"CENTRAL BANKS ALL OVER THE WORLD CONTINUE TO FOCUS ON ACCUMULATING GOLD" BY GOLDILOCKS, 12 APRIL

 GOLDILOCKS

We are at the place where Credit Valuation Adjustments are about to begin. 

The process will be monitored and assessed throughout most of this year and as new changes take place.

Look for all sectors of the market to be involved in this process such as banking systems and Forex.

Central Banks all over the world continue to focus on accumulating gold. Utilizing Gold as a World Reserve Asset makes this asset a matter of time before a country or countries of significant influence will build upon it's fixed value into their currency. 

The BRICS Nations have been looking to do this for some time in the creation of and use of a trading currency that would appeal to all countries around the world. 

Sprinkle a little gold dust on this new currency, and you will have a standard by which all trading protocols can be measurable on the QFS and utilized as a bridge asset through a digital asset backed by GOLD such as XRP.

© Goldilocks

https://www.risk.net/definition/credit-valuation-adjustment-cva#:~:text=Credit%20valuation%20adjustment%20is%20a,possibility%20of%20a%20counterparty's%20default.

Gold Silver and Crypto update for 04/11/24 - Wow update from Monica and ...BY PIMPY

Turkey announces the formation of a ministerial council between “Ankara and Baghdad” to follow up on the “development road” project, 12 APRIL

Turkey announces the formation of a ministerial council between “Ankara and Baghdad” to follow up on the “development road” project

Shafaq News / Turkish Transport and Infrastructure Minister Abdulkader Uraloglu revealed on Friday a (Turkish-Iraqi) decision to establish a joint mechanism similar to the “Ministerial Council” to follow up the “development road” project.

Uraloglu said in a statement that the visit, which President Recep Tayyip Erdogan is planning to conduct, to Baghdad, at the end of this month, will address issues that will enhance cooperation between the two countries in the “development methods” project.

The “development road” is an economic project aimed at connecting Iraq with Turkey through land and railway routes with the aim of transporting goods between Europe and the Gulf countries.

Uraloglu pointed to the taking of important steps over the past year on the “development path”, and the holding of ministerial negotiations between the two countries to develop cooperation.

In this regard, Ankara hosted technical talks under the supervision of the Ministry of Transport and Infrastructure, with the participation of representatives from the Turkish Ministries of Foreign Affairs and Trade, and an Iraqi delegation, including representatives from the Prime Minister, the Ministry of Transport and the General Authority of Customs.

“As a result of our regular meetings with Iraq, we have decided to establish a mechanism similar to the Ministerial Council between the two countries,” he added.

Uraloglu pointed out that in the past period he held talks with his Iraqi counterpart Razak Mheibis Al-Saadawi, during which they agreed to start establishing the mechanism along the lines of the ministerial councils between Turkey, Hungary and Serbia.

He explained that they are waiting for the participation of the UAE and Qatar along with Turkey and Iraq in the Ministerial Council.

https://shafaq.com/ar/اقتصـاد/تركيا-تعلن-تشكيل-مجلس-وزاري-بين-انقرة-وبغداد-لمتابعة-مشروع-طريق-التنمية

BRICS NATIONS BY GOLDILOCKS, 12 APRIL

 Thurs. 11 April BRICS Nations, Goldilocks

BRICS refers to certain emerging market countries—Brazil, Russia, India, China, South Africa, and more—that seek to establish deeper ties between member nations and cooperate on economic expansion, including trade. The countries act as a counterbalance to traditional Western influence.”

When the BRICS Nations become strong enough to have a trading influence equal to or greater than the Western Culture, there will be bilateral agreements “only” as a reason for us to sign documents in the near term. 

This is expected to change in about two decades when the BRICS Nations are expected to be strong enough to overtake the dollar. The transition of the dollar is expected to be a slow process. In the meantime, the Dollar Act is in process of moving through Congress to support this transition.

To have a (digital) currency  strong enough to challenge the dollar or equal within its dominance able to level the playing field for the BRICS Nations, they will more than likely have a gold backed digital trading coin that will give them the capacity to do so.

At that time or before, the United States will be under a Gold Standard and part of the new leveling playing field.

Pimpy is live

Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects, 12 APRIL

  Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects

 Prime Minister, Muhammad Shiaa Al-Sudani, called on American companies to work inside Iraq.

Al-Sudani said, the current stability in Iraq should encourage American companies to engage in important development projects in the fields of energy, communications, housing, health care, education, transportation, and others.

He added that it is also important that we combat corruption, which is the other side of terrorism, as its impact is no less devastating, and that we work to ensure that the people’s money is directed towards valuable goals, and that it is also imperative that we work to diversify our economy away from dependence on oil, even while we benefit from it. From our position as the second largest oil exporting country in OPEC (in addition to our possession of large reserves of natural gas)

Al-Sudani stated, “Our urgent need for American expertise and technology extends to clean energy and the green economy, as we seek to develop sustainable and renewable sectors,” adding that “the strategic framework agreement established the legal basis for these activities, and that by investing in them, it will enable us to put Iraq in a position that helps it strengthen Its democracy, strengthening the state, and strengthening the rule of law, are the pillars that will allow us to restore Iraq to its historical brilliance  link

The New Quantum Financial System (QFS) BY CHARLIE WARD, 12 APRIL

 The New Quantum Financial System (QFS), Charlie Ward

Operates completely independently from the existing “centralized” banking and ends the “Central Banking System” that perpetuates “Debt Slavery” around the world.
Even though it is the ultimate in design, reliability, security and safety, the roll-out process will occur over time.

The QFS operates on a Distributed Ledger Technology. It is NOT crypto currency or Blockchain technology.
Quantum Qubits “interact” with every financial transaction  anywhere in the world of finance to ensure that each transaction is legal, owner-intended and transparent.
Since Central Banks do not have the ability to “reconcile” old FIAT (paper) money into the new QFS system, all fractional reserve banking and central banking activities will cease.

Every sovereign currency and every bank represents a separate Ledger in QFS.

Data on all account holders, at all banks, in all 209 participating countries was downloaded into QFS in March 2017 and serves as a “Distributed Ledger”.

The QFS is designed for and ready to convert ALL bank accounts denominated in any Fiat currency anywhere in the world into a local asset-backed currency.
The QFS pings the originating Fiat currency bank account to ensure it is still valid, active, and operational at the time the exchange of fiat currency for asset-backed currency takes effect.
After the successful ping of a local bank account, the fiat currency holdings are converted into the new local asset-backed currency on a 1:1 basis.