DINARRECAPS8 3/26/24 DINARRECAPS8 3/26/24

Goldilocks' Comments and Global Economic News Tuesday Evening 3-26-24

Good Evening Dinar Recaps,

We are rapidly approaching the April into May deadline for the MICA, EU’s Comprehensive New Crypto Regulation Standards. MICA stands for Markets in Crypto-Assets. MICA is being integrated with the DTCC. The Depository Trust and Clearing Corporation will process our new Global Digital transactions.

Essentially, Europe will be moving our new digital money through this new integration testing the speed, flow, and security of its movement. This is being done to make sure we have a smooth transition and implementation by May 28th, 2024.

This comprehensive industry testing is necessary to measure end-to-end processes such as trade executions to trade settlements along with non-standard settlement scenarios utilizing tokenized assets.

Good Evening Dinar Recaps,

When this is finished, US Treasury and Repo Market mechanisms will be capable of being utilized. It will enhance data information for the Derivatives Market, Equity Markets, Instant Payments, Digital Ledger Transmissions and much more.

After this is completed, new rules and regulations can be applied for the governing lawful use of this new Quantum Technology inside our new Digital Asset-Based Trading System. DTCC 1 Securrency Coindesk

© Goldilocks

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"After rolling out its digital asset trading platform, German-based stock exchange Deutsche Börse has signaled an intention to proceed with an institutional-facing solution."

The Deutsche Bank has moved into a proposal phase in rolling out their digital assets business platform.

This will allow exchange attempts to be made with digital currencies representing each country's currencies to their institutional clients.

Remember, the Deutsche Bank touches every Bank around the world on some level, and the execution of this program will allow connections to be made between Banks who desire to exchange foreign currency.

The proposal phase includes the business idea, market analysis, management team, financial projections, and the terms and conditions of the funding. In other words, they are ready to move forward. Coingeek

© Goldilocks

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There are several ISO 20022 Tokens. Each represents a set of assets that will flow through their Network.

Think of these Networks as channels that will move Tokenized Assets or Stocks that are now Digital.

This is a very important role in the new economy, and you can't tell me that these ISO20022 Tokens won't be valuable going forward.

The trick is to obtain them before the switch is turned on for them to move freely. At that time, we may see assets move into real values of significance overnight.

The first RV.

The second RV will be our paper currencies sometime after this event.

We are getting closer for those waiting on their paper currencies to change.

Hopefully, the two go together. I have not received information on this just yet, so we wait. Coincodex

© Goldilocks

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You might have heard of ETPs, ETFs, ETCs and ETNs, but what are these financial instruments exactly? How can they facilitate exposure to assets like cryptocurrencies for investors? | BitPanda

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The European Council has adopted the Instant Payments Regulation and it is now scheduled to come into effect in a little over two weeks. The deadline for compliance is far too tight, argues CGI’s Ainsley Ward | Electronic Payments International
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DBS Announcement:

Mumbai [India], September 13 (ANI/PR Newswire): DBS has launched real-time online tracking for cross-border collections for businesses in India in partnership with SWIFT Global Payments Innovation (gpi). DBS is the first bank in India and Asia-Pacific to offer this service to clients, which is expected to benefit close to 4000 corporate and SME clients in India, with numbers expected to grow further. Yahoo Finance

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The Federal Reserve Board released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession. | LA Times
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HSBC will be launching tokenized gold tomorrow to its retail clients, said Hong Kong chief digital officer Bojan Obradović during a panel at the «Milken Institute Global Investor’s Symposium». This will mark the first form of tokenized real-world asset that it is introducing to the segment. Finews

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Pre-validation: combatting fraud and minimising errors in payments - OMFIF

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What are the massive drivers of the future markets? The answer to this question lies in what the Central Banks are currently doing.

Buying gold.

© Goldilocks

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BALTIMORE − A massive search effort was underway Tuesday for six construction workers who were on the Francis Scott Key Bridge in Baltimore when it was struck by a large cargo ship and collapsed into the Patapsco River, shutting down a critical artery for East Coast shipping, authorities said. | USA Today
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China puts trust in AI to maintain largest high-speed rail network on Earth | South China Morning Post

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London Stock Exchange (LSE) Will Start Market for Bitcoin and Ether ETN's May 28 | Coindesk

👆 Goldilocks pointed to this article

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Project Neo: gaining new economic insights with AI and novel data sources | BIS

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DINARRECAPS8 3/25/24 DINARRECAPS8 3/25/24

Goldilocks' Comments and Global Economic News Monday Afternoon 3-25-24

Goldilocks' Comments and Global Economic News Monday Evening 3-23-24

Good Afternoon Dinar Recaps,

We have several countries becoming Basel 3 compliant this year along with building their foreign exchange reserves. This is why we are witnessing numerous currency reforms taking place in so many countries at this time. The IMF has been meeting with many of these countries the past few years to prepare them for this moment. Investopedia 1 Investopedia 2

© Goldilocks

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I have an important phone contact to make in about 3 minutes dealing with gold. I will report on it when I get back.

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Interbank Lending Services is over between Banks as of March 11th, 2024. This has led to more price pressure on Gold especially as we have countries beginning to decrease their rates all around the US. Here, is where Basel 3 compliance brings in new support and new liquidity mechanisms.

Goldilocks' Comments and Global Economic News Monday Afternoon 3-25-24

Good Afternoon Dinar Recaps,

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I have an important phone contact to make in about 3 minutes dealing with gold. I will report on it when I get back.

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The US has currently decided to hold their rates until the next FOMC meeting. This holds price pressures on the dollar to remain strong. It is, also, why we talked about Gold and the US Dollar rising together in the end game.

And now, we have China taking the lead on putting even more price pressures on Gold to rise even further. It is believed that China "now" controls the price of gold at this time. Inadvertently, the challenge to the US Dollar World Reserve Asset is beginning to come into play.

The transition into gold will change everything. It is "an idea whose time has come."

We are looking at minimal pressure at this point on the US dollar as the World Reserve Asset, but this story is just beginning. Kitco Bitcoin FX Street

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

© Goldilocks

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Gold and the US Dollar. The currency war has just begun between the East and the West. Volatility with the US Dollar and Gold is to be expected.

The numbers presently in the future's Market will be changing rapidly depending on who is winning the war.

Behind every war, a currency battle is usually at the heart of them all. MENA FN

© Goldilocks

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IMPORTANT NEWS IRAQ PM TO VISIT WASHINGTON DC April 15th | Youtube

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Tunisia: New foreign exchange law will have positive impact on Tunisia's relations with donors | Zawya

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World Bank to share more data to attract private investors to developing countries | Devdiscourse

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We currently have a heavily weighted Retail Market. When Retail Investors begin to sell their stocks, watch what happens on the markets.

© Goldilocks

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"Pressure Mounts for the Japanese Yen as US Dollar Shows Continued Strength"

Japanese yen faces pressure as USD/JPY approaches historic highs, intervention speculation rises
Investing

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"The Japanese rules on liquidity inflows are compliant with the Basel III standards."Basel Committee on Banking Supervision | BIS PDF

Yes, the Japanese yen is capable of currency intervention, but we will have to see what they do.

