Tag Archives: Barrick Gold

How to Apportion a Larger Portfolio

Posted on December 6, 2010 by Prestonp

My brother called a couple of days ago. His wife has $100,000 to invest and he wanted to know where I thought I should put it. I’ve made recommendations in the past and they’ve always made money; which I feel … Continue reading →

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Gold Breaks the $1300 Mark

Posted on September 28, 2010 by Prestonp

Well the COMEX price of gold per ounce has been flirting with $1300 for almost the whole month now. Today it finally crossed over. The greatly boosted the price of my Barrick Gold stock (ticker symbol ABX). Gold stocks have … Continue reading →

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Taking Stock of the Stock Market

Posted on January 29, 2010 by Prestonp

With the major indexes down so this year, it seems a good time to talk about the stock market. I’ve mentioned previously, that I do expect there to be a major stock market decline this year. My predictions doing pretty … Continue reading →

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Reviewing my Predictions from Last Year

Posted on January 8, 2010 by Prestonp

So here it is, another year. “Another year over, and a new one just begun,” as John Lennon said before Yoko added her cacophonic voice. I just it’s time to look over last year and see look at some of … Continue reading →

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Hats off to Barrick

Posted on August 3, 2009 by Prestonp

I don’t believe in the health of the stock market at large. It has further to fall in my opinion. Nationally it seems we are being feed the idea that the worst is behind us in terms of this financial … Continue reading →

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Checking My Scorecard

Posted on May 18, 2009 by Prestonp

Every now and then, I make predictions in this blog. Today seemed as good a day as any to take a look at my prior predictions and see how they faired. As a life long Cassandra, I can’t really say … Continue reading →

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Barrick v. Bullion

Posted on May 14, 2009 by Prestonp

I sold off all of my Barrick shares today. I got a price of $35.50, which is far above the $20 and change that I bought them for. They have served me well. Given how passionate I am about gold … Continue reading →

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Gold Mining or Gold Bullion for 2009?

Posted on March 9, 2009 by Prestonp

Given the massive amount of money being pumped into the global economic system, higher prices down the road are a given. It’s possible that prices may fall in the short term, but no currency can withstand a determined onslaught by … Continue reading →

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Barrick Gold Down Heavily After Bernanke Comments

Posted on February 25, 2009 by Prestonp

Helicopter Ben testified before both houses of Congress today and that the recession might end this year. It appears that these comments sent the stock market up over three percent. Citigroup, which has been circling the drain over fears that … Continue reading →

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Why Diversification is a One-Way Ticket to Poverty

Posted on February 4, 2009 by Prestonp

I got another client for my investment advisory services today; an old friend of mine meet me for breakfast. We always had good conversations, and this was no exception. I thought my readers here would benefit from a condensed version … Continue reading →

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