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Resources => Chinese Numismatic News, Articles, Books => Topic started by: exchange on May 07, 2012, 06:00:14 PM

Title: 'Civilized People Don't Buy Gold': Berkshire's Munger
Post by: exchange on May 07, 2012, 06:00:14 PM
Not suprised to hear this from Berkshire, the same Berkshire who purchased 129.7 million ounces of silver back in 2001 and sold it all in 2006.
http://www.time.com/time/magazine/article/0,9171,138593,00.html

"Gold is a great thing to sew into your garments if you’re a Jewish family in Vienna in 1939," the Berkshire vice chairman said, "but I think civilized people don’t buy gold, they invest in productive businesses.".....

http://www.cnbc.com/id/47298734


exchange
Title: Re: 'Civilized People Don't Buy Gold': Berkshire's Munger
Post by: badon on May 07, 2012, 06:29:07 PM
Warren Buffet has been pro-government lately, at the expense of truth and his business profits.
Title: Re: 'Civilized People Don't Buy Gold': Berkshire's Munger
Post by: BChung on May 07, 2012, 08:40:25 PM
The recent Financial crisis has shown the true colors of Warren Buffet & Charlie Munger. Hypocrites. Buffet tax stance is perhaps the biggest joke of all if ones goes and does some research regarding this "real" tax stand. Did I mention BUffet's constantly defending one of wall streets biggest Ar**hole, who runs a company which has a stake in?