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>Can you make anything useful with it, other than some component in electronics? Yes, you can. Gold has uses in dentistry and aerospace as well. For example,
by tsotha 14y ago
>Can you make anything useful with it, other than some component in electronics?
Yes, you can. Gold has uses in dentistry and aerospace as well. For example, a space suit has a really thin layer of gold foil to keep out (some kinds of) radiation.
Also, there's a reason jewelers like to use gold. It's very malleable, so it's easier to make intricate designs. Yeah, that property won't help much in the zombie apocalypse, but in the real world there will always be some amount of demand for gold in jewelry (plus jewelry-like products such as guns with gold inlay).
While it's true 90% of the gold that gets mined goes straight into a vault somewhere it has far more intrinsic value than any fiat currency.