I’ve always wondered why Gold is so valuable. You can’t eat it. You can’t build much with it. But yet we call it precious. It is precious and valuable because someone deemed it so. Somewhere in our past people decided that gold could be exchanged for goods and services. In fact countries would stock gold to back up the paper money. Today, individuals still buy gold.
Gold is only precious and valuable because we have made it so. Few things in life are truly precious. I mean precious intrinsically (They do not have to be deemed precious by someone else, they just are precious and valuable). Peter writes: