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Direxion Daily Gold Miners Bull 3X ETF Message Board

  • ninjadude640 ninjadude640 Jun 30, 2013 1:38 PM Flag

    Drop in gold price reveals miners' debt worries, WSJ says

     

    The recent drop in the price of gold is exposing the debt load of gold miners like Barrick Gold (ABX) and Newmont Mining (NEM) and may lead to ratings downgrades, says the Wall Street Journal. Mining companies are looking to cut costs and sell assets to strengthen finances to avoid downgrades added the Journal.

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