You've got that wrong, gold has no intrinsic value. Is paper money made from gold and silver? Bernanke said gold was not money, he said it was an asset. He's right, gold is not money, it's an asset like copper, property, a car, goods, valuables etc.
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%