he's an old fool when it comes to gold..11 years straight up from $250 to $1900 he missed the boat that should have been a simple call for him..he's also losing his ass in Boa. 5 billion worth... know, chump change...gold doesn't produce anything..what a dumb comment..it out performed the sp500 in the last 10 yrs by far...his credibility went down the drain with that call...like robert precter, saying gold would never go above $1000 and would drop like a rock..another fool.
Can you honestly make this call looking forward? In hindsight everything is much clearer. Before you start calling people fools let's give this a shot. Make a few investment projections and if in 1 or 2 years time you turn out right, I'll give you the credit you deserve. Everyone can make "smart" comments when they look at historic data, looking forward on the other hand is a different story.
Why bother to post this? Every two bit local news station pumps out fluff like this every day. An interview with Buffet though, That would be interesting. I was expecting a word or two from him. Not five minutes of boring nag-voiced faux news commentators. And what a crappy news segment.
#1. His investment ideas are useful to both wealthy and the "common" man. #2. He never said gold was worthless, he simply believes that other investments make more sense than investing in gold. #3. 1990-2010 Gold price $250 - $1800+, Berkshire Hathaway $7000 - $115000.
Sure. It has nothing to do at all with this sound investing practices. Is that what you really think of when you're watching clips on YouTube? Guys sucking penises? Get a life loser.
What point are you proving? You did not offer any factual evidence that discredits whatever I presented in my initial comment. My life is too good for me to get angry at people like you.
Fact #1. The Value Investing Strategy has worked for me.
Fact #2. You will never have the balls to start anything if we were face to face. You're nothing more than an internet tough guy.
I'm done with you, now jump off my nuts. Have a good day.
@Foreverclever87 WHY DO THEY SEE FIT TO SHOOT SOMEONE FOR STEALING A WORTHLESS PILE OF METAL? IF THAT IS THE CASE, THEN A LOT FULL OF JUNK CARS IS WORTH MORE THAN THE GOLD IN FORT KNOX
@1IIIIIIIIII1 Calm down mr. caps, I can read fine. There is a lot of stuff in fort Knox besides the gold deposits. More importantly, I don't think anyone would argue gold has no value, it's just that the value is psychological in that the price is determined by the aggregate projection of future gold prices, almost like stock. It is for this reason that Mr. Buffett sees investing in gold as a poor long term choice, since speculating is fundamentally different from investing, which he does.
@Foreverclever87 YEAH, BUT IS WARREN UNDERSTOOD THE SITUATION OF THE COMMON MAN AND WHAT MIGHT BE COMING DOWN THE LINE HE MIGHT SAY AS ADVICE, HAVE SOME GOLD ON HAND
@1IIIIIIIIII1 He is an investment and stock market guru. What gives you any reason to believe that he represents or speaks for the common man? He is talking to other wealthy people. And why are you writing in caps?
Be rich by trading GOLD.Make 100-200 pennies easily within an hour of trading by just using one account .Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.
Warren buffet is a fraud/ federal shill. He is too big to fail, and when he fucks up we bail him out. Gotta love it. No wonder this asshole is rich(only virtually).
@silvermaniamania1 Gold has always been a bubble, just as every currency ever to exist is a bubble. The gold bubble is no more likely to pop than the U.S. dollar is to pop from people realizing that "it's just paper with some white guy's portrait".
@juliancochran Im right there with you on this. Anyone who doesnt agree with you hasnt read Grahams Intelligent Investor and more than likely couldnt tell you what a p/e ratio is.
Gold is honest money. What it produces is economic integration on a scale that fiat money can't touch. Only gold can unlock the full productive potential of a global division of labor.
This PR-101, nothing but a publicity stunt.He's right on 2 things though and both tie into eachother 1).Swatting down Gold Investors and 2).The best investment is long term.
