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Barrick Gold Corporation (GOLD) has made headline news due to its becoming the latest holding in Berkshire Hathaway’s (BRK.B) portfolio. This has made many reconsider the role of gold and the importance of gaining exposure to the yellow metal as part of a well-balanced portfolio. Nonetheless, I believe there are many reasons to stay away from gold miners, and instead of buying gold outright. Furthermore, even if you are looking to buy some gold miners, other companies currently offer much better value in my opinion.