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

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.

This will help them move money in and out of Iraq enhancing their private sector merchants with liquidity through cross-border trades.

© Goldilocks     Zawya Link
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When the government needs to borrow money, they utilize a t-bill scheme. They formulate new treasury bonds with the anticipation of Market investors buying them. They are considered a safe bet on returns inside of Market that is struggling.

"The 30-year U.S. Treasury yield climbed above 4.8% on Thursday, from 4.655% the prior day, after a sale of $24 billion in bonds received far less demand from investors than the government is used to."

In other words, Market liquidity is drying up. This moves us closer to a flip in the market whereby gold provides liquidity going forward. Time will tell if they hold to the date of January 16th, 2024 in moving to the final implementation stage of capital requirements for banks to hold gold in reserve for events such as this taking place.

When a crisis develops in the markets hardcore banking benchmarks become flexible. We will have to watch this one.

© Goldilocks

The Edge Malaysia Link

WSJ Link
Corporate Finance Institute Link

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Liquidity gridlock worsens in US commercial real estate sector    Reuters Link

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US Credit-Rating Outlook Changed to Negative by Moody’s     Bloomberg Link

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To enhance foreign investment in Chinese financial markets, the People's Republic of China has recently implemented substantial changes to the regulations overseeing foreign institutional investors. These changes specifically pertain to managing funds used for trading in domestic securities and futures, focusing on streamlining processes related to fund registration and currency conversions.

https://www.indrastra.com/2023/11/china-streamlines-reforms-for-foreign.html

👆Goldilocks pointed to this article

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China-led global CBDC platform, mBridge intends to introduce a minimum viable project in the middle of 2024 as the next step for the blockchain-based cross-border payments solution.

The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates, and it operates under the umbrella of the Hong Kong BIS Innovation Hub. Participants include the International Monetary Fund, the World Bank, and 23 central banks from across the world.

https://bitcoinke.io/2023/11/mbridge-to-launch-mvp-in-2024/

👆Goldilocks pointed to this article

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The ISO 20022 crypto-list encompasses compliant digital coins and tokens adhering to the standards set by the International Organization for Standardization (ISO) under ISO 20022. These cryptocurrencies are poised to be integrated into a novel financial system known as ISO 20022-compliant cryptocurrencies, with widespread anticipation that their value will surge upon the standard’s implementation.

News4Social Link

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"How Central Banks Can Use Gold Revaluation Accounts in Times of Financial Stress"

When the Central Banks make a decision to turn their gold holdings into real-valued liquidity prices, it has the ability to turn the markets around forging a path into the future led by the metal markets.

The suppression of gold and other commodities has allowed inflation to move into directions whereby the only choice left to us is releasing caps on the commodity sector of the market.

At this point, a revaluation in gold is rapidly approaching. "Gold will set us free and all roads lead to gold.

© Goldilocks

GoldSeek Link 1

GoldSeek Link 2

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JUST IN: 🇺🇸 Largest US options exchange Cboe to launch margined Bitcoin and Ethereum futures.

@WatcherGuru

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"Goodyear’s Q3 sales decreased 3.2% to $5.142 billion compared with $5.311 billion the prior year on the back of commercial truck industry weakness and, to a lesser extent, other tire-related sales declines, the company said."

If the Trucking industry is not on the road moving products, we have a problem. The trucking industry is one of those indicators that allows data reporting agencies to know and understand certain sectors of the market.

This one measures our goods and services sector of the economy, and it is beginning to turn downward in significant degrees.

This is another reason why Libor lending services shifted to SOFR lending services on July 1st, 2023. Remember, SOFR lending is a collateralized-based lending service based on gold as a backing for support. Gold is the new liquidity inside all sectors of the market.

"Gold will set us free and all roads lead to gold."

© Goldilocks

https://www.ttnews.com/articles/goodyear-earnings-q3-2023

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On the US Debt Clock, watch what happens to the price of gold and silver when the dollar supply runs out.

