u-Bob

true, you don't buy gold to make money, you use gold as a store of value and a medium of exchange. Comparing gold to farmland is comparing apples and oranges. If you want to compare gold to something else, you need to compare it to another medium of exchange like the USD or the Euro.

In regards to stocks beating gold and bonds, Buffett's saying nothing new. We'll be seeing a serious rise in stock prices. So there's money to be made in short term. Even some of the perma-bears are going bullish on stocks. Wenzel at EPJ called it months ago.

Just be careful. The boom's purely based on new money (thank the Bernank for that). Add the fact that a lot of the excess reserves at the Fed have started leaking out into the economy since August last year and you know the fun won't last for long.