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

 
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!

 
Affroukh77 17.11.2017 21:34
Good

 
dmpereira 05.11.2017 03:44
i like gold

 
Sabi 30.10.2017 11:29
we all like it

 
box555 12.10.2017 11:41
good good

 
wisnu_setiadi 20.09.2017 06:29
yes i like it

 
rizal75 10.06.2017 06:44
very nice

 
Anish2017 18.03.2017 10:08
nice

 
starlite 17.12.2016 04:44
The most expensive commodity since ancient times

 
newtrust 09.07.2016 10:20
The most expensive commodity since ancient times