20 votes

INFOGRAPHIC - A Visual History Of Gold: The Most Sought After Metal On Earth

This infographic, part one in our 2014 Gold Series, introduces the yellow metal and tells the story of how it became the most sought after metal on earth.

Gold was one of the first metals discovered by ancient peoples and eventually gold grew to symbolize both wealth, royalty, and immortality. Gold began to be used as money by many cultures, but the Romans were the first to use it widespread. The rarity, malleability, durability, ease to identify, and intrinsic value of gold made it perfect for money.

While many civilizations throughout the world used gold for money, eventually its role would change with the coming of the gold standard system. In modern history, gold was shaped by events such as Roosevelt’s confiscation order in 1933 and President Nixon ending the direct convertibility of gold to US dollars in 1971. Although gold is no longer the basis of the modern monetary system, there is more gold demand today than ever before.

http://www.visualcapitalist.com/the-gold-series-the-most-sou...

http://www.zerohedge.com/news/2014-02-26/visual-history-gold...

 The Most Sought After Metal on Earth

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Great stuff.

I did expect a graph similar to the Roman one for the effect of the Fed and Nixon's action on the value of the dollar in gold.

= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."

That means: For each job "created or saved" about five were destroyed.

Gold Equals Sovereignty !

If a person has enough Gold, he can hire a body guard, if he has more Gold than that he can hire several bodyguards, if he has more Gold than that he can hire an army to protect his kingdom...Unknown author.

beesting

Brilliantly Designed

.

Cyril's picture

BUMP.

BUMP.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

jrd3820's picture

Nice post djp

It's a history lesson on gold in pictures. I like it.

Cyril's picture

Very nice! :)

Very nice! :)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius