What Is the Gold Standard?

What Is the Gold Standard?

The gold standard is a monetary system that fixes the domestic currency against a specific amount of gold. That means you can exchange the currency for a set amount of gold, and the government guarantees it. In the late 19th century and early 20th century, you could...
The Most Valuable Gold Coins

The Most Valuable Gold Coins

Gold, the most precious metal on earth, has served as a monetary unit of exchange for thousands of years, and you may be wondering why. Here are just a few reasons: Does not tarnish Has a high value-to-weight ratio Has relatively low spread Difficult to counterfeit...
Cash or Gold: Is Gold Worth More than Money?

Cash or Gold: Is Gold Worth More than Money?

Gold’s impressive track record goes back thousands of years. Today, the shiny precious metal is a blue-chip investment amid widespread market uncertainty and rising global tensions. Investors can invest in gold through purchasing a physical product, buying stock in...
How Did Gold Become Valuable? The History of Gold

How Did Gold Become Valuable? The History of Gold

The economies of the world have always held gold in high regard. Even though gold mining did not have the safety regulations and workplace technologies that modern companies have, they were present in most countries before the advent of sailing or flight. Throughout...
What Are Gold Impurities? How Do You Remove Them?

What Are Gold Impurities? How Do You Remove Them?

Few people don’t own gold in some form or another. It might be as simple as a gold wedding band or locket, or gold bars or coins purchased as an investment. It could also be trading in gold, be it gold options and futures, gold IRAs, gold ETFs, gold mining shares, or...
How Much Gold is in the World?

How Much Gold is in the World?

We all agree that gold is a beautiful, valuable material. Gold ore is extracted from the earth in a nearly pure form. This makes gold different, as most metals need processing to be purified. This shiny metal is a deep shade of yellow and can be mixed with metal...