The discussion amongst economic experts is, “What is Warren Buffett trying to tell us?” with his latest moves into Barrick Gold. The reason why these moves have experts scratching their heads is because Buffett is notorious for considering gold to be worthless. He’s quoted as saying, “[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.”
Today’s guest and “macro addict”, George Gammon, reveals what he believes Warren Buffett’s move into gold is trying to tell us. He says, “Watch their actions, not what they’re saying.”
With the uncertainty with the pandemic, the economy, George says, “You have two choices: one, you can be prepared, or two, you can be a victim.”
Hosts Robert and Kim Kiyosaki and guest George Gammon discuss why regardless who wins during these current economic times, gold wins, and why you shouldn’t try to predict the future, but what you should be doing now.
Visit George Gammon’s website: http://www.georgegammon.com
Listen and watch his Podcast “The Rebel Capitalist” on his YouTube Channel: https://www.youtube.com/c/GeorgeGammon
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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
