Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday Evening 10-19-23

Goldilocks' Comments and Global Economic News Thursday Evening 10-19-23

Good evening Dinar Recaps,

CBI Bank Announcement:
Iraq's central bank temporarily suspends International transfers by Western Union

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WITHIN RIPPLE DOCUMENTATION SHOWS JP MORGAN IS CONNECTED TO ON-DEMAND LIQUIDITY(XRP) + JP MORGAN NOVEMBER 2023 TARGET DATE + JP MORGAN IS 50% OF ISO 20022 CBPR TRAFFIC

Goldilocks' Comments and Global Economic News Thursday Evening 10-19-23

Good evening Dinar Recaps,

CBI Bank Announcement:
Iraq's central bank temporarily suspends International transfers by Western Union

Shafaq Link

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WITHIN RIPPLE DOCUMENTATION SHOWS JP MORGAN IS CONNECTED TO ON-DEMAND LIQUIDITY(XRP) + JP MORGAN NOVEMBER 2023 TARGET DATE + JP MORGAN IS 50% OF ISO 20022 CBPR TRAFFIC

https://twitter.com/Rohitku24694375/status/1714967495143272600?t=MKmFV_hpkqGl_b5UG0mXIQ&s=19

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Once Protocol 20 is finished with their testing and the vote to move forward, we are going to see a lot of upgrades in the month of November and the beginning stages of Quantum Technology implementation/interface take place on a larger scale.

At this time, we should see several networks connect globally and move into cross-border international trading in the new digital asset-based trading system.

I look to see real-world assets such as gold and virtual currencies with real-world values begin to form new price pressures on our new tokenized assets standardizing new protocols in cross-border international trading.

© Goldilocks

https://twitter.com/Rohitku24694375/status/1714967495143272600?t=MKmFV_hpkqGl_b5UG0mXIQ&s=19

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Just to give you an idea of what is about to happen.

The new digital economy backed by real-world assets such as gold and other commodities are about to become the drivers of the market going forward.

These new tokenized assets contain virtual currencies known as stablecoins. Stablecoins represent a country's currencies.

Money velocity will speed up the processing of money across borders creating new demands on each country's currency going forward through virtual assets.

These new demands will create price pressures on each country's currencies.

© Goldilocks

Investopedia Link
https://cedcommerce.com/blog/cross-border-trade-all-you-need-to-know/amp/

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Why Stellar, Toncoin, and VC Spectra are Grabbing the Attention of Big Investors

TheCoinRepublic Link

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Press release: CPMI sets out harmonized ISO 20022 data requirements for enhancing cross-border payments
https://www.bis.org/press/p231017.htm

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Joint Readout of Principals’ Meeting of UK and U.S. Authorities Regarding Central Counterparty Resolution

October 17, 2023
Senior officials from the Bank of England, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Securities and Exchange Commission, and Federal Reserve Board convened a hybrid meeting today to discuss certain issues relating to the resolution of a central counterparty (CCP).

This meeting was one of a regular series of senior-level meetings held since 2017 to share views on CCP resolution and review the progress of an ongoing program of joint work among the agencies.

Today’s meeting was an opportunity to review recent joint work undertaken by the agencies, in particular the information sharing and communications arrangements to support resolution planning for U.S. and UK CCPs. Senior officials also confirmed priorities for future work, which will include continuing to share analyses and discussing policy formulation in relation to CCP resolution.

https://www.cftc.gov/PressRoom/PressReleases/8807-23
Finance EU Link

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Financial market infrastructure giant DTCC has inked a deal to buy Securrency as part of a planned digital assets push. 

The deal is meant to quicken the development of a platform designed to “unlock the power of institutional DeFi,” DTCC said in a Thursday statement.

The acquisition is set to close in the next few weeks. At that point, Securrency will become DTCC Digital Assets. Securrency CEO Nadine Chakar, who joined the firm from State Street in January, will lead the new DTCC subsidiary. 

https://blockworks.co/news/defi-acquisition-dtcc-securrency

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JUST IN - Hundreds of stocks halted at the London Stock Exchange following a "system incident."
https://www.disclose.tv/id/y3ifs69hgi/

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Iraq to charge Customs Duties/Taxes “Exclusively in Iraqi Dinars”

The Kurdistan Regional Government (KRG) has said that customs duties and taxes at border crossings will now be levied exclusively in Iraqi dinars instead of US dollars.
Search 4 Dinar Link

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WE ARE 1 MONTH AWAY!💥XDC XRP XLM💥YOU DON'T HAVE UNTIL 2025

https://youtu.be/IzIZsA3XFKU?feature=shared

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As a follow-up to the 2019 FSSR, a remote TA mission supported the RBZ in updating regulations to the Basel III capital framework. The mission reviewed Zimbabwe’s capital framework (laws, guidelines, and templates of prudential returns), identified areas to update capital requirements, discussed these areas with the management of the RBZ, and provided recommendations for drafting amendments in line with the Basel II/III framework approaches assessed as the most suitable to the Zimbabwean financial market characteristics.
IMF Link

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Congress could grant the temporary House speaker more power. Here’s how.

The Washington Post

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JUST IN: 🇺🇸 FED Chair Jerome Powell says the current fiscal path we're on is unsustainable.
@WatcherGuru

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JUST IN: JP Morgan expects the SEC to approve multiple Spot Bitcoin ETF's within months.
@WatcherGuru

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Follow Goldilocks' Roadmap

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday AM 10-19-23

Goldilocks' Comments and Global Economic News Thursday AM 10-19-23

Good morning Dinar Recaps,

"BRICS: US & Europe May Soon Need Local Currencies to Buy Oil"

The move from the Petro Dollar to local currencies in buying oil will increase demand for local currencies and decrease dependency on the Petro Dollar.

This will level the playing field in local currencies around the world in their purchase of oil. And, it will create new demands on currencies that once utilized the dollar as a World Reserve Currency in purchasing oil.

Goldilocks' Comments and Global Economic News Thursday AM 10-19-23

Good morning Dinar Recaps,

"BRICS: US & Europe May Soon Need Local Currencies to Buy Oil"

The move from the Petro Dollar to local currencies in buying oil will increase demand for local currencies and decrease dependency on the Petro Dollar.

This will level the playing field in local currencies around the world in their purchase of oil. And, it will create new demands on currencies that once utilized the dollar as a World Reserve Currency in purchasing oil.

More demands for currencies other than the Petro Dollar will create price pressures on many of the local currencies that you and I hold.

More demand equals more value...

