Welcome Forums GTA Member Forum Buffet ?

  • Buffet ?

     Maria updated 1 year ago 3 Members · 4 Posts
  • Douglas

    Member
    August 24, 2020 at 10:23 am

    Hello everyone, My name is Doug and I am brand new here. I watched my first webinar the other night and have a question. If I heard correctly the stock market might not do so well in the foreseeable future so why would Warren Buffet invest so much into Barrick Gold Corp? Thanks again and look forward to chatting with everyone in the community.

  • Kimberly

    Member
    August 30, 2020 at 12:12 pm

    Hi Doug,

    Well, I’m not an expert, but… Buffet is playing gold stocks cause they will skyrocket with the price of gold. Used to be invested in gold stocks, got skittish a while back and dumped them with my portfolio. Got tired of all the manipulation. So, gold is an exception, I believe. There is a very limited amount of gold out there.

    Welcome to GTA, btw.

    Kimberly

    • Douglas

      Member
      September 1, 2020 at 9:33 am

      Thanks Kimberly, I just get overwhelmed when it comes to investing in Gold and Silver . I have zero idea where to begin(LOL).

  • Maria

    Member
    November 5, 2020 at 5:17 pm

    I think Buffet sold all his stock. He got out of the markets because he knows the stock market is over inflated and not a true reflection of the economy. Gold is a sure thing.

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