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Top 7 Warren Buffett Quotes on Gold

Quote No 6: Gold is a 'bandwagon' investment

Quote No 6: Gold is a 'bandwagon' investment

6. "What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth — for a while."

Top 7 Warren Buffett Quotes on Gold

Quote No 1: Quote No 2: Quote No 3: The Fear Factor of GoldQuote No 4: Quote No 5: Quote No 6: Gold is a 'bandwagon' investmentQuote No 7: Gold
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