The Many Uses Of Gold | Gold | Real Vision™

Gold has many other uses outside of jewellery and wealth… And the best places to recover gold from might surprise you.

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The Many Uses Of Gold | Gold | Real Vision™

Transcript:
But it's not just bars in a vault or rings on fingers. Gold has many other uses. In fact, aside from its monetary and symbolic value, gold is widely used in electronics, electrical wiring, dentistry, medicine, radiation shielding, and to color glass. In fact, more gold can be recovered from a ton of computers from 17 tons of gold ore. Even the human body contains about 0.2 milligrams of gold, which is found mostly in our blood.

[SnailBen]

You seem smart Grant and obviously yearn to know why golds price doesn't rise. Why not try and understand FOFOAs perspective; freegold? Gold obviously is not useful for anything except store of value. It is therefore not a commodity. The applications you mention can and will use substitutes. Gold will never be used up. It's price is arbitrary and does not have objective, supply-demand metrics. It is a wealth reserve that can be revalued without affecting the price of other necessities and industries. If someone like you digs into it you can then teach laymen like myself about GLD coatcheck theory vs natural arb. Which I do not understand.