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BBC explains gold's suitability as money and its unique color
11:32a ET Sunday, December 8, 2013
Dear Friend of GATA and Gold:
The British Broadcasting Corp.'s news magazine program yesterday explained why gold, as an atomic element, is so suitable for monetary purposes, but maybe the most interesting part of the program told why gold's color is unique.
The explanation came from Andrea Sella, a professor of chemistry at University College in London:
"Gold's golden colour has been a mystery until very recently, says Andrea Sella.
"The secret lies in its atomic structure. 'Quantum mechanics alone doesn't explain it,' he says. 'When you get to gold you find the atom is so heavy and the electrons move so fast that you now have to include Einstein's theory of relativity into the mathematics.
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"'It is only when you fold together quantum mechanics with relativity that suddenly you understand it.'
"Unlike other metals, which in their pure form reflect light straight back, gold molecules 'slosh around a little,' Sella says, with the result that gold 'absorbs a bit of the blue spectrum light, giving the light that is reflected back its distinctive golden color.'"
The BBC report is written by Justin Rowlatt, is headlined "Why Do We Value Gold?," and is posted at the BBC's Internet site here:
http://www.bbc.co.uk/news/magazine-25255957
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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