Warren Buffett Buying Gold. Dear warren buffett, your recent comments about gold left me a little puzzled. Warren buffett exits gold entirely.
Right now, gold and silver is becoming a hot topic. You said “the magical metal was no match for the american mettle,” and that we shouldn’t “panic at the prospects of runaway deficits and a worthless currency.” you end by showing how stocks have outperformed gold since 1942. Announcements of berkshire hathaway’s acquisition of barrick gold ( gold ) on friday sent shares soaring in the aftermarket and acted as vindication to gold bugs the world over that the yellow metal has a shiny future.
7 Business Lessons From Warren Buffett Business 2 Community
Warren buffett’s latest buy barrick trades under the new york stock exchange ticker gold. It’s an asset that produces no cash flow, but (if you own the actual physical commodity) you need to pay to store. Warren buffett is making a bet on gold. So today i have legendary natural resource investor rick rule on to discuss how to exit the gold and silver industry.
