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How can it have investment value when it costs a lot more to make than real gold costs, and an expert can tell it from real?
Like synthetic diamonds, it has industrial use, but synthetic diamonds are dirt cheap and have really helped industry in cutting and polishing operations. They have found a big niche in costume jewelry because they are so cheap.
Synthetic gold isn't used that way because you can buy real gold in larger quantities and it's cheaper to buy and use. It, like synthetic diamonds, can be distinguished from the real thing.
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I think you misread my intent this time. In the here and now, synthetic gold is not economically viable and there is no danger of it driving real gold to zero worth. I am in agreement with your quoted statement.
Keith