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Writer's pictureEconomic Revolt

NEM Strikes Gold At Earnings

Newmont Corp had a fantastic earnings. We knew this would happen due to the rise in Gold price. The raw material they mine gained 10-25% in value depending on the metal, which means exponential gains for their company.


Not only did the day perform well, at a P/E of 15, there is so much room up as this gold rush continues. We plan to hold for as long as this gold rush lasts, as gold will be the leading indicator for this stock.



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jlmmull01
jlmmull01
May 25

This is interesting. I bought a few gold trust stocks and etf's. I hope it works out.

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