Civil War Hoarding Created a Need for the Nickel Three Cent Piece

The Civil War impacted nearly every aspect of Americans’ lives. Amid the military battles, food shortages, and economic chaos, people hoarded any precious metals they could get their hands on. That included the three-cent silver piece, the smallest silver coin produced at that time by the U.S. Mint. This created a currency shortage for daily...

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Cargo Ship Traffic from China to U.S. Drops 40%: What It Means For Gold

When you shop at Target, Walmart, or Costco, you probably don’t think much about the journey the items you buy have taken. It turns out that things made in China can travel up to 10,000 nautical miles to arrive on U.S. soil. Cargo ships carry everything from laptops, smartphones, furniture, lamps, clothing, toys, sports equipment,...

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