Thursday, October 21, 2010

Warren Buffett: forget gold, buy stocks

http://money.cnn.com/2010/10/18/pf/investing/buffett_ben_stein.fortune/

I respect Warren Buffett for his stock-picking acumen and value-driven analysis, but I have no idea where stocks are headed. As long as the developed world is running deficits, debasing their currencies, and keeping real interest rates negative, I will be accumulating tangible assets, specifically precious metals.

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