Goldilocks, Bix, Andy and more....Sunday Afternoon 3-12-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning again Dinar Recaps,
Goldilocks posted the following comments and link:
It looks like we're on our own folks.
And really, the only way to get to real values is to see just where we stand as we approach the new digital asset-based trading system.
No bailouts for Silicon Bank is a huge statement about where we stand as an economy.
We are being told that we have no more liquidity to spare. Here comes the phase of finding real values whereby the revaluation of everything will come into play.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning again Dinar Recaps,
Goldilocks posted the following comments and link:
It looks like we're on our own folks.
And really, the only way to get to real values is to see just where we stand as we approach the new digital asset-based trading system.
No bailouts for Silicon Bank is a huge statement about where we stand as an economy.
We are being told that we have no more liquidity to spare. Here comes the phase of finding real values whereby the revaluation of everything will come into play.
© Goldilocks
Goldilocks Cont……..
Yellen says no federal bailout for Silicon Valley Bank
https://www.disclose.tv/id/1634911923585073152/
~~~~~~~~~~
RJ: Goldilocks just posted the following:
Just announced:
THIS MORNING the FEDERAL RESERVE having a meeting at "11PM" TONIGHT
* Fox News
Goldilocks' Telegram Room
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Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks
Thank you Dinar Recaps
*************
Okie #WEARETHEPEOPLE (Not OkieOilMan)
JUST RECEIVED WORD FROM SOURCES THAT ALL SYSTEMS ARE GREEN TO GO.
BANKS ARE CLOSED ON SUNDAY. THERE ARE NO MORE HOLD UPS OR DELAYS.
WE ARE SIMPLY WAITING ON THE BANKS TO POST THE RATES.
WE ARE ON TARGET. SIT BACK AND RELAX. NO SWEATS, NO FRETS. EVERYONE IS SAFE.
*************
Courtesy of Dinar Guru
Nader From The Mid East My friend from California called me and gave me great news. He's amazing...very smart guy, very sharp. He said...'you guys are international'...I can send you money from Iran and you revise it in dollar. You can send money anywhere in the world - you'll receive it in your currency wherever you are. We are International...That's good news. That's great news. We are international.
Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD...
**************
KTFA:
Clare: After setting the date for its approval.. The Sudanese advisor announces the content of the budget
3/12/2023
The economic and financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Sunday, the most prominent items that will be included in the federal budget for the fiscal year 2023.
Saleh told Al-Furat News that: "Social spending, according to the government program approved by parliament last October, is the most prominent issue in the operational aspect of the budget."
"What is meant here is social welfare and the fight against poverty and unemployment," he added.
Saleh continued, "As for the investment side, infrastructure or basic services will have priority, especially municipal services related to people's lives, such as water and sewage networks, roads, schools, hospitals, and others."
And the advisor to the Prime Minister, Diaa Al-Nasseri, announced that the draft budget law for the current year 2023 "will be approved in a special session of the Council of Ministers tomorrow, Monday."
And the Minister of Finance, Taif Sami, announced today, Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it. As well as providing a safe cover for strategic and sustainable development projects.
From: Raghad Dahham LINK
SILVER ALERT! Bank Runs Have Started! Chicken Little Was RIGHT! BUY SILVER!
(Bix Weir) 3-12-2023
I was 23 years early but that's much, much better than being 1 minute late!!
Bank Runs have already started and not just at Silicon Valley Bank.
There are 18,400 Regional Banks that will likely CLOSE THEIR DOORS by the end of the month!
CHICKEN LITTLE HAS SPOKEN!
SILVER ALERT! Physical Silver UPDATE...Where Will the Billionaires Put Money Now?!
(Bix Weir and Andy Schectman)
The world is running out of places to store their wealth.
The mega rich billionaire club has to move assets out of the system and FAST!
Silver & Gold are the SAFEST alternatives to cash! HANG ON TIGHT!
Goldilocks The Reset, USN's, SVB and more" Sunday 3-12-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted a commentary with a link on the status of our economic system:
"Good morning. In today’s newsletter: US banks could be sitting on more than $600 billion in unrealized losses. Plus, what you need to know for the week ahead."
Finally, we are beginning to hear open discussions about how our economic system is really doing.
Tomorrow, our government is going to sit down and go over options on how to restructure our debt going forward.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted a commentary with a link on the status of our economic system:
"Good morning. In today’s newsletter: US banks could be sitting on more than $600 billion in unrealized losses. Plus, what you need to know for the week ahead."
