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The Gold Was Real, But The Liquidity Was Not

The Gold Was Real, But The Liquidity Was Not

By the evening of 12 September 1857, the passengers and crew of the SS Central America had been fighting the Atlantic for days. The steamer, travelling towards New York with passengers and a substantial shipment of California gold, had been caught in a hurricane off the American coast. The ship was taking on water. Its […]
When the Banks Closed, Ireland Invented Its Own Money

When the Banks Closed, Ireland Invented Its Own Money

What We TrustSix true stories about money, ownership and survivalA six-part GoldCore Friday Read series using true episodes from financial and social history to explore what money is, what ownership means, why intelligent people speculate, where wealth becomes safe and what we are ultimately trying to preserve. On Friday, 1 May 1970, the doors of […]
China Is Closing Retail Gold Trading. Here’s What It Really Means

China Is Closing Retail Gold Trading. Here’s What It Really Means

At the time of writing, gold is trading near $4,067 an ounce, down around 1.5% today, while silver is close to $58.06, down approximately 2.75%. Today’s market reaction is once again being driven by what the conflict could mean for inflation and interest rates. Oil has climbed towards $100 a barrel following attacks on two […]
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