Goldilocks’ Comments and Global Economic News Saturday Evening 10-14-23
Good evening,
Currently, the entire Global Economy is going into a recession, and the shift in our economy will bring forth new values in assets held down for a very long time.
Gold does very well in a recession. It will serve as the bridge between this economy and the next.
As we get closer to the end of Protocol 20 testing, our new tokenized assets backed by the Commodity Market will begin to bring forth new values in the marketplace. Some will call this a market crash in some sectors as others do well. In essence, our new tokenized assets will just simply be going to a real value.
When the dust settles, price correlations will begin to form in the currency markets that include gold and silver as money. This is when currency interventions take place.
Remember, we talked about this a week to a week and a half ago. The dollar is going to shift into more Capital requirements for the dollar in gold.
This could shift price correlations between the dollar and gold between now and November the 1st when these new requirements are implemented.
Many countries around the world are doing the same thing, and the Forex Market that is currently showing distortions in current prices will begin to level the playing field over time.
© Goldilocks
Lyn Alden Newsletter Link
World Bank Link
Bloomberg Link
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URGENT: Jim Rickards Predicts MAYHEM In 24 Days
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JUST IN: Ferrari begins accepting crypto payments for its cars.
@WatcherGuru
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“The G20 nations collectively accept the regulatory roadmap as proposed by the IMF-FSB paper for crypto oversight.
The review of the proposed measures implementation status is expected by the end of 2025.”
The above quote basically means that we can start our crypto implementation when the testing period of Protocol 20 is done and voted on. It is a Global Banking announcement that G20, Financial Stability Board, and the IMF will be helping us move forward through their guidance.
We will be inside an evaluation period between now and 2025, but we have been given the green light to move forward with our new economy inside a digital asset-based trading system.
The G20 meets regularly to form policies on global trade, health, climate, and other issues. They are the World’s wealthiest group of countries that come together in regulating our Global Economy.
As we wind down the testing period of Protocol 20 this month, look for the banks and markets to coordinate new prices in every sector of the market.
© Goldilocks
Benzinga Link
CFR Link
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SEC Adopts Rule to Increase Transparency in the Securities Lending Market
https://www.sec.gov/news/press-release/2023-220
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IMF says ‘weak tail’ of banks could struggle in an economic downturn
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How interest rates are sinking U.S. banks’ ambitions – Cryptopolitan
https://www.cryptopolitan.com/interest-rates-sinking-us-banks-ambitions/
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JPMorgan Tokenized Collateral Network Launches With BlackRock-Barclays Trade Unchained Crypto Link
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IMF teaches Central Banks on managing inflation expectations
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Shanghai gold prices spike after holiday week, supporting global rally
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Transcript of IMF Managing Director’s Press Briefing on the Global Policy Agenda
IMF Link
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Treasury bond auctions have been ugly lately, and weak demand could be a ‘canary in the coal mine’
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I have been told to be on high alert next week. It could be anything, so I ask that you not take this as calling an RV.
© Goldilocks
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