What Makes Gold So Valuable?

Gold is seen as a valuable metal world wide. Where did this idea originate and how much is it worth today?

Read More:
Where Does All Earth's Gold Come From?
“Ultra high precision analyses of some of the oldest rock samples on Earth provides clear evidence that the planet's accessible reserves of precious metals are the result of a bombardment of meteorites more than 200 million years after Earth was formed.”

How Much Gold is There in the World?
“It is amazing, but the total amount of gold in the world is a surprisingly small q­uantity. Here's how you can calculate the total amount that is available.”

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[Epicslayer]

I disagree with liquids not making good currencies, alcohol is the oldest currency

[steveozone]

Fuck gold. I'm saving my bottle caps.

[leoveyne]

"Because it's rare and pretty"

God help us all from this stupidity....

[booniedog]

"The Precious will be ours, once the Hobbitses are dead!"

[JegMak]

I have a copy of Pokemon Gold. It's in great condition. :)

[looneyflight]

you forgot to mention the heat shielding, current carrying, uv reflecting characteristics of gold. You only mentioned why gold became popular in ancient times. The solution for more gold is better solved by recycling old stuff with gold in it. Alot of small old electronics we throw away has precious metals in them that should go to recycling facilities to reclaim these precious metals.

[rachelle]

I prefer the looks of silver or platinum over gold any day. I don't have those metals lying everywhere, but I definitely prefer silver colored things over gold colored things. Jewelry, decor, sculptures, et cetera.

[Sammy]

2:13 If you made a golden statue and left it sitting in a public square, it wouldn't be sitting there the next day...

[goliathgeek]

Silver is the second most versatile commodity on this planet behind oil. As well as being used as currency as long as gold. Silver is gonna be the precious metal to bet on if an economic collapse ever did happen.

[Smokasaurus]

1:03
Pfffft. No big deal. Don’t worry about that part.

[justingreen]

Yeah we moved away from gold backed currency alright, and look how well that turned out.

[Borzogo]

Spending money on jewels is really stupid when you stop to think about it. Of course, most people who do are not very good at this thinking thing or don't have to.

[zachcrawford]

Gold is a metallic element, not a "space rock". It is valuable because it is rare and can't be made or copied (excluding nuclear synthesis, which in not worth it in gold's case) it is also very useful and inert.

[jackielaroga]

Gold is valuable because of its metaphysical properties. Gold can help develop a person's abilities. How it was used also for wireless electricity distribution in early civilizations.
Precious metals like silver and copper are used for disinfection and cure of bacterial diseases. These metals are not rare.. people are not stupid enough just to value something pretty.
These earth elements can do more to humans aside from aesthetics purposes.
And rich people knows the real use of gold that's why they invest and save gold. Thus, a real currency.

[Bram]

It's rare, easily meltable, not rustable and very shiny, there you go

[Militarymoneyman]

1 thing she said didnt make any sense.... if you made a statue of gold it wouldnt look the same in 1000 years, it wouldnt even look the same in 10 years... and the reason is quite simple to explain with science. you see gold is a precious metal that is very expensive and rare (as explained in this video) and even small amounts of it is worth thousands. left outside to the elements the gold will shrink or even lose large chunk over a small period of time because of natural carbon based life forms finding value in the shinny metal... i.e. niggas gonna to steal that shit... science bitches!!!!

[dnjg]

To further elaborate on this video here are some fun facts.
1. Gold is an excellent conductor of electricity. Copper and silver both have a lower resistance and therefore conduct electricity better but they both tarnish so gold is the more reliable choice. But the most interesting thing about gold in my opinion is that multiple ancient civilizations that had absolutely no contact with each other used gold as a currency and before the discovery of electricity was useless. why you ask?

2. Some conspiracy theorists believe that our creators are aliens from space that have evolved to the point where they can no longer reproduce. So apparently they spliced their dna onto primates when they first visited earth long ago. They with their advanced technology had many uses for gold and they commissioned us to become a labor force in order to mine it for them in exchange for gifts such as, better brains brought on by all the dna splicing, fire, our first spoken language, and advanced mathematics. (whats weird is that ancient peoples grasp on mathematics was actually surprisingly good and the upper echelon in our hierarchy kept a lot of that information secret. look up the history of sacred geometry. pretty neat.) anyway they say that being taught that gold was highly valuable at the same time we first developed advanced cognitive reasoning kinda stuck with us through thousands of years.
But the infinitely more likely and yet infinitely more boring theory is that before electricity gold really had no other uses other than being a currency. Other precious metals tarnish and corrode and therefore cant be stored for long periods of time. it is also rare, has a distinct color, and is rather malleable. making counterfeiting difficult in the ancient world. i personally prefer the former just because its more fun

[lupita]

You used Chinese pennies when introducing silver and gold.. those are made of aluminum...

[deamunich]

I felt like I was out of breath hearing her talking.

[lilBIGGhomie]

If the world were in an Apocalyptic situation and one group had all life substaning supplies and another group had ALL the Gold, silver, Platinum, Diamonds etc.
Which Group would be the best one to be a part of???