EDpuzzle. Ch011. Studentworksheets. Mining-by-aborigines. Gold and the Incas - Lost Worlds of Peru - National Gallery of Australia. Gold and the Incas - HOME. » Gold in the Ancient World. As the earth cooled into a planet, the high specific gravity of gold placed it in the earth’s mantle. Specific gravity is the mass of gold compared to the mass of the same volume of water, or 19.3 times heavier than water. The mantle is the inner layer of molten rock, below the continents and ocean floors.
The continents have been moving around over the earth’s mantle for geological ages. At the end of the Cretaceous Period, 65 million years ago, the molten material began to boil and churn in circular currents. As the continents were moved about by the tectonic forces generated by the movement of the molten mantle, there were places where this molten material was pushed up to the surface. With it came the heavy metals, including gold, which was deposited very often in veins in faulted rock or as replacements of other minerals. The minerals that are usually associated with gold are quartz and the heavy metals. GOLD and the FIRST CIVILIZATIONS TIGRIS and EUPHRATES VALLEY. The Aten Sequence Books: The Importance of Gold to the Ancient Egyptians. In The Aten Sequence Books, our hapless main character Aten is desperately trying to get his hands on enough gold to make more fuel for his ship, so that he can blast off back into space and join his evil Uncle Lucie in conquering the Universe.
After trying out a few options, such as the Bank of England in Victorian London, he decides the Temple of Karnak during the reign of the fabulously wealthy Pharaoh Amenophis III is his best bet. Now this is pure fiction, but the Ancient Egyptians were famous for the amount of gold they possessed, so why was it so important to them? “And gold – everywhere the glint of gold” - Howard Carter on what he saw as he opened the tomb of Pharaoh Tutankhamun in the Valley of the Kings. Most people when they think of Ancient Egypt think of gold. Ever since the glittering tomb of the boy king Tutankhamun was excavated in 1922, we have associated the mysterious land of Egypt with untold wealth and glittering treasure. A Timeline of Gold's History As A Currency | The Prudent Investor. History of gold. A child finds a shiny rock in a creek, thousands of years ago, and the human race is introduced to gold for the first time.
Gold was first discovered as shining, yellow nuggets. "Gold is where you find it," so the saying goes, and gold was first discovered in its natural state, in streams all over the world. No doubt it was the first metal known to early hominids. Gold became a part of every human culture. Its brilliance, natural beauty, and luster, and its great malleability and resistance to tarnish made it enjoyable to work and play with.
Where does gold come from ? Because gold is dispersed widely throughout the geologic world, its discovery occurred to many different groups in many different locales. Gold was the first metal widely known to our species. Gold is the easiest of the metals to work. Gold has always been powerful stuff. Early civilizations equated gold with gods and rulers, and gold was sought in their name and dedicated to their glorification. Gold's History As Money I World Gold Council. What were the perceived advantages and disadvantages of the Gold Standard? In the 19th century after the Napoleonic Wars, societies turned initially to gold, silver or bimetallic standards, and subsequently to the international Gold Standard, in order to reduce the potential for run-away inflation.
Throughout history, and with some notable episodes in the 18th century and around 1800 during periods when money was not tied tightly to gold or silver, governments or central banks often printed too much currency, increasing the money supply too fast—reducing the effective value of the currency. By tying paper currency to gold, society linked the ability of a central bank to print money to the amount of gold that it had in its possession or to a multiple thereof. This provided tremendous confidence in the currency; citizens knew that at any point they could redeem their paper currency for gold.
Indeed the period of the Gold Standard was a highly successful one for the world economy. 2014 will be the year of the currency reset and gold backed trade note - National Finance Examiner. On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of a de-Americanized financial order. The next year will feature many powerful new effects.
The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. 2013 will go down in history as the year of global currency wars. Welcome to the official site United Future World Currency - NEWS: Russian President Dmitry Medvedev Unveils New World Currency. Russia's President, Dmitry Medvedev (pictured left), pulled the world's new currency from his pocket at the meeting of G8 leaders in the Italian city of Aquila.
The future of the dollar was one of several subjects debated at the G8 summit. Mr. Medvedev, who has been seeking ways to displace the dollar as the world's dominant reserve currency, produced a sample coin of what he described as a 'united future world currency'. "Here it is," Mr. Free-Market Analysis: How do you write about what may be the new world currency without mentioning "gold. " We have stated within the pages of our slim volume on a number of occasions that were non-Western countries serious about producing an alternative currency, they would back it with gold. The coins ... are called "eurodollars," in a symbolic call for a common currency to unite Europe and the United States.
