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Seven Quotes from Warren Buffett on Gold

May 28, 2013 | About: GLD +0%

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Warren Buffett is not a big proponent of owning gold to be sure. I'm not too keen on it either, but given what has happened to the share prices of junior gold miners I can't help but think the entire sector is dramatically oversold.

Check out the chart on the junior gold miner ETF below:

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It is hard to imagine that at current gold prices there aren't some serious bargains to be had in this bunch, or perhaps the entire ETF is a good idea.

As I consider some investments in the junior gold mining sector I thought it would be wise to revisit the wisdom of Buffett and his thoughts on gold:

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