Why is gold a treasure? What are the real (non-monetary) reasons is has value?

[Dennis Leahy]

Scarcity defines value. Well, sort of. Scarcity, along with an agreed-upon illusion/delusion of relative worth, defines economic value.

DeBeers tightly controls the knowledge of the quantity of diamonds and has possession of the vast majority of the world's diamonds, and so they get to (nearly privately and solely) assign a value. Oddly, laboratory-created diamonds can be made more clear, more pure, and thus more rare than a mined gem diamond, yet have a lower value than the "naturally" mined ones. So the final value is influenced primarily by (publicly perceived) scarcity, and not the actual attributes of the stone.

Thousands of years ago, nobility and the ruling class were obviously impressed with gold's color stability - it did not oxidize or develop a patina; it stayed shiny. Easy to be worked with hand tools was a great bonus and possessing the color of the sun gave it extra religious/mystical meaning. But the reason it still so highly prized, even now... ?

Was Sitchen the one that made up the story of an alien civilization sending space-barges to Earth to get gold? And, was he the one that originally made up the tale of Annunaki/gorilla date rape, with the result of making more intelligent bipeds that could be trained to mine and refine gold? Elsewhere on Avalon I had posted:

Posted by Dennis Leahy
"I also think the concept of ETs coming to Earth for gold is hilarious. I am expected to believe that creatures have the technological skills to navigate a few light years to get here, only to succumb to the same stupid "gold fever" that humans do? With our teeny knowledge of ORMEs and transmutation of elements, I am supposed to believe that advanced beings can't figure that one out, and need to come across the galaxy to get gold?"

Just thought I'd mention that, because I do not believe we were externally infused with gold-fever by aliens.

But, somehow, we Earthlings did indeed get gold fever. And, thousands of years later, we still have the "richest" people on Earth with huge stockpiles of gold. It's really very strange when you examine the idea of something being so valuable that is generally not used for much of anything - except trading. An oasis in the desert is a bonafide treasure. Even a single glass of water - to a thirsty person - is a treasure. Vegetable and fruit seeds are treasures. Rich, loamy soil full of healthy soil microorganisms is a treasure. Why is gold considered to be a treasure in the 21st century?

I realize that the physical gold, in whatever standardized form, is able to be traded - and that attribute is a part of the overall picture of the value of gold. But, I can buy a house without handing over any gold, the bank moves no gold, nor does the mortgage holder or the "financial instrument" packager that adds this sale to others and trades a paper/cyber notation called a derivative... Quadrillions of dollars change hands without gold being touched. The US dollar is NOT backed by gold. Rumors are that there is not enough gold in the possession of the US government to have a gold-bscked dollar, even if they wanted to.

So, what is it about gold? Why is it still considered a treasure?

I'm thinking that possibly the best use for gold will be to draw it into wire, and wind motors that will be at the heart of zero-point energy electric generators - generators that might run continuously for millennia. Possibly also to be used in municipal water purification (monatomic/monoatomic/colloidal gold)?

Is there something really obvious that I'm missing? Why isn't gold used for its "best purpose", and what is its best purpose - the purpose that justifies gold being considered a treasure, even in the 21st century?

Dennis

{edit} Please jump to post #10, the topic has changed to "Why is gold a treasure? What is the monetary reason it has value? " : http://projectavalon.net/forum4/show...l=1#post481994

[bearcow]

So, what is it about gold? Why is it still considered a treasure?

it is a physical representation of the divine mind and a transmitter/receiver for the corresponding astral energy.

The Auric Egg, on account of its nature and manifold functions, has to be well studied. As Hiranyagarbha, the Golden Womb or Egg, contains Brahmâ, the collective symbol of the Seven Universal Forces, so the Auric Egg contains, and is directly related to, both the divine and the physical man.

quote from blavatasky

[TargeT]

Gold + alchemy... there in lies the answer; IMO.

[Colla]

I have seen a interview with an Alchemist who was researching the true power of gold.
He would desolve gold untill only a white powder was left. Which he then fed to a person to enhance that person's IQ.

