YouTube channel Crushit recently crushed a gold bar worth nearly $40,000 provided gold company Baird & Co. Check out the cascading of gold that doing so produced.
Many individuals claim that gold is a good investment. They usually cite economic uncertainty as a reason for owning gold, which is seen by mainstream investing knowledge as a ‘safehaven’ to protect one’s wealth in times of economic crisis.
But, the YouTube channel Crushit doesn’t really care about savings. They care about views. The video got nearly ten million views in just a few days.
The 1 kilo or 32 troy ounce gold bar puts on a show demonstrating golds malleability along the way.
“This will be by far the most expensive crush we’ve done yet here on Crushit,” the host says.
Gold bar came sealed in plastic with corresponding serial number. The bar isn’t huge. More like aperp weight. “Wow it is really heavy for its size of course its one of the most densest and expensive if you drill a hole through it,” he says. “…The things I could buy with this.” The gold acts similar to liquid as its smashed.
The hydraulic press indeed has its way with the gold.
“Wow,” the host says, “just look at that it looks like a gold nugget so cool…
The gold wasn’t destroyed, to be sure. Intead, it could easily be sold for face value or melted again into new bullion product. Sure, something was spent on the totally cool experiment, but not $40,000. Whatever it was, it was totally worth it (for Crushit and the viewers, at least).