Its not in every electronic. There are many circuit boards and other electrical devices that dont have gold. This is just a false statement. It is a very good conductor of electricity but that means little for why the ancients valued it, they liked it for a different property. I am surprised joe doesnt know why ancients liked it.
Silver and gold doesn’t rust. Is easy to smelt and work with. Has antimicrobial properties and are super conductors. This combined with being rare and useful in jewelry. Not like a ruby that is only used for jewelry. If you have a gold coin it’s still the same 1,000 years later. What else could you buy that doesn’t decay or rust? Hence it’s used as money.
@@IloveDoubleD I remember that, while we did feel it good at the time, it was complete junk by today's standards. Half the weight was male, it was parched in the sun before shipping, and included woody sticks. Still. Good times. Never complained about not being high enough. Ha!
@@siphotheguy1870 you're correct pure silver doesn't react oxygen (rust). However it does react with sulphur in the air (tarnish). It creates a black residue.
Gold doesn’t corrode core tarnish. Gold, silver & copper the three monetary metal are all diamagnetic an interesting property where the metal slightly repels a magnetic. Makes the magnetic like float. Also goldl It’s very dense, making it easily recognizable when holding it also, it’s a fantastic conductor of electricity. Also if you heat it up or cool it down it retains that temperature for a long time excellent insulator.
It can also be drawn into wire thinner than a hair. It can be beaten into sheets so thin that they're translucent. It's the only metal other than copper which is not coloured silver.
I think gold is remarkable because it does not rust or tarnish, it is very malleable and an excellent conductor of current. Until recently with the discovery of graphene I think gold was the best conductor. (Maybe I'm wrong not an expert) I've even read accounts of the hanging gardens of Babylon using gold wires to power devices similar to Archimedes screws to pump water uphill...
Gold is also very soft, for a metal. It's easily shaped and moulded into jewellery, statues, decorations. Add in it's resistance to rust and it became very a popular metal to make jewellery out of. Many early civilizations were making things out of gold and bronze before other metals.
Gold can only be made from a star implosion/explosion/ super nova. However, I've seen a video where we can now make it in a super collider. 1 gram of gold would take 4.5 billion years and use an unbelievable amount of energy.
@@chrisheinzelmann3814 I used to think of all the ancient astronaut theories as nothing more than some fun for when you're really, really high... Then I got older and heard some even more frightening shit straight from the mouth of a man I respect more than other human alive. Check out a film called **The ObjectIve** You should be able to find it on here. Officially it's a fictional story, but I know some guys who were in Afghanistan at the time, serving in tier one Australian operations, during the very early 00s (some before the towers came down). They swear the script based on tales of a handful of real missions that took place, using Australian and British tier one forces, under the command of US Intel. If I didn't know the C/O of that group of men better than my own brother, I would have thought he'd finally gone over the edge. Nothing I've ever heard him, or his mates talk about has made them squirm, but recounting those stories very much did.
Does NOT 'corrode'. = 'To destroy a metal or alloy gradually, especially by oxidation or chemical action'. Is 'malleable'. = 'Capable of being shaped or formed, as by hammering or pressure'. Is 'ductile'. = 'Can sustain plastic deformation under tensile stress before failure, ie: it stretches without breaking'. Superior thermal and electrical conductivity, ie: it transfers heat and electronic signals extremely well. Gold's utility and durability, combined with exceptional luster, reflectivity, and alluring color make it truly unique. Rarity makes it precious.
because it doesn't rust.....its rare and you can store it forever...it has many uses, but it's too rare and expensive to use in industry....I come from the semiconductor industry and it is very useful there, but too expensive and rare.
Even if you don't think it is pretty, gold is very useful Joe. There is a lot of gold used to get you on my screen with sound. Gold has some special properties as the way it reflects UV-light and infra red. And it never gets dull after a polish. Very few things take and keep shine like gold. Ask King Tut.
