Thursday, January 14, 2016

If someone tells you that you can't 'eat' gold, let them eat cake!

Edible gold has been around since the beginning of time, and for the most part is not detrimental to body chemistry like many 'heavier metals' are.  And one Filipino chef is making anti-gold bugs eat their words by proving that you can eat gold, and in fact, enjoy the consumption.

A Filipino restaurant in Williamsburg, Brooklyn is selling a gold-coated champagne doughnut for $100. Manila Social Club is known for its ube doughnuts, which are purple and cost $40 per dozen. Ube jam, which comes from mashing purple yams, is used in Filipino desserts. 
The golden ube doughnut has icing made with Cristal champagne and it's filled with ube mousse and champagne jelly. The outside is flecked with 24-karat gold. 
Some New Yorkers have apparently been willing to put down $1,200 for an order of a dozen. Gold is trading at $1,075 an ounce. - Business Insider

Yet besides just being used as a form of 'sprinkles' on pastries, gold has also been used in food stuffs like:


According to a report in the Local, the Pan Piña bakery in southern Spain is serving up 400 gram (14 oz.) golden loaves of bread with 250 milligrams of gold dust (value approx. €100) baked in.
The premium on gold bread from the Pan Piña bakery is high as a loaf of their gold bread costs about €117, reflecting a 17% premium over the value of the €100 worth of gold in the loaf.

So next time some paper asset investor tries to tell you that gold is nothing more than a barbarous relic, and when the stuff hits the fan, you can't eat your gold, all you need to do is channel your inner Marie Antoinette and say...

"Let them eat cake!"


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