Warren Buffett’s Berkshire Hathaway buys 20.9 million shares of Barrick Gold, reduces bank positions

2020/08/16
 
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Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) stock moves for the second-quarter are out, revealing a new position in Barrick Gold.

According to a 13-F regulatory filing, Berkshire Hathaway snapped up approximately 20.9 million shares of Barrick Gold (GOLD), a position valued at $563.5 million at the end of the quarter.

Shares of the gold exploration company were last trading up about 3% near $27.76 per share in the after-hours session.

Berkshire exited its stake in Goldman Sachs (GS), selling the remaining 1.9 million shares, the filing shows.

During the quarter, slashed its positions in financials, including Wells Fargo (WFC) and JPMorgan Chase (JPM). Specifically, Berkshire cut its JPMorgan stake by 61%, selling 35.5 million shares to last own 22.2 million shares, a position valued at $2.01 billion at the quarter’s end. Berkshire also cut Wells Fargo by 26%, selling 85.63 million shares to last own 237.58 million shares, a stake worth $6.1 billion at the quarter’s end.

Elsewhere, Berkshire added to its stake in grocery chain Kroger (KR), buying 3 million additional shares in the quarter. The company last held 21.9 million shares in Kroger, a position valued at $742.6 million at the end of the quarter.
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  1. Avatar Workshop Yoga says:

    Hell yea that’s my biggest holding

  2. Avatar Vinh Ngo says:

    My biggest Holding $$

    • Avatar keep it real says:

      @nsk s so I just buy from the barrick gold app correct?

    • Avatar nsk s says:

      @keep it real ur location , as

    • Avatar nsk s says:

      @keep it real ur location

    • Avatar Stephen MIHALY says:

      nsk s Good luck with that. Timing buying back on pullbacks is a losing proposition. The Fed will never be able to meaningfully stop printing of money and significantly raise rates without crashing the market,
      Any blind person knows this.

    • Avatar nsk s says:

      @Stephen MIHALY u dont hve to worry of big things just buy at 21 , patience pays heavily

  3. Avatar nsk s says:

    ideal price 21 , 22 since pe 10

  4. Avatar Robin says:

    Let the financial crisis begin…

    • Avatar Doug Dennis The Alkaline Life Coach says:

      Robin woohoo, I’ve been waiting over ten years

    • Avatar Akshay Dixit says:

      @Doug Dennis The Alkaline Life Coach do u think gold price will go up with this development?

    • Avatar Doug Dennis The Alkaline Life Coach says:

      @Akshay Dixit I’m not a financial advisor, but I think the gold price was already going to go up, and now it appears Berkshire thinks so too.

    • Avatar C....14x says:

      Silver will follow

  5. Avatar Marcos Mimenza says:

    Taxing extinguishes barter. Barter only survives if it extinguishes the tourist, but not for long. The market is the graveyard of commerce, and it survives from deception, but not for long.

  6. Avatar Rayave Online says:

    Buffet did a 180 degrees turn on his fundamentals. Stonks only go up guys shitting their pants rn.

    • Avatar vietimports says:

      lmao this is so huge. berkshire got rid of such a huge chunk of their financial holdings

    • Avatar Crypto elf says:

      Crack up boom happening as we speak. For now yes melt ☝. Just look at venezuelas markets for how it will prob look.

  7. Avatar steve ducell says:

    20 million out of a cash reserve of 128 billion cash……….that works out to 0.015% It is nothing. He is only doing this to keep investors happy. To shut them up. He is waiting for the right opportunity………..and then he and a few others will buy up EVERYTHING.

    • Avatar Joe Lewus says:

      @Rayave Online over 1/2 billion dollars

    • Avatar nsk s says:

      @Joe Lewus he would’ve averaged 20 a share ie 400 m or half a billion

    • Avatar Joe Lewus says:

      ok, a lot more than 20 million

    • Avatar BaLLa says:

      He bought over 500 million dollars worth of Barrick which equals to 20 million shares

    • Avatar nsk s says:

      @BaLLa true

  8. Avatar Luke McKee says:

    He finally wised up

    • Avatar Luke McKee says:

      @nsk s he made a lot more in the 2 years trading than sitting on gold, but its the right time to sit now

    • Avatar nsk s says:

      @Luke McKee nobody told to trade . buy gold at 1200 and sit

    • Avatar Luke McKee says:

      @nsk s which would have been a bad choice for him at that time, now he sees no yeid in bonds so he is hedging with gold

    • Avatar Stephen MIHALY says:

      Luke McKee And inflation/stagflation around the corner

    • Avatar nsk s says:

      @Stephen MIHALY what u mean is a pullback , that is why buy at 21 . now both agree , nice

  9. Avatar Chris D says:

    All ready for the next great depression, eh?

