{"id":27012,"date":"2017-10-19T09:03:30","date_gmt":"2017-10-19T14:03:30","guid":{"rendered":"http:\/\/olduvai.ca\/?p=27012"},"modified":"2017-10-19T09:03:55","modified_gmt":"2017-10-19T14:03:55","slug":"how-gold-bullion-protects-from-conflict-and-war","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=27012","title":{"rendered":"How Gold Bullion Protects From Conflict And War"},"content":{"rendered":"<h3 class=\"page-header\"><a href=\"http:\/\/www.goldcore.com\/us\/gold-blog\/gold-bullion-protects-conflict-war\/\">How Gold Bullion Protects From Conflict And War<\/a><\/h3>\n<div class=\"content-border-top\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-sm-8 col-md-6 middle-col\">\n<div class=\"blog-post-inside post-6508 post type-post status-publish format-standard hentry category-daily-market-update\">\n<div class=\"blog-post-text\">\n<div class=\"content-border-top\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-sm-8 col-md-6 middle-col\">\n<div class=\"blog-post-inside post-6508 post type-post status-publish format-standard hentry category-daily-market-update\">\n<div class=\"blog-post-text\">\n<div>\n<p><strong>\u2013 Gold and silver\u2019s historical role in conflict shaped the world today and the modern financial system<\/strong><br \/>\n<strong>\u2013 Gold played an important function in the great conflicts\u00a0up to and throughout the 20th century<\/strong><br \/>\n<strong>\u2013 Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War<\/strong><br \/>\n<strong>\u2013 Gold was an important economic agent in both World Wars,\u00a0conferring a huge advantage on the allies<\/strong><br \/>\n<strong>\u2013\u00a0In a world beset with risks of war both in the Middle East and with North Korea, Russia and China \u2026 gold will protect<\/strong><\/p>\n<p><a href=\"http:\/\/www.goldcore.com\/ie\/wp-content\/uploads\/sites\/19\/2017\/10\/Snip20171019_25.png?x64374\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-12021\" src=\"http:\/\/www.goldcore.com\/ie\/wp-content\/uploads\/sites\/19\/2017\/10\/Snip20171019_25-1024x688.png?x64374\" alt=\"\" width=\"1024\" height=\"688\" \/><\/a><\/p>\n<p>Gold and silver have played important roles during periods of conflict and have protected people but also protected nations and conferred power. HSBC Chief Precious Metals analyst James Steel has written\u00a0<a href=\"http:\/\/www.lbma.org.uk\/assets\/alchemist\/Alchemist_87\/Alch87Steel.pdf\">a fascinating piece<\/a>\u00a0for this month\u2019s\u00a0Alchemist about this.<\/p>\n<p>The article takes us through the major wars and conflicts from the 15th century to modern times. Each major war serves as a reminder that success is as much down to the management of bullion and finance as it is about the role of gold and silver.<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<blockquote><p><em>\u2026the way bullion was used, moved, stored and shifted had profound effects on long-term economic or military success. Indeed, the role of gold and silver in wars not only in influenced the shape of the world today, but laid the foundations for the modern financial system.<\/em><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<p>When managed effectively we see how important gold and silver were for victorious countries. Central bankers and politicians of today should use the following historical examples of military successes to appreciate the importance of a strong source of bullion and conservative financial planning both in and out of peacetime.<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How Gold Bullion Protects From Conflict And War \u2013 Gold and silver\u2019s historical role in conflict shaped the world today and the modern financial system \u2013 Gold played an important function in the great conflicts\u00a0up to and throughout the 20th century \u2013 Gold and the effective use of bullion played a crucial role in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5,6],"tags":[2146,374,8689,14499,647,730,862],"class_list":["post-27012","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","category-liberty","tag-conflict","tag-gold","tag-goldcore-com","tag-jan-skoyles","tag-precious-metals","tag-silver","tag-war"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27012"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27012\/revisions"}],"predecessor-version":[{"id":27014,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27012\/revisions\/27014"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}