Barrick Mining

Stock

ISIN: CA06849F1080

Ticker: ABX

CA06849F1080

ABX

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Debate sobre ABX

Puestos

Philip

@Philipwdr

1Semana·

Why I will never buy gold, why you shouldn't either and why the "safe haven" is an illusion. ⚓️🔥

Hey dear Getquiners, honest question: Do you think gold is crisis-proof?

In this post, I explain why I think gold is one of the worst assets of all and why the "scarcity" on the market is often a lie - because all that glitters is not gold 😉

1. the asset in a deep sleep 😴

Anyone who bought gold at the high in 1980 had to 26 years to get back to zero in nominal terms. Adjusted for inflation, this was a financial disaster. Is an asset really "stable in value" if it takes half a working lifetime to make up for mere losses? After the 2011 high, it also took approx. 9 years (until 2020) until the price broke out sustainably.

2. the gold that wasn't actually there. 👻

Gold is sold as a "limited resource". It has to be painstakingly mined, is physically limited and cannot be conjured up. But what if it is possible on paper?

The Morgan Stanley scandal: In 2007, it came to light that Morgan Stanley had not physically bought or stored gold for many clients at all. The bank only held "paper positions", but still collected the fees for the (non-existent) vault storage. The clients were not holding hard assets, just hot air.

The Bre-X scandal (1997): The company Bre-X Minerals claimed to have discovered the largest gold deposit in the world. Geologists "salted" the drill samples with gold dust (even from their own jewelry!) to keep up appearances. The shares shot up to a value of over 6 billion dollars before everything collapsed.

This begs the question: is the price of gold really linked to physical scarcity, or is it often just a hype chart created by expert opinions and blind bank confidence?

3. the volatility lie: 10% crash in 28 minutes? ⏱️📉

It is often said that gold is so great because it is less volatile. But is that true? Let's jump to January 30, 2026: On this day, gold lost almost 28 minutes almost 7 % of its value in just 28 minutes. Over the entire day, it was around 14 %. Don't even get me started on silver (30% fluctuation... cough).

Another example is the April 12, 2013At that time, sell orders for over 400 tons of gold were placed on the Comex in New York within a very short space of time (approx. 15% of annual global production). Gold plunged in two days by 15,5 % in two days. The absurdity: Not a gram of physical gold was moved. They were pure "paper promises". Someone pressed the sell button without ever having owned the metal.

My conclusion: For me, gold is neither stable nor crisis-proof. It is highly volatile and - most importantly - not protected by financial constructs. not infinitely limited. It can be "printed" on paper as much as you like. That's why it no longer has any real value for me.

What do you think? Would you still buy or hold gold after these facts? Let me know your opinion in the comments and leave a follow for more posts like this. Next, I'll write a post on the biggest gold scandals and show you what I think are the better alternatives! 🚀

Feel free to leave feedback, criticism is also welcome, because that's the only way to learn! 😉

$IGLN (+1,37 %)
$4GLD (+1,38 %)
$DE000EWG0LD1 (+1,06 %)
$NEM (+2,92 %)
$GOLD (+0 %)
$ABX (+1,75 %)
$FNV (+0,55 %)
$AEM (+2,8 %)
$BTC (+0,04 %)
#gold

43 Comentarios

HoldTheMike@HoldTheMike

1Semana

I've been holding gold for 17 years and I'm still convinced. You could just as easily have written an article entitled "Why I will always buy gold, why you should too and why the "safe haven" is not an illusion.". Some swear by it, others consider it "one of the worst assets."
I belong to the former.

•

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M_Dx

@M_Dx

4Semana·

Me being me, but trying to get smarter ;-) (Portfolio Update)

Dear getquin Community,

since my last post, I thought it’s time for a quick (and honest) update — including a few lessons learned and probably a few mistakes repeated 😉

What I’ve been up to:

1. Doubling down on conviction (yes, still doing it)

I continued to lean into my “conviction” plays and added to positions during drawdowns, including:

Mining:
$RIO (+1,07 %) / $BHP (+2,53 %) / $VALE3 (+2,95 %) / $ABX (+1,75 %)
Health-Care:
$PFE (+1,24 %) / $BMY (+3,5 %) / $NOVO B (+4,52 %)
Others:
$INTC (-0,27 %) / $ADM (-0,13 %) / $PETR3 (-0,27 %)

All of them went through pretty painful drawdowns along the way (nothing new here…).

