| The intrinsic value of gold is very big: It is one of the very few metals that do not oxide in normal conditions, this makes : Any metal very good electrical contact: just putting a single layer of gold over any metal will make the metal a fantastic electrical contact without the oxide layer that any metal will develop over time. This application alone is of great use in anything that plugs, just look around and you see gold in any electronic device. You can make the best quality IR reflectors with it. You can cover plastic with a very small layer of it and make mylar that in used in everything from refrigerators to accident blankets. Gold (and platinum)is one of the the most used metals in any electronic, chemistry, biochemistry or physics laboratory as not being dissolved or attacked from most chemicals makes the extremely useful. It is also great value because:
It is very dense.
It could be divided ad infinitum without (oxidation)damages.
It is easy to know it is gold and not something different.
It is beautiful.
It is very rare and appreciated, because of its aesthetic and its industrial properties. Which makes it one of the best material for exchanging goods possible. It is also the preferred way to store wealth around the world when US of America does not threat with its weapons(guess what are China, Rusia, Iran or Brasil using to exchange goods between them as they have a military army on their on). Gold reserves has been the first thing the US has sto... errr has taken from Ukraine in order to "protect" it. Let me tell you when the gold is coming back:never. |