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700 tons of gold worth

$785 million in 1945 dollars

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13y ago

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Where does most of the world gold and diamonds come from?

Most of the world's gold comes from mines in China, Australia, Russia, and the United States. On the other hand, the majority of the world's diamonds are sourced from countries such as Russia, Botswana, Canada, and Australia.


What countries are gold found in?

100s of countries


In the 14th century which of the following West African countries was the source of almost half of the world gold?

Mali


Why did money in Europe become worthless after World War 1?

It was more the economy of Germany that became worthless. After loosing the war, Germany was forced to pay reparations, under the Treaty of Versailles. The total money owed was 269,000,000,000 in gold marks (German currency). That much in gold coins equaled about 233,405,018 lbs of pure gold. In trying to cover it's debts, Germany began printing money, which lead to severe hyperinflation of national prices. This hyperinflation caused instability in the economy and the German mark to be useless. Germany had also been accepting loan offers from various countries to help pay the reparations. In 1929, when the Stock Market Collapsed, many of these loans were called in, and Germany had to pay out substantial amounts of money.


Who were the Exports of Gold and Silver from the New World to Spain?

If this question means "Who exported gold and silver from the New World to Spain"? Then the answer is the Spanish conquistadors and Spanish explorers. Vast amounts of these precious metals were also precious to the advanced Native American peoples in Mexico and further south. The Aztecs, Mayans and Incas all valued gold & silver. What Spain did not steal from these civilizations were later mined, as the New World under Spain's dominion had vast mines of gold and silver.