4 ms·

So, what do you think the intrinsic or non-monetary price of gold is?

• Symmetry 14y ago
  Gold is useful stuff in all sorts of electronic applications... I'd say at least 4x that of Bismuth or around $50/pound.
  • akavi 14y ago
    So, about 0.2% of its actual value.
    • srbloom 14y ago
      "current" is more precise than "actual"
    • dunmalg 14y ago
      more like 0.2% of its actual COST. His point is that he thinks cost and value are out of sync.
      • jpadkins 14y ago
        actually, wouldn't the cost be the marginal cost to pull gold out the earth? I thought that was around $500/oz.
  • andrewljohnson 14y ago
    That's ridiculous. Gold is far more valuable as a mammalian decoration than as a conductor.
    • bisrig 14y ago
      Gold is a very significant part of electronics manufacturing, especially high end/high rel work. A couple of examples are plating on connectors and switch contacts (corrosion resistance) and ENIG PCB finishes, but there's a lot more where those came from. So while you may feel its value is higher as jewelry etc., its utility is still quite high in electronics.