Goldilocks: "Two RV's, Algorythms and more" Wednesday 3-22-2023

Goldilocks on the Seeds of Wisdom Team Website

https://www.unitetheunion.org/news-events/news/2023/march/tsunami-of-industrial-action-to-hit-oil-and-gas-operators-as-1400-offshore-workers-set-to-strike/

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Dinar Recaps 20 3/21/23 Dinar Recaps 20 3/21/23

Goldilocks "Resetting Economies" and more Tuesday 3-21-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Okie called Salty this morning to thank Goldilocks for all they are doing for the community.

The truth with proof to back it.

Okie's Community Link to send messages and prayers: https://t.me/+TtKVJ1fhy7VEskjn

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Okie called Salty this morning to thank Goldilocks for all they are doing for the community.

The truth with proof to back it.

Okie's Community Link to send messages and prayers: https://t.me/+TtKVJ1fhy7VEskjn

RJ: Goldilocks posted the following comments and links:

Something is about to hit the fan in April. We have jobs reports coming in low along with oil contract failures, banking failures, Vanguard pulling out of China and much more.

We are going to witness our markets finally move into real values. This is the phase of the reset where mountains will move.

This will allow the adoption of a Standardized process to begin in the digital/currency world attached to a fixed rate of gold.

https://www.scmp.com/business/banking-finance/article/3214276/us-asset-manager-vanguard-plans-close-business-china-exit-ant-joint-venture-sources-say?utm_term=Autofeed&utm_medium=Social&utm_content=article&utm_source=Twitter#Echobox=1679385793

~~~~~~~~~~

The Chinese Yuan is beginning to strengthen around the world in its use and strength.

We are witnessing more countries utilizing the Yuan increasing the demand for its means of exchange.

This is part of the leveling of the playing field among our three Global Nations.

Currently, we have a balancing of power taking place around the world for the BRICS Nations, the European Nations, and the United States that includes North and South America.

http://t.m.china.org.cn/convert/c_o70o4k4a.html

~~~~~~~~~~

Fintech startup ALT Realtech launches world's first digital real estate exchange.

The world of real estate now has a means of exchange inside a digital protocol.

© Goldilocks
https://m.economictimes.com/industry/services/property-/-cstruction/fintech-startup-alt-realtech-launches-worlds-first-digital-real-estate-exchange/articleshow/98774918.cms?utm_source=twitter_pwa&utm_medium=social&utm_campaign=socialsharebuttons

~~~~~~~~~~

"Russia wrote off $20 bln of African nations’ debts, Putin says"

This is a major jubilee event taking place between countries.

We are witnessing several taking place as we speak.

It is a part of the process in resetting economies and allowing Goodwill to return in our global economy.

This is an indicator that we are moving into a world of Goodwill; rather than, a world that has been enslaved by those in power utilizing money to keep us down.

© Goldilocks

https://tass.com/economy/1591417

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://www.ecb.europa.eu/paym/target/html/index.en.html

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Goldilocks "ISO20022 Updates and More" Monday 3-20-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Here are important posts from Goldilocks this morning

The Migration of ISO20022 has gone smoothly in Europe. It looks like the International Payment System that unifies all of the payment systems from around the world is connecting the world as we speak to each other.

Remember, Europe is the Nation that has more payment connections than anywhere else in the world. It was the nation we had trouble with last November that kept us from moving forward at that time.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Here are important posts from Goldilocks this morning

The Migration of ISO20022 has gone smoothly in Europe. It looks like the International Payment System that unifies all of the payment systems from around the world is connecting the world as we speak to each other.

Remember, Europe is the Nation that has more payment connections than anywhere else in the world. It was the nation we had trouble with last November that kept us from moving forward at that time.

Here are a few comments of what is taking place so far today:

"Europe's T2 and Australia's HVPS have migrated to #ISO20022. @swiftcommunity (start of the CBPR+ coexistence phase) and @PaymentsCanada (Lynx) have not yet announced whether the transition from MT to MX messages has been successful."

"Robert Magee, Director of the ISO 20022 Program @AusPayNet: 'Congratulations to our 50 Participants in the Australian High Value Clearing System on successfully going live with #ISO20022 today. Even though we didn’t get to go live last November, all of our Participants were fully tested, certified and read to go on time. A rare feat, considering that this type of large-scale whole-of-industry initiative is notoriously difficult to deliver successfully.' (Source: LinkedIn)"

"The #ISO20022 migration in Europe seems to have gone smoothly on the system side. The @ecb reports full functionality for #TARGET2, T2S and TIPS. You can check the current status on the link below."

@ Goldilocks