© Goldilocks

https://watcher.guru/news/brics-us-europe-may-soon-need-local-currencies-to-buy-oil

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BRICS Is Now Richer Than G7 Countries

https://watcher.guru/news/brics-is-now-richer-than-g7-countries

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Wednesday Evening 10-18-23

Goldilocks' Comments and Global Economic News Wednesday Evening 10-18-23

Good evening Dinar Recaps,

Take a close look at the links below. We talked about this the last few weeks. Volatility and price distortions are really beginning to surface.

Markets run on correlated and real values, and we have neither of them.

The current changes being made to the financial system through tokenized assets, new Capital requirements for banks, and a repricing event in gold are setting the stage for a new economy.

© Goldilocks

Goldilocks' Comments and Global Economic News Wednesday Evening 10-18-23

Good evening Dinar Recaps,

Take a close look at the links below. We talked about this the last few weeks. Volatility and price distortions are really beginning to surface.

Markets run on correlated and real values, and we have neither of them.

The current changes being made to the financial system through tokenized assets, new Capital requirements for banks, and a repricing event in gold are setting the stage for a new economy.

© Goldilocks

ZeroHedge Link 1

ZeroHedge Link 2

ZeroHedge Link 3

ZeroHedge Link 4

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"His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received His Excellency the British Ambassador to Iraq, Mr. Stephen Hitchen."

They talked about utilizing "external transfer mechanisms" between their countries in accordance to International electronic trade regulations.

An external trade mechanism basically means money transfers from Banks to Banks from different countries.

Here, we see another agreement being made regarding the use of the Iraqi Dinar as they approach "dinar only" trades at the beginning of January 2024.


© Goldilocks

https://cbi.iq/news/view/2449

https://www.investopedia.com/what-is-an-external-transfer-5185528

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"We are launching the Digital Dollar Project to catalyze a digital, tokenized U.S. currency that would coexist with other Federal Reserve liabilities and serve as a settlement medium to meet the demands of the new digital world and a cheaper, faster and more inclusive global financial system.”"
Digital Dollar Project Link

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U.S. Dollar ‘Collapse’ Primes Crypto For ‘Trillions’ To Flood The System—Triggering An ‘Epic’ Bitcoin, Ethereum, XRP And Crypto Price Prediction

Fobes Link

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Four Bills that will define the future of digital assets 

CityAM

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Towards Unbreachable: Strengthening Security Protocols in Blockchain Networks
https://blockchainreporter.net/towards-unbreachable-strengthening-security-protocols-in-blockchain-networks/

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Stellar Ensures Security for Soroban Platform

CryptoNewsBytes Link

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What Happens When Major Currencies Start to Fail? – Lyn Alden (Pt 2/2)

https://youtu.be/onVnr5WG-Tw?feature=shared

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Today we're excited to release the mainnet alpha of the Taproot Assets daemon, providing a feature-complete developer experience for issuing, managing, and exploring stablecoins or other assets on the bitcoin blockchain. This release also begins forward compatibility, which means the protocol will not have any more breaking changes that would affect assets issued on mainnet. This mainnet release of the protocol supports on-chain functionality, with Lightning support coming soon.

This release marks the dawn of a new era for bitcoin. With Taproot Assets v0.3, builders have all the tools needed to make bitcoin a multi-asset network, but in a scalable manner that upholds bitcoin's core values. We believe this new era for bitcoin will see a myriad of global currencies issued as Taproot Assets, and the world's foreign exchange transactions settled instantly over the Lightning Network.

https://lightning.engineering/posts/2023-10-18-taproot-assets-v0.3/

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Unlocking Africa's Crypto Potential: VALR Teams Up with Visa

https://www.ethnews.com/unlocking-africas-crypto-potential-valr-teams-up-with-visa/

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New #ISO20022 data requirements: ... it is recommended that industry players start looking into the implementation as soon as possible, @DBCorporateBank emphasizes in its current 'flow briefing'.

https://corporates.db.com/publications/flow-briefing/

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Jim Willie: Inside The Israel Conflict, Update on De-Dollarization

https://youtu.be/UUXwmK5qAjI?feature=shared

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"Federal Reserve Policies Spark Recession Concerns, Experts Advise Strategic Investments"
Investing Link

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On January 1st, 2024, Iraq is banning the bank withdrawal of the US dollar.

If you want US dollars when you get off the plane in Baghdad, you now have to buy the US dollar as a foreign exchange transaction.

What a difference a year makes. The use of the dollar is being banned, and now, you have to pay to use it.

© Goldilocks
https://cbi.iq/news/view/2452
NNA Link

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The yuan surpassed the euro to become the second main currency in trade for the FIRST time

This is according to SWIFT

People might scoff at the percentage, but they overlook the underlying trend unfolding

More and more countries are looking to settle trade in local currencies

Read: https://twitter.com/GoldTelegraph_/status/1714712286919880870

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🔴 BRICS Major WIN: BRICS Pay Digital Blockchain Payment System Launched

https://youtu.be/jptu-wpPWjg?feature=shared

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Read More
Economics, Goldilocks, News, Gold and Silver DINARRECAPS8 Economics, Goldilocks, News, Gold and Silver DINARRECAPS8

Goldilocks' Comments and Global Economic News Tuesday Evening 10-17-23

Goldilocks' Comments and Global Economic News Tuesday Evening 10-17-23

Good evening Dinar Recaps,

"While broader FX options have seen their prices rise to reflect the risk of the Middle East conflict escalating, there has been a particular focus on the two-month expiry date, which includes key central bank policy announcements in December."

Forex options traders are eyeing December 14th as the next trade opportunity. This is when their options trades are coming due.

Options trading allows you to buy a currency at a present rate with the option to redeem it later in the event a currency holding rises.

Goldilocks' Comments and Global Economic News Tuesday Evening 10-17-23

Good evening Dinar Recaps,

"While broader FX options have seen their prices rise to reflect the risk of the Middle East conflict escalating, there has been a particular focus on the two-month expiry date, which includes key central bank policy announcements in December."

Forex options traders are eyeing December 14th as the next trade opportunity. This is when their options trades are coming due.

Options trading allows you to buy a currency at a present rate with the option to redeem it later in the event a currency holding rises.

The war in the Middle East is beginning to create price distortions and volatile prices due to fluctuations in economic conditions.

Protection tools are already being talked about in case the currency does devalue. If prices go to a higher value and stays, options traders will be redeeming their currency for a profit.

If new circumstances such as the rebuilding of an economy create the need for a rise in the values of currencies because of this war, a repricing event for currencies will commence.

© Goldilocks
NASDAQ Link
https://tmsnrt.rs/498k23l

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Countries involved in the Middle Eastern conflict at the present time either directly or indirectly will be affected.

