Gold Shines
The history of precious metals shows that as early as 2500 B.C. gold, silver, and copper were used in Egypt and Asia Minor to pay for goods and services
By Dr. Ileana Johnson Paugh —— Bio and Archives--February 25, 2026
World News | Comments | Back To Full Article
“Everything has its limit--iron ore cannot be educated into gold.” – Mark Twain
People have chased gold since they realized that keeping a barter economy was not always feasible because commodity money like grain rotted, salt scattered, and cows were tough to take to the market. So, they invented money: stone money (Yap Island), salt (China and Roman Empire), ivory (Fiji), elephant hair (Africa), tobacco (Solomon Islands), brick tea money (Siberia), East Indian Money Tree (Malay Peninsula), Copper money (Alaskan Indian), to name a few.
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