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home / news releases / PHYS - Why Buffett Is STILL Wrong About Gold


PHYS - Why Buffett Is STILL Wrong About Gold

It is well-known that Warren Buffett does not like gold as an investment. Investopedia writes:

“Warren Buffett has been very vocal about his disdain for gold as an investment. He sees little to no value in it. What Buffett refers to as a lack of value results from a lack of usefulness. He once stated about gold, "It doesn't do anything but sit there and look at you."

Our opinion, and that of millions of people throughout history, reflects a different view. Gold is a store of value. Over the long term, its value is

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Stock Information

Company Name: Sprott Physical Gold Trust ETV
Stock Symbol: PHYS
Market: NYSE
Website: sprottphysicalgoldtrust.com

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