Ghana will purchase oil with Gold: Ghana is experiencing an unprecedented crisis marked by debt distress, currency depreciation and depletion of foreign exchange reserves. In such a scenario, Ghana’s government has decided to take a step against the prevalence of US dollars and it’s taking inspiration from Zimbabwe’s experience. Zimbabwe did the same thing in July and it looks like many African countries will follow suit.
Comments (20)
sorted by:
It helps that Zimbabwe has a thriving gold mining industry.
I had an Uber driver from Africa last year. He said "We don't have this Covid problem in Africa" and I told him it's because their medical industries aren't corrupted like in the US. He agreed, then I informed him that the inventor of the PCR test said the test was not reliable for detecting a virus. The man was grateful I informed him of that because he was based.
Brilliant. Here, have an updoot...
Breaking News: “Totally organic Civil Wars start in Ghana and Zimbabwe.”
Breaking Breaking News: Putin bombs Ghana and Zimbabwe
Came here to say something similar.
Prayers for their leaders, not to be assassinated
This is the reason Gaddafi was killed.
First, Africa has lower vaccination rates, now countries moving to gold standard. I guess those reptilian pasty globalists like Soros and Schwab aren't charismatic enough to have as much influence.
I work with someone from Kenya. Her family makes fun of her for being in America where Americans fell for the Covid scam.
I wish I could tease my former friends with such stuff but they still are falling for the covid scam.
Craziness.
Most of Africa outside the Mediterranean and South Africa has up until really the last 5-10 years. Has Been remarkably unstable with no real infrastructure to speak of.
They’ve started to stabilize. At least in comparison to the typical expectation for the Continent are concerned. And the Governments are able to reliably exert some influence outside major Urban Areas and Large Towns.
They pretty much ignored Africa because of the expectation that it’ll be perpetually unstable. Considering how many countries there have one or more ethnic and religious groups who aren’t fond of each other living in close proximity with their opposing numbers. Not to mention the corruption.
Still, a few welcome steps in the right direction.
Bad rap. Zambia has diverse tribes and complete assimilation of whites and blacks. No racial discord, though there are tribal prejudices (no worse than frictions between white nationalities). It is a wonderful relief to be in a land where there is no race consciousness.
Maybe there will be a Wakanda!
I honestly wish that WOULD happen.
Wakanda is an ideal that black people should strive towards.
As opposed to being something they can point to and say "Fuck you, you owe us that."
Never happen, unfortunately. Africa's been Satan's asshole since forever.
purkiss80...IF you don't have a GREAT CHRISTMAS I will DEFINITIVELY BOAST about your screeds...THIS NEWS of Ghana AND Zimbabwe paying with PAYING WITH GOLD...the BEST...
Reason: When GOLD becomes the "defacto" STANDARD between countries that puts the "HYPER-INFLATED" prices back into to the realm of being realistic...AND BOTH sides can profit from the transaction...Merry Christmas!!!
Good. Get away from the globalists. Let's not forget Zimbabwe refused the jab too. I think most African countries were wise to it...
Soon the whole world will be on the gold standard and 1:1
Quantum Financial System is coming soon. White hat blockchain system