Goldilocks' Comments and Global Economic News Friday Evening 12-1-23
Goldilocks' Comments and Global Economic News Friday Evening 12-1-23
Good Evening Dinar Recaps,
"The Ministry of Finance hosted the board of directors meeting of the BRICS' New Development Bank (NDB) in Dubai, from 27 to 28 November 2023, in line with the UAE's strategy to enhance coordination with regional and international developmental organizations. This meeting marks the first board meeting of the New Development Bank to be held in the UAE and the MENA region."
The New Development Bank is a major player for the BRICS system. It constitutes a major development inside the BRICS Financial system in bridging their markets to a Bank for banks designed to provide liquidity for financial systems.
Goldilocks' Comments and Global Economic News Friday Evening 12-1-23
Good Evening Dinar Recaps,
"The Ministry of Finance hosted the board of directors meeting of the BRICS' New Development Bank (NDB) in Dubai, from 27 to 28 November 2023, in line with the UAE's strategy to enhance coordination with regional and international developmental organizations. This meeting marks the first board meeting of the New Development Bank to be held in the UAE and the MENA region."
The New Development Bank is a major player for the BRICS system. It constitutes a major development inside the BRICS Financial system in bridging their markets to a Bank for banks designed to provide liquidity for financial systems.
The very fact that they have just recently had their first Board Meeting tells us that their plan to move forward with the BRICS Nations are currently in motion.
A Board Meeting such as this is a meeting to set policies and strategies between Banks of different countries.
© Goldilocks
https://menafn.com/1107499523/Ministry-Of-Finance-Hosts-New-Development-Bank-Board-Of-Directors-Meeting
https://en.m.wikipedia.org/wiki/New_Development_Bank
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"Oil Prices Retreat As OPEC+ Cuts Another 684KBPD, Brazil Joins OPEC+"
Brazil joins OPEC Plus today, and we are finding out that 684,000 barrels per day will also be cut.
This has a profound effect on the economy as it slows transportation down and begins to affect goods and services moving across the country.
This, in turn, effects local economies. There are usually several difficult decisions that are made during times like this for employers having to lay off employees.
The S&P 500 takes a hit along with other sectors of the market to bring assets into real values.
Currently, we are in process of tokenizing our assets on the new digital economy. These tokenized assets have been going through legislative processes for the last 2 years creating standardized protocols.
These tokenized assets are backed by the Commodities sector of our markets. Gold and silver tend to do well during recessionary times, and their ability to support our new tokenized asset Market will usher in new prices across all sectors of the market.
This includes the tokenized assets inside the Forex Market. Look for new price pressures to form in the foreign exchange markets as new local currencies around the world replace the dollar creating new price patterns in trade.
© Goldilocks
OilPrice Link
WashingtonPost Link
https://haletrailer.com/blog/what-is-a-freight-recession/
Investopedia Link
Bloomberg Link
HemmingJewelers Link
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Iraqi Financial Announcement:
As part of financial and economic reforms, the Iraqi Cabinet has endorsed recommendations to conduct all state contracts within Iraq in Iraqi dinars.
There will be exceptions for ongoing external grants, loans, and agreements, and new contracts involving foreign grants, loans, and agreements may adhere to agreed-upon foreign currency terms, as specified in the Ministry of Finance's April 27, 2023 circular.
Additionally, beneficiaries can open documentary credits for importing project materials and transfer foreign currency for salaries, wages, and company dues, subject to Central Bank of Iraq (CBI) controls.
(Source: Media Office of the Prime Minister)
https://www.iraq-businessnews.com/2023/11/30/iraqi-cabinet-pushes-for-state-contracts-in-dinars/
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JUST IN: 🇺🇸 US Judge threatens to sanction SEC lawyers for convincing a court to freeze a crypto firms assets under false & misleading claims.
@WatcherGuru
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PRNewswire/ -- Alchemy Pay joins the Stellar ecosystem as a new on and off-ramp provider. It is now possible for companies building on the Stellar network to access Alchemy Pay's on and off-ramps for convenient fiat-crypto purchases of XLM and USDC. This integration brings the opportunity for developers and dApps within the Stellar ecosystem to seamlessly integrate the Alchemy Pay Ramp through accessible plugins and APIs and to incorporate cost-effective fiat-crypto transition services into their platforms, which are now featured in the Stellar Anchor Directory.
https://youtu.be/WzeqDph6-iQ?feature=shared
👆 Goldilocks pointed to this article
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🚨RIPPLE XRP & STELLAR XLM🚨SET TO RULE THE WORLD🚨FULL BREAKDOWN OF BOTH
https://youtu.be/jGx3db9D9iA?feature=shared
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JUST IN: SEC Spot Bitcoin ETF potential approval window is between January 5th - 10th, 2024.
