News, Rumors and Opinions Sunday Afternoon 2-12-2023
Goldilocks: Formal confirmation and announcement ISO20022
The Treasury just sent this bill to Biden for a signature.
It is a formal confirmation and announcement of the regulation being implemented that brings ISO20022 to full compliance.
This is telling us that the global digital banking system is in process of being activated.
* Goldilocks
What is it? “Framework for International Engagement on Digital Assets”
"The Executive Order outlined an interagency approach to address the risks and harness the potential benefits of digital assets and their underlying technology, including through international engagement to adapt, update, and enhance adoption of global principles and standards for how digital assets are used and transacted."
https://home.treasury.gov/news/press-releases/jy0854
Goldilocks Info with links to Facts
https://www.seedsofwisdomteam.com/
Thank you R.J:
Goldilocks: "Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated."
Here we go.
Russia has just tokenized their National Digital Currency that represents their country's paper currency. And, this token is backed by gold.
They are currently processing the ability to make future International transactions utilizing gold as a standard form of payment.
This is a way of valuing their currency in a different way than before. In more specific terms, they have just revalued their currency.
Russia has just created a path forward for a gold standard in trade among countries.
© Goldilocks
https://news.bitcoin.com/digital-gold-traded-for-digital-rubles-by-russias-rosbank/
https://www.ndtv.com/world-news/vladimir-putin-to-deliver-state-of-nation-address-on-feb-21-3770917
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
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Courtesy of Dinar Guru
Militia Man [Yesterday] We learned the governor of the central bank and others were actually there [Washington DC and New York] which we didn't really know...the full delegation showed up to the United States of America in respect to monetary reforms. That's ongoing as we speak...we do know there's other things happening in the background when it comes to banking.
Clare Article: "The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank" Quote: "During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly...CBI is committed to applying international standards in anti-money laundering and countering the financing of terrorism (AML/CFT) measures, Al-Allaq said"
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KTFA:
Henig: Parliamentary Finance Sets the Value of the Deficit in the 2023 Budget
The Parliamentary Finance Committee determined the value of the deficit in the general federal budget for the year 2023 in light of the exchange rate adjustment.
Committee member Jamal Kojar said in a press interview seen by Taqadum that "adjusting the exchange rate may increase the budget deficit by at least 10-15 trillion dinars, while the price of a barrel of oil remains around $ 70, as the Financial Management Law does not allow the government to exceed the value of the budget deficit by 3%."
He added that "the government has two options, either to compress expenditures and go towards deleting some paragraphs in the executive budget or the operational and investment budget, or accept the high deficit from 60-70 trillion Iraqi dinars," noting that "the Finance Committee so far has not seen the size of the figures in the budget, neither old nor new after the reduction." LINK
MARKETS A LOOK AHEAD: Multiple CRASH Warnings... Should We Ignore Them?
Greg Mannarino: 2-12-2023
New Jobs Report Furthers Loss of Confidence in USD
Lynette Zang: 2-12-2023
You'd think that the public would actually benefit from getting accurate information from our government in the central bank. Of course, they don't really want you to understand. So they come out with this national jobs report.
That jobless rate hit a 53 year low. Do you do? But the reality is people aren't necessarily as stupid as governments and central bankers want them to be.
As thousands go out and get new jobs to battle unreasonable amounts of inflation caused by all of the money printing and higher prices for everything we buy, this therefore decreases its confidence in the system and the US dollar. And that's the last vestige of confidence that these central bankers have.
But it also lends to the World Gold Council's data showing gold with its strongest demand by the retail public in over 11 years.
Central Banks, you have to go back to 1967, but frankly, from central bank purchases to retail investor buying, this entire situation is becoming more and more obvious for more and more people.
The question is, are you just going to sit back and watch it happen? Where are you going to protect yourself as it happens? Coming up.
Chapters:
0:00 Jobless Rate Spikes
1:56 Layoff Ahead
5:44 Wage Slowdown
9:09 Gold Demand