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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (70734)10/1/2006 11:19:59 AM
From: ild  Read Replies (1) | Respond to of 110194
 
Don't know. I guess Buffett said he didn't like gold.



To: Wyätt Gwyön who wrote (70734)10/1/2006 9:27:39 PM
From: 8bits  Respond to of 110194
 
>>>> Buffett's stupid gold comment

what was his comment.<<<<

"Buffett emphasized the non-productive aspect of gold in 1998 at Harvard: "It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."

en.wikipedia.org


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