Goldilocks’ Comments and Global Economic News Wednesday Eve 9-27-23
Good afternoon,
TOP 10 COPPER PRODUCING COUNTRIES
1. Chile
2. Peru
3. The Democratic Republic of Congo
4. China
5. United States
6. Russia
7. Indonesia
8. Australia
9. Zambia
10. Mexico
Without more copper, you can’t have a green transition.
Electrification is expected to raise yearly copper demand to 36.6 million metric tons by 2031, while supply is projected to hit 30.1 million tons, resulting in a 6.5 million ton deficit at the beginning of the next decade…
Read full article: https://x.com/goldtelegraph_/status/1706874383283970062?s=460
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BREAKING NEWS
CHINESE INVESTORS LIFT GOLD PRICE PREMIUM OVER WORLD MARKET TO RECORD LEVEL
The world’s biggest producer of gold.
What a show.
Read: https://x.com/goldtelegraph_/status/1706919853716828471?s=46
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Are Credit Unions Ready for Cryptocurrency?
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Industry Desk:
“One in three countries around the world are now at high risk of a fiscal crisis, UN Secretary-General António Guterres says, as review shows trillions of dollars are needed to achieve Sustainable Development Goals (SDGs).”
In other words, we have a liquidity problem. A budget crisis is when you have legislative and executive issues taking place in a presidential governing body.
Countries around the world are so intertwined with each other that when one country does not do well it affects other countries.
In order for a country to do well in fulfilling their sustainable goals that allow their country to continue operating well, there has to be cooperation between legislative bodies and executive bodies to carry out the needs of a country’s infrastructure.
We have over 30% of our world basically not functioning well. This takes a toll on the global economy and every single Market within it.
This is when Global economies begin looking at ways to transition their efforts into new innovative ways of bringing their markets into balance.
The QFS changes the way market systems work together collectively and individually, and why, we are currently going through a Global Currency Reset.
© Goldilocks
https://dailyindustry.news/1-in-3-countries-at-high-risk-of-fiscal-crisis-un/
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DTCC & Others Want Ops Standards for Digital Assets
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Market Announcement:
Beijing and Shanghai authorities announced measures that allow investment capital from foreign investors to freely flow in and out of China.
RegulationAsia Link
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Stocks that drove rally are now down 10%
The US stock market rally in the first half of 2023 was built on technology stocks as investors bet on the resilience of US consumers and excitement around artificial intelligence to drive stocks higher.
However, that support has fluctuated as the US Federal Reserve aims to keep rates above 5% for the next year and declining consumer confidence triggered a sell-off.
The broader S&P 500 index fell 1.5% on Tuesday to its lowest level since June 7.
The major selloff came in the technology sector, where a strong decline sent the S&P 500 Information Technology Index down more than 10% from its July high.
Meanwhile, consumer confidence fell to a four-month low, indicating cracks in the economy’s main engine.
Here it begins
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Investigating the Role of Central Bank Digital Currencies as Global Reserve Assets
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Tokenization: Overview and Financial Stability Implications
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The Dollar Will Die Within 4 Weeks…
👆 I will talk more about this tomorrow.
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UST IN: 🇺🇸 US Congress members ask SEC Chair Gary Gensler to approve Spot Bitcoin ETFs.
@WatcherGuru
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JUST IN: 🇺🇸 SEC Chair Gary Gensler says #Bitcoin is not a security, but refuses to say it’s a commodity.
@WatcherGuru
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JUST IN: 🇺🇸 US Congressman says SEC Chair Gary Gensler refuses to be transparent about his interactions with FTX & Sam Bankman-Fried, warns of subpoena.
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JUST IN: 🇺🇸 US Congressman slams SEC Chair Gary Gensler for attacking crypto.
@WatcherGuru
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JUST IN: 🇺🇸 US Congressman calls to fire SEC Chair Gary Gensler, citing abuse of power and pushing woke political agenda.
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Indonesia reiterates call to reform global financial system – Asia News NetworkAsia News Network
https://asianews.network/indonesia-reiterates-call-to-reform-global-financial-system/
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CFPB Emphasizes that AI is not Above the Law
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‘Hyper-partisanship’ on CBDCs hinders crypto lawmaking: Circle exec
Blockworks Live
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JUST IN: 🇺🇸 US Congressman Matt Gaetz introduces bill to stop sending taxpayer money to Ukraine.
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