Finally, we are beginning to hear open discussions about how our economic system is really doing.
Tomorrow, our government is going to sit down and go over options on how to restructure our debt going forward.
Several defaults have already taken place, but tomorrow's meeting is going to be a closed meeting to deal with how our government is going to minimize the damage going forward.
This is the part of our reset into real values based upon our current situation, and not, the old way of doing things business as usual.
This is just as much part of the reset as March the 20th and currency values.
For the past year and a half when we are completely done, we have gone through a standardized process of setting protocols in place to meet the needs of our coming economy.
There is light at the end of this tunnel, but life teaches us all one thing. It is always the darkest just before dawn.
© Goldilocks
~~~~~~~~~~
RJ: Goldilocks posted an article on the Iraqi Dinar:
UrgentMinister of Finance announces the completion of the draft budget and its sending it to the Council of Ministers
~~~~~~~~~~
RJ: Goldilocks posted this article on SVB Bank:
The FDIC said in the announcement that insured depositors will have access to their deposits no later than Monday morning.
SVB’s branch offices will also reopen at that time, under the control of the regulator.
The FDIC’s standard insurance covers up to $250,000 per depositor, per bank, for each account ownership category.
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html
~~~~~~~~~~
RJ: Goldilocks posted a commentary with a link:
As you can see in this report, certain qualified large institutions are able to trade securities with the Deutsche Bank.
What I hope you notice is the 2 dollar series being bought and sold.
One is the US dollar and the other is USN notes.
This process of Exchange under 144a gives large institutions the ability to move large sums of cash money into the new financial system.
We did this process back in 1933 during currency change protocols requiring new money to fulfill financial obligations of that time.
© Goldilocks
DEUTSCHE TELEKOM INTERNATIONAL FINANCE B.V. ANNOUNCES EARLY PARTICIPATION RESULTS AND AN INCREASE IN THE OFFER CAP OF CASH TENDER OFFERS FOR TWO SERIES OF ITS U.S. DOLLAR NOTES
~~~~~~~~~~
Goldilocks' Telegram Room
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Thank you Dinar Recaps
More News, Rumors and Opinions Saturday Evening 3-11-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted comments with a link:
"Nine banks and three central banks participated in testing Swift's API-based CBDC connector across two blockchain networks and fiat-based payment systems."\
The digital dollar has been tested (12 weeks) and ready to be implemented inside the new Global Digital Economy being activated on March 20th 2023.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted comments with a link:
"Nine banks and three central banks participated in testing Swift's API-based CBDC connector across two blockchain networks and fiat-based payment systems."\
The digital dollar has been tested (12 weeks) and ready to be implemented inside the new Global Digital Economy being activated on March 20th 2023.
© Goldilocks
Swift Concludes 12 Weeks of Tests on CBDC Interlinking Solution - Regulation Asia
https://www.regulationasia.com/swift-concludes-12-weeks-of-tests-on-cbdc-interlinking-solution/
~~~~~~~~~~~
Goldilocks posted the following Youtube video, but it is no longer available. Maybe the title will be enough to explain when looking at all the articles as a whole!
ALERT! Gold & Silver Money COMING as Fed Has to ACT to SAVE ALL BANKS...Watch Next Week!! (Bix Weir) https://youtu.be/HWjV4mxHvFc
~~~~~~~~~~
RJ: Goldilocks posted several relevant articles with a comment in between:
The Silicon Valley Bank crisis will force the Fed to slash rates by 100 basis points to prevent contagion, market guru says
I won't say this is going to happen right away, but it is about to happen. Be ready for price action changes across all market sectors, department stores, and more.
Everything is about to go to real values.
* Goldi
~~~~~~~~~~
What Comes After The Great Liquidation?
https://www.zerohedge.com/markets/what-comes-after-great-liquidation
Goldilocks posted an article from the Federal Reserve with comments:
Matter(s) to be Considered:
1. "Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks."
A discount rate is an interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.
This is another way of saying that Banks and other financial institutions are undergoing a restructuring of their debt.
It is a formal announcement indicating that the Federal Reserve is in process of resetting a financial economy.
© Goldilocks
https://www.federalreserve.gov/aboutthefed/boardmeetings/20230313closed.htm
Goldilocks' Telegram Room
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Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks
Thank you Dinar Recaps
************
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news...saying we're going to be the hub for the trading world for the region as well as to reach international means. Telling us our float will add value to our currency. FRANK: We March into the month of March to show your new exchange rate and your new small category notes and everything you just told me enforces it...
Bruce [via WiserNow] ...we've heard this from three or more different sources - some are saying that we will receive this [notifications] in three to four days, which would be Friday, Saturday, Sunday...or Monday...two other sources has specifically said that we would receive this over the weekend...I just don't know if it's going to stretch us out to early next week...I know it's coming...So we are really, really close...I would think we'd be pretty, pretty good shape for Saturday or Sunday.
Gerald Celente: US Government Pumps $29 Trillion Into Economy - Now We're Going Down!
Good as Gold Australia: 3-11-2023
In this latest interview, Darryl and Brian Panes chat with the one and only, Gerald Celente - Director of the Trends Journal Research Institute and the Publisher of the Trends Journal where you read about history before it happens.
The Governor of the Reserve Bank of Australia just handed down the 10th successive interest rate increase. It was another .25% taking the cash rate to 3.6%. That's added $1500 a month to a $750,000 mortgage.
Simply put, Australians can't afford it. Australian residential land value to GDP ratio is now higher than Japan's at the height of the 1989 bubble when we saw property prices drop around 70%.
During Japan's property bubble, the ratio of residential land value to GDP hit a record of more than 330%.
Australia has just beaten that record. Also, during the period before the global financial crisis in the US, property prices rose by the equivalent of 60% of GDP. Australia has experienced an increase of 100% of GDP in the last 3 years.
Japan experienced a major boom in the early 1980s that saw property and stocks explode in value, with skyrocketing asset prices blamed on easy credit and rampant speculation, coupled with a lax central bank - strong similarities with the US and Australia.
Land and real estate rose by nearly 170% between 1985 and 1990, while stock prices doubled between 1987 and 1990. The bubble began to burst at the end of 1989 when the bank of Japan started to sharply raise interest rates in an attempt to curb runaway prices.
Asset prices subsequently crashed, leading to a period of economic stagnation from 1991 to 2001 - striking similarities.
Could the US and Australia emulate Japan's lost decade? Gerald believes we are in for the worst socio-economic and geopolitical disaster in modern history.
We have never seen anything like this before. There are so many wild cards - military conflict in the middle east would send oil prices to over US$130 a barrel.
This would crash all economies, equity markets, housing markets.
It would bring everything down! We are on a knife's edge!
In 2008 the GFC hit and the Federal Reserve grew its balance sheet by more than 500%.
In 2020 due to the pandemic, the FED expanded again and the money supply increased by more than 100%. In each case, stocks, bonds, real estate, fine art and collectibles surged.
In both periods, we had massive money printing which correlates to massive inflation.
During the GFC period until now, Gold has increased by 180%. During the pandemic until now, Gold has increased by 7%.
THE FED's BALANCE SHEET HAS INCREASED BY 10x OR 1000%. Should one be seeing this currently as a 'fire sale' on gold and silver?
Goldilocks "Prepare Yourselves for the Old Guard to Fall" 3-11-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and a link:
CFTC Staff Announces Modifications to the Technical Specification for Parts 43 and 45 | CFTC
Swap data repositories (“SDRs”) are new entities created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).
These are set in place to provide a central facility for swap data reporting and record keeping.
As of Friday, banking systems are now able to use the new Unified Payment Interface (UPI) on the QFS for foreign currency swaps.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and a link:
CFTC Staff Announces Modifications to the Technical Specification for Parts 43 and 45 | CFTC
Swap data repositories (“SDRs”) are new entities created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).
These are set in place to provide a central facility for swap data reporting and record keeping.
As of Friday, banking systems are now able to use the new Unified Payment Interface (UPI) on the QFS for foreign currency swaps.
Two final modifications have been approved and completed. These modifications are the following:
"Implement UPI for credit, equity, foreign exchange, and interest rate asset classes to continue aligning reporting requirements with international standards developed by the CFTC and other global regulators; and
Provide clarity to market participants with respect to compliance obligations."
Goldilocks: Here we go. Since we have moved into a gold-backed setting since the first of the year, the Commodity Futures Trading Commission will be overseeing these events.
It is time to prepare ourselves for the Old Guard to fall, and the new Quantum Financial System to raise us from the ashes.
© Goldilocks
https://www.cftc.gov/PressRoom/PressReleases/8673-23
~~~~~~~~~~
RJ: Goldilocks posted this article:
CFTC Chairman Says Ethereum Is A Commodity - Bitcoinik
https://bitcoinik.com/cftc-chairman-says-ethereum-is-a-commodity/
To read more from Goldilocks join the telegram room.
