The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor Charly Travers discuss topics around the investing world.

John and Charly react to a recent piece that said that Warren Buffett is wrong about gold. Charly puts forward his case for owning productive businesses while conceding that owning some gold makes a lot of sense for some investors. The video concludes with some ideas from Charly on investing in gold.

Charly Travers has no positions in the stocks mentioned above. John Reeves owns shares of Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway and Coca-Cola. Motley Fool newsletter services recommend American Express, Berkshire Hathaway, and Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.