Thursday, February 17, 2022

witwatersand

An irresistible tale that begins in 1852 with Mr. John Henry Davis, a Welsh mineralogist, who discovered gold in Krugersdorp, South Africa, was relieved of the gold for $22,000 in today's dollars and escorted to the border with the thinking that the information of the find needed to be suppressed to preserve the nation with the act of escort ensuring that it would not be leading to the Boer Wars.

Witwatersrand stood on the foundation of Nubia with the 79th element in the periodic table that was converted at a fixed rate to paper money to avoid folly until folly was the choice during the Nixon Administration.

Refreshing that when confidence wanes in risk priced to central bank printing presses and other forms of specie the appeal of the 79th element remains.

mc 1.33
mc 24.2

mc 4.33

mc 1.87


mc 2.5

mc 1.41

mc 51.21

mc 1.33

mc 11.2



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