Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold!!!! | |
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Jungleboogie
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Anonymous Coward User ID: 79267328 United States 08/14/2020 09:27 PM Report Abusive Post Report Copyright Violation | It means, you should have LISTENED. Thread: It's a good time to buy gold. |
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Anonymous Coward User ID: 78157838 United States 08/14/2020 10:00 PM Report Abusive Post Report Copyright Violation | Means he probably bought the company so he can short the shit out of it, Gold has always been an enemy to the dollar, or probably even a threat to any new digital currency which Apple is sure to be a big part of..along with Google, Microsoft, and Amazon.. Maybe Gold goes up first, $10,000 an once then they outlaw it.. He placed 43% of his portfolio in Apple..so |
Mr positive User ID: 78792479 United States 08/14/2020 10:04 PM Report Abusive Post Report Copyright Violation | My Dad is quite the investor since he retired. He went to Harvard/Yale, worked for Mobil, Seagrams..Pretty sharp. He still lives off stock dividends. I tried to get him to buy physical gold and Silver, but no, he's smarter. He says I bought stock in the largest gold company in the world. Barrick Gold he gets the investor report, shows me, its like a frikkin book. He pours over this shit all the time, with all this silver and Gold run we've seen you'd think the stock would go up, Noooo! He dumped the stock last month. I looked, he took it in the shorts for at least half of his initial investment. He told me about inner company turmoil. I read up on them, they have some serious problems with their operations. Maybe mr. Buffett knows something else. In the meantime my STACK has gone up mmmmm, about 40%. |
doomsdays doorstep User ID: 77437592 Canada 08/14/2020 10:42 PM Report Abusive Post Report Copyright Violation | Finally Buffet has capitulated. He is paying attention to what the Bank for International Settlements (BIS) did last fall when they raised gold from their Tier III asset class to their Tier I class which only contained "riskless" assets such as US dollars and US treasury notes. It would be monumental if they now lowered the US dollar and Treasury notes to Tier II or even Tier III. That would spell the death of not only the US monetary system but the world capitalist economies. The US will become a third world country begging for handouts from Europe, Asia, Russia and China who have stock-piled gold over the last decade. What would be the final nail in the coffin is if the US Treasury admits that they have very little gold left in Fort Knox. That would spell the death knell of the US. Americans should be frightened out of their wits if they do not hold a position in gold, silver and precious metals mining stocks. The latter is the only way one will survive the Greatest Depression of all time. |
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Anonymous Coward User ID: 75598709 United States 08/15/2020 01:21 AM Report Abusive Post Report Copyright Violation | I had accounts at both Chase and Wells Fargo. Their internet interfaces are worse than mom and pop sites. Disgusting that these rich f*ckers don't build a good site. I've wasted so much time and ending up having to phone the dickwads. |
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jomar
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