DISCOVERY OF GOLD

It was documented and filed that Gold was first discovered in Coloma (California), where Gen. John A. Sutter was building a saw-mill. The mention name James W. Marshal, from the New Jersel was the contractor and builder of the mill.

RAW GOLD NUGGETS

I am francis
by name from West Africa Nigerian, am from western part of Nigerian. In the State of Osun (State of The Living Spring). A state blessed with minerals resources including gold.
It was discovered by a geologist that;

GOLD DEPOSIT IN OSUN STATE WORTH $5BN

Reference: according to researcher finding by a professor at the University of of ibadan says that Iperindo in ilesha, Osun State has a proven reserve of one million #ounces " in a km2 area up to a shadow 100mdepth, comprising a series of fold bearing (gold quartz-carbonate) vein localised by subsidiary faults hosted within biotite gneiss and mica schist grade ranges between 1-23.6g/tons currently this is worth over $1billion"

GOLD EXPLIORATION@OSUN

Historically, gold has played a major role in the economies of many nations.

Although it is no longer a primary form of currency, gold is still a solid, long-term investment and may be a valuable portfolio addition, particularly in a bear market.

Gold was considered a universal currency for thousands of years. It is recognised worldwide, a gold standard was used as far back decades of years ago. In fact, gold was used as the world reserve currency.

INVESTING IN GOLD...

Thanks to #goldmatters for his support and awareness on #steemit platform to #steemians know, about how to invest on gold.

Investing in gold is always best form of investment as it has the capacity of providing better returns.

Gold is indeed an investment that goes up and down in price depending on the value investors feels it worth, just like any other stock. It is even more so, an investment in form of ETFs and options. Gold is simply another portion of portfolio that can be used to hedge against a devolution of the US dollars due to inflation.

MERIT OF GOLD AS AN INVESTMENT

Gold can be easily be converted into cash anywhere in the world. Aside from actual cash, the liquidity and universality of fold is unparalleled.

Gold rises in values when inflation takes hold. Since fold is priced in U.S.dollars, any deterioration in the dollar will logically leads to a higher price of gold. As a result, during inflationary time, gold offers a much more stable investment than cash.

Gold tends to maintain its value over time. Economists argue that even the price of gold is not indicative of its value. That is, even if the price decreases, the underlying value of gold does change much.

Gold is used as an input in products. Since gold is used in the production of various products including jewelry and electronics, there is reliable demand, these markets can boost the price of gold higher. " Law of elasticity "

My appreciation goes to @goldmatters for inspiring me with the motivation to bring up these content, i really appreciate you...moreso a big kudos #goldmoney for making it real that gold is good to be invested on...great #mene! Great #24katat!! Great #goldmatters. Thanks for your encouragement i can never forget your word good "that is a nice compliment"i need your support in progressing in #mene24karat awareness i am planning to bring up here..

YOU ARE A GREAT MENTOR @Goldmatters

A big thanks to all steemians....