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<p>[QUOTE=&quot;DrHenley, post: 1710848, member: 50741&quot;]Intrinsic properties:</p><p><br /></p><p>Gold is relatively common.&nbsp; Compared to say, Platinum or Palladium, gold has been available in sufficient quantities since ancient times to mint into circulating coins.</p><p><br /></p><p>Gold is easy to mine and refine.&nbsp; Someone with a high school chemistry level of knowledge can easily figure out how to turn gold ore into gold without any kind of advanced equipment.</p><p><br /></p><p>Gold is durable.&nbsp; It exists in a fairly pure form in nature that does not corrode even after thousands of years.&nbsp; Natural gold alloys may tarnish, but it is only at the surface.&nbsp; Gold is not consumed the way silver is in industrial applications, and recovery is cost effective.</p><p><br /></p><p>Gold is inert.&nbsp; It does not react with the human body, so it is a safe metal to use for jewelry, completely non-toxic.</p><p><br /></p><p>Gold is malleable.&nbsp; It can be easily shaped and beaten into very thin sheets.&nbsp; I can be beaten onto the surface of other metals to make the surface corrosion resistant.</p><p><br /></p><p>Gold has a low melting point.&nbsp;&nbsp; It can be melted and cast with very crude equipment. </p><p><br /></p><p>None of the other precious metals have all these qualities.&nbsp; Industrial silver is not economical to recover and so is irreversibly consumed by industry in a way that gold is not.&nbsp; Platinum is durable and recoverable, but doesn&#039;t exist in sufficient quantities and has a very high melting point.</p><p><br /></p><p>Because silver is consumed, there may actually be less available silver on earth than gold. <span style="color: #444444"><font face="arial">It is estimated that more than 95% of all the </font></span>silver ever mined<span style="color: #444444"><font face="arial"> throughout history </font></span>has <span style="color: #444444"><font face="arial">already </font></span>been consumed<span style="color: #444444"><font face="arial"> by industrial use. That </font></span>silver<span style="color: #444444"><font face="arial"> is gone forever</font></span>[/QUOTE]</p><p><br /></p>

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