Electronics: Gold is used as a connector material in electronic devices, such as switches, contacts, and connectors, due to its high conductivity and resistance to corrosion.
Jewelry and Watchmaking: Gold is used to manufacture high-end jewelry, watches, and other luxury items, taking advantage of its attractive color, durability, and malleability.
Aerospace: Gold is used in the production of aircraft components, such as heat shields, due to its high melting point and ability to withstand extreme temperatures.
Medical Devices: Gold is used in medical implants, such as pacemakers and surgical instruments, due to its biocompatibility and resistance to corrosion.
Automotive: Gold is used in some high-performance automotive applications, such as spark plugs and fuel injectors, due to its high conductivity and resistance to corrosion.
Glass and Ceramics: Gold is used as a colorant in glass and ceramic production, creating a range of colors from yellow to red.
Nuclear Applications: Gold is used as a neutron absorber in nuclear reactors and other applications, due to its high neutron absorption cross-section.
Electroplating: Gold is used as an electroplating material to provide a corrosion-resistant coating for other metals, such as copper and silver.
Thermocouples: Gold is used as a thermocouple material in high-temperature applications, such as furnaces and reactors, due to its high melting point and thermal stability.
Coatings: Gold is used as a thin coating for other materials, such as plastics and metals, to provide corrosion resistance, wear resistance, and aesthetic appeal.
So Wikipedia has a page does it. Did Wikipedia explain that Gold is very different than silver-- and that just because it CAN be used as a industrial metal doesn't mean that in the investment world gold is seen as an industrial metal?
In the industrial metals world, no one cares what the investment world thinks. And I would caution you to remember that just because you do not have enough gold to use it as an industrial metal has no bearing on how much gold others have. I have see vast warehouses of gold, more than most people know exists on Earth and I can assure you that others do not share your proclivities or anti-sensibilities.
Why is gold not an answer? Maybe not as currency but probably as a store of wealth.
Because the amount of financial transactions in the world cant be covered by gold. Also its hard to pay for something in gold- obviously
Gold's value fluctuates so it is manipulated as well. The only salvation for gold or silver is its manufacturing use value.
Depending on tech in use, won't that make values fluctuate as well?
That won't be the case when futures market no longer set the price.
Yes for silver--industrial, gold is not traded nor seen like that.
Electronics: Gold is used as a connector material in electronic devices, such as switches, contacts, and connectors, due to its high conductivity and resistance to corrosion.
Jewelry and Watchmaking: Gold is used to manufacture high-end jewelry, watches, and other luxury items, taking advantage of its attractive color, durability, and malleability.
Aerospace: Gold is used in the production of aircraft components, such as heat shields, due to its high melting point and ability to withstand extreme temperatures.
Medical Devices: Gold is used in medical implants, such as pacemakers and surgical instruments, due to its biocompatibility and resistance to corrosion.
Automotive: Gold is used in some high-performance automotive applications, such as spark plugs and fuel injectors, due to its high conductivity and resistance to corrosion.
Glass and Ceramics: Gold is used as a colorant in glass and ceramic production, creating a range of colors from yellow to red.
Nuclear Applications: Gold is used as a neutron absorber in nuclear reactors and other applications, due to its high neutron absorption cross-section.
Electroplating: Gold is used as an electroplating material to provide a corrosion-resistant coating for other metals, such as copper and silver.
Thermocouples: Gold is used as a thermocouple material in high-temperature applications, such as furnaces and reactors, due to its high melting point and thermal stability.
Coatings: Gold is used as a thin coating for other materials, such as plastics and metals, to provide corrosion resistance, wear resistance, and aesthetic appeal.
So Wikipedia has a page does it. Did Wikipedia explain that Gold is very different than silver-- and that just because it CAN be used as a industrial metal doesn't mean that in the investment world gold is seen as an industrial metal?
In the industrial metals world, no one cares what the investment world thinks. And I would caution you to remember that just because you do not have enough gold to use it as an industrial metal has no bearing on how much gold others have. I have see vast warehouses of gold, more than most people know exists on Earth and I can assure you that others do not share your proclivities or anti-sensibilities.
where are these vast warehouses of which you speak ?
Russia. If I had to guess I would guess that they are the largest gold deposits in the world.
Assume about me all you want -- ASS U and ME
I don't have to ASS U ME anything about you. You told me your position.