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<p>[QUOTE=&quot;medoraman, post: 1340153, member: 26302&quot;]The only point I would make about &quot;intrinsic&quot; is it isn&#039;t absolute, and time will destroy it. Yes, gold has had a value for a long time, but its value is not steady by any means. Its value versus a loaf of bread, a pound of meat, etc has never been fixed. If you have enough gold most likely you could buy a car in 1000 years, but there is absolutely no way of knowing whether it will be 1 ounce or 1000 ounces required. Knowing that, how is there safety in putting aside 100 ounces today? You are guaranteeing SOME value, but no way of knowing if it will be enough.</p><p><br /></p><p>Corporations have simply not been around very long in human history, so to infer in 1000 years ownership of a corporation would be valueless is simply your guess. Its like saying aluminum was not valuable 2000 years ago, (it was unknown), so it cannot be valuable in another 2000 years. </p><p><br /></p><p>If I had to choose to put something in a time capsule for my descendents to open in 1000 years, and my choices were either 1000 ounces of gold, or approximately $1.5 million in stock to be held in a trust, (managed when companies were bought, etc), I would choose the stock every single time.</p><p><br /></p><p>Maybe this doesn&#039;t answer your question directly about &quot;intrinsic&quot; sir, but are my thoughts on it. &quot;Intrinsic&quot; value is simply not absolute, and never has been, so over time its not very &quot;intrinsic&quot;.</p><p><br /></p><p>Edit: Btw we can agree to disagree Inflexion. I never meant this to turn into an argument. If you disagree with me, that&#039;s cool, and we will probably agree on something else in the future.[/QUOTE]</p><p><br /></p>

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