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Goldilocks "OCC, Real Time Payment Systen and more" Friday 3-10-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments with 2 links:
OCC Calls for International Cooperation on Crypto Rules - Banking Exchange
"The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury and is led by the Comptroller of the Currency."
Goldilocks: Here we have the OCC Calling for International Cooperation on Crypto Rules.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments with 2 links:
OCC Calls for International Cooperation on Crypto Rules - Banking Exchange
"The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury and is led by the Comptroller of the Currency."
Goldilocks: Here we have the OCC Calling for International Cooperation on Crypto Rules.
Acting Comptroller Michael Hsu has just endorsed Basel Committee proposals.
These International Standards on crypto exposures are currently being presented to regulators around the world to collaborate at an International level in overseeing crypto-assets.
This call for International partnership comes just 11 days before the International Payment System is activated on March 20th.
© Goldilocks
https://m.bankingexchange.com/compliance/item/9592-occ-calls-for-international-cooperation-on-crypto-rules
https://www.occ.treas.gov/about/who-we-are/organizations/index-organization.html#:~:text=The%20Office%20of%20the%20Comptroller,the%20Comptroller%20of%20the%20Currency.
~~~~~~~~~~~~
RJ: Goldilocks posted this article from Watcher Guru
Source: Review Magazine
Jerome Powell Says He’s Been Watching the Crypto Space and the Turmoil
Speaking today, Fed Chair Jerome Powell (https://watcher.guru/news/jerome-powell-says-hes-been-watching-the-crypto-space-and-the-turmoil) says the US will have real-time payments “very soon.”
Moreover, Powell spoke on the potential integration of a CBDC that won’t arrive for “years,” whereas the implementation of real-time payments for all banks is realistically close.
At the Federal Reserve’s Semi-Annual Monetary Policy Report meeting, Powell discussed topics from a potential US debt default (https://watcher.guru/news/federal-reserve-chair-warns-against-assumption-it-can-protect-the-economy-in-a-debt-default) to stablecoins. Subsequently, he answered questions on the instant payments between bank accounts. Assuring us it is just on the horizon.
~~~~~~~~~~~
RJ: Goldilocks posted comments and a link:
"Wall Street Regulator to Unveil New Cybersecurity, Customer Data Rules"
Broker-dealer rules are going into effect. The expectation is to adopt internal policies, alerting the commission to incidents, and publicly disclosing them.
These SEC regulations are already in play, but they are becoming inclusive of the digital economy.
~~~~~~~~~~
RJ: Goldilocks posted this article:
Bank Stocks Got Wacked: Between a Rock and a Hard Place as Banks Run Out Free Money | Wolf Street
RJ: Followed by this commentary with link:
Four Biggest U.S. Banks Lose $52 Billion in Market Value
Liquidity is going away rapidly at this point, and this is just the beginning. Four major Banks lost a lot of liquidity yesterday.
Many people are not taking into account that the digital world will utilize less dollars going forward and have a profound effect on the demand and use of it.
The transition may not be as smooth as people hope for going forward, but it is a path well prepared for to meet the demands of the new digital economy.
The US Dollar will be transitioned into USN notes, and then demands for circulation of these new notes will be shared with the new digital-asset currencies.
The lowering of the demand on a World Reserve Currency will make the transition feel like riding a young bull for the first time who has something to prove to his rider simply trying to hang on.
© Goldilocks
https://www.wsj.com/livecoverage/stock-market-news-today-03-09-2023/card/four-biggest-u-s-banks-lose-47-billion-in-market-value-8fmAmiqs4PDb1F60OSFg
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RJ: Goldilocks posted a follow-up note on the OCC:
The OCC has given the green light for the activation of the International Payment System on March20, 2023.
This is the beginning stages of the new digital asset-based economy, and the process will complete itself on June 30th.
In other words, this is the "starting point" of the revaluation of all things including the currencies.
It will not be done in one single day, but several sectors of the market have to be revaluated. The currencies are one of them, but it is the digital currencies that will lead the way.
© Goldilocks
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Goldilocks "Iraq, Supply Chains, HBAR and more....." Thursday 3-9-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks made this comment with a link first thing this morning:
Iraq is adopting a National Currency. A National Currency is issued and approved by a Central Bank. It is accepted as the dominant currency exchanged inside a country.