© Goldilocks

https://www.usdebtclock.org/

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Why the US money supply is shrinking for the first time in 74 years
https://www.goldmansachs.com/intelligence/pages/why-the-us-money-supply-is-shrinking.html

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Goldilocks' Comments and Global Economic News Sunday Evening 11-12-23

Goldilocks' Comments and Global Economic News Sunday Evening 11-12-23

Good evening Dinar Recaps,

The American Financial System: US

1. Delinquent commercial real estate loans at US banks have hit their highest level in a decade.

2. US bank stocks have collapsed to all-time lows when measured against the S&P 500 index.

3. Jamie Dimon and his family will sell $141 million of JPMorgan stock in 2024.

4. US banks are sitting on an estimated $650 billion in unrealized losses on their bond holdings.

5. The 60+ days delinquency rate of the subprime-backed ABS that Fitch tracks rose to 6.1% in September... this represents a RECORD.

These are the facts.

And sometimes the facts are served cold.

Read: https://x.com/goldtelegraph_/status/1723449486381605230?s=46

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This has been a great year for fans of gold-based money. As part of their migration away from the fiat dollar-based international financial system, Russia has reportedly introduced widespread “gold-based checking accounts” at major commercial banks — a simple and effective form of “digital gold” — while the government of India has begun issuing gold-based government bonds.

International megabank HSBCHBA 0.00% just said that it is launching a “tokenized gold” platform, making gold-based transactions possible among HSBC’s many clients worldwide. Of course there is no evidence that the Federal Reserve is going to jump on this bandwagon anytime soon.

However, at the State level, many US States — actually, most of them — are tiptoeing toward creating an alternative gold-based currency platform.

https://www.forbes.com/sites/nathanlewis/2023/11/07/us-states-leading-the-move-to-a-golden-dollar/

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On January 20, 2024, the Global Gold Monetary Fund will launch its gold-backed currency in the Philippines. (See link below) They have invited other countries to do the same.

Many countries have already started this process including the United States on the state level. It is a movement that is growing and rapidly becoming an alternative to the current monetary system.

At this time, the Philippines are expected to be done with their revisions and legislation process by the end of the year.

The Philippines have created what is called a Sovereign Wealth Fund capable of being backed by precious metals, and they are expected to be fully operational by the end of this year.

© Goldilocks

ChannelNewsAsia Link
ManiliaTimes Link

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Ethereum Insider Ready For Battle: ETH Founders’ Fraud Proof Coming In 4-5 Days

https://bitcoinist.com/ethereum-insider-eth-founders-fraud/

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Exporters to be able to exchange currencies through foreign brokers

KoreaJoongAngDaily Link

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Abu Dhabi Finance Week (ADFW) 2023, set to run from 27 to 30 November, will host an impressive assembly of financial leaders, boasting a collective $27trillion in assets under management.

The four-day event will encompass over 40 events and more than 180 sessions, drawing in over 10,000 attendees from 3,500 companies worldwide.

Among the notable participants are CEOs from trillion-dollar asset management firms including Franklin Templeton and State Street, investor Ray Dalio, leaders of sovereign wealth funds, and top executives from global financial institutions such as Goldman Sachs, Morgan Stanley, and BNY Mellon.

https://thefintechtimes.com/adfw-2023-finance-giants-convene-with-27trillion-in-assets/

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JPMorgan is giving institutional clients more control over payments via JPM Coin — marking the company’s latest blockchain-related milestone. 

Its new programmable payments offering is a feature for blockchain-based accounts on the JPM Coin System, a permissioned payment rail and deposit account ledger letting clients transfer dollars within the system. 

Programmability lets clients place rules for funding a bank account, for example — or set parameters for executing payments based on margin calls, asset delivery or meeting contract requirements.

“Blockchain technology is the ideal infrastructure to which programmable payments can be applied as it enables rules and bank accounts to be integrated in a native manner, enabling cases including dynamic direct debits and multi-party escrow accounts,” a spokesperson told Blockworks in an email. 

