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To: Taikun who wrote (61527)4/3/2005 5:36:39 AM
From: shades  Respond to of 74559
 
I understand Buffet owns gold, has he started dumping yet or is that all just a rumor?



To: Taikun who wrote (61527)4/3/2005 6:29:43 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
<<Do you every wonder if you have too much gold?>>

The physical stuff? Nope. it is for me better than cash, and a private central bank reserve, not a trade, but a guarantee, timeless, as in eternal, and dependable, as in secure.

All paper gold was let go late last year, and I have no plans to re-enter the trade any time soon. I will know when to re-enter when I know.

Chugs, Jay