Zimbabwe Currency | New currency strengthens against US dollar

Zimbabwe's new currency, the ZiG is currently trading stronger than the rand.
According to Petri Redelinghuys from Herenya Capital Advisors, part of that strengh comes from the rallying gold price on which the new currency is backed. #eNCA #DStv403 #QuestionThinkAct

Пікірлер: 270

  • @Sheba_316
    @Sheba_3163 ай бұрын

    Zimbabwe’s trajectory is changing. God is good!

  • @japrosper7240

    @japrosper7240

    3 ай бұрын

    Time to go home.

  • @f6876
    @f68763 ай бұрын

    I’m backing Zimbabwe 💯 I hope the country gets back on it’s feet

  • @joseromeudeabreu9999

    @joseromeudeabreu9999

    3 ай бұрын

    Agreed. Cape Town. 🇿🇦🇷🇺

  • @Sheba_316

    @Sheba_316

    3 ай бұрын

    Thank you.

  • @madanhamuchineuta3157

    @madanhamuchineuta3157

    3 ай бұрын

    Wise move ? 😂😂😂

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@madanhamuchineuta3157The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @madanhamuchineuta3157

    @madanhamuchineuta3157

    3 ай бұрын

    @@jimmycricket5366 umwe achanyura lol -> someone will sink 😂😂😂

  • @ethiorich9324
    @ethiorich93243 ай бұрын

    Good News! Africa Help Zimbabwe Stand By Itself.

  • @caesar3909
    @caesar39093 ай бұрын

    It's a long shot but I hope Zimbabwe gets fixed & the country prospers so Zimbabweans can all go back home. That will be best for everyone.

  • @gunitkjkp470

    @gunitkjkp470

    3 ай бұрын

    In what way will it be better?

  • @commandodeejaguar8534

    @commandodeejaguar8534

    3 ай бұрын

    For Zimbabweans yes of coz not for everyone

  • @Thami-x2n

    @Thami-x2n

    3 ай бұрын

    ​@@gunitkjkp470if Zim economy improves, I know a lot would love to return home and rebuild their nation. That's a win to every Zim who wishes to return home. This should have a positive impact on neighbouring nations currently facing influx of Economic refugees from zim

  • @Thami-x2n

    @Thami-x2n

    3 ай бұрын

    ​@@commandodeejaguar8534what nation will be negatively impacted by a nation trying to stabilise its inflation and economy?

  • @edsonmakiyi71

    @edsonmakiyi71

    3 ай бұрын

    Let’s Say All Zimbabweans go back, How will things get Better there?

  • @remembrance-kjv8324
    @remembrance-kjv83243 ай бұрын

    Zimbabweans are revolutionary by nature. This system is likely going to shake even first world nations.

  • @user-dl1ne2qy1d

    @user-dl1ne2qy1d

    3 ай бұрын

    You are very right

  • @user-dl1ne2qy1d

    @user-dl1ne2qy1d

    3 ай бұрын

    @remembrance: please put your contact details, accessible even without subscribing. You are onto something with the Thomas Fuller material. I will be following

  • @user-dl1ne2qy1d

    @user-dl1ne2qy1d

    3 ай бұрын

    The Thomas Fuller content is striking

  • @jackshrader4161

    @jackshrader4161

    2 ай бұрын

    You have a fantasy land mind

  • @bence8642
    @bence86423 ай бұрын

    Yeah go Zim

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming..

  • @Voice_Of_Truth467

    @Voice_Of_Truth467

    3 ай бұрын

    @@jimmycricket5366well watch your stupid education go down the drain as Zimbabwe economy grow more that SA and the value of the currency overtake the USD.

  • @israelehidiamen2296
    @israelehidiamen22963 ай бұрын

    Africa is waking up , keep it up

  • @KwameFly90

    @KwameFly90

    2 ай бұрын

    no they are asleep thinking this new money means anything

  • @rejoicetheskinfairy
    @rejoicetheskinfairy3 ай бұрын

    I pray it gets better, so we can go back home

  • @farhanatoerien3437
    @farhanatoerien34373 ай бұрын

    🙏🏾. Please let this growth improve the lives of Zimbabweans

  • @TheCOOLstuff01
    @TheCOOLstuff013 ай бұрын

    Good news to hear , Thats the way to go Zim

  • @johnmpofu6768
    @johnmpofu67683 ай бұрын

    Thank you Mr President for introducing a strong currency. You are truly a visionary leader. Now Zimbabwe is back on it's feet

  • @ReeChad.

