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Gold Heists: the Lure of Gold Still Attracts Criminal Masterminds

September 01, 2023

In April of this year, $20 million worth of gold and other high-value items were stolen from Toronto’s Pearson International Airport. The gold had arrived on an Air Canada flight from Zurich, Switzerland, was offloaded, and transported to a warehouse location near the airport but outside of its security zone. It went missing soon after, […]

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The Gold Standard vs Fiat Currency: History and Plausibility

July 12, 2023

Gold is the quintessential symbol of wealth and status. Throughout history, displaying, adorning oneself with, spending, and stockpiling gold have been the ultimate expressions of power. Gold bathrooms? A matter of taste. Proponents of the gold standard rely on the historic stability of this metal as the rationale for its use as the foundation for […]

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History of Precious Metals Mining

November 22, 2022

The history of precious metals mining is inextricably linked to the social and economic development and exploration of the world. The use of precious metals for currency originates in ancient times and since then, wealth has fueled the power and expansiveness of kingdoms, nation-states, countries, and individuals. The technology used to extract these precious metals […]

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The Gold-Silver Ratio Explained

September 29, 2022

The gold-silver ratio is the relationship between the price of gold and silver, expressed as the number of ounces of silver required to equal the value of one ounce of gold. As of this writing, the ratio is 85.6:1. The ratio tends to be a reliable barometer for global economic, social, and political stability and, […]

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There’s Gold in That?

August 19, 2022

Gold is forged in the death of stars. It was sailing around in the gas and dust that created our sun and the planets of our solar system. Once just a theory, scientists finally observed evidence of its formation in August of 2017 when the Laser Interferometer Gravitational-Wave Observatory (LIGO) detected the remnant cores of […]

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Gold’s Relationship to the US Dollar

July 11, 2022

Gold has always held intrinsic value and, since ancient times, has been revered for its beauty, association with the divine, and as a representation of wealth and status. Gold coins were among the first currency in ancient times. Because gold’s value is universally accepted, its use as currency eventually became standardized. In 1816, Britain officially […]

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