Buffett: Gold “has two significant shortcomings.”

Investment Perspective on Gold - Warren Buffett cautioned investors about gold's shortcomings, noting it lacks utility and procreative ability [1] - Gold is viewed as a trade, acting as a store of value over extended periods but prone to volatility [2] Market Dynamics of Gold - Central bank diversification, particularly from China, India, Turkey, and Mongolia, drives gold demand due to geopolitical concerns and trade wars [3] - FOMO (Fear of Missing Out) and momentum traders contribute to gold's price surges [3] Trading Gold - Trading gold like stocks is often done incorrectly; central bank positioning and retail/regular trader activity are key factors [2]