I see no problem here. He is buying a gold miner, so he is buying a business profiting off this weird desire for gold. You could basically say the same about ch

I see no problem here. He is buying a gold miner, so he is buying a business profiting off this weird desire for gold. You could basically say the same about chocolate: "People pay money to buy what is basically compressed sugar to then die from diabetes" (little exaggerated). Doesn't mean it's not profitable to own chocolate companies (as Buffett does)