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dcspencer
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Warren Buffett on gold

- James Turk - Goldmoney

OOPS. Darn those printing gremlins! James likely meant the purchasing power of a certain sum today will be MORE than that same sum a year from now!

Commented 3977 days ago

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Beginning of the headline :Wall Street legend Warren Buffett has famously declared that gold is not an investment. He is correct, but he stopped halfway. He did not go on to say what gold really is, perhaps purposefully intending for people to draw their own conclusions. In my view, there is only one conclusion possible, because there are only two alternatives when it comes to allocating assets in any portfolio, whether that of an individual or an institution. Your assets are either an investment, which gold is not; or m... Read More

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