Is there something I’m Missing about Gold..
Is it valuable because people say it is..
Now if the Reserve Currency of the World was backed by Gold I’d see it’s Value ..
The Reserve Currency of the World is backed by IOU’s not Gold..
So Gold Value is what ..
What people say it Is..
That's a pretty silly analysis. Gold is super valuable due to its molecular qualities. Compared to any other metal, its uses are manifold. The only reason it's not in common use in industry is due to its extreme rarity, so it's only used when you absolutely must have the very best material, and where cost isn't an issue. For example, it's used extensively in interplanetary probes, satellites, etc., because no other element comes close to equaling its useful properties, or is nearly so durable and corrosion resistant in harsh environments. I've only scratched the surface.
