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Barrick Gold – Market Value: $42.0 Billion
When the news of Warren Buffett’s Berkshire Hathaway nabbing a 4.2% holding in Barrick Gold hit the market, it took the world by storm. People hurried to put their money in gold. The move was a little confusing, considering the man is not a massive fan of the precious metal as an investment.
However, it is perhaps perceived as a smart move, looking at the health crisis that the world is going through. Also, the precious metals’ business would rise higher as long as the world continues to dangle between the situation. Even Platinum Investment Management had invested in Barrick Gold, not remarkably, but sufficiently enough for notice.
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