The need for realism in reform of its monetary system is what makes Bernstein’s story of the Power of Gold so timely. It is a compelling reminder that maintaining a fixed price for gold and fixed exchange rates were difficult even in a simpler financial environment....Peter Bernstein was reluctant to project the story of gold into the future. But to me his message was clear. Yes, gold will be with us, valued not only for its intrinsic qualities but as a last refuge and store of value in turbulent times. But its days as money, as a means of payment and a fixed unit of account are gone." —From the New Foreword by Paul Volcker This bestselling book reveals a record of human nature in the ubiquity of gold with a new foreword by Paul Volcker In this exciting book, the late 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. And while the same cycle of obsession and desperation may reverberate in today's fast-moving, electronically-driven markets, the role of gold in shaping human history is the striking feature of this tumultuous tale. Such is the power of gold. Whether it is Egyptian pharaohs with depraved tastes, the luxury-mad survivors of the Black Death, the Chinese inventor of paper money, the pirates on the Spanish Main, or the hardnosed believers in the international gold standard, gold has been the supreme possession. It has been an icon for greed and an emblem of rectitude, as well as a vehicle for vanity and a badge of power that has shaped the destiny of humanity through the ages. Discusses the beginnings of gold as something with magical, religious, and artistic qualities and follows its trail as we progress to the invention of coinage, the transformation of gold into money, and the gold standard Other bestselling books by the late Peter Bernstein: Against the Gods, Capital Ideas, and Capital Ideas Evolving Contemplates gold from the diverse perspectives of monarchs and moneyers, potentates and politicians, men of legendary wealth and others of more plebeian beginnings 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.
The price of gold keeps on rising as the global economy suffers turmoil and low growth. Is now a good time to protect or even grow your wealth with gold investment? How to Invest in Gold is an authoritative guide for anyone thinking of buying gold and who wants to do so securely. Covering gold bullion, gold bars, gold coins and alternative ways to invest such as ETFs, financial author Peter Temple reveals the best options for those who want to safeguard their wealth with the value of gold. As well as listing the best places to sell and buy gold in the UK and around the world, he explains how to ensure value and legitimacy and explores likely returns. Before you buy a gold bar to put under the mattress, this timely and unique eBook is a must. It's the best way to be certain of retaining your wealth no matter what happens in the future.
This historical mystery contains two stories which gradually merge into one. One occurs during 2011, while the other takes place in 1863 during the height of the Civil War. In 2011, after moving to South Carolina, Paul Waring, a retired Connecticut state trooper, and his wife start their new life. Soon after moving, Paul makes a startling discovery. He discovers the remains of a long-forgotten Confederate soldier, along with several Civil War artifacts. Those artifacts include two glass bottles containing several clues he must decipher. Paul determines that one clue concerns the whereabouts of the lost Confederate treasury; a treasury largely comprised of gold and silver coins. He later discovers much of this gold was stolen from the United States government at the outbreak of the Civil War.
This book deals with the evolution of monetary systems. Firstly, it argues that money forms a constitutional element in any private-ownership economy, estab lishing a nominal-standard order for the market behaviour of individual agents. The market economy is basically a payment society where money structures and values economic activities, and performs itself as a market asset. The use of re sources and the production of commodities are governed by calculations in mone tary values which subordinate production and employment to the logic of asset markets. The "veil" of money cannot be withdrawn, as a matter of fact and in theoretical analysis, without changing the economic order of society. Money originates from a credit relation between market agents, thus spot payments re place intertemporal exchange. Problems of low trust and information in mutual economic relations are projected onto the money medium in a monetary economy, thereby enhancing its efficiency and dynamics. The rate of interest is not related to time; it is the price for maintaining the agents' solvency in the current period, and it determines a positive rate of return on capital and production. Secondly, the book shows that network externalities in the use of money led to monopoly solutions in the national and hegemonic leader-follower relations in the international economy.
Presenting far-reaching new therapeutic research, Peter Gruenewald examines the underlying spiritual aspects of constitutional treatment using medicines derived from the mineral kingdom. This constitutional approach is used in the treatment of chronic physical, neurological, developmental, emotional, behavioral, and mental conditions and illnesses, It centers on a system of nine minerals. Gruenewald traces these nine substances on their paths through the human organism and demonstrates their indications, effects, and interactions. He also develops a spiritual and alchemistic understanding of the actions of these substances, based on anthroposophic medical research. Gold, the sun metal, and carbon, the substance of organic life on Earth, occupy a central position in this study of the mineral system. The Philosopher's Stone is achieved through the "transformation of carbon" and the "creation of gold." The author shows how the important medicine Aurum (made from gold) relates to this process. He suggests that mineral therapy focused on the principle of transformation conceals future spiritual mysteries that relate to evolutionary laws inherent in the physical and higher bodies.
