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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 > Peter Schiff
View:
Post by tootall123 on Apr 05, 2024 3:56pm

Peter Schiff

From 2000 to 2011 the #gold price rose from below $400 to above $1,900. That was a 5x move. A similar move from the $2K break out will send gold to $10,000. Given the far weaker fiscal position of the U.S. now and potential for larger QE, the next move should happen much quicker.
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