JPMorgan’s Onyx Digital Assets network — launched in 2020 — enables the tokenization of traditional assets, such as US Treasurys and money-market products. 

https://www.blockworks.co/news/jpmorgan-blockchain-payments

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Russia warns that the United States might soon run out of paper for printing dollars needed to service its debt.

The Central Bank of Russia is actively engaging in large-scale buy-and-sell operations in the foreign exchange market.

These operations involve selling tenders worth 0.8 billion Rubles ($8.7 million) and using resources from the National Wealth Fund.

https://www.cryptopolitan.com/russia-us-running-out-of-paper-for-dollar/

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We are entering a new era of value creation for banks.

The new digital economy is creating tokenized payments that will encroach upon the printing of paper money.

These adjustments in volume along with supplying new volumes for countries overseas printing their money in their own local currencies and digital tokens are creating shifts in the values of the banking system as we speak.

You could say that the whole Global Nation is in the midst of adjusting new settings or mechanisms to execute new volumes and new currency valuations.

Setting a price on each of these changes will be determined by the new values placed on our tokenized assets such as gold, silver, and other commodities as we shift from a stock-driven to a commodity-driven Market.

Look for the price of gold to begin moving to higher levels to engage these new prices and offer liquidity for them to be priced in real value.

© Goldilocks
TheBanker Link

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Exchange companies under categories ( A , B ) are kindly requested to contact the contact points below for the purpose of obtaining the main agency for your companies.
 
1. Western Union
Dina.mehanna@westernunion.com
 
2. Money Gram
Bahar D. Sahajwalla Tell: 202-3656763
Email: bsahajwalla@moneygram.com
 
3. Union pay
Haider Ali Raza Tell: 971 507 581469
Email: haideraza@unionpayinti.com
 
We hope that you will inform us of your procedures, what has been achieved, and our readiness to provide support in the advanced stages of submitting applications.

https://cbi.iq/news/view/2466

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

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.

This is the new technology that will bring forth the Iraqi dinar on the international stage allowing them to trade in their own local currency going forward.

© Goldilocks

Banque-France Link

https://www.npci.org.in/what-we-do/upi/product-overview

https://cbi.iq/news/view/2424

https://www.ledgerinsights.com/india-to-launch-wholesale-cbdc-in-january-2024-report/

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As Banking Goes Digital, Finance Apps Are Still Too Risky   HindustanTimes Link

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Web3 coins, also known as decentralized cryptocurrencies, are a subset of digital currencies that operate on the Web3 infrastructure. Unlike traditional cryptocurrencies like Bitcoin and Ethereum, Web3 coins are built on decentralized networks, allowing for greater transparency, security, and control.

Web3 refers to the third generation of internet technology, characterized by the integration of blockchain, smart contracts, and decentralized applications (dApps). These coins leverage these advanced technologies to provide users with enhanced functionalities and improved user experiences.

https://techbullion.com/the-rise-of-web3-coins-understanding-the-basics/

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BoE promises new ‘rulebook’ for clearing houses and CSDs 

Central Banking Link

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Iraq's oil ministry said in a statement on Friday that Baghdad is committed to the OPEC+ agreement on determining production levels, two weeks ahead of a key meeting of the producer group.

https://www.nasdaq.com/articles/iraq-committed-to-opec-pact-on-output-levels-oil-ministry

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XRP Championed by Blockchain Expert as Future of Cross-Border Payments  

CryptoGlobe Link

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The Guaranteed Income Pilot Program Act of 2023

https://www.instagram.com/reel/CzghRHXOUVA/?igshid=MW12NzdzMmQ4N2NqeA==

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

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

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JUST IN: $1,590,000,000 worth of Bitcoin & Ethereum options expire today.

@WatcherGuru

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

 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.

This proposal is already on the table and awaiting final comments on January the 17th, 2024. It will allow the final phase and the implementation of this new proposal to move forward. This comes just one day behind the January 16th deadline of 2024 to move forward with Basel III Capital requirements after it's comment period.

