Russell vs Buffett; zlato vs. akcie

Cena zlata je na ceste k US$6000/oz, tvrdí R. Russell: pokiaľ by zlato zopakovalo výkon zo 70-tych rokov, t.j. zhodnotilo 24 krát, tak jeho cena by dosiahla US$6000/oz. W. Buffett na druhej strane zlato sčasti ignoruje: ak by som si mohol vybrať medzi zlatom, akciami ako ExxonMobile a poľnohospodárskou pôdou, tak by som zvolil akcie a pôdu.

Pozn: Tak ako Rogers, Casey a mnohé ďalšie osobnosti globálneho biznisu, tak aj Buffett vidí pôdu ako dobrú investíciu do budúcnosti.

Russell says gold is on its way to $6,000:

This time, gold has, so far, only multiplied five times -- from 255 to 1430. If gold was to repeat its 1970 performance and multiply 24 times, it would rise to over 6,000. But there's a difference between the two gold bull markets: This time the other half of the world's population (China, India, Asia) has been added to the mix. And this time, the very viability of fiat currencies is a part of the picture.”

Buffett riled up the goldbugs with various comments last week on CNBC. For instance:

"If you took all the gold in the world, it would make a 67 ft cube. It would be worth about $7 trillion, about a third of the value of all the stocks in the U.S. So you can own gold, which can do nothing, or stocks. You could also have farmland. If you gave me the choice, between all the farmland in the country, stocks like ExxonMobile, or gold, I'd choose the stocks and the farmland."

Článok: www.businessinsider.com/richard-russell-gold-6000-2011-3