GOLDILOCKS
There is currently a lot of cash building in the markets from traders who are building their portfolios in Gold backed ETFs and the mining sectors of the market.
Cash building in gold is the current trend for Professional Traders and the Retail Market. It gives an investor collateral for the trades he or she would like to make, and even, investments made outside of the marketplace.
It is becoming increasingly clear that the sentiment for the Retail Market is over the counter products in physical gold.
The growing popularity for cryptocurrency over Fiat money is beginning to gain traction as institutional money is moving their assets around on the Traditional Market in preference for new digital assets onboarding to the new digital asset based trading system.
The purchasing of Tokenized Assets is a ground floor opportunity and big money is piling into the fray being pulled from two directions right now on the opportunities the market provides.
Currently, we have Bitcoin and Ethereum ETFs. These digital asset opportunities are considered commodities, and big money is placing their bets on their success.
The first one is a storehouse of value and the second transacts Market values through Smart Contracts. Look for Ripple ETF to join in the mix soon to provide a Payment Network to move Bitcoin and Ethereum opportunities across all sectors of the market as a liquidity coin.
When the QFS is clearly established with regulations and laws to govern the new digital system, the trend toward OTC products is likely to reverse as consumers begin to realize we are back on a Gold Standard with a set of Digital Protocols on assets and stablecoins that shows a consistency toward potential for growth.
Gold will set us free.
© Goldilocks
https://www.kitco.com/news/article/2024-05-22/signs-global-gold-standard-gaining-traction-steve-forbes?utm_campaign=Newsletter%20-%20May%2024%2C%202024&utm_content=Reshaping%20the%20global%20gold%20market&utm_medium=email&utm_source=kitco
https://coinpedia.org/news/why-xrp-etf-approval-could-be-imminent/
https://www.reuters.com/technology/us-sec-approves-exchange-applications-list-spot-ether-etfs-2024-05-23/
https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/BitcoinFuturesETF.html#:~:text=A%20bitcoin%20futures%20exchange%2Dtraded,acts%20as%20a%20commodity%20pool.
https://www.kitco.com/news/article/2024-05-24/gold-has-new-momentum-its-utility-grows-global-trade-franklin-templetons?utm_campaign=Newsletter%20-%20May%2024%2C%202024&utm_content=Reshaping%20the%20global%20gold%20market&utm_medium=email&utm_source=kitco
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