It’s important to remember gold is money, but as we focus on gold’s monetary and investment properties, it’s easy to forget the yellow metal has inherent value in and of itself with amazing practical uses.
NASA is currently developing a new telescope scheduled to launch in October 2018. The power of the James Webb Space Telescope (JWST) will dwarf that of the Hubble Telescope, offering unprecedented resolution and sensitivity. According to an article in Forbes, the telescope’s ability to ‘see’ deep into the infrared spectrum will allow it to image the distant universe to as far back as the first galaxies and even the first stars. Gold will help make this amazing imaging possible.
The JWST will feature 18 gold-coated, hexagonal mirrors. Each mirror spans a diameter of 1.32 meters (4.3 feet). According to Forbes, ‘When stitched together in a honeycomb pattern, they form an effective surface that will be 6.5 meters (21.5 feet) in diameter, with seven times the light-gathering power of the Hubble Space Telescope.’
This post was published at Schiffgold on APRIL 6, 2017.
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