    @ReeChad.

    3 ай бұрын

    Visionary what that dictator

  • @WilliamChidzira

    @WilliamChidzira

    3 ай бұрын

    Kusimbisana muzvicorner kkkkkk

  • @NJM4279
    @NJM42793 ай бұрын

    Now, this one will last forever

  • @aaronrathbone6693

    @aaronrathbone6693

    3 ай бұрын

    Unless the government steal all that backs the new currency ..... but best of luck to Zimbabwe... the BRICS countries are thinking of doing the same ..( Brazil Russia India China and South africa )

  • @user-lk2ux9vz5d
    @user-lk2ux9vz5d3 ай бұрын

    It's an American idea. Conspiracy not to be overlooked here. Lifting of sanctions and suddenly they are competitive again? I wonder why all along no one thought of this ingenious measure. I will congratulate them but with a trace of scepticism.

  • @mabasachikato4145

    @mabasachikato4145

    3 ай бұрын

    Its russian idea not American

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @Bourne-fu8bz

    @Bourne-fu8bz

    3 ай бұрын

    @jimmycricket5366 - You live in a cave and you know nothing about Economics.🤣 Resources like gold, diamond and oil are used to back currency. Botswana is doing it with Diamonds and the Pula is stronger than the Rand. America makes use of oil and gold reserves to strengthen their dollar.

  • @foxygtv1328

    @foxygtv1328

    3 ай бұрын

    Now, you guys needs to think. American tries to have the say in everyone affairs, but African have the resources to back anything they want. The west back things because of what they have stolen from Africa over 400 years. Now why you think African can't do it on its own. The puppet government are dying and the young people are not having at all. Africa is the richest continent and now is there time. Everyone got rich off Africa 🌍 lol 😅😅😅 yes, we the gold, oil and many more to use and it's all our once they leave us alone. Thank you

  • @winnethdubeoly

    @winnethdubeoly

    3 ай бұрын

    Fake intellectualism 😂😂. Self serving rhetoric pouted as facts . Africans should stop being lobbyist for International bonds seller ( "INVESTMENT" . AFRICA IS Designated as the source of raw materials and human labour and market. Failure to address that there will never be development. Devalued currencies facilities access for investors and high revenue turnover for other countries ( so called investment) You won't learn this in western economics. They teach resource scavenging. It's a necessity to have failing all Africa economies . Ditch western economics books .

  • @trevoryingwane5714
    @trevoryingwane57143 ай бұрын

    It is a route that SA need to take. Reliance on USD is quite risky, how did we get to this stage in a first place?

  • @MindofKefane

    @MindofKefane

    3 ай бұрын

    Rockfeller is the simple answer ,do your research

  • @trevoryingwane5714

    @trevoryingwane5714

    3 ай бұрын

    @@MindofKefane thanks.

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@MindofKefaneThis Zim currency/zig IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @nyoni_tour6677

    @nyoni_tour6677

    3 ай бұрын

    I think with south Africa the bricks currency will play a role, Zimbabwe has been experimenting for year's to get the currency stable

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    @@nyoni_tour6677 I agree. That is why the SADC and other block-membership countries in Africa haven't formed single currency systems.... They don't even trust each other! Maybe one day, but for now people want to see trustworthy behaviour and thrifty spending behaviour, actually demonstrated consistently for at least five years or more. We hope it can be done for the sake of the suffering people.

  • @burgersandburnouts
    @burgersandburnouts3 ай бұрын

    Zimbabwe Thinking its Narnia were anything is possible if you just imagine

  • @lungisanidube2458
    @lungisanidube24583 ай бұрын

    Amazing grace, how sweet that sounds 👏🏿👏🏿👏🏿

  • @thecryptoguy8381
    @thecryptoguy83813 ай бұрын

    Good luck to Zimbabwe, an economic improvement of Zimbabwe will free Southern African countries due to influx of Zimbabwe

  • @jezuschrist7120
    @jezuschrist71203 ай бұрын

    They should have done this in 1980 ...its not rocket science that a currency must be backed by gold reserves for it to be stable ..

