For a guy like him who had been very negative on gold for a long time suddenly decide to eat his words and bought into Barrick Gold will certainly throw a different light into the PM sector. This purchase alone will cause some investors to sit up and spur them to have a second thought on investing in gold miners.
One can only expect a new flow of money coming into the gold miners and considering that gold sector in the US stock market constitute only a small proportion of it, this new flow of money will certainly drive the gold sector to a new height easily!
Brace ourselves for a good and exciting ride!
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