How to get rich using gold coins without investing your own money.

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Gold Coin: A Self-Enrichment Scheme for the Elites

Take your USD to the parallel market and get RTGS at, say, 1 USD to 950

Buy gold coins in RTGS at 1 USD to 441 (gold coin exchange rate) and make a profit of more than 100%

The Gold Coin arbitrage

This is common sense

— Prof. Arthur G.O. Mutambara (@amutambara) July 27, 2022

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Gold Coin & the Elites

It gets worse!

For the elites; you take your RTGS to the RBZ and buy USD at the auction rate, say 320

You take this ill-gotten USD to the parallel market and buy RTGS at 950

That is a profit of 200%

Then go and buy your gold coins at 100% profit

— Prof. Arthur G.O. Mutambara (@amutambara) July 27, 2022

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From 10K USD to 60K USD (With no Production)

500% Profit for the Elites

Take 10k USD to the parallel market and buy RTGS at 950

Go to the RBZ & buy USD at 320 (auction rate)

Go back to the parallel market & buy RTGS at 950

Buy gold coins & pay in RTGS

It is shameful

— Prof. Arthur G.O. Mutambara (@amutambara) July 27, 2022