I'm not really sure exactly how the experiment went, it's been a long time ago. But I think it had something to do with the Philosophers Stone or something.


Edit: I've found the video I was talking about.

Source: http://www.youtube.com/watch?v=R7i-SJlGh3M

[bearcow]

Gold + alchemy... there in lies the answer; IMO.

the philosophers stone (which is the Akasha made into physical substance) refines and eventually transforms the base metals into the perfected state in form, gold.

[Dennis Leahy]

Can we revisit this?

I do think gold is valuable, but its real, objective value is probably in its atomic stability and electrical conductance properties. The rich people on the planet don't stockpile antimony, or bismuth, yet they are 3 times more rare and 15 times more rare than gold, respectively. Even silver is 3 times more rare than gold (and conducts electricity better), but oddly takes a back-seat to gold in terms of "value", having a monetary value 1/100th of gold. Rarity is evidently not the reason.

Can't eat it, can't drink it, can't grow food in it... why in the hell is gold still considered so valuable in 2011?

Dennis

[shadowstalker]

here is a site that tells the metaphysical properties of gold
http://shimmerlings.com/gemstones/gold.htm
there are other sites u just need the time to research.

[Kano]

I do believe that the intrinsic value of gold has to do with its metaphysical properties. As Dennis has shown, it's not valuable due to its scarcity because some metals are far more scarce and not as valuable. The alchemists and gnostics of old, before they were sent into hiding and their knowledge became occult, used gold for many different purposes. As mentioned before in this thread, I believe one of those reasons was to create manna, or the philosopher's stone. At it's truest deepest essence, IMHO, gold interacts with DNA either to repair, amplify it's sensitivity, or some other metaphysical advantage. Doesn't it seem to always, in some shape or form, come back to DNA whatever the subject is? Seems so to me anyway...

[BestLion]

Was Sitchen the one that made up the story of an alien civilization sending space-barges to Earth to get gold? And, was he the one that originally made up the tale of Annunaki/gorilla date rape, with the result of making more intelligent bipeds that could be trained to mine and refine gold? Elsewhere on Avalon I had posted:

Sorry but the mining gold to transport on spaceships is just ridiculous! Sitchen was no expert in Sumerian language also! Gold was used for the body and mind and DNA..and possible for inner dimensional usage..Just think of how absurb it would be to use gold for some huge non living planets atmosphere!..It would take more gold then earth has thats for sure..and then transport this gold..OMG the logistics and energy used is beyond belief. Also planet X is a myth used by Sitchen from one source...could be misinterpreted. Also planet X if it is way out there beyond Pluto would be inhabitable to any life forms due to its lack of light, coldness and harshness of conditions. With or without gold.

[Dennis Leahy]

Allow me to flip the conversation, rather than create a new thread:

Why is gold a treasure? What is the monetary reason it has value?

This is 2012, not 1215, 1492, not 1620, not 1776, not 1945... why in the hell would we consciously base "money" (paper/digital) on gold reserves? Bear in mind that the filthy rich HAVE most of the gold, and can play with the price of gold to alter the value of "money." This is NOT theoretical; they have already done it (with silver, on at least 2 occasions in modern history.) Also bear in mind that an empire like the Rothchilds which supposedly has $500,000,000,000,000.00 (yes, I wanted to make a point with all those zeroes) could easily lose 90% of the value of their empire and would still be among the richest on the planet. In fact, if they played with the value of gold (and dropped the value), they would drop everyone's gold value/holdings in the world, so likely, the Rothchilds empire would still be the richest. In chess terms, they could easily sacrifice their queen to win the chess match.

Money is an abstract concept, an agreement. If I trade a kilo of my carrots for a kilo of your potatoes no money is involved. If I trade my carrots for a piece of paper "worth" one gram of gold, I am assuming that I'll be able to find a kilo of potatoes that I can trade the piece of paper for. I don't want gold; I want to make potato soup. Actually, if you take it one more step, the value of gold is also simply agreed upon. The "value" is not real, or a better way to say it is that gold's intrinsic value in not "money backing." It conducts electricity well and it doesn't corrode. It makes awful potato soup.

