Goldilocks Comments and Global Economic News for September 13, 2023

Goldilocks’ Comments and Global Economic News for September 13th

Good evening

Market Announcement:   China Securities Regulatory Commission is expanding the range of their assets to allow Infrastructure REITs (real estate assets).

The CSRC is equivalent to the SEC in the US. They are the regulatory body that oversees the Trading Assets in China.    Everything is being tokenized and traded on the market supported by a commodity asset. This will give our market assets around the world a Level Playing Field real value including Forex that deals with foreign currency.   © Goldilocks  Linkedin Link


Telegram adds self-custodial crypto wallet worldwide, excluding the US | TechCrunch


OECD Launches Governance Principles for Green Transition
“The revised Principles mark a significant, renewed international consensus and a strong desire from all OECD and G20 members to strengthen guidance on companies’ sustainability and resilience, to help them support the green transition and adapt to climate risks,” said OECD Secretary-General Mathias Cormann.


🔴 G20 Calls For GLOBAL DIGITAL IDs, CBDC and Strict Crypto Regulation


LoopFX is pioneering a novel liquidity venue for large spot FX trades by centralizing peer-to-peer matching alongside bank interest. This innovative approach empowers traders using FX Connect to identify real-time matches for trades exceeding $10 million with other buy-side institutions. It also offers banks a secure channel to showcase their market axes.

👆 (Goldilocks pointed to this article)


“CME Group and DTCC’s enhanced treasury cross-margining arrangement receives SEC and CFTC approval.
The arrangement will allow eligible clearing members to gain increased margin efficiencies between US treasury securities and CME Group interest rate futures, with an expected launch in January 2024.”

Cross-margin trading allows securities to be traded from one asset class to another holding liquidity for future margin calls.
There are a lot of directions I can go with this information, but I know many in this room are interested in the foreign currency direction.
A cross-margin arrangement can be agreed upon with the price of a foreign currency and used as collateral in making trades that will help an investor obtain an asset through what is called a cross-margin investment.
In other words, foreign currencies are expected to have a higher value in the future and can be used as collateral security for these trades. And, since foreign currency is considered a security and a commodity in the near term, the SEC and CFTC are involved in overseeing these transactions.

The implementation date for this to be accessed begins in January 2024. It will provide much-needed liquidity for several Market sectors including foreign currency exchanges.
© Goldilocks    Global Custodian Link


“Fair trade laws were enacted by states in the 1930s to allow manufacturers to set prices for their products by retailers. The laws were enacted by almost every state to counteract the constant price fluctuations brought on by the Great Depression. Manufacturers wanted to set price minimums for retailers on their products because they feared that too low of prices diminished brand or product value as seen by consumers. The practice gradually was eliminated by states as international trade increased which limited enforceability of fair trade laws, and in 1975 Congress enacted legislation that made fair trade laws illegal under the Sherman Antitrust Act.”

This is another Level Playing Field mechanism that is coming into effect known as the “fair trading bill.”
You will see why this has to take effect as our Market systems all over the world are transitioning.

This new revised bill will minimize merchants from undercutting each other in the sale of their goods and services during a monetary crisis.

© Goldilocks

Can you see what’s happening today? They are preparing us for a transition into the new economy.
© Goldilocks


Stellar | It’s Expensive to Be Poor


Stellar | Decentralife | Stellar


Stellar | Blockchain as a Tool for Aid Disbursements


Stellar | The Realities of Delivering Aid


The Bank of International Settlements (BIS) is calling for blockchain-based sustainable finance solutions. Indeed, the newly announced COP28 initiative seeks the development of new blockchain-based technologies to aid the sustainability of the finance sector.

Additionally, the new initiatives have also called for artificial intelligence to be used to achieve their goals. Moreover, it is set to be developed alongside the Central Bank of the United Arab Emirates (UAE), and the Emirates Institute of Finance.


Washington, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk today issued a no-action letter providing that DCR will not recommend the CFTC take enforcement action against Taiwan Futures Exchange (TAIFEX) for failing to register as a derivatives clearing organization (DCO) as required by Section 5b(a) of the Commodity Exchange Act (CEA).

Today’s no-action letter extends CFTC Letter 22-12, which expires September 15. The extension will be until the earlier of March 15, 2024 or the date on which the CFTC exempts TAIFEX from registration as a DCO under Section 5b(h) of the CEA.

Like CFTC Letter 22-12, today’s no-action letter is limited to TAIFEX’s clearing of the proprietary trades of U.S. clearing members and their affiliates.





Federal Reserve Actions to Support the Flow of Credit to Households and Businesses

FEDERAL RESERVE: “As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020.  This action eliminated reserve requirements for all depository institutions.”

© Greg Mannarino


JUST IN: FTX receives court approval to liquidate $3.4 billion in crypto assets
• Solana
• Bitcoin
• Ethereum



👆 Let the sell-offs begin…


I split today’s post in two cuz it was kinda long….

The Silver Story is one that will SHOCK THE WORLD when the TRUTH comes out…175 years of Silver price suppression won’t end quietly!!

ALERT! PART 1 – Silver Stands Ready as Banks Shut Down Coin Dealer Access to CASH! (Bix Weir)

  WAKE UP DEMOCRATS! The artificially suppressed price of silver is destroying any hopes for the Future of The Green New Deal!

SUPPLY ISSUE: Price suppression destroys the economics of operating Silver Mines and ensures NO NEW MINES come online. 
DEMAND ISSUE: Price suppression makes silver demand skyrocket in Industrial Applications as the low cost of silver makes EVERY APPLICATION PROFITABLE.

Something will BREAK VERY SOON: either the availability of silver will dry up OR the price will skyrocket sparking a panic to own physical silver!

ALERT! PART 2 – DEMOCRATS BEWARE! Silver Price Suppression Will Destroy Green New DEAL!! (Bix Weir)


Franklin Templeton, a leading asset manager, has entered the race for a Bitcoin spot ETF with the “Franklin Bitcoin ETF”. The aim of many of these leading institutions applying for ETFs is to attract large institutional investors, which could potentially bring trillions of dollars into the crypto industry. Franklin Templeton’s ETF will be based on a mix of cryptocurrency exchange Bitcoin prices to deter price manipulation.

Archive Link


Digital Banking Announcement:  
Mountain Protocol has publicly announced its launch along with USDM following a financing round led by Castle Island Ventures and several others. The token, USDM, is fully backed by short-term US Treasuries and offers a unique yield-bearing system, allowing even non-US users to earn interest in US Treasuries. Mountain Protocol has also secured a digital asset business license from the Bermuda Monetary Authority.


U.S. Senator requests information on ways to improve privacy protections of health data | Hogan Lovells – JDSupra