  • @gtxchufxvj
    @gtxchufxvj3 ай бұрын

    Pretty much any currency is beating the Rand. Going from bad to worse every year.

  • @hmmm9220

    @hmmm9220

    3 ай бұрын

    thats rather dramatic

  • @user-sy1wy6mn3z
    @user-sy1wy6mn3z3 ай бұрын

    I'm going to Zimbabwe

  • @mrk9801

    @mrk9801

    3 ай бұрын

    as an unemployed Artisan in South Africa I'm right behind you on that route

  • @mlungisimthanti8017
    @mlungisimthanti80173 ай бұрын

    This is great, South Africa should consider going back to the gold standard as well, prevent currency manipulation by banks 😅

  • @lokesh303101
    @lokesh3031013 ай бұрын

    Yes!

  • @shephardmakarutse
    @shephardmakarutse3 ай бұрын

    Interesting

  • @Lubnara764
    @Lubnara7643 ай бұрын

    Good 👍

  • @user-sl2jz8en3o
    @user-sl2jz8en3o3 ай бұрын

    Thank God for Zimbabwe.. Nigeria should do the same.. and back the Naira with gas n Gold too

  • @mohammedkeita8800
    @mohammedkeita88003 ай бұрын

    Good one my African brother

  • @josephinehlaisi5660
    @josephinehlaisi56603 ай бұрын

    Hallelujah!!!!

  • @patternaid280
    @patternaid2802 ай бұрын

    I wish them all the success in returning to real money and my Allha bless them for this ❤

  • @celiajames600
    @celiajames6003 ай бұрын

    Good news for Zim ❤ it will work

  • @firespitter263
    @firespitter2633 ай бұрын

    Zimbabwe Is God's 🇿🇼 ZIG

  • @user-wm1ws5nf6y

    @user-wm1ws5nf6y

    3 ай бұрын

    Yes bro..amazing 😊

  • @jacobmaposa1084
    @jacobmaposa10843 ай бұрын

    Yeah go Zimbabwe Go our own currency our Growth. I feel good

  • @shanaazabrahams1319
    @shanaazabrahams13193 ай бұрын

    ZamaZama gold

  • @Africana399

    @Africana399

    3 ай бұрын

    Enemy of progress 😂😂😂😂

  • @Venus-co3ov

    @Venus-co3ov

    3 ай бұрын

    You just had to 😂😂😂

  • @enidmashudumunene6433
    @enidmashudumunene64333 ай бұрын

    Zimbabwe here I come

  • @Kundai297
    @Kundai2973 ай бұрын

    Oooooh Lord let it be pliz

  • @patternaid280
    @patternaid2802 ай бұрын

    Good news so far

  • @papakwawduker4828
    @papakwawduker48283 ай бұрын

    Is there a ounce note....half ounce note quarter ounce note.....can someone explain how it works......

  • @TheCOOLstuff01

    @TheCOOLstuff01

    3 ай бұрын

    $1USD=13.56 ZiG and the smallest note is 1ZiG so you can do the maths

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@TheCOOLstuff01And this currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @nyoni_tour6677

    @nyoni_tour6677

    3 ай бұрын

    They also have an ounce of gold the mosi coin so I think that is also playing a role to the currencies

  • @MrHOPPONG
    @MrHOPPONG3 ай бұрын

    If it succeeds, Nigeria will follow suit.

  • @user-zi5tf4dy9q
    @user-zi5tf4dy9q3 ай бұрын

    Is It powerful

  • @zahraali3480
    @zahraali34803 ай бұрын

    Good news

  • @MrDebour
    @MrDebour3 ай бұрын

    This is good news

  • @wanderingdroplet6552
    @wanderingdroplet65523 ай бұрын

    Well done. Very good news. My country SA is falling apart.

  • @kudzaim5434
    @kudzaim54343 ай бұрын

    What happened to the bond notes that were backed by the afrexim bank loan😂😂

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    Exactly, I'm glad you remembered! Do you remember the "bearer cheques", the three iterations of Zim dollar notes, the "Special agro cheques" and the bond? 😂

  • @lwandotame6325
    @lwandotame63253 ай бұрын

    Let's goooo ZIM!!! ❤❤❤

  • @chrismanning1171
    @chrismanning1171Ай бұрын

    So what about all the people that are still holding the old Zim dollars and not the new ZIG dollar?

