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<p>[QUOTE="fatima, post: 1338928, member: 22143"]You guys are getting upset to a question which has no correct answer. I tried to give one as it relates to this topic in that does stock have intrinsic value like gold? Answer NO. I've It has none for the simple fact that common stock isn't non-negotiable as demonstrated by the bankruptcy laws. A single stroke of a judge's pin, and the stock has no value but the company can go on. I've quoted the relevant SEC statement to this effect. ANY investment that can be zeroed out simply by moving a pen on paper has no intrinsic value. Intrinsic value is absolute. It's either there or isn't. </p><p><br /></p><p>Note that gold does not have this issue which is what this entire topic is about. No judge can declare you gold worth $0. No inept management can make your gold worth 0$. No lax regulation can make your gold go to $0. That is, if you were sensible enough to purchase coins or bullion and take physical control of it. Promises to hold your gold have the same intrinsic value as that of stock, $0.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1338928, member: 22143"]You guys are getting upset to a question which has no correct answer. I tried to give one as it relates to this topic in that does stock have intrinsic value like gold? Answer NO. I've It has none for the simple fact that common stock isn't non-negotiable as demonstrated by the bankruptcy laws. A single stroke of a judge's pin, and the stock has no value but the company can go on. I've quoted the relevant SEC statement to this effect. ANY investment that can be zeroed out simply by moving a pen on paper has no intrinsic value. Intrinsic value is absolute. It's either there or isn't. Note that gold does not have this issue which is what this entire topic is about. No judge can declare you gold worth $0. No inept management can make your gold worth 0$. No lax regulation can make your gold go to $0. That is, if you were sensible enough to purchase coins or bullion and take physical control of it. Promises to hold your gold have the same intrinsic value as that of stock, $0.[/QUOTE]
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