The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: Kaspian on March 24, 2016, 09:06:11 AM

Title: Gold Mining Chairmain on Price: "Ask the guy who cleans your floors."
Post by: Kaspian on March 24, 2016, 09:06:11 AM

Caught this great interview with Peter Munk, chairman and founder of the mining company Barrick Gold, last week--he's an absolute character.  It's hilarious when people tell you they know gold's going to go up when the guy in charge of the largest company getting it shrugs, and basically says "Who the hell knows? Nobody does.  I don't own it." 

Skip to 5:40.
http://bloombergtv.ca/2016-03-17/shows/the-daily-brief/the-daily-brief-clips/munk-tough-times-make-miners-stronger/ (http://bloombergtv.ca/2016-03-17/shows/the-daily-brief/the-daily-brief-clips/munk-tough-times-make-miners-stronger/)