You are viewing a single comment's thread from:
RE: What kind of Gold/Silver Stacker do you want to BE?
Warren Buffett has said that he doesn't understand why people buy gold and silver.
We pay people lots of money to dig it out of the ground, then we pay other people lots of money to exchange it, and finally we pay yet other people lots of money to bury it back in the ground so nobody can touch it.
Kinda makes you think.
Buffet is an old school value investor and its worked well for him, but Gold and Cryptos and other non-yielding assets are outside his domain.
When you boil down a lot of human behaviour it sounds pretty silly so wouldn't expect this to be any exception ;)
👍