FAST & FREE SHIPPING!

Investing

  • The end of the gold standard

    From about 1880 to 1913, most countries adhered to gold as the standard backing currency. This period, known as the classic gold standard, was a period of unprecedented economic growth, according to the Library of Economics and Liberty. It wasn't until 1944 that, with the Bretton Woods system, an i...
  • The Myth of King Midas (and the Midas touch)

    The myth of King Midas and the Midas touch is the ultimate "be careful what you wish for" parable. Midas was the King of Pessinus, a city in Phrygia. He was a good king but had an obsession with gold and money. The myth of the Midas touch begins when Dionysus, the god of wine and revelry, passed th...
  • Hidden Inca gold

    In the 16th century, Francisco Pizarro captured the Inca leader Atahualpa after he defeated his brother for the throne. The Inca offered a ransom of a room full of gold, but before their final and largest installment of the treasure, they found that Atahualpa had already been killed. Legend has it...
  • El Dorado: Hopeless myth or hidden wonder?

    The folklore surrounding a certain gilded city still draws hopeful adventurers to present-day Colombia. The original legend of El Dorado began in the 16th century when Europeans believed there was a city made of gold hiding in the New World. Native tribes living in the Andes Mountains of present-da...
  • Former Bush adviser predicts gold standard will return

    October 12, 2011 (Boston) - Mass amounts of debt in U.S. households, unemployment and waning confidence in the strength of the U.S. dollar are factors that will help bring back the gold standard, a former adviser to President George W. Bush told a conference at a right-leaning think tank in the U.S....
  • Resumption of Gold Standard to be Discussed in Washington

    September 27, 2011 (Boston) - An official with the United States Gold Commission is preparing a presentation for early next month to a Washington audience about the re-establishment of the gold standard, according to the New York Sun. Lewis Lehrman, who served during the presidency of Ronald Reagan...
  • South African central bank increases gold holdings

    Gold reserves in the African continent's largest economy grew 2.7 percent last month, driven by price spikes in the value of the precious metal and decreases in value of the world's reserve currency, according to Bloomberg. South Africa's gross reserves for the yellowish metal and foreign currency ...
  • Rare Gold Coins at Center of Philadelphia Court Case

    A Philadelphia family and the federal government are facing off in federal court over 10 Double Eagle gold coins from 1933, according to published reports. Joan Langbord and her two sons contend they found the coins in 2003 while the government charges Langbord's father acquired the gold coins ille...
  • Gold Proves Successful in Fight Against Cancer

    Gold has been traditionally used to protect wealth. And now the precious metal also can protect health. An English university announced researchers have devised a method of using the precious metal to prevent blood from nourishing malignant tumors. Small dosages of gold nanoparticles can influen...
  • Debt of the United States Government on Negative Credit Watch Due to S&P

    On Monday, April 18, 2011, in a move that surprised many but not all, S&P put the debt of the United States Government on negative credit watch. Interestingly, after release of news that would typically be negative for government debt and the currency of the country issuing the debt (witness Gr...

Items 491 to 500 of 602 total