SOFR has made these changes possible going forward. It was the first step in reforming our Global Banking and Market Systems in our new soon-to-be gold standard economy. On July 1st, 2023, the banking system around the world made changes to utilize a gold based lending service that now makes liquidity possible through gold.

© Goldilocks

https://www.natlawreview.com/article/cftcs-proposal-investment-customer-funds

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Yicai) Nov. 9 -- "The newest version of the Cross-border Interbank Payment System(CIPS), which offers clearing and settlement services in Chinese yuan, is on display at the China International Import Expo in Shanghai."

China is expanding the use of its CIPS payment system that will utilize the Chinese Yuan. More countries are getting on board to utilize this payment system.

A total of 42 new overseas recipients have joined this new payment system as of late.

© Goldilocks

https://www.yicaiglobal.com/news/latest-chinese-yuan-interbank-payment-system-goes-on-display-at-ciie

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BREAKING: BlackRock Allegedly Plans to Apply for Ethereum Spot ETF - Bitcoin Sistemi
https://en.bitcoinsistemi.com/breaking-blackrock-allegedly-plans-to-apply-for-ethereum-spot-etf/

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Binance Launches Binance Web3 Wallet within the Binance App for iOS and Android
https://www.gizmotimes.com/apps/ios-app-store/binance-web3-wallet-for-ios-and-android/46804

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The world is changing.

In the early parts, many just shake their heads and laugh, but then, one day, you wake up, and the change is visible.

In a monetary reset…

The change is more felt instead of seen.

That is what makes it so unique.

Read: https://x.com/goldtelegraph_/status/1722886158861082756?s=46

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

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:

Expand Access – Make our unique collections, experts, and services available when, where, and how our users need them.

Enhance Services – Create valuable experiences for every user to forge lifelong connections to the Library.

Strengthen Capacity – Support our staff and strengthen our operations.

Foster Innovation – Explore new approaches and emerging technologies to address challenges and spark creativity."

© THE SIGNAL: Digital Happenings at the Library of Congress

https://blogs.loc.gov/thesignal/2023/11/strategic-plan-2-0/?loclr=eadpb

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"USDC issuer Circle eyes early 2024 IPO amid growing stablecoin adoption"

Although nothing is official and in writing at this point, an introductory private offering of the USDC coin would make trade relationships more solid going into next year with the new digital economy.

Many countries are already refusing to take the dollar in trade, and this new digital dollar would keep us in line with the changing tides.

© Goldilocks   Kitco Link

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Bitcoin has just reached $37,000. It would make a lot of sense for the US to move into a digital dollar along with being the number one holder of Bitcoin at this time. The timing of this move together would be impeccable.

© Goldilocks

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OCC TO LEAN ON BANKS REGARDING TCPA COMPLIANCE!: Primary Regulator Changes TCPA Examination Criteria for Major Banks And the Czar is About to be Even Busier   TCPAWorld Link

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The Depository Trust & Clearing Corporation ("DTCC") just launched OTC direct connect.

Over-the-counter securities (OTC) are securities that are not listed on a National Exchange making it possible for these underlying securities to be accessed and traded such as new foreign currency markets.

This move will allow more transparent data to flow between investor and trader going forward along with smart contracts securing the trade inside a new digital economy.

© Goldilocks

https://www.dtcc.com/news/2023/november/08/dtcc-launches-otc-direct-connect

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I am aware that many headlines are written to grab people's attention. This is the purpose of a doom and gloom title for articles. Yes, we have been preparing for this transition for a long time. This is why capital requirements are being lifted to secure the transitional period for us.

The world is not coming to an end. It is at the beginning stages of a rebirth. If you have been following this page, you will realize that our financial institutions have been simply finding new parameters in order to exist in a new world.

Some stocks will fall while others will rise during this time. I just simply pray that you were on the right side of history at this point because it is coming.

"All roads lead to gold and gold will set us free."

