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Bullboard - Stock Discussion Forum Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican... see more

TSX:ABX - Post Discussion

Barrick Gold Corp > China buying up all the gold
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Post by liljohnnyjoke on Mar 08, 2024 2:06pm

China buying up all the gold

https://www.mining.com/web/china-splurges-on-gold-for-a-16th-month-as-price-hits-record/
Comment by Paray99 on Mar 09, 2024 5:04pm
Not only China. Every single central bank is buying big time.. Great Depression is on the way, it seems.
Comment by liljohnnyjoke on Mar 10, 2024 2:18pm
Many (myself included) figured the Fed wouldn't start lowering rates unti the recession was well under way. If you recall they didn't start raising rates until inflation had been running rampant for 12-18 months. Always way behind the curve.