{"id":62738,"date":"2022-05-25T07:19:52","date_gmt":"2022-05-25T12:19:52","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62738"},"modified":"2022-05-25T07:19:52","modified_gmt":"2022-05-25T12:19:52","slug":"a-surprising-benefit-to-owning-gold-especially-now","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62738","title":{"rendered":"A surprising benefit to owning gold\u2013 especially now"},"content":{"rendered":"
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A surprising benefit to owning gold\u2013 especially now<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n
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By the year 41 BC, just a few years after the assassination of Julius Caesar, Rome was under the strict rule of a three-person dictatorship known as the Tresviri rei publicae constituendae.<\/p>\n

Historians today refer to this committee as the Triumvirate, and it included a general named Aemilius Lepidus, as well as Gaius Octavius\u2013 who would eventually become Emperor Augustus.<\/p>\n

But the leader of the group, at least at first, was Marcus Antonius, also known as Mark Antony.<\/p>\n

Mark Antony was not especially popular. Many Romans rightfully suspected that Mark Antony had been involved in Caesar\u2019s assassination. Plus he was sleeping with Caesar\u2019s widow, Cleopatra.<\/p>\n

But Antony\u2019s power through the Triumvirate\u2019s was absolute. He could raise taxes, establish new social and religious traditions, regulate daily life, seize private property, and even condemn people to death\u2026 all without any oversight or due process.<\/p>\n

And he wasn\u2019t shy about using this power to squash his opposition.<\/p>\n

Antony put several of his political enemies to death\u2013 including the much beloved Cicero, who was trying to escape Rome when Antony\u2019s goons killed him.<\/p>\n

Antony also threatened to kill another Senator named Nonius. But unlike Cicero, Nonius managed to escape Rome\u2026 bring with him about $1.5 million worth of gold and jewels.<\/p>\n

People in the ancient world knew that precious metals (and precious stones) were pretty much the only portable forms of wealth.<\/p>\n

Human civilization at the time was completely agrarian, so most productive assets like land and crops were impossible to move. Gold was almost the singular option to move large sums of wealth, and it remained this way for centuries.<\/p>\n

These days there are much better options. Many forms of wealth\u2013 financial securities, intellectual property, bank deposits, and cryptocurrency\u2013 are completely portable. So gold is no longer necessary as a way to move money abroad.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

A surprising benefit to owning gold\u2013 especially now By the year 41 BC, just a few years after the assassination of Julius Caesar, Rome was under the strict rule of a three-person dictatorship known as the Tresviri rei publicae constituendae. Historians today refer to this committee as the Triumvirate, and it included a general named […]<\/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":[2,6],"tags":[374,6228,647,7312,868],"class_list":["post-62738","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-gold","tag-international-man","tag-precious-metals","tag-simon-black","tag-wealth"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62738","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=62738"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62738\/revisions"}],"predecessor-version":[{"id":62739,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62738\/revisions\/62739"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}