Goldilocks' Comments and Global Economic News Sunday Evening 1-14-24
Goldilocks' Comments and Global Economic News Sunday Evening 1-14-24
Good Evening Dinar Recaps,
"The IIA Releases New Global Internal Audit Standards to Lead Profession into the Future"
The Institute of Internal Auditors has a long history of auditing Financial Industries. It provides internal audits regarding principles, compliance issues, and proposals for implementation in a streamlined format.
This auditing system began the first day of this year and will run until the end of the year and following. It determines sanction procedures, as well as, moving Financial structures into new directions.
It is clear that our QFS is up and running. Since the beginning of the year, we have added reporting procedures and now auditing protocols to our new digital asset-based trading system.
As we approach, Basel 3 final guidance on January 16th implementation and Protocol 20 on January 30th, we are about to be well on our way to a systematic approach designed to self-check itself on a global scale.
© Goldilocks
Goldilocks' Comments and Global Economic News Sunday Evening 1-14-24
Good Evening Dinar Recaps,
"The IIA Releases New Global Internal Audit Standards to Lead Profession into the Future"
The Institute of Internal Auditors has a long history of auditing Financial Industries. It provides internal audits regarding principles, compliance issues, and proposals for implementation in a streamlined format.
This auditing system began the first day of this year and will run until the end of the year and following. It determines sanction procedures, as well as, moving Financial structures into new directions.
It is clear that our QFS is up and running. Since the beginning of the year, we have added reporting procedures and now auditing protocols to our new digital asset-based trading system.
As we approach, Basel 3 final guidance on January 16th implementation and Protocol 20 on January 30th, we are about to be well on our way to a systematic approach designed to self-check itself on a global scale.
© Goldilocks
The IIA Link
SanctionScanner Link
The IIA US Link
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Banking Announcement:
On 11 December 2023, Treasury and the IRS issued Notice 2023-80 (the “Notice“), which represents the US government’s first attempt to address the US federal income tax implications of Pillar Two. The Notice provides guidance on certain foreign tax credit and dual consolidated loss issues that arise in the context of Pillar Two. The Notice also extends the period of relief for the 2021 final foreign tax credit regulations until more guidance is issued. John Barlow, Rafic Barrage, Ethan Kroll, Sam Pollack and Steven Smith analyze the guidance in Notice 2023-80: When the US Tax Code Meets Pillar Two, as first published in the December 2023 issue of Tax Management International Journal.
To read Notice 2023-80: When the US Tax Code Meets Pillar Two, please click below.👇
Notice 2023-80: When the U.S. Tax Code Meets Pillar Two
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"The Federal Reserve is unlikely to extend its Bank Term Funding Program, the central bank’s vice chair for supervision, Michael Barr, inferred Tuesday while speaking at an event for Women in Housing and Finance. The Fed launched that emergency lending facility last year amid the collapses of Signature and Silicon Valley Bank. It is set to expire March 11."
We talked about this last week. The safety net for the old banking system of emergency funding will be over on March the 11th, 2024. We are expected between now and then to make adjustments inside our new Digital Asset Based Trading System and new Capital requirements to be up and running well.
These changes could cause fluctuations in the market we have not seen in a long time, but these shifts will be adjusted through new Basel 3 final guidance on our new tokenized assets interfacing together with banking systems and financial institutions all over the world.
This is not an overnight process and could take well into this year for many assets to shift into new prices based on new banking protocols.
Look for price pressures to cause new valuations going forward. It is a process expected to happen over time leading to a culminating event of weighing the market and its new values on a fixed rate of gold.
© Goldilocks
Banking Dive LInk
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Fed Reports Operating Loss of $114 billion for 2023, as Interest Expense Blows Out | Wolf Street
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Google launched several new tools for retailers using generative artificial intelligence to improve online shopping experiences and other retail operations, its cloud business announced in a release Thursday.
CNBC Link
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China is using AI and 3D printing to build a 590-foot-tall dam without the need for human workers, scientists say | Business Insider
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In a significant shift, Norwegian Cruise Line (NCL) has announced it will cease foreign currency exchange services aboard its vessels from February 1, 2024. The change mandates the use of the U.S. dollar for all onboard transactions, impacting the way international travelers manage their finances while at sea.6 hours ago https://www.cruisehive.com › norw...
Norwegian Cruise Line Discontinues Currency Service
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Look for several Market adjustments to take place as capital requirements under Basel 3 get implemented between now and March the 11th, 2024.
From that moment forward, the emergency funding program to protect our markets from the old Financial system will fall away.
We will be on a new digital banking system guided by new protocols under gold as a tier-one asset.
© Goldilocks
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Watch the Debt Clock at 6pm ET tonight! A Secret Message appears every Sunday, Tuesday, and Thursday at 6pm ET. Join the discussions in the SOWT's Living Room as we try to decode the message!
Discussions ON THE DEBT CLOCK Topic begin at 6pm ET
Join in the fun with your decoding ideas.
While the Debt Clock topic is being discussed please stay on topic. Off topic comments during this time are subject to being removed. Thank you
The Living Room Link
The Debt Clock Link
The Debt Clock on the SOWT Website
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Goldilocks' Comments and Global Economic News Saturday Evening 1-13-24
Goldilocks' Comments and Global Economic News Saturday Evening 1-13-24
Good Evening Dinar Recaps,
For the first time in 45 years, US Treasuries have more of a downturn volatility risk potential than gold. This is why we are moving to Basel 3 compliance in our banking system.
Monetary gold now qualifies as a Tier 1 asset, and it is 100% valued for the purposes of bringing stability to the banking system.
On January the 16th, 2024 we move to the final rule stage of Basel 3 compliance in our banking system. At this time, final guidance will be given on Capital requirements held in the banking system in terms of gold and other assets to support it.
Gold will set us free.
© Goldilocks
Goldilocks' Comments and Global Economic News Saturday Evening 1-13-24
Good Evening Dinar Recaps,
For the first time in 45 years, US Treasuries have more of a downturn volatility risk potential than gold. This is why we are moving to Basel 3 compliance in our banking system.
Monetary gold now qualifies as a Tier 1 asset, and it is 100% valued for the purposes of bringing stability to the banking system.
On January the 16th, 2024 we move to the final rule stage of Basel 3 compliance in our banking system. At this time, final guidance will be given on Capital requirements held in the banking system in terms of gold and other assets to support it. The New Tier 1 Asset? PinnacleDigest Link
Gold will set us free.
