Archive · 1 Feb 2026
Buffett Prefers Farmland Over Gold
Warren Buffett, a famous investor, doesn't like gold.
He said that all the gold in the world would make a big cube worth about $7 trillion.
He would rather have all the farmland in the United States and seven big companies like Exxon Mobil than that gold.
He thinks gold is about people being afraid, and it doesn't make anything.
On Friday, the price of gold dropped a lot, which made some people worried.
Another famous investor, Ray Dalio, thinks people should have some gold in their investment portfolio, about 5-15%, to protect against problems like too much debt.
Analysts say that gold is good for long-term investment and not just for short-term trading.
They advise buying gold in a planned way during price drops rather than panicking.
Warren Buffett prefers farmland and seven Exxon Mobils over all the gold in the world, worth about $7 trillion.
Buffett stated that all the gold in the world would make a cube 67 feet on a side, valued at around $7 trillion.
Gold prices dropped 8.25% or $438.80/oz to $4,879.60/oz on Friday, compared to $5,318.40/oz at the previous market close.
CME Group raised margins on Comex gold and silver futures after significant price drops.
Ray Dalio recommends a 5-15% allocation to gold as part of a balanced portfolio to hedge against economic issues like debt.
Gold prices on the MCX in India fell by nearly ₹38,000 from record highs, prompting investors to consider buying opportunities.
Analysts advise using gold as a strategic portfolio hedge rather than for short-term trading, suggesting staggered buying during corrections.
- Who
- Warren Buffett, Ray Dalio, and market analysts
- What
- Warren Buffett's preference for farmland and Exxon Mobil over gold, and Ray Dalio's recommendation for gold allocation in portfolios
- When
- Recent statements and gold price drop on Friday
- Where
- United States, global markets, India
- Why
- Buffett believes gold is a way of investing in fear and does not produce anything, while Dalio sees gold as a hedge against debt and economic issues
- Warren Buffett
- Billionaire investor and former CEO of Berkshire Hathaway
- Gold Cube Value
- $7 trillion
- U.S. Farmland Value
- Equivalent to $7 trillion
- Exxon Mobil Value
- Seven Exxon Mobils equivalent to $7 trillion
- Gold Price Drop
- $438.80/oz (8.25%) on Friday
- Gold Price at Close
- $4,879.60/oz
- Previous Gold Price
- $5,318.40/oz
- CME Group Action
- Raised margins on Comex gold and silver futures
- Ray Dalio
- Billionaire investor and founder of Bridgewater Associates
- Gold Allocation
- 5-15% of portfolio
- Gold Price Drop in India
- ₹37,779 or nearly 21% from record high levels
- Gold Price on MCX
- ₹1,49,653 per 10 grams during Friday's session
- Gold Price on Sunday
- ₹143,000 per 10 grams