  • @collingonye4747
    @collingonye47473 ай бұрын

    If Zimbabwe claims that it's ZIG currency is backed by gold, it means that the value of the currency is tied to a specific amount of gold held by the government. In such a scenario, if a Zimbabwe issues a new currency and claims it's backed by gold, but they only have less than 1.5 tonnes of gold, it suggests that the currency's value would be limited to the value of that amount of gold. However, the actual mechanics and implications of such a backing would depend on the specific policies and arrangements established by the government. Typically, the value of the currency backed by gold would be determined by the gold reserves and the confidence in the government's ability to maintain the convertibility of the currency into gold at the promised rate.

  • @midreamfx

    @midreamfx

    3 ай бұрын

    Yap.

  • @0001tiger

    @0001tiger

    3 ай бұрын

    They have a lot of virgin land to mine, gold in Zim its every where...

  • @ivainyamutsamba8540

    @ivainyamutsamba8540

    3 ай бұрын

    I get you

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@midreamfxAnd this zig currency is not redeemable in physical gold.

  • @asanigoodie6664

    @asanigoodie6664

    3 ай бұрын

    LoL 🤣🤣🤣 you really believe that no my brother let me explain 1 ton is only backing up the new currency zim have tons and tons of gold...

  • @Notaboostbro
    @Notaboostbro3 ай бұрын

    Yet SA will never do this, because Cyril’s handlers won’t allow it.

  • @takhulu-gm6gl

    @takhulu-gm6gl

    3 ай бұрын

    nah keep watching. Dont forget the is BRICKS!

  • @haydenfinlay1957
    @haydenfinlay19573 ай бұрын

    Hope this works

  • @karenlynwilliam6301
    @karenlynwilliam63013 ай бұрын

    So if you are holding the 100 Trillion Note is it worthless now

  • @SocialistParadise
    @SocialistParadise3 ай бұрын

    You trust Zimbabwe government to not print more notes than they have gold ?

  • @midreamfx

    @midreamfx

    3 ай бұрын

    Mark my words,,they will only print more when they increase the reserves.Since they already noticed that this method is okay they jeopardise this. So they will work by the book.Reserve Bank is independent,its upto the Governor.

  • @madanhamuchineuta3157

    @madanhamuchineuta3157

    3 ай бұрын

    @@midreamfxyou need to buy a book called the fundamentals of Zanu PF.

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@midreamfxThe currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @blockbastermovies3155

    @blockbastermovies3155

    3 ай бұрын

    ​@@jimmycricket5366 Kkkk if you say that in public even your wife will reject you bro countries when they trade they issue what is called a bond so if that needs to be paid they in national currency or gold 😂😂 go back to school

  • @makhosimzobe9981

    @makhosimzobe9981

    3 ай бұрын

    ​@@jimmycricket5366as much as people hate the Zimbabwe government, I think it's high time things change in Zim, it's good for the ordinary people in the country, don't you think so. We need progress.

  • @siphopilime2035
    @siphopilime20353 ай бұрын

    My issue is that the gold reserves themselves will be looted if not already the case

  • @JohaneMushanguri
    @JohaneMushanguri3 ай бұрын

    I dnt think so wait to see defore to late

  • @jesh-ik5qh
    @jesh-ik5qh2 ай бұрын

    They should peg it to a third currency like yuan or rupee . Sign a Memorandum with China or India and help zig sail

  • @AndrewMavhayo
    @AndrewMavhayo3 ай бұрын

    Lot of Thanks to our finance minister doctor John mangudya

  • @kudzaim5434
    @kudzaim54343 ай бұрын

    These are jus papers 😂

  • @estheresthers5050
    @estheresthers50503 ай бұрын

    This shift should have been done a long time ago

  • @gtxchufxvj
    @gtxchufxvj3 ай бұрын

    Wait and See...

  • @emmanuelchavundura684
    @emmanuelchavundura6843 ай бұрын

    A currencu is backed by confidence of pipo and strong economic acticity not by gold

  • @zenzelexulu2967
    @zenzelexulu29673 ай бұрын

    South African currency is manipulated by its banks and certain individuals and are not punished

  • @greatartthoumaluleka6740
    @greatartthoumaluleka67403 ай бұрын

    Gold and silver were recognized currencies throughout the ages Zimbabwe is simply following the origins of currency as know in all Religious Manuscripts. Economics is a study of a lack of...Mineral currency bears intrinsic value hoards no interest or inflation.

