Barrick Gold Corp (USA)

• Is It an Oversold Value Pick or an Unsafe Falling Knife?

  By Mike Thiessen - May 23, 2013 | Tickers: ABX, GG, KGC

  Toronto-based mining giant Barrick Gold Corporation (NYSE: ABX) has not had a very good start to the year. In addition to intense downward pressure on gold prices that has sent stocks of virtually every gold-exposed miner into the basement, Barrick has had to deal with some regulatory and debt-related setbacks. Recently, the company announced that it would be suspending production at a supposedly lucrative mine in Chile due to a more »

• Vinik Asset's Top Five

  By Marshall Hargrave - May 23, 2013 | Tickers: ABX, BBY, LEN, MON, HOT

  Jeffery Vinik's Vinik Asset Management has his top five stock picks spread across a number of industries. Vinik is a former manager of Fidelity’s Magellan Fund, the largest actively managed mutual fund in the U.S. He managed the fund from 1992 to 1996, generating an average return of 17% per year. Vinik left to start his own hedge fund, Vinik Asset Management, which has become a sector-focused more »

• Silver Oversold, Buy Silver/Gold Producer Coeur d'Alene

  By Peter Epstein - May 22, 2013 | Tickers: ABX, CDE, SLW

  Both Palladium and Silver Have Industrial Uses

  In the past six months, the Palladium spot price is UP 13% while Silver and Gold prices are DOWN 33% and 20%, respectively. Bellwether Gold company Barrick Gold, (NYSE: ABX) and Silver company Silver Wheaton, (NYSE: SLW) are down 46% and 54% from 52-week highs. These companies are suffering greatly from rising costs and resource nationalism in key operating jurisdictions.  

  Barrick Gold, Trouble more »

• Time To Short Gold

  By Callum Turcan - May 22, 2013 | Tickers: ABX, GG, GLL, GLD

  I was wrong, I admit it. A while ago I wrote a post about how central bank demand would push gold higher. Instead, lower CPI numbers and other factors have pushed gold prices below $1,400 and caused numerous investment banks to revise their estimates downward. Credit Suisse sees gold heading to $1,100 an ounce by the end of the year, due to decelerating inflation and the global economy more »

• How to Play the End of the Commodity Super Cycle

  By Salvatore "Sam" Mattera - May 22, 2013 | Tickers: ABX, FXA, GLD, TD

  Since 2009, most commodities have been on a fairly strong, and sustained, run. But in recent months, that trend has shown signs of reversing. Some prominent fund managers have called for the end of the great commodities “super cycle” -- if that’s truly the case, how should investors position themselves?

  The commodities super cycle

  Along with equities, commodity prices largely plummeted during the financial crisis, bottoming early in 2009. Then more »

• When Will Gold Miners be Safe Buys?

  By Chris Lau - May 21, 2013 | Tickers: ANV, ABX, GG

  The bounce from the bottom for gold stocks is proving to be temporary. After gold sold off steeply, as illustrated by the Gold SPDR ETF (GLD) trading at $130 in April, the ETF rallied past $140 at the beginning of May, 2013, only to retest lows in recent trading sessions. At a macroeconomic level, the view that gold has a store of value is diminishing. Government monetary authorities around the more »

• A 13.5% Payer That Will Feed Any Portfolio Well

  By Ong Kang - May 21, 2013 | Tickers: ABX, GGN

  With Gold at lows not seen since late 2010- early 2011, many savvy investors are seeking to buy some gold, or at least get a share in gold mining companies, especially when gold companies such as Barrick Gold (NYSE: ABX) and Newmont are trading at attractive valuations. These companies are two of the world's leading gold mining companies, and also have one of the most attractive valuations when you more »

• Goodbye Gold

  By John Timmes - May 19, 2013 | Tickers: ABX, KGC, NEM, GLD

  Golds dramatic rise over the past few years has been made more interesting by its recent fall from grace.  Gold currently trades around $1,365 per ounce, down significantly from it's 52-week high of over $1,800.  During the time of gold's ascent, many market pundits were advising that miners were a great way for investors to gain exposure to the commodity.  They reasoned that the miners would more »

• Mining Stocks Looking For A Rebound?

  By Johan Seijkens - May 17, 2013 | Tickers: ABX, IAG, SVM

  China and India continue to be the world’s top buyers of the yellow metal called Gold, and this is expected to continue. But despite that the gold and silver price, have seen a dramatic decline. 

  The mining sector has been hit hard but now gives investors some opportunities to snap up some gold and silver stocks for bargain prices. An investment strategy would be to buy  mining stocks that more »

• Gold Has Lost Its Mojo

  By Nur Tarkak - May 14, 2013 | Tickers: ABX, GG, GDX, GLD

  Gold was one of the top investment choices for the last decade. People who bought gold at the beginning of the decade earned impressive profits. Even though there were downturns in price, most were short term. However, gold has lost its mojo, and is trading almost 20% below its previous high. Gold ETFs, like SPDR Gold (NYSEMKT: GLD), have lost about 15% since January. 

