This year, the spot price of gold hit a monumental record for the first time in history: $2,500 per troy ounce of the booming commodity. What makes this number so unique? This means that for the first time, a traditional 400-ounce gold bar is officially worth $1M and more – […]

The world’s largest known gold nugget, “The Hand of Faith,” was discovered on September 26th, 1980, by a local prospector named Kevin Hillier. Finding the Gold Nugget Unearthing the nugget from only 6 inches below the surface in a field located in Wedderburn, Victoria, Australia, Hillier managed to stumble upon […]

Late every summer, a gathering of central bankers, economists, academics, and other financial luminaries takes place in Jackson Hole, Wyoming. They converge in this mountain resort town in the shadow of the Teton mountain range to discuss monetary policy, ruminate on the markets, and even do a bit of fly […]

For centuries, nations and central banks have accumulated reserves of gold to conduct trade, pay for military campaigns, and fund exploration and settlement. Before the advent of fiat — paper — currencies, gold was the primary medium of exchange. Although today’s consumers are more likely to pay for goods and […]

For centuries, nations and central banks have accumulated reserves of gold to conduct trade, pay for military campaigns, and fund exploration and settlement. Before the advent of fiat — paper — currencies, gold was the primary medium of exchange. Although today’s consumers are more likely to pay for goods and […]