Posts — History of gold

It's all so confusing. One you weigh, one is for purity, and well, the last one you eat. If you already know the difference you probably work in the jewelry industry. If not stay tuned we'll break it down for you.  Carat. First used around the 15th century and from the French word carat. Apparently the French stole it from the Italians who called it Carato. They stole it from the...

  Did you know that on  August 15, 1971 the US government was in full crisis mode? It's true.  France's Charles DeGualle was sending boats over to the US to exchange dollars for gold. You see back then other governments could take our dollars and legally exchange them for gold. There were other governments doing this as well but he was the most outspoken about our spending habits..  At the rate...