quit talking about $13. geez, give it a rest. Gold would have to hit 1180 again for ABX to hit 13. can people think???
thanks so much. Like you said, some of this has been said before. I wish we'd hit 44 but it's a stretch at 25 now. I see the SA article touts the barron's piece too but doesn't go into detail like you. I sold one part of ABX and swapped out for 2X more of NEM in one acct but have one other all in ABX. Need the 30's so I doubt that will ever happen. thanks again.
I hope but doubt we stay above 18 long. What reason?? barron's like the article said? now if some rumor hit, we'd cross 25 in a heartbeat. Doubt that happens till I bail on my abx and get out. The fed tapering and other economic bs is controlling gold and abx. What #$%$ me off is that ABX fell from 19 to 17 on the jobs report (292K vs. 330K) and it's due to 2 states not filing numbers. How can WS be so stupid to not see that if those states filed numbers, it would be higher than 292K total. Idiots out there. And I'm an idiot for buying ABX at 34 and NEM at 43 and GLD at almost 40 and GLD over 160 etc....
yeah, that's true. they had to go into debt to cancel some hedges. That's part of the reason for the huge debt position. Break up the company and get $35-40 for it and be done with it.
don't feel bad. I had abx at 19.1 and sold at 19.25 today as I share an office with 25 people (grand central station). I watched it go down to 17's and just wanted out. 2 hours later and it's 20.60. Gold will pull back again after having a great day today. Have cash for Monday now.
well written article on bbry. I don't own any (had 20K at 8.80 and sold at 8.89 before the run to 12's so I screwed that rise up). Not sure where this goes but sad companies bite the dust.
everyone and their brother said gold to 1200, 1100, or even below 1000 to 900 by 2014. That's not good. I think they are jawboning it down for shares so when it goes higher by end of year, they gain on the shares.
that's why we are down today. lousy cramer bs. I bought more at 46's and RIG has been down since. Where is ichan???? all his sheet goes up and RIG comes out his butttt.
if barrick were smart, they'd start to hire some guns for hire and take out a few hundred Indians. they'd change their tune really fast. Someone needs to show them who's boss and tell them we mean business. I think 250-500 of them is a start. Go for it ABX. Get rid of them for good.