Goldilocks’ Comments and Global Economic News for April 19th. 2024
Good evening
Vietnam Currency Intervention:
“The State Bank of Vietnam’s deputy governor said it was ready to intervene in the foreign exchange market “even today if needed.” With the won shy of a 17-month low against the greenback, South Korea pledged to respond immediately to excessive currency market volatility.” 3 hours ago
This is what happens when geopolitical tensions increase on the scale we are seeing today.
Do you see what I mean? We have shared in this room that many currencies begin to move during wartime. (Israel and Iran)
It is history repeating itself. Let’s see what happens. The above doesn’t even talk about the trade wars and currency wars going on.
Major events and shake-ups like these create credit valuation adjustments.
© Goldilocks
Bloomberg
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Credit Valuation Adjustments happen when any change takes place on the markets.
Price pressures move assets up and down like the waves of an ocean.
Depending on the force of that wave, it has the ability to move across a lake, an ocean, or even all sectors of the market.
The growing weakness of the dollar has created a tsunami, and we are in the middle of feeling its effects.
The strength of our anchor ($) is being pushed and pulled at the present time.
Our world is seeking solid ground once again. Which asset will rise to the top?
It is the storms of life that reveal our greatest strengths(asset), and the top dog is about to make itself known.
© Goldilocks
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A reset in the housing market is in process.
© Goldilocks
Wolf Street
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Whether or not this happens today, tomorrow, next week, or sometime this year.
Vietnam is letting us know that they have a currency that is about to change in its value.
They’re telling us that they have the capacity to change it at any given moment going forward.
© Goldilocks
ZeroHedge
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“A member of the parliamentary finance committee Adnan Al-Zarfi stressed on Friday the need to raise the dollar exchange rates in the Iraqi markets, while pointing out that America is pressing Iraq to reform the victory.”
Let’s take a closer look at this article. The recommendation to raise the Dollar rate in Iraq “again” is a statement that holding the Iraqi Dinar price down is getting more difficult.
The article goes on to say that keeping the Iraqi Dinar on a programmed rate is no longer profitable or to their advantage.
Moving forward with their banking reforms is currently on the table.
© Goldilocks
Search4Dinar
Reuters
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Due to unforeseen circumstances, the CBI contact that Dee and I talk to has been busy with airstrikes in Baghdad.
Dee will try to schedule something as soon as things settle down.
© Goldilocks
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The war will destroy currency values for sure.
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World Gold Council Sees Gold as Underowned, Forecasts Continued Rally – Economics Bitcoin News
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Futures Tumble, Oil And Gold Soar On Reports Of “Huge Explosions” In Central Iran, Israeli Airstrikes In Iraq And Syria | ZeroHedge
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Happy Bitcoin Halving:
Happy “halving” to anyone who’s had to explain crypto to their grandparents. The quadrennial event, expected to take place today or tomorrow, was built into bitcoin’s original code to cut the amount of new coins going into circulation in half every four years. The purpose is to thwart inflation and increase the currency’s value.
Bitcoin’s mysterious creator, Satoshi Nakamoto, designed the crypto so that only 21 million bitcoins would ever exist. It will take about a century to hit that number, but as it approaches the cutoff, the crypto hose slowly constricts.
No one’s sure what happens next
Historically, halvings have coincided with big jumps in price—the coin’s first halving in 2012 saw the price jump from $12.35 to $127 within five months, according to Time. But critics argue that the narrative around halving is much stronger than the actual event.
© Morning Brew
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Full jury seated at Trump trial on third day of selection process | Youtube
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“Stocks off two-month low as fear of Middle East escalation eases” | Investing
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(3.51%) Bitcoin Volatility Index – Charts vs Dollar & More | Buy Bitcoin Worldwide
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Global Protest Tracker | Carnegie Endowment
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BRICS GOLD train leaving the station – Destination Revalue Rd. – LFTV Ep 169 | Youtube
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We are living in challenging times. I hope this song brings peace to people at the end of a troublesome week.
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Stablecoins Get a Seat at the Table: US Senators Unveil New Regulations | Bitcoinist
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Senate Stablecoin Bill Would Override SEC Crypto Accounting Bulletin | Thomson Reuters
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According to Berckmans, the draft bill’s most significant feature is its broad legitimization of stablecoins on public chains, particularly Ethereum, where a significant majority of stablecoins are minted. “My initial read is that the bill is extremely bullish and legitimizes Ethereum like never before. The bill broadly legitimizes stablecoins on public chains in America, where 59% of all stablecoins are minted on Ethereum, rising to 93% when excluding centralized platforms like Tron,” he stated.
Bitcoinist
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$300 SANDWICHES AND $2,000 SILVER — Bix Weir | Bitchute
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Using trusts to protect your assets | Wolter Skluwer
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Follow the FACTS and do not be fooled by people scamming for attention. Ask them for proof. Just another wannabee trying to ride on a successful, brilliant persons coat-tails!
This is 100% a LIE. Be careful on what people say, and who you follow. There IS ONLY ONE Goldilocks, and they are with SOWT exclusively!!
Ask them to post in the Goldilocks room as YOUR proof.
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Someone is claiming another person to be me, my friends.
If my information is not put in this room first, you will know that their information is not from me.
Just check the differences in our information and who says it first, and you will know who the scammer is.
Better yet, just come to this room to look for my information.
A lot of people are just using my name to drive numbers to their room and make money off of you. This is not my agenda.
I do not get paid for anything I share, and I will not turn your name in later for a paid email list.
Be careful who you follow.
© Goldilocks