When will people learn?The gold boom is artificial and short term.The current rate is a ploy by rich people with gold stocks to refine and sell small amounts of it at a high price.Long term, they will force the price down and buy it back.Buffet is telling you this so he can say "told you so" in the future.And he'll be right
@labartic Its not naive at all …. you need to always remember who drives up the price of food, basic amenities and fuel … as well as precious metals - it's rich people and the corporations they run. The economy WILL NOT COLLAPSE - IT WILL BE CONSOLIDATED. Too many "run of the mill" people have become "semi-rich" and have a voice as a result of their "new money" wealth. The richer "old money" wealth wants to re-establish control - then you'll see economies correct over night.
@wabfunk The only reason for all this economic and social unrest, is to tip the balance of scale back to the times when there was no "middle" or "upper-middle" class or working class- a time when there was just the "gentry", "bourgeoisie" and "proletariat" because the lines weren't so blurred as they are today, a time when masses were easier to control. Today, if you come from a poor family, you can still get rich in your life time, THEY DON'T LIKE THAT.
Because they've taken many centuries of "hard work", study and social manipulation to build up and maintain their wealth, they will not let it go so easily - and thats why they taking such drastic measures locally and world wide. They can't bare to see anybody get rich through simple hard work and determination, LET ALONE COUNTRIES WHO DO SO BY TRYING TO MANAGE THEIR OWN RESOURCES WITHOUT THEM. America, to them, must be destroyed because overnight millionaire scenerio was going global.
@wabfunk If people get rich so quickly, they simply print a lot money - those who are not part of "THE OLD CLUB" but still have the presence of mind to work hard, make a lot of money(new money) AND create splinter parties that oppose "super wealth" will be weeded out by "their" system. By selling gold,food and fuel at high prices, they can simply "REIGN IN" excess $'s, keep what they need, destroy the rest(that makes people rich) and make fiat currency valuable again.
@wabfunk so, why not get in the 'artificial' gold boon while people can? If you invested in gold 10 years ago, you would be pretty happy with your return today (as well as silver). Isn't that what investing is about (returns?)?
YEAH 2:45 is the answer
to all the gold bugs
anyname666 1 month ago
Buffett contracts himself. He does not want to buy Gold yet he bought Silver. His comments are politically motivated.
robertlam18 2 months ago
he's an old fool when it comes to gold..11 years straight up from $250 to $1900 he missed the boat that should have been a simple call for him..he's also losing his ass in Boa. 5 billion worth... know, chump change...gold doesn't produce anything..what a dumb comment..it out performed the sp500 in the last 10 yrs by far...his credibility went down the drain with that call...like robert precter, saying gold would never go above $1000 and would drop like a rock..another fool.
FXNorm 2 months ago
@FXNorm you are a fool i bet you were the type to say housing prices will always rise until your bubble burst..
winstonchurchil1945 2 months ago
@FXNorm
Can you honestly make this call looking forward? In hindsight everything is much clearer. Before you start calling people fools let's give this a shot. Make a few investment projections and if in 1 or 2 years time you turn out right, I'll give you the credit you deserve. Everyone can make "smart" comments when they look at historic data, looking forward on the other hand is a different story.
showbizjenkins 2 months ago
Why bother to post this? Every two bit local news station pumps out fluff like this every day. An interview with Buffet though, That would be interesting. I was expecting a word or two from him. Not five minutes of boring nag-voiced faux news commentators. And what a crappy news segment.
hamnose 3 months ago
#1. His investment ideas are useful to both wealthy and the "common" man. #2. He never said gold was worthless, he simply believes that other investments make more sense than investing in gold. #3. 1990-2010 Gold price $250 - $1800+, Berkshire Hathaway $7000 - $115000.
Warren Buffett 1, gold 0.
showbizjenkins 3 months ago
@showbizjenkins
" Berkshire Hathaway $7000 - $115000."
115962.00 -568.00 (-0.49%)
Only reason Warren Buffett's fame skyrocketed is because of sycophantic tool bags like yourself who suck his wrinkly old penis at every turn.
