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Buy Newmont Goldcorp to Follow Gold Futures Higher

Richard Suttmeier

should be a core holding in a diversified investment portfolio. My call is to allocate 10% of your investment portfolio into a gold mining stock and Newmont is closely correlated to the price pattern for the Comex gold futures contract. The weekly chart for gold futures shows that the precious metal is poised for a breakout and Newmont will follow.