Timing
- Tues. 30 April: According to Goldilocks a market reset will now happen across all sectors, including Forex.
- Wed. 1 May Day – A new Beginning.
- On Thurs. 2 May if a bank was not Basel 3 Compliant, they would either be closed, or absorbed by another bank. The Central Bank of Brazil would launch their new “international banking” system. EBS Test?
- Sun. 5 May Orthodox Easter
Effective April 30, 2024, the Depository Trust Company is giving us a notice. They’re telling us that their coverage for settlement risks in assets or securities that are not collateralized could be at risk in a market moving into real values.
- Corporate notes or bonds are moving from 50% to 70% haircut value. Cryptocurrencies have a haircut value potential of 100%, and this includes Bitcoin.
- In other words, any asset going forward that is not backed by a commodity has a haircut value risk when the market resets into a new set of values based on Real World Assets.
- What are we being told could happen after April 30th, 2024? A market reset across all sectors of the market including Forex.
Global Currency Reset:
- On Tues. 23 April an announcement was made on the official website of the Central Bank of Brazil about the advent of a new “international banking” system scheduled to launch on May 2, 2024.
- The Iraqi Dinar was the Kingpin that would launch the Global Currency Reset of 209 countries. “The Governor of the Central Bank of Iraq has told the citizens to prepare for a currency exchange.” …TNT Tony
- On Fri. 26 April The National Bank of Iraq Went Live with Core Banking and Payments: https://www.temenos.com/news/2024/04/25/national-bank-of-iraq-goes-live-with-temenos-core-banking-and-payments/
- Sat. 27 April 2024 Iraqi Dinar is Done…Wait for it: https://youtube.com/shorts/uDHJMobFA8w?si=ysimCGFOCCV6q6R2
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