Goldilocks’ Comments and Global Economic News Thursday Evening 3-21-24

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Goldilocks’ Comments and Global Economic News Thursday Evening 3-21-24

Good Evening

European Blockchain Announcement:

“We are thrilled to share the news that Dusk has entered into an official agreement with NPEX, marking the launch of Europe’s first blockchain-powered security exchange to issue, trade, and tokenize regulated financial instruments. Such a unique commercial partnership between a regulated financial entity and distributed ledger technology (DLT) is a significant achievement for both Dusk and the broader cryptocurrency sector. It establishes a foundational step towards achieving our goal of making real-world assets accessible on-chain for everyone.”

Here comes real-world assets onto a blockchain utilizing Decentralized Ledger Technology regulated and secured through a partnership between Dusk and NPEX. It is a movement beyond Bitcoin ETF to Traditional ETFs.

It is an exchange where stockbrokers and traders can buy and sell securities, such as stocks, bonds and other financial instruments.

This new blockchain is regulated and designed to move tokenized assets across all sectors of the market inside the new digital asset-based trading system.  Venture Beat   Dusk Network

© Goldilocks
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For over 15 years, Bitcoin has been a highly speculative digital asset. A speculative asset moves primarily with the emotions of the people who decide to buy assets such as these inside a non traditional banking system.

Bitcoin and other cryptocurrencies are currently being regulated, and they are being incorporated into the new digital market system.

This is a movement from speculation to utility case scenarios. Utility case assets such as electricity, gas, and other use case scenarios supports an economies’ infrastructure.

This gives validity and purpose to virtual currencies creating solid opportunities inside a supply and demand market. For these reasons, cryptocurrencies are essentially an idea whose time has come.

© Goldilocks
Stealth EX
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Stablecoin Bill Announcement:

Both Rep. Patrick McHenry and Sen. Cynthia Lummis said there’s a potential path for a stablecoin bill on Congress this year, though they couldn’t say when it could happen.


The U.S. Senate has been trailing on the stablecoin issue, without any committee work yet on a bill.

U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a scheduled floor vote.   CoinDesk

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OCC Symposium on the Tokenization of Real-World Assets and Liabilities | YouTube

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The Bitcoin Halving Really Is Different This Time | CoinDesk
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Federal Reserve Board – Federal Reserve issues FOMC statement | Federal Reserve

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Financial Review – Business, Finance and Investment News | afr.com 
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Shocking Clip From 1929 That They DON’T Want YOU To See | Youtube Shorts

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👆 Not saying this is going to happen to us, but it is a good reminder that holding good assets such as foreign currency, gold, silver, digital assets are important.
No one knows how this will end, it’s just good to be prepared.

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ZURICH, March 21 (Reuters) – “The Swiss National Bank cut its main interest rate by 25 basis points to 1.50% on Thursday, a surprise move which made it the first major central bank to dial back tighter monetary policy aimed at tackling inflation.”  

In a surprise move, the Swiss Central Bank cuts rates. This puts them ahead of their Global peers in tackling inflation. Monetary policy changes that impact national interest rates changes the value of that country’s currency.

Here is what we can expect. This will cause other countries to do the same. It will cause more inflation and bring more money into the markets, so governments can buy their debts. Currency values will shift to a point of needing a reset along with gold and digital assets already beginning to formulate new price pressures.

Do you remember about 2 years ago when I shared with you that gold and the dollar would rise together in the end game? This is how that happens. The system will break, and gold will fix it.

Gold will also become the bridge into the new digital economy backed by gold. We are in the final stretch.  Reuters

© Goldilocks

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Gold is one of many assets that can be considered a National Treasure.

© Goldilocks 😉


2023 Preakness Stakes overhead cam: Watch National Treasure win |  YouTube

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“The naira has shown signs of strengthening in the official foreign exchange (FX) market, currently quoted at N1,560.57 to the dollar.

This improvement reflects a 0.79 percent appreciation from the previous day’s rate of N1,572.86 at the Nigerian Autonomous Foreign Exchange Market (NAFEM), highlighting the impact of recent FX reforms.”

We talked about this a week ago. The Naira currency in Nigeria going to a supply and demand regimen for their currency. Decoupling from the dollar and moving to a free-floating rate is the path they have chosen for their Forex Reforms.

Their new connections to the BRICS system will create even more demand for their oil and other commodities. It is why we are seeing currency value changes for that country begin to follow the market and not a dollar regimen.   Naija News

© Goldilocks

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Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence – The New York Times

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(Kitco News) – High prices are choking India’s consumer gold demand even as imports, ETF inflows and central bank purchases surge, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC). 

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The heads of the House and Senate appropriations committees dropped the last massive funding package of the current spending cycle early Thursday morning, finally teeing up an end to the long-delayed spending fight. 

The roughly $1.2 trillion package includes funding for six agencies, the Pentagon, Department of Homeland Security, State and Foreign Operations, Legislative Branch and Services, Financial Services, and Labor. Those agencies constitute the lion share of government funding, or about 70% of Congress’ constitutionally obligated funding responsibilities.

Congress has until Friday at midnight to vote on the package to avert a partial government shutdown.  
Washington Times

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Don’t be surprised if you don’t see a lot of volatility going forward in the Commodity Market. A lot of buying and selling goes on to pay off debts during times like these. I would encourage you to be careful because market trends do not apply during times of war and monetary crisis. Another reason why it will be reset in the end.
© Goldilocks

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XRP AMM PUMP *LIVE* | YouTube

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US Lawmakers believe crypto regulation could become law by Election Day | Substack
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Tokenized movement will be worth trillions — Sweat Economy co-founder | Cointelegraph

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XRP News Today: SEC’s Appeal Plans Loom Over XRP Amid Fed Relief | Nasdaq | FX Empire

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