>Emperor Augustus
silverdagger
Basel [III]
With regard to silver, of course its not mentioned or covered in these regulations. However, investors are fully aware that whilst gold is a primary monetary metal, silver is a secondary one and of course ultimately, we can see it benefiting in positive price movements whilst Basel III is fully implemented.
So our conclusion – yes positive directly for gold certainly longer term and for silver because of its association. As bankers we have been aware of these provisions since 2009/2010 which is one of the many reasons why we have stated time and time again that longer term we are positive gold and to a lesser extent silver but positive, nevertheless
https://www.illuminatisilver.com/articles/basel-iii-implications-for-gold-and-silver/
Rome-Augustus:
Coinage reform of Augustus
The coinage reform of Augustus refers to the reform of Roman currency undertaken by Augustus in23 BC.[23PAIN, BC = 23 too]
The Reform
Augustus brought the minting of gold and silver coins, the aureus and denarius, under his personal control without changing their weight or fineness. The gold aureus, weighing about one-quarter ounce, was worth twenty-five silver denarii, weighing about one-eighth of a troy ounce.[1]
Augustus more comprehensively reformed denominations below the denarius. New ratios were fixed among the currencies: the sestertius was now minted from about an ounce of orichalcum, an alloy of copper and zinc, rather than silver, and fixed at a quarter of a denarius. The dupondius, formerly a two-pound bronze coin, was now orichalcum, valued at half a sestertius and weighing half as much. The half-ounce as, worth half a dupondius, the semis, worth half an as, and the quadrans, worth half a semis, were the first pure copper coins minted in Rome since 84 BC
https://en.wikipedia.org/wiki/Coinage_reform_of_Augustus