~~~~~~~~~~

It is important to note that the old Financial System is currently undergoing bank failures around the world as the new digital asset-based Trading System is being activated today.

Look to see the global demand for these ISO tokens to really increase at this point. Their algorithms will create more value in their use over time. We mentioned several of these coins in this room on many occasions.

Changes will begin today, but markets tend to record changes a few days to a week later, rather than, all of the sudden when the switch is turned on.

These new banking coins are to transact digital transactions that will begin to formulate long-term patterns through consistent use, and the banks trust in these long-term patterns will give them the ability to create liquidity in the new QFS.

Anyone invested in these coins will be happy in the near term.

~~~~~~~~~~

Institutional money moves mountains in the marketplace. The QFS has tokenized financial assets in the new monetary system. Black Rock is stepping into the game.

"BlackRock, the world’s largest asset manager, is looking to ‘tokenize stocks.'"

Cryptosaurus LINK

Ledger Insights LINK

~~~~~~~~~~

A shift in power is taking place as we speak.

The World Reserve Currency Status is currently being reset as well.

The determination of who holds this power will come as a result of how the new QFS formulates patterns going forward.

Right now, the dollar has competition.

https://beststocks.com/precious-metals-companies-see-surge-in-tradin/

~~~~~~~~~~

We may have one or more World Reserve Currencies, or we may choose Gold to be the one.

Gold is the one element that cannot be broken down over time. If you have an ounce of gold in your hands that is weighed 100 years from now, it will have the same weight. It may take a different shape, but it will weigh the same.

Gold is the one currency that has stood the test of time.

~~~~~~~~~~

Precious Metals Companies See Surge in Trading as Investors Turn to Safe-haven Assets - Best Stocks

Egypt to Join BRICS Development Bank to Cut Dollar Reliance – BitcoinKE

https://bitcoinke.io/2023/03/egypt-to-join-brics-development-bank/

"Ripple joins forces with Blockchain Founders Fund to supercharge Web3 adoption – XRP struggles to rally"

Ripple is uniting Banks all over the world through Cross Border International Trading inside the Web 3 decentralized operating system.

The movement of money going forward and mobilization will no longer come from one country, it now belongs to a global interface centralized inside a Quantum Financial System.

https://www.eurasiareview.com/19032023-central-bank-digital-currencies-would-bring-hyperinflation-analysis/

~~~~~~~~~~

Are you still worried about the adoption of Central Bank Digital Currencies?

~~~~~~~~~~

"Egypt says it will support whatever is required to secure Saudi funding"

Countries are beginning to take sides, and monetary policies and patterns are beginning to formulate in different directions.

We are beginning to take baby steps into the world of currency reforms on a global scale as these new patterns develop.

It will be important to standardize these steps to bring unity out of the chaos.

~~~~~~~~~~

RBI Signs MoU with UAE Central Bank to Facilitate Cross-Border CBDC Transactions - Equitypandit

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm#

~~~~~~~~~~

Here comes some liquidity…

Coordinated central bank action to enhance the provision of U.S. dollar liquidity

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://www.blockworks.co/news/deposit-tokens-way-into-defi

https://www.investopedia.com/terms/s/stablecoin.asp#:~:text=Stablecoins%20are%20cryptocurrencies%20that%20attempt,a%20commodity%20such%20as%20gold.

https://cryptobrowser.io/news/swiss-bankers-association-propose-the-adoption-of-deposit-token/

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Dinar Recaps 20 3/19/23 Dinar Recaps 20 3/19/23

Goldilocks "Tomorrow is a Life Changing Event" 3-19-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted comments with 3 links:

Tomorrow is a very exciting day for all of us. We begin our journey into the digital asset-based trading ecosystem through ISO 20022.