Romansteel13 2 months ago
@Romansteel13
Sure. It has nothing to do at all with this sound investing practices. Is that what you really think of when you're watching clips on YouTube? Guys sucking penises? Get a life loser.
showbizjenkins 2 months ago
@showbizjenkins
"Is that what you really think of when you're watching clips on YouTube? Guys sucking penises? Get a life loser."
And the angry Fan boy proves my point.
When you stop caressing his nuts [Buffett], i'll dignify you without insulting you.
Romansteel13 2 months ago
@Romansteel13
What point are you proving? You did not offer any factual evidence that discredits whatever I presented in my initial comment. My life is too good for me to get angry at people like you.
Fact #1. The Value Investing Strategy has worked for me.
Fact #2. You will never have the balls to start anything if we were face to face. You're nothing more than an internet tough guy.
I'm done with you, now jump off my nuts. Have a good day.
showbizjenkins 2 months ago
@showbizjenkins
"You're nothing more than an internet tough guy."
"And you're not?" - Bill Maher to Most Deaf
Romansteel13 2 months ago
IF GOLD IS WORTHLESS METAL FROM ANCIENT DAYS,,,,,,WHY DO THE SNIPERS LINE YOU UP IN THEIR SCOPE IF YOU START WALKING TOWARDS FORT KNOX?
1IIIIIIIIII1 4 months ago
@1IIIIIIIIII1 Because robbery is illegal???
Foreverclever87 4 months ago
@Foreverclever87 WHY DO THEY SEE FIT TO SHOOT SOMEONE FOR STEALING A WORTHLESS PILE OF METAL? IF THAT IS THE CASE, THEN A LOT FULL OF JUNK CARS IS WORTH MORE THAN THE GOLD IN FORT KNOX
1IIIIIIIIII1 4 months ago
@1IIIIIIIIII1 Calm down mr. caps, I can read fine. There is a lot of stuff in fort Knox besides the gold deposits. More importantly, I don't think anyone would argue gold has no value, it's just that the value is psychological in that the price is determined by the aggregate projection of future gold prices, almost like stock. It is for this reason that Mr. Buffett sees investing in gold as a poor long term choice, since speculating is fundamentally different from investing, which he does.
Foreverclever87 4 months ago
@Foreverclever87 YEAH, BUT IS WARREN UNDERSTOOD THE SITUATION OF THE COMMON MAN AND WHAT MIGHT BE COMING DOWN THE LINE HE MIGHT SAY AS ADVICE, HAVE SOME GOLD ON HAND
1IIIIIIIIII1 4 months ago
@1IIIIIIIIII1 He is an investment and stock market guru. What gives you any reason to believe that he represents or speaks for the common man? He is talking to other wealthy people. And why are you writing in caps?
Foreverclever87 4 months ago
What's that stuff dangling from their ears? How did it get there?
autofyrsto 4 months ago
its true silver has more economic value used in industry
winstonchurchil1945 5 months ago
Be rich by trading GOLD.Make 100-200 pennies easily within an hour of trading by just using one account .Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.
vanessablackjack 5 months ago
The presenter says you'd have made 80% investing in Berkshire 10/20/30 years ago. Try adding a zero or two!
olsherman 5 months ago
Warren buffet is a fraud/ federal shill. He is too big to fail, and when he fucks up we bail him out. Gotta love it. No wonder this asshole is rich(only virtually).
charronfamilyconnect 5 months ago
@charronfamilyconnect when has warren buffett ever been bailed out, or so much as asked to be?
sodafromyoda 5 months ago
Was that hot blonde on ludes or benzo pills or someting?
Trox118 6 months ago
Why does Fox always dress up their young anchors to look like porn stars? Rhetorical I think the word is for that question.
Trox118 6 months ago
@Trox118
It's a way to get in more views.