Also there is a lot more on earth that’s just what we’ve found. Also a lot of gold on earth isn’t accessible due to its deep in the earths crust/mantle
Precious metals and diamonds are interesting because they're value is most when limited and large in size but most useful in small worthless quantities
What makes precious metals valuable is that they don't oxidize so could be kept in any condition for long time without deterioration. Perfect for currency. Plus now it's used for electrical conduction in electronics. Makes it very valuable
Because it can be beaten into a foil way thinner than a hair. It can be drawn into a wire just as thin. In that condition it can bend extremely without breaking. It’s an excellent conductor of electricity. It’s reflective enough to shield delicate components on spacecraft. And it never oxidizes.
I work in a mine in south Australia where they have found a gold wall underground..meters thick and hundred meters long...theres so much gold that they can't mine it...if they do it'll crash the price of gold to zero...but they do take just enough each year to pay the miners wages
@@7996hobguyI expect the debt to keep increasing with all the migrants getting freebies, all the foreign aid money, frivolous lawsuits govt loses in the tune of millions, reparations. Someone has to swipe their credit card.
I was arguing with my friend about gold i said ammo, alcohol, cigarettes will be way more valuable than gold. No one is trading for gold in an apocalyptic situation 😂
2 verry different things. You don't buy Gold to prepare for an apocalyptic event. You buy Gold to invest your money to have an asset in case of an inflation!
Gold doesn't tarnish or react chemically with anything. It's malleability is extreme and no other metal compares to any of these qualities. The use cases are many but unless we are sending the technology to space or extremely high tech devices requiring zero failures in quality control the metal is best kept in storage. Wait for the future, Gold will step into its use case on a quantum technology product.
I bought my wife a synthetic diamond, it’s much clearer than a real diamond and my wife loves it. My jeweler said he could tell but only because it was too perfect.
The most amazing way of putting it is that all the gold ever mined would if melted together make a cube measuring not even 70 feet on a side. Hard to believe but true. A ton, btw, makes a 14" cube.
We used gold as money due to it's rarity and malleable ability. It has been money for over 5 thousand years. Our currency is subject to massave inflation and deflation. It's true value belongs to those that conjure it in to existence. As Thomas Jefferson said, if we allow banks to print money first by inflation then by deflation our children will wake up pennieless in the streets there for fathers had concord. You can't just print gold or dig it up so easily it must be earned. Honest money, Gods money.
Thats not true the amount of gold that has been mind is way more than that ... But of course we pay rent to the annunaki with it so they are not going to tell you
Gold doesn't tarnish, it comes out of the ground shiny and stays shiny forever. That's why it's valuable. Diamonds are complete horse shirt! Yeah there's tons of diamonds out there, they just control the market so closely it just a fabricated rarity. But if you need industrial grade diamonds for making saw blades and abrasive discs etc., don't worry we have tons for dirt cheap to produce all this stuff. LOL.
Gold has it own gravity. If you place a chunk of gold n the sand next to a larger rock - over time will naturally burrow into the sand under the rock and out the other side. rubies are worth a lot. Just you need them to be raw or uncut for high resell value. Cut stone do not have that high of a price tag.
It appears to be more because pure gold is cut down. Pure gold is rarely used in jewelry. 10 k gold is only 41% gold, it is the minimum amount necessary to call it gold. 14 k gold the most common in jewelry around the world is 58%. 18 k the one in fancy jewelry is 75%.
Ah so those jewelry store clerks have no idea what they are talking about. They told me the whole ring is made of gold. Then is 24K gold, 100% gold?@@Casiotron74
Golds only real valuable use is that it makes a REALLY good electrical switch.. you phone basically requires gold inorder to function at the speeds it does.
Silver corrodes, gold does not. Gold is in every phone and computer on the planet Joe. Its a tiny amount about 60 cents worth but there are a crap load of phones and computers Joe. Also it going to be required for space, and it's used in satellites.
