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ZiG Enters Circulation

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News Date: May 1, 2024

Zimbabwe introduced its new gold-backed currency, the ZiG, into general circulation on April 30th.
This move has been met with joy by Zimbabweans who have expressed relief at being able to withdraw ZiG notes and coins from banks for the first time.
While the currency was initially introduced electronically in early April, the availability of physical banknotes and coins marks a significant step forward for the transacting public.
Zimbabwe launched the gold-backed currency

Governments hate gold

Do governments hate gold? The short answer is Yes.
Governments hate gold because they cannot print it, and it is difficult for them to control.
Because they cannot print it or easily control it, gold has little use to them during the never-ending schemes to tax and then redistribute wealth.
Legal tender laws mean that all taxes must be paid in fiat currency, not gold or silver (held in physical form).
Nothing but sponsored fiat currencies issued by the government is acceptable to pay debts and taxes.
Source: snbchf.com

NESARA items in Trump statements, emails

Statement from the President issued on: December 27, 2020:
As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child.
The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud. Big Tech must not get protections of Section 230!
Much more money is coming. I will never give up my fight for the American people!<-
White house sent Christmas emails to American people. There is the Golden map of America!
Sources: twitter.com, www.whitehouse.gov

Central Bank digital currencies Competition

China CBDC Pilot Program Beats West to the Punch.
Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau.
Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies.
Source:www.securities.io, www.forbes.com

Cryptocurrency Market Reactions to Regulatory News

The U.S. Federal Reserve reveals that the cryptocurrency XRP didn't show great reaction or movements in price to regulatory news in the past.
Bitcoin, Litecoin, Bitcoin Cash and Ethereum showed a bigger reaction in terms of price-performance to regulatory news.

Source:dallasfed.org

Zimbabwe to join BRICS

Zimbabwe set to apply to join BRICS.
Zimbabwe has made overtures to join emerging economies that make up the BRICS bloc as part of its engagement and re-engagement thrust, which is particularly designed to increase the countries' clout globally, President Mnangagwa has said.
Sources: thezimbabwemail

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