Includes a video with Max Keiser/Rob Kirby:

A lot of speculation surrounds the recent announcement by Barrick Gold to raise $3.5 billion in equity to finance buy-backs of its gold hedges. While some lesser banks have taken this development as an immediate opportunity to upgrade the stock (not all that difficult into a rising market, even if common gets diluted by 94.8 million new shares), others have speculated that this is nowhere near enough to remove the full overhang of the existing hedges. A more relevant question is, why now, and what does this portend for the gold (and not just) market.

Read on...

http://www.zerohedge.com/article/barrick-gold-conundrum