john deere jewelry wholesale What is the role of gold in finance and economy?

jewelry display wholesale near me 1. The reserve of national currency
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Gold, as a currency product, has long implemented the functions of value scale, circulation, storage means, payment methods, and world currency functions. Function. Historically, gold has played directly as the functions of currency products in many countries, such as Britain, the United States, Spain and Mexico. However, with the collapse of the golden standard system in the world, gold gradually came out of the field of currency circulation, but it still maintained the function of storage. At present, although some countries in reducing the gold proportion of reserves assets, some of the central banks in charge of the young and strong faction are in charge of the liquidity and value -added of reserve assets, and they look down on the gold reserves of value preserving and stable gold. The role must not be underestimated. For example, since the 1960s, Germany Mark has been one of the most strong currencies in the world. The reason has a direct relationship with the German Central Bank of the Central Bank of Germany.
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The gold is still purchased and reserved by most countries as a reserve to maintain the stability of currency and economy. At present, the gold as a currency reserve has reached 60 % of the total mining gold. Even the United States, which has been advocating "Gold's useless theory ', still has a gold stock of about 25 % of the world's official reserves. In addition, about 25 % of the annual output of gold has been cast into gold bars, and the BRICS is stored in the world. The governments of various governments, as insurance measures to prevent economic crisis or natural disasters, to cope with wars and inflation, etc., only a small part is cast into gold coins for circulation.
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. Investment in personal financial assets investment The tool for preservation
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During the period of economic stability, people are not interested in gold. Because the behavior of simply storing gold has no interest income, and it also needs to pay the storage custody cost. Therefore It can only be regarded as a hobby of gold collectors, instead of regarding it as a means of investment preservation. For example, in the 1950s of the 1950s, the world economy showed this situation. At the end of the 1990s, when the financial crisis appeared in the Southeast Asian region, South Korea, and Taiwan, Hong Kong and other countries and regions in China, especially the South Korean people carried out a civil donation campaign to save the country's fiscal and financial crisis. A positive effect makes people a new understanding of gold as an investment preservation tool.
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When gold is in value preservation, value -added, and storage means, it is mostly golden blocks, gold bars, and BRICS , Pure gold coins and other forms exist.
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. Special materials for beautifying life
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about two -thirds of the gold produced in the world are used in large quantities of large amounts of gold. Decoration, mainly used in jewelry industry. Gold is used as a long history of decorations. Many countries in the world have left historical records of making jewelry with gold. Gold jewelry fully reflects the characteristics of gold -beauty and softness , Strong anti -corrosion resistance.
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It also reflects a complex social phenomenon. Gold jewelry can not only bring beauty to people, but also fully show their identity and wealth. Gold in the feudal society has made the social level clear. Obviously, only nobles and bureaucrats will have a large number of gold jewelry, while the poor people are rarely or even unlikely to have gold jewelry, so gold is a symbol of wealth.
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. The raw materials in the field of industry, medical, and high -tech
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The early 20th century, gold began to be widely used in the field of industry, medical and high -tech. The characteristics of thermal conductivity, corrosion resistance and tensile, abrasion, and arc resistance are used. Therefore, gold is used in a large number of space, electronics, and electrical industries. Cosmic ships, artificial satellites, rockets, missiles, electrical instruments in aircraft, micro motor, micro motor Almost all of key components such as electric connection points are made of gold and its alloy manufacturing with gold that is not easy to oxidize, high melting point, strong anti -lonely abrasion capacity. For example Some high -end contactors, insertions, relays, and large -scale switches and lineboards on large -scale computers in the industry are also made of gold. According to statistics, about 80 tons of gold in the world are used for electricity each year for electricity. Emerging high -tech industries such as sub -industry, aerospace industry, computer and electronic communications. The good toughness and ductility of gold are also excellent materials used to print micro -electronic circuit boards. If this micro -electron line is used for new computers, it can save several miles of long wires, so that computers are possible to miniaturize and miniaturize. In the field of aerospace industry, in addition to good conductivity, electronic components made of gold have the characteristics of long service life. Of course, if a layer of gold with a thickness of only 0.06 inches on the surface of the spacecraft can also form a layer of ideal reflective membrane, which is enough to protect the damage to the hot sun in space. In addition, about 60 tons of gold in the world is used in the field of pharmaceuticals, mainly used in dental convergence and treating rheumatoid arthritis. Gold has also been widely used in photography, medical care, and other industrial fields.