I do understand why it is insane to allow a government to print money as they need more money: the more dollars "printed", the less each dollar is worth. Having to have a kilo of gold to "print" $5000 dollars does serve the purpose of limiting a government from just printing wildly. But what about all the nations that have very little or no gold? They don't get to play the global trade game? Or at least they could not print their own money (because they have none of the globally agreed-upon "backing" metal.

Is this making sense? Using gold as money backing is ridiculous.

Again, money is an abstract concept, an agreement. Why not make a smarter agreement? Why not make an agreement that makes gold relatively worthless (except in electronics and shiny jewelry), and which automatically takes a great deal of the wealth away from the ultra rich? Each nation should be able to "mint"/print/create money, not just a few power nations. For the sake of argument, let's say that Costa Rica has zero gold. So, does that mean they not only cannot print money that the rest of the world would trade, but they instantly become interdependent/codependent on whoever's currency they agree to use. Isn't that insane?

The US does not have trillions of dollars worth of gold, yet there are trillions of dollars of "money" traded in the US. So, what would happen if the US decided to switch to gold-backed currency? Maybe the least important question (compared to why we would make such a poor decision for our money agreement) is: Where would we even get the gold?

Whatever commodity we agree upon instantly makes some nations (and individuals) rich, and some poor. It seems insane to me to use ANY commodity to back money.

Your thoughts?

Dennis

[wynderer]

the Reptilians need gold to function properly, the way we need Vit C, for instance

as they have given you their minds, you all also accept that gold is special -- yes, i know it has interesting properties, but so does just about everything in this Universe if you pay attention

[Dennis Leahy]

Posted by wynderer (here)
the Reptilians need gold to function properly, the way we need Vit C, for instance

as they have given you their minds, you all also accept that gold is special -- yes, i know it has interesting properties, but so does just about everything in this Universe if you pay attention

I respect your opinion, but regardless even if all humans have some percentage of reptilian DNA, we don't need gold. If all the gold was taken off-world, we would all still be just fine. Maybe I should have started a new thread, because the questions I'm asking are not the same as the OP.

Dennis

[wynderer]

i think i didn't express myself well --

the questions: Why is gold a treasure? What is the monetary reason it has value?

the only value gold has monetarily is the value all Humans collectively agree it has -- if you all stopped believing in the 'gold standard' , gold would lose its revered status

there was a West African country that used to use cowry shells the way the world uses gold

it's all in the mind, what is valuable or what is not

Posted by Dennis Leahy (here)

Posted by wynderer (here)
the Reptilians need gold to function properly, the way we need Vit C, for instance

as they have given you their minds, you all also accept that gold is special -- yes, i know it has interesting properties, but so does just about everything in this Universe if you pay attention

I respect your opinion, but regardless even if all humans have some percentage of reptilian DNA, we don't need gold. If all the gold was taken off-world, we would all still be just fine. Maybe I should have started a new thread, because the questions I'm asking are not the same as the OP.

Dennis

[Dennis Leahy]

Posted by wynderer (here)
i think i didn't express myself well --

the questions: Why is gold a treasure? What is the monetary reason it has value?

the only value gold has monetarily is the value all Humans collectively agree it has -- if you all stopped believing in the 'gold standard' , gold would lose its revered status

there was a West African country that used to use cowry shells the way the world uses gold

it's all in the mind, what is valuable or what is not

Posted by Dennis Leahy (here)

Posted by wynderer (here)
the Reptilians need gold to function properly, the way we need Vit C, for instance

as they have given you their minds, you all also accept that gold is special -- yes, i know it has interesting properties, but so does just about everything in this Universe if you pay attention

I respect your opinion, but regardless even if all humans have some percentage of reptilian DNA, we don't need gold. If all the gold was taken off-world, we would all still be just fine. Maybe I should have started a new thread, because the questions I'm asking are not the same as the OP.

