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Goldilocks' Comments and Global Economic News Wednesday AM 4-24-24

Goldilocks' Comments and Global Economic News Wednesday AM 4-24-24

Good Morning Dinar Recaps,

Recently, gold has found its own path. It is becoming increasingly bold in determining its own path.

There have been recent attempts to short the market in gold, and there just doesn't seem to be anything powerful enough to do it.

Gold has awakened into a life determined by real fundamentals unlike anything else on the market.

Our tokenized assets and Stablecoins will be supported by a commodity of real value going forward, and nothing seems to be able to stop it from realizing its potential going forward. Schwab

© Goldilocks

Goldilocks' Comments and Global Economic News Wednesday AM 4-24-24

Good Morning Dinar Recaps,

Recently, gold has found its own path. It is becoming increasingly bold in determining its own path.

There have been recent attempts to short the market in gold, and there just doesn't seem to be anything powerful enough to do it.

Gold has awakened into a life determined by real fundamentals unlike anything else on the market.

Our tokenized assets and Stablecoins will be supported by a commodity of real value going forward, and nothing seems to be able to stop it from realizing its potential going forward.  Schwab

© Goldilocks

~~~~~~~~~

MESSAGE FROM FREEDOM FIGHTER ON THE COMMODITY EXCHANGE ACT

LISTEN HERE:

~~~~~~~~~

CBI Banker in Iraq Contact:

Dee and I just finished a conversation with our CBI Banker in Iraq with ties to the Foreign Remittance Department.


Iraq is currently increasing the amount of Gold they hold that will support their currency.

Iraq is encouraging people to use a debit (Visa & Master) Card as much as possible, so they can get used to becoming a cashless society.

As far as a rate is concerned, they are looking to move from 1,310 to 1,000 soon.

Many new agreements have been signed with other countries to increase the demand for their currency as of late.

He expressed that they still need more goods to sell to increase their money velocity.

Iraq has not moved to a position of removing the three zeros on their currency just yet.

It was mentioned that they are still working with their Foreign Corresponding Bank to complete their banking reforms this year.

© Goldilocks

~~~~~~~~~

Institutional Digital Assets: The Future of Finance Is Here | CoinDesk

~~~~~~~~~

SEC Lawyers Resign After Judge Sanctions the Regulator for 'Gross Abuse of Power' – Legal Bitcoin News

👆  Goldilocks pointed to this article

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Institutional Digital Assets: The Future of Finance Is Here | CoinDesk

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SEC Lawyers Resign After Judge Sanctions the Regulator for 'Gross Abuse of Power' – Legal Bitcoin News

👆  Goldilocks pointed to this article

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"CFTC Approves Final Rules on Swap Confirmation Requirements for Swap Execution Facilities (SEFs)"

These rules go into effect 30 days after they have been placed in the Federal Register. "An essential component of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) is its framework for the regulation of swaps, including central clearing and trade execution requirements, registration and comprehensive regulation of swap dealers, and recordkeeping and reporting requirements."

The final rules amend CFTC Regulation 37.6(b) to require such confirmation to take place “as soon as technologically practicable.”

We have two things holding us back at this point in moving forward with the newly amended and final rules of swap executions on Securities such as Foreign Currency.

1) This amendment and final rule has to go to the Federal Registry which doesn't take long.

2) This new amendment can be implemented as soon as "technologically practicable.”

Yes, as soon as the QFS is completely finished. Stay tuned, this room will keep you updated on QFS developments as they are happening each and "every day" as we have done for the last 3 years. CFTC 1 CFTC 2   Investopedia

© Goldilocks

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RIPPLE XRP TO DOMINATE OVER $454 TRILLION🚨WAKE UP NOW | Youtube

~~~~~~~~~

HEDERA HBAR HOLDERS TODAY WE MADE HISTORY! | Youtube

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24

Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24

Good Evening Dinar Recaps,

"HANOI (Bloomberg): Vietnam’s central bank said it sold dollars to some banks, intervening in the foreign exchange market as the currency fell to a record low."

Today, Vietnam did a currency intervention. They sold some of their dollars to some banks. Let's take a look at why this move was made and why it makes sense.

Vietnam is currently applying for the BRICS system. The need to hold dollars in trade going forward does not make as much sense anymore. It would make more sense to hold the trading currency of the BRICS system that will carry enough weight to justify new Dong rates going forward.

At the same time, the BRICS Nations have a requirement that Nations who join them own gold. Gold increases the net worth of a country's own currency, and backing in Gold will enable Vietnam to trade under a Gold Standard.

Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24


Good Evening Dinar Recaps,

"HANOI (Bloomberg): Vietnam’s central bank said it sold dollars to some banks, intervening in the foreign exchange market as the currency fell to a record low."

Today, Vietnam did a currency intervention. They sold some of their dollars to some banks. Let's take a look at why this move was made and why it makes sense.

Vietnam is currently applying for the BRICS system. The need to hold dollars in trade going forward does not make as much sense anymore. It would make more sense to hold the trading currency of the BRICS system that will carry enough weight to justify new Dong rates going forward.

At the same time, the BRICS Nations have a requirement that Nations who join them own gold. Gold increases the net worth of a country's own currency, and backing in Gold will enable Vietnam to trade under a Gold Standard.

You will notice in an article below that Vietnam has begun buying more Gold.

Currently, Europe and the US carry a lot of weight in trading values through the WTO. China and other countries who are part of the BRICS system are edging up to near-similar levels of trade that will equate the US and Europe.

This will level the playing field for countries such as Vietnam, and it makes sense for them to begin dumping their dollars for currencies inside the BRICS Nations and Gold.

Holding these new reserves in the BRICS Nations will allow Vietnam to raise the value of their currency through new trading mechanisms inside the new digital economy and more holdings in Gold.

The Star   RT Business   Investopedia1   JP Morgan  Investopedia2  The Investor VN  Vietnam Investment Review 

"All roads lead to gold, and 'digital gold' will set us free."

© Goldilocks

~~~~~~~~~

The Commodities Futures Trading Commission has issued an announcement.

The CFTC is extending the comment period for new rules being applied on the swap execution facilities.


This affects the DCMs in Part 37 and 38. The Designated Contract Markets are boards of trade (or exchanges) that operate under the regulatory oversight of the CFTC.

"The proposed rule was published in the Federal Register on March 19, 2024. It had a 60-day comment period scheduled to close on April 22, 2024."

The following is what was considered in yesterday's meeting.

"Final Rule: Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants

Final Rule: Adopting Amendments to the Large Trader Reporting Rules for Futures and Options"

May 13th, 2024 is the deadline for this comment period. At that time, we will be able to move forward with the final rules on executing foreign currency exchange swaps.  The final rule is the implementation phase.  CFTC1  CFTC2  CFTC3  CFTC4   Federal Register    Investopedia    CFTC5

© Goldilocks

~~~~~~~~~

A new round of sanctions are being applied to Venezuela and their oil economy.

This article speaks of Venezuela moving to other payment methods such as cryptocurrencies as preferred payments.

This will shift payments from the dollar to new digital asset opportunities for this country.

It is a growing trend and opportunity for countries who wish to exercise their Sovereignty going forward. Reuters

© Goldilocks

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"Therefore, trading of foreign currency futures contracts, or options thereon, is lawful if it occurs on designated contract markets or derivatives transaction execution facilities."

* Designated Contract Markets (DCM)

* Derivatives Transaction Execution Facilities

Please ask if the facility you are trading at is one of the two above-approved designated exchange facility.

It will not be a legal facility to exchange your currency in unless it is. By the way, a bank is a designated facility that encompasses both of the above criteria and requirements.   CFTC

© Goldilocks

~~~~~~~~~

👆One more thing, these designated facilities (banks) do have 1-800 #s.