© Goldilocks
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Bitcoin is a convertible virtual currency. This is why we witnessed gold beginning to track Bitcoin on the first day of its introduction (ETF) onto the markets.
Gold tracks currency. Be it cryptocurrency or paper currency, gold will support them as an underlying asset. In the new economy, tokenized assets are supported by gold and other commodities. This will give us a stabilizing effect capable of deflating and inflating the economy through gold.
Back to currencies and cryptocurrencies, we are about to witness more tokenized assets and ETFs come on board with the new digital asset-based trading system. Some of these new assets will be Stablecoins.
Stablecoins are representations of our paper currencies and digital values inside the new payment systems we will be utilizing. Yes, they will be tracked and supported by gold giving them a stronger value.
Gold serves as a hedge for declining currencies and issues with inflation. When Stablecoins begin to make their way into this new Digital Market, it will be important to keep our eyes on their relevance to our paper currencies. Gold as a strategic asset - Reuters
© Goldilocks
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The ERC-7265 token standard proposes adding a “circuit breaker” mechanism to DeFi protocols to stop the transfer of Ethereum-based tokens in the event of a hack. CoinDesk Link
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FED LEAK: This Is a GAMECHANGER for Gold & Silver - Andy Schectman
https://www.youtube.com/watch?v=YNOH_QETImc
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Government shutdown looms as lawmakers battle over immigration - FOX19 Link
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New ETF Banking Announcement:
JPMorgan Active Bond ETF (JBND) is expected to begin trading in February.
J.P. Morgan Asset Management today announced its intent to transfer the exchange listing the JPMorgan Active Bond ETF (NYSE: JBND) to the New York Stock Exchange (NYSE) from NYSE Arca, effective January 30, 2024.
J.P. Morgan Asset Management to Transfer JPMorgan Active Bond ETF (JBND) to NYSE from NYSE Arca PR Newswire
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Judge Approves Settlement: Binance to Pay $1.5 Billion to CFTC, CZ to Pay $150 Million Fine Crypto News
The Expertise Advisory Committee of the US Commodity Futures Trading Commission(CFTC) has taken a big step in addressing the challenges posed by decentralized finance (DeFi) by voting to submit a report urging the federal government and trade to prioritize understanding and regulating the sector.
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Top 10 Artificial Intelligence Technologies In 2024 | AI Tools
Artificial Intelligence is the simulation of the pretense of human intelligence processes by machines, particularly computer systems. Though the term Artificial Intelligence has been around for more than 50 years, it was 20 years before the world began to understand its massive potential. Artificial intelligence has various applications like Simulation, Natural Language Processing, Speech Recognition, and Robotics.
There has been a constant development in the Artificial Intelligence field, and the growth is aggressive. Today, Artificial Intelligence is everywhere. So, learning about Artificial Intelligence technologies will help you stay up-to-date. This Artificial Intelligence technologies blog will explore some famous technologies like Natural Language Processing, Robotic Process Automation, etc.
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Last November the BIS Innovation Hub revealed it was planning a project with the Swiss National Bank and the World Bank to tokenize promissory notes. Yesterday it provided a few details, including the project’s name, Promissa, and a target deadline of early 2025 for completing the proof of concept.
The IMF will participate as an observer.
Today promissory notes are largely paper-based, but the objective isn’t purely to digitize them. Using a distributed ledger will create a single source of truth and provide an overview for all parties. So countries that make financial commitments to the World Bank, the IMF and potentially other institutions can see all their outstanding promissory note commitments in one place. And the World Bank can also have a single view of all the promissory notes.
BIS, World Bank, Swiss National Bank to Tokenize Promissory Notes - Ledger Insights 1
BIS, World Bank explore tokenizing promissory notes for development funds - Ledger Insights 2
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SOUND 2024 OUTLOOK FOR GLOBAL BANKING, BUT KEY DOWNSIDE RISKS LIKELY TO PERSIST - International Banker
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Creation of minerals “Super Region” could make Africa, Middle East and South Asia global leaders in energy transition | African Mining Market
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Saudi Arabia signs mining deals with four nations - Mining Technology
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#JimWillie : #Gold Is Replacing Treasuries As Store of Value NOW
https://youtube.com/shorts/Zl7lDMc0rf4?feature=shared
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Goldilocks' Comments and Global Economic News Thursday Evening 1-11-24
Goldilocks' Comments and Global Economic News Thursday Evening 1-11-24
Good Evening Dinar Recaps,
Today, spot Bitcoin ETF will begin Trading on the Global Markets. Yesterday's announcements and official adoption of Bitcoin ETFs and today's official launching of this new asset class marks the beginning stages of our new digital economy.
We are witnessing history in the making, and a new Global Economic pathway into the future. A spiritual corridor has been opened within the hearts and minds of the human race allowing access to parts of ourselves never accessed before.
It is in our creative endeavors such as these that access the highest aspects of our human potential.
We are witnessing the evolution of humanity as we embark on a journey uniting both Heaven and Earth.
May God Bless us as we move forward into the great unknown, and may we always hold fast to the notion that none of us ever walk alone.
© Goldilocks
Goldilocks' Comments and Global Economic News Thursday Evening 1-11-24
Good Evening Dinar Recaps,
Today, spot Bitcoin ETF will begin Trading on the Global Markets. Yesterday's announcements and official adoption of Bitcoin ETFs and today's official launching of this new asset class marks the beginning stages of our new digital economy.
We are witnessing history in the making, and a new Global Economic pathway into the future. A spiritual corridor has been opened within the hearts and minds of the human race allowing access to parts of ourselves never accessed before.
It is in our creative endeavors such as these that access the highest aspects of our human potential.
We are witnessing the evolution of humanity as we embark on a journey uniting both Heaven and Earth.
May God Bless us as we move forward into the great unknown, and may we always hold fast to the notion that none of us ever walk alone. Reuters Link
© Goldilocks
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The Financial Services subcommittee has issued an official statement regarding digital economic adoption and stablecoin payment implementation in the United States.
It is increasingly clear as we have been stating in this room that the United States of America is embarking upon a new Digital asset-based Trading System supported by the Commodities Market.
Our new tokenized assets going forward will be coordinated with new Basel 3 compliant Banking Protocols. A Gold Standard set of rules and regulations will begin to guide this process as further benchmarks are achieved to solidify this new Global Financial System.
