Gold play based on fundamentals (supply and demand) and a hedge against inflation. NEM is trading near a 52 week low. Recent correction in gold and other commodities is overblown. The fundamentals have not changed - China, et al. will continue to… More
With gold priced so high, why is this companies P/E so high? It should have higher earnings at these gold levels unless this company has some internal problems. You can't eat gold so with the price of food going up, gold would be a less attractive… More