The Nilar: A Pan-African Gold Currency
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 Refuses To Give Venezuela $1 Billion Of Its Own Gold
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.
Zimbabwe Central Bank Announces Gold Currency To Combat Inflation
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.
List Of The 10 Largest Gold-Mines In The World
The world’s ten largest gold mines are found in nine countries, and below is a list of them and how much they produce.
Russia Set To Implement Gold Standard For Ruble
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.
Gold Backed Ruble Is The New Paradigm Shift For Global Economy
Even though it’s still too premature to predict how the US dollar will fare during this economic shift, it is almost certain that it will emerge weaker and less dominant than before. This comes as a result of the gold backed ruble which is the new paradigm shift for the global economy.
Gold Nanoparticles Could Treat Heart Disease Says Scientists
A process which has been described as significantly less complicated than using other regeneration ways involves the usage of gold nanoparticles. Scientists even claim that these gold nanoparticles could be used to treat heart diseases.
Russia To Accept Bitcoin And Gold For Natural Gas
The present volume and liquidity of the Bitcoin market raises doubts about whether the peer-to-peer currency can be extensively employed in global trade at this time. Nevertheless, Russia has chosen to accept Bitcoin and gold for natural gas.
Did The FBI Steal 9 Tons Of Civil War Gold?
Did the FBI steal 9 tons of Civil War gold? This question has already featured in many a Travel Channel shows. But is there any truth to it? What actually happened?
Venezuela Sues Bank Of England For Refusing Its Gold
Weeks after Venezuelan intelligence crushed a secret plot to overthrow President Nicolás Maduro, now Venezuela has sued the Bank of England for refusing to give back its Gold. President Nicolas Maduro has also announced that Venezuela will sue US in International Criminal Court (ICC) for severe damage caused by the economic sanctions. Venezuela’s Central Bank has […]