Goldilocks, Nader and more...Friday 2-24-2023
Goldilocks and Seeds of Wisdom
Thank you R.J.
Good morning Dinar Recaps,
Goldilocks posted the following link with commentary:
Iraq Pivots to Yuan for China Imports in Defense of Own Currency
"Iraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the dinar."
Now, we have a tale of two cities. The Chinese Yuan is backed by gold, and we have the dollar backed by a Government's promise.
When a country introduces a foreign currency to pay for goods and services, it begins to have an effect on their own domestic currency.
It has the power to vary a country's exchange rate from a programmed rate to new rate variances.
The dollar has become volatile in recent months, and the Chinese Yuan has been far more steady with its backing by gold.
This will not only move the dinar into position of obtaining purchasing power, but it will give a more suitable environment for its growth.
© Goldilocks
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Goldilocks posted the 2 following links with commentary where Goldilocks mentions timing:
"Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients."
https://www.cnbc.com/2023/02/22/wells-fargo-boosts-digital-connection-with-rich-clients.html
Get ready. They will have an app to service rich people by the end of March. The timing is not coincidental.
Wells Fargo is a Clearing House Bank for digital movement of foreign currency.
© Goldilocks
Blockworks: Crypto Exchanges Have 30 Days To Register With Canadian Regulators
https://www.blockworks.co/news/crypto-exchanges-in-canada-have-30-days-to-register-with-regulators
Remember what we said a few days ago that cryptocurrencies have to be registered to move forward.
Again, let's take a look at the timing and how it coincides with the International Payment System.
© Goldilocks
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
Thank you Dinar Recaps
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Courtesy of Dinar Guru https://www.dinarguru.com/
Breitling They're not going to announce that they're going to revalue. But that doesn't mean they can't say, 'We're going to adjust the exchange rate.' They say that all the time.
Militia Man Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They're making it so that people have to use the dinar. Whether that's in real estate, whether that's in commercial business, the dinar is going to be the main focus...
Nader From The Mid East If it [The dinar] goes viral you'll see the bank will sell it and you will change it to wherever you are in any state...Florida...New York..Long Island, California...Arizona, Texas, Georgia, wherever. The bank would accept it. You're not going to travel nowhere.
(Alert). Bond Market Instability WORSENS! Inflation SKYROCKETS Again WITH NO END IN SIGHT.
Greg Mannarino: 2-24-2023