[throwback]

Yes, but Warren B. is a bit of a P.T. Barnum. His local jewelry firm is buying old jewelry just like the rest. Buffett’s like Obama, it's what he does, not what he says. Gold seems like it has only one purpose; for use in the case of emergency and the emergency must be hyper-inflation. With the ship of fools in Washington and other capitals around the world, the possibility seems more like a probability, so how stupid is it?

[Onelifetogive]

Gold seems like it has only one purpose; for use in the case of emergency and the emergency must be hyper-inflation.

Not exactly, it was a different emergency for the Jews who used gold to bribe their way out of Nazi Germany or the educated people who used it to bribe their way away from the Khmer Rouge.