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Russian Digital Assets Announcement:

This week Vladimir Putin signed a law that allows the use of digital financial assets (DFAs) for foreign trade payments. Russia’s concept of DFAs includes tokenized assets and financial instruments issued through central bank-regulated institutions.

When DFAs were first introduced, tokenizing precious metals proved popular. So far digital platforms have supported the issuance of more than 350 instruments (https://www.ledgerinsights.com/russian-rating-agency-acra-sees-banks-dominating-rwa-tokenized-assets/), including bonds, trade finance, and a variety of other offerings. Ledger Insights

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BRICS countries will see the highest surge in millionaires globally over the next decade | MSN

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Sri Lanka is building their foreign exchange reserves announcement:

A combination of less festive/New Year demand for imports, lack of disposable incomes and increasing remittances along with enhanced foreign exchange flows from tourism has restored the Sri Lanka rupee to favourable proportions against the dollar. |  Sunday Times

Sri Lanka adopted Basel III capital standards in 2017 and capital requirements for Sri Lankan banks have increased. | Trade

The review, once approved by the IMF's board, will release $337 million in funding for the island nation. Sri Lanka defaulted on its overseas debt in May 2022 after a severe shortage of foreign exchange reserves triggered the worst financial crisis since independence from Britain in 1948. 4 days ago --  Reuters

IMF praises Sri Lanka’s economic reforms |  Sunday Observer

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Planning applications you may have missed this week | The Northern Echo

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HANOI (Bernama-Xinhua): The sustainable bond market in East Asian countries expanded 29.3 percent in 2023, outpacing the 21 percent growth of the global and euro-area sustainable bond markets, according to an Asian Development Bank (ADB) report released to the media.

The latest edition of the Asia Bond Monitor said that sustainable bonds in the Association of South-East Asian Nations (ASEAN) members, China, Japan, and South Korea, collectively as ASEAN+3, reached US$798.7 billion by the end of 2023, accounting for around 20 percent of global sustainable bonds.

By the end of 2023, the global sustainable bond markets had reached US$4 trillion, bringing environmental and social benefits to the countries through sustainable bonds financed projects and programs.

ASEAN sustainable bond issuance made up a higher share of local currency financing and long-term financing in 2023, driven by public sector participation, ADB Chief Economist Albert Park said.

The report also said financial conditions in emerging East Asia improved marginally between Dec. 1 and Feb. 29, as the US Federal Reserve was expected to ease its monetary stance. Inflation continued to moderate, and most economies posted sound economic growth in the region. - Bernama-Xinhua The Star

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Don't be surprised if the XRP Ledger doesn't replace the Petro Dollar Agreement.

Watch the water. 😉

© Goldilocks

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Things can change very quickly in the markets. Open interest contracts or climbing.

© Goldilocks

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DINARRECAPS8 3/24/24 DINARRECAPS8 3/24/24

Goldilocks' Comments and Global Economic News Sunday Evening 3-24-24

Goldilocks' Comments and Global Economic News Sunday Evening 3-24-24
Good Evening Dinar Recaps,

"The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR Government) issued around HK$6 billion worth of digital green bond offering denominated in four currencies – Hong Kong dollar, U.S. dollar, Renminbi and Euro."

This move constitutes the first multi-currency digital bond offering in the world.

A green bond is a fixed-income instrument used to raise money for climate and environmental projects.

These bonds are asset-linked and backed by the issuing entity’s balance sheet. They have the same credit rating as their issuers’ other debt obligations.

These projects go on to execute the transformative efforts of moving our economy into a new digital framework and projects designed to meet the needs of a changing world.

This multi-currency Green Bond will allow Hong Kong to be provided liquidity in a multi-currency digital framework. Crédit Agricole CIB

© Goldilocks

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Goldilocks' Comments and Global Economic News Sunday Evening 3-24-24
Good Evening Dinar Recaps,

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When foreign currency is exchanged across many Clearing House platforms, you want to make sure that your money is exchanged through the appropriate routes.

Accounts with similar IDs or similar ownership benefits utilizing this mechanism keeps the money moving to where it is supposed to go.

Now, you are seeing why so much time has been spent on beneficial ownership reforms.

On April 2, Hong Kong Exchanges and Clearing Limited will offer this new self-match prevention mechanism service for the securities market (ie Foreign Currency) will open for applications by exchange participants.

Those who utilize this service will be given more security in their trades across borders utilizing various currencies to finish the transactions. Hong Kong Exchange CME Group

© Goldilocks

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Bank mergers have been taking place for the last few years, and this trend is expected to continue as our economy shifts into a new digital environment.

The Office of the Comptroller of the Currency acting comptroller has given an official statement showing his agreement with the "FDIC’s Proposed Statement of Policy on Bank Merger Transactions."

This will allow banks to move forward with necessary compliance issues inside a Basel 3 regimen. Banks who are able to move forward will do so. Those who cannot will merge with those who can. Office of the Comptroller of the Currency

© Goldilocks

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Trading mechanisms are changing, banking reforms are taking place, and critical minerals are being secured.

This is the new world that is being digitized in front of our eyes. Tokenized assets are expected to be well above 90% complete by the end of the year on a Global scale.

Many aspects of this new digital economy are being interfaced on the new Quantum Financial System as we speak.

These changes and challenges are much needed in today's world, but it is not enough. Here is where Artificial Intelligence comes in to give us guidance.

The future of Finance requires the successful integration of AI and QFS on financial matters going forward.

New AI simulations have to be capable of meeting the challenges of our new economy through artificial structures designed to clear a path forward and synchronize them with joint efforts to see these manufactured projections come to their conclusion. The Quantum Insider

© Goldilocks

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The Fed’s Liabilities: How Far Can QT Go? What’s the Lowest Possible Level of the Balance Sheet without Blowing Stuff Up? | Wolf Street
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EU cracks down on anonymous crypto transactions, needing ownership proof to send/receive payments, aiming to fight money laundering.

Sending/receiving over €10,000 in cash is illegal, targeting large untraceable transactions. Coinpedia

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Backed, a key player in the tokenization of real-world assets, has unveiled a new suite of services tailored for financial institutions looking to enter the digital asset space with security and compliance at the forefront.

The Swiss-based company is expanding its offerings to include the tokenization of private funds and products, addressing the tech-heavy focus of existing solutions by emphasizing compliance and trust.

The newly launched services include Tokenized Trackers for on-chain representation of securities or thematic baskets, Tokenized Actively Managed Certificates (AMCs) for blockchain-based investment strategies, and a comprehensive Tokenization Platform for the creation, management, and distribution of tokenized investment products. Crowdfund Insider
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UAE firm challenges China for stake in Zambian copper mine | The Cradle

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Saturday Night Live Call

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DINARRECAPS8 3/23/24 DINARRECAPS8 3/23/24

Goldilocks' Comments and Global Economic News Saturday 3-23-24

Good Evening Dinar Recaps,

"On 26 February 2024, the European Council adopted a new regulation, the Instant Payments Regulation. This will make instant payments in euro fully available to consumers and businesses in the EU and in EEA countries."

While Global Digital Payment Systems are moving to T+1 settlements, Europe is pressing their banking system to move to instant settlements.

