gold

At 10 parts per quadrillion the oceans would hold 15000 tonnes of gold

The world’s oceans contain gold. Measured concentrations of gold in the Atlantic and Northeast Pacific are 50–150 fmol/L or 10–30 parts per 1,000,000,000,000,000 quadrillion (about 10–30 g/km3). In general, gold concentrations for south Atlantic and central Pacific samples are the same (~50 fmol/L) but less certain. Mediterranean deep waters contain slightly higher concentrations of gold […]

Gold Standard

Gold was the world’s first global currency

Gold Standard (19th – 20th centuries) Prior to and during most of the 19th century, international trade was denominated in terms of currencies that represented weights of gold. Most national currencies at the time were in essence merely different ways of measuring gold weights (much as the yard and the meter both measure length and […]