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<p>[QUOTE=&quot;medoraman, post: 1725066, member: 26302&quot;]Yes, exactly like it started out in Babylon. Gold was a pretty thing, to be used in religious ceremonies. When their tiny deposits of gold ran out, they started trading for it with nearby kingdoms. It was in this trade that gold started to become &quot;valued&quot;. If Babylon had larger deposits of gold, or if other culture&#039;s religions did not use it, it very well would to this day just be a moderately scarce, weird, way too soft metal with little value. Gold has almost no modern value besides decorations, (either jewelry or structural). If only judged on scarcity, it should be around $40 an ounce or less.[/QUOTE]</p><p><br /></p>

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