Why is gold valuable? (3 Viewers)

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Gold is valuable b/c it is an awesome conductor. And for what it's worth, all the gold in the world, if somehow agglomerated into a single brick, would form a cube only about 50 ft on each side (source: Jeopardy!). Diamonds are valuable because they make excellent abrasives and cutting tools.

The jewelry thing is just fripperous vanity.
 
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That's a good question. Back in the day of Kings and Emperor's they didn't know that Gold was a good conductor or chemically stable. They just knew that you caould make shiny trinkets with it. No, Gold hasn't been the basis for the economy for years but for thousands of years it was.
 
It makes your smile more blingy.

And you just can't buy street cred like that.




Unless you have a bunch of money.





Or coke.





Or you know how to stab a bunch of people quickly.





To the tune of Tragedy by the Bee Gees.
 
saintsfan342000 said:
Gold is valuable b/c it is an awesome conductor. And for what it's worth, all the gold in the world, if somehow agglomerated into a single brick, would form a cube only about 50 ft on each side (source: Jeopardy!). Diamonds are valuable because they make excellent abrasives and cutting tools.

The jewelry thing is just fripperous vanity.
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some reason, i don't believe that.. at least in late 70's they had what seemed like a couple hundred feet worth at fort Knox alone.
 
Gold is not really that great of a conductor, silver is actually the best. But gold does not oxidize or tarnish so it would be better in electrical applications for that reason.

Actually the real reason to the OP question is, cuz its purty.
 
PurpleBlack&Gold said:
Gold is not really that great of a conductor, silver is actually the best. But gold does not oxidize or tarnish so it would be better in electrical applications for that reason.
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Cool. Did not know that. Is oxidation a big concern though in an insulated wire?
 
Gold is also used as medicine; a treatment for juvenile rheumatoid arthritis, although rarely used.
 
PurpleBlack&Gold said:
Gold is not really that great of a conductor, silver is actually the best. But gold does not oxidize or tarnish so it would be better in electrical applications for that reason.

Actually the real reason to the OP question is, cuz its purty.
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that's not what that taught, when I took EE.. Gold conducts better. but is cost prohibitive to use.
silver is next and is rarely used.
copper is cost effective.
 
robsmith32 said:
that's not what that taught, when I took EE.. Gold conducts better. but is cost prohibitive to use.
silver is next and is rarely used.
copper is cost effective.
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Silver (Ag) 63,010,000 /ohm.m

Copper (Cu) 59,610,000 /ohm.m

Gold (Au) 45,210,000 /ohm.m

Platinum (Pt) 9,661,000 /ohm.m

Silver is the best.
 
saintkev said:
how did the Egyptians know how scarce gold was? And more importantly,Why did they give a ****?.
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Man has known about gold being a precious metal ever since our Annunaki creators made us in their lab on the moon so that we could mine it for them. They used it to repair the atmosphere on Planet X.
 

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