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To: flashforward2009 who wrote (312013)10/19/2025 2:43:29 PM
From: Gib Bogle  Read Replies (1) | Respond to of 312266
 
From the comments on the video it is clear that many viewers didn't know that this was not Buffett giving a single talk on gold, as indeed I did not at first. I have mixed feelings about it. On the one hand, since Buffett did indeed say these things about gold, it's a good idea to put them together to let people know what he thought. On the other hand, packaging his words like this with a faked video leaves a bad taste in the mouth - there is an intent to deceive. I think most people do not read the text accompanying videos, and would miss the disclaimer.

It's concerning that now people with bad intent are able to make very convincing fake videos, without disclaimers (I don't mean that this one is in that category.)



To: flashforward2009 who wrote (312013)10/19/2025 5:11:08 PM
From: flashforward20092 Recommendations

Recommended By
onepath
ralfph

  Respond to of 312266
 
I checked out three things in the video which I was more interested in what was said than if Buffett said it or not. What I found is of course he still doesn't like gold, so that is true, he did make a significant investment in a Brazilian Crypto Nu Holdings Ltd., a Brazilian crypto-linked bank. I'll rate what was said in the video about cryptos and blockchain as at least mostly true. What I haven't found is that there is a situation where he thinks the US dollar will rise and gold would tank, rate that as false and give credence to those who think the video was manipulated and dishonest. What I've found so far is he doesn't like the USD and is contemplating investing in other countries' currencies. "So to clarify with AI help lol:)

  • Buffett is worried about the U.S. dollar weakening, not strengthening.

  • He has not predicted a fall in gold prices, though he remains philosophically critical of gold as an investment."

I'm still looking into possibilities where USD could gain strength and gold would fall. But after the NFL football games.