Schiff is such a tool.
Right now I'm convinced only two kinds of people believe in the fairy tale of "Intrinsic value."
1. Brainwashed peons that the state taught this to on purpose.
2. Gold salesmen.
At least the first group isn't trying to be ignorant on purpose.
Intrinsic value is bullshit, you should buy bitcoin because look at what great intrinsic value its got