Goldilocks' Comments and Global Economic News Saturday AM 12-2-23

Good Morning Dinar Recaps,

"JPMorgan And Apollo Executives Reveal Plan For A Tokenized ‘Enterprise Mainnet’"

JP Morgan and Apollo executives are making plans to implement a tokenized asset Enterprise in early 2024.  They will be one of the first of many to begin the process of adding applications to this tokenized asset network.  

This will cover everything from stocks to bonds and crypto assets inside their own blockchain.
They plan to work with a limited number of compliant banks, broker-dealers and asset managers.

© Goldilocks

Goldilocks' Comments and Global Economic News Friday Evening 12-1-23

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"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 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 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 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 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 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  AM 11-28-23

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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 Monday Evening 11-27-23

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"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 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   

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