Tag: Gold

According to UPI News, gold bar vending machines have been rolled out at South Korean convenience store GS Retail. Buying physical precious metals is a time-proven method of securing generational wealth while reckless central...
Bloomberg reported that the West is losing Russian gold to the United Arab Emirates, Hong Kong, and Turkey, which have not joined Western restrictions. A number of countries are snapping up Russian gold bullion...
The Toronto Sun reported that a massive gold heist, worth $22 million in gold and banknotes, occurred at Pearson Airport in Toronto.
Sen. Bryan Hughes (R) introduced Senate Bill 2334 on March 10, which could result in Texas launching its own gold-backed digital currency if it's passed.
Saudi Arabia has announced the discovery of huge gold and copper deposits in Medina. The latest discoveries are now anticipated to draw domestic and foreign investors, which will subsequently help the Kingdom's economy grow.
African countries emerged as “independent” nation-states in a context of a debt-based fiat money system, the fiat dollar standard. Independent is in quotation marks because Africa’s countries’ independence is nominal. That is said with due respect and gratitude to all brave men and women who fought, bled, and died to end (direct) colonialism. Still, Africa remains under indirect colonization. One of the most crippling, and certainly the most shackling, forms of subjugation Africa is under is monetary colonialism.
UK has refused to give Venezuela $1 billion of its own gold. President Nicolas Maduro's attempt to recover his own country's assets was rejected by the top court in Britain.
The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold coins in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency.
The world's ten largest gold mines are found in nine countries, and below is a list of them and how much they produce.
Every national financial system's sovereignty requires that its methods of payment have inherent worth and price consistency, and are not dependent to the dollar. With this objective in mind, Russia is now all set to implement the gold standard for ruble.