+Steve Ozone This is pure statist brainwashing.. "Because it's rare, and pretty. The end." REALLY? THE END? You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment. This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid. The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
The only thing stupid is that simplified explanation. In addition to being rare and pretty, gold has many practical uses in electronics, aerospace, medicine, and dentistry. It also is the best form of money due to its durability, portability, divisibility, and fungibility.
@@FiatBurner gold may be used for some special equipments, but not massively. there are other materials (ex : metal alloys, composite, stainless steel, etc) that are more cheaper and have greater characteristics (at least these materials are more than enough for products). gold may have good durability for money, but metal money is heavier, taking more place, paper money is way more flexible and card/e-money is even more flexible, after all, money is used for transaction purpose not for beauty purpose. what i'm trying to say is gold is a great metal but many materials can replace it, for me gold is just overpriced cmiiw.
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.
@@fredstead5652 yet the japanese get whole gold, silver and other metals from their recycling. Scaling multiples those hairs very quickly. Wouldn't waste people time over a hair 🤣 of precious metal.
@@OutragedPufferfish if ancient countries can make currency out of it that really means it is not that rare. No one goes around talking about how pretty pennys nickles dimes and quarters are.
@@looneyflight Ancient countries had much smaller populations than today, and I don't think everyone used these coins. Plus, no-one said it has to be extremely rare. That'd make it unusable too. Gold js valuable because of its sweet spot between rare and available.
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.
+Steve Ince *nod* I have noticed that precious metal dealers are a lot more likely to include 'industrial silver' by the kilo in addition to their various 'pretty coins and bars'. That is a good indicator that silver is easier to move based on its utility as a resource as opposed to gold kinda being dominated by fashion.
+Steve Ince which is why Dorthy's shoes were silver in the book version of "The wizard of Oz" not ruby. It was a representation of economic stability and ruin. (Or something like that.)
@So Gold was considered precious long before we knew about it's conductivity. Just like many other things that have no practical use, like Da Vinci's art, just to name an example. It'll never be useful but is considered extremely valuable.
+Justin Green In the real world, gold backed economies had serious problems with both stability and growth bottlenecks, not to mention currency manipulation. They have attained a lot of mythology over the last few decades, but that has been mostly due to philosophical and anti intellectual reasons since they pull on images from 'simpler times'. But they sucked then, and they suck now.
It's also because it's very dense therefore it's difficult to substitute other materials without changing it's weight significantly. That is, it's easy to authenticate.
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.
+NVaizard If you have excess money it has it's values as an investment, you can pass it down through your family until they need it. The value should rise. that been said, I also see it as a waste of money and people shouldn't have excess!
+NVaizard This is pure statist brainwashing.. "Because it's rare, and pretty. The end." REALLY? THE END? You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment. This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid. The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
Voluntarist The video never questioned the value of gold. No argues it has PERCEIVED value. The technological abilities of gold are sure as hell NOT the reason it was valued for thousands of years. It's shiny, rare and durable. That's it. Of course gold still is and will continue to be a good investment, that's not the point.
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.
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.
+rachelle2227 Both are probably better investments too. Silver is easier to move for industrial uses and can be broken down into more manageable amounts for small or fine grained transactions. Platinum is worth more and tends to be more stable. The gold market is pretty emotion driven, flooded with people who invest for idealogical rather than economic reasons, which makes it kinda flakey.
+rachelle2227 Rhodium (usually used) is white gold. It has no connection to gold at all. Problem is it's much more expensive, so gold is usually plated with rhodium, so you get white gold.
trckojr well, I didn't quite word that correctly. I guess I just think it's called white gold because people like the sound of gold. That's why it's not called rhodium coated gold. It doesn't sound as expensive or familiar to people.
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
Actually they could reproduced they used their DNA and spliced it with primates for the sole purpose of creating a work force (slaves) to work, the mines and tend to their crops etc.
lead's toxic properties don't invalidate it as a currency since the concept of currency predates the notion of lead being harmful. and considering that it is both highly malleable AND sweet, it seems like a good candidate for an early currency.
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!!!!
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.
