Monday , 25 September 2017


U.S. Fixation On Gold Unlikely to End Any Time Soon

While it is true that there have been some hiccups along the way, such as Roosevelt’s confiscation of gold in 1933, it is unlikely that America’s fixation on gold will end any time soon. Below are the facts regarding the history of gold in the USA.

The above introductory comments are edited excerpts from an infographic by Jeff Desjardins (VisualCapitalist.com) entitled Gold in the United States of America.

The following infographic is presented courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!)and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.

Desjardins goes on to say in further edited excerpts:

It all started in Stafford, Virginia in 1782, when Thomas Jefferson documented the first gold discovery himself. Since then, Americans have been searching for gold far and wide. The California Gold Rush brought hundreds of thousands of people to the West in search of new found wealth. Years later, many more ventured into Alaska’s wilderness to hit it rich.

Even today, there is a modern gold rush in Nevada, where the five biggest gold mines (by contained oz) are located. The U.S. produced 8.2% of the world’s gold in 2013, which puts it in third place for annual production.

gold-in-usa-infographic

The future is still bright for gold in America: in fact, just three undeveloped deposits in Alaska (Pebble, Donlin, and Livengood) hold a potentially game-changing 180,000,000 oz of gold combined.

Editor’s Note: The author’s views and conclusions in the above infographic are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.visualcapitalist.com/gold-in-the-usa-infographic/(Copyright © 2014 Visual Capitalist | All rights reserved; Don’t forget to connect with Visual Capitalist to receive daily infographics through e-mail or social media.)

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Other Infographics on Gold:

1. Gold Trends to Watch For During the Rest of 2014 & Beyond

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2. Part 1: Gold Is the Most Sought After Metal On Earth – Here’s Why

This infographic, part one in our 2014 Gold Series, introduces the yellow metal and tells the story of how it became the most sought after metal on earth. Read More »

3. Part 2: Where On Earth Is the World’s Gold?

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4. Part 3: China’s Role in the Future of Gold

In this infographic we look at how gold growth in China will impact the future of the precious metal. In Q4 of 2011 and continuing into 2012, China has bought more gold overall than even India and will continue to play an important role in consumption.

5. Part 4: 5 of the Best Reasons to Own Both Physical Gold & Their Miners – Especially Now

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7. An Infographic on the History of Gold and What Makes It So Great

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8. An Infographic on Gold Mining & Supply

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9. Vaulted Gold: What Is It and How Does It Compare With Other Gold Investments?

The infographic below on vaulted gold explains what vaulted gold is and visualizes key facts relating to investments in gold that is stored on behalf of investors in high-security vaults.

10. Where in the World Does All the Gold Come From? Look at This Infographic

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11. Gold: Why It Makes the Ideal Alternative Pricing Mechanism – An Infographic

Measuring market data using fiat currencies can be misleading. Even though an asset may rise in dollars, it may be because of declining currency value rather than true economic process.  With central banks devaluing currency at record rates, gold’s steady purchasing power makes it an ideal alternative pricing mechanism. Read More »

12. An Analysis of the World’s Top 50 Gold Producing Mines

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13. Dumpster Diving for Gold – An Infographic on “Urban Mining”

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14. This Infographic on Gold Shows/Tells It All

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