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GOLD - IT'S ABOUT YOUR FREEDOM!
Gold is the oldest material that has been used to exchange human values for millennia. The secret of its reliability is based on specific characteristics and its limited availability on the world market. This means that all the values created by humans around the world are reflected in the available global gold holdings, which has been confirmed time and again in times of crisis for millennia.
THE HISTORY OF GOLD
Gold has occupied a unique social status for millennia. It has a long history as a valuable metal and its history is far from over. From the ancient Egyptians to the modern U.S. Treasury, there are few metals that have had such an influential role in human history as gold.
Why is gold so important? What inherent value is held by gold? Will gold continue to be valuable in the future? Today, I’m going to answer those questions and share with you the history of gold.
Ancient civilizations and their love of gold
Human fascination with gold is as old as recorded history. We don’t know for sure when the first human picked up a gold nugget and thought, “Hey, this is pretty cool.” However, flakes of gold have been found in Paleolithic caves dating back as far as 40,000 B.C.
Most archaeological evidence shows that humans who came into contact with gold were impressed by the metal. Since gold is found all over the world, it has been mentioned numerous times throughout ancient historical texts.
Egyptians and gold
The first firm evidence we have of human interaction with gold occurred in ancient Egypt around 3,000 B.C. Gold played an important role in ancient Egyptian mythology and was prized by pharaohs and temple priests. It was so important, in fact, that the capstones on the Pyramids of Giza were made of solid gold.
The Egyptians also produced the first known currency exchange ratio which mandated the correct ratio of gold to silver: one piece of gold is equal to two and a half parts of silver. This is also the first recorded measurement of the lower value of silver in comparison to gold.
The Egyptians also produced gold maps – some of which survive to this day. These gold maps described where to find gold mines and various gold deposits around the Egyptian kingdom.
As much as the Egyptians loved gold, they never used it as a bartering tool. Instead, most Egyptians used agricultural products like barley as a de-facto form of money. The first known civilization to use gold as a form of currency was the Kingdom of Lydia, an ancient civilization centered in western Turkey.
Ancient Greeks and gold
Later on in history, the ancient Greeks viewed gold as a social status symbol and as a form of glory amongst the immortal gods and demigods. Mortal humans could use gold as a sign of wealth and gold was also a form of currency. Contrary to what you might think, the Olympic tradition of giving out gold medals to victors did not begin until the modern Olympics and has little to do with Greek tradition.
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ANOTHER OLD BUT GOOD INFO ON
Why Germany wants its 674 tons of gold back
By Neil Irwin January 16, 2013
Germany’s central bank will relocate 54,000 solid gold bars, worth about $36 billion, from deep underneath the Federal Reserve Bank of New York and the Banque de France in Paris to the safe confines of German soil -- vaults at the Bundesbank’s Frankfurt headquarters.
Gold at the New York Fed. (Federal Reserve Bank of New York)
The Bundesbank understandably offered few details as to the timing of or methods to be used in the move, which presumably will occur with secret, well-guarded trucks (from Paris) and in numerous small batches by plane from New York. Presumably, it will make sure the villain from "Die Hard: With a Vengeance" is accounted for before the move, along with the "Ocean's 11" gang. And whatever happened to Auric Goldfinger?
But while the notion of billions of dollars in gold bars being transported across the Atlantic and the Franco-German countryside triggered a thousand heist jokes on Twitter, the decision reflects a real, and somewhat disturbing, current in German politics.
The backstory: Germany built up its gold reserves as the flip side of running trade surpluses in the decades after World War II. In practice, much of the world’s gold is stored in vaults underneath central banks: eighty feet below street level and hard against the bedrock of lower Manhattan at the New York Fed, in the ancient vaults of the Bank of England on Threadneedle Street in the City of London, and so on. This is highly convenient; when one government or central bank sells its gold to another, the precious metal can be rolled from one cage to the next, with none of the risk that comes with transporting it across oceans. (For more about the New York Fed's gold storage operation, click here).
The system, of course, is built upon trust -- that the New York Fed won’t suddenly be taken over by people with no respect for those nations’ property rights and seize it for their own use, and that the central banks won’t lie about how much gold is in their vaults. Among the world’s central bankers, that trust runs deep, and most governments are content to keep their gold wherever it is most convenient. The exceptions are governments that have reason to fear that their gold stocks could be frozen as part of a conflict, such as in Iran and Libya.
So what the heck is Germany doing? It is a nation with a deep-seated fears about the stability of its currency, no doubt in part the legacy of the Weimar hyperinflation of the early 1920s. The fixation on its gold comes at a time when the world of finance seems in chaos. Germans are being asked to help rescue Greece and other European nations with troubled finances. The European Central Bank has bought bonds from some of those nations, which Germans widely view as tempting enormous inflation. Against that backdrop, it is perhaps not shocking that there is political resonance to the theory that the New York Fed and Banque de France may be putting one over on the Bundesbank and that some of Germany's gold might actually be missing.
(This is, it should be noted, not solely a German fixation. There are plenty of Americans who are convinced that the U.S. gold reserves in Fort Knox are missing.)