That said, Medvedev et. al. seem to be getting the right idea. China Looks Set To Introduce Gold-Backed New World Reserve Currency. The US dollar has been the world’s reserve currency for many decades now, but the trends seem to indicate that China is preparing to overtake the US in regards to being the “standard” currency. The world’s monetary system has not had any direct involvement with gold since 1971, when U.S. president Richard Nixon ended the conversion of the dollar into gold.
China seems to be preparing itself for a big involvement in gold, potentially backing their currency with gold. The graph below shows that world reserve currencies come and go, and they change on average every 95 years. It is impossible to know exactly how much gold China has, as their central bank is more secretive in this regard compared to other countries.
The last “official” announcement of their gold holdings was in 2009, and it was reported as 1,054 tons. Those figures would currently put China in the number 6 spot on the list of countries who hold the most gold. So why are they doing this? The Golden China Yuan Currency Is Coming – Here's How to Play It. Currencies / China Currency YuanJan 21, 2014 - 02:28 PM GMT By: Money_Morning Peter Krauth writes: The U.S. dollar has been the world's de facto reserve currency for almost 90 years. But this financial dominance may be nearing its end. In recent years, China's been floating the idea the yuan should take on the dollar's role as the world's reserve currency. In fact, the Chinese have already negotiated numerous bilateral trade deals that completely bypass it. And they've even called for efforts to "de-Americanize" the global economy.
Whatever happens, China's economic rise foreshadows increased influence. It's a trend that not only has serious implications, but also great profit opportunities, if you know what to expect... A (Very) Brief History of Reserve Currencies Along with reserve currency status come the roles of financing international trade and acting as a store of value for governments worldwide. As this chart shows, since the mid-1400s, there have been six different reserve currencies. Gold Rush Australia Chinese Miners. SMART Notebooks & digital tools supporting Information skills process & literacy K–6. Stage 3 Literacy Unit - Gold. Federation | AC History Units. The idea that the six Australian colonies ought to create some form of national government had existed since the 1850s.
By the 1880s colonial leaders were becoming concerned about matters such as defence and immigration, which affected the whole continent. Revise the Year 5 inquiry question: How did an Australian colony develop over time and why? What were the reasons (economic, political and social) for the establishment of British colonies in Australia after 1800? Compare maps of Australia before and after Federation. What were the colonies? What were their capital cities? See From colonies to states: maps (PDF, 288 KB) Use a range of primary sources from the historical sources list in the Year 6 program: Federation (PDF, 276 KB) to investigate and discuss the issues and events that led to Federation. Continue to gather and summarise information as a class for this inquiry: Assessment Contribution to the class timeline.
Federation poster, c1895. History_s3_sampleu1. StoryTelling. The I Files - Gold Rushes (Australia) Goldrush: Unit of Work. Gold Rush | Human Society and Its Environment. Gold is often a unit of work that is chosen by many teachers to meet outcomes of stage three in the HSIE Key Learning Area. The study of the Gold Rush in Australia focuses around the strand of change and continuity and environments of an event in Australia’s history that has had a significant impact on Australia’s identity and development of the economy. Furthermore it sparked an immigration boom, bringing multiculturalism to Australia. In this unit students can use their inquiry learning skills to discover the impact this event has had on Australia and the environment (social and physical), whilst also integrating gender (women in the mines), global , multicultural and work perspectives. There is an excellent unit of work in the NSW Board of studies Units of work 1998 (2006) on Gold, pages 115-118.
The unit sequence is base on approximately 8 – 10 weeks (one school term) covering the following outcomes for stage 3: Strands: Change and Contiunuity Environments Substrand/Outcomes: Like this: Download. Australian-gold-rush.wikispaces. The Gold Rush 1823-1896 Stage 3 Gold! unit | K-6 Educational Resources | Board of Studies NSW. Download a PDF version of this page The first goldfields The first goldfields were alluvial or surface goldfields, where the gold could be washed or winnowed from the soil. The life of these goldfields was short. In Victoria in 1852, it was estimated that the value of gold found by diggers was an average of 324 oz per head. By 1856 it had fallen to 103 oz and it further declined to 78 oz in 1865. In Victoria in 1856, there were 115 000 prospectors (or alluvial diggers.) By 1865, the number had declined to 80 000.
First official reports of the finding of gold in Australia by J McBrien. Geologists P E Strzelecki and Rev W B Clarke find gold near Hartley. Transportation of convicts to NSW ceased. Gold discovered in California (announced in December 1848). Californian gold rush. Governor Fitzroy approached the Colonial Office, advocating a policy for the exploitation of mineral resources. Edward Hargraves returned from California and washed gold at Summer Hill Creek, Ophir. Sources. The Gold Rush 1823-1896 Stage 3 Gold! unit | K-6 Educational Resources | Board of Studies NSW.