Interestingly, most of them are now back in solid positive territory — with the notable exception of Novo Nordisk. 👉 Not sure yet if this validates my approach… or just means I got lucky this time.

2. Playing cycles (trying at least)

I’ve also started to lean more into sector rotation / cycle investing:

Utilities ($RWE (+2,52 %) / $ENGI (-0,83 %) / $ENEL (+1,87 %)) in 2025 — when everything seemed to be about AI and they felt ignored
Chemicals ($LYB (+0,6 %) / $DOW (+1,6 %) / $BNR) (+4,42 %) in early 2026 — when the market mood felt close to “pricing for insolvency”

So far, this feels more like investing and less like reacting — but let’s see how it plays out over a full cycle. Thinking about consumer discretionary 🧐right now (e.g. $GIS (+1,52 %) / $NESN) 👉 What are your thoughts on this?

3. Dividend psychology (my personal “hack”)

I’ve realized I genuinely enjoy dividend-paying stocks.

Not because the amounts are huge (they’re not 😄), but because:

those small push notifications on the phone
create a feeling of “progress”
and somehow keep me invested when prices go down

It’s probably a bit of a mental trick:

“At least the dividend is coming in…”

Not fully rational — but surprisingly effective for me.

🤔 Where I’m struggling

1. Bonds (especially USD)

I increased my bond exposure — particularly USD-denominated bonds.

So far:

price performance → mostly negative
total return → slightly cushioned by coupons

Feels like a patience game right now… but definitely not (yet) a success story.

2. Too many positions (yes… still)

I’ll keep this short because I already know the answer:

👉 I own too many positions.

Reasons:

too many podcasts
too many “interesting ideas”
too little discipline

At this point I’m seriously considering:

stopping input… and letting a few savings plans just run in the background

🧠 A bit of self-reflection

One thing I’m increasingly aware of:

I like being contrarian
I like buying into weakness
I really like doubling down

But I’m also starting to realize:

There’s a thin line between conviction… and just being stubborn. Or more bluntly:

Am I exploiting inefficiencies — or just becoming a well-diversified bagholder?

Still working on that one.

🙌 Final thoughts

As always:

happy to get feedback
roast me wherever you see fit
especially on position sizing, bonds, and my “doubling down” habits

Stay invested, stay healthy, and enjoy the Easter holidays 🐣

Best regards,

Markus

4 Comentarios

4Semana

Thanks for sharing.
I fully hear you, on the self-reflection part.
What needs to support your conviction is real data.
Personally, I like to play the highest level, long term macro trends, driven by geography and demographics.
No matter what your conviction is: ask yourself what real data would invalidate your thesis.

•

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Smudo

@Smudeo

3Lun·

Possible profiteers ?!

If there is a military escalation or a direct attack by the US in Iran (or in the Middle East in general), three sectors tend to react most strongly: armaments (defense), energy (oil/gas) and safe havens (gold/precious metals).

1. defense industry (defense & aerospace)

This sector benefits directly from the expectation of government orders for ammunition, missile systems, drones and logistics. The focus here is on US companies, but European stocks also often move up.

ETF option (broad diversification):

iShares US Aerospace & Defense ETF (focus on US defense):

VanEck Defense UCITS ETF.

VanEck Defense ETF: WKN: A3D9M1 / ISIN: IE000YYE6WK5

2. energy sector (oil & gas)

Iraq is a major oil producer. A conflict in this region immediately fuels fears of supply shortages or blockades (e.g. Strait of Hormuz). The oil price (Brent/WTI) usually rises sharply, which increases the margins of the major oil companies (Big Oil).

Certificates on the oil price:

If you want to bet directly on the commodity price (Brent Crude Oil), you often use ETCs (Exchange Traded Commodities).

WisdomTree Brent Crude Oil: WKN: A1N49P/M/N / ISIN: JE00B78CGV99

3. safe havens (gold & dollar)

In times of military uncertainty, capital flees from risky investments (such as tech stocks) into so-called "safe havens".