@WatcherGuru
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Supreme Court seems poised to limit power of SEC | CNN Politics
CNN Link
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Goldilocks' Comments and Global Economic News Thursday Evening 11-30-23
Goldilocks' Comments and Global Economic News Thursday Evening 11-30-23
Good Evening Dinar Recaps,
The US dollar is no longer the top currency being sold on Forex. Several currencies are beginning to outpace the dollar in terms of their demand. This will begin to create price pressures on their values over time.
We are in a building-up phase for currencies. Creating demand for their use will go a long way in determining a price for their goods and services around the world. As we continue to tokenize assets on the market, the ability to synchronize real values to our currencies will come as we interface these values going forward.
© Goldilocks
Goldilocks' Comments and Global Economic News Thursday Evening 11-30-23
Good Evening Dinar Recaps,
The US dollar is no longer the top currency being sold on Forex. Several currencies are beginning to outpace the dollar in terms of their demand. This will begin to create price pressures on their values over time.
We are in a building-up phase for currencies. Creating demand for their use will go a long way in determining a price for their goods and services around the world. As we continue to tokenize assets on the market, the ability to synchronize real values to our currencies will come as we interface these values going forward.
© Goldilocks
https://watcher.guru/news/brics-u-s-dollar-dips-against-local-currencies
Stellar Link
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SIX DIGITAL EXCHANGE AND DLT FINANCE JOIN FORCES TO ENHANCE CRYPTO TRADING
SIX Digital Exchange and DLT Finance have announced a strategic partnership to enhance crypto trading, with SDX providing custodian and staking services and DLT Finance focusing on brokerage and trading through its subsidiary.
This collaboration aims to create an end-to-end solution for regulated crypto trading, brokerage, and custody services, targeting institutional clients and fostering a more secure, regulated European ecosystem for cryptocurrencies and digital securities.
https://www.cryptopolitan.com/six-digital-dlt-finance-join-crypto-trading/
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Nobody wants U.S. Treasury bonds
https://www.semafor.com/article/11/28/2023/nobody-wants-us-treasury-bonds
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Just a reminder:
You never have and you never will see me ask for money in providing you information on this site or from me.
There are way too many people hurting right now for money, and it is my position that we are in this together as a family and should be treated accordingly.
© Goldilocks
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Nasdaq has launched a service digitising the issuance, settlement and custody of carbon credits.
Designed for market infrastructures, registry platforms and other service providers globally, the service aims to support the development and institutionalisation of global carbon markets.
Market operators and registries will be able to create standardised digital credits through the service and distribute these with full auditability through the transaction lifecycle.
AssetServicingTimes Link
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ALERT! Massive Solar Silver USE CONFIRMED! 928M/oz by 2027! Here Comes $600/oz SILVER!! (Bix Weir) https://youtu.be/hXAUPcR44e8?feature=shared
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JUST IN: 🇦🇷 Argentina declines invitation to join BRICS. @WatcherGuru
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Pending home sales in October dropped to the lowest level since the National Association of Realtors began tracking them in 2001.
Mortgage rates in October rose sharply, with the average on the 30-year fixed loan briefly soaring over 8%. Rates have since pulled back but are still above 7%, and supply is still tight.
https://www.cnbc.com/2023/11/30/pending-home-sales-drop-to-record-low.html
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Bob Kudla – What We Are Witnessing Is The End Of The [CB], Watch What Happens Next
https://x22report.com/aiovg_videos/bob-kudla-what-we-are-witnessing-is-the-end-of-the-cb-watch-what-happens-next/
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Goldilocks' Comments and Global Economic News Thursday AM 11-30-23
Goldilocks' Comments and Global Economic News Thursday AM 11-30-23
Good morning Dinar Recaps,
Early 2024, the BRICS leaders are considering what form of "unified payment system" they want for their countries who belong to this alliance.
It will allow them the ability to trade in local currencies instead of the dollar creating more demand for their own national currencies and increasing their values.
This alternative payment system will begin in the form of recommendations allowing them to move forward with their new monetary system.
Goldilocks' Comments and Global Economic News Thursday AM 11-30-23
Good morning Dinar Recaps,
Early 2024, the BRICS leaders are considering what form of "unified payment system" they want for their countries who belong to this alliance.
It will allow them the ability to trade in local currencies instead of the dollar creating more demand for their own national currencies and increasing their values.
This alternative payment system will begin in the form of recommendations allowing them to move forward with their new monetary system.
"The Minister stressed that national currencies are already actively replacing the dollar in the calculations of the Russian Federation with China and India."
In other words, China, Russia, and India are already forming new prices in local currencies with a select group of countries increasing the demand for them and their values in the process.
As these countries solidify trading partnerships, higher values will be supported through free trade agreements among themselves and new countries coming on board.
© Goldilocks
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Crypto custody firm Copper (https://www.theblock.co/post/176752/crypto-custodial-firm-copper-raises-196-million-in-series-c-round) on Wednesday launched a new digital assets brokerage platform for institutional trading in the United Arab Emirates (https://www.theblock.co/post/232662/uae-central-bank-issues-aml-cft-guidance-for-crypto).
