【AUVESTA 】 Looking at the economy from the perspective of war-torn countries, the current situation in Afghanistan and Iraq and the advantages of AUVESTA gold & precious metals

2021 年 9 月 4 日

Inflation, rising prices, and the turbulent situation. If you are in such a situation, what should you do? Plan ahead and buy reliable private gold to hedge against inflation and risks!

To know more about AUVESTA : https://auvesta.co.uk//?Issuer=94739&h1=996399&h2=0f904bbf-939d-43d9-a9d1-28719f690aca

Afghanistan and Iraq

1. Mass unemployment

The local currency continued to depreciated against the U.S. dollar, inflation was severe, prices soared and the economy fell into trouble.

As a result, a large number of young people are out of work and are seriously underpaid.

Many low-level civil servants have not received a salary for several months and many people are unemployed. Rent and food are both problems.

2. The prices of all commodities are very high

The local currency continues to depreciate against the U.S. dollar, with severe inflation and rising prices

Prices in Afghanistan have soared by one to two percent. A bag of flour has risen to around USD$23.36, making it difficult for local bakery businesses. The traditional market in Kabul, Afghanistan is still crowded, but the consumption power is shrinking

There are not many factories in Iraq, and even lighters are imported. Staple foods such as flour and rice are also imported. Therefore, the prices of various commodities are high.

3. Local financial institutions and currency conditions

For Iraq, the continued depreciation of the local currency has caused a peculiar phenomenon: Iraqis do not accept Iraqi currency

All local international contracts are quoted in U.S. dollars. Of course, there are no contracts involving foreigners, they are still using local currency. As long as they are in contact with foreigners, they will not receive local currency, and they will always ask for U.S. dollars

Since the Taliban took over Kabul, Afghanistan, all banks and major currency markets are closed. The saving deposits cannot be withdrawn, and the gold rings cannot be sold.

4. Extreme Poverty

In Iraq, currency devaluation and inflation have caused a serious shortage of adult jobs.

Many children in Iraq do not go to school. There are no desks and books in the classroom. The local finances are too poor. The parents are also poor. Many children don’t have shoes to wear. There are children who are herding sheep or begging at traffic lights in the city.

The current situation in Afghanistan: The US Federal Reserve froze nearly $9.5 billion of Afghanistan’s reserves, leaving the Taliban facing a cash crunch and currency woes

How to deal with the current predicament has attracted the attention of the outside world

To know more about AUVESTA : https://auvesta.co.uk//?Issuer=94739&h1=996399&h2=0f904bbf-939d-43d9-a9d1-28719f690aca

Why must buy AUVESTA private gold hedging?

1. As long as DHL can deliver it, you can receive precious metals tfrom shipping and delivery

2. As long as members of AUVSETA have passed KYC certification, they can choose to pick up on site or receive it from international shipping

3. You can sell your gold online back to AUVESTA company to cash out through international transfer or convert the money into the stable currency USDT in cryptocurrency. 100% online transaction processing.

4. You hold 100% ownership of your precious metals. The precious metals are safely stored in a vault in the stable and safe countries such as Singapore, Britain, Germany, etc. Your assets are safe.

5. Private gold has no reputational risk

6. Private gold is stateless. No government or organization or any institution has the right to confiscate or freeze your private gold.

To know more about AUVESTA : https://auvesta.co.uk//?Issuer=94739&h1=996399&h2=0f904bbf-939d-43d9-a9d1-28719f690aca

AUVESTA is currently one of the projects of Work Your Wealth. It has anti-inflation and value-added asset investment projects. It is a long-term investment and has high stability.

AUVESTA is a famous German gold company that has been operating since 2009, specializing in the purchase, sale and storage of physical gold, silver, platinum and palladium.