Roman currency holds an enduring fascination for the modern student of the history of hard money. Sure, it’s about famous coins, precious metals and debasement. But it’s also about power, trade and economic might on a scale the ancient world had never seen. The denarius was the cornerstone of commerce in the ancient world for […]
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Out of all the physical commodities mankind ever used as money, gold was the pinnacle. It fulfils all the properties something requires to be considered sound money. It is: Because it has those properties gold has functioned as an effective store of value, medium of exchange and unit of account for thousands of years. Gold
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In “The Fiat Standard” Saifedean Ammous defines fiat currency as: A compulsory implementation of debt-based centralized ledger technology monopolizing financial and monetary services worldwide. In other words it’s government money, that we have no choice but to use. And instead of being a commodity with some market value in itself, fiat currency itself is based
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The best gold coins to buy for an investment are the ones that you can easily resell. That means avoiding more obscure products and sticking with highly liquid coins issued by national mints. In no particular order, these are the best investment coins: While there are a few subtle reasons that might make one of
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Bitcoin SV emerged from one of the most contentious disputes in Bitcoin’s history. Bitcoin Cash hard forked from Bitcoin, with Bitcoin SV then hard forking from Bitcoin Cash. This was the era of the block size wars, an intense debate about scaling, protocol governance and the identity and future of Bitcoin itself. If you want
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I believe that the distributed ledger, rather than the hard supply cap of 21 million coins, is in fact the defining feature of Bitcoin. When you think of Bitcoin it is normal to think of a digital coin. You can’t touch it or taste it but you might think of yourself as owning a digital
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The history of American gold coins is a fascinating numismatic journey over two and a half centuries. From the first Liberty Cap eagles of 1795 to the modern American Gold Eagle of the fiat era, the story of America’s coinage tells a story about the economic journey of the nation. Whether you are interested in
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One frequent criticism of the gold standard is that it caused the Great Depression. And that the recovery only happened because the tie to gold was severed by FDR in 1933. The argument says that gold was a handbrake on money creation and that stimulus was necessary to avoid a deflationary spiral. This has become
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The two best countries to store gold, in my view, are Singapore and New Zealand. Of course you will need to determine what is right for your personal situation but these two countries are widely considered premier destinations. Gold has been a store of value for thousands of years and nothing has changed. It is
Best Countries to Store Gold: 13 Locations for Your Precious Metals Read More »
New Zealand is a location where you will find a range of quality, secure, transparent and reliable gold storage providers. It is widely considered one of the top countries for storing gold. When it comes to protecting your wealth, few assets have stood the test of time like gold. But owning gold is only half
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