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/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.