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Pallion designs, manufactures, and distributes precious metal products and related services. It is the largest precious metal services group in Australasia. [1] [2] Pallion is the result of the merger in 2014 [3] [4] of the ABC Bullion and Palloys Group of companies founded in 1972 and 1951 respectively.
Bullionism is an economic theory that defines wealth by the amount of precious metals owned. [1] Bullionism is an early and perhaps more primitive form of mercantilism. [citation needed] It was derived, during the 16th century, from the observation that the Kingdom of England, because of its large trade surplus, possessed large amounts of gold and silver—bullion—despite the fact that there ...
Central banks typically hold the standard 400-troy-ounce (438.9-ounce; 27.4-pound; 12.4-kilogram) Good Delivery gold bar in their gold reserves and it is widely traded among bullion dealers. Additionally, the kilobar, weighing 1,000 grams (32.15 troy ounces), and the 100-troy-ounce (109.7-ounce; 6.9-pound; 3.1-kilogram) gold bar are popular for ...
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Because the term "eagle" also is the official United States designation for the pre-1933 ten dollar gold coin, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., "1/2-ounce American Gold Eagle") to avoid confusion with the pre-1933 coins. This is particularly true with the 1/4-oz American Gold Eagle ...
The Bullion Committee was a British government committee set up in 1819 in order to research the possibility of putting Britain back onto the gold standard and how to carry it out. Sir Robert Peel was the chairman of the committee. He managed to put sterling on the gold standard two years earlier than planned.
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