Admiring the beauty of something is not stupid. It's the highest mental state that one can achieve. Only wanting to use the world around you for your benefit is for primitives.
Gold was considered precious long before we knew about its conductivity, and conductivity is not the only property that makes a material useful, nor even a particularly important one. Conductivity is not the reason why people have loved gold for thousands of years.
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???
@@piglin469 Gold was considered precious long before we used electricity. Conductivity is not the only property that makes a material useful, nor a particularly important one. We love gold because it's rare and beautiful. That's the only real reason.
I love gold! Gold is going to be worth a lot more in the near future, once the fiat money we all use is deemed useless! Get as much gold and silver as you can, you're going to need it.
natjam13 Those with out energy and water yes. Those with out skills. Your gold won't be welcome in many places by people not crazed by the want of it. Time will tell. A solar bank will far out way a gold brick in worth.
+Telecastvids This is pure statist brainwashing.. "Because it's rare, and pretty. The end." REALLY? THE END? You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment. This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid. The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
+Voluntarist Gold has been reproduced many times by thieves. The fact that fools gold is even a thing on Saint Patrick's day refutes your claim. I really believe though that currency is heading towards digitalization. Of course large might transfer gold in and out of accounts and what not, but the dollar will largely disappear after technology gets convient enough. Imagine walking up to a bar, pulling out your Apple watch or phone and you hold it to a device that scans it, similiar to the way we use credit cars.
+Geometry Dash Krayzz It usually is but the value has dropped quite drastically multiple times. The attention around Gold probably just comes from the fact that it has been used for currency and such.
+Geometry Dash Krayzz Price = supply and demand. If supply is 100 and demand is 1,000 (ie platinum) you would have a relatively higher price, while if supply is 10,000 and demand is 15,000, (IE gold) you would have a lower price, even though there is more gold being bought and sold.
natjam13 U must be stupid. Gold And Platnium is the same price 2017 lmao... in 2006 when gold was like 600 dollars an ounce thats when platnium was more expensive.
hmmm sorry for the disappointment, but magnesium in water does nothing, perhaps you should have tried it before saying that! It is actually the alcali metals from the first row of the periodic table that reacts with water and explode, magnesium in is the second row. It will just deteriorate just like Iron produces rust in water. - A chemist
"Brought to you by BOEING" People get annoyed by advertisements in videos, but I use them as a success 'o' meter. Being sponsored by Boeing is pretty damn impressive :D
+Hassan Selim maybe it is used to name platinum, what I know is that white gold is a mixture of gold and some other metals(not always the same metals) to make the gold luke whiter, still nit as white as platinum or silver. There a mixture called rose gold and yeah it has gold in it too. Just google it, yellow gold is what mostly reffer to gold that is a mixture as well mostly with copper. Gold it's too soft to be used on it's own that's why we have other mixture. Unlike the jewelry made from platinum, silver or other metals.
Gold currency gave insentive to mine iron; they are found together. A surplus of iron is valuable for arming armies, beyond that scope there was no insentive to mine any more than a plow horns' worth.
Your videos are always GREAT for trolling my boyfriend (who is completing his PHD in catalytic chemistry), he HATES them- especially when you talk about space.
I don't see how that would be possible. I think supply in demand isn't only a human thing, but would be a thing for any sentient alien. So long as another species is smart enough to build things and own things that aren't directly related to their basic needs, supply and demand would come into play, because everything is finite. This could be slightly different if an alien race could manufacture gold or any other material from any other base material (like water), but that may not even be possible, and definitely super advanced if it is.
+Bounsingonbongos1 This reminded me of a random conspiracy theory were some people believe modern humans were created by aliens that influenced the DNA of primitive man. Apparently they needed us to mine gold which had some sort of anti-ageing properties for them... ..... now that would make it rare and valuable.
FrozenEternity alien1:we need workers but the AI craps out when mining Alien2: why dont we make other creatures do our work? Alien1: like what? Alien2: those hairy four limbed things look like a good start. Alien1: you are a genius!
+Bounsingonbongos1 you know I'm pretty sure that they would look at us like we look at birds. Some birds like to decorate their nest with various things, create dances or some other display which is fascinating to see. In the same way the aliens might just consider that using something shiny like gold is a part of our mating rituals rather than primitive in the same way that we see a bird find certain pebbles or debris as part of their aesthetics. I'm sure aliens got their own mating rituals don't you think maybe with tentacles?
3:23 my most prized possessions are my *Tombow 56185 Dual Brush Pen Art Markers, Bright, 10-Pack. Blendable, Brush and Fine Tip Markers Tropical* and of course my Shrimp Sister
thats a bold claim, and wait until the truth seeps out. you will see, as I have that the world is a lot more different and weird than you assume. aliens may infact be real... dont doubt what you dont know. and dont doubt what thousands of years of human existence and experience has to say. the ancient people were not dumb and they its hard to discard and rewrite all of human existence and say they were wrong, because even science today is showing many outdated beliefs and "facts" to be true and factual
Yes, gold is pretty, but it's not as rare as they make us believe it is. Have you entered a small jewelery store in your hometown? We have at least 20 of these stores here in my town, and the amount of gold in each is huge. I remember a lady bringing an armfull of necklaces of all different sizes, and that was just one small part of what they have. I can't even imagine what they have in a big store in Dubai, for example. There are many conspiracy theories outthere around gold, and some of them are pretty good.
Currency is supposed to represent a transfer of credit for value rendered. Wealth is created by labor. Yet we are meant to believe that gold has inherent value- even before its only real use in electronics and spacecraft was discovered. There is something missing in the story of humanity's obsession with gold.
gold is also rare because it's not made inside stars. It's only made in supernovae explosions. So, there's less of it in the universe as a whole than say, Iron.
+Patrick Melody This is pure statist brainwashing.. "Because it's rare, and pretty. The end." REALLY? THE END? You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! Governments will never have supernovae until we have anarchy at least.. This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment. This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid. The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
mmm i saw a video about things that nobody wants you to know and then mentioned that there is so much gold on our planet as coal and that most caves and sources of gold were purchased, so they could raise and lower its price.
my most precious item is a historic ottoman empire symbol made of silver and studded with 77 half carat diamonds with one 2 karat in the middle. it was a gifted to my great grandfather from a old ottoman royal family. it now lies in a safety deposit box.
Disappointing she never touched on the technological benefits of gold. Which leads to questions if ancient technology had a use for it therefore it became ingrained in us as valuable
Tut, tut for not mentioning the industrial uses for gold. About 10% of the world's gold is used for industrial purposes. There's about 50 cents' worth of gold in a typical smartphone.
Ok... thinking that gold came from a meteorite is only a "theory" it is not a fact. The fact that they mine gold deep in the earth and around volcanoes says a lot that the earth makes this precious metal itself.
gold also conducts electricity the best, that is why there are gold plated connectors. then comes silver, aluminum and 4th is copper. copper is used as wires because it is durable and cost effective.
what if I gave you 1 million kg of gold but I have left you on an island where there is no human being and you cannot come back. you would use it as a rock
Gold is not the least reactive metal, that title belongs to platinum. It's not valuable by modern standards "because it's rare and pretty". There is a high demand for gold for practical purposes. Gold is an excellent catalyst, it is a great electrical and thermal conductor, and it is used for certain lenses to block out UV rays. Gold overall isn't really that rare, the expense is that there's such a demand for it but supply is relatively slow.
I disagree with liquids not making good currencies, alcohol is the oldest currency
GreaseMonkey Naw the oldest currency is blood.
Listen again. Why dont you carry million $ in alc
GreaseMonkey the oldest currency are livestock or food
You sound stupid gold was bere before humans were. Humans invented alcohol stupid. Alcohol is man made, gold isn't
@@KelvinSmith28 but we didn't *USE* it after alcohol right?
value is a strange concept.
+Toby MUFC agreed
+Toby MUFC it's personal
+Toby MUFC So is scarcity.
I totally agree
+Toby MUFC people are stupid, thats all... metals more valuable than water or workable lands??? ha ha ha....
I have a copy of Pokemon Gold. It's in great condition. :)
5 years ago
"The Precious will be ours, once the Hobbitses are dead!"
Haha I was read that book to me by my primary school teacher. Made me laugh 😄
We know the Hobbitses as Central Banks and their dirty teir one assets
@@dwdelve You're having a mental breakdown on RUclips over "gold comments" LMAO
What a sad miserable life you must have.
@@CowneloAlvaroid no u
Fuck gold. I'm saving my bottle caps.
Haha
+Steve Ozone Not long to wait now either.
LMFAO
better hope what happened in fallout happens I'm real life
+Steve Ozone This is pure statist brainwashing.. "Because it's rare, and pretty. The end."
REALLY? THE END?
You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment.
This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid.
The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
"Because it's rare and pretty"
God help us all from this stupidity....
"rare, pretty, and least reactive of any metals" .. from best coin material to most valuable material
God want us to be stupid tho.
The only thing stupid is that simplified explanation. In addition to being rare and pretty, gold has many practical uses in electronics, aerospace, medicine, and dentistry. It also is the best form of money due to its durability, portability, divisibility, and fungibility.
@@FiatBurner gold may be used for some special equipments, but not massively. there are other materials (ex : metal alloys, composite, stainless steel, etc) that are more cheaper and have greater characteristics (at least these materials are more than enough for products). gold may have good durability for money, but metal money is heavier, taking more place, paper money is way more flexible and card/e-money is even more flexible, after all, money is used for transaction purpose not for beauty purpose. what i'm trying to say is gold is a great metal but many materials can replace it, for me gold is just overpriced cmiiw.
It does explain why it has value though.
2:49 for TLDR people
You knew what I meant
Thank you
You saved my life omfg thank you!!!
+AndrewG what does that mean?
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...
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.
The gold in electronics is as thin as hair.
We love gold because it's rare and beautiful. It's the only real reason.
@@fredstead5652 yet the japanese get whole gold, silver and other metals from their recycling. Scaling multiples those hairs very quickly. Wouldn't waste people time over a hair 🤣 of precious metal.
@@OutragedPufferfish if ancient countries can make currency out of it that really means it is not that rare. No one goes around talking about how pretty pennys nickles dimes and quarters are.
@@looneyflight Ancient countries had much smaller populations than today, and I don't think everyone used these coins. Plus, no-one said it has to be extremely rare. That'd make it unusable too. Gold js valuable because of its sweet spot between rare and available.
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.
+Steve Ince silver corrodes
+Steve Ince *nod* I have noticed that precious metal dealers are a lot more likely to include 'industrial silver' by the kilo in addition to their various 'pretty coins and bars'. That is a good indicator that silver is easier to move based on its utility as a resource as opposed to gold kinda being dominated by fashion.
+Steve Ince Thanks, but I'll keep stocking up my bottlecaps ;)
+Steve Ince which is why Dorthy's shoes were silver in the book version of "The wizard of Oz" not ruby. It was a representation of economic stability and ruin. (Or something like that.)
+Steve Ince i only bet on a iron man suit made from adamandium
I felt like I was out of breath hearing her talking.
It's rare, easily meltable, not rustable and very shiny, there you go
That's a dumb reason for it to be "very valuable"
It's very rare. Created by kilonovas during the earliest parts of the creation of the solar system
@So Gold was considered precious long before we knew about it's conductivity. Just like many other things that have no practical use, like Da Vinci's art, just to name an example. It'll never be useful but is considered extremely valuable.
Yeah we moved away from gold backed currency alright, and look how well that turned out.
+Justin Green Pretty damn well actually.
neeneko Really? Do explain.
+Justin Green In the real world, gold backed economies had serious problems with both stability and growth bottlenecks, not to mention currency manipulation. They have attained a lot of mythology over the last few decades, but that has been mostly due to philosophical and anti intellectual reasons since they pull on images from 'simpler times'. But they sucked then, and they suck now.
neeneko So you've given me your opinion. Now give me some facts.
+Justin Green those are backed by facts look it up
It's also because it's very dense therefore it's difficult to substitute other materials without changing it's weight significantly. That is, it's easy to authenticate.
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.