What Europe learns from being a first mover on the markets in instance settlements will help them formulate their Global CRYPTO Regulations (MICA).

Our Tokenized Assets are continuing to interface with other Digital Global Assets around the world through Protocol 20. At the same time, we are witnessing the birth of a new regulated payment system moving towards instant payments.

Europe has already confirmed that their new instant payments regulation will go into effect on April 8th, 2024, and Ripple is a part of it.

Goldilocks' Comments and Global Economic News Saturday 3-23-24

Good Evening Dinar Recaps,

It was stated in the article that Europe is doing this to create their own financial autonomy. In essence, this move is one that each country will begin taking as they onboard their payment systems into the QFS.

This is why being Basel 3 compliant around the world is so important in creating countries that have their own Sovereignty. Electronic Payments International

© Goldilocks

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Vietnam Sandbox Announcement:

"In the latest draft, the regulatory sandbox will be developed for three fintech solutions, including credit scoring, open application programming interface (API), and P2P lending."

We are witnessing Sandboxes popping up everywhere in several countries. The Sandboxes test cryptocurrencies and Stablecoins from around the world.

It is a way for countries to test new Digital Currencies being processed within their new Digital Financial System. Many countries are beginning to test and form regulations for cross-border International trading among countries this year. As these new Digital Payment Systems are tested and approved, the ability to move these particular assets across borders will help in foreign trade and foreign currency exchanges. Vietnam News

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Many countries around the world are currently testing new payment systems with their own Stablecoins. Throughout the year several countries will be exchanging their Stablecoins with one another.

Remember, Stablecoins represent a country's currencies. These cryptocurrencies will be utilized in trade and cross-border payments.

Once these Stablecoins are fully regulated and given the green light to move forward. The next step will be for them to have a Credit Valuation Adjustment. Dinarland references this as a revaluation.

The Credit Valuation Adjustment is inside the derivative market, and this includes foreign currency.

Hong Kong is pointing to a January the 1st, 2025 date to begin this process of credit valuation adjustment for themselves. This does not mean that other currencies cannot go before this one or have a float leading up to this date ie Nigeria's currency. It just simply means HK has a tentative date.

© Goldilocks
Regulation Asia
CryptoPolitan
Ideas

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Massive price action distortions are beginning to form on the markets.

© Goldilocks

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Prices of Existing Homes in Germany Tank 14% so far, as ECB-Fueled Housing Bubble Turns into Housing Bust | Wolf Street

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BREAKING: The Automated Market Maker (AMM) is live now! | Twitter

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BOOOOOOOOOM!!!! Ripple partner ACI Worldwide which supports 9 percent of global SWIFT traffic has confirmed that the new Instant Payments Regulation will come into effect on 8 April 2024! Twitter

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HONG KONG—The adoption of new mediums of exchange, including retail Central Bank Digital Currency (CBDC), tokenized deposits and stablecoins, could potentially add an additional HK$160 billion of GDP for Hong Kong by 2032, according to a whitepaper released today. The whitepaper highlights some of the potential benefits for using retail CBDC in Hong Kong (i.e., e-HKD) and identifies requirements to help fully realize them. | BCG

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BlackRock unveils crypto fund first with $5 million minimum. The world's largest asset manager is extending its interest in crypto with a tokenized fund on Ethereum. | The Street

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Stablecoins have recently achieved a significant milestone, surpassing $150 billion in market capitalization, with daily trading volume reaching $122 billion. This achievement marks a notable resurgence and growth in the stablecoin sector, with implications for the broader cryptocurrency ecosystem. | News BTC
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In the rapidly evolving crypto landscape, the tokenization of real-world assets (RWAs) is emerging as the cutting-edge frontier, captivating investors and industry pioneers alike with its burgeoning potential and surging investments.

What RWA tokenization means is putting traditional assets on a blockchain. This is a way of representing ownership of an asset through a token. The assets involved could be anything from stocks, bonds, gold, and commodities to treasuries, debt, real estate, art, intellectual property, and much more. Securities

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SEC CHAIRMAN GENSLER LEADS CRYPTO OVERSIGHT PUSH WITH $2.6 BILLION BUDGET PROPOSAL | Cryptopolitan

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DINARRECAPS8 3/22/24 DINARRECAPS8 3/22/24

Goldilocks' Comments and Global Economic News Friday Evening 3-22-24

Good Evening Dinar Recaps,

USDC and XRP Announcement:

Ripple is setting the stage for expansive growth inside the new Digital Economy. XRP is a Bridge Digital Currency capable of exchanging foreign currencies from different countries within a matter of seconds.

Over 1,500 projects Globally are presently leveraging XRP’s Ledger. Now, Circle is thinking about bringing its U.S. Dollar Stablecoin (USDC) to the Ripple (XRP) Ledger.

This is a wonderful opportunity for the XRP Ledger Network to expand and grow going forward. Given its own ledger and payment coin network capable of working seamlessly together, XRP is set to expand on a massive scale in the new Digital Economy. Coinpedia

©✓Goldilocks

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Goldilocks' Comments and Global Economic News Friday Evening 3-22-24

Good Evening Dinar Recaps,

©✓Goldilocks

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It's time for gold to begin to shine. Governments have been buying it. Central Banks have been buying it. The World Bank has it. And, the IMF has it.

The wealthy are beginning to buy gold. Credence and honor to this well-deserved metal is now being made known in the retail sector.

"Consumer spending consistently accounts for about 70% of the U.S. economy."

People are waking up to the fact that the government is not going to save them going forward. The geopolitical tensions and debt among countries and within people's own countries are the driving force of this new trend.

As people wake up to the power of gold and other commodities, the number of people purchasing these precious metals are beginning to see it's real value like never before in history. Reuters Investopedia
© Goldilocks

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Gold is pricing in money printing. When the FED begins to lower interest rates, the value of gold begins to increase all assets that it supports.

At this time, many of our new Digital Assets have gold baked into their values. Inflation is continuing to climb causing many distortions into our assets across every sector of the market.

These distortions are expected to be replaced gradually with new digital assets backed by gold giving our economy a real value to work with going forward on the QFS.

These next few months can be characterized as a replacing of the old economy with a new economy based on gold as money moved across continents under a new Digital Financial Framework.

Everything is about to turn to gold. "All roads lead to gold and gold will set us free." NASDAQ

© Goldilocks

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"The Ministry of Oil has announced a reduction in oil exports to an average of 3.3 million barrels per day (bpd) for the coming months, aimed at absorbing the recent increase in Iraq's production recorded in January and February."

New price valuations are coming for the oil sector, and placing tight regulations on a certain amount of production allows for the assessment of new values to be accurately assessed.

The next few months will give us an idea how oil reacts to new predetermined price valuations that will be placed on it based on trading in new local currencies backed by gold above and beyond working with a predetermined price of the dollar in exchanges correlated with a programmed value placed on their own currency.

