Gold Gets Dug Out of the Ground; Then We Melt It Down, Dig Another Hole, Bury It Again

Warren Buffett? Frank Fellinger? Apocryphal? Anonymous? Dear Quote Investigator: The funniest and most perceptive comment about the precious metal gold is attributed to the super-investor Warren Buffett: Gold gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand …