Barrick Profit Margins Soar in Q3 2020

gold mining

Barrick, it seems, is becoming more profitable by the day. With gold above $1,900 for much of the past quarter, Barrick is benefiting from higher metal prices. Barrick’s Q3 US$3.54 billion in revenue, up from US$2.68 billion, surprised even the most bullish on the street. The gold market remains one of the best performing sectors […]

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Buffett Sells Bank Stocks In 2020

Warren Buffett sells bank stocks and buys gold miner

Many who follow Warren Buffett are sounding the alarms that he is prepping for a market decline. The Cooper Academy notes, “If we look at the past eleven years, he’s been doing one thing – buying stocks.” And that, “2020, he’s actually been doing completely the opposite. Most of his stock moves have been sales.” […]

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