Their Council of Ministry is in process of implementing policies to move forward with the Iraqi Dinar.
The Iraqi dinar is currently being designated as the National Currency used in electronic devices as the point of sale.
Our CBI Banker has just vetted the Iraqi Dinar National Currency article as true.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks made this comment with a link first thing this morning:
Iraq is adopting a National Currency. A National Currency is issued and approved by a Central Bank. It is accepted as the dominant currency exchanged inside a country.
Their Council of Ministry is in process of implementing policies to move forward with the Iraqi Dinar.
The Iraqi dinar is currently being designated as the National Currency used in electronic devices as the point of sale.
Our CBI Banker has just vetted the Iraqi Dinar National Currency article as true.
© Goldilocks
RJ: Goldilocks posted a comment with link:
Supply chains are beginning to see pre-pandemic normal ranges again, but they are cautioning that not everything is back to business as usual. Rail shippers are still having issues on the ground.
There is a huge synchronization undertaking taking place around the world in the movement of goods and services in a timely manner.
It is believed that the standardization of a digital-asset system coordinated by a Quantum Financial System will help ease the movement of supplies and create greater money flows going forward at fair prices.
These new electronic mechanisms are gaining traction and propelling us forward into an electronic age.
Here, an International Payment System will take into account all of the different electronic mechanisms around the world and unify them in a standardized process to move money more freely and securely.
Watch the water.
© Goldilocks
https://www.supermarketperimeter.com/articles/9412-supply-chains-begin-to-see-improvement
~~~~~~~~~~~
RJ: Goldilocks posted a comment:
Goldilocks: It is becoming increasingly clear that a digital asset-based trading system standardizing the use of sound money and electronic mechanisms is the only way forward.
On March 20th, the activation of an International Payment System will bring together all the different electronic mechanisms around the world into a unified protocol.
The ISO20022 will clarify purchase agreements and serve as a message contract between nations who are exchanging digital processes.
Demand will equal greater values for all countries involved in utilizing their own digital asset monetary system.
The value of money is about to be tokenized, and this tokenization process backed by sound money will begin to revalue and standardize prices of individual currency values around the world.
© Goldilocks
~~~~~~~~~~~~
Goldilocks posted this link and then a comment:
HEDERA HBAR: UNSTOPPABLE GIANT HBAR HAS STARTED TO TAKE OVER. HBAR IS WAKING UP
March 15th is the upgrade date scheduled for hbar.
Many more posts can be found here:
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Hedera (HBAR) Explained
Everything You Need To Know About Hedera’s History and Technology
By Eric Rosenberg Updated on November 10, 2021
Hedera (HBAR) is a cryptocurrency that runs on a blockchain known as a hashgraph. The Hedera Hashgraph enables cryptocurrencies, smart contracts, and distributed apps (DApps). Hedera is owned and backed by some of the biggest corporations in the world and uses a different version of the proof-of-stake consensus algorithm to offer faster transaction times, lower fees, and lower energy use compared to other cryptocurrencies.
Hedera relies on a unique communication protocol that’s different from proof-of-work blockchains like Bitcoin. The Hedera distributed ledger runs on a group of nodes operated by large companies like Google and IBM using a “gossip protocol” algorithm to ensure fast, low-cost transactions.4
According to Hedera, the network can handle more than 10,000 transactions per second with a three- to five-second settlement and confirmation time. The average cost of a transaction on Hadera is just $0.0001 cent, requiring a fraction of the energy consumed by the best-known blockchains.1
Note: Hedera is owned and governed by major corporations such as Google, IBM, Boeing, LG, T-Mobile, Nomura, Deutsche Telekom, and others.
Read more here: https://www.thebalancemoney.com/hedera-hbar-explained-5196834
Goldilocks "Digital Banks, Digital Economy and more" Wednesday 3-8-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted several comments with links this morning.
"Kraken Bank is on track to launch soon, according to Kraken chief legal officer Marco Santori."
"Kraken originally won its bank charter approval in 2020."
Goldilocks: The bank, fully online, will provide “comprehensive deposit-taking, custody and fiduciary services for digital assets.”
Did anyone see this coming? Crypto exchangers having the ability to turn their digital companies into a bank?
Are banks becoming exchange centers for the new digital economy?
It sure does look that way.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted several comments with links this morning.
"Kraken Bank is on track to launch soon, according to Kraken chief legal officer Marco Santori."
