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Gold Telegraph
@GoldTelegraph
Lawmakers in Africa’s top oil producer want gold to constitute 30% of the country’s reserves, up from the current 4%.
Hard asset strategy is happening at the sovereign level.
Without hard assets, you have nothing.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
ZIMBABWE MONETARY POLICY COMMITTEE MEMBER SAYS THE COUNTRIES NEW GOLD-BACKED CURRENCY IS PRIMED FOR SEAMLESS INTERNATIONAL ACCEPTANCE AND USAGE
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Let’s watch what happens.
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Gold Telegraph
@GoldTelegraph
“Its acceptance within our borders is crucial and will likely lead to broader acceptance across the region, enhancing economic integration.”
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Gold Telegraph
@GoldTelegraph
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Zimbabwe wants to join BRICS.
Now, they have a gold-backed currency, which the International Monetary Fund has endorsed.
Now, they are talking about international acceptance.
If I would have said this even last year, I would be considered a conspiracy theorist.
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