Good Evening Dinar Recaps,

"Wall Street Moves to Fastest Settlement of Trades in a Century" T

oday, Wall Street moves to T+1 settlement times. This will minimize risks taken in the market when it comes to ensuring enough money secured on both sides of a trade.

I am aware that many people are calling for a crash in the market this week, but it probably will have more to do with moving from T+2 settlements to T+1 settlements this week.

Some of the trades from Friday will get caught in T+2 settlements until all trades are cleared this week. Also, BuyBacks are coming back into play. This has not been done since the early 2000s.

Look for many companies and the Governments to buyback some of their bonds. Buying back bonds at a discounted price will support the market and give companies the opportunity to buyback some of their own shares.

Goldilocks' Comments and Global Economic News Monday Evening 5-27-24

Good Evening Dinar Recaps,

Cognitive Computing Market is Going to Boom | Microsoft, IBM, | OpenPR

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Russia and China insist on a new "multipolar" world order |  Atalayar

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US Government Pays $514,000,000,000 in Interest on National Debt in Seven Months, Surpassing Defense and Medicare Costs: Report - The Daily Hodl

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OVHcloud Adds Qiskit To Market Leading Quantum Notebooks Portfolio |  TheQuantumInsider

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Goldilocks' Comments and Global Economic News Monday Afternoon 5-27-24

Good evening Dinar Recaps,

I will be taking the day off Monday to spend time with my family and friends for Memorial Day. I expect to return Tuesday morning with more information on where we are in the transition of our economy. © Goldilocks

Goldilocks' Comments and Global Economic News Sunday Afternoon 5-26-24

Good Evening Dinar Recaps,

There is currently a lot of cash building in the markets from traders who are building their portfolios in Gold-backed ETFs and the mining sectors of the market.

Cash building in gold is the current trend for Professional Traders and the Retail Market. It gives an investor collateral for the trades he or she would like to make, and even, investments made outside of the marketplace.

It is becoming increasingly clear that the sentiment for the Retail Market is over-the-counter products in physical gold.

The growing popularity for cryptocurrency over Fiat money is beginning to gain traction as institutional money is moving their assets around on the Traditional Market in preference for new digital assets onboarding to the new digital asset based trading system.

Goldilocks' Comments and Global Economic News Saturday Evening 5-25-24

Good Evening Dinar Recaps,

HKMA is making changes to their USD liquidity facility. "A liquidity facility is a committed, undrawn backup facility that can be used to refinance a customer's debt obligations if they are unable to roll it over in financial markets."

HKMA is moving their money settlement process from T+1 to T+0. The Hong Kong Monetary Authority is making this policy change to give them instant access to money flows.

Hong Kong has been in pilot programs in the new digital economy that enables them to process their digital money instantly.

This will give them a trading advantage that many countries will want to catch up to going forward. This is why I told you a while back that the movement from T+1 settlements at the end of this month would not last long.

Goldilocks' Comments and Global Economic News Friday Afternoon 5-24-24

Good Evening Dinar Recaps,

" Chairman of the Securities Commission in Iraq, Faisal Al-Haims, confirmed today, Wednesday, that the authority is studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges."

Forex is sold "in shares" through exchange-traded products (ETPs) and exchange-traded notes (ETNs).

Licensing brokerage companies to trade on the global exchange, also known as a foreign exchange (forex) market, is a necessary process that allows companies to operate in the market.

As long as global financial standards and International digital norms/regulations are followed, a forex license can be issued by regulatory authorities.

This procedure guarantees a company's compliance with International regulatory standards. Without a license, a broker's work is considered illegal. 

Goldilocks' Comments and Global Economic News Wednesday Evening 5-22-24

Good Evening Dinar Recaps,

"Ripple CLO Claims The SEC Has a NODE on the XRP Ledger" A NODE offers ways to approve and process transactions without a centralized authority. 

A node validates and authenticates blockchain transactions. A Blockchain node's primary job is to confirm the legality of network transactions.

Once a confirmation is made between two digital networks through a blockchain consensus, a transaction is validated on both sides of an exchange.

A protocol brings all nodes of a distributed blockchain network into agreement on a single data set or similar data confirming the right to move forward inside a blockchain connection. Then, a digital transaction can go through for both parties.

Goldilocks' Comments and Global Economic News Tuesday Evening 5-21-24

Good Evening Dinar Recaps,

"The final elements for the implementation of Basel III in the EU are now agreed and will start applying on the 1st of January 2025."

Currently, we have tokenized assets and stablecoins backed by gold and other commodities moving through legislation and expected to become law at the end of June 2024.

This is forcing governments around the world to begin making decisions to implement their new digital economy. These monetary policy shifts will create credit valuation adjustments across all sectors of the market including Forex.

Countries have began moving towards bilateral trade agreements utilizing their own currencies in trade. This move will increase the demand for their currencies, yet they still need a stable price on them.

Goldilocks' Comments and Global Economic News Monday Evening 5-20-24

Good Evening Dinar Recaps,

"Geopolitical Tensions Continue to Shape Global Trade"

The BRICS Nations is and will continue to grow. The next economy will be determined by the price of gold, and not, the dollar. Many countries are leaving the dollar and trading in their own local currencies. To join the BRICS Nations, you have to own gold to support your country's currency. And then, you can be trading partners inside the BRICS Nations.

Saudi Arabia is expected to join this time around. They are expected to join in August of 2024. This shift from the Petro dollar to a Petro Yuan is expected to be a significant shift in monetary flow. It will create a more balanced set of demands on local currencies in a way we have not seen in a long time.

These new demands are forming because of geopolitical tensions, but we would have eventually had to move this direction anyway. A Fiat monetary system just simply is not meant to last forever. We have been in a transitional economy since we moved off of the gold standard in 1973 under President Richard Nixon.