© Goldilocks
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Economic Sanctions: Agency Efforts Help Mitigate Some of the Risks Posed by Digital Assets | U.S. GAO
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The FDIC, Federal Reserve and Office of the Comptroller of the Currency today jointly released a prerecorded, one-hour webinar on the final rule to modernize regulations implementing the Community Reinvestment Act. The video provides an overview of the rule and its objectives. Additional topics in the recording include assessment areas, community development, evaluation framework, performance tests, ratings, data collection and reporting and applicability dates.
https://bankingjournal.aba.com/2024/01/banking-agencies-release-video-on-community-reinvestment-act-rule/
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Are Hopes of Lower Mortgage Rates Freezing Up the Market Further? Buyers’ Strike Continues | Wolf Street
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The Central Bank of Russia issued into circulation on 10/16/2023 the new banknote in denomination of (5000) rubles, with an indication that the old issue of the same denomination is still in circulation and has the power of exoneration and legal presentation.
(A new banknote of 5000 Russian)
https://cbi.iq/news/view/2499
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The FDIC, Federal Reserve and Office of the Comptroller of the Currency today jointly released a prerecorded, one-hour webinar on the final rule to modernize regulations implementing the Community Reinvestment Act. The video provides an overview of the rule and its objectives. Additional topics in the recording include assessment areas, community development, evaluation framework, performance tests, ratings, data collection and reporting and applicability dates.
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Do you see it? Gold and Bitcoin are tracking one another.
© Goldilocks
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With Gold tracking Bitcoin, it will add stress to the Commodities Market.
Gold knows what it's doing. It is the bridge into the next economy that we are now crossing over into at this time.
Gold works miracles under pressure.
All roads lead to gold, and gold will set us free.
© Goldilocks
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Below is a list of Bitcoin EFT’s and their ticker symbols.
Blackrock's iShares Bitcoin Trust (IBIT)
ARK 21Shares Bitcoin ETF (ARKB)
WisdomTree Bitcoin Fund (BTCW)
Invesco Galaxy Bitcoin ETF (BTCO)
Bitwise Bitcoin ETF (BITB)
VanEck Bitcoin Trust (HODL)
Franklin Bitcoin ETF (EZBC)
Fidelity Wise Origin Bitcoin Trust (FBTC)
Valkyrie Bitcoin Fund (BRRR)
Grayscale Bitcoin Trust (GBTC)
Hashdex Bitcoin ETF (DEFI)
© GM
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All of these new ETFs that are tokenizing our assets on the market will create price pressures for gold.
No one knows for sure if Ripple is the next one in line, but they are expecting more.
Each one will cover more and more sectors of the market including Forex. As we all know, we have been studying these tokenized assets and know that gold will support the ones chosen for the new digital economy.
Each step along the way will create new valuations on the market under a new set of Basel 3 guidelines.
This is how our markets will formulate new values across each sector of the digital market.
Can you say float?
© Goldilocks
https://thecryptobasic.com/2024/01/11/top-experts-say-xrp-etf-is-next-with-bitcoin-etf-approved/
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Look for Stablecoins to begin making headline News soon.
Goldilocks
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Goldilocks' Comments and Global Economic News Saturday Evening 12-30-23
Goldilocks' Comments and Global Economic News Saturday Evening 12-30-23
Good Evening Dinar Recaps,
The articles below go into great detail about aspects of Maritime Shipping Industry routes that have been broken for some time.
Several are currently being built and rebuilt and will be stronger than ever as shipping routes from the East to the West are being reset. For example, Iraq has a new shipping port that will take away some of the pressures of some ports across the world.
We have talked about several routes these past few years that are being created to carry cargo ships filled with goods to areas of the world forging new pathways into the future and into the new digital economy.
These new passageways will create less of a bottleneck and more of an even flow in the movement of goods across the world as well as a Level Playing Field monetarily.
Goldilocks' Comments and Global Economic News Saturday Evening 12-30-23
Good Evening Dinar Recaps,
The articles below go into great detail about aspects of Maritime Shipping Industry routes that have been broken for some time.
Several are currently being built and rebuilt and will be stronger than ever as shipping routes from the East to the West are being reset. For example, Iraq has a new shipping port that will take away some of the pressures of some ports across the world.
We have talked about several routes these past few years that are being created to carry cargo ships filled with goods to areas of the world forging new pathways into the future and into the new digital economy.
These new passageways will create less of a bottleneck and more of an even flow in the movement of goods across the world as well as a Level Playing Field monetarily.
Look for new price pressures to form because of these changes along with exchange rates to meet the needs of our new Global Economy.
As more and more countries begin to trade with their own local currencies, new price patterns will come with new demands on them.
New contracts and payment agreements are already being signed across the world as we speak. In 2024, many of these new changes will go into effect.
Watch the water.
© Goldilocks
Chem Analyst Link
Economic Times India Link
Hellenic Shipping News Link
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Basel III endgame: 5 things to watch in 2024 American Banker Link
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Why January Could Be a Good Month for Gold OilPrice Link
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Banking Announcement:
Based on feedback to a Jan 2023 consultation paper, Bank Indonesia has decided to proceed with a series of experiments to develop a digital rupiah. RegulationAsia Link
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NEW YORK/LONDON, Dec 29 (Reuters) -"The dollar edges higher on Friday, but it is set to end 2023 with its first yearly loss since 2020 against the euro and a basket of currencies, on expectations the U.S. Federal Reserve will begin cutting rates next year as inflation moderates."
It is more than just this statement claimed in this article. Many countries have already begun utilizing their own local currency instead of the dollar in trade.
This trend is expected to continue in 2024 as the realignment of currencies across the board is expected to share new demands on the purchase of goods in trade by the countries who are offering them.
These new demands will create interest and money flow inside these countries utilizing their own currencies and price pressures will be forthcoming.
© Goldilocks
XM Link
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Tokenizing Real World Assets (RWAs) will unlock a new “Golden Age” in blockchain and traditional finance, according to British-Venezuelan researcher and lecturer Carlota Perez. Tech Node Link
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IRS ‘Pay Up’ Letters Start Arriving in Millions of Mailboxes Next Week
Starting next week, the Internal Revenue Service will resume sending a “special reminder letter” to millions of Americans about their unpaid tax bills, ending a nearly two-year hiatus for the mailings during the pandemic. https://themessenger.com/business/irs-unpaid-taxes-collection-notices-resume-pandemic
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South Africa’s envoy says BRICS is set to double as Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt will join on January 1
Here comes 2024
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"Iraq Stock Market Report · ISC approved the listing and trading of reconstruction bonds which was issued on 10/10/2023 by the Ministry of Finance, ..."
Reconstruction Bonds will raise Capital funds for the country of Iraq and insure liquidity for the banking system, merchants, and the people as they continue to build and grow their economy.
