Goldilocks "The Trigger For Gold is About to be Set and Pulled" 5-18-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted comments and links this morning:
We are continuing to see a lot of de-dollarization take place. This is leaving a vacuum that has to be fulfilled in propping up other currencies around the world, especially in the East.
Many of these countries are already beginning to prop up
their National Currencies with gold.
The trigger for gold is about to be set and
pulled.
It looks like we are going to see a slingshot move
to the upside. In order for a rock to sling forward on a slingshot, it has to
be pulled back creating tension on the sling causing the rock to propel forward
very fast.
At the same time, this will cause a reaction in the
markets as assets will look to find support. There will be an attempt for the
dollar to do what it can no longer do, and this is where gold will step in to
fulfill its new role.
I expect this process to take around 4 to 6 weeks.
© Goldilocks
https://youtu.be/dm5C8SIPBiE
We
now have a wind-down process in place for the markets and a building-up phase
taking place to liquidate the new markets.
Banking protocols are now in place to support the market
as they transition. New guidelines have been formed to make this transition as
smooth as possible by the SEC.
On the other hand, we have the CFTC forming new guidelines
for currency swaps and other assets. Exchange centers are expected to register
with the CFTC for their ability to do so.
Many exchange centers have already done this process, but
new ones are forming and expected to follow these new guidelines.
DCR or Debt Coverage Ratio staff will be a part of this
process to make sure both parties in an exchange have appropriate debt coverage
ratios to fulfill an order.
The two press releases I am sharing with you goes over in
a little more detail what has just been stated.
© Goldilocks
https://www.sec.gov/news/press-release/2023-95
https://www.cftc.gov/PressRoom/PressReleases/8705-23
~~~~~~~~~~
"Stellar’s smart contract gets massive
engagement as it prepares to launch on the mainnet."
Stellar is attracting thousands of developers engaged in
securing placements for their digital assets on this new smart contract
platform developed by XLM.
This new smart contract digital ledger transmission system
(Soroban) will ensure secure payments on both sides of an execution in trade.
This is the final phase of the QFS that is in
process of being tested and soon to be interfaced with all the quantum
computers ready to go live around the world.
It is important that you understand the above information
because it will complete the final process necessary to run the QFS.
I will be monitoring this testing phase for it's
completion as it will finalize the new digital asset-based trading system and
allow us to move forward with our new Global Economy.
© Goldilocks
