So much for being a perma-bear hater when it comes to gold. Warren Buffett, everyone’s favorite left-leaning billionaire, has suddenly turned bullish on gold by scooping up a hefty sum of shares in Barrick Gold in the second quarter. According to a Securities and Exchange Commission (SEC) filing, Berkshire Hathaway bought 20.9 million shares, with […]
Money
Random Friday: Manhattan rents, a big short in currencies, don’t criticize Kamala Harris
News Story of the Day: Well, if you ever wanted to move to the lovely place of Manhattan, then now would be an opportune time. Thanks to the disastrous policies of Mayor Bill de Blasio and Governor Andrew Cuomo, it hasn’t been this cheap to live in Manhattan in years. Manhattan apartment rents fell ten […]
FAIL: Mike Pence says Trump created more jobs in last three months than Obama-Biden did in eight years
Well, here is the first piece of evidence that Senator Kamala Harris (D-NY) will trounce Vice President Mike Pence in the debate. Pence spoke with Fox News’ Sean Hannity and made the oddest statement: The Trump administration created more jobs in three months than former President Barack Obama and former Vice President Joe Biden did […]
#BREAKING: Airbnb to confidentially file IPO this month
Airbnb is getting ready to go public. The Wall Street Journal and CNBC are reporting that Airbnb is planning to file a confidential initial public offering (IPO) later this month, with shares potentially trading by the end of the year. Airbnb has not commented on the reports.
BUYING OPPORTUNITY: Gold craters 4%, silver crashes 8% in huge turnaround
Wow. An incredible buying opportunity or the beginning of a steep correction? Whatever the case, gold and silver prices are crashing after being overbought in recent weeks. At the time of this writing, gold is trading down more than 4.25 percent to $1,953 an ounce. Silver has cratered more than 8.3 percent to $26.81 per […]