+NVaizard If you have excess money it has it's values as an investment, you can pass it down through your family until they need it. The value should rise. that been said, I also see it as a waste of money and people shouldn't have excess!
+mitchiemasha Define excess..
nisher15 Answering your request!
+NVaizard This is pure statist brainwashing.. "Because it's rare, and pretty. The end."
REALLY? THE END?
You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment.
This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid.
The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
Voluntarist The video never questioned the value of gold. No argues it has PERCEIVED value. The technological abilities of gold are sure as hell NOT the reason it was valued for thousands of years. It's shiny, rare and durable. That's it. Of course gold still is and will continue to be a good investment, that's not the point.
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.
Actually you don't know the meaning of the rock...
@@deepakraghav8235 Explain.
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.
+rachelle2227 Both are probably better investments too. Silver is easier to move for industrial uses and can be broken down into more manageable amounts for small or fine grained transactions. Platinum is worth more and tends to be more stable. The gold market is pretty emotion driven, flooded with people who invest for idealogical rather than economic reasons, which makes it kinda flakey.
what about white gold? Do you fancy it more?
RedStefan In my opinion, white gold is just for people that like the sound connotation of regular gold, but not its look. I don't really care.
+rachelle2227 Rhodium (usually used) is white gold. It has no connection to gold at all. Problem is it's much more expensive, so gold is usually plated with rhodium, so you get white gold.
trckojr well, I didn't quite word that correctly. I guess I just think it's called white gold because people like the sound of gold. That's why it's not called rhodium coated gold. It doesn't sound as expensive or familiar to people.
1:03
Pfffft. No big deal. Don’t worry about that part.
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
Actually they could reproduced they used their DNA and spliced it with primates for the sole purpose of creating a work force (slaves) to work, the mines and tend to their crops etc.
lead's toxic properties don't invalidate it as a currency since the concept of currency predates the notion of lead being harmful. and considering that it is both highly malleable AND sweet, it seems like a good candidate for an early currency.
Julia is my most precious item >:)
"Gold is money; everything else is credit." - J.P. Morgan
And money is something that you cannot eat as food
@@Doron812 נכון אחי, אבל אוכל לא יקנה לך בית
@@TXLionHeart😌.... במיוחד בתל אביב
@@Doron812 חחחח 😂
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!!!!
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.
Admiring the beauty of something is not stupid. It's the highest mental state that one can achieve. Only wanting to use the world around you for your benefit is for primitives.
Gold is excellent for conducting electricity. And It's more dense than lead, so it good for shielding radiation. hehe
silver is way better as a conductor for both thermal and electric energies.
In ancient times there was no electronics
Gold was considered precious long before we knew about its conductivity, and conductivity is not the only property that makes a material useful, nor even a particularly important one. Conductivity is not the reason why people have loved gold for thousands of years.
@@infernuslux9662 But gold is less corrosive.
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???
Thanks, Julia, our precious golden host!
You used Chinese pennies when introducing silver and gold.. those are made of aluminum...
Yes I love when Julia explains things!!!
arent all rocks...space rocks?
No Goldfinger comments really RUclips. You can do better.
Simple, it's a super material designed by aliens to control our minds. Just like the monolithic figure from space odyssey
"Because it's rare and pretty. The end." Agreed. I have always been a bigger fan of silver but gold has been growing on me.
Gold is not rear
Gold is serious stuff for adults. Children and adolescents never like it. You're probably starting to appreciate it because you're growing up.
@@OutragedPufferfish I mean its the best thing to conduct elictricity great for wires
@@piglin469 Gold was considered precious long before we used electricity. Conductivity is not the only property that makes a material useful, nor a particularly important one. We love gold because it's rare and beautiful. That's the only real reason.
@@OutragedPufferfish OK
Humans are like raccoons just liking shiny stuff that is useless.
0:10 i died
Now do "What makes paper so valuable" ...
Paper is not valuable, it's useful. Nobody pays for paper just to have it like for gold.
I love gold! Gold is going to be worth a lot more in the near future, once the fiat money we all use is deemed useless! Get as much gold and silver as you can, you're going to need it.