"Kraken originally won its bank charter approval in 2020."
Goldilocks: The bank, fully online, will provide “comprehensive deposit-taking, custody and fiduciary services for digital assets.”
Did anyone see this coming? Crypto exchangers having the ability to turn their digital companies into a bank?
Are banks becoming exchange centers for the new digital economy?
It sure does look that way.
© Goldilocks
https://cryptobriefing.com/kraken-to-launch-its-own-bank-very-soon/
Goldilocks: Now that we have an International Treaty Agreement signed and funded through green bonds among countries of the world, here come the regulations to protect our oceans natural resources.
These new Maritime Laws will affect the shipping industry. In a move to create a cleaner environment, certain paths on the ocean will be rerouted.
The ocean has minerals and healing properties within it that allows humanity to function well and healthy. These new regulations were finished last December and ready to go into effect as soon as possible.
This will enable us to provide new medicines of the future designed to heal the bodies' natural connections to the water. This effort is more than just a safe harbor for our oceans' resources it is a necessity in saving the human race itself.
© Goldilocks
https://www.theenergylawblog.com/2023/03/articles/maritime/operational-compliance-with-the-new-safer-seas-act/
~~~~~~~~~~
RJ: Goldilocks posted a note from Sam Oliver and a comment:
True abundance is more than the accumulation of money over a period of time.
It is the recognition that existence itself and the recognition of what we have been given in just being alive is enough.
For within this understanding is a knowing that we do not belong to ourselves, we belong to a universal awareness that has its roots in all of Creation itself.
© From my friend and fellow team trader on the market.
Sam Oliver
Folks, we are changing more than just an economy. We are realigning ourselves to an economy of the spirit who's understanding of abundance is unlimited.
Just think, our money of the future will be held in accounts in cyberspace.
A great deal of our understanding in the world we live is going to shift our attention towards an ecology of the spirit.
How we view our money and our lives is changing. A transformation of our entire being will bring back the days of old when a handshake was more than a promise. It was backed by an intention to secure a transaction based on real values.
© Goldilocks
~~~~~~~~~~~
RJ: Goldilocks posted a comment on Cross Border payments with link:
Cross-border payments have reached an ‘inflection point’
The G20 Roadmap has recognized that the importance of cross-border payments has reached a turning point.
They are now setting standards or initiatives to implement the process forward on cross border payments.
We are witnessing several articles explaining to us that institutional money is clearly behind the new International Payment System (ISO20022).
© Goldilocks
https://www.omfif.org/2023/03/cross-border-payments-have-reached-an-inflection-point/
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Goldilocks "International Organisation for Standardisation (ISO)" and more 3-7-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted this TikTok late last night and posted a comment on it this morning to reiterate the timing:
Stalwart Trust Company on TikTok
https://www.tiktok.com/t/ZTRW9VLvG/
it's nice to hear a Trust Company talk about the same thing we discussed in this room about a week ago. Word is getting around.
Again, the revaluation of everything begins March 20th and ends on June 30th 2023.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted this TikTok late last night and posted a comment on it this morning to reiterate the timing:
Stalwart Trust Company on TikTok
https://www.tiktok.com/t/ZTRW9VLvG/
it's nice to hear a Trust Company talk about the same thing we discussed in this room about a week ago. Word is getting around.
Again, the revaluation of everything begins March 20th and ends on June 30th 2023.
© Goldilocks
RJ: Goldilocks posted 3 articles on sustainable finance and comments:
"What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and projects."
This new banking announcement BS ISO 32210 is a clear indication that sustainable financing has been in development for years.
"The British Standards Institute (BSI) supported by the International Organisation for Standardisation (ISO) has this week launched a new sustainable finance standard."
Look for new development projects to be activated soon. We talked about their funding almost a year ago. It was when we talked about green bond initiatives on the QFS for countries to invest in them.
Here is an article to jog your memory of that discussion.
https://www.bis.org/about/bisih/topics/green_finance/green_bonds.htm
© Goldilocks
https://www.regulationasia.com/new-iso-standard-for-sustainable-finance-launched/
https://finance.ec.europa.eu/sustainable-finance/overview-sustainable-finance_en#:~:text=What%20is%20sustainable%20finance%3F,sustainable%20economic%20activities%20and%20projects.
