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Gold Digging
Kirt's Cogitations™ #55

RF Cafe University"Factoids," "Kirt's Cogitations," and "Tech Topics Smorgasbord" are all manifestations of my ranting on various subjects relevant (usually) to the overall RF Cafe theme. All may be accessed on these pages:

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Gold Digging

To understand why gold is deemed a rare element, consider this. All the copper ever mined in the history of the world would fill a cube a little over 1,100 feet per side, and all the silver ever mined would fill a cube about 160 feet per side. All the gold ever mined in the history of the world would fit into a solid cube a little under 60 feet per side. Known reserves for gold are a tiny fraction of those known for copper and silver. For over a decade, gold has been consumed at a rate faster that it has been produced, due primarily to the relatively high cost of extraction versus the low price on the commodities market.

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