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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 Price Canada
Why is Gold loved in Indian Culture?
Gold has undoubtedly been a significant staple in Indian culture for as long as we can remember. Since the discovery of gold, it has been integrated into our society in a variety of forms however, gold has significant importance in Indian culture. As a matter of fact, India is the world’s largest gold consumer…
Promising Days in 2022 to Buy Gold
Investing in gold in 2022? You might want to look at the Auspicious Days for it. Gold has been a highly sought-after commodity since time immemorial. It has been used as a form of currency, an ornament and even as a symbol of power and status. Gold is considered auspicious in Hinduism because it is…
Exter’s Pyramid: The Path to Higher Silver & Gold Prices
John Exter is said by some to be the most honest central banker in history. Of course, the bar is not set too high as central banking is rife with opaqueness that causes most of the public to be highly unaware of what goes on within this sector of the economy. However, before his…
What is a Recession?
As we emerge from the pandemic, we’re hearing a lot of talk about a “recession”, but what exactly does that mean? The exact definition of a recession is a significant decline in economic activity over a long period of time. This can occur when the nation’s Gross domestic Product (GDP) is negative. Other signs…