The final phase of development in the QFS will be a determination made between stablecoins and digital tokens.

Stablecoins are backed by commodities with a fixed rate of a commodity value placed on them.

Digital tokens are value derived by the amount of money held in a customer's digital wallet.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted comments with 3 links:

Tomorrow is a very exciting day for all of us. We begin our journey into the digital asset-based trading ecosystem through ISO 20022.

The final phase of development in the QFS will be a determination made between stablecoins and digital tokens.

Stablecoins are backed by commodities with a fixed rate of a commodity value placed on them.

Digital tokens are value derived by the amount of money held in a customer's digital wallet.

The banking system believes that a more stable rate can be placed on digital tokens versus stablecoins.

Both tokens represent stability and security for the holder of them. The commodity system that backs both of these assets is held in the custody of financial institutions who mint them.

When all of the dust is settled on the coming transformation of our markets currently being tokenized, we will then be able to place tangible monetary values on the currency / digital currency sector of the market to support them.

Legislation on our monetary reforms will be formulating and becoming visible this month. As Congress votes on this final process and development of the QFS, we will get a clearer picture as to when and how our currency revaluations will take place around the world.

~~~~~~~~~~

RJ: Goldilocks posted comments with a link:

"On Monday, 20 March 2023, more than 11,000 institutions in over 200 countries and territories, their vendors and technology teams, and many domestic payments platforms will start their migration to ISO 20022 for payments and related messaging."

This is one of the largest migrations ever taken by a financial institution in the history of our world.

It is a life-changing event that will affect every person around the world.

I want to personally thank each person who has followed me since early last year on this journey to learn about this new digital banking system, but our work is not over just yet.

Once we have this payment system in place that will unify various Payment Systems from all over the world, we can then formulate prices on the digital currency values and currency values going forward.

It is an exciting time for all of us.

https://auspaynet.com.au/insights/blog/ISO20022NewDawn

~~~~~~~~~~~~~~

RJ: Goldilocks posted the following link:

Takeover of Credit Suisse bank could see 10,000 jobs lost.

https://www.9news.com.au/finance/credit-suisse-crisis-critical-hours-to-decide-survival-of-bank/d0cea744-8583-4c48-970c-4db1de6eb743

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://cointelegraph.com/news/more-186-us-banks-well-positioned-for-collapse-svb-analysis-reveals

Dinar Recaps 20 3/18/23 Dinar Recaps 20 3/18/23

Goldilocks "ISO20022 News" Saturday 3-18-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted more Payment Infrastructure News:

"This is how the #ISO20022 migration in Europe (#TARGET2) will proceed this weekend and next Monday:

1) Tomorrow and Sunday, the banks will 'move' their positions into the ECB's new system and check the correct booking.

2) On Monday morning, things will get exciting."

“"Then, the first live transactions will be carried out. Throughout the day, checks are made to ensure that all payments with the correct information reach the correct recipients. Only in the course of Monday will it be possible to determine whether the migration has run without errors."

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted more Payment Infrastructure News:

"This is how the #ISO20022 migration in Europe (#TARGET2) will proceed this weekend and next Monday:

1) Tomorrow and Sunday, the banks will 'move' their positions into the ECB's new system and check the correct booking.

2) On Monday morning, things will get exciting."

“"Then, the first live transactions will be carried out. Throughout the day, checks are made to ensure that all payments with the correct information reach the correct recipients. Only in the course of Monday will it be possible to determine whether the migration has run without errors."

Goldilocks posted a photo

RJ: Goldilocks posted comments and a link:

Okay Folks, no one said this banking reset was going to be without challenges.

"More than 186 US banks well-positioned for collapse, SVB analysis reveals"

The dangers of banking withdrawals going forward has risen to a level that could and would threaten the stability of the markets and the banking system.

And now, we have the FOMC meeting threatening to raise interest rates 25 basis points.