Reconstruction bonds are considered the Secondary Market where currency trades take place. These new listings on the Iraqi Stock Market will go to help improve the infrastructure of Iraq and strengthen its economy locally and abroad.
Iraq is rapidly becoming a self-sustaining economy capable of reaching out to the International Markets once again. Their new digitized shipping ports will bring in revenue as well as expand the use of their currency going forward.
© Goldilocks
MENA FN Link
American Legal Code Library Link
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"China to lower dollar, euro weightings in CFETS yuan basket index in 2024"
This will open up more room for the growth of the Chinese Yuan. It is an indication that the Chinese Yuan is being traded more and being given a higher weight in its value.
It is one of many economic mechanisms that are showing the need for adjustments to new values. These actions are one of many signs that a reset in currency values is on its way.
© Goldilocks
Kitco Link
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International Bank Transfers (Clearly Explained)
"In most countries, there are no legal limits on currency exchange."
"The UK, US, Canada, Australia, NZ, and the countries in the EU have no restrictions on the maximum size of an international bank-to-bank money transfer."
So there you have it. There are no legal limits in most countries including the US for a bank-to-bank transfer of money.
This is a simple bank exchange, my friends.
© Goldilocks
https://www.keycurrency.co.uk/international-bank-transfer/
https://www.keycurrency.co.uk/large-currency-exchange/
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China and Russia test ‘hack-proof’ quantum communication link for Brics South China Morning Post Link
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US Military Launches Highly Classified Unmanned Space Plane
The U S Space Force launched a secretive plane on Thursday which has been equipped with heavier boosters that could feasibly send it further into orbit than ever before. ZeroHedge Link
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Rafi Farber: 2024 Will Be The Year of the Silver Swan
Rafi Farber: 2024 Will Be The Year of the Silver Swan
Acadia Economics: 12-29-2023
In this week's silver report, Rafi Farber goes into the deep logic of why the End Game means a return to silver specifically as the preeminent money, as opposed to gold, and why 2024 could easily be the year this actually happens.
Not through politics, but through the market itself.
The current inflationary system began its march not in 1971, not in 1933, and not even in 1913 with the founding of the Federal Reserve System.
Rafi Farber: 2024 Will Be The Year of the Silver Swan
Acadia Economics: 12-29-2023
In this week's silver report, Rafi Farber goes into the deep logic of why the End Game means a return to silver specifically as the preeminent money, as opposed to gold, and why 2024 could easily be the year this actually happens.
Not through politics, but through the market itself.
The current inflationary system began its march not in 1971, not in 1933, and not even in 1913 with the founding of the Federal Reserve System.
It began 150 years ago, back in 1873, when the dollar became an exclusively gold currency, and all the purchasing power of silver was transferred into gold, enriching the rich at the expense of the middle class and the poor.
2024 could be the year that this all turns around in dramatic fashion, and to be part of it, you'll need to own some silver.
Goldilocks' Comments and Global Economic News Friday Evening 12-29-23
Goldilocks' Comments and Global Economic News Friday Evening 12-29-23
Good Evening Dinar Recaps,
"Since 1979, the Federal Emergency Management Agency (FEMA) has been the Federal Government's lead agency in responding to and recover- ing from many of the Nation's greatest moments of crisis."
India is proposing New Foreign Exchange Rules. Stakeholders have been invited to share their comments regarding FEMA involvement on the draft Licensing Framework for APs. These comments will be accepted until January 31st, 2024.
APs stands for authorized persons to oversee the new functions and standards of their Foreign Currency Exchange Department.
The purpose of these actions will be to carry out the implementation of operational efficiency in their delivery of foreign currency exchanges going forward. This will cover all areas of an economy where exchanges take place such as airports and tourist exchange centers.
Goldilocks' Comments and Global Economic News Friday Evening 12-29-23
Good Evening Dinar Recaps,
"Since 1979, the Federal Emergency Management Agency (FEMA) has been the Federal Government's lead agency in responding to and recover- ing from many of the Nation's greatest moments of crisis."
India is proposing New Foreign Exchange Rules. Stakeholders have been invited to share their comments regarding FEMA involvement on the draft Licensing Framework for APs. These comments will be accepted until January 31st, 2024.
APs stands for authorized persons to oversee the new functions and standards of their Foreign Currency Exchange Department.
The purpose of these actions will be to carry out the implementation of operational efficiency in their delivery of foreign currency exchanges going forward. This will cover all areas of an economy where exchanges take place such as airports and tourist exchange centers.
As you can see, a lot of management takes place behind the scenes of even the Banking and Market systems. Although it doesn't seem fast enough, we are moving forward.
Many people hold currencies the RBI will be moving through their system under their new digital asset-based trading payment system called the UPI.
The Unified Payments Interface (UPI) will be involved with moving the Iraqi Dinar, Indonesian Rupiah, Vietnamese Dong, US Dollar, Indian Rupee, and other currencies. These currencies used to utilize the US Dollar in trade, and now, they are beginning to use their own local currencies. Each will be given a watchful set of eyes to make sure foreign currency exchanges begin the process of new money flow efficiently and safely on a Global scale.
© Goldilocks
Arabian Business Link
Money Control Link
FEMA Link
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Folks, this transition is a big deal, and it involves more than just you and I receiving money.
A lot of time and effort has gone into making this Global monetary transition as easy and safe as possible.
2024 is the projected year for this transition. It will not be done in a single day. We will stay informed as to what the banking system is doing behind the scenes and report our findings as soon as we can.
This is why I've been working with Salty and her Seeds of Wisdom team on putting information on her website in case we have trouble with social media sites.
© Goldilocks
https://www.seedsofwisdomteam.com/
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Press release: Basel Committee consults on targeted adjustments to tighten its standard on banks' exposures to crypto assets https://www.bis.org/press/p231214.htm
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December brings flurry of Treasury activity against virtual currency services DLA Piper Link
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"Bitcoin bulls and bears prepare for end-of-year $10B BTC options expiry – Nusrat Computer"
"Bitcoin’s (BTC) market is preparing for a $10.1 billion options expiry, a significant event set to occur on Dec. 29 at 8:00 am ET. The latest data indicates that call (buy) options hold a clear advantage, but bears could significantly limit their losses by pushing Bitcoin’s price below $42,000." Nusrat Computer Link
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Fifth of Global Oil Trade Used Non-Dollar Currencies in 2023 OilPrice Link
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BRICS: 130 Nations Move Toward CBDC, US Dollar at Risk
https://cryptorank.io/news/feed/cc19e-brics-130-nations-move-toward-cbdc-us-dollar-at-risk
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BRICS revolution: UAE and China announce mega trade shift using local currencies
https://www.cryptopolitan.com/uae-and-china-to-settle-trade-in-yuan/
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Pix (Brazil), UPI (India), and FedNow (US) are all payment infrastructures designed to interconnect various financial institutions within the countries in which they operate, facilitating the capability for instant 24/7/365 payments between these institutions.
https://paymentscmi.com › insights
Comparing RTP systems: Pix, UPI, and FedNow
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Bob Kudla – There Is One Chart That Explains Where We Are Headed, Market Correction
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2024 will go down in history as the year Market Corrections took place across the globe.