Gold is used in a wide selection of electronic equipment. Its hardly a useless soft metal.. Now, whats interesting to me, is why was it so coveted Before modern technology required it.
modern technology doesn't require it, that's a lie people keep regurgitating, both silver and coper are cheaper and work better. It's just a scam to make you over pay for electronics.
It's symbolic of being ireplicable and uncorruptible. You could leave it at the bottom of the ocean, bring it back up in 1000 years and its qualities would be uneffected.
Wow. "Jamie pull up gold, i wanna see what this shiny yellow nonsense even does for humanity..." *Spongebob man 2 hours later...* "Okay, so its in pretty much everything does everything and is vital in the development of future technologies including space travel... you know what, ive changed my mind, i like this gold stuff..."
J.R. - It is not just cell phones. Add your virtue signaling electric car, solar panel and windmill to the list of unethically sourced "medals of honor".
Gold is extremely conductive, gold atoms are good for the body and there have been studies of monoatomic gold that heals dna and makes people age backwards slightly.
Diamonds were a manufactured scarcity by the De Beers company... The bought all the mines, slowly released them as of they're rare... And put forth propaganda in Hollywood movies... Diamonds are forever... Diamonds are a girl's best friend... This engagement ring isn't a diamond.... Look at that rock... Then they got the rappers in on it... Promoting bling
The amount of gold in the world is "only" the amount that has been mined to date "so far"! It doesn't mean there isn't another 10 times as much or more still in the ground. As soon as price doubles or more, don't you think the mines would be much more active producing more and thus reduce the price again? Don't be fooled.
It became valuable due to not tarnishing. A amazing thing to ancient man and it seemed almost magical so its value went up and that was carried forward and more and more uses were discovered
For money to work and be stable, it has to be rare, durable, divisible, fungible, and portable. Gold hits all of these out of the park. When we all agree to use something as money, it has to have rules and limitations which are super difficult to violate. Gold enforces those rules with real authority. You can't print gold like dollars. You can't flood the money supply because it's so rare. Gold gets its value because of the time and effort humans have to expend to collect and refine it. Until you start the usual f4ckery i.e. diluting the purity of gold coins (as they did when Rome was collapsing) it is inflation resistant like no other means of storing the value of our productive efforts. Gold is not even actually indigenous to Earth: All of the gold found on Earth came from the debris of dead stars... showered here, not originating here. As the Earth formed, heavy elements such as iron and gold sank toward the planet's core. If no other event had occurred, there would be no gold in the Earth's crust. But around 4 billion years ago, Earth was bombarded by asteroid impacts. These impacts stirred the deeper layers of the planet and forced some gold into the mantle and crust.
Gold is more than rare. It effectively and efficiently conducts electrical current. Gold reflects gama radiation and has properties Joe just simply doesn’t understand. Neither one of them understand geology … or real mining practices and principles…and that’s ok. They are creating discussion which is almost absent on this subject on a platform this massive.
thats a lot of reaching and assuming. Im sure he understands gold, doesnt mean he has to care for it or can't think its over rated. Both coper and silver are much cheaper and conduct electricity better.
The fact Joe Rogan does not know how important gold is for computer chips and its conductivity properties shows how ignorant the man is and how dangerous it is that so many people believe he knows what he is talking about.
Gold is valuable not only because it is rare, but it is ductile, non-reactive, conductive, reflective and impossible to make. I like silver for its antimicrobial properties. 🤷🏻♂️
As far as we know.. I don't think the second they started making man made diamonds they let the general public know. Therefore, we will probably find out you can make gold decades after the technology is proven to work.
@@HDVisionsMedia We can make gold from heavier elements it's just stupidly expensive to fire up a particle accelerator to make an almost undetectable amount.
im homeless and i own more pure silver bullion than 95% of the human population will ever be able to own, and i have more gold than what is the lowest amount of gold if every person on the planet got an equal share.
It’s a noble medal? It’s useful in high technology? Come’on Joe. Also, yes, you go over the diamond before you buy it. Are y’all high??? Love your show❤❤❤❤
Mr Joe weapons exist because of its conductivity there are just tons of uses like anything else.Gold also has powers lol.Not really but it sure makes people and groups very powerful
Gold is used in ALMOST every electronic we use. Id say pretty valuable on that aspect alone
Yeah I was surprised Joe didn't know this for as intelligent as he is.
Its not in every electronic. There are many circuit boards and other electrical devices that dont have gold. This is just a false statement.
It is a very good conductor of electricity but that means little for why the ancients valued it, they liked it for a different property. I am surprised joe doesnt know why ancients liked it.
Silver and gold doesn’t rust. Is easy to smelt and work with. Has antimicrobial properties and are super conductors. This combined with being rare and useful in jewelry. Not like a ruby that is only used for jewelry. If you have a gold coin it’s still the same 1,000 years later. What else could you buy that doesn’t decay or rust? Hence it’s used as money.
@@raymondkidwell7135 Silver will rust, we call it patina
Joe thinks diamonds have no use too😂
Zero concept of supply and demand 👍
The funny thing is diamonds are actually pretty common. They just limit the number that go out into circulation so the price is artificially inflated.
Artificial diamonds compete with natural diamonds in the industrial sector.
Nothing says I Love You like a rock dug out of the ground by child slave labor and notorious DeBeers LOL1@@MbisonBalrog
Lab diamond's can be made, can't make gold
👌debeers
@@functionalvanconversion4284 De Beers also have the highest market share of synthetic diamonds.
I remember in high school when an ounce of gold was $300. The same price as an ounce of weed at the time.
gold is 7x the price
and weed is 1/2 the price now.
I remember good weed at 10 bucks an oz. That was the early 70s of course.
@@IloveDoubleD mexican brick at that price, unless you were lucky and got some thai stuff smuggled in by solders.
@@IloveDoubleD I remember that, while we did feel it good at the time, it was complete junk by today's standards. Half the weight was male, it was parched in the sun before shipping, and included woody sticks. Still. Good times. Never complained about not being high enough. Ha!
cigs and a six pack were 2 bucks.@@IloveDoubleD
Silver for spending, gold for saving
High purity gold is resistant to oxidation, so it stays looking pretty and yellow forever. Other metals all "rust". Thus gold was always special.
silver doesn't rust
@@siphotheguy1870 yes it does. We usually call silver rust... patina
@@siphotheguy1870 you're correct pure silver doesn't react oxygen (rust). However it does react with sulphur in the air (tarnish). It creates a black residue.
@@pcproffyThank you that was actually interesting 🧐
Which is why powerful computers use gold in the chips because they wont oxidize and extend the longevity of these very expensive machines.
It's a precious thing because it lasts forever and doesn't tarnish.nothing else does that
thank you
Gold doesn’t corrode core tarnish. Gold, silver & copper the three monetary metal are all diamagnetic an interesting property where the metal slightly repels a magnetic. Makes the magnetic like float. Also goldl It’s very dense, making it easily recognizable when holding it also, it’s a fantastic conductor of electricity. Also if you heat it up or cool it down it retains that temperature for a long time excellent insulator.
Interesting stuff! Thank you!
Attracts not repels.
It can also be drawn into wire thinner than a hair. It can be beaten into sheets so thin that they're translucent. It's the only metal other than copper which is not coloured silver.
I think gold is remarkable because it does not rust or tarnish, it is very malleable and an excellent conductor of current. Until recently with the discovery of graphene I think gold was the best conductor. (Maybe I'm wrong not an expert) I've even read accounts of the hanging gardens of Babylon using gold wires to power devices similar to Archimedes screws to pump water uphill...
Gold is also very soft, for a metal. It's easily shaped and moulded into jewellery, statues, decorations. Add in it's resistance to rust and it became very a popular metal to make jewellery out of. Many early civilizations were making things out of gold and bronze before other metals.
Do you have a source for the gold wires in the garden?
@@Leland-y1d
internet,
therefore,
bs.
