Fungibility Fungibility In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. For example, since one kilogram of pure gold is equivalent to any other kilogram of pure gold, whether in the form of coins, ingots, or in other states, gold is fungible. Other fungible commodities include sweet crude oil, company shares, bonds, other precious metals, and currencies. Fungibility refers only to the equivalence of each unit of a commodity with other units of the same commodity and not to the exchange of one commodity for another, which is barter. The word "fungibility"
Aurum Geyser decreases and increases its interval at regular times during a week. Eruptions last about 90 seconds and range in height from to . An eruption is usually preceded by bubbling in two small vents nearby. On rare occasions, an eruption will be followed by a second smaller eruption 5 to 10 minutes after the primary eruption. Aurum Geyser Aurum Geyser is a geyser in the Upper Geyser Basin of Yellowstone National Park in the United States, on Geyser Hill. Aurum can, at times, be very predictable. Other times it can be very erratic. Observations have led to the theory that