Why Gold is a Love Based Investment

by Jas Malcolm

I’m going to reproduce a portion of an article that Fortune Magazine printed of an interview with Warren Buffet. As the reader knows Warren Buffet is one of the richest men in the world and has achieved this through very successful investing. I believe anything he writes is worth reading and reflecting upon.

Allow me to set the stage. The article in its entirety suggested that people avoid investing in bonds/paper savings and such.  It then went on to tell us why gold was not something he believes in (excerpt reproduced below), and Warren concluded that an investor’s best investment is in producing assets. As you know I’ve been an advocate for investing in gold and silver for some time so clearly Warren and I don’t see eye to eye on this. Let’s give him the first opportunity to talk shall we.

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