Key Takeaways The silver shekel is the most ancient form of precious metal money in recorded history. Its origins lie in Ancient Sumer where it was a reserve currency and a standard pricing measure. The silver shekel is also mentioned in the Book of Genesis as a measure of weight. So on both accounts it’s […]
If you have ever held a Roman denarius in your hand, you’ve touched a significant piece of monetary history. The silver denarius is the coin that once powered what is arguably the world’s greatest empires and is one of the most famous silver coins in history. But how much is a Roman denarius worth in today’s
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Singapore is a precious metals hub offering a range of high quality offshore storage options for gold, silver and other metals. But which one is the best? Well that will depend on your personal needs and what you are hoping to achieve. These are the four gold storage options I think are the best. BullionStar
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Key Takeaways Silver certificates are a historic form of currency in the United States, issued between 1878 and 1965. Originally able to be exchanged for silver bullion, they are still legal tender, but can no longer be converted into the precious metal. Today, silver certificates are likely to have a collectible value that far exceeds
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Bimetallism is a monetary system where both gold and silver are money, and the critical thing is the ratio between the two. Before we had the fiat standard, we had the gold standard. And before we had the gold standard, we had bimetallism. It is an ancient monetary system that continued until relatively recently. It
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The best investments during inflation are assets that preserve or even grow your purchasing power. The best way to look at inflation is not as rising prices, but as the value of your fiat currency falling. In other words, it takes more currency to buy the same amount of goods and services as before. This
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I signed up for an account with BullionStar back in 2014 when it was quite a young company. I knew I wanted to buy and store some gold in Singapore because it was such a gold friendly jurisdiction. It was a recommendation from Andrew Henderson of Nomad Capitalist and an attractive special of free storage
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You can invest in copper through physical bullion, mining stocks, ETFs or futures. By doing so, you will be engaging in an ancient human activity. Copper was one of the first metals that humans ever extracted from the earth. Copper, and copper mining, goes back to near the dawn of civilization. The archaeological record dates
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No one can definitively say exactly how much gold was confiscated in 1933 as no record was ever kept. However, SD Bullion has run the numbers and estimates that 2,665 tonnes was confiscated. They arrived at this figure by looking at how much gold was melted down by the government between 1933 and 1939. When
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The market capitilization of gold refers to the total value of all gold in circulation. At the time of writing the market cap of gold is approximately $18,098,179,964,395.2 or $18 trillion dollars. This is calculated by taking the total amount of gold in the world in tonnes, then multiplying that by the number of ounces
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