Barrick Gold Corp T.ABX

Alternate Symbol(s): GOLD

Metals & Mining Gold

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It 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. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its 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.

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Barrick Gold Corp

Bullboard Posts

Comment by bigbank91on Jan 29, 2014 8:05pm

182 Views

Post# 22150672

RE:RE:RE:RE:Shocker $-10b

I agree,
Its long term deflation.

as these are the riskiest buyers that banks wouldn't lend to.
fed bought them too quickly driving up asset prices and cost of living .
then consumer spending suffers as cost of living is too high.
most of the home sales went to the cash buyers and reits that just rented them out.
so the 99% saw none of the asset inflation gains.

Bullboard Posts

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