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Last week a major warning signal came out from the UK pension funds. They alerted financial officials that without immediate monetary intervention the funds would become insolvent, sending a shockwave of epic proportion throughout the entire global market. It has since come out that UK pension funds were mere hours away from total collapse that…
Category: Gold
Countries with Largest Gold Reserves
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…
Chinese New Year 2023: Festival Overview, What to Expect & The Date
Intro: The Chinese New Year is a holiday celebrated in China, Hong Kong, Taiwan, Macau, Singapore, and other parts of the world. It is also called the Lunar New Year and it celebrates the beginning of a new year on the traditional Chinese calendar. The festival falls on the last day of the final…
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…
World’s Largest Gold Mines
Overview Gold has been mined for centuries, given that it only makes up 0.001 to 0.006 parts per million of the earth’s crust, gold is one of the world’s rarest elements. There are many ways to mine gold, but the most common are open-pit and underground mining. It is a lucrative business, with many factors…