Trade relationships still continue during a war. When a country changes its exchange rate due to a war, it will affect the trade relationships of the imports and exports shared between countries.

Remember, 80% of exchange rates happen on the water through shipping port contracts and the new digital payment systems influencing these rates.

Watch the water.

© Goldilocks

https://www.hapag-lloyd.com/en/home.html

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SINGAPORE, Oct 17 (Reuters) - The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.

The yen was pinned close to the key 150 per dollar level, keeping investors on edge for any signs of intervention by the Japanese authorities.

https://finance.yahoo.com/news/forex-dollar-drifts-investors-eye-060531178.html

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Monetary Policy and Central Banking
https://www.imf.org/en/About/Factsheets/Sheets/2023/monetary-policy-and-central-banking

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Foreign Exchange Options - What are FX Options?
https://www.tradefinanceglobal.com/currency/foreign-exchange-options/

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Singapore, Shanghai asset management associations ink landmark MOU for cross-border cooperation 

BusinessNewsAsia Link

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Jurisdictional Boundaries Between CFTC Swaps and SEC Security-Based Swaps Clarified

Cabinet News & Views

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In a bid to reduce reliance on the US dollar and minimize external influences, Russian President Vladimir Putin has called on members of the Commonwealth of Independent States (CIS) to enhance the use of their national currencies in trade. The move is seen as part of a broader trend among developing countries to seek alternatives to the dominant US dollar in international trade.
BNN Network Link

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End of Free Money Plunges German Construction Industry into Crisis 

Wolf Street Link

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Lyn Alden: The Economy Is Trapped In A Vicious Cycle Of More Debt & Bigger Deficits

https://youtu.be/LY5XBWvgyD8?feature=shared

👆 @ Goldilocks

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The S&P 500 is in a historic bubble and could crash by 63%, markets guru John Hussman 

Business Insider

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Taiwanese bank ends US bank deal, citing market conditions

Banking Dive


👆 @ Goldilocks

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ALERT! Silver Price Readies for Moonshot as BofA's Unrealized Losses EXPLODE HIGHER!! 

https://youtu.be/qY9wje7ZwsI?feature=shared

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JUST IN: 🇺🇸 President Biden to ask Congress for $100 billion in funding for Ukraine and Israel, Bloomberg reports.

@WatcherGuru

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Govt to revisit using gold dinar as reserve currency - PM

New Straits Times

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Zimbabwe has been given the green light from the Financial Sector Stability Review (FSSR) of the IMF to implement Basel 2&3 Capital requirements inside their banking system.

© Goldilocks

IMF Link

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Why Gold's Price is About to Explode! 🔥

https://youtube.com/shorts/YzJDYXDNoPo?feature=shared

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Tuesday AM 10-17-23

Goldilocks' Comments and Global Economic News Tuesday AM 10-17-23

Good morning Dinar Recaps,

Basel Committee to tighten bank rules for public blockchains, stablecoins this year - Ledger Insights - blockchain for enterprise
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Breaking News: The Implications of Trade Agreements and Legal Contracts - The New Nation
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Goldilocks' Comments and Global Economic News Tuesday AM 10-17-23

Good morning Dinar Recaps,

Basel Committee to tighten bank rules for public blockchains, stablecoins this year - Ledger Insights - blockchain for enterprise
https://www.ledgerinsights.com/basel-committee-public-blockchains-stablecoins/

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Breaking News: The Implications of Trade Agreements and Legal Contracts - The New Nation
https://m.thedailynewnation.com/breaking-news-the-implications-of-trade-agreements-and-legal-contracts/

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Major US Banks Continue Branch Closures, Amplifying Concerns Over Financial Accessibility
https://bnn.network/finance-nav/major-us-banks-continue-branch-closures-amplifying-concerns-over-financial-accessibility/

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The Global Future Councils 2023 meetings will kick off on Monday, 16th October, as part of the strategic partnership between the UAE government and the World Economic Forum (WEF).

Around 600 of the world’s top thought leaders from academia, government, international organisations, business, and civil society from 30 councils will gather in Dubai to address future trends in five vital sectors: artificial intelligence and technology, environment and climate, governance, society, economy and finance.

The Global Future Councils meetings, held from 16th–18th October, aim to shape the future of strategic sectors, form integrated plans, and develop a set of solutions and ideas to address current and future challenges in the fields of economy, technology, geopolitical transformations, infrastructure, health, society, and the Fourth Industrial Revolution among others.

https://www.emirates247.com/business/economy-finance/wef-global-future-councils-meeting-kicks-off-tomorrow-in-dubai-featuring-600-global-experts-futurists-2023-10-15-1.725797

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Last week, Saudi Arabia's Crown Prince made the US Secretary of State wait for hours for a meeting and didn't appear until the next day, according to reports

This speaks volumes

The future of the petrodollar is the biggest financial question in the world right now

Connect dots


Read: https://x.com/goldtelegraph_/status/1713978383510716480?s=46

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G20 adopts roadmap on crypto asset regulation, calls for swift and coordinated implementation 

Kitco News

👆 Just a reminder.

@ Goldilocks

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* Treasury Market meltdown begins as Banks start shorting their gold and silver paper certificates on the Comex.

This brought gold and silver down yesterday as the stock markets were liquidated.

© Goldilocks

https://www.wsj.com/finance/commodities-futures/gold-falls-in-possible-technical-correction-86465c41

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Watch the Repo Market! When it locks up, liquidity will shift over to the Commodities Market.

A lot of money is flowing out of the Comex Market, and into, physical gold.


© Goldilocks

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Diverse Nationalities, Professions Among Migrants at US Mexico Border
https://www.voanews.com/a/diverse-nationalities-professions-among-migrants-at-us-mexico-border/7100889.html

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Protecting Immigrant Access to Fair Credit Opportunities | Consumer Financial Protection Bureau
ConsumerFinance

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 SEC APPROVES ISHARES BITCOIN SPOT ETF

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Goldilocks' Comments and Global Economic News Monday Evening 10-16-23

Goldilocks' Comments and Global Economic News Monday Evening 10-16-23

Good morning Dinar Recaps,

 “It is the sense of Congress that the Government of Zimbabwe and the Southern African Development Community (SADC) should enforce the SADC tribunal rulings from 2007 to 2010, including 18 disputes involving employment, commercial and human rights cases surrounding dispossessed Zimbabwean commercial farmers and agricultural companies.

“If not done, under Section (c) of the ZDERA, the United States Secretary of the Treasury is ordered to ‘instruct the United States executive director to each international financial institution to oppose and vote against any extension by the respective institution of any loan, credit, or guarantee to the Government of Zimbabwe; or any cancellation or reduction of indebtedness owed by the Government of Zimbabwe to the United States or any international financial institution’.”

