The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label kyrgyzstan. Show all posts
Showing posts with label kyrgyzstan. Show all posts

Wednesday, June 14, 2017

Kyrgyzstan is the newest country planning on creating a national gold backed cryptocurrency

The nation of Kyrgyzstan is quickly becoming one of the most important countries in the Eurasian sphere, as it is not only a part of the burgeoning Eurasian Economic Union (EEU), but they are also an important point along China's new Silk Road initiative.  And in preparation of their becoming a rising star for the future of emerging economies, the Prime Minister of Kyrgyzstan announced on June 14 that his nation in the process of planning for the creation of a gold backed sovereign cryptocurrency.

Kyrgyz authorities are preparing to release a national cryptocurrency. The ambitious project will engage the Russian company "crypto HH", which will become the main trader during the ICO (Initial Coin Offering - initial public offering cryptocurrency).Responsible for the project assigned to the local state-owned company "Trading House Kyrgyzstan", where the release of information has been confirmed officially. According to two sources close to the Kyrgyz government, the new cryptocurrency (its working title - GoldenRock) will be backed by gold. 
Kyrgyz authorities have decided to undertake the development of gold deposits, this state needs private investment. For quick money decided to release cryptocurrency - this is the first public project in the Eurasian Economic Community (EAEC). Each unit (a token) GoldenRock be backed by gold equivalent. The owner of the token after the development of the field will be able to exchange it for the metal. The decision of the exact value of the token is pending. - IZ

Thursday, February 16, 2017

Central Asian country's central bank calls for all its citizens to buy and own at least 100 grams of gold

In a move that is completely opposite to the way Western governments and central banks see the monetary power of gold, the central bank for the nation of Kyrgyzstan on Feb. 15 called for every one of their citizens to work towards buying and owning at least 100 grams of gold.

Starting in 2015, Kyrgyzstan began offering gold bullion to their citizens as a way to diversify their wealth in the face of global financial turmoil, and to protect against the ongoing currency wars that were seeing nation after nation devalue their currencies and accrue massive debts.

A landlocked nation perched between China and Kazakhstan is embarking on an experiment with little parallel worldwide: shifting savings from cattle to gold. 
One of the first post-Soviet republics to adopt a new currency and let it trade freely, Kyrgyzstan’s central bank wants every citizen to diversify into gold. Governor Tolkunbek Abdygulov says his “dream” is for every one of the 6 million citizens to own at least 100 grams (3.5 ounces) of the precious metal, the Central Asian country’s biggest export.  
“Gold can be stored for a long time and, despite the price fluctuations on international markets, it doesn’t lose its value for the population as a means of savings,” he said in an interview. “I’ll try to turn the dream into reality faster.” 
In the two years that the central bank has offered bars directly to the population, about 140 kilograms of bullion have been sold, Abdygulov, 40, said by phone from the capital, Bishkek. 
“We are hopeful that our country’s population will learn to diversify its savings into assets that are more liquid and -- more importantly -- capable of retaining their value,” he said. In rural areas, cattle is still the asset of choice for investors and savers, according to Abdygulov. - Bloomberg