{"id":139880,"date":"2021-09-27T08:28:34","date_gmt":"2021-09-27T08:28:34","guid":{"rendered":"https:\/\/precoinnews.com\/?p=139880"},"modified":"2021-09-27T08:28:34","modified_gmt":"2021-09-27T08:28:34","slug":"heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/","title":{"rendered":"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment"},"content":{"rendered":"<ul>\n<li>Gold is one of the largest financial assets in the world.<\/li>\n<li>Warren Buffett has spoken out numerous times on his doubts, calling it an asset with &quot;no utility.&quot;<\/li>\n<li>Whether gold is great for hedging against market volatility is also widely debated amongst experts.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>ABX-CA<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<li><span>.SPX<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<\/ul>\n<p>Gold is one of the largest financial assets in the world with an average daily trading volume of $183 billion, and its value has seen explosive growth in recent years.<\/p>\n<p>At the start of 2000, gold was priced at just $460 per ounce when adjusted for inflation. By August 2021, that number had ballooned to roughly $1,815 per ounce.<\/p>\n<p>But not all investors are in love with gold. Warren Buffett has spoken out numerous times on his doubts, calling it an asset with &quot;no utility.&quot;<\/p>\n<p>&quot;It doesn&#x27;t produce anything and that&#x27;s why from a long-term perspective, it&#x27;s a hard asset to invest in,&quot; Odyssey Capital Advisors chief investment officer Jason Snipe said. &quot;It&#x27;s prudent portfolio management to have maybe a small allocation there but this is not an asset that you want to be heavily entrenched into if you&#x27;re looking for long-term yield.&quot;<\/p>\n<p>Since 2011, the S&amp;P 500 has returned more than 16% on an annualized basis. The annualized return for the 10-year Treasury note sat at just over 2% in that time period. Gold, meanwhile, has fallen slightly over the past 10 years.<\/p>\n<p>&quot;Early on, you see strong performance, strong return or yield from commodities such as gold. Generally, as we move into a different cycle, gold is not as great a performer as we move into a normalized environment,&quot; Snipe said.<\/p>\n<p>Whether gold is an effective hedge against market volatility is also widely debated among experts.<\/p>\n<p>&quot;Gold is not necessarily a perfect hedge against inflation but it can be a strategic hedge against inflation,&quot; according to Suki Cooper, executive director of precious metals research at Standard Chartered Bank.<\/p>\n<p>&quot;Various studies have shown us that if gold is held for 12 to 18 months before inflation takes higher and then it&#x27;s held for an additional 12 to 18 months while inflation moves higher, it can be a good inflation hedge,&quot; Cooper said. &quot;But if it&#x27;s just bought for a short period, let&#x27;s say a month, it may not prove to be an effective inflation hedge.&quot;<\/p>\n<p><strong>Watch the video to find out more about how gold performs as an investment.<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/09\/24\/is-gold-an-inflation-proof-investment.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold is one of the largest financial<\/p>\n","protected":false},"author":3,"featured_media":139879,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Gold is one of the largest financial\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-27T08:28:34+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/09\/Heres-why-investors-like-Warren-Buffett-dont-like-gold-as-an-investment.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/\",\"name\":\"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-09-27T08:28:34+00:00\",\"dateModified\":\"2021-09-27T08:28:34+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/precoinnews.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/","og_locale":"en_US","og_type":"article","og_title":"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News","og_description":"Gold is one of the largest financial","og_url":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/","og_site_name":"Pre Coin News","article_published_time":"2021-09-27T08:28:34+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/09\/Heres-why-investors-like-Warren-Buffett-dont-like-gold-as-an-investment.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/","url":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/","name":"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-09-27T08:28:34+00:00","dateModified":"2021-09-27T08:28:34+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/markets\/heres-why-investors-like-warren-buffett-dont-like-gold-as-an-investment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/precoinnews.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Here&#x27;s why investors like Warren Buffett don&#x27;t like gold as an investment"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/139880"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=139880"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/139880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/139879"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=139880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=139880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=139880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}