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The Incas talked about gold as being the “tears of the sun”. Iliad and Odyssey also contain references to the precious metal. Homer said there that gold is a sign of wealth among ordinary people and of immortality among gods.

The first gold treasure map was created around 1320 B.C., in the time of Seti. The Turin Museum now holds parts of the papyrus called “Carte des mines d’ or”. In this papyrus there are illustrated roads leading to gold mines and gold-bearing mountains. Of course, everybody is curious where the road to the golden treasure leads but, like in most maps, the explications are a bit vague. Specialists now say that the treasure is located in the Wadi Fawakhir region, where the El Sid gold mine is situated. Even so, nobody can be sure that the treasure is not sitting somewhere, just waiting to be found.

The Greeks used a special method of mining gold: they disposed of tons of water in order to propel the gold-bearing sand. This method was still used during the California Gold Rush in 1949 even if the method was invented thousands of years ago.

The precious metal was introduced as currency on the market somewhere around 700 B.C. when the Lydian merchants produced the coin. These first coins were made out of 63% gold and 27% silver. With the discovery of the “Gold of Troy” treasure, ancient delicate jewelry and a gold gravy boat was also revealed. The fabulous treasure hoard was found in Turkey and it dates back in 2450-2600 B.C. At that time, the precious metal was considered to be very valuable but it was not seen as currency. The metal was usually owned by the wealthy and it was used to make objects of warship to decorate sacred locations.

Gold was and still is a valuable asset to own. This is why specialists advise us to invest in precious metal.

Learn from professionals how to buy gold bullion in times of recession.

A new found treasure has created much controversy on whether it was stolen or not many years ago. An American family discovered that an old safety deposit box that was lying around the house was in fact a golden treasure. Their grandfather gave them the present of their lives as it seems that he managed to put aside 9 Double Eagle gold coins.

The Double Eagles are considered to be very valuable because they were minted back in 1933.The cause of the problems is that the coins minted in that year were never officially released by the government. Very few of them managed to make their way out of the federal vault. Only one coin of this kind has ever been sold in an auction. The amount of money it was sold at reached 7.6 million dollars.

In 2004 the family took the coins to the United States Mint in order to be authenticated but they had no idea what was in store for them. The Mint told them that the coins are genuine and then refused to give them back. The reason they gave was based on the assumption that the grandfather had stolen the coins from the Mint back in 1930s.

After hearing the disturbing news the family decided to go to court, where they have actually won an important ruling. The judge that was handling the case decided that the family should be given the coins back or the Mint should prove with evidence that the Double Eagles were stolen.

In 1933 almost half-million Double Eagles were minted before Franklin Roosevelt decided to ban owning large amounts of gold coins or gold bullion. The coins were ordered to be melted and just two of them were thought to have remained. Apparently these were not the only ones that escaped the meltdown.

The police are now trying to figure out whether the jeweler was the legal owner of the coins or if he indeed had stolen them. Investing in gold or purchasing gold coins is no longer an issue these days. Economists advise us to diversify our portfolio and start investing in the precious metal.

Learn from professionals how buying gold can help you in times of recession.

Marco Polo, the Venetian explorer that traveled all the way to China in 1271, managed to inspire the whole Europe with his book. “The travels of Marco Polo” presents tales about gold treasures that could be found in the remote parts of the world.

Columbus left from Spain in hope to reach the trade-rich Orient. Even if the declared motif for Spain was to spread Christianity, they also expected to capture great amounts of gold in course of the journey. King Ferdinand, the financier of the expedition, told Columbus to come back with as much gold as he could. In the 16th century, Spain had concentrated its powers in conquering Central and South America. In their quest, they also hoped to find El Dorado, the city where gold could be found everywhere.

The city was declared to be found several times. Each time explorers found gold, they said that they discovered the mythical city and started a gold rush. In the 1700, in Brazil’s Minas region one of the most important gold rushes took place. The mining was done by slaves brought from Africa. They used primitive methods for mining such as panning. By the year 1720, Brazil became the largest gold producer in the world. Gold mining was the main activity in the area.

The first American gold rush took place in North California. This state supplied the necessary domestic precious metal coined for currency to the US Mint in Philadelphia until 1830. In 1848, while overseeing the construction of a sawmill in Sacramento, California, John Marshal made an important gold discovery. By the end of 1948, the number of people prospecting for gold in the area was 5.000. By the end of 1849 the number reached 40.000.

People have always had a passion for this glittering metal.It was always considered to be a valuable asset and a good investment.

Learn from professionals how buying gold can help you in times of recession.

After the Reserve Bank of India decided to buy 200 tons of gold from the International Monetary Fund last year, many other Central Banks have started to buy this precious metal.

India’s move determined the gold prices to climb up and stay there. India’s move triggered a trend among the Central Banks that have begun to buy large amounts of precious metal.Several countries are doing this. Russia, for example, has been investing in the glittering metal for 20 years and so have the Philippines and Venezuela. The important aspect is that they are buying the yellow metal from the local production, using local currency and thus adding to the reserves or selling it on the market. Whatever they do with the gold after purchase the bottom line is that they are investing in their own economy.

And the result is that for the first time in two decades the Central Banks have become buyers and not sellers. It is obvious that the Central Banks have become so interested in buying the precious metal because they were caught off-guard by the worst financial crisis since the great depression. China is the country that has made the most important investments in the yellow metal sector. The country has raised its reserves to 1.054 tons.

It is more and more clear that gold has become an important asset that we should include in our portfolio. It is good to invest part of our savings in the yellow metal because its prices cannot fluctuate like the prices of the paper currencies.

There are various ways in which we can invest in the yellow metal, from gold accounts to shares or even physical gold like coins or bars. Gold is and will be an important part of the economy and now it is rated at high prices so this is the perfect time to invest.

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It is sometimes referred to as the Yukon gold rush. The Klondike gold rush stands for numerous immigrations and gold prospecting. It took place in Canada near Dawson City after gold was discovered in the late 19th century. After discovering the precious metal approximately 390 tons of gold were mined from that area.

The gold was discovered in 1896 in Bonanza Creek, Yukon by a party of four men and one woman. Most of the gold mining camps around the area headed to the creek in search of the precious metal soon after the news had gone out. During those times of financial recession, people from the United States were more motivated to move toward the gold fields.

Simple people and successful prospectors that were coming from New York, South Africa, the United Kingdom and Australia ended up in the same place. Most of those that came to Yukon were educated people such as lawyers, teachers and even a mayor or two who have given up their careers in order to strike gold.

Among those that took part of the Yukon gold rush, was the writer Jack London, whose books White Flag, The Call of the Wild and a series of short stories were influenced by the times spent there. He was inspired by the adventures he ran into while taking part at the gold rush. He wasn’t the only writer that took part of Klondike rush. The folk-lyricist Robert W. Service had also written stories centered around the gold rush.

In our days there have been no more gold rushes. Those that still go to the rivers in order to strike gold now consider prospecting more of a hobby. Gold is a safe investment and so, anybody who wants to purchase this yellow metal should do it.

Learn from professionals how to buy gold bullion in times of recession.

The prices of gold have had as an effect the emergence of Britons towards the UK rivers to start prospecting in order to defeat the credit crunch. Will heading to the UK rivers help them get out of debt?

More and more people have started to be interested in prospecting these days. Their dream is to strike gold in the form of a nugget or at least a flake. Because of this, the gold-panning courses have increased in popularity. Some of the people that were not particularly interested in this activity seem to have changed their minds.

The last UK gold rush took place in 1869 in Scotland when a gold-panner struck gold in a river. After a few months from the incident, the once quiet place was now roaring with thousands of hopefuls that were looking to find gold. But after three years the prospectors left disappointed. Since then in England, prospecting became a hobby.

The Britons have now rekindled their desire for gold and they are heading to the hills and rivers of Scotland in search of the precious yellow metal. There have been a number of gold rushes in England too not only in California, but people have forgotten about them. Now it seems to be as good-a-time as any to start remembering. People that enjoy prospecting can put their hiking boots back on.

Economists advise us to invest in gold in order to protect our wealth. One can invest in a various ways is this precious metal. Gold has not been the backbone of the monetary system since the gold standard was removed. Now we can look at this precious metal as a safeguard of our wealth. Gold has proved to be a safe and profitable investment. This is the reason why so many people choose to purchase the yellow metal. If you are planning to buy this precious metal you should do it right now when the market is hot.

Learn from professionals how to buy gold bullion in times of recession.

The beauty products containing gold are not the invention of the modern society.The gold products have been used for many women in the past that wanted to keep their youth and beauty intact. The mistress of Henry II, the 16th century French king, is said to have been drinking gold in order to preserve her youth.

The golden elixir though managed to kill her in the end. The reason of her death was ruled as gold poisoning. The French experts managed to find the remains of Diane de Poitiers only last year. After a serious analysis they found high traces of gold in her hair. The high amount of gold couldn’t have come from jewelry because Diane was not a queen and thus she didn’t wear any crown. After this analysis specialists stated that the only reasonable explication is that she used to drink gold in order to preserve her youth.

The French court used to believe that anyone who drank a gold elixir will be transferred the power of the sun as gold harnessed it. The French mistress, Diane de Poitiers, was 20 years younger than her lover and this is why she might have been obsessed with remaining young.

Reports made back in those days state that she was very beautiful even when she wasn’t wearing any make-up. She looked 30 when she was actually about 60 years old. Diane died at Chateau de Anet at the age of 66. The palace where she passed away was actually a present form the King himself. Her body was buried in the specially built funeral chapel on the Chateau grounds. But during the French Revolution, her body was dug up and carried into a common grave outside the castle.

If you are now curious of how this precious metal tastes like, make sure that what you drink is edible gold. On the other hand, another good thing that you could do is to invest in this yellow metal. The market today is very favorable for gold so, think about investing rather than drinking gold.

Learn from professionals how to buy gold bullion in times of recession.