The 1971 Nixon Shock and the End of the Gold Standard
Three days at Camp David that ended a 2,500-year link between currency and metal.
Three days at Camp David that ended a 2,500-year link between currency and metal.
How 730 delegates in a New Hampshire hotel designed the monetary system of the second half of the 20th century.
In April 1933, Roosevelt outlawed private gold ownership. The repercussions echo through monetary debates today.
The reef that built Johannesburg, financed an empire, and reshaped southern Africa.
How a discovery at Sutter's Mill triggered the fastest demographic and monetary expansion in US history.
How a few hundred conquistadors triggered the largest precious-metals shock in early modern history.
How successive emperors quietly stole from their own coinage and what it cost the empire.
How a small kingdom in western Anatolia struck the first coins and changed economic history.
Gold lost 12% in eight days, then rallied 40% to a new record. The 2020 round-trip is a master class in how gold behaves through liquidity events and policy responses.
Gold's performance during the global financial crisis was more nuanced than the narrative suggests. A month-by-month account reveals what gold actually did when the system broke.