+Telecastvids Water and energy itself... Gold and silver will be worthless too. Only the crazed that crave it and you'd want to stay away from them.
+mitchiemasha you're gonna need gold to buy water and energy...don't try to be smarter than you really are
natjam13 Those with out energy and water yes. Those with out skills. Your gold won't be welcome in many places by people not crazed by the want of it. Time will tell.
A solar bank will far out way a gold brick in worth.
+Telecastvids This is pure statist brainwashing.. "Because it's rare, and pretty. The end."
REALLY? THE END?
You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment.
This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid.
The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
+Voluntarist Gold has been reproduced many times by thieves. The fact that fools gold is even a thing on Saint Patrick's day refutes your claim. I really believe though that currency is heading towards digitalization. Of course large might transfer gold in and out of accounts and what not, but the dollar will largely disappear after technology gets convient enough. Imagine walking up to a bar, pulling out your Apple watch or phone and you hold it to a device that scans it, similiar to the way we use credit cars.
Rare and pretty. Just like me. I really am priceless.
Why does gold get more attention than platinum? (platinum is more valuable right?)
+Geometry Dash Krayzz It usually is but the value has dropped quite drastically multiple times.
The attention around Gold probably just comes from the fact that it has been used for currency and such.
45 times more rare than gold
+Geometry Dash Krayzz Price = supply and demand. If supply is 100 and demand is 1,000 (ie platinum) you would have a relatively higher price, while if supply is 10,000 and demand is 15,000, (IE gold) you would have a lower price, even though there is more gold being bought and sold.
natjam13 U must be stupid. Gold And Platnium is the same price 2017 lmao... in 2006 when gold was like 600 dollars an ounce thats when platnium was more expensive.
Gold is currently still more valuable than platinum
Get your facts straight!
I like silver more than gold:)
Gold was used in ancient Egypt as currency around 500 BCE.
BCE: Before Cash Existed
Underated comment
So... Julia really like gold huh?
hmmm sorry for the disappointment, but magnesium in water does nothing, perhaps you should have tried it before saying that! It is actually the alcali metals from the first row of the periodic table that reacts with water and explode, magnesium in is the second row. It will just deteriorate just like Iron produces rust in water. - A chemist
Gold looks 100x better than silver (which looks like tin or pewter lol) or platinum (the gaudy silver). Gold over those metals any day.
Platinum and even its name is cold and depressing asf. I wouldn't wear it around my neck if I was paid for it.
"Brought to you by BOEING"
People get annoyed by advertisements in videos, but I use them as a success 'o' meter. Being sponsored by Boeing is pretty damn impressive :D
+Lizard280Gaming I would pay them in Bitcoin if it meant that they no longer had ads. They could get on Alexandria maybe... blocktech.com
HAPPY BIRTHDAY JULIA! :)
Mining active volcanoes? That's some super villain shit right there.
just softly tame and herd a few gold rich asteroids back to earth and gold value will plummet.
+Seventh Universe Or how about we all just mine some cryptocurrencies instead? (why did I say this 5 years ago? what point was I trying to make?)
well hello there, I love Finland and you are cute, can we hook up?
nope
Suvi-Tuuli Allan how about my lesbian sister she is interested
Thanks but I have what I need methinks
She sounds like trying to argue while trying not to cry
Gold's chemical symbol is AU. Australia is the best done!!!!
Crikey
only aboriginal Australians
"Brought to you by Boeing" at the end had me cracking up
Never been a fan of gold. Silver and platinum are where it's at. Way more classy looking. Gold looks too gaudy.
joecugo That's because I'm made of stupid gold.
what about white gold?
RedStefan That's fine. Basically looks the same as platinum/silver.
+RedStefan Isn't White Gold just the commercial name for Platinum?
+Hassan Selim maybe it is used to name platinum, what I know is that white gold is a mixture of gold and some other metals(not always the same metals) to make the gold luke whiter, still nit as white as platinum or silver.
There a mixture called rose gold and yeah it has gold in it too. Just google it, yellow gold is what mostly reffer to gold that is a mixture as well mostly with copper. Gold it's too soft to be used on it's own that's why we have other mixture. Unlike the jewelry made from platinum, silver or other metals.
