by admin | Dec 3, 2011 | Articles
Gold nuggets are naturally occurring large masses of native gold found in alluvial deposits. Often they are concentrated by watercourses and recovered by placer mining. In other instances, gold nuggets are found in piles of residue in sites where mining operations...
by admin | Dec 3, 2011 | Articles
There are thirty-three known bullion coins in the world. Of these, 5 are made of platinum, 1 of palladium, 9 of silver, and 18 of gold. And of all these precious metal coins, the South African gold bullion coin Krugerrand is perhaps the most popular. In 1967, the...
by admin | Dec 3, 2011 | Articles
Gold doesn’t care whether a financial collapse destroys the value of money (inflation) or the value of debt (deflation). Its unique characteristics — indestructibility and tight supply — mean its owners can thrive amid either. But that doesn’t make gold a...
by admin | Dec 3, 2011 | Articles
New gold investment will continue to grow if the world’s major currencies — gold’s main competition as a store of value — plunge into the inflationary spiral that many economists fear. Until there’s a dramatic change in monetary policy, the...
by admin | Dec 3, 2011 | Articles
New gold is being found and mined today at the rate of some 2,600 tonnes per annum. That’s a modest increase of 1.6% per year to the above-ground supply. And critically for the value of gold bullion, this annual growth-rate lies beyond the power of politicians...
by admin | Dec 3, 2011 | Articles
The gold standard is defined in many different reference materials as a monetary system in which the unit of currency used is a fixed quantity or weight of gold. Under this system, all forms of money, including notes and bank deposits, were freely converted into gold...