    • Avatar Vincent Conti says:

      Schadenfreude!

    • Avatar Chris D says:

      @Vincent Conti it is a shame whats going to happen but I’m not taking any joy from my statement!

    • Avatar LANDSHARK7130 K says:

      Chris D system gonna fail soon one way or the other.

    • Avatar Chris D says:

      What I’m saying is in the first great depression or war time the rich buy gold because it retains its value even in and after times of crisis.

  10. Avatar MINDS in Motion says:

    Cramer has been pushing barrick gold stock forever

    • Avatar MostNaturalMedia says:

      @Windsor4270 do you have any you recommend? I’m clueless when it comes to gold/gold mining stocks

    • Avatar Windsor4270 says:

      @MostNaturalMedia Equinox gold is very undervalued. Eldorado, Osisko gold royalty, Kirkland Lake, SSR mining, Pan American Silver, and of course the ETFs like the GDXJ and SILJ if ya don’t wanna do much maintenance. I have others but that’s a pretty good group of stocks that should do very very well over the next 2 or 3 years. If i was a betting man, Equinox will be up over 100% in the next 12 to 18 months. They have a huge growth profile, low costs and a fantastic management team. Diversify unless buying the index like silj or gdxj. Silver should also do fantastic if not better than gold, however it’s more volatile.

    • Avatar Stephen MIHALY says:

      MostNaturalMedia Its a small world. The larger producers which are the safest plays are NEM, AEM, AGI. GDX is an ETF. Lots of madcap producers and junior mining companies but far more volatility.

    • Avatar MostNaturalMedia says:

      @Windsor4270 Thank you man, really appreciate that. I have a feeling we will have a total economic collapse eventually here

    • Avatar MostNaturalMedia says:

      @Stephen MIHALY Ok thank you!

  11. Avatar J M says:

    Well well, betting against America aren’t we?

    • Avatar DSG says:

      Not just America.

    • Avatar MostNaturalMedia says:

      betting against the world baby

    • Avatar J M says:

      @MostNaturalMedia Let the world burn then.

    • Avatar Stephen MIHALY says:

      J M No just common sense. Everyone should have “insurance” against the gross level if money printing and debasing of the currency.

  12. Avatar Jason Wolfe says:

    If Buffett’s buying gold that can only mean the apocalypse is coming.

    • Avatar Jaxx Brat says:

      Only mean?..haaaaa..
      It means inflation will increase

    • Avatar Alberello says:

      This is exactly what they want you think…
      If is news now, probably they are already selling everything to all the guys that are already placing orders after this news…

    • Avatar RICHARD BURRESS says:

      @Rob M Just the beginning. Think about all the investors that will follow.

    • Avatar IMDOC78 says:

      That’s what I said 😂

    • Avatar GAIN LABS says:

      I second that fact.

  13. Avatar J Beav says:

    This is huge. When Buffett buys gold
    We’re deep crap. I like how he is getting dividend on GOLD. Get ready for a massive stock market collapse.

    • Avatar Stephen MIHALY says:

      O L which will be never. They were not able to do in the last 12 years

    • Avatar O L says:

      @Stephen MIHALY well they actually stopped printing in like 2015 and started back im 2019 i think

    • Avatar Jung K says:

      @vincentrich – Banned But Not Forgotten Whatever makes you hopeful, i’m unhappy too that warren came out too early telling people to buy i needed to add on more still god damn it.

    • Avatar Jung K says:

      @J Beav All i know is it already happened, but i think you can get through it, Like Japan. They are still going through it…

    • Avatar GAIN LABS says:

      @O L *BUT IT’S A COMIN’ as we can see all the fundamentals are wrong* 🛬💥 📉

  14. Avatar Van Wong says:

    Been pretty obvious gold was going to go up. Money printing has been non-stop, soon money will be worth the same as a ply of toilet paper.

