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The man who called gold a "useless rock" for 50 years… secretly bought into it. — MarketVault
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The man who called gold a "useless rock" for 50 years… secretly bought into it.

2020s2020youtube

Warren Buffett spent decades mocking gold — saying it earns nothing just sitting there. Then in 2020, his own company quietly bought a stake in a gold company, and Wall Street was stunned. But here's the bigger story Gold just crossed ₹1.5 LAKH per 10 grams. Everyone blames "wedding season." Wrong. The real reason is geopolitical: central banks — India, China, Russia — are quietly selling US dollars and hoarding gold. When the world loses faith in the dollar, everyone runs to the oldest safe asset on earth. And the craziest part? India's single biggest gold buyer isn't a jeweller or a person — it's the RBI itself, sitting on 800+ tonnes. It's not buying for jewellery. It's a SIGNAL: a slow move away from the dollar. When gold's biggest critic AND the world's biggest central banks both run to gold — pay attention. Don't blindly buy at an all-time high, but always understand where the big players are putting their money. Save this & Share with someone about to buy gold. Comment "GOLD" and I'll DM you the smart ways to hold gold (SGBs, ETFs & more). Follow for finance made simple. 🇮🇳 Disclaimer: This is financial education, not investment advice. Always do your own research before investing. #theniftyman #warrenbuffett #goldprice #gold #rbi #dedollarization #indianeconomy #geopolitics #personalfinanceindia #investingtips #sovereigngoldbonds #goldetf #financereels #moneytipsindia #financialliteracy #stockmarketindia



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