Goldilocks "Dollar and Dinar Trading on Par" 4-15-2023
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RJ: Good afternoon Dinar Recaps,
Goldilocks posted:
Iraq Stock Market Report
4/14/2023
RSISX Index
ReturnRS ISX Index Closings Change (w/w) (%)Change (YTD) (%)
Goldilocks and Seeds of Wisdom
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RJ: Good afternoon Dinar Recaps,
Goldilocks posted:
Iraq Stock Market Report
4/14/2023
RSISX Index
ReturnRS ISX Index Closings Change (w/w) (%)Change (YTD) (%)
RSISX IQD Index1,000.35.5%9.9%
RSISX USD Index983.65.5%27.0%
Yes, the dollar and the dinar are trading on par with each other in Iraq per CBI Banker Contact.
© Goldilocks
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Goldilocks "Form/Rule 144 and more" Saturday 4-15-2023
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Goldilocks posted a commentary with multiple links:
Forex trading is regulated as trading in either a security or a derivative.
Its regulation varies depending on provincial legislation.
Form 144 also known as the Securities Exchange act of 1933 has undergone a revision.
The form now has to be filed in digital format. It is gone through several steps to get to the legislative process.
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted a commentary with multiple links:
Forex trading is regulated as trading in either a security or a derivative.
Its regulation varies depending on provincial legislation.
Form 144 also known as the Securities Exchange act of 1933 has undergone a revision.
The form now has to be filed in digital format. It is gone through several steps to get to the legislative process.
It was just presented last Thursday to Congress. Currently, it is sitting on "introduced status."
As we have discussed, Congress is currently working on currency reforms digitally and paper currencies.
Below is an article that lists current restricted securities. Iraq is not currently on that list, but it's association with Iran still makes it a risk.
This is why Rule144's adoption is important: "When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in a public marketplace. Rule 144 allows public resale of restricted and controlled securities if a number of conditions are met."
© Goldilocks
https://www.b2bpay.co/list-restricted-currencies
https://www.chathamhouse.org/2023/03/are-new-us-financial-restrictions-iraq-missing-their-target
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144
https://www.sec.gov/edgar/filer-information/form-144-resources-filing-electronically
https://www.securities-administrators.ca/investor-tools/avoiding-fraud/forex-resources/#:~:text=Forex%20trading%20is%20generally%20regulated,varies%20depending%20on%20provincial%20legislation.
https://www.investopedia.com/terms/f/form144.asp
https://www.congress.gov/bill/118th-congress/house-bill/2576?q=%7B%22search%22%3A%5B%22The+securities+act%22%5D%7D&s=2&r=2
https://www.troutman.com/insights/access-to-the-us-capital-markets-by-foreign-issuers-a-guide-to-rule-144a-and-regulation-s-offerings.html#:~:text=Securities%20of%20U.S.%20and%20foreign,automated%20inter%2Ddealer%20quotation%20system.
~~~~~~~~~~
Goldilocks also posted 3 pdf's on Form 144 that can be found in their telegram room posted at 8:35 am EDT this morning.
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Goldilocks "Banking Reforms" 4-14-2023
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Goldilocks posted commentaries and links this morning"
The raising of interest rates one more time is on debate.
It is believed that inflation is under control, but there may be one more .25 basis points added to ensure the economy goes in the right direction.
It is too close to call what the Federal Reserve is going to do in the next FOMC meeting.
Either way, it is believed that we are heading in a good direction by the Fed.
Meanwhile, the markets have a different idea on this assessment.
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning"
The raising of interest rates one more time is on debate.
It is believed that inflation is under control, but there may be one more .25 basis points added to ensure the economy goes in the right direction.
It is too close to call what the Federal Reserve is going to do in the next FOMC meeting.
Either way, it is believed that we are heading in a good direction by the Fed.
Meanwhile, the markets have a different idea on this assessment.
The dollar continues to tick down.
Gold and oil continue to rise.
Artificial Intelligence growth for businesses are beginning to put a squeeze on the human workforce.
The new technological world may be good for the markets, but people are suffering and trying to find ways to adapt to this new world.
© Goldilocks
~~~~~~~~~~
The bottom line, the interfacing of quantum computers around the world are beginning to go online.
This is why the debate over stablecoins and deposit tokens are being discussed at this point for payment.
Regulations on digital currency are in the forefront with Congress and rapidly moving into the private sector.
These digital forms of money will increase its velocity and raise its values around the world.
Protocol 20 is the aspect of the banking sector that is beginning to be unlocked. Protocol 20 deals with currency reforms near and abroad.
