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Market update – 2,500 and more reasons to own gold

Summer holiday season is among us, and so were back and trying to catch up on financial markets and precious metals. What August brought so far is lot of volatility which of course also affected yellow metal, which just established new all time heights.

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Sixth time’s a charm - Zimbabwean Gold (ZiG)

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.

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