Moscow is looking for a new digital format for international settlements that can operate around Western sanctions. Russia’s development corporation (VEB.RF) says that the implementation of sanctions against Russia is negatively affecting the country’s economy. Due to the economic consequences resulting from the sanctions, Russia has started to work on […]
Zimbabwe Plans to Introduce New Gold Coins to Curb Inflation June 30, 2022 The Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) is working on a monetary plan to stabilize its national currency by introducing gold coins. President Mnangagwa of Zimbabwe hopes this action will shake off the hyperinflation stigma […]
The European Central Bank (ECB) executive board member, Fabio Panetta, spoke to the European Parliament’s Committee on Economic and Monetary Affairs about the digital euro ‘s development. Last year, the central bank started a two-year investigation into the development of a central bank digital currency (CBDC) for the eurozone. […]
When it comes to buying silver, coins are one of the most popular places to start. Coin collectors or investors who are familiar with buying gold may like the idea of applying the same investment strategy to silver. Buying silver coins is one of the oldest methods of investing that […]
Purchases of American Gold Eagles soared in May according to recent data released by the US Mint. American Gold Eagle investors purchased 147,000 ounces in various denominations tallying up to 200,500 coins, up 67% from March. The US Mint sold 661,500 ounces of American Gold Eagles so far this year. […]
