Trick is, of the people who are buying gold, almost no-one is buying physical gold. So its physical properties are irrelevant. It's almost entirely being boug

Trick is, of the people who are buying gold, almost no-one is buying physical gold. So its physical properties are irrelevant. It's almost entirely being bought either on speculation that it will continue to rise in price, or as a hedge against inflation. And for that purpose, they might as well be buying giant stone discs that lay beneath the ocean.