Home » Stocks » Bear Case Scenario for Barrick Gold $ABX, $GLD

Bear Case Scenario for Barrick Gold $ABX, $GLD

Many investors skip the corporate risk and just buy or short the commodity directly.

 

Barrick is deficient in large future growth prospects. Pascua-Lama and Jabal Sayid are on hold for the time being.

 

Equinox is a big disappointment. The acquisition valuation needs very high copper prices. As soon a the deal was closed copper prices went down.

 

George Gutowski writes from a caveat emptor perspective.

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