https://youtu.be/C3O9QaOLpEA

This video explores the reasons behind gold's significantly higher value compared to copper, despite copper's greater practical utility. The analysis delves into economic factors such as rarity and monetary roles, industrial applications, investment demand, and cultural significance. While copper is crucial for modern technology and infrastructure, gold's scarcity, historical importance as a store of value, and cultural prestige contribute to its higher price. The video critically examines whether this value disparity is justified in terms of utility and considers a hypothetical scenario where metals are valued solely on their practical applications. It concludes that while copper may be more useful in everyday life, gold's value is deeply rooted in complex economic and cultural factors. The piece also touches on potential future shifts in relative values as technology and societal priorities evolve. P. Geo. Ricardo A Valls, M. Sc. and Geo Gadfly Valls Geoconsultant ORCID ID- https://orcid.org/0000-0002-5421-0914 Scopus Author ID: 7003369619/35335510700 ResearcherID: S-6604-2018 If you like this content, please "buy me a coffee" https://www.buymeacoffee.com/goldendroplets