Much has been written about the merits of the Gold Standard but there seems to be a lack of knowledge about the history of the various exchange-rate regimes over the years and why each was introduced and replaced. The infographic below does an outstanding job of doing just that.
The infographic* below from GoldMoney (www.goldmoney.com) is brought to you by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds). This paragraph must be included in all re-posting to avoid copyright infringement.
Throughout history humans have specialized in producing goods and figuring out ways to pay for them. This infographic shows how we began by bartering goods with each other, moved on to more sophisticated methods of payment like metal and paper currency, and finally, today, to making payments with credit cards and smartphones.
Paper money was first used by the Chinese during the Tang Dynasty in 806 AD–500 years before Europe began printing money in the 17th century. It would be another 100 years before America started circulating a national paper currency…. How familiar are you with banknotes from around the world?
From ancient times to the famous gold rushes, gold was first discovered in placer deposits….Today, however, most gold comes from hard rock deposits where gold is disseminated or associated with other metals and mined either through open pit or underground mining. This infographic tells (shows) you everything you need to know about gold mining and it supply from around the world.
The Gold Tree Infographic below visualizes above-ground stock, sources and uses of gold and pictures the different forms of gold investments – ranging from physical gold in the form of bullion gold to securities not backed by gold.
Gold-producing countries are found on nearly all continents, and represent the gamut of economies from developed super-powers to small, emerging market countries. With gold’s spectacular rise in price and related demand, it’s worth your time to know a little bit about where all the gold comes from.
You know it’s shiny, it’s rare and it’s the standard against which all good things are measured but how much do you really know about gold? Take the 2.0 edition of our interactive quiz to test your knowledge of gold history, geography and politics.
Nevada has been a prolific mining region in the U.S. since the famous Comstock silver discovery in the late 1800s. It is now gold, however, that draws miners to Nevada. Learn more about how Nevada has become the next American gold rush in the infographic below.
Wars have been fought over gold, love has been expressed by it an gold has changed the landscape of civilizations and the world – but what makes gold so great? This infographic examines the history of gold from ancient history to the gold rushes of the centuries ago. It looks at its properties and how it became not only a currency, but the gold standard.
How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.