Saturday, October 23, 2010

Gold - view from Warren Buffett

I paraphrased here : "if you take all the gold that has been mined and sell them at current price, you can buy all the farmland in US, plus 10 Exxon Mobil, and still have $1 trillion change. Which one has better long term value?"

http://www.gurufocus.com/news.php?id=109871