Hidden gold earring reveals forgotten episode of Carthage-Rome war
“The jewelry piece was discovered inside a ruined building in the middle of the Pyrenees. The building is believed to have been part of a devastating fire that burned the settlement to the ground.
The destruction was dated around the end of the third century BCE, the moment where the Pyrenees were involved in the Second Punic War and the passage of Hannibal’s troops,”
I'm not late for #SaturdayNightCoinShow, it turns out time is an illusion (Lunchtime doubly so). Since I've started whimsical, I'll go with the fun piece I just wrote up - an Imitation Spade Guinea "In memory of the good old days". You should definitely read:https://coinofnote.com/imitation-spade-guinea-good-old-days-uk/ - it talks of #gold#coins I can't afford, imitations of which there are many, garden implements & late 1800s #theatre! Enjoy :)
Today in Labor History May 19, 1850: Four thousand Mexican and Peruvian workers gathered in Sonora, California, to protest the "Foreign Miners' Tax," enacted to drive them from gold fields. 500 armed vigilantes (mostly tax collectors and Anglo miners), chased them off by firing into the crowd. The tax was imposed during the height of the 1849 Gold Rush, and in the wake of the Mexican-American War (1848), in which the U.S. seized California from Mexico. The Treaty of Guadalupe Hidalgo (Feb 1848) gave U.S. citizenship to Mexican nationals who living in California at the time the treaty was signed. However, the U.S. denied citizenship to Indigenous Peoples until the 1930s, even if they had also been Mexican nationals prior to the war. Meanwhile, English, Irish, and German immigrants protested the new tax and got it amended to exempt any miner who was a “free white person.” The effects of the tax, and the racist violence that accompanied it, was to drive large numbers of Latin American and Chinese miners from the gold fields. This exodus, in turn, caused a sharp drop in rents and commerce for the landlords and store owners who catered to the miners. They lobbied for repealing the tax, and were successful in 1851.
#Gold is often seen as a refuge from #economic turmoil, so what do we make of two groups buying sprees that are supporting the current $2,000 gold price?
Central banks' demand for gold is currently high & this is compounded by a major shift by #investors & private individuals in #China which has seen demand for Gold greatly exp[and in the last year.
It may be just one more sign that the mid-2020s are going to be a rough time for many of us....