Goldilocks' Comments and Global Economic News Monday Evening 10-16-23

Good morning Dinar Recaps,

 “It is the sense of Congress that the Government of Zimbabwe and the Southern African Development Community (SADC) should enforce the SADC tribunal rulings from 2007 to 2010, including 18 disputes involving employment, commercial and human rights cases surrounding dispossessed Zimbabwean commercial farmers and agricultural companies.

“If not done, under Section (c) of the ZDERA, the United States Secretary of the Treasury is ordered to ‘instruct the United States executive director to each international financial institution to oppose and vote against any extension by the respective institution of any loan, credit, or guarantee to the Government of Zimbabwe; or any cancellation or reduction of indebtedness owed by the Government of Zimbabwe to the United States or any international financial institution’.”

The Sunday Mail | The Leading Family Newspaper in Zimbabwe
https://www.sundaymail.co.zw/unpacking-illegal-sanctions-on-zim

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Breaking News: A Zimbabwe Single Currency is Now on Track - Awake-In-3D GCR Real-Time News
https://ai3d.blog/breaking-news-a-zimbabwe-single-currency-is-now-on-track/

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URGENT: Gold & Silver Price Manipulation Is About To End - Andy Schectman

https://youtu.be/thM_11NiRfA?feature=shared

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"The worry we have is not that Chinese consumers will do even less. It's that all the global supply chains are intermixed in industries like pharmaceutical and green tech. If things get too tense, it's potential supply-chain snarls that coil and screw up US business."

China's economic boom just reached a period of stagnation. Their current problems in real estate and other manufacturing resources in healthcare, car industry, and more, have Global consequences.

US concerns center around supply chain issues. The US and China have relied on each other to support one another's economy for decades.

The chase for being the richest Nation or Nations in the world is over. The move towards power seems to be at a more even pace, but at what cost if conflict breaks out.

Let's pray, that a choice towards coordinating efforts for a better humanity becomes the norm.

Humanity is at a crossroads. The search for greed, wealth, and power is getting us nowhere.

It's time for us to discover what is truly deepest within us allowing the sacred human to flourish in our new world. It is truly the next step of evolution that will cause us to reach heights of abundance no longer defined by what we are, but let it be defined by who we can become.

© Goldilocks
Business Insider
Reuters Link

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"The Kurdistan government announces the adoption of the Iraqi dinar instead of the dollar in customs duties"

The de-dollarization of the dollar to Iraqi dinar is moving into the Kurdistan region through customs duties.

Customs Duty is a tariff or tax imposed on goods when transported across international borders.

International trade utilizing the dinar instead of a dollar will create price pressures and demands for the Iraqi currency.

Demand equals more value.

Watch the water.

© Goldilocks
Search 4 Dinar Link
CBP Link

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When you level the playing field in trade, it provides an opportunity for all countries in the world to flourish together.

It moves us away from gaining a competitive edge to working together as a global team in providing each other's needs through cooperation and coordination.

As we begin to discover this quality of being within ourselves that we are capable of, the ability to know abundance on an unlimited scale cannot be measured.

© Goldilocks

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Why Everyone is Suddenly On Strike

https://youtu.be/FiBrx7_bqzo?feature=shared

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JUST IN: $65 million $BTC liquidated within minutes following fake reports that BlackRock's Spot Bitcoin ETF was approved.
@WatcherGuru

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JUST IN: 🇺🇸 US Treasury Secretary Janet Yellen says America can "absolutely" afford to fund another war.
@WatcherGuru

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JUST IN: Cointelegraph issues apology after falsely announcing that BlackRock's Spot Bitcoin ETF was approved by the SEC.
@WatcherGuru

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JUST IN: 🇬🇧 Binance will stop accepting new UK users.
@WatcherGuru

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JUST IN: 🇮🇱 Israel's currency (Shekel) falls to weakest level against the US Dollar in 8 years, following war with Hamas.
@WatcherGuru

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JUST IN: FTX co-founder says Sam Bankman-Fried used stolen customer funds to buy real estate & pay athletes like Tom Brady & Steph Curry for endorsement deals.
@WatcherGuru

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JUST IN: BlackRock CEO Larry Fink says crypto will play a role as a flight to quality.
@WatcherGuru

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JUST IN: FTX co-founder admits Sam Bankman-Fried used millions of stolen customer funds to donate to US politicians.
@WatcherGuru

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Follow Goldilocks' Roadmap

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Goldilocks' Comments and Global Economic News Sunday Evening 10-15-23

Goldilocks' Comments and Global Economic News Sunday Evening 10-15-23

Good evening Dinar Recaps,

Iraq Banking Announcement:

Iraq’s Prime Minister Mohammed Shia Al Sudani has informally expressed his interest in joining the BRICS alliance. The development comes a week after Iraq announced a ban on all cash withdrawals in the US dollar. The rule will come into effect on Jan. 1, 2024, as Iraq’s Central Bank aims to halt the misuse of foreign remittances. Moreover, Iraq is also aggressively pushing the de-dollarization initiatives at par with the BRICS alliance.

Goldilocks' Comments and Global Economic News Sunday Evening 10-15-23

Good evening Dinar Recaps,

Iraq Banking Announcement:

Iraq’s Prime Minister Mohammed Shia Al Sudani has informally expressed his interest in joining the BRICS alliance. The development comes a week after Iraq announced a ban on all cash withdrawals in the US dollar. The rule will come into effect on Jan. 1, 2024, as Iraq’s Central Bank aims to halt the misuse of foreign remittances. Moreover, Iraq is also aggressively pushing the de-dollarization initiatives at par with the BRICS alliance.

https://watcher.guru/news/iraq-join-brics-ban-cash-withdrawals-us-dollar#google_vignette

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"Consumer sentiment fell sharply this month amid growing inflation concerns. The October preliminary report for the Michigan Consumer Sentiment Index came in at 63.0, down 5.1 (-7.5%) from the September final. This morning's reading was below the forecast of 67.2."

This is the market indicator the Feds have feared the most. 70% of the market is run on consumers like you and me investing in it. It gave the markets a jolt on Friday and even gold went up $62.

The readings prior to this one two months back have read as if nothing has changed until October came around. This is the canary in the mining shaft warning us that danger is ahead.

Current Global conditions do not look profitable as well. As the prospect of War continues to expand, we have great challenges ahead of us that should release the caps on gold along with distorted prices across all sectors of the market including Forex.

Japan has already stated that they are planning on doing a currency intervention in the near term. This is not uncommon during a time of War to see fluctuating exchange rates.

In the end, everything changes along with new price-correlated actions that meet the needs of a new Financial environment.

