is up doesn'uble-digits for 2020 hey, let's dig deeper with ma bristow, the president and ceo of barrickold. welcome back to "mad money." >> hello, jim, how are you doing? >> well, you told me that this merger would be gigantic, two plus two is five this one's looking like a two plus two is seven, big dividend boost, unbelievable lower costs, how did you put it together? >> you know, proper due diligence, jim, and when you combine high quality assets with high quality people, you always get high quality results >> now, you have found, i think when people go through your documents that nevada has -- i'm used to you drilling in places that aren't safe, but nevada is an unbelievable gold producer for you guys >> so that's important that was a key component of this combination was to really consolidate nevada and really that's the foundation of value for barrick, then we've got the opportunities and the risks in south america, central america one of the biggest gold mines in the world, and then you look at and then you look at papua new guinea, and africa you know well, jim, you've walked th

richard barrick, a republican senator from north carolina, no background in finance or investing andefore the election to congress in 1994, he spent 17 years selling lawn mowers for a dealer in salem. february 13th, he developed very strong feelings about the future of american equity markets. that day, he dumped up to $1.7 million in stock, 33 separate transition transaction. he bought nothing that day with the flurry of selling, sell, sell, a cash out. in fact it was, roll call two years ago and burr has a total network of $1.7 million. that day in february, he suddenly decided to sell virtually everything he owned. many people on wall street and become now, ready savvy move. so what did richard burr, or my lawn mower, know what the financial experts did not know. it turns out that he's the chairman of the intelligence committee, during 24th close door briefing on the chinese coronavirus. delivered by dr. faucher and heads of the cdc. apparently what burr heard there spooked him. a short time, he acted decisively to save his family from financial harm. if a fortune like, he didn't

richard barrick, a republican senator from north carolina, no background in finance or investing ando congress in 1994, he spent 17 years selling lawn mowers for a dealer in

make money when it is in the skies and of course so many airlines around the world are grounding barrick problem the 2nd you ground one as we know with the 707 next crisis that's catastrophic for airlines financially if you think that all airlines are now in this together with no clear end in sight just yet that's a very worrying picture for this industry israel's right wing bloc led by party of prime minister benjamin netanyahu is leading election results but is still one seat short of a majority with most votes counted the likud party and its allies have secured 60 seats in the parliament who has already claimed victory against his main rival and against the opposition bloc has so far won $53.00 seats it's the 3rd general election in less than a year after months of political deadlock and we'll have more reaction to these results from need to bring him who's in ramallah but 1st let's go to harry forsett for the latest in west jerusalem harry as we said netanyahu is one short of a majority does this mean the political deadlock is broken what happens now. it isn't broken yet he needs 61

i had -- geez, i had the privilege of having barrick on last night, dr. mark bristo. me i pronounced nevada wrong. nevada the gold mine they have in nevada is probably the greatest gold mine in the world and i think that you can buy it and be safe that the estimates are too low. that's a situation you want to be in. >> oil is the other big story. we think we might have a deal to cut a million and a half barrels a day if russia can stop being so stubborn in the saudi's eyes and agree. exxon with an investor day today, jim as you know, on the heels of chevron's. >> yeah. i thought mike worth did a really good job. my issue with oil, again, is there may be more demand 30 years for oil than there are 30 days for the stocks. and i do believe that when gm has a good ev conversation and people think, wait a second, how long is the -- is oil going to last as a substance, the answer is longer than our lifetime but that doesn't necessarily mean you want to buy the stocks you want to buy zoom, then you don't have to go anywhere. >> 40 years, 40 years for oil? >> jimmy carter sai

. >> we've all been getting the emails from tom barrick, he's on commercial mortgages if you go to theems, i think commercial mortgages are really important. that's what steve liesman was talking about with the fed the fed should be able to, it sounds like, back pretty much anything so provide liquidity is what i can say. let's say you don't pay, it goes up the food chain. it sounds like that the bills of a major real estate company, how much would simon properties like to call in, those properties will not go under. so many of them are connected with the stock market. you saw a lot of companies that are say mortgage reits evaporate last week. because they had good dividends, you know that's where the elderly, the people with no other income, that's where they were what bothers me tremendously is not just the jobs side but the savings side given who we are at cnbc, we seem to have, i think, better call on how you have got to protect the seniors who don't have a job and won't have income if this thing keeps going away >> i know. your point is a good one we've seen dislocations, what is

barricks said it should be seven-tenths, it should be closer to the flu with sars.ormation you've got, cumulatively, and then pivot if you need to, to make sure we're tailoring this in a way that's going to tap the disease down but not kill the economic patients. pete: that's right speaking of tailoring do you think there could come a moment where you effectively say we know who the vulnerable populations are, elderly, people with pre- existing conditions we know where the outbreak is mostly centralized and you say okay they are stay at home for those folks but other people gradually start to come out and move the engines of the economy again. what's your sense of when we might know that something like that is possible? >> well, i'm thinking everything i'm getting, i still stay in touch with the business i used to run, my kids and a good group of young executives do it now so i get firsthand information, and almost across-the-board, disproportion at issues with hotels, airlines, bars, restaurants, and that's going to need some help, but we've got to do this , in my