Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Tommaso who wrote (279)	12/20/1997 6:53:00 PM
From: Ross	Read Replies (1) of 3558

Tommaso. Thank you for clarifying your statement about gold with respect to some of the far eastern currencies. As to Barrick, I agree that it is a good stable company. And, if you believe that gold is going to rise then ABX will be a good investment. Two problems that face ABX's reversal are a strong dollar and weak underlying metal. Both seem to be in secular bull and bear trends, respectively.. The recent bounce in ABX can, up to this point, only be deemed a bear market rally.. The next pullback will be interesting for ABX. Ross

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