During the British occupation of the Virgin Islands, which occurred sporadically during the 17th and 18th centuries, there was no official mint established on the islands. The British Virgin Islands, consisting of Tortola, Virgin Gorda, Anegada, and Jost Van Dyke, were primarily used for agricu ... |
The Thaler (or Taler or Talir) was a silver coin used throughout Europe for almost four hundred years. Its name lives on in various currencies as the dollar or tolar. Etymologically, “Thaler” is an abbreviation of “Joachimsthaler”, a coin type from the city of Joachimsth ... |
Gold is often considered a hedge against inflation because it maintains its intrinsic value over time. Here’s how gold can serve as protection from the inflation of paper money:Intrinsic Value: Gold has inherent value due to its scarcity, durability, and desirability. Unlike paper money, which ... |