More News, Rumors and Opinions Tuesday PM 10-1-2024
Ariel : ๐๐๐ก๐๐ค๐ข๐ ๐๐ค ๐๐ค๐ช๐ง ๐๐๐ฌ ๐๐ค๐ก๐๐๐ฃ ๐ผ๐๐: ๐ผ ๐๐๐๐ก๐๐ฉ๐ฎ ๐ฝ๐๐จ๐๐ ๐๐ฃ ๐๐๐๐ก ๐ผ๐จ๐จ๐๐ฉ๐จ
In the traditional system, investing in gold and silver often requires significant capital. With tokenization, individuals can own fractions of these precious metals, making it accessible to a broader range of investors, not just those with large portfolios. This democratizes the ownership of real assets, creating more financial inclusion for everyday citizens.
Unlike fiat money, which is subject to inflation and can be printed at will, gold and silver have intrinsic value due to their scarcity and long-standing historical importance as stores of wealth. Tokenizing these metals on a decentralized ledger gives people the chance to own assets backed by tangible, real-world value, providing a hedge against economic instability and the erosion of purchasing power.
And you telling me we are not about to have the most historic October we ever had to date? How when it had already started?
Stephanie Star: Meld Gold confirms first transaction on mainnet went through on 9/29 regarding the tokenization of gold on XRPL with more to roll out through October #XRPCommunity #XRPArmy #XRPL
October 1st
Boom
Boom
Boom
Source(s):
https://x.com/Prolotario1/status/1840924692380586074
https://x.com/Prolotario1/status/1840933047539032289
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man In the last week or so...there's probably five or six articles specifically talking about removing zeros from the Iraqi dinar... Quote: "...this is done by removing a specific number of zeros from the nominal value of the currency." From the value of the currency not the currency notes but the value of the currency...
Frank26 They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now. That is very exciting. These are the words we've only dreamed about in the last 5 years. To see them almost every day is rather shocking but very exciting right now...This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.
Fed To โKickstartโ Inflation, Next Crash Will Make August Look Like 'Dip' | Gareth Soloway
David Lin: 9-30-2024
Gareth Soloway, Chief Market Strategist of Verified Investing.com, discusses the Fed's latest rate cut, and its impact on inflation, economic growth, and markets. Soloway updates his outlook on stocks, gold, Bitcoin.
0:00 - Intro
0:40 - Market recap
2:10 - Declining corporate cash balance
6:06 - Financials sector
11:38 - Defensive sectors outperforming
16:30 - Fed monetary policy outlook
21:00 - Inflation outlook
23:20 - Gold
26:30 - โNo landingโ scenario
27:55 - S&P 500 outlook
29:30 - Hedging strategies
31:30 - China stimulus and stocks
35:20 - Bitcoin outlook