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RJ: Goldilocks posted the following article and pointed to it so we would not miss it:
Project Icebreaker: breaking new paths in cross-border retail CBDC payments
https://www.bis.org/publ/othp61.htm
Goldilocks' Telegram Room
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Goldilocks on the Seeds of Wisdom Team Website
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Goldilocks, DJ and Nader Monday Afternoon 3-6-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks just posted the following note for clarification:
This is a note to clarify some conversations taking place in currency circles.
As I have noted in a previous conversation, we have two entry points for the RV to begin.
On March the 20th, the banking system opens up the International Payment System.
This will unify the global payment system and create more demand that eventually turns into higher values.
On June 30th, everything will be completely transitioned to a gold standard economy.
The revaluation of everything will be taking place during this time as a whole, and not, on a specific date.
It has always been a step-by-step process in this journey leading up to an event, and not, a set date.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks just posted the following note for clarification:
This is a note to clarify some conversations taking place in currency circles.
As I have noted in a previous conversation, we have two entry points for the RV to begin.
On March the 20th, the banking system opens up the International Payment System.
This will unify the global payment system and create more demand that eventually turns into higher values.
On June 30th, everything will be completely transitioned to a gold standard economy.
The revaluation of everything will be taking place during this time as a whole, and not, on a specific date.
It has always been a step-by-step process in this journey leading up to an event, and not, a set date.
© Goldilocks
Goldilocks' Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks
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DJ: DID YOU KNOW
To understand how and why the GCR is inevitable, we need to peer into currency activity globally.
Since Zimbabwe is in the public’s view what’s up with the ZIM? Due to a mass exodus of much of Zimbabwe’s labor pool, from bad government policies of nationalizing the agricultural industry, the country’s financial system collapsed.
To support public project spending, the government printed surplus Zim dollars, too many, in fact. Printing too much currency creates inflation and by 2008 the Zimbabwe inflation rate climbed to 516,000,000,000,000,000,000 percent.
So in 2008 Zimbabwe printed the $100 trillion Zim note. By Jan 2009 it was worth $30 U.S. , by 2011 $5 and by 2015 it was worth 40 cents.
The government would go on to abandon its currency entirely and adopted the U.S. dollar and the South African rand as their official currency.
In 2019 Zimbabwe introduced its own new currency. The new Zim was supposed to be equal to the U.S. dollar, now in 2023 it takes $322 ZWL (Zimbabwe dollars) to equal $1 U.S. For these reasons and others, is what prevents the adoption of a universal currency.
But what we are seeing in the global activity is the integration of separate currencies within regions into unified currencies.
A notable example of this is the adoption of the euro. As of 2023, 20 countries in Europe use the euro instead of their local currencies. Eight West African countries, since 1945, use a common currency called the CFA franc, ( French Colonies in Africa) . Another six Central African countries have adopted the CFA franc.
The CFA now stands for the “African Financial Community”. It was renamed the “eco” in 2019 and pegged to the euro, but implementation has been delayed until 2027.
In 2008, Central American nations agreed to create a single currency for the region but as of 2023 it has not happened yet.
In Jan 2023, Brazil and Argentina announced plans to start work on a common currency, in which they would invite other Latin American countries to join. You see the same currency behavior in Asia, Asia Minor, the Middle East and Slavic nations.
This same concept of unified currency takes place throughout the different sectors of the world. The benefits of doing this makes it easier to compare prices and makes it cheaper and safer for businesses to buy and sell within their area.
The disadvantage is a debt-laden country can no longer devalue its own currency to make goods more attractive to buyers from other countries.
There are 180 currencies in the world circulating in 197 countries. The top ten currencies, traded daily, cover 90% of the global use of currencies with the U.S. dollar being over 50% of the 90%.
By unifying currencies by sector it strengthens their use (demand) and decreases the reliance of foreign currency in their respective nations’ economies, thus eliminating foreign manipulation and influence of their sovereign affairs.
The GCR only has to affect a portion of the 180 currencies to be implemented.
The objective is to level the playing field for cost of goods and services and insure a nation’s sovereignty. It will curb a country’s need to over-print its currency and potentially destroy its own economy.
The financial collapse of any nation’s economy has ripple effects globally.
DJ
Goldilocks Monday 3-6-2023 "CBDC's and Stable Coin"
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted 2 commentaries with links and a statement this morning:
"The U.S. Treasury Department is still considering different aspects related to the introduction of a digital currency controlled by the central bank."
The Treasury's CBDC Working Group is studying both wholesale and retail CBDCs.
So far, Central Bank Digital Currencies are having trouble being scaled for utility purposes in the local economy.
