Thursday, July 25th, 2024

Warren Buffett quoted on gold

October 3, 2011 by  
Filed under Investing

“You could take all the gold that’s ever been mined, and it would fill a cube 67 feet in each direction. For what that’s worth at current gold prices, you could buy all — not some — all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”

Warren Buffet interviewed by Ben Stein, October 19, 2010

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