Why Gold Is So Expensive | So Expensive

  • Am Vor 27 Tage

    Business InsiderBusiness Insider

    Dauer: 6:29

    Editor's note: The estimated amount of gold left in Earth’s crust is 55,000 tons, not 55 tons as the video states. Business Insider regrets the error.
    Gold is the shining embodiment of wealth. One ounce can cost up to $1,500. But other metals that are rarer than gold are much cheaper.
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    Why Gold Is So Expensive | So Expensive

Umair Khan
Umair Khan

Because it's GOLD you're welcome

Vor Tag
Stonemansteve II
Stonemansteve II

There's a theory that humans were made by aliens by infusing a primate with alien DNA, and the whole reason was so we could mine gold for them, and that's why we're obsessed with the metal!!!

Vor Tag
Satan
Satan

I heard about this a few weeks ago. It makes perfect sense, seeing how useful it is in technology. Interesting these theories aren't even mentioned in schools or universities.

Vor 16 Stunden
Levincent Gardner
Levincent Gardner

But what happens when there is no more gold?

Vor 2 Tage
Justin Lopez
Justin Lopez

To people that don’t want to watch a 6 minute video for a simple answer... Its expensive because it’s gold...

Vor 2 Tage
CSX7888 King
CSX7888 King

All you have to do if you’re going to PLACER mine like we see in this video to see if a site has gold is 1. Pan for gold 2. Drill a test hole then pan the soil type that traps the gold in it ether with a mechanical device that shakes while spraying pressured water on the gold and uses golds high denseity to sink it into small grooves were the other materials like dirt and loose gravel small enough to fit through the sifting screen out into a Shute to pile on the ground next to the Shute wile the gold collets in a mesh carpet like thing and gets trapped or you can just pan the supposably gold rich material 3. One of the more risky ones is to setup a small scale mining operation and do a test for a certain amount of dirt usually square meters or yards And take the amount of gold 67oz. Divide it by the number of material run for the test 100 yards multiply that by the current gold price example: 1500 67 divided by 100 =0.67 x 1500 = $1005 a yard Oof! Bad example unless ur mining that then very good example

Vor 2 Tage
Steph c
Steph c

I only wear silver.

Vor 2 Tage
Toasted_Tostinator
Toasted_Tostinator

Short answer: It’s rare

Vor 3 Tage
hritik sharma
hritik sharma

5:33 Indian post office gold coins

Vor 3 Tage
Nicholas Dalton
Nicholas Dalton

Instead of buying the physical gold that can get lost or stolen why not buy gold in the stock market

Vor 3 Tage
Yvette Thatcher
Yvette Thatcher

Alright i will

Vor 3 Tage
Gerald Harry
Gerald Harry

Consult Mr Ferris Fitzgerald who has been my trader for over 2 years now. Consultferrisfitzgerald (a) g m å ï l - c ô m

Vor 3 Tage
Yvette Thatcher
Yvette Thatcher

​ Gerald Harry Do you know any expert trader you can recommend to me? to help me make money in stock trading?

Vor 3 Tage
Lakshay P
Lakshay P

​ Yvette Thatcher Get a pro trader to help you invest

Vor 3 Tage
Gerald Harry
Gerald Harry

​ Yvette Thatcher Get an expert trader to help you trader

Vor 3 Tage
User Name
User Name

Everyone should have a ounce of gold each ... Reality = 95% of people have 0%gold 1% of people have 99%gold 4% of people have 1% gold

Vor 3 Tage
Official
Official

How many times bitcoin came to your mind through out this video.. huh

Vor 4 Tage
Issac Newton
Issac Newton

Gold is so expensive because people are f*cking morons. Simple

Vor 4 Tage
نذير يوسف
نذير يوسف

I hate Gold, I’m not a racist.

Vor 4 Tage
Swiss Lady Driver
Swiss Lady Driver

Because it's from outer space and it's Wonderful...

Vor 4 Tage
Calol Argbo
Calol Argbo

Hey thank you for making the entertaining video we don't care about the mistake we owe you for making something interesting in our day especially free and we know these videos are especially hard to edit and create so don't worry about. I am personally glad you actually owned up to your mistake and including it in the description cause i know a lot of people who just wouldn't say anything.

Vor 5 Tage
Free World
Free World

I'm going to kill myself

Vor 5 Tage
I am Bloor, dictator of Uranus
I am Bloor, dictator of Uranus

Not as expensive as printer ink...

Vor 5 Tage
Nico Coronel
Nico Coronel

Why gold is so expensive? *Cause its gold*

Vor 5 Tage
AccessRequested
AccessRequested

Up next : Why dirt is so expensive

Vor 5 Tage
Tata Masley
Tata Masley

Tell about diamonds. Because the price can’t be so expensive.

Vor 5 Tage
Green Eyed Teen
Green Eyed Teen

It's shiny,attractive,gets attention Need more reasons?

Vor 5 Tage
ResortDog
ResortDog

Lets not forget the millions of people who survive off mining as everybody else has to have it.

Vor 5 Tage
Big Ad Boxer
Big Ad Boxer

Invade with me. Institutes are unraveling.

