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  1. oracle

    Buying gold

    The issue is even though everyone believes they are as smart and skilful to time the market like Soros and Rogers are the reality is most of them are not and end up losing money big time. The last I read somewhere was Soros was completely out of Gold investments when Gold traded around $1500...
  2. oracle

    Buying gold

    Buffett puts his money where his mouth is. Buffett is a long term investor. He doesn't care about how US stocks will do over the next 12-24months. His investment timeframe is decades. So US stocks doing well over the last 12 months would have not influenced his decision to buy one iota...
  3. oracle

    Buying gold

    Yet, for the past 2 years everyone has been printing money and still the price of Gold hasn't gone anywhere. Infact down 30% from it's peak. Every bit of logic used to justify the increase in price of Gold has happened over the past 2 years (aka money printing, uncertaintly in form of US nearly...
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