Few events have shaped the history, economy, and even geography of the state of Colorado quite like the Gold Rush. This book examines the events that led up to the discovery of gold, how the Gold Rush changed the cities and towns of Colorado, and the long-term effects on the state’s environment and natural resources. The informative text, supported by full color images and primary source documents, provides not only a chronology of events, but also historical perspective on how the past inevitably impacts the present.
This book focuses on recent advances in dental gold alloys and gold nanoparticles (GNPs) for biomedical applications. Dental gold alloys combine several highly desirable mechanical properties, such as high strength, ductility, and elasticity, with an extremely robust chemical stability in the mouth. Moreover, astonishing progress has been made in the use of GNPs as novel gold biomaterials that provide a multifunctional platform for cellular imaging, biosensing, and targeted drug delivery in tumour immunotherapy and photothermal therapy. Beginning with a comprehensive overview of the development and use of dental gold alloys, the book addresses the materials properties that are crucial for dental applications, focusing on aspects such as microstructure, chemical and mechanical stability, ageing, biocompatibility, and colour retention. The book then shifts focus to the use of GNPs in dental applications, delving into different techniques of GNP synthesis for specifically tailoring the size, shape, and stability of GNPs in biological media. In addition to these factors, it addresses how their exposure route, surface chemistry, as well as how the steric effects of their coating impact biodistribution and determine the level of GNP toxicity in the human body. Featuring topical literature reviews alongside up-to-date published experimental results, this book offers an attractive resource for practicing scientists and engineers working in the field of gold-based biomaterials.
... Demetz begins with the intriguing myths about Prague's origins--told and retold by generations of artists--contrasting them with confirmed archaeological truths about the site's pre-Roman settlements. He weaves together the colorful strands of Prague's literary traditions (Latin, Czech, German, and Jewish) with the story of its scintillating political and cultural advances, and focuses on key moments in its multicultural life: under King Charles, when it was the capital of the Holy Roman Empire; in the turbulent years of the Hussite rebellion; under Emperor Rudolf II, during the Renaissance, when it was home to Europe's best rationalists and most famous occultists; in the time of Mozart; and in the ages of revolutionary nationalism and of T.G. Masaryk, heroic first president of Czechoslovakia. Throughout, Demetz shows how Czechs, Germans, Italians, and Jews hve lived and worked together in Prague for a thousand years ..."--Jacket.
One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity—which have forewords by financial luminaries and new introductions by the author—you can enjoy some of the best of Bernstein in his earlier Wall Street days. With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system—its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces. Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy. This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.
Spanish conquistadors attempted to conquer the New World nearly a century before the English colonists established a permanent settlement at Jamestown. This book examines the unsuccessful elements of Spain's attempt at expanding its empire in the Americas, focusing particularly on the misadventures of three conquistadors. Part One tells the story of Cabeza de Vaca who, along with three other survivors of the ill-fated Panfilo de Narvaez expedition to Florida, spent nearly eight years among the various tribes that wandered across Texas, New Mexico, and northern Mexico before finding his way back to civilization. Their tales of lands rich with earthly delights served as inspiration for two epic but failed expeditions that make up the second and third parts of the book: Francisco de Coronado's quest to find the golden cities of Cibola and Hernando de Soto's efforts to find the rich kingdoms of Florida.
This Handbook aims to be the most comprehensive and up to date reference book available to those who are involved or could be involved in the world of finance. The financial world has a capacity for ingenious innovation and this extends to the often bewildering array and use of terms. Here you can find out what a Circus, a Firewall, an Amazon Bond, a Clean Float, a Cocktail Swap, a Butterfly, a Streaker, a Straddle and a Strangle are. As well as defining terms, the book also shows how they are used differently in different markets and countries. It also has numerous examples showing clearly the use of particular calculations and instruments; and provides details of major markets, acronyms and currencies. Reflecting the development of global financial markets this Handbook will have broad appeal around the world. It will be a reliable guide for practitioners, and those in the related professions of accounting, law and management. At the same time it will be an invaluable companion for advanced students of finance, accounting and business.
