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Pullback dims gold's luster

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Uploaded by on Dec 7, 2009

After losing value two days in a row, analysts are divided over whether gold could be losing its luster.

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News & Politics

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  • Jewelery? useless..

  • yep like 11% of all gold in the world?

  • Just do a quick 3 minutes of research, gold has very practical uses in our modern society.

  • There is an industrial use of gold. Gold is use all the time in electronic devices.

  • It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head. WB

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