Buffett on gold

There is a lot of talk about investing in gold at this time. Thus, a late '90s remark by Buffett re-sounds as true as ever:

"[Gold] It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."

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