Buffett on Inflation: Consumers Willing to Pay, For Now

Warren Buffett on inflation threats

Inflation threats are here and are now permeating almost every aspect of a consumer’s purchasing life. From lumber to steel and carpets, everything is rising in price. Earlier this month, the great Warren Buffett and Charlie Munger spoke at the 2021 annual Berkshire Hathaway shareholders meeting. MHFIN did us the favor of hand-picking some key […]

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Barrick Profit Margins Soar in Q3 2020

gold mining

Barrick, it seems, is becoming more profitable by the day. With gold above $1,900 for much of the past quarter, Barrick is benefiting from higher metal prices. Barrick’s Q3 US$3.54 billion in revenue, up from US$2.68 billion, surprised even the most bullish on the street. The gold market remains one of the best performing sectors […]

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Buffett Sells Bank Stocks In 2020

Warren Buffett sells bank stocks and buys gold miner

Many who follow Warren Buffett are sounding the alarms that he is prepping for a market decline. The Cooper Academy notes, “If we look at the past eleven years, he’s been doing one thing – buying stocks.” And that, “2020, he’s actually been doing completely the opposite. Most of his stock moves have been sales.” […]

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