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Jan 4, 2024 #gold #economy #zimbabwe

This is an update on Zimbabwe’s current hyperinflation status after the June 2023 overnight currency reset, and how a change in accounting reduced the official inflation rate. Because of this inflation, high net worth individuals and businesses drove brisk demand for the gold coins and ZiG Zimbabwe’s gold backed CBDC, to protect wealth held in fiat money assets.

Understanding the tricks governments and central banks use to hide the truth from the public enables people to see through the lies and make educated choices that puts their best interest first.

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📖 CHAPTERS:

00:00 Happy New Year

01:39 Zimbabwe Inflation Update

10:40 Gold Coins To The Rescue

22:47 Rebasing The GDP

30:09 Recap

📑 TO SEE LYNETTE’S SLIDES, RESEARCH LINKS OR QUESTIONS FROM THIS VIDEO: https://www.itmtrading.com/blog/

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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

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#gold #economy #zimbabwe #inflation