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1. The Gold Coins: How do they work?
These are not coins for day to day transactions in shops, they are βsafeβ INVESTMENTS.
Instead of keeping cash that can suffer from inflation, u keep gold.
U can sell them in future at prevailing gold prices.
In short, STORING VALUE.
These are not coins for day to day transactions in shops, they are βsafeβ INVESTMENTS.
Instead of keeping cash that can suffer from inflation, u keep gold.
U can sell them in future at prevailing gold prices.
In short, STORING VALUE.
2. Do l take the coin home?
It depends on the @ReserveBankZIMβs preferred arrangement but the best approach is for people to take home their coins if they want to or have them stored somewhere safer. Surely itβs dangerous to keep such valuable coins in your house.
It depends on the @ReserveBankZIMβs preferred arrangement but the best approach is for people to take home their coins if they want to or have them stored somewhere safer. Surely itβs dangerous to keep such valuable coins in your house.
3. Wonβt they be smuggled out of Zimbabwe?
In South Africa, the @SAReserveBank allows individuals to export up to 15 Krugerrand gold coins. The RBZ can put such limits too.
However, there is no benefit in taking them elsewhere if RBZ is selling them at International Gold Prize.
In South Africa, the @SAReserveBank allows individuals to export up to 15 Krugerrand gold coins. The RBZ can put such limits too.
However, there is no benefit in taking them elsewhere if RBZ is selling them at International Gold Prize.
