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<p>[QUOTE=&quot;fatima, post: 1339091, member: 22143&quot;]Inflexion.&nbsp; The bankruptcy example clearly settles the issue of intrinsic value.&nbsp; &nbsp; Stock can be made worthless during a bankruptcy.&nbsp; Gold bullion can&#039;t be made worthless.&nbsp; Hence stocks have no intrinsic value and gold does.&nbsp; &nbsp; The other arguments, as you have said, are nothing but distractions from that.&nbsp;&nbsp; </p><p><br /></p><p>Gold is the hedge against the paper system because it removes your wealth from the paper system.&nbsp;&nbsp; Stocks are part of the paper system and by definition, can&#039;t have intrinsic value.&nbsp; &nbsp;&nbsp; This is why one holds gold coins.&nbsp; It has many many advantages over paper for that reason alone.[/QUOTE]</p><p><br /></p>

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