Newmont Mining Corp (NEM)
A gold producer, engaged in the exploration for and acquisition of gold properties. The Company has operations in the United States, Australia, Peru, Indonesia, Canada, Bolivia, New Zealand, Ghana and Mexico.
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emerging nations need resources.
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Gold will go up and so will Newmont.
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Hello USD, bye bye GLD.
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Long-term this company should do well if energy prices stay controlled and metal prices continue to rise.
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inflation, weak dollar, strong gold should help this major mining co
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Another miner - will explode when inflation hits.
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precious metals are always in demand
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Gold is an artificial inflation hedge. Once the economy comes back, gold stocks are going to crash.
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Newmont is a monster, like Barrick, except Newmont is an unhedged monster. They worry me at times but with 91 m oz's of gold in reserves, when gold goes crazy Newmont will be 75 before you pick up the phone to call your broker. kinda hard to outperfom the S&P if your on it but im sure they will.
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someone's been reading Peter Schiff and Christopher Barker (TMFSinchiruna)
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When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.
The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.
You can blame TMFBreakerDave for me adding pitches to so many of my picks.
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I love the shinny stuff
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Gold explorer will soar with raising gold prices.
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Sink or swim
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Gold is good. I think all gold stocks will appreciate from expanding debt, and the devaluations of most currencies in the world.
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Gold will surge as the dollar craters
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Gold company, will bounce back as soon as deflation fears dissipate. NEM also owns a portion of Gabriel Resources (Canadian gold miner)
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Gold should have quite a ride in '09 .....

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