Why Buffett and Gartman are Wrong About Gold
Posted on March 06, 2012 at 15:11 PM EST
Warren Buffett doesn’t like gold. Neither does Dennis Gartman. That settles it for us; gold must be a table-pounding buy. In this year’s annual letter to Berkshire Hathaway shareholders, Warren Buffett scorned gold as an asset that is “forever unproductive.” “[Gold] will never produce anything,” he wrote. “Gold has two significant shortcomings, being neither of [...] Why Buffett and Gartman are Wrong About Gold originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.
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