Gold sector run up reminds Barrick CEO Mark Bristow of a time when it didn’t end well

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  • เผยแพร่เมื่อ 27 ม.ค. 2025

ความคิดเห็น • 36

  • @amtexec3164
    @amtexec3164 4 หลายเดือนก่อน +6

    Siempre es un gusto escuchar a un grande que brilla con luz propia🤝👉🇪🇨🇵🇪 saludos

  • @briangranger1741
    @briangranger1741 4 หลายเดือนก่อน +10

    Money supply has x20 since 2000. Gold has x10 since 2000 ($260 - $2600). Gold is on it's way to match the money supply so another $2,600 still left. Central banks know this...

    • @centurione6489
      @centurione6489 4 หลายเดือนก่อน

      ... in theory, that is.

    • @liquidsn0w
      @liquidsn0w 4 หลายเดือนก่อน +1

      Don't forget amount of gold is also up. Your math is obviously flaved.

    • @briangranger1741
      @briangranger1741 4 หลายเดือนก่อน +2

      @@liquidsn0w Don't forget they will print more currency, your logic is obviously flawed, I mean "flaved" 😅

    • @liquidsn0w
      @liquidsn0w 4 หลายเดือนก่อน

      ​@@briangranger1741​ No, my logic is intact. Don't confuse facts with wishes, and past with future.

    • @liquidsn0w
      @liquidsn0w 4 หลายเดือนก่อน +2

      ​​@@briangranger1741My logic is intact. Do not confuse fact with wishes and past with future. And I'm not stating what shall be the price of gold or that your logic is wrong, just that your math is incorrect 😊

  • @mariner1358
    @mariner1358 4 หลายเดือนก่อน +3

    I like Barrick mining stocks. Has the smartest CEO in the mining business.

  • @TimeTraveller-i5x
    @TimeTraveller-i5x 4 หลายเดือนก่อน

    Mark Bristoe, comment on a Pioneering spirit, captures the essence of Mining .. 😊

  • @ReachJag
    @ReachJag 3 หลายเดือนก่อน +2

    This fella is a conman .. making lofty promises in future .. in spite of high gold prices this fella not brought any shareholder value. If the gold prices didn't go up he would have bankrupted the company. He should be replaced with a CEO from PE firm

    • @ghgggbhbhb3979
      @ghgggbhbhb3979 หลายเดือนก่อน

      When you break it down, yes, fair comment

  • @friedrichstarven4840
    @friedrichstarven4840 3 หลายเดือนก่อน +2

    Did he really say that market cap is not important as you can increase it by issuing shares???

    • @Chris-4i2
      @Chris-4i2 3 หลายเดือนก่อน +2

      Yes which doesn't make sense

  • @MariaLima-ru1vx
    @MariaLima-ru1vx 4 หลายเดือนก่อน +18

    Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

    • @TuyKhai-g
      @TuyKhai-g 4 หลายเดือนก่อน

      I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

    • @tiago6karate
      @tiago6karate 4 หลายเดือนก่อน

      I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @TuyKhai-g
      @TuyKhai-g 4 หลายเดือนก่อน

      She goes by ''Jane Nina Pickett'' she's a renowned figure in the financial industry with over one decade of experience. I'd suggest you research her further on the web.

    • @tiago6karate
      @tiago6karate 4 หลายเดือนก่อน

      I found her outstanding and excellent resume when I made a research of her full names online. I count it a gift that I went over this remark.

  • @BradThye
    @BradThye 4 หลายเดือนก่อน +2

    In terms of providing an interesting perpective, he passes my sniff test. Great interview.

  • @JPS40
    @JPS40 4 หลายเดือนก่อน +1

    Thanks for the video! Actually Bristow did a very good job at Randgold but Barrick is a whole different story... :
    - They have huge difficulties to cut costs
    - The reserve replacements concerns mostly copper. Their gold production will decline as copper production will double which is a big shift and makes Barrick less of a PM stock. While copper's shortage is real, I don't think it can compete with gold's tailwinds. Not even mentionning the potential recession/stagflation/depression which would delay copper's take-off
    - They invest in such difficult jurisdictions that they see often their mines closed: Porgera, Buzwagi, Pascua-Lama
    - Actually under Bristow's mandate, share count has doubled while production was cut by almost half
    - Barrick's dividend is high compared to FCF.
    - Mark Bristow was a very good CEO with Randgold which was one of the best stock of the previous gold bull run. Barrick's story is really different...

  • @davesubers3415
    @davesubers3415 3 หลายเดือนก่อน

    If the gold price doubles Barrick will go up $3 what a great deal

  • @srg6532
    @srg6532 4 หลายเดือนก่อน

    The US is about to have failed treasuries auctions. The CEO is incorrect on holding cash vs gold. Normally, he'd be right, but not now.

  • @jorgegomez524
    @jorgegomez524 4 หลายเดือนก่อน +2

    Show us the money!

  • @davesubers3415
    @davesubers3415 3 หลายเดือนก่อน

    Why is Barrick not $40 per share? Is someone getting paid too much?.

  • @alfred1535
    @alfred1535 4 หลายเดือนก่อน

    You know if he's talking you need to short the gold now

  • @reinhard7572
    @reinhard7572 4 หลายเดือนก่อน

    Barrick should be a $100 stock!!

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 4 หลายเดือนก่อน

    Mark looks like he drilled a few rounds. Look at the size of his hands.

  • @WillHpowers95
    @WillHpowers95 4 หลายเดือนก่อน

    why does he speak so slowly?>

    • @jaygunter3828
      @jaygunter3828 4 หลายเดือนก่อน +1

      Is he supposed to be in a rush?

    • @RTeBokkel
      @RTeBokkel 3 หลายเดือนก่อน

      He has never been on TikTok. Not even one time.

  • @edwardjones4874
    @edwardjones4874 11 วันที่ผ่านมา

    Lol 😂 lol 😂 you got kicked out of West Africa