Don't listen to what he said, look at what he did. Mr. Buffett always talks down gold against stocks, even though he knows in his mind that the more relevant comparison is between gold and ever depreciating paper currencies such as the US dollar. Even compare to stocks, the return of gold is 250% of BRK.A in the last 5 years and 165% in the last 10 years of BRK.A, Buffett's holding company, even with the recent manufactured 'gold flash crash'. What are you going to say about that, Mr. Buffett? I'm sure many will jump out at this moment and say something like one should look at returns of Buffett in the last 20, 30, or 50 years. Hey, we now live in 2013, not 20 or 50 years ago. What have you done for me lately?