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Berkshire Hathaway once had a big silver investment. Too bad it was sold
Berkshire Hathaway Chairman Warren Buffett is a longtime student of the silver market. The company made a sizable investment in silver in 1997 and 1998 when the metal was around $5 an ounce. The company purchased 129.7 million ounces of the metal, but sold out of the position within a decade at an unspecified profit. That holding now would be valued at about $13 billion with silver trading at $100 an ounce. Silver has tripled in price over the past year, including a 40% gain so far in 2026. Buffett had followed the silver market for decades before the company purchased the metal in 1997. “I bought it very early. I ... (full story)
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