|
Mexican Mint
La Casa de Moneda de México is the national mint of Mexico and is the oldest mint in the Americas. History ''La Casa de la Moneda'' was established on 11 May 1535 by the Spanish viceroy Antonio de Mendoza by a decree from the Spanish Crown to create the first mint in the Americas. It was built on top of Moctezuma's Casa Denegrida, the black house where the last emperor of the Aztecs used to meditate, and which was part of the Casas Nuevas de Moctezuma. The mint's silver eight-real coins and its successor coin, the silver peso, circulated widely in the Americas and Asia well into the 19th century and became the basis of the modern national currencies of many countries in these parts of the world, including the United States dollar, the Japanese yen and the Chinese yuan.Global Financial DataThe Global History of Currencies (GHOC)/ref> Since 1983, coins are only produced in San Luis Potosí. The ancient headquarters are currently the Museo Nacional de las Culturas in Mexico ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Government Of Mexico
The Federal government of Mexico (alternately known as the Government of the Republic or ' or ') is the national government of the United Mexican States, the central government established by its constitution to share sovereignty over the republic with the governments of the 31 individual Mexican states, and to represent such governments before international bodies such as the United Nations. The Mexican federal government has three branches: executive, legislative, and judicial and functions per the Constitution of the United Mexican States, as enacted in 1917, and as amended. The executive power is exercised by the executive branch, which is headed by the president and his Cabinet, which, together, are independent of the legislature. Legislative power is vested upon the Congress of the Union, a bicameral legislature comprising the Senate and the Chamber of Deputies. Judicial power is exercised by the judiciary, consisting of the Supreme Court of Justice of the Nation, the Coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1535 Establishments In New Spain
__NOTOC__ Year 1535 ( MDXXXV) was a common year starting on Friday (link will display the full calendar) of the Julian calendar. Events January–June * January 18 – Lima, Peru, is founded by Francisco Pizarro, as ''Ciudad de los Reyes''. * February 27 – George Joye publishes his ''Apologye'' in Antwerp, to clear his name from the accusations of William Tyndale. * March – English forces under William Skeffington storm Maynooth Castle in Ireland, the stronghold of Thomas FitzGerald, 10th Earl of Kildare. * March 10 – Fray Tomás de Berlanga discovers the Galápagos Islands, when blown off course ''en route'' to Peru. * May 4 – The first of the English Carthusian Martyrs is executed. * May 10 – Amsterdam: A small troop of Anabaptists, led by the minister Jacob van Geel, attacks the city hall, in an attempted coup to seize the city. In the counter-attack by the city's militia, the burgemeester, Pieter Colijns, is kil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver As An Investment
Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation Hedge
An inflation hedge is an investment intended to protect the investor against (hedge) a decrease in the purchasing power of money (inflation). There is no investment known to be a successful hedge in all inflationary environments, just as there is no asset class guaranteed to increase in value in non-inflationary times. Inflation can impact investment decisions by making it difficult to predict future prices. This makes it risky to invest in certain assets, such as commodities, that may be impacted by inflation. Inflation can erode the value of investments over time. This is why it is important for investors to consider inflation when making investment decisions. ''Barron's Finance & Investment Handbook'' states: "Traditionally, gold and real estate have a reputation as good inflation hedges, though growth in stocks also can offset inflation in the long run. Money market funds, which pay higher yields as interest rates rise during inflation times, can also be a good inflation he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold As An Investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Many European countries implemented gold standards in the latter part of the 19th century until these were temporarily suspended in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct conver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dos Pesos Gold Coin
The 2 Pesos or Dos Pesos gold coin was produced in Mexico between 1919 and 2009, with dates including 1919, 1920, 1944, 1945, 1946 and 1947. The Dos Pesos contains 0.0482 (slightly under 1/20) troy ounces of fine gold along with copper, and measures 13 mm in diameter. Design Obverse side displays the Coat of arms of Mexico depicting a Mexican golden eagle perched on a prickly pear cactus devouring a snake. The reverse side includes the denomination surrounded by a garland wreath. The coin was produced by the Mexican Mint, which is the oldest mint in North America. The Mexico City Mint produced gold pesos in denominations ranging from two pesos to fifty 50 (fifty) is the natural number following 49 and preceding 51. In mathematics Fifty is the smallest number that is the sum of two non-zero square numbers in two distinct ways: 50 = 12 + 72 = 52 + 52. It is also the sum of three squares, 50 = 3 .... Each denomination shared a common design with the 2 peso gold coin b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullion Coin
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Mexico
The Bank of Mexico ( es, Banco de México), abbreviated ''BdeM'' or ''Banxico,'' is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency. History Background Plans for a national bank of Mexico began as early as the Mexican Empire of Agustín de Iturbide with his idea of a ''Gran Banco del Imperio Mexicano'' (Grand Bank of the Mexican Empire). This idea was never pursued, instead, credit was generally issued by religious orders or trading guilds. In 1827 Mexico defaulted on a loan from British lenders which made it difficult to find foreign capital and it was forced to rely on local lenders as it had no national bank to lend to it. Instead the government was forced to rely on domestic lenders known as agiotistas (speculators) who specialized in short-term, high-interest loans. The first bank organized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Museo Nacional De Las Culturas
The Museo Nacional de las Culturas (MNC; ''National Museum of Cultures'') is a national museum in Mexico City dedicated to education about the world's cultures, both past and present. It is housed in a colonial-era building that used to be the mint for making coins. Prior to this, the site was the home of the location of the Moctezuma's Black House. The mint was moved to Apartado Street in 1850, and the building was used for various purposes until it was converted to its current use in 1966. Aztec site The museum is located on the site of the original Aztec building that was a part of Moctezuma's "New Palaces" complex called the " Casa Denegrida" (Black House) by Spanish conquerors, who described it as a windowless room painted in black. In here, Moctezuma would meditate on what he was told by professional seers and shamans. During the Conquest, this Black House, along with the rest of Moctezuma's New Palaces was nearly destroyed. This site was part of lands given to Hernán Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Luis Potosí
San Luis Potosí (), officially the Free and Sovereign State of San Luis Potosí ( es, Estado Libre y Soberano de San Luis Potosí), is one of the 32 states which compose the Federal Entities of Mexico. It is divided in 58 municipalities and its capital city is San Luis Potosí City. Located in Central Mexico, San Luis Potosí is bordered by seven other Mexican states: Nuevo León to the north; Tamaulipas to the north-east; Veracruz to the east; Hidalgo, Querétaro and Guanajuato to the south; and Zacatecas to north-west. In addition to the capital city, other major cities in the state include Ciudad Valles, Matehuala, Rioverde, and Tamazunchale. History In pre-Columbian times, the territory now occupied by the state of San Luis Potosí contained parts of the cultural areas of Mesoamerica and Aridoamerica. Its northern and western-central areas were inhabited by the Otomi and Chichimeca tribes. These indigenous groups were nomadic hunter-gatherers. Although many indi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.PNG "Click for more on -> Gold As An Investment")
.svg "Click for more on -> San Luis Potosí"){kind=logo}