Many things over the years have had the word “nano” in their names. Nanotech was all the rage a few years ago, and even old iPods were called “Nanos.” Nano is really just a word used to mean small, usually infinitesimally tiny.
But something new is on the horizon for the nano industry... something that could change not just nanotech, but the whole world.
Never heard of nano gold before? Don't worry, many people haven't, even though most people have actually seen examples of it in their everyday life. Remember those stained glass windows in old churches and cathedrals? The red and yellow colors in the glass actually come from nanoparticles of gold and silver.
More importantly, though, nano gold has been used recently in medicine, even going so far as to help scientists highlight aggressive brain tumors. The nano gold spheres used are measured at less than five one-millionths of an inch in diameter but have allowed the scientists to see and remove brain tumors from the brains of mice with a high degree of accuracy.
The scientists doing these experiments believe that nano gold use in medicine could have farther-reaching consequences than brain tumors. Many believe it could eventually be used to help detect different kinds of cancer and diseases. But the incredible medicinal value isn't even the most exciting aspect of nano gold today...
A Never-Ending Battery
Imagine a battery that would never die. You'd never have to replace the one in your car or your laptop, your phone's battery would never suddenly die on you...
The lithium that most batteries run on has long been a staple of batteries, but lithium will eventually run out. What would the world be like if we could no longer make batteries?
Well, a lab at UC Irvine thinks they might have found a solution to that problem.
Researchers at UC Irvine discovered that gold nanowires can be used to store electricity, something known but never successfully demonstrated until researchers coated the wire in manganese oxide and electrolyte gel. They then cycled it over 200,000 times over four months, without seeing any significant corrosion or loss of power. Usually, batteries die after 7,000 cycles max. And this one is still going strong after 200,000...
It’s lasting about 400 times longer than normal. The scientists at this lab are now working on actually building these batteries, which means they're going to need gold. Even the tiny amounts of gold necessary for these batteries will eventually add up, which is why now is a great time to get investing.
Think about it: batteries power so much of our life. In 50 years, we might be driving cars that only run on batteries. You don't want to miss out on that sweet profit potential, do you?
Now is a prime time to invest in gold. Most investors use gold as a safe haven investment; essentially, when the rest of the markets are going poorly, gold prices jump dramatically. Gold has had a solid rise this year, currently priced at $1,231.30 per ounce and expected to keep rising.
Why has gold been on such a rise? Well, the markets have been all over the place this year. The Brexit vote caused gold prices to jump dramatically, and the Fed has been waffling on interest rate hikes, which causes safe-haven investments like gold to do better as well. With the added concern over President Trump's financial plans, gold is going to continue to rise.
This is also why this gold battery could be so groundbreaking... If the world suddenly needs massive amounts of gold for their batteries, prices will soar even higher.
Don’t worry about missing out when these batteries go on the market; we’ll keep you updated here at Energy and Capital and make sure you don’t miss a thing.