By Matthew Makowski Barrick Gold Corp. (NYSE: GOLD) is the second largest gold mining outfit in the world. And amidst economic uncertainty, Barrick Gold stock grabs the attention of a lot of investors.
And it’s not just gold bugs that diversify their portfolios with the precious metals sector when things go sideways. Even investors known for their anti-gold sentiment sometimes look to gold for stability amidst uncertainty…
For instance, a couple decades ago, Warren Buffett had this to say about gold:
“(It) gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people …read more
