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.
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.
Warren Buffett doesn't invest in gold. Berkshire's original purchase of Barrick surprised many, as Buffett is known for his negative view of gold.
Here's what you should know about how much cash you should have and how to make sure you don't miss a buying opportunity during a bear market. Savvy investors tend to argue that cash is part of a solid investment portfolio.
Warren Buffett doesn't invest in gold. Buffett is confident that investments in leading companies will continue to pay off in the long term.
Warren Buffett has expressed his disdain for gold as an investment. He sees little or no value in it.