© Goldilocks

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"The number of Americans who feel gold is the best long-term investment nearly doubled from 2022 to 2023; more than a quarter (26%) now rank it above investment options such as stocks and bonds, according to a Gallup poll released earlier this year."

https://www.gainesvillecoins.com/blog/gainesville-coins-explains-precious-metal-based-investing-growing-interest

👆 Goldilocks pointed at this article 

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US finds no major trade partners manipulated currencies     Reuters Link

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Whether your company is a new fintech or a traditional financial institution with deep roots, you should be taking notice of the Consumer Financial Protection Bureau (CFPB) October 27, 2022 announcement concerning Section 1033 of the Dodd-Frank Act.[1] 

Among other things, Section 1033 mandates that financial services companies provide consumers with access to the data they generate, such as payment histories and transaction records, in a usable electronic format. It further provides that the right to access be "subject to rules prescribed by the Bureau."      https://www.jdsupra.com/legalnews/cfpb-provides-an-update-on-its-long-6465613/

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This is the endgame...  The Economic Ninja
https://www.youtube.com/watch?v=FKT4WOFTjE4

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The Central Bank allows Iraqi banks to import foreign currency and requires them to meet 5 conditions (document)    Search4Dinar Link

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

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

Good Evening Dinar Recaps,

Dodd-Frank Update:
We have a lot of people utilizing digital apps these days that may not be covered under the FDIC protection mechanisms.   There is an ongoing movement to educate people in this area of their money holdings.   We have seen FTX and other cryptos fail this year without protections for their customers, and it is important to only invest what you can afford to lose in any of them.

As these systems become more integrated in the years to come, it is important to just simply be careful.

© Goldilocks
Dodd-Frank update Link

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How to Migrate to ISO 20022   ACI Worldwide Link

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Ripple To Partner With Georgia’s Central Bank in the Eurasian Country’s CBDC Pilot The Daily Hodl Link

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Supply Chain Resiliency Can Be Boosted with Production Production and Digital Maturity

Material Handling and Logistics Link

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Defaults of high-yield corporate bonds are accelerating and could bring a $46 billion wave of distressed debt in 2024, Bank of America says   BusinessInsider Link

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Metals Focus predicts a boost in precious metals demand due to advanced AI chips and electronic components.

Silver is expected to be most affected, being a key element in electronics and facing supply constraints with rising green energy needs.

Industrial demand for gold has dropped this year, but the overall tech sector uptake of precious metals is forecasted to rebound next year due to AI developments.

https://oilprice.com/Metals/Gold/AI-Surge-To-Fuel-Precious-Metals-Demand-In-2024.html

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PBoC in a Hurry to Buy Gold: Covertly Bought 593t of Gold YTD

https://www.gainesvillecoins.com/blog/pboc-in-hurry-to-buy-gold-covertly

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FCA and Bank of England publish proposals for regulating stablecoins   Bank of England Link

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MORE RUNS ON BANKS... EXPECT PRICE ACTION DISTORTIONS TO WORSEN, FASTER. 

Mannarino Link

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BRICS: Russia Dumps Currencies Worth $8.7 Million in Yuan & Ruble Set - BRICS continues to DUMP the dollar🔥

BRICS member Russia is aggressively buying and selling currencies in the foreign exchange markets. The Central Bank of Russia initiated large amounts of ‘buy’ and ‘sell’ of currencies in the domestic market on Tuesday. The regulator is exchanging currencies in the Moscow Exchange section and sold tenders worth 0.8 billion Rubles. The first settlement was initiated on November 2, 2023, continuing over Monday and Tuesday of this week.