Just look on the back of your debit card or call your bank if you have any further questions.

~~~~~~~~~

Jim Willie: 'Gold's The Safe Haven When There's No Escaping The Debt Default' | Youtube

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The BRICS economic union is currently in the process of creating a single financial system in 2024 to facilitate trade within the bloc without using the US dollar.

Such an idea would be crucial to the implementation of the BRICS plans. Specifically, the effect of its de-dollarization would be greatly enhanced by a financial system that brings together the possibilities of using digital currencies. Moreover, it increases pressure on the dollar, which the US has already assured will not get a digital counterpart.    Crypto Dnes

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Kremlin says Russia and China have almost abandoned the dollar in trade

Russia and China have almost completely abandoned the US dollar in their mutual settlements, and more than 90% of transactions between the two countries are now carried out in their national currencies. | UNN

~~~~~~~~~

The Copper Supply Shortage Is Here | SchiffGold


👆 Keep saving those copper nickels and pennies...

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The movement from brick and mortar sales continue to melt down as the online sales for the same merchandise is continuing to climb. | Wolf Street

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Vietnamese furniture products introduced at Milan Design Week - EIN Presswire

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Vietnam to have opportunities from digitalisation, green transformation: IMF | VOV VN

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Factors influencing Vietnam’s FMCG market | VOV VN

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Vietnam surpasses India, Thailand to become Singapore’s top rice supplier - VnExpress International | VN Express 

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Billionaire-Owned Media Has Gone Full Throttle to Save Fellow Billionaire, Jamie Dimon |  Wall Street on Parade

~~~~~~~~~

Copper pennies at $3.00. Right NOW? | Youtube

👆  Goldilocks pointed to this article


~~~~~~~~~

MESSAGE FROM SAM OLIVER ON COPPER

LISTEN HERE:

~~~~~~~~~

Generative A.I. Arrives in the Gene Editing World of CRISPR   |  The New York Times

~~~~~~~~~

A new legislation to regulate stablecoins filed in the US Senate may benefit the issuers as reported by investment banking firm TD Cowen.  | Crypto Times

👆 more on this tomorrow...

~~~~~~~~~

  ‘‘Lummis-Gillibrand Payment Stablecoin Act’’  

LIP24254.pdf CLICK HERE

~~~~~~~~~

~~~~~~~~~

Ripple Offers to Pay SEC Penalty For XRP | Youtube

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Monday Evening 4-22-24

Goldilocks' Comments and Global Economic News Monday Evening 4-22-24
Good Evening Dinar Recaps,

ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT:

"To act in concert with the global standard of adopting ISO 20022 in SWIFT and Hong Kong RTGS for payment-related SWIFT messages, OTC Clear has planned to migrate money settlement messages from existing SWIFT MT messages to ISO 20022 XML-based message ("MX messages") on 22 April 2024."

On April 22nd, 2024, the Society for Worldwide Interbank Financial Telecommunications and Real Time Gross Settlements is upgrading to the ISO20022 messaging system.

The Hong Kong Interbank Clearing Limited and the Hong Kong Securities Clearing Company Limited will soon after do a market-wide testing to make sure the clearing systems of the East and West are synchronized.

Goldilocks' Comments and Global Economic News Monday Evening 4-22-24
Good Evening Dinar Recaps,

ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT:

"To act in concert with the global standard of adopting ISO 20022 in SWIFT and Hong Kong RTGS for payment-related SWIFT messages, OTC Clear has planned to migrate money settlement messages from existing SWIFT MT messages to ISO 20022 XML-based message ("MX messages") on 22 April 2024."

On April 22nd, 2024, the Society for Worldwide Interbank Financial Telecommunications and Real Time Gross Settlements is upgrading to the ISO20022 messaging system.

The Hong Kong Interbank Clearing Limited and the Hong Kong Securities Clearing Company Limited will soon after do a market-wide testing to make sure the clearing systems of the East and West are synchronized.

Once this interface is complete and tested, the new settlement messaging system for tokenized assets through Stablecoins, already tested and regulated, in Hong Kong will be able to move digital money in cross-border International trades.   This will enable foreign currency exchanges to take place on this new Digital Financial Settlement System.   HKEX     Adenza

© Goldilocks

👆Today 

~~~~~~~~~

There's even more good news for Hong Kong's upgrade to ISO 20022 and their new listings.

The China Securities Regulatory Commission said it will facilitate Hong Kong listings by leading Chinese companies.


CSRC said it will expand the Stock Connect cross-border investment scheme by placing Hong Kong's new listings on the Shanghai Stock Exchange International Financial Centre.   SCMP

© Goldilocks

~~~~~~~~~

There are three trends taking place on our Global Markets. These three trends have not been seen before in history.

We have new tokenized assets onboarding the trading system through ETFs, we have the dollar that has continued to rise, and we have gold that is continuing to rally.

These two major assets (dollar and new ETFs) would have at one time held the price of gold down, but we are not seeing this take place and the repercussions of this fact tell us we are sailing into new headwinds inside our Global Markets.

So far, our markets seem to be pricing in these new changes or shall I say new transitions of our economy. This is why following the new digital economy as it completes its final phases of development is so important.

Old indicators and fundamentals no longer apply and new ones are beginning to surface. This indicates a transition is taking place inside the entire economy, but you have to know what you're looking for inside the new digital asset-based trading system.

Current indications are showing us that our new correlated asset trends are beginning to work together instead of adversely. If these new trends continue, our markets will have moved from negative correlations to positive ones.

What does this mean as far as watching for changes happening on the market in our current world? It means we have to look for and when the QFS is finally completed its connections. Once its development is complete, we will then know the real values as they are turned on inside the new digital economy. VanEck

Time will tell.

© Goldilocks

~~~~~~~~~

"With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries."

Today, JP Morgan Chase's Jamie Dimon met with executives from the World Bank Group and several other multilateral development lenders.

They are currently working on ways to pull private money into new jobs through their new Green Bond initiatives across Emerging Markets. The World Bank and the IMF are actively involved in these meetings as well. The World Bank in the IMF are two major players that will announce the Bretton Woods III agreement.

This will provide liquidity for several countries outside of the United States and provide movement forward in resetting/leveling the playing field for their local economies across all market sectors including Forex.  Finance Yahoo   World Bank

© Goldilocks

~~~~~~~~~

Currency devaluations on a global scale is really picking up steam. We are about to see currency interventions begin to take place on a massive scale.

This does not mean we're about to see a revaluation many of you are looking for going forward. It just means that Credit Valuation Adjustments are about to begin on every sector of the market including Forex.

We could see some currency price adjustments, but we are looking for those CVAs to be backed by real values based on the release of caps on gold.   CNBC   Transwap

© Goldilocks

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China is dumping U.S. treasuries and buying Gold | FX Street

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Are the days of dollar love ending? - Opinion News | The Financial Express

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Quant Network CEO: 2024 Is The Year Of Institutional Adoption Of Blockchain | Business Upturn
~~~~~~~~~

Anthony Scaramucci remains bullish on Bitcoin’s long-term performance.

