Warren Buffett’s unusual gold bet could be a great hedge against his ‘hot beta’ Apple stake

Warren Buffett made a customary move in the last quarter: his company Berkshire Hathaway bought gold miner Barrick Gold.

While this is unusual for Buffett, who has criticized gold in the past, analysts say it can be a nifty hedge against a foamy market as well as a hedge against rising inflation.

Here’s a breakdown of the head movement: