Gold has been used as a currency since some of the earliest civilizations known to man. Gold’s history as a coinage dates back to at least the ancient Lydians of 700 B.C. If you’re interested in learning more, watch this episode of U.S. Money Reserve’s “Did You Know?” A History of Gold as a Currency:…
Watch and listen to find out which kingdom is attributed to being the first recorded civilization to use gold coinage as currency. The First Gold Coins: Did You Know? – Video Transcription Narrator: 00:09 Gold coins have been used as currency since before the common era. The Romans, Persians, and Greeks all utilized gold…
Last week, China pushed down the value of its yuan to its lowest level in 11 years, and the U.S. Treasury designated China a “currency manipulator” in response. Meanwhile, gold soared to fresh six-year highs after breaking through the key $1,500/oz. level. Many worry this could spark an all-out currency war between the two powerhouses…
Sales Manager Coy Wells explains some missing details about the U.S. China trade war, and how these details will affect day to day life. 4 Facts You Need to Know About the U.S.-China Trade War – Video Transcription Coy Wells: 00:00 Hello, my name is Coy Wells with U.S. Money Reserve’s Market Insights. Today…
Stocks, real estate, bonds, and beyond: every asset class has its own unique words and phrases, as well as bits of language that you must pick up in order to take part in the larger conversation. Buying gold and silver is no different. The more you know, the further you can take your portfolio. Two…
Currency devaluations. Negative interest rates. Minimal economic growth. During such turbulent times, how can diligent wealth-holders safeguard their earnings? Learn more about the benefits and disadvantages to holding cash over gold to make the best decision for your portfolio. Benefits to Holding Cash In uncertain times, increasing cash reserves and reducing exposure to volatile financial…
Gold’s many qualities make it one of the most coveted metals in the world. Not only can it be beautifully shaped and sculpted, the yellow metal also conducts electricity, doesn’t tarnish and is biocompatible (meaning it’s not harmful to our tissue). These qualities make it the metal of choice in a wide variety of industries,…
Misconceptions about inflation, the falling dollar, and the relentless rise in federal budget deficits are skewing gold advocates’ arguments; however, a strong case can be made for the metal without resorting to these misconceptions.
