Is Warren Buffet planning to buy Gold by predicting it will clash?

I read an article today of Warren Buffet saying those investors runing to Gold as safe heaven are not wise, that Gold will soon clash, when i read this article, it scares the shits out of me that i have to take precautions when i was trying to enter on Gold trade today, but never did it.

But my intake is that i think he is just being sentimental hoping his comments about Gold drives it down, so he can buy with billions of dollars, so what's your intake on this?

Main article https://www.business2community.com/trends-news/warren-buffett-slams-gold-investing-0132960

I guess is inverse psicology.. nice pamm mechael

Thanks man

Buffett is very us-patriotic and pro-stocks, he can sit out another 10 years of downturn market, luckily he can afford medical treatment to live till 120. Soros also called gold the bubble just to provoke the pullback and bought himself heavily. With US printing debts to the level they won't afford to service if they raise the interest rate you won't see any rate increase even past 2014 as Bernanke stated and inflation to eat out the debt value. Gold will only rise so as other commodity currencies.

   mistificator posted:
   Buffett is very us-patriotic and pro-stocks, he can sit out another 10 years of downturn market, luckily he can afford medical treatment to live till 120. Soros also called gold the bubble just to provoke the pullback and bought himself heavily. With US printing debts to the level they won't afford to service if they raise the interest rate you won't see any rate increase even past 2014 as Bernanke stated and inflation to eat out the debt value. Gold will only rise so as other commodity currencies.

You are right

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