“New Global Digital Economy” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 3-11-23

Goldilocks and Seeds of Wisdom

Goldilocks posted comments and a link:

CFTC Staff Announces Modifications to the Technical Specification for Parts 43 and 45 | CFTC

Swap data repositories (“SDRs”) are new entities created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).

These are set in place to provide a central facility for swap data reporting and record keeping.

As of Friday, banking systems are now able to use the new Unified Payment Interface (UPI) on the QFS for foreign currency swaps.

Two final modifications have been approved and completed. These modifications are the following:

“Implement UPI for credit, equity, foreign exchange, and interest rate asset classes to continue aligning reporting requirements with international standards developed by the CFTC and other global regulators; and

Provide clarity to market participants with respect to compliance obligations.”

Goldilocks:  Here we go. Since we have moved into a gold-backed setting since the first of the year, the Commodity Futures Trading Commission will be overseeing these events.

It is time to prepare ourselves for the Old Guard to fall, and the new Quantum Financial System to raise us from the ashes.

https://www.cftc.gov/PressRoom/PressReleases/8673-23

© Goldilocks

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Goldilocks posted this article:

CFTC Chairman Says Ethereum Is A Commodity – Bitcoinik
https://bitcoinik.com/cftc-chairman-says-ethereum-is-a-commodity/

To read more from Goldilocks join the telegram room.

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Goldilocks’ Telegram Room
https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks

Source: Dinar Recaps

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Goldilocks posted comments with a link:

“Nine banks and three central banks participated in testing Swift’s API-based CBDC connector across two blockchain networks and fiat-based payment systems.”

The digital dollar has been tested (12 weeks) and ready to be implemented inside the new Global Digital Economy being activated on March 20th 2023.

Swift Concludes 12 Weeks of Tests on CBDC Interlinking Solution – Regulation Asia

https://www.regulationasia.com/swift-concludes-12-weeks-of-tests-on-cbdc-interlinking-solution/

© Goldilocks

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Goldilocks posted the following YouTube video, but it is no longer available.  Maybe the title will be enough to explain when looking at all the articles as a whole!

ALERT! Gold & Silver Money COMING as Fed Has to ACT to SAVE ALL BANKS…Watch Next Week!! (Bix Weir)    https://youtu.be/HWjV4mxHvFc 

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Goldilocks posted several relevant articles with a comment in between:

The Silicon Valley Bank crisis will force the Fed to slash rates by 100 basis points to prevent contagion, market guru says

https://markets.businessinsider.com/news/stocks/silicon-valley-bank-crisis-fed-rate-cuts-bank-run-contagion-2023-3

 I won’t say this is going to happen right away, but it is about to happen. Be ready for price action changes across all market sectors, department stores, and more.

Everything is about to go to real values.

© Goldilocks

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What Comes After The Great Liquidation?

https://www.zerohedge.com/markets/what-comes-after-great-liquidation

Goldilocks posted an article from the Federal Reserve with comments:

Matter(s) to be Considered:

1. “Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.”

A discount rate is an interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank’s lending facility.

This is another way of saying that Banks and other financial institutions are undergoing a restructuring of their debt.

It is a formal announcement indicating that the Federal Reserve is in process of resetting a financial economy.

© Goldilocks

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Goldilocks’ Telegram Room
https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks

Source: Dinar Recaps

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