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

Bull Case Scenario for Barrick Gold $ABX, $GLD,

Barrick’s five core gold mines have a below industry average cost structure.

Ongoing portfolio optimization will allow the company to focus on the best-performing assets, reduce capital expenditures, and monetize noncore mines.

Gold companies tend not to follow general economic cycles. They can also provide a hedge to inflation risk.

George Gutowski writes from a caveat emptor perspective.

 

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