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Here’s Why Warren Buffett Is Going All-In On The Commodities Supercycle | FXEmpire
I currently have UNG which is the ETF for natural gas which I bought one month ago at $13 a share, today it's $16. Here's an excerpt from the article;
As Commodity prices continue to surge, so has Wall Street’s interest.
Throughout this year, a long list of leading Wall Street banks from Goldman Sachs, JPMorgan to Bank of America have described commodities as their “preferred asset class over the next decade”.
This month, Warren Buffett, who is arguably the world’s most successful investor also joined that list.
Speaking at Berkshire Hathaway’s annual shareholders meeting, Buffett revealed that his biggest investment ever with a market value of over $51 billion is riding on the Commodities Supercycle.
In the words of Buffett, “the Commodity and Energy markets right now, represent one of the greatest generational opportunities of our lifetime, not to be missed.”
I currently have UNG which is the ETF for natural gas which I bought one month ago at $13 a share, today it's $16. Here's an excerpt from the article;
As Commodity prices continue to surge, so has Wall Street’s interest.
Throughout this year, a long list of leading Wall Street banks from Goldman Sachs, JPMorgan to Bank of America have described commodities as their “preferred asset class over the next decade”.
This month, Warren Buffett, who is arguably the world’s most successful investor also joined that list.
Speaking at Berkshire Hathaway’s annual shareholders meeting, Buffett revealed that his biggest investment ever with a market value of over $51 billion is riding on the Commodities Supercycle.
In the words of Buffett, “the Commodity and Energy markets right now, represent one of the greatest generational opportunities of our lifetime, not to be missed.”
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