The Gold Room (Classic Reprint): And the New York Stock Exchange and Clearing House - Couverture souple

Kinahan Cornwallis

9781330213667: The Gold Room (Classic Reprint): And the New York Stock Exchange and Clearing House

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ISBN 10 : 1330213661 ISBN 13 : 9781330213667

Editeur : Forgotten Books, 2018

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Explore the volatile world of 19th-century finance and the birth of the Gold Room

This book recounts how gold trading moved from a basement in New York to a powerhouse on the Street, shaping markets and money during a time of war and rapid change. It blends vivid scenes with the mechanics of margins, contracts, and the social mix of traders who kept the economy moving.

From crowded basements to the high-stakes halls of the Stock Exchange, you’ll follow traders, bankers, and even Washington insiders as they ride a wave of speculation. The narrative stays grounded in the facts of how gold was bought, sold, and financed, and how the rules and culture of the market formed.

Learn how gold speculation grew during the Civil War and how it affected everyday business.
See the layout and culture of the early Stock Exchange and its traders.
Understand key market mechanisms like margins, deposits, and short contracts.
Discover how information, rumor, and networked news shaped decisions in the Gold Room.

Ideal for readers curious about financial history, market dynamics, and the people who built modern trading.

Les informations fournies dans la section � Synopsis � peuvent faire r�f�rence � une autre �dition de ce titre.

�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1330213661
ISBN 13: 9781330213667
Reliure: Broch�
Nombre de pages: 72
Coordonn�es du fabricant: Copytech (UK) Ltd, Trading as Printondemand-worldwide.com
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The Gold Room: And the New York Stock Exchange and Clearing House

Kinahan Cornwallis

Edit� par Forgotten Books, 2018

ISBN 10 : 1330213661 ISBN 13 : 9781330213667

Neuf Paperback

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book delves into the fascinating history and inner workings of the New York Stock Exchange and the Gold Room during a pivotal era of American finance. The author expertly guides readers through the turbulent years following the suspension of specie payments in 1861, a time marked by rampant speculation, dramatic price fluctuations, and the rise of a new class of financial titans. The narrative vividly portrays the Gold Room's chaotic atmosphere, where fortunes were made and lost in the blink of an eye amidst the frenzy of war news, political maneuvering, and economic uncertainty. The author dissects the complex interplay of factors that influenced the gold market, from the ebb and flow of Civil War battles to the machinations of powerful speculators and government interventions. This book offers profound insights into the psychology of speculation, the ethical dilemmas faced by market participants, and the far-reaching consequences of financial instability. It serves as a timeless reminder of the delicate balance between risk and reward, the enduring allure of wealth, and the human cost of unchecked greed. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781330213667_0

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