?? Work at Pickup Points � Flexible schedule

Warren Buffett: Why I HATE Gold?

Investing Basics 599 views

Download

Download Video

Comments

oh don't hide the true messagemoney is a great slave, but a horrible master
Comment from : @CynNiki

He’s wrong gold and silver great insurance policies, great
Comment from : @MelvinCooper-ov8lg

This man made BILLIONS using common sense & i've squandered pocket change by being dumb I need to be better!
Comment from : @carltonjohnson4424

Buffett owns more gold than all of us stackers worldwide
Comment from : @georgeorwell3501

Hes 100 right That doesnt mean that gold isnt something you shouldn’t own though… its under the mattress money, it’s your saving accounts safety net Although it is up 10x this century so far
Comment from : @colinjarvis5935

Ah yes, apartment houses The producers ofwait
Comment from : @yukitadano5098

I am big fan of warren buffettwasim
Comment from : @ShakilAhmad-mq8uj

All the major governments are buying truckloads of gold I wonder why?
Comment from : @kbotah2023

I have cash in the bank, that sits there and makes minimal interest and is losing value I bought gold and it's worth $15,000 more than when I bought it 2 years ago Yea, pretty stupid to buy gold & silver smh
Comment from : @kenk6274

Gold and silver are real
Comment from : @austinleach6968

15 years ago he spent 5 billion dollars to buy silver at 3 dollars an ounce, he got 10 fold now,
Comment from : @hoangdinh2461

He could impersonate RFK Jr Rather well
Comment from : @christophercarroll7315

I want about one year's income in gold as a safety net that I hopefully never have to use and can pass down to my children for them to use as a safety net The safety net gives you the confidence to make risky but rewarding decisions in life If you have to dip into the safety net, just pay it back over time
Comment from : @jeremyoberg2409

Stock Market > Gold
Comment from : @jadhavsudhakar2400

He just bought 170 million worth😂
Comment from : @davidchung3204

A piece of farm land will help you out more in hard times than a small gold bar
Comment from : @hammerit4409

taking his advise with a grain of salt He bought gold by the ton and don't let the rich fool you
Comment from : @Prep5040

Hex is a crypto that multiplies like a rabbit
Comment from : @hex_gekko29568

Interesting, Is it not true value of merchant trading ? Warren ? why is your arm being twisted? I want to know ? Who is telling you to say this
Comment from : @michaelsvientek8420

Gold in 2016 was 44 a gram Nows its 88 a gram Fuck warren buffet
Comment from : @PCMRvsconsole

I don’t care what warren buffet says, when every country is sitting with tons of ‘useless gold’ laying around that should tell you a lotchina have been buying a lot of gold as of recent and no fiat currency in the history of time has ever lastedwe’ve only got this far because the government keep propping up this shit show to keep it going by any meansbrInvest in some gold at least
Comment from : @RockstarRocky10

People can say what they want, he's the one with the money! Jealousy of people at its best!
Comment from : @lawrencearmstrong8957

buy a farm ok ill start looking for farms Cheapest one I could find was 33 million for less than decent size land wtf is he on about?
Comment from : @mikel87

Buffets argument is really that Gold is insurance against govt created inflation
Comment from : @jayjenkins6021

Over the past 40 years gold gained 41 a year on average Over the same period, REPORTED inflation (not TRUE inflation) was 3 11 a year ‘profit’ Now figure out true inflation, and you lost money Your buying power today would have been practically the same as 40 years ago
Comment from : @James-mx9wy

do the opposite this guys tells you to do
Comment from : @johncled1516

He is not convincing and he is a scumbag insider, and the script is gold is evil Gold is a competitor to his masters fake fiat money, so they have to talk bad about it while the bankers suppress price Shut up already Buffett, trash human he is
Comment from : @rickstalentedtongue910

should have told this to the " British East India Company " which was on a rampage of stealing gold from half of the worlds countries
Comment from : @sirajkhan-bx5zl

You have a peaceful, beautiful home Good luck on the figs
Comment from : @dirksharp9876

Warren
Comment from : @ThMoneyMoves

Gold lagged the equities significantly in the long term as it is speculative asset
Comment from : @mike_valueinv

The only time I’ve heard him mention the name Christ brHe should follow Christ - Yeshua Hamashiach!
Comment from : @4WithHope

It seems to me that the comparison between actual money (gold) and a productive asset (ie a farm) is not logically correct in the suggested context (preserving and increasing wealth)brOne can save money, and Gold is really good money, and still be protected against fiat money weaknesses brOwning gold requires relatively low expenses (insurance, storage), compared to brthe significant additional work and capital needed to exploit a farm and make it productive Left idle, a farm would deteriorate and lose important value over time, while Gold maintains and even appreciates its value
Comment from : @addtru12

If an ounce of gold costs as much today as it did 2000 years ago I'd say that's a pro to gold But gold isn't an investment it's jewellery or money
Comment from : @PatrickHutton

Warren doesn't realize that you can lend out the gold and earn a return on it!
Comment from : @ewinslow822

Classic misdirection
Comment from : @V12BHP

Why is this has been still alive?
Comment from : @sssm1051

gold is necessary, Buffett is Buffett
Comment from : @MassimoX

Yeah what a great guy Pos makes his $$$ off govt subsidies aka us taxpayers What a piece of 💩
Comment from : @usurykills7605

It doesn't produce it holds!
Comment from : @aaron6841

It’s the best way to save money
Comment from : @HeyYaKnow

Pot stocks
Comment from : @omarelias1490

Mr Buffet has loads of precious metals, it’s been reported…
Comment from : @alanparks7919

