Unfortunately, African nation of Zimbabwe can’t be perceived as greatest example of financial stability. It is just the opposite – it became a living symbol of modern-day hyperinflation. But could its issues be fixed with newest version of Zimbabwe Dollar? This time backed with gold and FX currencies basket.
Everyone interested in gold mining knows that main producing countries are China, Russia and Australia. It’s also common knowledge that it is Africa, Asia, and Central & South America who dominate analysis on geographical gold distribution. But there is also one region, which usually doesn’t receive enough coverage, or at least not enough to what it deserves. This is Central Asia.
Today we’ll try to answer some sectoral interesting questions: How can a mint/refinery get LBMA accreditation? What weight does it carry? What does it even mean? How is accreditation different from LBMA membership? Is it applicable into smaller products? And should mints/refiners without such are to be treated.... Different?
Without lengthy, and flamboyant introduction this time – as assets we’ll describe simply don’t need one. Bitcoin and gold. Both became super-hot in 2024. Each has its own different anti-fiat approach. Both have very vocal and often fanatical fan base. And each has simply different story to tell.
