If he said things like "gold has no intrinsic value", I'll stick with my own intuition. I don't need anybody to tell me government intervention is bad, it's obvious.
As for gold lack of intrinsic value, jewelry is not an instrinsic value "industry", it's decoration.
The element is used in industry and jewelry, it has intrinsic value.
And up until the electronics industry was inventented there was no productive industry using gold, and even in electronics the gold uses are slim because of the cost and lack of tensile strength, molecular copper is better for most things.
Actually gold use in industry is rising rapidly. Looks like you've been reading too much of some other fool.
In the world of ecomonic analysis intrinsic value is determined by what's sometimes called the Crusoe, that being to aks the simple question "would it be useful for Robinson Crusoe", or another way to put is "if there were no society, and thusly no economy and all that it implies, would the item still be desirable".
Oh freaking brother! Robinson Crusoe?! You are a nutcase! LOL Who taught you that? Smith? Get your nose out of those silly books. That's hilarious!
Without trade gold is useless, thus it has no intrinsic value.
The element is used for jewelry and industry, therefore it has intrinsic value.
Really you're beligerent deliberate ignorance of the founding father of economic analysis tells us everything we need to know about you. The fact that you'r PROUD to know absolutely nothing about Smith shows that you are truly doomed to eternal ignorance.
At least I don't base economic theory on a sheepherder stuck on an island. LOL
Oh, and before you try to hang that ship on me one more time let's not forget about your constant insistance that a 7 story building is a "shed". Please.
131x131x20h is not a seven story building, silly. What father of architecture taught you that? LOL