Gold has been treasured and held by people since ancient times. Five millennia ago people on the Aegean Sea learned to smelt gold. The inhabitants of old Egypt and Sumer were very likely the first to craft precious metals into small ingots and wire. They did not seem to use these items for trading and purchases, but rather as gifts. It the world today you may choose to buy gold San Francisco.
Historians credit King Croesus of Lydia with being the first monarch to order coins to be struck. This was in the sixth century BC in western Turkey. Coinage then spread to the neighboring Greek city-states.
Alexander the Great helped to spread the attractiveness of coinage far and wide as he militarily annexed huge tracks of territory in the Middle East and Southwest Asia. The proliferation of coinage expanded quickly through the Old World and is common today worldwide.
When members of the public fear asset seizure and currency devaluation, the demand for precious metals goes up. So does hoarding. During World War I the governments of Europe were hard pressed to fund the war. The populace was hoarding precious metals. Some governments forced their citizens to give up their precious coins. It was a difficult time and the beginning of the end for the general use of these coins.
Nearly twenty years later the U. S. Government found it necessary get control of this element being hoarded as coins and bars by its citizens. The U. S. Mint ceased minting gold coins by 1933. The government then made it illegal for citizens to hold these and forced them to turn them in for a set amount of paper money.
Today many nations do mint precious coins for investment and collectors. The top coin in the world for investing is the South African Krugerrand. Other top investment coins include the American Eagle, Austrian Sovereigns, Canada Maple Leafs, China Pandas, Austrian Philharmonics, and UK Sovereigns. The demand for gold is also influenced by production of jewelry and manufacture of electronics.
Today this precious element in coin and in other investment formats continues to be advertised as a hedge against both inflation and currency devaluation. There is very lively discussion in the media today about the potential for inflation in the marketplace. This is because many governments are printing money to continue funding government functions in times of lower tax revenues. This is a strong debate with many economic and monetary experts making cases points pro and con. Some might argue that this is a very good moment to buy gold San Francisco.
buy gold San Francisco
Historians credit King Croesus of Lydia with being the first monarch to order coins to be struck. This was in the sixth century BC in western Turkey. Coinage then spread to the neighboring Greek city-states.
Alexander the Great helped to spread the attractiveness of coinage far and wide as he militarily annexed huge tracks of territory in the Middle East and Southwest Asia. The proliferation of coinage expanded quickly through the Old World and is common today worldwide.
When members of the public fear asset seizure and currency devaluation, the demand for precious metals goes up. So does hoarding. During World War I the governments of Europe were hard pressed to fund the war. The populace was hoarding precious metals. Some governments forced their citizens to give up their precious coins. It was a difficult time and the beginning of the end for the general use of these coins.
Nearly twenty years later the U. S. Government found it necessary get control of this element being hoarded as coins and bars by its citizens. The U. S. Mint ceased minting gold coins by 1933. The government then made it illegal for citizens to hold these and forced them to turn them in for a set amount of paper money.
Today many nations do mint precious coins for investment and collectors. The top coin in the world for investing is the South African Krugerrand. Other top investment coins include the American Eagle, Austrian Sovereigns, Canada Maple Leafs, China Pandas, Austrian Philharmonics, and UK Sovereigns. The demand for gold is also influenced by production of jewelry and manufacture of electronics.
Today this precious element in coin and in other investment formats continues to be advertised as a hedge against both inflation and currency devaluation. There is very lively discussion in the media today about the potential for inflation in the marketplace. This is because many governments are printing money to continue funding government functions in times of lower tax revenues. This is a strong debate with many economic and monetary experts making cases points pro and con. Some might argue that this is a very good moment to buy gold San Francisco.
buy gold San Francisco
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