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The Pareto Investor's avatar

What’s your take on Buffett never owned gold?

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Bruce Fox's avatar

Physical gold doesn’t pay any dividends and you have to pay to securely store it as well. I believe Buffett traded in the Silver market decades ago but never in Gold.

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Metals and Miners's avatar

I know when he entered the silver market in a big way, he was asked (strongly) to exit it and he did. HIs huge allocations could be the reason why he hasnt.

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