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A Brief History of Gold
The earliest known use of Gold as a medium of exchange goes back to 560 B.C. That year King Croesus of Lydia (located in modern day Turkey) began his reign. King Croesus founded the first government mint. Since then GOLD has been a formalized, essential, and very popular basis for the world's economic life, replacing virtually every other commodity of value to mankind (such as cattle, cocoa, beans, shells, and skins, etc.). The Greeks, Romans, Europeans, as well as virtually every civilization in the world, have kept GOLD steadfastly at the center of mankind's monetary system. Even today, with no GOLD backed currencies, what does virtually every central bank keep in its vaults? GOLD! Why? Because GOLD has been used as a medium of exchange longer than any currency in the world. The Central Banks of the World hold it as the ULTIMATE form of international payment.
Owning GOLD has been proven over thousands of years to be wise and prudent. GOLD alone stands as the one and only UNIQUE and permanently SAFE form of monetary exchange throughout the ages. |
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| GOLD is extremely RARE. As an illustration, think of this: More steel is poured in ONE HOUR that all the GOLD that has been poured since the dawn of time! GOLD, because it is so RARE and so highly regarded, is truly the ultimate store of value. |
Gold is the synonym for goodness, for purity, denoting the best, the finest available anywhere in the world. People who strive for the ultimate achievement refer to it as "going for the Gold," regardless of the particular field or skill being measured. Throughout history, Gold has been the universal measure of wealth and success. Midas had the "Golden Touch." When California was booming in the mid-nineteenth century, we called it the "Gold Rush".
Today, governments acknowledge that Gold has its own free market throughout the modern world. Currently, Gold prices fluctuate well above $300 per ounce. |

A coin from the first known
government mint. |
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