If found this little gold nugget (pun intended - you'll soon see why :-) in the wikipedia article on Warren Buffet, one of the true investing geniouses that ever lived. Mr. Buffet was quoted as saying about gold:
"It [gold] 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".
Does gold have any intrinsic value? I believe many forms of information have more intrinsic value to humanity than physical gold.
I wonder why people chase gold instead of chasing dreams?
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