Tagged with “gold” (1)

  1. Gold and the Periodic Table of the Elements : Planet Money : NPR

    The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.

    Why gold? Why not osmium, lithium, or ruthenium?

    We went to an expert to find out: Sanat Kumar, a chemical engineer at Columbia University. We asked him to take the periodic table, and start eliminating anything that wouldn’t work as money.

    http://www.npr.org/blogs/money/2010/11/18/131430755/a-chemist-explains-why-gold-beat-out-lithium-osmium-einsteinium

    —Huffduffed by briansuda 2 years ago