Seriously many of you like a cult leader , lets call it the Gold...

Seriously many of you like a cult leader , lets call it the Gold Stock equity cult GSEC, it doesnt matter what the reality, the cult speak stays the same, even when your losing money

Cult beliefs

Gold stocks are the same as gold so we can talk about gold yet never own any

The USD is will crash and go to zero, it doesnt matter what the state of the rest of the world, it doesnt matter how much money the rest of the world prints, its always about the USD

If anyone questions the cult speak we will divert the cult back to the cult beliefs and repeat them

We will ignore all arguments to the contrary, gold stocks always out perform gold by 3:1, only era in human history that mirror this belief will be considered

All heretics who question the cult beliefs will be denounced

The cult listens to only sources that agree with their beliefs, commentators who agree will have their record of forecast inflated past factual reality to the level of some grandiose investment guru (Sinclair)

Good luck with all that cults are the beat way to lose money that exist

For the record Buffett didn't get ordinary shares his risk is very low.

They created a special type of preferred stock by issuing Buffett’s 50,000 shares of the preferred class, worth $100k per share equaling $5 billion. This preferred stock will pay Berkshire 6% annually in perpetuity. Should Bank of America want to end the arrangement, they will have to pay Berkshire a 5% premium of $250 million. And of course, should they ever go bankrupt, the shares of the preferred stock would stand in line ahead of the common shareholders to redeem the liquidated assets.

Doesnt sound like a dumb deal to me ?