Buffett's deal gives him the right to purchase 700,000,000 shares of common stock at the set price of about $7.15. He can buy the stock at any...
If you like it, then you are not overpaying if that is why you are buying it. If your only purpose is to make money, then stick to common...
I agree about India. I would also agree about China too except the Communists running that country made gold ownership illegal until about a...
Hindsight is always 20-20 especially when it comes to beating up one's self about past investment opportunities. I know, I've done it too. The...
It's a very nice looking coin.
What is a scenario where Buffett will clearly lose his investment in BAC? A takeover by the FDIC? Bankruptcy? Some sort of congressional action?...
There are over 10B shares of this stock and on average 325 million shares of it change hands each day. I don't think a million shares would be...
This coin is one of the primary reasons I buy at least one silver proof set each year.
Platinum is a commodity. It's price is determined by supply & demand. Gold is a monitary asset where the price depends upon the state of the...
I am not trying to diminish the article because it was an opinion piece, but the reason that I don't normally post links to support what I have to...
This is a response from the perspective of a question about numismatic value being asked in a bullion forum. I'd say the numismatic value of a...
Sure, he is making money. An undertaker makes money by putting corpses in the ground. It has absolutely nothing to do with the success or...
You realize this was an opinion article? Yes the common stock did rise on Buffett's announcement. It rose the day before because of the rumor...
I was responding to your point to me that Buffett's involvement in BofA meant it was a healthy bank. Obviously you don't think this if you now...
But you contend that BofA is healthy, so how could this example possibly apply? However if you now admit that BofA is in the same state as...
The fundamentals that are driving gold higher have not changed. It just means the attempts to manulipulate it have mostly failed.
Explain it to us then. Please tell us what Buffett's risks might be in this deal. Certainly someone such as yourself can make a point that...
The inflation calculator says that to purchase something for $50 in 1980 would take $137 today. It's based on the government's definition of the...
You are asking the wrong person. I've said he has no intention of doing this.
He is getting a guaranteed return and taking no risk. This isn't investing. He is getting it on terms that are being made unique to him. It...
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