Goldilocks’ Comments and Global Economic News Thursday Evening 1-4-24

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Goldilocks’ Comments and Global Economic News Thursday Evening 1-4-24

Good Evening Dinar Recaps,

Banking Announcement:

HSBC Launches Tokenized Gold

“One of the largest bullion dealers in London, HSBC Holding, has launched tokenized physical gold trading on its single-dealer platform. The new capability will keep ownership records of the physical gold on a distributed ledger. The new service works with the bank’s Orion platform—which issues digital assets—and its digital custody service, slated to go live in 2024.”

HSBC Bank is offering the ability to buy gold tokenized assets. The benefit of this Digital Ledger Program is that you can buy small quantities of gold and build on your portfolio as you have the money to do so.

Your gold will be held on a Digital Ledger service allowing you to hold physical gold through a banking system.  This indicates a shift in our monetary system. A system whereby gold backs both our markets and our banking system going forward.  Is a clear indication that we are moving out of a Fiat system and into a Gold Standard Economy.      https://gfmag.com/banking/hsbc-launches-tokenized-gold/

© Goldilocks

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Iraq is in the process of bringing in non-banked financial institutions into the new digital banking system.

They are achieving this goal through a series of educational offerings surrounding new banking reforms that will help this transition into the banking sector from those outside of it.


© Goldilocks
https://cbi.iq/news/view/2495

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Recently, we have been receiving several pieces of news that give indication that currencies will begin to float up this year.

Will they float to their real value in 2024?

This remains to be seen. It is more important that this year of transition be one whereby exchange rates are tested on the markets and weigh in their worth through the banking system against other currencies.

It is a process whereby the synchronization of the entire Global Economy is currently in play.

We already know that the Indian Rupee has come out and voiced that they expect their currency to trade against the US dollar at 80 to 82 cents by the end of the year. Many countries are expected to bring in their projections soon.

It is important that we develop strategies on what to do in exchanging our currencies as more news develops.

© Goldilocks

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FORM 8-A

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES

PURSUANT TO SECTION 12(b) OR (g) OF THE 

SECURITIES EXCHANGE ACT OF 1934

GRAYSCALE BITCOIN TRUST (BTC)

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IMF Chief Says Fed Is ‘Definitely’ Securing Soft Landing, Warns of Fragmentation   

BNN Bloomberg Link

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Unlocking the potential of regulated digital assets

As the regulatory frameworks for the tokenisation of securities continue to evolve, market participants need to get to grips with the requirements of new asset classes and new ways of managing existing asset classes.

Fostering real change will be a process and the industry is likely to take an incremental approach, experimenting with distributed ledger technology and digital asset processes in regulated environments to build a resilient, compliant, and sustainable digital asset space.

https://www.ledgerinsights.com/bnp-paribas-regulated-digital-assets/

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Basel Committee Proposes Revised Criteria for Stablecoins’ Risk Treatment
https://www.coinlive.com/news-flash/402190

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Ethereum’s Role in Tokenization: From ICOs to Tokenized Securities

Ethereum, the second-largest blockchain by market capitalization, has played a pivotal role in revolutionizing the way assets are owned and exchanged through tokenization.

This process involves representing real-world assets, such as physical goods, securities, and intellectual property, as digital tokens on a blockchain like Ethereum (https://www.binance.com/en-NG/price/ethereum).

These tokens can then be easily traded, fractionalized, and managed, opening up a vast array of possibilities.  The Nation Newspaper Link

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JUST IN: VanEck files registration of securities with SEC for its spot Bitcoin ETF.  @WatcherGuru

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Watch for the crypto markets and the currency markets to move in tandem with each other throughout this year as they find their real values based upon real numbers supporting these two asset classes through gold.

Solid numbers allow the Quantum Financial System of Technologies to operate with specific/real numbers designed to level the playing field securely, efficiently, and fairly.

© Goldilocks

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FORM 8-A

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES

PURSUANT TO SECTION 12(b) OR (g) OF THE 

SECURITIES EXCHANGE ACT OF 1934

VANECK BITCOIN TRUST

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MARKET MAKERS HAVE BEEN PREPARING FOR MONTHS TO ENSURE THE CRYPTO MARKET HAS ENOUGH LIQUIDITY FOR THE FLOOD OF INVESTMENT MONEY THAT WILL POUR INTO THE CRYPTO MARKET IF THE BTC ETF APPROVAL IN NEXT FEW DAYS  

Twitter Link

FORM 8-A

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES

PURSUANT TO SECTION 12(b) OR (g) OF THE 

SECURITIES EXCHANGE ACT OF 1934

VALKYRIE BITCOIN FUND

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Are you starting to get the picture with all of these spot Bitcoin ETFs?

Do you see how they are about to transition the global markets into a digital economy?

We have been talking about this the last few weeks.

@ Goldilocks

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A report published by research firm Matrixport opining that the spot bitcoin ETF applications in queue would be rejected was widely disseminated by news outlets and caused widespread panic and massive liquidations across the entire space.

These were the largest liquidation levels since the infamous “Cointelegraph Intern” post several months ago that caught short sellers offside. The founder of Matrixport claimed that the dissemination of their analysis was outside of the firm’s control and was simply the opinion of one of the firm’s analysts.

Cointelegraph Link

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