Gold, Silver, Wealth and War - The Context

What this episode covers

Prices of gold and silver skyrocketed in the first half of the year amid uncertainties of the global economic prospect. China has a long history of using gold. But China has never been on gold standard. Instead, silver dominated the country as a national currency for hundreds of years partly due to silver influx from European colonies in the Americas. Silver also brought wars between China and the world powers.

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Frequently Asked Questions

How long is this episode of The Context?

This episode is 14 minutes long.

When was this The Context episode published?

This episode was published on September 16, 2020.

What is this episode about?

Prices of gold and silver skyrocketed in the first half of the year amid uncertainties of the global economic prospect. China has a long history of using gold. But China has never been on gold standard. Instead, silver dominated the country as a...

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