I have just read in the Internet the following news:
Super-rich ones they buy gold for ton in the crisis
Fears on a new economical crisis impel appetite for gold and for mineradoras actions, executive of the bank UB says http://economia.ig.com.br/mercados/financeiro/superricos
Stupid. What do they do when the price of the gold to fall down?
There is no wealth without WORK and CONSUMPTION. To the opposite of investing the money in something that produces these two things the very rich ones immobilize capital transforming it in something absolutely useless and, in the future, without value.
We should never suppose that the very rich ones are very intelligent. They are also stupid that act under the pressure of the herd instincts. And they run for the abysses as all the herds.