Vor 5 Tage
Samuel Fofana
Samuel Fofana

"and even beef stakes" What. PEOPLE EAT GOLD NOW?

Vor 6 Tage
jub8891
jub8891

platinum is more expensive than gold

Vor 6 Tage
Bani Saho
Bani Saho

Yeah but if I'm stuck in the desert, starving, what's gonna keep me alive? A piece of sammich or a block of gold? Gold really has NO intrinsic value; it only has artificial value ascribed to it by materialistic people.

Vor 6 Tage
Seek Olivares
Seek Olivares

Because some idiots loved it and we worship it now due to propaganda. Same as diamonds, a shiny rock, lobsters aka cockroaches of the sea, etc.

Vor 6 Tage
Top 10 anime betrayals
Top 10 anime betrayals

Invest in gold Wait 20 years for gold to run out Cash out and get rich

Vor 6 Tage
gamer💥wars
gamer💥wars

golds come from paradis iron come from Heaven

Vor 7 Tage
Spondon Khan
Spondon Khan

17% goes to the central banks and 14% towards technology. The rest is Rothschild property.

Vor 7 Tage
HmongNinjatsu
HmongNinjatsu

Vibranium is more expensive

Vor 7 Tage
Lars Petersen
Lars Petersen

That car wasn’t made out of gold you idiot

Vor 8 Tage
John Cardenas
John Cardenas

Hate that the U.S took our California state from mexico, yet California built the whole U.S in wealth.

Vor 8 Tage
A
A

Gold will be worthless. Just ask Quark.

Vor 8 Tage
Dafini Dafini
Dafini Dafini

bitcoin is more expensive than gold now

Vor 8 Tage
Javed Braq
Javed Braq

Becoz gold is used in making ornaments and also used in medical

Vor 9 Tage
VNG Derpity
VNG Derpity

Why water is so wet?

Vor 9 Tage
AnbesaNegus
AnbesaNegus

Bitcoin

Vor 9 Tage
ZIGOY
ZIGOY

Why silver is so cheap?

Vor 9 Tage
SurveyCrest
SurveyCrest

Reason: History, Demand & Supply

Vor 9 Tage
Jonathan
Jonathan

Guys guys guys… there is a simple solution here. Alchemy.

Vor 9 Tage
Adi Miller
Adi Miller

1:42 🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦

Vor 10 Tage
The One
The One

min 5, is wrong, just the USA Federal Gold reserve is more then 72 feet high.... if you put all the gold to a same place

Vor 10 Tage
duck
duck

just make a pigman farm

Vor 10 Tage
Xin Gaming
Xin Gaming

Supply and demand

Vor 10 Tage
Alexander Aquino
Alexander Aquino

But the main problem is the dwarves of lonely mountain, they hoarded most of it

Vor 10 Tage
MilkyyM8
MilkyyM8

Sorry guys, I don't want to cheat but I need money so I'm gonna install an x-ray mod to find gold.

Vor 11 Tage
Bijay Waiba
Bijay Waiba

Why not?

Vor 11 Tage
amal zuhair
amal zuhair

I remember the price spiked in 2002 or 03 and it had something to with its relation to the price spike in petrol but other than I have no clue why the price went up so high.

Vor 11 Tage
David
David

Because it's rare, conducts electricity, shields from radiation and looks beautiful

Vor 11 Tage
Armand De Maupertuis
Armand De Maupertuis

We call that the law of supply and demand.

Vor 11 Tage
We never wanted Tyranny
We never wanted Tyranny

That’s too much Bacon said nobody ever 👍🏻

Vor 11 Tage
Dang it Larry!
Dang it Larry!

dont @ me but silver > gold

Vor 11 Tage
J K
J K

So why don’t the world leaders release the tons and tons of gold they have in reserves instead of making it more scarce and bumping the price up

Vor 11 Tage
Smitty WerbenManJensen
Smitty WerbenManJensen

you answered your own question.

Vor 8 Tage
Aviper
Aviper

Ask an Indian what gold is

Vor 11 Tage
emm_gee12
emm_gee12

But honestly though am I the only one who thinks gold on food is a waste? Like maybe other then the phenom of shitting gold nuggets later. I just dont get it. I understand the whole price drive and flex and ooo look at me with with gold flaked ice cream. But on a steak? Like i just dont get the point other then materialism regarding food. But even that is a poor excuse.

Vor 11 Tage
emm_gee12
emm_gee12

Why is gold so expensive? The short is: because its gold?

Vor 11 Tage
you-tube
you-tube

How can u valuate gold on the basis of "paper "money.gold is gold unvaluable.... I heard during 1980-90 iraq dinar was the one of the most powerful/valuable currency.now the iraq dinar was just a paper ...r u sure in 2030 us dollar will control world economy like today...iam not sure. But iam sure in 2030 gold may remain as gold..

Vor 11 Tage
Sahilpreet Singh
Sahilpreet Singh

Can I get 8 bars I want to make a golden carrot

Vor 11 Tage
Nice Aquino
Nice Aquino

https://youtu.be/tLnjgFLraYc 🐦🕊🦅🌳🍃

Vor 11 Tage

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