The Sunday Mail
“Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head . . .
“Gold is an unproductive asset that will never produce anything, but that is purchased in the buyer’s hope that someone else – who also knows that the asset will be forever unproductive – will pay more for them in the future.” – Warren Buffet
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