- #1 gold reserves
- #1 gold producer - and finally unhedged
- tremendous project pipeline
- provides global diversification in geopolitically stable regions
- strong balance sheet
- strong management
- etc, etc, etc
Gold is currently in a correction, and this presents an opportunity to "invest" in Barrick Gold. "Invest" is intentionally quoted, because don't consider this a trade. This is both a value and growth investment opportunity. The charts are indicating the downtrend to continue, but what's interesting is that the Gold miners earnings are coming out this week. Barrick reports on Thursday. Early in the week may be a buy opportunity.