New President Emmerson Mnangagwa has a plan to end Zimbabwe's economic isolation:
pay compensation to white farmers whose land was confiscated,
sell bonds to rebuild infrastructure and hold internationally acceptable elections.
"We really need a substantial investment in the productive economy," he declared, remaining optimistic about lender support and tapping international capital markets.
Note .... The gold bull market in the 1970s and 1980s happened even as the Fed tested record-high interest rates. The yield on the 30-year Treasury bond rallied sharply during the late 1970s, eventually topping 15% in 1981. Gold rallied from about $100 per ounce in 1976 to over $850 per ounce in 1980.
10 charts that show why gold is undervalued right now - Frank Holmes - U.S. Global Investors | about 19 hours ago | ex.
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