Eternal Gold Value

Eternal Gold Value!
There are people that believe that Gold has no essential value and that it is a barbaric relic which does not hold the monetary qualities of the past anymore, believing that paper currency is the money of choice and gold is only good for making jewellery. On the other hand, there are people that believe that gold is an asset with various essential qualities and that it is unique and important for investors to hold in their portfolios.

Most would agree that gold has always had value as a component of decorative jewellery, a sometime currency and as an investment. Additionally, part of the very appeal of gold is the mystery of its appeal.
Gold can stimulate a subjective personal experience, but gold can also be objectified if it's adopted as a system of exchange.

This duplicity is a conundrum that is unique to gold as a commodity. Gold can be something quantitative and tangible, like money, and at the same time, it can embody something ephemeral, like a feeling, even a host of feelings. So, part of the reason that gold has always had value lies in the psychology and nature of the human experience.

Gold can exist as something that is quantitative and tangible while embodying the qualitative and ephemeral. Something about the warmth of gold speaks to our human need for comfort and nurture.

Our ancestors were faced with coming up with a method of exchange that was easier to implement than a barter system. A coin is one such medium of exchange. Of all the metals in the periodic table of elements, gold is the logical choice. We can rule out elements other than metals because a gaseous or liquid currency is not very practical from the standpoint of personal portability. This leaves metals like iron, copper, lead, silver, gold, palladium, platinum, and aluminium.

These metals are prone to corrode over time so they would not be a good value in terms of storage, which is required of coins; and keeping the metals from corroding is labour-intensive. Aluminium feels very light and unsubstantial, not ideal for a coin-metal that could invoke feelings of security and value.

Platinum or palladium are reasonable choices because they are mostly non-reactive to other elements, that is, produce little corrosion, but they are too rare to generate enough coins to circulate. To assign value to a metal, it must be somewhat rare, so that not everyone is producing coins but available enough so that a reasonable number of coins can be created for commerce.

Gold doesn't corrode and can be melted over a flame, making it easy to work with and stamp as a coin. Silver and gold are beautiful metals that are easy to form into jewellery, and both of these precious metals have their own devotees in fine jewellery circles.

Although silver can be polished and textured in multiple ways so as to catch the light and the eye, there remains no metal quite like gold. Unlike other elements, gold naturally possesses a subtle array of unique and beautiful colours. The atoms in gold are actually heavier than in silver and other metals. This attribute makes the electrons move faster, which in turn allows for some of the light to be absorbed into the gold, a process that Einstein's theory of relativity helped to discern.

Perhaps gold's physical quality of absorbing light makes its special shine come literally from within itself.

If the modern paper-money economy were to collapse, gold may not have immediate use, as panic sets in and people fight for their basic needs, but it will eventually.

Gold Provides the Comfort of Sustainability. If disaster strikes, such that paper money and the system that supports it no longer exists, we will revert to gold. Arguably, gold is one of the only substances on earth with all of the qualities for the job, including sustainability.

From an elemental perspective, gold is the most logical choice for a medium of exchange for goods and services. The metal is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it.
Societies and economies have placed value on gold, thus perpetuating its worth.

Gold is the metal we'll fall back on when other forms of currency don't work, which means that gold will always have value in tough as well as good times.