Ghana Launches Gold Coin to Boost Savings

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News Date: September 28, 2024

The Bank of Ghana has introduced a new gold coin to enhance money-market liquidity and promote domestic savings.
Made from locally mined gold, the coin is refined to 99.99% purity.
It is issued and guaranteed by the central bank, with three available sizes: one ounce, half ounce, and quarter ounce, according to Governor Ernest Addison.
The initiative aims to strengthen Ghana's financial market and savings culture.
"The Ghana gold coin enables the Bank of Ghana to mop up excess liquidity in the banking sector and will supplement the bank's bills for liquidity management. It gives those resident in Ghana an additional avenue to invest to reap the benefits of the Bank of Ghanaâ??s domestic gold purchase program." Addison said.

Gold demand as a store of value

Central Banks Buying Gold Could Be Catalyst for $3,000 Gold Price.
They have been net buyers of the yellow metal since 2010.
In the first quarter of 2022, they bought gold again, 84 tonnes of it.
Gold Price Analysis: XAUUSD to be in demand as a store of value given record inflation.
Economists expect the yellow metal to remain resilient as Eurozone inflation is set to hit a new record.
Sources: lombardiletter.com, www.fxstreet.com

President Donald Trump "All Currencies will be on an Even Level Playing Field"

All Currencies will be on an Even Level Playing Field much sooner than most people understand or think.
Here is a 3 minute snip from the ~30 minute press conference with PM Abe from Japan.
Go to 1:50 if you want the start of the exact statement:
Source:youtube.com

Central banks are buying gold

Central banks are buying gold to protect against the threat of a sovereign debt crisis.
Last week the World Gold Council noted that central banks bought 59 tonnes of gold in June.
For the first half of this year, central banks purchased 270 tonnes of gold.
The WGC noted that central banks bought 180 tonnes of gold in the second quarter.
Sources: kitco.com

FedNow alongside private sector Service

Fed announces details of the FedNow interbank service.
The FedNow Service will be available to banks in the United States and will enable individuals and businesses to send instant payments any time of day, any day of the year through their bank accounts.
The target launch date for the service remains 2023 or 2024, with a more specific time frame to be announced after additional work is completed.
The FedNow Service, alongside similar services provided by the private sector, will modernize the U.S. payment system and bring the benefits of instant payments broadly to communities across the country.
Sources:www.federalreserve.gov

Trump: Ready to release suppressed technologies

Trump stated on Inauguration day: We stand at the birth of a new millennium, ready to unlock the mysteries of space, to free the Earth from the miseries of disease, and to harness the industries and technologies of tomorrow. A new national pride will stir our souls, lift our sights, and heal our divisions.
NESARA is meant to Enable the release of over 6,000 patents of suppressed technologies that are being withheld from the public under the guise of national security.
Donald Trumps uncle, John Trump Was Asked to Inspect Nikola Tesla Papers After the Inventors Death.
Here are some incredible patents:
Craft using an inertial mass reduction device Patent US10144532B2
High frequency gravitational wave generator Patent US10322827B2
Triangular spacecraft patent Patent US20060145019A1
Full body teleportation system patent US20060071122A1
Cosmic gravitational energy antigravity flying saucer patent CN1850542A
AIDS Cure Patent US5676977
Quantum vacuum energy extraction US7379286B2
...and many more being withheld from the public.
Scientist Behind The Navy UFO Patents Has Filed One For A Compact Fusion Reactor.
Sources: heavy.com, thedrive.com