"Where we go one, we go all."
© Goldilocks
https://www.jpmorgan.com/onyx/content-hub/deposit-tokens.htm
~~~~~~~~~~
The Fed is currently transitioning to a new approach.
The move from tightening policies to a pause in those decisions is currently on the table while seeking new directions.
We are moving closer to an inflection point. This is the period of time whereby transitions can take place in an economy.
© Goldilocks
~~~~~~~~~~
Iraq is currently involved in banking reforms.
What are Banking Reforms?
Banking reforms have certain objectives to solve:
* chronic nonprofit earning problems
* increase the efficiency, stability, and effectiveness of banks
* and strengthening of the overall health of the public sector banks
These are done so that a country can compete with International Standards.
It looks like "a suitable environment for reentry into the global stage" Iraq talked about years ago is at hand.
© Goldilocks
https://cbi.iq/news/view/2307
~~~~~~~~~~
By the way, a pause in money-tightening policies gives room for the entrance of new developments (QFS) in the banking system to take place including currencies with new values (Iraq and others). 😉
© Goldilocks
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Goldilocks "New CBI Logo and more" Thursday 4-13-2023
Goldilocks and Seeds of Wisdom
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Goldilocks posted commentaries and links this morning:
The debt ceiling clearly is a concern this morning in the conversations taking place on the market.
Today, Speaker McCarthy is heading to Wall Street to discuss the debt ceiling Market Impact.
Both sides have to come up with a way to work with one another, or the markets are in trouble.
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning:
The debt ceiling clearly is a concern this morning in the conversations taking place on the market.
Today, Speaker McCarthy is heading to Wall Street to discuss the debt ceiling Market Impact.
Both sides have to come up with a way to work with one another, or the markets are in trouble.
Today, the PPI Index is read. "A producer price index is a price index that measures the average changes in prices received by domestic producers for their output. Its importance is being undermined by the steady decline in manufactured goods as a share of spending." Wikipedia
Just in, the PPI is just a little higher than expected. You have to remember. Our markets have recently gone through benchmark revisions.
These revisions are giving the market indicators room to breathe. It is like raising a debt ceiling on the markets to keep them from looking so bad.
From early indicators, it looks like they are trying to find a path forward that will allow them to raise the debt ceiling.
This will give Congress more time to work on currency reforms in the digital and hard currency sectors.
Currently, the Government is taking a hard look at government spending. In some ways, this is just as much a part of currency reforms as well.
© Goldilocks
~~~~~~~~~~
CBI. Do you see the new gold bar on their logo to the cbi.iq website?
~~~~~~~~~~
"The world’s financial heavyweights will gather in Washington this week to reimagine how the world will underwrite the challenges of the 21st century.
Their mission: revamping a nearly 80-year-old system so it can better tackle climate change, debt distress and other pressing problems."
The IMF and World Bank are meeting this week to discuss a path forward with global economic reforms.
All the data is in place, and the ability to make a decision on a path forward is being called forth by countries all over the world.
© Goldilocks
https://www.eenews.net/articles/imf-world-bank-meet-as-calls-for-reform-grow-louder/
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Goldilocks "Shanghai and Ethereum Updates" Wednsdeay Evening 4-12-2023
Goldilocks and Seeds of Wisdom
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RJ: Good evening Dinar Recaps,
Goldilocks posted A commentary and link as well as a live blog and more comments:
The Shanghai Exchange upgrade is expected to go through, but complications are also expected.
The concern is over nodes. A node is a computer linked to a cryptocurrency network and may perform certain tasks such as producing, receiving and moving data from one market sector to another.
As with any transition in the crypto space, technicians will run test scenarios over and over to minimize many of these complications.
Goldilocks and Seeds of Wisdom
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RJ: Good evening Dinar Recaps,
Goldilocks posted A commentary and link as well as a live blog and more comments:
The Shanghai Exchange upgrade is expected to go through, but complications are also expected.
The concern is over nodes. A node is a computer linked to a cryptocurrency network and may perform certain tasks such as producing, receiving and moving data from one market sector to another.
As with any transition in the crypto space, technicians will run test scenarios over and over to minimize many of these complications.
The upgrade of this Shanghai Exchange on the Ethereum network is expected to create volatility.
\As the system calculates new algorithms, it may take a week or two in finding new norms.
Ethereum smart contracts will be utilized in determining secured funds on both sides of a trade connecting the East and West markets inside a level playing field through artificial intelligence.
