BUFFETT GOLD CONVERSION AFTER DERIDING GOLD – HERE IS WHY STOCK MARKET INVESTORS SHOULD CONVERT $AEM $AUY $BAC $BRK.A $FNV $GLD $GOLD $IAG $JPM $RGLD $WFC $GS
Warren Buffett has an enviable long-term record in the stock market, although in recent years his performance has been less impressive.
Lately some newer investors in the momo (momentum) crowd that’s controlling this stock market have criticized Buffett. However, Buffett’s latest move shows that he is as sharp as ever.
Buffett has not been a fan of gold. As a matter of fact, he has often derided the precious metal. To the dismay of gold bugs, Buffett has been the de facto leader of the anti-gold crowd. There has been a belief that investing in gold was akin to betting against America.
August 17, 2020