Gold currency gave insentive to mine iron; they are found together. A surplus of iron is valuable for arming armies, beyond that scope there was no insentive to mine any more than a plow horns' worth.
this reporter deserves it rough
?
Are you some sort of bloody lunatic?
Your videos are always GREAT for trolling my boyfriend (who is completing his PHD in catalytic chemistry), he HATES them- especially when you talk about space.
Imagine aliens that don't have the same concept of rarity=value coming to earth, they would think we were so primitive.
or they value another metal like copper and start stealing our wiring and pennies (even though they contain very little copper)
I don't see how that would be possible. I think supply in demand isn't only a human thing, but would be a thing for any sentient alien. So long as another species is smart enough to build things and own things that aren't directly related to their basic needs, supply and demand would come into play, because everything is finite. This could be slightly different if an alien race could manufacture gold or any other material from any other base material (like water), but that may not even be possible, and definitely super advanced if it is.
+Bounsingonbongos1 This reminded me of a random conspiracy theory were some people believe modern humans were created by aliens that influenced the DNA of primitive man. Apparently they needed us to mine gold which had some sort of anti-ageing properties for them...
..... now that would make it rare and valuable.
FrozenEternity alien1:we need workers but the AI craps out when mining
Alien2: why dont we make other creatures do our work?
Alien1: like what?
Alien2: those hairy four limbed things look like a good start.
Alien1: you are a genius!
+Bounsingonbongos1 you know I'm pretty sure that they would look at us like we look at birds. Some birds like to decorate their nest with various things, create dances or some other display which is fascinating to see. In the same way the aliens might just consider that using something shiny like gold is a part of our mating rituals rather than primitive in the same way that we see a bird find certain pebbles or debris as part of their aesthetics. I'm sure aliens got their own mating rituals don't you think maybe with tentacles?
My most precious thing is my phone
Water is more valuable
You will need gold to buy water
No; most of this planet is made of water, so water is veeeeeery cheap.
Water is more necessary; that's another thing.
natjam13 not if you have stocks of it you don't
Carry an ounce with you everywhere you go for a week. You will discover a secret more precious than gold
Like what? :O
Does it have to be visible to others? Or can I keep it somewhere like in my purse?
@@OutragedPufferfish I kept it in my wallet in my pocket. The closer to your body the better
@@richellereynolds881 It gives you confidence?
@@OutragedPufferfish 😊 no. you must try the experiment yourself and you will answer your question
you are rare and pretty julia
Gold is old. You want to bling, brighter is tighter.
I guess it has something to do with aliens.
2:50 - So in other words, gold is valuable because humans have decided it's valuable.
Exactly. Diamonds too. Neither are rare.
Gold comes from the death of a star, supernova.
3:23 my most prized possessions are my *Tombow 56185 Dual Brush Pen Art Markers, Bright, 10-Pack. Blendable, Brush and Fine Tip Markers Tropical* and of course my Shrimp Sister
So, if gold is so precious, then why keep the railway company (especially the Dutch one) saying their copper overhead lines are being stolen?
I'm Dutch and my bikes keep getting stolen. They must be more valuable than gold!
Aliens luminati confirmed
thats a bold claim, and wait until the truth seeps out. you will see, as I have that the world is a lot more different and weird than you assume. aliens may infact be real... dont doubt what you dont know. and dont doubt what thousands of years of human existence and experience has to say. the ancient people were not dumb and they its hard to discard and rewrite all of human existence and say they were wrong, because even science today is showing many outdated beliefs and "facts" to be true and factual
Yes, gold is pretty, but it's not as rare as they make us believe it is. Have you entered a small jewelery store in your hometown? We have at least 20 of these stores here in my town, and the amount of gold in each is huge. I remember a lady bringing an armfull of necklaces of all different sizes, and that was just one small part of what they have. I can't even imagine what they have in a big store in Dubai, for example. There are many conspiracy theories outthere around gold, and some of them are pretty good.
Doesn’t mean there’s a lot of actual gold in the jewelry.
