Interesting article. The article claims that gold has no intrinsic value. I may be wrong, but I can't think of any entity that has intrinsic value, or, "value in and of itself." On the other hand, I can think of countless things that have value in relation to other things, such as, a loaf of bread and a hungry man.
Could it be that gold makes a good currency, and a good currency makes trading easier, and people value the ability to trade with one another, and therefore, gold has value?
Could it be that gold makes a good currency, and a good currency makes trading easier, and people value the ability to trade with one another, and therefore, gold has value?