'Deep in the earth a shining substance:' sequestration and display in gold mining and central banks. Issue 4 (4th July 2021)

• Record Type: Journal Article
• Authors: Ferry, Elizabeth
• Is Part Of: Journal of cultural economy. Volume 14:Issue 4(2021)
• Page Start: 416
• Page End: 434
• Publication Date: 2021-07-04
• Subjects: Gold -- mining -- finance -- value -- bodies; Economics -- Sociological aspects -- Periodicals; Ethnology -- Periodicals; 306.3
• DOI: 10.1080/17530350.2020.1818603
• Languages: English
• ISSNs: 1753-0350

Abstract

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.