Page 8 - Noble Gold Investment Guide 2018
P. 8
Noble Gold Investments Noble Gold Investments
Historic Role of Gold A large part of gold’s value is tied up in its past. In how it kept it’s value across centuries, and
increased its worth, thousands of times over. The regard and awe in which gold is held is a
measure of the attraction and fascination, of this amazing yellow metal.
GOLD THROUGH THE AGES 1792-1900 1900-1944 1971 - TODAY
Noble Gold is proud to be based here in California – this is where the Amer-
ican story of gold began. Whether you are thinking of starting a gold IRA
rollover or just have an interest in gold, we hope you find this brief history
as fascinating as we do.
THE GOLD RUSH & THE FEDERAL RESERVE, THE GOLD STANDARD
PAPER MONEY DEPRESSION & WWII ENDS
3600 BC - 1200 BC 700 BC - 564 BC 56 BC - 1532
1792 – Congress enacts the Mint 1900 – The Gold Standard Act “The abandonment of the gold
and Coinage Act, allowing the gov- begins and a gold reserve is standard made it possible for the
ernment to hold its reserves in the established welfare statists to use the banking
Bank of the US and establishing a system as a means to an unlimited
fixed ratio of gold to the U.S. dollar. 1913 – The Federal Reserve is expansion of credit. In the absence
EGYPTIAN GOLD GOLD AND SILVER COINS THE ROMANS AND Gold and silver coins become legal established to stabilize gold and of the gold standard, there is no way
SPANIARDS tender currency values to protect savings from confiscation
through inflation. There is no safe store
8 3600 BC – Egyptians were the first 700 BC – First silver bartering 1848 – James Marshall discovered 1929 – The Great Depression of value. Deficit spending is simply a 9
to smelt gold tokens invented by King Pheidon of gold in The American River, near scheme for the hidden confiscation
56 BC – Julius Caesar brings back – price of gold rises and Banks fail
Argos San Francisco, California of wealth. Gold stands in the way of
enough gold from a victorious – people begin hoarding gold
2600 BC – Hieroglyphics describe campaign in Gaul to give 200 coins out of their distrust of financial this insidious process. It stands as a
gold in Egypt 564 BC – In present day Turkey, to each of his soldiers and repay all 1849 – 300,000 prospectors, known institutions protector of property rights. If one
Lydians mint the first ever gold of Rome’s debts as the “forty-niners”, participating grasps this, one has no difficulty in
1223 BC – King Tut’s golden funeral coins for trade – The Romans are the first to use in the gold rush 1934 – The Gold Reserve Act understanding the statists’ antagonism
mask is created – The ancient Chinese begin gold coins as a widespread currency prohibits private ownership of gold toward the gold standard.”
circulating the Ying Yuan, a square system 1861 – US Treasury Secretary
1200 BC – Egyptians invent the lost- gold coin — Alan Greenspan
Salmon Chase prints the first U.S. 1944 – During WWII and the end
wax technique still used today in 1532 – Conquistadors of Spain paper currency of the Great Depression, 44 Allied
jewelry making 564 BC – Alexander the Great raids discovered vast troves of Inca and
the Persian Empire and loots their Aztec treasure in South America 1862 – Paper money is legal tender nations sign the Bretton Woods
legendary gold treasury in the US, creating a fiat money agreement and establish the Gold
– Greeks begin to practice alchemy, system. Banknotes are no longer Standard
the quest of turning base metals convertible into gold and silver
into valuable gold
1879 – The government reinstates
convertibility of the US dollar into
gold