Aurora Acquisition Corp (AURC)

[BonelessCat]

Another driving force that most analysis fail to mention is the increasing demand for industrial use of gold. The greatest and most rapidly growing use is for electronics. Although the amount of gold used in circuitry is miniscule for each device, if you multiply that miniscule amount by 100's of millions of circuit boards and chips you wind up with a rather large number.

In fact, in Malaysia and Indonesia there are reclaimation sites where old computer parts are broken up and materials are recycled. Enough gold is reclaimed to pay the salaries of the workers. The balance of other materials reclaimed then become the profits for the business.

Just something to think about over the weekend --The price of gold is not rising because it makes pretty rings, and rich people want to hold it in vaults. It's rising because the shift from industrial to technological society is a worldwide phenomena and with that shift comes increased demand for raw materials used for technology: biomechanics, nanocircuitry, and space technology. China has an emerging space program.