As we said this morning, 50% of companies have not completely switched over to the new lending service.
This will cause fluctuations in the Global Markets to the downside in those assets whereby companies did not make that switch. Others will find their values to the upside.
Because we have chosen to move into a new monetary mechanism July 1 (SOFR) that is collateralized and standardized by assets of real values along with new policies to go with them on July 15, new rates on everything will begin to make their moves into real values based upon these changes.
Again, the Libor contracts that did not make the cut on the deadline have an extension date until September the 15th.
This does not mean we have to wait for everything to change on that date to see a revaluation take place. Yet, some assets may take that long for you to receive what you were looking for at that time. Time will tell.
I can tell you that Stablecoins, which represent a country's currency, has began the process of being liquidating. The movement of money in those coins that take place on July 1st will begin to calculate new norms and new values. Give them a little time.
Reevaluations begin the moment those mechanisms change at midnight on July the 1st 2023. It is a process whereby assets will be digitally interfacing themselves with other assets of real value that will support their underlying principle prices.
As I have said this morning, every sector of the market will begin to change. Some will change faster than others. This is why it is important to wait for the rate on your sector of the market you are looking for to find a value you want to redeem your asset at during that time.
You will never be in this position at this level like you are now. You will need to pay attention, and you may need to be patient.
Just know we are in this together.
© Goldilocks
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