Goldilocks’ Comments and Global Economic News Tuesday Afternoon October 03, 2023
Good afternoon
“The U.S. bond market is calling a moment: the age of low-interest rates and inflation that began with the 2008 financial crisis has ended. What follows is unclear.”
“Higher rates going forward would mean the Fed will have more room to adjust policy through tweaks in interest rates.”
Recently, the Fed has been selling the bonds it bought. A move that slowly shrinks its balance sheet. This tool allows the Federal Reserve to lower the money supply and give more value to the remaining currency available.
In an age of de dollarization, the above tool allows tweaks to the system that balances the economy as the dollar flows in from other countries.
Currently, the FED is calling for a higher for longer model of action on interest rates that lowers the price of gold and raises the price of cryptocurrencies.
This move would give the digital economy a chance to rise in value comparatively to gold and paper money.
The raising of value in stablecoins that represents a country’s paper currencies increases demand and money velocity through the speed of which digital currencies can move in cross-border international trades.
This stabilizing attempt on the economy is possible because of the new liquidity that would be brought to the market that’s been hidden in the crypto space for over a decade.
It is a move that would give a real value to currencies around the world creating an organic raising of values for some countries’ currencies and lowering the values for others.
It would level the playing field by creating room for growth inside the new digital asset-based trading system.
It is a Global Currency Reset in the making.
© Goldilocks
https://recentlyheard.com/2023/10/02/us-bond-market-signals-the-end-of-an-era/
~~~~~~~~~~
“The Commodity Futures Trading Commission today published a proposed rule that would amend CFTC Regulation 4.7, a provision that provides exemptions from certain compliance requirements for commodity pool operators (CPOs) with respect to commodity pool offerings to qualified eligible persons (QEPs) and for commodity trading advisors (CTAs) with respect to trading programs advising QEPs.”
“A commodity pool is a shared private pool of money from multiple participants.” This current regulation 4.7 mentioned in this article has not been upgraded since 1992. It is currently being amended to speculate in futures, swaps, or options markets. A commodity pool operator (CPO) manages funds for the pool.
Regulation 4.7 currently moves towards a proposal stage where the rule is solidly formed before it is sent to the final stage for a final rule.
These articles today explained how the Retail Market regarding Foreign Exchange rules and regulations are in their final stages. We will continue to follow up on these rules and regulations as they come to their final conclusions.
© Goldilocks
https://www.cftc.gov/PressRoom/PressReleases/8802-23
~~~~~~~~~~
We do have a Retail Market Foreign Exchange Transaction Bill. Unless we have amendments to it after the community pool regulation 4.7 is done, we will be good to go on regulations regarding foreign currency exchanges in the Retail Market.
© Goldilocks
Final Rule Regarding Retail Foreign Exchange Transactions
~~~~~~~~~~
The final run-up on the markets is upon us once the dust clears on these legs down.
This is where gold and the dollar will run up together before the dollar falls.
We have spoken about it over the last two years as being the final move before the markets go into real values.
© Goldilocks
https://youtu.be/nV1gNaPPTYM?feature=shared
~~~~~~~~~~
UBS Group AG, financial holding company, announced the launch of a pilot project to tokenized money market fund.
Money market funds are investment products focused on short-term investments. UBS believes that their tokenization will increase liquidity and attract more potential clients. The test will take place on the UBS Tokenize platform, developed on the Ethereum blockchain.
The bank’s pilot is part of Project Guardian, a joint initiative between the Monetary Authority of Singapore and the Japan Financial Services Authority.
https://crypto.news/ubs-asset-management-launches-pilot-of-tokenized-fund/
~~~~~~~~~~
Stablecoins Simplified: The Role and Relevance of Pegged Cryptocurrencies
~~~~~~~~~~
CFTC Chair Highlights Crypto Enforcement Actions and Calls for Legislative Update – Cryptopolitan
https://www.cryptopolitan.com/cftc-chair-on-crypto-legislative-update/
~~~~~~~~~~
Ackman’s desire to potentially work with X has grabbed the attention of investors, with questions about the impact on coins like Dogecoin. …
Bill Ackman, CEO of Pershing Square Capital Management, has expressed interest in collaborating with Elon Musk’s X social media platform.
Ackman recently announced the regulatory approval of its investment vehicle, SPARC, by the SEC.
The potential collaboration between Ackman and X has raised questions about its impact on the cryptocurrency market, particularly on Dogecoin.
Dogecoin, favored by Musk, could see market changes and a potential price increase if the collaboration takes place.
The current price of Dogecoin is $0.062, with a trading volume of over $238 million.
The article presents a positive sentiment regarding the potential collaboration between Bill Ackman and Elon Musk’s X social media platform. It highlights the excitement and curiosity among investors about the impact on the cryptocurrency market, specifically Dogecoin.
https://minmax.ai/news/news-dogecoin-twitter-ipo-dogecoin-x
~~~~~~~~~~
The governor of the French central bank has announced that Euro area central banks will unveil plans for a wholesale central bank digital currency in the coming weeks.
Here it comes…
Read: https://x.com/goldtelegraph_/status/1709278611742880073?s=46
