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<p>[QUOTE=&quot;InfleXion, post: 1339492, member: 29012&quot;]One could make the argument that the only reason that gold has value is because people place value on it. Ultimately it comes down to whatever someone is willing to pay for it regardless of intrinsic value. The difference I think is that the probability of value being placed on gold (a finite resource) indefinitely is significantly greater than something that can be manufactured at will. The value that is truly intrinsic to gold is based on its properties as a metal and its ability to last forever without corrosion which is independent of the value people place on it as a shiny metal or a hedge against currency. The properites it has does make it ideal as money. I think silver has more intrinsic value than gold from a properties standpoint, but not as money. As for stocks and bonds, the intrinsic value is whatever you would have left after the company or government no longer existed.[/QUOTE]</p><p><br /></p>

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