SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
outperforming inflation
ABX
|
|
|
+21.92%
in
14 days
(closed on 11/12/09)
see my post on RGLD to have a more detailed write up. same chart pattern, same sector, both companies unhedged to the short side.
|
NY session does it again
ABX
|
|
|
+4.20%
in
23 days
(closed on 10/07/09)
i expected some more resistance from gold cappers. it's ok, i don't expect it to be a big down move, so i'm just holding onto my small position here. I'll look to buy more as we get lower in price.
|
Barrick Gold unhedging short position
ABX
|
|
|
+0.56%
in
5 days
(closed on 09/14/09)
This is quite good news despite market action today. For several years now i've mentioned that gold would be on it's way to and beyond $1000/oz. Apparently Barrick believes this too and has decided to unhedge their position on their gold.
Very good weakness here this morning, It came a bit lower than i had expected it to this morning. Buying down until $33.
gold should be breaking $1000/oz very soon. buy and hold is my recommendation for this guy. Barrick will be looking good like the rest of the precious metals sector this fall/winter season.
|
New Index of Highly Defensive Market Cap Leaders
ABX
|
|
|
+40.76%
in
270 days
The ETF Innovators Highly Defensive Index contains 40 market cap leading companies which are based in either North America or Europe from the defensive industry groups (A-K) specified below. www.BioMedReports.com - Mike Havrilla (A) Mass Merchant Discount Retailer (1): Wal-Mart (WMT) <> <> (B) Consumer Staples (12): Coca-Cola (KO), Colgate-Palmolive (CL), Diageo (DEO), General Mills (GIS), Danone (GDNNY), Kraft Foods (KFT), Nestle (NSRGY), PepsiCo (PEP), Philip Morris International (PM), Procter & Gamble (PG), Reckitt Benckiser (RBGPF), Unilever (UN) <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< />...
|
Create Your Own Highly Defensive ETF
ABX
|
|
|
-12.69%
in
35 days
(closed on 02/25/09)
Create Your Own Highly Defensive ETF The table at my website link below contains 35 companies included in the ETF Innovators [ETFI] Highly Defensive PerformIdex which are based in the U.S., Canada, and Europe with market caps over $10B that are the leaders by market cap in their defensive industry groups. The index includes 23 consumer staples and healthcare companies, with the remaining 12 companies chosen from a variety of other defensive industry groups. <> (A) Mass Merchant Dis...
|
From the Blogosphere
Goldcorp Expands in Mexico – Analyst Blog
|
|
|
The world’s second largest gold producer by market value, Goldcorp Inc (GG) is acquiring gold miner Canplats Resources Corp for about C$238 million ($229 million) to establish a network of satellite mines around its Penasquito gold project in Mexico. Each Canplats share would be exchanged for 0.074 of a common share of Goldcorp and an interest in a new exploration company.
The offer values Canplats at about C$3.60 ($3.46) per share based upon the closing price of Goldcorp shares on Nov. 13. The offer represents a premium of about 41% over the C$2.55 million ($2.45 million) closing price of...
|
Barrick Gold shuts hedge book over world gold supply
Filed under: Barrick Gold (ABX), Commodities  Late in the evening of November 11, The Daily Telegraph reported that Barrick Gold (ABX) has shut its hedge book because the world gold supply is running out. Barrick Gold's president, Aaron Regent, told the periodical that global output has been shrinking at a pace for nearly 1 million ounces a year since the start of the decade.
<>At RBC's annual gold conference in London, Regent noted that "There is a strong case to be made that we are already at 'peak gold.'" Regent believes that production peaked around 2000 and has dropped ever since, he adds t...
|
Zacks Analyst Blog Highlights: Freeport-McMoRan, Barrick Gold Corp., Deutsche Telekom, AT&T and Verizon – Press Releases
|
|
|
For Immediate Release Chicago, IL – November 10, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Freeport-McMoRan (FCX), Barrick Gold Corp. (ABX), Deutsche Telekom (DT), AT&T (T) and Verizon (VZ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Monday’s Analyst Blog: No Inflation Problem ...
|
No Inflation Problem – Analyst Blog
|
|
|
Analytically, there are three components to an interest rate. The first is the risk that the money will not be paid back. This is a very big factor when dealing with corporate bonds, especially junk bonds. For the U.S. government's obligations, as the owner of a nice shiny printing press that can always be turned on to pay back any obligation denominated in dollars, that part is assumed to be zero.
The second part is expected inflation. After all, if you decide that you want to consume something later, rather than today, and thus decide to save and invest your money, you want to be sure the ...
|
Goldcorp’s Profit Doubled – Analyst Blog
|
|
|
Leading gold producer, Goldcorp’s (GG) adjusted net profit in the third quarter of 2009 more than doubled to 19 cents from last year’s 9 cents on higher gold prices and lower cash costs per ounce of gold. Reported earnings were also higher than the Zacks Consensus estimate of 15 cents.
However, on a GAAP basis, net earnings dropped 62% to 16 cents from 42 cents in the previous year due to a foreign exchange loss of $28.1 million. Revenues were up 25% to $691.9 million from $552.2 million in the previous year driven by a 12% rise in average realized prices to $968 per ounce from $865 p...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
More Resources
|
About Barrick Gold Corp.
- Answers.com