  15. Avatar Windsor4270 says:

    Wow, he finally wised up and started crunching numbers. These gold miners are going to be printing money at 1800 to 2000 dollar gold. The free cash flow is going to be unbelievable and over 2000 dollars an ounce look out. The gold bull market is just getting started and with the macro environment it’s likely to last a long time. Hang on folks and get your positions in place. Not too late because some of these miners like Equinox gold are still very cheap. The royalty companies like Sandstorm, Osisko royalties are still attractive also.

  16. Avatar aroundandround says:

    Half a billion is still peanuts relative to Berkshire’s cash.

    • Avatar Ben B says:

      @theaccountof2009 He’s buying because the last time gold prices made a massive new high they stuck around the high for 2 years. There’s also nothing fundamental that would make gold dip right now. The price of gold is economical and extremely profitable at this point. It is likely that the price of gold stays around this price or higher for a similar period until things settle down. Barrick is set to make around US $5billion per year profit at current price as their AISC is only $950ish. The margins are huge.

    • Avatar Rich M says:

      @theaccountof2009 We all are.

    • Avatar Vanessa says:

      He probably bought more after 6/30 and we won’t know until 45 days after 9/30/2020

    • Avatar Stephen MIHALY says:

      aroundandround There is a very good chance Berkshire has bought even more Stock in gold mining since June 30 before the release of 13D filing yesterday

    • Avatar GAIN LABS says:

      @theaccountof2009 100% Insurance against the coming fall and I don’t mean the season🍃

  17. Avatar Max Strong says:

    Buffett buy Gold mining stocks!?!?!? 😂

  18. Avatar Varis says:

    Classic. Say 1 thing but do another.

    • Avatar Stephen MIHALY says:

      Varis No. His prior reasoning was quite sound. What’s changed are the facts. It will be interesting to hear what he says why he bought Barrick and how long he expects to hold it – ie until the Fed raises rates appreciably – which is unlikely to happen for a couple years at least and probably a lot longer than that

    • Avatar Varis says:

      Stephen MIHALY it was just earlier this year he was stating to never bet against the US economy. Placing a bet in gold is hedging against the us economy.

    • Avatar Stephen MIHALY says:

      Varis it’s insurance and hedging. 0.3% of portfolio is not what so would call betting against the US. If he put 25%+ of Berkshires assets in PMs – that would be voting against all central banks. But it could be interpreted as a wake up call to investors (and the Fed and politicians) to stop the money printing and debasement of the currency. But it may be too late for the Fed to dig out of the hole they have dug the country into – but I am sure that is not his view.

  19. Avatar Alex Busson says:

    Gold always wins in the end.

    • Avatar Californication says:

      Stocks are much better in a long-term

    • Avatar Yogi Chong says:

      @Californication I’m still holding on to my Venezuelan Petroleum stocks🇻🇪, gonna pay off any day now….or any day now….maybe a few decades….just a few centuries….just 1 more millennium…I swear the Space Aliens or Zombies who are ruling Earth by then will be damn grateful that I set them up so well financially! Long game baby! LOOOOOOONNNNNNGGGGGG GGGAAAAMMMMEEEE!!!! 💸💸💸

    • Avatar Californication says:

      @Yogi Chong I bet on America in a long-term but for great companies. Mostly tech and I will probably hedge my positions shotring index below 20% drop off. Maybe when Biden will win the election? Who knows. Right now I follow the trend and make great results.

    • Avatar Alex Busson says:

      @Californication I mostly meant gold Vs. fiat currencies. Governments always debase their currencies, and the people always return to gold.

  20. Avatar Michael Rose says:

    I’d imagine warren buffet has been watching gold very closely but due to the gold mining industry being a tiny fraction of the market cap of the other markets for which buffet is invested with (Apple for example), he is limited with how much he can invest. One thing that I would say is that due to the amount of capital Warren handles he is limited and would not invest in junior / mid-tier gold mining companies (Such as Eldorado Gold ‘EGO’ or Condor Gold) which the nimble average Joe can do and have substantially higher returns

  21. Avatar MostNaturalMedia says:

    *I want you guys to respond with your predictions on when the next crash will occur, feel free to respond whether you think the crash will happen tomorrow or five years from now.. ready, set, go*

    • Avatar Stephen MIHALY says:

      MostNaturalMedia within the next 5 years for sure and probably within the next year

  22. Avatar Firre Torr says:

    Same guy who hated on gold jumps on gold. Ok.

    • Avatar Vincent Conti says:

      Same guy? You know more than that guy? Right.

    • Avatar Firre Torr says:

      @Vincent Conti What does this incomprehensible mumbo jumbo mean!

    • Avatar Stephen MIHALY says:

      Firre Torr if Buffet was Predicted debt and Congress would do what he wants he would not be in gold and the country would be 100 times better off than what has been going on the last 20 years (the dollar is down 85-90% against gold in the last 20 years and will be down over 90% very soon

  23. Avatar Awesome Finance says:

    just confirms the incoming crash from fed printing absurd amounts of money keeping markets artificially high. Looks like I should buy some Gold soon😂

    • Avatar K mobsie says:

      I think we both should have already bought some lol but i think you will find better value in a gold mining company!

    • Avatar C....14x says:

      50% physical gold deep down in your garden and 50% in miners.
      But dont forget the little sister Silver.

    • Avatar K mobsie says:

      @C….14x Im actually thinking there’s more upside in silver but again own none 😅 should have trusted in myself and purchased in may

  24. Avatar Businessman92 says:

    Anyone whose followed Berkshire over the years can basically guarantee you it was Ted or Todd who bought Barrick…

    • Avatar vincentrich - Banned But Not Forgotten says:

      Yeah. There’s no way that Buffett did that.

    • Avatar Stephen MIHALY says:

      vincentrich – Banned But Not Forgotten Barrick is probably the best performing investment by far in his portfolio this year other than for Apple

    • Avatar Rich M says:

      Yeah, Warren will be p$$sed when he finds out.

    • Avatar J K says:

      WTF is Ted or Todd?

    • Avatar Jonathan Cheung says:

      Yea but do you think they would be able to buy a barrick without running it by Buffett?

  25. Avatar substation says:

    up 500% and Jaguar mining just declared a dividend. Still under $1 👍 Thank me later

    • Avatar vincentrich - Banned But Not Forgotten says:

      “Under $1” doesn’t automatically mean that it’s worth it.

    • Avatar Justin says:

      Diluted shares and in a rough jurisdiction. Makes me nervous in this environment

  26. Avatar Sara Paolollo says:

    So he sold 5 billions $ worth of banks and bought 0,5 billions $ of gold mining. Maybe he haven’t got the don’t fight the FED memo or maybe he knows better?

  27. Avatar Eliot says:

    He bought a gold mining company not gold itself. I’d say he’s selling other banks because hes loading up on BOA.

    • Avatar Diego Perez says:

      boa?

    • Avatar Eliot says:

      @Diego Perez Bank of America

    • Avatar Sola Scriptura says:

      Bank of America is actually “BAC”,
      @Eliot .

  28. Avatar Jonathan says:

    It’s like these reporters don’t actually have a clue what they are talking about. Do I really have to look up what Barrick is trading at and multiple the shares to figure out how big the position is? Shouldn’t that be step one when reporting on this?

    I feel like its a fundamental flaw with market journalism. If any of these people were actually good at finance they wouldn’t be working at Yahoo

  29. Avatar do phong says:

    Too late, gold already reach record high. Should have bought it sooner.

    • Avatar Stephen MIHALY says:

      do phong He did. But it’s far from too late to invest in the sector. It is just starting.
      Buffet won’t be selling for at least another 1-2 years minimum and probably a lot longer than that. When the Fed prints and prints more money and debases the currency so much (vis-a-vis PMs), it is now virtually impossible to dig themselves out of the whole they have dug for themselves and the country.

  30. Avatar Ted Petersen says:

    Be WISE. ”VOTE TRUMP 2020” If you a Living Fish. Living Fish swim thro’ the Current.
    DEAD fish FLOWS with the Current/Cultures/MEDIA – BIAS FAKE NEWS.
    America & the World NEEDs TRUMP

    • Avatar Kokot says:

      The fish that swims against the current is usually dinner or on their way to spawn and die.

  31. Avatar Morongo Valley says:

    “Bullish on America” Buffet buying a Canadian company and selling an American one. nice.

    • Avatar cj2020 says:

      Extraordinary times.

    • Avatar BarkusMuhl says:

      A gold mining company at that.

    • Avatar Stephen MIHALY says:

      BarkusMuhl it’s
      Only common sense. He is still way under-weight PMs

    • Avatar Jorge Gomez says:

      Barricks is more a bankers company than Canadian

  32. Avatar Jack Black says:

    Did she just woke up?

  33. Avatar Nathan Kelly says:

    He hates gold. Wow.

  34. Avatar drolet afgane says:

    morgan stanley does not appear any more on his portfolio ,it means he sold out and he sold 100% of Goldman sachs & reduced 62% of all banks stocks it seems like 2008-2009 Financial crisis all over again

    • Avatar Myles Gray says:

      Lending is getting tight right now. Sound familiar??! Even worse than 2008 is the fact that smart contracts via crypto currency can and will completely automate and replace manny financial transactions in the near future marking banks redundant.

    • Avatar MASTER FAZE Try hard gamer says:

      nice

  35. Avatar Miran Kevic says:

    Peter Schiff is laughing his ass off on this! So funny that Warren joined gold bugs

    • Avatar jung mo says:

      still waiting on his video update i bet his laughing so much on that episode

    • Avatar Vanessa says:

      I bet Peter Schiff is coming out with a video either tonight 8/15 or Sunday 8/16 to discuss this shocking development

    • Avatar Nima G. says:

      Vanessa he certainly did lol

    • Avatar J K says:

      Howard Buffett is rolling in his grave.

  36. Avatar M Stevens says:

    Interesting but Barrick is one of the worst performing gold mining stocks in the last decade. It’s just the biggest. He should have bought gold mining stocks 2-3 years ago before the run up in the gold price. This is similar to his pivot in to AAPL 6-8 late.

    • Avatar Stephen MIHALY says:

      M Stevens Barrick is a very different company in the last couple years than in the past. It is going to be a cash cow for years

    • Avatar M Stevens says:

      @Stephen MIHALY I hope your right. They are hard to avoid in the big ETFs.

  37. Avatar UNITED MONEY says:

    We are in a crappy place now we need to store gold

  38. Avatar Aaron T says:

    Peter Schiffted him by 0.3% 😂

  39. Avatar Stan G says:

    If Walmart removes an item from its shelf due to pricing issue, no one would care. I think Apple and Google has all the rights to do what they like because it’s their stores.

  40. Avatar Eugene Achim says:

    Big whoop only purchased about half a billion dollars of Barricks, compared to his overall net worth. Big fear play to manipulate the markets. sad.

  41. Avatar George Maximus says:

    That’s a huge deal!!! Warren Buffett just converts to bullish on gold. This is a shocking news to the financial world. We need another exclusive interview with Warren Buffett. He is a man who knows how to adapt to a changing environment. This is a perfect example of looking at what people do and not what they say.

  42. Avatar Pudenda Johnson says:

    Monday will be an incredible day for gold. Berkshire will buy bullion next.

    • Avatar Palm says:

      I hope so. I have a position on gold and I’m waiting for it to pay. And silver too.

  43. Avatar Thulsa Doom says:

    Can I invest in uranium?

    • Avatar Sola Scriptura says:

      Ask the Clintons.

  44. Avatar Thulsa Doom says:

    If you’re planning on retiring with Social security and Medicare benefits you can forget it. The disastrous economic response to COVID is just beginning. By next spring America will look much different economically

    • Avatar charliesback says:

      So buy Crypto… XRP to be specific

    • Avatar J K says:

      SS was always a ponzi scheme.

  45. Avatar Fibonacci yy says:

    Lol a fraction of his cash pile. Don’t mean nothing other than a small hedge

    • Avatar theaccountof2009 says:

      Big hedge actually. He’ll keep adding over time.

    • Avatar Shakthi Anjana Nanayakkara says:

      The point with Gold stocks is, they add significant leverage to physical gold. If Gold goes up 5 times and the market is expecting it to never come back down, the stock might go up 50-100 times or even more. Then it might become a significant part of the portfolio.

