Gold: the last word Currency "In an surroundings of financial debasement - that's, when money loses rapidly its getting power - all product, services and assets become currencies. it's throughout these times that investors and savers notice that the sole thanks to defend their getting power is to maneuver removed from paper assets [to exhausting assets like Gold because the final currency]". John KATZ / Frank HOLMES
Sunday, 8 July 2012
Where Gold most can be found?
There is gold all round the world however in some places it's found in such minute quantities that there's no economical thanks to collect it. it's been estimated that within the earth’s crust there's concerning zero.005 elements of gold per million. within the oceans there's said to be concerning one gram of gold for each one hundred million tones of ocean water (according to Earth And Planetary Science Letters, vol 98, p 208). however over the years there are major concentrations of gold found in some places throughout the planet. massive deposits of gold were found in Saxony and medieval Europe. within the early nineteenth century Russia was the world’s major gold producer. The world’s largest gold deposit is in South Africa and therefore the leading producers of gold nowadays are South Africa, the us and Australia.
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