Warren Buffett, aka the Oracle of Omaha, has a reputation for being a legendary investor over several decades of a successful stock market investing career. It’s therefore no surprise that investors always look to Buffett when they are uncertain about what action to take.
When COVID-19 came along, investors sought the wise investor’s investment decisions so they could get guidance on how to make more savvy money moves during the pandemic. While COVID-19 destabilized the world economy, Buffett remained uncharacteristically quiet during the market crash and recovery.
However, the latest 13F filing by his conglomerate, Berkshire Hathaway , revealed that Buffett made a very interesting move . He is betting on gold!
Today I will discuss Buffett’s investment in gold and whether you should consider hedging your bets on the safe-haven asset as well. Gold miner A gold bull is in progress right now. Gold has a current price of around US$1,900, […]
November 2, 2020 (updated November 2, 2020) Published by StockMan