The Two Worlds of Precious Metals: East and West

by Jeff Nielson
Bullion Bulls Canada

For five thousand years; gold and silver have been humanity’s premier forms of money, real “money”, not the faux-money manufactured by our central banks, which is mere currency. During that same period of time, these metals have been our premier instruments of wealth preservation, and thus our “safe havens.”

There is nothing accidental about this. To begin with, gold and silver have obvious aesthetic appeal. Indeed, silver is actually the more-brilliant of the two metals. It is this aesthetic appeal which makes these metals “precious”. But they are more than this, they are also (relatively) rare.

If diamonds were as common as pebbles, it would be impossible to impress one’s potential bride-to-be with such stones, even in a setting of gold.

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