Earlier this month, we highlighted opportunity in Barrick Gold (B), as it traded at $27.
Today, it’s up to $29.16 and could rally even higher.
All as the price of gold continues to push aggressively higher. Last trading at $3,650, we still believe it could test $4,000 before the end of the year – especially with geopolitical and economic uncertainties, growing central bank demand, and likely interest rate cuts.


Plus, as noted by Newsweek.com, “Poland has triggered NATO’s Article 4 after Prime Minister Donald Tusk reported that 19 Russian drones breached Polish airspace during an overnight strike on western Ukraine. The incursion, which prompted airspace closures and military response, marks a potential escalation in regional tensions and has drawn calls for allied consultations.” That only adds to further geopolitical uncertainty.
Plus, analysts at Fidelity say the safe-haven metal could soar to $4,000 by the end of next year. Goldman Sachs and Bank of America are also calling for $4,000 gold by 2026.
Sincerely,
Ian Cooper
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