______________________________________________________
Gold Telegraph
@GoldTelegraph
Gold is closing in on record highs…
Moves are being made across Africa.
What is happening in Africa is very interesting.
Zimbabwe continues to streamline its gold-backed currency, and the largest oil producer in Africa aims to combat inflation with gold.
Nigeria’s plan to have gold constitute 30% of its external reserves clearly indicates its economic strategy moving forward.
Gold represents 4% of the nation’s reserves.
This is the largest oil producer in Africa.
Another key point?
Advertisement
______________________________________________________
The President of Kenya recently endorsed the new gold-backed currency in Zimbabwe, saying:
“Fitting to use mineral wealth to back local unit.”
A Russian diplomat said last year that Russia and Africa want to create infrastructure beyond Western control.
It does not stop there, today, we learned that Uganda plans to purchase domestic gold to bolster its foreign exchange reserves and reduce the risks associated with reserve investments.
The story is getting good, isn’t it?
Welcome to uncharted waters.
Advertisement
______________________________________________________
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