I heard silver conducts electricity better
copper is number 2 and much cheaper
Gold can only be made from a star implosion/explosion/ super nova.
However, I've seen a video where we can now make it in a super collider. 1 gram of gold would take 4.5 billion years and use an unbelievable amount of energy.
Joe you should do your research it’s highly versatile and it doesn’t corrode. It’s necessary for certain electronics.
BINGO
not really, its not as good as coper or silver and not really "necessary" other than to make electronics cost more
Same as obsessing over a ancient sword when you can have one made a thousand times better modernly
We mine it for the Annunaki... That's where most of it goes.
Found the pot smoker
Love the story just not sure if it's true
@@chrisheinzelmann3814 I used to think of all the ancient astronaut theories as nothing more than some fun for when you're really, really high... Then I got older and heard some even more frightening shit straight from the mouth of a man I respect more than other human alive.
Check out a film called **The ObjectIve**
You should be able to find it on here.
Officially it's a fictional story, but I know some guys who were in Afghanistan at the time, serving in tier one Australian operations, during the very early 00s (some before the towers came down). They swear the script based on tales of a handful of real missions that took place, using Australian and British tier one forces, under the command of US Intel.
If I didn't know the C/O of that group of men better than my own brother, I would have thought he'd finally gone over the edge.
Nothing I've ever heard him, or his mates talk about has made them squirm, but recounting those stories very much did.
Deep thoughts brother I’ve always felt the same way
@@Mad-v3d What gives you that impression **rips bong**
Does NOT 'corrode'. = 'To destroy a metal or alloy gradually, especially by oxidation or chemical action'.
Is 'malleable'. = 'Capable of being shaped or formed, as by hammering or pressure'.
Is 'ductile'. = 'Can sustain plastic deformation under tensile stress before failure, ie: it stretches without breaking'.
Superior thermal and electrical conductivity, ie: it transfers heat and electronic signals extremely well.
Gold's utility and durability, combined with exceptional luster, reflectivity, and alluring color make it truly unique.
Rarity makes it precious.
because it doesn't rust.....its rare and you can store it forever...it has many uses, but it's too rare and expensive to use in industry....I come from the semiconductor industry and it is very useful there, but too expensive and rare.
As a prospector here in Tasmania gold is in lots of creeks with the right techniques we find it all the time just gotta go look you’ll find it
gold looks amazing, can stare at it for hours.
Because it is common enough to use as a currency but not so common as to create hyper inflation from digging it out of the ground.
Even if you don't think it is pretty, gold is very useful Joe.
There is a lot of gold used to get you on my screen with sound.
Gold has some special properties as the way it reflects UV-light and infra red.
And it never gets dull after a polish. Very few things take and keep shine like gold. Ask King Tut.
Also there is a lot more on earth that’s just what we’ve found. Also a lot of gold on earth isn’t accessible due to its deep in the earths crust/mantle
Precious metals and diamonds are interesting because they're value is most when limited and large in size but most useful in small worthless quantities
Diamonds are used in construction for diamond saw blades
Gold is said to harness and emit a certain energy making it valuable, another reason why some pyramids used to be coated in gold.
Gold was so valuable in the past because it’s easy to smelt, it doesn’t rust or tarnish, it’s rare, and it’s pretty.
Also, it is easy to shape into jewelry
its also poop from the gods, who doesnt want a piece of god poop?
What makes precious metals valuable is that they don't oxidize so could be kept in any condition for long time without deterioration. Perfect for currency. Plus now it's used for electrical conduction in electronics. Makes it very valuable
Because it can be beaten into a foil way thinner than a hair. It can be drawn into a wire just as thin. In that condition it can bend extremely without breaking. It’s an excellent conductor of electricity. It’s reflective enough to shield delicate components on spacecraft. And it never oxidizes.
244 thousand tons of gold has a street value of 17.5 trillion dollars today.
The USA's debt sits currently at 34 trillion
@@kowalabearful With 166 million taxpayers in the US, they each owe $205,000
I work in a mine in south Australia where they have found a gold wall underground..meters thick and hundred meters long...theres so much gold that they can't mine it...if they do it'll crash the price of gold to zero...but they do take just enough each year to pay the miners wages
@@7996hobguyI expect the debt to keep increasing with all the migrants getting freebies, all the foreign aid money, frivolous lawsuits govt loses in the tune of millions, reparations. Someone has to swipe their credit card.
@@brettffff344really? What mine?
I was arguing with my friend about gold i said ammo, alcohol, cigarettes will be way more valuable than gold. No one is trading for gold in an apocalyptic situation 😂
Your friend was right.
In an apocalyptic situation I agree with you 100%.
2 verry different things. You don't buy Gold to prepare for an apocalyptic event. You buy Gold to invest your money to have an asset in case of an inflation!
@@Patrick-np7qq I'm talking like you have a small safe of gold worth around maybe 10k. Idk nut im trading ammo, alcohol, guns, cigarettes for gold
Gold will be good when the dust settles, when the USD turns to crap.
Gold, one of the most conductive of electricity metals we have available. That’s why it’s in every smart device and computer, tv, etc.
coper works better and is cheaper
It’s in every weapons that uses electronics
Gold doesn't tarnish or react chemically with anything. It's malleability is extreme and no other metal compares to any of these qualities. The use cases are many but unless we are sending the technology to space or extremely high tech devices requiring zero failures in quality control the metal is best kept in storage. Wait for the future, Gold will step into its use case on a quantum technology product.
Gold IS money because it is divisible, portable, durable, fungible, scarce, and easily recognizable.
02:20
According to Egyptians etc.
Gold does more then just look pretty
I bought my wife a synthetic diamond, it’s much clearer than a real diamond and my wife loves it. My jeweler said he could tell but only because it was too perfect.
The most amazing way of putting it is that all the gold ever mined would if melted together make a cube measuring not even 70 feet on a side.
Hard to believe but true. A ton, btw, makes a 14" cube.
Gold is used in electronics. That’s why it’s sought after mostly
There is a lot more gold than the public is allowed to know about. Hundreds of thousands of tons. Gold warriors is a good book on it.
We used gold as money due to it's rarity and malleable ability. It has been money for over 5 thousand years. Our currency is subject to massave inflation and deflation. It's true value belongs to those that conjure it in to existence. As Thomas Jefferson said, if we allow banks to print money first by inflation then by deflation our children will wake up pennieless in the streets there for fathers had concord. You can't just print gold or dig it up so easily it must be earned. Honest money, Gods money.
Originally gold was revered as the tears of the gods. A big part of its appeal is due to its traditional association with the divine.
Thats not true the amount of gold that has been mind is way more than that ... But of course we pay rent to the annunaki with it so they are not going to tell you
It’s the hoarding of diamonds that makes them valuable.
Time for Rogan to have a Metals expert on the show ?
SMH. Gold is a necessity for tech. Rubies are easily created, but gold on the other hand must be found.
what do you use gold for ??? wtf Rogan?!?!
Gold doesn't tarnish, it comes out of the ground shiny and stays shiny forever. That's why it's valuable. Diamonds are complete horse shirt! Yeah there's tons of diamonds out there, they just control the market so closely it just a fabricated rarity. But if you need industrial grade diamonds for making saw blades and abrasive discs etc., don't worry we have tons for dirt cheap to produce all this stuff. LOL.
Above ground gold. Nobody knows how much in ground gold there is. Exploration continues.
Non corrosive properties make for the best electrical contacts. Silver is the best delivery source to the contact.
There is far more gold then people realize it's just so small and spread out that it's not profitable to mine at the current price.
Joe is talking completely out of his arse. Doesn't he have researchers?
