4 ms·
Jewelry is just an extension of speculating on the metal. You can make a necklace out of many materials and it will function the same. Cobalt is used more in
by trident5000 6y ago
Jewelry is just an extension of speculating on the metal. You can make a necklace out of many materials and it will function the same.
Cobalt is used more in electronics than gold. The MC is not close to the same. Almost 100% of golds value is from speculation.
- tomjakubowski 6y ago> You can make a necklace out of many materials and it will function the same. How so? Jewelry's function is to look a certain way.
- trident5000 6y agoI can make a necklace look almost exactly like gold but out of another material. The slight difference in subjective aesthetics does not justify a 1000x+ price increase. Its expensive because its a speculation.
- Aunche 6y agoCobalt is also thousands of times of abundant than gold... https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%27s_crust https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth...