Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks commented on may links this morning to help explain where we are:
The debt ceiling is continuing to be a great concern. President Biden and Senator McConnell commit that the US will not default on its debt.
Futures are under pressure because of CPI data coming out this morning. Inflation is expected to have risen.
Paramount Global is cutting 25% of their staff from TV networks. They will be shutting down MTV News.
Uber launches flight bookings in UK travels super app push.
Asian and European markets slip ahead of US inflation data.
Oil falls on higher US crude supply as inflation data is in focus.
© Goldilocks
~~~~~~~~~~
BREAKING: 🇺🇸 US inflation falls to 4.9%, lower than expectations.
~~~~~~~~~~
The CPI Index reading has just been announced.
“The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas.”
https://www.bls.gov/cpi/#:~:text=The%20Consumer%20Price%20Index%20
Wage inflation is beginning to moderate, and the hopes of a pause on interest rate hikes are coming into focus.
The next data pressure point for the markets will be the debt ceiling.
© Goldilocks
~~~~~~~~~~
The debt ceiling is the next data pressure point for the market.
How this is handled will go a long way in determining investor choices.
If the choices made or not perceived to support the market, we will see movement towards the commodity markets and our new commodity-based digital system.
Many countries are already moving toward a digital asset-based trading system and returning to a national currency backed by gold.
This de-dollarization process is becoming a real eye sore at this point.
It looks like we are reaching a crossroads. The impact of the dollar and it’s influence on the global markets is beginning to level off with other currencies.
This shift in global power and global wealth transfer is becoming more of a possibility at this point.
All countries are in process of completing their digital/currency reforms and standardizing banking protocols under a digital/gold-backed system.
A repricing event in Gold will give us liquidity to move into a Global Currency Reset.
© Goldilocks
~~~~~~~~~~
“The figure dropped by more than a third month-over-month from the number of FX contracts in March 2023, which was reported at 37,000. Additionally, the Atlanta-headquartered futures exchange operator registered a similar decrease in FX volumes when compared to April 2022.”
Forex transactions have declined significantly. Some of this is due to currency reforms taking place around the world and waiting on a repricing event on the commodity markets that are tokenized to support them.
Digital/currency standards are beginning to take shape at this point on the State levels and moving into the Federal level.
The GCR is moving into a final phase of development and implementation status.
© Goldilocks
~~~~~~~~~~
Buybacks are used to reduce a country’s national debts especially when it can be done at a discounted rate.
We are moving into such an era. As the markets are being set up for real values, the US Treasury is positioned well with all the gold in their possession to buy back bonds that support a Country’s Financial System.
A SOFR lending system will add even more support for this to become a reality.
Gold is expected to raise in value for the next 8 to 10 years to bring in even more support.
Things are about to change dramatically. Buckle up buttercup.
© Goldilocks
~~~~~~~~~~
Goldilocks’ Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/
Thank you Dinar Recaps
