Ben Johnson emails:
Thought I'd pass along an interesting new development. The major industrial use for gold (which is rarely recovered) is for interconnect points for PCBs, etc.
A Sweedish company has developed a coating purporting to have all the benefits of gold but at a much lower price.
If this pans out, it could put some downward pressure on the price of gold as early as a ,1.5 years from now.
Here's the background info:
I'm going to do more research this week and see how much gold is actually used for interconnect points, to get a sense for what type of decline in demand might result, if this new plating actually lives up to its claims.