Why warren buffett is selling gold?

Gold makes beautiful jewelry, but in general it has no practical uses. In Buffett's view, since it has virtually no inherent value, it's not a good financial asset.

Why warren buffett is selling gold?

Gold makes beautiful jewelry, but in general it has no practical uses. In Buffett's view, since it has virtually no inherent value, it's not a good financial asset. The metal that shines for Buffett is silver, not gold. Buffett decided to sell GOLD shares, as the global pandemic gradually began to subside.

Therefore, I think I could have sold the shares of Barrick Gold at just the right time.

Miles Korpela
Miles Korpela

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