© Goldilocks

https://www.advisorperspectives.com/dshort/updates/2023/10/13/michigan-consumer-sentiment-falls-sharply-inflation-concerns

https://tradingeconomics.com/united-states/consumer-confidence

~~~~~~~~~~

IMF Announcement:

"The International Monetary Fund (IMF) has called for financial reforms, particularly in the crypto industry, to foster global economic stability."

We have seen several guiding monetary institutions on a global scale begin to call for the activation of the new economy.

Here, we have the IMF calling for Financial Reforms, particularly in the crypto industry.

As we know in this room, the upgrade into Protocol 20 is complete, but we are still in the testing period until the end of this month. At that time, a vote will be taken to move forward.

© Goldilocks

https://crypto.news/imf-economic-stability-risk-amid-israel-hamas-conflict/

https://dashboard.stellar.org/

~~~~~~~~~~

India's quest for a global rupee: Can it break free from the dollar dominance?

ETV Bharat

~~~~~~~~~~

The IMF welcomes Nigeria's 43 restrictions removal from their FX Market.

"Nigeria is the most important country politically and economically in West Africa. It is richer than all other West African nations and holds considerable power. Nigeria's most important export is oil, more than half of which is shipped to the United States."

Their Foreign Exchange Market is the most important one in the western portion of Africa.

The Central Bank of Nigeria has made a decision to free up some of their restrictions that will allow the movement of imports and exports to flow freely on a global scale.

This movement of money will create more demand and more value for their currency and the ability to manage their own country's finances.

© Goldilocks

https://www.thisdaylive.com/index.php/2023/10/14/imf-welcomes-cbns-removal-of-fx-restrictions-on-43-items


NationalGeographic Link

~~~~~~~~~~

The United Nations Assistance Mission for Iraq presented its findings to the Security Council on Tuesday, highlighting the progress and challenges Iraq has faced since its new government was formed a year ago. Jeanine Hennis-Plasschaert, the UN special envoy for Iraq, spoke on the government’s key actions under Prime Minister Mohammed Shia’ al-Sudani, such as the adoption of a federal budget, financial reforms, and a new social security law.

“While there has been notable progress, the complex web of corruption that has plagued Iraq for years cannot be undone overnight,” Hennis-Plasschaert said. She pointed out that Iraq’s economy heavily relies on oil and that the public sector is “unsustainable” in its current size.

Hennis-Plasschaert further noted the repeated postponement of parliamentary elections in northern Iraq’s Kurdistan region, calling on all parties to ensure that the rescheduled February elections take place. “There’s much at stake; the democratic process must prevail,” she stressed.

https://themedialine.org/mideast-daily-news/un-mission-reports-on-iraqs-progress-challenges-after-one-year-of-new-government/

~~~~~~~~~~

In the fast-evolving landscape of blockchain technology, Stellar has emerged as a leading platform, setting new standards for security, scalability, and innovation. With its upcoming smart contracts platform, Soroban, Stellar is poised to revolutionize the decentralized application (dApp) development space. In this article, we explore the comprehensive security checks conducted by Stellar for Soroban and highlight its potential to transform the blockchain ecosystem.

https://cryptonewsbytes.com/stellar-commences-comprehensive-security-checks-for-the-highly-anticipated-smart-contracts-platform-soroban/cryptocurrency/

~~~~~~~~~~

Stellar Lumens (XLM) is making waves as an innovative force in the digital currency arena. While Bitcoin has captivated the market’s attention, XLM offers a fresh perspective by prioritizing accessibility to financial services for underserved populations. Its underlying blockchain technology enables efficient and cost-effective cross-border transactions, potentially transforming the way money moves around the world. As XLM continues to gain traction, it has the potential to reshape the future of finance and bridge gaps that traditional systems have struggled to address.

https://www.wales247.co.uk/stellar-lumens-illuminated-lighting-the-way-for-financial-inclusion-beyond-bitcoin

~~~~~~~~~~

Nearly half of all US listed companies are now unprofitable
https://twitter.com/MultiPolarMarkt/status/1713528513335005355?t=_wuL4fotHMZbQr2QACmQkQ&s=09

~~~~~~~~~~

Chinese Bitcoin Mine in Wyoming Raises National Security Concerns

TheDailyBeat

~~~~~~~~~~

NEW - "Run by Chinese nationals, U.S. government officials have been "tracking for months" Chinese Bitcoin mining bases across the U.S. over "national security concerns.

One base in Wyoming is located less than a mile from F.E. Warren Air Force Base, which oversees nuclear ICBMs and is only feet from a large Microsoft data center.

Bitcoin mining was banned in China in May 2021 over energy usage concerns and "economic destabilization."

https://www.disclose.tv/id/wxaq86rtwi/

~~~~~~~~~~

MARKETS A LOOK AHEAD: "ENDGAME." The Final Stage Has Begun. Mannarino

https://youtu.be/ifPfc6jMSbk?feature=shared

~~~~~~~~~~

😔 Price distortions... We talked about this a week or two ago. It will eventually force a reset.

© Goldilocks

~~~~~~~~~~

US home rentals are getting cheaper than mortgage payments

https://twitter.com/MultiPolarMarkt/status/1713551472896475271?t=ju5rVBUlblFw_DXm0xsx2g&s=09

~~~~~~~~~~

 U S dollar collapse primes crypto for trillions to flood the system-triggering an Epic Bitcoin, Ethereum, XRP, and crypto price prediction.

~~~~~~~~~~

Something to pay close attention to is the developments in the Strait of Hormuz.

This is a chokepoint for nearly 20% of the world's oil.

https://x.com/goldtelegraph_/status/1712885583935426637?s=46

~~~~~~~~~~

👆Water!

© Goldilocks

~~~~~~~~~~

FBI director warns of copy-cat terror attacks on US soil
https://nypost.com/2023/10/15/fbi-director-warns-of-copy-cat-terror-attacks-on-us-soil/

~~~~~~~~~~

👆 We talked about this the other day.

© Goldilocks

~~~~~~~~~~

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Goldilocks' Comments and Global Economic News Saturday Evening 10-14-23

Goldilocks' Comments and Global Economic News Saturday Evening 10-14-23

Good evening Dinar Recaps,

Currently, the entire Global Economy is going into a recession, and the shift in our economy will bring forth new values in assets held down for a very long time.


Gold does very well in a recession. It will serve as the bridge between this economy and the next.

As we get closer to the end of Protocol 20 testing, our new tokenized assets backed by the Commodity Market will begin to bring forth new values in the marketplace. Some will call this a market crash in some sectors as others do well. In essence, our new tokenized assets will just simply be going to a real value.

