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To: CIB-173RDABN

Anything over the intrinsic value of gold depends on psychology

There is no intrinsic value to anything.

All value is psychological. Gold is valuable because people value it -- nothing more, nothing less.

16 posted on 12/20/2014 11:19:18 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)

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To: BfloGuy

It does have some industrial use, which means it has some value.

17 posted on 12/20/2014 11:40:16 AM PST by CIB-173RDABN (I do not doubt that our climate changes. I only doubt that anything man does has any effect.)

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