Gold has always attracted the human eye, and as it is prevalent throughout the world, it has always been popular in every culture. As gold does not corrode or tarnish, it symbolized immortality and was equated with power. The ancient Egyptians used gold for decoration and to demonstrate power. The code of Menes, the founder of the first Egyptian dynasty, states that "one part of gold is equal to two and one half parts of silver By 1, B. The gold would be heated in a bone-ash crucible, which absorbed base metals, leaving only silver and gold when the heating process was finished. Then the silver would be removed, and what remained was pure gold.
For centuries alchemists devoted themselves to trying to make gold. Alchemy is the transformation of base metals into gold. Although such efforts failed to produce gold, the activities of the alchemists created the foundations of modern chemistry.
However, as popular as gold was, it was not used as anything but decoration for centuries. Gold was first used for coinage in the eighth century B. With the introduction of gold coins, gold started to have a value as a commodity. This was the first time "money" was used; gold coins started to be used in bartering, making trade much easier.
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Due to the large hoard of gold that the Kingdom of Lydia was able to amass when trading, the last king of Lydia, Croesus of Mermnadae B. But what the Lydians did was more than make their kings rich. By introducing the concept of money, economies started to grow. The Greeks and Romans traded in gold coins for spices in India and silk in China. And everyone knows about the great gold rushes of the 18th and 19th centuries.
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We are all familiar with about the "gold fever" that struck the United States, leading to a number of gold rushes. The first significant gold rush was in in North Carolina, but the one that most people are familiar with is the California gold rush of The population of San Francisco before was about 1, people.
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Two years after gold was discovered, there were 25, people living in the city. People came from all over the world to get in on the riches. The next great gold rush was in the Klondike in The winters in the Yukon Territory were harsh, but people from all over the world fought the elements to get at that gold. From the middle of the 19th century on, Australia also saw a number of major gold rushes. These gold rushes did a great deal to bring people to the outback, and many of the towns in these regions exist solely due to these gold rushes. It was not until much later - the 18th century in fact - that the first national gold standard was adopted.
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Lists with This Book. Don't keep it to yourself! Add it Here. Create a new account. Log In. Watch the song video Rule the World [From Stardust]. Smile [from Knocked Up]. Cruel Summer [from the Karate Kid]. Stardust [From Sleepless in Seattle]. Alfie [From Alfie].
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