Tag: Wealth

Africa, Gold, inflation, Money, Wealth

Gold Coins Help Zimbabwe to lower Inflation

By Swann Collins, investor and consultant in international affairs – AssetsforWealth, March 3, 2023 The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its gold coins were sold between July 2022 and January 13, 2023. According to the central bank governor, John Mangudya, the gold coins “have proved to be an effective open market instrument for mopping up excess liquidity in the economy.” … Continue reading Gold Coins Help Zimbabwe to lower Inflation

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Gold, Money, Wealth

Gold prices jumped to $ 1,703, gaining more than 2%, boosted by a lower dollar

By Swann Collins, investor and consultant in international affairs – AssetsforWealth, October 3, 2022 Gold is traditionally seen as synonymous with a defensive asset in which investors can wait out the crisis. Gold prices jumped more than 2% on Monday boosted by a dip in the U.S. dollar and bond yields, as recent lows enticed investors and also sparked a rally in silver in potentially … Continue reading Gold prices jumped to $ 1,703, gaining more than 2%, boosted by a lower dollar

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Gold, Money, Wealth

How Zimbabwe fights inflation with gold

By Swann Collins, investor and consultant in international affairs – AssetsforWealth, August 23, 2022 Plagued with hyperinflation since 2007, the government of Zimbabwe decided to strengthen the Zimbabwean dollar starting the sale of gold coins on July 25 to strengthen the national currency. Hyperinflation in Zimbabwe began in February 2007. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe’s … Continue reading How Zimbabwe fights inflation with gold

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Gold, Money, Wealth

World Gold Council : Demand for Gold at a 2 years high

By Swann Collins, investor and consultant in international affairs – AssetsforWealth, February 6, 2022 Annual demand for gold (excluding over-the-counter markets) rose to 4,021 tons in 2021, recovering from losses in 2020 caused by the spread of COVID-19, reported the World Gold Council (WGC). Demand for gold in the consumer-driven jewellery and technology sectors recovered throughout the year in line with economic growth and sentiment, … Continue reading World Gold Council : Demand for Gold at a 2 years high

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Freedom, Gold, Money, Wealth

Gold : Build Your Wealth and Freedom

By AssetforWealth, January 9, 2022 Inflation is back. It’s a great pressure on your plans to wealth and freedom. The yield on your stocks and bonds investments may not cope with inflation pressure. You should think about investing in some gold and read “Gold : Build Your Wealth and Freedom“. Why ? The answer is simple. The U.S. economy entered a recession in December 2007, … Continue reading Gold : Build Your Wealth and Freedom

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