Silver is like gold’s little brother. No one pays much attention to him. Gold is attractive, desirable, and much more expensive. The price of gold can be volatile, and it makes for an exciting investment. Aside from use in jewelry and a few electrical components, though, gold has minimal industrial use. In fact, gold’s only…
Gold is usually the most expensive precious metal, and if you have ever bought any gold jewelry, you know that you can spend some serious money to get your hands on this shiny, yellow metal. A lot of people think of gold first when they hear the phrase precious metals. Since gold is expensive, this…
There are plenty of good reasons to add precious metals to your investment portfolio. Here are just a few of the more common reasons precious metal investing is on the rise in the 21st century. The Top Precious Metals for Investing Bullion, Coins and Bars These are the physical forms precious metals take. Some gold…
The Origins of Fractional Banking The fundamental idea governing the fractional banking system dates back to medieval England. Between 1000 and 1100 A.D., money lenders, who were at that time referred to as goldsmiths, secured the people’s gold and silver in their vaults. With each deposit of gold or silver, the depositors were given a…