Goldilocks' Comments and Global Economic News Saturday Evening 10-14-23

Good evening Dinar Recaps,

Currently, the entire Global Economy is going into a recession, and the shift in our economy will bring forth new values in assets held down for a very long time.


Gold does very well in a recession. It will serve as the bridge between this economy and the next.

As we get closer to the end of Protocol 20 testing, our new tokenized assets backed by the Commodity Market will begin to bring forth new values in the marketplace. Some will call this a market crash in some sectors as others do well. In essence, our new tokenized assets will just simply be going to a real value.

When the dust settles, price correlations will begin to form in the currency markets that include gold and silver as money. This is when currency interventions take place.

Remember, we talked about this a week to a week and a half ago. The dollar is going to shift into more Capital requirements for the dollar in gold.

This could shift price correlations between the dollar and gold between now and November the 1st when these new requirements are implemented.

Many countries around the world are doing the same thing, and the Forex Market that is currently showing distortions in current prices will begin to level the playing field over time.

© Goldilocks
Lyn Alden Newsletter Link
World Bank Link
Bloomberg Link
~~~~~~~~~~

URGENT: Jim Rickards Predicts MAYHEM In 24 Days

https://youtu.be/B1ELaaGQnUg?feature=shared

~~~~~~~~~~

JUST IN: Ferrari begins accepting crypto payments for its cars.
@WatcherGuru

~~~~~~~~~~

"The G20 nations collectively accept the regulatory roadmap as proposed by the IMF-FSB paper for crypto oversight.

The review of the proposed measures implementation status is expected by the end of 2025."

The above quote basically means that we can start our crypto implementation when the testing period of Protocol 20 is done and voted on. It is a Global Banking announcement that G20, Financial Stability Board, and the IMF will be helping us move forward through their guidance.

We will be inside an evaluation period between now and 2025, but we have been given the green light to move forward with our new economy inside a digital asset-based trading system.

The G20 meets regularly to form policies on global trade, health, climate, and other issues. They are the World's wealthiest group of countries that come together in regulating our Global Economy.

As we wind down the testing period of Protocol 20 this month, look for the banks and markets to coordinate new prices in every sector of the market.

© Goldilocks
Benzinga Link

CFR Link
~~~~~~~~~~

SEC Adopts Rule to Increase Transparency in the Securities Lending Market
https://www.sec.gov/news/press-release/2023-220

~~~~~~~~~~

IMF says 'weak tail' of banks could struggle in an economic downturn

The Edge Malaysia Link

~~~~~~~~~~

How interest rates are sinking U.S. banks’ ambitions – Cryptopolitan
https://www.cryptopolitan.com/interest-rates-sinking-us-banks-ambitions/

~~~~~~~~~~

JPMorgan Tokenized Collateral Network Launches With BlackRock-Barclays Trade  Unchained Crypto Link

~~~~~~~~~~

IMF teaches Central Banks on managing inflation expectations 

Businessday NG

~~~~~~~~~~

Shanghai gold prices spike after holiday week, supporting global rally

Kitco News

~~~~~~~~~~

Transcript of IMF Managing Director's Press Briefing on the Global Policy Agenda
IMF Link

~~~~~~~~~~

Treasury bond auctions have been ugly lately, and weak demand could be a 'canary in the coal mine'

Business Insider Link

~~~~~~~~~~

I have been told to be on high alert next week. It could be anything, so I ask that you not take this as calling an RV.

© Goldilocks

~~~~~~~~~~

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Goldilocks' Comments and Global Economic News Friday Evening 10-13-23

Goldilocks' Comments and Global Economic News Friday Evening 10-13-23

Good morning Dinar Recaps,

Did you know that there have been over 66,000 articles published in this room for the last 2 years?

We have learned a lot together regarding the new QFS system.

© Goldilocks

Goldilocks' Comments and Global Economic News Friday Evening 10-13-23

Good morning Dinar Recaps,

Did you know that there have been over 66,000 articles published in this room for the last 2 years?

We have learned a lot together regarding the new QFS system.

© Goldilocks

~~~~~~~~~~

On Friday, the World Bank stated it is boosting its collaboration with nine Multilateral Development Banks.

Multilateral Development Banks are part of the BRICS System. More and more liquidity is moving over to the BRICS System.

The World Bank provides financing, policy advice, and technical assistance to governments of developing countries.

The transition of power and wealth is right in front of us my friends.

© Goldilocks
Zawya Link
Wikipedia New_Development_Bank Link


~~~~~~~~~~

"Sudan’s Iranian Rapprochement Gives Control Of The Red Sea To BRICS"

On January 1st, 2024, Iran and Sudan are reestablishing harmonious relations after 7 years of conflicting viewpoints through connection with the BRICS Nations.

This gives control of access to the Red Sea and the Suez Canal to the BRICS Nations. As we have discussed many times in this room, 80% of International trade takes place on the water whereby the formation of exchange rates occurs the most.

Watch the water.

© Goldilocks
Silk Road Briefing Link

~~~~~~~~~~

The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart contracts that’s being tested right now. What makes Soroban special is its use of WebAssembly (WASM), which is designed to work well with regular websites and blockchain systems.

Blockchains need to be very safe. Even a tiny mistake in the code can cause big problems. That’s why Stellar wants to make sure that its new system, Soroban, is as safe as possible. Smart contracts, which are agreements stored on the blockchain, have to be very secure because they are immutable so once they are made, they can’t be changed.

Crypto News Link

~~~~~~~~~~

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development
IMF Link

~~~~~~~~~~

Transcript of October 2023 World Economic Outlook Press Briefing

Speakers:

Pierre‑Olivier Gourinchas, Director, Research Department, IMF
Petya Koeva Brooks, Deputy Director, Research Department, IMF
Daniel Leigh, Division Chief, Research Department, IMF

IMF Link

~~~~~~~~~~

We are still in the testing phase of Protocol 20.

At the end of the month, a vote will be taken to move forward with the integration of Quantum Technologies.

Smart Contracts will be activated around the world to secure both sides of a trade in an electronic format.

© Goldilocks
https://dashboard.stellar.org/

~~~~~~~~~~

STRATEGIC IMPORTANCE OF THE RED SEA  

One of the most important issues in the Red Sea area over the last 50 years has been the Arab-Israeli conflict. There is also the close interrelationship between the Red Sea and the Arab Gulf, which have historic, economic, and strategic links.

Pdf Links:
STRATEGIC IMPORTANCE OF THE RED SEA 
Strategic Importance of the Red Sea - DTIC

~~~~~~~~~~

Transcript of Middle East and Central Asia Department Press Briefing

Speaker:  Jihad Azour, Director of the Middle East and Central Asia Department, IMF

IMF Link

~~~~~~~~~~

Something to pay close attention to is the developments in the Strait of Hormuz.