Who would have ever thought 10 years ago that the cryptocurrencies we traded at the time would play such a vital role inside the new digital-asset traded financial system.
© Goldilocks
https://www.quicknode.com/guides/infrastructure/node-setup/ethereum-full-node-vs-archive-node/#:~:text=A%20node%20is%20a%20computer,database%20known%20as%20a%20ledger.
~~~~~~~~~~
LIVE BLOG: Ethereum's Shanghai Upgrade
CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.m. ET (22:27 UTC). We've got the play-by-play on Shanghai – also known as "Shapella" – from what we're seeing on the blockchain and at the watch parties.
Check Goldilocks Telegram Room for the link.
https://t.me/+YU9UrHLxFbszOTJh
~~~~~~~~~~
Did you know?
If you were to launch two ships in an ocean far away from one another without starting a motor or pulling sails out, they would eventually find one another.
This is what our markets in the East and West are about to do.
Our QFS is an open-source quantum computer. They will begin to talk to one another going forward.
These connections will normalize trade values.
© Goldilocks
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Goldilocks "Iraq is Moving Along Fast Now" Wednsday 4-12-2023
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links this morning:
"His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met today, Wednesday, with the US Assistant Secretary of the Treasury, Mr. "Brian Nelson", on the sidelines of the annual meetings of the International Monetary Fund and the World Bank."
The purpose of this meeting was to discuss procedures in facilitating financial transfers electronically and achieving stability in their exchange rate.
And, they discussed the need to communicate more with their technical teams as they implement and facilitate their banking economic reform protocols going forward.
© Goldilocks
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links this morning:
"His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met today, Wednesday, with the US Assistant Secretary of the Treasury, Mr. "Brian Nelson", on the sidelines of the annual meetings of the International Monetary Fund and the World Bank."
The purpose of this meeting was to discuss procedures in facilitating financial transfers electronically and achieving stability in their exchange rate.
And, they discussed the need to communicate more with their technical teams as they implement and facilitate their banking economic reform protocols going forward.
© Goldilocks
https://cbi.iq/news/view/2304
https://search4dinar.wordpress.com/2023/04/12/iraq-announces-agreement-with-imf-and-world-bank-to-support-economic-reform/
Iraq is moving along real fast now.
The Erbil-Baghdad Oil Accord is completed and only Iraqi Dinar will be utilized in their ATM machines going forward.
It looks like Iraq's dependence on the dollar is finally coming to an end. This new demand on their own currency will begin to allow it to rise naturally.
© Goldilocks
https://search4dinar.wordpress.com/2023/04/12/trade-bank-of-iraq-decides-to-adopt-the-dinar-only-in-its-electronic-financial-transactions/
https://search4dinar.wordpress.com/2023/04/12/u-s-hails-erbil-baghdad-oil-accord-calls-for-resumption-of-oil-exports-as-quickly-as-possible/
~~~~~~~~~~
Do you remember the merge that happened last year in Ethereum?
Today, the process that began last year is completing itself today, and into, tomorrow.
This was the upgrade I told you gals and guys a couple of months ago I was looking forward to seeing come to a completion.
I have been talking about it for some, and I am watching it closely today. A report will be forthcoming as the day moves along.
If you have been following my articles, you know why this upgrade is so important to the currencies we hold.
© Goldilocks
~~~~~~~~~~
A brief comment was posted that Goldilocks did not sign. I am sharing it:
The dollar is slipping before our CPI inflation reading today as Gold is expected to go up.
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Goldilocks "Iraq and Oil News" Tuesday 4-11-2023
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Goldilocks posted this morning
"His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, met yesterday, Monday, with a delegation from the company (IronPoint Iconic), which is one of the largest owners of data centers in the world, and operates in more than 26 markets in the United States, Europe and Asia, and the company owns data centers To the largest global technology companies with the development and operation of these centers, including Apple, Microsoft, Google, and Amazon."
This meeting was to learn how to organize and develop their infrastructure, privatize their National security data, and operate in compliance with the International community.
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted this morning
"His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, met yesterday, Monday, with a delegation from the company (IronPoint Iconic), which is one of the largest owners of data centers in the world, and operates in more than 26 markets in the United States, Europe and Asia, and the company owns data centers To the largest global technology companies with the development and operation of these centers, including Apple, Microsoft, Google, and Amazon."
This meeting was to learn how to organize and develop their infrastructure, privatize their National security data, and operate in compliance with the International community.
Iraq has also learned how to develop, control, and strengthen the dinar through electronic mechanisms.