Called Copper Securities, the platform combines a suite of blockchain-based financial and custodial services, with securities financing and payments applications to follow in the next 12 months. According to a press release, the new platform will be integrated with Copper's custodial partners, providing access to financial instruments in over 90 markets across the globe.
The new platform offers institutional investors access to tokenized securities, allowing traders to leverage blockchain (https://www.theblock.co/post/265130/sei-blockchain-to-add-ethereum-virtual-machine-support-in-v2-upgrade) technology and smart contracts to manage traditional instruments such as equities.
https://www.theblock.co/post/265190/crypto-custody-firm-copper-launches-institutional-trading-platform-for-tokenized-securities
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Protocol 20 implements 12 new Core Advancement Proposals that, combined, introduce the changes required to enable Soroban smart contracts on Stellar Mainnet. With this upgrade around the corner, there’s a lot to unpack! Dive into the overview below Stellar Link Twitter Link
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US dollar continues to lose investors
The US dollar continued its losing streak while Treasuries steadied after rallying on further bets that the US Federal Reserve is nearing the end of its rate hike cycle.
Hopes that interest rates have peaked and the economy will avoid a recession spurred stocks and government bonds this month.
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You are on Santa's naughty list...
https://youtu.be/6ohvLmbBA-w?feature=shared
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Goldilocks' Comments and Global Economic News Wednesday Evening 11-29-23
Goldilocks' Comments and Global Economic News Wednesday Evening 11-29-23
Good evening Dinar Recaps,
Are you noticing all of the collaboration taking place between Quantum Technologies in the articles this morning?
Many of the major corporations around the world have already begun the process of interfacing their networks together on the QFS. As Protocol 20 continues to test its system with these new technologies connecting to one another, we will witness an explosion of new services available to us on January 30th, 2024 providing the vote to move forward with Protocol 20 is agreed upon.
© Goldilocks
Goldilocks' Comments and Global Economic News Wednesday Evening 11-29-23
Good evening Dinar Recaps,
Are you noticing all of the collaboration taking place between Quantum Technologies in the articles this morning?
Many of the major corporations around the world have already begun the process of interfacing their networks together on the QFS. As Protocol 20 continues to test its system with these new technologies connecting to one another, we will witness an explosion of new services available to us on January 30th, 2024 providing the vote to move forward with Protocol 20 is agreed upon.
© Goldilocks
Testnet Announcement and Scheduled Maintenance:
Test Network (Testnet) Reset on Monday, December 18th 2023, at 5:00pm UTC (11:00am local time)
A reset of the Stellar Test Network (Testnet) will clear all data from Testnet Horizon and Stellar Core instances. Please be prepared to recreate any Testnet data you need, including accounts, assets, offers, and liquidity pools. See testnet best practices for more information. https://dashboard.stellar.org/
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The Securities, Commodities, and Derivatives Exchange (SECDEX) has been selected by the Seychelles Government to showcase in the Blue Zone at COP28 UAE (30 November - 12 December).
Seychelles-based SECDEX is a regulated financial market infrastructure firm focusing on securities, debt, spot commodities and derivatives contracts in traditional and digital tokenised forms.
In collaboration with sustainability firm Island Carbon Consult, SECDEX will host an event in the Seychelles Pavilion on 4 December. AssetServicingTimes Link
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Black Friday for US retailers did not go well
For the retailers and brands that count on Black Friday the most, the day was a dud.
Not a good sign for these chains and for the US economy, which needs consumers to keep increasing their spending to avoid a recession. It also raises the risk that the rest of the holiday shopping season will disappoint, forcing retailers to offer more discounts to make up for lost sales.
According to a Bloomberg Second Measure analysis of transaction data, the median decline in Black Friday sales was 4% for a group of 40 companies that derive a higher percentage of their sales for the year from holiday shopping than their peers.
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Tokenbridge launches services suite
Token aggregator and distribution platform Tokenbridge has launched a suite of services for fund managers, financial advisors and their clients.
Through its token distribution system, Tokenbridge aims to refine operational processes, reducing friction, inefficiencies and risk.
A fully integrated CBDC or Stablecoin cash management solution is available through the platform.
AssetServicingTimes Link
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A joint project by central banks has shown that it's possible to maintain privacy when making payments with national digital currencies.
Project Tourbillon, by the Bank for International Settlements (BIS) Innovation Hub in Switzerland explores payer anonymity with central bank digital currencies (CBDC). A final report on the project published Wednesday shows the central banks looked at payment options where users don't need to disclose personal information to anyone, including the merchant. However, the merchant's identity would be disclosed to their bank when the payment occurs to help reduce tax evasion or illicit payments.
As jurisdictions around the world consider issuing digital versions of sovereign currencies, privacy has emerged as a chief public concern.
https://www.coindesk.com/policy/2023/11/29/central-bank-project-shows-cbdc-payments-can-be-private/
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Bank Announcement:
Bill Comes Due for Large Bank Failures as FDIC Adopts Special Assessment for IDIs With Assets in Excess of $5 Billion
The Federal Deposit Insurance Corporation (the “FDIC”) has issued a final rule that imposes a special assessment on insured depository institutions (“IDIs”) to recover losses realized by the Deposit Insurance Fund (the “DIF”) when Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”) were closed by the regulators earlier this year.
The special assessment is mandated under the Federal Deposit Insurance Act as a means to recover losses to the DIF when the FDIC exercises its systemic risk authority to provide full deposit protection for otherwise uninsured depositors of a failed bank as was the case with the failures of SVB and Signature.
The statute provides the FDIC with broad authority to determine the design and timeframe for the special assessment and to consider a variety of factors including economic conditions and possible effects on the industry. The special assessment is in addition to the regular assessments that IDIs make to secure deposit insurance for their customers.
https://www.jdsupra.com/legalnews/bill-comes-due-for-large-bank-failures-4130486/
BUCKLE UP: Silver & Gold Are Now In Blastoff Mode Along With The Mining Stocks!
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Project Tourbillon: exploring privacy, security and scalability for CBDCs
https://www.bis.org/publ/othp80.htm
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Standard Chartered becomes the first foreign bank to join China's CBDC pilot testing
Forbes India Link
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BlackRock and JPMorgan have acquired more than 7.5 million XRP, coinciding with the upcoming listing TheCryptoAlert Link
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Commercial mortgage delinquencies jump at banks National Mortgage News
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The end of this month marks the first anniversary of the release of the Canadian Indo-Pacific Strategy (CIPS).
It represents a once-in-a-generation strategic shift in Canada’s foreign policy to preserve a rules-based order with like-minded countries like Japan, the U.S., South Korea and political entities such as Taiwan.
Japan and Canada's other friends have a deep interest in CIPS being successfully implemented to contribute to peace and stability in the Indo-Pacific region. They see Canada as a supplier of energy and critical minerals, a diplomatic convener, a country committed to the rule-of-law globally and one that eschews the Machiavellian, might-is-right approach to international affairs.
https://www.japantimes.co.jp/commentary/2023/11/28/japan/canada-indo-pacific-strategy/
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Goldilocks' Comments and Global Economic News Wednesday AM 11-28-23
Goldilocks' Comments and Global Economic News Wednesday AM 11-28-23
Good morning Dinar Recaps,
The banking crisis of 2024 will lead to the tokenization of banking assets and the consolidation of banking systems.
Banks that survive this crash will move forward under the new digital asset based trading system.
The BIS, World Bank, and the IMF have been working on the concept of tokenized assets for some time, and they have stated that their intention is to utilize these tokenized assets with countries around the world and especially with those less fortunate.
© Goldilocks
Goldilocks' Comments and Global Economic News Wednesday AM 11-28-23
Good morning Dinar Recaps,
The banking crisis of 2024 will lead to the tokenization of banking assets and the consolidation of banking systems.
Banks that survive this crash will move forward under the new digital asset based trading system.
The BIS, World Bank, and the IMF have been working on the concept of tokenized assets for some time, and they have stated that their intention is to utilize these tokenized assets with countries around the world and especially with those less fortunate.
© Goldilocks
https://www.pymnts.com/news/payments-innovation/2023/imf-world-bank-and-bis-collaborating-on-uses-of-tokenization/
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We have commodities catching a strong bid as many countries deal with serious debt problems.
In other words,
Countries are prioritizing hard assets as the illusion of paper assets breaks.
This has been the thesis for years.
Let's see what happens.
Read: https://x.com/goldtelegraph_/status/1729714851306443103?s=46
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It is the tokenization of our old traditional assets that will give new value to the digital asset-based trading system.
Our new digitized economy will synchronize our markets and banking system together utilizing gold and other commodities to support real values.
Forex is part of this digital upgrade. This is why Protocol 20 is very important. It will begin the process of moving our new digital asset tokens into real standard protocols and values.
© Goldilocks
https://fintechmagazine.com/financial-services-finserv/how-digitisation-has-transformed-the-forex-market
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RIPPLE XRP🚨BIGGEST LIFE CHANGING EVENT🚨PREPARE NOW!
https://youtu.be/iF00hfmGfT0?feature=shared
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Goldilocks' Comments and Global Economic News Tuesday Evening 11-28-23
Goldilocks' Comments and Global Economic News Tuesday Evening 11-28-23
Good Evening Dinar Recaps,
Bonds increase demand for a country's national currency. It also increases its value.
Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar.
Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen.
Goldilocks' Comments and Global Economic News Tuesday Evening 11-28-23
Good Evening Dinar Recaps,
Bonds increase demand for a country's national currency. It also increases its value.
Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar.
Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen.
© Goldilocks
Baby Pips Link
Search 4 Dinar Link
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Due to economic factors, gold and silver are moving into bullish trends to meet the needs of a changing Economy based on the Metal Market to build them up.