So, essentially, the Bundesbank is offering a sop to the conspiracy theorists by relocating the gold to German soil. The nation just has to hope that nothing goes wrong during the journey.
“In Germany, a lot of emotion is attached to the topic of gold reserves,” Bundesbank board member Carl-Ludwig Thiele said in a press conference announcing the move. The same could be said of Americans.
https://www.washingtonpost.com..../news/wonk/wp/2013/0
ANOTHER DATED BUT RELEVANT TO THE TOPIC ARTICLE.
PRESS - A SMART WAY TO MAKE GOLD AVAILABLE!
Harald Seiz and Karatbars – Gold in Small Amounts as Currency During Crisis - December 14, 2016 0 Comments
KARATBARS INTERNATIONAL AND CEO HARALD SEIZ: GOLD IN SMALL AMOUNTS AS CURRENCY DURING CRISIS
At times, it can seem like there is a constant fluctuation between economic recession and economic growth. As we enter into one, it is predictable that the other is looming around the corner.
This constant volatility of the markets leaves many investors weary about where they place their investments. Fortunately, there is an alternative option that doesn’t fall victim to the shortcomings of the stock market or economy. Gold is a more reliable asset than more traditional investments.
During times of crisis, small amounts of this precious metal can be used as stable currency. While the value of cash rises and falls with the markets, this metal will remain the most reliable form of currency. Those who have invested in this precious metal will have an advantage over others stuck relying on the stock market.
Karatbars International is an industry leading provider in small gold-bars and other bullion-related items. The company was founded in 2011, driven by the mission to provide everyone with an opportunity to invest in small amounts of gold.
The company’s headquarters are established in Stuttgart, Germany. This location is in charge of customer service and support, communication, marketing as well as delivery. Karatbars International has partnered with FedEx to deliver their products on a daily basis. The packaging process is always under video surveillance and close monitoring.
The highly qualified and experienced team is dedicated to providing the best customer service to their clients. It is their desire to help customers make the best informed decisions possible in regards to purchasing this precious metal.
HARALD SEIZ AND KARATBARS: “GOLD IS THE UNPERISHABLE ALTERNATIVE TO PAPER”
Harald Seiz founded Karatbars International and leads the company as the CEO. He believes that all people should have access to solid financial protection. It is with this vision that Seiz has established his company.
Harald Seiz understands that small quantities of gold-bars or gold-bullion offer an imperishable alternative to paper. When times are rough and paper is no longer of much value, gold will remain the supreme form of currency. Seiz has made it his mission to supply individuals with gold-related items to protect themselves from reoccurring inflation.
Before founding his company, Harald Seiz began his professional career as an apprentice in the insurance and property industry. He then continued on to become an independent adviser for several different companies.
It is with this experience in the financial sector that Seiz leads his company to help people find security through the formation of capital.
http://www.financialthrillers.....com/harald-seiz-kara
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DATED ARTICLE BUT WORTH THE READ
Harald Seiz and Karatbars International: Gold Rush –
The Desperate Search For A Better Life
JANUARY 24, 2017 by ADMIN in BUSINESS, INVESTMENT, TIPS
Harald Seiz CEO of Karatbars International
This is an advertorial by Karatbars International GmbH
The Gold Rush was a historic moment in our history, signifying the value and rarity of this stone. Inspired by an overwhelming sense of promise and hope, thousands of families and individuals flocked to the western United States to get their hands on this precious metal.
Decades after the original rush of gold-diggers, the value of this item has only increased. The overall stability and trustworthiness of gold has made it one of the most sought after investments available.
In fact, the forces that drove this phenomena decades in the past are still active today. People who have lost money relying on the value of paper or the performance of the stock markets have been desperately searching for a better life.
This precious metal, as it has done for ages, provides individuals with the financial security and protection that they desire.
Karatbars International is a company dedicated to providing people with an opportunity to own gold-bars and other items to help protect against the instability of the economy. Founded in 2011, this company specializes in selling small gold-bars and gift items of gold-bullion.
They are driven by the understanding that investing in this precious metal can have a lasting impact on the lives of their customers. With that in mind, Karatbars International serves their customers with transparency, honesty and always guarantees fair dealings.
The team is comprised of highly qualified and experienced individuals who are dedicated to providing support and advice to all of their potential clients. The company’s headquarters are in Stuttgart, Germany.
This is where all of the business operations such as customer support, delivery, packaging, communication, etc. are handled.
Harald Seiz CEO of Karatbars International: 30 Years of Experience
Harald Seiz, the founder and CEO of Karatbars International, has accumulated over 30 years of experience in the financial industry. He began working as an apprentice until multiple companies hired him as an independent adviser.
Harald Seiz’ expertise and knowledge helped to grow many companies towards success. Harald Seiz has always had a vision that everyone should have the opportunity to obtain solid financial stability.
Furthermore, he is inspired to help improve the lives of others by protecting them against the potential of financial ruin. To Seiz, investing in small amounts of gold is the most effective way to protect against the constantly changing economy.
Harald Seiz advises all people to focus on their goals instead of harping on what they are lacking. In this way, goals will be much easier to realize as a path will clear within time.
https://www.personalfinancenin....ja.com/harald-seiz-a
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