It is traditional ancient knowledge our forefathers have been teaching. Health and Wisdom are key to a successful life. As our societies grow more capitalistic, governed free market economies, the focus on financial education will increase. So in this era and age - Health Wealth and Wisdom are going to be three great focus areas. Frugality is a key topic to go hand in hand with wealth creation.
If you buy a piece of land, it is employable. You can probably produce tomatoes or paddy out of it. This is an employable asset.
Can good on it's own create anything? No. It is not an employable asset. Gold is an unemployable asset. It is good for speculation. Hoping that you but it cheap and some day in the future it will be worth more.
My prediction is that as Indian youth go more atheistic and urban, the traditional need for wearing jewellery will come down. By 2065, India's household gold will be fully converted into asserts that produce or create something. Why 2065? Roughly two generations from today.
Warren has clearly stayed away from gold, he bought and silver as a speculative investment.
