(March 22, 2015 at 4:35 pm)Huggy74 Wrote:(March 22, 2015 at 11:29 am)Parkers Tan Wrote: Laughably wrong. Value is context-driven. Gold is valuable to industry; outside of that, gold has no more inherent value than the paper money it used to back.You really can't be serious, gold has been valuable for thousands upon thousands of years.. It's the one thing that has ALWAYS kept it's value.
And people thumbs up this nonsense.
Like i said, if an atheist rolls his face across the keyboard, he gets a kudos.
You clearly don't know what the word "inherent" means.
The value that you are talking about is abstract and extrinsic -- that means it is applied from outside, and doesn't have material value outside of certain industrial and manufacturing processes.
You're welcome.