Goldilocks' Comments and Global Economic News Sunday Evening 3-17-24

Good Evening Dinar Recaps,

We have three countries making Monetary Policy shifts to their currencies. Each of these shifts involves a lesser dependence upon the dollar. Movement into their own local currency backed by the integration into a Digital Gold Backed International Standard will enable them to strengthen their currencies' values going forward.

Nigeria has just filled out an application to join the BRICS Nations. They have already moved their currency to a supply and demand policy enabling them to trade their currency on the local level with other nations.

Nigeria has a huge supply of oil to trade that will collateralize their currencies' movement into the BRICS Nations and trade with Saudi Arabia under the guidelines of a local currency trade policy.

Israel is going digital. They are currently in a pilot study to determine policy changes to their currency. Currently, the Israeli shekel can be owned by private VIP persons and Institutions at this time, but their shift into a new digital economy is forthcoming once this sandbox test determines new regulations for their distribution.

Goldilocks' Comments and Global Economic News Friday Evening 3-15-24

Good Evening Dinar Recaps,

Much of our transition taking place around the world has to do with the movement from a World Reserve Asset such as the Dollar to sharing this privilege with many Currencies around the world.

This changes economic policies in countries around the world, and it sets forth the need for new guidelines and protocols inside banking systems and marketplaces.

Laws have to be changed, Banking and Trading Protocols are changed, trading exchange rate percentages have to be changed, and more. On top of all of this, it has to be digitized.

The new Digital Financial System creates new standardized protocols that are backed by gold and other commodities. Everything has to run smoothly and with real values going forward. The QFS runs on precise measures enabling artificial intelligence to come in and carve out new pathways into our future we have never seen before.  BIS

© Goldilocks

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Goldilocks' Comments and Global Economic News Thursday Evening 3-14-24

Good Evening Dinar Recaps,

The Securities and Exchange Board of the India is expanding their framework of Qualified Stock Brokers. This is expected to protect the interest of investors and expand compliance for Stock Brokers engaged in asset exchanges such is foreign currency and more.

These registration requirements for compliance and security are expected within 180 days of March the 8th, 2024. Global Index Providers do not fall under this category. You will be glad to know that many of the foreign currency trades fall under this category.

This does not exclude this sector of the market from expansion or security compliance issues. It will be going through these economic reforms as well. We are just simply not going to have to wait for these changes to be complete to move forward.

Goldilocks' Comments and Global Economic News Wednesday Evening 3-13-24

Good Evening Dinar Recaps,

Our Consumer Price Index (CPI) came in higher yesterday than expected. This does not increase our chances of lowering interest rates early this year. The price on goods and services are still high and interest rates along with them made it even higher.

If this persists, it could lead to deflation. A slowing economy is not good for the markets, consumers, or companies.

During deflation, consumers tend to buy gold as well as investors to protect them from a slowing economy and the debasement of their country's currency.

Cryptocurrencies that have a limited number of supply tend to do well along with a backing of gold to support them.

Goldilocks' Comments and Global Economic News Tuesday Evening 3-12-24

Good Evening Dinar Recaps,

"The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity."

This decision is currently shrouded in political conflict, this is seen as a move to gain popularity by many in the region of Iraq.

Although this is going to be a reality due to many of the changes in their monetary policies, there are those who still do not want any changes to Iraq's currency.

The important thing to note in this article is that a rate is being considered. It is also needed due to more countries getting involved in their economy that will require them to raise their current Dinar rate to level the playing field in trade.

 Goldilocks' Comments and Global Economic News Monday Evening 3-11-24

Good Evening Dinar Recaps,

"The Yuan is the world's fifth most-used currency for trade. The IMF, which is due to review the basket's composition later this year, must deem any new currency "freely usable," or convertible - seen as a key obstacle for the Yuan, also known as the Renminbi. But the Fund also could change its criteria, or have a phased entry for the Renminbi after it meets the standards, as some officials have suggested."

Since the time of the quote above, the Renminbi has been included in the Special Drawing Rights of the IMF. There's even a bill that includes special recognition of China's currency and it's role in the future global economy.

