Shares of Barrick GOLD before rising 65%. Barrick shares are currently making an accumulation movement exactly around their fair value. The fair value is 28.06 usd. At a lower level of $ 2, Warren Buffet also bought out of the stock. GOLD (Barrick) begins construction of the second rising wave of a double rising wave system. In case my analysis is correct the target price is 45.47usd. An increase of 65% from the current level.
its ok i get you...looked it up..thanks for posting
iamandr3w
⋅
warren buffet got out of the stock or bought into it?
meszaros
⋅
@iamandr3w, Thanks for the comment. I apologize if I was misunderstood. Yes. Warren Buffet bought $ 500 million worth of Barrick Gold shares a few weeks ago.
Captain_Walker
⋅
@meszaros, Well Buffet can always dump his gold before the crash. Gold (and related shares) broadly follows the stock market - especially into deep recessions. This is partly because those who hedge stock markets with Gold sell to 'recover'. Buffet could just be hedging, he won't tell the likes of us exactly what he's doing.