@@donsilverson9927but the lady brought out an armful so it must be plentiful.😂
Currency is supposed to represent a transfer of credit for value rendered. Wealth is created by labor. Yet we are meant to believe that gold has inherent value- even before its only real use in electronics and spacecraft was discovered. There is something missing in the story of humanity's obsession with gold.
pretty sure Platinum is less reactive than Gold
Platinum is also much rarer as far as I'm concerned.
The only gold I've even personally owned is in my electronics if that even counts.
gold is also rare because it's not made inside stars. It's only made in supernovae explosions. So, there's less of it in the universe as a whole than say, Iron.
+Patrick Melody This is pure statist brainwashing.. "Because it's rare, and pretty. The end."
REALLY? THE END?
You forgot to mention the REASON WHY GOLD IS SOL VALUABLE: It can not be reproduced by thieves, and it will never corrode or lose value! Governments will never have supernovae until we have anarchy at least.. This is what makes gold VALUABLE AS AN INVESTMENT and this is where MOST GOLD by far is, stored as investment.
This video is blatant propaganda to point away from the FED inflating the hell out of the dollar.. Brainwash people that sound money and economic policy is nothing more than "pretty" is very stupid.
The technological abilities of gold were not even mentioned. It's excellent conductivity, etc.. It's extremely valuable in industry. You like your cellphone? Fuel injected car? THANK GOLD. Fuck this god damn channel. How does this have so many likes? I don't understand.
There's a lady who's sure all that glitters is gold. And........
mmm i saw a video about things that nobody wants you to know and then mentioned that there is so much gold on our planet as coal and that most caves and sources of gold were purchased, so they could raise and lower its price.
By this logic brightly colored plastic should be worth millions.
Hello my jewish brethren here in chat.
I'm just going to scrap up all the gold from old technology
I thought the paper currency wasn't a choice but a replacement for the gold that was confiscated by the government.
my most precious item is a historic ottoman empire symbol made of silver and studded with 77 half carat diamonds with one 2 karat in the middle. it was a gifted to my great grandfather from a old ottoman royal family. it now lies in a safety deposit box.
the simplest explanation is that gold is shiny and heavy as such it stands out and also it is measurable because of its weight
My chem teacher told me that Gold is so valuable because it doesn’t react with other metals at normal temperature
Disappointing she never touched on the technological benefits of gold. Which leads to questions if ancient technology had a use for it therefore it became ingrained in us as valuable
If u left a gold statue it would be gon in 5 mins
For a moment, I thought I was watching this video at 1.5 X speed
at 50, she winked
believe it or not, aluminium was once cost as much as gold
Gold had a meteoric rise, but it's sitting below 5 year lows and way off the record.
what if all the god that is on earth is just from a giant alien mothership that was using gold for their electrical devices
Tut, tut for not mentioning the industrial uses for gold. About 10% of the world's gold is used for industrial purposes. There's about 50 cents' worth of gold in a typical smartphone.
Ok... thinking that gold came from a meteorite is only a "theory" it is not a fact. The fact that they mine gold deep in the earth and around volcanoes says a lot that the earth makes this precious metal itself.
What Makes Gold So Valuable? because its fucking shiny
gold also conducts electricity the best, that is why there are gold plated connectors. then comes silver, aluminum and 4th is copper. copper is used as wires because it is durable and cost effective.
People saying gold is just a shiny metal. Yeah, and money is just paper, so what's the point?
It's not a rock, it's a mineral.
you forgot that Gold is inert, so it doesn't rust when exposed to oxygen. an important point.
what if I gave you 1 million kg of gold but I have left you on an island where there is no human being and you cannot come back. you would use it as a rock
Gold is not the least reactive metal, that title belongs to platinum. It's not valuable by modern standards "because it's rare and pretty". There is a high demand for gold for practical purposes. Gold is an excellent catalyst, it is a great electrical and thermal conductor, and it is used for certain lenses to block out UV rays.
Gold overall isn't really that rare, the expense is that there's such a demand for it but supply is relatively slow.
let’s just skip over the whole gold standard thing
got a simple, but valid answer here.......because we say so that gold is valuable