me/c/1545617426/76462
HLSEA2024011.PDF
Iraq is beginning to expand their revenue in country. This necessitates the progressive wage earner tax reforms outlined in the PDF above.
This expansion and clearer guidelines made on taxable income for the government, companies, and people are being redefined as we speak.
The transition into technical mechanisms will make this possible going forward. The new digital economy is now being interfaced in Iraq's new digital framework. IMF
© Goldilocks
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The markets have suffered three legs down in the last few days. This is usually a great time to buy before Markets move three legs up.
But, an interesting thing happened today. The lack of buyers kept me from participating in the game because of the noticeable numbers of investors not following normal Market patterns.
This does not look good for tomorrow, the next day, and following unless buyers start coming into the market. My stance is a wait and see. If others are doing the same, we may have an alert status and moment of caution for the markets.
More and more countries are beginning to trade in their local currencies, and it's hard to know just yet if this is beginning to have an effect on the dollar.
I will report more as I go along and find out more details.
© Goldilocks
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VELOCITY OF M1
This is our most recent money velocity chart. It ranges from 1960 to late March of this year. It is showing us a rising money velocity as of late. This does not mean we are doing well.
When you have too much money chasing too few goods, you have what is called a demand-pull inflation chart in front of you.
This makes sense to people who buy their groceries and come in with less goods using more money to buy them.
This may be sold as a good thing soon, but you know that it is not because of your grocery bill.
I am sharing this with you today to give you an idea of how difficult it is to invest in today's economy with all of these fundamentals no longer following correlated patterns as they used to do so.
To minimize the above data flows, we may see a false flag come into play to soften some of these money flows and coordinate some of these chart patterns. Wikipedia
This is why a Global Currency Digital-Asset Reset is needed.
© Goldilocks
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The CPI index reading came out much higher than expected according to several resources.
This is believed to be a reason to raise interest rates among some economists while others are stating that lower interest rates will be what allows us to move into the new digital economy with new support levels.
Countries are divided on this issue as well. We are witnessing some countries lower their interest rates already while the United States keeps their interest rates the same.
This will create a trade war between countries as prices at our shipping ports will be affected.
Volatility is expected inside the marketplace as the East and West go to war in trade.
The winner takes all...
© Goldilocks
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CPI comes in hotter than expected dashing rate cut hopes...Ira’s Morning Flash Video for 4 10 2024 | Youtube
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Exploring Japan's Potential To Lead Global Cryptocurrency Trends - Dataconomy
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A freight forwarder is a firm specializing in the arrangement of cargo on behalf of shippers. In most cases, freight forwarders provide a variety of supply chain services, including: Ocean or air freight transportation. Inland transportation from origin and/or to destination. | Crowley
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Hong Kong Said Likely to Approve Spot Bitcoin (BTC) Exchange-Traded Funds Next Week: Reuters | Coindesk
👆 more on this tomorrow.
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The 'war of chan' to dominate semiconductors around the world is intensifying day by day. The U.S. g.. - MK
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U.S.-China trade fight ramps up with EVs and green tech - Fast Company
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Biden unveils $6.6bn for Taiwan’s TSMC to ramp up US chip production | Technology | Al Jazeera
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Exchange Rates and their Measurement | Reserve Bank of Australia
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Silver laughed off an attempt to slam the price lower on the announcement of higher than expected Inflation numbers.
This is a NEW type of behavior in the Rigged COMEX Silver market and one that is very, very encouraging.
This means that the additional shorts needed for today's initial slam WERE NOT ABLE TO BE COVERED which makes the Commercial's Silver Short Problem that much bigger!
THIS IS THE END GAME!
SILVER ALERT! Silver Brushes off Attempted Price Slam on CPI! APPROACHES UNOBTAINIUM! (Bix Weir) | Youtube
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New worries America on verge of losing petrodollar privilege | FX Street
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