Golden History and Gold Today

Where I wanted to begin was of all the avenues to pursue in both, if you will, professional or historical studies, how did gold become your focus?

You know, that's a great question.

I kind of got sucked into being interested in the gold world by Ron Paul back in 2011.

Still going to university, trying to figure out what I wanted to do, but I was just fascinated by the Ron Paul campaign and I ended up being a delegate for him.

What he talked a lot about was precious metal in the context of the gold standard.

And I remember thinking it was just really interesting, the consequences of going off that standard.

So let's pivot kind of really to the historical part of it.

And we're going to be talking a little bit more about the gold standard and kind of what that has meant in U.S. history.

But before that, we're going to be going way, way, way far back.

Who were among some of the first civilizations to use gold as their currency of choice?

Well, I think it was the King Croesus of Lydia that first made coins.

He made a coin system.

And before that, people would barter and trade with electrum.

But the problem with that is you didn't have even weights.

People were trying to have to measure everything out.

uh you know at this point we're kind of talking about the bronze age but it was around 600 bc that coins were first invented and within just a couple hundred years they dominated all over the mediterranean were traded everywhere

Where I wanted to begin was of all the avenues to pursue in both, if you will, professional or historical studies, how did gold become your focus?

You know, that's a great question.

I kind of got sucked into being interested in the gold world by Ron Paul back in 2011.

Still going to university, trying to figure out what I wanted to do, but I was just fascinated by the Ron Paul campaign and I ended up being a delegate for him.

What he talked a lot about was precious metal in the context of the gold standard.

And I remember thinking it was just really interesting, the consequences of going off that standard.

So let's pivot kind of really to the historical part of it.

And we're going to be talking a little bit more about the gold standard and kind of what that has meant in U.S. history.

But before that, we're going to be going way, way, way far back.

Who were among some of the first civilizations to use gold as their currency of choice?

Well, I think it was the King Croesus of Lydia that first made coins.

He made a coin system.

And before that, people would barter and trade with electrum.

But the problem with that is you didn't have even weights.

People were trying to have to measure everything out.

uh you know at this point we're kind of talking about the bronze age but it was around 600 bc that coins were first invented and within just a couple hundred years they dominated all over the mediterranean were traded everywhere