A presidential candidate pledges gold-backed currency in Ghana. Africa awakens to gold's power.

Source: https://citizenwatchreport.com/a-presidential-candidate-pledges-gold-backed-currency-in-ghana-africa-awakens-to-golds-power/
Published: Jul 29, 2024
Author: Horse
Post Date: 2024-07-29 02:32:43 by Horse
Views: 1020

Dr. Mahamudu Bawumia, the flagbearer of Ghana’s New Patriotic Party (NPP), has announced his intention to stabilize the Ghanaian cedi by backing it with the country’s gold reserves if he wins the upcoming presidential election. He believes that anchoring the cedi to gold will provide much- needed stability to the currency, which currently lacks a strong anchor.

Poster Comment:

He is running for office in Ghana, not the US.

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#1: Horse    To: All (#0)

https://citizenwatchreport.com/economic-bellwether-copper-fell-for-9-days-straight-as-inventories-spiked-to-highest-since-2020/

Economic bellwether: Copper fell for 9 days straight, as inventories SPIKED to highest since 2020.

Horse posted on 2024-07-29 02:33:44   Reply   Private Reply