Barrick Gold Corp.  (ABX)     Rate ABX  -  Discuss ABX  -  Add to Watch List        

Filed under: Barrick Gold (ABX), Canada, Goldcorp Inc (GG), Commodities, Oil, Agriculture, Stocks to Buy, Potash Corp. of Saskatchewan (POT)

By Mike Caggeso

Spot price of gold eclipsed $935 in trading Monday, its first time above the mark since May 22, as another fresh round of record oil prices exacerbated existing market-wide turmoil.

Filed under: Barrick Gold (ABX), Stocks to Buy

In a market dancing in bear market territory and with elevated inflation, it certainly doesn't hurt to own a defensive stock or two. And one that fits the bill, with an inflation hedge as a bonus, is Barrick Gold (NYSE: ABX).

Barrick Gold is the world's number one gold producer, with a 2007 production capacity of 8.1 million ounces, and 124.6 million ounces in proved/probable reserves. Analysts see a 20-30% revenue gain in 2008 for ABX, following a solid performance in 2007, due to a higher average gold price and increased production.

What's be

The largest gripe<!----> that I’ve had with Wall Street Analysts is that they lack accountability. They flip-flop around their investment thesis and fundamental analysis of a situation. In my regard, the individual investor has many reasons to completely tune out all the noise that they hear and draw their own conclusions from macro-economic events and their own due diligence of a companies released earnings.

Over the past 400+ articles, I’ve mostly posted my buys and sells,with exact prices. This is to establish accountability and to form atrack record. I’ve always said, regardless of how

Filed under: International markets, Newsletters, Barrick Gold (ABX), Yamana Gold (AUY), Canada, Commodities, Stocks to Buy

With gold trading down sharply from its highs, Keith-Fitzerald offers a special report on gold stocks in Money Morning, highlighting three companies that he consider to be the "very best of the best."

"Gold remains a key profit opportunity -- especially if inflation, or even stagflation, is taking hold. It should also help that economic uncertainty is escalating. However, since the economic outlook has grown more uncertain, we've decided to our recommended list down to ju

Our over-saturated information world has immunized us to the most pressing problems we face as a species. The price of oil, for instance, is no longer interesting, even though it sets records weekly, simply because it has been doing so for the better part of a year, and so that news becomes uninteresting through sheer ubiquity.

The economic repercussions of this cost of oil, which, as feedstock for gasoline, heating oil, jet fuel, diesel, and many plastics, takes a long time to reach into your pocket and squeeze hard though. Would you believe me if I told you that the price you are now pay

By Mike Caggeso

The gold bugs must be scratching their heads. After all, it’s just not supposed to work this way.<!--more-->

• America relies on foreign investors, who own more than half the U.S. government debt outstanding, to finance a deficit that Goldman Sachs (GS) predicts will expand to a record $500 billion for the year ending Sept. 30, after a $163 billion gap last year. Without their support, long-term interest rates would be 0.9 percentage point higher, a 2006 Federal Reserve study found.
• Money managers in China, the second-biggest overseas holder of Treasuries, with $486.

• Some think the Fed is partly to blame for the spike in commodity prices since rate cuts have helped to weaken the dollar. Despite this, investors are betting the Fed will cut rates when it meets again next Tuesday and Wednesday. But one economis