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The Science Behind Why Gold Is The Chosen One
2024-03-28
In this video, we delve into the world of chemistry and ask what unique properties does gold have that has made it the ultimate form of money? We compare gold to other elements on the periodic table and explore why it has stood the test of time as a reliable store of value.
Today we know plenty about gold. We know that it is a hedge against inflation, we know that it responds well to uncertain markets, unforeseen geopolitical events and systemic risks. From this we know that it can act as a safe haven and is a borderless currency; accepted anywhere, unable to be devalued by a printing press.
But this wasn’t known in the ancient civilisations who valued it as much as we do. What made them decide it was the ideal form of money and store of wealth? And why has that sentient remained?
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