> and does not possess any underlying intrinsic value And I'm out. Gold has no intrinsic value. Nothing in the world has intrinsic value. The closest you get

> and does not possess any underlying intrinsic value And I'm out. Gold has no intrinsic value. Nothing in the world has intrinsic value. The closest you get is maybe food. Gold gets its value from the same place paper money gets its value, belief. People believe that when they take it in exchange for something, they will be able to exchange it for something later. Period. End of story. Fin.