Originally Posted by
Daytr
Skol, so Buffet should, as he has over 50 Billion in cash! Yes cash not equities. USDs that earn about the same interest rate as gold & has been depreciating against every major currency in the world. Buffet is obviously a great investor & what he has is generally good timing & patience & he generally sticks to what he knows. Perhaps that's sage advice from the Sage of Omaha that you could take up Skol, as you certainly know very little about gold. Your copy, edit & paste technique though is 2nd to none! Keep up the fine work as 90% of it falls on deaf ears here. LOL
I am not anti the US or US equity markets or the global economy. I would love to have rose coloured glasses & saying the global economy is just fine. However I have a view & that is that US equity markets are over valued particularly considering the global economic back drop. At some point they wont be, but at this point imo they are. FYI I have never urged anyone to buy gold. Stop making things up & I suggest you just stick to your copying, selective editing & pasting. Its your forte! LOL