Alchemy: gold for the gullible

People have fallen for alchemy for centuries, including Isaac Newton and Johannes Kepler. They should have known better

Alchemy
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I have been writing a book about gold, including a chapter on the ancient art of alchemy. Alchemy is a paradox. On the one hand, it is bogus science. You cannot turn base metals into gold. A universal elixir that could cure all diseases and grant eternal life does not exist.

And yet far brighter folk than me – from Isaac Newton, who at one stage thought he had cracked it, to Johannes Kepler – have kept on trying. Alchemy has captivated human beings for millennia. It is almost as old as civilisation itself. The space it occupies in modern fiction (witness Harry Potter or The Alchemist) shows the extent to which alchemy still fascinates and fixates humans the world over.

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Dominic Frisby
MoneyWeek columnist