LATQueens 5 months ago
he didnt do dot com and he wont do gold. gold is next dot com. so get in gold now and get out when crowd go mad! XD XD XD XD XD XD XD
silvermaniamania1 7 months ago
@silvermaniamania1 Gold has always been a bubble, just as every currency ever to exist is a bubble. The gold bubble is no more likely to pop than the U.S. dollar is to pop from people realizing that "it's just paper with some white guy's portrait".
didles123 5 months ago
@didles123 So can I have all your papers with those white guys on them?
henrybird 4 months ago
@henrybird No
didles123 4 months ago
@didles123
Then shut the fuck up
GnomesAmok 4 months ago
@GnomesAmok You're supposed to say that after a good counterargument has been given, not simply because you disagree.
didles123 4 months ago
Gold 100 years ago = 0% inflation adjusted total return
Silver 100 years ago = 0% inflation adjusted total return
Continual random purchase of businesses starting 100 years ago = 86,700% return (7% per year including dividends minus inflation).
juliancochran 10 months ago
@juliancochran Im right there with you on this. Anyone who doesnt agree with you hasnt read Grahams Intelligent Investor and more than likely couldnt tell you what a p/e ratio is.
Trox118 6 months ago
Gold ten years ago = 400% return
Silver 10 years ago = 1000% return
DontMeanWell 10 months ago
Gold is honest money. What it produces is economic integration on a scale that fiat money can't touch. Only gold can unlock the full productive potential of a global division of labor.
IanPhase 10 months ago
Warren Buffett is not "one of the richest" he is more in the lower 100, the truly rich you never hear of.
th86stone 10 months ago
Buffett is NWO scum...Why did he invest billions in silver? POS liar!
Slave2Reason 10 months ago
This PR-101, nothing but a publicity stunt.He's right on 2 things though and both tie into eachother 1).Swatting down Gold Investors and 2).The best investment is long term.
When will people learn?The gold boom is artificial and short term.The current rate is a ploy by rich people with gold stocks to refine and sell small amounts of it at a high price.Long term, they will force the price down and buy it back.Buffet is telling you this so he can say "told you so" in the future.And he'll be right
wabfunk 10 months ago
@wabfunk gold boom artificial? LOL...Considering the western world is about to collapse, I think thats a little naive to say.
labartic 10 months ago
@labartic Its not naive at all …. you need to always remember who drives up the price of food, basic amenities and fuel … as well as precious metals - it's rich people and the corporations they run. The economy WILL NOT COLLAPSE - IT WILL BE CONSOLIDATED. Too many "run of the mill" people have become "semi-rich" and have a voice as a result of their "new money" wealth. The richer "old money" wealth wants to re-establish control - then you'll see economies correct over night.
wabfunk 10 months ago
@wabfunk The only reason for all this economic and social unrest, is to tip the balance of scale back to the times when there was no "middle" or "upper-middle" class or working class- a time when there was just the "gentry", "bourgeoisie" and "proletariat" because the lines weren't so blurred as they are today, a time when masses were easier to control. Today, if you come from a poor family, you can still get rich in your life time, THEY DON'T LIKE THAT.
wabfunk 10 months ago
Because they've taken many centuries of "hard work", study and social manipulation to build up and maintain their wealth, they will not let it go so easily - and thats why they taking such drastic measures locally and world wide. They can't bare to see anybody get rich through simple hard work and determination, LET ALONE COUNTRIES WHO DO SO BY TRYING TO MANAGE THEIR OWN RESOURCES WITHOUT THEM. America, to them, must be destroyed because overnight millionaire scenerio was going global.
wabfunk 10 months ago
@wabfunk If people get rich so quickly, they simply print a lot money - those who are not part of "THE OLD CLUB" but still have the presence of mind to work hard, make a lot of money(new money) AND create splinter parties that oppose "super wealth" will be weeded out by "their" system. By selling gold,food and fuel at high prices, they can simply "REIGN IN" excess $'s, keep what they need, destroy the rest(that makes people rich) and make fiat currency valuable again.
wabfunk 10 months ago
@wabfunk so, why not get in the 'artificial' gold boon while people can? If you invested in gold 10 years ago, you would be pretty happy with your return today (as well as silver). Isn't that what investing is about (returns?)?
annemb100 10 months ago