We are at a crossroads, and the road we take going forward will determine the quality of our lives.

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://search4dinar.wordpress.com/2023/03/17/the-government-hands-over-the-three-year-budget-to-parliament/

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Dinar Recaps 20 3/17/23 Dinar Recaps 20 3/17/23

Goldilocks "Banking News" Friday 3-17-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted this article on Iraq:

The government hands over the three-year budget to parliament.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted this article on Iraq:

The government hands over the three-year budget to parliament.

https://search4dinar.wordpress.com/2023/03/17/the-government-hands-over-the-three-year-budget-to-parliament/

RJ: Goldilocks posted the following commentary with a link:

"U.S. banking regulator engaging in 'heightened monitoring' of national banks - spokesperson"

The OCC or Office of Currency Comptroller is currently engaged in overseeing the banking system during this time of transition into the digital economy.

There is a great deal of risk when moving money from one Financial System to another.

We are in a coordinated effort led by the OCC and other regulators to make this a smooth transition on March 20th 2023.

© Goldilocks

https://www.kitco.com/news/2023-03-15/U-S-banking-regulator-engaging-in-apos-heightened-monitoring-apos-of-national-banks-spokesperson.html

~~~~~~~~~~~

RJ: Goldilocks posted this commentary on 'shared equal power' with multiple links:

"Russia and Africa to strengthen parliamentary ties"

The world is becoming more and more multi-polar. In other words, we are living in a world of shared equal power.

The BRICS Nations
The European Nations
The United States that includes North and South America

Each of these Nations have their own Ecosystem and financial payment systems. The International Payment System will unite them all on March 20th.

At that time, the standardization of the payment system will be completed.

From March 20th to June 30th, we will begin the process of standardizing digital/currency values.

https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme/ico-20022

https://www.frbservices.org/resources/financial-services/wires/iso-20022-implementation-center/fedwire-funds-release-testing#:~:text=Fedwire%C2%AE%20Funds%20Service%20March,summarized%20in%20the%20table%20below.

https://tvbrics.com/en/news/russia-and-africa-to-strengthen-parliamentary-ties/

https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://www.rt.com/africa/573030-zimbabwe-russia-brics-membership/

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Goldilocks BRICS and Banking News Thursday 3-16-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted 2 commentaries with links:

"The Zimbabwean government would like to become a member of the BRICS economic bloc, the speaker of the ruling party ZANU-PF said on Wednesday."

Zimbabwe is pulling away from the Swift System and moving into the BRICS System.

This will help the brics Nations with their alignment into a gold backed economy and help Zimbabwe stabilize their currency with a real value.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted 2 commentaries with links:

"The Zimbabwean government would like to become a member of the BRICS economic bloc, the speaker of the ruling party ZANU-PF said on Wednesday."

Zimbabwe is pulling away from the Swift System and moving into the BRICS System.

This will help the brics Nations with their alignment into a gold backed economy and help Zimbabwe stabilize their currency with a real value.

"U.S. could pass stablecoin legislation in a few days, says Rep. Maxine Waters"

The long-awaited Stablecoins that represents a country's paper currency and digital format is finally moving forward.

This comes just in time as March the 20th is just a few days away from launching the International Payment System (ISO20022).

As far as I can see, this completes the process that will enable protocols that unify various payment systems from around the world into a single messaging payment system globally.

On the other side of March 20th, we will begin seeing our economy move into real values. And, the standardization of the payment system will be complete.

This will enable us to move into the final phase of our new Financial Economy.

The standardization of our digital and paper currencies.

© Goldilocks

https://finance.yahoo.com/video/u-could-pass-stablecoin-legislation-173544354.html

~~~~~~~~~~~~

RJ: Goldilocks posted a commentary with 3 links:

As we approach March 20th, there are three important SEC requirements being enforced as we speak to secure the new digital asset-based economy.

One is regarding information protection for those who utilize this new Financial System.

Another deals with addressing Cybersecurity Risks to the U.S. Securities Markets.

And finally, to "address technological vulnerabilities in the U.S. securities markets and improve Commission oversight of the core technology of key U.S. securities markets entities (SCI entities)."

© Goldilocks

https://www.sec.gov/news/press-release/2023-51

https://www.sec.gov/news/press-release/2023-53

https://www.sec.gov/news/press-release/2023-52

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

© Goldilocks

https://www.cnbc.com/2023/03/13/goldman-sachs-no-longer-expects-the-fed-to-hike-rates-in-march.html#:~:text=Federal%20Reserve-,Goldman%20Sachs%20no%20longer%20expects%20the%20Fed%20to%20hike%20rates,cites%20stress%20on%20banking%20system&text=%E2%80%9CIn%20light%20of%20the%20stress,said%20in%20a%20Sunday%20note.

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Dinar Recaps 20 3/15/23 Dinar Recaps 20 3/15/23

Goldilocks "ISO 20022 and FOMC News" Wednesday 3-15-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted the following this morning:

On March 20, 2023, we are moving into a unified payment system called the ISO 20022.

This International Payment System will pull together our global economy through a standardized messaging system.

This standardized messaging system will serve as a digital check section where you see a memo on it that states what the digital assets are paying for inside a cross border international trading transaction.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted the following this morning:

On March 20, 2023, we are moving into a unified payment system called the ISO 20022.

This International Payment System will pull together our global economy through a standardized messaging system.

This standardized messaging system will serve as a digital check section where you see a memo on it that states what the digital assets are paying for inside a cross border international trading transaction.

This will allow payments to take place within seconds and give merchants and countries access to funds within seconds of a purchase.

It is a groundbreaking process that will change our lives forever. Everything is going to be tokenized on the markets and in the banking system.

These tokens will have a standardized rate based upon the assets that create a bridge between the tokenized assets and the commodities that supports the base rate of the tokens.

We are still waiting on oil, silver, and gold to be repriced inside the new digital economy. Look for this to be done sometime between March 20th and June the 30th.

Depending on our commodity revaluation event, we will be witnessing a full reset in their price or a float upwards that will determine the merging of price actions taking place to give us real values in the banking system and in the markets. These moves will determine our digital prices and currency values.

~~~~~~~~~~~~~~

RJ: Goldilocks Posted the following comments with a link:

"Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system. “In light of the stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its next meeting on March 22,” Goldman economist Jan Hatzius said in a Sunday note." * 2 days ago

If this does actually take place, it would be a great time to pause everything and place standardized rates across the board on every sector of the market including currencies to a fixed rate of gold.

We need to keep our eyes open to new policies that develop in this meeting as well. This meeting "could" be a life-changing event.

As we get closer to March the 22nd, we will see more details indicating a possible direction we are going.

The FOMC issues monetary policies that give us direction. We just recently had an emergency meeting regarding the banks with the intention of banking regulators moving into those banks who are not fully compliant in Basel 3.

This transition into the reset of our economy is at hand.

Let's see what develops.

~~~~~~~~~~~

RJ: Goldilocks posted another comment with a link:

Saudi Arabia is saying no to OPEC. They are following the same guidelines as Russia did not long ago in saying no to caps on oil.

It looks like we have new direction taking place in our world that will force us into collaborative conversations and leadership going forward.

© Goldilocks

https://oilprice.com/Latest-Energy-News/World-News/Saudi-Arabias-Energy-Minister-Slams-NOPEC-Bill-And-Price-Caps.html

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Goldilocks on the Seeds of Wisdom Team Website

https://cbi.iq/news/view/2275

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"Goldilocks "Banking Updates" Tuesday 3-14-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted the following pdf of Iraq Banking Law with comments and a CBI link:

Banking Laws

"Based on Decision No. (30) of 2023 of the Board of Directors of this bank.

Approval was obtained to renew the license granted to Al Amwal Company for electronic banking services in accordance with the provisions of Article (7/Second) of the Electronic Payment Services for Funds Regulation No. (3) for the year 2014, provided that its provisions, instructions and controls issued by this bank are adhered to."

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted the following pdf of Iraq Banking Law with comments and a CBI link:

Banking Laws

"Based on Decision No. (30) of 2023 of the Board of Directors of this bank.

