In this video by ‘Loving Life’ we see a report on the ANC government and their intention to nationalise the reserve bank. The ANC wants the reserve bank to be owned by amongst others; Stokvels, taxi associations and burial societies. How is ‘Wall street’ going to react to this?. And with the already plummeting Rand, it is suggested that you “Get your money out of Rands, buy and hoard physical gold and silver which is US$ price based. Offset your losses as the Rand collapses”.
The video discusses all aspects of this suggestion of nationalising the bank and the effect that it will have on the country. “South Africa is fast becoming Zimbabwe number 2”
South Africa Today – South Africa Media
South Africa must take notice of ANC’s plans to nationalise Reserve Bank
Reserve Bank: ANC’s double talk and Ramaphosa’s ‘fork tongue’