[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.

[dennisw]

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.

I will not deny this. But gold is not a fad or a tulip in a Dutch tulip mania. I'd have to strain to find exceptions to the rule that it's a universal store of value. It's universally viewed as valuable and worth having whether it be in coins, ingots or jewelry. That you can acquire items in trade for your gold

[Capitalism2003]

"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."

In that case, you may want to consider SILVER, which has heavy demand from dozens of industries, and is in extremely short supply today. Some say there is less silver above ground than gold, yet despite the recent rally, it is still only 1/60 the price.