What Makes Gold So Valuable? 

Fuck gold. I'm saving my bottle caps.

I disagree with liquids not making good currencies, alcohol is the oldest currency

value is a strange concept.

"The Precious will be ours, once the Hobbitses are dead!"

I have a copy of Pokemon Gold. It's in great condition. :)

2:49 for TLDR people

"Because it's rare and pretty" God help us all from this stupidity....

2:13 If you made a golden statue and left it sitting in a public square, it wouldn't be sitting there the next day...

Silver is the second most versatile commodity on this planet behind oil. As well as being used as currency as long as gold. Silver is gonna be the precious metal to bet on if an economic collapse ever did happen.

you forgot to mention the heat shielding, current carrying, uv reflecting characteristics of gold. You only mentioned why gold became popular in ancient times. The solution for more gold is better solved by recycling old stuff with gold in it. Alot of small old electronics we throw away has precious metals in them that should go to recycling facilities to reclaim these precious metals.

0:10 i died

I felt like I was out of breath hearing her talking.

Yeah we moved away from gold backed currency alright, and look how well that turned out.

I prefer the looks of silver or platinum over gold any day. I don't have those metals lying everywhere, but I definitely prefer silver colored things over gold colored things. Jewelry, decor, sculptures, et cetera.

Spending money on jewels is really stupid when you stop to think about it. Of course, most people who do are not very good at this thinking thing or don't have to.

If the world were in an Apocalyptic situation and one group had all life substaning supplies and another group had ALL the Gold, silver, Platinum, Diamonds etc. Which Group would be the best one to be a part of???

To further elaborate on this video here are some fun facts. 1. Gold is an excellent conductor of electricity. Copper and silver both have a lower resistance and therefore conduct electricity better but they both tarnish so gold is the more reliable choice. But the most interesting thing about gold in my opinion is that multiple ancient civilizations that had absolutely no contact with each other used gold as a currency and before the discovery of electricity was useless. why you ask? 2. Some conspiracy theorists believe that our creators are aliens from space that have evolved to the point where they can no longer reproduce. So apparently they spliced their dna onto primates when they first visited earth long ago. They with their advanced technology had many uses for gold and they commissioned us to become a labor force in order to mine it for them in exchange for gifts such as, better brains brought on by all the dna splicing, fire, our first spoken language, and advanced mathematics. (whats weird is that ancient peoples grasp on mathematics was actually surprisingly good and the upper echelon in our hierarchy kept a lot of that information secret. look up the history of sacred geometry. pretty neat.) anyway they say that being taught that gold was highly valuable at the same time we first developed advanced cognitive reasoning kinda stuck with us through thousands of years. But the infinitely more likely and yet infinitely more boring theory is that before electricity gold really had no other uses other than being a currency. Other precious metals tarnish and corrode and therefore cant be stored for long periods of time. it is also rare, has a distinct color, and is rather malleable. making counterfeiting difficult in the ancient world. i personally prefer the former just because its more fun

Gold is a metallic element, not a "space rock". It is valuable because it is rare and can't be made or copied (excluding nuclear synthesis, which in not worth it in gold's case) it is also very useful and inert.

"Brought to you by Boeing" at the end had me cracking up

Julia is my most precious item >:)

1 thing she said didnt make any sense.... if you made a statue of gold it wouldnt look the same in 1000 years, it wouldnt even look the same in 10 years... and the reason is quite simple to explain with science. you see gold is a precious metal that is very expensive and rare (as explained in this video) and even small amounts of it is worth thousands. left outside to the elements the gold will shrink or even lose large chunk over a small period of time because of natural carbon based life forms finding value in the shinny metal... i.e. niggas gonna to steal that shit... science bitches!!!!

It's also because it's very dense therefore it's difficult to substitute other materials without changing it's weight significantly. That is, it's easy to authenticate.