At this time, Iraq is able to test and measure their own currency's value based upon new exchange mechanisms being placed inside the new digital economy. These new valuations will be tested in the New World and the New Global Digital Economy. Iraq Business News

© Goldilocks
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Amid Weak Demand for Existing Homes, Active Listings & Price Reductions Jump, Listing Prices Weaken | Wolf Street

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SEC Adopts Expanded Exchange Act Dealer Rules: What Do the New SEC Rules Mean for DeFi? | BCLP - JDSupra

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"Imagine a world where combatant commanders can see everything they need to see to make strategic decisions," Martell said in painting a picture of the AI-enabled future for the audience. "Imagine a world where those combatant commanders aren't getting that information via PowerPoint or via emails from across the [organization] — the turnaround time for situational awareness shrinks from a day or two to 10 minutes." | Defense News
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Ukraine's survival in danger, Pentagon chief warns | Yahoo News

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US-based Central Bank taps TCS for core banking upgrade - FinTech Futures: Fintech news

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(Madison, Wisconsin) – The Wisconsin Senate has voted in favor of Assembly Bill 29 to end the sales tax on purchases of gold and silver. Joining the state Assembly, which overwhelmingly voted to approve this law last week, Senators voted 23-9 in favor of this pro-sound money legislation. The bill will now be transmitted to Gov. Tony Evers for his signature. Sound Money Defense

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Mexico Central Bank Delivers First Interest Rate Cut Since 2021 - Bloomberg

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Bank of England’s Quick Pivot Puts June Rate Cut in Focus | Finance Yahoo

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IQD Exchange Rate Iraq IMF Report on CBI Latest News Weeks End 3/ 22 /24 Anti-Aircraft Weapons | YouTube

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From today's information, it looks like they are accelerating timelines for Stablecoins.
© Goldilocks

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DINARRECAPS8 3/18/24 DINARRECAPS8 3/18/24

Goldilocks' Comments and Global Economic News Monday Evening 3-18-24

Subject: Goldilocks' Comments and Global Economic News Monday Evening 3-18-24

Good evening Dinar Recaps,

"BRICS Nations, Russia, and China, have joined forces to teach the US dollar an important lesson in International Markets."

This is a year that can be characterized as a "refactoring process" for the new Quantum Financial System. New codes inside Quantum Technologies are and have been in the process of being rewritten to determine trading percentages through artificial intelligence. Russia and China have joined forces in supporting new laws to govern these changes, and China is providing the Yuan for many of these purchasing transactions on their new digital payment system.

New local currencies being utilized instead of the dollar in trade necessitates many of the new changes taking place to level the playing field among countries who will now have new price pressures on their National currencies to demand shifts in pricing.

The new BRICS currency payment system will lessen the use of the dollar and bring forth more demand for currencies in the East. These demands will require currency rate changes.

Subject: Goldilocks' Comments and Global Economic News Monday Evening 3-18-24

Good evening Dinar Recaps,

As we get closer to the next BRICS summit, this is going to be a topic of interest for the conference. Each country that joins the BRICS Nations are expected to have a commodity-based backing for their currency giving real values to their Quantum Technological Mechanisms that will move their money.

New protocols will be written into the banking/trading system of the East that will scale on their new payment system in transactional trades between countries inside the QFS. CryptoDNES Spiceworks

© Goldilocks

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"We are optimizing each step of the inbound tourism process, streamlining procedures ranging from visa applications to flight arrangements, hotel check-ins, shopping, and sightseeing," said Sun Yeli at the end of the 2nd session of the 14th National People's Congress in Beijing."

China is in the process of "refactoring" new codes into their payment system that will align with their own National Currency instead of the Dollar.

Is important to note that this is taking place in several countries around the world especially those joining the BRICS Nations.

The movement from a US dollar focus to a local currency focus is changing the way many of these countries live and pay for their goods and services. TV Brics NOEMA Mag

© Goldilocks

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New price changes across an entire Financial System require new codes to be written into the system that emphasize local currency dominance going forward demands monetary policy changes.

This is why we are witnessing several countries move into a free-floating rate exchange system whereby supply and demand determine their new currency values going forward.

Morocco and Egypt are two of many countries moving to a free-floating regimen in their currency payment systems. These shifts represent an alignment to, and for, a new Global Monetary System.

The new Monetary System is backed by gold and other commodities with new codes being written into these Quantum Mechanisms that will begin forming new price correlations on the markets.

For instance, new interest rates will be based on local currency values instead of the dollar going forward. Gold held by each country as a reserve asset will minimize many of these variations on the market to stabilize Global Economies.

This is an event that has been years in the making. And, this year marks the time and place for many of these transitions to begin. Some economies will be able to motorbize these new changes quicker than others, and it is important for us to watch as these new price formations begin to form on the markets.

© Goldilocks
Atalayar
Middle East Monitor
XM

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The changes we have been speaking about this morning will no doubt change Market behavioral patterns. Volatility is expected as we shift into new Technological Mechanisms that will guide our Global Economy forward.

Jerome Powell will be addressing many of these changes on Wednesday. It is important that we pay close attention to his words and wording on many of the new monetary shifts that will be taking place the rest of this year.

© Goldilocks

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XRP Trading Announcement:

XRP Trading Start on Exchange Registered with U.S. Treasury Department.

Atlantis Exchange Listing XRP.

In a recent post on X, Atlantis Exchange disclosed that it included XRP among its list of supported cryptocurrencies. Specifically, XRP commenced trading on the platform on March 17 at 5:00 AM UTC, with the trading pair USDB.

Besides listing XRP, Atlantis Exchange has issued a daring projection for XRP’s value. In particular, the platform asserted that users could witness a 100-fold value increase amid its list of XRP, urging them not to “miss out.”

At the same time, Atlantis Exchange highlighted that XRP is a crypto asset that facilitates cross-border payments. Also, it pointed out that XRP is the native currency within XRPL, a decentralized, open-source blockchain technology capable of settling transactions within a remarkable timeframe of 3-5 seconds.

Brief Summary from Goldilocks:

XRP is the only coin with clear legal status in the US. Just last year, the court declared XRP as a non-Security last year.

XRP has been listed as a Stablecoin, but it's most frequent use going forward will be that of a liquidity coin. XRP began trading with this new peg just last week.

The USDB is pegged to XRP (see above announcement). This has allowed XRP trading to start on the Atlantis Exchange and be registered with the U.S. Treasury Department.

This will allow XRP to be traded on banking and trading platforms here in the United States and in countries abroad. It will give us the ability to form bilateral trade relationships inside the new digital asset-based trading system. Crypto News The Crypto Basic.

© Goldilocks

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What is a Customs Bond? A legal contract, usually issued through a licensed Customs broker, between an importer, a Surety company and US Customs and Border Protection (CBP) that guarantees that the importer complies with Customs regulations. UPS

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What's happening now in markets:
▼ Dow Futures 39,149.00 (-0.01%)
▲ S&P 500 Futures 5,208.00 (+0.49%)
▲ NASDAQ Futures 18,217.00 (+0.87%)
▼ 10 Year 4.304%
▲ Gold $2,163.90 (0.00%)
▲ WTI Crude Oil $81.58 (+0.01%)
▼ Bitcoin $68,170.00 (-0.26%)
Fear & Greed Index
Greed is driving the US market
MARKET DATA AS OF 7:19 AM ET

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The global chocolate industry is facing its worst crisis since Johnny Depp played Willy Wonka. Demand for chocolate is vastly outweighing the available cocoa supply, leading to skyrocketing cocoa prices that will inevitably make chocolate treats more expensive in supermarkets around the world.

* The Morning Brew

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Who’s on the Hook for Multifamily CRE Mortgages? #1 Taxpayers, far ahead of #2 Banks | Wolf Street

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Stellar Light

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DINARRECAPS8 3/17/24 DINARRECAPS8 3/17/24

Goldilocks' Comments and Global Economic News Sunday Evening 3-17-24

Good Evening Dinar Recaps,

We have three countries making Monetary Policy shifts to their currencies. Each of these shifts involves a lesser dependence upon the dollar. Movement into their own local currency backed by the integration into a Digital Gold Backed International Standard will enable them to strengthen their currencies' values going forward.

Nigeria has just filled out an application to join the BRICS Nations. They have already moved their currency to a supply and demand policy enabling them to trade their currency on the local level with other nations.

Nigeria has a huge supply of oil to trade that will collateralize their currencies' movement into the BRICS Nations and trade with Saudi Arabia under the guidelines of a local currency trade policy.

Israel is going digital. They are currently in a pilot study to determine policy changes to their currency. Currently, the Israeli shekel can be owned by private VIP persons and Institutions at this time, but their shift into a new digital economy is forthcoming once this sandbox test determines new regulations for their distribution.

Goldilocks' Comments and Global Economic News Sunday Evening 3-17-24

Good Evening Dinar Recaps,

And Japan, they are finally moving from negative rates to positive rates. A country's currency will rise in value when interest rates are allowed to move into positive interest flows. Because higher rates will attract more foreign capital, capital inflows result in a buildup of foreign exchange reserves.

The build-up of foreign exchange reserves will allow their country to purchase their own domestic currency at a favorable value.

A diversified portfolio of currencies held within a country minimizes risk should challenges to the World Economy begin to take shape.

"The Japanese Basel framework is compliant with the Global Standard agreed by the Basel Committee." Their implementation of Basel 3 compliance is expected to begin on March 31st, 2024.

Japan's full implementation into Basel 3 compliance will enable them to ride the waves of change as our Global Economy becomes more and more of a Digital Gold Standard through the continued expansion of Protocol 20 inside a Digital Economy.

© Goldilocks

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ERBIL, Kurdistan Region - "Ali Mohsen al-Alaq, Governor of the Central Bank of Iraq (CBI), said on Thursday that the US has agreed to review recent sanctions on Iraqi banks, adding that in the future, similar punitive measures will be taken in consultation with Baghdad."

Do you see what is happening? Iraq is beginning to assume their own Sovereignty going forward. These US sanctions have kept Iraq from moving forward with their economic reforms on the International level, and now, we are witnessing final reviews of Iraq's sanctions.

Once these are released, Iraq will be able to move forward with many of the rest of their economic reforms to connect with other countries on the International stage in trade and development.

The ability for Iraq to move freely within their own banking system will give Iraq currency ranges to work from in determining exchange rates between other countries.

The ability to trade in Iraqi Dinars instead of the dollar will give them purchasing power and control going forward. RUDAW

© Goldilocks

~~~~~~~~~~

BREAKING NEWS

RUSSIAN FINANCE MINISTER SAYS THE BRICS GROUP OF NATIONS CAN EVENTUALLY SWITCH TO A NEW PAYMENT SYSTEM BASED ON DIGITAL CURRENCIES OR USE BLOCKCHAIN

There it is. It's all out in the open. Read: Gold Telegraph

~~~~~~~~~~

Migrants Could Get $500 a Month Under New Bill | Newsweek

~~~~~~~~~~

US Banks See Large Deposit Inflows As Bailout Fund Expires, RRP Liquidity Plunges | ZeroHedge

~~~~~~~~~~

SEPA Payment System for the Euro Zone Announcement:

Migration of the SEPA payment schemes to the 2019 version of ISO 20022 postponed to Sunday 17 March 2024

Since the end of March 2023, the European Payments Council (EPC) has closely monitored the SEPA payment scheme participants’ preparations to migrate the four SEPA payment schemes (i.e. the SEPA Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst), SEPA Direct Debit Core (SDD Core) and SDD Business-to-Business (SDD B2B) schemes) to the 2019 version of the ISO 20022-based XML messaging standard, originally envisaged for 19 November 2023.

This means that all four 2023 SEPA payment scheme rulebooks and related implementation guidelines (IGs) will enter into force on Sunday 17 March 2024.

With respect to the entry-into-force time of the 2023 SCT Inst scheme rulebook, it is now set at Sunday 17 March 2024 at 03H30 CET. This new entry-into-force time will be preceded by a SEPA-wide 30-minute downtime period from 03H00 CET up to 03H30 CET.

SEPA payments are cashless payments in Euro currency that are processed via the Single Euro Payments Area network to facilitate cross-border bank transfers in 36 Eurozone and non-euro area countries. The SEPA payment method makes cross-border transfers fast and cost-effective.
European Payments Council Tipalti

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BRICS Unites Against Dollar: Russia's Move to Embrace DFAs | Crypto News Flash

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Crucial Russian sovereign bond payment received by JPMorgan, processed -source | Finance Yahoo

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SILVER RED ALERT! 76.3Moz of Silver Imported by India in FEBRUARY!! Game Over RIGGERS! (Bix Weir) | YouTube

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Evidence is mounting that many Americans have reached their limit for tolerating higher prices, raising questions about how much consumer expenditures will continue to power US economic growth this year. West Observer

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World Shipping Council Announcement:

A new cargo safety program is being implemented by the World Shipping Council to promote safety features added to the new digital platform for the shipment of dangerous goods being sailed across the waters. The National Cargo Bureau will be heading up these new initiatives. India Shipping News

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Digital Markets Act Announcement:

Following the EU’s continued doubling-down on the implementation of the Digital Markets Act (DMA), it looks like Google has finally begun giving Pixel users an option to change the default search engine on their phones, based on a new report online. PH Android

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BIS’s New Global Agenda: Tokenization and Digital Ownership of Your Assets | YouTube

~~~~~~~~~~

Swiss digital identity law approved by parliament lower house | Biometric Update

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I understand that many people come to this room in hopes of being able to discuss some of their ideas. It's just not that kind of room due to the fact that there are many false narratives at play during the end game.

I keep it this way for a reason. There are a lot of people out there looking for dates and rates and supporting narratives that will give them encouragement for what they are looking for in the near term. I just don't want to put you through all of that and mix up your mind and emotions with thoughts that don't need to be inside you.

I will let you know when I see rate changes. And, I do have very high sources that will enable me to give you that information as soon as it comes out. It costs you nothing to be in this room, but I do hope you do your own research after I make comments in the links that are provided for you.

You will find that I have a reason to say what I say to you coming from sources such as digital developers on the new economy, government resources, lawyer resources, Banking resources, and trading resources. These are the sources of information that will let us know what is being done behind the scenes for us to get to that exchange rate process.

Have a wonderful Sunday, my friends.

© Goldilocks

~~~~~~~~~~

I have noticed that a great interest in my sources of information provided for you the last two and a half years is growing in this room and my Goldilocks Highlights room. When you put the two rooms together, there are over 13,000 people who come to look for this information on a daily basis.

