per reader’s request:

abx

Barrick Gold is performing considerably better than the TSX, but is under-performing GLD (gold etf). If my analysis of gold is correct it should bounce of support and move higher from these levels. You’ll be safe in ABX as a rising tide should life all boats, but in my view there are stronger gold stocks out there like AZK EGO GOLD HMY IAG RGLD. I started a position in RGLD today, but was to distracted by the overall market to do to much with gold today.