because it roxs by alana banana
People don't like gold, they love it.
Because gold sells for a lot of ca$h and its shiny.
They used their wealth mostly for trading because they needed products like gold and ivory
An ounce of gold often looks like a tiny little brick. At times, an ounce of gold will look like several little pieces of gold, not yet melted together.
The gold standard was a system of money where the government owned and kept an amount of gold that was represented by the paper money issued. Paper money was called gold certificates and originally you could present the paper money and be given the stated face amount of gold for it. People like libertarians and strict constitutionalists supported the system, but the US stopped using it.
when gold is relatively cheap, people will buy lots of gold jewellery, when the price of gold goes up, people switch to silver jewellery...sowhen the price goes up, less people will want to buy - cause the demand is "sensitive" to the price...so demand is ELASTIC...
People like gold. When the gold was found, people went to be near the gold.
What backs gold is the fact that we like gold and that gold is used in many applications. Due to there is a limited amount of gold, and people really like gold, gold has a high price.
Not all people like gold. But because they are so rare, people like to find. They sometimes are a hobby for some people. For instant, some are very poor and they went to pan gold. They found a gold and they could trade it for money. That is how some people in the 1840s get rich fast!
Fool's Gold. =.)
they are fake people who like gold
People want to have gold because it is worth alot of money. Like royal people they have it so then we want it too.
the gold only went to the rich people like the pharaoh.
Because gold sells for a lot of ca$h and its shiny.
The name "gold" comes from the Old English word "geolu," which means yellow. This is because gold has a distinct yellow color.
they dug for gold and they traded things like tobacco, gold, fish and spices.
got gold? Gold. Because, let's face it, platinum looks a lot like aluminum and you want people to KNOW you spent a lot.
You can find photos of people with gold teeth from a number of different sources online. Stock photo sites like Getty Images have many pictures of people with gold teeth and are royalty free.