RBZ will issue small gold coins for public
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News Date: August 15, 2022
Zimbabwe's central bank will issue small gold coins for affordability by ordinary Zimbabweans.
Zimbabwe will release smaller units of gold coins into the market in November this year to respond to public demand, in a move seen to tackle the country's currency crisis through exchange rate stabilization.
'Following the successful launch of the gold coins on 25 July 2022 and in response to public demand, the Bank shall introduce and release into the market gold coins in units of a tenth ounce, quarter ounce, and half an ounce for sale with effect from mid-November 2022,' RBZ Governor John Mangudya said in his mid-term monetary policy statement released Thursday.
Sources: funancial.news
Indian Sovereign Gold Bonds
The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2022-23 - Series III, which will be open for subscription during December 19-23, 2022.Sovereign Gold Bonds, or SGBs, are issued by the Reserve Bank of India on behalf of the Indian government as an alternative to physical gold.
These gold bonds can be sold only to resident individuals, Hindu Undivided Families (HUFs), trusts, universities, and charitable institutions.
These bonds offer a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated.
Sources: indianexpress
Iran is interested in a unified currency with BRICS
Iran's Deputy Foreign Minister, Mahdi Safari, expressed interest on January 3 in creating a unified currency with BRICS nations, aiming to establish Tehran as a key banking center for the group.Safari also praised the New Development Bank, established by BRICS in 2014, for its role in supporting joint projects and international cooperation among member states.
"We are interested in creating a unified currency in the BRICS group, and this could be very effective.
By using national currencies, the process of eliminating the use of the dollar in commercial exchanges begins, and we are interested in continuing this process," Safari stated in an interview with Sputnik.
Trump Tower famous escalator Currency Exchange
5 years ago, on June 16th, 2015, Donald Trump announced his candidacy for President of the United States Of America.He came down the famous escalator along with Melania at Trump Tower!
This is a day to remember!
Look behind!!!
Is this just a coincidence?
Currency Exchange?
Gold walls?
Source:youtube.com
Donald Trump hints the gold standard again
Donald Trump is trying to tell us something about the return to the gold standard, citing an interesting section from the Constitution.He posted on his network an article of the Constitution that specifically talks about Gold & Silver Coin as legal tender.
Article I, Section 10, Clause 1:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit;
make any Thing but gold and silver Coin a Tender in Payment of Debts;
pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
Posted on T.S., February 26.
20 countries apply to join BRICS
According to Sergey Ryabkov, the deputy foreign minister of Russia, there are currently about 20 countries applying for membership in the BRICS, and that number is only increasing."I can say that, in our view, the Arab world and the Asia-Pacific region have been clearly 'begging' to join BRICS, as they have no representation there today.
But we will see exactly what we can offer to the leaders regarding this, and leave this to the leaders to decide at the summit in Johannesburg," he concluded.
source:Tass Agency