He compares its development to the beginnings of the Internet and Amazon shares. | 
Crypto News Flash

~~~~~~~~~

Cryptocurrencies: Why You Shouldn't Overlook Dogecoin (DOGE) and Retik Finance (RETIK) in 2024 - Crypto Daily

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Are the BRICS and their New Development Bank offering alternatives to the World Bank, the IMF, and the policies promoted by the traditional imperialist powers? | CADTM

~~~~~~~~~

The Progression of Exchange: Cryptocurrencies and the Future of Transactions - Eye On Annapolis

~~~~~~~~~

What are Green Bonds and How Can They Fight the Climate Crisis? | The Climate Reality Project

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“Seeing some confusion on next steps with the SEC vs. Ripple case.

To clarify – Ripple will file its response to the SEC’s request for penalties by April 22nd and the SEC has until May 6th to reply.”

* KC Trader

~~~~~~~~~

“The authorities substantially tightened macroeconomic policies in 2023 and into the first quarter of 2024. They are beginning to reap the fruits of the adjustment in the form of a stable exchange rate and declining inflation. Nonetheless, the remaining adjustment required to keep debt on a sustainable path is significant, financing needs are high, and foreign reserves have fallen.

“The authorities and the staff team reached an agreement on most policies to underpin the requested arrangement under the ECF. They reached an understanding on the authorities’ development objectives and reforms needed to achieve macroeconomic stability and maintain debt sustainability.

IMF Staff Concludes Mission to Sierra Leone | IMF

~~~~~~~~~

XRP NEWS  PROOF RIPPLE & SWIFT ARE UNLOCKING $27 TRILLION | Youtube

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Sunday Evening 4-21-24

Goldilocks' Comments and Global Economic News Sunday Evening 4-21-24
Good Evening Dinar Recaps,

Hong Kong Digital Banking Announcement:

Hong Kong is offering new guidance on their TM Systems Technology currently in development.

TM System's "goal is to become global leaders in security consulting services and location-based analytics along with software development."

This new technology will help them with their new in-house Derivatives Platform. It will run on the Orion Derivatives Platform. And, it has enhanced trading and clearing capabilities that will enable them to run almost 24 hours a day.

Hong Kong already has their own electronic security system, and this new system is currently in process of being developed for added security protection going forward on their derivatives platform.

© Goldilocks
~~~~~~~~~

 Goldilocks' Comments and Global Economic News Sunday Evening 4-21-24
Good Evening Dinar Recaps,

Hong Kong Digital Banking Announcement:

Hong Kong is offering new guidance on their TM Systems Technology currently in development.

TM System's "goal is to become global leaders in security consulting services and location-based analytics along with software development."

This new technology will help them with their new in-house Derivatives Platform. It will run on the Orion Derivatives Platform. And, it has enhanced trading and clearing capabilities that will enable them to run almost 24 hours a day.

Hong Kong already has their own electronic security system, and this new system is currently in process of being developed for added security protection going forward on their derivatives platform.  Mayer Brown   Finance Feeds   Linkedin   Trade Easy

© Goldilocks

~~~~~~~~~

 "Putin Orders Developing Grain Exchange Mechanism between BRICS Countries"

This new "Grain Exchange Mechanism" involves the BRICS group being encouraged to buy from local producers directly.

This proposal is being submitted to The BRICS summit in October. Russia has already shared with us last week that they are evolving into a Gold Standard economy in the country.

This collective shift in trade mechanisms has the capacity to transition the Global Trading Economy as the BRICS system grows.

It has ripple effects on how the Federal Reserve's suppression of gold will play out in the releasing of caps on gold in order to be competitive in Global Trading.

This move by Russia has the power to challenge the dollar under a Gold Standard regimen.

A revaluation in the gold price will profoundly affect our new tokenized assets that are backed by gold including our Stablecoins that are backed by gold.  See News   Youtube

"All roads lead to gold, and "digital gold" will set us free.

WATCH THE WATER.

© Goldilocks
~~~~~~~~~

Yesterday, the Deutsche Bundesbank announced plans to work with the Massachusetts Institute of Technology’s Digital Currency Initiative (MIT DCI) to explore privacy and security solutions for central bank digital currency  (CBDC).|   Ledger Insights

~~~~~~~~~

On 3 March 2024, the EU co-legislators adopted Regulation (EU) 2024/886 on instant credit transfers in euro, often called the ‘Instant Payments Regulation’ (IPR). 

The IPR was published in the Official Journal of the European Union on 19 March 2024 and entered into force twenty 20 days thereafter (i.e. on 8 April 2024) the text is available here (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202400886). 

Of course, it doesn’t mean that payment service providers (PSPs) will have to comply with all IPR rules right away, but instead, the IPR goes together with a number of key implementation deadlines.   TwoBirds

~~~~~~~~~

Canada's Real-Time Rail program resumes with renewed momentum | Payments

~~~~~~~~~

"Project FuSSE (Fully Scalable Settlement Engine, pronounced as fyooz) is a BIS Innovation Hub project that aims to modernize financial market infrastructures for the demands of the digital age. In the face of a rapidly digitizing economy, the traditional systems face myriad challenges. FuSSE offers an open-source solution designed to meet these evolving demands head-on.

Project FuSSE marks the first collaboration between the BIS and the Inter-American Development Bank (IDB), following an agreement signed by the two institutions in September 2023. The presentation of FuSSE's progress and the official start of technical cooperation between both entities took place in Washington, D.C., in an event attended by the BIS general manager, Agustín Carstens, the president of the IDB, Ilan Goldfajn, and the governors of central banks from Chile, Colombia, and Uruguay."  BIS

~~~~~~~~~

What the Iraqi PM Told Iraqi People Living in the US on Thursday | Youtube

👆  Goldilocks pointed to this video

~~~~~~~~~

If you missed the SNL call last night with Freedom Fighter and Jester breaking down Goldilocks posts, you can find the mp3 recording in the Archive Room Here:  https://t.me/c/1570377332/39328/39735

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Thursday Evening 4-18-24

Goldilocks' Comments and Global Economic News Thursday Evening 4-18-24
Good evening Dinar Recaps,

Watch XRP! It is the coin that moves all coins. Once the SEC and Ripple case is settled, look for the QFS System to be given the green light to move forward.

© Goldilocks
~~~~~~~~~

In order to be on an even playing field with other currencies around the world, the EU has raised their Capital requirements. It was discovered in 2023 that many of the currencies they were currently trading with were no longer in sync.

These foreign exchange risks were discovered in the second half of last year. This has led the European Banking Authority’s (EBA) to reduce the number of correlated currencies they were trading. Europe is a major player, and to compete Globally has forced them to reset their currency Market pairs. Risk

© Goldilocks
~~~~~~~~~

Goldilocks' Comments and Global Economic News Thursday Evening 4-18-24
Good Evening Dinar Recaps,

Watch XRP! It is the coin that moves all coins. Once the SEC and Ripple case is settled, look for the QFS System to be given the green light to move forward.

© Goldilocks

~~~~~~~~~

In order to be on an even playing field with other currencies around the world, the EU has raised their Capital requirements.  It was discovered in 2023 that many of the currencies they were currently trading with were no longer in sync.

These foreign exchange risks were discovered in the second half of last year. This has led the European Banking Authority’s (EBA) to reduce the number of correlated currencies they were trading.  Europe is a major player, and to compete Globally has forced them to reset their currency Market pairs.  Risk

© Goldilocks

~~~~~~~~~

~~~~~~~~~

WASHINGTON (Reuters) - "U.S., Japanese and South Korean finance leaders agreed to consult closely on foreign exchange and market developments in a trilateral meeting on Wednesday, they said in a joint statement issued by the U.S. Treasury Department."