  Reasons behind the recent gold crush more »

• Two Gold Stocks for Emerging Market Plays

  By Peter Pham - May 11, 2013 | Tickers: AU, ABX, GDXJ, GLD

  While most of the gold exploration and production companies, from the giant Barrick Gold (NYSE: ABX) to the junior plays such as Valor Gold (VGLD.OB) are increasing their focus on the Nevada’s gold rush, others such as B2Gold Corp (BGLPF.PK) and Continental Gold (CGOOF.PK) are eyeing some of the key areas in the emerging markets. Both B2Gold and Continental are based in Canada and have recently more »

• Where Next for Gold Miners?

  By Rupert Hargreaves - May 10, 2013 | Tickers: ABX, GG, KGC, NEM

  Evy Hamro the manager of BlackRock's commodities funds, recently told a room full of investors in London that 'Gold miners will become a barbarous relic, without change' after shares of Barrick Gold (NYSE: ABX) fell to a 20-year low last week and the company lost its position as the largest gold miner in the world by market cap to peer Goldcorp (NYSE: GG).

  But how did it get this more »

• If Natural Gas, Why Not Gold?

  By Peter Epstein - May 8, 2013 | Tickers: ABX, GDXJ, NEM

  Few questioned the reasoning behind the thesis. Natural gas prices had been stuck in a range between $2.00-$3.30/mmBtu for almost two years. Yet, today natural gas prices are above $4/mmBtu, more than double last year's low tick. The EIA reports,   

  "Average wholesale (spot) prices for natural gas fell significantly throughout the U.S. in 2012 compared to 2011. The average price for natural gas more »

• Buy This Golden Anomaly

  By Shmulik Karpf - May 7, 2013 | Tickers: ABX, GDX, SA

  Since the beginning of 2013, gold has remained in the spotlight. It certainly receives its share of publicity. Many traders and analysts express their opinions about the fate of gold prices. The drop in the price of gold has caused a spike in interest and demand for physical gold. For example, the U.S. Mint had ran out of its smallest gold coins. But buying coins or talking about the more »

• 2007 to 2013: A Look at the Markets

  By James Kerin - May 3, 2013 | Tickers: ABX, PALL, SH, GLD, SDS |

  At the height of the real estate bubble in October 2007, the DJIA traded at 14,164.43. Financial institutions had heavy exposure to the collateralized debt obligation (CDO) market in the form of mortgage-backed securities, while banks were frantically writing and packaging sub-prime mortgages. In the meantime, the credit default swap (CDS) market was virtually unregulated; insurance companies were selling them with abandon. On the surface, the US economic more »

• 3 Attractive Dividend Payers for Income Investors

  By Chris Lau - May 3, 2013 | Tickers: ABX, POT, TRP

  The bearishness surrounding resource companies is creating an unappreciated benefit for investors: rising dividend yields. Even as the highly followed index, the S&P 500, continued its steady rise and recovered from the sell-off that began in the middle of April, key companies in the resource sector have yet to outperform the index.

  TransCanada (NYSE: TRP), Barrick Gold (NYSE: ABX), and PotashCorp (NYSE: POT) reported earnings recently. Barrick Gold is more »

• Buying the Gold Slump

  By Reuben Brewer - May 2, 2013 | Tickers: ABX, GFI, NEM

  With a precipitous decline, gold fell more than 20% from its recent peak. That marks a gold bear market. Now is the time to start looking at gold miners.

  Losing its Luster

  Always volatile gold prices have been on a slow decline for most of the last six months. However, that descent picked up steam recently on economic news.

  GLD data by YCharts

  Usually, economic concerns drive up the price more »

• Allied Nevada: New Management Creates Confidence

  By Peter Pham - May 1, 2013 | Tickers: ANV, ABX, SLV, GLD

  Allied Nevada’s (NYSE:ANV) stock surged after the company reported its preliminary Q1-2013 results. The business is one of the key players of Nevada’s current gold rush and owns more than 100 exploration properties at various stages of production throughout the state. The company’s stock has bounced finally after almost touching the 52-week low as it informed investors that it was going to meet its six-month guidance more »

• Is it a Good Time to Sell or Buy Gold?

  By Gwendolyn Sheys - April 30, 2013 | Tickers: ABX, GDX, GLD

  Is it a Good Time to Sell or Buy Gold?

  The recent record crash of gold by up to 27 percent lower than its original value has sent the world market spinning. Prices reduced to a low of $1,321.95 an ounce on April 16, 2013 from its previous high of more than $1,900 in September 2011. Days before April 16, gold was selling at over $1,600 more »

• This Investor Has Been Focusing on the Metals Market; A Look Back

  By Meena Krishnamsetty - April 30, 2013 | Tickers: AU, ABX, KGC, SWC, VGZ

  As its name implies, Sun Valley Gold—at least on the equity side—is concentrated on the precious metals market, in companies related to mining, producing and refining. Unfortunately for the fund, a 13F portfolio with nearly all its positions tied to metals most likely hasn’t done too well of late, as metals prices have dropped to 2+ year lows. Of course, 13F filings from the SEC only indicate more »

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