The most important message from Warren Buffet is that he does...

The most important message from Warren Buffet is that he does not like physical gold - which does not mean that with a gold producer (Barrick Gold in this case) you cannot get nice dividends and probably a capital gain. That's it and that should also be the signal to many institutional investors - you can make money with gold producers.
At current gold prices (and very likely stable - worst case - to much higher prices over years), gold producers with a solid case are simply cash machines. Relatively simple. When I read that gold should correct to 1700 or 1575 and then rise to 3000 (or more), I have to keep my stomach laughing. Who believes such nonsense. Analysts are sometimes so unnecessary. Just like most politicians. But that is another story.