Barrick Gold Corp T.ABX

Question for the Gold'ahlics

[Reality888]

YOU guys since 1977 have been pounding your chest about Gold being an INFLATION driven investment.

So WHY did Gold in U.S. $ trade FLAT for 2022 while INFLATION went Parabolic?????

REALITY = Inflation is raging yet Gold can't even Close above $2000

We ALL know street level Inflation is running at 30%+++ while the global Central Bansters tell us its far far less = BS Pump...yet GOLD in 2022 told us there is NO Inflation

Gold'aholic Charlatans have been DEAD wrong going on 13 years !!!

https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/

[Flyhi2004]

I'll answer.   It's not an inflation hedge.  It's a commodity that has been traded when men were not wearing any clothing.   it's like the US dollar.  Built on paper.   Laced with gold.   the American dollar should be worth much less soon enough as it's a fake in a propped up central bank which is so far in debt it doesn't reflect

[onthepath]

This post has been removed in accordance with Community Policy

[Flyhi2004]

Not venting and not saying gold is a bad investment.  Just questioning why ABX is such a laggard.   as far as a hedge against inflation I have heard both arguments.  My point on the is inflation has been here for quite some time while gold continued to under perform.  It is stating to light up now and I do hope it continues to go higher  they are under lying other