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Category: gold coins
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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
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Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank
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Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July
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Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped significantly in value in contrast […]
The post Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High appeared first on Bitcoin News.
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As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior to Covid-19, central banks purchased […]
The post As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures appeared first on Bitcoin News.
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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange
A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. As the country’s […]
The post Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange appeared first on Bitcoin News.
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