Warren buffett didn’t have much good to say about gold. But recently, he bought into BARRICK GOLD which is a gold mining company.

Barrick gold is worth more than $50B and is the second largest gold miner. Operating cash flow for NEWMONT GOLDCORP and BARRICK GOLD is at 5y high.

Gold/USD per oz has gained 25.9% YTD. #Gold has typically done well in deflationary periods. In previous bull legs, gains were 300% to 500%. Gold mining stocks have underperformed gold until recently few years.

Buying a gold mining share has risk. #barrickgold My recommendation to invest into gold mining is to be diversified. Vaneck gold mining etf is a good place to start.

Unit trust have outperformed. There are two 4* morningstar rated funds namely – United Gold and General fund – Blackrock world gold fund. Watch Video IS IT WISE TO BE INVESTING INTO GOLD NOW?: https://youtu.be/ZZE-4uxq9uE