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Old 01-16-2012, 12:30 PM   #43
Wormius
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Are people really that worried about a banking collapse or an apocalypse that they'll need gold to use as currency?

Gold is used in a lot of high-tech industries in component manufacturing, but instead of focusing on the collapse of the world, but there are a lot of other minerals that are used in electronics manufacturing that are becoming more and more rare. If people want to continue being able to buy smart phones and flat panel tvs, it might be worth looking into researching companies that mine those minerals.

I find it strange that gold has surpassed the price of platinum and palladium. An explanation of this would be interesting.
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