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Italian Coins: The 20 Lira Gold Standard That Tied Rome to the Latin Monetary Union

For centuries, Italian money reflected division: dozens of city-states, dozens of currencies, no shared identity. Then modern Italy struck the coins that finally ended the fragmentation. In the late 19th century, the newly unified Kingdom of Italy signaled its arrival on the European stage with the 20 lira gold coin. More than currency, it was...

The post Italian Coins: The 20 Lira Gold Standard That Tied Rome to the Latin Monetary Union appeared first on Blanchard and Company.

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U.S. Manufacturing Sector Shows New Signs of Life, Gold Trades at $5,000

Activity at factories and mines in the United States cranked up in January. U.S. industrial production rose 0.7% last month, the biggest jump in nearly a year, the Federal Reserve reported. Gold traded around $5,000, and silver traded around $78 as precious metals continue to tread water in a quiet, sideways, orderly market trading. Digging...

The post U.S. Manufacturing Sector Shows New Signs of Life, Gold Trades at $5,000 appeared first on Blanchard and Company.

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