Gold: Considered the number 1 crisis currency.

US dollar: Often appreciates as it is considered the most stable currency, which in turn burdens export-oriented US companies, but can benefit dollar holders.

$4GLD (+1,38 %)

$ABX (+1,75 %)

Important risk warnings

"Sell the news": Markets often price in conflicts before the first shot is fired. As soon as the attack actually takes place, it can paradoxically happen that prices (e.g. oil, gold, silver)

prices (e.g. oil, gold, silver) fall because the uncertainty has disappeared ("sell on good news, buy on bad news" - or vice versa).

Overall market reaction: While armaments and oil rise, broad indices such as the DAX or the S&P 500 often fall initially, as transportation costs rise (bad for airlines such as Lufthansa) and consumer sentiment falls.

Political intervention: If the oil price is too high, the USA often intervenes in strategic oil reserves, which can quickly reduce the price pressure on energy stocks.

3 Comentarios

Tütenraudi@Tuetenraudi

3Lun

Iran

•

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Smudo

@Smudeo

3Lun·

Investors Stock Exchange Day Munich in March

https://www.b2ms-tickets.de/event/a09613d8-502b-417e-bc69-2c44e2012432

👆🏻👆🏻👆🏻🖕🏻

Get a free ticket (or 3), last year it was sold out.

Motorworld aside you can see what would be in the garage if not invested or if investments pay off and you live .

What happened to the recommended stocks 9 months ago?

While

$MC (+0,54 %) and

ran sideways,

Has one with:

$TTD (-2,56 %) Losses and at:

Very strong performance, sometimes over 50% in 9 months!

Who is coming along, or is also going to the Munich Investors' Day?

Smudo

@Smudeo

1Año·

Stock Exchange Investor Day Munich

What did I take with me?

It is not a crisis because >\=20% down but a good entry into tranches.

Which stocks were discussed?

$P911 (+1,65 %) Unfortunately I've been in Porsche since 2023, when luxury comes back, the Chinese will buy Porsche and not locally

$ABX and $NEM (+2,92 %) Barrick and Newmont buy the shovels not the gold. Gold is for value preservation, not for speculation. I was invested in mines decades ago.

$MC (+0,54 %) LVMH surprised me, I thought the air was out, will have a look.

$META (-2,13 %) I finally understood how Facebook makes money. There's still a lot to come. First purchase?

$GOOGL (+3,67 %) Yes, I've been adding to my portfolio since 25.

$H1PE34 Hewlett Packard Enterprise, I only knew it as a hardware manufacturer, here is the shovel for AI Ai chips.

$9988 (+0 %) and $9888 (+4,07 %) Chinese Baidu and Alibaba. I also had it 10 years ago, after the high it went down bloody. But will probably be seen again as a turnaround and cash flow for 2025.

$TTD (-2,56 %) I was not aware of Trade Desk until today.

$22U Biontech became known as a corona profiteer, but is looking for the cancer vaccine.

These 10 stocks were discussed as stronger buys on the spot.

Which stocks are of interest to you, or where are you buying now?

1 Comentario

Eddi@financial_ninja_104

3Lun

It's quite possible that I'll go too 🙂

•

HoldTheMike

@HoldTheMike

3Lun·

🇨🇴 After Venezuela, Colombia? 🤔 Trump threats in check: which stocks would benefit? 🦅💥💰

Good morning dear community,

After Venezuela, our neighbor is now in our sights. Trump is not sparing with threats towards Bogota (key words: tariffs, payment freeze, anti-drug operations).

Purely hypothetically: if the USA pursues a similar strategy in Colombia as in Venezuela, billions of dollars will be shifted. But who would be at the top of the list of winners in a "new order"?

_________________________

1. US oil multinationals as "substitute producers" 🛢️

Should the Colombian state-owned $ECOPETROL should come under pressure or be paralyzed by sanctions, the US giants would be ready to fill the gap or take over concessions.

- Chevron $CVX (+0,32 %)
& ExxonMobil $XOM (-0,65 %)
: Both already have experience in the region. In the event of regime pressure or a US-style market opening, they would be the first to secure the Colombian oil fields (one of the largest deposits in South America). The situation is similar in Venezuela.

