Gold is all the rage in these tough economic times, but here are some interesting facts about this premier commodity that you may not know. First of all, the Aztec word for gold is ‘teocuitlatl’, which means ‘excrement of the gods’ … I bet you won’t look at your wedding ring the same again now will you?
Gold was actually the first metal worked on by prehistoric humans. One of the main purposes of gold has been in dentistry - not just American rappers with their gold teeth but actually going back to the 7th century BC, from which period artifacts have been found that show gold was used as wires for fake teeth. Gold filings were used and recommended as fillings for cavities since the 16th century.
It’s easy to see why gold used for such purposes. It is extremely malleable and ductile - a one-ounce piece can be stretched out 50 miles long! The thickness of this sheet would be one tenth the diameter of a human hair.
And of course there’s the most obvious use of gold - for aesthetic purposes. Hopefully we’ve pointed out some facts about gold that investment gurus aren’t telling you!