Why Gold Is So Expensive | So Expensive

  • Am Vor 3 Monate

    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

The Rainbow of Life 592
The Rainbow of Life 592

It looks nice and is hard to get

Vor 12 Stunden
Kid Thomas
Kid Thomas

Universal currency period..

Vor Tag
Curry
Curry

gold has an emotional property to it, it is also rare. but creating a gold standard long ago (only allowed to convert in US dollar) has kept the idea of wealth in physical form. i would watch the price of gold, and invest at your own risk

Vor Tag
LunarFlare 32
LunarFlare 32

1:21 but not on *MINECRAFT*

Vor 2 Tage
Nathan DuBay
Nathan DuBay

Word of advice: Be careful who you get your gold coins appraised by. Last guy I went to kept telling me it was "chocolate"

Vor 2 Tage
VEEJAYBAGO RAGEGAMER
VEEJAYBAGO RAGEGAMER

Ohh i thought gold represent greed like me

Vor 4 Tage
Benjamin Khuu
Benjamin Khuu

Two neutron stars gives Earth trillions of golden nuggets around 3.9 billion later: earth gives 0.000000001% of it back through a rocket

Vor 5 Tage
Dan The Man
Dan The Man

Buying gold is easy, I encourage everyone to do it

Vor 5 Tage
CK Boulevard
CK Boulevard

This video didn't answer the question it asked.... The real answer is that gold has been money for thousands of years. The paper currency we have are only the receipts for gold that we interchange with each other. There is still a shadow gold standard in the central banks of the world. USA has the most gold, andChina, Russia are scrambling to accumulate more to make their government and money more powerful

Vor 6 Tage
Johnathan Piffington
Johnathan Piffington

I LOVE GOOOOLD THE LOOK OF IT THE FELL OF IT THE TASTE OF IT I LOVE GOLD SO MUCH I LOST MY WINKIE IN AN UNFORTUNATE SHMELTING ACCIDENT HENCE THE NAME GOLDMEMBER

Vor 6 Tage
Pete Kalibo
Pete Kalibo

It’s not expensive, it’s cheap at the moment. The real value will come as our current fiat currencies go the way all fiat currencies in history have gone.

Vor 7 Tage
Taha HASMADEN
Taha HASMADEN

Life hack how to flex to have a gold: get a foil ball and gold spray and spray it over it :3

Vor 7 Tage
Hotboy Wayne
Hotboy Wayne

Its for the gods

Vor 7 Tage
Guido Mista
Guido Mista

We eat gold we shit out gold

Vor 7 Tage
rima Khalid
rima Khalid

i want a truck of gold 😍

Vor 9 Tage
rima Khalid
rima Khalid

please translate in urdu

Vor 9 Tage
OCULUS
OCULUS

Because it’s gold. The end.

Vor 9 Tage
Michael Michael Motorcycle
Michael Michael Motorcycle

Silver and I’ll become even more desirable and useful

Vor 9 Tage
Fishy
Fishy

It's expensive because of the probability of gold being formed in a dying neutron star is unfathomably small. So it's further chances of landing on Earth is a cosmic improbability. It's expensive because of its scarcity in the current observable universe

Vor 9 Tage
Kostas Drakakis
Kostas Drakakis

The Lamborghini with the gold cover or original ,does it cost 330.⁰⁰⁰ $ with the golden cover or only the gold cover ? Does the authentic golden one cost 330k? Or with golden cover ?

Vor 10 Tage
bearatthenorthpole
bearatthenorthpole

Because they're hiding 80% of the gold driving prices up.

Vor 10 Tage
Koko Nutnut
Koko Nutnut

Don’t use gold for weapons

Vor 10 Tage
Rated R
Rated R

Looks like bitcoin will be the new gold

Vor 10 Tage
roblox war boy
roblox war boy

Umm no gold is not so expensive diamond is the most expensive how about you read a dictionary okay non smarty pants or dum dum

Vor 11 Tage
cosmin me
cosmin me

Thaught is that organic gold story...

Vor 11 Tage
Dejah ಠᴥಠ
Dejah ಠᴥಠ

I personally prefer silver over gold. I don't like the colour of gold.

Vor 11 Tage
Black Forest
Black Forest

A smart Indian invests in Gold , even if he has enough money to buy diamonds.. there's a diff between a stone and a metal.

Vor 13 Tage
Lucy_____
Lucy_____

gold is also practical, for computers and stuffd

Vor 14 Tage
Baba Billu
Baba Billu

Gold is expensive because my wife craves for it.

Vor 14 Tage
Liuhuayue
Liuhuayue

We need to start a gold recycling program.

Vor 15 Tage
Evan Smith
Evan Smith

Title sounds like a migos bar

Vor 15 Tage
עידו קרן
עידו קרן

in 1799, Conrad Reed found gold, we call him MrBeast

Vor 15 Tage
Buy Albino Sulcata Tortoise
Buy Albino Sulcata Tortoise

Cameroonministryofminesandindustry.com/gold-auction

Vor 16 Tage
Evomatic the Wolf
Evomatic the Wolf

You schee Mischter Powersch, I love Goooolllld

Vor 16 Tage
John Grear
John Grear

Gold is real money which has proven to hold its purchasing power over the centuries. So it shouldn't be seen as gold being expensive but why is the dollar not holding its value? When you understand this, central banking and the fiat monetary system you will understand why you should own gold at any price.