He will never let the secret come out
Comment from : @Shivam-st4kq

Crypto currencies do multiply, especially when they have a use through smart contracts
Comment from : @Heywoodthepeckerwood

Yeah Warren, but the streets of Heaven are not paved with "productive assets", and beside, the Silver and Gold is GOD's money
Comment from : @ericmcdowell5762

That man is a liar
Comment from : @dougfranklin1489

This uber rich bastard for real people, precious metals are a way to hedge savings against inflation
Comment from : @nedstarkravingmad1799

He'd rather you buy "Cherry Coke", and contribute to your health issues, than convert your fiat currency (Unicorn Fart Dust) into GOD's money, which is Silver and Gold After-all, Christ was not betrayed for 30 cans of "Cherry Coke", but 30 pieces of Silver
Comment from : @ericmcdowell5762

What’s wrong with your voice bro Sounds like 💩
Comment from : @brandonevenson2300

Its trueits just a good commodity to protect against a recession,market crash etcsilver is much better on my opinion nways
Comment from : @MultiMarty25

I'm pretty sure that at the time of Christ, you had to work way more hours to own an ounce of gold
Comment from : @worldsdumbesttrumpturd3143

He doesn’t like gold but Buffet LOVES silver!
Comment from : @Gary-z5y

The time of Christ: 31AD the Chinese recorded the sun going dark, unexpectedly, one day Their own complex astrological calendar told them to write, “Man from heaven died All sin is on one man and pardon is proclaimed to all under heaven” This was written in the Annals of the Later Han Dynasty, the 7th year of the emperor Guangwu Three days later, they recorded the sun encircled by a rainbow
Comment from : @Gary-z5y

Me too
Comment from : @thabet3403

Building or investing in cash flowing assets is for building wealth, Gold is for preserving your wealth
Comment from : @RicardoFinnigan

Doesnt produce anything? Same as government workers, daytraders, stock investor, politicians, bankers
Comment from : @perbacksten6149

If the value of your currency is stable that’s fine but it isn’t and most assets are dollar based so owning some gold may make sense
Comment from : @Fitinfifties

Warren buffett has never produced a damn thing He just leeches off of the productive work and value of his serfs underneath his legally protected boot brSmart man yes but a parasite nonetheless at the end of the day
Comment from : @dogwklr

The same guy that is telling “options a weapons of mass distraction “ while selling naked put options ……… after maybe 88 this guy became the central bank and political mascot… A true hypocrite and demagogue to the bones
Comment from : @filipnolev5911

It's great for people who can't have property
Comment from : @yangr5481

Gold, silver, platinum will hold value than printed government money 😂
Comment from : @exposingproxystalkingorgan4164

Good point
Comment from : @adambriggs9714

I seem to remember him buying a billion dollars worth of silver?
Comment from : @Treashuntr2020

What business or stock since the time of Christ have survived? 😅 Gold survived with same purchase power
Comment from : @hedgeowlinvest7902

Neither is money
Comment from : @KL-0102

this guy doesn't produce anything either
Comment from : @mrsog7468

He hates it when common people get rich That's why he hates crypto Well Mr curmudgeon I'm glad I didn't listen to you on this that train left the station years ago
Comment from : @markcormier3669

Warren has liquidated a lot of stock lately, and he certainly doesn't keep fiat under his mattress or in a bank Conclusion This is a fake out, and what he is really saying is leave gold and silver for him and his buddy Gates They do lots of business together
Comment from : @enterprisencc1701z

He bought plenty of gold and silver when it $450 silver and low $200 on gold
Comment from : @Freedomishere-im6ug

Inside traders dont need gold
Comment from : @raakmore4443

LOL Warren Buffett is a ritch buffoon like most rich buffoons Elon musk please reintroduce the Titanic of 2025
Comment from : @MikeO-p8l

Gold is the unit by which I measure financial wealth and profitabilitybrbrIf you "make a profit" in dollars (or any other currency) over a certain period but can't sell your stuff for the same number of ounces of gold, you lost money!
Comment from : @ewinslow822

I don't trust him
Comment from : @Bloodroot5

Gold is insurance You don't buy it to make money You buy it so you don't lose everything you have
Comment from : @Shawn-sk1bj

He could deplete almost all the Silver in the US by buying it all if he wanted to and still be a Billionaire
Comment from : @twilightgarrison3671

Till -> 'til The words have different definitions
Comment from : @justin_time

Insure ityeswith lots and lots of ammunition 😅
Comment from : @jyralnadreth4442

He will lose a lot of money if everyone starts to collect physical gold and dump paper stock😂
Comment from : @otron805

Gold doesn't go up in price but gold was meant to be Financial stability when inflation hit
Comment from : @generalissimolam3044

Gold 32$ an ounce 1972 Today about 2400$ Anyone interested? I know Berkshire did way better, but this stuff was already called GOLD and didn’t pretty damn well
Comment from : @sgrant39

Hypocrite
Comment from : @mrwhy8073

I used to think only JP Morgan and Blackrock CEO's would lie about Cryptos I was wrong
Comment from : @waltpeters4388

Says the man who tried to corner silver :)
Comment from : @atfarmerbrown

It’s why I invest in miners onlybrBloody hard to make a return in this space thoughbrI suspect it will see some love once the AI bubble bursts and commodity demand increases, trouble is when it’s a recession it affects the entire market, not just AI/tech equities
Comment from : @HML-it7te