This is a chokepoint for nearly 20% of the world's oil.

Read: https://x.com/goldtelegraph_/status/1712885583935426637?s=46

~~~~~~~~~~

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Goldilocks' Telegram Room

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Goldilocks' Comments and Global Economic News Thursday Evening 10-12-23

Goldilocks' Comments and Global Economic News Thursday Evening 10-12-23

Good evening Dinar Recaps,

In September, India's central bank made its largest monthly gold purchase in 15 months.

~~~~~~~~~~

China has added gold for 11 straight months

They have purchased 243 tonnes of gold since they started reporting these purchases

We are witnessing the local #gold premium in China soar to record highs when compared to international pricing    A new system is emerging?

Goldilocks' Comments and Global Economic News Thursday Evening 10-12-23

Good evening Dinar Recaps,

In September, India's central bank made its largest monthly gold purchase in 15 months.

Read: https://x.com/goldtelegraph_/status/1712253002357387454?s=46

~~~~~~~~~~

China has added gold for 11 straight months

They have purchased 243 tonnes of gold since they started reporting these purchases

We are witnessing the local #gold premium in China soar to record highs when compared to international pricing    A new system is emerging?

Read: https://x.com/goldtelegraph_/status/1712202649666502700?s=46

"Bitcoin and gold have similar inflation-hedge narratives. Currently, gold has a lower inflation rate (1.7%) than Bitcoin (1.8%), but it will be a monumental flip at the halving. A simplistic inflation story would require gold and bitcoin to rise together. However, gold is getting hammered in the last few days while bitcoin is bouncing."

About a week ago we talked about this taking place. We talked about how assets would decouple from each other and how price distortions would occur during a time of War. In the end, a reset/revaluing of assets would occur.

© Goldilocks

~~~~~~~~~~

“Zimbabwe launched a new gold-backed digital currency in an effort to halt re-dollarization, which the administration of President Emmerson Mnangagwa worries could destroy the country's already struggling economy.”

At this time, this is only for citizens of Zimbabwe and can’t be purchased out of the country. But this shows the initiative is not only in the Middle East and Asia but also in Africa. 

~~~~~~~~~~

ZIMBABWE

🟠INTRODUCES GOLD-BACKED CURRENCY

🟢IF SOMEONE IN ZIMBABWE HAS GOLD IT CAN BE CONVERTED TO DIGITAL TOKENS

✅GOAL IS TO DE-DOLLARIZE

https://allafrica.com/stories/202310100479.html

~~~~~~~~~~

It's time for liquidity to flow out of energy and into other markets

https://youtu.be/g6TxjlOoLAk?feature=shared

~~~~~~~~~~

Artificial intelligence is beginning to take over the banking system at this point. It will begin driving Market direction and integration through a series of data points that give us a path going forward.

This will change the landscape of management inside our banking systems, and it will create new opportunities inside the markets that will revolutionize the way we create money.

Computers work with real values. This is why the banks, markets, and payment systems have to work with a decentralized system based on real values supported by the commodity markets.

Gold gives solid values to our new digital asset-based trading system. Look for November going into December to create life-changing events in our banking system and our markets.

© Goldilocks
IBS Intelligence Link
The Street Link
Analytics Insight Link
The Currency Analytics Link

~~~~~~~~~~

Aside from leading the banking sector in profitability as of half year ended June 30, 2023, United Bank for Africa (UBA) also outperformed other Tier-1 and Tier-2 banks in Capital Adequacy Ratio (CAR) and Liquidity Ratio (LR) to maintain soundness and resilient financial system, THISDAY investigation has revealed. 

This Day Live Link

~~~~~~~~~~

"Derivative Exchange Deribit to Start XRP Options Trading January 2024."

An option contract is linked to an underlying asset, e.g., a stock or another security. In other words, this gives XRP the ability to trade in pairs.

Currency pairs set values of one vs. another, and their exchange rates will continuously fluctuate based on their respective changing values.

Do you remember a while back when we saw XRP being paired to the IQD? Both currencies provide support to one another when they are paired together. It keeps the fluctuations of individual exchange rates in check offering more value to each one together than alone.

In January 2024, XRP is being called up to play in the Big Leagues. This will transform our traditional markets across all sectors.

Yes, Babe Ruth (XRP) is stepping up to the plate, and it will bring with it a grouping of other currencies to stabilize values in the new digital asset-based trading system.

© Goldilocks
The Crypto Basic Link

~~~~~~~~~~

Fed's Barr frames capital reform as final chapter of Dodd-Frank | American Banker
American Banker Link

~~~~~~~~~~

BRICS: Saudi Arabia & China Partner to Develop New AI System

Watcher Guru Link

~~~~~~~~~~

INTRODUCING | Stellar and PwC Launch a Financial Inclusion Framework to Assess and Judge Blockchain Projects in Emerging Markets

The framework was developed by analyzing 12 blockchain applications operating in Colombia, Argentina, Kenya, and the Philippines.

BitcoinKE Link

~~~~~~~~~~

US #inflation in September came in above forecasts, raising the odds the Fed will hike #InterestRates

US Consumer Price Index:
▪️ m/m = +0.4% (expected +0.3% / previously +0.6%);
▪️ y/y = +3.7% (expected +3.6% / previously +3.7%);
▪️ Core #CPI = +4.1% yoy (expected +4.1% / previously +4.3%).

MultiPolarMarkt

~~~~~~~~~~

~~~~~~~~~~

WEF: Are You Ready For A.I. To Monitor Your Thoughts?

https://www.youtube.com/watch?v=DZsxUl2qihQ

~~~~~~~~~~

BREAKING NEWS

AN IMF OFFICIAL IS WARNING THAT THE UNITED STATES IS ON A UNSUSTAINABLE FISCAL PATH WITH BIG DEFICITS

Surprise, surprise.

Read: https://x.com/goldtelegraph_/status/1712563495840129368?s=46

~~~~~~~~~~

It's not until you look behind that you see how things are connected.

We have been covering the QFS for over 2 years. We have been following it as a group from the ground up. Now, we are beginning to reveal how things are interconnected.

© Goldilocks

~~~~~~~~~~

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Goldilocks' Comments and Global Economic News Wednesday Evening 10-11-23

Goldilocks' Comments and Global Economic News Wednesday Evening 10-11-23

Good evening Dinar Recaps,

Trading Reforms, Tax Reforms, T+1 settlements on the markets, Vietnamese platforms being placed on US market platforms, Electronic Crypto Reforms, Global Tax Reforms for emerging markets, Digital Trade Reforms, and more.

