Barrick Gold
The last time Gold was trading at $2100, Barrick Gold was at $26! Today it is still below $16. The world is obsessed with tech stocks while the gold stocks are deeply undervalued. This is such a strong buy.
This chart shows the physical Gold price versus Barrick Gold. Both have been rebased to 100 and so that they can be accurately compared. Gold has pushed to new highs while the mining stock has drifted lower and lower.
This gap will close, and we think the safest way to play it is to be long Barrick Gold.
This chart shows the physical Gold price versus Barrick Gold. Both have been rebased to 100 and so that they can be accurately compared. Gold has pushed to new highs while the mining stock has drifted lower and lower.
This gap will close, and we think the safest way to play it is to be long Barrick Gold.
Most ideas posted here are generated within our client community. Open your account and join our team to get the inside track on our trade ideas.
herenya.co.za/hca-trading/
herenya.co.za/hca-trading/
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Most ideas posted here are generated within our client community. Open your account and join our team to get the inside track on our trade ideas.
herenya.co.za/hca-trading/
herenya.co.za/hca-trading/
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.