Gold

Money


Whilst most countries followed the gold standard during the 19th century - which means that the amount of money always had to be proportional to the gold reserves - such a fixed exchange rate is practically no longer pursued in the 21st century. However, the precious metal is still considered a hedge against inflation, which is why many countries have stashed thousands of tons of gold. By the way: the United States is the country that has the largest gold reserves worldwide.

Comments

 
MAZLOW_09 13.06.2019 15:19
The best currency worldwide!


 
lospiltch_roxana 05.06.2019 16:21
I Love gold. Never past away.


 
FIROJALI 10.04.2019 13:08
most expensive,


 
elena_kabaeva 24.03.2019 05:40
люблю желтый цвет


 
damienstevens 19.12.2018 11:29
nice would love to own all that gold ha


 
uilia_mieta 15.12.2018 10:02
Люблю золото


 
yorik4 06.11.2018 16:00
Not bad, Not bad


 
sashylyc 17.02.2018 09:32
good


 
simsou 11.02.2018 00:29
It's nice


 
pieterhostenrof 09.01.2018 18:26
If gold was cheaper, computers would be cheaper! to bad it looks so nice!