Friday, June 24, 2011

McEwen Says Gold at $5,000 in Four Years

http://www.youtube.com/watch?v=Waf7LDng7iI

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Gold has NO Intrinsic Value???

This must be a joke? This interviewer should read Webster's Dictionary once in a while.

From Webster's Encyclopedic Dictionary

"Intrinsic: Inherant; essential; belonging to the thing in itself; not extrinsic or accidental (the intrinsic value of gold or silver, intrinsic merit)." YES, this is right from the dictionary! 

Please let's all finally put this foolish argument to rest. GOLD is the ultimate definition of "intrinsic value," it is everlasting and always valuble, no other paper investment or even physical asset can even come close to the historical significance of gold as value. People really need to WAKE UP!!!   BK