Thursday, August 02, 2007

Why Croesus was a wealthy king?

I take the liberty of writing a bit of ancient history that will surely interest you.
Croesus was the king of Lydia in 560 BC. He is credited to have minted the first gold coin and whenever we invest in gold coin, we all owe him the gratitude he deserves.

Croesus was renowned for his wealth— Pausanias noted his gifts preserved at Delphi— and in Greek and Persian cultures his name became a synonym for a wealthy man; in English, expressions such as "rich as Croesus" or "richer than Croesus" are used to indicate great wealth.

Though I would like to possess one the gold coins that King Croesus issued, I will compromise one for the more beautiful modern American Eagles gold coins.

And, I depend on Monex Deposit Company (MDC) to buy my gold coins because of their 30 years of reputation as a precious metals dealer. If, God willing, my next purchase from Monex will be a gold bar.
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