  46. Avatar Judy Hass says:

    500 bl market cap company takes a .5% position in GOLD is meaningless, maybe he figured the spread between the gold price and gold stock price was large enough to take the risk.

  47. Avatar waverider b says:

    In keeping up with the great American financial corps’ “forked tongue strategy” or FTS , Buffett buys gold while constantly criticizing it LOL He has been hanging around Goldman and JPM for far too long

    • Avatar Junior JR says:

      In a zero sum game, one has to lose so that the other can win.

  48. Avatar Chomp Normski says:

    That guy has too much damn money

  49. Avatar Utopia says:

    You don’t do this unless you think something bad is on the horizon.

  50. Avatar Joel Bondurant says:

    The end of the boomer bucks standard.

  51. Avatar seashells on azure says:

    gold stocks is not exactly gold

    • Avatar Jan Sobieski says:

      It’s not exactly not Gold either.

  52. Avatar goldnsilver solutions says:

    check out goldnsilversolutions on instagram for more information on the economy and why the dollar will eventually collapse.

  53. Avatar theaccountof2009 says:

    All the comments are better than the video itself.

    • Avatar Stephen MIHALY says:

      theaccountof2009 Financial news networks -a la “bubblevision” have always been clueless. They have not predicted a major downturn in the last 40 years

  54. Avatar GearsDemon says:

    Gold/Gold Miners set to explode monday.

  55. Avatar KpxUrz5745 says:

    Hard to predict the outcome of this, since Buffet makes lots of mistakes and often sells out of huge investments at a terrible loss.

  56. Avatar Alex Jay says:

    It was only a few weeks ago WB increased his stake with Bank of America and other banks…now he unloads all of Goldman Sachs and other banks after pumping them up….

    Is WB trying to make his money back by being sleazy??? . Lol

  57. Avatar Vinay Rai says:

    Bet that woman was sitting in her underwear at home

  58. Avatar Rick G. says:

    IMO he is a little late to this rodeo, he may be loosing some sharpness.

  59. Avatar D says:

    Hi i bought this May 11th and it’s gone down $2.35CAD…

    Shouldn’t the exact opposite be happening?

  60. Avatar Benjamin says:

    Better to be a year early then a day late

  61. Avatar George says:

    he knows banks are screwed

  62. Avatar Влада Ј. says:

    He bought stocks not gold, that is little difference. Bigger price of gold is bigger value of company.

  63. Avatar Wado Waleli says:

    Buffett probably asked Charlie Munger to begin “Trump-proofing” their portfolio.

  64. Avatar Amol Rode says:

    Always thought he was against gold

  65. Avatar quant2011 says:

    Wow so his barrick stake was worth 550 million of 760billion total assets? Less than 0.1%? He holds 170b cash. That is 330x more than his gold allocation. If i have 100k cash and invest 300usd in gold hardly a big deal…

  66. Avatar John Smith says:

    The blonde is banging.

  67. Avatar Michael Sampson says:

    Lol can’t wait for the Peter Schiff podcast

  68. Avatar ChistianTCMI says:

    I wish people could get to the point.

  69. Avatar Akshay Dixit says:

    Anyone please tell me will gold rise on Monday with this?

    • Avatar Dad's Account says:

      Absolutely, people follow WB and his investments. If he’s investing in Barrick Gold, the price will increase. It already has gone up $2 post market Friday so expect another 10-20% Monday premarket

    • Avatar C....14x says:

      The others will go up too

  70. Avatar BY ANY MEANS HD says:

    A lot of newbies and wannabes here know very little about Warren Buffett deep roots and his understanding of the monetary dynamics in relation to gold and other assets.
    Warren father, Howard, was a staunch libertarian and Gold standard proponent. He actually got Murray Rothbard to hand sign a copy of his classic, “the American Great depression” for Warren. Warren was therefore well immersed into monetary policy, inflation, and business cycle from the onset.
    He probably own millions of dollars, probably hundreds of millions worth of gold billions statched somewhere in a vault.
    He therefore does not feel the need to “PUSH” the Gold trade since he is probably, and has been likely, personally insured against a systemic monetary meltdown.

