| “Civilised people don’t buy gold. They invest in productive businesses,” Charlie Munger, Warren Buffett’s partner, said in 2012. Farmland trumps gold nuggets any day, the Sage of Omaha opined.
Tell that to the markets. The gold price keeps hitting new highs following the vote on Brexit. Last week, it rose above $1,375 an ounce, up from $1,050 at the start of the year. Bank of America Merrill Lynch now predicts that economic uncertainty will drive the price above $1,500...............................................Full Article: Source
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