  • @lusandasojane421
    @lusandasojane4213 ай бұрын

    And why is south Africa not talking the same route as zim did 🤔🤔🤔🤔

  • @nnn8502

    @nnn8502

    3 ай бұрын

    what happens if gold loses value?

  • @TheRamamedia

    @TheRamamedia

    3 ай бұрын

    🤡​@@nnn8502

  • @user-gy1rm7wx4s

    @user-gy1rm7wx4s

    3 ай бұрын

    ​@@nnn8502 😂😂😂😂 you're the most dumbest person l've ever see 😂😂😂😂

  • @sifisohlophe5090

    @sifisohlophe5090

    3 ай бұрын

    ​@@nnn8502Gold doesn't lose value as quickly as the fiat currency

  • @davidmafuika4193

    @davidmafuika4193

    3 ай бұрын

    ​​@@nnn8502Gold never losses value because there isn't alot of gold lying around. In fact when it becomes even harder to find gold, its value increases. Gold will only lose value if it becomes very easy to find gold everywhere like normal stones, which for sure will never happen.

  • @ryanmax-grappler8654
    @ryanmax-grappler86542 ай бұрын

    Its simple. Dont print too much money. Or you will flood market

  • @tatendamukome5914
    @tatendamukome59143 ай бұрын

    That’s bollocks

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    Exactly my friend. The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @OtherPeoplesBusiness_
    @OtherPeoplesBusiness_3 ай бұрын

    Will ZIG currency do a revaluation ? 1:55

  • @user-il5op5tc9m
    @user-il5op5tc9m3 ай бұрын

    Nato will never leave zim to be ahead of them

  • @user-hr1tj3vm3l
    @user-hr1tj3vm3l3 ай бұрын

    It's to soon

  • @matthewaislabie7354
    @matthewaislabie73543 ай бұрын

    Gold is God's money

  • @AmujeMwamad
    @AmujeMwamad3 ай бұрын

    God is nt a person Sur 🙏🙏🙏, God please bless also Malawi please

  • @GeorgeDickey-rw4hj
    @GeorgeDickey-rw4hj3 ай бұрын

    👍👍I love the grounded reality of this channel! Despite the economic recession, I no longer depend on Government Grants since I acquire $40,400 weekly profits

  • @GeorgeDickey-rw4hj

    @GeorgeDickey-rw4hj

    3 ай бұрын

    It's all thanks to Robert Marion

  • @shayelynne

    @shayelynne

    3 ай бұрын

    trading under proper guidance remains the best way to succeed in today's crypto market

  • @JohnWick-ct1gz

    @JohnWick-ct1gz

    3 ай бұрын

    Wow I know Robert Marion. He platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not he outperforms. I will forever stay invested!

  • @GeorgeTyler-sw5zb

    @GeorgeTyler-sw5zb

    3 ай бұрын

    The very first time I tried, I invested $5000 and after a week, we received $15000. That really helped us a lot to pay up our bills.

  • @TaylorAnderson-jj6kx

    @TaylorAnderson-jj6kx

    3 ай бұрын

    Yeah, $47k from Robert Marion, looking up to acquire a new house, blessings 🙌

  • @Johanna-tz9mg
    @Johanna-tz9mg3 ай бұрын

    All lies food prices have doubled this past week .. vehicle license was USD 20.00 per term, now USD 40.00 per term .. we cannot buy fuel in ZIG have to USD

  • @socertiesDB9
    @socertiesDB93 ай бұрын

    🇿🇼 🤣 its only been two days... zanupf are specialists in failure, it won't take time before it crashes... zanupf use the same playbook, no innovation at all...

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    Exactly... Can a leopard change its spots? Greed will kick in and this window-dressing exercise will flop.

  • @lwandotame6325
    @lwandotame63253 ай бұрын

    This is exactly what Malema and the EFF says could happen if we unite africa under one currency backed by all of our minerals. People act like they don't hear it 😢

  • @jackshrader4161
    @jackshrader41612 ай бұрын

    They should buy BITCOIN

  • @lirvadsa
    @lirvadsa3 ай бұрын

    lol actual backed by gold, what prevents them from printing more money than the gold they have.

