Barrick Gold Corp (USA) (NYSE:ABX)

As hard currency of the American dollar plummets, gold rises.

Gold on the rise.

With the ever spiraling dollar, the value of gold keeps climbing. With the FED likely to lower interest rates again, further devaluing the dollar and his plan to auction 200 billion in treasury securities to flood the markets with more capital, it looks like the decline of the dollar will continue with no immediate end in sight. Investors are seeking a more stable place to park their assets and gold wins the "safest bet" award for now. Gold has typically been a safe bet in down markets and yet at the price it is trading now, which is at a HUGE increase over it's recent levels over the last few years, it is still 1/2 of what it was valued at, at it highest point adjusted for inflation. Adjusted for inflation gold was valued at almost $2,200 dollars an ounce. It topped the $1,000 mark today and it has everyone jumping on board, I think this ship hasn't reached capacity yet and the cruise still has a long way to sail before it reaches the high point of its desination.

Gold will continue to climb due to the simple fact that it is a commodity which has some sort of correlation with almost every market sector.

Weakening dollar play will keep all gold producers running wild.

USA facing recesion, Dollar weakening, gold increasing in price. One of the biggest and most profitable mining company

VOLUME AND 3 MONTH AVER

The price of gold continues to climb as the value of the dollar continues to deteriorate. Gold is a perfect hedge against the current inflation that is upon us. If you don't want to own gold bullion and put it under your pillow (makes for restless nights in more ways than one) then why not own a piece of the action with a successful mining company. Barrick Gold Corp appears to be a strong performer that has continued to grow in this bearish market. Plus - this pick has been endorsed by other Wall Street gurus like Jim Cramer. What else can you say about it - this one is a goldmine!

Gold is always a good solid invesment.

Barrick Gold is a nice growth gold miner that is trading at a 17% discount to its intrinsic value based on reported earnings.

Barrick GOLD---

Gold play. MM and others say gold will go to 1600 an ounce.

gold play

love gold

The Canadian company shows great prospect for higher production in the near future. Currentky the rate of production is down which makes this a more rare commodity. If history prevails and the dollar goes down as anticipated, gold will contiune to increase in price and thus the revenues of ABX will.

i like gold

Gold is always very SOLID (no pun intended, I think)

Sooner or later people will realize that the USD is worthless and hyperinflation is imminent. Precious metals, of course, is a safe haven, and this miner is the prime player.

Gold is a safe bet now with the volatility in the market.