These meetings are becoming more and more frequent. As we get closer to Global regulations on cryptocurrency through MICA, the new digital economy will reset a lot of prices across all sectors of the markets.

Our tokenized assets are as these words imply. These digitized assets are now supported by commodities. Our Stablecoins representing our countries' currencies are backed by gold.

Everything is about to be backed by gold. It is the bridge into the next economy as it has been throughout history when we have crossed over from one economic world to another.

Our ability to adapt to these changes will signify a willingness to live in the New World. It is a mind, body, and soul transformation. Time is getting close. Be ready.  US News

© Goldilocks

~~~~~~~~~

"On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set to take place this month. The crypto firm disclosed that the Bitcoin reserves within the world’s crypto exchanges have been depleting at a rapid pace, leaving only nine months of BTC supply left on exchanges."

This new trend is expected to drive the price of Bitcoin up. The more scarce it becomes, the more valuable it will be in the short run.

Bitcoin has been known to drive prices up in the cryptocurrency world. As we shift into a digital economy, there are new cryptocurrencies that will begin new protocols inside this new digital framework.

Their connection to Bitcoin will help raise their value going forward. As new demands are placed on these new digital assets that will move our Global Economy, it will be the demand for them in the future that will begin to place price pressures on their existence based on their use case scenarios.

Our world is clearly in transition, and the more we learn about it the better off we can be in integrating our lives into it.

We are in the process of carving out a path into this new digital asset-based trading system. It will change us in ways many of us did not anticipate.

Staying focused and intentional about your new place in the world will be a vital step and becoming a part of it.   News BTC

© Goldilocks

~~~~~~~~~

"Gold at Historical Highs as Mid-East Tensions Persist; Pound Rises on UK CPI Data" | Investing

~~~~~~~~~

Banking Announcement:

"JP Morgan is setting out to potentially disrupt its own foreign exchange overlay business with a new execution method that allows clients to place multiple dealers in competition for trades, while using the bank’s credit standing to secure the best price." | 
FX Markets

~~~~~~~~~

Vietnam Stock Market Sharp Drop IQD Rate Flux Haiti's Progress Gold  Prices | Youtube

~~~~~~~~

Press Release
SEC’s Division of Investment Management to Host Second Annual Conference on Emerging Trends in Asset Management  
SEC

Conference topics will include:
Trends in Asset Management Products and Strategies:

* Asset Management Trends: Past,
* Present and Future
* Technology-Driven Trends
* Regulatory Perspectives

~~~~~~~~~

Ripple Vs. SEC Saga: CLO Provides Clarity On Next Steps In Lawsuit | Bitcoinist

~~~~~~~~~

HONG KONG BITCOIN ETFS TO TRADE BY APRIL 30TH: REPORTS

Hong Kong's hotly anticipated spot bitcoin ETFs are expected to launch by end of April, potentially yielding up to $25 billion in capital inflows according to industry analysts. | Bitcoin Magazine

~~~~~~~~~

A MESSAGE FROM ISAAC

I will have two big meetings Monday to know how close we are , process is advancing so we are getting close , I will update Monday, blessings .

~~~~~~~~~

Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from Congres | Youtube

~~~~~~~~~

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24

Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24
Good Evening Dinar Recaps,

Gold Standard Announcement:

"Russian gold exports have stopped since the start of this year after new exchange-rate-linked duties, Danil Volkov, director of the finance ministry’s tax policy department, told the  Federation Council, the upper chamber of parliament."

This year, Russia is in process of abolishing their export duty on gold. This is a government tax on goods leaving the exporting country. It is collected by the customs authorities.

A gold-exchange rate-linked duty is a monetary system where a nation's gold can be converted into bills of exchange such as the Ruble. Such moves open the door to a Gold Standard.

Citizens in Russia are already making currency to gold and vice versa exchanges at their local bank.

Goldilocks' Comments and Global Economic News Late Wednesday Evening 4-17-24
Good Evening Dinar Recaps,

Gold Standard Announcement:

"Russian gold exports have stopped since the start of this year after new exchange-rate-linked duties, Danil Volkov, director of the finance ministry’s tax policy department, told the  Federation Council, the upper chamber of parliament."

This year, Russia is in process of abolishing their export duty on gold. This is a government tax on goods leaving the exporting country. It is collected by the customs authorities.

A gold-exchange rate-linked duty is a monetary system where a nation's gold can be converted into bills of exchange such as the Ruble. Such moves open the door to a Gold Standard.

Citizens in Russia are already making currency to gold and vice versa exchanges at their local bank.

When this is fully implemented, we will begin to see a ripple effect of other countries seeing the advantages of such a trade especially as countries begin to form free trade agreements fully putting an end to tariffs and aligning their gold with local currencies. This will go a long way to leveling the playing field. 

Is Bretton Woods 3 about to make an announcement?

WATCH THE WATER.

© Goldilocks

Mining   Wikipedia   Study Smarter   Book Airfreight   Britannica

~~~~~~~~~

Gold Exchange Standard: Definition, Impact & History |  Study Smarter

~~~~~~~~~

LUMMIS, GILLIBRAND INTRODUCE BIPARTISAN LANDMARK LEGISLATION TO CREATE REGULATORY FRAMEWORK FOR STABLECOINS

Below is a link to the full version of what is being voted on...  
Lummis Senate 

~~~~~~~~~

UPDATE MESSAGE FROM SAM OLIVER 

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Wednesday Evening 4-17-24

Goldilocks' Comments and Global Economic News Wednesday Evening 4-17-24
Good Evening Dinar Recaps,

Banking Announcement:

"HKEX Confirms Decision to Allow Issuers to Hold Treasury Shares.  Allowing Hong Kong-incorporated issuers to hold treasury shares will give them 'greater flexibility in managing their capital structure.'"


These changes will take effect on June 11th, 2024. It will give Hong Kong companies more control over their capital.

During down times for their company, this will enable them to have an asset that will neutralize some of the capital flows needed during times of great economical challenges such as the one going on now. 

© Goldilocks

Goldilocks' Comments and Global Economic News Wednesday Evening 4-17-24
Good Evening Dinar Recaps,

Banking Announcement:

"HKEX Confirms Decision to Allow Issuers to Hold Treasury Shares.  Allowing Hong Kong-incorporated issuers to hold treasury shares will give them 'greater flexibility in managing their capital structure.'"


These changes will take effect on June 11th, 2024. It will give Hong Kong companies more control over their capital.

During down times for their company, this will enable them to have an asset that will neutralize some of the capital flows needed during times of great economical challenges such as the one going on now.  Morgan Lewis 

© Goldilocks

~~~~~~~~~

The tokenization and expansion of tokenized assets is well underway. Currently, we are seeing the expansion of Regulations on a Global scale. Along with this movement, payment structures and laws are being established for them.

Support mechanisms are being added two companies and various other institutions that will increase the net worth of companies going forward through Government issuance of assets backed by gold.

The new QFS is unlike any Financial System we have had before. This one is more comprehensive and inclusive of support mechanisms used by Governments to help sustain our economies during a crisis.

Of course, the backing of gold will supply the needed support going forward for the execution of this new set of Quantum Financial Technologies.

Perhaps, this is the reason why Governments are buying so much gold, and the certainty of a bull market in Commodities such as gold have never been more needed than it is now.

