You may have seen the news yesterday that gold has now overtaken US Treasuries as the world’s top reserve asset. According to the European Central Bank, gold now accounts for 27% of global central bank reserves, compared with 22% for US Treasuries. Central banks have been net buyers of physical gold for many years now, […]
This week, The New Scientist reported that scientists may finally know why gold stays so shiny, which is the sort of discovery that feels almost comically late given how long human beings have been obsessing over the stuff. After several thousand years of digging it out of the ground, melting it down, hoarding it, fighting […]
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