Dee, my friend, has put this information out for a very long time. Her commitment to sharing truthful information with many of you has been met with great energy and effort. Thank You Dee. Your tireless efforts are a great encouragement for me.

This is not counting what the Q&A Room does in explaining and breaking down this information in that room along with the Truth Teller Room on Telegram. Freedom Fighter is a man who clearly wants people to have information that will provide empowerment to their well-being and financial success.

I want to thank Freedom Fighter for all the work that he does to keep these rooms going along with him and Jester who provide quality information beyond what I say on Saturday Night Live.
Jester has proven himself to be accurate in his findings and revelations from his high-level sources on what is going on in the Global Economy for years. He has a couple of rooms here on Telegram, but the one I am most aware of is his Jester's Intel Hub. You have been my inspiration for a very long time my friend.

And most of all, none of this growth would have been possible without Salty Toes who runs the Seeds of Wisdom website bringing all of us together as a group of teachers willing to share insights on what we know.

The Seeds of Wisdom Team recently had a contest to help others in need of care. It involved all of the people who are leaders in sharing information from this group. The following list is made up of those who share information from the Seeds of Wisdom Team.

The results are as follows:

THE LIVING ROOM W/ ELEPHANT IN THE ROOM WHO WINS BY A NOSE
2nd Texas Snake
3rd Q&A w/ Freedom Fighter

HONORABLE MENTION
* 4th - Goldilocks
* 5th - Back to Basics
* 6th - Bob Lock
* 7th - Isaac
* 8th - Jesters Hub
* 9th - Pets
* 10th - Prayers & Encouragement
* 11th - Okie

I am told that Elephant in the Room only one this race because she outstretched her long nose at the finish line. 😉

© Goldilocks

~~~~~~~~~~

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DINARRECAPS8 3/15/24 DINARRECAPS8 3/15/24

Goldilocks' Comments and Global Economic News Friday Evening 3-15-24

Good Evening Dinar Recaps,

Much of our transition taking place around the world has to do with the movement from a World Reserve Asset such as the Dollar to sharing this privilege with many Currencies around the world.

This changes economic policies in countries around the world, and it sets forth the need for new guidelines and protocols inside banking systems and marketplaces.

Laws have to be changed, Banking and Trading Protocols are changed, trading exchange rate percentages have to be changed, and more. On top of all of this, it has to be digitized.

The new Digital Financial System creates new standardized protocols that are backed by gold and other commodities. Everything has to run smoothly and with real values going forward. The QFS runs on precise measures enabling artificial intelligence to come in and carve out new pathways into our future we have never seen before. BIS

© Goldilocks

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Goldilocks' Comments and Global Economic News Friday Evening 3-15-24

Good Evening Dinar Recaps,

~~~~~~~~~~

Stablecoin Announcement:

"Cardano (ADA), a prominent blockchain platform for smart contracts similar to Ethereum is set to introduce its premier fiat-backed stablecoin, USDM, in the United States on March 16th. This launch marks a key moment for the Cardano ecosystem, providing users with a reliable stablecoin pegged to the US dollar and enhancing accessibility to the platform’s features."

USDM coin lunches tomorrow from the Cardano Network. This coin will work well with Ethereum ERC20 smart contracts ensuring funds available on both sides of a trade.

USDM will be "coined" as a leading fiat-backed Stablecoin. It will start in 19 States inside America, and it will begin to move across the rest of them upon availability. Coin Speaker

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"MiCA is a milestone in the cryptocurrency market since it is the first comprehensive regulation for the still-emerging technology. The framework defines the assets that fall under its jurisdiction, who can offer related products and services, and who has the authority to regulate and enforce the legislation." Jan 10, 2024

MiCA is not expected to be fully complete until December, but the Stablecoin regulation portion of this comprehensive crypto regulation is expected to be done by the summer.

Stablecoins will allow the movement of our Tokenized Assets to be bought and sold across various Digital Networks. As we have said before, 90% of the global economy is expected to be tokenized by the end of the year.

The Bitcoin halving on April the 18th through the 22nd will be the takeoff point for many of these new Tokenized Assets to begin their steady climb, adoption, and integration into our new digital asset-based trading system.

At that time, we will see the Digital Economy begin to take our new Financial System into real values. This is expected to create price pressures across all sectors of the market which includes Forex.

The full revaluation of many of these assets will not be seen until early next year, but a new free floating economic system based upon supply and demand is about to transform our Financial World and transition us into a new economy. Coin Gape Investopedia

© Goldilocks

~~~~~~~~~~

In a previous article, Europe stated that they would be finished with their comprehensive cryptocurrency guidelines called MICA by the end of May.

Today, we read that they would be finished with the Stablecoin section by the end of June. This will allow our cryptocurrency Market to accelerate. We also read that their comprehensive cryptocurrency would be finished by December.

After April, our cryptocurrencies will begin to move into a real value. This will put price pressures on currencies on all levels going forward to move into a real value. What remains to be seen is whether or not paper currencies will be invited into this process.

Currently, the full movement of cryptocurrency valuations has not completely started, but they have been released to begin correlating their Market values to new digital platforms being liquidated by people who have money to move the market.

Institutional money is about to change all of that after the Bitcoin halving. As our cryptocurrencies are currently decoupling themselves from predetermined prices, it is important for us to prepare ourselves for new changes that will take place in a rapid fashion after April the 22nd inside our new digital asset-based economy.

These events are layered on top of each other, and the cryptocurrency revaluation will be a major catalyst that will move money into our paper currencies.

© Goldilocks

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Bitcoin DeFi App Sovryn Is Expanding to Ethereum—Here's How - Decrypt

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~~~~~~~~~~

What the PPI is Telling us: Disinflation in “Core Goods,” a Hefty Counterweight to Hot Services Inflation, May be Over | Wolf Street

~~~~~~~~~~

ETNs are bonds issued by financial institutions tracking the performance of underlying assets - in this case crypto assets.

In a separate statement, the LSE said on Monday it would accept applications for the admission of bitcoin and ether ETNs from the second quarter of this year. This is Money

~~~~~~~~~~

From tariffs on high carbon goods to technical regulations that set emissions targets, well-designed trade policy is critical to deliver Net Zero. But there is growing debate over whether such measures are compatible with international law. JD Supra
~~~~~~~~~~

How the ECB’s new operational framework could impact bank liquidity and funding | articles | ING Think

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Gold & Silver supply shortage imminent? Feat. Rob Kientz | YouTube

~~~~~~~~~~

Haiti's Currency Drops Here's What Happened | YouTube

~~~~~~~~~~

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374% – Altcoins Bitcoin News

~~~~~~~~~~

Here’s a full list of ISO 20022 coins and tokens:

XRP (XRP)
Cardano (ADA)
Quant (QNT)
Algorand (ALGO)
Stellar (XLM)
Hedera HashGraph (HBAR)
IOTA (MIOTA)
XDC Network (XDC)
Coin Codex

~~~~~~~~~~

The paper game is DONE | YouTube Shorts

👆 This short video is talking about the paper game in Comex. The Comex paper Gold and paper Silver trades are over.

