Barrick Gold Corp T.ABX

Alternate Symbol(s): GOLD

Metals & Mining 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.

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Barrick Gold Corp > I understand the massacre on gold stocks

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Post by Goldenpouon Jun 15, 2023 3:03pm

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Post# 35498661

I understand the massacre on gold stocks

The mathematical probability of ALL gold stocks down today is as follows:

1 in 7.543 billion

Why?
ALL gold stocks are down
Gold up $20
Dow up 400
US dollar down .80
Stocks are same price as 2016-2019 when gold was around $1300
Oil price is around the same price as then
Gold stocks alreayd make loads of money
Gold stocks are overwhelmingly a buy with ALL analysts
The press is generally positive

Is it the prospect of a recession

OR

There is no manipulation, it is one person , US government who wants to teach the world to not go for gold to keep the US dollar as the only intl currency

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A junior copper-gold stock trading at a bargain of monumental proportions