negative earnings per share number of -2.561 Archives

daniel May 24, 2016May 26, 2016 $315 million drop in revenue, Barrick Gold Corp (NYSE: ABX), Barrick Gold is in terrible shape, Barrick is still making money, Barrick’s Revenue is in Free Fall, Cash is Better than Gold, George Soros, negative earnings per share number of -2.561, negative profit margin of -4.30%, Soros Fund Management, Soros Gold Short, the Yuan will crash

Barrick Gold Proves it’s Not a Good Idea to Listen to Billionaires

Gold prices are higher because of volatility; particularly in China, but that volatility might not last. One problem that gold investors forget about is that if the economy in the People’s Republic does crash; large numbers of Chinese investors will start dumping their gold for quick cash, and drive down the prices.