For over five thousand years, man has searched and risked his life to find that soft, yellow metal known throughout the world as gold. The word “gold” is derived from an Indo-European connotation, meaning to gleam or shine, and it has always commanded global attention.
You can do many things with gold. Gold is malleable; it can be changed and moulded into just about any shape imaginable. It is ductile and can be threaded and drawn into wires. For centuries it has been pounded into gold leaf.
Gold has formed the basis and the backbone for the world’s economies. People hoard gold because in times of economic upheaval and depression, gold can always be exchanged for commodities and food. A person who has gold is a person who can always survive.
Where is gold found? It’s rather rare, and out of ninety natural elements on earth, it is only the seventy fifth most common. Locating pure gold, not mixed or combined with anything else, is unusual. More often than not, it is mingled with other elements. Electrum is a combination of gold and silver. Amalgams contain gold and mercury. Zinc, quartz and lead mines produce gold.
Placerville, California was the scene of major gold strikes in the nineteenth century. A placer deposit occurs where rock is worn or washed away and shows up in the beds of streams and rivers. Veins or loads hold gold located in the cracks of rocks. Copper exploration turns up gold. The gold in the oceans and great lakes of the world is simply too small in size and quantity to make it worth while to extract.
Countries that have gold deposits have a viable natural resource upon which to build their economies. A country with gold can feed and support its people and create a first -rate life style. If you’re traveling abroad or looking to relocate permanently, you may want to consider finding a country with a good supply of gold.
Australia and South Africa lead the world in extracting and producing gold each year; their individual shares of the world market are about eleven percent. They are followed by China with ten percent, the United States with ten percent, and Peru with seven percent. Other countries with significant gold resources include Russia, Indonesia and Canada.
Lower income countries are digging and searching for gold like crazy because this is their path to creating a better economy and life for their people. In Tanzania, Guinea, Guyana, Ghana and Mali, the hunt is on everyday of the year for gold to feed the markets that rely upon trading this precious metal.
There are enough modern uses for gold that it will always be valuable. Gold is predominantly sought to fabricate jewelry like bracelets and engagement rings, but the dental and electrical industries of the world crave it also. Gold conducts electricity in circuits; gold coated cables service your electronics at home. Computers, communications equipment, space craft and jet engines operate with gold.
If you’re looking for stability in a travel destination or the location of a home, it is worth looking into the gold reserves and mining capacity of the locale you’re entering. Gold may give you that serenity, security and upscale locale you are looking for.
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