Learn why gold and silver have been considered treasures for thousands of years due to their rarity, beauty, and usefulness. Discover their history as currency, decorative and ornamental properties, and use as a hedge against economic uncertainty. Explore some of the largest treasures found in history, including The Treasure of the Sierra Madre, The Staffordshire Hoard, and more.
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Posted By: admin | May 8th, 2023
Understand the difference between silver as money and currency, including historical examples of silver coins and bullion. Learn how silver can be used as a store of value and medium of exchange, and explore its characteristics as money.
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Posted By: admin | May 8th, 2023
Gold can be considered both money and currency, and has been used as a store of value, a unit of account, and a medium of exchange for thousands of years. Learn about historical gold currencies and the various forms of digital or paper gold that can be used as currency.
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Posted By: admin | May 8th, 2023
Understand the difference between the US dollar as money and currency. The dollar is issued and regulated by the Federal Reserve and is used as a medium of exchange, a unit of account, and a store of value.
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Posted By: admin | May 8th, 2023
Learn the difference between money and currency. Money is a broader concept that includes all assets used as a medium of exchange, while currency is a specific type of money. Discover why precious metals like gold and silver are considered real money.
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Posted By: admin | May 8th, 2023
Learn about the SWIFT financial messaging network, its benefits, and how it works. Join the 11,000+ members from 200+ countries using this global infrastructure for secure financial transactions.
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Posted By: admin | May 8th, 2023
If the US dollar loses its status as the primary currency for oil transactions, it could have significant economic and geopolitical effects, including a decline in the demand for the dollar, a loss of US geopolitical influence, and greater complexity in the global oil market.
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Posted By: admin | May 8th, 2023
Learn about the petrodollar system and its impact on the global economy, US geopolitical influence, and oil markets. Discover the advantages and drawbacks of the petrodollar system, and the growing trend to remove or replace it.
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Posted By: admin | May 8th, 2023
Learn about the concept of a world reserve currency, its significance, and the factors that affect its lifespan. Discover how historical data shows that no currency has survived the test of time. Find out what a world reserve currency is and why it matters for global trade and financial transactions. Explore how the lifespan of a reserve currency is influenced by various economic and geopolitical factors.
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Posted By: admin | May 8th, 2023
Learn why gold is recognized as a highly valuable asset for banks and financial institutions, and how it is viewed as a safe haven asset during times of economic uncertainty.
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Posted By: admin | May 8th, 2023