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Tea became a recognized form of money in domestic and foreign trade. It was said that 20 tea bricks would purchase a horse, and 12 bricks would buy a sheep. The tea also had an advantage over metals and salt. Tea could be used as money and eaten as food in times of hunger. In addition, tea was brewed as a beneficial medicine for treating coughs ...
In 1180 a new type of coinage known as the Short Cross issue was introduced. This new coinage continued through the latter part of Henry II’s reign and into the reigns of his sons Richard and John and finally into his grandson Henry III. The entire issue bears the name ‘hENRICVS’ and as such no English coins with names of Richard or John ...
2022年4月15日 · Posted Apr 15, 2022 by Martin Armstrong |. Spread the love. I recently appeared on the cover of “Smart Investor” after being approached by journalist Ralph Malisch. Click here to read the full interview (German). The English translation is available below:
2013年1月5日 · In 1650 the first English coffee house opened in Oxford called the Angel and was operated by a Lebanese man named Jacob. A sort of 17th century Starbucks qualifying as a “coffee house” meaning a place to hang-out opened in 1652 named Pasqua, at Rosee’s Head in Change Alley, Cornhill.
About Martin Armstrong. Our founder, Martin Armstrong, began trading in the mid-1960s. He noticed that it did not matter what the investment was; everything would rally in the heat of a buying panic and then crash in the blink of an eye. His history teacher in high school brought in a black & white movie, The Toast of New York, staring with ...
These records show that the monetary system as early as the 1700 BC period was based upon weighed amounts of silver in that region of the world suggesting that a metallic monetary system is perhaps at least 4,500 years old. Indeed, Hammurabi’s Law (1792-1750 BC) sought to regulate prices prescribing the value of fines by the courts in terms ...
The shortage of silver was also notable and for a brief period prior to 1804, silver Spanish “dollars” and “half-dollars” were counterstamped by the English with either an oval or an octagonal punch incorporating the head of George III. In 1804, the Spanish silver was melted down and reminted as a special issue of the Bank of England.
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