Buffett's Silver Streak

The billionaire grabs 37% of the world's supply. Prices surge, but how long will the luster last?

Being a genius investor has its rewards besides making one filthy rich. Chief among them is knowing that hordes of people will follow your every move once you disclose what you have most recently bought. All the genius wannabes, you can be sure, will pile in and drive up the price of what you already own. Great work if you can find it.

So it was last week in the silver market, where prices spiked to a nine-year high after Warren Buffett, the Oracle of Omaha, disclosed that he had taken a major shine to the metal and bought up 129.7...

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