Posts Tagged ‘Add new tag’

Gold Standard

A gold standard is adopted when a country establishes convertibility, at a fixed official price, between its currency and gold, thereby implicitly limiting its circulating money to the amount of gold it holds.Applied internationally, a gold standard establishes fixed exchange rates among different national currencies. Balance of payment settlements are made by transfers of gold. Read more »

How to take care of gold

Everyone loves their gold. It depicts love, stability,individuality and hope. Whether it is bought by a loved one or by ourselves. taking care of it makes great sense as it obviously would make the gold retain it’s value. Here are a few tips to take care of your gold First of all avoid chemicals. Chlorine Read more »

Golden temple in India

The Golden Temple is the most significant shrine of the Sikhs and it is also one of the oldest Sikh gurudwara. It is located on a small island in the center of a pool called Amritsar, India. Its golden color is due to the overlay of gold foil, and hence it gets its name as Read more »

El Dorado- The city of gold

El Dorado (Spanish for “the golden one”) is the name of a Muisca tribal chief who covered himself with gold dust and, as an initiation rite, dived into the lake Guatavita. Later on, it became the name of the legendary “Lost City of Gold” that has fascinated and has eluded explorers since the days of Read more »

Unallocated and allocated gold

Gold has always been compared to cash. It has been used as money before the invention of paper money and also in trade though it is mostly considered a currency. Regardless of how we categorize, gold is often considered as a currency. Here are some of the misperceptions about gold relative to cash. Defining Gold Read more »

Rise in Gold prices

Due to the fear about the hurricane season which influences the cost not just of oil, but of commodities such as natural gas, gold prices have started to climb up. The US government said that the hurricane season, which begins on June 1, could be “one of the most active seasons on record”. At the Read more »

Selling gold

Because of the recent recession, people are struggling to find new ways to save and make money. With the price of gold reaching record highs of well over $1,000, ads have prompted millions to look through their valuables for rings, chains, and coins they are willing to part with. However, Washington state Attorney General Rob Read more »

Alchemy

Alchemy, gold , chemistry, war, iron , leonardo, Phoenix

Diamond Secrets

In a great article posted by National Geographic the secret history of diamonds is revealed and the facts are fascinating.  Here are some of the Gold Standard‘s favorite facts about diamonds from the article:  – Each year diamonds fuel an industry of $14 billion. – Botswana is the largest producer of diamonds, while the United Read more »