> But non-speculators pay $1323 to fill teeth and conduct electricity. Well, It tends not to be used for fillings any more, and for coating conductors, only a

> But non-speculators pay $1323 to fill teeth and conduct electricity. Well, It tends not to be used for fillings any more, and for coating conductors, only a tiny amount is used. Even then, half the time the gold plating is social value ("Audio connector with GOLD PLATED TIPS!", rather than practical value. Mostly, it just sits in stockpiles, though; it's practical value is less than the value of stockpiling it. > I think gold derives 0% of its price from anything other than its value This is a tautology. However, a large portion of that value comes from the perception of value. It's valuable because people think it's valuable.