We are simply at the beginning stages of a bull run in gold, gold is a World Reserve Asset that is recognized by all countries. And, the need for it in use case scenarios appears to have no end. Gold Avenue

"All roads lead to gold, and digital gold will set us free."

© Goldilocks

~~~~~~~~~

Government Announcement:

"Top U.S. House Lawmakers Meet on Stablecoin Bill"

The House Financial Services Committee are currently meeting on what the next steps are going to be for pushing the legislative process forward on Stablecoins.

The Stablecoins will enable the world to pay for tokenized assets through digital mechanisms going forward.

There is an urgency to push these bills forward. Once MICA is complete at the end of May, countries around the world will have a working regulation process to finish their own testing of protocols and interface them on the Quantum Financial System.

At that point, we will witness the transition of our Global Economy transition into a Digital Financial System. This will reset many of the price actions on the markets and their correlating protocols with the banks. It will include all sectors of the market.   Youtube   Coindesk

© Goldilocks
~~~~~~~~~

Markup of H.R. 5535, H.R. 802, H.R. 7437, H.R. 7440, H.R. 7428, H.R. 4206, H.R. 4116. | Youtube

~~~~~~~~~

"There’s no plan for one massive ledger. Instead, there will be multiple unified ledgers. Tokenization reduces the need for messaging, cutting transaction delays, costs and reconciliations. By using smart contracts, programmability can enable automation, transforming the role of intermediaries to governance."

What is the concept of unified ledger?

"A Unified ledger brings together central bank digital currencies (CBDC), tokenized deposits, and tokenized assets onto common platforms."   Ledger Insights

~~~~~~~~~

UK Finance announced that the Regulated Liability Network (RLN) has entered a new phase of experimental trials in the UK. The RLN aims to create a common ‘platform for innovation’ including tokenized deposits (https://www.ledgerinsights.com/tokenized-deposits/) alongside conventional deposits using a shared ledger. All of the largest British banks are participating: Barclays, Citi, HSBC, Lloyds, NatWest, Nationwide, Santander, Standard Chartered, Virgin Money as well as card firms Mastercard and Visa.     Ledger Insights

~~~~~~~~~

World Economic Forum Announcement:

Today the World Economic Forum published a report on wholesale central bank digital currencies (wCBDC). The paper briefly summarizes many of the wCBDC initiatives and hones in on top level use cases and how a wholesale CBDC could address long standing industry challenges.  Ledger Insights

~~~~~~~~~

Transcript of Global Financial Stability Report April 2024 Press Briefing | IMF

~~~~~~~~~

BRICS Announcement:

“More than 40 states are applying for membership in BRICS. And every month the number of such countries increases. This indicates that such a free, flexible form of interaction within the BRICS is very attractive ,” the politician said. | TV Brics

~~~~~~~~~

PayPal's Stablecoin For Cross-Border Payments Is Big News | Payments Journal

~~~~~~~~~

The Powerful AI Shaping the World: Meet Aladdin | Thinkpol News

~~~~~~~~~

Liquidity from global equity markets fuelling fresh investment in gold |  Siasat Daily
~~~~~~~~~

~~~~~~~~~

“We expect the market to consolidate prior to the halving and then expect the overall bull markets to continue,” they added. Bitcoin halvings are programmed to occur automatically every 210,000 blocks — roughly every four years.   Mar 19, 2024 | The Block
~~~~~~~~~

"Bundesbank partners MIT for CBDC privacy research." | Ledger Insights

👆 More on this tomorrow...

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Tuesday Evening 4-16-24

Goldilocks' Comments and Global Economic News Tuesday Evening 4-16-24
Good Evening Dinar Recaps,

Yesterday, Hong Kong regulators adopted both spot Bitcoin ETF and spot Ether ETF. In 2021, mainland China and cryptocurrency trading was banned. Since that time, China has been working diligently to regulate this industry.

And now, China's largest family is in process of funding the above projects. "ChinaAMC, Harvest Global and Bosera International are among those that have been given the green light to issue ETFs."

China AMC is the first Exchange Traded Fund manager in China, and they are the investment manager of the Asian Bond Fund China Fund.

ETFs track a specific set of index assets allowing you to invest in many Assets in that particular sector. ETFs allow you to invest in a grouping of companies and digitize them in a group fund.

This process allows sectors of the market to be joined together in a single asset group class bringing the new digital economy inside the marketplace.

Goldilocks' Comments and Global Economic News Tuesday Evening 4-16-24
Good Evening Dinar Recaps,

Yesterday, Hong Kong regulators adopted both spot Bitcoin ETF and spot Ether ETF. In 2021, mainland China and cryptocurrency trading was banned. Since that time, China has been working diligently to regulate this industry.

And now, China's largest family is in process of funding the above projects. "ChinaAMC, Harvest Global and Bosera International are among those that have been given the green light to issue ETFs."

China AMC is the first Exchange Traded Fund manager in China, and they are the investment manager of the Asian Bond Fund China Fund.

ETFs track a specific set of index assets allowing you to invest in many Assets in that particular sector. ETFs allow you to invest in a grouping of companies and digitize them in a group fund.

This process allows sectors of the market to be joined together in a single asset group class bringing the new digital economy inside the marketplace.

Inside a Global Market, this allows Trading to take place between our Eastern countries and Western countries at the push of a button in a matter of seconds.

The Clearing House Interbank Payments System (CHIPS) is now ISO 20022 compliant allowing this Global messaging system to clarify trades between the East and the West going forward.

For large banking transactions in the US, CHIPS is the most used for trades in cross-border International trading.

This is why the Markets in Crypto Assets regulatory process ending by the end of May is so important. MICA will become the standard by which many countries formulate their own regulatory process in trade.

Ripple and the SEC are currently involved in final negotiations. It is expected that they will come up with an agreement to settle this week.

Ripple would allow settlement of trades to take place within seconds between the East and West through their Network.

So much is coming together at once. It is important that we put the pieces together to see how close we are to the ability to transact on the new QFS. Nothing can happen until all moving parts are working together.

Ripple has agreed to implement a new Stablecoin that represents the US dollar. This coordinated effort will allow Global trading systems to fulfill payment transactions through the XRP settlement coin within seconds.

The SEC has put Ripple through rigorous scrutiny for the last few years. It is basically a coin that has gone through the regulatory process already and awaiting it's approval to move forward on the International stage.

Stablecoin laws are already on the table in Congress to clarify new protocols inside the new digital asset based trading system. As we witness all of these coordinated efforts move into their implementation stage, it is important for us to recognize and acknowledge the work that has been done globally for the last decade or so to make this possible.

For the last 3 years, this room has witnessed our new QFS being built from the ground up. Our baby has grown up and getting ready to move out into the world.  CNBC  Esma Europa  Investopedia  Sortly  Linkedin      Wikipedia


© Goldilocks

~~~~~~~~~

Currently, our markets are moving into what is called a reflation trade. This happens when price actions begin to reflect more correlations with inflation prices than true fundamentals.

This is why we're having to realign or reset our markets along with banking system to synchronize our new Quantum Financial System with authentic values only Gold can provide.

