Frequently Asked Questions about Gold answered by Former Mint Director Jay Johnson
Former U.S. Mint Director Jay Johnson provides the answers people
most often asked when deciding whether to acquire gold. Johnson's explanation of why gold has
been valued for thousands of years can be found below. Beneath the video, you'll find links to
other gold FAQs.
Why Have People Valued Gold for Thousands of Years?
Former U.S. Mint Director Jay Johnson: "I think people have
treasured gold for a long time ever since it was first discovered. Gold has always held value
because a number of its properties. It's the most malleable metal we have. It's also turned into
something of value. It made our first coins. People still have gold coins back from the Greek and
Roman time. Gold has always been a treasure; it has always been of value. People have seen that
value grow. So people look to it as something that they know will keep hold and grow value.
That's why people appreciate gold. They appreciate it in their jewelry, they appreciate it in
antique coins, in collectible coins, and they appreciate it in current U.S.-made
American Eagle
coins."
