While demand for Gold as an investment has risen greatly historically, and particularly over the past year, recent technological discoveries provide powerful potential for Gold to increase in prominence as an industrial resource. While gold does provide an excellent and relatively safe store of value, its industrial use could rapidly increase its price and universal desirability. Critics of gold have often commented that its prices may be higher than their “market value” because of human convention and tastes. They have created the idea that the use of gold as an investment is regressive and little more than a callback to a bygone era. Their concerns are increasingly neutralized as gold becomes far more widely used in many crucial industries.