This is not the same Iraq we knew a few years ago. They are rapidly moving into compliance with global economic mechanisms that will allow them to enter the International stage and thrive.
~~~~~~~~~~
Gippers News Reader, here on telegram, had a wonderful article this morning on oil prices.
This article tells us why the oil sector has not been repriced fully.
There are two price mechanisms that are primarily used around the world.
When the OPEC recently put a cap on oil production, this created price fluctuations that have not found their equanimity just yet.
Once the oil commodity has been repriced, we will be able to move forward with silver and gold.
You can watch the development of these on the US Debt Clock. As these three sectors of the market get repriced, it will go a long way in helping us finish our currency reforms around the world attaching their value to the new digital asset-based trading system.
© Goldilocks
https://www.newyorkfed.org/research/policy/oil_price_dynamics_report#/overview
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Goldilocks "Reports, Ethereum and more" Monday 4-10-2023
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RJ: Good morning Dinar Recaps,
Goldilocks posted comments
CPI, PPI, and Bank Earnings reports come out this week.
These reports will give us a good understanding of where we are.
The Futures Market are indicating session lows.
© Goldilocks
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted comments
CPI, PPI, and Bank Earnings reports come out this week.
These reports will give us a good understanding of where we are.
The Futures Market are indicating session lows.
© Goldilocks
The Shanghai Exchange upgrade utilizing Ethereum to move their monetary exchange system in the east happens this Wednesday.
It is a major undertaking that will enable many of the Eastern half of our world's economy to operate in the digital-asset based trading system.
Here is what will be happening: "The highly anticipated Shanghai upgrade, scheduled for April 12, is set to bring significant changes to Ethereum’ (https://thecurrencyanalytics.com/what-is-ethereum)s network.
This final step in Ethereum’s transition from a proof of work (PoW) consensus mechanism to a more eco-friendly proof of stake (PoS) consensus mechanism will unlock ETH coins that users staked last year to secure the network during the transition. The upgrade could introduce some price volatility for Ethereum as the market reacts to these developments."
This upgrade will lower the number of Ethereum coins and drive it's price up. The proof of stake protocol is a consensus mechanism used to verify new cryptocurrency transactions.
This will tighten security and enable proof of funds on both sides of a trade through the use of Ethereum's smart contract mechanisms.
The Shanghai Stock Exchange provides products of stocks, bonds, funds and derivatives. This will lock in cross-border International trading capabilities from the East and the West in the new digital asset-based trading system.
The use of the Chinese Yuan will go a long way in leveling off the playing field among currencies to settle trades.
We have come a long way, and this upgrade moves us closer to a holistic picture of our new global economy.
© Goldilocks
https://thecurrencyanalytics.com/altcoins/april-crypto-forecast-ethereums-shanghai-upgrade-and-market-volatility-amid-interest-rate-uncertainty-43139.php
https://www.analyticsinsight.net/crypto-news-update-ethereum-eth-shows-strength-ahead-of-the-crucial-shanghai-upgrade-dogecoin-doge-gets-renewed-confidence-after-elon-changed-twitter-logo-renq-finance-renq-scoots-past-5-2-m/
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Goldilocks "Will the Easter Bunny Lay a Golden Egg Today?" 4-9-2023
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RJ: Good morning and Happy Easter Dinar Recaps,
This morning Goldilocks posted a commentary with links:
Will the Easter Bunny lay a golden egg today as we approach another week of trading?
The bubble phase in gold is about to commence. 23 US states are in process of reclaiming gold and silver as legal tender.
This number will only increase as we get closer to the Basel 3 End Game.
Goldilocks and Seeds of Wisdom
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RJ: Good morning and Happy Easter Dinar Recaps,
This morning Goldilocks posted a commentary with links:
Will the Easter Bunny lay a golden egg today as we approach another week of trading?
The bubble phase in gold is about to commence. 23 US states are in process of reclaiming gold and silver as legal tender.
This number will only increase as we get closer to the Basel 3 End Game.
"The Basel 3 “Endgame” package will significantly increase banks’ capital requirements over-and-above their already historically high levels in the past several years, resulting in significant additional funding costs for businesses, consumers, and investors."
This is why we are noticing so many central banks buy more and more gold as we approach the 60 trillion plus derivative contracts moving over into SOFR lending services.
SOFR contracts are currently being moved at a faster pace. Everything is being collateralized in the banking system by gold, silver, and other commodities that are digitized.
Watch for the repricing of gold, silver, and oil. This is the liquidity that will move the banking system along and support the markets in every sector including forex.
