Why Does Warren Buffett Hate Gold So Much?

He often talks about how gold is a “barbarous relic” and how “the magical metal is no match for the American mettle”. Does he really…

by Chris Marcus via Arcadia Economics

Warren Buffett often talks about how gold is a “barbarous relic”. As well as how “the magical metal is no match for the American mettle”.

Yet given how Warren’s father Howard was a sound money advocate who understood gold’s role rather clearly, it’s often difficult to reconcile some of Warren’s comments.

Especially given how at one point, Warren was one of the largest owners of silver in the world.

So what’s the real story?

Does he really believe that gold has no use in an economy? Or is there something else going on?

Find out in this video roundtable with David Moadel of Looking at the Markets, Luis Fernando Mises of Emancipated Human, and Hunter Reilly of Stack Silver Get Gold. Where we separate fact from fiction about Warren Buffett and gold!