It was reported on the 9th of October BRICS dumped a total of $123 billion in U.S. treasuries in 2023.

https://watcher.guru/news/brics-russia-dumps-currencies-worth-8-7-million-yuan-ruble

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CFPB Proposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps 

Consumer Financial Protection Bureau Link

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Blockchain Revolution: A Race for Banking's Survival
https://www.financemagnates.com/cryptocurrency/blockchain-revolution-a-race-for-bankings-survival/

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Keough School expert to play key role in COP28 climate talks on food systems 

Notre Dame News Link

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Fedwire Will Get Boost From ISO 20022 and Data-Rich Messaging

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"Agencies Extend Comment Period on Proposed Rules to Strengthen Large Bank Capital Requirements"

The Office of The Comptroller of The Currency is informing us that they will begin the final phase of Basel 3 requirement implementations on January 16, 2024. 

This is the point to which the banking system will have enough capital requirements to synchronize their support of the banks and markets going forward.

Unless they extend this date, Basel 3 requirements will be on center stage.

© Goldilocks

https://www.occ.gov/news-issuances/news-releases/2023/nr-ia-2023-116.html

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Hello tomorrow I have a very very important cc to see where are we , as soon as I finish I will post , blessing   © Isaac

Isaac's room link   https://t.me/joinchat/Tc5mohvokA3F-CnM

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The Bank of Russia will be creating a digital ruble payment system with the United Arab Emirates.

This is a major development. Here comes CBDCs.   Read: https://x.com/goldtelegraph_/status/1722344359428075625?s=46

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

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. OilPrice Link

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There are still plenty of Copper Pennies for YOU

https://youtu.be/Q8orFTsGUJo?feature=shared

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BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
https://watcher.guru/news/brics-what-happens-if-saudi-arabia-ditch-us-dollar-oil

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JUST IN: HSBC, one of the largest banks in the world, to launch a digital-assets custody service for institutional clients.   @WatcherGuru

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Record Number of Supertankers Heads to the Gulf to Export US Oil – MishTalk
https://mishtalk.com/economics/record-number-of-supertankers-heads-to-the-gulf-to-export-us-oil/

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The CFTC just released its results on holding the new economy into account and alignment with traditional mechanisms already in place to secure a safe and efficient digital economic system.

As we transition into a digital economy, it has been important that all of these new digital applications register and follow regulatory guidelines. This article gives you an idea of some of the changes and recommendations that have taken place in 2023. It has been a year of transition.

In 2024, we are going to see the new digital economy come into play. Various sectors of the market will move forward faster than others depending on how much they have integrated themselves into the new digital asset-based trading system.

Some countries will be further along than others. Either way, it is time to begin implementing tokenized assets on the market that will guide us forward.

These new tokenized assets will have real values based on Commodities supporting them and standard protocols. This is why the new economy is called the digital asset-based trading system to cover all titles of what is involved in bringing it about.

© Goldilocks https://www.cftc.gov/PressRoom/PressReleases/8822-23

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

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.
 
Central Bank of Iraq   Information Office   https://cbi.iq/news/view/2463

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BREAKING NEWS

CHINA ADDED TO ITS GOLD HOLDINGS FOR THE 12TH STRAIGHT MONTH IN OCTOBER

THE CENTRAL BANK ADDED ABOUT 23 TONS

China has gold fever.

Read: https://x.com/goldtelegraph_/status/1721817507349364886?s=46

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"Inter-Agency Working Group Releases New Report on Treasury Market Resilience Efforts"

Several mechanisms have just recently been changed to support the markets going into 2024 that allow the flow of money to move with more efficiency and profitability.

* Implement a Treasury buyback program

* More transparency on the secondary Market

* More information in the repo Market

* More clarity in reporting requirements

* Expand cross-margining efforts between central counterparties that clear cash and derivative transactions related to Treasury securities

Basically, we are witnessing restrictions made on to the Old Market being released to New Market modalities such as the use of local currencies around the world used as collateral.

More flexibility in BuyBacks giving investors quicker returns on their profit margins. 

And more...

The new digital trading economy is allowing these changes to take place to even the playing field for Professional and Retail investors.

© Goldilocks

https://www.cftc.gov/PressRoom/PressReleases/8820-23

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Following the launch of BRICSPAY, the BRICS system has been exploring the expansion of the Digital Yuan.

Currently, the movement towards leveling the playing field between the East and the West through the digital Yuan is underway.

Below, you will find a legislative bill link regarding proposed legislative changes to the world's reserved status.

© Goldilocks

https://watcher.guru/news/brics-china-exploring-cross-border-use-of-digital-yuan

https://www.congress.gov/bill/118th-congress/house-bill/556

CoinDesk Link

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READOUT: Financial Stability Oversight Council Meeting on November 3, 2023

U.S. Department of the Treasury Link

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BRICS nations see massive surge in global transactions
https://www.cryptopolitan.com/brics-massive-surge-in-global-transactions/

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(Bloomberg) -- "Oil edged up after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year."

Saudi Arabia and Russia have recommitted themselves to extending oil supply curbs until the end of the year.

This will hold the price of oil to a higher level and not allow it to depreciate in the coming months as consumer spending wanes.

© Goldilocks

https://finance.yahoo.com/news/oil-edges-higher-saudis-russian-234810693.html

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BRICS Trade Surges Ahead Of Enlargement: Report    Iran Front Page Link

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HOTTEL: World's First Fully Tokenized Asset-Backed Investment Coin Successfully Launched
https://comtex.com/?p=442893944

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House-passed bill includes Boebert measures blocking BLM oil, gas reforms, local leasing plans 

GJSentinel Link

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UPDATE from Goldilocks:

The Oil Market is still in economic reforms.

Gold is being added as an economic form of payment on electronic platforms.

We still have electronic currency reforms in development.

And,  Banks are adjusting their Capital requirements to synchronize transactions between them and the markets.

We have never seen this much activity at the same time.

We are clearly inside a Global Currency Reset.

We are clearly still in process, but the final phases of these changes are within sight.

© Goldilocks

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BREAKING NEWS

CHINA WILL TIGHTEN RARE EARTH EXPORT CONTROLS, REQUIRING EXPORTERS TO REPORT RARE-EARTH TYPES AND THEIR EXPORT DESTINATIONS

Commodities…   Read: https://x.com/goldtelegraph_/status/1721936408691261668?s=46

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"They Are Doing It Right In Front Of You!" Don't Miss Out! It's Happening! (Breaking Crypto News!)

https://youtu.be/V1gqr2zW100?feature=shared

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SHOCKING Reveal! The Rise of AI in Modern Warfare 🚀

https://youtube.com/shorts/9okUewjzm9w?feature=shared

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

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.

The Bank for International Settlements is a foreign exchange company that is a bank for banks. It is owned by Central Banks and will ensure transactions will be made in our exchanges.

© Goldilocks
CoinGeek Link
https://www.bloomberg.com/profile/company/BIZ:SW#xj4y7vzkg
https://www.bis.org/

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Central Banks Successfully Test Cross-Border Trading of Wholesale CBDC Using DeFi

“Project Mariana pioneers the use of novel technology for interbank foreign exchange markets. It successfully demonstrated that it is feasible to exchange wholesale CBDC across borders using novel concepts such as automated market makers (AMM),” said Cecilia Skingsley, Head of the BIS Innovation Hub.    CoinDesk Link

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BIS Banking Announcement:

"The Committee on Payments and Market Infrastructures (CPMI) is an international standard setter that promotes, monitors and makes recommendations."

After careful study, the CPMI says that stablecoins would not have a positive impact on cross-border payments.

Even if stablecoins were properly designed and regulated, the BIS does not believe they are a proper use coin for cross-border payments.

This does not mean that in-country use is without merit. It just looks like the BIS is looking at other means for foreign currency trades.

