Why Gold Is So Valuable

[thenerdmaster]

That's not all the gold in the world, that's all the gold we've found.

[arthurbezuidenhout]

90% of all the gold on earth is sitting at the bottom of the bloody ocean.

[luisruiz]

There’s actually more gold. The problem is, it gets harder and harder to extract it .

[wafflez_courtney]

"Why gold is a scam"

*Proceeds to explain why gold ISN'T a scam*

[pata]

Worked in a Saudi school for 14 years as a mechanic. It was said that there is more wealth in gold still in the mountains of Saudia Arabia then the wealth of oil in their ground .

[SqueakemZ]

Metric system ❌️
Imperial system ❌️
Half a foot-ball field ✅️

[elliotthawksworth]

prob more gold out there thats not been officially recorded

[elieliyahu]

The gold holders want you to think that to increase the value .
Only in Dubai, UAE, Qatar, there’s about 60% of the gold ever discovered .
Not to mention Russia & China .

[harrydewey]

We got made to work this out in our first class of chemistry A-level when I started it. The answer is something like 7x10 to the power of 8 kg’s of gold, but the large majority of it is buried so far under the ocean that we can’t access it. The gold discovered, and the implied finite meaning of gold, are two very different things

[PaulSmith-do]

You guys are exactly right, it's all we found so far. And most of it is at bottom of the ocean. ... an old pastor of mine used to tell me that God has an ultimate sense of irony and of poetic justice. I believe he is absolutely correct!! Ha! Ha!

[FHIPrincePeter]

Ghana was called "The Gold Coast" for a reason 🤔.

[RockstarFlipper]

I thought like 3 Dubai princes had more than a football field of gold. How is that possible

[DefinitelyNot-]

This is a prime example of why you don’t believe everything an influencer tells you

[Oden-oqlt]

That's why investing in gold is a good idea

[EricGordon-wy]

I'm with you. I've always thought that way about the dollar and diamonds and gold. People are stupid.

[Dominian]

Most gold out there is far from pure. Gold can also be applied extremely thin, hence Rutherford using it to proof that atoms are mostly empty.

[AdamaxEP]

The human body contains 200 micrograms of gold. Humanity contains 1600kg of it

[josearielmaldonado]

Gold is not an scam is a noble metal, with natural rust resistant, super conductive with most applications In technology.

[DMonk]

An the nice thing is that gold will never decrease or increase. There’s going to be the amount of gold in a million years maybe just in a different form.

[shots-shots-shotseverybody]

I was good friends with the late Richard Scott Ram, chief economist at the world gold council and he was a board member on one of my projects and we spoke about many things dealing with precious metals and he told me that the number of reported gold is 100 times smaller than what actually sits in storage vaults around the world today. He knew of one transaction of gold from the Philippines in the 80s during Reagan's Presidency which was 23, 000 metric tons moving into Chase Manhattan Bank and he showed me interesting things and the gold was moved to iron mountain and sold to the Chinese somewhere around 1996