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April 20, 2013 01:12 pm PDT

Warren Buffet vs goldbugs

Warren Buffet thinks buying gold is dumb: specifically, he thinks that buying gold is speculation, not investing, because gold doesn't do anything productive. Here, he waxes eloquent on the subject: If you put your money into gold or other non-income- producing assets that are dependent on what someone else values that in the future, youre [...]



Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/bzDFLUBh7Oc/story01.htm

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