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/biz/ - Business & Finance

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1342127 No.1342127 [Reply] [Original]

What does everyone think about the potential for gold in the near future? What about gold production companies, most notably ABX (Barrick)

http://www.barrons.com/quote/stock/us/xnys/abx

I was looking at putting 10 or maybe 20 thousand dollars into ABX and kind of just watching the market, maybe getting about around 20% growth, I dunno if I have the stomach to hold out much beyond that even though I'd be surprised if it didn't go up more than that.

>> No.1342151

>>1342127
>maybe getting about around 20% growth
you're fucking retarded

>> No.1342210

>>1342127
just put money into aux, the production will stay the same

>> No.1342267

>i didn't want to buy abx when it was $7 earlier this year but now it's $21 I must own it

>> No.1342284

>>1342151
Is it that difficult to believe you will see a $25 trading value in a year with the volatility of currencies atm?

>> No.1342308

>>1342284
20% of 10k is 2000$, moron.

>> No.1342310
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1342310

>>1342308

>> No.1342563

anyone got any physical?

bought 4.2ozt at ~£720 in 2014.
with it being roughly 40% up i figure it's a good time to get out of gold and into some blue chip while people are still running.

thoughts? are you holding (possible referendums across euro - scotland)? selling (panic beginning to settle)?