Read by Eric Conger
Peter L. Bernstein tells the story of history's most coveted, celebrated,
and inglorious asset: gold. From the ancient fascinations of Moses and Midas
through the modern convulsions caused by the gold standard and its aftermath,
gold has led many of its most eager and proud possessors to a bad end. Gold
had them, rather than the other way around. And while the same cycle of
obsession and desperation may reverberate in today's fast-moving electronically-
driven stock markets, the role of gold in shaping human history is the striking
feature of this tumultuous tale.
This fascinating account begins with the magical, religious, and artistic
qualities of gold and progresses to the invention of coinage, the transformation
of gold into money, and the gold standard. The more important gold becomes as
money, the more loudly it speaks of power. Ultimately, Bernstein confronts the
future of gold in a world where it appears to have been relegated to the periphery
of global finance.
Far more than a tale of romantic myths, daring explorations, and the history of
money and power struggles, The Power of Gold suggests that the true significance
of this infamous element may lie in the timeless passions it continues to evoke,
and what this reveals about ourselves.
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