Barrick Gold - What does it mean?

[mk7mk77]

They have no risk since the gold is just sitting thier. Straight from NYC, They just have to take the mine and gull the gold from the armored cars.

[DigBreamer]

LOL...I done it all except the hokey - Pokey. I may do that 1 after a few beers ;)

[slamdunktiger]

yoyo john!

hey, thanks for putting this together. makes far more sense for me now, i'm sure i wasn't the only confused one out there.

congrats on 2k subscriptions and again, big props to you bro. keep hustling man, your fan, -warren

[Raycheetah]

For a very interesting take on Barrick's recent moves, Google: "Barrick Gold Ripe for Bear Raid"

The possible motives and potential consequences are examined. A worthwhile read. =^[.]^=

[suzettespencer]

Excellent explanation. You know, I am moderately into gold & silver. But, if metals do well, it means the USD & America will do poorly. I guess it is the ultimate hedge, unless America decides to confiscate out gold like FDR.

[rollsthepaul]

The money is to be made in silver which will hit around $800, according to Web Bots.

[formulaprimer]

over bought levels in gold and silver

liquidated 1000 plus oz of silver today.

Waiting to rebuy around 13.50 or lower level.

[bigpictureseeit]

very nice clear explanation john, great!! another element moves nicely into alignment, stack em up!

[scutter4christ]

Was the yellow walls and the yellow shirt done on purpose to make this a golden colored video? :o)

Thanks for the info. Im not a gold buyer. I watch your videos to try and learn more about metals even though I will probably never own much. But I appreciate what you teach us and the information you share.

[kfjcer]

Gold at 1022.50 as of 10:47 PST.

Silver over 17.60.

I'm sure John needs not update, he's probably watching the ticker as I type this :-)

[GPmannnn]

U can be sure of that...lol

[BackBurnerNews]

Gold just hit $1021.10

[Excidium567]

comment

[cwicss]

Bob was accurate in his take on Barrick,

they are a totally corrupt company which is

completely controlled by a much larger mining company based out of London and this larger company (who I used to work for) is also controlled by the leading

money men in London who also own many of the central banks around the world including the US federal reserve and also JP Morgan. This may not be a shock to some but the bankers own almost all the major (and many junior) mining companies wordwide.

[stellaconcepts]

very possible. i dont know enuf about barrick

[ahmedvienna]

proof... proof... any ? - i own barrick...

[whiskerchild]

Thanx

[Jaagrut]

Thanks John for the explanation.

[kfjcer]

Another very informative video, thanks again John.

I picked up another 20 silver eagles from a private seller today. So far my cost average on silver is below 15 dollars an ounce, so I'm feeling pretty good about it.

Cheers.

[dx11101]

i have puts in etf's at 12.66 and 13.48 but thats just with a little play money. I could decide to sell and use profits to get a few real bars. Silver wont go up crazy like this forever, it has to consolidate eventually.

Wouldnt surprise me to see silver fall almost 1.00 in one trading session after rising so fast.

Must say I am extremely surprised with silvers performance.

[redline1189]

just as it could climb 1.00 per day also?

[xtecrjg]

Good Info. - Thanks

[artdeco101010]

Thanks Jon - great vid - I'm curious if you ever trade between silver and gold to work the ratio. Not sure if its worth it for below $x amount.

[jbassi888]

jbassi

cogent, percise and an absolutely

accurate harbinger on golds future

price direction.

[kimdaviscali]

Are you using a camera with a motor (handicam etc) cus there a whistling/whining sound on your videos).

[stellaconcepts]

dont bet on it ;)

[Cneumann22]

Thanks for the information.

[JOConnor100]

You are right all of us that bought silver earlier in the year made a smart investment decision. Thank you for the Barrick Gold info.

[jackassjoiner]

john still loving the vids

gold has now hit 1021.80

that oz of silver is mine i can feel it!

[visionvictory]

good job John :)

[odin422]

17.35 now

[odin422]

killer breakdown vid. 5 stars

[odin422]

Bob Chapman's got the inside scoop on this.

[watcher0777]

john still learning here, went and read the barrick art on hedging and it tis a little clearer. thanks again

[watcher0777]

the hedging is a form of insurance, to preserve their business. to go without hedging does not seem to be normal. so what is going on? it seems wise to know not just speculate as to why? mystery until this plays out in time

[stellaconcepts]

unless they know where gold is headed - then it makes sense :)

[watcher0777]

this seems to be a deviation in barrick's business sop. so that seems strange and a little scary, has this ever, ever happened before? thank you for your explanation

[chena3]

barrick

covered 3 bil shorts

still have 6 bil open ...

this is not over yet ..

just getting started..

[alycephoto]

what do you think of Harry Dent's opinion that gold & silver are only good investments during Deflation but are never good during Inflation? Dent is a smart guy & analyzes demographics/past events like no other...

[psbyowner]

good point on forced to raise prices on hedge for shorts due to inflation.

[darryllddflying]

Ted Butler did a good article on this too!

[rydaug79]

! asked you to do the silver technical analisys but you didnt do it because i asked you to, you did it because VV asked you to.

[0urGaia]

appreciate the lesson, thanks

[dadcamp]

Thanks

[Annihilate3275]

great vid!

[mark7996]

On a video a few days ago you'd mentioned resistance AT $17 if I remember correctly...we are currently sitting $7.32 and poised to go higher.

[stellaconcepts]

yea i did when it was 16.30 i think - it went up to 17 and came back down and tested 16.30... there was resitance... but its cracked through it nicely!

[mark7996]

hmm.

[andrewebisu]

Thanks John. Awesome stuff.  Go silver!

[jembocc1347]

Thanks Good Stuff

[fal2grace]

Great explanation John. I never knew what hedging was. Thanks!

[Raycheetah]

Great explanation, John!

Looks like Barrick is putting their money where their mouth is. All in!

Gold at $US 1,026+, silver at $US 17.29! Woot! =^[.]^=

[A55A551N8ER]

Thanks for the info John. Times are getting better for Silver bugs....

[medulalumosa9]

Mmmm...that's some very interesting stuff! I got a bit lost in parts but overall I got the gist of the message. Thank you!

Exciting times indeed! :)

[BackBurnerNews]

Man stuff is exciting!

[GuildF40]

Thanks John

Nice to have something good to listen to with my coffee.

The yellow on yellow is a bit harsh though lol.

Still itchy over that monster box :o)

5*****

[ddupuis000]

The yellow on yellow is because of the video theme, gold !! :o)

[charlesfuchs]

Just buy Silver Weaton, (SLW), no risk in mining!!

[ahmedvienna]

i actually wanted to buy them .. but im waiting for the next salary :) .. i also wanted to buy endeavor silver .. I really like that company .. any other recommendations ?

[ahmedvienna]

first one to post .. what an honor.. i own some of barrick gold stocks..