Title | : | Warren Buffett: Why I HATE Gold? |
Lasting | : | 0.55 |
Date of publication | : | |
Views | : | 599 rb |
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oh don't hide the true messagemoney is a great slave, but a horrible master Comment from : @CynNiki |
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He’s wrong gold and silver great insurance policies, great Comment from : @MelvinCooper-ov8lg |
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This man made BILLIONS using common sense & i've squandered pocket change by being dumb I need to be better! Comment from : @carltonjohnson4424 |
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Buffett owns more gold than all of us stackers worldwide Comment from : @georgeorwell3501 |
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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 |
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Ah yes, apartment houses The producers ofwait Comment from : @yukitadano5098 |
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I am big fan of warren buffettwasim Comment from : @ShakilAhmad-mq8uj |
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All the major governments are buying truckloads of gold I wonder why? Comment from : @kbotah2023 |
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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 |
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Gold and silver are real Comment from : @austinleach6968 |
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15 years ago he spent 5 billion dollars to buy silver at 3 dollars an ounce, he got 10 fold now, Comment from : @hoangdinh2461 |
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He could impersonate RFK Jr Rather well Comment from : @christophercarroll7315 |
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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 |
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Stock Market > Gold Comment from : @jadhavsudhakar2400 |
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He just bought 170 million worth😂 Comment from : @davidchung3204 |
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A piece of farm land will help you out more in hard times than a small gold bar Comment from : @hammerit4409 |
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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 |
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Hex is a crypto that multiplies like a rabbit Comment from : @hex_gekko29568 |
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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 |
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Gold in 2016 was 44 a gram Nows its 88 a gram Fuck warren buffet Comment from : @PCMRvsconsole |
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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 |
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People can say what they want, he's the one with the money! Jealousy of people at its best! Comment from : @lawrencearmstrong8957 |
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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 |
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Buffets argument is really that Gold is insurance against govt created inflation Comment from : @jayjenkins6021 |
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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 |
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do the opposite this guys tells you to do Comment from : @johncled1516 |
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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 |
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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 |
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You have a peaceful, beautiful home Good luck on the figs Comment from : @dirksharp9876 |
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Warren Comment from : @ThMoneyMoves |
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Gold lagged the equities significantly in the long term as it is speculative asset Comment from : @mike_valueinv |
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The only time I’ve heard him mention the name Christ brHe should follow Christ - Yeshua Hamashiach! Comment from : @4WithHope |
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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 |
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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 |
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Warren doesn't realize that you can lend out the gold and earn a return on it! Comment from : @ewinslow822 |
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Classic misdirection Comment from : @V12BHP |
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Why is this has been still alive? Comment from : @sssm1051 |
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gold is necessary, Buffett is Buffett Comment from : @MassimoX |
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Yeah what a great guy Pos makes his $$$ off govt subsidies aka us taxpayers What a piece of 💩 Comment from : @usurykills7605 |
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It doesn't produce it holds! Comment from : @aaron6841 |
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It’s the best way to save money Comment from : @HeyYaKnow |
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Pot stocks Comment from : @omarelias1490 |
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Mr Buffet has loads of precious metals, it’s been reported… Comment from : @alanparks7919 |
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He will never let the secret come out Comment from : @Shivam-st4kq |
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Crypto currencies do multiply, especially when they have a use through smart contracts Comment from : @Heywoodthepeckerwood |
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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 |
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That man is a liar Comment from : @dougfranklin1489 |
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This uber rich bastard for real people, precious metals are a way to hedge savings against inflation Comment from : @nedstarkravingmad1799 |
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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 |
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What’s wrong with your voice bro Sounds like 💩 Comment from : @brandonevenson2300 |
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Its trueits just a good commodity to protect against a recession,market crash etcsilver is much better on my opinion nways Comment from : @MultiMarty25 |
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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 |
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He doesn’t like gold but Buffet LOVES silver! Comment from : @Gary-z5y |
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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 |
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Me too Comment from : @thabet3403 |
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Building or investing in cash flowing assets is for building wealth, Gold is for preserving your wealth Comment from : @RicardoFinnigan |
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Doesnt produce anything? Same as government workers, daytraders, stock investor, politicians, bankers Comment from : @perbacksten6149 |
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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 |
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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 |
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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 |
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It's great for people who can't have property Comment from : @yangr5481 |
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Gold, silver, platinum will hold value than printed government money 😂 Comment from : @exposingproxystalkingorgan4164 |
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Good point Comment from : @adambriggs9714 |
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I seem to remember him buying a billion dollars worth of silver? Comment from : @Treashuntr2020 |
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What business or stock since the time of Christ have survived? 😅 Gold survived with same purchase power Comment from : @hedgeowlinvest7902 |
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Neither is money Comment from : @KL-0102 |
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this guy doesn't produce anything either Comment from : @mrsog7468 |
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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 |
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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 |
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He bought plenty of gold and silver when it $450 silver and low $200 on gold Comment from : @Freedomishere-im6ug |
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Inside traders dont need gold Comment from : @raakmore4443 |
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LOL Warren Buffett is a ritch buffoon like most rich buffoons Elon musk please reintroduce the Titanic of 2025 Comment from : @MikeO-p8l |
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Gold is the unit by which I measure financial wealth and profitabilitybrbrIf you "make a profit" in dollars (or any other currency) over a certain period but can't sell your stuff for the same number of ounces of gold, you lost money! Comment from : @ewinslow822 |
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I don't trust him Comment from : @Bloodroot5 |
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Gold is insurance You don't buy it to make money You buy it so you don't lose everything you have Comment from : @Shawn-sk1bj |
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He could deplete almost all the Silver in the US by buying it all if he wanted to and still be a Billionaire Comment from : @twilightgarrison3671 |
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Till -> 'til The words have different definitions Comment from : @justin_time |
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Insure ityeswith lots and lots of ammunition 😅 Comment from : @jyralnadreth4442 |
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He will lose a lot of money if everyone starts to collect physical gold and dump paper stock😂 Comment from : @otron805 |
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Gold doesn't go up in price but gold was meant to be Financial stability when inflation hit Comment from : @generalissimolam3044 |
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Gold 32$ 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 |
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Hypocrite Comment from : @mrwhy8073 |
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I used to think only JP Morgan and Blackrock CEO's would lie about Cryptos I was wrong Comment from : @waltpeters4388 |
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Says the man who tried to corner silver :) Comment from : @atfarmerbrown |
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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 |
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