Could Gold Be Behind The Fall Of Rome?

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Author	Replies: 5 / Views: 1,177
CCFPress Press Manager United States 1420 Posts	Posted 06/29/2017 1:58 pm With June marking the 36th anniversary of a Hollywood classic - Indiana Jones, Raiders of the Lost Ark - Kitco News welcomes real-life archeologist Darius Arya on the show to find out how important gold was to the Roman Empire and if the metal had anything to do with its demise. Known as an expert on Rome and also recently awarded with the Periscoper of the year Award, Arya shares his knowledge on the history of gold and silver in the world's original financial hub. Did the Roman Empire deal with a silver supply crunch? Did the depletion of gold and silver mines lead to the demise of the one of the world's greatest empires? Em14zC0YvSc Report this Post to the Staff

nutmeg Valued Member United States 338 Posts	Posted 06/29/2017 3:22 pm It is an interesting concept. Report this Post to the Staff
ArrowsAndRays Pillar of the Community United States 1659 Posts	Posted 06/29/2017 3:46 pm "Periscoper of the year"? Kitco is digging deep for shills. Report this Post to the Staff
paralyse Bedrock of the Community United States 12057 Posts	Posted 07/01/2017 8:24 pm Kitco "news" is like Fox "news" or Enquirer "news", fiction presented as truth. I collect my own gold and silver, but I'm not a fan of these faux-news stories designed to convince people that gold and silver are the two most important metals in the universe. The debasement of Roman coins had little or nothing to with supply of the precious metals, more to do with the Romans embracing unchecked inflation as a means to finance an ever-expanding empire. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
tenacious Valued Member United States 69 Posts	Posted 07/02/2017 01:13 am "Fake news!" Report this Post to the Staff
Gallienus Valued Member United States 167 Posts	Posted 07/03/2017 2:04 pm While I don't know about "periscoper of the year" it sounds like Darius Arya knows a lot less about late Roman history to suggest such things. Also the statement as made is presented completely without evidence one way or another. Also note that late Roman gold was essentially pure: much of the latter gold coinage is marked "CONOB" for Constantinopolis Obryza, 'Pure Gold of Constantinople'. It came to have this mark independently of the place where it was struck. I think the decline in coins of commerce: the bronze and silver coinage was much more telling during this era. Report this Post to the Staff
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