In a previous newsletter we covered the difference between a gold and/or silver backed currency that is redeemable in those metals and one that is non-redeemable. We clearly highlighted the dangers of backing a paper or digital currency with precious metals or a variety of commodities and then subsequently NOT allowing the paper/digital currency to…
Category: Articles
Gold Quietly Eyes All-Time-High
Gold Quietly Eyes All-Time-High While there were a few financial analysts that have been warning people of instability in the banking system ever since stimulus checks spurred unprecedented currency creation – most officials in government/finance have been reassuring the public that the banking system is strong. Even going back to this past Monday, President Joe…
Zimbabwe’s $100 Million Gold-Backed Digital Currency Plan: How Can it Help the Country?
Overview of Zimbabwe’s Financial Crisis Southern Africa’s landlocked nation of Zimbabwe is a sovereign state. Harare is the nation’s capital and largest metropolis. a nation with about 16 million inhabitants. Due to a confluence of causes including hyperinflation, currency devaluation, political unrest, and economic mismanagement, Zimbabwe has endured a severe financial crisis for many…
The Recent Gold Heist in Toronto Airport & How to Keep Your Gold Safe?
The Toronto Airport Gold Heist Airports serve as important locations for both the transportation of goods and passengers. Sometimes, the value of that cargo can be substantial. According to Canadian authorities, valuables, and gold totalling more than $20 million went missing on Monday, April 17. This is quite unusual. An extensive police investigation was…
How to Test Gold at Home with Sure-fire Methods & Tips
Why is Gold Testing Vital? One of the most prominent precious metals present is gold, and it’s also available in a variety of hues and designs. If you wear gold jewellery, it’s important to understand how to test it at home to verify if it’s genuine gold or not. Not that all gold is…
