Why would Warren Buffett buy a gold mining stock after being so pessimistic about gold?
Recently in the Berkshire hathaway 13F filing, it was revealed that Warren Buffett cut his position in JPM by 61% and trimmed his positions in Wells Fargo as well He also completely closed his position in GS!. But, most notably, the former gold-pessimist bought a $565M position in Barrick gold. Today I’ll discuss what this could mean about how Buffett’s outlook for the US economy has changed. So stay tuned.


I am not a financial advisor, and it is only my opinions and interpretations I offer. You need to fully understand and investigate any investment decisions you make.
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