| 24.02.2012 - Buffet mischaracterizes gold’s bull market |
| Once again someone famous and once again Warren Buffet is dismissing gold. In comparing it to the bubbles in housing and Internet stocks, he feels he’ll ultimately be vindicated. In his annual letter to shareholders, Buffet trashed gold as a bubble that is being driven by fear of other asset classes. He believes that those who buy today only do so because they believe the “ranks of the fearful will grow.”..............................................Full Article: Source |