Currently, their use case operability causes technical issues.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted 2 commentaries with links and a statement this morning:
"The U.S. Treasury Department is still considering different aspects related to the introduction of a digital currency controlled by the central bank."
The Treasury's CBDC Working Group is studying both wholesale and retail CBDCs.
So far, Central Bank Digital Currencies are having trouble being scaled for utility purposes in the local economy.
Currently, their use case operability causes technical issues.
CBDC does have a value in supporting Stablecoins. They have the ability to simplify the process of transferring value among stablecoins providing more flexibility in the use of Stablecoins.
© Goldilocks
Iraq's Ministry of Finance had a meeting with the Director of the World Bank Office in Iraq.
It was "confirmed on Sunday that the government is determined to proceed with a package of reforms to provide the requirements of a balanced economic renaissance in Iraq, according to a statement issued by the Finance Ministry."
In other words, Iraq has made the decision to grow several segments of the economy in a harmonious manner.
This move takes their economic reforms into the private sector allowing growth from within the country to become self-sustaining.
This will create an environment whereby growth inside the country and outside the country will be met with supportive reforms ensuring their growth.
© Goldilocks
https://www.iraqinews.com/iraq/iraqi-government-to-carry-out-reforms-for-economic-renaissance/
~~~~~~~~~~~
Goldilocks: We are now getting clear deviation points of what the Central Bank Digital Currencies can and cannot do.
Now, look for more Stablecoin regulations to begin.
This will finalize payment options inside our local economy.
© Goldilocks
Goldilocks' Telegram Room
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Goldilocks Sunday 3-5-2023 "Watch The Debt Clock"
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks further explains where we are with statements commentaries and links. Goldilocks made a statement followed by another statement with a link this morning
Do you see the importance of the two entry dates for the RV I mentioned weeks ago?
March the 20th 2023 activates the new digital asset-based trading system.
And, June 30th 2023 activates the full revaluation of the global economic system through Sofr lending services.
March the 20th begins the revaluation process into our new economy and June the 30th completes it.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks further explains where we are with statements commentaries and links. Goldilocks made a statement followed by another statement with a link this morning
Do you see the importance of the two entry dates for the RV I mentioned weeks ago?
March the 20th 2023 activates the new digital asset-based trading system.
And, June 30th 2023 activates the full revaluation of the global economic system through Sofr lending services.
March the 20th begins the revaluation process into our new economy and June the 30th completes it.
© Goldilocks
Below is another settlement date in SOFR lending services.
The Deutsche Bank is lending ETCs Extended Traded Commodities to another bank.
Everything is turning to gold and silver as the foundation of the new global economy.
This is why it is so important to watch the US debt clock for the repricing event of oil, gold, and silver.
If we see a large number placed in those sections of the US debt clock, we will have a complete reset.
If we see it a higher number that is not so large, we will be floating those prices up to their real values.
Below is a report you can read from the Deutsche Bank regarding the above article.
© Goldilocks
~~~~~~~~~~
RJ: Then Goldilocks posted 2 more commentaries with links followed by another statement: Below is another settlement date in SOFR lending services.
"Central counterparties (CCPs) are projecting confidence about the upcoming conversion of $60 trillion of cleared US dollar contracts to the secured overnight financing rate, or SOFR – a giant undertaking that will be split into multiple parts to spread the load – though some worry the extended process could leave the market with a booking hangover."
Read the above clearly and closely because our liquidity comes from the above
Two things are mentioned. The SOFR lending services is a movement into a commodity-based economy and lending services.
The liquidity from the old Libor-based system and their contracts will convert over to commodity contracts in the SOFR lending system.
This is a $60 trillion dollar conversion inside the Swaps Market.
"A swap is an agreement for a financial exchange in which one of the two parties promises to make, with an established frequency, a series of payments, in exchange for receiving another set of payments from the other party.
Yes, this is going to make foreign currency exchange protocols liquid and activated.
© Goldilocks
https://www.risk.net/derivatives/7956146/swaps-market-braces-for-60-trillion-libor-conversion
https://www.bbva.com/en/swaps-what-they-are-and-how-they-work/
This conversion from the Libor system to the Sofr system will create a heavy shock to the markets.
As a commodity-based system comes into play, the stock market will either level off with the commodity market and grow together or move into real values.
The above transition will let you know we are in the midst of liquidating an old system and becoming liquid in the new Financial System.
© GoldilocksGoldilocks' Telegram Room
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