Gold has it own gravity. If you place a chunk of gold n the sand next to a larger rock - over time will naturally burrow into the sand under the rock and out the other side.
rubies are worth a lot. Just you need them to be raw or uncut for high resell value. Cut stone do not have that high of a price tag.
we are programed by the aliens to seek it out because its the base of technology circuits in every cell phone
What about all the wedding rings and watches? Tooth fillings, computer components, Notre Dame dome? There's more gold than in that picture.
That what I thinking. How the jewelry stores have enough supply? Plus you ever hear of gold schnapps? Or edible gold? How they have enough supply?
@@MbisonBalrog Just think about Trump's toilet and Lil' Wayne's grill. 🤣
It appears to be more because pure gold is cut down.
Pure gold is rarely used in jewelry.
10 k gold is only 41% gold, it is the minimum amount necessary to call it gold.
14 k gold the most common in jewelry around the world is 58%.
18 k the one in fancy jewelry is 75%.
Ah so those jewelry store clerks have no idea what they are talking about. They told me the whole ring is made of gold. Then is 24K gold, 100% gold?@@Casiotron74
Golds only real valuable use is that it makes a REALLY good electrical switch.. you phone basically requires gold inorder to function at the speeds it does.
now, we can turn Human ashes into diamond.
Gold that is accessible is rare, it is likely common in the core of rocky planets.
Silver corrodes, gold does not. Gold is in every phone and computer on the planet Joe. Its a tiny amount about 60 cents worth but there are a crap load of phones and computers Joe.
Also it going to be required for space, and it's used in satellites.
Yea, theres an insane amount of undocumented gold that tons of companies are refining as an untaxable reserve.
Gold is used in a wide selection of electronic equipment.
Its hardly a useless soft metal..
Now, whats interesting to me, is why was it so coveted Before modern technology required it.
modern technology doesn't require it, that's a lie people keep regurgitating, both silver and coper are cheaper and work better. It's just a scam to make you over pay for electronics.
it was thought of as god poop in some cultures, it came from space long ago, gold isnt really from earth.
Gold is only rare on the earth, not in space.
I don’t want a man made diamond! I want one dug out of the earth.
It's symbolic of being ireplicable and uncorruptible. You could leave it at the bottom of the ocean, bring it back up in 1000 years and its qualities would be uneffected.
decree by kings and the ability to use it to extract taxes is why it's historically been money
look up how much Platinum the world has in its entirety.
“I don’t like gold” with big sign at his back in giant GOLDEN letters lol
Wow. "Jamie pull up gold, i wanna see what this shiny yellow nonsense even does for humanity..."
*Spongebob man 2 hours later...*
"Okay, so its in pretty much everything does everything and is vital in the development of future technologies including space travel... you know what, ive changed my mind, i like this gold stuff..."
when sunlight hits gold it cleans the air around it. look it up
Joe, "Gold is money, everything else is credit." Take your time to understand that.
Im sure he does.. maybe you shoulda took some time to understand his point
Gold never rots or decay’s gold is forever water proof
Was gold worth more than silk back in the day?
J.R. - It is not just cell phones. Add your virtue signaling electric car, solar panel and windmill to the list of unethically sourced "medals of honor".
Gold is extremely conductive, gold atoms are good for the body and there have been studies of monoatomic gold that heals dna and makes people age backwards slightly.
Diamonds were a manufactured scarcity by the De Beers company... The bought all the mines, slowly released them as of they're rare... And put forth propaganda in Hollywood movies... Diamonds are forever... Diamonds are a girl's best friend... This engagement ring isn't a diamond.... Look at that rock...
Then they got the rappers in on it... Promoting bling
Gold is used in almost all electronics
"It doesn't do anything " oh poor Jo. 😂😂
The amount of gold in the world is "only" the amount that has been mined to date "so far"! It doesn't mean there isn't another 10 times as much or more still in the ground. As soon as price doubles or more, don't you think the mines would be much more active producing more and thus reduce the price again? Don't be fooled.
an ounce of gold can be flattened and stretch for miles
its the cleaniest metal so thats why its oyster spoons it can be used for surgery
The demand for gold for “tech” will demand that personal possession be undermined in the near future just wait for it!