Approval was obtained to renew the license granted to Al Amwal Company for electronic banking services in accordance with the provisions of Article (7/Second) of the Electronic Payment Services for Funds Regulation No. (3) for the year 2014, provided that its provisions, instructions and controls issued by this bank are adhered to."

"Article 7 Permit application for a representative office

1. The CBI may permit the opening in Iraq of one or more representative offices of a foreign bank, provided such foreign bank is authorized to conduct banking business in the country of its formation."

Goldilocks: The reason why this is so important to Iraq and the World is that it has the ability to BENEFIT FROM FOREIGN EXCHANGE SERVICES.

~~~~~~~~~~

RJ: Goldilocks posted the following comments and link:

Liquidating Agent for Inter-American Federal Credit Union
4807 Spicewood Springs Road, Suite 5100
Austin, Texas 78759

Even Credit Unions are liquidating. The bottom line is these banks have to be Basel 3 compliant by March the 20th.

If Banks are not compliant, many more will begin to fail. Basel 4 is here.

We will see banking regulators step in to take charge in transitioning Banks to the new digital asset based monetary system, or they will be consolidating with a bigger Bank.

Once this process is over, we will be able to move into and implement a Gold Standard. Stay watchful my friends. It is a Gold Standard that will allow us to go in with higher values on our currency.

Liquidation Notice to Creditors of Inter-American Federal Credit Union
https://ncua.gov/newsroom/press-release/2023/inter-american-federal-credit-union-closes/liquidation-notice

~~~~~~~~~~~

RJ: Goldilocks posted the following amendment to a House Bill and a link:

"On February 27, 2023, the Chairman of the House Financial Services Committee Patrick McHenry (NC-10) introduced the Data Privacy Act of 2023 (the Bill), which would amend the Gramm-Leach-Bliley Act (GLBA) to “modernize[] financial data privacy laws and give[] consumers more control over how their personal information is collected and used[.]”

This is an update to a Discussion Draft of the Bill that Rep. McHenry released in June 2022 ."

New Legislation to Expand Privacy Obligations of Financial Institutions Introduced in Congress
https://www.wilmerhale.com/en/insights/blogs/wilmerhale-privacy-and-cybersecurity-law/20230309-new-legislation-to-expand-privacy-obligations-of-financial-institutions-introduced-in-congress

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

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Goldilocks "No More Federal Reserve Note. Now it's Called a US Treasury Dollar" 3-13-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good afternoon Dinar Recaps,

Goldilocks posted a comment:

The banking system has quietened down by the end of the day today, but it is far from over.

A lot of large withdrawals were taken out of small Banks from customers today.

Statistics usually show up on the market a few days later. They may show up by the end of the week or early next week.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good afternoon Dinar Recaps,

Goldilocks posted a comment:

The banking system has quietened down by the end of the day today, but it is far from over.

A lot of large withdrawals were taken out of small Banks from customers today.

Statistics usually show up on the market a few days later. They may show up by the end of the week or early next week.

Let's see where we are at that time.