This, in turn, has created a sustainable bull market ahead for the overall economy. The needs and services of a growing economy checks all the boxes in sustainable development.
The new use of digital assets that are tokenized on the market will enhance this sustainable growth as well allowing the market and economy to be transformed into new opportunities and new ways of living.
At this time, we are witnessing tokenized assets that are supported by the metal markets being developed in several countries to support this new digital asset-based Trading/Payment system.
© Goldilocks
Kitco Link
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The Fed, FDIC, and OCC extend the long-term debt comment period along with capital requirements for big Banks until January 16th, 2024.
These two banking requirements will begin their journey into new banking reforms at that time.
On January 16th, 2024 final rules of implementation will begin integrating as much gold as needed to support Banks with long-term debt and capital requirements to run it.
© Goldilocks
https://www.bankingdive.com/news/fed-fdic-occ-extend-long-term-debt-comment-period/700716/
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British investment managers get the green light for tokenised funds Reuters Link
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UK investment funds get green light for tokenization The Block Link
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Prices of New Houses Drop Further, -18% Year-over-Year, Sales Drop, High Inventories Rise Further, Supply Jumps Wolf Street Link
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Jester is full of wisdom and humor. His knowledge in this journey and contacts are impressive. He has been popping in and out of Seeds of Wisdom telegram rooms sharing information and always in his Jester style. Enjoy him and respect him being here.
From Jester
Confessions of an Economic Hit Man (Recommended by Jester)
"You guys might find this interesting.... the history of how Iraq got where it is... he covers at the 22-minute mark... Saudi then Iraq... I bet you didn't know how it all really happened...
https://www.loc.gov/item/2021687765/
Is it interesting this is the Library of Congress? lol" Jester
https://www.loc.gov/item/2021687765/
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After a two-year investigation phase, the European Central Bank has moved forward to a preparation phase for the Digital Euro, which commenced on 1 November 2023 and will run initially for another two years.
The digital euro would be a digital version of physical bank notes and coins, and would be free of charge to individuals and businesses within the euro area for making everyday payments. It is envisaged as a complement to cash and not a replacement.
https://businessplus.ie/industry-type/financial-services/ecb-fires-starting-gun-for-digital-euro/
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JUST IN: 🇺🇸 US taxpayers spend $451 billion per year to house and care for illegal migrants.
@WatcherGuru
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BREAKING: ELON MUSK RIPPLE PARTNERSHIP!
https://twitter.com/CryptoGeekNews/status/1729420804897530193?t=4bLxmXTu_hwZ9MHsDpIWOw&s=35
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US Money Supply (M2) in Greatest FREE-FALL Since 1930's.
https://youtu.be/7fmsyZYG5vE?feature=shared
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Goldilocks' Comments and Global Economic News Tuesday AM 11-28-23
Goldilocks' Comments and Global Economic News Tuesday AM 11-28-23
Good Morning Dinar Recaps,
Sovereign Gold Bonds (SGBs): A Lucrative Long-Term Investment with Tax Advantages
The first-ever tranche of Sovereign Gold Bonds (SGBs) issued on November 30, 2015 (SGB 2015-16 Series I) will mature after eight years on November 30. Also, the Reserve Bank of India (RBI) opened a premature redemption window for another series – the SGB 2017-18 Series IX issued on November 27, 2017 – last week.
Goldilocks' Comments and Global Economic News Tuesday AM 11-28-23
Good Morning Dinar Recaps,
Sovereign Gold Bonds (SGBs): A Lucrative Long-Term Investment with Tax Advantages
The first-ever tranche of Sovereign Gold Bonds (SGBs) issued on November 30, 2015 (SGB 2015-16 Series I) will mature after eight years on November 30. Also, the Reserve Bank of India (RBI) opened a premature redemption window for another series – the SGB 2017-18 Series IX issued on November 27, 2017 – last week.
https://www.thehindubusinessline.com/portfolio/golden-gains-for-first-ever-sgb-tranche/article67570607.ece
👆 Goldilocks pointed to this article
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Foreigners no longer have an insatiable appetite for U.S. government debt. That’s bad news for Washington.
The U.S. Treasury market is in the midst of major supply and demand changes. The Federal Reserve is shedding its portfolio at a rate of about $60 billion a month.
https://www.wsj.com/finance/investing/where-have-all-the-foreign-buyers-gone-for-u-s-treasury-debt-3db75625
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"US dollar falls against most currencies as rate cut view weighs"
https://www.investing.com/news/economy/sterling-steady-dollar-wobbles-as-markets-brace-for-postthanksgiving-buzz-3243256
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Goldilocks' Comments and Global Economic News Monday Evening 11-27-23
Goldilocks' Comments and Global Economic News Monday Evening 11-27-23
Good Evening Dinar Recaps,
"Al-Kazimi added that “we expect that the new year will witness a significant decline in dollar prices with the appreciation of the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year.”
We have two things going on in Iraq that are currently raising my eyebrows and causing dimples to form on each side of my cheeks from smiling. Iraq is currently in process of reducing the gap disparity between the Dollar and the Iraqi Dinar. This is expected to be completed by the end of the year.
