Tuesday, June 1, 2010

Is the U.S. Dollar Still Backed by Gold

These days, many of us take our dollars just as pieces of paper used for exchange to buy or sell goods for a specific price. But, did you know that the U.S. dollar used to be backed by gold? This meant that your dollar was redeemable for a certain amount of gold, depending on how much it was worth at that particular time.
Unfortunately, no one can demand gold or silver in exchange for their paper money, or notes as they are called, from the American Government anymore. Our currency, like many other nations, is known as flat currency. Basically, this means the dollar you hold is how much it is worth, no more, and no less.
n 1963, an act was passed to remove the words, "Will pay to the bearer on demand," from all money made from then on out. This prevented the American people from turning in their money for the gold or silver it was worth. Nowadays, even if you happen to come across a note from before the year 1963, you cannot redeem it for gold.
The Government will only exchange the old money for new money in the same amount. But, to some collectors, paper money from before the year 1963 is worth more, and some will even pay a decent sum for older currency, depending on the collector.

Monday, May 31, 2010

The Completed Necklace

The supplies for each of these pieces of jewelry cost less than five dollars, which is about fifteen-twenty dollars less than you would pay in the store. Beading is fun for children and it allows them the creativity to make their own jewelry. I enjoy going to the sale aisle at crafting stores and you can find some very good deals on beads. Good luck and I hope you enjoy making your own beaded necklaces, bracelets, or whatever type of jewelry you choose.

Wednesday, May 19, 2010

Aalia Khan in Costly bridal dresses

Indian Gold Jewelry

Tuesday, May 18, 2010

Wedding Rings, Celtic Wedding Rings

Monday, May 17, 2010

Mens Diamond Jewelry, Fancy Yellow and Black Diamond Ring

This fabulous 2.80-carat diamond ring weighs 12 grams and showcases dazzling fancy black and yellow princess cut and round diamonds set in highly polished 14K white gold.

Mens Diamond Jewelry, Prom Jewelry

This 14K Gold Diamond 'Money Stacks Bag' Pendant weighs approximately 35 grams and showcases 11.16 ctw of sparkling round diamonds, each pave set in a highly polished gold frame. Featuring a fine gallery back, this luxurious diamond money bag pendant is available in 14K white, yellow and rose gold. Show off your lavish life style with this impressive Money Stacks Bag Pendant.

Wednesday, May 12, 2010

Jewelry Making, Hobby to money, part 2

Jewelry Making


1. Scrapbooking. This craft is so popular today. It’s like making your personal diary using photos, souvenirs, letters, and decorative materials that are put together to make one ensemble in the form of a book or an album.

2. Candle Making. Making candles out of candle wax can also be an enjoyable craft. Today candles come in all shapes, sizes, colors and designs. Scents and aromatic oils can also be used to make them extra special.

3. Jewelry Making. Jewelry making and beading is also enjoying huge popularity. All you need in this craft are pair of pliers to cut and bend your wires and your chosen materials. Swarovski crystals, beads, ceramic, silver, and metal are commonly used in place of the more expensive gold.

 

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