Dennis

OK, we agree. Why isn't this obvious? Why are MANY of the people who want to kill the Federal Reserve bound and determined to kill the Federal Reserve and also go to a gold standard?

The Federal Reserve's main money maker and main problem to the world is "fractional reserve lending", not the fact that the money isn't gold-backed. This seems difficult for many people to grasp.

Dennis

[GoodeTXSG]

It is a wonderful conductor of Electricity, maybe it has esoteric energy conducting properties we do not know about... so back to alchemy.
And lets not forget about Monotomic Gold applications...

[GoodeTXSG]

Posted by Dennis Leahy (here)

Posted by wynderer (here)
i think i didn't express myself well --

the questions: Why is gold a treasure? What is the monetary reason it has value?

the only value gold has monetarily is the value all Humans collectively agree it has -- if you all stopped believing in the 'gold standard' , gold would lose its revered status

there was a West African country that used to use cowry shells the way the world uses gold

it's all in the mind, what is valuable or what is not

Posted by Dennis Leahy (here)

Posted by wynderer (here)
the Reptilians need gold to function properly, the way we need Vit C, for instance

as they have given you their minds, you all also accept that gold is special -- yes, i know it has interesting properties, but so does just about everything in this Universe if you pay attention

I respect your opinion, but regardless even if all humans have some percentage of reptilian DNA, we don't need gold. If all the gold was taken off-world, we would all still be just fine. Maybe I should have started a new thread, because the questions I'm asking are not the same as the OP.

Dennis

OK, we agree. Why isn't this obvious? Why are MANY of the people who want to kill the Federal Reserve bound and determined to kill the Federal Reserve and also go to a gold standard?

The Federal Reserve's main money maker and main problem to the world is "fractional reserve lending", not the fact that the money isn't gold-backed. This seems difficult for many people to grasp.

Dennis

So the reptilians drink the blood of our children, leech our emotional fear energy and pop gold nuggets like we do vitamins? Not to mention all of the other theories and stories out there. This is all speculation as usual… Why does everything have to go back to the Lizy's? They are not the only group visiting here and not the only ones interested in Gold, though there is plenty of Gold to be mined from asteroids and other uninhabited heavenly bodies. Gold of different molecular arrangements, just like we have other elements on the moon and meteors that is arranged differently (Helium 3 etc..). Looking for demons under doily’s much?

[sdv]

Gold does not tarnish or rust; is malleable and almost indestructable; is a good conductor of electricity ... So, it is a very useful metal.

If there were to be a catastrophe, some gold bars would be useful as with your hands and some rough tools you could make thin gold sheets to cover a roof of a dwelling to make it waterproof!!

But I agree Dennis ... gold is mainly used for jewellery and we don't put as much value on jewellery as we did on our primitive past.

[GoodeTXSG]

Posted by sdv (here)
Gold does not tarnish or rust; is malleable and almost indestructable; is a good conductor of electricity ... So, it is a very useful metal.

If there were to be a catastrophe, some gold bars would be useful as with your hands and some rough tools you could make thin gold sheets to cover a roof of a dwelling to make it waterproof!!

But I agree Dennis ... gold is mainly used for jewellery and we don't put as much value on jewellery as we did on our primitive past.

It is also used on spacecraft to sheild against XRays, Solar winds and other charged particles, very thin sheets give a lot of protection. Very good point, thanks.

[sdv]

If gold protects against cosmic rays and so forth then it would be a very useful metal to have on hand if there is a catastrophe in the near future.

I suppose we have always assumed that temples covered in gold are a sign of wealth and implrtance, but maybe we carry in our collective memory the knowledge that it is a metal that has very good practical uses!

A good excuse to start collecting gold jewellery!

[GoodeTXSG]

Posted by sdv (here)
If gold protects against cosmic rays and so forth then it would be a very useful metal to have on hand if there is a catastrophe in the near future.

I suppose we have always assumed that temples covered in gold are a sign of wealth and implrtance, but maybe we carry in our collective memory the knowledge that it is a metal that has very good practical uses!

A good excuse to start collecting gold jewellery!

Hmmm, never thought of that. Interesting point.