Look for new physical silver and physical gold prices to emerge.

~~~~~~~~~~

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DINARRECAPS8 3/14/24 DINARRECAPS8 3/14/24

Goldilocks' Comments and Global Economic News Thursday Evening 3-14-24

Good Evening Dinar Recaps,

The Securities and Exchange Board of the India is expanding their framework of Qualified Stock Brokers. This is expected to protect the interest of investors and expand compliance for Stock Brokers engaged in asset exchanges such is foreign currency and more.

These registration requirements for compliance and security are expected within 180 days of March the 8th, 2024. Global Index Providers do not fall under this category. You will be glad to know that many of the foreign currency trades fall under this category.

This does not exclude this sector of the market from expansion or security compliance issues. It will be going through these economic reforms as well. We are just simply not going to have to wait for these changes to be complete to move forward.

Goldilocks' Comments and Global Economic News Thursday Evening 3-14-24

Good Evening Dinar Recaps,

In other words, India is going through a re-indexing process inside their stock market that will enable them to expand their Foreign Currency Exchange Market through the Unified Payments Interface (UPI). The UPI will allow India to focus on their ability to connect to Global Banks near and far through payment systems inside the QFS.

This will allow India to expand their ability to trade with local currencies around the world, instead of, just a few that fall into the category of a World Reserve Asset and higher values in a few other currencies. Affairs Cloud

~~~~~~~~~~

Janet Yellen, United States Secretary of the Treasury is now on record as finally admitting that Higher Inflation and Higher Yields Are Here to Stay.

“It seems unlikely that yields are going to go back to being as low as they were before the pandemic.” Yellen.

Remember, this refers to the old Financial System. Under a Digital Gold Standard Financial System, we will witness gold deflating an inflated economy.

Our tokenized assets are currently being interfaced into the new QFS allowing us to move into a decentralized system incorporating new banking protocols along with trading protocols that will transform our markets into real values.

It will change monetary values in every sector of the market including Forex. This is why many have called it a Global Currency Reset, but it includes every sector of the market and banking system as well. Wolf Street

© Goldilocks

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War Bonds are here...
Bond Investors Are Lining Up to Fund the War Against Putin. | Finance Yahoo

~~~~~~~~~~

RBI, Indonesia's central bank, signed local currency trade agreements. | IBEF

~~~~~~~~~~

Digital Financial Asset Announcement:

Russian President Vladimir Putin signed a law allowing firms in the country to use digital financial assets including the digital ruble in international payments on March 11.

Moscow has fast-tracked the bill in an apparent bid to help domestic companies use digital tokens and CBDCs to evade sanctions. Crypto News

~~~~~~~~~~

Hong Kong Banking Announcement:

Hong Kong begins phase 2 of CBDC pilot
Hong Kong’s central bank will accept proposals on potential use cases of a digital Hong Kong dollar from industry participants until May 17.

The Hong Kong Monetary Authority (HKMA) has launched phase two of its e-Hong Kong dollar (e-HKD) pilot program and urged industry participants to apply and submit potential use cases for its central bank digital currency (CBDC). Coin Telegraph

~~~~~~~~~~

$27 Trillion Expected to Flow into XRP, $500 Possible? | YouTube

~~~~~~~~~~

#Gold is stealing the spotlight this week, but where does #silver stand? | Youtube

~~~~~~~~~~

"Copper rally not over yet, Citi bullish on tighter supply outlook" | Investing
~~~~~~~~~~

I believe the cryptocurrency for copper is XDC. Not a suggestion, just an observation. 😉

~~~~~~~~~~

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DINARRECAPS8 3/13/24 DINARRECAPS8 3/13/24

Goldilocks' Comments and Global Economic News Wednesday Evening 3-13-24

Good Evening Dinar Recaps,

Our Consumer Price Index (CPI) came in higher yesterday than expected. This does not increase our chances of lowering interest rates early this year. The price on goods and services are still high and interest rates along with them made it even higher.

If this persists, it could lead to deflation. A slowing economy is not good for the markets, consumers, or companies.

During deflation, consumers tend to buy gold as well as investors to protect them from a slowing economy and the debasement of their country's currency.

Cryptocurrencies that have a limited number of supply tend to do well along with a backing of gold to support them.

Goldilocks' Comments and Global Economic News Wednesday Evening 3-13-24

Good Evening Dinar Recaps,

We are heading into a strong headwind economically, our tokenized assets "digital gold" will become the bridge into the new economy.

The demand for cryptos supported by gold will provide the new liquidity into the new Digital Financial System offering us the opportunity to reverse our current Financial forecast as we transition into the new digital asset-based trading system. BIS

© Goldilocks

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"Stablecoin sandbox launches in Hong Kong, as companies make plans for cryptocurrencies pegged to local currency"

© Goldilocks

~~~~~~~~~~

"The Hong Kong Monetary Authority launched a plan to trial stablecoins, announced in December, for companies with a ‘genuine interest’ in fiat-backed crypto."

Trial periods can last anywhere from 30 to 60 days. This marks an important event for the world to see if Stablecoins backed by gold and other commodities have the potential to move our economy into a gold standard based on digital assets and new banking protocols designed for a digital economy guided by artificial intelligence.

If this is successful, we will begin to see many Stablecoins enter into the Global Market. It will begin to create price pressures on our paper currency.

We will first see a stabilization of currency prices reverse current trends, and move or monetary system into real values. It is a strong headwind ahead of us, but the work put into this new digital global economy is about to be tested inside the real world. Reversals don't happen overnight. Patience and endurance are definitely needed at this time.

India's Unified Ledger is expected to be a part of this trial along with the Shanghai Exchange. The Chinese Rememidi will serve as a part of this testing.

The HKMA will use this sandbox testing to share ideas on supervisory expectations. It will serve as guidance on the issuance of fiat-referenced Stablecoins in Hong Kong.

As you can see, the Eastern half of our world is beginning to make its move into the new QFS. By the time this testing is complete, Global cryptocurrency regulations are expected to be finished by Europe through MICA. SCMP SCMP 2
We are in the calm before the storm.

© Goldilocks

~~~~~~~~~~

In 2019, China began piloting its central bank digital currency, known as the e-CNY. After a slow start, uptake has accelerated rapidly, with 26 cities serving as test beds and 5.6 million merchants registered to use the currency nationwide as of last year. Its implementation has gone into overdrive in 2023.Oct 10, 2023 SCMP

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The Hong Kong Monetary Authority (HKMA) announced today (12 March) the launch of the stablecoin issuer sandbox arrangement. | HKMA 18 hours ago
~~~~~~~~~~

RBI in discussions with US, Hong Kong, Swift on digital bank payments | Finance News - Business Standard

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~~~~~~~~~~

The Digital Rupee (e₹) or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC).| Wikipedia
~~~~~~~~~~

