But in late September, authorities slashed the value of the new gold-backed currency by more than 40 percent. The ZiG is only one of several attempts Zimbabwean authorities have made to introduce ...
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...
BRICS nations are developing alternative payment systems and potentially a new currency backed by gold and local currencies ...
Despite claims from the Keynesian “experts” that gold is a “barbarous relic,” the markets are saying that gold is more ...
Economist and investor Lynette Zang sits down with Sound Money Defense League’s Jp Cortez for a powerful discussion on the ...
Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.
The Africa Report Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in ...
Understanding the relationship between gold and geopolitical conflict is crucial if you plan to include it in your financial ...
Act, if passed by the Trump administration, could significantly elevate the apex crypto’s role within the U.S. economy, ...
The company says it anticipates precious metal production from several new ... gold bullion or gold futures contracts. The SPDR Gold Shares (GLD) is a popular example of a physically gold-backed ...
IMANI Africa has raised concerns about the feasibility of the New Patriotic Party’s (NPP) proposed Gold Purchase Programme as a long-term solution for stabilizing the Ghanaian cedi.
Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges for the Southern African country’s efforts to stand up a local ...