- Occidental Petroleum $OXY (-0,88 %)
: Traditionally strongly networked in Colombia - they could benefit massively from a more "US-friendly" orientation.

_________________________

2. armament & surveillance: the "law & order" bet 🛡️🚁

Trump often justifies his threats with the fight against cartels. That means hardware.

- Lockheed Martin $LMT (+1,15 %)
: The standard supplier for Black Hawk helicopters, which form the backbone of firefighting and drug hunting in Colombia. Maintenance contracts and new deliveries would explode in the event of a US-led intervention.

- AeroVironment $AVAV (+5,92 %)
: Specialist in drone surveillance. In the rough terrain of Colombia, reconnaissance drones would be the most important tool in a US-supported strategy.

_________________________

3. agricultural giants & fertilizers ☕🌾

Colombia is an agricultural powerhouse (coffee, flowers, bananas). If Trump threatens tariffs, local companies will suffer - but global traders could benefit:

- Archer Daniels Midland $ADM (-0,13 %)
: When local supply chains in Colombia wobble, global market prices for certain agricultural products rise. As a global arbitrage player, ADM makes money from the volatility.

_________________________

4. gold miners: security in troubled times 🏆⛏️

Colombia has huge gold deposits, which are often located in conflict regions.

- Newmont & Barrick Gold $NEM (+2,92 %)
$ABX (+1,75 %)
: If the political situation in Colombia becomes unstable, this will drive up the gold price worldwide (fear premium). At the same time, these companies could receive secure mining licenses in areas that are currently considered "no-go areas" if the situation stabilizes later under US influence.

_________________________

5 US regional banks in the south 🏦

- Bank of America & Wells Fargo$BAC (+0,71 %)
$WFC (+0,44 %)
:

Many assets from Colombia immediately flow towards Miami and the US financial market in the event of political instability. This "capital flight" generates fresh deposits and fees for US banks with strong Latin American business.

As mentioned at the beginning: pure hypothesis. But who can look inside the Orange Man's head? 🍊

What do you think? Is he just making threatening gestures or is he really serious? In any case, violating international law doesn't seem to be an obstacle for him.

2 Comentarios

Chris@Multibagger

3Lun

That will not happen. Colombia has a democratically and fairly elected president who won the election four years ago and is not allowed to run in the next election this year. In my opinion, the USA is interfering in the election campaign with threatening gestures and wants a change from left to right because it believes it can do better business with a different policy.

•

HoldTheMike

@HoldTheMike

3Lun·

🇻🇪 Venezuela quake on the oil market - Who are the profiteers of the upheaval? 🛢️🚀💰

Good morning everyone and a green start to the first full trading week of 2026!

The year is barely five days old and there have already been numerous events around the world.

Probably the most eventful event (can you write it like that? 🤔) is the one at the weekend surrounding Maduro's arrest.

While the oil price remains volatile due to the global oversupply, clear winners are emerging today (05.01.2026) from the US intervention.

1. the "top dog": Chevron $CVX (+0,32 %)
🏗️

Chevron is the clear favorite today. As the only US company to remain operational in the country, they have the "first mover" advantage.

If the sanctions are lifted, the billions will flow into repairs first.

_________________________

2. the service giants: SLB $SLB (+1,63 %)
& $HAL (+0,64 %)
🛠️

No matter who is producing: The plants in Venezuela are dilapidated. Schlumberger is currently benefiting massively from speculation on major technology contracts.

Without Western know-how, Venezuela will not be able to significantly increase production.

_________________________

3. the US refineries: Marathon Petroleum $MPC (+2,2 %)
& Valero $VLO (-0,4 %)
⛽

The US Gulf Coast specializes in "heavy" crude oil from Venezuela. A return of this oil improves the margins of Marathon Petroleum and Valero massively, as expensive import alternatives are eliminated.

_________________________

4. US defense: Lockheed Martin $LMT (+1,15 %)
🛡️

Instead of European second-line stocks, the industry leader Lockheed Martin is moving into focus. The US intervention underlines the military presence in the region. very Such geopolitical tensions secure the group's long-term political backup for defense budgets.

