Gold almost hitting $1060 per ounce

As the Gold Bull rages on...I found this quote by Warren Buffet which I found amusing: "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." Well Warren we are all scratching our heads now lol!