© Goldilocks
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SILVER ALERT! COMEX Silver Exchange is DYING as Physical Silver DISAPPEARS! Lowest 1st Day EVER! (Bix Weir)
The 2024 COMEX Silver market is starting with a Whimper and NOT a BANG!
On the 1st day of notification ALL the traders in COMEX Silver combined only stood for 28 Contracts on the first delivery day in January 2024!
That's like it's not even relevant but WHY is an exchange that SETS the global price for silver NOT EVEN DELIVERING PHYSICAL SILVER?
Is it because THEY ARE OUT of available Physical Silver?!
Time will tell but You know where you should be positioned in 2024...VERY LONG PHYSICAL SILVER!
https://www.youtube.com/watch?v=rA4bBLimgLs
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Thursday Evening 12-28-23
Goldilocks' Comments and Global Economic News Thursday Evening 12-28-23
Good evening Dinar Recaps,
Spot bitcoin ETF approval may be coming in January, experts say.
Investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors.
Discussions between the Securities and Exchange Commission and asset managers with pending spot bitcoin ETF applications have advanced.
Still, bitcoin "remains an extremely volatile and speculative asset,” said Bryan Armour, director of passive strategies research for North America at Morningstar.
Goldilocks' Comments and Global Economic News Thursday Evening 12-28-23
Good evening Dinar Recaps,
Spot bitcoin ETF approval may be coming in January, experts say.
Investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors.
Discussions between the Securities and Exchange Commission and asset managers with pending spot bitcoin ETF applications have advanced.
Still, bitcoin "remains an extremely volatile and speculative asset,” said Bryan Armour, director of passive strategies research for North America at Morningstar.
https://www.cnbc.com/2023/12/26/spot-bitcoin-etf-approval-may-be-coming-in-january-2024.html
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Fincen issues final beneficial ownership access rule American Banker Link
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Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to a 1:1 relationship with a fiat currency. As a result, absent a depegging, stablecoins do not demonstrate the volatility that is associated with other cryptocurrencies.
Because of their stability, stablecoins form a bridge between traditional finance and decentralized finance capabilities by making it easier for businesses and individuals to conduct transactions and make investments.
S&P Global Ratings Stablecoin Stability Assessment is designed to provide market stakeholders with transparency into the stability of various stablecoins and specific insight into their depegging risks.
SP Global Link
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"The Financial Accounting Standards Board (FASB) has issued a new accounting standard to improve the accounting for and disclosure of certain crypto assets."
This new standard will give companies the ability to fairly account for the cryptos they hold.
These particular cryptos have been tested on the market to determine fair market values that will enable standard protocols in their net worth and use.
These news standards will provide guidelines to enable companies to assess and report the real values of the cryptos they hold.
Early adoption is encouraged at the beginning of the new fiscal year and mandatory adoption is expected on December the 15th 2024.
© Goldilocks
FASB Link
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Stellar Crypto Releases Guide on How to Prepare for January 30, 2024 Mainnet Upgrade Vote
On December 18, Stellar upgraded and reset its testnet, followed by the release of the new protocol 20 version of Stellar Core, Horizon, Soroban RPC, and the Stellar SDK. According to Stellar, its network validators will vote on the initiation of its mainnet upgrade on January 30, 2024, 15:00 UTC.
On the assumption that this upgrade would occur, Stellar released a guide for businesses and developers on its network to follow. The guide mostly included instructions on installing the upgraded version of Stellar-related software so that it would be compatible with the new Protocol 20 versions.
The general objective of this upcoming upgrade is focused on enhancing functionality, performance, security, and stability, which will positively impact Stellar. See the mainnet roadmap for more details.
https://biz.crast.net/stellar-xlm-launches-mainnet-upgrade-plans-axie-infinity-axs-unveils-axie-parts-evolution-everlodge-eldg-disrupts-established-nft-protocol/
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Businesses and Corporations have until January the 30th, 2024 to upgrade their computer systems to the new digital asset-based trading system (QFS) inside Protocol 20.
© Goldilocks
https://biz.crast.net/stellar-xlm-launches-mainnet-upgrade-plans-axie-infinity-axs-unveils-axie-parts-evolution-everlodge-eldg-disrupts-established-nft-protocol/
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JPMorgan is Starting to get Loud about Its Blockchain Products
J.P. Morgan, one of the world’s leading financial institutions, has recently announced that it is ramping up its efforts to promote and expand its blockchain product suite, Onyx. Onyx is a platform that leverages distributed ledger technology (DLT) to provide innovative solutions for payments, clearing and settlement, trade finance, and digital asset management. Tekedia Link
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Introduced in House (01/09/2023) To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
https://www.congress.gov › house-billText - H.R.25 - 118th Congress (2023-2024): FairTax Act of 2023 | Congress.gov
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Will 2024 be the year tokenization takes off in private markets? Ledger Insights Link
👆 Goldilocks pointed to this article
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Unfair foreign pricing and government subsidies distort the free flow of goods and adversely affect American business in the global marketplace. Enforcement and Compliance, within the International Trade Administration of the Department of Commerce, enforces laws and agreements to protect U.S. businesses from unfair competition within the United States, resulting from unfair pricing by foreign companies and unfair subsidies to foreign companies by their governments.
https://www.trade.gov/us-antidumping-and-countervailing-duties
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The Advisory Committee on Supply Chain Competitiveness was formed to provide the Secretary of Commerce with detailed advice on the elements of a comprehensive national freight infrastructure and freight policy to support U.S. supply chain and export competitiveness. The Committee’s work is intended to further the Administration’s export, economic, and job growth goals.
Per the charter, the Committee advises the Secretary on the necessary elements of a comprehensive, holistic national freight infrastructure, and a national freight policy designed to support U.S. export growth, foster national economic competitiveness, and improve U.S. supply chain competitiveness in the domestic and global economy.
https://www.trade.gov/advisory-committee-supply-chain-competitiveness
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IndusInd Bank launches ‘eSvarna’, India’s first Corporate Credit Card on RuPay network
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The empty vault’s heavy steel door stood ajar at the end of November beside the last unclaimed silver proof coins set in piles to be sold at auction. Inquirer Link
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Ray Dalio, who’s worth $19.1 billion dollars warns that Biden’s inflation will send America back to the 1970s. So when that happens…
“You want things that are basically anti-money… you want gold.”
John Paulson, who’s worth $3 billion dollars said central banks have been replacing dollars with gold, and we’re just at the beginning of that trend… “Gold will go up and the dollar will go down, so you’d be better off keeping your investment reserves in gold at this point.”
Naguib Sawiris, who’s worth $3.4 billion dollars says 20 to 30% of your portfolio should be in gold for a very good reason:
“Let’s say inflation comes in and there is a crash in the stock market for any reason or the other, then you will be very happy you have a position in gold.”
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Mortgage Rates Dropped a Lot but Clearly Not to the Magic Level. Buyers’ Strike Continues. Issue Is Price Wolf Street Link
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Names Connected To Epstein Ready To Be Released, [DS] Cover Up Will Bring It All Down – X22 Report - Ep. 3245
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Goldilocks' Comments and Global Economic News Thursday AM 12-28-23
Goldilocks' Comments and Global Economic News Thursday AM 12-28-23
Good Morning Dinar Recaps,
The economic and political conditions of a country can also cause a currency's value to fluctuate. While investors enjoy high-interest rates, they also value the predictability of an investment. This is why currencies from politically stable and economically sound countries generally have higher demand, which, in turn, leads to higher exchange rates.
Goldilocks' Comments and Global Economic News Thursday AM 12-28-23
Good Morning Dinar Recaps,
The economic and political conditions of a country can also cause a currency's value to fluctuate. While investors enjoy high-interest rates, they also value the predictability of an investment. This is why currencies from politically stable and economically sound countries generally have higher demand, which, in turn, leads to higher exchange rates. LINK
https://www.xe.com/blog/money-transfer/why-do-currencies-fluctuate/
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Demand and Supply Shifts in Foreign Exchange Markets Llumen Learning Link
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Based on the decision of the Board of Directors of this bank No. (191) of 2023, it was decided to give the mediation companies buying and selling foreign currencies under category (C) a period of time to merge to be classified as (A) or (B) until 3/31/2024. https://cbi.iq/news/view/2491
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Big money is dropping out of their long positions in the market right now.
This is usually an indication that volatility is ahead and the movement into day trading will be more profitable since they can move in and out of positions quicker.
This is expected due to the fact that we are beginning our transition from an Old Market to a New Digital one.
© Goldilocks
Investors Link
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Stocks moving into a dangerous period
https://youtu.be/kVJAbn2RSpI?feature=shared
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US States Make Move To Reclassify Gold And Silver
https://www.youtube.com/live/8Zr8Lwyu5kc?feature=shared
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Goldilocks' Comments and Global Economic News Wednesday Evening 12-27-23
Goldilocks' Comments and Global Economic News Wednesday Evening 12-27-23
Good Evening Dinar Recaps,
Al-Kadhimi: Iraq’s treatment of a basket of currencies reduces the dominance of the dollar and the government with an economic battle
“The regulation of financial transactions and foreign trade enhances Iraq’s position in financial politics, and Iraq must deal with a basket of currencies in addition to the dollar gradually so that it is not governed by federal instructions in addition to reducing import.”
“The government has a real battle to address the economic situation and the political blocs are required to strongly support this trend,” Al-Kazmi concluded. Search 4 Dinar
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Let's take a closer look at what's about to happen in 2024. The banking system is going to pull money from the future into the now.
What that means is a lot of money is tied up in crypto investments inside the new digital economy by institutions, governments, whales, and people like you and me.
Goldilocks' Comments and Global Economic News Wednesday Evening 12-27-23
Good Evening Dinar Recaps,
Al-Kadhimi: Iraq’s treatment of a basket of currencies reduces the dominance of the dollar and the government with an economic battle
“The regulation of financial transactions and foreign trade enhances Iraq’s position in financial politics, and Iraq must deal with a basket of currencies in addition to the dollar gradually so that it is not governed by federal instructions in addition to reducing import.”
“The government has a real battle to address the economic situation and the political blocs are required to strongly support this trend,” Al-Kazmi concluded. Search 4 Dinar Link
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Let's take a closer look at what's about to happen in 2024. The banking system is going to pull money from the future into the now.
What that means is a lot of money is tied up in crypto investments inside the new digital economy by institutions, governments, whales, and people like you and me.
This reintegration into the new digital economy will create volatility for some assets to the upside and to the downside. If you are inside the right assets, you will be fine.
It all begins in 2024. If you are not in a good position, be ready to change as soon as you can. Many of the assets we have discussed in this room are good positions. Even though I can't recommend any of them, I have talked about them.
Our transition into the new economy has been going on for some time through new legislative bills turning into laws to govern them, and the banking system is about to synchronize with these markets inside a gold standard position that will cause fluctuations across ALL markets.
This will take some time in 2024 to make these transitions convert over into a new digital economy, price changes on everything is expected to happen.
© Goldilocks
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Watch what happens with the new spot Bitcoin ETF. This is a very protected asset. Look at the companies that are wrapping their assets to it. They are well known and well flushed with money.
These companies know that Bitcoin is going to grow exponentially in 2024 and 25. It is the top asset and bridge into the digital economy.
Countries around the world are doing the same with their spot Bitcoin ETF. This is why there are meetings these past two weeks before early 2024 begins to prepare for this transition.
Gold is the underlying support asset that will make all of this possible giving real value to all of our assets and standardizing digital protocols to level the playing field among countries around the world.
© Goldilocks
American Banker Link
Fox Business Link
American Banker Link 2
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U.S. SEC Asks Firms Applying for Spot Bitcoin ETFs To Complete Last-Minute Corrections Before New Year: Report The Daily Hodl Link
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The Most Splendid Housing Bubbles in America, December 2023 Update Wolf Street Link
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"India's first-ever payment in rupees for crude oil purchased from the UAE is helping the world's third largest energy consumer push for taking the local currency globally, as it looks for similar deals with other suppliers, officials said, adding internationalization is a process and there are no targets."