RJ: Goldilocks posted this photo and link

No more Federal Reserve Note. Now, it is called US Treasury Dollar.
https://twitter.com/JackStr42679640/status/1635208777157980161?t=k1e_-eW1NZmJ8dprfAGTNA&s=35

~~~~~~~~~~

Goldilocks' Telegram Room

Goldilocks on the Seeds of Wisdom Team Website

https://www.thegatewaypundit.com/2023/03/outrageous-silicon-valley-bank-provided-massive-amounts-of-capital-to-chinese-tech-ventures-biden-fdic-and-federal-reverse-are-bailing-it-out-clearly-biden-is-working-for-china/

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Goldilocks "Yes, The Reset of the Banking Sysstem is Underway" 3-13-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good afternoon Dinar Recaps,

Goldilocks posted the following comment:

Banks not ready for this transition may find themselves being bought out by larger Bank institutions who are.

Remember, we talked about this over a year ago as possibly happening for banks struggling to make the transition into the new digital economy.

Everything is falling apart. At the same time, it is falling into place.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good afternoon Dinar Recaps,

Goldilocks posted the following comment:

Banks not ready for this transition may find themselves being bought out by larger Bank institutions who are.

Remember, we talked about this over a year ago as possibly happening for banks struggling to make the transition into the new digital economy.

Everything is falling apart. At the same time, it is falling into place.

RJ: Goldilocks posted the following:

Harry Wilson Finance Reporter

HSBC’s getting a bank with loans of around £5.5 billion and deposits of about £6.7 billion. SVB UK posted a profit of £88 million before taxes last year, according to the statement.
Russell Ward Asia Finance Editor

The UK government has announced that Silicon Valley Bank’s British arm has been sold to HSBC. The Treasury said in a statement today:

“Customers of SVB UK will be able to access their deposits and banking services as normal from today.”

The transaction was facilitated by the Bank of England and the Treasury, and no taxpayer money was involved, the statement said.

Alex Wickham Government Reporter

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Let’s catch up on what has been happening in the wake of the collapse of Silicon Valley Bank, including the impact on markets:

The Fed, the Treasury and the FDIC said all depositors’ money is safe and set up a new Fed lending program with funds from the Treasury.

The Fed is “prepared to address any liquidity pressure that may arise” and is creating a new “Bank Term Funding Program” offering loans to depository institutions that pledge assets “valued at par”

Signature Bank was closed by New York state financial regulators on Sunday. An auction of SVB assets got underway as the FDIC attempts to fully recover clients’ uninsured deposits and make initial payouts as soon as Monday US time. Some buying interest has emerged globally for SVB assets

HSBC acquires SVB UK for £1. British Prime Minister Rishi Sunak said the UK financial system is “sound” and authorities will have more to say soon. “I’ve been working with the chancellor all weekend and indeed on the plane flight over, talking with the Bank of England and our regulators about finding the best solution”

Still, Goldman Sachs said it no longer expects the Fed to hike rates this month. DoubleLine Capital CIO Jeffrey Gundlach tweeted the steepening US Treasury yield curve “is highly suggestive of imminent recession" and said the only way for the Fed to backstop the system is to “print money”

Pershing Square founder Bill Ackman praised the action by the Fed, FDIC and Treasury, saying it ensured depositor confidence in banks. “The investors who didn’t adequately oversee their banks will be zeroed out and the bondholders will suffer a similar fate”

Several Asian regulators said they are monitoring the situation, while downplaying SVB’s impact on the region. The US dollar weakened against its major peers. Nasdaq futures gained Asian stocks recovered from early declines. US 2-year Treasury yields tumbled

From Gipper's News Reader

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RJ: Goldilocks posted the following comment:

Yes, the reset of the banking system is underway.

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RJ: Goldilocks posted 3 articles followed by a comment:

HUGE: THE US GOVT SAYS IT WILL BACK SILICON VALLEY BANK CUSTOMER DEPOSITS
Yellen approved actions enabling the FDIC to complete its resolution of SVB in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13.

Similar efforts would be made to ameliorate customer losses from the downfall of Signature Bank, which was closed on Sunday by NY state authorities.

Not everyone would have their funds protected, however. "Shareholders and certain unsecured debtholders will not be protected. Senior mgmt has also been removed.

Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law," the statement read.

The Fed will also "make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors."
https://thepostmillennial.com/breaking-us-government-backs-silicon-valley-bank-customer-deposits

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OUTRAGEOUS: Silicon Valley Bank Provided Massive Amounts of Capital to Chinese Tech Ventures – Now Biden FDIC and Federal Reverse Are Bailing It Out – Clearly Biden Is Working for China

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Silver could be the new oil... but we don't have enough of it

https://www.cbsnews.com/newyork/news/silver-could-be-the-new-oil-noble-gold-investments-sponsored/

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From Goldilocks:

There is a bigger picture here that most cannot see.

Let's try to remain open to what's going on in designing the New Global Economy.

Things are not always as they appear. "Where we go one we go all."

It is taking an entire Global Nation to pull this reset off.

Goldilocks' Telegram Room