Question

How were goods purchased from the East without an abundance of gold and silver?

Answer 1

Simply because goods were traded for goods, which lead to more of a distribution of gold and silver and less abundance.

Answer 2

goods were traded for goods

Step-by-step explanation:

It was a sort of deal, where merchandise were exchanged for other products with consideration to the estimated value of the merchandise. So dealers showed their items and individuals intrigued that item moved toward him with their own merchandise and set up the estimation of their items and afterward the equal for the trade.

In a voluntary trade, both sides win since they both give up something for something else that is considered to be more worth than what was given.

This is the supreme law of the free market and works even for money trades.