No idea how to even check the veracity of this, but just as a mental thought experiment, imagine the effects to the world in this situation.

Libya, Ukraine, and Iraq being overthrown by the States would still have happened for their primary anti US-hegemony chess moves: going off petrodollar, moving a chess piece too close to Russia when country is not strong inside, and petrodollar again (respectively). But the Empire would have had less of a literal 'gold mine' waiting for them to recoup their expenses after the Storm Troopers brought 'global happiness' missiles to the doorsteps. So I wonder to what degree these events still would have happened.

While you can't change the past, I do wonder how this would effect things in the world going forward. It seems like the general effects could be large as gold could be then used more frequently in cleaners, electronics, aerospace, and health products, and other uses we haven't thought of since the element wouldn't be priced out of range anymore.

It would also be super interesting how this would effect monetary instruments around the world. If there would be a return to gold-backed currencies en masse. Since you could create the currency itself (with some minor difficulty perhaps at a level in between mining and making nuclear weapons) but you are creating an actual usable substance (you could create jewelry, medical devices, etc.) that still has a level of scarcity. And not unlike fiat, where it's up to a 'body' to decide what to create, the only difference with this of course is that it has a tangible use and is not as easy as a piece of paper to be printed (although with technology enhancements, ultimately it may becomce that easy). Ultimately however, this would of course be corrupted, like anything else, if given to a private central bank for production. To avoid that...imagine an easier opensource 3d printed version of this alchemy.

Future project: 3d printed alchemy blockchain