Mystery Metal of Ancient Ireland

Wenzel Hollar's historical map of Ireland
Ireland used to be a different shape

Today was spent at the Dublin Institute of Advanced Studies, a curious seat of learning I have written of before. I was there for TionĂ³l, a symposium on Celtic Studies. Not my usual stomping ground, but it’s good to go off and explore sometimes.

Ireland is fascinating because so much of what seems like the distant past happened so recently. (And vice versa.) The coming of Christianity didn’t overwrite pagan social structures. Much of their law and their system of values continued alongside the new religion. Nor did Viking settlement or Norman invasion destroy that cuture; it was only in Elizabethan times that real efforts to replace it began. So it’s almost as though we moved from the pre-Roman era directly to the early modern.

Yet there is so much we don’t understand about that past. When the change came it came fast, and though it left us a rich supply of written records, we do not always understand them.

For example, there is a word findruine that means…. Well, from its context it appears to be a precious metal. Stories speak of valuable objects of “gold, silver, findruine and bronze’ – in some it even outranks silver to become the most precious substance after gold. Yet we don’t know what it was.

Theories abound of course. My own first thought was that it might be a special version of bronze, with more copper in the mix. Or perhaps one that substituted zinc for the tin to make gold-coloured brass. But all these have been suggested over the years. Our speaker argued that none of them were right, and that the material was bronze (and perhaps other metals) that had been ‘tinned‘.

Which is not to say it had been put into cans. Tinning is the art of heating metal and then introducing solid tin to it. Tin melts at a relatively low temperature, so it spreads out on the hot surface, bonds with it, and forms a bright silver-coloured coating that resists corrosion and tarnish. The art was widely practiced until quite recent times – it gives its name to the trade of ‘tinker’ – and we know it was done by the ancients because, though it’s less robust than a pure metal, some beautiful articles of tinned work still exist.

So perhaps an ancient riddle has been solved. In the scheme of things though, it’s a relatively minor one. For example one of the most important roles in traditional Irish society was that of file. The word is usually translated as ‘poet’, yet fully qualified members of the file class were social equals to kings. And we still don’t know exactly what it was they did.

I hope to return to this.

Humour Politics

Gold Panic

gold cast bar
Fifty-One Thousand Sexy Dollars

Brace yourself for more irritating, hyperactive adverts on TV, more men with laptops and weighing scales in shopping malls, and more burglaries. Gold has reached a new record price of over $1600 per ounce. This means that, for the first time ever, gold is now actually worth its weight in gold.

But I shouldn’t get surreal, the reality is ridiculous enough. Buying gold is the global economy’s answer to popping valium and praying. Whenever the markets don’t know what’s going to happen or what to do next, they run to the yellow metal. There is no clear reason why, it just has this talismanic ring to it. Weight. Historical value. Shininess.

Also of course, it’s an actual thing. All those brave traders out there, wildly speculating all day on derivatives and futures and other fanciful ways to bet on how other people will make bets on how you will bet suddenly realise that all they own are pieces of paper written in the conditional mood, and succumb to an urge to possess something that you can actually hold and touch and hug. Or at least, a piece of paper that says you possess something you can hold and touch and hug.

This superstition-based value is highly dysfunctional. The problem with the flight to gold is that there is not enough room in gold. You’ve heard that factoid about how much there is in the entire world? Enough to fill just two Olympic swimming pools. It depends of course on how deep those pools are, but this is roughly right. There are something like 155,000 tonnes of gold lying around. Assuming that ounce price is for troy ounces, the normal ISO (International Silly Old) unit, and that comes to about eight trillion dollars ($8 000 000 000 000).

That’s hardly the current account deficit of a small South American republic these days. With the Euro in dire straits, there is clearly a lot more money needing somewhere to hide than that, and all the gold in the world is not a big enough hiding place.

Unless, of course, its price goes up even further and even faster.

You can almost hear the new wars starting in Africa, as it becomes lucrative once more to arm some children and turn over a neighbouring country. (Arms manufacture is always a good secondary bet when gold goes up.) Oh and if you have any gold fillings, now would be a good time to cash them in. Before someone else does, with a brick.

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