FDIC official urges better digital asset policy to maintain US influence | CoinTelegraph

~~~~~~~~~~

"From March 11 to 15, securities companies will conduct a trial of order placement and trading activities to guarantee seamless operation, simulating a normal trading day."

Vietnam's version of the QFS (Ho Chi Minh Stock Exchange) is currently on a trial run heading towards implementation. Yesterday, we saw where many of the United States companies were doing Global testing as well.

The QFS is currently in experimentation, and the knowledge we gain from these testing periods will provide insight for us to move forward.

© Goldilocks

https://vietnamnews.vn/economy/1651309/hose-starts-trial-run-of-new-krx-technology-system-on-march-4.html
Vietnam News

~~~~~~~~~~

US Spot Bitcoin ETFs Coming to India From Crypto Investment Platform: Report | CryptoPotato

~~~~~~~~~~

UE: new regulation for sanctions, focus on cryptocurrencies | Cryptonomist

~~~~~~~~~~

Beneath the Skin of CPI Inflation, February: Inflation Saga far from Over, Core CPI & Core Services in Ominous 6-Month Trend | Wolf Street

~~~~~~~~~~

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DINARRECAPS8 3/12/24 DINARRECAPS8 3/12/24

Goldilocks' Comments and Global Economic News Tuesday Evening 3-12-24

Good Evening Dinar Recaps,

"The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity."

This decision is currently shrouded in political conflict, this is seen as a move to gain popularity by many in the region of Iraq.

Although this is going to be a reality due to many of the changes in their monetary policies, there are those who still do not want any changes to Iraq's currency.

The important thing to note in this article is that a rate is being considered. It is also needed due to more countries getting involved in their economy that will require them to raise their current Dinar rate to level the playing field in trade.

Goldilocks' Comments and Global Economic News Tuesday Evening 3-12-24

Good Evening Dinar Recaps,

If you look closer at the numbers written into this article, you will notice that the first move on the Dinar would be to drop the three zeros. It makes things very clear what they mean by such a change in their rate.

Meanwhile, Iraq has agreed to implement their economic reforms this year. They are working with the IMF in this process. https://www.jpost.com/middle-east/article-791161

© Goldilocks

~~~~~~~~~~

Current market trends and statistical analysis are indicating we have a growing economy with the expectation of an interest rate cut this summer.

You may be asking yourself, how is this happening? The market’s focus has pivoted away from from a focus on interest rates to a forecast earnings growth potential. If this continues, liquidity squeeze can be cut to a minimum.

This does not mean fallouts will not occur in some sectors of the market. It just simply means that our markets are adapting to new priced in behaviors expected as the year progresses.

Inflation has an effect on buying bonds inside various countries along with more demand for a country's products and interest rates. The last few years has been characterized as an adjusting of the above monetary mechanisms across all countries.

The IMF has been meeting with these countries and working on shifts in monetary policies that reflect a "Level Playing Field" in trade and opportunity for the Global Economy.

Article 4 is more than just changing a country's exchange rate. It is a change in the mechanisms and monetary policies that will help each country achieve new price actions across all sectors of their market. The World Trade Organization is still working on some of these changes.

Many of these changes are expected to formulate new price pressures in the second half of this year due to these fundamental shifts and the economic factors holding them back are falling away.

De-dollarization is only one factor that will create the much needed changes for a Global Currency Reset. It takes the coordination and involvement of all countries to create lasting change.

I have been watching the IMF work with countries for the last few years in developing their economy into network connections that will move their economy into a much higher level. Bilateral Trade Agreements have been signed throughout these past few years that will increase more demand on a country's products increasing the value of their currencies.

And now, Protocol 20 is advancing these new trade opportunities through the interfacing of networks on the digital financing system capable of making changes such as these a reality. Smart Karma CME Group Schwab

© Goldilocks

~~~~~~~~~~

Here's how XRP can become stablecoin, per Grok The AI chatbot launched by Elon Musk’s recently founded xAI startup believes that XRP can be turned into a stablecoin with help from Automated Market Makers AMMs; they would work as a stabilization mechanism, using USDC or another similar stablecoin.

Read more on U.Today https://u.today/xrp-can-become-stablecoin-elon-musks-ai-grok-says

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High-value, high-risk: Bribery, corruption and fraud threats to the luxury goods sector | White & Case LLP - JDSupra

~~~~~~~~~~

Several of these are going to show up around the world at this point. | Grayscale

~~~~~~~~~~

"National Development Fund Partners with World Economic Forum" National Development Fund (NDF), Riyadh is located in Saudi Arabia.

Saudi Arabia is aligning themselves with International Financial Institutions. This will enable them to get up to date information on Financial opportunities that will aid them in decision making processes.

In their pursuit of trading in local currencies, this will give them the opportunity to participate and associate themselves inside the World Economic Forum capable of helping them achieve these efforts.

Raising the National Development Fund's standing on the world stage will give Saudi Arabia the tools to join Digital Networks designed to level the playing field between the world and their desire to become equal partners on the Global Stage.

In turn, this will not only raise the value of their economies' presence in the world, but it will raise the demand for all currencies involved in the Saudi Arabia economic opportunities. SPA gov EN AS Top 1000 Funds

© Goldilocks

~~~~~~~~~~

Our Global Economy is still building International coalitions. Many of these will come into fruition the second half of this year, and the Global Payment Systems will begin to put price pressures on all Nations around the world through new demands placed on their currencies.

© Goldilocks

~~~~~~~~~~

FDIC vice chair wants regulators to hurry up on addressing tokenization. Tokenization could be a “major leap” for the monetary system. Travis Hill doesn’t want the U.S. to be left out.

The monetary system “stands at the cusp of a major leap,” the Bank of International Settlements wrote last year, in reference to the growing development of tokenization: the representation of claims digitally, on programmable platforms known as the blockchain and distributed ledger technology.
Banking Dive

~~~~~~~~~~

Bloomberg analysts substantially lower likelihood of spot Ethereum ETF approval in May to 30% | The Block

~~~~~~~~~~

"Global banks participate in large-scale blockchain pilot test"

No one can deny the fact that we are moving into a global digital economy at this point. When you have "...155 participants from 45 major organizations have settled real-world assets across 22 blockchains," you have a consensus model.

Major financial institutions such as Goldman Sachs, BNY Mellon and Cboe Global Markets completed a large-scale pilot test using blockchain technology. Yes, this included the Forex Market on the CBOE Exchange.

"Institutional investors executed over 350 simulated transactions via distributed ledger technology in areas such as tokenized assets, fund registry, digital cash, repo, securities lending and margin management on the Canton network."

The pilot test included:

* 15 asset managers
* 13 banks
* four custodians
* three exchanges
* and the Stablecoin issuer Paxos Trust.

“With the Canton Network, a digital bond and a digital payment can be composed across two separate applications into a single atomic transaction, guaranteeing simultaneous exchange without operational risk,” according to a press release from Canton. It added, “Likewise, a digital asset could be used in a collateralized financial transaction via connection to a repo or leveraged loan application.”

The Canton Network includes:

* Deloitte
* Deutsche Börse
* Microsoft
* Moody’s
* and S&P Global.

Folks, we have an operational Digital Global Monetary System. It has been tested and awaiting final touches on the digital payment system (stablecoins), messaging system, and crypto regulations to move through the legislative process.

If you have been doubting that the new Financial System is "digital," it's time to wake up. CoinTelegraph

© Goldilocks