Goldilocks' Comments and Global Economic News Monday Evening 11-27-23
Good Evening Dinar Recaps,
"Al-Kazimi added that “we expect that the new year will witness a significant decline in dollar prices with the appreciation of the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year.”
We have two things going on in Iraq that are currently raising my eyebrows and causing dimples to form on each side of my cheeks from smiling. Iraq is currently in process of reducing the gap disparity between the Dollar and the Iraqi Dinar. This is expected to be completed by the end of the year.
Closing the disparity between the Dollar and the Dinar will help move Iraq's currency into a real value and financial stability capable of allowing them to do cross-border International trades. This is taking place through the UPI or Unified Payments Interface on India's platform early January 2024.
Al Kazimi went on to say that Iraq expects to witness the decline of the Dollar's value as the Iraqi Dinar begins to increase its value.
Just be aware, this is a process and change still may come slowly until Protocol 20 digitizes and upgrades all our assets including currencies onto the new QFS.
This upgrade will allow Quantum Technologies to network and connect with one another producing real values upon trades beginning to happen with local currencies around the world instead of the dollar.
This is why it is important to "watch the water" as exchange rates are interfaced onto the new digital mechanisms utilized in shipping ports.
Protocol 20 is still set for January the 30th, 2024.
© Goldilocks
Search 4 Dinar Link 1
Search 4 Dinar Link 2
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Circle, the company behind the second-largest dollar-pegged cryptocurrency by market capitalization, has announced the launch of a new token standard for their stablecoin.
The standard is called the Bridged USDC Standard, and it introduces a new process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains.
Circle claims that the standard for bridged USDC is permissionless, equitable, standardized, extensible, secure, and audited.
https://cryptogazette.com/circle-launched-new-bridged-usdc-standard/
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Jeremy Allaire, Circle’s Founder and Chief Executive Officer, has announced that CCTP will soon go live on Noble. CCTP, an acronym for Cross-Chain Transfer Protocol, has chosen the asset-issuance chain on Cosmos to pave the way for getting natively wired into dYdX on their app chain on Cosmos.
Members of the selected network can directly move their USDC into dYdX. While Solana is expected to join the list soon, members of Avalanche, Ethereum, Base, Arbitrum, Cosmos, and Optimism are not required to bridge or wrap their USDC holdings before moving them across dYdX. This makes the process efficient, economical, and safer.
dYdX has been chosen because it is a bigger protocol capable of setting a new benchmark when the market pendulums between decentralized exchange and centralized exchange. Transparency and risk management as a DeFi protocol are at the core of its operation.
CCTP going live on Noble marks the step toward unlocking the next wave of on-chain usage. This is poised to become a more user-friendly environment as the value and development progress. Interestingly, a lot of elements are merging for this innovation. This includes combining wallets, bridges, aggregators, and messaging layers. Not to forget, several blockchain networks are joining hands with CCTP and Noble to ensure the technical and user experience innovation continues across the blockchain networks.
Jeremy has said that Circle is looking to accelerate mass adoption in the next 2 years, that is, in 2024/2025.
https://www.coinnewsspan.com/cctp-to-go-live-on-noble/
~~~~~~~~~~
Bullion Banks Worried As Gold Breaks Above $2,000 And Silver Approaches $25
~~~~~~~~~~
Will BRICS currency be backed by crypto or gold?
The BRICS nations are considering introducing a new currency at their 2024 summit, with debate over whether it will be a digital asset or gold-backed.
The choice between a gold-backed currency and a digital one using blockchain technology reflects the bloc’s ambition to challenge traditional financial systems.
A digital BRICS currency could modernize cross-border transactions, while a gold-backed option offers stability and reliability amid global economic uncertainty.
https://www.cryptopolitan.com/will-brics-currency-be-backed-by-crypto-gold/
~~~~~~~~~~
Bonds build liquidity for a Government. Are we running out?
© Goldilocks
WSJ Link
~~~~~~~~~~
64 US Bank Branches File to Shut Down in a Single Week—Are You Affected? | NTD
https://www.ntd.com/64-us-bank-branches-file-to-shut-down-in-a-single-week-are-you-affected_956756.html
~~~~~~~~~~
"SBI Holdings, Inc. located in Tokyo has officially entered into a Memorandum of Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston, Massachusetts. This collaboration aims to facilitate the circulation of USDC stablecoins, establish a banking relationship, and promote the use of Circle's Web3 Services within Japan."
This is a very important article in that we are being told that boosting banking relations using USDC as a Stablecoin is underway.
This will begin solidifying the USDC as a Stablecoin and as a viable digital banking asset to be used in the trading of assets between Banks in Japan and the US and beyond.
Institution money tends to support projects with billions and trillions of dollars when it is ready to move out into an International platform.
© Goldilocks
https://cointelegraph.com/news/circle-sbi-holdings-partner-mou-boost-usdc-circulation-japan
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Monday AM 11-27-23
Goldilocks' Comments and Global Economic News Monday AM 11-27-23
Good morning Dinar Recaps,
"Key players in the global container freight transport market include:
Maersk
Hapag-Lloyd AG
Evergreen Marine Corp.
MSC Industrial Direct
COSCO Shipping Development
CMA CGM
APL Logistics Americas
Kuehne Nagel
Hanjin Group
Goldilocks' Comments and Global Economic News Monday AM 11-27-23
Good morning Dinar Recaps,
"Key players in the global container freight transport market include:
Maersk
Hapag-Lloyd AG
Evergreen Marine Corp.
MSC Industrial Direct
COSCO Shipping Development
CMA CGM
APL Logistics Americas
Kuehne Nagel
Hanjin Group
The container freight transport market is driven by a number of factors, including:
The growing volume of global trade
Increasing globalization of supply chains
The growth of e-commerce"
The shipping industry is growing into more volume along with more efficiency through digitizing this new trading sector. These factors will go into play as new price determinations are coming into view.
This is where the rubber meets the road on the formation of exchange rates around the world.
Protocol 20 will determine new tokenized asset prices, and the shipping industry will support the determination of these values through volumes being priced because of it.
© Goldilocks
https://prophecyjournals.com/revolutionizing-global-commerce-unveiling-the-dynamics-and-trends-shaping-the-container-freight-transport-market/
~~~~~~~~~~
Small businesses are about to be given a Level Playing Field in trade through Free Trade Agreements.
FTA agreements inside the new digital economy will give small businesses the opportunity to trade just like the big boys and girls.
Yes, new trade agreements can be signed anywhere in the world allowing International transactions to take place across the globe through virtual trade venues making it all possible.
© Goldilocks
https://www.business-standard.com/industry/sme/msmes-getting-greater-attention-in-free-trade-agreements-govt-official-123112301208_1.html
~~~~~~~~~~
Next Bitcoin Halving 2024 Date & Countdown [BTC Clock]
https://buybitcoinworldwide.com/halving/
👆 Goldilocks pointed to this article
~~~~~~~~~~
Many people are beginning to wake up to copper
Stable jurisdictions are crucial, which is being demonstrated in real-time as the situation continues to evolve at one of the largest copper mines in the world, which First Quantum owns.
This upcoming week will be interesting
Read: https://x.com/goldtelegraph_/status/1728884949707882880?s=46
👆 Goldilocks pointed to this article
~~~~~~~~~~
Everybody was wrong about the amount of damage that an artificially suppressed price of silver could cause.
Next month 200 Countries will announce through the United Nations the need to TRIPLE Green Energy production and 5X SOLAR POWER INSTALLATIONS by 2030!
This will HAVE to be done to SAVE THE WORLD!
The Problem is that there's not enough silver on the planet to do that.
Here's what went wrong...the price of silver was suppressed for so long that alternatives to silver in solar panels was NOT necessary so not invented...BIG MISTAKE!
Now the #1 CHOICE to End Climate Change is creating massive amounts of solar farms eating up every ounce of silver on the planet...at $24/oz.
By the way...they have no alternatives!
GOT PHYSICAL SILVER?!
SILVER ALERT! Cheap Solar Silver Will SAVE the World & Fairly Valued Silver Will END IT! (Bix Weir)
https://www.youtube.com/watch?v=uzYd3DEfPDw
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Sunday AM 11-26-23
Goldilocks' Comments and Global Economic News Sunday AM 11-26-23
Good Morning Dinar Recaps,
As of October 2023, many Vietnamese banks are already in the process of migrating to ISO 20022. For example, Vietcombank, the largest bank in Vietnam, announced in August 2023 that it had successfully completed the migration of its cross-border payments to ISO 20022.
Other major Vietnamese banks, such as BIDV, Agribank, and Techcombank, are also expected to complete their migrations to ISO 20022 by the November 2025 deadline.
Vietnamese banks accelerate migration to ISO 20022
~~~~~~~~~~
Goldilocks' Comments and Global Economic News Sunday AM 11-26-23
Good Morning Dinar Recaps,
As of October 2023, many Vietnamese banks are already in the process of migrating to ISO 20022. For example, Vietcombank, the largest bank in Vietnam, announced in August 2023 that it had successfully completed the migration of its cross-border payments to ISO 20022.
Other major Vietnamese banks, such as BIDV, Agribank, and Techcombank, are also expected to complete their migrations to ISO 20022 by the November 2025 deadline.
Vietnamese banks accelerate migration to ISO 20022
~~~~~~~~~~
"Gold Prices Forecast: XAU/USD's Future Moves Hinge on Federal Reserve Actions"
There is a strong expectation that the Federal Reserve will halt interest rate hikes for the time being from many economists. This move is expected to carry over into the first part of next year and possibly into the summer.
These actions would be good for foreign currency markets allowing them to move into higher values based upon new choices being made in the digital economy and the dollar pulling back from its strength.
We have oil getting ready to make a turn around and to higher values along with cryptocurrency and a gold. The stage is being set for new price pressures going forward.
These changes will make it easier to determine real values on the new tokenized assets backed by gold and supported by new algorithms taking place early next year as Protocol 20 transitions the market into price actions that level the playing field.
© Goldilocks
Action Forex Link
FXEmpire Link
https://www.fool.com/investing/2023/11/26/bond-market-alarm-what-it-means-for-stock-market/
https://www.dailyfx.com/news/gold-xau-usd-silver-xag-usd-hold-the-high-ground-as-oil-prices-eye-a-recovery-20231126.html
https://www.dailyfx.com/news/us-dollar-forecast-growth-and-inflation-to-extend-the-usd-sell-off-20231126.html
~~~~~~~~~~
Is Mexico’s Peso Set for a Strong 2024?
https://www.youtube.com/watch?v=F8Wt1kk_U-c
👆 Goldilocks pointed at this article
~~~~~~~~~~
Russia anticipates that they will finalize a deal shortly for the proposed natural gas hub in Turkey.
This has been long in the works.
We will eventually see an electronic gas-trading platform.
Very interesting…
Read: https://x.com/goldtelegraph_/status/1728589726888726538?s=46
~~~~~~~~~~
Canada says 60% of all new passenger cars and light trucks sold in Canada must be electric by 2030, increasing to 100% in 2035.
Canada needs more minerals to make this vision an actual reality.
Expect more mineral development in Canada in the coming years…
Read: https://x.com/goldtelegraph_/status/1728608497083035921?s=46
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Saturday AM 11-25-23
Goldilocks' Comments and Global Economic News Saturday AM 11-25-23
Good Morning Dinar Recaps,
"If the dollar gradually loses its place atop the world financial pyramid, what would happen next? For the U.S., it would likely mean less access to capital, higher borrowing costs and lower stock market (https://money.usnews.com/investing/term/stock-market) values, among other effects."
This is why the Global Economy would have to reset everything including the currencies. Look for it to be a "gradual process" beginning early next year. Several currencies are going to be utilizing their own local currencies going forward including Iraq starting at the 1st of January 2024. Some of these currencies are listed in the article below.
Goldilocks' Comments and Global Economic News Saturday AM 11-25-23
Good Morning Dinar Recaps,
"If the dollar gradually loses its place atop the world financial pyramid, what would happen next? For the U.S., it would likely mean less access to capital, higher borrowing costs and lower stock market (https://money.usnews.com/investing/term/stock-market) values, among other effects."
This is why the Global Economy would have to reset everything including the currencies. Look for it to be a "gradual process" beginning early next year. Several currencies are going to be utilizing their own local currencies going forward including Iraq starting at the 1st of January 2024. Some of these currencies are listed in the article below.
Look for some kind of shared power going forward between the East and the West. Currently, there is a legislative Bill going through Congress to watch called "The 21st Century Dollar Act." This bill introduces the Dollar and the Yuan sharing World Reserve Status.
Less Capital reserves for the US means more Capital reserves for other countries moving towards their own local currencies in International Trade. In turn, this will begin the process of raising the value of currencies who make this move going forward.
Again, it is a gradual process that takes time to determine new demand and use of local currencies around the world and the support given to these local currencies through gold and algorithmic trade that will create price pressures for change on them.
© Goldilocks
USNews Link
Reuters Link
Congress Link
~~~~~~~~~~
Nikola Tesla "LOST" Interview : "Visualization is the SECRET" Hidden for 120 Years.
https://youtu.be/comM6bC4q14?feature=shared
~~~~~~~~~~
"Federal bank regulatory agencies announced today that they will extend until January 16, 2024, the comment period on their long-term debt proposed rule to improve the resolvability of large banks and enhance financial stability. The agencies extended the comment period to allow interested parties more time to analyze the issues and prepare their comments."
With longer term rules of holding Capital Requirements such as gold, xrp, and foreign reserves inside the larger banking systems, this gives an added net worth to banking structures allowing them to weather the storm that's coming next year in the bear market decline.
The markets are expected to reach a bottom sometime around early fall. Time will tell on this one. It all depends on how well trades go between the first of the year and into the fall. New assets to trade such as commodities moving to a real value has a way of rebalancing the scales of previous predictions.
© Goldilocks
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20231122a.htm
~~~~~~~~~~
PROJECT 2025 - New set up USA, ISREAL (Worldwide Military Peace Plan)
https://youtu.be/rM6mT6lmMbU?feature=shared
~~~~~~~~~~
New guaranteed income programs are launching in four states across the US.
A total of $18.745 million will be handed out to people and families with no strings attached in Georgia, Florida, Maryland and California.
https://dailyhodl.com/2023/11/24/18745000-to-be-handed-out-with-no-strings-attached-as-new-guaranteed-income-programs-launch-in-four-states/
~~~~~~~~~~
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