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Know the reasons why it is very important to invest in gold and silver now and how to protect yourself against inflation and economic uncertainty. Learn how investments in gold and silver will give you financial stability you need and why it is by far the safest investment available today.
Published by Dawie Ackermann 78 months ago in Gold & Precious Metals | +2 votes | 0 comments
Scientists have calculated that for the time of obtaining gold from the bowels of the earth have learned the order of 200,000 tons. If the cast of this gold cube, it becomes more than the eight-story building. The biggest statue that has ever been made of gold, established by order of Queen Semiramis of Assyria. This statue of the goddess Rhea, who was seated on a throne, surrounded by lions, weighing over 250 tons. Now its fate is virtually unknown.
Published by angel cool 79 months ago in Gold & Precious Metals | +10 votes | 0 comments
Located 10 miles southwest of Salt Lake City, Utah is the deepest open-pit mine in the world called the Bingham Canyon Mine. The mine is also known as the Kennecott Copper Mine. The mine is primarily a copper mine, and they have been digging at the Bingham Canyon Mine since 1903. At present, the Bingham Canyon Mine is over three-quarters of a mile deep, which makes it the deepest open-pit mine in the world.
Published by Joe Dorish 80 months ago in Gold & Precious Metals | +2 votes | 2 comments
In 1982 United States Pennies went from being made of 95% copper and 5% zinc, to 2.5% copper and 97.5% zinc. Recently because of the rise in the value of copper pennies from 1981 and earlier are worth over twice their face value. This means your penny jar could be worth allot more than you think it is.
Published by Aaron Randolph 82 months ago in Gold & Precious Metals | +0 votes | 0 comments
A look at a few sites offering gold, silver and other precious metal bars, ingots and bullion as investments. A comparison of which site offers the best value and terms.
Published by 83 months ago in Gold & Precious Metals | +7 votes | 3 comments
Possible Lines of Reform of the Bretton woods System Since, the world monetary crisis has emerged out of the domination of one or two major economies and persistent deficits or surpluses in balance of payments, the main purpose of the reforms is to forestall a recurrence of major imbalances such as the huge U.S. deficit of recent years or the surpluses as in the case of West Germany or Japan.
Published by Niitesh Mundra 83 months ago in Gold & Precious Metals | +0 votes | 0 comments
Reforming the Bretton Woods System The first stage of the reform of the international monetary system began when the Governors of the International Monetary Fund took a decision to this effect in their Annual Meeting held in 1971 in Washington. It reached a final stage when the Interim Committee of the Board of Governors in their meeting held in Kingston, Jamaica on 7-8 January, 1976 reached an agreement on an important package of reforms relating to I.M.F.
Published by Niitesh Mundra 83 months ago in Gold & Precious Metals | +0 votes | 0 comments
Breakdown of the Bretton Woods System A nicely and diligently built up system of exchange stability by the I,M-F. seemed to have collapsed like a house of cards. This was brought about by the dollar crisis created by the adverse American balance of payments which reached a record-breaking and back-breaking figure of $11,300 billion in the first half of 1971.
Published by Niitesh Mundra 83 months ago in Gold & Precious Metals | +0 votes | 0 comments
Published by Review Summaries 84 months ago in Gold & Precious Metals | +0 votes | 1 comments
With money become worth less and less and also the fact it has an uncertain future, many people are turning to precious metal as an investment. Started in 2009, SilverGoldBull is one of many sites springing up to supply this new demand for silver and gold bullion. With silver coins, for sale, starting at just $4, (suitable both for investing and collecting), anyone can start saving their money in precious metals. There are ten silver coins all under $50 and buying one or more of these each mont...
Published by 84 months ago in Gold & Precious Metals | +9 votes | 12 comments
Disadvantages of Gold standard Gold standard is an expensive affair and the expenditure is superfluous. We merely desire a standard of exchange; why must it be prepared of gold? It is sumptuousness. "The golden metal might entertain the visualizing of savages only." The disadvantages of gold standard can be summed up as under the following sub heads:
Published by Gazu Lakhotia 86 months ago in Gold & Precious Metals | +1 votes | 0 comments
Buying gold like any other investment requires you to do a little homework to insure that you buy from a reputable source and buy a quality product.
Published by Pat Bartels 108 months ago in Gold & Precious Metals | +3 votes | 9 comments
Selling gold through cash for gold sites can mean getting less than it is worth.
Published by Katelyn Thomas 107 months ago in Gold & Precious Metals | +4 votes | 3 comments
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