Comments on: … but Buffett Steering Clear of Bullion

By: BullionToBuy.com

BullionToBuy.com — Fri, 26 Mar 2010 22:13:26 +0000

Gold Indian…

Gold Indian I have Indian nationality without NRI status. Last 3 months I'm staying in the Gulf. How much gold can I take? I have Indian nationality, without condition NRI. Vuelvo India – Mumbai after 3 months in the Gulf country. How much gold I…..

By: windmill

windmill — Thu, 03 Dec 2009 04:32:14 +0000

Don’t forget about the almighty barter system !! The way the world is spinning all nations in the same twirl these days. It seems we’re all headed for a real one Nation under the Stars ! Pardon the reality.

By: Larry

Larry — Fri, 20 Nov 2009 20:49:22 +0000

Sorry… the price of SILVER.

By: Larry

Larry — Fri, 20 Nov 2009 20:48:03 +0000

Does anyone remember the Hunt brothers of the 70′s? They pushed the price over $21 an ounce before it crashed.

By: Steve

Steve — Fri, 20 Nov 2009 20:10:02 +0000

Seems like after inflation, If I didn’t have gold, I could only buy 500 $1 items.

By: eric

eric — Fri, 20 Nov 2009 18:26:12 +0000

It doesn’t make sense to own gold, instead owning large MNCs makes a lot of sense. If gold is at $1000 you can buy 1000 $1 items. If after inflation gold hits $2000 you can still only buy 1000 $1 items, which now cost $2 each.

However, if you buy companies that can pass along their increased costs to the consumers you’re in the same situation; but if these companies do business in countries not using the US Dollar, then you gain from the inflation in the US.

By: ron

ron — Fri, 20 Nov 2009 17:08:45 +0000

what goes up…always comes down????

By: Daily Blogwatch: Why isn’t Buffett investing in gold? | cars burner

Daily Blogwatch: Why isn’t Buffett investing in gold? | cars burner — Fri, 20 Nov 2009 13:11:12 +0000

[...] Since Warren Buffett thinks inflation is going to happen, why isn’t he investing in gold? [...]