replica cartier jewelry wholesale First, gold is an asset. The rarity of gold makes gold very precious, and the stability of gold makes gold be easy to save. Therefore, gold not only becomes human material wealth, but also an important means for human storage wealth. Therefore, gold has been particularly favored by human beings. Golden historian Green pointed out: "The civilization of ancient Egypt and ancient Roman was planted by gold." Pastening to occupy more gold is the driving force of ancient Egypt and the ancient Roman ruler. From 2000 BC to 1849 BC, the rulers of ancient Egypt had four plunder war on Nubia (a small country upstream of the Nile River), occupying all the gold mines of Nubia. From 1525 BC to 1465 BC, the Eighteenth Egyptian King of the Egyptian Dynasty launched two wars, plundering a large number of gold and silver from Palestine and Syria. A large amount of gold and silver flow into Egypt, greatly increased Egyptian wealth, so that they have the ability to build large water conservancy projects, develop agriculture, build luxury palaces and cemeteries, and leave huge Amon Temple relics and pyramids for humans. The golden coffin in the tomb of Tutanhamon is 110 kilograms. In 47 BC, the ancient Egypt was occupied by the Roman Empire. When the Roman Emperor Caesar triumphant Rome, Roman showed 2822 golden crowns plundered from Egypt. Each golden crown weighed 8 kg and a total of 22.58 tons. It also showed 1,815 tons of silver. The gold and silver of the parade weighed 65,000 Tarant, about 1950 tons. The accumulation of gold and silver has greatly increased the national strength of the Roman Empire, making them capable of building a group of magnificent buildings. Although most of these buildings are now broken walls, they still have a profound impact on human beings in terms of literature, history, law, and philosophy. Gold is also the material foundation of modern industrial civilization. The development of new routes in the 16th century and the discovery of the new continent had a huge impact on European economic life. Among them, gold in the Americas, Africa, and silver flowed into Europe, increasing the original accumulation of European capitalism. In the 16th century, Portugal plundered 276 tons of gold from Africa; more gold and silver plundered from the Americas in Spain, and Spain controlled 83%of the world's gold mining volume at the end of the 16th century. The large flow of gold and silver has caused the rise in European prices, and the first price revolution has appeared, which has played a huge role in promoting the disintegration of European feudalism and the establishment of capitalist production relations. In order to fight Spain in the 17th century, Portugal established an alliance with the United Kingdom and opened the market to the British industrial products. At this time, the climax of Brazil's gold development under the control of Portugal was rising, and Brazil's gold was likely to be transformed into capital, and Portugal completed the industrial revolution. However, due to the ruler's feudal autocracy, Portugal became a golden funnel, and most of the gold flowed to the UK. There are 600 tons of gold that flows into the British Treasury, coupled with the inflows of other countries, so that Britain has quickly accumulated huge amounts of currency capital, and took the lead in implementing the golden system in 1717, providing a reliable economic guarantee for the British financial system. Therefore, the second price revolution that occurred at this time not only did not affect the financial industry in the UK, but created conditions for the exports of British products. The export volume of British products accounted for 1/4 of the world's total. The industrial revolution finally happened in the UK. Although the roles played by contemporary gold have changed, countries still reserve about 31,000 tons of gold wealth to prepare unexpected needs; more than 20,000 tons of gold are private investment wealth. Therefore, some people think that about 40 % of the approximately 140,000 tons of gold produced by human beings are currently as financial assets, existing in the financial field, and about 60 % of them are general products. The main function is to consume. Second, gold is a currency. Gold has a long history of currency. It has been more than 2,300 years since the unearthed ancient Roman Yarlishan gold coins. The Persian gold coins have a history of more than 2,500 years. The earliest gold coins in China were the "love" cast by Chu during the Spring and Autumn Period and the Warring States Period, and it has a history of more than 2,300 years since it. However, these gold coins are only auxiliary currency used within a certain range and area. Gold has become a world -recognized international currency during the "golden -based" period that appeared in the nineteenth century. "Golden System" means that gold can be used as a means of domestic payment and used for circulation settlement; international hard currency can be used as a foreign trade settlement. Although Britain first implemented the Golden System as early as 1717, it was not officially determined by the system until 1816. After that, Germany, Sweden, Norway, the Netherlands, the United States, France, Russia, and Japan successively announced the implementation of the gold standard. The golden standard is the peak of the performance of gold currency attributes. For more than 200 years, the elderly in the world has implemented the Golden Latest. For decades, China has not implemented the gold standard system. Later, due to the outbreak of the world war, all countries have undergone gold control, and the golden standard system is difficult to maintain. On the eve of the end of World War II, under the leadership of the United States, a Bretton Forest Conference was held to adopt relevant resolutions to decide to establish an international currency system centered on the US dollar. Gold's international obligation.