"All of the wealth in the world, according to our present standards, may be rendered worthless, by the discovery that gold can be made synthetically."
"That is one way to do it - make it so plentiful that it drowns its fictitious value and drowns the superstition of the people along with it." - Thomas Edison
New York Times article - 1921
Here are some related posts that may be of some interest.
-Gold vs Productive Assets
-Buffett: Forget Gold, Buy Stocks
-Thomas Edison on Gold
-Grantham on Gold: The "Faith-based Metal"
-Munger on Buying Gold