Was Warren Buffett Right About Gold Mining Stocks?
Share: When Warren Buffett bought gold, it made headlines, although it wasn't gold he purchased so much as GOLD stock. Buffett has been bearish on gold for a long time, saying that gold doesn't really do anything but sit there. However, Berkshire Hathaway's purchase of Barrick Gold shares doesn't necessarily signal a change in view, especially since it seems likely that it was one of Buffett's lieutenants who made the purchase. So will Barrick Gold and other mining stocks pay off in 2021? The bullish scenario for gold makes mining stocks look attractive, but not all of them will pay off equ...
Source: benzinga.com