Market at 'risk of collapse' if war persists - CEO of Barrick, world's second largest gold miner
ฝัง
- เผยแพร่เมื่อ 24 ก.ค. 2024
- Mark Bristow, CEO of Barrick Gold discusses with Michelle Makori, editor-in-chief of Kitco News the ramifications of a protracted conflict in Ukraine on the markets.
0:00 - Ukraine and Russia
8:05 - Gold outlook
10:18 - Inflation and mining costs
15:07 - Barrick production guidance
17:47 - Copper
20:49 - Barrick expansion
26:44 - ESG
#Ukraine #Barrick #gold
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Metals will continue to be manipulated until the Comex is shut down and the criminals are behind bars.
This man is working at it...trying to honestly see straight and not take sides. Getting tired of the propaganda. Good show.
@Pinned b.y Kitco NEWS SCAMMER
Mark Bristow is a good man. Randgold was a straight company !
He's one of the most, if not the most, down to earth good guys. Good to have him as CEO of Barrick.
She has an impressive way of keeping the discussion real in a very logical way. A trait acquired through close relations with father. 👍
She can learn alot from David. She shows her biases all the time, from a journalist standpoint she isnt very good.
@@toms8483 In additiin to being Lead Anchor and Editor-In-Chief at Kitco, Michelle has worked for several major news networks around the world and is internationally acclaimed in journalism. Shows how much you know about journalism Tom.
@@freeroamer9146 the best journalists, you do not know their bias and I know hers. The best journalists ask follow-up questions when they dont agree or seek more clarification, they don't debate the person they are interviewing as I've seen her do multiple times.
@@toms8483 Tom, the bias lies within you! Get to know yourself. 😐
Is that why her lipstick is smeared like a blow up doll?
Valuable perspective and info! And you both spoke a bit of Afrikaans at the end -- very cool! Thank you!!
This guy is on point . He's very open minded to how the REAL world works .
Mark Bristow......Best Ceo in the Gold sector. 💪
00:02:40 Barrick CEO: "With COVID, everyone was very selfish in the way they managed particularly the developed world . . . . they neglected the majority of mankind . . . . the emerging and developed world".
Huh? Many of the "neglected" parts of the world - such as Africa and even India - mostly free from mask and vaccine mandates did just fine through COVID. It was the highly managed, mask and vaccine hysterical countries that suffered the most cultural, economic, psychological, and health damage from COVID.
like India ? Talk to any Indian to tell you how they felt when relatives chocked to death when there wasn't any oxygen or when there wasnt enought wood to burn the bodies.
Funny I understood the speaker in a different way. I was hearing him say that people’s real needs were neglected by trying to make everyone wear masks and close down family owned businesses. I didn’t think he was talking about trying to make MORE people wear masks.
I like how they are hinting at the real causes for conflict in this world. Right on
@Pinned b.y Kitco NEWS SCAMMER
Great interview. Good lessons in leadership right there. Barrick in safe hands. Thanks 🙏🏼
Michelle and Mark are brilliant...awesome content! Thank you both
@Pinned b.y Kitco NEWS SCAMMER
What a great interview. You can tell that Michelle has really come into her own.
They're both South African born individuals. There's nothing occurring but facts being shared. If anything, this interview should only give people thought on looking ahead
@Pinned b.y Kitco NEWS SCAMMER
One smart gentleman. Solid company to hold long term.
love it to go to 50 like 2011
Outstanding interview by an outstanding interviewer.
So why no body care to put sanctions on war criminal in Middle East?
That’s hard to hear. He’s saying there’s no increased cost to going more green and then says they’re taking advantage of cheaper local labor. Like sure that’s great to employ locals. But it looks like they’re just offsetting the cost. My neighbor runs a massive salt mine that’s underground. They went to solar for power except for their vehicles. He said not a million years would they have done it without the government subsidies cause it would have taken forever to be positive on that investment. I don’t see why people don’t speak openly about it.
I came looking for mining insights, but leave impressed with Mark's human qualities and especially love the way he is embracing youth and his regard for the 50% of people that society leaves behind. We need more leaders like him.
Very healthy conversation...
I love the part about “ if the mine stumbles on “ ( another ) metal , it needs to be disposed of …
IN OTHER WORDS - we make a crap load of “ hidden “ money on SILVER - but we are in the gold business , soooooo we really need to talk about gold …
Gold and copper are usually found with cobalt.
For every ounce of gold there's approximately 3000oz of silver
@@audemars_piguet13
Ok …
The videos “ out here “ CLAIM - that silver is mined at 7 ounces of silver to 1 ounce of gold .
