we CAN use it for conductors, but everyone pretends its valuable, its just another useful metal stop worshiping it.

>>2223520
It's good for contacts because it virtually corrosion proof. But other then that, nothing else.

silver > gold

>>2223994
Um, I'm an artist and designer. Gold is in a retarded amount of things/products all around you. And it isn't just for decorative products or jewelry, it's in paint, fabric, vitamins, pottery/ceramics, books, electronics, cars, etc. etc.

It's a very valuable metal. It is non-corrosive, conductive, stable, simple, flexible, and of course beautiful.

> gold isn't consumed in the production of products.
MFW

See : Electronics.

>>2223455

holy shit.. sure is uneducated store cleric in here

>>2224218
No it's not. It is an incredibly small percentage of gold that is used jewelry, Electronics, snake oil products, the vast Majority of gold is kept in reserves like, Fort Knox and Federal Reserve Building in NYC.

As as conductor for contacts it's perfect because as you just said it's corrosion proof and is a good conductor.
However the metal itself is very weak and soft and cannot be used in any practical applications (wire,switches Jewelry) unless it's alloyed with other metals.

>>2223455
OP, you idiot. Shhhhhh.... don't tell them about the good stuff.

Gold is NOT a commodity. It's a currency. Currencies are not consumed. They are used as means of exchange.
OP is an idiot

Is palladium a good investment?

It's a shit investment because it doesn't gain in real value.

In every recession it follows the exact same pattern: At first there's a spike in the value caused by fears of inflation. A few people get really rich speculating off futures and cash out before the bubble breaks. Then it crashes, a ton of people get soaked (see 1982), and the price goes in the toilet for several years. Gradually it comes back to a historically stable level, then there's another recession and the process starts all over again.

>>2225072
Yes because it's a very important metal, same with platinum which is used catalytic converters.

Investment is always based on what people perceive as valuable. If you want a quicker return than gold, invest in local (to you) farmland that is efficiently irrigated. That is going to rise in value tremendously soon.

>>2225068
What...? America has been off the gold standard for decades.

What other country bases its currency on gold?

>>2225068
It's not a currency. Nobody uses gold as a means of facilitating transactions anymore.

OP pretty much hit it on the spot, however that wont stop people like Glen Beck selling gold to people who think that in Economic social collapse/Apocalypse gold with have any worth.

>>2225115
It'll come back once the US dollar disappears properly.

>Gold is at a RECORD HIGH!
>BUY BUY BUY BUY
3 years ago...
>HOUSING PRICES AT A RECORD HIGH
>BUY BUY BUY BUY

You fuckers never learn

>>2225099
Only if you live in India or China. Overpopulation (the main cause of increased food demand) isn't really an issue in North America or Europe.