RE:BuffetBumphreyHogart wrote: Warren Buffett's Berkshire Hathaway Inc.BRK.A BRK.B unloaded more than a quarter of its stake in Wells Fargo & Co.WFC and about 61% of its position in JPMorgan Chase JPM , while acquiring a new position in Barrick Gold Corp. GOLD ,according to 13F filings with the Securities and Exchange Commission fo
All I can say is congrats MPG :-))! I'm sure that is going to boost Barrick's share price substantially. I see in after hours Barrick is up over 8%, on over 2 million volume (off CNBC.com).
This was also a valid posting for our board as Buffet's interest in the gold miners is going to rub off on all the big producers, including KL! This is very interesting as I believe at one time Buffet dismissed gold as nothing of value and certainly not worth investing in !