When our new tokenized assets begin to reflect values based on gold prices, it will move our markets into authentic price actions going forward.  Barons

© Goldilocks

~~~~~~~~~

During Iraq's visit to the US, they talked about a comprehensive economic relationship. In essence, this is a free trade agreement.

A free trade agreement is cooperation between two countries that develops trade relations and investment opportunities on an International level.

Trade deals increase imports and exports between two countries. This has the ability to bring into line exchange rates accomplishing less risk on both parties normalizing their trade exchanges between each other.

In other words, a free trade agreement with Iraq would bring an equilibrium of exchange rates between our countries allowing this trade relationship to move our currencies into a real value between us.  Youtube    Carlson School   Trade   Small Business   Investopedia   Wikipedia

WATCH THE WATER.

© Goldilocks

~~~~~~~~~

Next Bitcoin Halving 2024 Date & Countdown [BTC Clock]

~~~~~~~~~

Ripple Vs. SEC Update: Expert Says Both Parties Have Reached A Settlement Agreement | Bitcoinist

~~~~~~~~~

Iraq maintains its 30th rank with the largest gold reserves - Iraqi News

~~~~~~~~~

 ~~~~~~~~~

👆 If risk in this market is not contained, we are going to see a meltdown. Thus, the reason why I shared with you the next 3 to 5 weeks will be a challenge for the market in finding new price patterns.

It is important to not get so fixated on what's going on with the market except for the debt sectors of the market. The real action is going on behind the scenes, and we cover that each day.

~~~~~~~~~

What Is Bitcoin Halving?

The Bitcoin Halving is when Bitcoin's mining reward is split in half. It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain's creators to continuously reduce the rate at which the cryptocurrency is introduced.

The first reward was 50 bitcoin. Previous halving dates were:
Nov. 28, 2012, to 25 bitcoins
July 9, 2016, to 12.5 bitcoins
May 11, 2020, to 6.25 bitcoins

The next halving is expected to occur in April 2024, when the block reward will fall to 3.125 BTC.

As of March 2024, about 19.65 million bitcoins were in circulation, leaving just around 1.35 million to be released via mining rewards.   Investopedia

~~~~~~~~~

RIPPLE XRP EU & U.K. ARE GETTING READY⚠️🚨XRP HOLDERS WILL GET RICH | Youtube

~~~~~~~~~

You Won’t Believe What Nostradamus Predicted For 2024! | Youtube

~~~~~~~~~

The US Commitment to Iraq is Revealed Iraqi PM Visits the White House | Youtube

~~~~~~~~~

Hearing Entitled: Agency Audit: Reviewing CFPB Financial Reporting & Transparency | Youtube

~~~~~~~~~

Ripple Proposes Native Lending Protocol to Expand XRP Earning Opportunities - Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News | Times Tabloid

~~~~~~~~~

RIPPLE XRP | BIS JUST ANNOUNCED THE NEW SYSTEM | PAY ATTENTION | Youtube

~~~~~~~~~

BIS Announcement of the new Financial System:

"Finternet: The BIS vision that underpins the Unified Ledger tokenization push" 
Ledger Insights

👆 more on this tomorrow...

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Monday Evening 4-15-24

Goldilocks' Comments and Global Economic News Monday Evening 4-15-24

Good Evening Dinar Recaps,

Bureau of Land Management Announcement:

The Bureau of Land Management insures that fair taxpayer return and accountability for oil and gas operations are adhered to on public lands.

The BLM entered their proposal into a final rule. This final rule goes into the Federal Register and cannot be implemented no sooner than 30 days from its publication.

The Final Rule is as follows...

* The Fluid Mineral Leases and Leasing Process rule.

"This rule reinforces the BLM’s leadership role in energy development by:

1 ensuring responsible leasing and diligent development to minimize conflicts with other resources while ensuring the BLM can continue to manage public lands for multiple uses;

2 implementing key fiscal reforms, including updating royalty rates, rental rates, and minimum bids on BLM-managed public lands; and

3 modernizing bonding requirements for leasing, development, and production to ensure taxpayers do not bear the cost of orphaned wells on public lands."

Goldilocks' Comments and Global Economic News Monday Evening 4-15-24

Good Evening Dinar Recaps,

Bureau of Land Management Announcement:

The Bureau of Land Management insures that fair taxpayer return and accountability for oil and gas operations are adhered to on public lands.

The BLM entered their proposal into a final rule. This final rule goes into the Federal Register and cannot be implemented no sooner than 30 days from its publication.

The Final Rule is as follows...

* The Fluid Mineral Leases and Leasing Process rule.

"This rule reinforces the BLM’s leadership role in energy development by:

1 ensuring responsible leasing and diligent development to minimize conflicts with other resources while ensuring the BLM can continue to manage public lands for multiple uses;

2 implementing key fiscal reforms, including updating royalty rates, rental rates, and minimum bids on BLM-managed public lands; and

3 modernizing bonding requirements for leasing, development, and production to ensure taxpayers do not bear the cost of orphaned wells on public lands."

As we transition into a cleaner environment, this set of rules has reached its final protocols in the oil and gas sector of our markets. It gives us a pathway forward in one of the largest sectors of our Market that needed to be transitioned on a Global scale.

Now, these updated guidelines on the infrastructure of oil and gas will allow Congress to enact new laws to guide future behavioral guidelines to ensure a cleaner environment going forward.  BLM 1  BLM 2

© Goldilocks

~~~~~~~~~

Ripple Stablecoin Announcement: Ripple is launching a dollar-backed stablecoin.

Although we do not have a formal announcement just yet, Ripple's new stablecoin is in process of being regulated through the European's MICA regulatory process.

It is in process of being reviewed through the SEC and CFTC as we speak. This new Stablecoin will have the full backing of the US Treasury and other asset support in the US.

The ability to use this bridge asset in cross border international trading will allow the Stablecoin's representation of the US dollar to be put on a Level Playing Field with other countries in Global Trade. It will allow us to remain in Global Trade without having to sign over our Sovereignty to other nations to do our bidding for us.  Coin Telegraph

This new Ripple Stablecoin will be backed by specifically:

* U.S. DOLLAR DEPOSITS
* SHORT-TERM U.S. TREASURIES
* OTHER CASH EQUIVALENTS

© Goldilocks

👆 I guess having to sign the BRICS Nations treaty will no longer be necessary for us.   😉

~~~~~~~~~

The conflict in the Middle East is expected to crash the crude oil Market in the Strait of Hormuz.


I like to think of a crash as moving into real values as shifts in our Global Economy are currently taking place especially in the energy sector of our Market.

You can expect volatility in the next 3 to 5 weeks and with the oil markets. The Middle East is beginning to utilize their own currencies instead of the Petro Dollar in Trade making the dollar lower in its value as oil prices rise to their new values based upon new Global Trade relations within local currency support mechanisms.

This shift is taking place as new laws are going into effect in our own oil markets here in the United States. It is why the movement into electronic cars,  uranium, and other resources are so important to develop.

The Oil Market is a massive transition point for the Global Economy. These events not only affects the price of the dollar, but it will begin to affect the prices on many of the currencies people hold going forward.

As our markets move into real values these next three to five weeks, we are expecting a shift in Global patterns regarding our virtual assets at the same time.

When we reach June, the US Federal Reserve Board is expected to lower interest rates raising the value of our gold and tokenized assets, along with stablecoins, backed by gold support mechanisms for the new digital economy.   CNBC   Linkedin   Youtube

Can you see this synchronicity in all of this yet? Many resets are taking place all at once.

