No matter how great gold performs, it is still speculation,

来源: longterminvestor 于 2011-03-07 14:53:56 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (250 bytes)
回答: Buffett correct or wrong? 由 天下无马 于 2011-03-07 14:13:21

there is nothing wrong with speculation, just that Buffett does not do it. Yeh, gold is up for the last 10 years, but why gold is up? will be up for another 10 years? what dictate its price trend? what if gold was not up for the last 10 years?

所有跟帖： 

• No, it only signifies what is wrong with paper money. -天下无马- ♂ 给 天下无马 发送悄悄话 天下无马 的博客首页 (96 bytes) () 03/07/2011 postreply 15:19:14

• paper money is not perfect, but we have to live -longterminvestor- ♂ 给 longterminvestor 发送悄悄话 longterminvestor 的博客首页 (147 bytes) () 03/07/2011 postreply 16:22:55

• Read American history, read -天下无马- ♂ 给 天下无马 发送悄悄话 天下无马 的博客首页 (111 bytes) () 03/07/2011 postreply 16:42:31

• Read what? gold based currency system caused -longterminvestor- ♂ 给 longterminvestor 发送悄悄话 longterminvestor 的博客首页 (210 bytes) () 03/07/2011 postreply 17:34:48

• Man, what the hell do you know! -天下无马- ♂ 给 天下无马 发送悄悄话 天下无马 的博客首页 (144 bytes) () 03/07/2011 postreply 19:30:15

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