This is just a few items that are taking place every day in creating the new digital payment system.

Goldilocks' Comments and Global Economic News Wednesday Evening 10-11-23

Good evening Dinar Recaps,

Trading Reforms, Tax Reforms, T+1 settlements on the markets, Vietnamese platforms being placed on US market platforms, Electronic Crypto Reforms, Global Tax Reforms for emerging markets, Digital Trade Reforms, and more.

This is just a few items that are taking place every day in creating the new digital payment system.

As we continue to globally tokenize our assets and move into Protocol 20 in the banking system that allows for Quantum Technologies to be interfaced going forward, just know that people, and places, and organizations around the world are about to change the way we live.

Is important to embrace this fact. Nothing can change what is about to happen.

© Goldilocks

https://dashboard.stellar.org/

~~~~~~~~~~

BREAKING NEWS

CHINA HAS SAVED ALMOST $10 BILLION THIS YEAR THROUGH RECORD PURCHASES OF OIL FROM COUNTRIES UNDER WESTERN SANCTIONS

Awkward?

Read: https://x.com/goldtelegraph_/status/1711972692818292798?s=46

~~~~~~~~~~

US credit downgrade means junk sovereign bonds now outweigh AAA debt for the first time, Fitch says

 Active junk bond markets indicate the market is overbought. Investors pull back during these times and do not take as many risks. It causes Market volatility and downturns.

© Goldilocks
Business Insider Link

~~~~~~~~~~

The role of Google, Amazon and Immutable in the development of the web3 industry

Google Cloud and Amazon Web Services (AWS) have demonstrated several times in recent months that they are willing to invest in the crypto world, especially in the development of the web3 industry.

Today the decentralized game platform Immutable announced a strategic partnership with Amazon to accelerate the onboarding of game developers into the web3 and promote digital ownership of objects to millions of players worldwide.

Amazon’s role will be critical in this context because within its AWS cloud we find the presence of gaming giants such as Ubisoft, Warner Bros. Games, Riot Games and Epic Games.

This is a very important collaboration because it aims to stimulate mass adoption of games on blockchain by leveraging the reliability, luster and scalability of the traditional web giant.
Cryptonomist Link

~~~~~~~~~~

"The ACAMS Certified Global Sanctions Specialist (CGSS) certification is the global program for equipping professionals with the tools they need to understand and interpret changing sanctions regimes.

CAMS (Certified Anti-Money Laundering Specialist) is the global gold standard in AML certifications, with more than 40,000 CAMS graduates worldwide.

KYC, or "Know Your Customer", is a set of processes that allow banks and other financial institutions to confirm the identity of the organisations and individuals they do business with, and ensures those entities are acting legally.

Customer communication management (CCM) in banking fits right in with this change, providing financial institutions with an effective and efficient tool to offer increasingly digital customers the opportunity for a true multichannel journey."

The above certifications have been ongoing since the beginning of the year and will continue going forward for Iraq.

They have been in logistics training for the new digital banking system that will allow them to function within it on a global scale.

© Goldilocks

https://cbi.iq/news/view/2440
Doxee Link
Investopedia Link
ACAMS Link
ACAMS Link 2
~~~~~~~~~~

Zimbabwe_Government_90_Day_Foreign_Currency_Treasury_Bill_Issue

PDF Link

~~~~~~~~~~

PayPal, Visa and Mastercard, Apple Pay, Stripe, Google Pay, Amazon Pay, and Paytm.

What do they all have in common? Local and international payments.

These Giants of the new digital payment system are paving the way for the road ahead and crypto adoption.

© Goldilocks

https://whatstrending.com/battle-of-the-digital-payment-giants/

~~~~~~~~~~

For years I have been encouraging you to save your copper pennies and nickels.

Have you ever wondered why you were seeing so many bright shiny pennies these days handed to you from the banks?

The following is why.

Citi - "Buy Copper now before the rally to $15,000."

© Goldilocks

https://tradestreetdigest.com/the-unstoppable-rise-of-copper-1/

~~~~~~~~~~

Furex launches an App for digital assets trading - Businessday NG
Business Day Link

~~~~~~~~~~

J.P. Morgan Fusion launches Data Mesh solution

J.P. Morgan has launched the Securities Services Data Mesh, a data solution that allows investors to access critical investment data from J.P. Morgan’s custody, fund accounting, and middle-office services. It is delivered via Fusion by J.P. Morgan.
Asset Servicing Times

~~~~~~~~~~

Bitstamp’s Big Move: Partnering with Three European Banking Giants
Coinpedia Link

~~~~~~~~~~

Prime Minister Mohammed Shia al-Sudani on Wednesday confirmed Iraq’s readiness to join the BRICS group.

The Prime Minister said in a statement to RT during a dialogue session with representatives of the Iraqi community in Russia, and was followed by the Iraqi News Agency (conscious): “Iraq is ready to join the BRICS group if it receives an invitation from the founding countries,” noting that “Iraq understands the role played by the group and understands the conditions and specifications of joining it.”

On the Palestinian issue, the Prime Minister expressed his gratitude for “the principled position of Russia on the Palestinian issue,” noting that he “discussed this file with President Putin in-depth and out of concern for the lives of civilians.”

https://search4dinar.wordpress.com/2023/10/11/pm-confirms-iraqs-readiness-to-join-brics/

~~~~~~~~~~

JUST IN: 🇺🇸 US debt rose by $1.2 billion per hour for the past 19 days.

@WatcherGuru

~~~~~~~~~~

We are now 21 days into the Protocol 20 upgrade. The upgrade itself is in the testing phase until the end of October.

During this testing phase, new digital tokens are currently "validating new transactions and maintaining the security of the blockchain."

Once the blockchain is secured, new tokens can be logged onto the system after the testing period is over. And then, we will have a vote to move forward.

This update will provide support for businesses and developers who have an interest in creating tokenized assets on the Stellar Network.

© Goldilocks

Stellar Link
Law Insider Link
Ledger Link

~~~~~~~~~~

Debt Markets Shifting Towards Collapse  with @GregoryMannarino

https://www.youtube.com/watch?v=m9lV8f6V8Hg

~~~~~~~~~~

The Big Riggers look like they are at the very bottom of their rigging operation with very few entities willing to go further short than they already are. 
 
Now we move up and it's all about WHO is going to short the derivative market enough to slow down the Silver Moon Shot!

 
SILVER ALERT! Criminal Silver Banks Set Up FINAL Physical vs. Derivative BATTLE! (Bix Weir)
https://youtu.be/4NpuVF7p_E8 

~~~~~~~~~~

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