Today’s video is an update to Zimbabwe’s currency transition and what it really shows us about gold backed currencies.
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Sources Used In Video:
https://www.bloomberg.com/news/articles/2024-05-14/zimbabwe-s-cabinet-says-more-than-half-of-population-needs-food-aid?sref=rWFqAg1Y
https://www.bloomberg.com/news/articles/2024-06-04/-zig-usd-zimbabwe-currency-crackdown-on-street-dealers-is-good-news-for-bankers?sref=rWFqAg1Y
https://www.bloomberg.com/news/articles/2024-04-22/-zig-usd-zimbabwe-s-zig-wipes-out-330-stocks-rally-investors-count-losses?itm_source=record&itm_campaign=Zimbabwe%27s_Currency_Crisis&itm_content=ZiG_Wipes_Out_Stocks_Rally-1&sref=rWFqAg1Y
https://www.bloomberg.com/news/articles/2024-06-12/-zig-usd-zimbabwe-s-zig-prompts-scrapping-of-vesting-rules-on-stock-market?sref=rWFqAg1Y
https://www.herald.co.zw/treasury-authorises-50-50-currency-split-for-tax-payments/
https://www.bloomberg.com/news/articles/2024-06-26/zig-zimbabwe-s-new-currency-gets-its-own-code-after-two-months?sref=rWFqAg1Y
https://www.bloomberg.com/news/articles/2024-06-27/-zwg-usd-imf-says-zimbabwe-s-zig-currency-has-ended-bout-of-instability?sref=rWFqAg1Y
Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst. She has been studying currency lifecycles since 1987 and discovered similar social, economic, and financial patterns that occur throughout the stages of a currency’s lifetime. She believes that recognizing these patterns enables people to see what’s coming and make well-informed choices that put their best interest first.
Together, Lynette, her team of experts and special guests share how to best prepare for economic uncertainty. Focus will be in the areas of Lynette’s mantra and how to be equipped in the key areas of Food, Water, Energy, Security, Wealth Preservation, Barterability, Shelter and last, but certainly not least, Community.
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