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Stuff You Should Know

SYSK Selects: How Gold Works

Stuff You Should Know

iHeartPodcasts

Society & Culture

4.582.8K Ratings

🗓️ 7 March 2020

⏱️ 50 minutes

🧾️ Download transcript

Summary

As of early 2013, only 161,00 metric tons of gold had been mined in the entire history of the world. Considering about 85 percent of it is recycled, decent chance your jewelry may once have been part of an Incan headdress or Mycenaean face mask. Dive in to gold in this classic episode.

Transcript

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0:00.0

There's so much news happening around the world that we're somehow supposed to stay on top of.

0:05.7

That's why we launched The Big Take.

0:08.3

It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit

0:14.0

to give you some space to think.

0:16.4

I'm Wes Kosova.

0:17.7

Each weekday I dig into one important story and talk about why it matters.

0:23.6

Listen to The Big Take on The I Heart Radio App, Apple Podcasts or wherever you listen.

0:31.2

Good afternoon folks, happy weekend.

0:33.8

You ever wanted to know how gold works?

0:36.6

You're thinking, how does gold work?

0:38.2

It's just gold.

0:39.2

It just is.

0:40.3

Well, there's a lot more that goes into it.

0:42.0

And we talk about all the history of gold, very, very fascinating stuff from February 1, 2013.

0:48.2

How Gold Works.

0:54.0

Welcome to Step You Should Know, a production of I Heart Radio's House Stuff Works.

1:03.8

Hey and welcome to the podcast.

1:05.3

I'm Josh Clark.

1:06.3

There's Charles W. Chuck Bryant.

1:08.0

We're doing this again.

1:09.0

Spend a little while.

1:10.0

Been a little while.

...

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