China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
I think the fact that it’s very chemically stable is likely a factor as well so it can be stored for effectively an infinite amount of time & it won’t degrade/react, it’ll still be gold.
I think the fact that it’s very chemically stable is likely a factor as well so it can be stored for effectively an infinite amount of time & it won’t degrade/react, it’ll still be gold.
Very good point.
Historically, the value of gold was tied to its “incorruptibility”. It is associated with purity and permanence.
Not if i shove it in the good old fusion reactor