I have always wondered about the absolute value of gold.
There are industrial/electronic uses for gold, but as a useful material gold is not the most ideal. No, it doesn’t oxidize, but it’s soft and is easily worn.
Just thinking out loud.
See # 18.
It’s used to make ormus to facilitate inter/extra- dimensional travel and elevated states of consciousness.
The reason gold is valuable is because it fits the criteria of what would be a good medium of exchange pretty much better than anything else. Silver is a close second though.
This article is somewhat good at explaining it. I could write such an article myself but it would take too much time.
Sorry addendum...
Silver has basically all the same properties of gold except silver is also CRUCIAL for industrial and electronics use. If all the gold disappeared tomorrow nothing much would change. If all the silver disappeared we’d probably go back to the stone age as many electronics and industrial processes require silver.
I’m pretty sure both the price of gold and silver are artificially suppressed by governments for a bunch of reasons which should eventually result in the price of gold and silver going through the roof (especially silver).
I personally found this area of research to be interesting. Here’s a link if you want to pursue it further.
http://www.silverbearcafe.com/private/home.html