It's rare, easily meltable, not rustable and very shiny, there you go

Gold is excellent for conducting electricity. And It's more dense than lead, so it good for shielding radiation. hehe

lead's toxic properties don't invalidate it as a currency since the concept of currency predates the notion of lead being harmful. and considering that it is both highly malleable AND sweet, it seems like a good candidate for an early currency.

I love gold! Gold is going to be worth a lot more in the near future, once the fiat money we all use is deemed useless! Get as much gold and silver as you can, you're going to need it.

Simple, it's a super material designed by aliens to control our minds. Just like the monolithic figure from space odyssey

She sounds like trying to argue while trying not to cry

Why does gold get more attention than platinum? (platinum is more valuable right?)

HAPPY BIRTHDAY JULIA! :)

Your videos are always GREAT for trolling my boyfriend (who is completing his PHD in catalytic chemistry), he HATES them- especially when you talk about space.

1:03 Pfffft. No big deal. Don’t worry about that part.

Thanks, Julia, our precious golden host!

Yes I love when Julia explains things!!!

Gold is valuable because of its metaphysical properties. Gold can help develop a person's abilities. How it was used also for wireless electricity distribution in early civilizations. Precious metals like silver and copper are used for disinfection and cure of bacterial diseases. These metals are not rare.. people are not stupid enough just to value something pretty. These earth elements can do more to humans aside from aesthetics purposes. And rich people knows the real use of gold that's why they invest and save gold. Thus, a real currency.

"Gold is money; everything else is credit." - J.P. Morgan

No Goldfinger comments really RU-vid. You can do better.

"Because it's rare and pretty. The end." Agreed. I have always been a bigger fan of silver but gold has been growing on me.

I guess it has something to do with aliens.

Gold comes from the death of a star, supernova.

Gold looks 100x better than silver (which looks like tin or pewter lol) or platinum (the gaudy silver). Gold over those metals any day.

I like silver more than gold:)

Gold was used in ancient Egypt as currency around 500 BCE. BCE: Before Cash Existed

"Brought to you by BOEING" People get annoyed by advertisements in videos, but I use them as a success 'o' meter. Being sponsored by Boeing is pretty damn impressive :D

So... Julia really like gold huh?

Never been a fan of gold. Silver and platinum are where it's at. Way more classy looking. Gold looks too gaudy.

Gold is old. You want to bling, brighter is tighter.

Now do "What makes paper so valuable" ...

Gold's chemical symbol is AU. Australia is the best done!!!!

Imagine aliens that don't have the same concept of rarity=value coming to earth, they would think we were so primitive.

Make a gold statue ? 😂😂😂 poor Athena Statue dissappeared

3:23 my most prized possessions are my *Tombow 56185 Dual Brush Pen Art Markers, Bright, 10-Pack. Blendable, Brush and Fine Tip Markers Tropical* and of course my Shrimp Sister

you are rare and pretty julia

just softly tame and herd a few gold rich asteroids back to earth and gold value will plummet.

hmmm sorry for the disappointment, but magnesium in water does nothing, perhaps you should have tried it before saying that! It is actually the alcali metals from the first row of the periodic table that reacts with water and explode, magnesium in is the second row. It will just deteriorate just like Iron produces rust in water. - A chemist

You used Chinese pennies when introducing silver and gold.. those are made of aluminum...

this reporter deserves it rough

Water is more valuable

Aliens luminati confirmed

Mining active volcanoes? That's some super villain shit right there.

My most precious thing is my phone

Rare and pretty. Just like me. I really am priceless.

Gold currency gave insentive to mine iron; they are found together. A surplus of iron is valuable for arming armies, beyond that scope there was no insentive to mine any more than a plow horns' worth.

Value is in the eye of the beholder.

My most precious? Deez nutz.

arent all rocks...space rocks?

As long as there are Indians on Earth, Gold will be valuable. Apart from jewelry and decorations, Gold foil is used in food products like pan, Sweets and chavanprash. That is we Indians can never get enough Gold.

Wrong! Gold IS a store of value. It requires labor and resources to acquire, so in a sense gold is a manifestation of that work in a compact package. Many objects are valuable in this way, but it is the many physical properties of gold that make it useful as money. Now fiat currency.... that is something that only has value because we believe it.

mining under volcanoes in New Zealand is a great idea! I mean what could go wrong?

For a moment, I thought I was watching this video at 1.5 X speed

I’m glad I get to see so many aware people in the comments haha

2:50 - So in other words, gold is valuable because humans have decided it's valuable.

2 chug jugs are more rare

1:40 - I dropped some magnesium strips in water... it got wet... you meant sodium or lithium or potassium? Those are Alkali metals, Alkaline metals like Magnesium don't react violently with water

Ok... thinking that gold came from a meteorite is only a "theory" it is not a fact. The fact that they mine gold deep in the earth and around volcanoes says a lot that the earth makes this precious metal itself.

By this logic brightly colored plastic should be worth millions.

Get your facts straight!

My most precious ' item' is my parrot Gilbert, 😂

Prepare for Galaxy of Fire to become real! Mine all the asteroids!

No DISCOVERY.. You forgot to tell how a dying star, going supernova has about 2min to form gold, before blasting it all over the place! That's why making gold in a lab, with the density of natural gold, isn't possible.. Now bring it guys! :-))

It crazy cool metal and there reason it super valuable it NEVER rusts tarnish or corrode. You could leave a chuck gold sitting in the rain for billion year still going to be just as shiny a billion later. It use in electronics and other industrial applications. Its just useful stuff and more them just pretty to look at.

00:30 NO! THEY'RE MINERALS! JESUS MARIE!!

Tut, tut for not mentioning the industrial uses for gold. About 10% of the world's gold is used for industrial purposes. There's about 50 cents' worth of gold in a typical smartphone.

Yes, gold is pretty, but it's not as rare as they make us believe it is. Have you entered a small jewelery store in your hometown? We have at least 20 of these stores here in my town, and the amount of gold in each is huge. I remember a lady bringing an armfull of necklaces of all different sizes, and that was just one small part of what they have. I can't even imagine what they have in a big store in Dubai, for example. There are many conspiracy theories outthere around gold, and some of them are pretty good.

As an electrician I'm really kind of disappointed how you didn't mention that Gold and Silver are the top 2 most conductive metals. You'd think that particular fact would be of importance All you said was "it's used in Electronics" geez thanks for the insight....

pretty sure Platinum is less reactive than Gold

So you are saying that there is only gold to fill my room vel lets try that out :D

+Dnews Maybe you should make a video explaining why we moved away from Gold backed currency.?

You forgot to mention that ALL US currency is mandated to be gold or silver under Article 1, section 10 of the US Constitution which reads: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

mmm i saw a video about things that nobody wants you to know and then mentioned that there is so much gold on our planet as coal and that most caves and sources of gold were purchased, so they could raise and lower its price.

There's a lady who's sure all that glitters is gold. And........

Cause it's a super stable element, dense, rare, pretty useful, and pretty. We need some form of money and gold fits our needs for an agreed upon form of money. The end.

So, if gold is so precious, then why keep the railway company (especially the Dutch one) saying their copper overhead lines are being stolen?

If I found an old dilapidated wrecked stagecoach deep in the California Sierra woods, along with some old horse bones and a rusty strongbox with some coins from the 1800's; (some of them gold) can I keep it? (I'm asking for a friend)

That tldr though.

what if all the god that is on earth is just from a giant alien mothership that was using gold for their electrical devices

Not sure about the meteorite and space claims but she sure has some unique properties

believe it or not, aluminium was once cost as much as gold

Disappointing she never touched on the technological benefits of gold. Which leads to questions if ancient technology had a use for it therefore it became ingrained in us as valuable

Annunakis needs the gold, exists big amounts of gold on Earth, they based our economy to that mineral so we still working to harvest the gold and they just need to come, take it and make us believe that there is only a very few amount of that on Earth to make them valuable for its "scarcity".