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Is silver a medium of exchange?
Gold and silver, then, are the natural means of exchange. Every producer wants to convert their surplus into them or...
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What is the point of buying gold?
Throughout history, gold has been viewed as a special and valuable commodity. Nowadays, owning gold can act as a hedge...
What are 5 negative effects of mining?
The exploration, construction, operation and maintenance of mines can cause a change in land use and may have associated...
Is mining harmful to health?
Miners are at risk of developing a lung disease called pneumoconiosis due to their exposure to airborne breathable dust....
Where do rich people put their money?
Most of the 20.27 million millionaires in the United States didn't inherit their money; only about 20% inherited their...
What's the difference between fiat currency and gold?
The gold standard means that a currency has a fixed value directly linked to gold and is convertible into gold. Fiat...
Is gold a better investment than a savings account?
In the long term, investing money can bring greater benefits than keeping it in a savings account. Especially if you...