I think we can agree that if I spent terajoules digging sand instead of gold I wouldn't have something as valuable as the idiots you refer too.
so there it is, an admission that money needs to be tethered to the production of a valuable good. QED.
Well there's some circular logic.
Money spent does not mean a valuable good has been produced because cost of production alone doesn't determine value. If it did, production levels wouldn't fluctuate with price.