Gold is in the news this week, so it's got me reflecting on this amazing metal.
Did you hear, some German diggers think they've found the Nazi Gold "Amber Room"? Yes, it's supposed to have 2 tons of gold, hidden away at the end of WWII.
Also, it was this time of year, 160 years ago, that the California Gold Rush began.
We bought the earrings in the top photo, designed by Ed Levin, at Mackerel Sky In East Lansing, a great shop for goods made by local and not-so-local craftspeople. They're my favorite earrings, I wear them all the time.
The page they're resting on is from the 1926 edition of the World Book encyclopedia, for which my grandma Olive was an illustrator. It should read "BENNETT, OLIVE N." not "M." Her middle name was her maiden name, Nelson. I kept my maiden name as my middle name too. I didn't want to give up the name I'd spent 21 years with.
Click on the images to see the details better.
The illustrators didn't sign their work, so we don't know which illustrations Olive drew. I've seen a lot of her work, and this is typical, so it could be hers.
I chose the page at the top because of the information about gold. Notice it says all of the world's money in 1926 was based on $8 billion in gold, except for a few paper currencies. It wasn't too long after that year, in 1932, that President Roosevelt disconnected the US dollar from the Gold Standard so he could get the mint to print more currency and ease the Depression. Gold was taken out of circulation as coins, and that's when Fort Knox became a depository for the gold.
If you want to hear interesting information on manipulation of the gold market by central banks to make their paper currencies seem stronger, check this out.
In light of the depreciation of the US Dollar (the Euro against the dollar reached $1.52 yesterday), maybe we should invest in more Ed levin jewelry, hehe.
Let me end with this Ron Sexsmith/Chris Martin video of "Gold in Them Hills." (Thanks, Peter.)