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Mark Gillespie

Why Do Humans Like Gold

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Perhaps the perception of shiny Gold is a lasting and high value - a wealth that also represents the seal of governance, status in society ... and power.

It is also interesting how many different civilizations appreciated gold as a standard of wealth .., or as a currency of the highest value...

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There was once a time in the mid 1800's aluminum was more expensive than gold, almost double the price as was thought of as a precious metal. 

https://www.windodisplays.com/blog/aluminium-more-valuable-than-gold/

Interesting fact ?  Now it's one of the pain in the posterior metals for detecting :laugh:

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22 hours ago, Mark Gillespie said:

A currency only has value because we, as a society, decide that it does.

This single line in the whole article pretty much says it all.  Many societies never appreciated gold as a currency.  That line with the supporting arguments on its scarcity, stability and workablity are what makes gold valuable.  Nowadays's gold also has an intrinsic value for society in its use's where'as back in time it had little or no value for day to day activities.  Only is social status to support its value at the farm or in the court.

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I think DDancer said it best, gold has a social value which in turn creates monetary value. I feel like if society regarded copper as the main jewerly item in replacement of gold, then copper would be worth more.

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It's simple. Gold is rare. It is incorruptible -never corrodes or tarnishes - eternal.

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On 4/2/2019 at 11:47 AM, Mark Gillespie said:

That leaves just two elements - silver and gold.

Both are scarce but not impossibly rare.

(Mark is quoting this article:  https://www.bbc.com/news/magazine-25255957) This is an exaggeration.  On the earth, gold is amongst the nine rarest naturally occurring elements (by mass).  Those 9 (Tellurium, Platinum, Gold, Ruthenium, Palladium, Rhenium, Iridium, Rhodium, and Osmium) combined add up to less than any other single element.  Silver is in the next rarest group (Cadmium, Silver, Mercury, Selenium, Indium, Bismuth).   See the following graph from: https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth's_crust

image.png.a02dcdaf1a44d206c885cd28de0e4d25.png

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How many of these metals were know 2000 years ago?

Gold and Silver

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It’s deeper than that in my opinion. Rick kind of touched on it. Gold captured the imagination of separate cultures around the world, many of which that had no contact with the others. When that person thousands of years ago found that gold nugget, it was obviously different. It was very heavy and it captured the glow of the Sun God... perhaps a piece of the sun fallen from heaven? It would have not taken long to discover it never rusted, never tarnished... it is immortal. Again, god like and there has been a connection between gold and religion since the earliest days. The early artisans discovered it is the most malleable of metals that can be drawn, hammered, and formed in ways no other metal can. The relatively low melting point meant it could be easily cast whereas no human created heat could melt something like platinum until the 1800s.

But mainly I think it’s that glow when held in sunlight and it’s incorruptability. Gold speaks to something in us like no other metal. Gold is magical.

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On July 31, 2019 at 8:06 AM, Steve Herschbach said:

 Gold captured the imagination of separate cultures around the world, many of which that had no contact with the others. When that person thousands of years ago found that gold nugget, it was obviously different. It was very heavy and it captured the glow of the Sun God... perhaps a piece of the sun fallen from heaven? It would have not taken long to discover it never rusted, never tarnished... it is immortal. Again, god like and there has been a connection between gold and religion since the earliest days. The early artisans discovered it is the most malleable of metals that can be drawn, hammered, and formed in ways no other metal can. The relatively low melting point meant it could be easily cast whereas no human created heat could melt something like platinum until the 1800s.

But mainly I think it’s that glow when held in sunlight and it’s incorruptability. Gold speaks to something in us like no other metal. Gold is magical.

 

I think you just wrote the opening paragraph for that book your supposed to write :smile:

strick

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