Why are gold and other precious metals deemed more valuable than food stuffs?

john_s_2

bullau wrote: »

I can store a 1 oz krugerrand in my wallet instead of a condom.

But that condom could end up saving you a lot more money than the krugerrand! :-)

74tnemele

LongTermLurker wrote: »

Damn you beat me to it!

And gold isn't? Gold contacts are fitted where consistent connectivity quality is required because as Masomnia says, it doesn't tarnish.

Gold is hardly used at all compared to silver.

The price of silver has been suppressed so low that its uneconomic to get it back.

Gold is nearly always retrieved so stockpiles are increasing.

Silver is being consumed more than is being mined and is mostly uneconomic to retrieve it all ends up in the sea or on landfill.

dougz_2

drc wrote: »

You can't eat gold...

Funnily enough you can. Sweets were made with it in Medieval times, although the sugar was still the most expensive ingredient.