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Re: Gold

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JamesGalt is not online. JamesGalt
Joined: 01 Sep 2007
Total Posts: 13607
13 Jun 2014 10:00 PM
I don't understand the demand for it.

It's useless.

It is dug out of the ground to be put in a vault.
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evilkiller108 is not online. evilkiller108
Joined: 09 Oct 2011
Total Posts: 4776
13 Jun 2014 10:10 PM
BECAUSE GOLD SHINY, SHINY THINGS GOOD!
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anotheytraitii is not online. anotheytraitii
Joined: 06 May 2014
Total Posts: 2526
13 Jun 2014 10:42 PM
It's a very weak metal too. In fact, gold jewellery is better when it isn't pure gold. Everyone adds iron and copper in the gold when they make gold jewellery. Not only is that cheaper, but real gold would break very easily.
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wyattthenoobhater is not online. wyattthenoobhater
Joined: 01 Jan 2012
Total Posts: 967
13 Jun 2014 11:36 PM
http://geology.com/minerals/gold/uses-of-gold.shtml
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crusader583 is not online. crusader583
Joined: 28 May 2010
Total Posts: 8121
14 Jun 2014 12:33 AM
Gold can conduct electricity and (was, until the standard was abolised) a good metal for currency.

Also shiny shiny shiny
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anotheytraitii is not online. anotheytraitii
Joined: 06 May 2014
Total Posts: 2526
14 Jun 2014 12:51 AM
"a good metal for currency."

You do know that golden coins are actually alloys, right? They're barely gold at all.
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crusader583 is not online. crusader583
Joined: 28 May 2010
Total Posts: 8121
14 Jun 2014 01:08 AM
@anothey

Depends how far back you go. Heck, up until the 20th century, gold was what made currency valuable, until the gold standard was abolished and currency became something artificially held up.
Also, for example, in Greco-Roman times, solid gold or silver coins were used. The Spanish flooded Europe with gold and silver after their conquests in the Americas, making alloys pointless as precious metals became abundant.
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2013Yay is not online. 2013Yay
Joined: 31 Dec 2012
Total Posts: 5299
14 Jun 2014 04:38 AM
Richer countries are always storing gold to be secured if their currency is getting worthless, gold is one of the most stable investions and used as rings, or necklaces by rich people to look rich.
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TehBloxx4h is not online. TehBloxx4h
Joined: 24 Aug 2013
Total Posts: 5577
14 Jun 2014 04:40 AM
I love gooooooold
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whyaname98 is not online. whyaname98
Joined: 22 May 2011
Total Posts: 3979
14 Jun 2014 04:41 AM
Gold is rare, that's why it's so valuable and why the price is so stable.

#LogicMakesSense
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DuckD0nald is not online. DuckD0nald
Joined: 21 Aug 2008
Total Posts: 9870
14 Jun 2014 04:57 AM
Actually, the price of gold is not that stable at all. It's very, very fluid and changes depending on the economic circumstances, such as the Great Depression.
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2013Yay is not online. 2013Yay
Joined: 31 Dec 2012
Total Posts: 5299
14 Jun 2014 05:11 AM
"Actually, the price of gold is not that stable at all. It's very, very fluid and changes depending on the economic circumstances, such as the Great Depression."

What is more stable than gold?
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Menorocco1 is not online. Menorocco1
Joined: 04 Jan 2013
Total Posts: 6
14 Jun 2014 05:52 AM
Thin gold leaves are used to test rays in labs(quantum phisics).
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ShawnGalamer is not online. ShawnGalamer
Joined: 23 Dec 2013
Total Posts: 946
14 Jun 2014 06:37 AM
Gold is utilized in a lot of things. Gold wiring conducts electricity very well and its in every pc or mac produced thats like billions in the world needing gold.
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anotheytraitii is not online. anotheytraitii
Joined: 06 May 2014
Total Posts: 2526
14 Jun 2014 10:50 AM
"What is more stable than gold?"

Tin is the stablest thing element ever. It's ten times as stable as gold.
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anotheytraitii is not online. anotheytraitii
Joined: 06 May 2014
Total Posts: 2526
14 Jun 2014 10:51 AM
I meant it's the stablest element ever, I don't know where that extra word came from.
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MrPhelps is not online. MrPhelps
Joined: 27 Feb 2010
Total Posts: 27982
14 Jun 2014 10:53 AM
Dollars used to be backed by gold.

Stupid government. Instead of giving us our gold bullion, they give us flimsy pieces of green paper!





~Phelps in OT~
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2013Yay is not online. 2013Yay
Joined: 31 Dec 2012
Total Posts: 5299
14 Jun 2014 10:54 AM
anotheytraitii, i was replying to the post about the stability of the "worth" of gold, not of the material, so i was talking about the economic stability of gold.
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anotheytraitii is not online. anotheytraitii
Joined: 06 May 2014
Total Posts: 2526
14 Jun 2014 10:55 AM
Okay then.
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diamondmark is not online. diamondmark
Joined: 22 Apr 2011
Total Posts: 1779
14 Jun 2014 12:12 PM
Credit crunch a while back, I think. Plus, shineh :).
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jamesfelicia is not online. jamesfelicia
Joined: 13 Dec 2008
Total Posts: 16240
14 Jun 2014 12:49 PM
what's the use of anything not needed for survival
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mylittleponyisepic11 is not online. mylittleponyisepic11
Joined: 07 Dec 2012
Total Posts: 1430
14 Jun 2014 12:49 PM
J3ws like gold you must be a j3w
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DesiredShark is not online. DesiredShark
Joined: 28 Jun 2012
Total Posts: 5123
14 Jun 2014 01:34 PM
The only thing Gold is good for is for science and whatnot.

But I can live without gold.
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