    Now, the fact that he is now openly purchasing gold stocks should be a warning to the naive who not too long ago were promoting the idea of dollar shortage and Deflation.

  71. Avatar Neil Varghese says:

    This might be either Todd or Ted

  72. Avatar Justin says:

    GOOOOOOLD!

  73. Avatar Vanessa says:

    Rick Rule responded to a question during a recent interview that we mortals need to invest in gold for protection and Warren Buffett does not need to because he has amazing stock picking ability. Guess Warren is a mortal after all!!!

  74. Avatar IMDOC78 says:

    Warren invests in Gold! 2020 is the end of the world or Warren had a stroke

  75. Avatar Jory Lafountain says:

    Another power move to manipulate the market. This was just a fraction of what he sold his Goldman Sachs for. He’s sitting on tons of cash just from that deal alone. He’s waiting on something to happen. Like say an overreaction on precious metals to get back in to the financial sector.

  76. Avatar Hermand Lo says:

    Requoting Buffett “ …Rat poised squared “

  77. Avatar Hermand Lo says:

    So now he Chasing assets and gold prices

  78. Avatar ibn faqir says:

    He bought back Berkshire stock which is the biggest laggard in the SP500, sold airlines/banks at the low, and NOW buying probably at a near term TOP. OLD MAN is out of touch. For the last this man has made all the wrong moves.

  79. Avatar Alex Morgan says:

    So all that stuff about gold being pointless was just bs

    • Avatar ExtraordinaryLiving says:

      Well, not necessarily [bs] … he has just changed his mind, I think.

  80. Avatar Drino Man says:

    Not surprised he ditched Goldman Sachs

  81. Avatar Chathuranga Abeyawardana says:

    Mark my word, gold will lose it value by November

  82. Avatar Martin Luna says:

    Once again the leading crypto asset BITCOIN is currently trading up marginally at above $11,700 region as the BTC bulls now target $12,000 resistance level and they are still acting very strong by taking full control of the market. However with the strength possessed by the BTC bulls, it is wise we get involved in a day trading to grow a very strong portfolio with the little we hold at the moment. its been successful for me for over 2 years because i was smart enough to find a working strategy/daily signals which was provided by a pro trader known as Frank Cole, he has been a known signal provider in the crypto space today which has proven to be very accurate and yield great profits. Last month i was able to grow my 1.1btc to 6.8btc with Frank Coles daily signals which you would agree is a very good profit, however i would advice everyone out there to take great advantage to grow the little they hold now and trade with his signals so as to grow a very strong portfolio ahead, Frank can be reach via telegram @Franktrading99 or mail Franktrading99@gmail. com for inquiries into profitable trading systems

    • Avatar whtaruner says:

      His strategy is lucrative, but I made 5.87 bitcoin with 1 bitcoin in 28 days, unlike my friends, they made higher and we signed up on it the same time, is there anything am doing wrong.

    • Avatar Melissa Baldwin says:

      Frank Cole is very sound in analysis and his service delivery is top notch. I am so grateful to him for his assistance which has made me a much better and profiting trader

    • Avatar trommelFloyd regulusLivingston says:

      Wife got mad I put my whole check in bitcoin trading last month. She’s not mad anymore!

    • Avatar MrJeanden says:

      Bitcoin enables the transfer of funds across continents very swiftly. Also, Bitcoin has continued to rise in value with the value of one coin currently above $11,600.Bitcoin is what everyone out there need to invest in right now , really happy to see this, i cant wait to start earning my profits, i bought 5btc last month, i will start trading with 2.2btc

    • Avatar Momchil Andonov says:

      Nice spamming with fake ads. 6 comments all positive and all made before 3 hours EXACTLY when the original comment was posted. 3 hours and 61 likes on a low view count video!!!

  83. Avatar Justin Case says:

    Little late to the party there buffet😂😂😂

  84. Avatar Myles Gray says:

    He should have bought at $10-$13 in 2018 like I did. 😆 Now the price is nearly $30 and the fact he is buying now means he believes it will go much higher in the long term.

  85. Avatar Richard Prat says:

    Buffet brought a billion dollars in Bank Of America

  86. Avatar Affan Siddhiqui says:

    Small people like us enjoying his peanut type of half a billion position 😂

  87. Avatar Jung K says:

    Way too bullish, i wanted to slow add on more not already!

