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Warren Buffett Sours on Banks and Likes (Gulp!) Gold

 
Anonymous Coward
User ID: 79181383
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08/21/2020 12:18 AM
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Warren Buffett Sours on Banks and Likes (Gulp!) Gold
[link to www.washingtonpost.com (secure)]

Dumping bank shares and investing in a gold miner? It certainly doesn’t sound like a Warren Buffett move, but that’s exactly what the investing guru’s company did in the second quarter, according to a regulatory disclosure Friday. It’s not a good sign for markets.
Anonymous Coward (OP)
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08/21/2020 12:24 AM
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Re: Warren Buffett Sours on Banks and Likes (Gulp!) Gold
bump
M R E

User ID: 71630411
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08/21/2020 12:26 AM

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Re: Warren Buffett Sours on Banks and Likes (Gulp!) Gold
[link to www.washingtonpost.com (secure)]

Dumping bank shares and investing in a gold miner? It certainly doesn’t sound like a Warren Buffett move, but that’s exactly what the investing guru’s company did in the second quarter, according to a regulatory disclosure Friday. It’s not a good sign for markets.
 Quoting: Anonymous Coward 79181383


he or rather Berkshire has been sitting on a pile of cash since about mid 2019, 30 to 40% of Berkshires assets were in cash, I was surprised when he didn't go on a buying spree back in March/April 2020, it's been roughly 7 weeks or so since buying in to Barrick Gold, he might have even bought more since?? we won't know until the filing is released to the public!!
would rather have it & not need it then need it & not have it
Anonymous Coward (OP)
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08/21/2020 01:19 AM
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Re: Warren Buffett Sours on Banks and Likes (Gulp!) Gold
bump
Moses Born Again in L.A.

User ID: 72846583
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08/21/2020 01:25 AM
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Re: Warren Buffett Sours on Banks and Likes (Gulp!) Gold
...@ youtube FX EMPIRE...(DAILY TECHNICAL CHARTS)...SEALOWL1SEALGOLD2
Moses Born Again





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