@@audemars_piguet13 🤣🤣🤣
I flew out of Hollywood Ft. Lauderdale once..... to St. Maarten in the Caribbean...good times....more sunny than Cape Town even
Good point about the inequity that glaringly exist in the world. People are waking up and have realized that the authorities are not interested in ordinary people but in the control of them and economic gains that goes along with it.
Michelle darling you are so fun to listen to and watch great interview.
They are using it as an excuse because the market was going to crash regardless!!
When the options for resource extraction in friendly countries are drying up, the Pebble Project in Alaska should look a whole lot more appetizing to a sane US administration. Northern Dynasty Mineral (NAK)
War will start if that happen
Great interview buy b2gold take out Newmount for number 1 spot! But if not Barrick you still done great job keep it up!
I am very heavy B2gold, it seems to do fine on its own.
Not really it should be at least the same share value as Yamana gold! It produces more gold cheaper.
Was SA better offf under white rule
opening comments are impressive!
Very intelligent person.
Michelle did great!
America is always talking about weakness, never asking the question how we got here. There has been developments and negotiations on this issue for the past 10yrs.
Now everyone acting like they new nothing. Back in December, everyone watched the last rounds of negotiations, if there is no progress for 10years, ultimately there will be conflict.
The American establishment was very much present from day one and dictate the Ukraine position.
LEGEND!
I want someone at Kitco to ask him or Rick Rule or others....what are possibilities to price of gold if Putin starts to use his massive gold reserves to pay his way thru this war.
I believe it will go higher PUTIN will get the Ukrainen GOLD. I heard that if he get there GOLD he will have enough to fun 3 more world WARS.
I think Donald Rumsfeld said something about known unknowns too ;)
This guy and I made a tun of money over the past few months.
Oh that's why Michelle has that accent, she's South African
"TRAWNSITORY"
He said after Cold War we went in a period of global peace. But thats not true , there were even more konflikts after the colapse of soviet empire , Irak ,Yugoslawia, Uganda , Afghanistan , Somalia, Mali , Syria, Lybia , Egypt, Georgien, etc...etc...etc...
It's not really true that there is more conflict now... Or yes, OK many conflicts but the death tolls have actually decreased, if you look at things rationally
Video quality is so good, that it looks like i can touch Michelle 🙂
Does he have shorts? What’s the thing with 1200 dollar price to allocation...
Barrick dives in when they can mine an oz for $1200
Not wearing shorts :S
Gold and Silver🥇🥈🚀🚀🚀🚀🌤☀️
Funny. A BMO conference. A Canadian mining exec. In Florida. Because Canada isn’t free.
For real? Must be a gringo cause it feels pretty free here in the great white north. Nobody around. South African executive of a canadian mining company you mean? Who wants to attend a conference in Canada when you can go to Florida...besides, it's a pit stop on the way from S. Africa to Canada. Go boks!
I hope my gold can survive the hi temps at ground zero when the nukes start flying.
Goodluck carrying it, running and shooting eeeeek
You should be more worried about global warming, LOL
👋 Michelle 💕
Wangy wangy
This war is most worrying because it is not started by US or NATO.
yes it was !
You should do a bit of research to see why this war started. Do a bit of deep dive and not responding emotionally.
@@under18fearless yes if english speaking i would start with "Why is Ukraine the West's Fault? Featuring John Mearsheimer" from 6 years ago (after Maidan coup) out of University of Chicago.
Biden voter?
Refreshing to see the responses. I guess the irony of my statement was too subtle and lost.
If I had stated the exact same statement on a majority of the Internet, I would be pillared as a Russian sympathizer.
The war is worrying precisely because it was not started by US or its allies. If it was, all the MSM media would either ignore it like in Yemen or say how good and just the war is, like in Libya or Syria. The West is so corrupt and have departed so far from its professed ideals that almost all that they do on the geopolitical scene is wicked and evil. Yet they think they are just and good, the hubris is staggering.
A society that worships sex and money above all else and condones and encourages the killing of their population’s unborn babies, is one that will fail and fall. Judgement will come. The end of morality, yet thinking itself moral, the West will consume and destroy itself.
Creme Della Creme, you said it!
Money for America and blood for Ukraine.
Gold really hasn’t really gone up that much! Oil is really the commodity that has increased over50% ! In 2008 gold was over1800 ounce!
Almost everything Kitco or their guest says never happens.
Michelle is lovely.. What a classy lady ..
The point missing is that the administration is more concerned about re-election than anything else ....
.
Gotta plug that tail pipe with my wonder stick
Get woke go broke. I hope you Focus on your shareholders.
"Ten percent for the Big Guy".
Is that an angel asking the questions? Wow. Stunning.
Miss South Africa up and coming for the next Miss World.
If loving you is wrong I don’t want to be right!
Tell ur guest DOWN WITH GLOBALISM
@Pinned b.y Kitco NEWS 👎👎👎
I’m sure this tough guy will be the first to put his life on the line for freedom. Yeah talking is definitely working…..if you toe the party line and withstand the “you are a racist, white supremacist, hate the poor and you are a polluter and shouldn’t eat meat 🥩,” the dialogue will be extremely productive
“Humankind”..?? Wtf?!
This wouldn't have been a 'humanitarian' crisis if Biden had just helped Zelensky sign the paper.
@5:29 "I don't think we've had too many adults at the table for awhile." Bingo. Look who "leads" western nations. Children.
She has all the traits, qualities,terms,and definitions described 😍
Seems to be a good man. Pity about all those poses with the animals he killed for sport.
@Pinned b.y Kitco NEWS He is a dangerous man. He knows how to act like a good man.
Im in love
Please chose better guests. This Sir don't even respond to the concrete questions and get easily side tracked himself. Good moderation from Michelle thogh
One of if not the biggest gold bugs in the precious metals industry.. it doesn't get better than that.
Is she South African?
The political slant on the conversation was a bit too much.
Wow she is beautiful 😍😍
Totally HOT !
Kitco needs to sell Michelle Mikori calendars …
Oh she's South African - that explains why she's both intelligent and gorgeous.
There's no point in dialogue if the West does not listen.
I own GOLD but this CEO just oozes about the state of the world. Sickening.
@@passiveaction And that was before I heard him drone on about ESG. Hopefully he won’t “loss it all” of his focus to shareholders.
Send in the Canadian truckers; they'll straighten out those Ruskies in no time at all.
Send in the Trucker's...??? *Can't do it* ...
The Canadian Government froze their accounts.. while other's were arrested and fined..remember? One was beaten by the police..eh; tactics, typical of despotic regime's. *It is the West that needs to be "straightened out, Sir"* (as you put it) since they have become more authoritarian in this post-Covid, new era! Perhaps you may not have realized how prevalent "corruption" has become among "Amoral Leadership" in "Western Democracies" ...giving rise to Totalitarianism in a growing segment of the Western World!
Who throw nuclear bomb on hiroshima?
"globalist"
Definitely not a small thinker and if you're in mining, you better not be a nationalist. 🤣
@MostOfTheInternetIsFake Globalism is the future and nationalism belongs in the dust bin of history.
She is so beautiful!!!
Buying into crypto currency, they say by gold ,can you go to the grocery store use gold or any retail products, but crypto you can basically buy any retail products more and more all the time, take planes, hotels, Walmart food, Shiba inu into the retail sector, Where ever visa debit is taken so is Shiba inu digital currency world wide by Mover Dao debit cards,
LOL
Mark are you as worried about people dying in yamen starving and on top of that bomb from Saudi and USA 🇺🇸 as you worried about Ukrainian killing
Never forget the people of Yemen, Libya, Syria, Afghanistan, Iraq and Palestine. They are still suffering💔
doesn't matter if market collapse, in south America.many country lived with.high.inflation and faced collapse before and they still going...
only the speculators, gamblers, borrowers, greedy people who bought things they can't afford like big houses and expensive cars.....gonna lose their shit...
the people that live within their means won't be affected as much...
German, French, British empire they all collapse before and they fiat money devalued but many people still want to go live in those countries ....
summarize: dont be greedy or karma will bite u in the ass
Snake oil conference....
Bitcoin will be 100 K before gold brakes 2K
Sad but that’s the reality of a manipulated market.
Buddy, the world's never been more global. Thanks to Bitcoin! wakey, wakey
Ahhh, another gold miner. Someone who thinks so little of gold that they sell every bit of it they mine.
Probably the most reputable of the gold miners. Kibali will be huge.
Troonsitory
Crypto currency better to have then not
🇷🇺🇷🇺🇷🇺 i remember Afghanistan Irak Syria Libya Palestine and all the CIA crimes around the world
Barrick needs a new CEO. This guy is totally missing the point. She is asking about UKRAINE and this guy rambles on. Time to retire.
That is because of who is on Barrickls Board of Directors.
Viva ZA leaders, Viva
I hope it collapses
I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Kennet Gibbs has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 20 BTC lately…….
why a white is the chief of african gold ?????????????????
The Dutch empire ...
I thought it was because he is THE MOST QUALIFIED man for the job …
See people from effective & management selection based merit, not color of the skin.
Barrick Gold is a Canadian company, not South African, for those who think otherwise!
@@studesroches4596
The CEO is from South Africa ; I believe that gentleman was referring to the gold physically coming out of African soil , if I’m not mistaken .
Does she have OnlyFans?