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Newmont Mining Corporation Message Board

  • vol2smile vol2smile Mar 15, 2012 2:59 PM Flag

    Time to buy again ?

    Gold usually bottoms in March. Now QE3 is almost out of the question, gold weakness from that seems over. Either we stay long in this negative real rate for a while, or inflation is going to come back. Either way gold is going to benefit.

    And at the same time, oil is starting to correct: oil inventory has been climbing up. Not that much real demand.

    NEM is within 10% of the 52 week low, and pays a nice dividends that is should rise as gold recovers.

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