First published by Money Metals here:
https://www.moneymetals.com/podcasts/2020/08/21/warren-buffett-shifts-wall-street-focus-to-hard-assets-002111
Gold bulls attempted to regain the $2,000 level this week. But they found themselves to be in for some more back-and-forth market tug of war with the bears. Earlier this week, precious metals markets got a surprising Buffett bounce. Legendary investor Warren Buffett isn’t often associated with gold – at least not in a positive way. In the past Buffett has made derisive comments about the monetary metal. He once quipped that gold “has no utility.”
