"What Makes Gold Jewelry So Valuable And Desriable By So Many People - See For Yourself"," The value of gold as a
unit of exchange does not diminish.
The Gold Standard Magazine agrees:
"Indeed, during the monetary crisis of the last
several years, the price of gold soared in free world
markets as more and more individuals around the world
acquired gold as a hedge against actual and potential
currency devaluations"
Gold is one of the most used mined minerals.
Some of the uses for gold include:
*As a conductor of heat and electricity
*Used in Dentistry for gold crowns and teeth restorations
*Used in computer manufacturing
*Used in the treatment of some arthritis and rheumatoid arthritis
Because "gold is malleable, a single ounce of gold can
be drawn into a wire 35 miles long or hammered into
sheets less than five millionth of an inch thick"
Gold can be made into thread and used to embroider
and sew clothing.
Over one third of the gold mined is used to produce
jewelry.
These hip hop rappers
sport "teeth covers" made of gold or platinum
that are encrusted with diamond to show off
their wealth.
Gold is money.
The price of gold
is independent of the trends that determine
he prices of other financial asset.
The prices in the bond market
may be tied to the safety, yield or comparisons
in the market.
Gold maintains it value over time.
Gold is more
stable than any other merchandise so even in the
marketplace today gold can still out perform
most markets.
The special properties of gold make it unique
and highly sought after.
Mining for gold is very expensive
so the price of gold is usually high.
0001% gold on earth.
To find a large enough quantity of gold so
that it would be worthwhile mining it, is a
rare occurrence indeed.
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