Below, you will see a link to the dollar act legislative bill currently in the introduction phase. It states inside the introduction that digital dollar has to be formed this year. This means that the Stablecoin for the United States dollar is and will find its regulations completed for trade inside the new QFS.

Goldilocks' Comments and Global Economic News Sunday Evening 3-10-24

Good Evening Dinar Recaps,

For the last few years, Japan and the United States have been engaged in "yield curve control mechanisms" to adjust monetary supply. This keeps long-term bond yields low. It encourages consumers to spend and businesses to invest. If you have a lot of money to invest in these activities, it allows you to move ahead of the rest of the world in wealth.

Japan is currently deciding to change their monetary policy under a new framework. This new framework will target the "volume of purchases," rather than, the yield curve control.

This is a move from benefiting the 1% to allowing supply and demand to determine market prices. When supply and demand determines market prices, a shift in currency values follow to meet these new demands.

Monetary policy changes such as this gives power back to the people by allowing the people to participate in determining market values. We do make up most of the market.

Goldilocks' Comments and Global Economic News Saturday Evening 3-9-24
Good Evening Dinar Recaps,

"Senators Cynthia Lummis (Republican) and Kirsten Gillibrand are reported to be finalizing a Stablecoin Bill."

This Stablecoin Bill is moving through the House and Senate as we speak. It will provide the long awaited crypto clarity that we need to pay for the tokenized assets currently expanding and interfacing digital networks inside Protocol 20. 

As we have announced before in this room, 90% of the global economy will be tokenized by the end of the year. If you have been accumulating ISO 20022 tokens, you will be holding assets that are already beginning to move into their real value.

Remember, Stablecoins represent a country's currency. At some point, our Stablecoins will be given the green light to move forward. This will put price pressures on many of the currencies we hold.

Several countries have already migrated to the ISO 20022 messaging service that will provide an integrated and universal language service to explain transactions taking place on the QFS.

The back wall date for the ISO 20022 messaging service for countries is to be completed early next year, but the countries who have already migrated will be able to begin utilizing this service as more and more countries come on board.   Ledger Insights

© Goldilocks

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Goldilocks Comments and Global Economic News Friday Evening 3-8-24

Good Evening Dinar Recaps,

Is XRP primed to become the world’s next reserve trading currency? That question remains to be seen as new partnerships are forming around the world.

Ripple does act as a liquidity coin between Nation's Central Banks, and it does have the potential to replace the Swift System as the new preferred Central Bank digital exchange processing system.

"Ripple has a product called On-Demand Liquidity that allows financial institutions to instead settle transactions instantly with the XRP cryptocurrency. On-Demand Liquidity works by allowing financial institutions to convert fiat to XRP and convert XRP coins into the destination currency using local crypto exchanges."

All of this is taking place at a time when Protocol 20 is currently moving into Phase 2 of the Stellar Network utilizing Soroban contracts.

Here, our new tokenized asset markets are beginning to form alliances between traditional assets and new global payment systems. The merging of these new digital economic worlds is forming the basis of our new economy.

Goldilocks' Comments and Global Economic News Friday AM 3-8-24

Good morning Dinar Recaps,

Starting today, China no longer trades the Yuan with the Dollar. Hong Kong launches their wholesale CBDC project to support digital tokenization and tokenized deposits. And, Hong Kong is advancing a privacy digital currency with Project Aurum 2.0.

As one door closes, another door opens. Hong Kong has a market capitalization of over 30 trillion dollars. While the United States has over 46 trillion dollars in market capitalization, the move to make trades in local currencies on a level playing field utilizing a gold standard protocol inside a digital economy backed by gold will go a long way in bringing more monetary value to the Eastern half of our world.

Goldilocks' Comments and Global Economic News Thursday Evening 3-7-24

Good Evening Dinar Recaps,

Our Global Economy is in process of redefining and recalculating currency values. Specifically, we are undergoing pilot programs to determine regulations on the use and the amount needed to level the playing field in trade among countries.

These are measured in units of account in the banking world. Each unit of account currently has a digital value and a commodity value inside what we are currently calling a tokenized asset going forward.

These new pending prices are what many are calling a Global Currency Reset. This is why new laws have been coming into effect on our new digital economy the last two and almost a half years to solidify real values going forward.