3 ms·
> what's the intrinsic value of gold Gold is 1 out of 3 metals in the ENTIRE periodic table that posses the qualities which made it plausible for using in trad
by powertower 13y ago
> what's the intrinsic value of gold
Gold is 1 out of 3 metals in the ENTIRE periodic table that posses the qualities which made it plausible for using in trade, holding value, and being a universal standard (does not normally de-compose or react, is not radioactive, solid, pliable, rare, minable by standard technique, etc). The other 2 were silver and platinum.
Gold has held its purchasing power for thousands of years.
That's its intrinsic value.