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<p>[QUOTE="Kentucky, post: 1709969, member: 33176"]Good question. Gold does have some industrial uses, the primary one that comes to mind is in the manufacture of electrical contacts that don't tarnish and thus maintain their conductivity with little or no change. Certain catalysts depend on gold, but many more depend on the rare earth metals. Add to this the fact that gold is pretty. Think, all the metals are silver colored with the exception of gold and copper. There are some exceptions to this, but how many people have ever seen metallic cesium (beautiful, but so reactive it has to be kept sealed in glass). I also like the color of copper and all the alloys that come from it but 1) it is common and cheap and 2) it turns your skin green. Now gold is not common and doesn't turn your skin green, and that is somethng that has been known since antiquity. All these things considered explains a little of the value we place on gold, but the recent increase in price - possibly just an abberation that will correct itself.[/QUOTE]</p><p><br /></p>
[QUOTE="Kentucky, post: 1709969, member: 33176"]Good question. Gold does have some industrial uses, the primary one that comes to mind is in the manufacture of electrical contacts that don't tarnish and thus maintain their conductivity with little or no change. Certain catalysts depend on gold, but many more depend on the rare earth metals. Add to this the fact that gold is pretty. Think, all the metals are silver colored with the exception of gold and copper. There are some exceptions to this, but how many people have ever seen metallic cesium (beautiful, but so reactive it has to be kept sealed in glass). I also like the color of copper and all the alloys that come from it but 1) it is common and cheap and 2) it turns your skin green. Now gold is not common and doesn't turn your skin green, and that is somethng that has been known since antiquity. All these things considered explains a little of the value we place on gold, but the recent increase in price - possibly just an abberation that will correct itself.[/QUOTE]
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