Noble Metals On Periodic Table

Nosotros've all heard the macroeconomic arguments to own aureate. Today I want to talk about the actual scientific chemic reasons that separates gold from all of the other metals on the periodic tabular array.

I am certain yous volition be surprised past what science has to say.

Showtime, gold is inert which ways it'southward very inactive. It does not react with oxygen like fe does (think rust).

That makes gold anexcellent store of value.

If all the elements in the periodic table were characters in a reality TV evidence, gold would hands exist the most "boring."

Why? Because gold is inert. It isn't hooking up with anyone.

Aye, gilt is the ultimate celibate element.

Let me explain why this is important—chemically speaking, of course.

The Alchemist's History on Hard Money

There are 118 elements on the periodic table, of which gilded is one.

Have abroad the 17 gases (gases are of no value for this exercise).

Also remove the six metalloids, which are elements that don't know if they are a metal or a non-metal since they take traits of both (e.g., antimony, arsenic, silicon).

Thus, we end upward with 90-5 elemental metal contestants on our Currency Reality Show.

Note: For the chemistry nerds among u.s.a., I don't count Oganesson and antimony as metals, call me onetime school. At that place are ninety-five metal elements in the periodic table.

Of the xc-five metals on the periodic tabular array, fourscore-five are "active." This means they are fun to watch on our reality Tv set show because they are always hooking up with another chemical element.

But remember, activity always results in oxidation orcorrosion.

If you want a metal for long term storage value, y'all don't want it to change. You desire it to hold its ain, maintain its integrity, and not degrade.

For case, iron has many useful applications, simply it oxidizes, so rusts. Iron is active and would be fun to watch its disuse on the reality Television set bear witness for entertainment value.

Only it's bad if you want to utilize it as a currency. The coinage will rust away. And the concluding thing you desire is a metallic that debases itself.

Politicians and central bankers don't need any assistance doing that; they practise a wonderful task of making debasement of currency happen on their ain.

The Noble Metals – Gilded, Silver, Platinum, Palladium and…

So that leaves us with what are known every bitthe "noble" metals. Just like at that place are noble gases, (noble meaning "inert"), these metals are not active.

I want you lot to recall of the noble metals as the royalty of all metals . They don't interact with the peasants—the other elements on the periodic table that are always "interacting" with others and debasing themselves.

The noble metals in chemistry are:

Copper,
Silver,
Gold,
Platinum,
Palladium,
Ruthenium, Rhodium, Osmium, and Iridium.

Historically, copper, argent, and gold have been known equally the coinage metals. And scientists deem these 3 as the "real" noble metals because of their electronic structure.

Copper does react with oxygen, which is where the Statue of Freedom got its bluish-green color from.

But the result of copper interacting with oxygen is non corrosion, like rust. Information technology'due south the exact reverse. The procedure is called "passivation," and the bluish-dark-green color is actually a layer of protection that protects the copper from natural debasement.

That is why copper is included in the noble metals. It does "collaborate," but it doesn't corrode. This interaction acts as a protective barrier for the copper, but changes its appearance—damn ii-faced metal!

Silverish is a bit kinky, also. It reacts with sulfide gas in the temper, which causes it to look tarnished.

Removing the tarnish is natural debasement: every time you smoothen the silvery to get rid of the tarnish, you will be removing some silvery, thus pejorative information technology.

The remaining noble metals just aren't practical for use as a store of value.

Not simply are they difficult to smelt and difficult to piece of work with, but they are also too deficient in nature to be able to meet the need equally a store of value.

And they all look kind of ugly, very trivial sex appeal. Think silver, only without the sexiness and brightness.

A blah grey is what the platinum group of noble metals look like.Nobody wants blah!

In fact, all the metals on the periodic table of elements except copper and gold are a variation of grey. Argent is at least a sexy version of grayness. The rest are just variations of a boring gray.

Then That Leaves Usa With Gold…

Gold'due south beautiful color is not just unique on the periodic table, only it also will not change. Aureate doesn't mess with the peasant metals or with the other nobles. Gold does not react with any other chemical element.

And ultimately, that is why gold will always be the male monarch of all metals—and the currency of kings.

Everyone loves aureate. Nobody dreams of winning a statuary medal at the Olympics. It's the aureate metal they desire! In that location are thousands of analogies engrained in our subconscious passed down to us through our families and societies why aureate is the rex of metals.

The purpose of today's was to explain why gilded is the king of metals from a chemical standpoint.

And information technology's the but metal that serves its purpose every bit the all-time shop of value.

Gold Marketplace Update

As I have written several times over the past few months, I did non expect aureate to be a one-way trip.

Gold has risen 47 pct, or $600 per ounce, in the span of less than 2 years. Taking some time to consolidate earlier moving college is of import.

In Katusa's Resources Opportunities, we've highlighted iii resistance points in a higher place $1,900 per ounce that gold needed to concord higher up, which it failed to do and so.

In addition, $1,900 per ounce was a line in the sand, which gold has cleaved below.

In the graph below, you can see that the red trendline remains intact and has acted as resistance since August.

AuTAOct So, what's going on?

The Us Dollar continues to play its role in the price of gold.

On the heels of enormous stimulus packages, the USD has faced high short sale pressure level. The graph beneath shows the current USD positioning.

US Dollar Positioning Chart, USD INDEX, NON COMMERCIAL FUTURES POSITION According to the CFTC, over nine,000 contracts are currently short the U.Southward. dollar.

This has only happened two other times since 2014. Both times, the USD has subsequently experienced a sharp rally.

A rally in the USD would be a headwind for virtually-term gold prices.

Regardless, I expect the aureate market to remain volatile over the coming weeks heading into the U.S. election.

Make no mistake, y'all can apply this volatility to your reward…

If the U.s. Dollar rallies and takes the wind out of the supercharged gilded and silver markets… are you prepared?

Back in Q2 of this twelvemonth, there were screaming bargains in some of the all-time companies in the resource earth.

Subscribers and I were prepared, picking up world-class companies and stocks in price swings that a junior or small-scale cap company normally sees.

In markets exactly similar yous're seeing today, it'southward important you know which stocks y'all're holding are liquid – and which ones are illiquid.

We are not even halfway through the share press spree that resource companies (explorers and developers) went on. These companies are giving central bankers a run for their money (printing).

Subscribers were specifically warned near this and are seeing billions of dollars in market cap wealth destruction.

Information technology's something that we will become further into in the upcoming November edition of Katusa's Resources Opportunities.

With so much FOMO in the markets, recollect Warren Cafe's famous rules of investing: