[Jonty30]

I know Warren Buffet was huge on silver for the last few years.

Wouldn’t surprise me if he sold everything he had.

[cornfedcowboy]

Buffett was bought tons(almost literally)of silver when it was 6 to 8 bucks an ounce. Great time to back up the truck and unload.

[cornfedcowboy]

Buffett bought tons(almost literally)of silver when it was 6 to 8 bucks an ounce. Great time to back up the truck and unload.

[Attention Surplus Disorder]

Buffett bought silver right around $5 and sold out of it around $7. It was a profitable trade for him. He claimed to understand the fundamentals when he bought it, but he sold most of it forward because he did not like the idea of a “dead” investment that not only did not generate any money while owning it, but actually *cost* money in storage costs. So he was “taken out” of his position by virtue of having sold calls against the physical metal he had.

Buffet hasn’t been in silver for at least 6 years.

[Stentor]

Wouldn’t surprise me if he sold everything he had.

Would it surprise you that it was done in 2006?