the Gold for a rush upwards. Russia, China, US,
And North Korea is preparing for a nuclear war.
and are sending some risky signals back to the
markets, as trade deals with asian country and
the US is at stake. this will generally send the
gold for at higher price. In the mean time we
have Brexit coming. over all the world´s situation
dosen´t look god.
Barrick Gold Corp is a Canadian Mining company,
It primarily explores for gold , copper , and nickel
deposits. In December 31, 2016, it had a
gold reserves of 85.9 million ounces
that a lot..
With the increasing price in gold i se a god case in
this Company. If you look at previously years when
gold price was high, the price was pretty high.
The top is 55.40$ pr share.
The price have made a New structural high
and a higher low. The price have tested the resistance line,
and looks like it is ready to break it.
its high and risky.. i know.
but the industry the company operate in is
very volatile, specially the gold price.
Companies with high P/E can be risky, but you
should also look at the industry the company operating in
Gold have an robust future .
But it can also quickly go the wrong way...
I will expect the price of metals rising very dramatically
specially the gold price. im heavy invested in this company.
this year is the golds turn to rise and shine.
in the mean time, you can find me in my dooms day shelter..