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Warren Buffet Buys Gold Against his Previous Beliefs, Is Bitcoin Next?

Reportedly, Warren Buffet has bought 21 million shares of Barrick Gold. A gold mining company which has maintained a strong correlation with movement in Gold. What Changed Warren’s Mind? In a statement from his previously held believes, Buffet stands for a counter-trading strategy to make money in the market. He says that the rhetoric of an economic collapse drives the masses to gold, whereas one should be deploying their assets into businesses to combat the high rates. Hence, his choice of inflationary hedges are apparently businesses, farms or real estate; specifically coco-cola, IBM etc., Nic Carter, the founder of Coinmetrics…

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