Amid a global scramble for physical gold and silver, both metals are breaking out, signaling the start of the next powerful ...
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Salt was once as valuable as gold and used as currency. Here's how the two commodities diverged.An ounce of salt could once be traded for an ounce of gold. Now, the idea is laughable, with the cost of gold reaching over $2,000 per ounce while 26 ounces of salt is valued at just $1.
Peter Bernstein describes the comparison between gold and salt in the eyes of the Saharan tribesmen: “What must those poor diggers have thought of the funny people from the North country who ...
The empire's commercial assets expanded due to a plentiful supply of gold dust and salt. accumulated a triple income from three sources: taxing trade goods, purchasing and selling goods at higher ...
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