As we in the West pile up the debt and print money, across the world, China has freed her enormous gold investment market and is sucking up all the world’s physical gold bars. Why is China doing this? Simple – to usurp the US dollar and American financial power.
What caused the sudden drop in gold price? After a decade of revival, the price fall in April was the biggest dip in market confidence for 30 years. Is this precious metal vulnerable to further decline or is it a temporary setback for the ‘safe-haven asset’? Take a look at the Great Gold Rout infographic from Saxo Capital Markets.
Gold is an incredibly fascinating subject. Not only has this shiny, yellow & soft metal been used since at least 4000 BC. but, gold has been used as currency, jewelry, is a sought-after investment option & is widely used in the production of electronic devices. Did you know, for example, that most of the earth’s gold (approximately 1.6 quadrillion tons) lies at its core as the precious metals’ high density caused it to sink there in the planet’s youth?
Whilst Ghana’s economy is enjoying a boom due to the modern day gold rush, the mining industry has had a significant impact on the environment. Local workers, known as galamseys, use mercury during ore processing. This pollutes the land and water and results in serious illness for the workers. Learn this and other insane facts about Ghanaian gold in the following infographic by 911 Metalurgist.
This infographic, published by United Rare Coins, explores some of the most famous as well as most expensive gold heists in history, showing when they occurred, how much the thieves got away with and how they did it.
This infographic from Trustable Gold visualizes above-ground stock of gold, sources of gold broken down to continents and countries and uses of gold. Also learn about the different forms of gold investments – ranging from physical gold in the form of bullion gold to securities not backed by gold.
Ever since our economy began going down several years ago, gold has been a hot topic of discussion. Have you ever wondered how much we have and what the future looks like for it? This new infographic by Number Sleuth gives us a better perspective of the logistics of gold and what is in store for us.