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Mining

Why did Buffett do a U-turn on gold?

“Dumping bank shares and investing in a gold miner? It certainly doesn’t sound like a Warren Buffett move, but that’s exactly what the investing guru’s company did in the second quarter,” states Bloomberg, “It’s not a good sign for markets.”

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GDXJ.NYSE: are Robinhood investors making gold stocks frothy?

“Of Robinhood’s most popular stocks, around a third are in the “momentum trading” category,” states Yahoo Finance.

“One of the narratives in the current day-trading boom is that investors have completely internalized the buy-the-dip mentality, following Warren Buffett’s legendary quote to be “greedy when others are fearful.”

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VIDEO: The story of nickel

Transcript: Named after a German sprite, nickel is elemental to modern society in the creation of such things as stainless steel, corrosive resistant plating, alloy

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