Vor 16 Tage
Makayla’s Animations
Makayla’s Animations

But why is it used for food?! Well for me it’s unnecessary

Vor 16 Tage
Jon the Baptist
Jon the Baptist

How many years ? Lol The earth is less than 6,000 years old and Jesus created it

Vor 17 Tage
Mukull Sirohi
Mukull Sirohi

I don't believe it's just 72 cubic feet of gold. It should be more than that.

Vor 17 Tage
Nicole Bradley
Nicole Bradley

I had osnium and then I moved and lost it and it was a lot

Vor 18 Tage
Sleepy boi
Sleepy boi

0:44 Wow that is a very inaccurate map of earth 3.9 billion years ago

Vor 18 Tage
To the Horror
To the Horror

Expensive poop. An item's value is what determined by the circumstances of this planet and its inhabitants. Any resource which is rarer or labor cost intensive to harvest would have fetched a higher value. Same goes with the value of human beings, like Why the Royalty and Presidents are so expensive.

Vor 19 Tage
Fantastical History
Fantastical History

What about asteroid mining? There's asteroids out there literally made out of gold

Vor 19 Tage
clark kent
clark kent

Choose

Vor 19 Tage
Edgar Chairez
Edgar Chairez

You cant eat gold!

Vor 19 Tage
Samuel Duval
Samuel Duval

Its also a perfect element from a chemist point of view

Vor 19 Tage
iluvsilva
iluvsilva

Because gold was used as money and was recognized as a store of value all over the world for more than 5000 years. It will remain valuable because it cannot be printed out of thin air like paper money.

Vor 19 Tage
Hilda Alintria
Hilda Alintria

Because it's limited??

Vor 20 Tage
SevenDeMagnus
SevenDeMagnus

Needed for the next generation electronics.

Vor 20 Tage
Macky Grey
Macky Grey

Because gold never gets old

Vor 21 Tag
Imogen The Best
Imogen The Best

I’m learning about Tutankhamen

Vor 21 Tag
Scharroth
Scharroth

Oh, such a rare, luxurious element which is needed for so many things. Lets EAT it *facepalm*

Vor 21 Tag
veritasfiles
veritasfiles

How can only 55 tons remain in the Earth's crust, when China's annual production alone amounts to between 400 to 450 tons? I think you must've meant 55,000 tons...right?

Vor 22 Tage
DarkMoonStudios Offical Channel
DarkMoonStudios Offical Channel

If u read description yea..

Vor 21 Tag
Suresh C
Suresh C

Indian households holds 25000 tonnes of gold and nothing is spoken about this in the video. And it's piling up year by year. This is the only and main reason why gold is expansive. Don't believe me..? Check out this.. https://www.businesstoday.in/current/economy-politics/indian-households-have-stocked-up-to-25000-tonnes-of-gold-world-gold-council/story/348598.html

Vor 22 Tage
grandes vagabundeos
grandes vagabundeos

I need contributions to buy a gold detector I have a site to explore

Vor 23 Tage
Jwhdus Snhsus
Jwhdus Snhsus

So if eat gold food does your shit become the most expensive piece of shit?

Vor 23 Tage
Texting Stories
Texting Stories

Isn't gold just a cgemicsl element

Vor 24 Tage
Bur-Khan Al-Din Ibrahim
Bur-Khan Al-Din Ibrahim

Reasons:- 1. High conductivity 2. Easy to refine 3. Soft and Malleable 4. Shiny, distinct, easily identifiable lustre 5. Noble metal, doesn't corrode 6. All above characteristics make it a universally useable currency 7. When alloyed, produces much stronger mixtures of metals 8. Can be used to protect other metals from corrosion by plating 9. Used in medicine to cover up sensitive surfaces, again lack of corrosion is useful Need I say more? That's why it's highly valued you idiots at BI.

Vor 24 Tage
Kotoko !
Kotoko !

0:16 That's not real gold....

Vor 25 Tage
Dr Numbnuts
Dr Numbnuts

Gold has pretty much always been used by humanity to store wealth. It’s rare, it’s stable, it’s shiny and glamorous, it’s malleable, meaning it can be easily made into things like crowns. Sure, metals like osmium and uranium may be much rarer, but they don’t have the glamour of gold, plus they are rare to a point that they have little demand compared to gold.

Vor 25 Tage
Harold Hart
Harold Hart

GOLD IS FORMED INSIDE STARS AS THEY FUZE AND COOL.

Vor 25 Tage
002 Darling
002 Darling

Technically wrong. It’s created when stars die or when neutron stars collide as fusion only goes up to iron inside stars as above iron it takes more energy to fuse it than it produces by fusion so stars can’t fuse it.

Vor 24 Tage

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