Goldilocks’ Comments and Global Economic News Friday Evening 1-26-24
Good evening ,
The World Trade Organization has been working on reforms for some time. In the past, it has been believed that this organization has favored the larger countries. Attempts have been made to reconcile some of the mechanisms to create a “More Level Playing Field” among the smaller countries.
In 2024, a renewed mechanism is at play to settle some disputes among countries feeling the need to call into question certain trades that have been favored towards larger countries over their own.
With the upcoming 13th Ministerial Conference (MC13) in February, a meeting with several representatives from around the world to talk and implement a new mechanism put into place called the “appellate mechanism.”
The appellate mechanism is governed by seven people who will make decisions on disputes that are called into question. Last year, I shared with you how foreign exchange rates were being reformed within the WTO. Now, we are witnessing many trade products being brought to the table for adjustments throughout this year.
These adjustments to trading prices and foreign currency exchange rates are coming at a time whereby the new rules and regulations inside the banking system that are coming into play on March the 11th, 2024 are timely. JD Supra WTO
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You might want to start trying to understand what a “unit of measure” and “storer of value” is in gold. Our new currency values will be determined by these references.
The term “unit of value” was recently used on the Debt Clock, and it is giving us a clue as to how our new monetary system is going to measure monetary values going forward that will give us a Global Currency Reset based on these new values.
Each week, “Freedom Fighter” opens up a room for discussion utilizing the Debt Clock as a source for topics giving us clues about the new monetary system. The symbol or coins above was on the last discussion and gives us an idea of where the powers that be are taking us inside the new monetary system.
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GoldFellow
US Debt Clock
Congress Link 1
Congress Link 2
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25 JAN, 18:50 Russia, Ukraine show readiness to cooperate IAEA
The diplomatic engagement continues, Grossi added
UNITED NATIONS, January 26. /TASS/.
The governments of Russia and Ukraine demonstrate readiness to cooperate with the International Atomic Energy Agency (IAEA), the organization’s Director General Rafael Grossi said after a UN Security Council briefing on the Zaporozhye Nuclear Power Plant (ZNPP).
“Yes, I would say by and large, yes,” the IAEA chief said when asked whether the IAEA was getting the cooperation it needs from the Russian and the Ukrainian authorities.
“Of course, there are moments of frustration, mine and theirs, I guess, because sometimes, when I say things they don’t appreciate, or they would prefer me to say differently. There is tension there, but this is a little bit what the IAEA is all about,” the official continued.
However, the diplomatic engagement continues, Grossi added. “I think, this is what we need. We need diplomacy,” he said. https://tass.com/world/1737561
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Will the bank term funding program be extended?
The Federal Reserve is likely to allow its Bank Term Funding Program to expire on March 11, 2024, rather than renew the banking crisis-era lending program, according to commentary from Wrightson ICAP. Dec 26, 2023 Seeking Alpha
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What is bank term funding program?
Program: To provide liquidity to U.S. depository institutions, each Federal Reserve Bank would make advances to eligible borrowers, taking as collateral certain types of securities. 2 days ago
Federal Reserve
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What is the band term funding program?
The Bank Term Funding Program (BTFP) was created to support American businesses and households by making additional funding available to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. Federal Reserve
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Now, let’s take a look at why the “Bank Term Funding Program” that’s going away providing liquidity to our banks is so important. We have talked about this over two weeks ago, but I have yet to hear many people explain the importance of this in moving towards the new system.
Will it be easy? No, but it will be worth it.
On March 11th, 2024, this will be a shift in capital requirements to sustain our banking system going forward from BTFP to Basel 3. It will put a tremendous stress on gold in making this shift.
Let’s put some of the pieces together. By that time, we will have tokenized assets that are backed by gold and other commodities already on the market trading in the new Digital Asset-Based Trading System.
This will create a demand for gold to go into a real value and our tokenized assets across all sectors of the market to move into their new prices because of it. It includes the Forex Market where you and I hold many of our currencies from around the world.
Since our assets across all Market sectors have been inflated for such a long time, it will require value adjustments to take place shifting our financial system from a stock market to a commodity Market led system.
Here, our stock market and banking system will be synchronized and coordinated by our new Basel 3 requirements. It won’t take place all in one day, but the process will begin. Federal Reserve
© Goldilocks
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CFTC Customer Advisory Cautions the Public to Beware of Artificial Intelligence Scams | CFTC
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CFTC Staff Releases Request for Comment on the Use of Artificial Intelligence in CFTC-Regulated Markets | CFTC
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Prices of New Houses Drop to 2-Year Low | Wolf Street
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This is why XRP kills swift 😳 #crypto #xrp #bitcoin #shorts
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Plaid is Everywhere in Fintech Today | Fintech Nexus
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Release No.: IC-35117 <-SEC pdf file Date: Jan. 26, 2024
Details: Notice of Applications for Deregistration under Section 8(f) of the Investment Company Act of 1940
BNY Mellon International Securities Funds, Inc. 811-07502
Corbin Multi-Strategy Fund, LLC 811-22517
EQ Premier VIP Trust 811-10509
Fiera Capital Series Trust 811-23220
JPMorgan Insurance Trust 811-07874
Strategas Trust 811-23608
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Tucker Carlson Interviews Governor Greg Abbot on the Border Crisis in Texas
Confirmed: 10 states have sent NG or other law enforcement to protect our border!
“There have been about 10 [states] so far that have sent National Guard or other law enforcement. They now are joined together with us and this is a fight for the future of America,” Abbott said.
https://t.me/c/1545617426/74292
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