I edited that comment, but more generally do you see a real difference between say extracting 10trillion dollars’ worth of gold from the world’s oceans from manufacturing it? With Diamonds I can see the appeal of natural gems but with gold it’s next to meaningless.
My point was that that a govt or bank can't "cheat" by leveraging it or counterfeiting it. Yes, if very large accessible reserves were found, one's savings in gold would be hurt but it would would not happen simply at the diktat of a government. The fact that you can mine it or produce isotopes does not change the fact. I did not say anything about its inherent value.
