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

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2012-12-27

Opinion for Barrick Gold (ABX-T)

Signal Price Bias Subject Owned
DON'T BUY $34.240 OPTIMISTIC GLOBAL No

Prefers being in the mid-name in gold, where you can see some growth in production. People have access to gold in so many different ways that they really don’t have to buy a company. Cost structure has gone up a lot on these companies, which has really hurt them. From a technical point of view, gold can go lower. An ETF makes a lot more sense.

Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management

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