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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 > The Dow will crash 80%
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Post by tootall123 on Apr 05, 2022 9:55am

The Dow will crash 80%

If you have money in the stock market get out now cause sh$$$t is about to hit the fan, yes the Dow will crash 80%
 
The debt market will implode and it will be biblical, last year the 10 year US Bond fund was at 0.5% for most of the year and it went to 1.5% at the end of 2021, today the 10 year US Bond Fund is at 2.5% and rising.
 
When the market crashes money will be coming out of the stock market and out of the Bond market and this money will not go to money heaven it will go into commodities, gold, silver, oil, gas, copper, wheat, corn etc.etc.etc.....
 
GOLD IS KING.
Comment by domcolumba on Apr 05, 2022 1:47pm
Toosmall Are you smoking something? The market will not not crash 80%, maybe 10 or 20% and gold will never move above 1950 for the reat of this year. At least that is what the charts are saying.