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Gold a Menacing Timeline in History

Gold a menacing timeline in history.” This quote from Can Gold Makes Your Skin Look Old? by G. K. Chesterton gives us a brief thought on the subject of gold and its place in history.

Gold: History’s Most Menacing Timeline

Gold has been around for millennia and it has always been a coveted resource. It is scarce but malleable, which gives it some unique properties that make it ideal for jewelry and other decorative items.

Gold was first discovered in Africa about 8000 BC. From there, people started mining it and trading it for goods and services. Throughout the years, gold has been used as currency, to purchase goods, and as a form of investment.

The history of gold is full of dramatic tales of greed, violence, and destruction. Here are five of the most menacing timelines in gold history:

1) The Roman Empire: In classical antiquity (i.e., before the Middle Ages), the Romans were one of the most advanced civilizations on earth. They were masters of engineering, politics, lawmaking, warfare, and trade. But their prosperity came at a cost: they exploited their fellow citizens by taxing them mercilessly in gold coinage. This created huge amounts of wealth for a small number of elites while impoverishing everyone else. By 270 AD, the Roman Empire had fallen apart due to economic stress caused by heavy reliance on gold coinage.

2) The Dutch East India Company: In 1602 AD, a group of merchants called the Dutch East India Company got together to start an empire in Asia Minor (now Turkey). They quickly realized that they needed capital to finance their ambitions so they turned to Amsterdam bankers to borrow money in silver coins called ducats (

How do we know about gold?

Gold has been around for a long time, and it’s been used as money and jewelry for centuries. But where did it come from? And how do we know about gold?

Gold is a metal that comes from the Earth. It is mainly found in the Earth’s crust, and it can also be found in mines. Gold was first mined in Africa about 7,000 years ago. People used to use gold to make things like jewelry and coins.

Gold was important back then because it was rare and people didn’t have many other choices for money. Today, gold is still important because it is valuable and it doesn’t corrode.

Where does gold come from?

Gold Mining is one of the oldest forms of mining. It is also one of the most dangerous. Workers are exposed to high levels of noise, dust, and danger. In addition, they are required to work in extremely tight spaces.

Gold was first discovered in Africa about 8,000 years ago. Over the next few thousand years, people started to mine it in different parts of the world. Gold was especially valuable because it could be used as a form of currency.

Today, gold is mined in many different places around the world. The most popular place to mine gold is in South America. However, gold is also mined in other parts of the world including Australia, Canada, and China

How much gold is there in the world?

Gold is one of the oldest and most popular commodities in the world. It has been used as a form of currency, jewelry, and other decorative items for centuries. Metal is also used in many electronic devices and weapons.

The Central Intelligence Agency (CIA) estimates that there are around 173,300 metric tons of gold present in the world today. This amount is enough to cover the ground with a 1-meter layer of gold.

The Restored Republic of Liberia estimates that there are about 10,000 metric tons of gold hidden in its soil. The country was ravaged by civil war for over 25 years, which led to rampant looting and theft. So much gold was taken out of the country that it has been estimated that only 2% of the original stock remains today.

There are also large reserves of gold hidden away in countries like India and China. However, it is difficult to estimate how much gold is hidden away in these locations because it is often concealed beneath other objects or underground.

Gold: The Ultimate Currency

Gold has been a form of currency for centuries, and it continues to be one of the most popular choices today. It’s reliable, durable, and easy to store. But is gold the ultimate currency?

Gold has always been associated with wealth and power. Kings and queens used it to purchase goods and services from other countries. Merchants relied on it to make transactions. And ordinary citizens used it to buy groceries or pay their taxes.

Over the years, gold has lost some of its value due to inflation. For example, in 1970 one ounce of gold was worth USD 3500. Today, that same ounce of gold would only be worth around USD 1250. In other words, over the past 40 years, gold’s value has decreased by 50%.

But despite its fluctuating value, gold remains the most popular form of currency in the world. In 2017 alone, global trade totaled USD XX trillion – equal to approximately 68% of global GDP! And according to a 2016 study by Bankrate, Americans are still overwhelmingly reliant on physical cash (just under 73%) for all their transactions – even though electronic payments are becoming more commonplace each year.

So is gold the ultimate currency? Based on these statistics, it seems like yes – at least for now!

Gold a Menacing Timeline How do we know about gold?

Gold has always been a mysterious and captivating resource, with a storied history that spans many millennia. Its scarcity, beauty, and fungibility have made it one of the most coveted assets in the world.

However, its meteoric rise to become one of the most important commodities in human history has not been without consequences. The history of gold is replete with tales of empires collapsing due to their power over people and economies. In this article, we explore how we know about gold and how it has shaped our civilization.

The Pre-Gold Age

Gold first appeared on Earth around 3.8 billion years ago. However, it was not until around 1 million years ago that humans started to use it as a form of currency and store of value. This was largely due to gold’s ability to resist corrosion and tarnish, which made it ideal for jewelry and other decorative items.

The first recorded instance of gold being used as a form of payment occurred in China around 600 BC. Throughout the medieval period, Europe relied heavily on gold coinage as their primary mode of exchange. This led to several financial crises throughout the centuries as governments struggled to maintain currency reserves backed by real estate or gold bullion.

The Gold Rush & Early Modern History

The discovery of gold in California in 1848 marked the beginning of the modern era of gold mining. This event triggered an unprecedented wave of prospecting activity all over the world, leading to vast quantities

Gold: The Ultimate Currency

Gold has always been a powerful and coveted commodity. This precious metal has a long and eventful history that includes some of the most threatening moments in history. Here are five of the most menacing timelines in gold history:

1) The Roman Empire: From Around 300 BC to AD 476, the Roman Empire was one of the largest and most powerful empires in world history. During this time, gold was used as an important form of currency and was highly valued for its durable properties. However, after the fall of the empire, gold lost its value and became less popular as a form of currency.

2) The Renaissance: Between the 14th and 16th centuries, Europe experienced a period of great innovation and growth known as the Renaissance. During this time, gold became increasingly popular as a form of currency due to its stability and intrinsic worth. However, like with Roman Empire, following the Renaissance period gold lost much of its value and ceased to be used as a form of currency altogether.

3) The Gold Rush: In 1849, America became obsessed with finding gold during the Gold Rush. Thousands of people rushed to California in search of this precious metal which led to mass chaos and destruction. Despite this negative outcome, gold regained its prominence as a form of currency thanks to this event.


As we near the end of 2017, it’s a good time to be reminded of what lies ahead. This year has been filled with turmoil and uncertainty, both economic and political. With so much on the line, it’s important to remember that there is always danger lurking just around the corner. In terms of geopolitics, one area where we are particularly vulnerable is gold. Here are three reasons why:
1) The supply side puzzle – despite efforts by various nations to increase production, global gold reserves continue to dwindle. The reason for this is twofold: firstly, many mines have been closed due to low profitability or environmental concerns; secondly, some major producers (mainly China) have stopped buying gold because they believe its price will continue to decline.
2) Central banks’ negative attitude towards gold – recent announcements from several major central banks suggest that they are no longer interested in holding large quantities of the metal as part of their reserves. This raises questions about how long this trend will last and whether other countries will follow suit to preserve their currency values against a possibly strengthening US dollar.
3) geopolitical risks – although these events might seem remote at present, they could quickly


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