For millenia, gold has been the standard for the appraisal of value. Used as tender since mercantile times, it has financed coups, revolutions, and dynasties, making it arguably the penultimate catalyst of the events of human history.
But, like anything storied and powerful, legal tender lives on borrowed time. The mercantile economy and the internet age have given way to new ways to barter and transact, making gold not THE tender, but A type of tender.
The History Of Gold
From rocks to copper, many materials have been given value.
Of all of these, gold has truly stood the test of time.
It has financed revolutions.
It has lined up the corners of banknotes.
As well, its reserves serve as determiners for the value of a nation’s currency.