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POSTED ON April 3, 2019  - POSTED IN Guest Commentaries

As you probably know, Warren Buffett has never been a fan of gold and has publicly disparaged the yellow metal on more than one occasion. About a year ago, he compared investing in gold and stocks, arguing that over the long term gold is an “unproductive asset” that “doesn’t produce anything.” So, why have it, unless you just want something to “fondle.” At the time, we argued that Buffet’s comments fall apart when you realize that gold is money. After all, I doubt you would ever hear him say “never hold cash because it’s an unproductive asset.”

Well, Buffet is at it again.

POSTED ON May 21, 2018  - POSTED IN Key Gold Headlines

Warren Buffett has never been a fan of gold and has publicly disparaged the yellow metal on more than one occasion.  During his annual shareholders meeting earlier this month, he compared investing in gold and stocks, arguing that over the long term gold is an “unproductive asset” that “doesn’t produce anything.” So, why have it, unless you just want something to “fondle.”

But is Buffett really making an accurate comparison? Or is this a proverbial apples and oranges scenario?

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