Gold is the liquidity package we are looking for going forward.
Gold is money. It always has been and always will be.
Happy Easter my friends. The transition into our digital asset-based trading system is definitely a Biblical event in the making.
© Goldilocks. 👇
https://www.eurasiareview.com/09042023-this-easter-the-resurrection-of-a-new-middle-east-might-be-upon-us-oped/
https://www.sifma.org/resources/news/how-the-basel-iii-endgame-reforms-will-transform-us-capital-requirements/
https://www.investorsobserver.com/news/qm-news/5538391749687833
https://youtu.be/WCJ8R3qitoc
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Goldilocks "Things Are Changing Rapidly" Friday 4-7-2023
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RJ: Good afternoon Dinar Recaps,
Goldilocks posted some exciting nuggets today:
Watch the Gold, Silver, and Oil on the Debt Clock. Changes are coming any moment.
This repricing event will set the stage to move the economy into the new financial system.
It will be the green light for liquidity to pour into our new economy especially since we have new legislation on the table regarding the digital asset standardization bill.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted some exciting nuggets today:
Watch the Gold, Silver, and Oil on the Debt Clock. Changes are coming any moment.
This repricing event will set the stage to move the economy into the new financial system.
It will be the green light for liquidity to pour into our new economy especially since we have new legislation on the table regarding the digital asset standardization bill.
© Goldilocks
What happens to the dollar if the Eastern half of our world begins to peg their currencies to gold? Things are changing rapidly. Stay awake.
© Goldilocks
~~~~~~~~~~
WOW! Major US Banks Will Declare Bankruptcy Soon After The Fed Does This - Lyn Alden
~~~~~~~~~~
Yesterday, I shared with you an article about Iraq's budget and oil law.
Inside this article, it revealed a couple of sentences about Iraq having a revalued currency.
I just got word from our CBI Banker in Iraq that it was in fact true.
© Goldilocks
Here is the article from the CBI from yesterday:
~~~~~~~~~~
JUST IN - Several major U.S. banks subpoenaed for financial records belonging to the Biden family.
https://www.disclose.tv/id/100173/
~~~~~~~~~~
Timelines are being moved up.
© Goldilocks
~~~~~~~~~~
GOLD Backed Crypto Is Here!
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Goldilocks "In the end, all roads lead to gold" Friday 4-7-2023
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning:
*U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization"
It is official. Saudi Arabia joins the Shanghai Corporation Organization.
This move puts Saudi Arabia closer in alignment to Russia and China resources.
Since the Chinese Yuan is used in payment settlements through the Shanghai Corporation Organization, the dollar is being edged out as a source of payment.
The dollar is rapidly being blocked in the Eastern half of the world.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning:
*U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization"
It is official. Saudi Arabia joins the Shanghai Corporation Organization.
This move puts Saudi Arabia closer in alignment to Russia and China resources.
Since the Chinese Yuan is used in payment settlements through the Shanghai Corporation Organization, the dollar is being edged out as a source of payment.
The dollar is rapidly being blocked in the Eastern half of the world.
These countries are decoupling from the dollar and utilizing their own National Currencies going forward.
Look for their new demands to raise the value of their currencies in the east and level the playing field in the Forex Market.
~~~~~~~~~~
The jobs reports come out this morning. Traders are going to read these reports for the next few days.
About a week ago I shared with you that it could be a danger zone for the markets.
Since that time, the dollar has fallen and moved sideways. Many investors have pulled out of some big name stocks before these reports.
The number of new jobs created is expected to be lower this month.
We have two scenarios going on: the dollar is losing its influence around the world and jobs are falling.
The transition of power and transition of wealth should be clearly evident to everyone at this point.
In the end, all roads lead to gold. And gold, will set us free.
© Goldilocks
~~~~~~~~~~
The National Futures Association (NFA) "Adopts Digital Asset Commodities Standards and Requirements."
Well folks, we now have a digital asset standard.
We still need to see a repricing in gold to solidify the above standard.
On paper, we have a financial structure to begin working with at this time.
© Goldilocks
https://www.jdsupra.com/legalnews/nfa-adopts-digital-asset-commodities-5120006/
~~~~~~~~~~
"The Texas House and Senate recently introduced bills that would establish a state-issued, gold-backed digital currency, Schiff Gold reported."
It looks like Texas is getting into the game and establishing a gold-backed digital currency.
Under this proposed law and currency comptroller, Texas will be required to back this new digital currency by cash or gold.
© Goldilocks
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