Socrates,"most posters do not understand how gold works in the...

Socrates,

"most posters do not understand how gold works in the economy".

Gold doesn't do anything in the economy, it's sits there and vegetates, providing no income, doesn't have a P/E, and costs to store, insure and transact.

What does the gold in Fort Knox do? Half the posters here think that Fort Knox is empty, would it make any difference if it was?