The Power of Gold
The History of an Obsession
Over the centuries, gold had stirred the passions for power and glory, for beauty and security, and even for immortality. No other object has commanded so much veneration over such a long period of time. The most striking feature of this long history is that gold led most of the protagonists in the drama into the ditch. Gold had them, rather than the other way around.
Power and passion begin with the magical, religious, and artistic qualities of gold. As the story progresses from primitive uses to the invention of coinage and the transformation of gold into money and the gold standard, gold speaks more loudly of power as it acquires increasing importance as money. Ultimately, the book confronts the future of gold, in a world…
$17.95
October 3, 2000Peter L. Bernstein is the author of seven books in economics and finance, including Against the Gods. He is also President of Peter L. Bernstein, Inc., an economic consultancy to institutional investors.
