Goldilocks "We Are At The End Game" Monday 4-17-2023
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries with links:
It's been a while since I shared this with you, but the time has come for me to do it again.
We are at the End Game.
Watch the dollar and gold rise together. The reason for this is the demand on the dollar as a safe haven due to rising interest rates and the demand for gold by the Central Banks.
Usually, one is up and the other is down to support one another in normal market conditions. We are not in normal market conditions anymore. We are in transition.
Both are needed at this time, but one will gain more traction than the other to deflate an inflated economy.
We could see this shift by the end of the week going into the next.
This is the purpose of gold as money, and it will provide the bridge into our new digital asset-based trading economy.
The dollar will find its place in this new economy among other currencies finding their real values as well.
© Goldilocks
https://news.bitcoin.com/de-dollarization-trend-irreversible-flight-from-us-dollar-sure-to-accelerate-says-russian-official/
https://www.marketwatch.com/story/goodbye-eurodollar-futures-heres-why-the-once-dominant-derivatives-contract-is-going-away-adc113a2?siteid=msnheadlines
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Congress is beginning to shift its attention from enforcement to a regulating body regarding stablecoins.
Stablecoins are virtual assets that represent a country's currencies.
The current requirements have to deal with holding its value. Conversations around collateralizing this sector of the cryptocurrency market are in progress.
Look for stablecoins to have a backing of gold or other commodities to hold its value in place during stressful periods of time.
Again, the next stop... Paper Currencies. Currency Reforms are clearly front and center.
© Goldilocks
https://www.cryptopolitan.com/us-congress-update-on-stablecoins-regulation/
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"CFTC Claims Crypto Assets Are Commodities in Lawsuit Against Ex-Deutsche Bank Investment Banker."
Yes, the QFS is backed by real assets having real values. In terms of gold as money, gold is rapidly becoming a world reserve asset by which asset determinations will be measured by the weight of value fixed on every asset in the world.
In other words, we are clearly moving into a Gold Standard.
© Goldilocks
https://cryptopotato.com/cftc-claims-crypto-assets-are-commodities-in-lawsuit-against-ex-deutsche-bank-investment-banker/
https://www.cftc.gov/PressRoom/PressReleases/8686-23
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"FOREIGN CURRENCY FOR IRAN"
In an interview with IRNA, Shakouri stated that the national copper industry would require not mere development but also support in order to generate $10 billion that could serve as foreign currency for Iran.
By applying new innovative methods, he added that taking advantage of the available copper mineral will increase four times by the year 2050 - highlighting that copper mines can serve as huge investments for the country and thus need to be taken more seriously.
As Iran is known for mineral-rich land, just a month ago, the first lithium deposit was discovered by Iranian geologists in the northwestern province of Hamadan, and the reserves are assessed at 8.5 million tonnes, a senior Industry Ministry official said.
"Iran is one of the few countries where adequate reserves of rare earth elements and precious metals are available.
The discovery of the first lithium deposit in the province of Hamadan promises the discovery of a deposit of other precious metals in this province," the Fars news agency quoted the official as saying, adding that its reserves are estimated at 8.5 million tonnes.
https://english.almayadeen.net/news/economics/iran:-export-of-10b-worth-of-copper-feasible
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Russia’s Ruble Could Replace US Dollar in Global Transactions: World Bank
In case of accurate implementation of the financial policies, Russia’s Ruble could replace US dollar, the executive director of the World Bank emphasized.
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