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Re: Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman

By: Decomposed in 6TH POPE | Recommend this post (0)
Sat, 15 Aug 20 9:29 PM | 21 view(s)
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Msg. 04845 of 60014
(This msg. is a reply to 04842 by micro)

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micro:

Re: “why did they just not buy physical gold?”
Why ask me? Buffett is a complicated man. He no doubt sees more potential in Barrick gold than in physical gold. Perhaps Buffett owns trucking companies or refineries that do business with Barrick. Perhaps he owns land that Barrick wants to mine. Perhaps he can influence governments that Barrick would like to make deals with. Lots of possibilities.







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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman
By: micro
in 6TH POPE
Sat, 15 Aug 20 2:55 PM
Msg. 04842 of 60014

DE

why did they just not buy physical gold?


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