Goldilocks’ Comments and Global Economic News Sunday 4-14-2024
Good evening
Yesterday – Isreal 2 m ago 15:32 Shortly before news that Iran had started firing drones at Israel, a short video speech by Benjamin Netanyahu was posted on his X handle. There, the prime minister said Israel had been preparing for years for a possible direct attack by Iran and its defense systems were deployed and prepare for any scenario. Here’s a link to that video and the official translation that accompanied it. Bloomberg
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Yesterday – Isreal Israel war updates: Iran launches drones at Israel as tensions soar. Iranian forces seize ship with ties to Israel in Strait of Hormuz amid escalating tension. | USA Today
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BREAKING: Iran Launches Strikes On Israel (Brace For Surging Oil!) | Youtube
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Thus, nations that are actively at war experience a higher level of currency volatility compared to those not engaged in conflict. How global events affect the forex market. | Investopedia
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You have heard me say it before. Currency values have been known to change during wartime throughout history. Is history about to repeat itself? We are about to find out.
© Goldilocks
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Gold & silver breaking out! | Youtube
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“Focused on economic reforms. Sudanese: The goal of our visit to Washington is to activate the strategic framework agreement” | Search 4 Dinar | US Embassy
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“‘China is about to start bidding’ — Will Hong Kong Bitcoin ETFs spark the halving rally?”
The approval of Hong Kong’s spot Bitcoin ETF this week is expected to be a catalyst for Bitcoin adoption and a huge driver of Bitcoin’s price going forward.
This week is the Bitcoin halving. It will cut the supply of this cryptocurrency in half creating a scarcity effect making this asset “Digital Gold.”
When the price of Bitcoin goes up, it is long been known that the rest of the cryptocurrencies on the market begin to rise along with it.
Hong Kong is expected to approve both Bitcoin ETF and Ether ETF on April 15th, 2024. This is tomorrow.
The ability to move money from the East to the West digitally at prices raising to their real values backed by gold and other commodities inside these tokenized assets is about to change the business world forever.
This is a historical event of unlimited magnitudes making its way into our banking system and trading system. It will change the way we do business and our way of living in countless ways.
The transition of our new Financial System in terms of International status and ability to move money is about to make history.
From Wall Street to the Shanghai Exchange, the new Digital Asset Based Trading System is creating a foundation for a new digital economy. Coin Telegraph CNBC
Buckle up, the plane in the world of Global Digital Financing is about to take off.
“All roads lead to gold, and “digital gold” will set us free.”
© Goldilocks
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“Shanghai exchange sets trading limits on gold, copper futures as prices rally”
This past week, there was a huge rally in Gold and Copper. It was so great that limits had to be applied on its growth potential in the Future’s Market.
Also, limits were placed on the Oil Market as well during this process. The Energy Transition is expected to be volatile, and trading limits such as these are temporarily applied to keep speculators from taking advantage of spot prices that can influence the price on the movement in these assets slowing the process down.
This tells us that the Banking, Markets, and Commodity sectors of the Market are preparing for our Energy Transition with actual steps showing us their intention for its fulfillment.
These new critical measures will create new paths and new price pressures on the Commodity Markets. Their price controls will enable a reset in the Bull run of our Metal Markets to take place efficiently and effectively.
This is a good indicator that our transition from the Stock Market to the Commodity Market is about to commence. Economic Times
“All roads lead to gold, and ‘digital gold’ will set us free.”
© Goldilocks
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There are three sectors of the Market I have been watching on the US Debt Clock: oil, gold, and silver.
The “oil to solar” power has been filled in at this time. You just can’t make these coincidences up. US Debt Clock
© Goldilocks
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The current growth wave can be broken down into two drivers. The first is the demand for Bitcoin and Ethereum. | FX Empire
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Ripple vs SEC: Parties File Joint Sealing Proposal | CNN
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Commercial Real Estate loans amount to about $5 trillion. Not all CRE sectors are in trouble. At one end of the spectrum: Industrial is still in good shape. At the other end of the spectrum: office is in terrible shape. Somewhere in the middle: There have been some big defaults in multifamily, but the sector is in much better shape than office. | WolfStreet
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MARKETS A LOOK AHEAD: NOW… EXPECT A DIRECT “ATTACK” (FF) ON THE US. Mannarino | Youtube
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We have a number of potential catalysts this week to shake up the markets.
© Goldilocks
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The Central Bank of Iraq decided to approve a request to extend the deadline for receiving requests from brokerage companies to buy and sell foreign currencies of category ( C ) through the merger. | CBI
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From Gold or Copper, Commodities Are ‘Best Play’ Amid Huge Gains | Business Insider
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Amazon Pay plans to offer credit on UPI | Financial Express
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America’s Bonds Are Getting Harder to Sell – WSJ
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Zimbabwe new currency faces odds amid economic woes – The East African
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US consumer sentiment declines in April, inflation expectations rise | Business Standard
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The London Metal Exchange banned deliveries of any Russian supplies of aluminum, copper and nickel.
Many are underestimating the implications of this.
Russia represents:
– 6% of global nickel supply
– 5% of aluminum
– 4% of copper
The metals world is changing.
Read: https://x.com/goldtelegraph_/status/1779592521011839080?s=46
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Russia holds the second largest mine gold reserves worldwide. | Statista
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It Happens In 5 days… | Youtube
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Anyone who does not believe that cryptocurrency has anything to do with the new Digital Banking System is in the Dark Ages.
After next week, we are going to see massive adoption of Bitcoin ETF and Ethereum ETF beyond just the United States of America Markets.
The new drivers of the new economy are Bitcoin and Ethereum at this point, this does not mean they will hold that position over time. It just means they are the first movers.
The liquidity that is about to come in the cryptocurrency market through this Bitcoin halving cannot be understated.
We are witnessing our bridge into the new Digital Banking System. As I have stated before, this is the first RV we are currently and still moving into at this point. This is Phase 1.
Phase 2 will encompass many changes to the Gold and Silver Markets going forward that will support and back our second RV. Our paper currency.
Credit Valuation Adjustments will be taking place on every level of our new Financial System going forward.
Remember, the new Financial system has many layers to it. Each layer stacks one on top of the other to support each other. The moment of truth is here. As one Financial System falls, the building blocks to the new Digital Economy are about to be tested.
This Bitcoin halving will make this asset scarce. The week ahead of us will have many volatile moments in digital assets ending in the culminating event of a halving for Bitcoin. You will hear many people refer to this week’s events of turning our Digital Economy into Digital Gold.
© Goldilocks
