Gold: The Race for the World's Most Seductive Metal

Object of lustful desire, symbol of the divine, and representation of great temporal wealth, gold has clouded mankind's judgment for millennia. Here, with remarkable clarity, Hart (Diamond) reveals our historical and economic relationship with this beguiling metal. Drawing from solid research, Hart informs us that in recent years of economic uncertainty, demand for gold has surged, increasing both its price and its production. In fact, the total current global supply continues to grow at an incredible rate while being traded with unprecedented speed and ease. With discussions including the modern mines of South Africa, Pizarro's conquest of the Inca, the London Gold Fixing, as well as hedge funds and gold bullion ETFs, the work not only explores the world history of a commodity, but also provides keen insight into the mechanics of the modern gold markets and its driving players. Combining the engaging style of a travel narrative with sharp-eyed journalistic expos%C3%A9, Hart's lucid book should find an audience ranging from goldbugs and investors to market-watchers and everyday consumers curious to learn how gold has influenced world history and the present economy. (Dec.)