Gold has been around for centuries. The value of gold is not going down, it is soon to go through the roof. Many people have spoke about the importance of gold and how we use it in everything from Jewelry to your favorite video games. Even satellites in space have gold components. Gold is very rare, do not get cash for your gold. The US Dollar will become worthless.
Do Not Get Cash For Your Gold - The Truth About Gold
Gold has been around for centuries. The value of gold is not going down, it is soon to go through the roof. Many people have spoke about the importance of gold and how we use it in everything from Jewelry to your favorite video games. Even satellites in space have gold components. Gold is very rare, do not get cash for your gold. The US Dollar will become worthless.
The History Of Gold
For many years gold has been a symbol of success and power for many powerful nations of the world. It has been the reason why wars have been fought, and how our present came to be. Gold has been the obsession of many people that have done both good and terrible things for the precious metal. The first uses of gold have been traced as far back as the Middle East when civilization as we know it first began. Egyptian jewelry has been found in the tomb of Queen Zer. It has also even been found in the tomb of Queen Pu-abi of Ur in Sumeria. These are the oldest forms of gold jewelry ever found on the planet, and it is proof that our ancient ancestors had the ability to not only mine this gold, but also how to craft it into very beautiful jewelry and coins. Over the centuries many Egyptian tombs have been raided and many of the gold artifacts were stolen from their tombs. The tomb of Tutankhamen was discovered undisturbed and many precious jewelry items made from gold have been found there.
The city of ancient Rome was one of the most diverse cities of the ancient world. When it was flowering as a civilization many gold artisans traveled to Rome so that they may sell their work to the higher class that lived all throughout the region. When Christianity planted its roots in Rome people stopped burying their loved ones with their gold jewelry this caused gold from that time period very hard to find. The way we have seen a lot of it is through church hoards and the stashes from kings and queens.
Way before settlers and explorers came to the new world (The Americas) gold smithing was highly popular among the pre-Columbian cultures. Their skill at creating beautiful gold art was very well established long before the arrival of the Spanish. They had already mastered many of the techniques to mine, granulate, and even the hammering of gold perfectly. They even used different inlay and wax methods to create beautiful pieces of art out of gold. Spanish conquerers or conquistadors melted down most of this precious gold from these pre-Columbian cultures, and not much of it exists today in its true form. Some of this gold has still been found however in different grave sites to this day.
During the creation of the colonies in North America, there was a huge gold rush in California. The most well known gold rush was in Sutter's Mill in 1858. Many people from all around the world flocked to California with hopes of striking it rich and buying loads of gold mining and panning equipment. The people that made the most money in the area though were probably the people selling the equipment to gold hungry settlers. This however is not the only place that has had a gold rush. Many people have always flocked to different parts of the world to strike it rich, including Africa, Australia, and even Canada.
The Gold Standard was adopted in 1821 which meant all of a nations currency must be backed in a fixed weight in gold. This may be one of the reasons why the United States really felt the great depression. The other reason was the huge expenses caused by the World Wars. With this the gold standard was abolished so that the federal reserve can print more and more money. This may be why we have such a big problem today. The Federal Reserve must be audited by the people, and despite its name, is not very Federal at all, and is owned by international bankers. I hope you have enjoyed reading this article, please leave comments if you have anything else to add.
New Washington Bill Targets Cash For Gold Operations
Places that offer you cash for your gold are being targeted in a new bill that is being passed in Washington D.C. Everyone knows that these places often do business with thieves that steal gold, and then resell it to these companies so that they can cover their tracks. Lets face it, its better than a pawn shop, and they don't follow the policies of asking for identification. This is a big problem. This lets these cash for gold companies make serious money on gold that is stolen on the streets. This new bill says that every company will have to hold the item for at least 30 days before it can be processed and melted down. It will also require these businesses to keep transaction records for 3 years. This includes the name of seller, the address of seller, and the date of birth. First time offenses will be considered a misdemeanor and anything more than a one time offense will be considered a felony. This will seriously hurt the pockets of these gold dealers that make their money on stolen gold. I always knew that these cash for gold companies are bad news, now here is another reason. They are making it easier for these criminals to get money, and to remain anonymous this is ridiculous. With the rising price of gold its becoming a bigger trend for these crooks. I am glad something is being done, it should have been done from the beginning. It doesn't take a rocket scientist to figure this out when they advertise on shows like Jerry Springer during the middle of the day, to people that have nothing better to do in an economy thats crashing. This makes it possible for thieves to come up with all kinds of bright ideas on how to steal your gold. I am glad something is being done.
Counterfeit Coins Are Everywhere
You should be careful when collecting coins and buying from questionable merchants. There are tons of forged coins from different periods that are still made today in hopes of scamming a collector. This is a documentary on just how many forged coins are in the United Kingdom. Im sure the amount of fake money world wide is increasing because people are figuring out how to make this money at alarming rates. It is a crime to own counterfeit coins so be careful and do your research. You don't want to be paying top dollar for a fake.