© Goldilocks

~~~~~~~~~

The Real Estate and Commercial Markets are currently going through a major reset.

These assets are being Tokenized by Gold making them no longer a liability, but an asset that would otherwise account for a downfall in commercial Real Estate prices.

They will go to a real value, but it will be based upon new price measurements under Gold Standard Protocols.      Chain Link   N26


© Goldilocks
~~~~~~~~~

👆The effects of Evergrande, on the Global Markets, may have just found it's saving grace.

~~~~~~~~~

Breaking News:

Hong Kong Bitcoin ETF and Ethereum ETF has just been approved.

© Goldilocks

~~~~~~~~~

With all of the Middle Eastern tensions taking place at the current time.

What do you think would happen if these countries were to buy their own bonds instead of US bonds?


You do the math.

© Goldilocks

~~~~~~~~~

What happens if Ripple becomes its own bank as a bridge asset?

What if this currency becomes part of the Special Drawing Rights basket of currencies with the IMF?

Can you say World Reserve Cryptocurrency!   IMF   Investopedia

© Goldilocks

~~~~~~~~~

Breaking News:

Hong Kong Bitcoin ETF and Ethereum ETF has just been approved.  
CNBC

© Goldilocks

~~~~~~~~~

~~~~~~~~~

The 'opportunity of a lifetime' may unfold for gold and silver this week, - MarketWatch  

~~~~~~~~~

US CFTC unveils plan to treat ag swaps like others | Reuters   

~~~~~~~~~

LONDON (Reuters) - Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the world, the head of the global central bank umbrella body, the Bank for International Settlements, warned on Wednesday.

While countries generally have laws on banknotes, coins and credit balances, an IMF paper in 2020 showed that close to 80% of central banks are either not allowed to issue a digital currency under their existing laws, or the legal framework is unclear.   Finance Yahoo

~~~~~~~~~

Federal Reserve Vice Chair Lael Brainard issued a reality check on those awaiting a digital dollar, saying that creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years.    Finance Yahoo

~~~~~~~~~

According to the latest data from the U.S. Commodity Futures Trading Commission (CFTC), the speculative net positions in the silver market have increased to 53.2K. 

This marks a slight uptick from the previous reported figure of 53.1K, indicating a growing interest in silver among market participants.The CFTC’s report provides valuable insights into the market sentiment and positioning of investors in the silver market.

With the recent increase in speculative net positions, it suggests a positive outlook on silver prices among traders.Investors and analysts closely monitor these reports to gauge market sentiment and make informed decisions on their trading strategies.

The data was last updated on 12 April 2024, providing a snapshot of the current market dynamics in the silver sector.The material has been provided by InstaForex Company    InstaForex

~~~~~~~~~

BREAKING NEWS Iraqi PM in Washington DC 2 | Youtube

~~~~~~~~~

Zimbabwe's New Currency Update Rate 13.56 GiZ to $1.00 | Youtube

~~~~~~~~~

Dee and I are in the process of setting up a meeting with our CBI Banker contact, who now has leadership ties to the Foreign Remittance Department in Iraq, on changes taking place inside their gold market. Gold is rising in Iraq.


© Goldilocks

☝️MESSAGE FROM FREEDOM FIGHTER ON THIS ANNOUNCEMENT

~~~~~~~~~

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Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24

Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24

Good evening Dinar Recaps,

Yesterday – Isreal    2 m ago   15:32   Shortly before news that Iran had started firing drones at Israel, a short video speech by Benjamin Netanyahu was posted on his X handle. There, the prime minister said Israel had been preparing for years for a possible direct attack by Iran and its defense systems were deployed and prepare for any scenario. Here’s a link to that video and the official translation that accompanied it. 
~~~~~~~~~

Yesterday – Isreal   Israel war updates: Iran launches drones at Israel as tensions soar.  Iranian forces seize ship with ties to Israel in Strait of Hormuz amid escalating tension. |

~~~~~~~~~

BREAKING: Iran Launches Strikes On Israel (Brace For Surging Oil!) | 

~~~~~~~~~

Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24

Good evening Dinar Recaps,

Yesterday – Isreal    2 m ago   15:32   Shortly before news that Iran had started firing drones at Israel, a short video speech by Benjamin Netanyahu was posted on his X handle. There, the prime minister said Israel had been preparing for years for a possible direct attack by Iran and its defense systems were deployed and prepare for any scenario. Here’s a link to that video and the official translation that accompanied it. Bloomberg
~~~~~~~~~

Yesterday – Isreal   Israel war updates: Iran launches drones at Israel as tensions soar.  Iranian forces seize ship with ties to Israel in Strait of Hormuz amid escalating tension. | USA Today

~~~~~~~~~

BREAKING: Iran Launches Strikes On Israel (Brace For Surging Oil!) | Youtube

~~~~~~~~~

Thus, nations that are actively at war experience a higher level of currency volatility compared to those not engaged in conflict.  How global events affect the forex market. | Investopedia

~~~~~~~~~

You have heard me say it before. Currency values have been known to change during wartime throughout history. Is history about to repeat itself? We are about to find out.

© Goldilocks

~~~~~~~~~

Gold & silver breaking out! | Youtube

~~~~~~~~~

"Focused on economic reforms. Sudanese: The goal of our visit to Washington is to activate the strategic framework agreement" | Search 4 Dinar | US Embassy

~~~~~~~~~

"'China is about to start bidding' — Will Hong Kong Bitcoin ETFs spark the halving rally?"

The approval of Hong Kong's spot Bitcoin ETF this week is expected to be a catalyst for Bitcoin adoption and a huge driver of Bitcoin's price going forward.

This week is the Bitcoin halving. It will cut the supply of this cryptocurrency in half creating a scarcity effect making this asset "Digital Gold."

When the price of Bitcoin goes up, it is long been known that the rest of the cryptocurrencies on the market begin to rise along with it.

Hong Kong is expected to approve both Bitcoin ETF and Ether ETF on April 15th, 2024. This is tomorrow.

The ability to move money from the East to the West digitally at prices raising to their real values backed by gold and other commodities inside these tokenized assets is about to change the business world forever.

This is a historical event of unlimited magnitudes making its way into our banking system and trading system. It will change the way we do business and our way of living in countless ways.

The transition of our new Financial System in terms of International status and ability to move money is about to make history.

From Wall Street to the Shanghai Exchange, the new Digital Asset Based Trading System is creating a foundation for a new digital economy.  Coin Telegraph   CNBC

Buckle up, the plane in the world of Global Digital Financing is about to take off.

"All roads lead to gold, and "digital gold" will set us free."

© Goldilocks
~~~~~~~~~

"Shanghai exchange sets trading limits on gold, copper futures as prices rally"

This past week, there was a huge rally in Gold and Copper. It was so great that limits had to be applied on its growth potential in the Future's Market.

Also, limits were placed on the Oil Market as well during this process. The Energy Transition is expected to be volatile, and trading limits such as these are temporarily applied to keep speculators from taking advantage of spot prices that can influence the price on the movement in these assets slowing the process down.

This tells us that the Banking, Markets, and Commodity sectors of the Market are preparing for our Energy Transition with actual steps showing us their intention for its fulfillment.

These new critical measures will create new paths and new price pressures on the Commodity Markets. Their price controls will enable a reset in the Bull run of our Metal Markets to take place efficiently and effectively.

This is a good indicator that our transition from the Stock Market to the Commodity Market is about to commence.  Economic Times

"All roads lead to gold, and 'digital gold' will set us free."

© Goldilocks

~~~~~~~~~

There are three sectors of the Market I have been watching on the US Debt Clock: oil, gold, and silver.

