Goldbacks offer an inflation-resistant, gold-backed currency for everyday use. Preserve wealth, hedge against inflation, and support local economies. Learn more!
The Reserve Bank of Zimbabwe (RBZ), the country's central bank, introduced the new gold-backed currency, known as Zimbabwe Gold or ZiG, on April 5, replacing the inflation-ravaged Zimbabwean dollar. ZiG joins a basket of currencies accepted as legal tender in Zimbabwe, with the U.S. doll...
As Zimbabwe’s ZiG currency struggles to gain public trust, illegal money changers thrive, driving inflation and highlighting deep-rooted economic issues.
What would be the merits of unilaterally linking a currency to gold? How could this be managed, and what would be the risks? We argue that such a system would not bring price stability, as the country would not be able to control the international gold price, and that it would likely ...
After almost 2 years of talking, the Zimbabwe gold-backed currency is finally upon us. Inflation is everywhere at the gas pump, at the food store, rent, prices are going up and up, affecting everyone and making the poor even poorer. In Zimbabwe, it has b
Now vast swathes of the non-western world are paying close attention to Glazyev and the drive towards a new non-US dollar currency, complete with a new gold standard which would in time totally replace the US dollar. Read More Legal Notice / DisclaimerAhead of the Herd newsletter, aheadof...
GoldCoin is the first fractionalized gold-backed asset available for purchase directly in national currencies or cryptocurrency. Due to its fractionalized nature, you can buy any amount of GoldCoin at any time. Gold is the universal currency for humanity and has stood the test of time over the...
June 2, 2023 The Reserve Bank of Zimbabwe introduced a gold-backed digital currency that will be fully backed by physical gold held by the Bank. This move might pave the way for gold-backed money. Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic er...
Named PAXG for short, this innovative currency acts as a digital asset, with each PAXG token being backed by one fine troy ounce of gold from some of the world’s most secure vaults in London. Paxos guarantees each PAXG token using physical gold bars, meaning that anyone who owns PAXG als...
#Gold #DigitalCurrency #Inflation The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider. Previous Video: Danielle Park: Rising Unemployment Now Bank of Canada’s Biggest Concern - Ju...