Sunday, July 21, 2024

Buffett thinks the dollar will decline the next few years. Does he think gold and silver are good investments?

October 24, 2010 by  
Filed under Silver Investment FAQ

Comments

5 Responses to “Buffett thinks the dollar will decline the next few years. Does he think gold and silver are good investments?”
  1. Good guy says:

    Yes, one more thing other people are overlooking is diamonds, I already invested some of my money in diamonds.

  2. cato___ says:

    I dunno, but he has said that women and water are in short supply.

    She said I can’t go back to America soon
    So goddamn cold it’s gonna snow until June
    Yeah, they’re freezing up in Buffalo stuck in their cars
    And I’m lyin here ‘neath the sun and the stars

    Customs man tells her that she’s gotta leave
    She’s got a plan hidden up her shrewd sleeve
    Wants to find her a captain, a man of strong mind
    And any direction he blows will be fine

    Please don’t say manana if you don’t mean it
    I have heard those words for so very long
    Don’t try to describe the ocean if you’ve never seen it
    Don’t ever forget that you just may wind up being wrong

    Tried and I tried but I don’t understand
    Never seemed to work out the way I had it planned
    Hangin’ out in a marina when Steve Martin called
    Singin’ anybody there really want to get small

    Women and water are in short supply
    Not enough dope for us all to get high
    I hear it gets better, that’s what they say
    As soon as we sail on to cane garden bay

    Please don’t say manana if you dont mean it
    I have heard your lines for so very long
    Don’t try to describe the scenery if you’ve never seen it
    Don’t ever forget that you just may wind up in my song

    Called all my friends on those cheap nightly rates
    Sure was good to talk to the old United States
    While the lights of St. Thomas lie twenty miles west
    I see General Electric is still doing their best

    I got to head this boat south pretty soon
    New albums old and I’m fresh out of tunes
    But I know that I’ll get them, I know that they’ll come
    Through the people and places and caldwoods rum

    Please don’t say manana if you dont mean it (dont mean it)
    I have done your lines for so very long
    Don’t try to describe a kiss concert if you’ve never seen it
    Don’t ever forget that you just may wind up being gonged

    And I hope Anita Bryant never ever does one of my songs
    No no no

  3. phipsi32 says:

    I haven’t heard Buffet comment on Gold/Silver. But traditionally hard assets do well when the dollar falls. They also crash and burn when fear subsides and the dollar rises. So there is money to be made. Just make sure you get out before the party is over otherwise you’ll be stuck cleaning up the mess.

    Keep gold/silver to 5%-10% or less of your portfolio. Diversify with other commodities like oil and natural gas.

  4. beastseekbeauty@yahoo.com says:

    If his first assumption is correct, then your second sentence would be correct too.

  5. US delenda est says:

    Not just silver and gold, but all resources/raw materials.

Copy Protected by Tech Tips's CopyProtect Wordpress Blogs.