Usefulness of gold?

Lounge
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I read a book once The Indegenous history of the United States

It said that gold was just a metal that was worth nothing more than humans put value on it.

I brought this up after the aa meeting yesterday and the guy said “no gold is very valuable beyond being a shiny object. It gives great health, can prevent cancer, do great things”. Then he said some crazy things which I didn’t believe at all. But who’s right? My book? Or the guy?

Is gold truly a “precious metal” or do humans make it a precious metal… Well not really anymore because our dollar is just paper now…but what are the values of gold beyond being a shiny object?

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So ya know, Edgar Cayce prescribed gold for people with schizophrenia. Turns out, however, gold is just that much toxic . . .

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I’ve actually read part of there is a river! My mom told me to read it but got bored of it

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Gold used to be used to back up paper money.
Now countries print all this money that may not be worth the paper its printed on.

Just like people, if you spend more than you make, you will go broke.
Banks trick people in to loans they can’t repay.

China one day is gonna say show me the gold, you have nothing more I want.

EU breaking up? Every man for himself? Thoughts?

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I know that. But WHY is gold so valuable? Because humans decided it to be? Or because it has some use.

I sometimes wished food and knowledge and labor were our forms of currency , rather than gold,…and now paper, unless it actually does have some real use.

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Gold is useful in electronics and dentistry. Here’s an article about uses of gold. Scroll down past the jewelry and financial sections to see the useful industrial applications of gold.

I’d be weary about anything this guy says though. He sounds like a person that will believe anything that he reads online or views on TV.

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Most of the demand of gold comes from people using it for jewelry though. So you’re right, people mostly value you it because it’s “shiny” and has a unique look.

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He also said aliens used to come down for our gold to make nuclear weapons or something, but let’s not go into that :wink:

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You can safely disregard anything that comes out of this mans mouth! :wink:

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He made me think I was an idiot…

And the kids with us were like “YEAH DOOD gold can _________ blah blah”

I feel better now

I like the guy though

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:slight_smile: Was it THIS guy? jk :upside_down:

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Gold is scarce, and it doesn’t rust or tarnish. It has worked as money better than anything else.

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Gold is used in satellites Ect cos it perfectly repels heat.

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I’ve heard there is more gold in a ton of used computers than in a ton of gold ore. The problem would be extracting it, I imagine.

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when I was 17 I went to visit my aunt in San Jose, CA and her fiancee was a gold processor…he took me to his shop and I saw how they did it…they piled tons of motherboards in a soup of some chemicals and the gold fell off the pieces of computer boards and then they collected the gold and melted it down to a bar. he usually brought home three bars of gold each day. He had an amazing mansion set on a cliff of the valley. I used to watch the fog drift in and fill the valley every morning with my coffee…stayed there all summer…it was fantastic.

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It’s pretty and easy to shape. It’s very malleable.

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