⛏ American Barrick files for proposed IPO

American Barrick files for proposed IPO
Barrick Mining (NYSE:B) announced Tuesday that its planned new publicly listed company, which will hold Barrick’s North American gold assets, will be named American Barrick Gold Corporation. The world’s third-biggest gold miner said it is moving forward with the proposed IPO and has filed a registration statement on Form S-11 with the SEC. American Barrick intends to apply to list its common stock on the NYSE under the ticker symbol ‘ABGC’. Read on »

Gold prices find solid support at $4,000
Gold prices have managed to hold critical support above $4,000 an ounce even as persistent inflation is pressuring some Federal Reserve officials to take aggressive steps next month. Despite the difficult environment, Suki Cooper, Global Head of Commodities Research at Standard Chartered, reiterated her forecast for gold prices to average $4,650 an ounce in the fourth quarter, before rising to $4,850 in the first quarter of 2027. Read on »

Old People Are Falling For Gold Scams Like Crazy
Across the country, older Americans are draining their savings into gold bars and handing them to strangers. It usually starts with a pop-up, an email or a phone call warning that a bank account has been hacked or an identity stolen. A "fraud investigator" or "federal agent" then offers the fix: liquidate everything, buy gold to keep it safe, and give it to a courier who shows up with a password. Read on »