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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 Republic, Mali, Tanzania and the United States. The Company’s operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.


TSX:ABX - Post by User

Post by Vinnie3on Sep 29, 2022 11:14pm
199 Views
Post# 34996671

Why gold will be up tomorrow

Why gold will be up tomorrowCentral banks are keeping the dollar within a collar, usually shorting and arbitraging on currencies, to ensure world wide pension fund liabilities and government programs are stable and safe.they can endure another 3% loss in the markets and they want to slow motion that.. 

So now there is less money for them to collar the price of gold and they must use funds more on the dollar and shorting oil the primary agent of inflation.. The mafia are taking care of cryptos so no worries there they will not let it  go down below 18700.They need cryptos for money laundering too much.

So because the gold price fix by the members is weakening its sronghold, there is just not enough cash to control the gold demand now in china and india.  So they will let the dollar go down a bit, thus gold up a bit . But not too much at a time.  Its just on Monday that the gold price will go down fast and at 8 30 am to start the week but tomorrow they will let gold go up 10-15$ by adjustiing the dollar downwards because they now know that bankrupting the world with a too high US dollar will bankrupt them too.
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