The Indian Rupee is taking their local currency global along with other countries starting the first week of January 2024.
They will be trading with countries like the US, Indonesia, Vietnam, Iraq, and more.
Each of these countries has the support of gold to back their currencies going forward through Basel 3, of which, the US will begin implementing theirs on January the 16th, 2024. The rest of the list above have already started this process.
These newly implemented changes inside the new digital asset-based trading system will put price pressures on gold to support these new assets. Look for gold to be transitioning to a real value very soon to meet these new demands.
All roads lead to gold, and gold will set us free.
© Goldilocks
The Hindu Link
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Bitcoin has already priced in spot ETF approval: Expert
https://finance.yahoo.com/video/bitcoin-already-priced-spot-etf-154806115.html
~~~~~~~~~~
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More News, Rumors and Opinions Thursday Afternoon 12-21-2023
KTFA:
FCH1962: Frank, so you said the other night on your Utube 'Bank Story' phone call that you knew about this daily $5000.00 increment amount, but never wanted to discuss it with us? Even as you were telling the viewers that "You are Mr Clampet, and they're Mr. Drysdale". What was the reason for that? So, Capital Controls on people's money isn't a big deal to you! Am I going to be 'Kicked Off' for this question? I'd like to hear an explanation... This is a sincere question!
HarleyQuinC3: These employees are going by Chase’s current foreign exchange policy that’s in place for customers travelling to other countries.
When I travel overseas, I notify my bank of what currency I need. It takes a few days and they get up to $5,000 worth of pounds, for example, for when I go to England. They do it in $5,000 increments because there’s a special form that has to be filled out for transactions over $10,000.
When I come back and convert the leftover pounds back into dollars, it works the same way, if I pull out cash there’s a $5,000 limit. Digital deposit can be higher amounts (I’ve personally never done one for more than £15,000), but basically it’s just to control the amount of paper cash going in and out of the branch.
KTFA:
FCH1962: Frank, so you said the other night on your Utube 'Bank Story' phone call that you knew about this daily $5000.00 increment amount, but never wanted to discuss it with us? Even as you were telling the viewers that "You are Mr Clampet, and they're Mr. Drysdale". What was the reason for that? So, Capital Controls on people's money isn't a big deal to you! Am I going to be 'Kicked Off' for this question? I'd like to hear an explanation... This is a sincere question!
HarleyQuinC3: These employees are going by Chase’s current foreign exchange policy that’s in place for customers travelling to other countries.
When I travel overseas, I notify my bank of what currency I need. It takes a few days and they get up to $5,000 worth of pounds, for example, for when I go to England. They do it in $5,000 increments because there’s a special form that has to be filled out for transactions over $10,000.
When I come back and convert the leftover pounds back into dollars, it works the same way, if I pull out cash there’s a $5,000 limit. Digital deposit can be higher amounts (I’ve personally never done one for more than £15,000), but basically it’s just to control the amount of paper cash going in and out of the branch.
HarleyQuinC3 cont…….: Chase DOES charge a fee for this, anywhere from 1-5% depending on the amount, it’s usually right about 3%. This is their fee for offering the exchange service.
With that said, and IMO, this kind of exchange post-RI, will be treated as a special case. You won’t be dealing with a teller at the desk. It will be a pre-arranged appointment and they’ll do all the FinCen forms there.
I believe that’s why the wealth manager in Virginia mentioned he was waiting for ‘instructions’ on how to do the RI exchanges. It’ll be a special event.
I have talked to my private banker, Jose, here in Texas. He told me they would charge a flat $350 fee and exchange all at once. It will be a pending transaction for a couple of business days, and there will be limits on what can be spent till the transaction resolves.
He told me he thought it would take about an hour and a half to do the whole process, because they’ll be opening several holding accounts, which take a bit of time. Again, that’s just IMO based on what Chase told me.
Oh, and concerning the spread, Jose told me it WAS negotiable depending on how much money I left with Chase’s wealth management department. He said it might be waived entirely if I used their management services solely. In other words, it would be possible to negate the 3% (ish) spread if I left the money with Chase. Again IMO.
ToyVP: MAYBE I CAN HELP SHED A LITTLE LIGHT ON THAT SUBJECT, FOR "CASHING OUT" THEY CAN ONLY DO SO MUCH AT A TIME FOR SEVERAL REASONS.........
1) THEY DON'T CARRY THAT MUCH CASH AT BANKS ANYMORE SO THEY HAVE TO PUT IN A REQUEST FOR TRANSFERS TO THEM SO THEY CAN ACCOMODATE IT.............
2) THE FEDERAL RESERVE HAS PUT A LIMIT ON HOW MUCH CASH CAN BE REMOVED FROM YOUR ACCOUNT PER DAY..........................
.BUT TO EXCHANGE AND DEPOSIT IT INTO YOUR ACCOUNT IS NO BIG DEAL THEY WILL BE ABLE TO DO THAT IN THE SAME DAY "IMO" I HOPE THIS HELPS
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Clare: Sudanese Advisor: Discussions with 5 countries to import factories in exchange for sovereign guarantees
12/21/2023
Today, Thursday, the Prime Minister’s Advisor for Technical Affairs, Muhammad Sahib Al-Daraji, revealed discussions between Iraq, Germany, Italy, Spain, Japan, and China to import factories in exchange for sovereign guarantees.
Al-Daraji said in a statement, “There is a committee formed under the direction of Prime Minister Muhammad Shiaa Al-Sudani to implement a paragraph in the budget that stipulates granting the government sovereign guarantees in favor of importing production lines and agricultural equipment for the Iraqi private sector.”
He added, "The government is in the process of agreeing with Germany, Italy, Japan, China, and Spain, in addition to the Islamic Development Bank, to supply factories to Iraq in exchange for sovereign guarantees and to manage them by the private sector."
The Prime Minister's Advisor for Technical Affairs described it as "excellent for strengthening the Iraqi economy and changing its performance philosophy." LINK
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Clare: His office: Al-Sudani follows up “Iraq’s interface” with International Finance
12/21/2023
Today, Thursday, Iraqi Prime Minister Muhammad Shia al-Sudani chaired a meeting that included a delegation from the International Finance Corporation/IFC, a member of the World Bank Group, to follow up on the agreement signed with the institution to rehabilitate and develop Baghdad International Airport.
This was mentioned by his media office in a statement received by Shafaq News Agency, adding that Al-Sudani confirmed, during the meeting, that the interest in developing Baghdad International Airport, which represents Iraq’s interface with the world, comes within a comprehensive vision adopted by the government to develop all airports and improve their services, as well as the direction Towards diversification of transport routes and connectivity with all parts of the world.
