RSSCategory: Articles: General

Why is Gold so Important?

| October 20, 2018 | Articles: General

Why is gold so important? It’s a hard question, right? You must have asked that question to yourself too…why in all those precious metals is gold the most important?  Before answering that question let’s learn first about gold and its uses to tackle that problem. Gold has been used for thousands of years and by ancient civilizations.  We surely don’t know who first discovered gold, but we’re happy they did. Gold’s history can be traced as far back as 40,000 BC!  Pretty old for a precious metal, right? Ancient Egyptians You might wonder what early uses did they have for gold when they first discovered it.  Unfortunately, we don’t know […]

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Is Silver On The Rise? Could It Be The New Gold?

| October 19, 2018 | Articles: General

Investors are talking about gold mainly for its value and price.  In the past ten years, the price of gold has increased from less than $300 to $1,500 per ounce…quite interesting for gold investors. However, silver has performed better than gold for the past ten years.  Its price has ranged from less than $5 to $40 an ounce. So if you invested  $10,000 in gold in June 2001 its value today would be $50,000, but if you invested $10,000 in silver on the same date you would now have around $80,000. Now may be the time to start thinking of silver as the new gold.  As a matter of fact, […]

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7 Uses Of Gold You Weren’t Aware Of

| October 18, 2018 | Articles: General

Gold has has had many uses since ancient times.  Some of its uses were to decorate ornaments, weapons, jewelry, shrines, and many other things. In modern times, gold has been used as an electric conductor, jewelry, coins, commodities, and also as an investment. But is that all that gold can do for us? The answer is no, of course. Here are some unusual uses for gold. Health Supplement Yes! You read it right, gold has also been used as a food supplement. Japan has a unique tradition where they mix small, thin films of gold in beverages and in their food as a source of vitamins.  In some other countries, […]

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Gold and Silver Facts

| October 3, 2018 | Articles: General
Gold and Silver Facts

Gold and Silver have been useful to mankind since ancient civilization. Even today, we use gold and silver in our everyday lives. But most of the people nowadays don’t know the purpose and the importance of both metals.  Let’s talk further about two of the most important metals ever discovered by mankind.  Here are some amazing facts about Gold and Silver. Gold characteristics Color                           golden yellow Atomic Weight         9665 Normal State            solid Melting Point           18 deg C, 1337.33 K Boiling Point            […]

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Gold and Economic Freedom

| October 3, 2018 | Articles: General

Gold has had a significant impact on the U.S economy. Since the beginning of World War I, gold has been the sole international standard of exchange. Golds impact on the economy waxes and wanes, depending on how safe other investments are. Gold has been considered a luxury good since it is durable, homogeneous, divisible, portable and has significant advantages over all other media of exchange. Before gold was used as a coin, its value was recognized even in the first Egyptian Dynasty. Its beauty, luster and malleability made it perfect for many uses. it has been used in the early times as a standard of exchange together with silver and […]

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Oil Prices and its effects on the U.S. Economy

Oil Prices have a great effect on the U.S. economy in many forms like jobs, investment, and growth. Oil exploration and production. Fluctuations in Oil prices play an important role in the different aspects of finance and business. That is why oil price movements are closely watched by economists, investors, and policymakers. The U.S., although produces its own oil, still has the need to import more to meet the growing energy demands. New technology allowed companies to economically draw oil and gas from shale deposits that were once considered depleted because the cost of extraction would be impractical. Oil and Business Oil plays an important role in many businesses, specifically […]

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The Overall Top 5 Gold Mining Countries Worldwide

Gold has always been an important aspect of a country’s economy and has been sought out by many all over the world. Many countries have strived to maximize their production however gold production varies widely among different nations. Here we have compiled a list of the top 5 gold mining countries to show to you which nations have held the lead in Gold mining in the world. China – 440 MT China was the largest producer of gold in the world, mining 440 MT in 2017. China is also the number one consumer of gold, befitting a country whose development has pulled hundreds of millions of people out of poverty. […]

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The Overall Top 5 Gold Mining Companies

The Overall Top 5 Gold Mining Companies

There are different methods by which gold mining companies are ranked. One is by their annual production, by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each […]

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The Uses of Precious Metals

Precious metals have become an integral part in man’s day to day living. Aside from being a commodity for market volatility and economic disturbances, precious metals are used in different industries to make different products that are widely used for the advancement and comfort of living. From electronic devices to medical and beauty products, precious metals are widely used. What other major areas are precious metals used?   Aircraft Engine Precious metals are some of the main components that are used in the aviation industry in order to manufacture aircraft engines. Commonly, precious metals are used in well over 20 parts of the aircraft engine including the blades, heat exchangers, […]

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The Whats and Hows in Refining Precious Metals

The Whats and Hows in Refining Precious Metals

Precious metals are treasures as old as time. Their significance has been known for a very long time. As time goes by, the demand for these precious metals keeps increasing, but the supply doesn’t tend to keep up with demand. Due to this, new and different methods have been employed to cater to demand. What is refining? Refining is the process of purifying an impure metal. It differs from calcining and smelting since in refining, the final material is commonly similar chemically to the original one, only with a purer final product. On the other hand, calcining and smelting involves chemical changes to raw materials.   Why refine precious metals? […]

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The Relationship of Oil and Precious Metals

The Relationship of Oil and Precious Metals

Precious Metals and Oil have a History Precious metals, especially gold, have long been known for their incredible value and powerful purchasing power all over the globe. They are considered the standard of value for any currency that is used anywhere in the world. They are often referred to as crisis commodity as people flock into them especially in times of economic and geopolitical turmoil as they serve as inflationary and deflationary protection. Over the years, studies between the correlation of precious metals and other commodities such as oil have been a hot topic, which has been further ignited with recent global developments. Currently, the financial markets have become extremely […]

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Palladium and Rhodium Are on Fire, Is Platinum Next?

| October 20, 2017 | Articles: General
Palladium and Rhodium Are on Fire, Is Platinum Next?

Platinum was once the most precious of metals. For decades, it traded at a premium to gold. The other platinum group metals – palladium and rhodium – barely registered on investors’ radar screens. Platinum lost its crown to gold in 2015. It was overtaken by the other Platinum Group metals (PGM) metals in recent weeks. Given that platinum, palladium, and rhodium demand is largely driven by automobile manufacturing and the production of catalytic converters, one of these things is likely true; platinum is currently undervalued, or the other two have gotten ahead of themselves. Which one is the correct assessment will depend on whether the current optimism for economic growth […]

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INFOGRAPHIC – 31 Incredible Facts about Gold

INFOGRAPHIC – 31 Incredible Facts about Gold

There is always more to learn about gold which is a rare, indestructible metal which can store your wealth.  There are many aspects to gold beyond the bullion investment market.  It has an extensive history. This infographic  covers many incredible facts about gold.  It covers how gold is created, how much gold an average human body contains, how much gold is in a domestic sewer system, and also details about the earliest known gold relics which have been discovered.  There are many industrial uses.  We all come into contact with gold on a daily basis through the many gold bonding wire found in our smartphones.  But, few people have any […]

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Chris Martenson: Make Yourself More Self-Sufficient NOW, While It’s Still Easy…

Chris Martenson: Make Yourself More Self-Sufficient NOW, While It’s Still Easy…

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in Dr. Chris of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global politicals, financial markets, governmental policy, precious metals and the importance of preparedness among other things. And it’s always great to have him with us. Chris, welcome back and thanks so much for joining us again. Chris Martenson: Thank you. It’s a real pleasure to be with you today, Mike, and all of your listeners. […]

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