taz,
Here's what Warren Buffett's offsider, Charlie Munger said about gold not so long ago.
"I don't have the slightest interest in gold. I like understanding what works and what doesn't in human systems. To me that's not optional; that's a moral obligation. If you're capable of understanding the world, you have a moral obligation to become rational. And I don't see how you can become rational hoarding gold. Even if it works, you're a jerk."
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