Global silver trade from the 16th to 18th centuries 1500 to 1800, Mexico and Peru produced about 80% of the world's silver with 30% of it eventually ending up in China (largely because of British merchants who used it to purchase exotic Chinese commodities). In the late 16th and early 17th century, Japan was also exporting heavily into China and the foreign trade at large. As has been demonstrated, China dominated silver imports. The market value of silver in the Ming territory was double its value elsewhere, which provided great arbitrage profit for the Europeans and Japanese. The abundance of silver in China made it easy for the country
Aztec Hill Aztec Hill Aztec Hill (foaled in February 1990 in Kentucky) is an American Thoroughbred racehorse. The daughter of Proud Truth is probably best remembered for posting a half length score as the favorite over Traverse City in the mile and an eighth Grade II $200,000 Black-Eyed Susan Stakes at Pimlico Race Course on May 14, 1993. That win was the first half of only the second Black-Eyed Susan/Preakness Stakes Double won in history by the same trainer and owner combo. In mid-January 1993, Aztec Hill won The Busanda Stakes at Aqueduct Racetrack run among three-year-old fillies at a mile and