⛏ Barrick boosts dividend 25%

Why the Gold Surge Signals a Crisis of Confidence in the US Dollar
“Just because something is inevitable doesn’t mean that it’s necessarily imminent. But at this point, the government has really gone on tilt. It’s completely out of control. I believe we’re now at the edge of the precipice.” Read on »

Barrick reports record Q3 earnings and cash flow, boosts dividend 25%
Today Barrick announced record adjusted net earnings of $982 million, or $0.58 per share, compared to adjusted net earnings of $529 million, or $0.30 per share, reported last year. The company’s earnings rose in line with analyst expectations. At the same time, the senior gold producer also reported record operating and free cash flow of $2.4 billion and $1.5 billion—up 82% and 274%, respectively, compared to the third quarter of 2024. Read on »

China expands global gold influence as Cambodia plans to store reserves in SGE vaults
According to a report from Bloomberg, Cambodia’s central bank is expected to be among the first countries to store part of its gold reserves in SGE vaults located in Shenzhen’s bonded zone. The report also noted that other unnamed central banks have expressed interest in storing their gold with China. Read on »