Zimbabwe to issue more gold coins
Gesara.news » News » Zimbabwe to issue more gold coinsNews Date: August 12, 2022
Zimbabwe hails gold coin success and wants to issue more.
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.
Those higher-value gold coins are available to buy at approved banks and are tradeable locally.
The cyber-war for GESARACyber-attacks were expected for the next two months as the Alliance continued to dismantle financial systems and bring in the Global Currency Reset.
State of Emergency has been declared in at least 17 states in US. This is a direct message from Q to get ready. It is a military operation.
The financial system is based on fraud. Set up to steal from us. It takes the money we work hard to earn and gives it to a tiny group of individuals. With the infinite supply of money, we have allowed them to buy influence.
The good guys who are with us are applying pressure on this financial system to end it once and 4 all. And it's happening now. The banks don't have any money, the Federal Reserve no longer exists, the bad guys are panicking and fighting back in many ways including cyberattacks.
Sources: www.axios.com, www.ntd.com
ISO 20022 migration. The Ripple effect strikes the PoundRipple Joins the Digital Pound Foundation: Designing a Path for a CBDC-Forward Future.
Ripple is excited to announce it is joining the Digital Pound Foundation, a non-profit focused on the development and implementation of a digital Pound in the United Kingdom.
ISO 20022 promises greater interoperability between various settlement networks, richer information flows, higher levels of straight-through processing, and more efficient compliance processes.
It signals a significant opportunity for banks to improve operational efficiency and reassess existing business models.
ISO 20022 has already been introduced for high-value payments systems (HVPS) in major countries and is established as the standard in instant payments markets following implementations worldwide.
Sources: ripple.com, www.sibos.com
Qatar boosted gold reserves to record levelsQatar boosts gold reserves to record levels after buying 14.8 tonnes in July.
The Qatar Central Bank is the latest bank to announce an increase in its holding of precious metals.
Reserve data from the central bank shows it bought 14.8 tonnes of gold last month.
What is Special Drawing Right (SDR)The SDR was initially defined as equivalent to 0.888671 grams of fine gold-which, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system, the SDR was redefined as a basket of currencies.
Corrupt Systems ImplosionMarkets will have to absorb higher rates, and there is too much debt.
This is one of the best macro setups in history for Gold & Silver.
Precious metals will see dramatic wealth enhancement when inherently false & corrupt systems and currencies collapse under their own weight.
More money creation is just a masked form of bankruptcy in which default is "avoided" at the expense of the underlying currencies.
In such inevitable cycle-turns, the real advantage of precious metals will rest in their historical role as wealth preservation insurers.
The supply of these critical assets will make them harder to acquire.
The key, therefore, is to buy your insurance before rather than after the financial fire.