  • @CorpusChristi-j8x

    @CorpusChristi-j8x

    3 ай бұрын

    Because we know how much gold they have🤷🏾‍♂️

  • @siyasamente9590

    @siyasamente9590

    3 ай бұрын

    Nothing is stopping them from printing more currency but like any currency the more you print the weaker it gets thus less buying power & the possibility of inflation. Gold backing mostly ensures the currency retains some kind of value as years go by whereas fiat\unbacked currencies are guaranteed to lose value over time

  • @ivainyamutsamba8540

    @ivainyamutsamba8540

    3 ай бұрын

    ​@@siyasamente9590I understand you

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    Nothing.

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@siyasamente9590The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming

  • @kole_mahlare
    @kole_mahlare3 ай бұрын

    South African currency is backed by what?

  • @TheCOOLstuff01

    @TheCOOLstuff01

    3 ай бұрын

    By USD , which actually backed by trust

  • @toppie5700

    @toppie5700

    3 ай бұрын

    tons of bullshit

  • @akhonazasembo3016

    @akhonazasembo3016

    3 ай бұрын

    Air

  • @kole_mahlare

    @kole_mahlare

    3 ай бұрын

    @@akhonazasembo3016 😂😂😂 and big bellies

  • @kole_mahlare

    @kole_mahlare

    3 ай бұрын

    @@toppie5700 😂

  • @user-jv5ph4ro1k
    @user-jv5ph4ro1k3 ай бұрын

    Watch carefully US will soon bring freedom and democracy to Zimbabwe as they did to Libya when Ghadaffi thought of this.

  • @stevestevens502

    @stevestevens502

    3 ай бұрын

    libya wanted to trade oil in gold dinars

  • @Rose-fv2gz

    @Rose-fv2gz

    3 ай бұрын

    Russia and China will help them just like they did during colonialism

  • @campbellesplin6480
    @campbellesplin64803 ай бұрын

    Hahaha! Take that ANC!! The worst indicator against the so-called SA politicians and clepto gangs!!!! 29 May here we come!!!

  • @joseromeudeabreu9999

    @joseromeudeabreu9999

    3 ай бұрын

    ANC must win.

  • @AsaMakalima
    @AsaMakalima3 ай бұрын

    😂

  • @osiras1382
    @osiras13823 ай бұрын

    50,000,000,000 zim x 1 cent = Acceptable

  • @vgakanje
    @vgakanje3 ай бұрын

    Are you sure with what you are saying Sir.

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @TuBeYou1118
    @TuBeYou11183 ай бұрын

    Hmmm those Who was laughing 😆🤣😂🤣 at ZIMBABWE your probably crying 😭😂😭 now SANCTIONS WHO .. AFRICA 🌍 RISING

  • @japrosper7240

    @japrosper7240

    3 ай бұрын

    Have you started benefitting? Does it give you a reason to start packing and go back home?

  • @aaronrathbone6693
    @aaronrathbone66933 ай бұрын

    Zimbabwe gold holdings is 2.5t .. South africa ... 125.41t ..... let that sink in and the other BRICS countries want to do the same ... it will wipe out the ZIG

  • @user-ec5ib4em7k

    @user-ec5ib4em7k

    3 ай бұрын

    Zim is dominated by Gold, having 2.5t in reserves doesn't mean that is the only Gold in the country holding the whole economy

  • @Ryan_Sever

    @Ryan_Sever

    3 ай бұрын

    Here's something to sink into your thick skull 125.41t is absolutely nothing south Africa will never see 200t of gold in their volts Zimbabwe is only beginning do you know how much gold is smuggled out of Zimbabwe and into Dubai Egypt and south Africa Baba do your research Zimbabwe as small as it is has been determined to harbour more gold than any African country that same gold you mentioned some of it comes from Zimbabwe through underground rings your mad Zimbabwe is leading the charge in in freeing Africa from Western terrorism you should be happy now every can follow Zimbabwe and bring fourth Muammar Gaddafi's African dream if you even know who he is 🤡😂

  • @aaronrathbone6693

    @aaronrathbone6693

    3 ай бұрын

    @user-ec5ib4em7k south Africa's record low is 88t production in 2022 ... Zimbabwe record high same year 32t production. .also a huge new gold reserve was just discovered this year In south africa ...

