Gold Telegraph: Zimbabwe Accumulating Gold
Gold Telegraph
@GoldTelegraph
WELCOME TO THE FUTURE?
The Central Bank in Zimbabwe has accumulated nearly a ton of gold since introducing a law that forces mining companies to pay part of their royalties using gold.
Now, they are working on backing the nation’s currency with gold.
Zimbabwe has applied to join the BRICS New Development Bank.
The BRICS development bank has said they aim to start loans in local currencies to lessen dollar dependency and foster a multipolar global financial system.
Gold will play a massive role in the future, just like it has in the past. We are living in transformational times.
Grab a seat.
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T てぃ
@TeongH_SR
Zimbabwe and Africa as a whole has tremendous resources – both physical and human capital. Time for these nations to wake up and come together.
Africa Is a continent with large reserves of gold, diamonds, copper, iron ore, bauxite & platinum. South Africa is the world’s largest producer of platinum. DR Congo is the world’s largest producer of cobalt and a significant producer of copper. And at least 10 African countries feature among the world’s top 50 producers of gold. Besides minerals, Africa has vast reserves of oil and gas, arable land & favourable climate, making it a significant producer of agricultural commodities including cocoa and coffee. Africa is not underdeveloped, it is overexploited! With proper administration and the right leadership, this continent will regain its former luster in a couple of generations!
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