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<p>[QUOTE=&quot;InfleXion, post: 1340199, member: 29012&quot;]I didn&#039;t define intrinsic, I merely pointed to the dictionary definition. It doesn&#039;t matter what I think it&#039;s defined as or what a financial institution thinks it&#039;s defined as. It has a concrete definition, and anything other than that is not accurate. I suppose the reason we disagree is because I see the nature of something as how it exists in nature, where as you are looking at it from the standpoint of what it constitutes. There&#039;s no easy way to determine which is more correct, but regardless the point I am getting at is that the intrinsic value of precious metals is not subject to the winds of change. If stocks do indeed have intrinsic value, that intrinsic value can go down to zero in a number of different cases which seems contradictory to me. If something is due to its nature it should not be subject to this sort of instability. With precious metals that is not a possibility. This is where I come from in saying that stocks don&#039;t have intrinsic value, whether or not that statement is correct.[/QUOTE]</p><p><br /></p>

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