The "oil to solar" power has been filled in at this time. You just can't make these coincidences up.  US Debt Clock

© Goldilocks
~~~~~~~~~

~~~~~~~~~

The current growth wave can be broken down into two drivers. The first is the demand for Bitcoin and Ethereum. | FX Empire

~~~~~~~~~

Ripple vs SEC: Parties File Joint Sealing Proposal | CNN

~~~~~~~~~

Commercial Real Estate loans amount to about $5 trillion. Not all CRE sectors are in trouble. At one end of the spectrum: Industrial is still in good shape. At the other end of the spectrum: office is in terrible shape. Somewhere in the middle: There have been some big defaults in multifamily, but the sector is in much better shape than office.  |  WolfStreet
~~~~~~~~~

~~~~~~~~~

MARKETS A LOOK AHEAD: NOW... EXPECT A DIRECT "ATTACK" (FF) ON THE US. Mannarino | Youtube

~~~~~~~~~

We have a number of potential catalysts this week to shake up the markets.

© Goldilocks

~~~~~~~~~

The Central Bank of Iraq decided to approve a request to extend the deadline for receiving requests from brokerage companies to buy and sell foreign currencies of category ( C ) through the merger. | CBI
~~~~~~~~~

From Gold or Copper, Commodities Are 'Best Play' Amid Huge Gains | Business Insider

~~~~~~~~~

Amazon Pay plans to offer credit on UPI  |  Financial Express

~~~~~~~~~

America’s Bonds Are Getting Harder to Sell - WSJ

~~~~~~~~~

Zimbabwe new currency faces odds amid economic woes - The East African

~~~~~~~~~

US consumer sentiment declines in April, inflation expectations rise | Business Standard

~~~~~~~~~

The London Metal Exchange banned deliveries of any Russian supplies of aluminum, copper and nickel.

Many are underestimating the implications of this.

Russia represents:

- 6% of global nickel supply
- 5% of aluminum
- 4% of copper

The metals world is changing.

Read: https://x.com/goldtelegraph_/status/1779592521011839080?s=46

~~~~~~~~~

Russia holds the second largest mine gold reserves worldwide.  | Statista
~~~~~~~~~

It Happens In 5 days...  |  Youtube

~~~~~~~~~

Anyone who does not believe that cryptocurrency has anything to do with the new Digital Banking System is in the Dark Ages.

After next week, we are going to see massive adoption of Bitcoin ETF and Ethereum ETF beyond just the United States of America Markets.

The new drivers of the new economy are Bitcoin and Ethereum at this point, this does not mean they will hold that position over time. It just means they are the first movers.

The liquidity that is about to come in the cryptocurrency market through this Bitcoin halving cannot be understated.

We are witnessing our bridge into the new Digital Banking System. As I have stated before, this is the first RV we are currently and still moving into at this point. This is Phase 1.

Phase 2 will encompass many changes to the Gold and Silver Markets going forward that will support and back our second RV. Our paper currency.

Credit Valuation Adjustments will be taking place on every level of our new Financial System going forward.

Remember, the new Financial system has many layers to it. Each layer stacks one on top of the other to support each other. The moment of truth is here. As one Financial System falls, the building blocks to the new Digital Economy are about to be tested.

This Bitcoin halving will make this asset scarce. The week ahead of us will have many volatile moments in digital assets ending in the culminating event of a halving for Bitcoin. You will hear many people refer to this week's events of turning our Digital Economy into Digital Gold.

© Goldilocks

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

 Goldilocks' Comments and Global Economic News Friday Evening 4-12-24

 Goldilocks' Comments and Global Economic News Friday Evening 4-12-24
Good evening Dinar Recaps,

Reserve Bank of India Announcement:


India's recent rollout of their Unified Payments Interface (UPI) service this year has been revealing some gaps in their Forex Market.

To fix this issue, a new rule was placed on the Indian Rupee causing concerns through speculators on the price of its value. And,

The RBI is working on:
* Unauthorised FX platforms
* Inadequate price transparency
* Access to government securities
* Encouraging more global participation by Indian players.

The Reserve Bank of India is in process of reforms that will help bridge some of these gaps in the Retail Market.   Several countries around the world utilize the service in foreign currency exchange, and the revamping of their service will help it move more smoothly with more accuracy.  Inc42   Livemint

© Goldilocks

~~~~~~~~~

 Goldilocks' Comments and Global Economic News Friday Evening 4-12-24
Good evening Dinar Recaps,

Reserve Bank of India Announcement:

India's recent rollout of their Unified Payments Interface (UPI) service this year has been revealing some gaps in their Forex Market.

To fix this issue, a new rule was placed on the Indian Rupee causing concerns through speculators on the price of its value. And,

The RBI is working on:
* Unauthorised FX platforms
* Inadequate price transparency
* Access to government securities
* Encouraging more global participation by Indian players.

The Reserve Bank of India is in process of reforms that will help bridge some of these gaps in the Retail Market.   Several countries around the world utilize the service in foreign currency exchange, and the revamping of their service will help it move more smoothly with more accuracy.  Inc42   Livemint

© Goldilocks

~~~~~~~~~

Can Ripple's XRP Be a Gold-Backed Stablecoin? Black Swan Capitalist Predicts | Binance

As you can see from this chart, Stablecoins in different countries have different names that define and reference their use because of them.

The BIS is calling on countries to come up with a similar reference point that will bring into alignment their ability to trade with one another. How these countries' digital coins, that represent their currency, will help in the measurement of their worth in trade going forward.

These measures include:
* licensing
* reserve asset management
* redemption rights
* capital adequacy
* consumer protection, governance
* risk management
* cyber security
* anti-money laundering

Basically, the BIS is asking countries to come up with a "Mission Statement." A mission statement will help these countries have a common goal and purpose for their existence. It will help to define their culture, goals, and values.  BIS

© Goldilocks

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"CHINA MAINLAND OPENS UP REPO MARKET TO MORE OFFSHORE INVESTORS"

A Repo Market is the ability to secure a loan and repay it the next day with interest building capital for the investor who place bids on these assets in the Chinese Market.

China is beginning to open their Market to offshore accounts desiring to trade with them. Many traders are seizing this opportunity with China's connection to the BRICS Nations and their continued desire to support their economy by gold.

These actions make their Market an appealing place to trade due to a growing return on investment that used to not be in play making their markets appealing to Global Investors. Regulation Asia  Investopedia KWN

© Goldilocks

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The demand for fossil fuel is waning as the demand for silver is beginning to rise. Solar power and electric vehicles will be the driving force on the price of silver going forward.

Silver is used to prop up the banking system, and we now have silver shorts taking place that will begin to eat up its profits on this monetary metal.

The transition into renewable energy has begun. Many energy reforms have been in process these last few years with oil and solar power.

Look for a bull run in the commodity sector of our Market to begin moving our economy forward at any moment. Some would say that it has already begun, but you have not seen anything yet. Economic  Times   FX Street

© Goldilocks

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Silver price cannot be capped! | Youtube

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MESSAGE FROM SAM OLIVER ON SILVER

 MP3 AUDIO

Recording Attached below-

 

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Gold on the Blockchain? Russia’s Surprise Move! | Youtube

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Dfinity Foundation Launches Onchain Accelerator Platform – Blockchain Bitcoin News

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Stablecoins Seeing Adoption Cross-Border Settlement Mechanism | Bitcoin World

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Prudential Regulation Authority Business Plan 2024/25 | Bank of England

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline

Goldilocks' Telegram Room

Q & A Telegram Room

Goldilocks on the Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

Read More