Articles Tagged "Barrick"

Hedge Fund Manager Confirms Bullish Gold Investment Thesis

Gold – Traditionally, money managers occupied in more generalized investment mandates often ignore precious metals and dismiss gold. Finding a gold fund that invests in gold is relatively easy, but finding a prominent hedge fund that is heavily predisposed to investing in gold is indeed a more rarified jewel.

Gold Miners On The Hunt

  There are two sides to the gold story. 1) Gold moved up because of fear. Fear of another financial disaster and concern that the US dollar was vulnerable. 2) Gold rose on massive stimulus and quantitative easing, which is set to bring on serious monetary inflation that will eventually result in price inflation. Which [...]

Dollar Woes & Gold Highs

Gold Investing News reports gold price has been high for the third week in a row. Gold reached $1,058 an ounce on Thursday, powering past Wednesday’s high of $1,048.4. On Tuesday, it passed the $1,033.9 an ounce record set in March last year. Top miners Barrick Gold (TSX:ABX) in Toronto and Newmont Mining (TSX:NMC) in [...]

Gold Price Soars, Then Slides

Gold Investing News reports gold price rallies with news of global pandemic flu spreads. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April at $918.25 on Monday. Fears of a global swine flu pandemic grew with new infections in the United States and Canada [...]