‘Deep in the earth a shining substance:’ sequestration and display in gold mining and central banks

Elizabeth Ferry

Journal of Cultural Economy, 2021, vol. 14, issue 4, 416-434

Abstract: In this essay, I consider the ways in which gold acts and is perceived as a reserve in the El Cubo mine in Guanajuato, Mexico, and in some European central banks. Following Gustav Peebles’ essay ‘Rehabilitating the Hoard’ (2014), I consider the ways in which gold’s movement from mine to vault helps to express a dialectic of sequestration and display that enables its operation as hoard, providing for struggles over sovereignty, stewardship, and the global transfer of value from South to North.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jculte:v:14:y:2021:i:4:p:416-434

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DOI: 10.1080/17530350.2020.1818603

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Journal of Cultural Economy is currently edited by Michael Pryke, Joe Deville, Tony Bennett, Liz McFall and Melinda Cooper

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