It became valuable due to not tarnishing. A amazing thing to ancient man and it seemed almost magical so its value went up and that was carried forward and more and more uses were discovered
Its valuable because its rare and its an element so more can't be created.
I have always wondered how much gold is super deep in the earth?
For money to work and be stable, it has to be rare, durable, divisible, fungible, and portable. Gold hits all of these out of the park. When we all agree to use something as money, it has to have rules and limitations which are super difficult to violate. Gold enforces those rules with real authority. You can't print gold like dollars. You can't flood the money supply because it's so rare. Gold gets its value because of the time and effort humans have to expend to collect and refine it. Until you start the usual f4ckery i.e. diluting the purity of gold coins (as they did when Rome was collapsing) it is inflation resistant like no other means of storing the value of our productive efforts. Gold is not even actually indigenous to Earth: All of the gold found on Earth came from the debris of dead stars... showered here, not originating here. As the Earth formed, heavy elements such as iron and gold sank toward the planet's core. If no other event had occurred, there would be no gold in the Earth's crust. But around 4 billion years ago, Earth was bombarded by asteroid impacts. These impacts stirred the deeper layers of the planet and forced some gold into the mantle and crust.
Gold is more than rare. It effectively and efficiently conducts electrical current. Gold reflects gama radiation and has properties Joe just simply doesn’t understand. Neither one of them understand geology … or real mining practices and principles…and that’s ok. They are creating discussion which is almost absent on this subject on a platform this massive.
thats a lot of reaching and assuming. Im sure he understands gold, doesnt mean he has to care for it or can't think its over rated. Both coper and silver are much cheaper and conduct electricity better.
It's God's money... it money because of the amount of effort and labor it take to get out of the ground ... dollar are printed
What if... gold was grinded down to a fine dust and fused to cells like nano type... then this extends life to 40 to 80k years
Gold has held wealth for over 5000 years..nuff said.
Earth has way more gold than you think.
Only a minuscule fraction of gold is laying on the topof earts crust. The rest is within or sunken to its core
The fact Joe Rogan does not know how important gold is for computer chips and its conductivity properties shows how ignorant the man is and how dangerous it is that so many people believe he knows what he is talking about.
Nope. Australia has gold from coast to coast. North America
Gold is valuable not only because it is rare, but it is ductile, non-reactive, conductive, reflective and impossible to make. I like silver for its antimicrobial properties. 🤷🏻♂️
It's not impossible to make gold from heavier elements, it's just not economically viable to do so.
I think that amount of gold is only gold that has been processed. There is far more gold still in the earth.
It’s rare because you can’t make more gold
As far as we know.. I don't think the second they started making man made diamonds they let the general public know.
Therefore, we will probably find out you can make gold decades after the technology is proven to work.
@@HDVisionsMedia We can make gold from heavier elements it's just stupidly expensive to fire up a particle accelerator to make an almost undetectable amount.
The electric conductivity
Everyone has diamonds. Surely not rare
Opal is worth more then gold
Joe Rogan subconsciously loves gold, the proof is in his neon sign. 😂
im homeless and i own more pure silver bullion than 95% of the human population will ever be able to own, and i have more gold than what is the lowest amount of gold if every person on the planet got an equal share.
It’s a noble medal? It’s useful in high technology? Come’on Joe. Also, yes, you go over the diamond before you buy it. Are y’all high??? Love your show❤❤❤❤
A lot of diamonds are not jewelry quality thy use them in tools like blades to cut
There's a simple pen tool that says if a diamond is natural or not.
Nope a simulated diamond will pass the test because it’s as real diamond. That why they require laser etched.
@@lawrencefranck9417
I worked as a loan arranger in a pawn shop. Zircons don't pass.
Slavery isn't totally unavoidable. Might have to pick a better master though
Mr Joe weapons exist because of its conductivity there are just tons of uses like anything else.Gold also has powers lol.Not really but it sure makes people and groups very powerful