Goldilocks’ Comments and Global Economic News Friday 3-22-2024
Good Evening
USDC and XRP Announcement:
Ripple is setting the stage for expansive growth inside the new Digital Economy. XRP is a Bridge Digital Currency capable of exchanging foreign currencies from different countries within a matter of seconds.
Over 1,500 projects Globally are presently leveraging XRP’s Ledger. Now, Circle is thinking about bringing its U.S. Dollar Stablecoin (USDC) to the Ripple (XRP) Ledger.
This is a wonderful opportunity for the XRP Ledger Network to expand and grow going forward. Given its own ledger and payment coin network capable of working seamlessly together, XRP is set to expand on a massive scale in the new Digital Economy. Coinpedia
©✓Goldilocks
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It’s time for gold to begin to shine. Governments have been buying it. Central Banks have been buying it. The World Bank has it. And, the IMF has it.
The wealthy are beginning to buy gold. Credence and honor to this well-deserved metal is now being made known in the retail sector.
“Consumer spending consistently accounts for about 70% of the U.S. economy.”
People are waking up to the fact that the government is not going to save them going forward. The geopolitical tensions and debt among countries and within people’s own countries are the driving force of this new trend.
As people wake up to the power of gold and other commodities, the number of people purchasing these precious metals are beginning to see it’s real value like never before in history. Reuters Investopedia
© Goldilocks
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Gold is pricing in money printing. When the FED begins to lower interest rates, the value of gold begins to increase all assets that it supports.
At this time, many of our new Digital Assets have gold baked into their values. Inflation is continuing to climb causing many distortions into our assets across every sector of the market.
These distortions are expected to be replaced gradually with new digital assets backed by gold giving our economy a real value to work with going forward on the QFS.
These next few months can be characterized as a replacing of the old economy with a new economy based on gold as money moved across continents under a new Digital Financial Framework.
Everything is about to turn to gold. “All roads lead to gold and gold will set us free.” NASDAQ
© Goldilocks
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“The Ministry of Oil has announced a reduction in oil exports to an average of 3.3 million barrels per day (bpd) for the coming months, aimed at absorbing the recent increase in Iraq’s production recorded in January and February.”
New price valuations are coming for the oil sector, and placing tight regulations on a certain amount of production allows for the assessment of new values to be accurately assessed.
The next few months will give us an idea how oil reacts to new predetermined price valuations that will be placed on it based on trading in new local currencies backed by gold above and beyond working with a predetermined price of the dollar in exchanges correlated with a programmed value placed on their own currency.
At this time, Iraq is able to test and measure their own currency’s value based upon new exchange mechanisms being placed inside the new digital economy. These new valuations will be tested in the New World and the New Global Digital Economy. Iraq Business News
© Goldilocks
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Amid Weak Demand for Existing Homes, Active Listings & Price Reductions Jump, Listing Prices Weaken | Wolf Street
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SEC Adopts Expanded Exchange Act Dealer Rules: What Do the New SEC Rules Mean for DeFi? | BCLP – JDSupra
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“Imagine a world where combatant commanders can see everything they need to see to make strategic decisions,” Martell said in painting a picture of the AI-enabled future for the audience. “Imagine a world where those combatant commanders aren’t getting that information via PowerPoint or via emails from across the [organization] — the turnaround time for situational awareness shrinks from a day or two to 10 minutes.” | Defense News
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Ukraine’s survival in danger, Pentagon chief warns | Yahoo News
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US-based Central Bank taps TCS for core banking upgrade – FinTech Futures: Fintech news
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(Madison, Wisconsin) – The Wisconsin Senate has voted in favor of Assembly Bill 29 to end the sales tax on purchases of gold and silver. Joining the state Assembly, which overwhelmingly voted to approve this law last week, Senators voted 23-9 in favor of this pro-sound money legislation. The bill will now be transmitted to Gov. Tony Evers for his signature. Sound Money Defense
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Mexico Central Bank Delivers First Interest Rate Cut Since 2021 – Bloomberg
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Bank of England’s Quick Pivot Puts June Rate Cut in Focus | Finance Yahoo
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IQD Exchange Rate Iraq IMF Report on CBI Latest News Weeks End 3/ 22 /24 Anti-Aircraft Weapons | YouTube
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From today’s information, it looks like they are accelerating timelines for Stablecoins.
© Goldilocks