_________________________

5. the "safe haven" effect: gold breaks records 🏆✨

Gold is the absolute rock in the surf today. Due to the uncertainty, the spot price fell by over 2 % upwards this morning and has passed the 4,420 USD per ounce!

- Barrick Gold $ABX (+1,75 %)
& Newmont $NEM (+2,92 %)
: Mining stocks rally strongly.

- Background: Venezuela is sitting on gold reserves worth around USD 22 billion - the question of who will have access to them is also driving speculation.

_________________________

What's your situation? Have you already invested in one of the stocks? Or are you planning to?

$GLDA (+0,94 %)
$4GLD (+1,38 %)
$GOLD

6 Comentarios

Smudo@Smudeo

3Lun

Buy limit set yesterday

•

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SGP

@Koenigmidas

4Lun·

Part 2 Review Mega Watchlist

As I have mentioned before and as many of you who have known me for a while know, I have been keeping a watchlist for about five to six years, which consists of two parts.

Part 1 includes stocks with current price targets, Part 2 contains all stocks without price targets. Every time a company publishes positive news, makes insider purchases or receives buy recommendations, it collects one point. At the slightest negative news, all points are deleted and the stock is moved to the second part of the list.

There are currently 1,475 stocks in part 1 and 2,229 titles in part 2.

This year I have selected from the top-ranked stocks five model portfolios created. The best portfolio achieved a return of 29 %the weakest was -1,8 %. You can see how the individual stocks performed in the appendix.

Maintaining this list takes about four hours per weekmostly during the commute or as a passenger. Through the use of AI I have been able to optimize this process significantly in recent years.

The development of individual titles is also interesting: the TopValue $ABX (+1,75 %) was only ranked 19th last year, 45th in 2023 and 23rd in 2022. This year, the company is currently only ranked 78th.

Overall, this list serves as a decision-making aidespecially when I am undecided about a purchase despite good key figures.

Incidentally, last year $ALV (+1,12 %) in 1st place last year and has accordingly gained around 37 % since the beginning of the year.

@DividendenWaschbaer This complicated Excel list

SGP

@Koenigmidas

4Lun·

My personal review of 2025

As the Rewinds are slowly becoming the main content here, I'm also coming around the corner with my review of the year. However, I will split it up into several posts, as otherwise it would be too long.

The most important events in 2025:

- My safety buffer was finally fully built up after four years.

- Start buying back my old portfolio. Sounds sensible and pointless at the same time, because past performance never reflects the future.

- Fulfilling a childhood dream: a Formula 1 weekend 🏎️

- Reaching €1 million gross salary. Have you ever calculated after how many years you will reach your first million?

- A legal dispute ends in my favor on 31.12.2025.

- The annual special repayment could be made as planned.

- Birth of my first child. Wonderful, but also extremely stressful, especially if you work a high percentage of the time.

I set up two custody accounts for her:

- Depot 1 is currently at +18 %

- Depot 2 at +7 %

One part of the savings plan runs weekly via me, the other monthly via the grandparents.

What will change for our household budget after the birth?

The entire child benefit plus a voluntary maintenance allowance (totaling €675) will flow into our household budget. This means that my wife and I can each save an additional €210.

Of course, there were also some less pleasant things:

Several unsuccessful job applications

still no improvement in the nursing professions

and also phases of newly diagnosed autoimmune disease.

In addition, there was a small additional payment.

In my next reviews, we will look at my current strategy, my personal outlook for 2026 including targets, my performance in 2025 and my mega watchlist.

Until then: Ciao Kakao ☕️

HoldTheMike

@HoldTheMike

4Lun·

🏆 Gold just 44 dollars short of its all-time high - will we break the record today? 🚀

🌟 Gold price soaring

The gold market remains in absolute rally mode. After several days of strong gains, the price remains at an extremely high level - and the jump to an all-time high could happen at any time.

_________________________

💸 Fed interest rate cut boosts precious metals

The latest push is mainly due to the Fed's decision:

✔️ Fed rate cut this week
✔️ Prospect of continued loose monetary policy
✔️ Start of a new bond purchase program (USD 40 billion per month)

The whole thing acts as fuel for gold and silver, as neither yields any current interest - making them particularly attractive in periods of low interest rates.

_________________________

🏅 Gold price scratches the record