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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (2021)2/7/2000 9:28:00 AM
From: russwinter  Read Replies (4) of 3558
 
No question that ABX is the hedgemiester extraordinare. Their approach has been the way to go in the great gold bear market of recent years. They've flourished while others have sunk. The question du jour is will this approach work successfully in a gold BULL market (if indeed there is one)? I think they need to quickly adjust or they end up fighting the last war. Since I'm bullish and am looking for instruments that represent a call on gold, I will pass on the ABX's.
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