Investing in Precious Metals Just because it shines, doesn't mean it ...
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?• Beyond the stagger<strong>in</strong>g valuation given theexist<strong>in</strong>g stock of gold, current prices maketoday's annual production of gold commandabout $160 billion. Buyers -- whether jewelryand <strong>in</strong>dustrial users, frightened <strong>in</strong>dividuals, orspeculators -- must cont<strong>in</strong>ually absorb thisadd<strong>it</strong>ional supply to merely ma<strong>in</strong>ta<strong>in</strong> anequilibrium at present prices.