Warren Buffett just says what he is told to. The goal is to discourage regular people from buying Gold & Silver. Listen to Buffett and do the opposite!
But isn't gold used in CPU's, other electronic components, mobile phones, space vehicles, medical uses including cancer, glass-making etc... isn't that doing something?
I would take the gold, hire workers to melt it transform it shape it into jewelery, gold bars, coins and sell it at a markup price to make more money...and then buy the 7 exxons and land..
I bet his wife was/ is damn ugly:)) If everything that is beautiful in this world will be see as redundant, then ugly and sad times will come ahead.
Why u need cloth in hot summer ? U can go butt naked and save the money. Why u need food whe u can starve ? Why u need anything , if u can survive as a tough animal in misery?
From what I understand, Buffet says he doesn't invest in commodities at all because he can't forecast what they'll do. He invests in businesses because he can gauge whether or not they're likely to do well in the future based on their assets, the lasting appeal of their product, etc.
Buffett is right, in an environment where you don't print money at will. He is also right if he meant that it was all or nothing. However, that is not what honest economists and forecasters are saying. They say diversify, and SOME of that diversification should be some physical gold, with a diversification in custody also.
Warren Buffett just says what he is told to. The goal is to discourage regular people from buying Gold & Silver. Listen to Buffett and do the opposite!
valamirov 2 days ago
I would pick the gold and then use it to buy all the farmland and the Exxons. lol
mastaPh 2 weeks ago
But isn't gold used in CPU's, other electronic components, mobile phones, space vehicles, medical uses including cancer, glass-making etc... isn't that doing something?
coltrane1966 1 month ago
I would take the gold, hire workers to melt it transform it shape it into jewelery, gold bars, coins and sell it at a markup price to make more money...and then buy the 7 exxons and land..
dre10121012 1 month ago
I bet his wife was/ is damn ugly:)) If everything that is beautiful in this world will be see as redundant, then ugly and sad times will come ahead.
Why u need cloth in hot summer ? U can go butt naked and save the money. Why u need food whe u can starve ? Why u need anything , if u can survive as a tough animal in misery?
Thats is the road to comunism !
qpae123 3 months ago
From what I understand, Buffet says he doesn't invest in commodities at all because he can't forecast what they'll do. He invests in businesses because he can gauge whether or not they're likely to do well in the future based on their assets, the lasting appeal of their product, etc.
Secundas 4 months ago
Buffett is a million percent right! Wonder why copper has done what it has done in the past years!
checkmate585 5 months ago
Buffett is right, in an environment where you don't print money at will. He is also right if he meant that it was all or nothing. However, that is not what honest economists and forecasters are saying. They say diversify, and SOME of that diversification should be some physical gold, with a diversification in custody also.
realbrush 5 months ago
watch?v=RTckFl0jPN8&feature=channel_video_title
claim the right of the security of your person !
free humanity here we come love you all !!
it's all common law U.C.C code all commerce law look it up, free information free your mind ! free the WORLD !!!
demented669 7 months ago
@lonewolfmilitia But it's sooo shiny!
todanp 7 months ago