  88. Avatar Jung K says:

    STOP TALKING ABOUT MY GOLD! I HAVENT BOUGHT NEARLY ENOUGH YET!

  89. Avatar Susan Kelly says:

    I saw Buffet bad mouthing gold and telling folks they should invest in land and. Have the land make you money with farming. But I ignored this wealthy guru and collected gold. And now he’s following us? Pretty funny

  90. Avatar mystic13337 says:

    Has Buffet ever bought Gold? He used to be against gold

  91. Avatar Cordova 0829 says:

    I’m buying shares Monday morning. It’s definitely going to go up. I believe it will reach all time highs.

  92. Avatar Jay Dennis says:

    Genius

  93. Avatar Clarissa Daniella says:

    insightful updates👍 Well i will also say this here.. The awareness about making money online is getting higher daily due to this Covid 19 pandemic as the cryptocurrency world has recently noticed high inflow of traders mostly when it comes to Bitcoin trading , but due to lack of trading experience a lot of traders lost so dearly either by executing trades wrongly or using of the wrong strategy. I have been guided by a pro trader known as Aaron Addison backed up with his working strategy/accurate daily signals. During my first month of trading with Aaron’s daily signals, i was able to grow my portfolio from 1.1btc to a total of 6.4btc which you would agree is a very good profits. Why not take full advantage of the crypto market mostly now that bitcoin is set to embark on a bullish run. He can be reach via Whatspp: (+18053034145) and Telgram @Aaron_signal7 for inquiries into profitable trading system.

    • Avatar Luis Covaci says:

      I made my first bitcoin investment last month and my portfolio is growing rapidly all thanks to the support and guidance of Aaron’s trade academy for the supplying the best trading signals ever.

    • Avatar Deonte Giovanni says:

      I used to doubt the authenticity of making profits from bitcoin until my cousin started increasing his portfolio with Aaron’s strategy. So I believe it and trust it and I can’t wait to get my paycheck this week so I can get started.

    • Avatar hans Maier says:

      This is my 3rd year invested in crypto and am grateful to Aaron for his strategy, which has been my ultimate guide. I’m still moving up successfully and I’ve made a lot of profit over the years all invested in real estate

    • Avatar Giancarlo Nathalie says:

      After a long search for a professional trader with consistency matched with good profit, Mr Aaron has proven himself to be one of the best around the world with his amazing trading skills.

    • Avatar Harley Celina says:

      I was a bag holder, holding my coins, while hoping for a bull run, but after reading a comment talking a Aaron strategies, i  decided to give him a try and so far i have not regretted it

  94. Avatar Jayesh Ruparel says:

    Excellent Excellent Excellent

  95. Avatar Jayesh Ruparel says:

    RESPECTED DEAR DEVI JI EXCELLENT EXCELLENT EXCELLENT COVERAGE JAI SHREE KRISHNA

  96. Avatar Jayesh Ruparel says:

    RESPECTED MADAM EXCELLENT EXCELLENT EXCELLENT EXPERIENCE AND COVERAGE JAI SHREE KRISHNA

  97. Avatar Faraji Erevu says:

    2020 online and stock market is just difficult and unbelievable, i rather invest my money on crypto

    • Avatar Linda Jeffrey says:

      @Mira Paul please how do I go about it

    • Avatar Mira Paul says:

      @Linda Jeffrey you can him directly, he will help you out☝️☝️

    • Avatar Trending TV says:

      My friend asked me to join bitcoin but i was not willing, as the money making was not possible for me, but once i came to know about the beauties of bitcoin as he yield the results, i got surprised and i joind and got motivated.

    • Avatar Davey Russia says:

      Mr Hill has brought me out of the wrenches and to a better living through trading options, I encourage newbies to trade with him

    • Avatar Ryan Nathaniel says:

      His trading last week was massively boooom!!!

  98. Avatar Mike Turco says:

    Sell the banks and buy gold equals a dollar collapse.

  99. Avatar GAIN LABS says:

    He knows them 🏦🏦🏦BANKS are DONE!!! 🏧C.O.L.L.A.P.S.E.D.

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