Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)

Gold In Tech: Scientists Develop Coating to Stop Glass From Fogging Up

  by    0   1

Not too long ago, CNBC commentator Jim Leventhal said he had no interest in gold because it has “no uses as a metal.” Of course, this comment is utterly absurd. It goes to show that just because you have an MBA doesn’t mean you have common sense. After all, anybody with an ounce of common sense knows that there are hundreds of uses for gold. In fact, the demand for gold in industry and technology is growing steadily.

Here’s just one example – scientists have discovered a way to use gold to keep your glasses from fogging up.

Researchers at ETH Zurich have developed a transparent material coating that absorbs infrared heat and reduces the fogging effect not only on eyeglasses, but also on camera lenses, goggles, and even windshields. The coating is made from gold nanoparticles embedded in non-conductive titanium oxide.

Lead author of the study, Christopher Walker, explained that “Our coating absorbs the infrared component of sunlight along with a small part of the visible sunlight and converts the light into heat.” This heats the surface up by 3 to 4 degrees Celsius. It is this difference in temperature that prevents fogging.

Since the coating only requires energy from the sun, it is particularly suited for wearable items such as glasses and goggles.

Another member of the team described the uniqueness of the coating.

Normally, it’s dark surfaces that absorb light and convert it into heat, but we’ve created a transparent surface that has the same effect.”

This is just one of the many recent technological breakthroughs using gold. There have been a number of innovations in the healthcare field, including the development of diagnostic tests and a promising anti-malaria drug. And just last year, a team of Chinese researchers announced they were able to partially restored the sight of blind mice by replacing their deteriorated photoreceptors – sensory structures inside the eye that respond to light – with nano-wires made of gold and titanium.

We also see a growing number of uses of the yellow metal in electronics, computers and other high-tech applications.

In fact, demand for gold in tech applications grew for eight consecutive quarters through Q3 2018. Over the past decade, the tech sector accounted for more than 380 tons of gold demand annually. That’s 13% ahead of central bank purchases during the same time period.

So, to say gold “has no uses as a metal” is simply absurd.

We generally think of gold as an investment as well as money, but its increasing use in technology and industry will likely impact demand. The amount of gold used in technology was roughly equal to the amount purchased by central banks between 2010 and 2016. This fundamental driver of demand will only increase the overall value of the yellow metal.

Download SchiffGold's Gold vs GLD EFT's Guide Today

Get Peter Schiff’s most important Gold headlines once per week – click here – for a free subscription to his exclusive weekly email updates.
Interested in learning how to buy gold and buy silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!


Related Posts

Market Review: Improving Investor Sentiment Will Drive Silver Prices Higher

Improving investor sentiment will drive silver prices higher. This was the conclusion drawn from the Metals Focus/Silver Institute Interim Silver Market Review. Metals Focus director Philip Newman presented the data during the Annual Silver Industry Dinner hosted by the Silver Institute. His presentation featured historical supply and demand statistics and provisional estimates for 2019.

READ MORE →

This Is Silver on Sale!

When the Federal Reserve started cutting interest rates last summer, the price of silver surged. The white metal rose 35% and peaked at close to $20 an ounce. Silver has given back some of those gains in recent weeks, primarily due to optimism about a possible trade deal with China. But fundamentally, nothing in the […]

READ MORE →

Is China Becoming the Newest Front in the War on Cash?

five dollar bill on fireBack in 2017, the IMF published a creepy paper offering governments suggestions on how to move toward a cashless society even in the face of strong public opposition. It hasn’t been in the news a whole lot lately, but the war on cash undoubtedly continues. In fact, the Chinese Communist Party (CCP) may be planning […]

READ MORE →

Serbia Joins Central Bank Gold-Buying Spree

Seeking financial and economic safety and stability, Serbia has joined the global central bank gold-buying spree. National Bank of Serbia Governor Jorgovanka Tabakovic recently announced that the bank purchased nine tons of gold in October, raising the country’s reserves to just over 30 tons.

READ MORE →

Inflation’s Up; So What?

Here’s a strange headline for you: “Gold prices near daily highs despite better-than-expected inflation in October.” This headline is bizarre on a couple of levels. First, since when are rising consumer prices and good news? And second, why wouldn’t inflation be good for gold? You really have to buy into the mainstream narratives to write […]

READ MORE →

Comments are closed.

Call Now