According to his office, the agreement, which Iraq signed last September, includes supporting the International Finance Corporation by providing consultations in the field of developing the role of the private sector, and providing an integrated investment portfolio that includes how the international airport will be expanded, financed, operated and maintained, and make it compatible with international standards for airports. In the world, through one of the specialized international companies.
The statement indicated that the International Finance Corporation has pioneering experiences in the region and the world in the field of airport rehabilitation, as it previously supervised the development and expansion of the most important airports in the Kingdom of Saudi Arabia and Turkey, as well as Queen Alia International Airport in the Jordanian capital, Amman. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Nader From The Mid East Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV special saying we are seeking monetary sovereignty over the dollar. FRANK: When they say the word monetary, they are talking about your currency. And when they say sovereignty they're talking about you only using your currency the Iraqi dinar and not using any other currency like the American dollar. That's why the dollar is going down in value. That's how your dinar is gaining value. Sudani said it clearly, I am adding value to our currency. They want the American dollar to go down. They want your currency to dominate...
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Robert Lambourne: Why Is The BIS Doing Gold Swaps
Arcadia Economics: 12-20-2023
There's a corner of the gold market that gets very little coverage, as for years the The Bank for International Settlements (the BIS) has been conducting gold swaps.
Although as you may well have guessed, they're rarely very public about the motive behind the swaps or why they are being used.
Fortunately there's an analyst named Robert Lambourne who has been tracking their activity, and today he joins me on the show to explain what's being done with these swaps and why they are taking place.
To read the articles about the BIS and Operation Fish that Robert mentioned during the interview go to: https://en.wikipedia.org/wiki/Operation_Fish
https://www.bis.org/publ/bisp02a.pdf
https://www.bis.org/publ/bisp02b.pdf
So to get a look inside, click to watch this video now!
Goldilocks' Comments and Global Economic News Thursday AM 12-21-23
Goldilocks' Comments and Global Economic News Thursday AM 12-21-23
Good Morning Dinar Recaps,
First $14M cross-border e-CNY gold purchase was completed in Shanghai
👆 I will say more about this.
@ Goldilocks
~~~~~~~~~~
"The first-ever cross-border settlement for precious metals using the digital yuan central bank digital currency (CBDC), also known as the e-CNY, was recorded on Dec. 20."
Two things happened today:
* The Chinese Digital Yuan gained functionality today on the Shanghai Exchange and International Trade.
* The Chinese Digital Yuan now has smart contract capabilities and new use cases that can be utilized as payments to move tokenized assets forward.
Today, we witnessed history in the making and a new challenge being put forth to the Dollar in International Trade.
Goldilocks' Comments and Global Economic News Thursday AM 12-21-23
Good Morning Dinar Recaps,
First $14M cross-border e-CNY gold purchase was completed in Shanghai
👆 I will say more about this. @ Goldilocks
~~~~~~~~~~
"The first-ever cross-border settlement for precious metals using the digital yuan central bank digital currency (CBDC), also known as the e-CNY, was recorded on Dec. 20."
Two things happened today:
* The Chinese Digital Yuan gained functionality today on the Shanghai Exchange and International Trade.
* The Chinese Digital Yuan now has smart contract capabilities and new use cases that can be utilized as payments to move tokenized assets forward.
Today, we witnessed history in the making and a new challenge being put forth to the Dollar in International Trade. © Goldilocks
https://cointelegraph.com/news/first-14-million-cross-border-e-cny-gold-purchase-completed-shanghai
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"Swap data reporting is a US obligation on swap dealers and end-users to report over-the-counter derivatives transactions to swap data repositories. Reportable derivatives include “swaps” – defined as interest rate swaps, foreign exchange swaps and forwards, index-based credit default swaps, agricultural and commodity swaps, index-based total return swaps and all options based on a rate or commodity – and “security-based swaps."
So there we have it, swap data reporting as required by the "CFTC Approves Rule to Allow UPI Use in Swaps Reporting." The UPI mechanism for trading includes countries such as a Iraq, Indonesia, Vietnam, the US, and more.
The use of the UPI in the reporting of OTC derivatives (foreign currency exchanges) in the US will start on 29 January 2024. Everything will be recorded and reported in the new system.
Amazingly, this start date is just one day before Protocol 20 is voting to move forward with the new digital economy that unites all Quantum Technologies around the world through the Stellar Network.
© Goldilocks
RegulationAsia Link
A-Team Insight Link
Risk Link
Stellar Link
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"After receiving regulatory approval in November, Japan’s Osaka Digital Exchange (ODX) plans to start trading digital securities on Christmas Day. Today it shared the launch details of its security token venue START. During the first quarter it will offer discounted fees and just a single digital security can be traded at launch."
And, so It begins.
It looks like Japan has begun the process of utilizing a Digital Platform in trading Securities in their country. The age of tokenized assets being traded on digital platforms has begun.
This announcement came just 2 hours ago, and their plans are to begin their trades on Christmas Day.
© Goldilocks
Ledgerinsights Link
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Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks OilPrice Link
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Red Sea Tensions Threaten to Disrupt Diesel Market Stability OilPrice Link
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New U.S. Trade Policy Will Empower China’s Tech Takeover The National Interest Link
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The Historical Shift in International Trade Regulation: Why National Security Is Now at the Forefront of Doing Business
Corporate Compliance Insights Link
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SIX expands ETF franchise
SIX has launched Quote-on-Demand Europe (QOD Europe), an extension to its exchange traded funds (ETF) franchise. The product is the first pan-European exchange-traded request-for-quote (RFQ) platform.
ETF QOD Europe allows clients to trade ETFs listed on a number of European primary exchanges, including the London Stock Exchange, Euronext Paris and Borsa Italiana.
The product takes the number of ETFs and exchange traded products (ETPs), tradable at the SIX Swiss Exchange, from 1700 to 6000, complementing its existing multilateral open order-book.
Asset Servicing Times Link
👆 Goldilocks pointed to this article
Several digital platforms are continuing to expand as we speak into more and more services across borders replacing old traditional assets on outdated trading platforms.
@ Goldilocks
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Stellar: Understanding the Protocol 20 Upgrade
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Gold: Where is it headed
https://youtu.be/fZzUfI5NtPA?feature=shared
~~~~~~~~~~
Stellar Network unveils Smart Contracts in phases
~~~~~~~~~~
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Thank you Dinar Recaps -- www.DinarRecaps.com