Goldilocks' Comments and Global Economic News Tuesday AM 11-14-23

Good morning Dinar Recaps,

"Saturday, informed government sources revealed an Iraqi-American agreement regarding foreign transfers to cover imports"

Iraq is currently raising Capital Requirements in their banking system to cover imports and foreign transfers to several countries.

They are expecting to be able to follow through on this request with JPMorgan's guidance within the next few days.

Goldilocks' Comments and Global Economic News Saturday Afternoon 11-11-23

Good Afternoon Dinar Recaps,

India is launching their wholesale CBDCs platform on the UPI. The CBDC platform enables real-time settlements in cross-border International trades for large transactions.

This is expected to begin in January 2024 that just so happens to be the month that Iraq is being included inside the UPI trading system in India using the Iraqi Dinar.

The Unified Payments Interface or UPI is capable of doing bank-to-bank transfers across the borders with several Banks simultaneously.

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

Good Evening Dinar Recaps,

Sometimes we assume things, and I do not want to assume anything with this room.

Is everyone aware that in order to have liquidity for an RV we need to see the Commodity Sector of the markets go to a real value such as gold?

Just give me a sign that you read this note either through a thumbs up or other symbols. Thank You in advance.

Goldilocks

 Goldilocks' Comments and Global Economic News Friday AM 11-10-23

Good Morning Dinar Recaps,

"CFTC’s Proposal on Investment of Customer Funds"

Not happening anymore my friends. No more using your money to invest on the market to make money for the banks. 

The main objective of the Commodity Exchange Act (“CEA”) and CFTC regulations is to put together a framework that protects customer's money.

Goldilocks' Comments and Global Economic News Thursday Evening 11-9-23

Good Evening Dinar Recaps,

To give you an idea of where the digital economy is going. Here is a link below to help you understand the goals of where we are headed in the next 5 years.

© Goldilocks

"Our four strategic goals are to:

Goldilocks' Comments and Global Economic News Late Wednesday Morning 11-8-23

Good Morning Dinar Recaps,

Iraq's pursuit of a unified oil law since 2017 is seen as a step towards national unity but may threaten Kurdistan's semi-autonomous status and exclude Western energy involvement.

Russia and China are increasing their presence in Iraq's oil market, capitalizing on reduced U.S. influence in the Middle East and leveraging strategic alliances.

The new oil law, controlled from Baghdad, is intended to manage all oil and gas production in Iraq, consolidating power and possibly marking a shift away from Western energy dominance.

Goldilocks' Comments and Global Economic News Tuesday Evening 11-7-23

Good Evening Dinar Recaps,

The Central Bank of Iraq decided to resume the sale of gold bullion and coins, starting Wednesday, November 8, 2023, via an “electronic platform.”

The Central Bank of Iraq confirmed that government and private banks can apply to buy gold bullion and coins via (an electronic platform designated for this purpose), indicating that their sale will be in accordance with the instructions and controls issued by the Central Bank of Iraq.

Goldilocks' Comments and Global Economic News Monday Evening 11-6-23

Good evening Dinar Recaps,

"The Bank for International Settlements (BIS) has published detailed plans for its cross-border wholesale central bank digital currency (CBDC) project nearly one year after completing a pilot study."

This project is expected to begin early 2024. Wholesale CBDCs will be utilized on Forex to exchange foreign currencies through digital smart contracts designed to ensure funds on both sides of a trade are executed safely.

Goldilocks' Comments and Global Economic News Saturday Evening 11-5-23

Good evening Dinar Recaps,

We have two major events still taking place in the Global Markets. One is the tokenization of assets, and the other is the development of Basel 3 requirements for banks.

The US and China are in the process of developing Basel III requirements along with Europe and the UK. 
Protocol 20 is an interfacing of Quantum Technologies from around the world, and the current testing phase is still in process with a vote expected to be taken on its movement forward by the end of the year along with Basel 3 requirements moving forward for the US in January.