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Investing in Precious Metals Just because it shines, doesn't mean it ...

Investing in Precious Metals Just because it shines, doesn't mean it ...

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What does Warren Buffett say?• Let's now create a pile B cost<strong>in</strong>g an equalamount. For that, we could buy all U.S. cropland(400 million acres w<strong>it</strong>h output of about $200billion annually), plus 16 Exxon Mobils (theworld's most prof<strong>it</strong>able company, one earn<strong>in</strong>gmore than $40 billion annually). After thesepurchases, we would have about $1 trillion leftover for walk<strong>in</strong>g-around money (no sense feel<strong>in</strong>gstrapped after this buy<strong>in</strong>g b<strong>in</strong>ge). Can youimag<strong>in</strong>e an <strong>in</strong>vestor w<strong>it</strong>h $9.6 trillion select<strong>in</strong>gpile A over pile B?

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