The basis of their thinking, from what I’ve observed, is that gold has ‘real value’.

The problem is that is that there are no real values. They are all a matter of perception. Even in science the methods of measuring are arbitrary. 50 degrees Centigrade is 122 Fahrenheit, or to regular people, “Too fucking hot.”

If gold had a ‘real’ that is fixed value there could be no market in it. You can’t trade in something where the value never changes and is exactly the same for everybody.

I wish these geniuses did a little thinking once in a while.