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Money and currency has been around for more than 3000 years. Sometime around 1.100 B.C. the Chinese moved from using actual tools and weapons as a medium of exchange to using miniature bronze replicas as a way of payment. Around 600 B.C. Lydia’s King Alyattes minted the first coins. They were made from electrum, a mixture of silver and gold that occurs naturally, and stamped with pictures acting as denominations. At the streets of Sardis in those days, a clay jar might cost you two owls and a snake. This currency helped the country to greatly expand its internal and external trade, making it one of the richest empires in Asia.

From those days forward it was understood that the coin itself, or what it represented, had an actual convertible value. For instance, as late as in post 2nd world war times, the mighty dollar was guaranteed by gold, which meant that every dollar bill printed was covered by gold hidden in the deep valves of the US Federal Reserve.

In 1971, it all changed, which is why we can offer the financial products offered on through this webpage.

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