Fool's Gold
What Does Fool's Gold Mean?
A gold-colored mineral that is often mistaken for real gold. Also known as Iron Pyrite.
Investopedia explains Fool's Gold
During historical periods of gold rushes, many less-than-knowledgeable miners would frequently believe that they hit the motherload upon finding a huge cache of fool's gold. Unfortunately, unlike the real stuff, fool's gold is relatively worthless.
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