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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…
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Category: Gold Bars
Why does Gold offer such great investing benefits?
Gold is a port in a storm when there is an economic collapse. In short, the value of Gold remains steady even if the stock market crashes. So, why not invest in something that minimizes damage and gives great benefits? Though as a general rule, the price of Gold goes up. Significantly, investors consider…
Exploring the Reasons Why Canada Doesn’t Own Any Gold
Have you ever considered how little gold there is in Canada? Most other countries, including the US, do have gold, therefore it’s a good question. The Bank of Canada began selling its gold holdings in the early 2000s. Canada is the G7 country. Together with Angola, Belize, and Tonga, Canada is currently one of…
Investing in Precious Metals: Finding the Right Bullion for You
Investing in precious metals is an attractive option to many investors looking to hedge against soaring global inflation due to the rapid currency printing taking place across the world. The right type of bullion and size of piece can maximize your investment potential and ensure that you get the best return on your money, while…
Are Central Bank Losses to be Covered by Gold?
The perfect storm for higher gold prices appears to be brewing in the global financial market. For the first time, the European Central Bank (ECB) will announce significant losses due to the epic money-printing saga that took place over the past decade that came to a head during the pandemic. The ECB will now join…
