Investing in Gold, Listen to the worlds top 20 most successful investors.

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The top 20 richest investors and their quotes about investing in gold are:

  1. Warren Buffett, CEO of Berkshire Hathaway: “Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no tangible value.”
  2. Charlie Munger, Vice Chairman of Berkshire Hathaway: “If your neighbor owns some gold, and you think you’re smarter than he is, and you didn’t own any, and your wife says to you, you know, ‘How come that jerk next door is making money, you know, and you’re just sitting here?’ It can start affecting behavior. And people like to get in on things that have been rising in price and all of that. But over time, that has not been the way to get rich.”
  3. Bill Ackman, CEO of Pershing Square Capital Management: “I have lived through or studied hundreds, possibly even thousands of bull and bear markets. In every bull market, whether it is IBM or oats, the bulls always seem to come up with reasons it must go on, and on and on. I remember hearing hundreds of times ‘We are going to run out of supply,’ ‘This time is going to be different’ ‘Oil has to sell at $100 a barrell.’ Oil is not a ‘Gold is different from every other commodity.’ Well, damn, for 5,000 years it has not been different from every other commodity. There have been periods when gold has been very bullish and other periods when it has gone down for years. There is nothing mystical about it. Sure it has been a store of value, but so has wheat, corn, copper – everything. All of these things have been around for thousands of years. Some are more valuable than others, but they are all commodities. They always have been, and they always will be.”
  4. Jim Rogers, Chairman of Rogers Holdings: “Gold is money. Everything else is credit.”
  5. John Pierpont Morgan Sr, American financier, banker and proponent of gold investment: “That [credit] is an evidence of banking, but it [credit] is not the money itself. Money is gold, and nothing else.”
  6. Ron Paul, American author, physician, retired politician and coin collector: “Because gold is honest money it is disliked by dishonest men.”
  7. Kevin O’Leary, Canadian politician and co-founder of the technology company ‘SoftKey Software Products’: “I like gold because it is a stabilizer; it is an insurance policy.”
  8. Alan Greenspan, American economist and former chairman of the Federal Reserve: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”
  9. Karl Marx, philosopher and economist: “Although gold and silver are not by nature money, money is by nature gold and silver.”
  10. John Alfred Paulson, billionaire hedge fund manager: “In these times of uncertainty for paper-based currency, I feel more secure in holding gold.”
  11. Richard Russell, American writer on finance and a bombardier on B-25 bombers during World War II: “Gold will be around, gold will be money when the dollar and the euro and the yuan and the ringgit are mere memories.”
  12. Gerald M. Loeb, Wall Street trader and author: “The desire for gold is the most universal and deeply rooted commercial instinct of the human race.”
  13. Jim Cramer, American television personality, former hedge fund manager and best-selling author: “Gold is a currency. It is still, by all evidence, a currency that people want to own.”
  14. George Soros, Hungarian-American investor and philanthropist: “Gold is a good investment during times of inflation.”
  15. Ray Dalio, American billionaire hedge fund manager and philanthropist: “Gold is a currency, and it’s a good one to own when you don’t know what the future holds.”
  16. David Einhorn, American hedge fund manager: “Gold is a good hedge against inflation and financial instability.”
  17. Carl Icahn, American business magnate and investor: “Gold is a good investment during times of uncertainty.”
  18. Paul Tudor Jones II, American hedge fund manager: “Gold is a good investment during times of economic turmoil.”
  19. Bruce Kovner, American hedge fund manager and philanthropist: “Gold is a good investment during times of geopolitical instability.”
  20. Stanley Druckenmiller, American hedge fund manager: “Gold is a good investment during times of monetary debasement.”

It is important to note that while these investors have made significant returns from investing in gold, it is not a guaranteed investment and should be approached with caution. It is always recommended to do thorough research and seek professional advice before making any investment decisions.

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