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Compiling comments that experts make about stocks while on public TV.

Barrick Gold Stock Symbol: ABX-T

Notes:gold

Last Price Recorded: $16.9500 on 2016-02-13

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Date Signal Expert Opinion Price
2016-02-05 WAIT Hap (Robert) Sneddon FCSI

This will be volatile. Gold responds more to currency fluctuations than anything else. It is a bit of a myth that gold is an inflation hedge. The concern he has is that there could be some big currency moves out of China. A lot of producers tend to move ahead of the commodity by 3-4 months. He would wait for the gold producers to come back. Thinks this will be higher 3 months from now.


Price:
$16.190
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2016-02-03 DON'T BUY Norman Levine

As a value investor, he cannot find value in gold or gold stocks. These are traded for emotion. Right now the US$ is showing a little bit of weakness, so gold is going up. It is probably okay to own for a trade, but he wouldn’t own it as a long-term investment.


Price:
$14.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-01-26 TOP PICK Ross Healy

Cheap at about 1.5X Book. Thinks it will do very, very well in an era of rising bullion. Bullion has only moved a little bit, and this stock has moved from $8 to nearly $13. You want a big company with leverage.


Price:
$13.400
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-01-25 BUY Bill Carrigan

He believes there is something in the price.  Someone knows something.  Their chart is the breakdown of a large triangle.  It is outperforming the sector so there has to be a reason for it. 


Price:
$13.240
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2015-12-17 DON'T BUY Christine Poole

Gold as a sector is not good.  She has a low weighting.  She would not short because the price of gold has come done so much.  There could be a relief rally.  You could also have seen some tax loss selling in the stocks.


Price:
$9.690
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-14 DON'T BUY Teal Linde

The gold stocks have come off a lot.  Hs concern with this company is the price of gold.  Gold has come down the least compared to other commodities, so it may have a lot farther to go yet.


Price:
$9.690
Subject:
NORTH AMERICAN
Bias:
BEARISH
Owned:
Unknown
2015-12-09 DON'T BUY Mike S. Newton, CIM FCSI

It is very premature to be looking at gold and he will continue to be completely out of the space.


Price:
$10.490
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH on US$
Owned:
No
2015-11-23 DON'T BUY Bruce Campbell (1)

He doesn’t own any golds.  As long as the US$ is this strong, it is going to be negative for gold.  We are 6-9 months away from a gold bottom, although you could trade it in little bands.  When he goes to gold, it would not be this one because they are so large they have trouble growing.


Price:
$9.520
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2015-09-02 COMMENT Brendan Caldwell

Feels the strong US$ could push gold lower. This company has been beaten down tremendously. As a conservative gold play, he prefers Franco Nevada (FNV-T). For a more pure play, in case of a turnaround in gold, he would prefer something like Detour Gold (DGC-T).


Price:
$8.880
Subject:
CANADIAN VALUE
Bias:
BULLISH
Owned:
No
2015-08-14 COMMENT Jon Vialoux

A lot of miners have already had that big bounce and we are still in the period of seasonal strength which runs through until the end of September. $12 was its previous support and it has broken down, and that will be expected to act as resistance.


Price:
$10.070
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2015-08-12 DON'T BUY Rick Rule

He is concerned about the balance sheet and delays.  He is concerned about the failure to merge with Newmont. 


Price:
$10.550
Subject:
PRECIOUS METALS
Bias:
SELECTIVE
Owned:
Unknown
2015-07-29 DON'T BUY Michael Sprung

This is a bit more speculative than it is an investment; it has a very high risk/reward return profile. If the price of gold starts to go up at all, this will certainly prosper from some operating leverage. Right now they are in the position of having a lot of debt and having to dispose of some assets. There are more secure companies to hold in gold than this one.


Price:
$9.380
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-07-22 COMMENT Allan Meyer

He is not a fan of gold. It doesn’t pay a dividend and is more of an emotional item. Supposedly the breakdown in gold is because the Chinese are not buying as much. Also, this company has a lot of debt and are trying to sell off assets.


Price:
$9.590
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-05-25 DON'T BUY John Zechner

He likes the gold sector in general as he thinks the US$ eventually comes off. However, he would not put this company anywhere near the top of his list. They are still paying for their overexpansion of the past decade or so. Having to sell production right now and get the debt down is going to hamper their growth going forward. He would rather buy midsize Canadian producers that are showing production growth, have a clean balance sheet and might get taken out. This company’s balance sheet is still a mess; their production profile is not that good and they still have to sell assets.


Price:
$15.120
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-05-22 COMMENT Bill Carrigan

Chart shows this has been building a base since 2013. The gold sector, for the 1st time in a while, is starting to look interesting. If you are going to buy into the sector, you are probably better off to just buy the basket through an ETF.


Price:
$15.110
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
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