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Jim Iurio Recommends ABX

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Jim Iurio Recommends ABX

Jim Iurio said on CNBC's Fast Money Halftime that he wouldn't make a bullish bet on gold with SPDR Gold Trust (ETF) (NYSE: GLD). He thinks that the best way to get an exposure to gold is with a long position in Barrick Gold Corporation (USA) (NYSE: ABX).

Barrick Gold Corporation (ABX) is a gold mining company and it trades 1.4% down today. SPDR Gold Trust (ETF)
(NYSE: GLD) is trading 1% up.

 

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Posted-In: CNBC Jim Iurio Fast MoneyLong Ideas Media Trading Ideas