  • @aaronrathbone6693

    @aaronrathbone6693

    3 ай бұрын

    @user-ec5ib4em7k ZIG is backed in gold and foreign currency holdings of the govermeny .. so yes the ZIG is directly tied to the reserves of said government.. just having it in the ground isn't valuable you need to get it out .. and it can't disappear on the way to the save storage as many things do in Zimbabwe... these are just facts

  • @Ryan_Sever

    @Ryan_Sever

    3 ай бұрын

    @@aaronrathbone6693 🤡😂😂😂 wait and see

  • @johanroos699
    @johanroos6993 ай бұрын

    This pipe dream won't last long.

  • @Capetownboy13
    @Capetownboy133 ай бұрын

    To all fellow Zim Foreign Nationals... What's up my Ziggas

  • @siphopilime2035
    @siphopilime20353 ай бұрын

    What for me will be interesting to watch more so than the 'gold-backed' currency, is Zimbabwe's foreign policy. SA potentially scored an own goal with the 🇮🇱 court case but it still is part of the ever expanding BRICS which I foresee issuing a currency of their own in the foreseeable future. Let's be clear. Both my countries wreak with the stench of corruption but SA has much stronger fundamentals and institutions

  • @basedsigma5634
    @basedsigma56343 ай бұрын

    Zig= 0.00000008912 USD

  • @TheCOOLstuff01

    @TheCOOLstuff01

    3 ай бұрын

    You need to go back to school if you have ever been there in the first place

  • @basedsigma5634

    @basedsigma5634

    3 ай бұрын

    @@TheCOOLstuff01 zig is like shiba inu crypto currency😁

  • @TheCOOLstuff01

    @TheCOOLstuff01

    3 ай бұрын

    @@basedsigma5634 Shame

  • @jimmycricket5366

    @jimmycricket5366

    3 ай бұрын

    ​@@basedsigma5634The currency IS NOT gold backed. This young man has no idea what he's talking about! This currency is NOT redeemable in gold. If he thinks a puny two tonnes of gold can back the currency of a medium sized country like Zimbabwe he's dreaming.

  • @basedsigma5634

    @basedsigma5634

    3 ай бұрын

    @@jimmycricket5366 we know its BS , like shiba inu🤣

  • @Papito_ZA
    @Papito_ZA3 ай бұрын

    Whats the spelling of this Zig/ ZG 😂... I might buy some forex there ...

  • @ShahryarSaigol
    @ShahryarSaigol3 ай бұрын

    Can a Zimbabwean walk into a bank and obtain gold against his Zig? No? Then it is just as worthless as the zdollar

  • @ronburgandy1475
    @ronburgandy14753 ай бұрын

    I feel for the country because the amount of poor management has been terrible... *WITH THAT SAID* I wouldn't buy any, you still have to TRUST the exact same government to not dilute the paper for the gold equivalent. It's the EXACT SAME REASON why every gold backed currency has failed. They all rely on the 3rd party.

  • @tonyadeyemi9085
    @tonyadeyemi90853 ай бұрын

    Thats not true people refusing it

  • @TheCOOLstuff01

    @TheCOOLstuff01

    3 ай бұрын

    Which people, us the Zimbabweans we love it

  • @Bossnj
    @Bossnj3 ай бұрын

    So 300 trillions is 60$?

  • @TrapstarJolene

    @TrapstarJolene

    3 ай бұрын

    I wanna know too

  • @Blaze_Don1
    @Blaze_Don13 ай бұрын

    Zigzag it's a matter of time before it loose it's strength

  • @maxyogi
    @maxyogi3 ай бұрын

    So... China now Owns Zimbabwe. Atleast UNTIL Zimbabwe accepts Chinese Currency as it's base.

  • @siyasamente9590

    @siyasamente9590

    3 ай бұрын

    How did you draw that conclusion from the video?

  • @ivainyamutsamba8540

    @ivainyamutsamba8540

    3 ай бұрын

    ​@@siyasamente9590true

  • @basedsigma5634
    @basedsigma56343 ай бұрын

    Kak praat.