© Goldilocks

https://www.bis.org/cpmi/publ/d220.htm

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ZETRIX LAUNCHES CROSS-BORDER SUPPLY CHAIN FINANCING PILOT WITH BANK OF CHINA AND DIXCHAIN    PR Newswire Link

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Introducing Liquid Protocol: The First ERC20 Liquidity Provider Compatible with UNISWAP V2

Finance Yahoo Link

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BRICS nears agreement on joint currency, awaits China and India’s endorsement, says ex-Russian minister    CryptoPolitan Link

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“The authorities continue to advance on important reforms, albeit with delays. Capacity-building efforts have focused on strengthening tax administration and improving revenue mobilization; enhancing public financial management; improving foreign exchange operations; strengthening financial supervision and oversight; and improving statistical reporting on government finances, public debt, and national accounts. These efforts were supported by technical assistance from the IMF, the World Bank and other development partners.    IMF Link

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JUST IN: 🇬🇧 Bank of England proposes allowing stablecoins as a payment option for goods and services.    @WatcherGuru

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BREAKING NEWS

BILL GATES-BACKED MINING STARTUP WANTS TO EXPAND INTO CONGO

Congo is the world's largest producer of cobalt and one of the largest producers of copper.

Everyone is hunting for metals now.

Read: https://x.com/goldtelegraph_/status/1721610460368363924?s=46

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

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.

Feel free to read the links below to gather more information on this process currently taking place.

© Goldilocks

https://dashboard.stellar.org/

FSB Link
http://toi.in/Ba8Mla

https://www.marketsmedia.com/hsbc-tokenises-ownership-of-physical-gold/

https://www.reuters.com/markets/asia/china-strengthens-capital-management-rules-banks-2023-11-01/

https://crypto.news/sfc-aims-to-offer-clarity-and-investor-protection-in-tokenized-securities-activities/

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Strikes Will Become The Trend!!! America's Dollar TO END..

https://youtu.be/xu-pfl3ZU-M?feature=shared

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Foreign Bond Investors Are 'Extremely Concerned' About US Deficits
MarketsBusinessInsider Link

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US Banking Crisis: Citizens Bank closed, FDIC appointed as receiver - Investing Abroad News

The Financial Express

👆Goldilocks pointed to this article!

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Nobody is talking about it but there is a MASSIVE GLOBAL ANNOUNCEMENT coming very soon that will shine a magnificent spotlight on the #1 most important commodity on planet Earth....SILVER!!
 
Here's my behind the scenes take on what this announcement is about to do...
 
SPECIAL PRIVATE ROAD REPORT - The Silver Announcement That Will SHOCK THE WORLD! (Bix Weir)
https://www.roadtoroota.com/members/main.cfm 

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The new Bretton Woods: How India's G20 Presidency Accelerated Talks on Multilateral Development Bank Reforms

The New Delhi Declaration of the G20 reiterated the commitment to reform multilateral development banks. finance ministers have taken this forward at Marrakesh but changes won't occur overnight
BusinessToday Link
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Multiple deposit delays across US banks linked to ACH system error  CryptoSlate Link

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Mastercard partners with Live Nation
https://www.electronicpaymentsinternational.com/news/mastercard-partners-with-live-nation/

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Federal Reserve, Clearing House Say Bank Payment Issues Resolved – Bloomberg  Bloomberg Link

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G20 Accepts IMF-FSB's Synthesis Report on Roadmap to Crypto Regulations  ZyCrypto Link

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A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch. In an interview with TV BRICS, Sergey Glazyev says that the currency itself is almost complete, but it still needs support from all leaders of the economic alliance. 

"And in order to launch such a currency, Russia, as the presiding country next year, could convene an international conference to sign an agreement on the introduction of such a new international settlement currency."
https://article.wn.com/view/2023/11/04/brics_currency_8216almost_ready_8217_will_be_much_more_attra/

👆Goldilocks pointed to this article!

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South Korea will ban short-selling shares until June to ensure a "level playing field."

Absolutely wild.

Financial markets are being manipulated all over the world right now.

You know what actually needs a level playing field?

The international monetary system.

Gold.

Read: https://x.com/goldtelegraph_/status/1721241563412770922?s=46

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Thank you Dinar Recaps   --  www.DinarRecaps.com