Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Since Ancient times, gold has served a very unique function in society.
Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s why it’s been used by people for centuries as a monetary metal, a symbol of wealth, and a store of value.
With all that value coming from such a small package, sometimes it is hard to put gold’s immense worth into context.
The following 11 images help to capture this about gold, putting things into better perspective.
Liked our visualizations of gold cubes? Check out this motion graphic video that shows how much money has been created by humans.
The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.
