Goldilocks "Watch The Water" Saturday 6-10-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks continues today with lots of news and comments to help with understanding what is happening this month:
Zimbabwe has just moved into a trade liberalization policy. This reduces barriers to trade among countries such as tariffs and quotas.
Reducing barriers to trade lowers the cost of goods sold in importing countries.
Zimbabwe has just enacted a monetary policy that gives them more purchasing power. It increases the demand for their currency, and this demand will increase its value.
© Goldilocks
https://www.chronicle.co.zw/wholesale-foreign-exchange-auction-allots-us112mln-to-banks/
Zimbabwe has also devalued it's current currency exchange rate.
This announcement has came during a time of a currency crisis that required an intervention.
They decided to set up new mechanisms of trade stating they would sell hard currency
“at the market-determined exchange rate."
This moves them off of a predetermined exchange rate and on to a new exchange rate based upon the demand for their currency.
These new prices will evolve into new price action patterns and be supported by the gold they hold extending their net worth.
© Goldilocks
Central Banking LINK
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Central bank to announce new monetary policy soon."
Bangladesh is adopting a similar policy as Zimbabwe whereby they are going to allow the market to determine their new currency exchange rates.
They went on to say that this new change is expected to come in July.
Do you see a pattern taking place yet regarding SOFR lending services and how it will transform monetary policies regarding exchange rates going forward?
Watch the water.
© Goldilocks
https://www.observerbd.com/news.php?id=423169
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"US House to Provide Clarity on the Digital Asset Ecosystem"
Congress has a draft with bipartisan support of the Democrats and the Republicans on Stablecoins. It will now move forward into the legislative process.
This will provide direction for a new digital asset-based trading system allowing for a standardized approach to international trade and exchange rates.
It's all about the water my friends.
© Goldilocks
https://coingape.com/us-house-releases-stablecoin-bill-bring-clarity-giving-fed-authority/
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Institutional Kitchens Being Warned "Have Food Stored for 10 Day Disruption in Supply Chain"
This is probably a good idea for the average person to do the same.
We all knew this was coming. Our 10 days of darkness into light are clearly upon us.
This should be just enough time to make changes to a new digital asset based trading/monetary system.
Watch the water.
© Goldilocks
Hal Turner Radio Show LINK
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While everyone else is watching the budget pass in Iraq, this room will focus on the actual changes that will take place for all markets around the world to enter into a Global Currency Reset as we have today.
© Goldilocks
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Banks advised to pay attention to liquidity when large savings mature | Business | Vietnam+ (VietnamPlus)
VietnamPlus LINK
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Goldilocks' Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/
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