Metals in the earth's crust are very unevenly distributed and, traditionally, a small number of ore deposits, districts or countries have dominated the world supply and have influenced commodity prices. The importance of exceptionally large, or rich, deposits has greatly increased in the age of globalization when a small number of international corporations dominate the metals market, based on few very large ore deposits, practically anywhere in the world. Search for giant orebodies thus drives the exploration industry: not only the in-house teams of large internationals, but also hundreds of junior companies hoping to sell their significant discoveries to the "big boys". Geological characteristics of giant metallic deposits and their setting and the politico-economic constraints of access to and exploitation in prospective areas have been a "hot topic" in the past fifteen years, but the knowledge generated and published has been one-sided, scattered and fragmented. This is the first comprehensive book on the subject that provides body of solid facts rather than rapidly changing theories, written by author of the Empirical Metallogeny book series and founder of the Data Metallogenica visual knowledge system on mineral deposits of the world, who has had an almost 40 years long international academic and industrial experience. The book will provide abundant material for comparative research in metallogeny, practical information for the explorationists as to where to look for the "elephants", and some inspiration for commodity investors.
The European Economy between the Wars, (OUP, 1997) has become the definitive economic history of Europe in the inter-war period. Placing the Great Depression of 1929-33 and the associated financial crisis at the center of the narrative, the authors comprehensively examined the lead-up to and consequences of the depression and recovery. The authors now expand their scope to include the entire world economy, and have created a new edition: The World Economy between the Wars. New material focuses on the structure of the world economy in the 1920s, including a special focus on the United States, Japan, and Latin America.
This is the first systematic attempt to survey in detail the archaeological evidence for the crafts and craftsmanship of the Sumerians, Babylonians, and Assyrians in ancient Mesopotamia, covering the period ca. 8000-300 B.C.E. As creators of some of the earliest farming and urban communities known to us, these people were among the first pioneers of many crafts and skills that remain fundamental to modern ways of life. Many of the raw materials for crafts had to be imported from outside the river valley of the Tigris and Euphrates, providing an unusually sensitive indicator of the commercial and cultural contacts of Mesopotamia. In this book, Dr. Moorey reviews briefly the textual evidence, and then goes on to examine in detail the material evidence for a wide range of crafts using stones, both common and ornamental, animal products--from hippopotamus ivory to ostrich egg-shells--ceramics, glazed materials and glass, metals, and building materials. With a comprehensive bibliography, this will be a key work of reference for archaeologists and those interested in the early history of crafts and technology, as well as for specialist historians of the ancient Near East.
This text is an introduction to international economics for upper-level undergraduates and above. The first half examines the causes and effects of international trade, how tariffs and other trade policies affect the gains from trade, and the ways in which governments try collectively to regulate those policies. The second half deals with monetary matters--the behavior of exchange rates, how trade and capital flows affect the functioning of monetary and fiscal policies, the causes and management of currency c rises, and the new European monetary union. This fourth edition assesses the outcome of the Uruguay Round of trade negotiations, the work of the new World Trade Organization (WTO), and the challenges posed by regional trade blocs. A problem set follows each chapter.
Beautifully crafted, high quality, sewn, 4 color guidebook. Part of a multiple book series of books on travel through America's beautiful and historic backcountry. Directions and maps to 2,970 miles of routes that travel through the beautiful mountain regions of Big Sur, across the arid Mojave Desert, and straight into the heart of the aptly named Death Valley. Trail history comes alive through the accounts of Spanish Missionaries; eager prospectors looking to cash in during California's gold rush; and legends of lost mines. Includes wildlife information and photographs to help readers identify the great variety of native birds, plants, and animal they are likely to see. Contains 153 trails, 640 pages, and 645 photos.
Beautifully crafted, high quality, sewn, 4 color guidebook. Part of a multiple book series of books on travel through America's beautiful and historic backcountry. Directions and maps to 2,671 miles of the state's most remote and scenic back roads ? from the lowlands of the Yuma Desert to the high plains of the Kaibab Plateau. Trail history is colorized through the accounts of Indian warriors like Cochise and Geronimo; trail blazers; and the famous lawman Wyatt Earp. Includes wildlife information and photographs to help readers identify the great variety of native birds, plants, and animal they are likely to see. Contains 157 trails, 576 pages, and 524 photos (both color and historic).
Metallic effect pigments are now becoming increasingly oatings Tech Files important in many different areas of application. Whether for kitchen furniture, clothing or food colourings - the everyday uses of metallic pigments are gaining more and more in importance. The new reference work gives a comprehensive overview of metallic effect pigments - starting with manufacturing processes through properties to areas of application. The individual chapters offer condensed specialist knowledge based on the strength of past experiences collected by the authors. The book illustrates the importance of metallic effect pigments, their wide range of applications and related specifications as well as their development potential.
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