[dennisw]

Heh - It ain't about you and your stock portfolio. We were discussing gold's intrinsic value.

[mikeybaby]

I think I'll trust PIMCO rather than Mr. Paul.

[Proud_texan]

I define intrinsic value as "The value of an asset based on an underlying perception of the value."

Perception of value is assigned by humans. Given that gold has less industrial value than say copper or oil I believe it to be more vunerable to the whims of cultural perception than other commodities.