Newmont Mining Corp (NEM)

Short stock for month then rebound

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 need gold and other metals to grow their economies. Recent massive infusions of capital by the Fed pose significant inflation risk for which gold is the refuge of choice.

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Motley pick

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.

GOOD in short and long term

gold near a short term top - this is a play on that - short term sell

due to "Temporary Illusional Bliss Syndrome" the market is choosing to ignore the obvious and is climbing to new highs. It is another case of "lure them in and then rob them blind" as the big money grabs profits and sells out, leaving the rest to ponder what went wrong.
Newmont Mining is a no brainer, the stock is down far from record highs, and with the world in such a state of disaccord gold is set to move upward at every hiccup.

Gold is still a mover in todays market.

Gold company, will bounce back as soon as deflation fears dissipate. NEM also owns a portion of Gabriel Resources (Canadian gold miner)

Pretty good gold play...can be good to trade as well.

I know that the PE ratio is high in a volatile sector, but once they removed those costly and unnecessary hedges, I see a 10 point pop within 5 months - especially with the other monetary catalysts and the proliferation of naysayers.

Panicmeisters buying gold during mideast conflict. When that passes, they'll sell.

Earnings increase of 444%, 119% increase in operating margin, still shaky on the dollar.

Sure, gold and other precious metals might get bouncy in the short term, but I'm keeping my horizon on the long term. Block out the NOISE.

A major gold mining stock who will benefit if you believe gold price has still to rise significantly in the near & long term.

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.

The choice for metals mining

After an initial dip to Gold (which by the way is exactly as predicted) I'm starting a position in one of the best companies to benefit from the upcoming Gold rush.