Buffett: Gold “has two significant shortcomings.”

Warren Buffett cautioned investors in his annual shareholder letter that gold quote is currently a huge favorite of investors who fear almost all other assets, but that the precious metal quote has two significant shortcomings, being neither of much use or procreative. If you own 1 ounce of gold for all eternity, you'll still own an ounce at its end. You buy it, has no value.Gold is just a trade. It's always been a trade. It is a store of value over very, very long periods of time, but it spikes up and then ...