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Did Buffett really change his mind on gold? – Livewire Markets

Headlines in recent weeks have touted an about-turn by Warren Buffett as he finally bought gold after years of criticising. But is that really what happened? In this week’s episode of The Rules of Investing podcast, I spoke to gold expert Jordan Eliseo, Manag…

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Headlines in recent weeks have touted an about-turn by Warren Buffett as he finally bought gold after years of criticising. But is that really what happened?
In this weeks episode of The Rules of Investing podcast, I spoke to gold expert Jordan Eliseo, Manager of Listed Products and Investment Research at the Perth Mint. He points out that it was a gold mining company (Barrick Gold), not physical gold itself that Berkshire Hathaway purchased.
Theyve bought a gold mining equity, which, to me, …

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