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Throughout history, different degrees of gold have been used as a medium of exchange. National governments created paper money that was pegged to the price of gold and served as a legal claim to actual gold for much of the 17th through the 20th century. Gold was used for international commerce. Therefore, for both…
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Category: Gold Bars
A Country Within a Country
Let’s be blunt about it and not beat around the bush – Europe is in serious trouble. This is an issue for everyone around the world due to the global markets being heavily entangled with one another because of the rapid expansion of the derivatives market. Energy prices in the Eurozone are skyrocketing and citizens…
What is the Origin of Gold?
In every way, gold is exquisite. The majority of people are unaware of the fact that, while we mine for gold here on earth, all of the gold that has been deposited there was created during the explosions of stars and collisions of asteroids and eventually made its way to earth over time. One…
What is gold mining?
Geologists collect ore samples to identify the ideal locations for businesses to mine as the first step in the process. The mining process can start once mining experts have determined where the gold is and what materials are around it. If the gold is found near to the surface, open-pit mining methods are used…
Zimbabwe tackles rising prices with gold
How Zimbabwe tackles rising prices with gold ! In recent years, many countries worldwide have been seeing drastic inflation rates due to several global, international, and national factors. The pandemic had a significant impact on the world’s economy including unemployment rates soaring, businesses struggling, and much more. With prices rising worldwide, people are struggling…
