Value

Posted on December 21st, 2009 by Jerry under Business, Health, Life, Money and Finances.

I’ve always been interested in history.  I like to watch the history channel and I like to read historical writings.  One of the things that interest me in history is how gold has always been considered a valuable commodity.  I’ve learned that are many uses for gold.  One use for gold  that most of us already are aware of is it’s use historically as money.  I never really understood why the United States stopped using the gold standard – it certainly made a lot of sense to me!

 

In addition to being used as money, gold has been used as adornments in home furnishings, architecture, and jewelry.  It is (was) used in dentistry to fill teeth, or even to replace teeth.  And from what I understand it can be used medically as a treatment for cancer, arthritis, and in transplant devices.  So even though the world no longer uses it as a base for it’s monetary system, it is still a very valuable metal!

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