Barrick Gold Corp (GOLD)

by | Jul 9, 2020 | Daily Trade Alert

Coronavirus-related stocks are hot.

On June 18, for example, we highlighted Alpha Pro Tech (APT) as an opportunity at $14.09. This morning, it’s set to open at $18.38.

On June 19, we highlighted Teladoc Health (TDOC) at $191.89. It’s set to open at $227 today. Then, on June 22, we highlighted Vir Biotechnology (VIR) as it traded at $38.89. This morning, it’s set to open at $47. And until the virus dies, stocks like these should move even higher.

At the same time, coronavirus fears are sending investors to the safe havens of gold.

It’s why gold now trades at $1,808.

From here, gold could move to $2,000, even $3,000 (as noted by Bank of America). That being the case, one great way to trade gold upside is with Barrick Gold Corp. (GOLD).

Coupled with falling interest rates around the world, a weaker dollar, and central banks flooding markets with liquidity, gold prices could make a return back to $1,900 – and fast. Analysts are just as bullish with Bank of America forecasting $3,000 as fiat currencies come under pressure. Goldman Sachs says we’ll see $2,000 an ounce in the next 12 months on low real interest rates and currency debasement concerns.

Tech Stocks to Drop 92%?? (stunning prediction)

The firm that called the EXACT PEAK of the Dot-Com boom has just issued another major prediction.

If you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead…

Watch the Video

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