History

Gold has always occupied a unique social status for mankind
It has a long history as a valuable metal
and its story is far from over

THE HISTORY OF GOLD

From the ancient Egyptians to the modern U.S. Treasury, there are few metals that have had such an influential role in human history as gold. Why is gold so important? What inherent value is held by gold? Will gold continue to be valuable in the future? Today, I’m going to answer those questions and share with you the history of gold.

Gold has always represented material wealth for mankind, from the dawn of history Gold has occupied a unique social status for millennia. It has a long history as a valuable metal and its history is far from over, it has always been associated with luxury, wealth, and often even with the sacred. Gold has been known since antiquity, and is certainly one of the earliest metals worked by man. Known in Sumer, Egypt there are 2600 BC Egyptian hieroglyphs that describe the metal, which is referred to in several passages in the Old Testament. It is considered as one of the most precious metals, and its value has been used as the standard for many coins throughout history.

But interesting is also that modernity has brought us an old concept, but applied globally: the Law of Supply and Demand. Based on it, markets are no longer made in city squares, and to meet the new Information Age, they have evolved into Stock Exchanges, which are now operated online from virtually anywhere in the world. Today, riches, gold, black gold, the potential of a company, and many more things that man has always given material value have turned into numbers on the screen of a monitor ... In numbers that run television news in the four corners of the planet, which travel like bits of information in homebankings by the internet, that appear printed in almost every newspaper. What determines whether these numbers go up or down? What determines the value of riches and gold? The Law of Supply and Demand ... The difference is that both Supply and Demand today are essentially virtual, they are essentially based on the "mood" of markets, the "wise analysis" of Economy Gurus and , ultimately in the "cunning" of the speculators!

Ancient civilizations and their love of gold

Human fascination with gold is as old as recorded history. We don’t know for sure when the first human picked up a gold nugget and thought, “Hey, this is pretty cool.” However, flakes of gold have been found in Paleolithic caves dating back as far as 40,000 B.C. Most archaeological evidence shows that humans who came into contact with gold were impressed by the metal. Since gold is found all over the world, it has been mentioned numerous times throughout ancient historical texts.

THE BIBLE AND GOLD

Gold is mentioned in the Bible, where Genesis 2:10-12 describes the lands of Havilah, near Eden, as a place where good gold can be found. Incans, Aztecs, and numerous other civilizations also used gold prolifically throughout the early history, including it in religious ceremonies and in famous architectural designs.

There’s one common trend here across all ancient civilizations: gold is a status symbol used to separate one class from another. From emperors to priests to the elites and upper middle class, those who held gold also tended to hold power. .

EGYPTIAN CONQUESTS FOR GOLD

The first firm evidence we have of human interaction with gold occurred in ancient Egypt around 3,000 B.C. Gold played an important role in ancient Egyptian mythology and was prized by pharaohs and temple priests. It was so important, in fact, that the capstones on the Pyramids of Giza were made from solid gold. The Egyptians also produced the first known currency exchange ratio which mandated the correct ratio of gold to silver: one piece of gold is equal to two and a half parts of silver. This is also the first recorded measurement of the lower value of silver in comparison to gold. The Egyptians also produced gold maps – some of which survive to this day. These gold maps described where to find gold mines and various gold deposits around the Egyptian kingdom.

As much as the Egyptians loved gold, they never used it as a bartering tool. Instead, most Egyptians used agricultural products like barley as a de-facto form of money. The first known civilization to use gold as a form of currency was the Kingdom of Lydia, an ancient civilization centered in western Turkey. While pieces of natural gold have been discovered in Spanish caves that date as far back as 40,000 B.C., it wasn’t until 3600 B.C. that gold was smelted down by Egyptian goldsmiths. The Egyptians were part of some of the earliest gold conquests, using prisoners of war, slaves and criminals to work the primitive gold mines of their time. This all took place during a time when gold had no official monetary value or significance but was sought after simply because of its high desirability as a commodity.

GREEK CONQUESTS FOR GOLD

By 550 B.C. Greeks had begun mining for gold throughout the Mediterranean and Middle Eastern regions, causing gold to draw speculation from Plato and Aristotle regarding its origins. Because of being frequently located in water, gold was often thought to be a dense combination of water and sunlight, based on limited scientific and geological understanding of the both substances.

With such widespread mining, both by the Greek government and private citizens, it’s not uncommon to find remains of those mines today. Later on in history, the ancient Greeks viewed gold as a social status symbol and as a form of glory amongst the immortal gods and demigods. Mortal humans could use gold as a sign of wealth and gold was also a form of currency. Contrary to what you might think, the Olympics tradition of giving out gold medals to victors did not begin until the modern Olympics and has little to do with Greek tradition.


THE NEW ERA

At the time of the Great Navigations, countries like Spain and Portugal were considered very rich because they brought enough gold from America recently discovered, but with time this gold was spent ... Interesting to realize that physical gold has validity as a wealth, but can be sold or melted to form metal alloys, to coat micro parts of electronic devices, to create jewelry, etc...
That is, until a few decades ago the wealth of a nation was determined mainly by its quantity of gold.

With the Industrial Revolution and automobiles and other machines, oil, also known as BLACK GOLD, emerged as a great indicator of a country's wealth, and indeed even today it is one of the most sought after riches in the world. It is not at all surprising that pseudo-dictatorial nations sustain the basis of the sale of their oil, while earning the promise of their buyers to "turn a blind eye" to any kind of atrocities at their borders. Even today wars are made in the name of oil, that is, it is the same story as always: wars for the dominion of wealth.

But any similarity between the Cult of Gold and the Cult of the God of Men is no mere coincidence. In both cases, it is man himself who determines the value of his god. In both, a given doctrine or theory is only valued by the number of followers adhering to it, as well as the height and richness of its Temples. In both, we have Gurus and Prophets claiming to bring "secrets from the heavens" and dictating the Right Future and its Absolute Truth. In short, both in one and the other, we are essentially speaking of faith in your own god, never the God of All, for this Gold is not divided.

Just as the investor has faith that his actions will continue to value, and never devalue, and so reaffirms his behavior, the worshipers of the God of Men have faith that his Church will continue to grow, building new temples ever more sumptuous, and that his god will bring them more riches, and never adversities. What will be the big difference between these two beliefs?

The mind of man not only creates numbers and quotations and values for the gold grass, it also creates gods and imbues in them all the truth that they would very much like, without a doubt, to be the Absolute Truth ... But this goes until the bags break , until the faith in the God of the Feet of Clay is shattered by its own weight, there both may realize that it is our job to know ourselves, our truth, and not insist on creating truths for others . The wealth of each one is measured by the work that is performed with the Gold that is offered to them.