Goldilocks' Comments and Global Economic News Late Friday Evening 1-19-24

Good Evening Dinar Recaps,

Washington, D.C. — "The Commodity Futures Trading Commission today announced it has issued an Order of Designation to IMX Health, LLC, granting it designation as a contract market (DCM). IMX Health is a limited liability company registered in Delaware and headquartered in Chicago, Illinois."

Intelligent Medicine Exchange IMX has been awarded a Securities futures contract. This will give individual and institutional market investors the ability to invest in various sectors of the healthcare ecosystem.  

This means that an investor will be capable of investing in various drugs that are used in a patient's care along with new Quantum Technologies for the use of healing care.

Creating a financial exchange for the healthcare economy enables technological advances to move forward as tokenized assets in the markets.

© Goldilocks

Goldilocks' Comments and Global Economic News Late Thursday Evening 1-18-24

Good Evening Dinar Recaps,

Baghdad (IraqiNews.com) – 

"The Iraqi Prime Minister, Mohammed Shia Al-Sudani, met on Thursday with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who welcomed Baghdad’s accession to a non-financing program to support economic reform in Iraq."

The IMF is expected to move forward with a non-financing program in Iraq beginning next month.

An unfunded debt is a short-term Financial obligation that comes due within a year or less.

It is a short-term contract whereby two entities agree on a non-performance-based payment, and the monies received are on a limited basis.

In other words, Iraq is planning on using a limited support system from the IMF to push their Economic Reforms out in February of 2024.  

© Goldilocks

Goldilocks' Comments and Global Economic News Thursday Evening 1-18-24

Good Evening Dinar Recaps,

After all the announcements and news of today, Goldilocks writes the following:

Most people on this venture do not realize what's really going on at this point. Did you know you are sitting on a gold mine?   Every currency that you hold from around the world is about to be turned into gold and holds a value at a fixed rate.

Watch what happens this month as certain transitional events will begin the process of turning everything that has an asset value to one that is based on its worth in gold.

* January 10th spot Bitcoin ETF

* January 16th Basel 3 final rule implementation

* Protocol 20 begins the process of tokenized assets joining networks from around the world in three phases

Literally, everything is about to be worth its weight in gold.

© Goldilocks

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 Goldilocks' Comments and Global Economic News Wednesday Evening 1-17-24

Good evening Dinar Recaps,

"The year 2024 might witness significant progress in U.S. regulations for stablecoins, according to Circle CEO Jeremy Allaire. Speaking at the World Economic Forum in Davos, Allaire expressed optimism about an impending approval of a stablecoin bill, citing the ongoing global momentum in digital currency regulations."

Circle, the Digital Network Company backing the stablecoin USD Coin, recently filed a confidential S-1 registration with the U.S. Securities and Exchange Commission. This registration process is a requirement in order to offer a new introductory product offering on the market. It tells us that their intentions are to go public inside the new Digital Asset-Based Trading System.

So now, we have the beginning stages of tokenized assets (spot Bitcoin ETF) beginning to populate on the markets and soon a digital dollar to process these transactions.

Goldilocks' Comments and Global Economic News Tuesday Evening 1-16-24

Good Evening Dinar Recaps,

Iraqi Banking Announcement:   A new decision from the Central Bank (document)

 01-14-2024 | 15:58   Baghdad  According to a document issued on January 9, 2024, the Central Bank directed licensed banks to allow borrowers to repay debts in Iraqi dinars.

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"Cosmos-based Layer 1 blockchain Injective   INJ +1.37% has released a main net upgrade named Volan. Central to the upgrade is the integration of a software module focusing on real-world assets (RWA)."

Here we go. The production and movement of real-world assets are currently being interfaced or connected to the QFS through Volan.

Individuals, institutional investors, and users will be able to use these products. Tokenized fiat currency pairs (foreign exchange opportunities), treasury bills, and exclusive credit products are just some of the items that will be included in this network.

Digital Transmission of voice, video, data, and other network services over digitalized circuits are some of the ways communication takes place over the QFS to complete and finalize transactions between two parties.

Goldilocks' Comments and Global Economic News Monday Evening 1-15-24

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The New Development Bank, also known as the BRICS Bank, is getting ready to sell Bonds on the Global Markets. These "Maharaja Bonds" will be available to regular investors, governments, and financial institutions.

The above-mentioned BRICS Bonds will be available in local currencies and not the US dollar. These measures will give strength to the local currencies of the BRICS Nations boosting their local economies.

They are currently looking for an approval from regulatory authorities to move on these actions.

Several sectors of the US economy will be affected if these new banking protocols are approved. This new money will go to improve private sector projects among the BRICS system giving more purchasing power to their currencies. 
© Goldilocks
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Goldilocks' Comments and Global Economic News Wednesday Evening 1-10-24

Good Evening Dinar Recaps,

"The Bank Term Funding Program (BTFP), the Fed’s infamous tool to nip the March 2023 bank-panic and liquidity crisis in the bud, will expire on March 11, at its original one-year time limit, Michael Barr, Fed Vice Chair for Supervision, said at a panel appearance in Washington, D.C., today."

Not long ago, we learned that interest rates would take a drastic turn downward between March and May. This would be normal since interest rates normally fall during a recession. It is a tool that is used to stimulate growth.

Gold has a tendency to rise when interest rates go down. Historically, gold has been known to do very well during a recession as well. Do you see the setup patterns taking place?

We have new localized currencies around the world that are beginning to move into the marketplace, and they are being strengthened because of their inflationary demand at the present time.